BTCUSD potential for a drop! | 15th Mar 2022With price moving below the ichimoku cloud , we have a bearish bias that price will drop to our 1sr support at 34396 in line with the swing low support and the 161.8% Fibonacci extension from our pivot of 39507 in line with the 38.2% Fibonacci retracement . Alternatively, price may break pivot structure and head for 1st resistance at 42960 in line with the swing high resistance and 100% Fibonacci projection .
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BTC-USD
BTCUSD potential for a drop! | 15th Mar 2022With price moving below the ichimoku cloud, we have a bearish bias that price will drop to our 1sr support at 34396 in line with the swing low support and the 161.8% Fibonacci extension from our pivot of 39507 in line with the 38.2% Fibonacci retracement. Alternatively, price may break pivot structure and head for 1st resistance at 42960 in line with the swing high resistance and 100% Fibonacci projection.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC/USD - weekly Analytics + Altcoins 14.03.2022Bitcoin continues to stay in a local consolidation, we believe that there are chances for growth in quotes, but for this purpose it is necessary for the price to move to the key resistance in the area of 45.500. If this level is reached, the probability of a small local pullback will grow and chances for further rise will also grow and this will give an entry point for buying with a controlled risk level. The investor sentiment is at pessimistic levels for quite a long time period, this also increases the chances for growth. Further it is necessary to monitor the situation in the development.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow by times.
Bitcoin is ready for a strong dump ????Hello dear friends
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Bitcoin is ready for a strong dump ????
Well, friends, to answer this question, let's go and take a look at our previous analysis.
And now if the bears can continue their efforts a little longer and break the neckline in the daily time. A strong dump and a strong downtrend will probably be waiting for Bitcoin and Market. It is still a little early to make this analysis operational with high probability, and I recommend that we wait at least one exercise until the closing of the daily candle as well as the weekly candle at the end of today.
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BTC/USD - weekly Analytics + Altcoins 09.03.2022The key resistance level in bitcoin is 44500, in case of approach to these marks, the probability of local pullback will increase. If after that buyers start to intercept the initiative and do not allow the price to fall deeply, which leads to consolidation of quotations, chances to ascend will increase many times. We still believe that the cryptocurrency market and bitcoin in particular has every chance to recover, as quotes globally are in the final stages of a correction that began back in April 2021.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects that can grow many times over.
BTCUSD potential for dip | 9th March Price is near sell entry level of 45197.10 in line with 50% Fibonacci retracement. Price can potentially dip to the take profit level of 37332.52 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is supported by the stochastic indicator as it is near resistance level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD potential for bounce | 8th MarchPrice is near buy entry price of 36231.8 in line with 78.6% Fibonacci retracement and 78.6% Fibonacci projection. Price can potentially go to the take profit level of 39951.77 in line with 23.6% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator as it is at support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (38504.76).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 39690.61
TP2= @ 40397.44
TP3= @ 41849.63
TP4= @ 43046.71
TP5= @ 44943.38
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (38504.76).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 39690.61
TP2= @ 40397.44
TP3= @ 41849.63
TP4= @ 43046.71
TP5= @ 44943.38
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Bitcoin is thinking of falling more ??Hello dear friends
Bitcoin is thinking of falling more ??
Well, friends, what I see in the Bitcoin short-term chart does not show this.
The price on the one-hour chart is fluctuating in a short-term uptrend. The bottom of this channel is on a valid static support in the range of 41 k. The RSI is out of the sell-off and is trying to break its downtrend line.
Market Summary Now:
As long as the range of this channel is maintained in a short time, my view in this time is upward.
But we must not forget that the trend in daily time is still declining, which means that the uptrend is very fragile and may break the channel floor without introduction, and we will see a decrease in price along the larger trend. Take action.
A larger downtrend can be considered over if the price can stabilize above 46k daily.
I hope you enjoy this analysis and find it useful.
******Appropriate entry points for supports and resistances according to the chart*******
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BTCUSD H4 Potential Bounce | 3rd March 2022On the H4 chart, price is near our buy entry of 42680 in line with horizontal overlap support and 23.6% Fibonacci retracement. Price can potentially rise to our take profit level at 45417 in line with the horizontal swing high resistance. Alternatively, price may head to our stop loss at 41620 in line with he 50% Fibonacci retracement level. Our bullsh bias is supported by how price is moving above the ichimoku cloud.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC/USD - weekly Analytics + Altcoins 01.03.2022From 24.01.2022 to 10.02.2022 an upward impulse movement was formed, increasing chances for the tendency change towards the growth of quotations. With a high probability the correction to this impulse was completed on 24.12.2022, this is proved by breakdown of the key level 42680. Together with the pessimism of investors and the technical picture we expect the medium-term growth of quotations. The cancellation of the scenario will be the fall below 34150.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow several times.
BTCUSD Potential bearish drop | 28th Feb 2022On the H4, with price currently moving below the ichimoku cloud , we have a bias that price will drop to take profit at 34612 in line with the 100% Fibonacci projection and horizontal swing low support from our entry at 40060 in line with the 50% Fibonacci retracement and horizontal swing high resistance. Alternatively, price may break our entry structure and head for our stop loss at 41408 in line with the 61.8% Fibonacci retracement .
4 hours ago
Comment: Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential bearish drop | 28th Feb 2022On the H4, with price currently moving below the ichimoku cloud, we have a bias that price will drop to take profit at 34612 in line with the 100% Fibonacci projection and horizontal swing low support from our entry at 40060 in line with the 50% Fibonacci retracement and horizontal swing high resistance. Alternatively, price may break our entry structure and head for our stop loss at 41408 in line with the 61.8% Fibonacci retracement.
BTC | Longterm IdeaLike in the last post we have here some fractals that might repeat themselves I think there still room to the upside than to the downside buying here for the end of the cycle is a good idea in my opinion. That is also what I am going to do, if we fall lower I will buy more. I really do believe in the technology of crypto. Let me know what you think and shill me your ideas.
Bitcoin, free fall to 37 k?Hello dear friends
Bitcoin, free fall to 37 k?
According to my analysis, this is a strong possibility.
If that happens, Bitcoin may test lower targets, but there is still no reliable data for what is likely in the distant future.
I hope you enjoy this analysis and find it useful.
******Appropriate entry points for supports and resistances according to the chart*******
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GOLD SHORT POSITIONHello dear friends
I marked everything on the chart, I hope you enjoy
******Appropriate entry poin ts for supports and resistances according to the chart*******
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