Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been printing higher lows since... Looking at this setup, a new possibility emerges. After the strong drop around the 24-Sept., the bear volume has been low and Bitcoin recently managed to break above EMA10 on the daily timeframe. Above EMA10 gives us bullish potential... Now that EMA10 has been conquered,...
Bitcoin (BTCUSD) reached a peak price in late June... Old news, and moved down to test EMA10... After some consolidation, EMA10 was broken and now Bitcoin's price is trading just above EMA50. Looking at the bearishness of this chart, EMA50 can breakdown next just as EMA10 broke. If this level breaks, the next support is sitting at around $6,350 or EMA100. From...
Bitcoin (BTCUSD) is showing early reversal signals. We can see its price now moving above EMA10 and gaining momentum. If this movement continues, we can expect Bitcoin to hit $8,088 easily followed by $8,200 after. The $7800 - $7900 range is where we can now find strong support. If prices move lower, this will be a very important level. Right now,...
Bitcoin (BTCUSD) took a two days break and is starting to bounce. It is challenging EMA10 right now after a false breakdown below the 0.786 Fib. retracement level from the last bullish wave. If BTCUSD can remain above EMA10 ($8057), this is a good signal telling us that it is likely to go higher. But if BTCUSD moves below $7993 (0.786 Fib. retracement support),...
Bitcoin (BTCUSD) did not move to 9k, which is obvious, it continues consolidating within a range... Sideways Bitcoin = Altcoins Growth My previous analysis on Bitcoin remains valid (you can see it below), we now proceed to take a look at the Altcoins growing more and more. Bitcoin (XBTUSD) Moving Aries | $8.6 -$9k | Short-Term Full Moon ALTCOINS Market...
Bitcoin (XBTUSD) is likely moving higher now... but why? On the chart above, take a look at the trend line... This trendline worked as a strong resistance pushing Bitcoins price down multiple times. After it was broken, Bitcoin challenged the next resistance and came back down to retest the trendline... The trendline held successfully and Bitcoin is now showing...
Following up on our last Bitcoin (BTCUSD) analysis... Will it hit $9,000 Today? Volume is still low but gaining momentum. Now trading above EMA10 and EMA50. RSI is now on the bullish zone. Bitcoin is strong and the altcoins continue to grow. Previous analysis: Thanks a lot for your continued support. Namaste.
Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been moving higher, slowly, since... A peak price was hit yesterday (11-Oct.) at $8,820 with a long-wick/huge rejection candlestick. But still, we believe Bitcoin will bounce and move higher, why? The volume on the drop is really low... Bears are lacking strength. If Bitcoin drops some more and there is...
Most people believe that Bitcoin (BTCUSD) is entering a consolidation phase (green triangle) which will lead to a bullish explosion pushing bitcoin higher in value. A repetition of what we saw in late 2019 and early 2020. If this scenario comes to pass, we can see Bitcoin hit $28,000+ in early 2020 and beyond... We've looked at the short-term view, bearish...
Is the Bitcoin (BTCUSD) chart changing? Have we gone from bullish to bearish short-term after we hit 3 targets for our last BTCUSD trade? Let's take a look... Feel free to hit like if you want to now show your support. ______ On the chart above we have the 'UPPER TRENDLINE' and 'LOWER TRENDLINE'... This is the range in which Bitcoin is trading right now....
Bitcoin (BTCUSD) just printed a strong bullish candlestick pattern, but we are not there yet... Feel free to hit LIKE now and let's get started with this analysis... Thanks a lot for your support. Bitcoin (BTCUSD) | Daily (D) Timeframe Analysis Circled in green, we can see the bullish engulfing pattern. We can see a young bullish MACD crossover. MACD...
Bitcoin (BTCUSD) short-term drop, as seen in my previous analysis, is coming to an end. We can look into any pair short, mid and long-term. We are looking into Bitcoin (BTCUSD / XBTUSD) daily, in order to determine its next move. Our main target now is $8500. We went from SHORT to LONG... Conditions for change Remember that this situation/chart can easily...
MATIC Network (MATICBTC) continues strong after our analysis shared on the 7-August. The low has been maintained, we are seeing slow and steady growth. Previous analysis: Now, we are getting signals that MATICBTC can move higher, let's take a look at those: We are seeing a bounce after a potential higher low. MATICBTC moved above EMA5 and EMA10, the...
Bitcoin (BTCUSD) is still aiming lower. We have a short since $8200 and we think our remaining two targets will hit... Bitcoin is trading below EMA300 on the daily time frame, so another leg down might happen before testing resistance back up... Here is the chart: Below you can find the full details of our trade, remember that this is HIGH-RISK and not...
Bitcoin (BTCUSD) remains bullish on the monthly timeframe. We are not used to seeing a "long-term" bearish Bitcoin. We are not used to seeing Bitcoin consolidate/go lower for months. There was only one occasion where Bitcoin went negative for six months straight. That was between August 2018 and January 2019... What followed was the BTC 2019 bull-run which...
Bitcoin (BTCUSD) is trading below EMA10 and gaining momentum on the 1h timeframe. EMA50 is also being broken now and we marked the next target. Support is found next at $8218, which is the 0.382 Fib. retracement level from the last bullish wave. The next support that follows if the above breaks are $8122 and finally $8027. On the way up, Bitcoin needs to break...
Bitcoin (BTCUSD) isn't out of the bear hands yet short-term, the move to $9000-$9200 isn't confirmed, but why? As you can see in the chart above, Bitcoin is still trading below EMA10, which is now sitting at $8547. For Bitcoin (BTCUSD) to signal bullish potential short-term, we need a close above this level. Since Bitcoin is trading below it, it has the...
Bitcoin (BTCUSD) is now moving within a descending channel, going lower. Now I am seeing a potential bounce in place or further drop. Bitcoin can easily move lower, according to the chart above, but a bounce is also very likely. As for the mid $6,500 price (I am looking at the $6200 - $6500 range), I am looking at this level for Bitcoin (BTCUSD) to fully...