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...
We looked at the mixed signals for Bitcoin (BTCUSD) on the 4H timeframe... Now let's look at the daily and see what we have. We still have some mixed signals here since we are technically bullish above EMA10... But we have many signals developing that tells us a drop can come next. Let's get started right away. ---- 1) Let's start by looking at the blue lines...
live trading buying in rejection zone
Hi there, BTC presenting a running flag with a possible good risk-to-reward long entry forming. Trade with care! - chartingfeed
Just needs to flip the weekly resistance above.
Ethereum (ETHUSD) follows Bitcoin (BTCUSD) which is now in a bearish continuation move (see related ideas). On the 2nd August ETHUSD printed a long lower wick that tested EMA50 as support. After this test, we ended up with a lower high... So EMA100 is likely to be tested next. The target for ETHUSD now sits at $347/$344, which is the 0.618 Fib. retracement...
Multiple bearish signals are starting to develop on the BTCUSD chart. On the last drop , prices tested EMA50... EMA100 can be tested next if EMA10 breaks. If EMA10 holds, the last high can be tested before the next move develops. Namaste.
Just noticed, Mr. Gartley forming up on $BTC Don't worry, market is bullish. But just be cautious Warning sign And keep watching that D.
Let's have a quick look at Bitcoin short-term. This is the BTCUSD pair on the 1H timeframe, let's read the chart. We can see prices moving below EMA10/50/100 and MA200 (black line). Bear volume starting to increase as soon as prices moved below MA200. The MACD moving below zero while curving down. Weak RSI below 40. Strong bearish candle on 2-Aug....
This is it folks... Bitcoin (BTCUSD) peaked. Here we can notice a strong bearish divergence between Bitcoin and the MACD/RSI. We also have the Bitcoin CME Futures GAP which I wrote about on July 28... Prices are now clearly aiming lower. All the support levels are marked on the chart. Namaste.
IF YOU DID NOT SAW MY LAST POST PLEASE GO AND CHECK THAT BTC DUMPED 1500$ AND I POSTED A SHORT CALL THERE BEFORE DUMP I SHOWED BEARISH DIVERGENCE THERE IN 4H CHART AND THAT WORKED AS I SAID WE SAW A BIG DUMP FROM 12K$ .... NOW IN THIS CHART I AM A BIT BULLISH AND LOOKING FOR SOME LONGS NEAR 11K$ AS THE CORRECTION LOOKS OVER AND WE CAN EXPECT A GOOD SUPPORT NEAR...
Hi there as you can see this chart and clearly see past history easily. You can see deminising returns on btc also I want to catch your attention on bear cycle and bull cycle which is lengthening 2.5 to 3 times every cycle. Red box is our bear market and green box is our bull market marked on data available from 2010. You can see and identify Using this chart...
IMO bull run is started we are going higher in upcoming months!
Last week Bitcoin (BTCUSD) went bullish, which is great news as new money enters the crypto markets. Even while seeing altcoins retracing, which all were having a great/amazing (and continue to have) run, it is still all good as this new money supports long-term growth. So, once Bitcoin and the big Altcoins have their fun, the money will flow back to the smaller...
Looking at Bitcoin (BTCUSD), prices are moving NOW above EMA10 and EMA50... Changing our bias from bearish to BULLISH! THIS IS GREAT NEWS! Breaking above EMA10/50 is a really good bullish signal and only confirms after the daily candle closes... So this is an "early signal". The RSI supports this move since it is above 50 which we consider bullish/strong. The...
Bitcoin (BTCUSD) is bouncing after hitting a new low on the 2h timeframe... Can it go higher? Prices for Bitcoin are now challenging EMA50, as well as the descending trendlines marked on the chart... This is the immediate resistance. If BTCUSD fails to close above this level, we will see prices move lower following the red arrow. We will only consider...