YOYOW Quick Update (100%+ Possible)YOYOBTC closed above MA200 yesterday and today has gone green.
We have a long upper wick 28-Nov. which we take as a removal of resistance.
This means that prices can easily grow now after this long wick candle showed up.
Bullish indicators, above EMAs/MA and all the rest.
Patience is key.
Be grateful for the profits when they come.
Accept any mistakes and losses if they come.
Keep on insisting...
Keep trying...
Keep learning and growing...
You will have everything that you always wanted.
You will blessed with the best always because you are a beautiful and Divine living Soul.
Namaste.
Altcoins
As The Next BTC Drop Approaches, The Altcoins Are Set To Boom!We are now seeing an inverse correlation between Bitcoin on our Altcoins vs Bitcoin trades/pairs.
We had just a few short days of the Altcoins calming down but they are starting to heat up.
As the next Bitcoin drop approaches, the Altcoins are getting ready to grow.
We will see many, many pairs jumping really strong as this week develops.
We will see increases in 2 digits and 3 digits, with dozens of pairs moving every day.
Mainly Altcoins vs Bitcoin but also Altcoins vs Stable (USDT) will go GREEN as well.
Note: Bitcoin above $44,000 we still consider very, very strong.
As long as we have a strong Bitcoin, the entire cryptocurrency market is set to grow.
Namaste.
Stacks (STX) Hits New High Compared To April 2021 - Great NewsWe are technical analysts and we love the charts.
We love the candles and the amazing tool that this is.
Since you can get everything from the charts, hardly ever we take the fundamentals into account.
Here is one exception though, we love Stacks as a project and we have been trading this pair for long.
STXBTC (Stacks) hits a new high today compared to April 2021.
Like most Altcoins vs Bitcoin pairs;
The bullish action started after the low set late 2020 early 2021, prices started to grow.
A peak was hit in April (others peaked in March/May) and then we had a correction that ended in a higher low.
Higher lows lead to higher highs...
And now we grow.
After almost 8 longs months, we have a new high which is extremely bullish for this pair and the rest of the Altcoins market as a whole.
Remember, they are all connected.
What one pair those, the rest is sure to follow.
We are set for at least 1 more year of higher highs and higher lows.
Thanks for reading.
Always hit LIKE to support my work and for more.
Namaste.
I AM A Bitcoin Bull | When Will The Correction Be Over?I've been receiving some lack of love lately due to the fact that Bitcoin is in correction mode and I am pointing this out... I understand, I AM A Bitcoin Bull!
None of us want to see Bitcoin going down, it is very annoying and our capital definitely drops, doesn't feel nice but I am here reading the charts, for you.
When the charts are bullish I share bullish.
When the charts are bearish I share bearish.
Please keep this in mind.
Once I saw that Bitcoin was about to peak, believing it had peaked, I started sharing those trade ideas warning everybody about what I was seeing.
It has nothing to do with the news, it all came from the charts.
Knowing before hand what will happen can be really helpful, I manage to sell my share almost at the top.
Now the correction is on.
We will have a different look at the BTCUSD chart.
How far lower can Bitcoin go?
For how long will this correction continue?
These are very hard questions, rarely ever I try and predict time estimation but instead focus on direction.
I can look at the charts and see when a breakout or breakdown is about to take place, but when this happens exactly is whole different game.
In this case, we will look at the different scenarios... We are going to speculate.
(1) This is all the is | Correction is over!
This scenario goes with the people that are saying that Bitcoin already hit support. Prices are currently on the 0.382 fib. retracement level coinciding with EMA100, so it should recover and move up.
This is possible but I don't believe this what is going on.
Yesterday we had a strong bearish candle and the first break and close below EMA100 on high volume, this bearish signal is strong.
On all movements, there are pullbacks and retraces; meaning, you can have a small bounce and then see prices drop.
Just like it happened from Thursday to Friday, Bitcoin moved to ~$59,000 only to drop strong.
After yesterday's bearish candle, we need a few more days/candles for confirmation, it can easily go lower...
You can see something like this: or straight down.
(2) Straight down | Correction Continuation!
