We continue to move on the classics. Bitcoin analytics 31.10
Hello buddies! Lemon Insiders team keeps in touch again and we with new analytics and expectations of Bitcoin movement.
If you have read our past idea, you know we expected a long and showed with an example a good "fractal" that played well and we and our VIP subscribers took a decent profit!
What now?
Everything moves on the classics: Bitcoin continues to move in the large flat range of 6150-6500 and jumps up the stairs, sometimes falling out of the local flat and still being in the global one.
We expect an exit from global flat upwards, but we allow squeeze down.But this is a topic for another idea.
In nearest 1-3 days we are waiting for lateral movement, which logically should go down, but not very far.StochRSI tells us that oversold exists, besides MACD says that bulls are not strong enough either.Analysis of the volume showes that the bulls, of course, showed strength, but immediately lost it on the next candle. The market is bearish.
Probably, the price will rise to a global downward and rebound from it down.If the output will be higher downward, also with the big volume, the situation may turn into bullish, but it is hard to believe in it now.
Thank you for your attention!Trade correctly, wisely and with good profit!
If you have read our past idea, you know we expected a long and showed with an example a good "fractal" that played well and we and our VIP subscribers took a decent profit!
What now?
Everything moves on the classics: Bitcoin continues to move in the large flat range of 6150-6500 and jumps up the stairs, sometimes falling out of the local flat and still being in the global one.
We expect an exit from global flat upwards, but we allow squeeze down.But this is a topic for another idea.
In nearest 1-3 days we are waiting for lateral movement, which logically should go down, but not very far.StochRSI tells us that oversold exists, besides MACD says that bulls are not strong enough either.Analysis of the volume showes that the bulls, of course, showed strength, but immediately lost it on the next candle. The market is bearish.
Probably, the price will rise to a global downward and rebound from it down.If the output will be higher downward, also with the big volume, the situation may turn into bullish, but it is hard to believe in it now.
Thank you for your attention!Trade correctly, wisely and with good profit!
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