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#Bitcoin - thoughts out loud #19Good evening, we are from Ukraine! Dear colleagues, I am glad to welcome you! Having familiarized myself with the market situation on the younger time frames, I can note several key points of the situation that need to be paid attention to. First of all, the current decline in volatility on the first cryptocurrency indicates that the "spring" is narrowing and should soon shoot. The false distribution phase is coming to an end, so I expect a successful spike test or the last point of resistance, as it happens, if one of the signals is present, this is a 90% long scenario and then we will see how easy it will be to stop this locomotive. Secondly, in the case of a true distribution, the price should break the local highs above 32000 and then we can safely talk about Bitcoin at 27000, possibly even cheaper. This is a short action plan in a few words, thank you for your attention, all the best. A like or a comment would be the best thank you from you. To those reading, I wish you all the best of luck! Thank you for your attention, and a special thanks for your likes and comments. Sometimes you win /sometimes you learn . #Bitcoin
Long
by WVitalievich
#Bitcoin - thoughts out loud #08Good evening, we are from Ukraine! I expect further depreciation of the cryptocurrency market. In this phase of the market, we are interested in a supply test in the range of 30,000-31,000, after which the further development of the situation will be clear. There is weakness on the older time frames, but there are variable factors in the market and it is too early to give an accurate assessment. The end of the trading situation opens up 2 scenarios: 1) Asset depreciation to 17500. 2) The asset's price increase to 3500. Thank you all for your attention, I wish you success. Sometimes you win/sometimes you learn. #Bitcoin BINANCE:BTCUSDT
by WVitalievich
#Ethereum - thoughts out loud #11Good evening, we are from Ukraine! Why was it necessary to place a limit buy order at this particular moment and what were the goals for profit-taking? I'll start with the first one, because we are at the bottom of the trading range after manipulating (on volumes) with a false breakout of the lows and a quick resumption of purchases on the buy bars with an extended spread. That is, the technical reason is more in favor of the longs. The second part of the question. The first target is the local high of 2160. Moreover, if the situation develops positively, the position can be held up to 2200, accompanying the instrument. Thank you all for your attention, I wish you success. Sometimes you win /sometimes you learn .
E
by WVitalievich