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Forecast and levels for Bitcoin/USD - page 2

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Sergey Golubev
Moderator
94683
Sergey Golubev  
Ross Kennedy:
Whats your take on where we are now ,,,,#supportsegwit  or Rogercoin ..Where do you sit ??? 


The first post of this thread (which you quoted) is from December last year for example.

So, as we see the situation for now - weekly price is located above Ichimoku cloud for the primary bullish market condition: price is testing 1,268 resistance level to above for the bullish trend to be resumed.


Ichimoku - Trading blogs and financial markets analysis
Ichimoku - Trading blogs and financial markets analysis
  • www.mql5.com
The Ichimoku Kinko Hyo or equilibrium chart isolates higher probability trades in the forex market. Ichimoku is a technical or chart indicator which is also a trend trading system in and of itself....
Sergey Golubev
Moderator
94683
Sergey Golubev  

And this is the situation from the end of the last year till now:


Sergey Golubev
Moderator
94683
Sergey Golubev  

If we look at intra-day price (H4 timeframe) so it was breakdown: the price broker Ichimoku cloud to below to be reversed to the primary bearish market condition with 1.107 support level to be testing for the inra-day bearish trend to be continuing.


Ichimoku - Trading blogs and financial markets analysis
Ichimoku - Trading blogs and financial markets analysis
  • www.mql5.com
The Ichimoku Kinko Hyo or equilibrium chart isolates higher probability trades in the forex market. Ichimoku is a technical or chart indicator which is also a trend trading system in and of itself....
Sergey Golubev
Moderator
94683
Sergey Golubev  

But the price is still on bullish trend on daily chart (ranging but bullish).


So, the situation on the daily price may be the following in the near future (for the next week for example):

  • bullish ranging within the levels;
  • correction to be started;
  • bullish trend to be resumed of the price breaks 1,268 resistance to above.

By the way, daily bearish reversal level is 912, and if the price breaks this level to below on daily close bar so the reversal of the daily price movement to the primary bearish market codition will be started (which is very unlikely in the near future for example).

Ertac Hassan
649
Ertac Hassan  
Bitcoin losing value fast
Sergey Golubev
Moderator
94683
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Bitcoin Price Prediction 2017

chrishaiden66, 2017.03.27 17:04

I think it will stay around $500. Since, unlike before the supply is stagnant now, and demand increasing slowly. It's value will increase exponentially once people start using it like normal currency and stop comparing it with fiat currency.

bitcoin price prediction 2017

Although it is not widely accepted, and don't expect it grow very fast since we still do not have proper infrastructure to support it. Bitcoin is definitely the currency of the future but, people do not like change and way too volatile for the present.

After years of volatility, the Bitcoin price forecast is finally on an upward trek through 2017 and beyond. In just five years, the Bitcoin price (BTC price) rose from a few cents to over $1,000, which should give you some sense as to how much money early investors made. But don’t worry, our Bitcoin price prediction 2017 shows that there is still more room to the upside.


Sergey Golubev
Moderator
94683
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2017.04.06 17:05

Intra-Day Fundamentals - EUR/USD, Dollar Index and Bitcoin/USD: U.S. Jobless Claims

2017-04-06 13:30 GMT | [USD - Unemployment Claims]

  • past data is 259K
  • forecast data is 251K
  • actual data is 234K according to the latest press release

if actual < forecast (or previous one) = good for currency (for USD in our case)

[USD - Unemployment Claims] = The number of individuals who filed for unemployment insurance for the first time during the past week.

==========

From rttnews article:

  • "With the monthly jobs report looming, the Labor Department released a report on Thursday showing a much bigger than expected drop in first-time claims for U.S. unemployment benefits in the week ended April 1st."
  • "The report said initial jobless claims fell to 234,000, a decrease of 25,000 from the previous week's revised level of 259,000."

==========

EUR/USD M5: 10 pips range price movement by U.S. Jobless Claims news events


==========

Dollar Index M5: range price movement by U.S. Jobless Claims news events


==========

BTC/USD M5: ange price movement by U.S. Jobless Claims news events



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