I. ANALYSIS CHART Week (W1)
1. Open cừa the session last week at $10,399 and BTC increased rapidly at $11,788 and quickly relieve low back for $9280 and closing the session at $9583 (data recorded from the floor Bitfinex).
2. With increasing transaction volume and prices to plummet and creating candles pretty bad for the tendency to rise again.
3. Candles can take the week 2 direction logic: If the ORGANIZERS go towards the old we noticed that for 1 green candle will appear 2 red candles next design then. So, if the ORGANIZERS go towards the candles this week will be closed in the red colors. Case logic is changed then the candle will go 1 green candle alternated 1 red candle. However, when we observe the candles and the volume of transactions this week then the probability of generating red candles are much higher.
4. Have swept down on Bollinger and candlelight closing price a week under Bollinger after the previous week's closing of candle on Bollinger bands. So, if we consider private Bollinger then closed under Bollinger after located on Bollinger, the BTC could go sideway or reduced the door falling almost no light.
5. The ADX is 32 and DI + are located on DI-and DI + is 23. So, if the rising wave is dominant, then wait for the Department to go down below 20 and ADX cranked up the powerful trends. So, at this time the waves are waves should increase down pointed at ADX there can't be real strong. As well as the red waves falling hard also sharply unless ADX turned went up again. Over this time frame, the wavelength of the wave is more beautiful than DI-DI +. Meaning that if BTC down is easier is falling back.
6. The Stoch is still downward trend and 2 sugar% K and% D are still distant should need time to 2 lines intersect at this or can continue to go down the too sell 20. New resources at the time of purchase is also currently selling pressure still weighing up Organizer.
7. Cut down and the MACD Histogram space is growing. 2 way line of the MACD is not yet showing signs of cutting each other when the width is still very good and the direction of the line 0. So, the trend on the chart week of BTC are still subjected to reduced pressure.
8. Cash flow MFI after crossing the region too buy quickly rising and falling sharply to the present moment only 47.5. As such, investors have pretty much flushing and the BTC no longer as before.
9. The Ichimoku still favour the BTC increased momentum when the price is still on cloud Kumo plus Chikou span is above price and Tenkan-sen Kijun-sen is located on still but the gap has shrunk quite a lot. If the Tenkan-sen Kijun-sen cut down the possibility of a disaster will happen with BTC. So, expect that the ORGANIZERS are not down dramatically in the next few weeks if not the whole market fell on difficult stage both in 2018.
* Conclusion: on the chart with Daily trend adjusted pretty well. However, the candles this week played pretty bad so likely will decline a bit more before a revival because the ORGANIZERS have formed reversing candle cluster model tissue 3 Morning Star candlestick.
II. ANALYSIS On CHART (D1)
1. Yesterday after opening at $9665 and quickly increased to $9840 and reduced $9280 lowest and closing the session at the $9583 (recorded on Bitfinex).
2. With the volume just right and candles create the neutral candle is Spinning top. So, no faction would prevail when the ORGANIZER to create this type of candle.
3. On the chart with Daily candle patterns are going green 2 red candles candles 1 logic and if according to the logic that the BTC today will return to green.
4. The ADX is signalled when all 3 Street sideway ride ORGANIZERS are under 25.
5. Stoch still supported the uptrend and not yet into the region too buy should still be supported by BTC increased.
6. The MACD still support the momentum boost when MACD 2 line are still cut up supporters. Histogram based on 0 and head are smaller. Maybe the ORGANIZERS will continue to increase.
7. The MFI has dropped to 45. As such, the money got rid of BTC BTC lot quickly reduced.
8. Review the BTC price model, I feel like the ORGANIZERS are looking to go Head and Shouder model and price is forming the right shoulder.
9. On Candles still closed on Bollinger uptrend should still be Bollinger.
10. Review the pricing model BTC has yet to withdraw the foot after adjustment. So, according to my experience I need 1 foot candle creation withdrawal call Hammer or called Pinbar candle before falling back, it will be reasonable.
11. The Ichimoku yet advocating increased momentum of BTC. However, current Tenkan-Kijun-sen are located on Lotus should still have a little power boost. Buying power is strongest when the Kijun-sen in the around of $8900.
• Conclusion: uptrend is still supported on the on the Daily chart. However, the uptrend is quite weak.
B. LEVELS OF SUPPORT AND RESISTANCE
Pretty much strong resistance level but the support level then quite weak.
I. Resistance levels: $10,700-$11,400-$ 11,600-13,300 $-$15,750.
II. Level of support: $8212-$8900-$9570.
C. CONCLUSION
1. Trends of the week are still rising in the long term. The ORGANIZER has set out the Morning Star reversal pattern. However, the past week has created candles pretty bad. So, expect a little bit more reduced BTC roast before falling back.
2. On the chart of the day (D1) BTC still backed up. However, the increase is not as strong.
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