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.
J-USD
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.596).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD 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 67.
Take Profits:
TP1= @ 3.881
TP2= @ 4.303
TP3= @ 4.676
TP4= @ 5.259
TP5= @ 5.907
SL= Break below S2
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💡Don't miss the great sell opportunity in NZDUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.6653).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 0.6614
TP2= @ 0.6589
TP3= @ 0.6560
TP4= @ 0.6532
TP5= @ 0.6503
SL: Break Above R2
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💡Don't miss the great buy opportunity in BNBUSD @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (432.1).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD 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 64.
Take Profits:
TP1= @ 453.4
TP2= @ 464.8
TP3= @ 475.5
TP4= @ 488.6
TP5= @ 505.7
SL= Break below S2
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💡Don't miss the great buy opportunity in BCHUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (328.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHUSD 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= @ 347.2
TP2= @ 360.8
TP3= @ 373.1
TP4= @ 384.2
TP5= @ 396.5
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 (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 AXSUSD @AxieInfinityTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (59.41).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AXSUSD 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 74.
Take Profits:
TP1= @ 68.31
TP2= @ 75.58
TP3= @ 83.03
TP4= @ 91.02
TP5= @ 98.65
SL= Break below S2
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💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.094).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSD 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 57.
Take Profits:
TP1= @ 1.187
TP2= @ 1.314
TP3= @ 1.426
TP4= @ 1.516
TP5= @ 1.635
SL= Break below S2
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💡GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast:
While the price is above the support 1762.98, resumption of uptrend is expected.
We make sure when the resistance at 1874.88 breaks.
If the support at 1762.98 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades, if the Midterm level 1762.98 is broken.
Technical analysis:
The RSI support #1 at 47 is broken, so the probability of resumption of uptrend is decreased.
A peak is formed in daily chart at 1853.75 on 01 /25/2022, so more losses to support(s) 1804.23, 1790.08 and minimum to Major Support (1762.98) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 48.
Take Profits:
1790.08
1804.23
1814.96
1834.65
1874.88
1959.30
2000.00
2075. 05
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💡Don't miss the great buy opportunity in SANDUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.1108).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SANDUSD 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 71.
Take Profits:
TP1= @ 4.7116
TP2= @ 5.1803
TP3= @ 5.6379
TP4= @ 6.1751
TP5= @ 6.9685
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 XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (149.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD 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 75.
Take Profits:
TP1= @ 169.36
TP2= @ 178.96
TP3= @ 187.00
TP4= @ 198.86
TP5= @ 213.18
SL= Break below S2
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💡Don't miss the great buy opportunity in SFPUSD @iSafePalTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8453).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SFPUSD 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 66.
Take Profits:
TP1= @ 0.9844
TP2= @ 1.1044
TP3= @ 1.2095
TP4= @ 1.3789
TP5= @ 1.4976
SL= Break below S2
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💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2087).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD 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 67.
Take Profits:
TP1= @ 2331
TP2= @ 2523
TP3= @ 2762
TP4= @ 2873
TP5= @ 3194
SL= Break below S2
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💡Don't miss the great sell opportunity in USDTRYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (13.4582).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 42.
Take Profits:
TP1= @ 13.3034
TP2= @ 13.1461
TP3= @ 13.0009
TP4= @ 12.8630
TP5= @ 12.6840
SL: Break Above R2
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💡Don't miss the great buy opportunity in XTZUSD @tezosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XTZUSD 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 64.
Take Profits:
TP1= @ 3.479
TP2= @ 3.800
TP3= @ 4.109
TP4= @ 4.426
TP5= @ 4.777
SL= Break below S2
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💡Don't miss the great buy opportunity in USDSGDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3463).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD 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 71.
Take Profits:
TP1= @ 1.3508
TP2= @ 1.3549
TP3= @ 1.3605
TP4= @ 1.3668
TP5= @ 1.3713
SL= Break below S2
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