Bitcoin 1H Daily Update | Bulls Still Ahead, PatienceWe are looking at the 1H timeframe for Bitcoin, where we share our short-term trading ideas.
We can see that the bulls are still ahead.
This is an update to my previous 13-Jan. article.
After the 13-Jan. peak, Bitcoin hit a new low (higher low) on 14-Jan.
The main low came out 10-Jan. These are all marked with green circles.
The MACD has entered the bullish zone and the RSI is strong.
MA200 was tested as support twice and it holds.
The Bulls Are Still Ahead.
Short-term.
Patience is key.
Namaste.
Altcoins
Bitcoin 4H Daily Short-Term Update (Bullish)Bitcoin is looking good short-term across multiple timeframes...
The 1H timeframe is looking good as mentioned in our previous trade idea, we have a rising channel with higher highs.
Now, the 4H timeframe is also looking good.
As BTCUSD is trading above EMA10, EMA21 and EMA50, we see a bullish breakout happening now.
The cup pattern is now in full display signaling that our low/bottom is already in.
The MACD looks good above zero/bullish.
The RSI is super strong.
Slow and steady and we believe it will start to speed up.
Conditions for change
We remain bullish above the 10-Jan. low at $39558.
Any trading above this level we are bullish.
If prices move below $39.5K we start to consider the bearish scenario.
We are bullish now.
Enjoy.
Namaste.
Bitcoin 1H Daily Short-Term Update (Bullish)Good morning my fellow cryptocurrency traders, how is Bitcoin looking up today?
We have the short-term chart, 1H timeframe, with a positive outlook.
- We have been seeing higher lows within an ascending channel.
- BTCUSD 1H managed to break and close above the MA200 black line.
- We have a strong RSI and bullish MACD.
- Prices remain safely trading above EMA10/EMA21.
The bulls stay ahead.
We continue aiming at higher prices, slow and steady so far.
The dashed blue line and spaces marked on the chart are for support.
Namaste.
Bitcoin 4h Short-Term Update + Bullish Target ($48K & Beyond)Slowly but surely Bitcoin (BTCUSD) is starting to recover.
Here we are looking at the short-term chart, 4h timeframe.
We can notice the classic cup pattern starting to form, this is very common when a bottom/low takes place.
After the cup pattern a bullish jump tends to follow.
We have bears and bulls fighting with EMA50 being the next immediate resistance at $43,195.
This is our last barrier short-term, if EMA50 can be taken out we can look forward to $48,000 and beyond.
Additional details on the chart.
Check the related trade ideas below for previous articles .
Thanks a lot for your support.
Namaste.
The Last Drop | Bitcoin Will Resume Growing January 2022Bitcoin last drop is very likely in and we are about to move up... Let's go into details.
Bitcoin has been dropping since the 10 of November with no relief rally/bounce, nothing at all, basically we have been going straight down.
That's 60 days in the red.
The RSI has been ranging near the oversold/weak line for a while now. Normally, Bitcoin tends to recover strong once the daily RSI goes oversold.
We had a recent attempt by the bears to push prices lower which ended up in a rejection, this can be appreciated in the lower timeframes.
Bitcoin's last drop!
Here are the two main bullish scenarios that we look forward to this month.
1) The drop is already over. We will see the green arrow materialize next.
2) One final drop/wick. There is a the possibility of one final wick, a long wick, before a relief rally can take place. This scenario also has good potential and will only extend the correction for a few more days, maximum a week or two...
Conclusion
Bitcoin will go green by the 15th of this month.
What's your take?
Do you agree with this analysis?
Feel free to hit LIKE and leave a comment with your targets.
Thanks a lot for your continued support.
Namaste.
Time To Buy Bitcoin? Volatility Kicks In!We have a very long lower wick on today's candle after some volatility kicked in.
The Fear & Greed Index for Bitcoin is now at "Extreme Fear"... What happens next?
Looking at the 1H timeframe, we can see a candle wick going as low as $39558 but closing at $40809.
