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...
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...
Ethereum (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...
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...
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...
The "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...
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...
Let'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...
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...