Today we see clear bear action developing after a low retrace and some higher lows. We can see prices moving below EMA10 on low volume... This volume will soon grow and the correction can speed up. At this point, the only way to change is to move back up and hit new highs consistently... After a new high, retraces/corrections due take place. The Altcoins...
We can see Bitcoin (BTCUSD) breaking below EMA50 for the first time since April but the volume is much higher now than back then... Bear volume/RED. We can also notice a bearish cross of EMA10 and EMA50, signaling more low. After EMA200 was tested (brown line), a bounce is normal and expected. As soon as this bounce is done... You can expect Bitcoin to drop some...
We now have Bitcoin (BTCUSD) fully retracing with a full bearish candle close below EMA10, signaling that prices can easily continue lower... But, what happens to the altcoins? In our view, we have mainly three markets when it comes to Altcoins vs Bitcoin. First (1), we have Bitcoin vs the Dollar (BTCUSD). Second (2), we have the Top10 Altcoins (ETH, XRP,...
Bitcoin trading volume has come to a halt basically after the low on the 25th of November was set. SUPPORT Now, BTCUSD is trading around support. If this support range holds, $6900 - $7100, then we are very likely to see the next move develop to the upside, but what happens if the support breaks? There is strong support around $6700 - $6850, so if 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 know many of you are really interested in the smaller altcoins... The altcoins market continues to grow stronger and in bullish potential, here is what will happen next. Now, before we get started, it is always necessary to make this small but very important distinction when we talk about Altcoins. Conventional analysts here talk about Bitcoin and...
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...
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...
Nowadays as CRYPTO ERA is going on and we all are watching many ALTCOINS skyrocketing for no reason and most of the people out there are watching it and feel like they are missing out on great opportunities and then suddenly come into the picture to capture some quick gains due to FOMO and by the time they come and participate small shakeouts starts happening and...
Just 5 days ago we looked at the bearish potential for Bitcoin, " Bitcoin Entering ABC Correction | Altcoins About To BOOM! " This potential remains intact. We are likely to see lower prices in the days to come. Just a correction before we resume massive strength and bullish growth. We believe the Altcoins will do great while this correction is done. This...
Bitcoin (BTCUSD) is showing multiple bearish signals on the 4H time frame. We are looking at a bearish MACD, line, and signal. The RSI is also on the bearish side but moving around support. Before Bitcoin can move any lower, it first needs to break EMA100 ($11077), only if this level can be broken, BTCUSD is to move lower and test the $10,600 - $10,400...
Bitcoin (BTCUSD) is now moving within a descending channel, going lower. Now I am seeing a potential bounce in place or further drop. Bitcoin can easily move lower, according to the chart above, but a bounce is also very likely. As for the mid $6,500 price (I am looking at the $6200 - $6500 range), I am looking at this level for Bitcoin (BTCUSD) to fully...
There you have it folks, just a small correction (ending in a higher low) and Bitcoin resumes growing... Once more showing that Patience is the key. This is not set in stone though, nothing is specially when looking at charts, they are always changing. Our main support on the 4h timeframe based on my previous analysis is set at $55,000, this is our main...
As we predicted the smaller altcoins (small by market capitalization) are now starting to move strong. The bigger Altcoins and Bitcoin remain in correction mode. What Happens Next? This is our time and that is when the Altcoins (all altcoins minus the TOP15/20) start to move strong. But what is going to happen next? How long will this go for? Bitcoin can...
The weekly candle is now complete and we have a bullish close at $59016.39 for BTCUSD. Last week closed higher than the 15-Feb. week where Bitcoin hit its previous All-Time High. The current All-Time High on this exchange (BitStamp) is currently set at $61781.83, hit on the 13th of March. As Bitcoin grows, the Altcoins market is also doing great and showing...
Ok... I know what's on your mind... Hit LIKE to get started with this analysis now! 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...
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...
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....