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-USD
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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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.
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.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (41034.89).
. 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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 33.
Take Profits:
TP1= @ 44375.30
TP2= @ 45791.61
TP3= @ 49369.49
TP4= @ 51787.31
TP5= @ 55720.27
SL= Break below S2
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ForecastCity English Support Team ❤️
BTC/USD - weekly Analytics + Altcoins 14.02.2022With high probability there will be a false-break from the level of 42700 and quotes will move in the ascending direction. We believe that at this stage, the growing momentum and correction from April 2021 is completed, fixing above 43000 will confirm this idea.
Further we will monitor the situation as there will be a probability of local pullbacks (which will not change the growing trend)
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow by times.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (42998.04).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 44392.11
TP2= @ 45599.28
TP3= @ 46826.69
TP4= @ 47557.95
TP5= @ 48560.04
SL= Break below S2
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💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (38906.10).
. 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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 41210.42
TP2= @ 43513.15
TP3= @ 45788.04
TP4= @ 48213.87
TP5= @ 51859.41
SL= Break below S2
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💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (34599.00).
. 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 59.
Take Profits:
TP1= @ 36949.10
TP2= @ 38118.06
TP3= @ 39359.81
TP4= @ 41020.72
TP5= @ 43588.34
SL= Break below S2
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BTC/USD - weekly Analytics + Altcoins 24.01.2022At the current stage, the best position is to be out of position. At the moment we can distinguish two main scenarios for further movements in bitcoin:
1. The continuation of the decrease in quotations and the breakdown of the local minimum around $30,000, after which we can start looking for an entry point to buy.
2) Impulse building and rebound to the area of $40,000 and only after the correction selecting an entry point to buy.
In general we think that the correction started as far back as April 2021 and it is close to its end, the only question is to determine the successful entry point.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (42470.00).
. 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 61.
Take Profits:
TP1= @ 43809.61
TP2= @ 45555.23
TP3= @ 48384.35
TP4= @ 50656.86
TP5= @ 52608.89
SL= Break below S2
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BTC/USD - weekly Analytics + Altcoins 19.01.2022The key support level is $40,000, until this level is broken through, we consider the current pullback as a correction to the rising momentum from 10. 01 .2021, but in case of breakdown of these marks, it will be necessary to monitor the situation. Investor sentiment is pessimistic and this increases the probability of quotes rise.
We allocate TRON as the most perspective coin for a steady growing trend. Also in the coin Algorand(ALGO) probability of growth of quotations is increased.
BTC/USD - weekly Analytics + Altcoins 05.01.2022From 07.12.2021 till now bitcoin , in our opinion, continues to be in correction to the momentum from 04.12.2021, the probability of growth of quotations in the medium term is high, the pessimism of investors further confirms this idea. Ascent to the area of $50,000 will increase the chances of the formation of a stable long trend.
We single out TRON as the most promising coin for the development of a sustainable rising trend. Also in coin Algorand(ALGO) the probability of growth of quotations is increased.
BTC/USD - weekly Analytics + Altcoins 27.12.2021Locally, bitcoin has formed a correction on the uptrend, also a false break from the level of 50.200 was drawn, which significantly increases the chances for the continuation of growth of quotations, the moderate pessimism of investors further confirms this idea.
We single out TRON as the most promising coin for the development of a stable growing trend. Also in the coin Algorand(ALGO) the probability of growth of quotations is increased.
BTC/USD - weekly Analytics + Altcoins 20.12.2021
Since 07.12.2021 bitcoin continues to be in correction to the main upward movement from 04.12.2021, investor sentiment is at pessimistic levels, these factors increase the chances of quotes ascending. On the whole, in our opinion, the situation looks stable.
We single out TRON as the most promising coin for the development of a steady growing trend. Also the probability of growth of quotations is increased in Algorand(ALGO) coin.
BTC/USD - weekly Analytics + Altcoins 14.12.2021From December 7, 2021 till now bitcoin quotations continue to be in correction and more likely after its completion we will see the price ascent. The pessimistic moods of players concerning the market are additional confirmation of this idea, because in most cases at market peaks the crowd stands in the opposite direction.
We single out TRON as the most promising coin for the development of a steady growing trend. Also Algorand(ALGO) coin has an increased probability of growth of quotations.
BTC/USD - weekly Analytics + Altcoins 06.12.2021Investor sentiment has reached a new level of pessimism after a serious drawdown of bitcoin quotes, which indicates a potential low and reversal to growth. At the moment, the first impulse upward movement was formed and correction to this movement is outlined, which increases the chances for medium-term growth from the current levels.
We single out TRON and TFUEL as the most promising coins for the development of a sustainable rising trend. Also the coin Algorand (ALGO) has an increased probability of growth of quotations. (Movements in TFUEL should be monitored for some time to make further trading decisions).
BTC/USD - weekly Analytics + Altcoins 29.11.2021Investors are still wary of the decline in bitcoin , which can positively affect the development of the current upward trend. Technically, a false break from the level of 55.500 was formed and momentum was drawn, which increases the chances of further growth with the goals of overcoming the historical maximum.
We allocate TRON and TFUEL as the most perspective coins for development of a steady growing trend. Also the coin Algorand(ALGO) has an increased probability of growth of quotations.
BTC/USD - weekly Analytics + Altcoins 23.11.2021From October 21, 2021 till now, in our opinion, a corrective wave to the major rising impulse formed on September 23, 2021 is forming in bitcoin . A false breakthrough (if the price goes above the 58500 level) will confirm the idea of an ascending movement in the mid-term.
We highlight TRON and TFUEL as the most promising coins for the development of a sustainable rising trend. (at the moment coins are in correctional phase)
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (64735.75).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 66234.79
TP2= @ 66901.12
TP3= @ 68789.15
TP4= @ 70000.00
TP5= @ 72216.36
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️