BTC/USD - weekly Analytics + Altcoins 21.03.2022Bitcoin continues to be in consolidation, which originated in January 2022, the price ascent to the current marks is a positive signal for future growth of quotations. We still believe that the cryptocurrency market has every chance for a further rise in quotations. The growth to the key resistance around 45,500 will be the confirmation of this idea. The subsequent correction pullbacks will give an opportunity to pick up conservative entry points to buy, more risky traders can enter the market from the current marks.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow by times.
BTC-USD
BTCUSD potential for drop!| 21st Mar 2022With price expected to reverse off the resistance of the stochastics indicator, we are bias that price will drop to our take profit of 37344 in line with the 100% Fibonacci projection from our entry of 41842 in line with the 28.6% Fibonacci retracement. Alternatively, price may head to our stop loss at 44478 in line with the 127.2% Fibonacci extension.
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Bitcoin missing a 5th waveEverything there is to explain is on the chart.
Ussualy we have a good run from March til arround the end of December.
I think right now the majority is bearish and don't think it will go past $70.000.
But! keep an eye out for the 100ema on the weekly, if it falls below be BEARISH.
BTCUSD Potential bearish drop | 17th Mar 2022With price expected to reverse off the resistance of the ichimoku cloud , we have a bearish bias that price will drop from our entry of 41529 n line with the 78.6% Fibonacci retracement to our take profit area of 37816 in line with the horizontal swing low support. Alternatively, price may break our entry structure and head for our stop loss of 42960 in line with the 100% Fibonacci projection level and horizontal swing high resistance.
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 bearish drop | 18th Mar 2022With price expected to reverse off the resistance of the ichimoku cloud , we have a bearish bias that price will drop from our entry of 41529 n line with the 78.6% Fibonacci retracement to our take profit area of 37816 in line with the horizontal swing low support. Alternatively, price may break our entry structure and head for our stop loss of 42960 in line with the 100% Fibonacci projection level and horizontal swing high resistance.
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 bearish drop | 17th Mar 2022With price expected to reverse off the resistance of the ichimoku cloud, we have a bearish bias that price will drop from our entry of 41529 n line with the 78.6% Fibonacci retracement to our take profit area of 37816 in line with the horizontal swing low support. Alternatively, price may break our entry structure and head for our stop loss of 42960 in line with the 100% Fibonacci projection level and horizontal swing high resistance.
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 further uptrend | 16th MarchPrice is near buy entry level of 37580.80 in line with 61.8% Fibonacci projection. Price can potentially bounce to the take profit level of 41599.02 in line with 78.6% Fibonacci retracement and 78.6% Fibonacci projection. Our bullish bias is supported by MA 50 and MA 200.
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 a drop! | 15th Mar 2022With price moving below the ichimoku cloud , we have a bearish bias that price will drop to our 1sr support at 34396 in line with the swing low support and the 161.8% Fibonacci extension from our pivot of 39507 in line with the 38.2% Fibonacci retracement . Alternatively, price may break pivot structure and head for 1st resistance at 42960 in line with the swing high resistance and 100% Fibonacci projection .
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 a drop! | 15th Mar 2022With price moving below the ichimoku cloud, we have a bearish bias that price will drop to our 1sr support at 34396 in line with the swing low support and the 161.8% Fibonacci extension from our pivot of 39507 in line with the 38.2% Fibonacci retracement. Alternatively, price may break pivot structure and head for 1st resistance at 42960 in line with the swing high resistance and 100% Fibonacci projection.
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 14.03.2022Bitcoin continues to stay in a local consolidation, we believe that there are chances for growth in quotes, but for this purpose it is necessary for the price to move to the key resistance in the area of 45.500. If this level is reached, the probability of a small local pullback will grow and chances for further rise will also grow and this will give an entry point for buying with a controlled risk level. The investor sentiment is at pessimistic levels for quite a long time period, this also increases the chances for growth. Further it is necessary to monitor the situation in the development.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow by times.
Bitcoin is ready for a strong dump ????Hello dear friends
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Bitcoin is ready for a strong dump ????
Well, friends, to answer this question, let's go and take a look at our previous analysis.
And now if the bears can continue their efforts a little longer and break the neckline in the daily time. A strong dump and a strong downtrend will probably be waiting for Bitcoin and Market. It is still a little early to make this analysis operational with high probability, and I recommend that we wait at least one exercise until the closing of the daily candle as well as the weekly candle at the end of today.
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BTC/USD - weekly Analytics + Altcoins 09.03.2022The key resistance level in bitcoin is 44500, in case of approach to these marks, the probability of local pullback will increase. If after that buyers start to intercept the initiative and do not allow the price to fall deeply, which leads to consolidation of quotations, chances to ascend will increase many times. We still believe that the cryptocurrency market and bitcoin in particular has every chance to recover, as quotes globally are in the final stages of a correction that began back in April 2021.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects that can grow many times over.
BTCUSD potential for dip | 9th March Price is near sell entry level of 45197.10 in line with 50% Fibonacci retracement. Price can potentially dip to the take profit level of 37332.52 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is supported by the stochastic indicator as it is near resistance level.
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 bounce | 8th MarchPrice is near buy entry price of 36231.8 in line with 78.6% Fibonacci retracement and 78.6% Fibonacci projection. Price can potentially go to the take profit level of 39951.77 in line with 23.6% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator as it is at support level.
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 @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (38504.76).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 39690.61
TP2= @ 40397.44
TP3= @ 41849.63
TP4= @ 43046.71
TP5= @ 44943.38
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (38504.76).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 39690.61
TP2= @ 40397.44
TP3= @ 41849.63
TP4= @ 43046.71
TP5= @ 44943.38
SL= Break below S2
❤️ 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 ❤️