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BTC/JPY - weekly Analytics + Altcoins 16.05.2022From May 12-13, 2022 there is a potential upside movement in bitcoin , this structure may be a false breakdown and development of a future uptrend. The key resistance at the moment is the level of 4,000,000, its overcoming will open the way to the further growth of quotations and confirm the trend reversal. May 14 formed the extreme value of pessimism of crypto investors, which also confirms the end of the downtrend. 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
💡Don't miss the great buy opportunity in CHFJPYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (133.01). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFJPY 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 77. Take Profits: TP1= @ 134.93 TP2= @ 136.25 TP3= @ 138.07 TP4= @ 139.56 TP5= @ 141.65 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in EURJPYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (135.50). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY 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 72. Take Profits: TP1= @ 137.04 TP2= @ 138.80 TP3= @ 139.96 TP4= @ 141.12 TP5= @ 142.54 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
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/JPY - weekly Analytics + Altcoins 25.04.2022Local price consolidation in bitcoin ended with impulse decrease. The only thing that provides confusion - is the pessimism of investors about the market. So the situation looks ambiguous: the technique says about the decrease, while the mood increases the probability of growth. Therefore, we should wait for local movements, which may give additional signals about the future of bitcoin and the crypto market as a whole. Altcoins: In our opinion, TRX still looks attractive for buying, yes, there is a possibility of local decrease, but it should not affect the global rising trend.
by Yosu_Fund
BTC/JPY - weekly Analytics + Altcoins 11.04.2022Due to the formation of a false breakdown from the level of 5419234 , chances for further quotes decrease are growing. Only a return beyond that level will provide an opportunity for growth for both the entire crypto market and for bitcoin in particular. At the moment, the scenario with the breakdown of the local bottom around 3752582 is quite likely. Altcoins: In our opinion, TRX still looks attractive for buying. Yes, there is a possibility of local decrease, but it should not affect the global growing trend.
Short
by Yosu_Fund
BTC/JPY - 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.
by Yosu_Fund
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.
Long
by Yosu_Fund
💡Don't miss the great sell opportunity in SGDJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (86.44). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 49. Take Profits: TP1= @ 86.18 TP2= @ 85.95 TP3= @ 85.59 TP4= @ 85.20 TP5= @ 84.77 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
4
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.
by Yosu_Fund
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.
by Yosu_Fund
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/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
💡Don't miss the great sell opportunity in USDJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (115.25). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 35. Take Profits: TP1= @ 114.77 TP2= @ 114.47 TP3= @ 114.14 TP4= @ 113.79 TP5= @ 113.46 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
2
BTC/JPY - weekly Analytics + Altcoins 14.02.2022With high probability there will be a false-break from the level of 4957000 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 5000000 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.
Long
by Yosu_Fund
BTC/JPY - weekly Analytics + Altcoins 07.02.2022Bitcoin has developed an impulse movement, which indicates a high probability of further growth of quotations, investor pessimism is behind, there is no euphoria, which additionally indicates a medium-term continuation of the price ascent. It is locally profitable to track corrective pullbacks to buy entry, the goal is to overcome the high of the price near 5900000. Altcoins: Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow by times.
Long
by Yosu_Fund
BTC/JPY - weekly Analytics + Altcoins 31.01.2022Investor sentiment is at pessimistic levels, which indicates either market lows or a near-term reversal of quotes. At the moment we consider two scenarios of the situation development: 1. an impulse ascent of the quotes from the current levels, the confirmation will be the growth above the level of 4900000. 2. renewal of the minimums around 3000000 and impulse return above 3220000, which will be the confirmation of the trend change to the bullish level. In our opinion, the renewal of the growing trend is coming, the only question is to determine the minimums of the correction that began in April 2021.
by Yosu_Fund
BTC/JPY - 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 3200000, after which we can start looking for an entry point to buy. 2) Impulse building and rebound to the area of 4600000 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.
by Yosu_Fund