We sitting on support of previous trend. we need to retest the breakout.
1)50sma holding price on weekly 2)Supply zone fore weeks
The key level in bitcoin remains 2355525. Now it is necessary to monitor the movement near this level. The growth above it, further pro-trading and impulses will greatly increase the probability of growth of quotations. At this stage it is premature to talk about growth or a deep fall. Altcoins: Tron continued consolidation of quotations in a wider range, an...
Bitcoin continues to stand in consolidation. For the development of the upward movement it is necessary to form an impulse growth to the area of 2355525 and higher, thereafter it will be necessary to monitor the local corrective breakdowns to set further movement targets. Altcoins: Tron is in a local correctional pullback, after its completion we expect the rise...
The market is sideways and it is making a good bearish flag pattern and I think the trend will continue to be bearish that's why I have opened a short trade.
Potential reversal impulse movement was formed on November 22 - 24, to develop an uptrend it is necessary to overcome the key level of 2347900. Investor sentiment continues to be at pessimistic levels, which confirms the moment of the quotes near the potential lows, the situation will be resolved in the near future. Altcoins Among Altcoins, we single out Tron as...
From November 10 to November 11, an impulsive upward movement formed + before this growth a significant amount of bitcoin was sold. As a rule, it indicates the formation of the bottom in the instrument. To confirm it, the formation of further impulse growth waves is needed. Altcoins We single out Tron as the most promising coin for the formation of a long-term...
Here's an interesting data point I talked about in my previous videos before the breakout. Unusual trading activity in FTX Spot for the BTCJPY trading pair. This is particularly interesting because it happen while trading sideways at a technical support level right under a major S/R flip zone. As long we keep trading above it very good odds we visit the upper...
Bitcoin continues to be in a local consolidation, which does not give an opportunity to understand the prospects for future movements. In this situation, it is necessary to monitor the formation of impulse waves, which will set the main direction of movement. We believe that the minimums may be formed in the near future, now we are waiting for technical...
#BTC /JPY Confluence about the next potential target being 21.5k
After the second touch BTCJPY will be heading down as my theory.
It is too early to talk about the downtrend development until the minimum of 2377000 is broken. Now it is only indirectly possible to say that the growth may continue, one of the factors is the potential minimums in the ethereum correction. In the near future the situation should become clearer. Tron The situation in Tron has not changed due to the small...
At the moment a growing momentum is being formed in Bitcoin , which can develop a long-term upward trend. Now it is worth watching for local corrections. Price consolidations will give an understanding of the balance between supply and demand , sideways pro-trading will greatly increase the chances of ascent. Altcoins: Tron is close to breakout of key resistance...
There is still uncertainty about the further movements in Bitcoin. For the continuation of the growing trend it is necessary to form the growing impulse waves and the corrective patterns thereto, by which you can identify the presence of large players interested in a long hold on the asset. Altcoins Tron is still in a range of price consolidation, we believe...
Movements in bitcoin still look uncertain, it is quite possible that the pullback from the local peak may result in a corrective movement. For this it is necessary to monitor the activity of buyers at the current levels, impulse growth and pro-trading can develop a growing movement and form the continuation of the trend. Tron Tron, in our opinion, can form a...
For now, it is premature to talk about changing the trend to a downtrend. The key factor for future growth will be overcoming the level of 3052545, pro-trading, consolidation and further impulses can continue the upward trend, for now, it is worth watching the situation’s development. Altcoins There were no significant changes in Thronw, the instrument continued...
Bitcoin continues to be in a key range (see the chart). The main level for consolidation and continuation of the uptrend is 3286900. Pro-trading, price consolidation above it will increase the chances for further growth of quotations. We are continuing to monitor the situation. Altcoins: Tron also continued to consolidate, which indicates the levels formed by a...
After a local pro-trading the quotes continued impulse growth, which is positive for the formation of long-term growth. Our expectations regarding the purchases, the presence of big players in bitcoin and further rise are confirmed. Altcoins Tron broke through the key level of 0.0703, in our view we may soon see acceleration of the uptrend.