Altcoins
AVA perpetual on 1 hour chartAva has broken a downtrend channel and has changed its trend. $34 is my first target. Would add more quantity if it sustains above 200 ma.
Bitcoin Weekly Closes Bullish | Altcoins vs Bitcoin Short-TermThe weekly candle is now complete and we have a bullish close at $59016.39 for BTCUSD.
Last week closed higher than the 15-Feb. week where Bitcoin hit its previous All-Time High.
The current All-Time High on this exchange (BitStamp) is currently set at $61781.83, hit on the 13th of March.
As Bitcoin grows, the Altcoins market is also doing great and showing positive numbers.
We stay bullish, always, above EMA10.
Bitcoin weekly, BTCUSD (W), hasn't tested EMA10 as support since October 2020.
Currently, EMA10 is sitting at $47425.
The next resistance weekly is set at $65,000 short-term followed by $73,000 and $80,000 if the bulls can stay on top.
$100,000+ is still in the cards... Fiat money printing is set to continue and thus cryptocurrency (Bitcoin/Altcoins) is positioned for massive growth.
This is not a prediction of future events, Bitcoin has grown by 14X since last year or more.
The altcoins are also growing, some are doing really good with 20X+... This is only a small portion of course, but we don't see this type of action when the bears are in control, we only see this in a bull market.
What About Altcoins vs Bitcoin Short-Term?
Many of the Altcoins vs Bitcoin pairs had already an initial breakout and a secondary jump, many are ready to print a strong correction/retrace.
Please keep in mind that it is completely normal to see this happen.
You can see corrections of 30%, 40%, and 50%+...
But some of these altcoins have been growing for months and by 100%, 200%, 300%, and even 500% or more.
If you are trading, focus on the pair and timeframe you are looking at, let the other things go.
Extract the numbers and start to trade...
Adjust based on the results.
It doesn't matter what really happens, we need to sit back and watch, after having our plan, to see what will really happen with any open trade.
Since we calculated the potential risks as well as profits, there is no surprise for us.
The cryptocurrency markets are set to continue growing...
This is Alan Masters.
Thanks a lot for your support!
Namaste.
Bitcoin Is Doing It Once More, Shady Price Action + Multiple TF We are right where we started back when Bitcoin was at $15,000 USD... The market looks overbought but the Bitcoin price continues to increase.
Let's have a look at the shady price action:
First, looking at the 1H timeframe, we have these steep drops that are quickly bought up, as if some magical entity/ies is trying to shake people out of their Bitcoins.
We have that strong bullish chart but the uneasy feeling that a drop can happen anytime... But it isn't happening.
A look at the 4H timeframe and we can see prices remain trading above EMA10, Bitcoin's potential remains favoring the bulls (GREEN), see the chart:
The last time EMA21 was hit on a wick and prices closed back above EMA10, we saw a new high being hit... This scenario can now easily repeat.
Finally, when we look at the daily timeframe, we can see a long lower wick/shadow on today's candle while prices for BTCUSD continue to trade safely above EMA10 while challenging resistance... The longer the resistance is challenged, the weaker it becomes.
The "Stimulus Pump" has been activated...
All that is left now is to be patient...
Be prepared and secure/enjoy the profits as they come.
This is Alan Masters.
Thanks a lot for your support.
Namaste.
Bitcoin Stimulus Pump To $63,000-$65,000 Back OnTrack + AltcoinsThe "Stimulus Pump" is real and it is now being felt on the Bitcoin's price.
Ever since the 1.9T Covid checks were approved this past weekend, we have been seeing the bulls jumping back on top.
Now that the news is in, prices are starting to go back up.
The last high is the next resistance at $58,350 but we can go higher based on the short-lived retraces and the massive bullish action taking place between Bitcoin and the Altcoins.
Bitcoin @$65,000+ Again Possible!
We have seen bullish the entire year.
We saw the Altcoins grow since late 2020 and beyond.
Altcoins Market Update
We continue to be highly profitable and strongly bullish on all Altcoins.
Notice how Bitcoin's price continues to change, up and down, down and up, yet we continue trading, holding, collecting profits, every day no matter what Bitcoin does.
The market is always moving...
