BTC/JPY - weekly Analytics + Altcoins 05.04.2021Bitcoin is correcting to the impulse from 25.03.2021 - 02.04.2021, the consolidation and further rise of quotations can give development to the existing growing trend.
Impulse drop to the level of 5.400.000 or lower may change the direction of the global trend, then it is necessary to monitor the situation in development.
Altcoins:
We can single out Tron (TRX) coin as the most promising one for further growth.
FXBTCJPY trade ideas
BTC/JPY - weekly Analytics + Altcoins 29.03.2021At the current levels the disposition of the forces of buyers and sellers will form in Bitcoin . In case of formation of correction waves without direction, a deep downward movement is likely to develop. It is necessary to monitor the development of the situation for some time. At this stage, there are only indirect signs of a serious correction, it should be understood that the price is in a unidirectional trend from 13.03.2021 and the higher the quotes are growing, the higher the chances for a decline.
Altcoins:
Due to the likelihood of a deep correction in bitcoin , it is necessary to minimize risk or lock in profits in the existing positions in altcoins.
BTC/JPY - weekly Analytics + Altcoins 29.03.2021At the current levels the disposition of the forces of buyers and sellers will form in Bitcoin. In case of formation of correction waves without direction, a deep downward movement is likely to develop. It is necessary to monitor the development of the situation for some time. At this stage, there are only indirect signs of a serious correction, it should be understood that the price is in a unidirectional trend from 13.03.2021 and the higher the quotes are growing, the higher the chances for a decline.
Altcoins:
Due to the likelihood of a deep correction in bitcoin, it is necessary to minimize risk or lock in profits in the existing positions in altcoins.
BTC/JPY - weekly Analytics + Altcoins 22.03.2021At the moment BTC is in a correction to the impulse that has been formed 28.02.2021-14.03.2021. That indicates a shift of the probability towards further growth of quotations and overcoming of historical highs.
Altcoins:
The idea about HIVE remains relevant, we expect the continued growth of quotations.
BTC/JPY - weekly Analytics + Altcoins 22.03.2021At the moment BTC is in a correction to the impulse that has been formed 28.02.2021-14.03.2021. That indicates a shift of the probability towards further growth of quotations and overcoming of historical highs.
Altcoins:
The idea about HIVE remains relevant, we expect the continued growth of quotations.
BTC/JPY - weekly Analytics + Altcoins 15.03.2021Bitcoin is declining in the form of momentum, it is too early to talk about a global decline, it is necessary to form a correction at the current levels for the continuation of the rising trend.
Investors’ mood continues to be close to extremely positive, thereafter it is necessary to monitor the development of the technical situation.
Altcoins:
As the most promising coins we single out HIVE and MANA.
BTC/JPY - weekly Analytics + Altcoins 15.03.2021Bitcoin is declining in the form of momentum, it is too early to talk about a global decline, it is necessary to form a correction at the current levels for the continuation of the rising trend.
Investors’ mood continues to be close to extremely positive, thereafter it is necessary to monitor the development of the technical situation.
Altcoins:
As the most promising coins we single out HIVE and MANA.
BTC/JPY - weekly Analytics + Altcoins 09.03.2021By impulse movements Bitcoin confirms expectations that in the period *21.02.2021 - 28.02.2021* a correction wave to the main growing trend was being formed, we expect that the trend for strengthening of the rate will continue.
Altcoins:
The idea of HIVE growth remains relevant, at this stage there are no signals about the reversal of the coin, we also expect the continuation of the ascent of MANA coin.
BTC/JPY - weekly Analytics + Altcoins 09.03.2021By impulse movements Bitcoin confirms expectations that in the period *21.02.2021 - 28.02.2021* a correction wave to the main growing trend was being formed, we expect that the trend for strengthening of the rate will continue.
Altcoins:
The idea of HIVE growth remains relevant, at this stage there are no signals about the reversal of the coin, we also expect the continuation of the ascent of MANA coin.
BTC/JPY - weekly Analytics + Altcoins 01.03.2020 At this stage, we consider the price movement as a corrective one. The local momentum and players' pessimistic moods confirm this idea, the growth of quotations may start already from the current rates and further it is necessary to monitor the situation.
Altcoins:
The idea of HIVE growth remains relevant, at this stage there are no signals about the reversal of the coin.
