Bitcoin (BTCUSD) on the monthly timeframe closed with a bullish candlestick. EMA10 held as support and now Bitcoin has the chance to move higher. I made this chart pretty simple... This is how I am looking at it right now. The light blue space is a tight range between our main resistance and support levels. If $9788 can be broken, Bitcoin can easily move...
Bitcoin's path to $33,333+. Let's keep it simple. We are going to look at just 6 different signals. We had all these same signals before the 2019 Bitcoin bull run, let's take at look at them now and see if it makes any sense... Hit LIKE and push me up... (1) Bullish flag. (2) EMA10/EMA50 Cross. (3) Bullish divergence with the MACD and RSI. (4)...
Patience is key we are used to saying... is it not? Will Bitcoin collapse? Is it collapsing already? Doomsday is here? Bitcoin (XBTUSD) broke below EMA10 switching its bullish potentially from bullish to bearish on this timeframe (4H)/short-term. Note: On the daily timeframe Bitcoin is still safely trading above EMA10 which is sitting at $8835. (Meaning that...
Midterm forecast: While the price is above the support 7306.30, resumption of uptrend is expected. We make sure when the resistance at 10914.00 breaks. If the support at 7306.30 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 7788 on 2019-09-26 and the...
Bitcoin's bulls showed themselves really strong last week when they bought everything below EMA50 and pushed the price above EMA10 in one single candlestick. Bitcoin (BTCUSD) was trading below EMA10 ($9170) and fell below EMA50 ($8012) to reach a low of $7293... As soon as this low was hit, Bitcoin had a very strong bounce and the bulls now are back in control......
After a fake breakdown Bitcoin is now undergoing some really massive bullish action and additional growth is possible and happening now. On the chart above we can clearly see a fake breakdown of support in the form of the moving average (EMA300/grey bold line)... EMA200 (orange) was working as resistance but was also broken with Bitcoin now trading above...
still riding my long from 100++ will close if 9977 and flip short otherwise hold it like a champ YOLO
Beware BTC Death Cross over Going to Happen. This is bearish cross over where 50 MA cross downwards to 200 MA in 1 Day chart. We can taste $6000 level soon if BTC price remain below 200 MA
Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been printing higher lows since... Looking at this setup, a new possibility emerges. After the strong drop around the 24-Sept., the bear volume has been low and Bitcoin recently managed to break above EMA10 on the daily timeframe. Above EMA10 gives us bullish potential... Now that EMA10 has been conquered,...
Bitcoin (BTCUSD) reached a peak price in late June... Old news, and moved down to test EMA10... After some consolidation, EMA10 was broken and now Bitcoin's price is trading just above EMA50. Looking at the bearishness of this chart, EMA50 can breakdown next just as EMA10 broke. If this level breaks, the next support is sitting at around $6,350 or EMA100. From...
Bitcoin (BTCUSD) is showing early reversal signals. We can see its price now moving above EMA10 and gaining momentum. If this movement continues, we can expect Bitcoin to hit $8,088 easily followed by $8,200 after. The $7800 - $7900 range is where we can now find strong support. If prices move lower, this will be a very important level. Right now,...
#XBT/USD SHORT TERM VIEW
Midterm forecast: While the price is above the support 7446.80, resumption of uptrend is expected. We make sure when the resistance at 9243.50 breaks. If the support at 7446.80 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another...
Bitcoin (BTCUSD) took a two days break and is starting to bounce. It is challenging EMA10 right now after a false breakdown below the 0.786 Fib. retracement level from the last bullish wave. If BTCUSD can remain above EMA10 ($8057), this is a good signal telling us that it is likely to go higher. But if BTCUSD moves below $7993 (0.786 Fib. retracement support),...
Bitcoin (BTCUSD) did not move to 9k, which is obvious, it continues consolidating within a range... Sideways Bitcoin = Altcoins Growth My previous analysis on Bitcoin remains valid (you can see it below), we now proceed to take a look at the Altcoins growing more and more. Bitcoin (XBTUSD) Moving Aries | $8.6 -$9k | Short-Term Full Moon ALTCOINS Market...
Bitcoin (XBTUSD) is likely moving higher now... but why? On the chart above, take a look at the trend line... This trendline worked as a strong resistance pushing Bitcoins price down multiple times. After it was broken, Bitcoin challenged the next resistance and came back down to retest the trendline... The trendline held successfully and Bitcoin is now showing...