Search in ideas for "Bitcoin"
Bitcoin Cut Through $10.5K Easy, Where To Next?! + AltcoinsBitcoin managed to break the $10,400/$10,500 barrier easy... Where are prices headed next?
Ok. As soon as Bitcoin (BTCUSD) moved above EMA10/50, we quickly adapted to the market and saw $10,400 as the final target...
This level rejected Bitcoin's growth in the past... See it below:
July 21 | Bitcoin Goes Bullish... Where To Next? $9800 or $10,400?
Now that Bitcoin is above this level, which we considered being very important, where are prices headed next?
With high volume on yesterday's candle, a very strong RSI, and a bullish MACD, we can see BTCUSD easily aiming higher going to $13,000 or even $14,000 next.
If prices move back down and close below $10,400/$10,500...
We still remain bullish above the Moving Average lines on the chart.
We remain strongly bullish with any action that happens as long as prices stay above EMA50.
Yesterday's move is great for the entire cryptocurrency markets and signals big positive for the end of the year, Q4.
We will also track the monthly closure as the bearish view I shared recently will be fully invalidated if we close above $10,500 this month (just a few days away).
Altcoins Market
Don't worry about the altcoins let them correct... We saw huge growth.
It is normal to see a correction after such strong growth.
After the correction is over, the altcoins market will also continue to grow.
Remember we move in cycles, up and down, up and down, down and up... Enjoy the profits as they come.
Make sure to diversify and hit LIKE to show your support.
Namaste.
Bitcoin has formed Doji candle - High probability of reversalBitcoin has formed a triangle pattern on weekly and monthly timeframes and has reached the resistance levels.
Bitcoin has formed Doji candle on weekly timeframe, Its a reversal sign and high probability of reversal from here.
Bitcoin closing below 9300 levels on daily timeframe may be the confirmation of reversal and downtrend may be seen.
Daily close above 10200 may be the confirmation of continuation of uptrend.
So daily closing around 9300-10200 should be the levels to watch for any positional/swing trades.
Total crypto market cap has also formed a triangle pattern and reached the resistance of upper trendline of the triangle pattern and formed a doji candle which indicates the reversal.
Happy trading!
Team MintingM
Bitcoin Aims At $8110? Final CallBitcoin (BTCUSD) continues to print lower highs with indicators (RSI and MACD) going bearish.
Now that prices are once more going below EMA10 after a lower high, we are likely to test the next support... Meaning, EMA50 will break, and EMA100 at $8110 will be tested.
If prices bounce, the orange trendline needs to be conquered first before additional up.
This drop has been taking form for days now... This is our final call.
Thanks a lot for your continued support.
Namaste.
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Previous charts:
🅱️ Bitcoin Support Levels (4H Timeframe)
⭐️🅱️ Bitcoin Drop Takes Form (Support Levels + Signals) 1111
🅱️ Bitcoin Peak Prices Since All-Time High @$20000 (Lower Highs)
🅱️ Bitcoin Drop Starts Now?
Bitcoin Weekly "V Bottom" Moves Above EMA50 (Where To Next?)Bitcoin (BTCUSD) has been a slow recovery with slow and steady growth which is now turning into a "strong recovery".
We have a "V-shaped" bottom and there was only one barrier left to know if Bitcoin would produce additional up.
This resistance is at $7865 and is now being challenged on the weekly timeframe.
Prices for BTCUSD are safely trading above EMA50 (magenta line) on bullish indicators.
The MACD is showing a young bullish cross while the RSI is now sitting above 50.
All the EMAs were tested and held as support, including MA200.
If prices close weekly above $7865 (EMA50), we can easily see Bitcoin move higher and hit $9000+, which has been our target since March.
Do you believe Bitcoin will continue higher or a drop is imminent?
Share with us in the comments section below.
Namaste.
Bitcoin Prepares To Jump? $8000 As Resistance Next!Bitcoin (BTCUSD) is preparing to jump and will surely find resistance at ~$8,000 or MA200, marked on this chart with a black line.
