long, 9200 target
Weekly analyse: We are in a consolidation zone since the big red candle (bearish engulfing) followed by the markdown at 6000 (down rejected pin bar, and we are in an inside bar: on a monthly chart) wich set the trading range : 7540- 11536. We are in this range since 7 weeks now.
Last week was a reversal candle (bearish outside bar): impulse is bearish, with news, but no fundamental changes still. G20 will certainly be about terrorism and money laundring, not much more i think.
Regulation would bring fresh money.. When i see this, i see bankers that want to be in. There are good news: barkley..goldman Sachs.. that is in poloniex already so they want cheap BTC too, so they set panic by telling everybody that btc will go down).
I think this is it, because we stopped at the bottom of the range. We have supports too.
I will get out if i see a break of 7292.
reuters.com/article/us-g20-communique-draft-cryptocurrency-e/exclusive-g20-financial-heads-to-urge-crypto-asset-monitoring-to-safeguard-financial-stability-idUSKCN1GP2PQhttps://www.reuters.com/article/us-crypto-currencies-google/google-bans-cryptocurrency-advertising-bitcoin-price-slumps-idUSKCN1GQ0GD
reuters.com/article/us-crypto-currencies-barclays/bitcoin-exchange-reaches-deal-with-barclays-for-uk-transactions-idUSKCN1GQ2JD
Weekly analyse: We are in a consolidation zone since the big red candle (bearish engulfing) followed by the markdown at 6000 (down rejected pin bar, and we are in an inside bar: on a monthly chart) wich set the trading range : 7540- 11536. We are in this range since 7 weeks now.
Last week was a reversal candle (bearish outside bar): impulse is bearish, with news, but no fundamental changes still. G20 will certainly be about terrorism and money laundring, not much more i think.
Regulation would bring fresh money.. When i see this, i see bankers that want to be in. There are good news: barkley..goldman Sachs.. that is in poloniex already so they want cheap BTC too, so they set panic by telling everybody that btc will go down).
I think this is it, because we stopped at the bottom of the range. We have supports too.
I will get out if i see a break of 7292.
reuters.com/article/us-g20-communique-draft-cryptocurrency-e/exclusive-g20-financial-heads-to-urge-crypto-asset-monitoring-to-safeguard-financial-stability-idUSKCN1GP2PQhttps://www.reuters.com/article/us-crypto-currencies-google/google-bans-cryptocurrency-advertising-bitcoin-price-slumps-idUSKCN1GQ0GD
reuters.com/article/us-crypto-currencies-barclays/bitcoin-exchange-reaches-deal-with-barclays-for-uk-transactions-idUSKCN1GQ2JD
Nota
LOG CHART Nota
MID range is in orangeNota
Monthly chart shows the risk: The risk shown here is that if we have a weekly break down of our range, we will probably go down to 6547 (november candle), maybe a little under.. This candle go up to the top of the weekly range too. So this is why i am in too. We have EMA's under us too, even if i am not a big EMA fan for trading. Nota
Linear 4 H chart: You could wait the cross of the red resistance.. or a retest, or buy with stop. We have a down rejected pin bar, a bullish candle, and now an inside bar.. this might be a reversal.
Nota
The log chart is looking even better. Dagangan aktif
My linear 4 h chart shows red line, sorry i didn't draw it well.. here is the daily chart (linear). You can see that we are actually back up th green descending line (wich was the red on the 4 h)Nota
1h chart.. i might adapt my target around 8700-9100. But not yet. I am expecting some buying after the G20 too. If it is the case, i will add. Here is the green candle.. and my min expectations
Nota
Dagangan aktif
moving stop up to secure, break out of the triangle.Dagangan ditutup: hentian tercapai
8381 stop reachedNota
looking for the next entryNota
let see if this hold before .. 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.