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ALTS

Bitcoin To $10k P.t 3 | iHead & Shoulders (Support & Resistance)Bitcoin (BTCUSD) is following perfectly my chart from the 21-Nov., where we spotted the potential for a bounce at $6500 and saw Bitcoin going to $10000+ next month. You can see it here: Now, Bitcoin is printing the classic Inverse Head & Shoulders pattern, with the right shoulder being formed on increasing volume. To provide additional and useful information, I also added the Fib. support and resistance levels for this next move. Bitcoin (BTCUSD) Support & Resistance Levels Support: $7188, $7044, $6840, $6640, $6515 Resistance: $$7370, $7850, $8220, $8750, $9600, $10136 The bold orange line is the "neckline" for the iH&S pattern. Above this line, Bitcoin can make a strong move to the upside. Below the neckline, the pattern can easily become invalidated and we see Bitcoin go lower. My view I am of the bullish view and I believe Bitcoin will move higher in December 2019. Now the chart signals are fully starting to support this view. Here is my previous analysis with an update on the Altcoins market bullishness and growth: Thanks a lot for reading and for your continued support. Namaste.
BITSTAMP:BTCUSDLong
by MasterAnanda
Bitcoin Going To $10K December | Will It Go Lower First?Bitcoin is very likely to move to $10,000+ in December 2019, but before we go there, can it go lower now? Bitcoin (BTCUSD) printed a full bearish candle to break below $8,000, reaching a low at $7394. Now, this candle is still active today so the next move really depends on the daily candle close since we are looking at this timeframe. We are likely to see additional bearish action before Bitcoin bounces and starts to move up. The low can be set late Nov. or early Dec. with the goal of reaching $10,000+ after Bitcoin bounces and starts to move back up. This is just one scenario, my main view at the moment... Additional details can be found on the chart. Thanks a lot for reading and for your continued support. Namaste.
BITSTAMP:BTCUSD
by MasterAnanda