The next scenario is the possibility to see prices moving straight down within the descending channel Bitcoin is on right now. This is easily possible.
We would then see a bounce on the next support.
(3) Full Blown Shakeout | Give Me The Long-Wick!
The last scenario can be what people least expect but still possible and that's the huge/fast sudden drop.
We are bullish.
We are still aiming higher, $80,000, $100,000 or more.
For this to happen, the whales first need to load up, this is normally done by shaking out weak hands, panic can be caused with a very strong drop.
We see a strong drop breaking down support followed by a very long lower wick.
After the last support is hit, prices can recover and we see everything going back to green.
Personally I am going with a mix of the second and third scenarios, where Bitcoin moves a bit lower, becomes a little shaky and then resumes growing.
This can take anywhere between 1-3 weeks.
This is just my guess.
I do not predict these markets. All I do is buy before the breakout and sell when the price of a pair increases.
If the market is about to go bearish, I sell for profits and then go back to sleep!
What about you, for how long do you think this correction will continue?
How low do you believe that Bitcoin will go?
Share with us in the comments section.
Thanks a lot for your amazing and continued support.
Namaste.
Bitcoin Very Likely Continue Lower +Targets (Multiple Analysis) The Bitcoin discount is now fully live but we are likely to continue lower, based on the chart technicals.
We are having Black Friday and then Cyber Monday Bitcoin Discounts on BTC.
Here let me share with you multiple analysis from earlier this month (the are all bearish):
I Think We Go Up But Before Up We Go Down! Bitcoin $100,000 Soon
Do You Think All Hell Is Breaking Loose? Bitcoin Weekly Targets
Small Cap. Altcoins Move, Bigger Still Correct | New Prediction
The Descent Continues | $50,000 Followed by $45,000 | Bitcoin
DXY (US Dollar Index) vs BTC (Bitcoin) | Inverse Relation
Bitcoin Aims At $50,814 Short-Term + Altcoins Update
Bitcoin Bounce? Caution, $3B Options Expire!
Bitcoin Daily Chart Analysis
Today we have prices moving below the EMA100 blue line. This can spell disaster or simply lower prices.
Below EMA100, the next support level is set at around $49,000 - $51,000 .
If it goes even lower, we are looking at MA200/EMA300 on the $44,000 to $46,000 price range.
When will Bitcoin recover?
How fast or how much lower can it go, we can know soon after allowing this move to develop.
Closing today below EMA100 would be strongly bearish but if prices recover and close above it things can change.
Meanwhile, we continue aiming lower.
Namaste.
Small Cap. Altcoins Move, Bigger Still Correct | New Prediction As we predicted the smaller altcoins (small by market capitalization) are now starting to move strong.
The bigger Altcoins and Bitcoin remain in correction mode.
What Happens Next?
This is our time and that is when the Altcoins (all altcoins minus the TOP15/20) start to move strong.
But what is going to happen next?
How long will this go for?
Bitcoin can easily do sideways, correct some more or even small growth. More like a distribution followed by consolidation phase while the smaller altcoins grow.
My believe is that the bigger Altcoins will move with Bitcoin and also correct.
Money flowing out of the BIG ones will push the smaller ones for huge/massive gains.
This can go on for a while.
Your patience, in crypto, will be paid.
Namaste.
Do You Think All Hell Is Breaking Loose? Bitcoin Weekly Targets This chart is very telling.
Bitcoin weekly has been trading above EMA10 since July.
Only one week it closed below EMA10 in September and then quickly moved back up.
Right now, we have a very bad/strong bearish candle and prices are moving below this level, as I just mentioned, for the first time in many months.
Don't you see that all hell is breaking loose?
As chart pattern, we have a rising wedge that is breaking bearish.
From the All-Time High, we already have a drop of ~$12,400 or 18%, unfortunately for some unprepared ones, this is only starting.
The last correction went for -25%.
Now, we don't mind this but some people really suffer seeing prices drop... Why?
Lack of knowledge or experience.
Let it drop all it want just as we let it go up.
Bitcoin is super strong and just hit a new All-Time High.
