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Let's get to the chart.
Guys firstly I need you to understand, TA is the perfect way to speculate the future...
Ethereum (ETHUSD) is looking bearish now and a strong signal has been printed... Hit LIKE and let's get started!
Take a look at the highlighted candled (yellow) on the chart... This red/bearish candle is also high volume and signals that ETHUSD can easily move lower now.
We also have another bearish candle developing now with prices moving below EMA10.
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So, what is going to happen next with Bitcoin (XBTUSD)?
Now I share analysis of the EMAs that I learned through experience... Here is the sequence:
1) XBTUSD (Bitcoin) breaks below EMA50 on the 9-May, by the 13-May XBTUSD is back above EMA50.
In this case, EMA200 was hit (brown...
Here we are SHORT now with XBTUSD (Bitcoin) and we are going on 8X... Let's have a quick description of the above setup.
1) First, we have the higher low which we mentioned in previous articles.
2) Prices are now trading below EMA10 and we have decreasing trading volume, going lower and lower.
3) A recent rejection of prices while they tried to move and close...
Here I've mapped the Bitcoin (XBTUSD) chart for you.
First, notice the trendlines...
We have a lower high.
EMA10 being challenged as support.
Indicators trending down.
This setup can easily lead to lower prices.
Make sure to have a plan if you decide to trade.
This is not financial advice.
Bitcoin (XBTUSD) continues with a slow but consistent recovery from the strong mid-March drop, prices hit EMA50 ($7302) today.
EMA50 is an important level in the daily timeframe, breaking above it can send Bitcoin higher up.
Right now prices continue to increase but the trading volume is still low, so we need to be cautious as things can turn fast here with...
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 26th .
This is a 30-minute chart created yesterday.
The trend was stronger than I thought,
In the marked finger section,
Every move came out.
Bitcoin Dropping (Short-Term)
Bitcoin (XBTUSD) recently closed below EMA10 and now also EMA50 has been broken as support... With this break, prices can easily move lower and hit $5660.
If $5660 breaks (red arrow), then prices can go even lower and hit $5250/$5300 short-term, depending on how this level is handled we can look for the next move, at that time we...
It's been a while since my last analysis on the XRPBTC (Ripple vs Bitcoin) chart... This is one of our favorites.
XRPBTC printed a higher low on low volume... This retrace is coming to an end.
Many other altcoins pairs have a similar chart, a strong retrace that produced a higher low, and ended up in a strong bullish breakout, this can happen for Ripple as...
Bitcoin (XBTUSD) just produced a higher-low compared to late January and is starting to show early signals of a bounce... Let's take a look.
1) Marked with light blue we can see the higher low (HL).
2) Prices are now trading above EMA10.
3) The RSI is above 50.
4) Prices are starting to move higher...
We only need some additional volume to confirm this move.
The cryptocurrency market is filled with amazing people, extremely smart and open-minded but also ultra-bullish, and it is surely un-popular to post/write/share that Bitcoin will drop.
Being an eternal Bitcoin Bull, I've learned this through experience over time and if you post lots of "bearish/short" analysis for Bitcoin, the public stops reading what you wrote...
XBTUSD (Bitcoin) is now trading below MA200 and EMA200 on the 4H Timeframe, signaling that the bears are now gaining control.
Prices have been slowly dropping since a peak was hit on the 13-Feb. There is the possibility that this becomes a strong correction, the biggest one before the halving but this is yet to fully confirm.
So far we have a normal retrace and...