BTC/USD - weekly Analytics + Altcoins 21.06.2021Bitcoin continues to stand in consolidation with support level 33.500 and resistance level 40 .000. The growth to the key resistance level will increase the chances of further strengthening, while trading under the support levels will shift the probability towards the fall of quotations. We will monitor the situation further.
Altcoins:
TRON and HIVE stand out as the most promising coins for the development of a sustainable rising trend.
BTC-USD
BTC/USD - weekly Analytics + Altcoins 21.06.2021Bitcoin continues to stand in consolidation with support level 33.500 and resistance level 40.000. The growth to the key resistance level will increase the chances of further strengthening, while trading under the support levels will shift the probability towards the fall of quotations. We will monitor the situation further.
Altcoins:
TRON and HIVE stand out as the most promising coins for the development of a sustainable rising trend.
BTCUSDT UPDARTE!!!Hi Traders,
We have another $BTC update here! So on the right hand side you can see that a higher low has been formed with increased volume, so a lot of liquidity has been taken from that order block. We will continue to watch price action for confirmation of the bull taken over.
On the left hand side we take a look at the smaller timeframe for signs of bullish momentum. Currently price is testing the FIB Levels within the grey area.
Thanks
MS
(NFA/DYOR) BTCUSD: 50/200 day SMA death cross doesn't worry meThis cycle has shown us something not seen in previous cycles; we've had two major mid-cycle crosses of the 50 day SMA below the 200 day SMA already. It doesn't necessarily mean that it's meaningless or worth completely ignoring, but what it does tell me is that there's a good chance this is not the end of the bull market and that the 50/200 day SMA death cross probably isn't the death sentence some may make it out to be. Considering the rapid pace at which we jumped from 20k to 60k, a mid-cycle correction after that hasty runup to consolidate a bit before heading up again doesn't sound out of the question to me.
BTCUSD - 1H - SCALPING/DIVERGENCE - LONG/SHORT
Analysis:
As per the attached Previous analysis below, Price hit our TP, after that BTCUSD has been in retracement mode.
Here we can expect the price to move upside for a while because 1H divergence has been developed.
Then it can start moving in a downward direction.
Happy trading.!
Best Regards,
The MorningStar Forex
BTCUSD - Mutiple EMA TendenceLet's go from exponential moving averages.
If the EMA 144 crosses and stays above the EMA 72 we could have another price drop. Just below we have the EMA 305 which can hold the price above this region. If the price exceeds the EMA 305 we will have a 4th test in the region of the 29k - 33k region but with the possibility of testing the EMA 610 region
RSI is back below 50 showing strong resistance for price to stay above 40k.
Let's wait for the scenes of the next chapters
It is not trading advice.
Make your own analysis and decision.
BTC - Distribution/Accumulation Phase TF: Day
I don't think price is done with the distribution/accumulation phase. I think price may push up to the high 30k to low 40k area to grab some liquidity before pushing down to the 28k-30k area and possibly breaching this area for stops.
Something key to keep an eye on is that BTC futures traders are pricing contracts that are a few months out at the same price as the current spot price, this is fairly bearish sign that large traders/institutions may be losing short to mid-term interest in BTC.
It isn't long or short because you want it to be, it is because price action and fundamentals tell you it is.
BTC/JPY - weekly Analytics + Altcoins 14.06.2021A false breakout was drawn from the level of 3695000 and impulse movement was formed, which indicates the continuation of the long trend. Investors' sentiment about market prospects remains negative, which is an additional signal of future growth of quotations. Overall, the situation looks positive for bitcoin , we expect systematic renewal of local peaks with the targets of overcoming the historical maximum price.
Altcoins:
We highlight TRON, HIVE and Kusama as the most promising coins to develop a steady growing trend.
BTC/USD - weekly Analytics + Altcoins 14.06.2021A false breakout was drawn from the level of 35800 and impulse movement was formed, which indicates the continuation of the long trend. Investors' sentiment about market prospects remains negative, which is an additional signal of future growth of quotations. Overall, the situation looks positive for bitcoin , we expect systematic renewal of local peaks with the targets of overcoming the historical maximum price.
Altcoins:
We highlight TRON, HIVE and Kusama as the most promising coins to develop a steady growing trend.
BTC/USD - weekly Analytics + Altcoins 14.06.2021A false breakout was drawn from the level of 35800 and impulse movement was formed, which indicates the continuation of the long trend. Investors' sentiment about market prospects remains negative, which is an additional signal of future growth of quotations. Overall, the situation looks positive for bitcoin, we expect systematic renewal of local peaks with the targets of overcoming the historical maximum price.
Altcoins:
We highlight TRON, HIVE and Kusama as the most promising coins to develop a steady growing trend.
BTC/JPY - weekly Analytics + Altcoins 14.06.2021
A false breakout was drawn from the level of 3695000 and impulse movement was formed, which indicates the continuation of the long trend. Investors' sentiment about market prospects remains negative, which is an additional signal of future growth of quotations. Overall, the situation looks positive for bitcoin, we expect systematic renewal of local peaks with the targets of overcoming the historical maximum price.
Altcoins:
We highlight TRON, HIVE and Kusama as the most promising coins to develop a steady growing trend.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (34180).
. 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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 37920
TP2= @ 39515
TP3= @ 40780
TP4= @ 41870
TP5= @ 43805
SL= Break below S2
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BTCUSDT UPDATE!!!!!Hi Traders,
So prices are continuing to follow the bearish trend. The next question to ask yourself is where will enough support be found for prices to start rising again?
Currently prices are within a confluence zone and could either potentially rebound from here or breakthrough towards the zones beneath. Keep in mind that we are edging closer to the 0618 FIB too.
We have gone back and looked at past areas where large orders where placed and have depicted these areas through the red zones that you can see on the chart. The second zone has good volume coming into it as seen through the volume bars to the right of the chart. The third zone also has good volume coming into it if the first and second zones fail to hold as support. The last zone is if prices decide to square up the move up however this seems to be unlikely for prices to come down so much.
However, we will watch price action carefully as it develops and goes through these zones of support.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
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short term bullish.. dead cat bounces.just an opinion. i think there will be one more huge pump , (not breaking another ATH) this year and then a massive dump leading into next bull cycle. Hype has died down , people are going back to stonks but too much big money and reputations involved rn to just simply drop this down another 30-50% after just dropping over 50%. please let me know your thoughts ! :)
BTC/USD - weekly Analytics + Altcoins 07.06.2021Consolidation in the form of a triangle in bitcoin comes to its logical conclusion and soon there should be a true breakthrough of the resistance or support, which will set the main tone for future movements. We are expecting a long of scenario development, because the investors' mood is very pessimistic and the technical picture is tilting the scales towards the growth. The confirmation of that idea will be a growth to the level of 38500 and an impulse to continue the ascent.
Altcoins:
TRON and HIVE stand out as the most promising coins for a steady rising trend.