Today we observe the construction of a triangular convergent model of input impulses (black, red, green). Now is the time to bet on growth, because. the output from such models is accompanied by a multiple elongation. We do not exclude that the model can be broken and the price will move down. To do this, there is Stop Loss, which will limit losses. Strategy for...
Price made a correction in the proposed wave 2 (black). We expect a further increase in the price of bitcoin in wave 3 (black). Strategy for today: 1) purchase on the market with Stop Loss 7970; 2) if the purchase is closed by S / L - out of the market until the situation becomes clear.
"She was not expected, but she came." The Chinese have adjusted the market. Now there are 2 main scenarios in development: - or the price will continue to build the next lengthening in the wave structure; - either the hour of corrective movements has come and only God knows where this will stop. We were knocked out by Stop Loss. Strategy for today: 1) for...
Presumably bitcoin has finished adjusting in shallow wave 4 (black). We are waiting for a further increase in quotations in wave 5 (black). The ultimate goal for our vision is 8750. If the price will accelerate as we approach our goal, we will consider further internal elongation. The main level of Stop Loss is 7920.
The issue of the cost of bitcoin by bidders continues to be decided. The level from which to sell / buy is 7760. 2 option for today: if the price draws a wave (1) (red), after the price roll back to the area of 7700-7800 it is worth to buy with targets at 8750, 9250; if the price breaks through the level of 7625, having formed a wave A (red), you should sell from...
Bitcoin continues to stretch. We expect a small stop in the range of 8000-7700 with further growth to 8700-9000.
Far Eastern partners helped to buy bitcoin. The maximum expected wave B (blue) successfully broke through. Now the question remains: "Where will the impulse in the wave (1) (red) end?" If the price does not exceed 7000, we will look for a sale when the price is returned to the upper bounds of the wedge (blue, black). Otherwise, consider the sales from the level of...
We assume that the formation of the wave (1) (red) ends. Upward movement can continue up to 6900. Recall, for a more confident scenario with an increase in the price of 8000+ it is necessary: to punch 6800, to complete the wedge model in wave (1) (red). After the fulfilled conditions, we will wait for the local correction to the level of 6180, 5980. We plan to buy...
Yesterday, the price stopped at the Fibonacci level of 50% (5400), testing the channel's borders (red) tonight. Suppose that a correction was made in wave 4 (red) (A (orange) in the alternative), and now we are waiting for temporary growth. In view of the upcoming SegWit2x, anything can happen. For us, it is important that the price form a pattern of continued...
"We did not expect him, but he came!". The situation is serious. To sell in short and buy in long is dangerous. So far, we refrain from bidding. We see in all this manipulation from the outside. The price behaves aggressively and breaks level by level. It is better to wait for everything to cease and the price will indicate a minimum.
Yesterday was a day of roller coasters. After unsuccessful purchases in the morning and then having beaten the losses, we were looking for a reversal point, which the price did not want to draw. Today, we adhere to the position that the correction is in the highest wave A (blue), which is not yet completed: 1 internal impulse is not completed to decrease. We...
Wave 4 (blue) continues. "Far Eastern partners" with their deals clarified the position of the price, knocking us out of the market by Stop Loss 7200. The scenario remains problematic for operations. Now the wave B (blue) is forming. It is always confusing and unpredictable. The best strategy today is to wait for the price to rise to the key range of 7550-7650 and...
The end of yesterday was a surprise. For today, the option with the markup was clarified. We expect that the price may drop to the border of the channel and the levels of 6900-6800. We do not exclude a dip to the level of 6200-6100. In the market we will enter after the rebound from the supposed support, on the formed small impulse in the direction of growth. We...
The picture is refined, and an alternative version, which was in my head the last days, is attached to the execution. I guess we are building wave 4 (purple). You can see the changed structure of the upward movement on the graph. The reason for this - yesterday: did not finish the wedge in the proposed wave 1, which turned into a wave a (small, blue); received a...
"Merry" wave 4 (blue) ... Today, like yesterday, I'm looking for a place to shop. It remains a feeling that the "jokes" will continue. Doing everything according to plan and following a risky policy, one can avoid ridicule on the part of bitcoin. Strategy for today: 1) if the price successfully completes the wedge in the supposed first wave 1 (pale blue), I will...
The price did not finish the key levels around 7800-7900. I am updating the markup. I assume that the price grouped yesterday wave 3 (blue), and now we are waiting for another increase in quotations in wave 5 (blue) to the levels indicated earlier. You can buy from current values, because received a channel touch (blue). If the purchase does not succeed, and the...
I assume that the price forms 5 (blue) in 5 (blue) in the current impulse from 15.09, which we can begin to correct in the coming days. Yesterday was a day for reflection on the situation on the bitcoin market, and he led me to the fact that now the price has passed only 1/3 of its potential for the next 1-2 years. Interest to invest money grows every day, and,...
It looks like the price formed a 3 wave (blue) and, presumably, finished the correction in wave 4 (blue). Now you can buy on the market and put a short stop, which I did. If the correction continues, the nearest levels of purchase are indicated by a green line. With a decrease to them, I will again test the market for purchase through limit buy orders.