We need a correction, to remove the weak hands before additional growth can take place.
Anyways, back to the analysis.
We are looking at $50,800 as the first support and it holding would mean that everything went great but this is unlikely.
We can see the 0.786 Fib. retracement level for the last bullish wave being activated or even lower at EMA50.
This is a price range between $43,500 and $45,925.
What will it be?
Let it correct while the smaller altcoins get some time to breath.
Even if your capital goes lower as a whole.
Your BTC will increase if you trade Altcoins and after the correction is over you experience massive growth.
It is a long-term game... At least for us.
Let Bitcoin do its thing.
We will see end of year what's the close.
If it gets really, really bad, we get a long drawn out correction for many months but we still end in a higher low.
The market moves in cycles...
Up and down, up and down...
Up and down.
We are going DOWN now!
After the down wave we go up.
Namaste.
CRYPTO ALTCOINS TRADING FAKEOUTS WITH BIG MONEY (ALGORAND USDT)Nowadays as CRYPTO ERA is going on and we all are watching many ALTCOINS skyrocketing for no reason and most of the people out there are watching it and feel like they are missing out on great opportunities and then suddenly come into the picture to capture some quick gains due to FOMO and by the time they come and participate small shakeouts starts happening and in it they lose all their loved capital.
So no one out there can catch all the opportunities in ALT COINS. But we can catch it in some good ALT COINS where the BIG MONEY is involved and it moves the price. Such that the retail people are trapped and BIG MONEY makes profit.
So here I am sharing analysis on ALGO/USDT and show you how you can capitalize on BIG MOVE with BIG MONEY with high probability and even if you are proved wrong then how you can take counter trade on the downside and catch the big fall.
Trade Analysis is explained on charts.
I hope you enjoy and learn something from it👍
- Pranesh Sahoo
Bitcoin Stays Bullish | TapRoot & $100,000+No correction has taken place as prices remain trading above EMA10 and EMA21.
The little correction we've seen so far is not relevant (minor retraces/price swings) compared to the bigger picture/trend.
We will continue with a mid-term target of $100,000 ($100k) or $85,000 or more.
We have bearish divergence on both the MACD and RSI but the bears have been given no chance so far.
At the same time we have these divergence both indicators are on the bullish zone.
Short-term we should see $85,000 with mid-term $100,000+.
We are taking the major TapRoot network upgrade as a bullish signal when we compared to Segregated Witness many years before.
The volume is really low and there is no excitement which is good for the bulls, any excitement and hype can only lead to strong bleeding/price drop.
What's your take?
Leave us a comment.
Namaste.
EOSUSDT -- Imminent Surge likely for EOSRunning Alpha's Momentum Perception Maps (MPMs) indicate an imminent surge is likely in EOS. The launch of the new decentralized exchange -- called the Bullish Exchange -- is going to be using the EOS token, which has the potential to serve as a catalyst for EOS to rise dramatically.
For high definition trading market intelligence on EOS and other crypto-tokens like Polkadot, Injective, Solana, Cardano, Algorand, and many many more tokens among our analysis of thousands of altcoins with the highest mathematical trading edge, "2gain Alpha" is your actionable trading market insights solution.
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DigiByte About To Make A Strong Move!It is no joke when I say that "Patience is the key".
Here we have DigiByte (DGBBTC) consolidating at a low and getting ready to boom at any given time.
It can take a few days, weeks, and sometimes even months in a consolidation phase.
But not this time around though, it is likely to move up right away.
We are patient of course, that's how we trade.
We buy, hold and let the market take care of the rest.
Calmed and relaxed.
There is nothing to lose if you wait.
If prices go below your buy-in you simply hold.
If a new low is hit you simply hold.
You can only consider selling when you are ahead.
This is very simple, very easy and you can win no matter what the charts, experts, analysts or anybody says.
Here is a good one for you, DGBBTC...
Try this strategy and see what results you will get.
Set your waiting time to 8-12 months to start.
This is not financial advice.
Namaste.
Bitcoin Headed For $53K Or Lower? (Altcoins Market Update)Today we see clear bear action developing after a low retrace and some higher lows.
