The same chart we draw recently is still valid and fully playing out... Ankr Network will jump. Here we have the chart for ANKRBTC with massive bullishness taking form. First we have a break of all minor EMAs (EMA10/50/100). MA200 is being challenged as well. Trading volume is going up (high volume). The MACD is showing a bullish cross. The RSI is...
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...
We waited for the weekly candle to close for BTCUSD (Bitcoin) to see if prices would either close above or below MA200 at $5524... MA200 failed to hold and now EMA300 ($4740) is being challenged... What happens next? The trading volume is really strong on the drop, it is the highest since November 2018 and there is surely additional room for a drop. If prices...
We've been warning for many, many months about the upcoming Bitcoin drop. Our target always has been around $5,500+ before the 2020 Bitcoin Halving, followed by sustained long-term growth. Just as we expected, Bitcoin (BTCUSD) dropped and is now looking for support. THE GOOD NEWS Just as we saw the BTCUSD hitting $5,555, after the halving we will see prices...
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's (BTCUSD) retrace gained momentum last week but hit a stop yesterday when the 0.5 Fib. retracement support was hit... This level is clearly marked on the chart. Here we have Bitcoin retracing on low-volume with prices now bouncing after reaching support. BTCUSD moved and closed below EMA200, MA200, and EMA100 just to quickly move back above these...
Bitcoin's (BTCUSD) retrace gained momentum last week but hit a stop yesterday when the 0.5 Fib. retracement support was hit... This level is clearly marked on the chart. Here we have Bitcoin retracing on low-volume with prices now bouncing after reaching support. BTCUSD moved and closed below EMA200, MA200, and EMA100 just to quickly move back above these...
We know many of you are really interested in the smaller altcoins... The altcoins market continues to grow stronger and in bullish potential, here is what will happen next. Now, before we get started, it is always necessary to make this small but very important distinction when we talk about Altcoins. Conventional analysts here talk about Bitcoin and...
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...
Bitcoin's retrace still hasn't taken its full form, it is a process still in the making (developing...). After what appeared to be a bullish signal when prices moved and closed above EMA10, a rejection quickly followed yesterday and now prices are back below this level. EMA10 is now sitting at $9761.8. We continue to see lower highs being printed and really...
Here we have XBTUSD ( Bitcoin ) short-term (1H timeframe). Right now we are seeing volume slowly rising with prices moving above EMA100 (blue line). The next barrier is sitting at $9841 (MA200) followed by $9980 and $10185 (fib.). If prices move lower, we are looking first at EMA50 at $9691 as support followed by $9500... We are looking bullish right now. Namaste.
#LTC/BTC (Binance) Buy : 0.0075 - 0.0077 Sell : 0.008 - 0.0085 - 0.009 - 0.01 - 0.011 - 0.012 - 0.013 Stoploss : 0.0069 #LTC $LTC #LTCBTC
We now have Bitcoin (BTCUSD) fully retracing with a full bearish candle close below EMA10, signaling that prices can easily continue lower... But, what happens to the altcoins? In our view, we have mainly three markets when it comes to Altcoins vs Bitcoin. First (1), we have Bitcoin vs the Dollar (BTCUSD). Second (2), we have the Top10 Altcoins (ETH, XRP,...
BTCUSD (Bitcoin) weekly just closed last week on a bearish candle, sending out a reversal signal. On BitFinex prices peaked at $10,491 after breaking above EMA10 and EMA50. Now that momentum is being lost and a bearish candle has been printed on low volume, these same levels that worked as resistance will now be tested as support. On the weekly timeframe,...
It is no secret that Bitcoin is dropping now... Many altcoins continue to grow... Bitcoin ( BTCUSD ) just broke below EMA10 and is aiming at $8000 - $8100 next. This price range coincides with EMA100 (purple) and EMA50 (yellow)... This looks like just the beginning of the drop. The MACD is looking bearish as well as the RSI. We were expecting this drop as we...
The Bitcoin Bulls are now taking the lead... A very nasty drop yesterday, today turns into a fake breakdown that can lead to a very strong bullish signal called "Bullish Engulfing, this signal is confirmed after the daily candle closes above $7175. Here is the daily chart for Bitcoin with the signal highlighted: We also have a bullish flag and EMA10...
We have been tracking Bitcoin (XBTUSD) closely basically on all timeframes and considering multiple scenarios... Here we are looking at it again short-term, 4H (4 hours) per candle. We put our focus on MA200 (black line) because it is a strong indicator for Bitcoin on this time frame. You can see all of the details about it here: Now, this level has been...