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AlanSantana
Nov 1, 2019 11:19 PM

Bitcoin Monthly Bullish Close | $8518/$7249 - $9788/$11596 (8) Long

BITSTAMP:BTCUSD1M
Bitcoin / U.S. dollarBitstamp

Description

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Bitcoin (BTCUSD) on the monthly timeframe closed with a bullish candlestick.

EMA10 held as support and now Bitcoin has the chance to move higher.

I made this chart pretty simple... This is how I am looking at it right now.

The light blue space is a tight range between our main resistance and support levels.

If $9788 can be broken, Bitcoin can easily move higher and reach $10,000+ to 11.5k.

On the downside, $8518 is the level to hold, if this breaks Bitcoin can easily move lower and test $7249... That's what you see on the title.

Right now the weekly chart is also looking bullish for me so I am of the bullish view... Take a look at the trade idea below.

How Does Bitcoin Make It To $33,333? | 6 Signals


Thanks a lot for your continued support.

Namaste.

Comment

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Bitcoin Weekly
Fib. support and resistance
EMA10 GREEN
EMA50 MAGENTA
EMA100 BLUE

Comment

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ADAPT AND ACCEPT TO CHANGE

Multiple realities can come at you at the same time on the same day.

It is hard to grasp,
It is hard to see,
It is hard to understand that the detox symptoms are the signal of imminent change.

You cannot see, you do not know so you don't understand.

And while you are there trying to figure it out, your body is already in the process of adapting and accepting the change.

As soon as your body starts to evolve, the rest will follow in a natural way.

So only if you upgrade your consciousness...

Change an idea about yourself.

The rest will just follow...

Go adapt and accept to be able to change.

Namaste.

Comment

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Altcoins charts for the day... Please hit LIKE to show your support. :)

Metal Starts To Generate Profits | Round 2 | 70%+ Next!


Ontology Strong Breakout | Additional 115%+ Possible


HyperCash Trade Signal (HCBTC | 136%)


Harmony (ONE) Next Move | Bullish & Bearish View + Targets


Lunyr Trade Signal LUNBTC | 178%)

Full trade:


DigixDAO Bouncing After Full Correction | Easy 97%+ Can Follow

Comment

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Altcoins Market Update
Trend AnalysisTechnical IndicatorsBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDxbtXBTUSDalanmastersbinancealtcoinscrypto
Comments
konikko
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ALTSEASON: BNB first has big future
AlanSantana
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@konikko, Thanks for sharing.
Anpu
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Good analysis!
This is my recent idea on Bitcoin, Please tell what you think.
I think that price is between two extremes currently. And if it won't be able to break through 121 MA resistance and there is no RSI confirmation. That downward scenario is more possible. I explain this in detail in my idea
AlanSantana
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@Anpu, Thanks for sharing.
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