Prices for Bitcoin managed to conquer EMA50 so additional growth is possible.
We have bullish indicators with low trading volume.
While the trading volume is low, we are seeing green bar after green bar being printed... A strong jump can easily follow.
Thanks a lot for reading.
Remember to hit LIKE to support my work.
Namaste.
BITCOIN IMPORTANT LEVELSBitcoin important levels marked in the chart.
I'm bullish on bitcoin and expecting a big move up as the price is between the Diagnol resistance and support .
There is extreme fear in the market,which makes me even more bullish.
We should head towards 9200$ levels forming another lower high ,10,500$ being the most recent lower high.
I reckon our bottom is in as we had a good V shape recovery from 3800$.
Bitcoin Dropping (Short-Term)Bitcoin Dropping (Short-Term)
Bitcoin (XBTUSD) recently closed below EMA10 and now also EMA50 has been broken as support... With this break, prices can easily move lower and hit $5660.
If $5660 breaks (red arrow), then prices can go even lower and hit $5250/$5300 short-term, depending on how this level is handled we can look for the next move, at that time we can share a new analysis if you are interested.
Conditions for change
If momentum shifts and prices go up and close above EMA50 or $6040 on this timeframe, we can consider the retrace over and that prices will resume the uptrend (green arrow)... Thanks a lot for your support.
Namaste.
Bitcoin Rising? Potential Bounce In-Play (10X Lev. Trade Inside)Bitcoin's (BTCUSD) retrace gained momentum last week but hit a stop yesterday when the 0.5 Fib. retracement support was hit... This level is clearly marked on the chart.
Here we have Bitcoin retracing on low-volume with prices now bouncing after reaching support.
BTCUSD moved and closed below EMA200, MA200, and EMA100 just to quickly move back above these levels.
If the daily candle closes above $8626 we have a positive signal, earning momentum for the bulls.
We are active here with 10X lev... You can find the full trade details below:
Where do you think Bitcoin is headed?
Do you think that prices will bounce here and resume the uptrend, or fakeout and continue to drop?
Share with us in the comments section below!
Namaste.
Bitcoin Rising? Potential Bounce In-Play (10X Lev. Trade Inside)Bitcoin's (BTCUSD) retrace gained momentum last week but hit a stop yesterday when the 0.5 Fib. retracement support was hit... This level is clearly marked on the chart.
Here we have Bitcoin retracing on low-volume with prices now bouncing after reaching support.
BTCUSD moved and closed below EMA200, MA200, and EMA100 just to quickly move back above these levels.
If the daily candle closes above $8626 we have a positive signal, earning momentum for the bulls.
We are active here with 10X lev... You can find the full trade details below:
Where do you think Bitcoin is headed?
Do you think that prices will bounce here and resume the uptrend, or fakeout and continue to drop?
Share with us in the comments section below!
Namaste.
Bitcoin Higher Low, Bounce In-Play | Next Target MappedBitcoin (XBTUSD) just produced a higher-low compared to late January and is starting to show early signals of a bounce... Let's take a look.
1) Marked with light blue we can see the higher low (HL).
2) Prices are now trading above EMA10.
3) The RSI is above 50.
4) Prices are starting to move higher...
We only need some additional volume to confirm this move.
We are active with a LONG trade for XBTUSD on BitMEX for over 130% potential profits...
Feel free to hit LIKE if you want to see the FULL TRADE details (buy-in, targets, stop-loss, capital allocation, and additional details).
We will share it at 150 LIKES.
If enough people hit LIKE we will know there is enough interest and share the full trade.
Thanks a lot for your continued support.
This is not financial advice.
Namaste.
Bitcoin Aims At $8,888, How Long Before The Drop?Bitcoin's retrace still hasn't taken its full form, it is a process still in the making (developing...).
After what appeared to be a bullish signal when prices moved and closed above EMA10, a rejection quickly followed yesterday and now prices are back below this level.
EMA10 is now sitting at $9761.8.
We continue to see lower highs being printed and really low volume.
