The "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...
$TRB #TELLOR/ #USDT TRB is ready for over 75% Pump. Chart is looking very clean and decent. If #BTC won't spoil party, we'll hit 75$ this week itself. Buying some here below 43$. Targeting 75$ It's #ALTSEASON guys.
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...
Let'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...
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...
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...
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...
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...
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...
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...
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...
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. ...
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...
QTUM/USDT Long above --> 2.47 SL --> 2.395 Target --> 2.6 - 2.8
ANT/USDT Looks Good Above --> 3.25 My Stoploss --> 2.9 My Target --> 3.75 - 4.5
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...
My 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...
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....