alanmasters

Bitcoin Going To... 100% Original EMAs Analysis |$10800 or $8000

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
This is 100% original content/analysis... Please hit LIKE to support this post.

So, what is going to happen next with Bitcoin ( XBTUSD )?

Now I share analysis of the EMAs that I learned through experience... Here is the sequence:

1) XBTUSD ( Bitcoin ) breaks below EMA50 on the 9-May, by the 13-May XBTUSD is back above EMA50.

In this case, EMA200 was hit (brown line) on a long-wick drop, so we can say this level was tested or that this level worked as support.

2) Prices move back above EMA50 but result in a 'lower high'. This peak was hit on 17-May at $9979, this is a lower high compared to the peak hit 7-May at $10085.5 before prices dropped below EMA50 for the first time.

3) Prices just broke below EMA50 once more after the lower high... This sequence tells me that Bitcoin will go down and test at the least EMA200 again on the next drop, but since this level was already tested it can easily go lower and test the EMA300/MA200 price range.

Based on this analysis, we are looking at $8420.5/$8558.5 next... Of course, the chart can always change.

Below we have the Bitcoin Sideways scenario...
Would you like to see the full updated XBTUSD trade with leverage?
Make sure to hit LIKE... We will share it at 222...


Thanks a lot for your support.

Namaste.
Comment: 🅱️ Bitcoin Support Broken, What Next?

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Comment: -
(ALTCOINS | SWITCH) Bitcoin Sideways, How Long?

"The best time for the altcoins market happens when Bitcoin is going sideways...

"When Bitcoin goes sideways the Altcoins tend to grow".
Comment: ☘️ HEY! YOU NEED TO FOCUS

It doesn't matter if what you want is small.

It doesn't matter if it is big, if it is money, if you are looking for emotions, life, peace, excitement, love...

You need to focus your energy on what you want...

Look at the bright side of things, think of all that has not been lost.

"Energy flows where attention goes".

For a better situation, send your attention towards your likings, towards a better life, towards your goals.

As you start visualizing your new reality, you will now get the results that you want.

Namaste.
Comment: As promised here is the full trade.

- This is not financial advice.
- This is not a buy/sell recommendation.
- Trade at your own risk.
- This is already passed our "buy" price so it isn't 'valid' anymore...

May 20, 2020 with 200 Likes (Thanks a lot for the support)

----------
Trade: SHORT XBTUSD | Bitcoin 💎 @BBLREGBOT

Leverage: 10X

Buy-in: $9600 - $9900

Targets:

*) $9280 |Hit 18-May (+53%)
1) $9090 |Hit 21-May (+75%)
2) $8870 |Hit 21-May (+102%)
3) $8600
4) $8200
5) $7710
6) $6900

Stop-loss: Close daily (D) candle above $10100

Liq. price: $10809.5
(Buy-in calculated at $9772.5)

Potential profits: 416%

Capital allocation: 6%.
-------

Namaste.
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Comments

Well I guess when you say it can go either way you are always right. Calling which way it will go would show validity to your TA.
+6 Reply
alanmasters yeaicanpushit
@yeaicanpushit, For that I have my trades, here I am only analyzing/reading the chart.

We keep these two separate, analysis and trading.

Hope that helps.

Namaste.
Reply
alanmasters yeaicanpushit
@yeaicanpushit, TA is not the same as Trading.

We have active trades for BTCUSD short, very clear signals.

Here we are just reading the chart.

Namaste.
Reply
I think bitcoin might go up or down.
+2 Reply
@tomstoj, Down.
Reply
love to see 222 likes, as a synchronicities :)
+2 Reply
alanmasters crypto_jogja
@crypto_jogja, Thanks a lot for the support, just a few more.
Reply
Great to see you have both scenarios playing out. I have got this in mind also but im leaning more towards bearish
+1 Reply
alanmasters Cryptonite_trader
@Cryptonite_trader, I am also more on the bearish side.
+1 Reply
alanmasters Cryptonite_trader
@Cryptonite_trader, Thanks for sharing.
Reply
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