MaksymKonstantynov

Thursday report of Bitcoin

BITFINEX:BTCUSD   Bitcoin

Good morning, it would be desirable to talk about spring. Spring In the analysis is accurately traced action when there is an updating of a minimum of the price, and then her sharp jump in the opposite direction follows, i.e. the price "springs". Spring is an excellent method to gather additionally a position in the growing market, but in falling market of Spring which left from weakness (that at present it the last trade several months) does not lead to updating of the local maxima. In this key lack of reaction from 6700, sticking with reduction of volumes will lead to the secondary test of the culmination of sales about which was written earlier. The price meanwhile did not find demand at these levels and moves to more acceptable for her levels.

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