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.
Altcoins
Bitcoin Straight Up? It Is Looking Just Like It... Do You Agree?Greetings my fellow cryptocurrency traders, how are you feeling this Friday?
We have a very strong volume bar 6-Oct. and also an ascending channel for BTCUSD.
After the peak on the six, we have some retrace but the price remains above EMA10. This can lead to straight up right away.
What do you say?
If EMA10 ($53790) fails to hold as support, we are likely to hit lower, around $50,000 before we continue up... This is only relevant if the bears come on board.
As long as we remain above EMA10, we have bullish potential for the short-term.
Watch out for higher prices...
Be prepared in case the market conditions change.
On this bullish cycle, the weekends have been green while we get red on the first part of the week.
Seeing that the weekend is ahead of us... This is another signal that supports a jump for BTC!
Like or comment... Which one will you pick?
Namaste.
Bitcoin Hits New High; What Is Driving This Great Bitcoin Rally?Now, let's look at the charts and what it has to say.
First, we came back 1st October with a prediction that Bitcoin will become bullish and strong.
We later wondered about the future, where will Bitcoin be in 10 years?
Will it be $1,000,000, $2,500,000, $50,000 or more?
I believe that we will see a 100T (Trillion) market capitalization for Bitcoin soon enough... But let's get back to the present day, how much higher can prices go?
Daily Bitcoin Chart Analysis With @alansantana
Today we have a new high for BTCUSD.
Hitting a new high is a very good/strong bullish signal.
This is the highest price level Bitcoin hits since May 2021.
We had a strong correction take place starting 12-May and now the price has fully recovered and we have really good strength.
What is driving this rally?
Very strong fundamentals; the entire world is opening up to Bitcoin.
Our indicators, RSI and MACD, are looking better than ever.
The MACD is now above zero, trending up while gaining in bullish momentum.
The RSI is super strong almost reaching 70 (69.26).
We have some good resistance around $55,000 - $58,000, but what the signals are telling us is that Bitcoin's price will continue to increase.
The candles are looking really good (candlestick reading) and the volume is still low but a positive signal at this point.
The weekly timeframe is looking great (we will do an analysis on this one later) and the monthly as well.
The Altcoins are also good and will continue to grow long-term (higher highs and higher lows, not irrelevant price swings).
These are good times for the cryptocurrency markets.
We are looking great for our end of year target...
2022 might be even better so be prepared...
Study, learn, focus, breath deeply, think before taking any action and enjoy the profits as they come.
Be smart.
Be wise.
If you fail... Try again.
We learn from mistakes.
Our mistakes helps us to grow.
Thanks for being part of this evolution.
Cryptocurrency is the evolution of the Internet.
Internet HD or Internet 2.0 :D
Thanks a lot for your continued support.
Namaste.
BTC Bull Or Bear The important Levels are here 48-49k is a super strong resistance and the 45-44k is a strong resistance also btc forming a massive rising wedge its a bearish sign so be careful in this zones if daily candle can give a close above the 49k then we can continue the bull run. btc is struggling to break the resistance if once again failed to break above bears will take control
HBAR-USDTHedera Hashgraph after gaining exponentially (~13 x) in the first quarter of 2021, has been caught up by the bears. Since then, bulls have not been able to take out their All-Time High of $0.36 (March 15, 2021).
With the bears tightening their control over the markets, promulgated by the backdrop of Bitcoin, it resulted in a tectonic shift in the sentiments of the crypto markets, thereby, the altcoins too plunged massively with the giants of the crypto markets.
HBAR is currently trading at $0.17, ~60% down from its All-Time High. It has been trading in a Descending channel formation, the extreme limits of the band currently present at $0.096 and $0.24 respectively. Currently, it has been hovering around its middle band which is currently present at $0.164.
The immediate support to the lower side is present at $0.165 followed by $0.14 while HBAR may face resistance at the levels of $0.21 followed by $0.25 if it decides to trend higher.
Siacoin (SC) Support Found + 170% TargetSiacoin ( SCBTC ) has found support just below the 0.786 Fib. retracement level.
We also have a falling wedge pattern breaking out bullish .
With its price trading above MA200, there is potential for a bullish wave to develop here.
I've mapped up to 170% in potential profits for the second target.
We remain bullish above the 10 satoshis (0.00000010) low.
Any trading above this level and we remain bullish long-term on Siacoin vs Bitcoin ( SCBTC ).
Additional details on the chart.
Namaste.
