Bitcoin | Multiple Timeframes (1H, 4H, Daily & Weekly)We've been waiting for Bitcoin to move up since we saw Ethereum going ahead... We feel confident that it will follow and also hit a new All-Time High.
The chart is once more starting to look good.
We will focus on the signals...
Bitcoin Daily (D) Timeframe (BTCUSD)
We start with the daily timeframe, here is the chart:
First, we can notice prices moving above EMA10, EMA21, and EMA50.
EMA50 is a strong one now sitting at $54915+.
Bitcoin trading above this level is strongly bullish.
Below signals bearish.
Daily candle closure above this level is needed for confirmation.
The RSI is strong above 50 and we have a bullish cross on the MACD.
All the classic signals in place but some still developing.
We also have a falling wedge and an inverse Head & Shoulders pattern, all these points higher.
Bitcoin 4H Timeframe
On this timeframe, 4 hours per candle, we can see BTCUSD moving above all of the EMAs. MA200 is the black line. We are strongly bullish above this level.
This also happened after a higher low with bullish indicators, the signals are telling us that we should see GREEN.
Bitcoin 1H Timeframe
Finally, the 1H timeframe, here we can see the pattern that is pointing to straight up.
Bitcoin Weekly (W) Timeframe
We can see BTCUSD moving back above EMA10.
The weekly timeframe closes in just 2 days.
Closing bullish would mean that we had very little to no retrace.
Now, when prices start moving higher...
What's your target?
I am now aiming at $80,000 followed by $100,00K
What Do You See For Bitcoin's Future?
We see bullish Bitcoin in 2021 and beyond.
We are seeing bullish long-term longer than most people expect.
Things will not be what they feel like.
Things will look and feel bad in some ways but turning good in the core.
The good will bloom and shine.
Cryptocurrency will help us level out the upcoming financial disaster that the conventional markets will be facing.
Leave us a comment with your views, thoughts, and opinions on this.
I love you now, forever & always.
Thanks a lot for your continued support.
This is Alan Masters.
Namaste.
Okex
Ethereum Can Easily Hit $3250 Daily If The Final Upgrade From...What is happening with Ethereum (ETHUSD)?
This chart is looking weak or strong?
Ethereum has been growing massively and this is great news for the entire cryptocurrency markets.
It is great when Bitcoin grows but it is also good to see the Altcoins do great... Feel free to hit LIKE now and let's get to the ETHUSD chart.
Ethereum vs the U.S. Dollar
The resistance is now set at $2750 - $2800; I came here because I saw the potential for a bullish breakout and wanted to let you know.
📊 Above $2800, ETHUSD can make a quick and strong jump to $3250 or more.
Conditions for change
If the bears jump in and the bullish momentum is lost, support can be found first at EMA10 now sitting at $2560, this would be our main daily support.
If this level breaks, we look for $2150 as the next support (EMA50).
Any trading above EMA10 and we are STRONGLY BULLISH ON ETHUSD.
Remember what I shared in my previous analysis... Bitcoin is very likely to follow Ethereum and hit a new All-Time High, soon!
What's your take?
LEAVE A COMMENT!
Namaste.
Ethereum (ETH) Moves Ahead, Back Above EMA10 +Altcoins UpdateEthereum (ETH) Moves Ahead, Back Above EMA10 +Altcoins Update
Ethereum (ETHUSD) peaked 16-April reaching a new All-Time High, what followed was a sudden but fast correction that took prices all the way down to EMA50 on a wick... Let's see what happens next.
Ethereum Bullish Chart Signals @alanmasters
Yesterday we saw ETHUSD bounce off the EMA21 line to close daily above EMA10 ($2294), this is a bullish signal.
The short-term potential of any altcoin trading pair can be determined depending on where the current active candle is trading compared to the EMA10 indicator.
Above EMA10 we are bullish.
Below EMA10 we are bearish, but this is only short-term.
We also have a very strong RSI above 62 and the MACD on the bullish side as well.
We have an ascending channel/higher highs and higher lows.
The altcoins market, in general, continues to do great, we've seen some short corrections, small retraces, just like Bitcoin did in 2020.
After these small corrections and retraces, we continue growing more and more.
This is expected to continue for the entire year of 2021 and beyond.
What's your take?
Both Bitcoin & The Altcoins Market will continue blessing us with tons of opportunities.
It is a great time to be trading altcoins now.
Remember that patience is key.
Thanks a lot for your continued support.
Namaste.
Are You Scared? We Are Talking Bitcoin, Relax!We have countless days of bullish action and we all jump and rejoice... We continue with a bullish market and we all enjoy the profits, the growth, and the fun.
We get one red day and we call it the end of the of it all... Remember, patience, Bitcoin is moving back up.
Bitcoin Recovers?
Looking at the 4H timeframe so far we have a "V-shaped" drop and also a strong bounce, these signals can tell us of a potential recovery.
