Is BTC Going under 10k??
Or that's the support to bounce?
Analysis of BTC dated 6 March 2018
Ok, before going to the main issue, we are going to review some of the parts that were together with the brothers in the pt yesterday just a little bit. There are some of him in this call, this swear insulting, the back to the type of ae we just ignore, maybe they are hired to do so
- After the price of two consecutive candles reversed each other (1 pinbar, 1 Doji), then with a large green candle, the big, as if breaking the current constraint is not, then It's just a trick to trick you guys not to read the pt yesterday, but read carefully, there was a chance instead of the pain in the swing, the peak.
- Unconditional, after the price of hesitant with the tug of war over more than 8 hours, the price hit the upper band of BB, the pk saw of the RSI and the ADX's growth along with the image. The cumulative pattern has been the evidence for yesterday's price dump, but I have also said that the rebound will be quite a mystery when it comes to too many obstacles, the thinness of Kumo clouds has been warned. brother. Reading here suggested that you return to the article yesterday to read a little because all the data warned for a dump price was too explicit in the article pt yesterday.
Okay, now the main problem is, do not know if some of the nonsense on you are read or not but that t should read, read to know how elegant European style literature. 😉. The next question is not pt on frame D1 and also say that a week will only pt this frame once.
+ On frame H4:
- Yesterday's price cut immediately went through two hurdles that had previously been considered strong resistance, which proves that the surprise was raised in this situation, making the young investors not just point your hands. But this surprise was so revealing when it revealed deadly loopholes like yesterday's pt.
- Sp was created at 23h on 2/3 and at 15h on 4/3 with sp was created at 7pm on March 1 and at 15h on March 4 was broken mercilessly. The price pierced me even without looking back. At present, there is only a very good resistance area, and also this region is holding the price again, do not let n escape anymore, that is 11055-11247.
- After the pumb price pushed up to 11700 yesterday, it also concludes the model ABCD model that I also mentioned in some previous pt, if anyone read and remember the more basic to not be any Dump with the last.
- At present, the median line is coincident with a fairly hard resistance was created by 23h on March 3 and 23h on March 4 pier pierced and immediately withdraw because of another accident as accident In addition, the strong resistance at 11249 is too close to the trendline, continue to tighten the price, they like to say to the candle that "Down enough, on the dike." But whether or not depends on the hearing of candles.
- Here we have a hypothesis like this. If taking a candle at 19h on 2/3 point A, 23h on March 3 as point B and 15h on March 4 as point C, then use SPF to see a very interesting thing is happening when the price touches The second warnning line was immediately turned on
- Ok, now we will mention a familiar face that is RSI. It is strange that he is crawling not suddenly because yesterday's fool does not allow RSI to be allowed to slow down even more. What is worth mentioning here is that the price has inadvertently created a new bottom divergence zone, as the warning that there will be a return of the price, along with the analysis described above has occurred just this. is a matter of time only.
- If you look at the RSI too hard because the trading range is not high then you can immediately open through Stoch that look offline. The bottom pk with the SP is broken may be back up again will happen tomorrow.
- Do you look at the MACD by chance, the mood is like t, is also tired right? Bored is not because of long or long bars, but boring here because there is nothing to say. Sr ae: 3
- ADX is also beginning to show signs of aggressive reduction and two DI lines after a long time also have signs of closer together than the signal to prepare a new flourishing?
- The seemingly random coincidence is being generated when Kijun coincides with many important obstacles. Price still can not penetrate Kijun, worry what: 3. Also Span A and Span B have created a large Kumo, no position swap in this time so people are completely secure offline. Remember that you are reading pt in 4h frame.
Today about 4h frame is long, brothers read hard to read, then praise, do not cheat. There is nothing to compliment, out, do not cheat and then be deleted ct 🙂
+ On the H1 frame:
- Actually, when you look at this frame, the first thing ae say is "*** what's going on like this"? Even though we have been warned before, we can not help but be surprised by the fact that there are 8 candles in red.
