Hello to all my crypto 'and a great year!
Very big fall of the market during the night, I told you yesterday, the trend is uncertain and the signals are for sale. It did not miss. Nevertheless, the fall was a little abrupt, we should attend a pull back, as yesterday again. The market is not collapsing, it is a phenomenon all that is more normal.
We will see this together in a moment!
Our analyzes are entirely made on the Binance (https://www.binance.com/?ref=12365690) chart with the Coinigy analysis platform or Kucoin (https://www.kucoin.com/#/?r=834KcM)! To follow us, the best is to go through Binance with us!
BITCOIN ANALYSE
![Capture-d’écran-2018-01-17-à-10.41.30.png]
(
)
The trend is still very much downward on Bitcoin. We joined the oversold zone on the 4h chart, a pull back is expected especially as the RSI marks a nice upward divergence. Nevertheless, nothing is done yet. For now, sellers dominate the market very widely. In my opinion, we will witness an increase in the day and then a new decline at the beginning of the Asian continent. The day is therefore conducive to Day trading, and the signals are reassuring. Hold on, do not panic, we'll see the end soon.
The plan :
The trend is still very uncertain but we expect a pull back. In addition, we were able to recharge at a good price during the decline. We will take advantage of the pull back to sell some of our assets and replace our BL:
Buy limit: 10200 usdt (10%)
Sell Limit: 11200 (50% of yesterday's buy)
Buy limit: 10500 usdt (5%)
ETHEREUM ANALYSE
The trend is still sharply downward on Ethereum. Nevertheless, we are very far from our moving averages, so a return to the upside is expected. In addition, we are in oversold zone, I can not see Ethereum ironing under the major resistance at 750 usdt. The probabilities tend rather to favor a return to the rise. We will therefore Holder, in fact, the signals are still bearish, but the first sign of bullish reversal are noticeable. Do not panic, if you sell, quickly buy back, the market could start up again at any time. Mistrust all the same, we have not yet reached the button of our M, a return to 750 is still possible, it would be an excellent entry point.
The plan :
The trend is uncertain on Ethereum, the signals are down, but the rise could occur at any time, so we will hold and place:
Sell limit: 1100 (30%)
Buy limit: 770 (10%)
To conclude on this analysis:
The trend is uncertain on the market. Nevertheless, we have joined the oversold zone on all our Charts, the probabilities lean in favor of a return to the rise in the coming days. The scenario could be the same as the last two days: A pull back in the day and a new drop at night with the arrival of Asian. Hold, do not panic, it's déjà-vu!
Ethereum:
The trend is uncertain on Ethereum, the signals are down, but the rise could occur at any time, so we will hold and place:
Sell limit: 1100 (30%)
Buy limit: 770 (10%)
Bitcoin:
The trend is still very uncertain but we expect a pull back. In addition, we were able to recharge at a good price during the decline. We will take advantage of the pull back to sell some of our assets and replace our BL:
Buy limit: 10200 usdt (10%)
Sell Limit: 11200 (50% of yesterday's buy)
Buy limit: 10500 usdt (5%)
Disclaimer: This blog is only the showcase of my work. I expose to you all of my personal analyzes, my personal trades and my personal investment decisions. We do not offer any investment advice and they are not trading instructions. Nevertheless, you are free to copy my investments if you judge my work satisfactory.