BTC/JPY - weekly Analytics + Altcoins 28.06.2021Bitcoin continues to stay in 3.688.212 - 4.347.782 trading range, its overcoming will be key for future movements of the instrument. Since investor sentiment is on the peaks of pessimism, we expect the overcoming of the level of 4.347.782 and fixation above it. In this case, we can count on long-term growth.
Altcoins:
Growth in quotations above the 0.082 level on TRX (TRON) will significantly increase the chances of further upside.
BTCJPY trade ideas
BTC/JPY - weekly Analytics + Altcoins 28.06.2021Bitcoin continues to stay in 3.688.212 - 4.347.782 trading range, its overcoming will be key for future movements of the instrument. Since investor sentiment is on the peaks of pessimism, we expect the overcoming of the level of 4.347.782 and fixation above it. In this case, we can count on long-term growth.
Altcoins:
Growth in quotations above the 0.082 level on TRX (TRON) will significantly increase the chances of further upside.
BTC/JPY - weekly Analytics + Altcoins 21.06.2021Bitcoin continues to stand in consolidation with support level 3.688.200 and resistance level 4.347.782. 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/JPY - weekly Analytics + Altcoins 21.06.2021Bitcoin continues to stand in consolidation with support level 3.688.200 and resistance level 4.347.782. 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/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/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.
Bitcoin 3,400,000 Yen. New view on Bitcoin.
Bitcoin key level to watch - 3,400,000 Yen.
If Bitcoin can close below this trendline, I believe we will finally have Capitulation. (Below $30k USD)
“Capitulation" refers to the point in a market downturn when investors give up on recapturing lost gains and sell rather than hold a given asset.
BTC/JPY - 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.
BTC/JPY - 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.
BTC/JPY - 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 3970000 and 4340000, 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.
BTC/JPY - 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 3970000 and 4340000, 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.
BTC/JPY - weekly Analytics + Altcoins 17.05.2021Investors' mood is still on pessimistic levels. Taking into account the current volatility we conclude that the formation of 14.04.2021, which lasts until now is a correction one. We can assume that it is a zig-zag and there is a high probability of development of a rising trend from the current levels.
Altcoins:
We highlight TRON and HIVE as the most promising coins for the development of a sustainable rising trend.
BTC/JPY - weekly Analytics + Altcoins 17.05.2021Investors' mood is still on pessimistic levels. Taking into account the current volatility we conclude that the formation of 14.04.2021, which lasts until now is a correction one. We can assume that it is a zig-zag and there is a high probability of development of a rising trend from the current levels.
Altcoins:
We highlight TRON and HIVE as the most promising coins for the development of a sustainable rising trend.
BTC/JPY - weekly Analytics + Altcoins 10.05.2021Bitcoin is consolidating after the impulse movement that started at the beginning of May, which locally can lead to the growth of quotations around 6.600.000 - 6.800.000. Thereafter, it is necessary to monitor the situation in development as a scenario with the false breakdown formation and downward movement development is likely. Parabolic growth has lasted more than a year and the option of the deep price decrease should not be excluded.
Alcoins:
Of altcoins, we single out TRON ( TRX ) as the most promising coin for the development of growing movement.
BTC/JPY - weekly Analytics + Altcoins 10.05.2021Bitcoin is consolidating after the impulse movement that started at the beginning of May, which locally can lead to the growth of quotations around 6.600.000 - 6.800.000. Thereafter, it is necessary to monitor the situation in development as a scenario with the false breakdown formation and downward movement development is likely. Parabolic growth has lasted more than a year and the option of the deep price decrease should not be excluded.
Alcoins:
Of altcoins, we single out TRON (TRX) as the most promising coin for the development of growing movement.