Prices will always be fluctuating back and forth.
The important part to be successful is to have a strategy preplanned, be prepared... The rest is just waiting for the market to jump.
We can expect even more bullish action coming from the altcoins...
We can expect even more bullish action coming from Bitcoin...
We can expect the entire Cryptocurrency market to continue to grow.
Feel free to leave a comment with your questions.
Remember to hit LIKE!
Thanks a lot for your support.
Namaste.
TRB/USDT TO 75$$TRB #TELLOR/ #USDT
TRB is ready for over 75% Pump. Chart is looking very clean and decent. If #BTC won't spoil party, we'll hit 75$ this week itself. Buying some here below 43$.
Targeting 75$
It's #ALTSEASON guys.
Ethereum (ETH) Below EMA10 Weekly, Lower Prices Coming...Just like Bitcoin, Ethereum (ETHUSD) will also resume growing but only after seeing lower prices.
It is normal to have a correction after such strong bullish action.
Here we can see that ETHUSD is already trading below EMA10 weekly, sending out a strong bearish signal.
(Note: Candle closure later today is needed for confirmation of this signal. ETHUSD most close below $1361 to confirm the bearish potential).
After we test EMA21 at $1050, we can see a bounce before lower prices.
The RSI has been trending lower strong and this week we have a full bearish candle.
We also have a volume breakout favoring the bears.
Visit my profile for the Bitcoin (BTCUSD) daily analysis as well.
Thanks a lot for your continued support.
Namaste.
Look At The Bright Side, Bitcoin Going To $65,000+ After HittingLet's look at the positive side and hit like...
Bitcoin is bearish after some really strong bullish action, but this is just a healthy correction taking place.
Yes, we see Bitcoin going lower since the 22nd of February but the trading volume is low and we continue bullish mid and long-term.
We are likely to see prices bounce to ~$50,000+ when EMA50 (~$40000/$41500) is hit.
Then we can have another bearish leg before the Bitcoin price can continue to increase.
At EMA100 we can fully reverse, what's your take?
Remember you can leave a comment if you have any questions or anything to share.
This is Alan Masters.
Thanks a lot for reading.
Namaste.
$60,000 or $65,000 Bitcoin Today? Can Go Higher!The excitement starts early today for Bitcoin (BTCUSD) with prices already reaching new highs.
How far up can we go today?
Since 5-Feb., we have $65,000 as our main target.
You can see it below:
And here:
But, we are already past $56,000 and bullish momentum is only building up.
We are very likely to hit $60,000 next.
We are going to $65,000 in just a matter of days... What's your take?
Feel free to hit LIKE and leave a comment now...
Namaste.
Swipe (SXP) | Another One In My List!This is another one that I feel will recover in the coming days/weeks...
It is likely that the low was hit back 7-Jan... Notice the high volume after this date... Notice the very low volume before this date.
We have bullish divergence with the MACD and RSI, a long-term one, and recently prices trading above EMA10.
Patience is key... That's the theme of this day.
Namaste.
Bitcoin Head and shoulders pattern, Are we going down!The bitcoin seems to be forming a head and shoulders pattern in the 4h chart, while we are in an ascending triangle.
If we break down the support of the triangle, which is also breaking the neckline of the HnS pattern, we would obviously go down to the 22k-20 levels.
the volume btw, is still low, if we get a drop with larger volume than normal, then is is a clear drop in the price with the some number of the Alt coins price rising, this indicates that a large number of sellers are buying Alt coins.
Will Bitcoin Retrace? If Yes, By How Much?These are the questions that I am now getting very often... If Bitcoin will retrace, how far can it go?
The potential targets we look at are based on the timeframe we are reading...
Even though we have a very strong bearish candle today, with really high volume... It is still very early on this move, here is the daily (D) chart for BTCUSD:
We have today's bearish candle with a long lower wick.
Yesterday's candle supports today's bearish bias.
We have really high red volume...
Prices remain above EMA10.
The uptrend is intact.
As you can see, it is still VERY EARLY in this current move with mixed signals based on TA.
But if we study the previous corrections and retraces, we can see that Bitcoin tends to test first EMA21, EMA50, and EMA100 after breaking below EMA10.