BTC/JPY - weekly Analytics + Altcoins 01.03.2020At this stage, we consider the price movement as a corrective one. The local momentum and players' pessimistic moods confirm this idea, the growth of quotations may start already from the current rates and further it is necessary to monitor the situation.
Altcoins:
The idea of HIVE growth remains relevant, at this stage there are no signals about the reversal of the coin.
BTC/JPY - weekly Analytics + Altcoins 23.02.2020Bitcoin has formed an impulse decrease, the presence of further bounces will have a defining meaning for determination of future movements. In case of drawing of correctional ranges at the current levels, the probability will shift in the direction of lower quotations, but it is too early to talk about a deep fall.
Altcoins:
Despite the deep decline in quotations we can single out HIVE coin as having high potential for future growth.
BTC/JPY - weekly Analytics + Altcoins 23.02.2020Bitcoin has formed an impulse decrease, the presence of further bounces will have a defining meaning for determination of future movements. In case of drawing of correctional ranges at the current levels, the probability will shift in the direction of lower quotations, but it is too early to talk about a deep fall.
Altcoins:
Despite the deep decline in quotations we can single out HIVE coin as having high potential for future growth.
BTC/JPY - weekly Analytics + Altcoins 15.02.2020Bitcoin drew downward momentum on the night of February 14 to February 15, it is too early to talk about a deep correction, but given the current ultra positive investor mood and the fact that bitcoin has been in one-way growth since March 2020, it may indirectly hint at the prospects of a pullback. In order to confirm these expectations we need a proof, and we will monitor it as the move progresses.
Altcoins:
At this stage, we can single out the promising HIVE coin for buying.
BTC/JPY - weekly Analytics + Altcoins 15.02.2020Bitcoin drew downward momentum on the night of February 14 to February 15, it is too early to talk about a deep correction, but given the current ultra positive investor mood and the fact that bitcoin has been in one-way growth since March 2020, it may indirectly hint at the prospects of a pullback. In order to confirm these expectations we need a proof, and we will monitor it as the move progresses.
Altcoins:
At this stage, we can single out the promising HIVE coin for buying.
BTC/JPY - weekly Analytics + Altcoins 08.02.2020 Bitcoin broke through the key resistance level of 4354770, and further on it is necessary to monitor the situation, as a false breakout can be formed from this level and the currency will go into a deeper correction, whereas in case of consolidation and impulse outburst formation, the probability will shift towards further growth.
Altcoins:
UNI idea is still relevant, at this stage there are no signals that indicate a downward reversal of the coin.
BTC/JPY - weekly Analytics + Altcoins 08.02.2020Bitcoin broke through the key resistance level of 4354770, and further on it is necessary to monitor the situation, as a false breakout can be formed from this level and the currency will go into a deeper correction, whereas in case of consolidation and impulse outburst formation, the probability will shift towards further growth.
Altcoins:
UNI idea is still relevant, at this stage there are no signals that indicate a downward reversal of the coin.
BTCJPY hoping for a turn around in price..Price seem to have travel to a level of my fib extension resistance line which my force price to push back. as far as it looks price is in a A-B-C corrective move with the final wave C to complete if not completed. I will be patiently waiting for price reaction to execute. Alternatively price might break past the nearest high and continue going up.
BTC/JPY - weekly Analytics + Altcoins 02.02.2020From 09.01.2021 - 27.01.2021 correction in the form of a triangle and an impulse exit were formed, at this stage the probability is shifted to the direction of further growth of quotations, afterwards it is necessary to monitor the movement in development.
Altcoins:
UNI idea is still relevant, at this stage there are no signals that indicate a downward reversal of the coin.
BTC/JPY - weekly Analytics + Altcoins 02.02.2020From 09.01.2021 - 27.01.2021 correction in the form of a triangle and an impulse exit were formed, at this stage the probability is shifted to the direction of further growth of quotations, afterwards it is necessary to monitor the movement in development.
Altcoins:
UNI idea is still relevant, at this stage there are no signals that indicate a downward reversal of the coin.
BTCJPY maybe to drop some points in the next days?Assuming the recent drop is a wave A drop with the unfolding wave assumed to be wave B, I am projecting for a drop at around the 50% fib retracement zone as my first target.
This analysis remains valid until price break the "invalidation" marked level.
Alternatively price might break low past the level labelled A and look to clear the recent lows.