$BTCUSDT UPDATE!!!!!Hi Traders,
So $BTC prices have now made the push well into the the order block, giving us some more structure to work off. We are expecting a correction soon unless buy volume introduces itself and is able to break out of the current order block its in. If this is the case prices will make a push towards he next order block $54,000-$57,000. However if we do get a short term correction then we expect the smaller order block to act as first support where we will need asses the strength of the support zone for prices to push back up.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
BTC-USD
BTC/USD - weekly Analytics + Altcoins 23.08.2021Bitcoin continues to move in a unidirectional growing trend, the key support level is the mark of 46.700 dollars. At the moment there are no signals of trend reversal, the ascent of quotations continues. The investor sentiment is on the optimistic levels close to the maximum euphoria, but peaks have not yet been reached in our opinion, so we monitor the situation in development.
Altcoins:
We single out TRON and HIVE as the most promising coins to develop a steady rising trend. (the idea is confirmed by local growth impulses).
BTC/USD - weekly Analytics + Altcoins 23.08.2021Bitcoin continues to move in a unidirectional growing trend, the key support level is the mark of 46.700 dollars. At the moment there are no signals of trend reversal, the ascent of quotations continues. The investor sentiment is on the optimistic levels close to the maximum euphoria, but peaks have not yet been reached in our opinion, so we monitor the situation in development.
Altcoins:
We single out TRON and HIVE as the most promising coins to develop a steady rising trend. (the idea is confirmed by local growth impulses).
💡Don't miss the great buy opportunity in BTCUSD @bitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (46733).
. 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 64.
Take Profits:
TP1= @ 51232
TP2= @ 53410
TP3= @ 55439
TP4= @ 59526
TP5= @ 64793
SL= Break below S2
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$BTCUSDT UPDATE!!!!!Hi Traders,
So currently we're seeing the correction/pullback. On our last post we placed two order blocks as support and resistance zones to indicate which way $BTC prices would go. As you can see on this chart prices tested those zones as resistance and broke lower reaching $45,000 before pushing back up and testing the order block as resistance. Prices then came back down breaking the previous lower low at $45,000 to reach a new low of $44,000. As things stand prices a hitting resistance levels and failing to break, indicating that sellers are in control for now.
Pricing is now setting a new structure to test as support and resistance, for prices to carry on their selling off they will need to hold the smaller two zones seen on our chart as resistance. However if prices break the zones and come back down to test as support that will indicate to us that prices will push higher back towards previous confluence zones.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
$BTCUSDT UPDATE!!!!Hi Traders,
So prices came down to reject the 200 Hourly MA indicating that bulls still want more. Current prices are now trading above all MA's on the hourly timeframe again indicating to us that bulls are trying to make that move higher.
Also take notice that prices also rejected our Pivot point 2x times adding to bullish sentiment.
Prices will need to break the two smaller order blocks on our chart to make the move into the larger order block above.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
BTC/USD - weekly Analytics + Altcoins 16.08.2021Bitcoin continues to be in a growing trend formed back on 20.07.2021, at the moment we are tracking when correction (movement against the main trend, but not changing its main direction) may start, while there are no signs of its emergence and we observe only local pullbacks. The sentiment of the investors is also on the optimistic levels, which indirectly may indicate either the middle of the current movement or a possible correction, so it is worth to monitor the situation carefully.
Altcoins:
We single out TRON and HIVE as the most promising coins for the development of a stable growing trend. (the idea is confirmed by local growth impulses)
BTC/USD - weekly Analytics + Altcoins 16.08.2021Bitcoin continues to be in a growing trend formed back on 20.07.2021, at the moment we are tracking when correction (movement against the main trend, but not changing its main direction) may start, while there are no signs of its emergence and we observe only local pullbacks. The sentiment of the investors is also on the optimistic levels, which indirectly may indicate either the middle of the current movement or a possible correction, so it is worth to monitor the situation carefully.
Altcoins:
We single out TRON and HIVE as the most promising coins for the development of a stable growing trend. (the idea is confirmed by local growth impulses)
$BTCUSDT UPDATE!!!Hi Traders,
$BTC has been smashing through order blocks like there is no tomorrow offsetting the ALT market into presenting parabolic moves all round.
There are two shorter term and smaller orderblock that prices need to test as support and resistance to continue its move higher, you can see these on our chart.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
$BTCUSDT UPDATE!!!!!Hi Traders,
$BTC prices still looking bullish, currently pulling back in search of liquidity to take prices higher. We're looking for support within the two zones drawn on our chart. It should be noted that the currently leg up in prices is becoming over extended and therefore once prices have reached the larger order block above that we are more than likely to see a large correction.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
$BTCUSDT UPDATE!!!!Hi Traders,
$BTC continues its bullish momentum, volume is starting to to tail off slightly with some space to move into until its at the next order block. Prices across the market are now overextended so should all start to think about a correction. $BTC is now also above the 200MA Daily if it continues to close above then thats our confirmation signal of a bullish continuation.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
BTC/USD - weekly Analytics + Altcoins 09.08.2021In our opinion, bitcoin has been in the rising trend since the false breakout of 20.07.2021. The local correction from 01 .08.2021 to 05 .08.2021 finished with the impulse growth, which indicates the future rise of the quotes. Globally, the next target lies in the area of 48.000 dollars, after its overcoming the road to conquer the mark of 58.000 dollars will open.
We consider TRON and HIVE as the most perspective coins for development of a steady growing trend. (the idea is confirmed by local growth impulses)