Altcoins
Bitcoin Bounce INPlay | Can Hit $10,900 But Not There Yet!Bitcoin (BTCUSD) is showing a low volume bounce while trying to break slowly above EMA10.
We are seeing multiple signals that are pointing to move up but multiple resistance levels are to be taken out first.
The blue trendline is the main resistance that needs to be broken for Bitcoin (BTCUSD) to move higher. If this level breaks, we aim at EMA50 ($10278) followed by $10800-$10900.
Bitcoin's price is already moving above EMA10. (Bullish)
Moved below EMA100 (light blue rectangle) only to bounce back up. If Bitcoin can remain above EMA10, it becomes very likely that it moves higher...
Hidden bullish divergence can be spotted on the RSI. (Bullish)
Low volume. (Bearish)
The set up is already in play, the only thing needed now is for the bulls to follow up and we can see Bitcoin grow to $10,250 or higher all the way to $10,900... It all depends on the daily candle close.
Where do you think Bitcoin is headed?
Share with us in the comments section below!
Namaste.
Bitcoin (XBTUSD) Continues Aiming at $11.3k (100%+ ROE |8X | IN)Here is a quick chart for you guys, my beloved readers... I appreciate your support.
We are doing 8X on Bitcoin (XBTUSD) and we are aiming for $11,300 or higher.
Our last trade idea played out and we hit higher than our first target which was sitting at $10,650, Bitcoin went up all the way to $10,800 on BitMEX...
Looking at the action Bitcoin is having now, I believe it can go higher.
All the details are shared on the chart.
If you would like to see the full trade details for our BitMEX trade, make sure to hit like. If we get 222 likes, we will share our buy-in, targets, stop-loss, profits potential, leverage, and capital allocation.
This is not financial advice.
Thanks a lot for reading.
Namaste.
Previous analysis:
Bitcoin Breaks Up & We Go Higher!!!If you've been following Alan Masters ( @alanmasters ) lately, you are aware that we have been right 100% of the time for our Bitcoin (BTCUSD / XBTUSD) charts/trade ideas for the past few months...
Today is no exception, Bitcoin (BTCUSD) just broke up.
Our targets remain the same, the analysis remains the same... Our vision remains the same... (Bitcoin is the future of money!)
You can see all of the details and full analysis by clicking on the image here:
As for the chart above, let's take a quick look at it:
Break above EMA50.
High volume.
Bullish RSI & Bullish MACD.
Looking at this chart short-term, the bullishness remains as long as we are above EMA10. If Bitcoin moves down and closes below this level, then we start to consider the bearish scenarios.
All the details are explained in my previous analysis which has been shared above.
If you want to know where Bitcoin is headed next, I recommended you come and visit us once more.
This is Alan Masters.
Thanks a lot for your continued support.
Namaste.
Bitcoin Bearish IN ShortTerm (Aims at $11000 or Lower) +AltcoinsBitcoin (BTCUSD) is showing multiple bearish signals on the 4H time frame.
We are looking at a bearish MACD, line, and signal.
The RSI is also on the bearish side but moving around support.
Before Bitcoin can move any lower, it first needs to break EMA100 ($11077), only if this level can be broken, BTCUSD is to move lower and test the $10,600 - $10,400 range.
We mention this support level in our previous long-term update:
Conditions for change: If Bitcoin (BTCUSD) moves up and closes above EMA10 ($11,405), it increases its bullish potential and chances to move higher, the above bearish signals would become invalid.
Feeling the market: The feeling I am getting from the market and Bitcoin is that it can take a few days before it makes its next move... Some sideways action is possible leaning more towards the bears. We easily see Bitcoin's price moving in the $11,100 to $11,600 range, before breaking any resistance or support level.
We can see it moving up but more consolidation before anything big comes... That's the market feeling at this point.
What about the Altcoins: After all the bleeding for the ALTSBTC pairs, they will start to move again but it will take a few weeks to see them move in full force. The summer, the big hit... it will take people sometime before confidence returns... But at this point, if you are smart, all you are doing is BUYING, REBUYING, MORE BUYING AND RELOAD.
Namaste.
Bitcoin Clearly Going For $10,551 If This Criterion Is Met (IN)Bitcoin (BTCUSD) has been aiming lower since reaching a top on the 6th of August. We warned about an imminent retrace and this is now happening... Let's take a look at the chart:
BTCUSD is now trading below EMA10 ($11,300). In my previous article, we mention that any trading above this level is bullish, but below this level, we go bearish. The daily candle is yet to close, but if BTCUSD closes below EMA100, it is very likely to move lower.
Our next target is sitting at EMA50 which is now $10,551. This is the level where Bitcoin will find support next if it closes bearish today.
MACD and RSI are leaning towards the bulls. The RSI is gaining momentum down and signals a strong drop incoming. Here is the chart:
You can see our previous analysis with altcoins market update below... Still valid:
Bitcoin Bearish Short-Term (Aims at $11,000 or Lower) + Altcoins
Bitcoin Looking To Retrace, $10,400 Possible, Full Analysis!
Bitcoin Weekly Update (Bullish vs Bearish Potential)
Feel free to hit like if you want to show us some support.
Thanks a lot for reading.
Namaste.
chainlink on the verge of significant movefor more than a week link/usdt on 4h chart following a trend line as i indicated here with a black lines ...several supports and resistances but this time the scenario is different where i can see a super strong support level with double bottom at 0.9380 trend line level along with Fibonacci great support on 0.61 level.these three supports trend line,double bottom,Fibonacci all indicating a bullish sign.
STRAT/BTC AnalysisSTRAT has broken the long term downtrend line(dotted) with 200 MA(Moving Average) and have moved significantly(150%+).
It has tested resistance 0.0004500+ and its undergoing a correction(dip).
Levels of support(buy levels) are shown in the chart and expect a more upside if the bitcoin doesn't dump significantly.
DGDBTC : Nice R:R setup Like it to start :)
As shown in the chart : Potential long opportunity with provided Targets and dynamic SL based on what your entry is .
Things might be invalidated if BTC decides to tank. Therefore Stop Loss is the key .
CLOAKBTC Long As shown in chart, everything is valid until BTC decides to retrace .
Keeping the 1hr TF because BTC might retrace affecting the altcoins as well. hope it touches the targets soon.
I will update the thead as it goes.
POEBTC Latest Technical Analysis 274% Target projection.POEBTC Latest Technical Analysis 274% Target projection
POEBTC is still under downtrend line it may look likes
Reversal of a trend i have mentioned some S&R levels.
Resistance level : 281 sato...
Resistance level : 402 sato...
Resistance level : 499 sato...
Resistance level : 584 sato...
Resistance level : 722 sato...
Resistance level : 394 sato...
Support Level : 140 Satoshi
Support Level : 102 Satoshi
Support level : 40 satoshi Strongest one
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
$FCT is about to pump soon$FACTOM $FCT Trying to penetrate ichimoku cloud, interesting to see how it would react once the daily candle closes inside the cloud.