The the following candle pushed prices back above EMA10 on high volume.
See the chart:
This recent low coincides with September 2021, opening the doors for a double bottom.
The blue arrow show the potential bullish path.
(Potential is now opening for a bullish bounce).
If the bulls fail to push prices above EMA10 this week, we can expect a test of lower support.
This is not financial advice.
Remember to do your own research before trading.
Namaste.
Altcoin Season Baby!We recently got to see Altcoins really holding well no matter what if BTC is pumping or dumping. Also many have started to pop already! 200-400% gains!
After so long time finally, a Bearish Cross happening on MACD Monthly Bitcoin Dominance chart!
Is everyone prepared for an Altcoin Season?
I hope most of you have bought their favorite gems and ready to moon!!
Let me know your favorite altcoins in the comment!
Trading Signal For TRUUSDT Trading Signal:
A Trading Signal is seen in the TRUUSDT TrueFi
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.253
⭕️SL : Close Below 0.238
🔵TP1 @ 0.301
🔵TP2 @ 0.348
🔵TP3 @ 0.462
If you liked our ideas, please support us with your likes 👍 and comments .
Happy New Bitcoin 2022Yesterday Bitcoin managed to close above EMA10 and EMA21 with average volume... This is good and supports our previous idea of a bounce next before anything else.
By "bounce" I mean prices moving up from the most recent low but not necessarily for a long-term upward move but it can just to later hit a new low.
Of course, things are always changing and the bounce can lead to a reversal and we see prices print additional growth.
That's not the point right now.
EMA50 has been tested as resistance.
We have not strong enough indicators...
We are likely to see Bitcoin close 2021 around $47,000 and $50,000 depending on how the day goes.
Happy New Year 2022.
Amazing year that it was 2021.
I am wishing you the best financial success ever in 2022...
I am wishing robust health, good feelings, great moments...
I am sending you appreciation in the form of LOVE!
See you around.
Thank you for being with us all this time.
Thanks a lot for your amazing support.
Thank you!
Namaste.
Bitcoin Daily Short-Term UpdateGoing a bit deeper, 1H TF, let's see what BTCUSD has to say.
A few hours ago we can see a clear break of EMA10, EMA21 and EMA50 as resistance with good volume.
Even though though we have good volume on the next 4 consecutive red candles, BTCUSD remains above EMA10 and the other emas, signaling that the bulls are doing it but slow.
The red marked space is the main short-term support.
As long as we stay above this level, we can expect additional growth.
This is a short-term analysis.
Things can change fast.
I will be giving you more updates as the charts continue to evolve.
Happy New Year 2022!
Thanks a lot for your continued support.
Namaste.
Bitcoin Daily Short-Term Update | Additional SignalsWe have additional data when looking at the 1H timeframe, really short-term.
First, we have the falling wedge chart pattern giving us a bullish signal; this has already broken bullish.
The last two candles puts BTCUSD 1H above EMA10 and EMA21, signaling that the bulls are taking the reins short-term.
We also have a rising RSI with hidden bullish divergence.
We will see how it goes.
Blessed be your Soul.
Namaste.
Bitcoin Daily Short-Term UpdateWe are going to be looking daily at Bitcoin (BTCUSD) either on the 1H, 2H or 4H timeframe, sending out short-term updates... Stay tuned and please bless us with your support.
Looking back at the 4H timeframe, the same TF as yesterday, we have a Doji to close Dec. 29.
The Doji when coming up as it is showing on this chart can work as a reversal signal.
Another point in favor of the bulls/recovery is the RSI.
We are seeing Bitcoin trading near "oversold" and this doesn't last long normally.
Bitcoin tends to jump as soon as oversold is hit.
Warning: Futures expiring on Friday (tomorrow). This can be a mixed event so watch out.
Here I am mapping this as a bounce followed by a drop (green then red arrows), but we are hopefully looking at straight up.
See the chart.
