BTC-USD
BTC/USD - weekly Analytics + Altcoins 29.11.2021Investors 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 55.500 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 coins for development of a steady growing trend. Also the coin Algorand(ALGO) has an increased probability of growth of quotations.
BTCUSD ⚡ in correction. What will the support have?Bitcoin is in a correction phase, against the backdrop of a falling global market, this is normal. The bearish move is not one day, but there is strong support ahead, like an uptrend. and local. I think that we can see at least a rollback, but also the beginning of price recovery and an upward movement to update tops. While we are watching how the price will behave around the support levels 51300 and 52850
BTC/USD - weekly Analytics + Altcoins 23.11.2021From 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 58500 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 sustainable rising trend. (at the moment coins are in correctional phase)
XRP BTC huge HTF breakout imminentLook at the chart but ignore the noise of the false breakout earlier in dec 2020.. It looks like a huge descending triangle is about to break out on the weekly timeframe which can bring it to the green box (target). Not coincidence that this pattern reconciliates with the timeframe for the lawsuit.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (64735.75).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 49.
Take Profits:
TP1= @ 66234.79
TP2= @ 66901.12
TP3= @ 68789.15
TP4= @ 70000.00
TP5= @ 72216.36
SL= Break below S2
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💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (64735.75).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 66234.79
TP2= @ 66901.12
TP3= @ 68789.15
TP4= @ 70000.00
TP5= @ 72216.36
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 ❤️
BTC/USD - weekly Analytics + Altcoins 15.11.2021In general, the uptrend in bitcoin continues, in the ideal scenario we would like to see a rollback to the level of $58,000 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 the most promising coins for the development of a stable growing trend.
FOREX ANALYSIS : BTCUSDBITSTAMP:BTCUSD
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.