Let's make the trading simple, this is a very easy analysis for bitcoin for the next months/couple of year.
As you can see in the chart the volume of ther last two big bull run (2018 and beginning 2019) the buy volume is always bigger than the correction volume (short), which is good for longs.
Now the price is making a normal correction of the last...
The future of ES is moving forward to create a good set up go short. Here my reasons;
The price is making a correction from the previous down trend with huge volume. The price has now a lot to resistences to block and the volume does not comming. The price now has like support the following:
Fibo 61,8% of correction (dot orange line).
Good Set UP to go SHORT with Bitcoin ( ONLY TODAY ), Here my reasons:
Long trend with less volume in each inside of the large long trend. After a week bitcoin going long it looks a look set up to make a little correcction. In addition, bitcoing touched a daily resistence.
Good profit could be
Profit 1 --> 11600
Profit 2 --> 11400
IOTA is presenting a good scensario to GO LONG. Here you can find my reasons;
* It is touching (durinng 15 days) the 61,8% of the correction from the previous up trend.
* It has to strong support to cross to confirm LONG. It has to break thoose support to confirm LONG.
Support 1 --> 0.2994
Support 2 --> 0.3178
* The stop should be over...
It looks like BTC is establishing over 10K, looking for historical patters it seems that Bitcoin will be in the range of
- 12,5k With highest previous volume and 61,8% from the drop of 2018
-Around 7,5k to 8k because there are high stop volume in weekly chart and 61,8% of correction of up trend of 2019
If Bitcoin break 7,2k with strong volume, it...
El #BTC está corrigiendo después de toda la gran subida subida desde principios de año, 3100USD 3500USD aprox, personalmente creo que que pueda bajar incluso un poco más, ahora esta haciendo un corrección de otra corrección de la tendencia grande alcista de principios de año. No me extrañaria que bajara un poco más como mínimo hasta los 6800USD aprox (fibonacci...