Hit LIKE!
Leave a comment if you wish.
Thanks for your support.
Namaste.
Not So Fast... Another Shakeout? Bitcoin Back To $56K Soon!Patience is key or so we love to say...
Bitcoin (BTCUSD) had a small drop yesterday but this is nothing to worry about.
Here I have the 4h timeframe chart just to show you... Hit LIKE now and let's get started!
We have a long-lower wick on the current candle and also higher lows compared to early and mid-December.
Which side are you on?
Are you bearish on Bitcoin or do you think its price will grow?
I am bullish above $45K with a $43K manual stop-loss with a target at $57K and beyond.
Remember, it doesn't matter what the chart says or what the market does...
Plan before hand/be prepared, set your goals, diversify and that's all.
Namaste.
2 Possible Scenarios Hello Fellow Traders, We are currently witnessing/participating in historic times BTC is currently trading at new levels of support trading around 50K USD, i personally don’t believe we are in a Bear season even though The US Dollar is being Printed more than ever. Right now the Crypto Fear & Greed Index is at extreme Fear as people are scared to buy when it's time to be Greedy!!! I Personally believe that when we enter the first quarter of next year BTC will hit levels around 80K which is a 60% increase which will mean incredible gains for Altcoins. Alt Season May be here soon than anticipated!
Bitcoin Straight Up? Short-Term AnalysisWe have multiple signals telling us that Bitcoin can move straight up.
Looking at the 2h timeframe for BTCUSD, we can see prices trading above EMA10 and all other EMAs.
The trading volume is still low but we are seeing steady growth, the bulls pushing higher.
We have a very strong RSI to support additional growth.
The next resistance is set at $52,000 followed by $54,000, short-term.
Support is set at $48,650 to $50,000.
I say we go up this weekend... What do you say?
Leave us a comment.
Namaste.
Bitcoin Moves Ahead!After testing MA200 as support and holding Bitcoin is starting to recover.
At first it was hard for some to see that a recovery was about to take place, but it is looking much better now.
We have the same signals as before but stronger, these are not "early" signals anymore.
See the previous trade idea below for the data... (Dec. 20)
Can Bitcoin Recover Now? End Of Year Rally Early Signals!
Wishing you a lovely Christmas and happy holidays.
Namaste.
Can Bitcoin Recover Now? End Of Year Rally Early Signals!It is true that the bears have been shinning and Bitcoin took a timeout from any additional growth.
We've seen red and red...
Aren't you tired?
We want a bullish Bitcoin... Yes or no?
No need to hit LIKE now or FOLLOW... Let's read first and if you enjoy the analysis...
Bitcoin (BTCUSD) Daily Timeframe Chart Analysis | Early Bullish Signals
Bitcoin peaked 10-Nov. 2021 at $69,000.
It crashed by a massive 39% and this correction has been going for 40 days strong.
Bitcoin is the eternal bull.
Bitcoin is always bullish...
Even if we are to get lower prices;
Nothing moves in a straight line, we have to see a bounce and that's exactly what is likely going on.
Let's get technical.
The first "early signal" is the RSI, it hit its lowest level since May 2021 over 6 months ago.
Once Bitcoin hits oversold it normally tends to move up.
The RSI hit these levels and has been in accumulation mode, after accumulation a bullish breakout is the norm.
If you look at the MACD, still on the bearish side but we are early... See it below:
We have the classic bullish cross after a higher low.
Last time we had this signal, with the histogram going green, prices moved up.
Last but not the least is the EMA50 and EMA100 bearish cross.
This is a mid-term bearish signal but when it comes up an imminent bounce can take places as the green arrows show.
It is not only the chart...
I got this feeling telling me that Bitcoin is going up!
Do you agree?
Feel free to hit LIKE now and FOLLOW!
Thanks a lot for the continued support.
Namaste.
Bitcoin Weekly Close Analysis | Is There Any Hope or Crash AheadForget about hitting like & follow. Let's read!