These levels coincide with the Fib. retracement support for the entire bullish wave starting back in March 2020.
These levels go as follow:
0.382 = $23200 (Matches EMA10 weekly)
0.5 = $19617 (Matches EMA21 weekly)
0.618 = $16034 (Just below EMA21 weekly)
It is too soon to tell on the daily timeframe so let's look at the 4H chart.
We will wait for a few more candles on this one and then share a new analysis.
The 4H timeframe is the main chart above.
Here we can appreciate the bearish bias more easily, the signals go as follow:
Prices broke and closed below EMA10 and EMA21.
EMA50 challenged on a wick. On this frame, prices can test up to MA200 and EMA200 as support, this is sitting around $24400 and $23100.
MACD histogram goes red while trending lower.
RSI breaks below 50 sending out a bearish signal.
In conclusion, we are aiming lower short-term.
Conditions for change
This can change if we see Bitcoin (BTCUSD) MOVE AND CLOSE ABOVE EMA10 on the chart above. This would invalidate the bearish signals/bias and put the bulls back in control.
This is a short-term analysis... Later on, I will share more when the daily candle closes and we get a better picture of how things will go.
If Bitcoin decides to take a break, this is great news... The altcoins will then grow strong .
Remember to hit LIKE!
Namaste.
Bitcoin | The Last Bullish Monthly Candle? Peak At $46k or $73k?In the Spirit of 2021 and Bitcoin hitting a new high daily... HIT LIKE before getting started!
Thanks a lot for your support.
We are likely to be witnessing the last monthly bullish candle before Bitcoin starts to retrace... How far up will it go?
Looking at our Fibs. on this chart, based on the monthly timeframe, we have the following resistance levels coming up next:
1) $36200 (very close)
2) $40700
3) $46400 (Golden ratio, Potential peak/top)
4) $62970
5) $73200 (Secondary potential peak/top)
Predicting how far up it ends up going is really hard, only the market makers really know but we can make an educated guess...
First thing, we are likely to wick out.
Looking at past history, the final jump is always very strong.
Looking at recent action, it can go way longer, further, higher, and be stronger than anyone knows...
For now, my main target on this chart is set at $46,000... We can extract more numbers after this level is hit if it is hit.
But currently, we surely have room for additional growth.
The TD Sequential started a new count but after the positive 9, we tend to get a long wick on a new #1 candle and then a retrace... This is shown in the monthly analysis I shared multiple times before.
Here is the previous analysis based on the monthly timeframe and the TD Sequential... Hit PLAY and read it to get the bigger picture:
Bitcoin Monthly $300k | TD Sequential (8+9 = 1 = Higher High)
Thanks a lot for your continued support.
Namaste.
Is Bitcoin Going Back To $28,000? Short-Term (1H Timeframe)Wait... Don't get too comfortable... Remember that one?
Retraces and corrections have been non-existent for Bitcoin... Or better yet, short-lived.
We are seeing strong consolidation take place near resistance.
When prices are going to drop, they drop.
Staying near resistance is a signal of strength.
Based on this chart, BTCUSD 1H, we are likely to see higher prices soon.
Conditions for change
If Bitcoin moves and closes below EMA50 ($26696) the short-term bullish bias is lost and this analysis can be considered invalid.
We do not trade here.
We focus on the altcoins.
Thanks a lot for your AMAZING SUPPORT!
I am always deeply grateful.
Namaste.
Bitcoin Weekly Hits New High (RSI Analysis To $400k & More)Today, the weekly RSI for Bitcoin just hit its highest level since December 2017.
Bitcoin's weekly RSI has only been above 88 three additional times in the past.
Back in June 2017, November 2013, and February 2013.
Both times BTC hit this level back in 2017 the RSI dropped followed by a massive growth in the Bitcoin price.
Looking back at 2013, there was plenty of additional growth as well.
From June to December 2017 we saw over 560% of growth after the first time that 88+ was hit on the RSI.
From February to November 2013 we saw over 348% of growth after the first time that 88+ was hit on the RSI.
Now, in 2020, we have the first hit above 88 on the weekly RSI, opening the door for additional growth.
How much will it be?
350%, 555%?
