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...
Following up on our last Bitcoin (BTCUSD) analysis... Will it hit $9,000 Today? Volume is still low but gaining momentum. Now trading above EMA10 and EMA50. RSI is now on the bullish zone. Bitcoin is strong and the altcoins continue to grow. Previous analysis: Thanks a lot for your continued support. Namaste.
Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been moving higher, slowly, since... A peak price was hit yesterday (11-Oct.) at $8,820 with a long-wick/huge rejection candlestick. But still, we believe Bitcoin will bounce and move higher, why? The volume on the drop is really low... Bears are lacking strength. If Bitcoin drops some more and there is...
Most people believe that Bitcoin (BTCUSD) is entering a consolidation phase (green triangle) which will lead to a bullish explosion pushing bitcoin higher in value. A repetition of what we saw in late 2019 and early 2020. If this scenario comes to pass, we can see Bitcoin hit $28,000+ in early 2020 and beyond... We've looked at the short-term view, bearish...
The Bearish Descending Triangle break is one of the most reliable bearish pattern developments that can occur on a chart. Bitcoin just suffered such an event last month. And now we have the key moment: the reaction. A bullish trend that has the potential for genuine extension and longer-term success will laugh in the face of such a technical event, quickly...
see at 50% of imbalance and tp at when botom is breached
Is the Bitcoin (BTCUSD) chart changing? Have we gone from bullish to bearish short-term after we hit 3 targets for our last BTCUSD trade? Let's take a look... Feel free to hit like if you want to now show your support. ______ On the chart above we have the 'UPPER TRENDLINE' and 'LOWER TRENDLINE'... This is the range in which Bitcoin is trading right now....
Bitcoin (BTCUSD) just printed a strong bullish candlestick pattern, but we are not there yet... Feel free to hit LIKE now and let's get started with this analysis... Thanks a lot for your support. Bitcoin (BTCUSD) | Daily (D) Timeframe Analysis Circled in green, we can see the bullish engulfing pattern. We can see a young bullish MACD crossover. MACD...
Bitcoin (BTCUSD) short-term drop, as seen in my previous analysis, is coming to an end. We can look into any pair short, mid and long-term. We are looking into Bitcoin (BTCUSD / XBTUSD) daily, in order to determine its next move. Our main target now is $8500. We went from SHORT to LONG... Conditions for change Remember that this situation/chart can easily...