Prices moved below EMA300, the grey line on the chart, just to quickly move back up.
This can be seen as a strong shakeout, a long-squeeze, a correction, etc... The important part is to see prices resume growth.
The signals are good so far.
If we look at the daily timeframe, Bitcoin remains trading above EMA50 which is good.
If this level breaks, then bullish bias can change.
For now, Bitcoin continues to look great.
Namaste.
Bitcoin Monthly | Please Explain $100,000, $140,000 & $165,000!This is the monthly chart for BTCUSD (Bitcoin) which shows the bulls in full control.
First, we use EMA10 as a gauge of bullish/bearish potential for any altcoin trading pair.
Above EMA10 for us equals bullish.
Below EMA10 for us equals bearish.
Right now, Bitcoin is trading safely and strongly above EMA10, keeping the potential towards the bulls.
The immediate resistance is set at $65,000 on this timeframe based on my Fibs.
We follow up with $80,000 and here we have $100,000 all the way up to $165,000+ as potential targets.
In general, the idea is that the market can always change... That's the charts are always changing and we can only prepare based on what is happening rather than act based on what we think will happen.
What is happening here is that Bitcoin continues higher and is aiming for more.
This chart here is pretty clear, we have been having strong bullish action but prices can continue to grow.
We do not see any downward pressure...
We are not testing any new support.
Instead, Bitcoin continues moving higher, we are now facing resistance again and as soon as the resistance is broken, the Bitcoin price continues its run.
How long will this go for?
I honestly don't know.
But as we break above $80,000, we are very likely to hit $100,000+
That would be great, wouldn't it?
Let me know in the comments section.
Thanks a lot for your support.
Namaste.
Bitcoin Stimulus Pump To $63,000-$65,000 Back OnTrack + AltcoinsThe "Stimulus Pump" is real and it is now being felt on the Bitcoin's price.
Ever since the 1.9T Covid checks were approved this past weekend, we have been seeing the bulls jumping back on top.
Now that the news is in, prices are starting to go back up.
The last high is the next resistance at $58,350 but we can go higher based on the short-lived retraces and the massive bullish action taking place between Bitcoin and the Altcoins.
Bitcoin @$65,000+ Again Possible!
We have seen bullish the entire year.
We saw the Altcoins grow since late 2020 and beyond.
Altcoins Market Update
We continue to be highly profitable and strongly bullish on all Altcoins.
Notice how Bitcoin's price continues to change, up and down, down and up, yet we continue trading, holding, collecting profits, every day no matter what Bitcoin does.
The market is always moving...
Prices will always be fluctuating back and forth.
The important part to be successful is to have a strategy preplanned, be prepared... The rest is just waiting for the market to jump.
We can expect even more bullish action coming from the altcoins...
We can expect even more bullish action coming from Bitcoin...
We can expect the entire Cryptocurrency market to continue to grow.
Feel free to leave a comment with your questions.
Remember to hit LIKE!
Thanks a lot for your support.
Namaste.
Ethereum (ETH) Below EMA10 Weekly, Lower Prices Coming...Just like Bitcoin, Ethereum (ETHUSD) will also resume growing but only after seeing lower prices.
It is normal to have a correction after such strong bullish action.
Here we can see that ETHUSD is already trading below EMA10 weekly, sending out a strong bearish signal.
(Note: Candle closure later today is needed for confirmation of this signal. ETHUSD most close below $1361 to confirm the bearish potential).
After we test EMA21 at $1050, we can see a bounce before lower prices.
The RSI has been trending lower strong and this week we have a full bearish candle.
We also have a volume breakout favoring the bears.
Visit my profile for the Bitcoin (BTCUSD) daily analysis as well.
Thanks a lot for your continued support.
Namaste.
Look At The Bright Side, Bitcoin Going To $65,000+ After HittingLet's look at the positive side and hit like...
Bitcoin is bearish after some really strong bullish action, but this is just a healthy correction taking place.
Yes, we see Bitcoin going lower since the 22nd of February but the trading volume is low and we continue bullish mid and long-term.
We are likely to see prices bounce to ~$50,000+ when EMA50 (~$40000/$41500) is hit.
Then we can have another bearish leg before the Bitcoin price can continue to increase.
At EMA100 we can fully reverse, what's your take?
Remember you can leave a comment if you have any questions or anything to share.
This is Alan Masters.
Thanks a lot for reading.
Namaste.
$60,000 or $65,000 Bitcoin Today? Can Go Higher!The excitement starts early today for Bitcoin (BTCUSD) with prices already reaching new highs.
How far up can we go today?
Since 5-Feb., we have $65,000 as our main target.
You can see it below:
And here:
But, we are already past $56,000 and bullish momentum is only building up.
We are very likely to hit $60,000 next.
We are going to $65,000 in just a matter of days... What's your take?
Feel free to hit LIKE and leave a comment now...
Namaste.