If volume remains low, you can expect the "drop" or retrace to be slow and not so strong... But if volume starts to come in, we will see a big drop towards EMA100/MA200, sitting in the $8821.8 to $8900 price range.
Unless prices for BTCUSD move back above EMA10, we remain bearish, open for change, and expecting for the altcoins (smaller ones) to continue to gain.
Thanks a lot for reading.
This is not financial advice.
Previous analysis | S&P 500 Index Incoming Drop | Heading For 3258
21-Feb. | Bitcoin Continues Lower, $8950 Next? Support & Resistance Mapped
16-Feb. | Bitcoin Weekly | EMA10 Likely To Be Tested At $9000-$9150
16-Feb. | Bitcoin Aims At $9740 Followed by $9250 (Bearish Signs)
Namaste.
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Gold (XAUUSD) Continues Super Bullish | $2,222 Next?
Bitcoin Starts To Retrace | How Low Can It Go?Bitcoin (BTCUSD) is starting to retrace based on the 4H timeframe chart... Let's take a look...
But wait, before we go there, here is our full Bitcoin (XBTUSD) SHORT trade:
Now, for Bitcoin (BTCUSD), prices are now moving below EMA10, which would switch our potential from bullish to bearish if the current candle closes below this level. EMA10 is sitting right now at $9722.4.
We have bearish divergence with the MACD and RSI.
And we also have trading volume going lower while the MACD is showing a bearish cross.
So we have multiple signals pointing to a drop.
Do you agree with this analysis?
Make sure to hit LIKE before leaving a comment!
Thanks a lot for reading.
Namaste.
Bitcoin Starts To Gain Momentum | $8,000+ Or $10,000 Next?Bitcoin (BTCUSD) printed a massively bullish candle on the 18th of December, you can see it marked with a blue circle on this chart.
This candlestick printed high volume and managed to break above multiple resistance levels.
Many people are saying that Bitcoin will now go lower, and this is surely possible, but they are ignoring this signal.
Right now, on this timeframe, 12H, we are seeing a break of EMA50 (yellow) and EMA10 (green) already conquered, which is strongly bullish. (EMA50 needs candle closure for confirmation).
This move is just developing (taking form), if the candle close is strong, Bitcoin will continue going higher.
Here you can find additional information on a shorter timeframe (4H) | Bitcoin (XBTUSD):
Thanks a lot for reading.
Namaste.
Bitcoin Prints Strong Bullish Divergence | The Low Is In?Bitcoin has been consolidating downwards for the past three weeks while holding the low from the 25th of November. Today, a new low was hit at $6425 with a 4H candlestick now starting to show increasing volume and bouncing back up, is the low in?
Here is the 4H chart:
On the daily (D) timeframe, which is the main chart above, strong bullish divergence is showing up with the MACD And RSI.
These are early signals but Bitcoin (BTCUSD) might have hit its low.
We have been waiting for Bitcoin to start growing in December...
We remain bullish long-term.
The altcoins continue to grow even while Bitcoin is having strong retraces and drops... This is only the beginning, the cryptocurrency markets will grow in late 2019 as well as in 2020, 2021 and beyond.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Bitcoin Bullish Inverse Head & Shoulders | $8500+ Now Possible!Bitcoin ( XBTUSD ) printed the classic iH&S pattern and is now producing a bullish breakout.
The neckline is being broken to the upside...
If the current 4H candle closes above the iH&S neckline, we can see so much more growth...
We have been tracking this move since the 21-Nov. You can take a look at it here |
Bitcoin Going To $10K December | Will It Go Lower First?
You can find additional information on the chart above.
We are active with a trade with 8X leverage.
Hit Like if you would like to see the full trade.
If this trade idea receives 111 likes, we will know there is enough interest and share the full trade details (buy-in, targets, stop-loss, capital allocation, and more).
Thanks a lot for reading.
Namaste.
Bitcoin To $10k P.t 3 | iHead & Shoulders (Support & Resistance)Bitcoin (BTCUSD) is following perfectly my chart from the 21-Nov., where we spotted the potential for a bounce at $6500 and saw Bitcoin going to $10000+ next month.
