Investor sentiment has reached a new level of pessimism after a serious drawdown of bitcoin quotes, which indicates a potential low and reversal to growth. At the moment, the first impulse upward movement was formed and correction to this movement is outlined, which increases the chances for medium-term growth from the current levels.
We single out TRON and TFUEL...
Investors 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 6.358.426 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...
From 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 6773774 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...
In general, the uptrend in bitcoin continues, in the ideal scenario we would like to see a rollback to the level of 6737777 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.
We highlight TRON and TFUEL as...
Looks like we are moving according to plan, but we are noticing some resistance being respected.
therefore move stop losses in profits accordingly. this applies to all bitcoin pump ideas
well done Lungu FX team!!
there a a few reasons to by bitcoin this week
1- markets have come to thee resistance turned support.
2- markets are within the 61.8% fib level.
3- markets have made there 3rd touch of the supporting trend line.
however if market does break out of the support zone, wait for market to touch the 4 hour support zone of 6921806.25 then enter a buy...
Our expectations concerning the local decrease of bitcoin quotations have not come true yet, but the probability of price decrease remains because the investors' mood is still on the ultra-optimistic marks. What exactly will be the amplitude of correction and where will be its minimum, we will see after its completion.
We single out TRON and TFUEL as...
Bitcoin is in a correction phase from 20.10.2021, confirmed by a false break from the level of 7156627. We expect the continuation of its formation, the potential lows of the rollback will be tracked in the development. Investor sentiment is at optimistic levels, which also confirms our expectations for the continuation of the decline in quotations.
At the moment the price is correcting to the descending impulse from 20.10.2021-24.10.2021, the key level for the potential false breakdown is 7157600, if we see an impulse decrease under this level, the probability of the downtrend continuation will increase, the minimums of correction should be monitored during the movement.
We select TRON and TFUEL...
As said on tweets before, $BTC chart against Yen is so smooth sometimes that makes it easier to see the big picture without the USD noise
Retesting almost perfectly & potential flip of the last ATH level into support
Just a little push from here and into new highs!
At the moment investor sentiment is on the very optimistic levels and the upward impulse from September 21, 2021 is formed, which increases the chances that the quotes will go into a local correction. The targets are not clear yet, they are around 6000000.
We single out TRON and HIVE as the most promising coins for the development of a stable growing...
The key resistance level in bitcoin is 6.760.000. Most likely, we will see a bounce from this level and going into a local correction, which will not change the main upward direction.
We highlight TRON and HIVE as the most promising coins to develop a sustainable rising trend. (the idea is confirmed by local growth impulses)
We also see high growth...
Our expectations regarding the formation of a false breakdown are confirmed by the impulse growth. At the moment the price is consolidating before the continuation of the ascent of quotations, investor sentiment is at neutral levels. The key resistance will be at 5.579.000, its overcoming will open the way to the new targets.
We highlight TRON and HIVE...
Zig-zag shaped correction from 07.09.2021 - 21.09.2021 with a high probability ended with a false breakdown from the level of 44.790.000, the pessimistic sentiment on the price lows confirms this idea. Further we expect a hike to the 5.579.000 level with further overcoming it.
We highlight TRON and HIVE as the most promising coins to develop a...
The bots are in control and its obvious no retail is buying... TOO scared guys?
We gotta 50% dip that retraced back into the golden pocket (47-48k) then look at the anchored VWAP if ran from both recent lows they match up (excluding natural variances from retail buys).
Options as I see it:
If we get above the 48k mark and hold I say this next week should...
The key level of 4.790.000 has been broken through. With a high probability this very level will be the impetus for further growth of bitcoin. The general trend remains growing, in our view, the continuation of strengthening of quotations is only a matter of time, impulsive unidirectional growth waves will confirm this idea.
We single out TRON and HIVE as the...
Bitcoin is consolidating locally to the descending impulse from 07.09.2021, after the consolidation completion we expect the growth to the area of 5.400.000, then with a high probability the price will go down to the level of 4.700.000 to form a false breakdown. After its drawing the long-term ascending of quotations will continue.
We single out TRON...
Correction that started on 10.08.2021 takes the form of a diverging triangle, which indicates a clear interest of buyers. The growing trend continues, there are no signs of trend reversal, the next important resistance is near 6.110.000. When this target is reached, growth may slow down and go into correction, then we will follow the development.