BTCJPY trend in upcoming month history always repeat itself. if you see trend always it tries to come back to basic trend and it oscillating between top and high. be patient
FXBTCJPY trade ideas
BTC/JPY - 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 3200000, after which we can start looking for an entry point to buy.
2) Impulse building and rebound to the area of 4600000 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.
BTC/JPY - weekly Analytics + Altcoins 19.01.2022The key support level is 4330000, 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.
BTC/JPY - weekly Analytics + Altcoins 10.01.2022 On 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 4820000 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.
BTC/JPY - weekly Analytics + Altcoins 05.01.2022From 07.12.2021 till now bitcoin, in our opinion, continues to be in correction to the momentum from 04.12.2021, the probability of growth of quotations in the medium term is high, the pessimism of investors further confirms this idea. Ascent to the area of 5,650,000 will increase the chances of the formation of a stable long trend.
We single out TRON as the most promising coin for the development of a sustainable rising trend. Also in coin Algorand(ALGO) the probability of growth of quotations is increased.
BTC/JPY - weekly Analytics + Altcoins 27.12.2021Locally, bitcoin has formed a correction on the uptrend, also a false break from the level of 5.750.000 was drawn, which significantly increases the chances for the continuation of growth of quotations, the moderate pessimism of investors further confirms this idea.
We single out TRON as the most promising coin for the development of a stable growing trend. Also in the coin Algorand(ALGO) the probability of growth of quotations is increased.
BTC/JPY - weekly Analytics + Altcoins 20.12.2021Since 07.12.2021 bitcoin continues to be in correction to the main upward movement from 04.12.2021, investor sentiment is at pessimistic levels, these factors increase the chances of quotes ascending. On the whole, in our opinion, the situation looks stable.
We single out TRON as the most promising coin for the development of a steady growing trend. Also the probability of growth of quotations is increased in Algorand(ALGO) coin.
BTC/JPY - weekly Analytics + Altcoins 14.12.2021From December 7, 2021 till now bitcoin quotations continue to be in correction and more likely after its completion we will see the price ascent. The pessimistic moods of players concerning the market are additional confirmation of this idea, because in most cases at market peaks the crowd stands in the opposite direction.
We single out TRON as the most promising coin for the development of a steady growing trend. Also Algorand(ALGO) coin has an increased probability of growth of quotations.
UNIVERSAL BITCOIN MOVEWe are most definitely going to see a bullish move from this pair ahs here is why.
TECHNICALS
- the pair is touching a trendline for the third time on the daily time frame and intraday timeframe along with the support zone
FUNDAMENTALS FO LOOK OUT FOR
TBR (to be released
UNIVERSAL BITCOIN MOVEWe are noting that with bitcoin creating similar moves across the board we are looking to long all available bitcoin pairs our broker lets us trade.
BTC/JPY - weekly Analytics + Altcoins 06.12.2021Investor sentiment has reached a new level of pessimism after a serious drawdown of bitcoin quotes, which indicates a potential low and reversal to growth. At the moment, the first impulse upward movement was formed and correction to this movement is outlined, which increases the chances for medium-term growth from the current levels.
We single out TRON and TFUEL as the most promising coins for the development of a sustainable rising trend. Also the coin Algorand (ALGO) has an increased probability of growth of quotations. (Movements in TFUEL should be monitored for some time to make further trading decisions).
BTC/JPY - weekly Analytics + Altcoins 29.11.2021Investors are still wary of the decline in bitcoin, which can positively affect the development of the current upward trend. Technically, a false break from the level of 6.358.426 was formed and momentum was drawn, which increases the chances of further growth with the goals of overcoming the historical maximum.
We allocate TRON and TFUEL as the most perspective coins for development of a steady growing trend. Also the coin Algorand(ALGO) has an increased probability of growth of quotations.
BTC/JPY - weekly Analytics + Altcoins 23.11.2021From October 21, 2021 till now, in our opinion, a corrective wave to the major rising impulse formed on September 23, 2021 is forming in bitcoin. A false breakthrough (if the price goes above the 6773774 level) will confirm the idea of an ascending movement in the mid-term.
