#btc forecast update 4hr TF scalping zone with Sup. & Resis.Bitcoin is again breaking out the $42,000 resistance area. If BTC is able to hold above the $42,000 level then we see a move towards the $44,400 area. Market showing some strength in last week and we may see a continuation of upward movement.
Btc!
BTC Short Opportunity at 41750 ishA very volatile Price Action in the current range will have many people take up positions around here. A nice Technical level to short would be at 41750 where we have many confluences as mentioned in the Chart.
Would monitor the Order-flow to see what happens at the level. An easy set-up would be an SFP of the high at 41666. Invalidation for me would be above 41950.
Bitcoin to 50K - Start of Bull Trend Yes - Bitcoin is ranging . Tested support and resistance multiple times. I can see clear W pattern is establishing which is really bullish in nature.
Supply is exhausting , shorts getting closed refer btcusdshorts in bitfinex , TA is completely bullish . We should see a good journey towards 50k soon.
BTC/JPY - weekly Analytics + Altcoins 14.03.2022Bitcoin continues to stay in a local consolidation, we believe that there are chances for growth in quotes, but for this purpose it is necessary for the price to move to the key resistance in the area of 5125700. If this level is reached, the probability of a small local pullback will grow and chances for further rise will also grow and this will give an entry point for buying with a controlled risk level. The investor sentiment is at pessimistic levels for quite a long time period, this also increases the chances for growth. Further it is necessary to monitor the situation in the development.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow by times.
BTC/USD - weekly Analytics + Altcoins 14.03.2022Bitcoin continues to stay in a local consolidation, we believe that there are chances for growth in quotes, but for this purpose it is necessary for the price to move to the key resistance in the area of 45.500. If this level is reached, the probability of a small local pullback will grow and chances for further rise will also grow and this will give an entry point for buying with a controlled risk level. The investor sentiment is at pessimistic levels for quite a long time period, this also increases the chances for growth. Further it is necessary to monitor the situation in the development.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow by times.
#Btc triangle forecast 4hr TF Ready to sky rocket#Btc triangle forecast 4hr TF, as i mentioned in my last btc update where price is moving towards the 5th position. Now #btc is ready to bounce and hit the 6th target.
#BTC struggling to break the $40,000 again but price is hodling the support around $38,200. Price wicked below couple of time for the Liquidity grab. Viewing on daily TF, price is moving in a large range of $38,200 to $45,000 mark. We need a break and close above the major resistance level and price needs to hodl above it for sure.
#Sky_Rocket #btc
BITCOIN TF 4HCurrently bitcoin is still in the $37k-$40k range. Bitcoin has so far formed a short-term bullish divergence (ST), but it was rejected and eventually formed a bearish divergence.
Bullish divergence ( If BITCOIN in the short term (4h) is able to break through $41,100-$41,250 ( fibo 0.382) , bitcoin has the potential to rise to $42,800 (fibo 0.23) and break back to $45k )
Bearish divergence ( If bitcoin fails to break the 0.382 fibo in the next few days, and instead falls from the 0.5 fibo, then the bitcoin has the potential to fall into the 0.78 fibo area ( $ 34,200- $ 36,500 )
That is all and thank you.
BTC/JPY - weekly Analytics + Altcoins 09.03.2022The key resistance level in bitcoin is 5235700, in case of approach to these marks, the probability of local pullback will increase. If after that buyers start to intercept the initiative and do not allow the price to fall deeply, which leads to consolidation of quotations, chances to ascend will increase many times. We still believe that the cryptocurrency market and bitcoin in particular has every chance to recover, as quotes globally are in the final stages of a correction that began back in April 2021.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects that can grow many times over.
BTC/USD - weekly Analytics + Altcoins 09.03.2022The key resistance level in bitcoin is 44500, in case of approach to these marks, the probability of local pullback will increase. If after that buyers start to intercept the initiative and do not allow the price to fall deeply, which leads to consolidation of quotations, chances to ascend will increase many times. We still believe that the cryptocurrency market and bitcoin in particular has every chance to recover, as quotes globally are in the final stages of a correction that began back in April 2021.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects that can grow many times over.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (38504.76).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 39690.61
TP2= @ 40397.44
TP3= @ 41849.63
TP4= @ 43046.71
TP5= @ 44943.38
SL= Break below S2
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BTCUSDT - Buy Setup!BTCUSDT (1D Chart) Technical analysis
BTCUSDT (1D Chart) Currently trading at $38740
Buy level: Above $38700
Stop loss: Below $34000
Target 1: $41500
Target 2: $45300
Target 3: $52000
Target 4: $57500
Max Leverage 2x / Spot Market
Always keep Stop loss
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#btc Forecast report#BTC stop-hunted above the resistance line and yesterday #BTC tried couple of times to break through. Currently, price is being rejected but in a very corrective manner. You can expect a drop till major support zone and market looking good as it's above support. Alts will show good moved after #BTC breaks the $45,000 mark.