We can see prices moving below EMA10 on low volume... This volume will soon grow and the correction can speed up.
At this point, the only way to change is to move back up and hit new highs consistently... After a new high, retraces/corrections due take place.
The Altcoins growing massively after Bitcoin peaks, it is a signal that Bitcoin can easily do sideways and consolidate or move lower for the Altcoins to move ahead.
Moving flowing from Bitcoin to Altcoins.
Altcoins Market Update
There are thousands and thousands of Altcoins now all across the market, so Altcoins is a very broad term.
Looking at those always present, some interesting signs are showing up/taking place.
MANABTC (Decentraland) hit a new All-Time High, period.
The highest price ever for this pair after growing over 555% in just a few days (less than a week):
This one, MANABTC, broke everything all the way back to 2018 but this isn't the only one.
STORJBTC is also doing crazy numbers.
ANKRBTC also.
ZENBTC also.
ZRXBTC as well, Siacoin, DigiByte and this is only getting started.
After we saw the amazing bullish action happening with Shina Inu (SHIBUSDT), I quickly declared that the Altcoins would grow strong after this, this was the signal.
See here: SHIBA INU What To Expect And How This Affects The Market
And here: Altcoins Season Starts Now, How To Approach The Market!
Now, some of you might be getting desperate because you see the action happening but not on your trading pair... On the contrary, be calm, what the market is telling us is that everything will move up strong but it cannot happen all at once and thus we have to wait.
Hold your hands patiently and strong...
Let the market do the rest.
I am Alan Santana sharing this information for your support... Feel free to hit LIKE and FOLLOW now.
Namaste.
Bitcoin Bearish Intact, Relations To Altcoins & $100,000 Target Just 5 days ago we looked at the bearish potential for Bitcoin, " Bitcoin Entering ABC Correction | Altcoins About To BOOM! "
This potential remains intact.
We are likely to see lower prices in the days to come.
Just a correction before we resume massive strength and bullish growth.
We believe the Altcoins will do great while this correction is done.
This is actually necessary for the correction to be a short rather than a long one.
If the Altcoins grow as Bitcoin retraces, this signals that money is flowing from Bitcoin to the Altcoins. Once the correction is over, money can flow back from Altcoins to Bitcoin.
It would be extremely healthy for the market to see the Altcoins green while Bitcoin corrects and consolidate.
We also need a healthy correction to be able to meet or end of year target of $100,000 and beyond.
How do you see Bitcoin behaving end of October and the first half of November?
When do you see Bitcoin moving to new highs once more?
Share in the comments section.
Thanks a lot for your support.
Namaste.
BTC/USDT 4HOUR TECHNICAL ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart .
BTC is trading around $62.600 the support is $60000 and $59000 OR 21 ma and resistances level is $63600.
Breaking down below $60k will be a red alarm for the market and a break out above the 630000 will be all good for the market.
If its breaks the 21ma and $60000 support level then the chart will be invalid.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Bitcoin Weekly Chart UpdateLet's be honest... This looks or not bearish to you?
We have a horrible weekly candle.
The weekly candle still has 24 more hours before it closes but as it is now it doesn't look good.
Above $63,000 on a weekly close would look way, way better and we wouldn't have a strong bearish signal in place.
As it looks now, it is not good.
If Bitcoin closes bearish tomorrow we are likely to go straight down and test EMA10 as support.
EMA10 is sitting here around $51800 (~$52k).
I am looking at this chart completely separate from everything else but this coincides with the daily timeframe analysis recently published.
What would you do if Bitcoin continues moving up?
What would you do if you knew Bitcoin was going to drop even though it will recover?
Everybody has a different strategy and trading style... I will tell you what I would do.
First, I am a long-term holder and always want more.
I trade Altcoins and my Bitcoins remain untouched.
But, if we reach a peak I do sell something to cash out and take care of my expenses and buy back lower but overall I simply hold.
Prices swings are irrelevant for us.
Bitcoin can go to $55,000, $50,000, or even $20,000 and for me, it is still really, really strong.
