GTWCA-110 | Is The Correction Of Bitcoin Over?

in cryptocurrency •  5 years ago 


And again. Dear friends,

I am Gandalf The White and this is my opinion concerning the current cryptocurrency market situation – obviously btc and ada.

BTC

Bitcoin pretty much stayed the same - very bullish; passed the resistance zone, but soon will face another one, and probably will not be able to win this fight too, although btc definitely could.
Btc buy options: 1. +150%; 2. -5%; 3. +10%; 4. +40%. Hold. 70/100%.
1btc=10,000$ - increased by 500 since my last #gtwca. The candles are above the Ichimoku Cloud. The graph is above the 0.618 Fibonacci mark.
Tradingview chart - XBT/USD, daily, Kraken - one month ago:
GTW.PNG
Click on any image for a bigger version of it
Three weeks ago:
GTW.PNG
Two weeks ago:
GTW.PNG
Last week:
GTW.PNG
Today:
GTW.PNG
Explanation:
Price scale at the right (orange number shows current price), time scale at the bottom (trading volume right on top of it), seven new candles, Ichimoku Cloud (red/green shaded area) with its lines (turquoise, blue and orange), black horizontal Fibonacci lines (top down: 0.382, 0.618 and 0.786), four green support lines and lastly the red dashed resistance line (actually kind of a support).
Volume decreases and the cloud finally turned green again.

ADA

As last time - Cardano looks bullish but could drop a little, and its cloud grew again.
Ada buy options: 1. +25%; 2. -15%; 3. -5%; 4. +40%. 80/100%.
1ada=0.06$ - increased a tiny bit. Above cloud. Above 618.

My dearest friends, finally some good news - highly probable. Our coins certainly can climb higher, but how much higher - soon we will know, my dear friends.
Of course, as always, huge thanks to my supportive, polite and loyal friends on Steemit: @solominer, @culgin, @steem-oracle and @techken. You may start following these Steemians.
And also thanks to all other irregular supporters. I honestly appreciate your support, my friends.
You have #gtwca related questions? Please ask.
Stick to your trading plan, my dear friends! (;

Yours truly,
Gandalf The White

PS: Sorry for my bad Akan.

And I am not a qualified financial advisor or anything like that - everything here is just for educational/informational purpose; only my own opinion. Do research!

#gtw #gtwca #gandalfthewhite
#cryptos #altcoins #cryptomarket
#trading #investing #hodl
#ada #cardano

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