Altcoins Market Update | Bitcoin To $10K In Dec. Pt.4 + Multiple
Bitcoin trading volume has come to a halt basically after the low on the 25th of November was set.
SUPPORT
Now, BTCUSD is trading around support. If this support range holds, $6900 - $7100, then we are very likely to see the next move develop to the upside, but what happens if the support breaks?
There is strong support around $6700 - $6850, so if the $6900-$7100 level breaks we will visit the above range before testing lower.
TARGET
On a move to the upside, EMA10 at $7240 is the first and main target. If this level can be conquered EMA50 follows at $7850.
SIDEWAYS
There is also the possibility of a long sideways consolidation period before any additional growth, see it here:
Altcoins Market Update
The Altcoins vs Bitcoin (ALTSBTC) pairs continue to grow.
Many pairs are now in full bullish mode with huge potential in the weeks and months ahead.
The altcoins and Altcoins market will continue growing.
When I say altcoins I am referring to all the altcoins minus the Top10, these are on a different category for me as they move differently than the rest of the market.
You can leave a comment if you any questions about any altcoin pair, I will be happy to take a look.
Most of the time when a strong wave comes, it happens by surprise and 'out of nowhere' for many... It is wise to plan, prepare and buy-in BEFORE the jump.
For this you need patience, buy and hold, and once the action starts, your patience will pay off... We set our sell orders before-hand.
What happens if we miss an opportunity?
Absolutely nothing to worry about.
If one opportunity goes, another one will come.
Just notice how every single day the 'biggest gainer' or 'top earner' is a different one.
So take your time to set your strategy, another opportunity is coming up... Thanks a lot for reading.
Make sure to hit LIKE to show your support.
This is Alan Masters, wishing you the best above all.
Namaste.
SUPPORT
Now, BTCUSD is trading around support. If this support range holds, $6900 - $7100, then we are very likely to see the next move develop to the upside, but what happens if the support breaks?
There is strong support around $6700 - $6850, so if the $6900-$7100 level breaks we will visit the above range before testing lower.
TARGET
On a move to the upside, EMA10 at $7240 is the first and main target. If this level can be conquered EMA50 follows at $7850.
SIDEWAYS
There is also the possibility of a long sideways consolidation period before any additional growth, see it here:
Altcoins Market Update
The Altcoins vs Bitcoin (ALTSBTC) pairs continue to grow.
Many pairs are now in full bullish mode with huge potential in the weeks and months ahead.
The altcoins and Altcoins market will continue growing.
When I say altcoins I am referring to all the altcoins minus the Top10, these are on a different category for me as they move differently than the rest of the market.
You can leave a comment if you any questions about any altcoin pair, I will be happy to take a look.
Most of the time when a strong wave comes, it happens by surprise and 'out of nowhere' for many... It is wise to plan, prepare and buy-in BEFORE the jump.
For this you need patience, buy and hold, and once the action starts, your patience will pay off... We set our sell orders before-hand.
What happens if we miss an opportunity?
Absolutely nothing to worry about.
If one opportunity goes, another one will come.
Just notice how every single day the 'biggest gainer' or 'top earner' is a different one.
So take your time to set your strategy, another opportunity is coming up... Thanks a lot for reading.
Make sure to hit LIKE to show your support.
This is Alan Masters, wishing you the best above all.
Namaste.
Comment:
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