1. The past week of very large trading volume and price closed the week in the clamp position $11,000-$14,000. When the price gets sandwiched in this region, the ORGANIZER will sideway. This past week while the candle is red candles but do not see the buy or sell side prevailed when the ball pretty long bottom candle and candle end is located around the Central candle shows us yet faction would prevail. So, if appearing 1 week red or blue candles and low trading volume this week, and closed on the $11,000 candles from 28 to 31/1/2018 ORGANIZER to quickly rise to pull in the candles, BTC increased sharply back to continue conquering the peak new. Bad cases occurred at the end of the candle, I will analyze later.
2. The other day and yesterday closed 2 red candles as ORGANIZERS anticipate about logic. So, if according to the logic, the next 2 the Green candles. With trading volume today was quite large and ended the session has yet to see any faction prevails. Key candle the candle is still neutral version.
3. reduce the tendency of newspapers still ADX BTC are still strong when the ADX is 32 and DI-27. However, waves of ADX has created lower mountains and the ADX are heading up. So, if the ORGANIZER down will also down sharply that UP will also up sharply in the coming time. As this is the main wave of ADX.
4. the approach when Stoch too sell tend to shrink and hugged each other. If the increase in cropped up BTC Stoch will be priority.
5. The MACD also is shrinking and go horizontal, cylindrical Histogram is shrinking gradually and if MACD cropped up, the tendency to BTC will more clearly. Before that, the MACD has cut down no one doubt and coming up will cut the MACD trend of MACD than waves.
6. MFI after approaching the region too sold has risen again and now is 36. Yet to see cash flow strong enough to put the ORGANIZER to a new peak. Only when MFI on 50 then the BTC to get enough new drastically increased.
7. As I've long ago, BTC analyses each reach around continued the $10,000 price appeared fairly strong purchase power and withdraw the legs up very nice. So, I'm thinking is that sharks are found around the gathering of $10,000.
8. Consider the ichimoku we see that prices are located below the Kumo clouds, Tekan-sen and Kijun-sen is under the reviews below Tenkan-sen should reduce priority trends. Kijun-sen, are proceeding should appear slightly on the Kijun-sen attraction around $13,200. Plus the Chikou span is located under create price-reduced pressure but is located on the cloud should pressure relief rather than Kumo is not strong enough.
9. We continued to consider the 4-hour chart, the ADX is under 20 and DI-located on the DI + and DI-are 22 and have the down slope. If the calculated metric, then the DI + will spin up and towed the ADX DI-cut rose back above 20. At this time BTC will have 1 waves increase consistent with the rising wave of ADX on chart D1.
10. Stoch are cut up signal.
11. The MACD after trapping has cropped up again signaled uptrend. Usually, after each trap the MACD, the trend appeared to be quite strong. So, I think maybe BTC are quickly falling back when the Histogram space was on the line 0.
12. The MFI are 58, this data shows investors have poured money into buying BTC after MFI confirmed on 50.
13. Tenkan-sen and Kijun-sen was on Chikou span was on the road-the prices should trend can rapidly increase today. However, the price and the Chikou span-Tenkan-sen and Kijun plus-sen under the cloud plus the Green cloud appeared yet should have been significantly increased force. So, if considering the ichimoku trend up still more priority but not strong.
14. the Bollinger bands are back spasms and there fighting about to boom. The price is approaching the middle of the Bollinger bands. So, if the closing price on the Bands between the $11,100 at BTC will rapidly increase today.
15. The ORGANIZER are vibrations in the uptrend channel. After the price of near proximity of the uptrend channel blue rapidly rises. So, the buyer is determined is quite large and tend to asymptotically approach on the uptrend channel at $14,000 but first BTC will reach $12,635.
II. LEVEL OF SUPPORT AND RESISTANCE
1. Level of support
-The critical support level: $10,500-$10,000-$9,200.
2. Resistance levels
-The critical resistance level: $12,635-$13,200-$14,000.
3. Resistance levels that need attention are: $12,635-$13,200-$14,000. An important support level at $10,500.
III. CONCLUSION
1. The ORGANIZER can rise again and the nearest goal is $12,635 and may be higher in $13,635-$14,000.
2. According to the data available, the $9,200 is the bottom, the very sensible for the long-term uptrend of the BTC. ORGANIZERS in-depth $6,900 reduced case-$7,200 probability is not high. However, with the market fully to this fledgling Crypto there is nothing impossible.
P/S: the analysis is used to refer to the strategy, used to illustrate the analysis.
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