Main balance range: 0.8471-0.9725 Mini balance range: 0.8471-0.8750 Priority H1: bull Level H1 for change the priority from bull to bear: 0.8050 If this level will be break down BCD will fall to 0.7065 Enter points: 1. 0.8750-0.8800 area after true bull breakout mini balance 2. 0.8050-0.8248 after false breakdown Targets: 1. 0.9120 2. 0.9720 3. 1.2220 Stop...
Our main balance goes up. But after a sharp rise, the price quickly returned to the upper balance level 0207. We got something like pump and a dump. And now many people asking - and what's next? Technically chart looks bullish - breakout and retest the balance 0187-0207. But current price momentum is bear. I do not recommend to open buy positions while the price...
At the moment the price is in the balance with the range 0.7088-0.8446. On the top of the balance we have a bear initiative. On the bottom of the balance you can see a bulls (indicated as circles). Horizontal volumes moved at the bottom of the market. This means that market participants are accumulating their positions. About the medium-term trend up, we will...
We have signs of accumulation. Look at the horizontal volumes - they shifted down. Vertical volumes has also increased. This means that the main activity occurs at the bottom of the market. Big players will not sell on the bottom, right? How to trade now? We have new balance with the range 0187-0207. On the bottom of this balance we indicated support area...
At the moment we still have a bear priority But the price finally reached daily support area 0189-0194. It's a huge area can hold the BCD from further falling. Of course, a lot of things depend on the movement of Bitcoin. What to do now? If you want to buy BCD, you need a confirmation in the form of a breaking of the last balance. To make this true the price...
Out last BCDBTC forecast is still active so we decided to analyze BCD against USD. On the chart we indicated (boxes) active balances. As we seeing, the structure of boxes - descending. At the moment the price reached daily support area 0.65-0.69, but to start buying we need confirmation. How to see it? We need at least one past balance to be canceled, and the...
Ticker: BTCUSD Exchange: BITFINEX Bitcoin is now in balance, but soon it will come out of it, and go to the next balance I marked the following points where we should look for an entry point. Remember! You should see confirmation on a smaller timeframe of 1m Put your Stop Loss for the specified zone, risk / profit ratio of 1 to 2
Everything is on the chart. If you have questions - write in the comments.
The price did not reach 1 tick to the indicated earlier support. We expected the price at 0213-0217 area, but rebound started from 0218. Please note that the vertical volume increased at this level and the price showed a bullish reaction. What now? Our main balance has expanded a bit. The range of the balance now 0217-0274. Also we have an another narrow balance...
For this moment we have 2 balances. First balance is wide with the range 0228-0274. Second balance is narrow with range levels 0232-0246. The best opportunities for open buy positions is from the support area 0228-0232. If this area will be breakdown with the high probability the price goes down to the next support zone 0213-0215. But if the narrow balance goes...
Wow. Did you catch this move? It's look like cryptomarket is starting to wake up. A small gift for the New Year holiday. We waited for this almost a year, didn't we? Ok, what's next? We have bull priority. Most likely a new balance will be formed now, we already have 2 borders. To enter the market use the lower border of the balance (0243). If this level will be...
The price is still in a range 0194-0220. We need to wait the moment where this range go - up or down. If this balance will goes down it's forbidden to buy from 0189. Because a lot of stop losses was hide below the 0194 and if the price will trigger these stops we can see a sharp down impulse. Wait for big vertical volume and bull reaction on it. Buy: 0220 (after...
Visually, Ethereum is not much different from Bitcoin. If Bitcoin, in the case of a breakdown of the balance, going fall to 2850-3000, then ethereum - to 66-68. And the probability of this scenario is really high, since there are no big active buyers on the market yet. But first the price should breakdown 85 - it's a last level where there was a small initiative...
We have a bearish priority and the last down impulse bar shows it very clearly. To change the priority to the bull the price needs to breakout this impulse bar. Until this happens, currently Bitcoin is falling. If the price breakdown 3690 - with a high probability we will see a huge drop to 3500 and 3000. Buy: 3905 (after breakout) Take Profit1: 4135 Take...
Ticker: BTCUSD Exchange: BITFINEX BTC is still in a downtrend Now it's too early to buy There is current support in the zone: 3250 - 3400 Global support is at 3000 And with high probability we will see the price at this level.
We expected the price rebound from the level 0216, but because of the Bitcoin fall and the overall weakness of all altcoins, the price of BCD also decreased. At the moment I see 2 possible scenarios: 1. If Bitcoin drops to $3000 (probability of this scenario is very high, more than 90%), the BCD price will also show the bottom with the price 0189. 2. If Bitcoin...
The price reached our support level 0240. If you bought from this level I recommend protect you positions with breakeven stop loss. There are 2 reasons for this: 1. The price showed weak bull reaction and formed new mini pullback level - 0242. 2. The price formed new mini-balance. And if this balance goes down, the price fall to 0216-0220. If you have not bought,...