P_S_trade_eng

2022-01-13 13:05:47 https://www.tradingview.com/chart/KCSUSDT/NpqggHHs-KCS-1D-Step-by-step-long-term-investment-4/ Open / Comment

2022-01-13 12:35:16 #BTC #bitcoin #Bitcoin #cryptocurrency

Good afternoon! The buyers' initiative in the Bitcoin market continues. The price is trying to consolidate above the important level of $43550. Yesterday, the buyers managed to hit the sellers' stop orders and set a new local high at $44322. However, the market did not support this breakout and as a result, the hourly candle closed as a pin bar.

Now the price of BTC is trading around $43550. There is a great possibility of the correction of the growth wave from January 10. Therefore, the main forecast for today is the price drop in the range of $42600. Whether this correction will start from the current prices or already after the test of $46,000 - we will see in the course of the day. This local level was the last time the buyers had a base of rest and accumulation of forces on January 11-12. Considering the rapidity of the fall now we want to enter the market at the retest, after testing the strength of the buyers and not during the current growth.

Moreover, within the range of $42600 passes the lower trend line of the growth channel. From this level, we will consider a long position with a short stop and the target within $46000. However, the entry into the position will not be a limit order. We will be watching the market, as there is a chance of high volatility, no problem to activate a short stop.

So if you are interested not to miss this potential trade - subscribe to our Bitget copy trading and copy our trades automatically!
https://www.tradingview.com/x/qSMfNbW5/ Open / Comment

2022-01-12 16:00:31 #ICP #cryptocurrency

Another decent cryptocurrency, which performed as well on Bitcoin fall as LINK is ICP. Quite volatile instrument for investment. So be careful and read our article carefully!

https://defimood.com/en/2022/01/12/icp-cryptocurrency-is-there-hope-for-the-positive/ Open / Comment

2022-01-12 14:05:23 #1INCH #cryptocurrency

Updated our forecast for 1INCH cryptocurrency. From a global perspective, sellers are now testing an important price zone.

Is this cryptocurrency realistic to rise to $6.4 in 2022 and what are the risks of falling below current prices?

Read our new article!

https://defimood.com/en/2022/01/12/1inch-cryptocurrency-classic-consolidation-with-a-range-of-300/ Open / Comment

2022-01-12 12:25:05 #BTC #Bitcoin #cryptocurrency

https://www.tradingview.com/x/3371BBKe/

Hi Colleagues. The situation in the Bitcoin market is still unchanged. Globally, the basic scenario we talked about in yesterday's video is still in effect.

Locally, we see a clear consolidation in the $39650-43550 range. If you look at the distribution of the trading volumes in this consolidation, you can tell that the sellers are trying to hold their territory more than the buyers. The trading volumes near the upper boundary of the consolidation are higher than in the lower boundary.

But the main volume is concentrated in the middle of the consolidation.

Therefore, today we expect Bitcoin prices to pullback to around the $41600-41800 range. If we see good resistance from the buyers, that will be a signal to enter the position with the first target $43550 and the final target $46000.

At the moment, the buyers are trying to keep the BTC price from falling into the $41600-41800 range. On the hourly timeframe, we can see that the price is preparing to assault $43550. If this attack is successful, we will open positions from the local retest of $43550 on the small timeframe.

An alternate scenario today is a test of the $40000 range and an updated low of $39600. In this case, we will wait for the final removal of stop orders of buyers who hold positions from September 2021 and re-enter the positions.

The signal for a re-run is a big spike in trading volume and a closed daily candle above $40700 Open / Comment

2022-01-11 16:01:48 #LINK #Chainlink #cryptocurrency

It's been a while since we made a forecast on LINK cryptocurrency. This cryptocurrency was not very active after the fall in May. Now we see that positive price and volume movement has started. In addition, there is not a bad picture in pair to BTC.

What are LINK's targets and critical points? When is it worth buying? Read in our new article:


https://defimood.com/en/2022/01/11/cryptocurrency-link-when-to-expect-growth-to-the-50-mark/ Open / Comment

2022-01-11 13:32:17 #BTC #bitcoin # Bitcoin # cryptocurrency

Good afternoon. We made a global analysis of Bitcoin today and identified critical points, above which a new wave of growth is possible. In general, everything does not look as disastrous as it might feel. In the new video, we took a look at the Bitcoin market from both a global and local perspective.

We continue our tradition and are waiting in the comments under the video of the cryptocurrency that you are interested in. We will select most of them and analyze them in the next video!



Open / Comment

2022-01-06 14:22:18 Hi all. Bitcoin did not hold in consolidation and the buyers could not do anything to reverse the market. Yesterday, during the Bitcoin price decline, we did not see any resistance from the buyers. The price is close to updating the local low of December 4.

Now the fate of the mid-term cryptocurrency market movement depends on whether there will be demand for bitcoin during the renewal of the local low of $42,000. So far on the daily timeframe, trading volumes are small. If the situation does not change - then we will see a continuation of Bitcoin price and the entire cryptocurrency market fall with the first target of $35,000.

Right now, as Bitcoin is falling, its dominance is growing. That is, other cryptocurrencies have started to pour harder. It is important to wait for updating low of $42000 or confirmation that there is no power to push the price lower. And only then make trading decisions.
https://www.tradingview.com/x/SSQDwENU/ Open / Comment

2022-01-06 13:55:18 https://www.tradingview.com/chart/KCSUSDT/157ksWb4-KCS-1D-Step-by-step-long-term-investment-3/ Open / Comment

2022-01-05 19:01:35 https://www.tradingview.com/x/zkpDYQlp/

Hi all. Consolidation is in full bloom. Nothing interesting is happening. In fact, in the market right now the participants are taking out each other short-term positions. Expect strong upward momentum by tomorrow.

The main scenario is still in effect. We hold positions and watch for false breakdowns of both sellers and buyers.

The Bitcoin market has been in consolidation for a month now. In fact, there hasn't been a decent pullback after the December 4 decline wave yet.

Bitcoin's dominance has been falling steadily since October 2021 and now it is on the brink:
https://www.tradingview.com/x/ridiewQW/

The situation with USDT dominance is unchanged:

https://www.tradingview.com/x/wcH1Y4Yn/

So far, all conditions for a local reversal of Bitcoin and the entire cryptocurrency market are in place. Let's see if the buyers realize this scenario. Open / Comment