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Alanmasterstrades

It Looks Like Bitcoin Can Jump Anytime Now, What's Your Take? Bitcoin ( BTCUSD ) has been consolidating while prices remain above EMA10, EMA50, and EMA100, telling us that the bulls have the upper hand. We can also see the ascending triangle pattern which also leans towards the bulls. We can also see the ascending triangle pattern which also leans towards the bulls. A breakout might happen soon... Where do you think prices are headed? Share with us in the comments section below. Thanks a lot for your support. Namaste.
BITFINEX:BTCUSD
by AlanSantana
Can Bitcoin Go To $10,000+? New Bullish Scenario Considered +...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, the next target becomes EMA50 which is sitting at $8800+, but $8588 needs to be taken out first. Let's take a close look at the RSI (Relative Strength Index) indicator to see if it support further growth Here you can see BTCUSD RSI's trading above resistance (red dashed line) New low (oversold/weak) was hit on the 26-Sept. and now it is gaining momentum up. Can easily hit up to 67 to support this move as strong. What about the MACD (Moving Average Convergence Divergence) indicator? Let's take a close look at it as well: Even though it doesn't look as good as the RSI, the MACD is also trading above resistance (red dashed line) and this setup allows for additional growth. If the MACD decides to move lower, it immediately has strong support. The histogram is now green... Only follow up is needed by bulls, which can come as early as Wednesday or Thursday. Here we took a more detailed look at our classic indicators and the Bitcoin (BTCUSD) chart in general shorter-term. If you are looking for the LONG-TERM view, check the trade idea below: Thanks a lot for reading and your continued support. This is Alan Masters. P.S. I don't buy likes and traffic either, so if you enjoy this content and would like to show your support feel free to hit LIKE. :) This is not financial advice. Namaste.
BITSTAMP:BTCUSDLong
by AlanSantana
Bitcoin Still Aiming At $7,700 | Hit Or Bounce To $9.2K?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 financial advice . Leveraged trades are intended for advanced/experienced traders only. If you are a beginner, stick to the altcoins on Binance, Bittrex, Huobi, Poloniex, HitBTC, etc. Thanks a lot for your support. ______________ Trade: SHORT XBTUSD (Bitcoin) Leverage: 6X Buy-in: $8,050 - $8,150 Targets: (1) $7,900 |Hit (+14.58%) (2) $7,800 (3) $7,700 Stop-loss: Close 4h candle above $8,195. Liq. price: $9,652 (Buy-in calculated at $8,092) Potential profits: 30.5% Capital allocation: 6%. ______________ Make sure to hit like for more and to show your support. Use the comments section below for questions and to share your charts. Namaste. _____________ Previous analysis | Bitcoin's Next Move Short-Term ($7,700 or $9,200?)
BITSTAMP:BTCUSD
by AlanSantana
Bitcoin Bullish vs Bearish Long-Term | $5,065 - $5,400 BottomBitcoin (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 produced over 340% in growth. Right now we see Bitcoin consolidating. 3 Bearish/red consecutive monthly candlestick closed, yet Bitcoin remains trading above EMA10. Above EMA10 = Bullish Below EMA10 = Bearish So Bitcoin can easily move higher long-term if it can remain above this level. If EMA10 breaks with good strength and volume, now sitting at $7843. We can expect Bitcoin to test the $5065 level or EMA50. I am looking at two scenarios mainly and they go as follow: 1) Bitcoin remains above EMA10. Here we follow the green arrow. In this scenario, EMA10 holds as support and Bitcoin does a slow and steady long-term climb towards new All-Time High. 2) Bitcoin breaks below EMA10. Here we follow the red arrow if support is broken. If Bitcoin (BTCUSD) breaks and closes below EMA10, it is very likely to test EMA50 at $5065-$5400. If this scenario becomes true this is the lowest we believe Bitcoin can go. In this case, we follow the red+purple arrows. FEELING THE MARKET We believe that EMA50 ($5000 - $5400) will be tested before a new all-time high is produced. Share your thoughts in the comments section below. Thanks a lot for reading. Namaste.
