Bitcoin is consolidating after the impulse movement that started at the beginning of May, which locally can lead to the growth of quotations around 6.600.000 - 6.800.000. Thereafter, it is necessary to monitor the situation in development as a scenario with the false breakdown formation and downward movement development is likely. Parabolic growth has lasted more...
Movements at the current levels will determine further Bitcoin movements. At the moment, we can distinguish two main price movement scenarios - 1. Increased volatility and the formation of pullbacks with the reverse growth of quotations, which will increase the chances of a deep correction 2. The drawing of the correction and consolidations at the current levels...
There is still a risk of deep decline in bitcoin , since the formation from 21.02.2021 - 14.04.2021 may be a reversal (final diagonal triangle). It is possible that the quotes may reach the level of 6130000-6500000 and start falling down from the local maximum. Risk aversion seems the best decision to us in the current situation.
After the deep decrease from 18.04.2021 the price started its systematic recovery. In order to have further stable ascending the impulse return to the 6690000 area and drawing of correction to it is necessary. Formation of corrections (triangle, zig-zag, side pro-trade, etc.) at the current levels will shift the probability in the direction of quotations decrease....
Bitcoin is consolidating at the upper limit of correction with diagonal levels that started on March 31, 2021. Impulse growth of quotations from the current marks will confirm the possibility of further ascent within the current trend.
We can single out TRON ( TRX ) and EOS as the most promising coins for future growth.
Bitcoin is correcting to the impulse from 25.03.2021 - 02.04.2021, the consolidation and further rise of quotations can give development to the existing growing trend.
Impulse drop to the level of 5.400.000 or lower may change the direction of the global trend, then it is necessary to monitor the situation in development.
We can single out Tron ( TRX )...
At the current levels the disposition of the forces of buyers and sellers will form in Bitcoin . In case of formation of correction waves without direction, a deep downward movement is likely to develop. It is necessary to monitor the development of the situation for some time. At this stage, there are only indirect signs of a serious correction, it should be...
At the moment BTC is in a correction to the impulse that has been formed 28.02.2021-14.03.2021. That indicates a shift of the probability towards further growth of quotations and overcoming of historical highs.
The idea about HIVE remains relevant, we expect the continued growth of quotations.
Bitcoin is declining in the form of momentum, it is too early to talk about a global decline, it is necessary to form a correction at the current levels for the continuation of the rising trend.
Investors’ mood continues to be close to extremely positive, thereafter it is necessary to monitor the development of the technical situation.
As the most...
By impulse movements Bitcoin confirms expectations that in the period *21.02.2021 - 28.02.2021* a correction wave to the main growing trend was being formed, we expect that the trend for strengthening of the rate will continue.
The idea of HIVE growth remains relevant, at this stage there are no signals about the reversal of the coin, we also expect the...
At this stage, we consider the price movement as a corrective one. The local momentum and players' pessimistic moods confirm this idea, the growth of quotations may start already from the current rates and further it is necessary to monitor the situation.
The idea of HIVE growth remains relevant, at this stage there are no signals about the reversal of the coin.
Bitcoin has formed an impulse decrease, the presence of further bounces will have a defining meaning for determination of future movements. In case of drawing of correctional ranges at the current levels, the probability will shift in the direction of lower quotations, but it is too early to talk about a deep fall.
Despite the deep decline in quotations...
Bitcoin drew downward momentum on the night of February 14 to February 15, it is too early to talk about a deep correction, but given the current ultra positive investor mood and the fact that bitcoin has been in one-way growth since March 2020, it may indirectly hint at the prospects of a pullback. In order to confirm these expectations we need a proof, and we...
Bitcoin broke through the key resistance level of 4354770, and further on it is necessary to monitor the situation, as a false breakout can be formed from this level and the currency will go into a deeper correction, whereas in case of consolidation and impulse outburst formation, the probability will shift towards further growth.
UNI idea is still...
From 09.01.2021 - 27.01.2021 correction in the form of a triangle and an impulse exit were formed, at this stage the probability is shifted to the direction of further growth of quotations, afterwards it is necessary to monitor the movement in development.
UNI idea is still relevant, at this stage there are no signals that indicate a downward reversal...
At this stage the probability is shifted towards the BTC growth. The key level is 3510000, if price goes under this level, a local short trend may develop with goal around 2690000 - 2650000 per coin.
The idea about UNI remains valid, the goal is around $15 per coin.
Bitcoin is correcting to the impulse originated from 14.01.2021 - 15.01.2021, that shifts the probability towards a local decline of quotations. Investor sentiment is still at optimistic levels, which confirms the assumption that the price will decline soon.
The idea for UNI remains valid, the goal is around $ 15 per coin.
Bitcoin has entered the correction phase, the impulse that had been originated from 08. 01 .2021-11. 01 .2021 confirms these expectations. The range and shape of the correction must be tracked in its development.
It’s time to fix DOT, UNI should be held up to the goals of $15 or closed when the level of 4.9 is reached.