Bitcoin weekly is still trading above a very important level and that is EMA50 ($44720).
This is a critical support.
Last time EMA50 was tested as support between May and July. The level held and prices moved up.
So far EMA50 weekly was hit only on the 29-Nov. week. This and the previous week prices have been trading above this level on low volume.
Staying above support can lead to a pullback but, if EMA50 breaks prepare for another strong, long, fast lower-wick as we saw in early December ( see here ).
We have additional signals on this timeframe like the MACD bearish cross and bearish divergence but we already looked at those in a previous article ( see here ).
On the daily timeframe, BTCUSD is trading below EMA10 and MA200. This is bad news.
Closing below MA200 specifically today would signal that the bears are not done yet short-term.
If Bitcoin is to recover it needs to happen fast or else we will see another strong crash in a matter of days...
Now you can hit LIKE and FOLLOW.
Thanks a lot for your continued support.
Namaste.
Ethereum On The Weekly | Tips To Make Money Trading!I was looking at Ethereum (ETHUSDT) daily and was having a hard time deciding which way to go, what to look for, what is happening now and what is likely to happen next.
I set the timeframe to weekly (W) and multiple signals showed up right away.
Ethereum Chart Analysis by Alan Santana
Looking at this chart, ETHUSDT has been correcting since November.
Prices have been dropping since.
This week ETHUSDT goes below EMA10 for the first time since September where it lasted only a few days.
Before prices would always trade above EMA10 since July.
Going below EMA10 would definitely favor the bears but here is the thing... Closing below it now can signal multiple months or more of bear market, there is so much room for lower.
Now, above EMA10 or $4070 the short-term bullish potential is reignited; Currently, the bears (red) are in control.
Ethereum vs Tether (ETHUSD) Additional Chart Signals
We have a bearish cross on the MACD. Full blown.
We have bearish divergence with the MACD and RSI, very strong as well. This divergence has been present since May.
MACD histogram is going red while the RSI is trending lower.
I sold around mid-Nov...
I am wondering if I sold enough?
Anyways, I am ready for multiple months...
When prices go really low, we call it a "buyers" market and that's when the time comes to load up.
The market moves in cycles, it just goes up and down, up and down, down and up...
To be successful in this game plan long-term.
Never consider a drop in your capital as a loss.
You only lose if you sell below your buy price.
Don't need to consider an increase in your capital as a win.
You only win if you sell above your buy price...
You see how that works?
The markets will always fluctuate...
It will be always going up and down, down and up.
Being successful or not will depend on your trading plan, your strategy and mainly your goals.
If your goal is to generate just a few $ks per month with a good capital, you don't need to trade much.
If you are trying to get rich quick, make money fast, then you are very likely to end up losing it all.
If you can make money fast;
You can make money slow.
If you cannot make money in 10 years or 5 years, you won't be able to make it in 3 days or 3 weeks.
So, try and see how much money you can make in 1 year (maybe 3 months) trading and if you are successful you can try and make money faster but keep in mind that most people will end up losing if they are trading without a plan, in the long-run.
Instead of focusing on quick/fast money, focus on sound, well thoughtout, planned, long-term, long-lasting, stable, beautiful money.
:D
Thanks a lot for your support.
Namaste.
Bitcoin Bearish Correction Still On!Hello my fellow trader, how are you feeling today?
The Bitcoin correction we looked at recently is still on, we are aiming for lower prices.
The black line stands for MA200 ($46,910).
Below this level the next bearish impulse can happen.
Above MA200 we are on support.
Current critical support range $44,700 - $47,000.
For additional details read the previous trade ideas below:
Bitcoin Monthly Full Chart Analysis (4-Dec.)
Bitcoin Weekly Support Levels Past History | EMA300/MA200 at $18K (4-Dec.)
Warning! How Far Down Will Bitcoin Go? $44K, $30K, $20K & More (3-Dec.)
Thank you for reading.
Namaste.