1. The past week after the opening of the session at $8070, the ORGANIZERS quickly rose up and confirm the highest is $11250 and ended the week closing at $10,400 (recorded on Bitfinex).
2. The price rise accompanied by pretty good trading volume and candles the past week no ball candles under the BTC buyer demonstrates the past week pretty well.
3. The ORGANIZERS closed the week at $10,400 and complete the 3 cluster model Morning Star candlestick reversal confirmation from falling into the increase. So, according to the ORGANIZERS, the reversal candlestick pattern has established the bottom is $6000 and maybe that would be the lowest point of the BTC in the year 2018.
4. After the BTC reduced 2 weeks under the Bollinger bands between the past week ORGANIZERS closed the candles is located on Bollinger bands, then according to the technique of the Bollinger bands, the ORGANIZER will approach Bollinger on is extremely high. Resistance levels according to the Bollinger bands on is $17,900. The slope of the bollinger bands is also pretty good for BTC back uptrend after establishing the bottom.
5. On the week after DI-cut down to create the waves tune past the DI + topped prevails and is located on the MOVE – but the need is to have to come back up, the ADX waves will no longer strong ADX still pointing not to go down fast and hard. However, looking at the waves tune ADX, the ADX can quickly rise again attached the DI + pass 25 because currently the BTC 23 will increase fast and strong back.
6. Stoch are signal adjustment, 2 way are quite far apart. Thus, the expectation is to go sideway then 2 lines intersect over the BTC will increase drastically the BTC will mitigate or pass some time around the middle of the Bollinger bands to force levels.
7. The MACD still signal the downward trend. However, Histogram has gradually shrink and if this head co up the line 0 then the BTC BTC increased the momentum for good. When 2 way line of the MACD is on 0 then if MACD intersect back then the BTC will conquer new heights.
8. Cash flow dropped sharply after over 50 MFI and currently stagnated and created a wave of increased around 48. So, the need is > 50 then the MFI will complete the rising wave of MFI. When it will be very good for the next increase momentum of BTC. Also present are MFI 46.75 yet cash flow, then pour in enough to BTC increased rapidly.
• Conclusion: thus, on the week we see that pattern reversal candlestick and technical indicators are good and looking forward to the ORGANIZER in action in the nearest time. The initiative of the probability is for the BTC increased momentum is so much greater than momentum.
II. ANALYSIS On CHART (D1)
1. Yesterday ended the week end on candles and candles create a pretty bad candles for the uptrend. Recorded the highest level is $11,250 and the low of $10,122 on the Bitfinex floor. The end of the session ORGANIZER closed in $10,400 create candles to hinder the momentum of increase of BTC.
2. If we give gom 2 Candles candle to D1 a Shotting star, this is usually the way candles candles has increased.
3. With very large trading volume and accompanied by a sales person pretty much make the ORGANIZERS quickly fell from $11,250 about $10,400 and usually after the candle like this then 1 to 2 days will be reduced if the purchase volume of candles on not being the day before. So, if the rapidly increasing no BTC today accompanied by strong buying volume overwhelms the ability of minutes ago BTC will decrease to adjust a range before continuing to rise.
4. After the Red trendline around $8700 then BTC has increased near the Canal on the asymptotic tendency around 11,400 $-$11,700. In this region will react sharply and then we will know the BTC are really going to conquer new heights. Combined with the data from the frame the week we can conclude is that BTC will be enough reduce the trend channel destroyed and overran the uptrend in the coming time.
5. the ADX is 30 and the DI + and DI-DI topped + are close to 21. As such, the need for a strong waves is the wave and over 25 + right MOVE the ADX is rising back up the Pepper's suit. In this position if we assume the same DI + and ADX waves hug run up is also very reasonable. So, if the ORGANIZER sufficient break channel trend, the ADX will at the same time support.
6. Stoch has cropped up and are in uptrend.
7. The MACD after false 2 times already as us or say "too tam three busy", MACD just then cut is real and the uptrend is reasonable when the Histogram space.
8. Cash flow of MFI are 65, as such on the Daily flow of money continues to pour into and not yet in the region too. So, the ORGANIZERS probably will continue to rise in the coming time.
9. Yesterday the ORGANIZER after touching the Bollinger bands with the slope is large then the BTC decreased rapidly return. However, today look at the Bands on we see bands are open again. A when the Bollinger bands on the open, the uptrend is being increased about probability. However, with a strong reduction of waves and the first BTC touches are Bollinger bands on the need for a strong trend is about to touch the Bollinger bands between around $9100 to grab for the next rise.
10. Consider the ichimoku we see 2 lines create clouds of Kumo is A and B Span span is shrinking but blue clouds yet to be created should trend up during this time was quite weak. Tenkan-sen and Kijun-sen was on Chikou span are located-sugar sugar price and the intersection between the Tenkan-sen and Kijun-sen along the whole price is below the clouds should increase power and not Kumo motion speed is usually not as fast. So, the ORGANIZER if the increase is also very slow.
• Conclusion: Like the previous conclusion as BTC is growing and will probably rise further. However, if want to increase sustainability, the BTC returned test Bollinger between around $9100 or at least well on the new non-force $9600 the sustainable increase of around.
III. LEVEL OF SUPPORT AND RESISTANCE
1. Level of support
-Important support level: $8000-$8600-$9100-$9600
2. Resistance levels
-Important resistance level: $11,400-$11,945-$13,000-$13,860-$16,000.
IV. CONCLUSION
1. Thus, under the frame of the BTC week was reversing from the downward trend to rise and very likely in the coming period will conquer at least $17,900 and if the old top break BTC will fly high and far more numerous.
2. On the frame Daily trends are increasing and the nearest target is asymptotic test on the channel's tendency to lose around $11,400-$11,700. Then watch True or False Break break will have the next approach. However, based on the frame of the week then likely True break will be higher. In particular, if the ORGANIZER about being $9,600 or lower is $9,100 and strengthens back then huge buy will force.
3. Combine the data from the time frame and the indicator then the next time will be the time pretty nice market for Crypto.
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