ANALYSIS of BTC/USD on 11/01/2018

TECHNICAL ANALYSIS I. 

1. Yesterday after falling about $13,300 appeared fairly strong purchase power and end the candles in candle creation $14,900 Hammer. Reversing candles appear together with increased trading volume. So, the ORGANIZERS expectation today continue to increase. 

2. BTC still hovers in the uptrend of the blue channel and wait for BTC continues to increase in the coming period to fit the cycle. 

3. the ADX trend forecasts still yet sideway expressed when ADX Main is 23. 

4. Stoch are forecasting the uptrend 

5. The MACD has cut down the newspapers tended to decrease. 

6. Cash flow are approaching 50. Have this day card cash flow continue to pour into the BTC.
7. Consider the ichimoku Tenkan-sen shows us and Kijun-sen are expected to hug 1 surge in the next few days. 

8. The clouds are heading up and Kumo after the approaching clouds ended outside the cloud. This supported the BTC will continue to rise again. However, the Chikou span is under way-the price should increase speed can not yet strong. 

9. After the price break between Bands and today appeared pretty good and BTC buyer return closed on Bollinger between. Combining the techniques of the BTC will increase rapidly in the coming time.

10. On the 4 hour MACD and Stoch is shrinking and prepare to cut up. If 2 lines cut up the uptrend of the BTC will more clearly. 

11. Cash flow of MFI are 42 yet powerful enough to pull the BTC increased rapidly. Need investors to pour more money into in today to help ORGANIZERS rise higher. 

12. reduce support but are nevertheless ADX appeared lower termination signs when occurrence of double mountain and mountain after mountain lower. 

13. the Ichimoku on 4 hour brackets have not supported the BTC increased sharply in today. So, important conditions to BTC increased sharply when Kumo clouds escape price. 

14. Bollinger H4 pretty bad when both lines on the slope. Expect the price to move slow and increased sideway to have time enough before the BTC can increase strength without obstruction. 

II. LEVEL OF SUPPORT AND RESISTANCE 

1. Level of support
-The critical support level: $14,200-$13,200-$12,200-$11,000. 

2. Resistance levels
-The critical resistance level: $15,300-$16,000-$17,000-$18,500-$19,450-$24,300. 

3. Note that the resistance level: $15,300. An important support level at $13,200.

III. CONCLUSION 

1. The MACD has cut down and prices are located on Bollinger between BTC sideway ability increase. 

2. short term trend may increase the resistance level: $17,800-$18,500-$19,450-$24,300. 

3. long-term trends of BTC can increase the resistance levels:
$25,500-$34,700-$49,500.

IV. STRATEGIES 

These you would have to Board should Hold. I will seek to increase the number of once beautiful.

P/S: the analysis is used to refer to the strategy, used to illustrate the analysis.



Get Bonus No Deposite in your Trading Account now and add this currency pair to your forex portfolio, enjoy your trading with us!

    
    

  

    Bonus 1000% Up To $100            WELCOME 30 USD

No comments:

Post a Comment