Digibyte (DGB) After A 364% Bullish Wave... We Trade Long-Term The market moves in waves...
These waves come in cycles...
In essence, we do UP and DOWN, up and down, over and over...
Short, mid- and long-term.
Meaning:
We have bearish and bullish waves in the short-term.
We have bearish and bullish waves in the mid-term.
We have bullish and bearish waves in the long-term.
These are the market cycles.
When prices move up and grow, we enjoy, collect profits and focus on maximizing results.
When prices go down, we detach from the computer/phone/electronic devices, we no longer focus on the trades.
We focus on ourselves, we study, we go out in nature, we learn, we grow, we prepare for the next bullish wave.
Digibyte (DGBBTC) has found support just below the 0.786 fib. retracement level of the last bullish wave...
We have early signals of change but it doesn't matter what happens next... We trade long-term.
We buy and we hold, until prices are peaking again (GREEN).
If we see another break of support, that is not a problem... It only means a few more weeks of wait.
Once the market takes off...
We enjoy until our targets are met.
When the profits come in, we are grateful with any amount we get and we move on to the next trade.
You need to have a plan prepared.
You need to have goals.
You need to have targets and also a stop-loss.
Planning ahead of time will highly increase your success.
Thanks a lot for reading.
Namaste.
Can Positive News Move The Market? Bitcoin In ParaguayHere we are looking at the daily timeframe for BTCUSD (Bitcoin).
The grey line on the chart stands for EMA300.
This is a strong level.
Below this level we can see lower prices (red arrow)...
Above this level we move straight up.
Even if prices drop, we are still bullish, within a recent higher low.
Paraguay Comes To The Rescue
Following the steps of now one of our favorite presidents in the world, the National Deputy of Paraguay has announced intentions of legalizing Bitcoin next month...
See it below:
twitter.com
This is Paraguay
July we legislate! #Bitcoin
This is a another bullish signal...
Patience is key... But many countries are patient no more... They want Bitcoin Now!
What's your take?
We keep the same target at $46K
Leave us comment...
Namaste.
TRIAS - faster recovery than most. Bullish Reversal ON. $TRIAS is WELL OFF it's All Time High of 32, and has given exponential returns in it's last bull run.
It appears to have bottomed out with an Inverted Head & Shoulders Pattern, and is currently holding up the re-test of the pattern's neckline.
Already well over 100% up since the bottom of this dip, it is showing signs of recovery better than many other altcoins and could well already be on its next bull run up.
Dogecoin (DOGEUSD) Peaked!? Are You Ready To Feel The Crash?Looks like Dogecoin (DOGEUSD) has gone up for a while now printing massive growth...
We have multiple bearish signals starting to develop on this chart.
Today, we can see DOGEUSD moving below EMA10.
EMA21 has already been tested as support... The next time it is hit it is likely to break.
We have bearish divergence with the RSI, same on the weekly timeframe.
Where is the next support?
First, we look for $0.294 followed by $0.193...
How far down can it go if it does crash?
This can vary depending on how the market behaves, the bearish signals can even be invalidated...
With that said, when I look at DOGEUSD weekly, prices can drop as low as $0.09 but it is too early for that...
Let's continue.
The daily MACD:
And the RSI (bearish divergence and broken trend line support):
We will see Bitcoin move higher as Dogecoin corrects and move lower.
That's my prediction... What's yours?
Share it with us in the comments section below.
Alan Masters.
This is not financial advice.
Namaste.
Dogecoin (DOGEUSD) Analysis 4h Timeframe (Feel The Crash Pt.2)We looked at Dogecoin (DOGEUSD) on the daily timeframe; many bearish signals starting to develop.
Today, we are going to be looking at the 4h timeframe where we can gain additional information as to what is going on with this market/pair.
First, we notice how DOGEUSD went to test EMA200 as support after breaking below EMA100 back in April.
This same scenario can repeat in the coming days.
Now, we can see prices trading below EMA50 and also EMA100, which is the blue line on the chart.
If prices close below EMA100 or $0.4625, this can lead to lower prices.
The next support level will be sitting first at $0.3662 followed by $0.301 or EMA300, which is equivalent to EMA50 daily at around $0.29/$0.30.
This is no big deal.
Market corrections are normal and see what happened back in April.
After EMA200 was tested as support, DOGEUSD bounced and continued on its way up.
Right now we have the RSI becoming weaker than it was before.
The MACD is below zero and showing a bearish cross.
