KYRREX ANALYTICS 10.05.2019 | ETHBTC Waiting for buyers reaction
Hello!
The KYRREX project is again with you and we are moving according to our trading plan.
In previous reviews, we prepared and waited for a local correction to sell BTC/USD and were preparing to sell and enter the trade at the level of 5610, under the conditions of occurrence of a trading pattern or formation indicating a reversal move.
Optimists with horns "pushed through" the zone and happily rushed with the price up. As in the Spanish holiday, where bulls are let out to run along the streets of small towns, where they trample on local bears.
And while the euphoria captures the minds, wallets and hearts, we will focus on other tools.
Take a look at ETHBTC. The pair approached the lower large cluster with customers and the candle today is being preliminarily formed as an equilibrium pattern with a twofold increase in volume. This indicates the emergence of buyers and the potential of rebound from this cluster. The weekend with a "thin" market is ahead and it is likely to rebound upwards.
We will place a Stop Buy order at the level of 0.0283, just in such a case. If the price goes lower, into the zone of this cluster with customers, we will look for a reversal pattern and enter below.
Wish All success and good trades!
* All KYRREX publications are made solely for informational and / or marketing purposes and should not be construed as economic, financial, investment advice, recommendations, or trading ideas. KYRREX does not take into account goals and situations of a particular trader in its analytical publications and is not responsible for any loss as a result of investment based on published analytical materials.
The KYRREX project is again with you and we are moving according to our trading plan.
In previous reviews, we prepared and waited for a local correction to sell BTC/USD and were preparing to sell and enter the trade at the level of 5610, under the conditions of occurrence of a trading pattern or formation indicating a reversal move.
Optimists with horns "pushed through" the zone and happily rushed with the price up. As in the Spanish holiday, where bulls are let out to run along the streets of small towns, where they trample on local bears.
And while the euphoria captures the minds, wallets and hearts, we will focus on other tools.
Take a look at ETHBTC. The pair approached the lower large cluster with customers and the candle today is being preliminarily formed as an equilibrium pattern with a twofold increase in volume. This indicates the emergence of buyers and the potential of rebound from this cluster. The weekend with a "thin" market is ahead and it is likely to rebound upwards.
We will place a Stop Buy order at the level of 0.0283, just in such a case. If the price goes lower, into the zone of this cluster with customers, we will look for a reversal pattern and enter below.
Wish All success and good trades!
* All KYRREX publications are made solely for informational and / or marketing purposes and should not be construed as economic, financial, investment advice, recommendations, or trading ideas. KYRREX does not take into account goals and situations of a particular trader in its analytical publications and is not responsible for any loss as a result of investment based on published analytical materials.