You can see it here:
Now, Bitcoin is printing the classic Inverse Head & Shoulders pattern, with the right shoulder being formed on increasing volume.
To provide additional and useful information, I also added the Fib. support and resistance levels for this next move.
Bitcoin (BTCUSD) Support & Resistance Levels
Support: $7188, $7044, $6840, $6640, $6515
Resistance: $$7370, $7850, $8220, $8750, $9600, $10136
The bold orange line is the "neckline" for the iH&S pattern. Above this line, Bitcoin can make a strong move to the upside.
Below the neckline, the pattern can easily become invalidated and we see Bitcoin go lower.
My view
I am of the bullish view and I believe Bitcoin will move higher in December 2019. Now the chart signals are fully starting to support this view.
Here is my previous analysis with an update on the Altcoins market bullishness and growth:
Thanks a lot for reading and for your continued support.
Namaste.
Bitcoin To $10,000+ In Dec. Pt.2 | Altcoins Market UpdateBitcoin (BTCUSD) starts to bounce and we have good volume coming in. Our last trade idea mentions a $10,000+ Bitcoin in December 2019...
You can take a look at it here | Bitcoin Going To $10K December | Will It Go Lower First?
BTCUSD Early Bullish Chart Signals
Above-average volume coming in for the bulls (Needs daily closure for confirmation).
Hidden bullish divergence on the RSI.
Reversal candlestick being printed...
These signals still need more time for confirmation, but Bitcoin is looking like its ready to change course and start to climb up.
Conditions for change
Naturally, if the last low at $6515 is broken, the above signals become invalid.
Altcoins Market Update
The Altcoins market continues to grow. Today we are having some really, really massive bullish action for many altcoins pairs.
We saw this coming months ago and appreciate your continued support... Now we can enjoy the profits.
Much more will come, here are some charts with recent results:
PATIENCE IS KEY!
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DATABTC (+1387%)
KEYBTC (+360%)
SNMBTC (+205%)
NAVBTC (+156%)
WPRBTC (+12%)
You can expect the altcoins vs bitcoin pairs (ALTSBTC) to continue growing for a very long time...
This is Alan Masters...
Thanks a lot for your continued support.
Namaste.
Bitcoin Going To $10K December | Will It Go Lower First?Bitcoin is very likely to move to $10,000+ in December 2019, but before we go there, can it go lower now?
Bitcoin (BTCUSD) printed a full bearish candle to break below $8,000, reaching a low at $7394. Now, this candle is still active today so the next move really depends on the daily candle close since we are looking at this timeframe.
We are likely to see additional bearish action before Bitcoin bounces and starts to move up.
The low can be set late Nov. or early Dec. with the goal of reaching $10,000+ after Bitcoin bounces and starts to move back up.
This is just one scenario, my main view at the moment... Additional details can be found on the chart.
Thanks a lot for reading and for your continued support.
Namaste.
Bitcoin Sideways w/ Bullish Tendencies Continues | More AltcoinsBitcoin (BTCUSD) continues with its sideways consolidation as you can see on the chart above. The trading volume is really low so a strong move can happen anytime...
On top of the sideways action, Bitcoin is leaning more towards the bulls... Why?
Multiple of our signals remain bullish, for example, the RSI is above 50 and BTCUSD is trading above EMA10, but the trading volume is so low that a breakdown is as likely as a breakout. Anything can happen with this low volume.
We keep the same view as our chart for Bitcoin vs Tether (BTCUSDT), you can see it below:
As long as Bitcoin remains within the light blue zone, additional sideways action is expected.
The altcoins continue to grow, hitting higher highs and higher lows... Bitcoin is doing strong consolidation, we remain bullish until the signals turn.
Conditions for change
If Bitcoin moves lower and closes below EMA10 ($9213) or EMA50 ($9107), its bearish potential is activated and we look for the next support.
In the meantime, we are on the bull's side and continue to enjoy the altcoins growth.
What's your take on where Bitcoin is headed?
Share your thoughts with us in the comments section below.
Namaste.