Maybe 3,000%?
We can't tell for sure but one thing is certain, more stimulus money is on the way and even more money will be printed in the years to come.
The more fiat currency that is printed, the highest that Bitcoin goes.
~300%+ would send Bitcoin above $70,000.
~555%+ would send Bitcoin above $123,000.
Anything and everything is possible... Just look at this year, 2020, when everything changed.
We are looking at much stronger and bigger change on the world stage in the years ahead.
Don't be surprised if Bitcoin does not grow this much, but we are more likely to see a $400,000 Bitcoin rather than Bitcoin hitting $1,000 as a low.
Back to the BTCUSD chart
Last's weeks high has been taken out sending out a strong bullish signal.
Our next target has already been shared in a previous article today but we are looking at 25800 followed by 29150+ and beyond.
What's your take?
Where do you think Bitcoin is headed?
Thanks a lot for your continued support.
Namaste.
Bitcoin Targets Up To $44,441.14... New High Hit Today!Bitcoin just hit a new high today at $24722 on BitStamp and other major exchanges.
Its price remain trading above EMA10 and all other EMAs.
We have a stable ascending channel in which BTC is trading and all bearish signals that we saw back on Dec. 20-21 have been deleted.
Both the MACD and RSI went through a reset and prices continue to aim and climb higher.
Going by the current trend, we have a target next at $25892, followed by $29160 ($30K) and finally $44,441...
Here is the weekly chart:
Nothing has been able to stop Bitcoin and more stimulus money is coming up... With this type of news now in play, we go with the flow.
🅱️ Bitcoin Monthly | Reviewing Previous Bullish Charts +$46,000
Thanks a lot for your support.
Namaste.
Bitcoin Weekly RSI Signals Growth Until May 2022 | 20,000 Next?!Bitcoin, BTCUSD, on the weekly timeframe continues to aim higher... Let's have a closer look at the RSI, multiple milestones have been hit this week... Let's get into it.
BTCUSD (W) RSI:
Here we can notice that the RSI hit above 80 for the first time since December 2017 when Bitcoin hit it's All-Time High (ATH).
When Bitcoin first hit this high on the weekly RSI, it continued to grow straight for 550+ days.
If we get similar action starting now, November 2020, we will see prices continue to increase with higher highs and higher lows until the year 2022 in May.
Wow! Do you think is possible?
Just wait, there is more...
One of our readers left a comment telling about this Bitcoin rally, there is something different to it, we all get the feeling that it isn't "natural"... What is really going on?
The last time we saw Bitcoin enter its bull-run mode, there was a tremendous amount of hype, lots of FOMO, and retail buyers jumping in by the loads, but this is not the situation we are witnessing these days...
We have a very shy/inactive market, so why is there no correction, why does Bitcoin continues to grow every single day?
It is very possible that big institutions or big Governments like the USA are buying Bitcoin by the boatload.
When this is happening, there is no reason at all for selling, because if they are buying is for the long-term, they know that something massive is going on.
Regardless of speculation, we continue to see Bitcoin move higher with no corrections at all... And with no retail/dumb money buying, this means that we are in a new cycle we haven't seen before.
Bitcoin might be looking at really low prices right now and we might see $30,000, $50,000, $80,000, or more in the years to come... Of course, time will tell...
But we know one thing for sure, Bitcoin always go 10X higher, than what most people think is possible for it to go.
I recall those days when it was impossible to hit $3,000 for Bitcoin, at least that was what many were saying all across... Bitcoin surprised everybody and hit $20,000+.
This might just be the beginning...
With this simple indicator, the RSI, we are getting the signal that Bitcoin might be entering a new bull-run mode.
What's your take?
Leave your comments in the section below!
Previous ideas:
1) Nov 12 | Bitcoin, I Got It Wrong How High Can It Really Go? Leave Comment
2) Nov 9 | Bitcoin Ascending Channel + Altcoins Market Update
3) Nov 8 | Bitcoin Love ❤️ Aims At $17,250 Followed by $31,285
4) Nov 1 | I ❤️ Bitcoin To $30K? Hits Highest Level Since Jan. 2018
This is Alan masters...
Thanks a lot for your continued support.
