algoryproject

algoryproject

Watch downtrend line showed on chart + volume.

algoryproject

Take a look at volume on this move to 13 722$. Similiar to dip at 8700, 5400, 3000$. So at at this moment watch carefully 13 700-14 000. If move lower next stop is much more lower. Watch lower highs on 1h.

algoryproject

Hughe move after breakout. As I said before 20-25k$ is the level that I'm looking for. On the other side, I think this move might end as soon as CME launch BTC futures. Take a look at daily candle. How each pullback is being bought. Really strong bullish market. But this move is so parabolic now. Don't chase at this moment. I'm still long.

algoryproject

Moving above 11 600 -> next step 11 800 and I think new ATH. But at this moment it is important what happen around 11 600 - 11 800. All pullback was bought very quickly. So still looks very bullish. Please refer to my last BTCUSD analysis.

algoryproject Updated 

Watch it carefully. If 11 200$ breaks.. then ATH is coming in my opinion. BTC is really strong. I thought that we might move to 7800-8400 and then again to new high. At this moment - red line as support - green line - most important resistance - blue line - trend line If 11 400$ breaks, belive me or not but 24-25k$ might come. Why? Take a look at all moves...

algoryproject

BTC is amazing last days. Volatility killing it! At this moment if you are not in position, don't chase. It is better to wait for pullback - watch 10200, 9800 levels as main support now.

algoryproject Updated 

I closed my position between 10 500 - 11 250$. If there will be a lot of buyers I will revisit it. But at this moment I'm waiting for 10 000 -> 9200 -> 8400 -> 7800. Most important is 7800-8400 range. I will buy again there.

algoryproject Updated 

Breakout above downtrend line was great. I do also like the volume. If we move above 8730 next resistance is about 9050-9150$. Longterm position is really really fine :)

algoryproject Updated 

Update! We are again at 0.00263-0.00265. So it is important resistance if it breaks we should see >0.00285 easily.

algoryproject

So far so good? Who trade it? 0.00263-0.00265 was the key point as I said. At this moment watching trendline + higher lows. Still on long side.

algoryproject Updated 

Worth watching 0.00264. If it breaks, next level is 0.00283-0.00285. Volume is great. It is also interesting that BTC is moving up and altcoins at the same time! Almost like in March - June :).

algoryproject

Update regarding to most important level on daily chart. If break below 7400 levels mentioned on charts will play most important role.

algoryproject

Lower highs settings on 1h interval. It is really important to watch it. 2 ways to trade it. #1 If move above downtrend line on big volume. Then watch for 8300, 8400 and new all time high. But it think this most likely is second option. #2 Watch 8100-8080 as most important support. If it breaks it easily will move to 8000 and then to 7800. At this moment...

algoryproject Updated 

BTC look strong. I closed some of my short position as I mentioned in last post. At this moment I do again build my long position. Mostly because of: - higher volume on each lows (take a look at 7400-7500$ support level and volume) - higher lows on 1h interval At this moment watchin 7880 -> 8000 -> 8030. Then we can easily move even to 10k$ as a psychological...

algoryproject Updated 

Getting interesting on BTCUSD. Take a look at lower high on 1h chart. At this moment most important is 7784 -> 7732. If it breaks we should se a move to 7520$ -> 7340-7360. Most important level at this moment is 7100. If we move back above 8000$, we will easily see 9-10k$ very soon. I'm bullish but each pullback is a great possibility to add to position.