The price is approaching the resistance, if there is further increase, the resistance is at 9k4-9k5 r, so it is not recommended to exchange this segment because the discounted price plan has been maintained.
Not sure if Im going to agree, usually you can have a hint on price approach based also on cme gap. As long it is not yet been filled anything could sway. I almost thought were going to pass that level but watching the chart there is a strong tendendency that we can go down until 8.8k level. Last night it breaks out so possibly it can happen again. Also there are too many wall order on 9.5k until 10k its impossible to penetrate that even with huge buy orders. Bitfinex has 20k btc long position while 6.9k short position, so its a major test in my opinion. 
Topic: Update BTC and altcoin 23/5 (Read 128 times)
The price is approaching the resistance, if there is further increase, the resistance is at 9k4-9k5 r, so it is not recommended to exchange this segment because the discounted price plan has been maintained.
Not sure if Im going to agree, usually you can have a hint on price approach based also on cme gap. As long it is not yet been filled anything could sway. I almost thought were going to pass that level but watching the chart there is a strong tendendency that we can go down until 8.8k level. Last night it breaks out so possibly it can happen again. Also there are too many wall order on 9.5k until 10k its impossible to penetrate that even with huge buy orders. Bitfinex has 20k btc long position while 6.9k short position, so its a major test in my opinion.
Update BTC 23/5:
- The price is approaching the resistance, if there is further increase, the resistance is at 9k4-9k5 r, so it is not recommended to exchange this segment because the discounted price plan has been maintained.
=> We will wait for the price to surpass 9k5 to consider buying. Or buy in the low price areas below. This segment Altcoin is giving a larger profit rate
- Dear brothers, I call Long Altcoin, Short BTC in this time
It's my chart: http://prnt.sc/smbcoe
You can consult it and send PM to me.
- The price is approaching the resistance, if there is further increase, the resistance is at 9k4-9k5 r, so it is not recommended to exchange this segment because the discounted price plan has been maintained.
=> We will wait for the price to surpass 9k5 to consider buying. Or buy in the low price areas below. This segment Altcoin is giving a larger profit rate
- Dear brothers, I call Long Altcoin, Short BTC in this time
It's my chart: http://prnt.sc/smbcoe
You can consult it and send PM to me.
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