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Technical Analysis Bitcoin from IX..

02.11.19 Technical analysis BTC/USD – To see inside the heads..

It has been more than a week since the last article came out. I was out for a week, traveling and so with limited possibilities. However, last week’s prediction follows current development. It is necessary to remember what can happen next, what to expect. We also have a new month, a new CLOSE that could…
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26.10.19 Technical analysis BTC/USD – Hope dies last..

Yesterday, when I spoke in the analysis of the hope that nothing was lost, that the support was not broken as a result and that Hidden Gap could turn it around, I did not expect the reaction that came..!! Unbelievable, this morning reached the price above 10300$. The prediction of the 27th of September 2019…
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25.10.19 Technical analysis BTC/USD – Still not so bad..

It’s not so bad yet. The price consolidates at the level of the closed Hidden Gap pattern, keeping it at the southern end of the support band. Although the creation of the FLAG price formation suggests that the exchange rate will continue downwards, there is some hope that this may not happen at all. And…
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24.10.19 Technical analysis BTC/USD – Closed, but not finished yet..

Yesterday during the day there came a breakdown of the main levels of support. The market completely closed Hidden Gap and broke through the tendency. Now it consolidates in the band of the mentioned pattern and therefore let´s suppose there is a FLAG price formation. This will mean further confirmation of the decline and a…
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23.10.19 Technical analysis BTC/USD – Not and not to break free..

The Bitcoin exchange rate returned below the drop resistance tonight. I’m really scared of the inability to keep the price up. The slightest growth is basically immediately misused for sales. As if nobody wanted to give the price a chance. Well, boredom continues and until the demand is satisfied, it probably will not be different..…
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21.10.19 Technical Analysis BTC/USD – Week sustained..

Finally, the weekly candle unexpectedly held on above the weekly level in the market. The technical support band still resists the pressure of sales, the growth tendency is still undisturbed. On contrary, the market broke-out above trendline resistance and at the moment still bravely keeps above. This overall is a good sign that the bottom…
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18.10.19 Technical analysis BTC/USD – Is today the day to decide?

So right the first six-hour daily candle shows that today will probably be the day that will bring the decision. The exchange rate has not yet hit the tendency, but I think it’s a matter of several hours. Now it is only a matter of whether  the current support withstands this pressure. Below we remind the…
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17.10.19 Technical analysis BTC/USD – Will the support last..??

So, the market follows the medium-term plan and weakens towards the tendency. It did not find the strength to break through the resistance and so the only possible direction was down. The market really does not have many options left and as I wrote in the last article, a strong decision will come. With the…
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15.10.19 Technical analysis BTC/USD – It’s coming..

Another day of side movement passed, although we witnessed interesting candles. But we are slowly reaching the point where the market will be forced to react. According to our prediction, we still expect a decline to support limits. However, this is not a very large room considering the ongoing consolidation. There is a danger of…
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14.10.19 Technical analysis BTC/USD – Nothing happens..

Yesterday evening, before the closing of another weekly candle, someone seems to got the spike. The Bitcoin price dropped unexpectedly. But in the end it was nothing terrible. The week has kept its level so far and has not given the signal for further downturns. By this action it more or less canceled the previous…
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11.10.19 Technical analysis BTC/USD – Failure in resistance? The prediction is valid..

On the hourly chart it already looked like a breakout above trendline, but only six-hour chart revealed to us an hour later that it will not be so easy. The hard rejection to go further UP is very noticeable. As we said yesterday, we are likely to return to the tendency and again we come…
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10.10.19 Technical analysis BTC/USD – Tendency not yet endangered..

At the moment Bitcoin seems to have maintained its yearly growth. Personally, I would be enthusiastic, because sometimes I was undermined with distrust in this level and preparing mentally for its breakdown. However, it is not a victory yet. The currency is still within the originated triangle and we expected this movement according to the…
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