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...
Good morning again everyone and welcome back to my daily look into the world of Bitcoin. Today I have the four hour time frame pulled up and I can see we have been in consolidation since early Friday and it looks to continue into the weekend and possibly even till Sunday. We will just have to see how it goes. There are reasons to be bullish and there are also...
A new all-time high today for Bitcoin, BTCUSD, it only took one month since the last one. The next resistance I am looking at based on my Fibs. is sitting at $51,000. Momentum is just starting to build up. Volume is coming in. Chart Indicators We have a bullish cross on the MACD while above zero and we also have a very strong RSI. This is a very good...
Bitcoin is looking good weekly so far... The retrace the past 3 weeks was short-lived and didn't hit EMA10. We remain bullish as long as prices are trading above EMA10. In this timeframe, EMA10 for BTCUSD is sitting at 30396. On this current trend, BTCUSD weekly is aiming at the ATH at $42,000, that is if we continue to see follow up from the buyers. Above...
This is another one that I feel will recover in the coming days/weeks... It is likely that the low was hit back 7-Jan... Notice the high volume after this date... Notice the very low volume before this date. We have bullish divergence with the MACD and RSI, a long-term one, and recently prices trading above EMA10. Patience is key... That's the theme of this...
Sia Coin is one of the altcoins that have not picked up the rally yet - when the alts go up then SIA will be one of the good performers! Hodlers can expect 2x returns Traders can easily sell at a 40% gain from current levels
The bitcoin seems to be forming a head and shoulders pattern in the 4h chart, while we are in an ascending triangle. If we break down the support of the triangle, which is also breaking the neckline of the HnS pattern, we would obviously go down to the 22k-20 levels. the volume btw, is still low, if we get a drop with larger volume than normal, then is is a...
Analysis:- This is how going to happen. #Bitcoin #Crypto Do you think that there will be a session where Bitcoin and Altcoins will move inversely? If yes. then, what's your logic behind it and how, when it's gonna happen? #Bitcoin #Crypto
In the Spirit of 2021 and Bitcoin hitting a new high daily... HIT LIKE before getting started! Thanks a lot for your support. We are likely to be witnessing the last monthly bullish candle before Bitcoin starts to retrace... How far up will it go? Looking at our Fibs. on this chart, based on the monthly timeframe, we have the following resistance levels coming...
Today, the weekly RSI for Bitcoin just hit its highest level since December 2017. Bitcoin's weekly RSI has only been above 88 three additional times in the past. Back in June 2017, November 2013, and February 2013. Both times BTC hit this level back in 2017 the RSI dropped followed by a massive growth in the Bitcoin price. Looking back at 2013, there was...
Bitcoin just hit a new high today at $24722 on BitStamp and other major exchanges. Its price remain trading above EMA10 and all other EMAs. We have a stable ascending channel in which BTC is trading and all bearish signals that we saw back on Dec. 20-21 have been deleted. Both the MACD and RSI went through a reset and prices continue to aim and climb higher. ...
Hello my fellow cryptocurrency trader, how are you feeling today? I've been saying lately that Bitcoin has been tough on TA. What's this means is that some of the signals that are usually very accurate tend to be ignored. A peak/top is something that sometimes isn't 100% clear right away. We can see Bitcoin reaching a peak and falling strong the next day......
Just recently I did an analysis on the Bitcoin monthly timeframe chart. We looked at the TD Sequential indicator and how we always get a higher high on a positive 9 after the 8... This can be seen here: I would like to look a bit deeper into the Bitcoin monthly candles and why we are likely to go down before more up... within the month. This is something that...
BTC, LTC and other Altcoins are following 2017, 2018 Chart Pattern. If Bitcoin break all time high, Co-relation to it other Top Volume coins will break the records. Possible outcome for LTC > First TP = $144 > Second TP = $200 (move SL to $144) > Final Outcome = $300 Target Time = 2~4 month
Do we have two additional bullish/green months/candles coming for Bitcoin? Yes... According to this pattern. Notice how in the past, each time the TD Sequential hit a positive eight (8) a positive (9) always followed, and then a one (1) that hit a higher high before any form of retrace. At the present time, we have a positive eight (8) in November... If the...
I have been studying (university) lately so I have not had time to be analyzed. The technical analysis plus some reading about trading books. Applying what I have learned all this points to the price of most crypts going up (for altcoins like nano 3-7 cents big crypts from 3-6 USD). We will be able to see this reflected or starting between 22nd November this...
QTUM/USDT Long above --> 2.47 SL --> 2.395 Target --> 2.6 - 2.8