previous body of the 2017 top is supporting the actual pricenobody is talking about the previous body of 2017 weekly candle is holding the actual price.
and the rsi is been in his lowest and could from a double bottom
BTC-USD
BTCUSD Potential for Bearish Continuation| 13th Sept2022On the H4, price has broken the descending trend signaling bullish momentum. We're looking for a pull back sell entry at 22468.67 where the 61.8% retracement and 127.2% extension sits to take profit at 20729.53 levels where the previous swing low sits. Our stop loss is at 23637.78 where the 78.6% retracement sits
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC/USD - weekly Analytics + Altcoins 12.09.2022At 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 around 0.066, after breaking of this level the growth can significantly accelerate, we single out the coin as especially promising.
BTCUSD Potential for Bullish Continuation| 12th September 2022On the H4, price has broken the descending trend signaling bullish momentum. We're looking for a pull back buy entry at 20813.15 to take profit at 22113.39 levels where the 78.6% projection and 50% retracement sits. Our stop loss is at 19599.60 where the previous swing low sits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinMidterm forecast:
While the price is above the support 17600.00, beginning of uptrend is expected.
We make sure when the resistance at 26700.00 breaks.
If the support at 17600.00 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A trough is formed in daily chart at 18510.75 on 09/07/2022, so more gains to resistance(s) 21919.49, 23500.00, 25211.30 and maximum to Major Resistance (26700.00) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 54.
Take Profits:
21919.49
23500.00
25211.30
26700.00
31765.00
37327.72
42500.00
48189.85
55590.00
64755.00
69000.00
75000.00
80000.00
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BTCUSD @BitcoinMidterm forecast:
While the price is above the support 17600.00, beginning of uptrend is expected.
We make sure when the resistance at 26700.00 breaks.
If the support at 17600.00 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A trough is formed in daily chart at 18510.75 on 09/07/2022, so more gains to resistance(s) 21919.49, 23500.00, 25211.30 and maximum to Major Resistance (26700.00) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 54.
Take Profits:
21919.49
23500.00
25211.30
26700.00
31765.00
37327.72
42500.00
48189.85
55590.00
64755.00
69000.00
75000.00
80000.00
❤️ 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 ❤️
BTCUSD Potential for Bearish Continuation| 9th Sept 2022On the H4, price has broken the range and is moving in a descending trend signaling bearish momentum. We're looking for a pull back sell entry at 19567.02 to take profit at 18400.67 levels where the 78.6% projection sits. Our stop loss is at 20411.67 where the previous swing high and 23.6% retracement sits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BNX : THE COIN THAT EVERY WHALE WOULD LIKE TO HAVE WHEN...BNX is a coin that every whale would have when the expected results showing later.
It's very hard to predict increased coins in a bear market and if there is one coin that has more chances to show an increasing trend with a higher chance of staying in the green cycle then it's BNX.
Even the whales itself not always make the right choice of coins: and we have seen this before more times in the wallets of whales that they hold coins that are for the long term, not effect. what this means this that nobody knows the future. it's only about a high chance and the right risk management.
Small article to read about the coin why it can moon:
There will be always risk in trading, and this update is also not trading advice.
BTCUSD Potential for Bearish Continuation| 8th September 2022On the H4, price has broken the range and is moving in a descending trend signaling bearish momentum. We're looking for a pull back sell entry at 19567.02 to take profit at 18400.67 levels where the 78.6% projection sits. Our stop loss is at 20431.46 where the previous swing high and 23.6% retracement sits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC/USD Outlook (7 September 2022)The DXY claimed new highs yesterday, with price currently at 110.58, this has led to Bitcoin crashing through the 19562 support level to trade between the 18593 and 18915 price area.
Cryptocurrencies are strongly influenced by macroeconomic factors and the performance of the traditional market. It could also be likely that investors are exercising caution leading up to the ethereum merge. If issues with Ethereum emerge after the merge, the impact could be catastrophic to the market.
If price breaks lower through the 18400 price level, Bitcoin could continue towards the 17578 level, last tested in June.
BTCUSD Potential for Bearish Continuation| 7th September 2022On the H4, price has broken the range and is moving in a descending trend signaling bearish momentum. We're looking for a pull back sell entry at 19567.02 to take profit at 18400.67 levels where the 78.6% projection sits. Our stop loss is at 20431.46 where the previous swing high and 23.6% retracement sits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSDIt was a good in and out analysis, but because I didn't anticipate it to enter so early I got stopped out. But it was a good lesson, in that check the time frame you are forecasting in so you know how often you should check if orders have been triggered and when they are just how much managing needs to be done. (excuse the bad English composition)
BTCUSD Potential for Bearish Continuation| 6th September 2022On the H4, price is still ranging but is moving in a descending trend and signaling bearish momentum. We're looking for a pull back sell entry at 20513.86 where the previous swing high sits. Take profit at 19219.49 levels which is the previous swing low and 61.8% projection. Our stop loss is at 20886.88 where the previous swing low and 23.6% retracement sits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC/USD - weekly Analytics + Altcoins 05.09.2022There 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 that at this stage there is the accumulation of position by a large player, which may lead to significant growth in the future, confirmation will be the growth in the area of 0.067.
BTCUSD Potential for Bearish Continuation| 5th September 2022On the H4, price is moving in a descending trend and is signaling strong bearish momentum. We're looking for a pull back sell entry at 20853.52 where the 23.6% retracement sits. Take profit at 19219.49 levels which is the previous swing low and 61.8% projection. Our stop loss is at 21779.31 where the 38.2% retracement and previous swing high sits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD - Do you have a plan, Mister Fix?
It was less than a year ago... I hope you remember?
TSTW.
Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
EHT USUDT S/R ETHERUM SUPPORT AND RESISTANCE LINS
support and resistance time M W D
entry trigger yellow lines
BTC falling wedge on 15m chart, short rally should happenthe description is posted on chart , read it and it is only an idea.
IF BTC WONT BREAKOUT DESCENDING TRIANGLE NOW. 18k coming soonBTC moving in descending triangle formation. soon will be CPI released and FED decision if the BTC wont break this triangle today upside it will be hard month
BTCUSD Potential for Bearish Continuation| 2nd Sept 2022On the H4, price has broken the bullish channel and is signaling a bearish market sentiment. We're looking for a pull back sell entry at 20853.52 where the 23.6% retracement sits. Take profit at 19219.49 levels which is the previous swing low and 61.8% projection. Our stop loss is at 21779.31 where the 38.2% retracement and previous swing high sits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential for Bearish Continuation| 1st September 2022On the H4, price has broken the bullish channel and is signaling a bearish market sentiment. We're looking for a pull back sell entry at 20853.52 where the 23.6% retracement sits. Take profit at 19219.49 levels which is the previous swing low and 61.8% projection. Our stop loss is at 21779.31 where the 38.2% retracement and previous swing high sits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential for Bearish Continuation| 31st August 2022On the H4, price has broken the bullish channel and is signaling a bearish market sentiment. We're looking for a pull back sell entry at 20853.52 where the 23.6% retracement sits. Take profit at 19219.49 levels which is the previous swing low and 61.8% projection. Our stop loss is at 21779.31 where the 38.2% retracement and previous swing high sits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC/USD to 13KBased on the upward flag and break , retest of it . Together with FIb retracement . It is likely we would see a further dip in BTC to the 13k region and then a potential bounce . All technicals and Macroeconomics point to this dip !
