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BTC-D

Bitcoin likely to go parabolic Hi traders, this is my bullish bias on BTC, If you watch Weekly TF you might notice that 34.4k was the last imbalance left with an Untested Order Block which was finally mitigated giving an end to the Bearish cycle (This is my personal view & not an investment advice) .. DYOR.. On 4h, now 35.6k is an untested zone and might become an accumulation zone soon for big players, better is to watch & see Bitcoin reaction off it 7 later buy on the retest. An Order block is effective only if you see reaction happening off it or it's just nothing, So be patient & hodl. "Big Money is made sitting, not trading!"
Long
by UnknownUnicorn21160479
BTC/JPY - weekly Analytics + Altcoins 04.05.2022In bitcoin , as well as in the crypto market as a whole the uncertainty of further movements remains, the downtrend still persists. Before talking about the potential strengthening, it is necessary to see overcoming the key level of 5202599, further consolidation and growing momentum would increase the likelihood of an ascent. Market player sentiment is at pessimistic levels, this indirectly suggests potential lows, but confirmation of this idea needs to be monitored on the facts. Altcoins: TRX in our view still looks attractive for buying, yes, there is a possibility of local decline, but it should not affect the global rising trend. Additional confirmation of growth in the coin is the current momentum.
by Yosu_Fund
BTC/USD - weekly Analytics + Altcoins 04.05.2022In bitcoin , as well as in the crypto market as a whole the uncertainty of further movements remains, the downtrend still persists. Before talking about the potential strengthening, it is necessary to see overcoming the key level of 40 .750, further consolidation and growing momentum would increase the likelihood of an ascent. Market player sentiment is at pessimistic levels, this indirectly suggests potential lows, but confirmation of this idea needs to be monitored on the facts. Altcoins: TRX in our view still looks attractive for buying, yes, there is a possibility of local decline, but it should not affect the global rising trend. Additional confirmation of growth in the coin is the current momentum.
by Yosu_Fund
BTC/USD - Weekly OverviewThe past week continued to face the wrath of bears as Bitcoin traded within the falling channel pattern formed on the chart. The current level is looking at the potential to form a fourth lower high within the downtrend. However, a positive breakout above the 0.382FIB level can be a momentum breaker and bring back positive sentiment for the world’s largest cryptocurrency. On the Fibonacci retracement table, the weekly fall started at 0.618FIB level, took a breather at 0.382FIB level but currently looking vulnerable to test the crucial support at 0.236IFB level. The MACD is moving well below the histogram. However, a bullish crossover has just formulated on the chart which hints at a potential bounceback.
by TradeDog-Research