ANALYSIS of BTC/USD on 29/01/2018

I. TECHNICAL ANALYSIS. 

1. The end of the past week ORGANIZERS create candles Hammer quite beautiful but unfortunately the ball candles under the back is not the lowest point of the cycle this reduction. So, this candle is not considered as strong as the lowest score, not pass the lowest points of the front decreases candles. However, the candle the week closed quite beautiful and expected this week will fluctuate in the BTC, $11,000 to $14,500. The case weeks later this region will break the ORGANIZERS analyzed next. 

2. Thus, according to the expectation of the Red candle candle blue 2 2 logic went three rounds. So, the logic will be forthcoming and I don't expect the next 2 days will create 2 red candles. 

3. On the Daily chart, the ADX is going into the sideway when DI-progress gradually on the under 25 and appear the lower mountain and mount DI + is ascending. This BTC expectations will increase in the coming time. 

4. Stoch has cropped up and signaled uptrend. 

5. The MACD line 2 cut up the enclosed Histogram space was on 0 confirm the trend will increase during the next simple ORGANIZER. 

6. The cash flows of the MFI are 39 yet powerful enough to pull the BTC increased rapidly. 

7. oscillator still under the cloud of BTC Kumo red and blue clouds have yet to appear. After the candle close above Tenkan-sen ORGANIZERS usually reviews will be-about the Kijun-sen in $13,200. 2 the creation of clouds are parallel Kumo will support for BTC Chikou span is in-and the cloud will help Kumo pressured fell over. So, according to the BTC will be-ichimoku on Kijun-sen in $13,200. 

8. The way Bollinger bad when sizable MA20 slope will increase momentum suppressive of the BTC. 

9. Review the H4 chart we tend to increase that form when the peak-peak and Bottom-lower bottoms. 

10. The ADX is supported the uptrend but very weak increase in force. 

11. The rising Stoch but fell on the region too buy. 

12. The MACD confirms the uptrend but based Histogram are lower. 

13. Following the approach of MFI too buy 80 then fell and is now 75. The MFI are confirmed BTC has been cash flow poured into pretty strong supporters on the 4 hour chart. 

14. Cloud appeared green and Kumo Tenkan-Kijun-sen are located on Lotus plus the Chikou span is in the clouds-and is located on the street price we can conclude the ORGANIZER will keep rising but not as strong. 

15. Bollinger bands are supported BTC increased when prices are located on bands and bands on the extension. Bands between closing trỡ support role at $11,366.

II. LEVEL OF SUPPORT AND RESISTANCE 

1. Level of support
-The critical support level: $11,500-$10,500-$10,000-$9,200. 

2. Resistance levels
-The critical resistance level: $12,600-$13,250-$14,000. 

3. Resistance levels that need attention are: $12,600-$13,250-$14,000. An important support level at $11,500-$10,500.

III. CONCLUSION

1. The ORGANIZER can rise again and the nearest goal is $12,600 and may be higher in $13,250-$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.

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



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