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BTC/JPY - weekly Analytics + Altcoins 01.03.2022From 24. 01 .2022 to 10.02.2022 an upward impulse movement was formed, increasing chances for the tendency change towards the growth of quotations. With a high probability the correction to this impulse was completed on 24.12.2022, this is proved by breakdown of the key level 4956965. Together with the pessimism of investors and the technical picture we expect the medium-term growth of quotations. The cancellation of the scenario will be the fall below 3913900. Altcoins: Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow several times.
Long
by Yosu_Fund
BTC/USD - weekly Analytics + Altcoins 01.03.2022From 24.01.2022 to 10.02.2022 an upward impulse movement was formed, increasing chances for the tendency change towards the growth of quotations. With a high probability the correction to this impulse was completed on 24.12.2022, this is proved by breakdown of the key level 42680. Together with the pessimism of investors and the technical picture we expect the medium-term growth of quotations. The cancellation of the scenario will be the fall below 34150. Altcoins: Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow several times.
Long
by Yosu_Fund
BTC/USD - Weekly OverviewDuring the past week, Bitcoin faced intensive volatility led by the headlines that Russia invades Ukraine on Thursday. The news forced BTC to drop straight from $39K to around $34K. However, buyers at lower levels gave a push back in no time. This further led to the testing of EMA-20 ($39,600) which went unsuccessful as investors are looking for relevant exists around the psychological mark of $40K. Currently, the price level is forming a temporary support zone of around $36.5K. Further, we can expect the price to move within the range drawn on the chart. MACD levels indicate further selling pressure on BTC in the upcoming trading sessions. The levels have faced a bearish crossover and currently forming red bars on the histogram. Overall, the price momentum for this week will be much dependent on the developments around global factors including the Russia-Ukraine conflict. Considering the technical side, BTC is having support at $36,500 followed by $34,500., resistance levels are placed at $40K and $42K respectively.
COINBASE:BTCUSD
by TradeDog-Research
Bitcoin, decision time. This will change everything for us. So its really come down to this, Anything above $37k is a bull for me. Anything, even a wick below ~$37k might lead to a break in the market structure and then we wait for a bounce and do what we have to, to survive. Selling here is not a place for me, If anything, its a final opportunity. The Titanic sails or sinks? Honey badger don't care, I will always have a soft corner for Crypto and I will bid to the last point. This is an innovation of our lifetime and everything will be done by the ones in power to stop this. In short term it will feel hopeless, but we know nothing stops this. I have no doubt in my mind, crypto will prevail. Prices and markets don't matter there, tech is here to stay! This sounds counter intuitive, but always have some Bitcoin and Crypto apart from monetary intentions Good Luck, don't get too busy gambling and miss the point totally. Survive, young Padawan! Don't let them steal your coins. Godspeed!
BITSTAMP:BTCUSDLong
by Degengambleh
BTC/JPY - weekly Analytics + Altcoins 25.02.2022Technical situation in bitcoin is still uncertain, but at the same time we believe that correction from April 2021 is coming to the end. Buy entry tactics looks logically justified as at the moment there is an impulse movement, which gives us a reason to expect the continuation of the recovery (cancellation of the scenario of the exit below 3913900). Plus, the investors' mood is at the pessimistic levels, which also increases the chances of upside. Further we will have to monitor the situation as the price moves. Altcoins: Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow several times.
Long
by Yosu_Fund
BTC/USD - weekly Analytics + Altcoins 25.02.2022Technical situation in bitcoin is still uncertain, but at the same time we believe that correction from April 2021 is coming to the end. Buy entry tactics looks logically justified as at the moment there is an impulse movement, which gives us a reason to expect the continuation of the recovery (cancellation of the scenario of the exit below 34300). Plus, the investors' mood is at the pessimistic levels, which also increases the chances of upside. Further we will have to monitor the situation as the price moves. Altcoins: Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow several times.
BITSTAMP:BTCUSDLong
by Yosu_Fund
Bitcoin | The Best Course Of Action Now | What To Do?Bitcoin (BTCUSD) is now in correction mode from the bearish wave... What is likely to happen next? The conventional markets continue to look bad and ready to crash. We have tons and tons of inflammation (or inflation?), the war is just another catalyst that can make the markets unpredictable everyday. So what to do, what is the best course of action? We have been bearish for long but nothing goes straight down or straight up... Prices will fluctuate but with all this uncertainty, it is better to sitout, step-back, wait for things to unravel and only jump back in when the all the drama/noise is gone. Late March the latest... Spring... Thanks for the continued support. Namaste.
BITFINEX:BTCUSD
by AlanSantana