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Happy New Bitcoin 2022Yesterday Bitcoin managed to close above EMA10 and EMA21 with average volume... This is good and supports our previous idea of a bounce next before anything else. By "bounce" I mean prices moving up from the most recent low but not necessarily for a long-term upward move but it can just to later hit a new low. Of course, things are always changing and the bounce can lead to a reversal and we see prices print additional growth. That's not the point right now. EMA50 has been tested as resistance. We have not strong enough indicators... We are likely to see Bitcoin close 2021 around $47,000 and $50,000 depending on how the day goes. Happy New Year 2022. Amazing year that it was 2021. I am wishing you the best financial success ever in 2022... I am wishing robust health, good feelings, great moments... I am sending you appreciation in the form of LOVE! See you around. Thank you for being with us all this time. Thanks a lot for your amazing support. Thank you! Namaste.
BITSTAMP:BTCUSDLong
by AlanSantana
2
Bitcoin Daily Short-Term UpdateGoing a bit deeper, 1H TF, let's see what BTCUSD has to say. A few hours ago we can see a clear break of EMA10, EMA21 and EMA50 as resistance with good volume. Even though though we have good volume on the next 4 consecutive red candles, BTCUSD remains above EMA10 and the other emas, signaling that the bulls are doing it but slow. The red marked space is the main short-term support. As long as we stay above this level, we can expect additional growth. This is a short-term analysis. Things can change fast. I will be giving you more updates as the charts continue to evolve. Happy New Year 2022! Thanks a lot for your continued support. Namaste.
BITSTAMP:BTCUSD
by AlanSantana
Bitcoin Daily Short-Term UpdateWe are going to be looking daily at Bitcoin (BTCUSD) either on the 1H, 2H or 4H timeframe, sending out short-term updates... Stay tuned and please bless us with your support. Looking back at the 4H timeframe, the same TF as yesterday, we have a Doji to close Dec. 29. The Doji when coming up as it is showing on this chart can work as a reversal signal. Another point in favor of the bulls/recovery is the RSI. We are seeing Bitcoin trading near "oversold" and this doesn't last long normally. Bitcoin tends to jump as soon as oversold is hit. Warning: Futures expiring on Friday (tomorrow). This can be a mixed event so watch out. Here I am mapping this as a bounce followed by a drop (green then red arrows), but we are hopefully looking at straight up. See the chart. Hit LIKE! Leave a comment if you wish. Thanks for your support. Namaste.
BITSTAMP:BTCUSDLong
by AlanSantana
Not So Fast... Another Shakeout? Bitcoin Back To $56K Soon!Patience is key or so we love to say... Bitcoin (BTCUSD) had a small drop yesterday but this is nothing to worry about. Here I have the 4h timeframe chart just to show you... Hit LIKE now and let's get started! We have a long-lower wick on the current candle and also higher lows compared to early and mid-December. Which side are you on? Are you bearish on Bitcoin or do you think its price will grow? I am bullish above $45K with a $43K manual stop-loss with a target at $57K and beyond. Remember, it doesn't matter what the chart says or what the market does... Plan before hand/be prepared, set your goals, diversify and that's all. Namaste.
BITSTAMP:BTCUSDLong
by AlanSantana
2
Solana looks bullish in the short termI think solana is capable of reaching 208-209 level looking at the 4hr time frame as it is in an ascending channel. On the daily chart, although it is doing fine having passed the support 194.27, low volume is still a concern. If we see some volume pump, sol can reach the 218-220 level according to fib retractment. P.S.- I am a very novice trader who has started very recently. I might be very wrong with my analysis. Any help in the form of advice, knowledge, criticism is welcome. Please let me know what you think about this. That will only help me get better. Thank You
Long
by dg21101997
2 Possible Scenarios Hello Fellow Traders, We are currently witnessing/participating in historic times BTC is currently trading at new levels of support trading around 50K USD, i personally don’t believe we are in a Bear season even though The US Dollar is being Printed more than ever. Right now the Crypto Fear & Greed Index is at extreme Fear as people are scared to buy when it's time to be Greedy!!! I Personally believe that when we enter the first quarter of next year BTC will hit levels around 80K which is a 60% increase which will mean incredible gains for Altcoins. Alt Season May be here soon than anticipated!
BITSTAMP:BTCUSD
by CryptoCurriculum
Bitcoin Straight Up? Short-Term AnalysisWe have multiple signals telling us that Bitcoin can move straight up. Looking at the 2h timeframe for BTCUSD, we can see prices trading above EMA10 and all other EMAs. The trading volume is still low but we are seeing steady growth, the bulls pushing higher. We have a very strong RSI to support additional growth. The next resistance is set at $52,000 followed by $54,000, short-term. Support is set at $48,650 to $50,000. I say we go up this weekend... What do you say? Leave us a comment. Namaste.
BITSTAMP:BTCUSDLong
by AlanSantana
2