Namaste.
Ethereum And Bitcoin Didn't Continue Moving Together...And we have a bearish Bitcoin meaning...
We also have a bearish Ethereum.
Right now ETHUSD is moving below EMA10 after a strong bearish candle 31-Aug. very similar to BTCUSD.
This weeks candle is still active and the week young... So this chart can easily change.
Confirmation only happens after candle closure; end of the week.
If ETHUSD closes below EMA10 ($352) this week, we will see $260 or lower on the next move.
The 31-Aug. candle has the highest volume since March and is a bearish candle. The action that followed after this candle supports lower prices.
Remember to hit LIKE now for more...
Namaste.
Bitcoin Weekly Also Points Towards $9000/$9200 🇮🇳 AlanMastersMy beloved cryptocurrency enthusiast, supporters, and successful traders... Here we have the Bitcoin Weekly chart.
We looked at the 4H + Daily (D) timeframes earlier, shared below, and we saw the bears moving in and pushing prices lower...
We read the charts perfectly and we hit our targets.
Now, we know that each timeframe is unique and provides us with different signals.
The longer the timeframe, the stronger the signals we get.
Let's look at Bitcoin Weekly and see where prices are headed next.
IN SHORT
Bitcoin (BTCUSD) is now aiming lower at EMA50 or ~$9200.
CHART ANALYSIS
We do have some mixed signals but more bearish than bullish, let's have a look...
Wait, feel free to hit LIKE now, and let's continue!
1) We have a strong bearish candle 31-Aug.
2) A strong MACD bearish cross.
3) The RSI is still solid/strong above 50 but trending down (mixed-signal).
4) Prices trading below EMA10.
If this week BTCUSD closes below $10634 or EMA10, we are extremely likely to see $9200 tested as support.
Conditions for change
Bitcoin needs to settle above the purple trendline for the bullish view to come back on top.
Moving above EMA10 would be the first sign of potential change.
Any trading below EMA10 and we remain bearish while expecting lower prices.
--Previous charts--
Bitcoin Going To $9100, Bounce Up Or Lower? Altcoins?
Bitcoin Support Levels (My 10X Lev. Trade Targets)
Bitcoin Facing Resistance At MA200 (Short-Term) Yes Or No?
Namaste.
Bitcoin Support Levels (My 10X Lev. Trade Targets) 🇮🇳It's been a while since I shared some numbers for Bitcoin (BTCUSD).
We have a trade active now on 10X lev. and I would like to share our targets with you for learning and/or entertainment purposes...
Here they are:
BTCUSD Targets
1) $10355
2) $9888
3) $9370
4) $9065
-> We opened a SHORT Friday with a buy price of around $11110 - $10850.
-> We are using 10X. (High risk)
This is not financial advice.
Use this information to your advantage by making sure to have a plan before you trade.
If you are unsure about any action you are taking...
Take time out, read up, study more, take your time again, and let it go...
Come back when you are sure what is going on.
Meaning... If one opportunity is missed, another one will come.
So before jumping into any trade to make money and end up losing money, it is better to be prepared to increase your chances of winning more...
And if something goes wrong, we continue to study, continue to persist, and continue to trade until we produce the desired results.
Namaste.
Bitcoin Facing Resistance At MA200 (Short-Term) Yes Or No?We have Bitcoin (BTCUSD | 4H) facing resistance at MA200, the black line on the chart.
A strong drop followed after BTCUSD closed below MA200 back on 2-Sept.
Prices dropped from ~$11600 all the way to $9800+.
Today we have a rejection at MA200 on the 4H chart...
We have a bearish cross on the MACD.
Bearish divergence between BTCUSD and the MACD.
And prices breaking below EMA10.
This move is just shaping up but I am seeing lower prices.
I don't want to let my bias get in the way so let me tell you that this current candle is yet to close.
As no volume came in when MA200 was hit and prices are moving below EMA10...
We will take the signal and call it a drop, but if BTCUSD moves and closes above MA200/EMA10, we can see more up.
Overall, I am getting a bearish sentiment with a strong bearish signal in early August and a support level has been taken off.
We will see lower prices... Yes or No?
Share with us in the comments section below.
Namaste.
