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Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with the certain probability. BTCUSD https://www.tradingview.com/x/vhzAAiD0/ Long position 1 (The price today will not fall below this mark with a probability of 68%) 5106 Long position 2 (The price today will not fall below this mark with a probability of 95%) 4903 Long position 3 (The price today will not fall below this mark with a probability of 99%) 4700 Short position 1 (The price today will not rise above this mark with a probability of 68%) 5188 Short position 2 (The price today will not rise above this mark with a probability of 95%) 5391 Short position 3 (The price today will not rise above this mark with a probability of 99%) 5595 ETHUSD https://www.tradingview.com/x/1DoortP2/ Long position 1 (The price today will not fall below this mark with a probability of 68%) 167.29 Long position 2 (The price today will not fall below this mark with a probability of 95%) 159.74 Long position 3 (The price today will not fall below this mark with a probability of 99%) 152.19 Short position 1 (The price today will not rise above this mark with a probability of 68%) 179.36 Short position 2 (The price today will not rise above this mark with a probability of 95%) 186.91 Short position 3 (The price today will not rise above this mark with a probability of 99%) 194.46 XRPUSD https://www.tradingview.com/x/2UqHn2wt/ Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.3339 Long position 2 (The price today will not fall below this mark with a probability of 95%) 0.3199 Long position 3 (The price today will not fall below this mark with a probability of 99%) 0.3057 Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.3485 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.3626 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.3767 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.



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If my EW count is correct for A wave of correction (consist of 5) then its possible to expect at least sadow of candle reach 47xx area for 1:1 extension of Wave C. (so wave 5 will be again the longest).... This will be very interresting to watch and trade :) (If you trade BTC, I Focus on retracement projected to AltCoins).

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PRICE ACTION BTC bulls attempted to push the price through the $5300 resistance; however, it appears that there was not enough bullish liquidity and the market thinned out. This resulted in a price drop of almost 7% and – importantly – a break of the rising trend line. $5100 should provide some level of support; although it could just as quickly fall apart as FOMO traders look to exit their post breakout long positions with at least some potential upsides. The volume currently being traded shouldn’t inspire either side of the market; though the OBV suggests that the volume is leaving the market at present. 4H RSI is showing a hidden bullish (which should give a relief bounce), although having only just crossed the 50.0 line it could have another leg down before any bounce happens... $5050-$5150 could make a nice short play with $5350 at the SL for about 4% risk. OPEN INTERESTS (BITFINEX) Long: 2.15 Days Short: 1.63 Days RELATIVE STRENGTHS Micro (5m): Oversold Short Term (4h): Hidden Bullish Divergence Mid Term (1D): Weakening Macro (1W): Hidden Bearish ON BALANCE VOLUME Mid Term (1D): Higher Macro (1W): Weakening KEY PRICE AREAS Resistance: 5500, 5817 (52W MA), 6200 Support: 4880, 4454 (28D MA), 4430 (26W MA) PREVIOUS ANALYSIS 2019-04-10 2019-04-09 2019-04-08 2019-04-07 2019-03-18

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An ascending triangle on the 1-hour chart indicated a big move this week looks like the resistance band was too strong and big correction happening right now!

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BITFINEX:BTCUSDundefined