Ok... I know what's on your mind...
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We predicted Bitcoin (BTCUSD) hitting around $9600 but...
As soon as this happens a new question comes up...
Will it resume growing or will it go lower?
Let's keep it simple shall we?
Bitcoin is very likely to go lower.
Now, I am not saying this based on upcoming news...
For a clear view just look at the arrows pointing the direction with the trend lines Heavy check mark
After hitting the green barrier price bounced and traveled with the trend line, Currently it hit the red barrier above and got rejected.
This is simply a bearish gartley pattern. Based on the picture below, price movements will help you to identify a higher probability selling opportunity.
Also as mentioned in the wave AB, the bullish consolidation gets retested again
We've been looking at Bitcoin but keeping our focus 100% on the Altcoins...
Here are the questions that continue to come up:
1) What will happen to the Altcoins if Bitcoin crashes?
2) Will there be a new Altcoins bull run?
3) If yes, to question #2, when will it happen?
4) How are you doing Alan Masters?
Ok... Let's get to it.
First, I've given...
Bitcoin had a very strong close in July at $11350, hitting a new high and the highest price since August 2019... 1 year ago.
This is a huge development and opens the door for additional bullish action.
We've been aiming at the highs $13k/$14k on multiple timeframes if the $10400/$10500 barrier was taken out...
This is true in the monthly timeframe as well.
Finally we get to look at some bullish signals for Bitcoin... Hit LIKE and start reading...
We will first look at the daily and then short-term on the 4H and 1H timeframes... Let's get started.
Bitcoin (BTCUSD) recently moved above EMA10 and EMA50, which lead me to quickly adapt and share an article mentioning this as a bullish signal and new potential for...
Hello my fellow cryptocurrency trader, wishing you a great Sunday today and also a wonderful upcoming New Moon.
We've been looking at Bitcoin (BTCUSD) over and over short-term... Which can blur the long-term picture as to what is coming for this cryptocurrency, the King... next.
Hit LIKE now and let's get straight to the conclusion...
Bitcoin (BTCUSD) is very...
ETH USDT pair is at retest support Zone Soon it will break the descending resisitance
My Buy zone - Near Retest level (239- 236)
sell target 1 - 246
sell target 2 - 256
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What we saw recently for Bitcoin (XBTUSD) was a fake breakout. Prices moved above support just to quickly fall back down.
Our previous view/analysis remains valid.
Prices are now trading below MA200 and also below the purple trendline.
Thanks a lot for your...