BTCJPY perhaps price might be forming a triangle pattern.From the last update I was assuming that price might be forming a flat pattern, But when price went to hit the invalidation level I had to switch on idea. As for now I am assuming that price might be forming a triangle pattern with a build up of a three structured internal waves labelled minor A-B-C. This idea remains valid as long as the minor waves of the triangle do not overlap.
FXBTCJPY trade ideas
BTC/JPY - weekly Analytics + Altcoins 18.01.2020At this stage the probability is shifted towards the BTC growth. The key level is 3510000, if price goes under this level, a local short trend may develop with goal around 2690000 - 2650000 per coin.
Altcoins:
The idea about UNI remains valid, the goal is around $15 per coin.
BTC/JPY - weekly Analytics + Altcoins 25.01.2020At this stage the probability is shifted towards the BTC growth. The key level is 3510000, if price goes under this level, a local short trend may develop with goal around 2690000 - 2650000 per coin.
Altcoins:
The idea about UNI remains valid, the goal is around $15 per coin.
BTCPY yet to drop deeper perhaps...Regardless of the current support price just got rejected at, I am still convinced that price still has to drop a bit deeper to finish minor wave 4 and perhaps see a consolidation just beyond that support.
I am still targeting the 38.2% target, if it passes through that level then I am targeting the 50% level.
BTC/JPY - weekly Analytics + Altcoins 18.01.2020Bitcoin is correcting to the impulse originated from 14.01.2021 - 15.01.2021, that shifts the probability towards a local decline of quotations. Investor sentiment is still at optimistic levels, which confirms the assumption that the price will decline soon.
Altcoins:
The idea for UNI remains valid, the goal is around $ 15 per coin.
BTC/JPY - weekly Analytics + Altcoins 18.01.2020Bitcoin is correcting to the impulse originated from 14.01.2021 - 15.01.2021, that shifts the probability towards a local decline of quotations. Investor sentiment is still at optimistic levels, which confirms the assumption that the price will decline soon.
Altcoins:
The idea for UNI remains valid, the goal is around $ 15 per coin.
BTCJPY perhaps price might have to drop and clear the lows..?I feel like price did not correct the previous wave well enough, so I was hoping for a last drop before it clears the highs.
Alternative scenario: price might be done correcting and will jump and clear the near high, I will jump in at the level that has a logical risk: reward.
BTC/JPY - weekly Analytics + Altcoins 11.01.2020Bitcoin has entered the correction phase, the impulse that had been originated from 08. 01 .2021-11. 01 .2021 confirms these expectations. The range and shape of the correction must be tracked in its development.
Altcoins:
It’s time to fix DOT, UNI should be held up to the goals of $15 or closed when the level of 4.9 is reached.
BTC/JPY - weekly Analytics + Altcoins 11.01.2020Bitcoin has entered the correction phase, the impulse that had been originated from 08.01.2021-11.01.2021 confirms these expectations. The range and shape of the correction must be tracked in its development.
Altcoins:
It’s time to fix DOT, UNI should be held up to the goals of $15 or closed when the level of 4.9 is reached.
#BTC, Dipped into the ~34k level matching fib & prior red candle#BTC
Dipped into the ~34k level matching fib & prior red candle on the daily(~20% correction)
Holding/flipping this level into support seems key for bullishness to keep it calm
Looking for some dailai lama as continuation over the next days, back into the ATHs
#BTC
$BTC, high 4xk on the horizon?$BTC
The fact that it tested 42k & is not showing even weak rejection is extremely bullish...
Pattern at lower timeframes look similar to what it showed at 34k barrier..
Supply on exchanges staying low
Its hard to find bearish signs right now
high 4xk on the horizon?
#BTC
Fibs levels confluencing between 2017 & 2019 #BTC run ups..Fibs levels confluencing between 2017 & 2019 #BTC run ups.. (on the /JPY chart)
A HH, should allow continuation toward 40K+ while if it retraces (unlikely👍) ~26k is what I'm looking at
As it moves higher, the potential retrace does it too
Good luck aiming for sub 20k
#BTC
BTC/JPY - weekly Analytics + Altcoins 04.01.2020The Bitcoin has started to correct, at this point we need to monitor the local situation to see if BTC can move lower.
There are no meaningful support levels until the 2318476 level.
Altcoins:
Previously announced ideas about growth in Uniswap ( UNI ) and Polkdadot (DOT) remain valid.
BTC/JPY - weekly Analytics + Altcoins 04.01.2020The Bitcoin has started to correct, at this point we need to monitor the local situation to see if BTC can move lower.
There are no meaningful support levels until the 2318476 level.
Altcoins:
Previously announced ideas about growth in Uniswap (UNI) and Polkdadot (DOT) remain valid.
BTC/JPY - weekly Analytics + Altcoins 28.12.2020The Bitcoin is continuing its impulse ascending. The key level for the local stop will be 2843715, its overcoming will shift the probability towards the growth of quotations. Impulse decrease under 2747604 level will shift the probability towards the local decrease, without changing the main growing trend.
Altcoins:
(considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
Previously announced ideas about growth in Uniswap ( UNI ) and Polkdadot (DOT) remain valid
BTC/JPY - weekly Analytics + Altcoins 28.12.2020The Bitcoin is continuing its impulse ascending. The key level for the local stop will be 2843715, its overcoming will shift the probability towards the growth of quotations. Impulse decrease under 2747604 level will shift the probability towards the local decrease, without changing the main growing trend.
Altcoins:
(considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
Previously announced ideas about growth in Uniswap (UNI) and Polkdadot (DOT) remain valid.