We highlight TRON and TFUEL as the most promising coins for the development of a sustainable rising trend. (at the moment coins are in correctional phase)
BTC/JPY - weekly Analytics + Altcoins 15.11.2021In general, the uptrend in bitcoin continues, in the ideal scenario we would like to see a rollback to the level of 6737777 before the quotes' growth continues, but we should consider that super-optimistic investors' mood only indirectly indicates an impending correction, and the ascent may continue from the current marks.
Altcoins:
We highlight TRON and TFUEL as the most promising coins for the development of a stable growing trend.
BITCION PUMP UPDATE(JPY)Looks like we are moving according to plan, but we are noticing some resistance being respected.
therefore move stop losses in profits accordingly. this applies to all bitcoin pump ideas
well done Lungu FX team!!
BITCOIN PUMP FOR JPY ?!?TECHNICALS
there a a few reasons to by bitcoin this week
1- markets have come to thee resistance turned support.
2- markets are within the 61.8% fib level.
3- markets have made there 3rd touch of the supporting trend line.
however if market does break out of the support zone, wait for market to touch the 4 hour support zone of 6921806.25 then enter a buy position (if market is oversold when touching the h4 support then even more reason to buy.
FUNDAMENTALS TOOK LOOK OUT FOR
SUNDAY, NOVEMBER 14
23:50
JPY Gross Domestic Product Annualized(Q3) PREL
JPY Gross Domestic Product (QoQ)(Q3) PREL
MONDAY, NOVEMBER 15
04:30
JPY Industrial Production (YoY)(Sep)
BTC/JPY - weekly Analytics + Altcoins 08.11.2021Our expectations concerning the local decrease of bitcoin quotations have not come true yet, but the probability of price decrease remains because the investors' mood is still on the ultra-optimistic marks. What exactly will be the amplitude of correction and where will be its minimum, we will see after its completion.
Altcoins:
We single out TRON and TFUEL as the most promising coins for the development of a stable growing trend.
BTC/JPY - weekly Analytics + Altcoins 01.11.2021Bitcoin is in a correction phase from 20.10.2021, confirmed by a false break from the level of 7156627. We expect the continuation of its formation, the potential lows of the rollback will be tracked in the development. Investor sentiment is at optimistic levels, which also confirms our expectations for the continuation of the decline in quotations.
Altcoins:
We highlight TRON and TFUEL as the most promising coins to develop a sustainable rising trend.
BTC/JPY - weekly Analytics + Altcoins 25.10.2021At the moment the price is correcting to the descending impulse from 20.10.2021-24.10.2021, the key level for the potential false breakdown is 7157600, if we see an impulse decrease under this level, the probability of the downtrend continuation will increase, the minimums of correction should be monitored during the movement.
Altcoins:
We select TRON and TFUEL as the most promising coins for the development of a stable growing trend.
On HIVE it is worth to fix profit, at the moment the idea of growth of the coin is not relevant.
#BTC /JPY,potential flip of the last ATH level into support#BTC /JPY
As said on tweets before, $BTC chart against Yen is so smooth sometimes that makes it easier to see the big picture without the USD noise
Retesting almost perfectly & potential flip of the last ATH level into support
Just a little push from here and into new highs!
BTC/JPY - weekly Analytics + Altcoins 18.10.2021At the moment investor sentiment is on the very optimistic levels and the upward impulse from September 21, 2021 is formed, which increases the chances that the quotes will go into a local correction. The targets are not clear yet, they are around 6000000.
Altcoins:
We single out TRON and HIVE as the most promising coins for the development of a stable growing trend.
We also see high growth potential in TFUEL coin
BTC/JPY - weekly Analytics + Altcoins 11.10.2021The key resistance level in bitcoin is 6.760.000. Most likely, we will see a bounce from this level and going into a local correction, which will not change the main upward direction.
Altcoins:
We highlight TRON and HIVE as the most promising coins to develop a sustainable rising trend. (the idea is confirmed by local growth impulses)
We also see high growth potential in TFUEL coin
BTC/JPY - weekly Analytics + Altcoins 04.10.2021Our expectations regarding the formation of a false breakdown are confirmed by the impulse growth. At the moment the price is consolidating before the continuation of the ascent of quotations, investor sentiment is at neutral levels. The key resistance will be at 5.579.000, its overcoming will open the way to the new targets.
Altcoins:
We highlight TRON and HIVE as the most promising coins for the development of a sustainable rising trend. (idea is confirmed by local growth impulses)
We also see high growth potential in TFUEL coin.
