Boomerang Capital (OP)
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Activity: 56
Merit: 0
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April 25, 2018, 09:58:21 PM |
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Bounce coming in at our first zone of support from $8.9-$9.2k
PRICE ACTION LEVELS
Resistances - Price was promptly rejected at the .382 fib level at $9.75k we had outlined, sending price back below the $9.4k level of support, making this our immediate resistance. Above that we will keep our target on breaking above $9.75-10k and the .382 fib level.
Supports - At the moment we are bouncing from $8.9-9.2k zone of support, in confluence with the .5 fib. Below this level we support at $8.6-8.4k that also lines up with the .618 fib level.
Moving Averages - The ever important 200 MA on the daily chart is now lined up with a zone of resistance we have from $9.8-10k. A break above this would be huge for bullish confidence. We also now see the 200 EMA acting as support as prince pinballs between these two indicators.
Ichimoku Cloud - The 4H cloud has provided perfect bounce support off the kijun. We will see if this holds...
Oscillators - The daily RSI remains above the zone we have highlighted in the past confirming bullish movement. More interesting though is the 4H hidden bullish divergence right at support. Price is making higher lows while the RSI is making lower lows.
Conclusion
Price was rejected with force at $9.75k and the .382 fib. After such an incredible run in the past few days, this is not a big deal. We are surprised we did not see a pullback even sooner than today.
On the higher time frame we have needed to post a higher low after making a higher high above $9.2k. Continued upside still remains probable
Twitter: @BoomerCapital
Website: boomerangcapital.org
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"You Asked For Change, We Gave You Coins" -- casascius
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RicardoRicky
Newbie
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Activity: 73
Merit: 0
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April 25, 2018, 10:37:52 PM |
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steady information, this indicates that there is no concern because all will run normally. the spirit continues to monitor updated info for developments.
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ganlianshifu1
Member
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Activity: 392
Merit: 10
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April 25, 2018, 11:23:28 PM |
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Hackers' attacks and loopholes in the ETH wallet have been exposed, preventing the growth of the market!
Hope to survive this crisis smoothly, full confidence in the block chain!
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SupplyBloc
Newbie
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Activity: 56
Merit: 0
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April 26, 2018, 12:37:26 AM |
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Thank you for your added value to the crypto movement!
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maxterizer
Newbie
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Activity: 2
Merit: 0
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April 26, 2018, 12:55:50 AM |
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Hello that as I do to start in Bitcoin
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Andrei Belmega
Newbie
Offline
Activity: 19
Merit: 0
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April 26, 2018, 09:46:31 AM |
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Bounce coming in at our first zone of support from $8.9-$9.2k
PRICE ACTION LEVELS
Resistances - Price was promptly rejected at the .382 fib level at $9.75k we had outlined, sending price back below the $9.4k level of support, making this our immediate resistance. Above that we will keep our target on breaking above $9.75-10k and the .382 fib level.
Supports - At the moment we are bouncing from $8.9-9.2k zone of support, in confluence with the .5 fib. Below this level we support at $8.6-8.4k that also lines up with the .618 fib level.
Moving Averages - The ever important 200 MA on the daily chart is now lined up with a zone of resistance we have from $9.8-10k. A break above this would be huge for bullish confidence. We also now see the 200 EMA acting as support as prince pinballs between these two indicators.
Ichimoku Cloud - The 4H cloud has provided perfect bounce support off the kijun. We will see if this holds...
Oscillators - The daily RSI remains above the zone we have highlighted in the past confirming bullish movement. More interesting though is the 4H hidden bullish divergence right at support. Price is making higher lows while the RSI is making lower lows.
Conclusion
Price was rejected with force at $9.75k and the .382 fib. After such an incredible run in the past few days, this is not a big deal. We are surprised we did not see a pullback even sooner than today.
On the higher time frame we have needed to post a higher low after making a higher high above $9.2k. Continued upside still remains probable
Twitter: @BoomerCapital
Website: boomerangcapital.org
Hello! Indeed, the value of Bitcoin will definitely grow. Many specialists predict a touch of at least 25,000 USD in the next two, three months. We, as traders/investors, have to be patient and very well informed about the daily changes in the market. |
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1993jochico
Member
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Activity: 364
Merit: 46
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April 26, 2018, 09:51:18 AM |
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Nice analization, I think you have the skills on trading and your skill will bring you money in the future for sure.
Way back 2015 Im joining stocks or stock market but eventually when I found bitcoin I left stocks because I can see more potential here to earn.
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TheGodson
Full Member
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Activity: 383
Merit: 161
https://nitrogensports.eu/r/4896627
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April 26, 2018, 09:55:00 AM |
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Nice analization, I think you have the skills on trading and your skill will bring you money in the future for sure.
Way back 2015 Im joining stocks or stock market but eventually when I found bitcoin I left stocks because I can see more potential here to earn.
You used the word analization. I do not think it means what you think it means.  https://www.urbandictionary.com/define.php?term=analization |
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Crypto Piece
Member
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Activity: 166
Merit: 43
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April 26, 2018, 10:12:13 AM |
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Nice analization, I think you have the skills on trading and your skill will bring you money in the future for sure.
Way back 2015 Im joining stocks or stock market but eventually when I found bitcoin I left stocks because I can see more potential here to earn.
You used the word analization. I do not think it means what you think it means. https://www.urbandictionary.com/define.php?term=analizationThis cracked me up big time |
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strongtlt
Newbie
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Activity: 28
Merit: 0
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April 26, 2018, 10:12:58 AM |
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Кaк cooбщaeт aмepикaнcкий бизнec кaнaл CNBC, Билл Бapyx из Blue Lines Futures cчитaeт, чтo кpиптoвaлютный pынoк пpoдoлжит pacти в дoлгocpoчнoй пepcпeктивe, a «мaкcимaльный пoтeнциaл pocтa» для биткoинa (BTC) в ближaйшeм бyдyщeм cocтaвляeт oт 11.500 дo 11.800 дoллapoв CШA.
CNBC oтмeчaeт, чтo Бapyx «чacтo дeлaeт вepныe пpoгнoзы». B фeвpaлe этoгo гoдa, кoгдa цeнa нa BTC yпaлa нижe 7000 дoллapoв, Бapyx пpeдcкaзaл, чтo Биткoин «вoccтaнoвитcя». B нacтoящee вpeмя BTC тopгyeтcя нa ypoвнe 9,280 дoллapoв CШA. Зa пocлeдниe 24 чaca цeнa выpocлa пpимepнo нa 2 пpoцeнтa.
Бapyx дoбaвил, чтo «ceктop пo-пpeжнeмy имeeт oгpoмный пoтeнциaл pocтa в дoлгocpoчнoй пepcпeктивe», a пpopыв вышe 11,800 для BTC oчeнь вoзмoжeн пpи peaлизaции бычьeгo cцeнapия. Oн тaкжe нaпoмнил, чтo бoльшoe кoличecтвo aльткoинoв yдвoили cвoю cтoимocть нaчинaя c фeвpaля.
Haпoмним, чтo цeнa нa биткoин нaчaлa вoccтaнaвливaтьcя пocлe зимнeгo пaдeния пpимepнo двe нeдeли нaзaд, кoгдa BTC peзкo выpoc пoчти нa 1000 дoллapoв CШA. Извecтный aнaлитик Toм Ли пpeдpeкaeт, чтo к кoнцy этoгo гoдa цeнa нa кpиптoвaлютy нoмep oдин дocтигнeт 25.000 дoллapoв CШA.
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