💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (34599.00).
. 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 58.
Take Profits:
TP1= @ 36949.10
TP2= @ 38118.06
TP3= @ 39359.81
TP4= @ 41020.72
TP5= @ 43588.34
SL= Break below S2
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BTC-USD
BTC/USD - weekly Analytics + Altcoins 24.01.2022At the current stage, the best position is to be out of position. At the moment we can distinguish two main scenarios for further movements in bitcoin:
1. The continuation of the decrease in quotations and the breakdown of the local minimum around $30,000, after which we can start looking for an entry point to buy.
2) Impulse building and rebound to the area of $40,000 and only after the correction selecting an entry point to buy.
In general we think that the correction started as far back as April 2021 and it is close to its end, the only question is to determine the successful entry point.
BTCUSDT at support and not good to sellBTCUSDT
1D TF
Currently, BTC testing monthly ma20 around 35217
Big price rejection on 22Jan @34008-34475. Likely to test this support again.
Downtrend but I would not advise to sell at support. Possible a buy signal will appear in the next few days.
Awaiting a confirmation trend in these few days. Downward momentum getting weaker.
Message me in trading view chat for updates.
BITCOIN might reverse soon!Demark Breakout Projection sends Price to right below Yearly S3 and coincides with Point of Release from 2021 (unfilled thin run / price imbalance that is being filled).
S3 is the area where I would expect a reversal or major reaction at least.
For educational purposes only.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (42470.00).
. 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 61.
Take Profits:
TP1= @ 43809.61
TP2= @ 45555.23
TP3= @ 48384.35
TP4= @ 50656.86
TP5= @ 52608.89
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 (42470.00).
. 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 63.
Take Profits:
TP1= @ 43809.61
TP2= @ 45555.23
TP3= @ 48384.35
TP4= @ 50656.86
TP5= @ 52608.89
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 ❤️
BTC/USD - weekly Analytics + Altcoins 19.01.2022The key support level is $40,000, until this level is broken through, we consider the current pullback as a correction to the rising momentum from 10.01.2021, but in case of breakdown of these marks, it will be necessary to monitor the situation. Investor sentiment is pessimistic and this increases the probability of quotes rise.
We allocate TRON as the most perspective coin for a steady growing trend. Also in the coin Algorand(ALGO) probability of growth of quotations is increased.
This triangle can change the btc process ???Hello dear friends
This triangle can change the btc process ???
The market reacted to the support of 40k as we predicted in the previous analysis, and I think given the current situation, if the price goes out of the triangle with a strong candlestick, the cows can push the price to the areas above 46k, and this The medium-term downtrend will be severely weakened.
If the triangle is broken from the bottom, the downtrend will attack the fast support of the credible support, and if it succeeds, we will see a strong dump.
Personally, I know the probability of breaking the triangle from above is higher.
This analysis is not a buy or sell signal at all, and it is better to refrain from making big trades until we receive a strong signal.
******Appropriate entry points for supports and resistances according to the chart*******
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Be generous and rich.
#XVG still bullish #VergeFam $XVG #BTC #CryptoMonthly Cup and Handle on the XVG/USD pair still stands.
Monthly Inverse Head and Shoulders forming on the XVG/BTC pair still stands.
Bullishhhhhhhhhhhhhhhhhhhhhhhhhhhh
Not Financial Advice
Good luck Traders and Hodlers
Chart linked had it on the Weekly's. Figure I would make monthly ones to better show you the intensity of these bullish patterns.
How long will the gala continue to fall ???Hello dear friends
How long will the gala continue to fall ???
According to the analysis shown in the chart, I think this coin can approach the strong support in two moves, and after a few short and tight waves in the P.R.Z area, we can hope to change the trend from bearish to bullish.
If this happens in the daily time frame, this coin can enter the big three wave and experience a strong upward movement.
******Appropriate entry points for supports and resistances according to the chart*******
If you like this idea, Please Follow me and do not forget that your likes and comments are very important
Thanks dear friends.
Be generous and rich.
BTC/USD - weekly Analytics + Altcoins 10.01.2022On January 8, the peak of investor pessimism was updated, which indicates a high probability of the end of the current correctional pullback. Technically, a false break of 41.600 was drawn, which also increases the chances of forming a rising trend.
We single out TRON as the most promising coin for the development of a steady growing trend. Also in coin Algorand(ALGO) the probability of growth of quotations is increased.