Bitcoin (BTCUSD) is showing early reversal signals.
We can see its price now moving above EMA10 and gaining momentum.
If this movement continues, we can expect Bitcoin to hit $8,088 easily followed by $8,200 after.
The $7800 - $7900 range is where we can now find strong support. If prices move lower, this will be a very important level.
Right now,...
Bitcoin (XBTUSD) is likely moving higher now... but why?
On the chart above, take a look at the trend line... This trendline worked as a strong resistance pushing Bitcoins price down multiple times.
After it was broken, Bitcoin challenged the next resistance and came back down to retest the trendline... The trendline held successfully and Bitcoin is now showing...
Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been moving higher, slowly, since...
A peak price was hit yesterday (11-Oct.) at $8,820 with a long-wick/huge rejection candlestick.
But still, we believe Bitcoin will bounce and move higher, why?
The volume on the drop is really low... Bears are lacking strength. If Bitcoin drops some more and there is...
Most people believe that Bitcoin (BTCUSD) is entering a consolidation phase (green triangle) which will lead to a bullish explosion pushing bitcoin higher in value.
A repetition of what we saw in late 2019 and early 2020.
If this scenario comes to pass, we can see Bitcoin hit $28,000+ in early 2020 and beyond...
We've looked at the short-term view, bearish...
Bitcoin (BTCUSD) just printed a strong bullish candlestick pattern, but we are not there yet...
Feel free to hit LIKE now and let's get started with this analysis... Thanks a lot for your support.
Bitcoin (BTCUSD) | Daily (D) Timeframe Analysis
Circled in green, we can see the bullish engulfing pattern.
We can see a young bullish MACD crossover.
MACD...
Bitcoin (BTCUSD) short-term drop, as seen in my previous analysis, is coming to an end.
We can look into any pair short, mid and long-term.
We are looking into Bitcoin (BTCUSD / XBTUSD) daily, in order to determine its next move.
Our main target now is $8500.
We went from SHORT to LONG...
Conditions for change
Remember that this situation/chart can easily...
MATIC Network (MATICBTC) continues strong after our analysis shared on the 7-August. The low has been maintained, we are seeing slow and steady growth.
Previous analysis:
Now, we are getting signals that MATICBTC can move higher, let's take a look at those:
We are seeing a bounce after a potential higher low.
MATICBTC moved above EMA5 and EMA10, the...
Bitcoin (BTCUSD) remains bullish on the monthly timeframe.
We are not used to seeing a "long-term" bearish Bitcoin.
We are not used to seeing Bitcoin consolidate/go lower for months.
There was only one occasion where Bitcoin went negative for six months straight. That was between August 2018 and January 2019... What followed was the BTC 2019 bull-run which...
Bitcoin (BTCUSD) is trading below EMA10 and gaining momentum on the 1h timeframe.
EMA50 is also being broken now and we marked the next target.
Support is found next at $8218, which is the 0.382 Fib. retracement level from the last bullish wave.
The next support that follows if the above breaks are $8122 and finally $8027.
On the way up, Bitcoin needs to break...
Bitcoin's (BTCUSD) bounce is starting to take form.
We can see a new higher high on the 4H timeframe, as well as a break above EMA10. This candlestick that is open now closes in a few minutes for confirmation.
Trading volume is low which is normal on a weekend/Saturday, but we can clearly see an ascending triangle (not drawn) and a broken bearish flag. These...
Today's drop makes it clear that Bitcoin (BTCUSD) is going to retrace as we were expecting... But how much lower can it go?
Let's take a look at Fibonacci proportions for answers...
Bitcoin reached a peak in late June completing a move that started back February 2019... As it moved lower, it found at the 0.382 Fib. retracement level from the last bullish wave....
Bitcoin (BTCUSD) just closed below EMA10 on the weekly timeframe, let's get back to the basics... Back to keeping it simple...
Above EMA10 = Bullish potential
Below EMA10 = Bearish potential
Bitcoin's bearish potential has been activated on this timeframe, if BTCUSD remains below EMA10, it is very likely to move lower and test EMA50, which is now...
Bitcoin has pulled back from its monthly trading higher after bulls failed to break above the important $11,100 resistance level on Friday. Altcoins are outperforming the number one cryptocurrency, although the BTCUSD pair still has plenty of room to push higher this week if bulls can perform a bullish triangle breakout. Overall, Bitcoin still remains a strong buy...
I am looking at TOTAL2, the index for the total cryptocurrency market capitalization excluding Bitcoin ... Calculated by Trading View...
Here we have some signals to look at that can reveal potential scenarios for the future of the altcoins market capitalization... Let's take a look:
First let's notice the "support trendline" which is now in play. If this...
Our next target remains at $11,150 - $11,300 based on my previous analysis, which is playing it nice.
Right now we are seeing a strong bounce for Bitcoin (XBTUSD) after hitting EMA10. We can see good volume and momentum building up.
Above EMA10 we aim for our next target at $11k+. If Bitcoin moves lower, we look again for $10,500 (EMA10), followed by $10,100 -...
Bitcoin (BTCUSD) is showing a low volume bounce while trying to break slowly above EMA10.
We are seeing multiple signals that are pointing to move up but multiple resistance levels are to be taken out first.
The blue trendline is the main resistance that needs to be broken for Bitcoin (BTCUSD) to move higher. If this level breaks, we aim at EMA50 ($10278)...
Here is a quick chart for you guys, my beloved readers... I appreciate your support.
We are doing 8X on Bitcoin (XBTUSD) and we are aiming for $11,300 or higher.
Our last trade idea played out and we hit higher than our first target which was sitting at $10,650, Bitcoin went up all the way to $10,800 on BitMEX...
Looking at the action Bitcoin is having now, I...
If you've been following Alan Masters ( @alanmasters ) lately, you are aware that we have been right 100% of the time for our Bitcoin (BTCUSD / XBTUSD) charts/trade ideas for the past few months...
Today is no exception, Bitcoin (BTCUSD) just broke up.
Our targets remain the same, the analysis remains the same... Our vision remains the same... (Bitcoin is the...
