#BTC 30min On a small scale, you can see the possibility of a rollback of the last growth: if local support does not keep market pressure, then we will decrease to levels of 6000 and possibly 5880. If the asset manages to enter the resistance range, which at the moment looks like a pretty strong barrier, its upper edge (6640) will make it possible to grow to higher levels.
It's dangerous to be in alts, until Bitcoin has decided on the direction of the move, a recommendation to close all active short-term and medium-term deals. You can only keep long-term assets that have been severely declined.
#BTC Pretty strong and impulsive decline, the price broke through Fib 0.786 against the last wave of growth and is trying to consolidate at this level. Since we returned to our previous template, in previous posts predicted a deeper decline with the possibility of a rebound at current levels. Now we can move higher (Stoch RSI is oversold and starts to bounce, a...
On a 1-day scale, the market is too oversold: Stoch RSI has pushed its lower limit and is already starting to rebound, RSI in the oversold area, where it can also unfold. Below meets tight support near the level of Fin 0.786, within the cost of 4800-5000, but to decrease further to these levels without a visible correction of the fall (rebound or flat), the market...
#BTC Also, considering the possibility of fractal movements, we can be on the threshold of the next wave of growth.
#BTC 3d If we consider variants of similar fractals, then looking at the BTC chart starting from 2013, you can see that there is a chance to repeat the move in the yellow rectangle. This scenario was published as early as April 22nd, and by the current moment the market follows this analysis.
#BTC On a close examination, it is possible that the price of Bitcoin remains within the levels of Fib 0.618-0.786. Now we can very long oscillate around the level of 8200 and below, forming a flat (lateral movement). But against this background, the lion's share of the alts should show positive trading opportunities, the quieter the BTC movements, the more...
#ETH Ethereum at current levels looks very good for long-term purchases, but in the short term, before building a new wave of growth, the market can survive lower (we have already seen such behavior of prices among crypto-currency assets). The possibility of plum before the beginning of growth is due to manipulative influences from the major players, no one will...
Current areas and support and resistance levels can be seen on the 4-hour chart. Current areas and support and resistance levels can be seen on the 4-hour chart. The market is still in the frame of correction after the growth from 6000 to 8500. At the moment we are trying to rebound from the level of Fib 0.5, forming area of local support, if this is not done,...
#BTC Yesterday, immediately after breaking through the bottom of the triangle, we were warned about the likelihood of a decline. At the moment the market has returned back (above 8100) and the current level again looks good support, since it does not allow the price to go lower. If, on a 1-day scale, a new candle opens above 8100, the probability of a decline will...
#BTC In the 1-week format, the price tests 50MA, which is a strong resistance. To break through which, probably, the asset does not have enough strength. We can drop to the support level of 8100. In 6-hour format, we can roll back and get correction from the last growth of 61% (Fib 0.618 level), where we will form another impulse to continue the bullish trend. In...
#BTC The market hovered at 8200 resistance, which is still not managed to break. In the short and medium term, the situation looks tense and we can still roll back to supporting the downtrend. But if you look at the 1-month scale chart, we see a very strong green candle, which indicates bullish absorption and is a good sign.
#BTC The market still needs correction of the growth. On a 1-day scale, overheating is noticeable: the Stoch RSI is ready to drop, and RSI concerns the overbought zone. The decline may occur no less than the 7400 area, where we will be met by a tight support of the downtrend line (which in the recent past was a decisive resistance, the breakdown of which...