Hello Traders!
Today we will see how BITCOIN is and what are the important points for this week, we will check it out!
Good staff in the weekly price was to get the MM9 in this last fix and then is recovering, we have a setup 9.2 armed in the weekly, if activated can have a strong rise:
In the diary we finally had the crossing of the averages but the price managed to recover and now must cross again upwards:
Even with all this news coming out about hard fork or soft fork, we should not go crazy about the news and get out selling, ideally wait for the chart to say what to do, then what to do and when to do? - Good news in the daily we see a very strong upward trend, the idea is to sell only when this trend is lost, in this case would be if you lost the $ 2,000, that is, if we have a daily closing of candle below that region, before that does not have the Why be alarmed, check out the graphics:
If we break the last TOPO for $ 3,000 then we will have a new fund that would be about $ 2,400, in which case we would move our stop to that region, so if it is lost, then we sell:
In H4 we had a high PIVO, so the price shows strength for buying trend and now should return to high:
Warning: The information contained in this document is not guaranteed, it is not intended to be comprehensive and is strictly for informational purposes only. It should not be considered as an investment / negotiation recommendation. All information is believed to come from reliable sources.
Upvoted ! thanks for the analysis - Do you think Bitcoin could get to $5000 by the end of the year ?
Thank you, I believe it reaches $ 4000 and stabilizes at $ 3500