1. Look at the candle the week still today and 2 more days closing new candles but trading volume so huge and close the current candles this week is also very important.
2. Today BTC dealing with the relative weight and the reluctant investors clearly see the end of the trading session today BTC create neutral candle Spinning top. With candles on so then everything can happen.
3. On the Daily chart we have yet to see any good signal for uptrend even beam of 3 candles.
4. Review the H4 chart we see ADX on 40 still supported the downward trend and DI-are 23.5 downward trend yet powerful when not over 25.
5. Stoch signal trend up again.
6. The MACD confirms the uptrend of the week.
7. Cash flow of MFI are rising again after confirming the lowest at 12 and currently 43.5. Still need 50 to confirm on the MFI cash flow strong enough to pull the BTC increased rapidly.
8. Kumo's Cloud are red and walked away ichimoku signals sideway. Chikou span had created increased wave-plus prices are sandwiched between the Tenkan-sen and Kijun-sen shows us BTC still not strong enough when Tenkan-Kijun-sen is under the shower ... so, the ORGANIZERS want to increase the Tenkan-sen should pull and Kijun-sen is on the price is below the cloud should pressure still BTC Kumo the force reduced.
9. The ORGANIZER has appeared on the Zigzag H4, BTC will continue probably increased slightly up test combat zone around $12,400-$13,300 and see enough force to break the rise of BTC channel trend rising or not.
10. the BTC currently hovers in the lower channel of red and still not see the reverse pattern occurred from the H4 back up.
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: $12,600-$13,000-$13,700-$16,000-$17,000-$18,500-$19,450-$24,300.
3. Note that the resistance level: $12,600. 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-$13,300. 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.
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