Bitcoin (Cryptocurrency)
BTC/JPY - weekly Analytics + Altcoins 06.06.2022The consolidation, which started back on May 13 and the negative sentiment of investors regarding the market, indicates a significant position gained by a major player at an average price of 3800000, which can give a strong impetus to the growth of quotations in the future. The current momentum further confirms our expectations.
Altcoins:
A clear diagonal level is formed in Tron, the coin looks attractive for buying in our opinion, a break of 0.09 will additionally confirm our expectations.
BTC/USD - weekly Analytics + Altcoins 06.06.2022The consolidation, which started back on May 13 and the negative sentiment of investors regarding the market, indicates a significant position gained by a major player at an average price of 29,500, which can give a strong impetus to the growth of quotations in the future. The current momentum further confirms our expectations.
Altcoins:
A clear diagonal level is formed in Tron, the coin looks attractive for buying in our opinion, a break of 0.09 will additionally confirm our expectations.
GLMR | Possible narrative for the next bull run 2024/25It’s basically fundamentals. The most important fundamental in crypto is hype and I believe dot parachains is a potential narrative for the next cycle. Nothing wrong in betting a small amount on GLMR. It is the first running parachain. Tokenomics aren’t good though but they aren’t even bad. Lots of unlocks in the next 12 months so price won’t appreciate much immediately but yeah it’s a potential narrative for the next run up. Bought some at 1.2$ and I have my bids at 0.30-40$.
USDT.D Chart & Bitcoin Update - 31 May#Bitcoin Evening Update
As per this USDT.D chart, it is currently still in Level 1 area, crossing down from that bottom support trend line is safe for re-entry on alts. If that happens it reaches up to Level 2 area that will helps Bitcoin to reach 35K to 37.5K USD.
If the USDT.D takes a support from the bottom support trend line and moves up means it affects Bitcoin badly to reach again under 30K USD price level.
So, for now its a this or that situation, if any changes happen I'll update via my channels.
BTC/USD - Weekly OverviewThe world’s largest cryptocurrency has developed strong sustainability above the crucial support level of $28K. This certainly indicates that price level might avoid further downfall. The current trading session is looking in potential to form a bullish engulfing candle which may provide bullish breakout among moving averages in future
The MACD level is also showcasing positive nature below the histogram. Green bars are also formulating which may indicate bounceback of level above the histogram. Overall, support levels can be placed at $28K and $26K respectively. If the bullish momentum is sustained, resistance can be placed at $32K and $34K.
BTC/JPY - weekly Analytics + Altcoins 30.05.2022Bitcoin formed a false-break from the level of 3661200, followed by an impulse movement. These facts and the pessimism of investors give reason to expect further growth of quotations, the breakdown of the level of 4000000 will give another trigger for the ascent.
Altcoins:
TRX , in our opinion, still looks attractive for buying, an additional confirmation of future growth will be a breakthrough of 0.092.