The current 4h candle is still active and its price can reverse...
We stay bearish on this pair below EMA50 ($0.5132), we expect lower prices unless the market conditions change.
We are aiming lower...
What's your take?
Share with us in the comments section below.
Namaste.
P.S. Check the related trade ideas below for past charts on DOGEBTC.
No Signs Of Stopping | Ethereum To $4,444+ Or $5,000+ ??? EtherEthereum (ETHUSD) continues with its very strong bullish bias and price discovery action... How much higher can it go?
Everything continues to point higher.
More and more adoption news, events taking place.
More companies integrating cryptocurrencies into their platforms.
Something many believed was impossible just a few months ago.
We held through the entire bear market.
We continued to be positive, we fought, we cried, we lost...
Now, we are rewarded a 100 fold.
We trusted the market, our feelings, the charts, the signals, the vision, the dream...
Everything that crypto was promising has become true and the market continues to evolve.
We could not predict NFTs nor DEFI, but these are also growing and there will definitely be more.
Innovation is what this market is now becoming known for.
Ethereum is showing no signs of stopping... Let's see how far up we can go.
The targets are mapped on the chart.
What's your take... Correction or more growth?
Share in the comments with us.
Namaste.
The Bitcoin Trip! + Altcoins
There you have it folks, just a small correction (ending in a higher low) and Bitcoin resumes growing... Once more showing that Patience is the key.
This is not set in stone though, nothing is specially when looking at charts, they are always changing.
Our main support on the 4h timeframe based on my previous analysis is set at $55,000, this is our main level.
We continue strongly bullish above $55,000 but we also stay bullish above $50,000 and $48,000 and even $35,000+ depending on the timeframe. This one here is for short-term.
Long-term Bitcoin is ULTRA BULLISH, without a doubt.
Mid-term Bitcoin is SUPER BULLISH, for sure.
Short-term Bitcoin is battling the bears, consolidating while trying to go up (mixed but favoring the bulls).
How far do you think prices will reach on this Bitcoin trip?
I mean, I remember saying myself that Bitcoin would retrace when it was $15,000... "It doesn't matter what happens, it has to retrace".
We are seeing a lot of the same today.
Many people are declaring that Bitcoin must go down just because a certain price is hit... This has now been confirmed as untrue, as BTCUSD looks better and better every week.
Keep in mind that the charts are always changing;
We do not trade here, we focus on the altcoins.
We focus on high potential rewards and low risk.
But you can trade any pair, any chart, if you have a plan to help you succeed.
The Altcoins are also growing... Today we have trending, XVG and ETC vs BTC.
There is so much more of course... Which of your favorite altcoins you want me to share this week?
Leave a comment and we will see.
Namaste.
NEO USDT 4hrHELLO GUYS , THIS IS NEO USDT 4HR CHART, BEFORE WE START GUYS ONE THING ALWAYS REMEMBER , IN ANY FINANCIALS MARKET BEFORE YOU INVEST DO ALWAYS YOUR OWN RESEARCH , THIS IS NOT FINANCIAL ADVICE.
OWK LETS GO TO THE POINT , IF NEO USDT NOT HOLDING 93.60 AREA , THEN NEO USDT ATTRACT LETEST DEMAND ZONE 82.0$ - 86.0$ , AND THEN WE ARE LOOKING TRADE REVERSAL POINT AND ACCORDING WE CREATE OUR POSITION . THANK YOU
Bitcoin | Multiple Timeframes (1H, 4H, Daily & Weekly)We've been waiting for Bitcoin to move up since we saw Ethereum going ahead... We feel confident that it will follow and also hit a new All-Time High.
The chart is once more starting to look good.
We will focus on the signals...
Bitcoin Daily (D) Timeframe (BTCUSD)
We start with the daily timeframe, here is the chart:
First, we can notice prices moving above EMA10, EMA21, and EMA50.
EMA50 is a strong one now sitting at $54915+.
Bitcoin trading above this level is strongly bullish.
Below signals bearish.
Daily candle closure above this level is needed for confirmation.
The RSI is strong above 50 and we have a bullish cross on the MACD.
All the classic signals in place but some still developing.
We also have a falling wedge and an inverse Head & Shoulders pattern, all these points higher.
Bitcoin 4H Timeframe
On this timeframe, 4 hours per candle, we can see BTCUSD moving above all of the EMAs. MA200 is the black line. We are strongly bullish above this level.
This also happened after a higher low with bullish indicators, the signals are telling us that we should see GREEN.