I saw this great technology when it was valued at around $120 and I was active with buying and selling, so even $5,000 for me is really good, no, actually GREAT... That's my stand, what about yours?
We remain strong and holding no matter what Bitcoin does.
We are here for the long-term.
We believe in Bitcoin.
We believe in Crypto.
We believe in the Altcoins.
This is the future of money.
Are you trading or holding?
Are you buying, selling, or watching?
What you do, how you act or react, will depend on the answer to these questions above.
Thanks a lot, my fellow cryptocurrency lover.
This is Alan Santana.
Always grateful for your amazing and continued support.
Namaste.
Bitcoin Entering ABC Correction | Altcoins About To BOOM!Bitcoin closed a full bearish/red candle yesterday and today its price is moving below EMA10.
After a new peak/high, All-Time High, it is normal for a correction to take place...
So, where are prices ahead?
You can see additional details on the chart.
As Bitcoin corrects, the Altcoins grow
I am looking at mainly ALTSBTC but the altcoins market, in general, should be entering a strong bullish wave.
Each chart/pair is different/separate, but the big majority can start changing course now nonetheless.
Which one is your favorite altcoin?
Which pairs do you believe will move strongly next?
Share in the comments section.
You can check some of my choices in the "related ideas" below.
Thank you for reading/sharing.
Namaste.
FTMUSDT! Longed!On BINANCE:FTMUSDT , we have created double bottom around level 1.971 and market has successfully shown a rally as expected as per TA!
At present, we are having a retracement, so we placed our buy order between 0.5 and 0.618 i.e 2.0689 and our target will be 2.1723 and mange your risk as per your concern!
Dot break it downtrend as well as 21DMA, looks promising!! #dot(Welcome to this quick update everyone)
Trading suggestion:
In Daily timeframe Chart, Once Again Bulls Are Back in Town, Daily MA21 got Cleared & turned into Support.
At the Moment, bulls will try testing the Key Horizontal Resistance 17.92, If Daily Candle Closed Above the 17.92(Daily Resistance), Next Would be 26.29 then 39.39. In Case of Rejection, dot Might Retest the MA21 (13.87).
Technical analysis:
. DOTUSDT is breaked the downtrend as well as 21-Day MA , and the beginning of an uptrend is expected.
. The price will try 50-Day MA, which acts as a dynamic resistance.
. The RSI is trying to break its downtrend, if it break then dot will get momentum from here.
Take Profits:
TP1= @ 26.29
TP2= @ 39.39
TP3= @ 49.90
TP4= @ 60
SL= below 10 usdt on daily closed bases
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BTC Dominance Double Top formation | Pump in ALT soonas we can see BTC Dominance have formed Double top. We have seen good rally in bitcoin since starting of this month but Alt;s are under performing. But now, big pump for Alt is coming. This week we'll defiantly see a good rally in Alt Coins.
This is time to long. As per my last analysis on SUSHI, i am 100% sure Sushi will touch $15 by end of this month.
Bitcoin | New Signal + Trading Tip (Learn From Your Mistakes)I mentioned this one briefly in a previous article, this pattern isn't new but has been pretty relevant in this bullish cycle.
The first half of the week we go slow and/or red.
The second half of the week things speed up and/or green.
I made a mistake recently which costed me a lot of money.
All my mistakes are really expensive because I put tons of money on each trade.
I put my money in on some altcoins, with a clear target but when I saw the bearish action took the small profits and moved on... The first half of the week.
If I had waited, I would be earning a lot more. (Be patient)
To me this happens because I detach all the time.
Had to detach to take care of my health.
Each time I come back, I have to learn everything all over again and there goes the same mistake.
No worries though, no problem.
From these mistakes we learn.
I take the loss and move on and at the same time even feel happy, because I will have the chance to try again and see if the next time I will get it right or wrong.
The goal is not to avoid making mistakes or trying to win them all... Some we win, some we lose.
We just need to be honest with ourselves, see where the problem is so that it can be corrected on the next try.
Since this market is bountiful...
You will always get a second chance.
Looking like straight up for Bitcoin... YES!
Feel free to like, share, follow and/or comment to show your support.
Namaste.