1. Only 2 days until the end of June. So this is very important these days and create candles month will decide pretty much for the BTC trend in the coming period.
2. Expect this week the organizers will fluctuate in a range between $ 11,000 - $ 14,500.
3. Yesterday BTC plays a red candle with the trading volume is not large, and recorded the highest price is $ 11,975 and the lowest was $ 11,070. Low trading volumes and falling prices is not worrisome. Logic 2 green candle red candle on the chart 2 Daily has not escaped when closing BTC create red candle today and logically expect to add 1 red candle. Thus, we can conclude BTC is sideways. Need a clear breakthrough to create trend.
4. At Ichimoku Kumo we see currently still red and tend to extend downward, Tenkan-sen Kijun-sen is below, the price is fluctuating below the Kumo and special Chikou-span has fallen from the clouds. In terms of the BTC Ichimoku ability to continue to decline. However, there is one signal when the Kijun-sen flickering is moving sideways and around $ 13,200 mark. Global review of the Daily Ichimoku chart on BTC is under pressure fell sharply.
5. On the Daily chart, ADX is moving in sideway when DI is approaching 25 and appear under the lower mountain and mountain DI + is increasing. This expected increase in BTC will next time.
6. Stoch after cutting up was going down again to create downward pressure on the BTC.
7. MACD line crosses 2 enclosed offices were located on the 0 Histogram confirm trends BTC will increase in the coming period. Until today 3 offices situated on the 0 Histogram created that BTC has yet demonstrated increasing trend is sideways. If not quickly increase the BTC is worrying when the chart MACD crossover Week has come down signaling bearish correction.
8. Cash flow MFI is still not strong enough to pull BTC increased. Need MFI of 50 to BTC continue to rise sharply again.
9. The bad when Bollinger Road MA20 sizable slope will curb the rise of BTC.
10. At the H4 chart we uptrend formed when peak-peak appear higher and higher low here- and waves breaking point increase at 10 276 $.
11. The ADX is moving sideways when all 3 lines are under 25.
12 Stoch after falling into overbought cut down signaling the correction.
13. MACD has confirmed to decrease when the MACD has crossed down 2.
14. MFI after approaching overbought plug 80 has come down and is no longer viable on 50 when MFI is 44. This is worrying when the cash flow is no longer viable to confirm the uptrend of BTC.
15. Green Kumo Cloud has appeared and the price is approaching the cloud and in this position quite thin Kumo. Tenkan-sen Kijun-sen is located on the confirmation wave Chikou-span increases but the price is close to no clear trend. Kumo green regrettable but not upwards but sideways. Thus, global review, the BTC's Ichimoku-slightly sideways.
16. Bollinger bands are flat and slightly sloping to the MA20. This also partly supported 1 BTC. However, the price is below the middle Bollinger bands should access under is pretty high.
II. Support and Resistance
1. The level of support
- The key support levels: $ 10,686 - $ 10,000 - $ 9,200.
2. Resistance
- The key resistance level: $ -13,200 $ 12,500 - $ 14,000.
3. Resistance to note is: 12,500 $ - 13,200 $ - $ 14,000. The support level at 10 686 $ important - $ 10,000.
III. CONCLUSIONS
1. BTC is moving sideways. If BTC access to support 10 686 $, the BTC will quickly rise back at least $ 11,200 and may be higher at $ 11,450.
2. If BTC is not enough clearance 10 276 $, the MOF must continue increasing asymptotic upper trend channel at $ 12,600 and higher at $ 13.250.
3. In case of breaking the support level BTC $ 10,276, the BTC will form clearer trend.
P / S: Analysis for reference, the strategy used to illustrate the analysis.
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