BTC/JPY - weekly Analytics + Altcoins 03.05.2021Movements at the current levels will determine further Bitcoin movements. At the moment, we can distinguish two main price movement scenarios - 1. Increased volatility and the formation of pullbacks with the reverse growth of quotations, which will increase the chances of a deep correction 2. The drawing of the correction and consolidations at the current levels with the further impulse growth that will give the grounds to expect the ascent of the price.
In general, the issue of the beginning of a deep correction remains relevant, so you need to be as careful as possible and minimize your level of risk at every available opportunity.
Altcoins:
TRON( TRX ) formed a false break from 0.116 level, which increases the chances for growth of quotations.
BTC/JPY - weekly Analytics + Altcoins 03.05.2021Movements at the current levels will determine further Bitcoin movements. At the moment, we can distinguish two main price movement scenarios - 1. Increased volatility and the formation of pullbacks with the reverse growth of quotations, which will increase the chances of a deep correction 2. The drawing of the correction and consolidations at the current levels with the further impulse growth that will give the grounds to expect the ascent of the price.
In general, the issue of the beginning of a deep correction remains relevant, so you need to be as careful as possible and minimize your level of risk at every available opportunity.
Altcoins:
TRON( TRX ) formed a false break from 0.116 level, which increases the chances for growth of quotations.
BTC/JPY - weekly Analytics + Altcoins 26.04.2021There is still a risk of deep decline in bitcoin , since the formation from 21.02.2021 - 14.04.2021 may be a reversal (final diagonal triangle). It is possible that the quotes may reach the level of 6130000-6500000 and start falling down from the local maximum. Risk aversion seems the best decision to us in the current situation.
Altcoins:
Awaiting confirmations.
BTC/JPY - weekly Analytics + Altcoins 26.04.2021There is still a risk of deep decline in bitcoin, since the formation from 21.02.2021 - 14.04.2021 may be a reversal (final diagonal triangle). It is possible that the quotes may reach the level of 6130000-6500000 and start falling down from the local maximum. Risk aversion seems the best decision to us in the current situation.
Altcoins:
Awaiting confirmations.
BTC/JPY - weekly Analytics + Altcoins 19.04.2021After the deep decrease from 18.04.2021 the price started its systematic recovery. In order to have further stable ascending the impulse return to the 6690000 area and drawing of correction to it is necessary. Formation of corrections (triangle, zig-zag, side pro-trade, etc.) at the current levels will shift the probability in the direction of quotations decrease. According to our expectations, the correction structure from 21.02.2021 to 18.04.2021 takes the form of a triangle with a classical breakdown in the form of a false-break from the lower diagonal line. We will be observing this pattern further.
Altcoins:
TRON(TRX) and EOS still stand out as the most promising coins for future growth.
BTC/JPY - weekly Analytics + Altcoins 19.04.2021After the deep decrease from 18.04.2021 the price started its systematic recovery. In order to have further stable ascending the impulse return to the 6690000 area and drawing of correction to it is necessary. Formation of corrections (triangle, zig-zag, side pro-trade, etc.) at the current levels will shift the probability in the direction of quotations decrease. According to our expectations, the correction structure from 21.02.2021 to 18.04.2021 takes the form of a triangle with a classical breakdown in the form of a false-break from the lower diagonal line. We will be observing this pattern further.
Altcoins:
TRON(TRX) and EOS still stand out as the most promising coins for future growth.
BTC/JPY - weekly Analytics + Altcoins 12.04.2021Bitcoin is consolidating at the upper limit of correction with diagonal levels that started on March 31, 2021. Impulse growth of quotations from the current marks will confirm the possibility of further ascent within the current trend.
Altcoins:
We can single out TRON ( TRX ) and EOS as the most promising coins for future growth.
BTC/JPY - weekly Analytics + Altcoins 12.04.2021Bitcoin is consolidating at the upper limit of correction with diagonal levels that started on March 31, 2021. Impulse growth of quotations from the current marks will confirm the possibility of further ascent within the current trend.
Altcoins:
We can single out TRON (TRX) and EOS as the most promising coins for future growth.