1. Today with very large transaction volumes and data collected shows that sharks have been gathering a large amount of BTC and the Top 1. Increased transaction volume plus cash flow fairly strong purchase ended the session ORGANIZERS create the reversing candle Hammer or can call another name is Pinbar.
2. After the break the uptrend channel BTC row off and yet the backtest again the support level after the break and is now called the resistance around the $13,200 level.
3. On the frame Daily BTC have break out $11,651 support level. So, if the ORGANIZERS take the ABC waves then there would be about the $6,600 to $7,200. If the ORGANIZERS break are reduced, the trend channel ORGANIZER will rise again.
4. Main ADX is 29.6 and DI-33.59 shows us very strong downward trend, based on the Daily is not yet seen any good signal comes from the ADX trend for falling back.
5. Reduced notice Stoch.
6. The MACD line 2 are cut each other down, 2 to go this road extension and the Histogram quite long so the downward trend yet.
7. The MFI yesterday after the close of the 20th, the region advanced to BTC appears fairly strong purchase power and MFI are currently hovers around 23.
8. On the chart with Daily cloud red Kumo has appeared, the price has come under cloud plus the Tenkan-Kijun-sen is under the shower in conjunction with Chikou span-are located on the clouds and under the road. This shows us the ORGANIZERS are being pretty strong pressure drop. However, the ORGANIZERS are still lucky when Chikou span-are located on the cloud and Tenkan-sen and Kijun Kumo-sen is located in the cloud still have 1 part block BTC decreased. As if all the clouds were really not know what will happen with BTC.
9. On the 4-hour chart, we see the Main ADX is 44 and DI-27, this we clearly see when the ORGANIZER strongly reduced. Typically this index over 25 2, the downward trend is very strong. On this H4 chart we see the occurred 2 mountains and mountains of the lower back can literally ended the reduced period coin ORGANIZER. Look a bit further than we see the green mountains taller than Red Mountain should still be encouraged to increase trend.
10. the Stoch is shrinking and prepare to cut up the signal the trend up to his back.
11. The MACD Histogram and are embracing are smaller also tell us that BTC will probably rise again today.
12. the cash flows of the MFI after approaching the region too sell appeared capital flows pouring into the purchase of BTC. The MFI are increased and geared up pretty good. Looking forward to that flow of money continues to pour in to increase the price of BTC.
13. the ichimoku signals on the H4 chart pretty bad when all are located below the Kumo clouds. However, the price already nestled in the Tenkan-sen and Kijun-sen should trend up again appeared to signal. As such, the ORGANIZERS want to increase back to the upper trendline break and the best Break always cloudy Kumo.
14. The ORGANIZER are vibrations in red channels reduced trend and approach on around $13,000. This location is also the location after the BTC yellow triangle break. Thus, the $12,600-$13,000 is quite sensitive.
II. LEVEL OF SUPPORT AND RESISTANCE
1. Level of support
-The critical support level: $9,200-$8,200-$7,200-$6,600.
2. Resistance levels
-The critical resistance level: $13,000-$13,700-$16,000-$17,000-$18,500-$19,450-$24,300.
3. Note that the resistance level: $13,000. An important support level at $9,200.
III. CONCLUSION
BTC are vibrations in the Red reduced trend channel. Today can tune up the region $12,600-$13,000. It will then continue to react see sufficient break reduced channel or not. If no break was reduced in red channel ORGANIZER can reduce back and test the level of support on the. According to my personal analysis then today BTC has about around $9,200 should further low probability will not cao. However, with the financial markets, then nothing is impossible.
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!
No comments:
Post a Comment