BTC market update

in cryptocurrency •  7 years ago  (edited)

As the rest of the CC market moves in lockstep with bitcoin there's no point of looking at ALTs. The BTC daily volatility implies targets just below 34 weeks WMA (white dotted) where I'd expect BTC to bounce from.

https://www.mql5.com/en/charts/8508731/btcusd-d1-simplefx-ltd

If however, this week closes below $7774, the weekly volatility implies targets as low as $2556.5

https://www.mql5.com/en/charts/8508752/btcusd-w1-simplefx-ltd

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Thanks sincerely for the update buddy. Your efforts are highly appreciated! Enjoy the easter weekend.

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thanks a lot srezz!

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thanks a lot mr.srezz, your analysis helps me with my TA study, I'm following your updates closely for some time now, cheers

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Thank you @srezz . Happy easter.

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Thanks Mr. @Srezz. In the weekly chart, what are the ATH &‌ ATL for the fibo?

what is ATH &‌ ATL?

All time high &‌ low for the period

my analysis is not based on such measures.

  ·  7 years ago (edited)

Go by the link you've provided and see my comment beneath the chart. The answer to your question is right there.
https://www.mql5.com/en/charts/8519021/btcusd-d1-simplefx-ltd

is this a new chart @srezz

yes, with fibo levels of the last major bull run.

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