Bitcoin 1H Timeframe
Finally, the 1H timeframe, here we can see the pattern that is pointing to straight up.
Bitcoin Weekly (W) Timeframe
We can see BTCUSD moving back above EMA10.
The weekly timeframe closes in just 2 days.
Closing bullish would mean that we had very little to no retrace.
Now, when prices start moving higher...
What's your target?
I am now aiming at $80,000 followed by $100,00K
What Do You See For Bitcoin's Future?
We see bullish Bitcoin in 2021 and beyond.
We are seeing bullish long-term longer than most people expect.
Things will not be what they feel like.
Things will look and feel bad in some ways but turning good in the core.
The good will bloom and shine.
Cryptocurrency will help us level out the upcoming financial disaster that the conventional markets will be facing.
Leave us a comment with your views, thoughts, and opinions on this.
I love you now, forever & always.
Thanks a lot for your continued support.
This is Alan Masters.
Namaste.
Ethereum Can Easily Hit $3250 Daily If The Final Upgrade From...What is happening with Ethereum (ETHUSD)?
This chart is looking weak or strong?
Ethereum has been growing massively and this is great news for the entire cryptocurrency markets.
It is great when Bitcoin grows but it is also good to see the Altcoins do great... Feel free to hit LIKE now and let's get to the ETHUSD chart.
Ethereum vs the U.S. Dollar
The resistance is now set at $2750 - $2800; I came here because I saw the potential for a bullish breakout and wanted to let you know.
📊 Above $2800, ETHUSD can make a quick and strong jump to $3250 or more.
Conditions for change
If the bears jump in and the bullish momentum is lost, support can be found first at EMA10 now sitting at $2560, this would be our main daily support.
If this level breaks, we look for $2150 as the next support (EMA50).
Any trading above EMA10 and we are STRONGLY BULLISH ON ETHUSD.
Remember what I shared in my previous analysis... Bitcoin is very likely to follow Ethereum and hit a new All-Time High, soon!
What's your take?
LEAVE A COMMENT!
Namaste.
My Trading Explained! Frax Share (FXS) | Let's Try Again!The chart we shared for Frax Share (FXSBTC) went bust... Ouch!
But this is no big deal, this is normal...
Some we win, some we lose... Wait, it is a bit more complex than that.
We need to use a stop-loss and also have a well-developed plan before trading.
(To increase potential wins and reduce potential loss)
If one of our trades fails, we lose 10%, 20%, or maybe even up to 30% but, when our trades do good we go for 50%, 100%, 300%, and even 400/500%+ on some trades.
(This takes time, some trades can take up to 6-8 months to fully develop, patience is key)
RISK/REWARD.
We go for low risk with high potential reward.
Now, FXSBTC went down and closed below support. This is negative but can also be a plus.
Yesterday, we had a reversal candle show up.
Today, prices are starting to grow strong.
With high volume and the RSI curving up, this can turn into a strong move and we see FXSBTC reverse from bearish (down) to bullish (up).
Even with the information you just read above, make sure to do your own research before trading, study, take your time, diversify... Just as we can win, there can also be loss.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Ethereum (ETH) Moves Ahead, Back Above EMA10 +Altcoins UpdateEthereum (ETH) Moves Ahead, Back Above EMA10 +Altcoins Update
Ethereum (ETHUSD) peaked 16-April reaching a new All-Time High, what followed was a sudden but fast correction that took prices all the way down to EMA50 on a wick... Let's see what happens next.
Ethereum Bullish Chart Signals @alanmasters
Yesterday we saw ETHUSD bounce off the EMA21 line to close daily above EMA10 ($2294), this is a bullish signal.
The short-term potential of any altcoin trading pair can be determined depending on where the current active candle is trading compared to the EMA10 indicator.
Above EMA10 we are bullish.
Below EMA10 we are bearish, but this is only short-term.
We also have a very strong RSI above 62 and the MACD on the bullish side as well.
We have an ascending channel/higher highs and higher lows.
The altcoins market, in general, continues to do great, we've seen some short corrections, small retraces, just like Bitcoin did in 2020.
After these small corrections and retraces, we continue growing more and more.
This is expected to continue for the entire year of 2021 and beyond.
What's your take?
Both Bitcoin & The Altcoins Market will continue blessing us with tons of opportunities.
It is a great time to be trading altcoins now.
Remember that patience is key.
Thanks a lot for your continued support.
Namaste.