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
Note
LOG CHART Note
MID range is in orangeNote
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. Note
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.
Note
The log chart is looking even better. Transaction en cours
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)Note
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
Note
Transaction en cours
moving stop up to secure, break out of the triangle.Trade fermée: ordre d’arrêt atteint
8381 stop reachedNote
looking for the next entryNote
let see if this hold before .. 
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.