JinFlark

BTCUSD, (investment idea), on the daily chart uncertain growth.

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BITFINEX:BTCUSD   Bitcoin
So, the long-term bitcoin situation looks like this:

1) an extensive zone of uncertain (the distribution and accumulation gradient is approximately the same) of purchases below 14323.
2) zone of possible correction for the accumulation or reversal of the trend below 15645.
3) zone in which we will trade in the case of an unlikely downward trend below 13900.

Proceeding from the current situation for a long time we buy now or from the correction zone (blue triangle). Zones and boundaries of the growth corridor are indicated by dashed lines.

The purpose of purchases is about 20,000 for bitcoins in the coming weeks. Nevertheless, it is very important to track the price increase in the correction triangle if it goes down in it.

Level analysis is performed using the x-lines indicator, you can find it in my list of authoring scripts.

I will update the situation as necessary.

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