FXBTCJPY trade ideas
BTC/JPY - weekly Analytics + Altcoins 19.12.2022The key level in bitcoin remains 2355525. Now it is necessary to monitor the movement near this level. The growth above it, further pro-trading and impulses will greatly increase the probability of growth of quotations. At this stage it is premature to talk about growth or a deep fall.
Altcoins:
Tron continued consolidation of quotations in a wider range, an exit beyond the zone of 0.062 will confirm our idea of an uptrend in this coin.
BTC/JPY - weekly Analytics + Altcoins 12.12.2022Bitcoin continues to stand in consolidation. For the development of the upward movement it is necessary to form an impulse growth to the area of 2355525 and higher, thereafter it will be necessary to monitor the local corrective breakdowns to set further movement targets.
Altcoins:
Tron is in a local correctional pullback, after its completion we expect the rise of quotations, the key resistance will be the level of 0.062.
BTC/JPY - weekly Analytics + Altcoins 28.11.2022Potential reversal impulse movement was formed on November 22 - 24, to develop an uptrend it is necessary to overcome the key level of 2347900. Investor sentiment continues to be at pessimistic levels, which confirms the moment of the quotes near the potential lows, the situation will be resolved in the near future.
Altcoins
Among Altcoins, we single out Tron as a promising coin, as a false breakout from the level of 0.0466 and the momentum towards it were formed. At the moment a price consolidation is taking place.
BTC/JPY - weekly Analytics + Altcoins 16.11.2022From November 10 to November 11, an impulsive upward movement formed + before this growth a significant amount of bitcoin was sold. As a rule, it indicates the formation of the bottom in the instrument. To confirm it, the formation of further impulse growth waves is needed.
Altcoins
We single out Tron as the most promising coin for the formation of a long-term uptrend, false breakdowns continue to form in a wide trading range, indicating the presence of interested large buyers.
Bitcoin (BTCJPY) • Satoshi VibesHere's an interesting data point I talked about in my previous videos before the breakout.
Unusual trading activity in FTX Spot for the BTCJPY trading pair.
This is particularly interesting because it happen while trading sideways at a technical support level right under a major S/R flip zone.
As long we keep trading above it very good odds we visit the upper side of the range.
BTC/JPY - weekly Analytics + Altcoins 10.10.2022Bitcoin continues to be in a local consolidation, which does not give an opportunity to understand the prospects for future movements. In this situation, it is necessary to monitor the formation of impulse waves, which will set the main direction of movement. We believe that the minimums may be formed in the near future, now we are waiting for technical confirmation.
Tron
Tron returned behind the key level of 0.062 and is impulsively growing, which significantly increases the chances of forming a long-term rising trend.
BTC/JPY - weekly Analytics + Altcoins 19.09.2022It is too early to talk about the downtrend development until the minimum of 2377000 is broken. Now it is only indirectly possible to say that the growth may continue, one of the factors is the potential minimums in the ethereum correction. In the near future the situation should become clearer.
Tron
The situation in Tron has not changed due to the small rollback, we are keeping an eye on the breakdown of resistance around 0.064
BTC/JPY - weekly Analytics + Altcoins 12.09.2022At the moment a growing momentum is being formed in Bitcoin , which can develop a long-term upward trend. Now it is worth watching for local corrections. Price consolidations will give an understanding of the balance between supply and demand , sideways pro-trading will greatly increase the chances of ascent.
Altcoins:
Tron is close to breakout of key resistance around 0.066, after breaking of this level the growth can significantly accelerate, we single out the coin as especially promising.
BTC/JPY - weekly Analytics + Altcoins 05.09.2022There is still uncertainty about the further movements in Bitcoin. For the continuation of the growing trend it is necessary to form the growing impulse waves and the corrective patterns thereto, by which you can identify the presence of large players interested in a long hold on the asset.
Altcoins
Tron is still in a range of price consolidation, we believe that at this stage there is the accumulation of position by a large player, which may lead to significant growth in the future, confirmation will be the growth in the area of 0.067.
BTC/JPY - weekly Analytics + Altcoins 29.08.2022Movements in bitcoin still look uncertain, it is quite possible that the pullback from the local peak may result in a corrective movement. For this it is necessary to monitor the activity of buyers at the current levels, impulse growth and pro-trading can develop a growing movement and form the continuation of the trend.
Tron
Tron, in our opinion, can form a false-break from the level of 0.062, the confirmation will be the ascending of the quotes to the area of 0.066.
BTC/JPY - weekly Analytics + Altcoins 22.08.2022For now, it is premature to talk about changing the trend to a downtrend. The key factor for future growth will be overcoming the level of 3052545, pro-trading, consolidation and further impulses can continue the upward trend, for now, it is worth watching the situation’s development.
Altcoins
There were no significant changes in Thronw, the instrument continued to consolidate, a break of the level of 0.073 will develop a growing trend.
BTC/JPY - weekly Analytics + Altcoins 15.08.2022Bitcoin continues to be in a key range (see the chart). The main level for consolidation and continuation of the uptrend is 3286900. Pro-trading, price consolidation above it will increase the chances for further growth of quotations. We are continuing to monitor the situation.
Altcoins:
Tron also continued to consolidate, which indicates the levels formed by a major player to gain a position, after the final break of the correction we expect the acceleration of the trend.
BTC/JPY - weekly Analytics + Altcoins 08.08.2022After a local pro-trading the quotes continued impulse growth, which is positive for the formation of long-term growth. Our expectations regarding the purchases, the presence of big players in bitcoin and further rise are confirmed.
Altcoins
Tron broke through the key level of 0.0703, in our view we may soon see acceleration of the uptrend.