BTC/USD - weekly Analytics + Altcoins 04.04.2022At the moment key events are taking place, in case of further price consolidation at the current levels, chances for the continuation of the current growing trend will increase significantly, the key resistance level is 5911072 (its test took place on April 3, 2022). Impulses formed from the upcoming consolidation will be an additional confirmation of the idea of the long-term upward movement.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow by times.
I-BTC
BTC/USD - Weekly OverviewOn the 1D-candlestick timeframe, BTC continues to face resistance at $47.3K. On the Fibonacci retracement level, the resistance is placed at the 0.382FIB level.
The price level hints for a possible consolidation range looking to form between $44K to $48K. A breakout from the upper range of $48K can be positive signal for hitting the potential target placed at 0.5FIB level. On the other side, if the price level faces a negative breakout below $44K, the support is placed at 0.236FIB level.
However, the price level is still able to maintain sustainability above EMA-200 which is a positive sign
In case of further upside, the potential target can be set at 0.5FIB level which is placed at around $51K
EMA-20 is also looking in the potential to have a positive crossover against EMA-200 which could result in an increase in volatility for the world’s largest cryptocurrency
GLMR is BullishCOIN NAME: GLMR
PAIR-USDT
EXCHANGE : ANY
STRENGTH:
Weekly Stochastic will cross soon
Coin gecko Rank: 146
Good Mark Cap
Trading in 24 Exchanges
Buy: 2.7450 to 2.8050
T1- 2.9616
T2- 3.1895
T3- 3.4691
T4- 4.5180
SL - 2.23 or HOLD
Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC . Keep SL if you don't want to hold but not required for the Spot trading if you want to buy in Dips.
Note: I'm not a financial advisor. This analysis is for an Idea and a view. Crypto is the biggest profitable trading business, and without stop loss and emotional control, no one cannot win in this game.
If you like my analysis please encourage me with your likes and comments, Do you need any coin analysis then message me, I will do it for you.
BTC/JPY - weekly Analytics + Altcoins 28.03.2022Bitcoin continues its recovery and is above the key resistance of 5125726 (we mentioned in our previous review), which increases the probability of the growing trend continuation, locally I would like to see a correction in the form of a price trading - this will give additional confirmation of the future ascending of quotations and entry points for buying with a controlled risk level.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which may grow several times.
BTC/USD - weekly Analytics + Altcoins 28.03.2022Bitcoin continues its recovery and is above the key resistance of 45,500 (we mentioned in our previous review), which increases the probability of the growing trend continuation, locally I would like to see a correction in the form of a price trading - this will give additional confirmation of the future ascending of quotations and entry points for buying with a controlled risk level.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which may 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 (46542.43).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT 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 79.
Take Profits:
TP1= @ 47596.07
TP2= @ 48654.08
TP3= @ 49497.94
TP4= @ 50140.78
TP5= @ 51311.16
SL= Break below S2
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#btc analysis with some news for expiry of this monthHere’s why Bitcoin bulls will defend $42K ahead of Friday’s $3.3B BTC options expiry
1. Between $39,000 and $42,000: 6,300 calls vs. 6,300 puts. The net result is balanced between the call (bull) and put (bear) instruments.
2. Between $42,000 and $44,000: 8,700 calls vs. 4,600 puts. The net result favors bulls by $175 million.
3. Between $44,000 and $45,000: 10,600 calls vs. 4,300 puts. Bulls boost their gains to $280 million.
This time, m personally watching the #btc expiry
ACOINUSDT (ALCHEMY) can give a little profit.COIN NAME: ACOIN
PAIR-USDT
EXCHANGE : KUCOIN
Buy: 0.2282to 0.2355
T1- 0.3310
T2- 0.4056
T3- 0.5286
No SL
Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC . SL must but not required for the Spot trading if you want to buy in Dips.
Note: I'm not a financial advisor. This analysis is for an Idea and a view. Crypto is the biggest profitable trading business, and without stop loss and emotional control, no one cannot win in this game.
If you like my analysis please encourage me with your likes and comments, Do you need any coin analysis then message me, I will do it for you.
BTC Bitcoin long BTC/USDT#BTC
#CHART_UPDATE
You can see 2 times trend line breakout has been done in past days
This will be 3rd time if BTC break in same way
You can't say anything guaranteed but yes we can only predict as per previous data
If do you want to long BTC then you can long in range 41700 to 42000$ with very small stop loss and targets will be 43/44/45000$
#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 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.