Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (125.13). . 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...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (125.43). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFJPY 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...
On January 8, the peak of investor pessimism was updated, which indicates a high probability of the end of the current correctional pullback. Technically, a false break of 4820000 was drawn, which also increases the chances of forming a rising trend. We single out TRON as the most promising coin for the development of a steady growing trend. Also in coin...
On January 8, the peak of investor pessimism was updated, which indicates a high probability of the end of the current correctional pullback. Technically, a false break of 41.600 was drawn, which also increases the chances of forming a rising trend. We single out TRON as the most promising coin for the development of a steady growing trend. Also in coin...
From 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 5,650,000 will increase the chances of the formation of a stable long trend. We single out TRON as the...
Locally, bitcoin has formed a correction on the uptrend, also a false break from the level of 5.750.000 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...
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...
From 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...
Investor 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...
Investors 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 6.358.426 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...
From 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 6773774 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...
In general, the uptrend in bitcoin continues, in the ideal scenario we would like to see a rollback to the level of 6737777 before the quotes' growth continues, but we should consider that super-optimistic investors' mood only indirectly indicates an impending correction, and the ascent may continue from the current marks. Altcoins: We highlight TRON and TFUEL as...
Our expectations concerning the local decrease of bitcoin quotations have not come true yet, but the probability of price decrease remains because the investors' mood is still on the ultra-optimistic marks. What exactly will be the amplitude of correction and where will be its minimum, we will see after its completion. Altcoins: We single out TRON and TFUEL as...
Bitcoin is in a correction phase from 20.10.2021, confirmed by a false break from the level of 7156627. We expect the continuation of its formation, the potential lows of the rollback will be tracked in the development. Investor sentiment is at optimistic levels, which also confirms our expectations for the continuation of the decline in quotations. Altcoins: We...
At the moment the price is correcting to the descending impulse from 20.10.2021-24.10.2021, the key level for the potential false breakdown is 7157600, if we see an impulse decrease under this level, the probability of the downtrend continuation will increase, the minimums of correction should be monitored during the movement. Altcoins: We select TRON and TFUEL...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (82.24). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts...