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BTC/USD - 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 22665, 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.
by Yosu_Fund
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.
by Yosu_Fund
BTC/USD - Weekly OverviewThe bears are back again in the overall market conditions as the weekly loss for BTC reaches nearly (-)12.30%. On the chart, the price level has suffered a negative breakout from the rising channel pattern reflecting upon a strong change in sentiments During the past bullish rally, BTC faced significant resistance around the 0.236FIB level which may have resulted in the sentiment change. Additionally, MA-10 has also suffered a negative crossover against MA-20 and the price level has again fallen below major moving averages The MACD level also showcased bearish crossover and red bars formation on the histogram. The RSI level suffered a dip towards the oversold region and still showcased negative nature while residing at 33.80 Overall, negative sentiment has surely kicked backed in the overall market conditions. Narrative of the possible new-yearly bottom for the world’s largest cryptocurrency has started to float on media channels. Adding to that, support levels for BTC can be placed at $20K and $18K. On the contrary, resistance can be placed at $23K and $25K.
COINBASE:BTCUSD
by TradeDog-Research
💡Don't miss the great buy opportunity in BNBBTC @binanceTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.01353). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBBTC is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 64. Take Profits: TP1= @ 0.01418 TP2= @ 0.01472 TP3= @ 0.01529 TP4= @ 0.01690 TP5= @ 0.01954 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
2
BTC/USD - Weekly OverviewThe past weekly price performance of Bitcoin was witnessed within the rising channel pattern. The world’s largest cryptocurrency is moving within the bullish pattern since the previous month suggesting a strong build-up by the bulls However, during the past week, the price level regularly tested the lower base of the pattern suggesting profit booking momentum alongside. On the moving averages. MA-20 is providing strong support while residing at around $23.9K. Any breakdown below it can result in bears coming back into the scenario The RSI level is also maintaining strong sustainability above 50 but is being regularly tested. For further emphasis, we have used DMI which reflects upon the prevailing sentiment. A positive crossover of ADX against +DI is witnessed on the chart which suggests -DI has some room to increase the negative sentiment. Overall, BTC is currently being traded at a critical level wherein it needs to find sustainability and positive sentiment to carry forward the bullish momentum built over the past month. The resistance levels can be placed at $25K and $27K. Whereas, support levels can be placed around $23K and $21K.
COINBASE:BTCUSDShort
by TradeDog-Research
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.
by Yosu_Fund
BTC/USD - 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 24.450. 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.
by Yosu_Fund