A fast and easy way to analyze Currencies Technical analysis gauges display real-time ratings for the selected timeframes. The summary for U.S. Dollar/Japanese Yen is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots. USD JPY (US Dollar / Japanese Yen) Also known as trading the “gopher” the USDJPY pair is one of the most traded pairs in the world. The value of these currencies when compared to each other is affected by the interest rate differential between the Federal Reserve and the Bank of Japan. BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the long term, the trend is upward, the correction has not yet been normal. The price can go up in the region of $ 29, to believe in growth.
Tradingview btc yenTechnical Analysis of U.S. Dollar / Japanese Yen (FX:USDJPY) — TradingView — India
The impulse that had begun on March 16th, ended on August 17th, The local consolidation of the Bitcoin price is possible with a decrease to the triangle from May, The global trend is still growing, according to our expectations correction The main level of formation of false breakdown is The price leaving above and fixing of quotations will give foundations to suppose that the growth will continue.
Investors' sentiment is at moderately pessimistic levels, that also gives reason to expect the growing trend to be continued. After mood adjusting from overoptimistic to pessimistic levels the Bitcoin quotations are significantly correcting, overlapping more than half of the local impulse originated from Despite the impulse character of the correction, the trend remains being growing.
If an impulse is formed from the current levels, it will confirm a long trend. Bitcoin is consolidating to the impulse originated from Locally, there is a false breakdown that portends the continuation of a growing trend. In general, the situation looks positive for the further growth of quotations. Investors' sentiment is correcting slightly and still stay at optimistic levels. Altcoins: Considered coins are LTC, Bitcoin is continuing to be situated at a local stop around The further consolidation and impulse movement to levels of open the path for the growth to new goals that will be formed as the movement develops.
Investors' sentiment is close to the most optimistic levels, that's why it is worth to remember about possible correction Videos only. At the same time, a resistance line was formed on the chart, which became a guide line for the trend, preventing the price from rising higher. During the fall, the price came to the level of Since November, she tried to break through this level and go The pair have continuously been pushed back after rising to the price channel which acts as a major resistance level as indicated in the 30 minutes price chart below; however, the trend could change if it breaks and holds above the price channel at approximately Another technical point to note is the price wedge between the price channel and the bottom of Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective.
Hope investors consider, I am not responsible for your investment decision. In any case this could get bananas and go straight to 30k Who knows. Looking good for bulls right now. The correction in the form of a zigzag was formed from December 1st to December 11th. It inclines probability to the direction of further growth of quotations. An impulse has been formed in the BTC from The price repels from the historical maximum and up to now we observe the completion of the correction formation.
In our opinion, the historical maximum in the region of will be broken through; at the moment local movements confirm this idea. At this stage the key level for Bitcoin is the area of The impulse movement returned price to the uptrend, the breakdown is likely to occur steadily with tests of the resistance level.
Generally, the probability is shifted towards overcoming of the historical high of We will continue monitoring the situation in its development. Altcoins: Growth