BITSTAMP:BTCUSD
by AlanSantana
1
Bitcoin Faces Resistance | $9.6k or $11,3k? | Altcoins Market InBitcoin's rise to the top has been stopped by heavy resistance... Let's take a look at the chart together and see what will happen next and the different potential scenarios... Feel free to hit like to show some support. Bitcoin Daily (1D) Chart Analysis by Alan Masters Good Saturday, let's start by calling our attention to the "Purple trendline", notice how it stopped Bitcoin's growth multiple times, 4 total... This is an important resistance level. We can say that if Bitcoin manages to remain above this level, it can easily move higher (green arrows). The "Brown trendline" at the bottom is working as our main support for the range trading/consolidation phase. After BTCUSD was rejected for the fourth time from the purple trendline, it is likely to test lower support... But we trade based on candle close and we see Bitcoin staying above EMA10 and EMA50. If these levels hold, namely $10,300 - $10,350, Bitcoin can try and challenge the upside again... But if this level breaks, we are looking at around $9500 - $9650 next. The RSI remains strong above 50. Here we have to wait and see how the charts will develop. Our main bullish vs bearish potential indicator is the EMA10 line, so we remain bullish as long as BTCUSD is trading above this level. On a break below EMA10, we look for support. Overall, Bitcoin is likely to move lower since it already touched the purple trendline again and was rejected. In order to move any higher, this is the resistance that needs to break FIRST. If it can't be broken, Bitcoin moves lower... Altcoins Market Update I've been looking at many ALTSBTC charts and some did massive numbers in the past 2 weeks, numbers we haven't seen in months... But at the same time, many others went lower and hit new lows... What is going on? Now we see the strongest altcoins pairs (all top altcoins minus top 10) maintaining their last low and even moving higher. We see Bread (BRDBTC) which made a 100%+ move today... In conclusion, the altcoins pairs vs Bitcoin will move strong starting now and after the 15-18 September. We all had plenty of time to accumulate, buy and go long. We all had plenty of time to see the market red going down more and more. We only have a few days left and big change will come to us... So get ready... Be prepared... The Altcoins Market will run like never before! Feel free to share your charts and ask any questions, on the comments section below... Namaste.
BITFINEX:BTCUSD
by AlanSantana
Bitcoin's Next Move (Short Term Keeping It Simple) Altcoins (IN)I will make it really simple for us (me and you) right now. Here is how this works... But wait, make sure to hit like before we get started... Ok, thanks a lot for the support, let's continue! We have been looking at EMA100 as main resistance, which is the blue line that has rejected Bitcoin's growth several times in the recent past. Looking at this moving average, we can come up with a few simple scenarios: 1) If EMA100 can be conquered, a close above it with good strength and volume. Bitcoin moves up and challenges the next resistance at $4300. If this one can be broken then $4640 is next. 2) If EMA100 can't be broken, Bitcoin goes back down to test EMA10/50. Pretty simple. My view: Volume is starting to grow on a Wednesday. The daily candle still has 11 more hours. So there is a big chance that Bitcoin can break EMA100 and continue with its move up, but instead of guessing, we will let the market decide. The RSI is really bullish now sitting at 60 and going higher. Altcoins Market Update Our altcoins continue to bless us with massive profits. I am sharing 10 charts daily with many different opportunities, make sure to visit my profile every day, hit like on everything and profit with us. Your support is truly appreciated. The biggest gainer is Everex (EVXBTC) with 460%+ profits in just 2 days. See all the details here: ETHOS (BQXBTC) is yet to move but has huge potential: Viberate (VIBBTC) gave us over 140% profits already: openANX (3rd Round), over 220%: Finally, let me share with you my latest Masters Level BitMEX trade for EOSM19, which generated over 147% ROE within 24 hours of sharing (more to come): More altcoins: Time New Bank (TNBBTC) +105% Tieron (TNTBTC) +61% Nuls (NULSBTC) +72% YOYOW (YOYOBTC) +35% Feel free to leave a comment if you have any questions or want to share anything with us. Your opinion is valuable and highly appreciated. This is Alan Masters. Namaste.
BITFINEX:BTCUSD
by AlanSantana