BTC-USD
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
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
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.
Symmetrical triangle breakout x BTC Part 10Here we see a breakout of a symmetrical triangle towards the upside awaiting a pending retest of either the 0.618 level(again) or the top trendline of the triangle(more unlikely).
The following targets are at the 0,786 level( 38k) and the max(1.00(43k)) respectively. Long-term: TOTHEMOON
Good luck and follow me for more
BTCUSDT UPDATE!!!!!Hi Traders,
So on the most recent leg up we saw prices find some sensitivity in the markets as prices edged closer to the order block where a rejection occurred and prices pullback with a follow up of a new lower high. Currently we are now seeing prices going back up to form a new lower high at the order block which lies between the the 0.618 and 0.786 FIB levels. We will watch prices as it completes the new lower high within that zone for a potential pullback to the 0.382 fib level where then prices go up to the top order block where R1 pivot lies and the 100MA 4HR can be seen. If this series of events occur then we can expect prices to push back up and look bullish again.
However, if we fail to create new higher highs not he 4HR then we will look for prices to tap into more liquidity at the lower 2 zones for prices to then go back up.
A lot of money has been pulled out of the market and there needs to be a period of time where liquidity/positions are built up for prices to go back to their normal bullish motive. Due to the recent event where we have seen such a huge sell off we will need to keep in mind that we could see a big rise in prices for the institutions to trap LONG traders in the market and give the perceptions that the market has recovered to then push prices to create new lower lows on the higher timeframes.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
BTCUSDT UPDATE!!!Hi Traders,
So on the most recent leg up we saw prices find some sensitivity in the markets as prices edged closer to the order block where a rejection occurred and prices pullback with a follow up of a new lower high. Currently we are now seeing prices going back up to form a new lower high at the order block which lies between the the 0.618 and 0.786 FIB levels. We will watch prices as it completes the new lower high within that zone for a potential pullback to the 0.382 fib level where then prices go up to the top order block where R1 pivot lies and the 100MA 4HR can be seen. If this series of events occur then we can expect prices to push back up and look bullish again.
However, if we fail to create new higher highs not he 4HR then we will look for prices to tap into more liquidity at the lower 2 zones for prices to then go back up.
A lot of money has been pulled out of the market and there needs to be a period of time where liquidity/positions are built up for prices to go back to their normal bullish motive. Due to the recent event where we have seen such a huge sell off we will need to keep in mind that we could see a big rise in prices for the institutions to trap LONG traders in the market and give the perceptions that the market has recovered to then push prices to create new lower lows on the higher timeframes.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
BTC/USD - weekly Analytics + Altcoins 31.05.2021Investor sentiment continues to be at pessimistic levels, which indirectly indicates the possible beginning of the growth of quotations. Now regarding the technical picture of movements, we can highlight two key resistance levels of 36600 and 40000, overcoming these marks will significantly increase the chances of further Bitcoin rise. Overall, the situation looks stable and we see the current graphical movements as players' interest in buying.
Altcoins:
We highlight TRON and HIVE as the most promising coins to develop a steady rising trend.
Complete Market Cycle x BTC Part 9 Possibly the most prolific take on the future of the coin given the current, controversial period of its existence. Here we see a complete market cycle based on the Elliott Wave theory. The layout is limited to primary and intermediate waves only with exception to the emphasis placed on the leading diagonal pattern. The motive VS correctional distinction is also highlighted with 5 intermediate motive waves as well as 3 intermediate correctional waves. The price right now resides in a symmetrical triangle biased to a reversal with a possible false breakout - nothing further than 28k. Thus I strongly believe the 3rd wave of the primary cycle shall follow, taking Bitcoin to new highs and to the moon !
BTCUSDT UPDATE!!!!Hi Traders,
Currently prices are testing support and resistance levels and creating higher highs and higher lows. Price came down to tap into more liquidity at the bottom zone and has rejected as support followed by a push higher in prices. We're currently within a confluence zone, if we can get a break into the top zone with a close above the middle zone followed by a confirmation candle which presents itself as a rejection candle with wick to the downside it will give us the indication that prices will push higher. If we do not see this occur then prices will look for further liquidity further down.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️