Bitcoin (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...
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...
Bitcoin (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...
Bitcoin (BTCUSD) reached a peak price in late June... Old news, and moved down to test EMA10... After some consolidation, EMA10 was broken and now Bitcoin's price is trading just above EMA50. Looking at the bearishness of this chart, EMA50 can breakdown next just as EMA10 broke. If this level breaks, the next support is sitting at around $6,350 or EMA100. From...
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 (BTCUSD) took a two days break and is starting to bounce. It is challenging EMA10 right now after a false breakdown below the 0.786 Fib. retracement level from the last bullish wave. If BTCUSD can remain above EMA10 ($8057), this is a good signal telling us that it is likely to go higher. But if BTCUSD moves below $7993 (0.786 Fib. retracement support),...
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...
Bitcoin has opened the new trading week with a more positive tone, as the number one cryptocurrency stabilizes above the $8,100 level. A break above the $8,600 resistance level should support an important technical test of the $9,100 level this week. A bearish break under the $8,100 support level could see the BTCUSD pair falling quickly towards the $7,500 level...
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...
Bitcoin (BTCUSD) is still aiming lower. We have a short since $8200 and we think our remaining two targets will hit... Bitcoin is trading below EMA300 on the daily time frame, so another leg down might happen before testing resistance back up... Here is the chart: Below you can find the full details of our trade, remember that this is HIGH-RISK and not...
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 (BTCUSD) isn't out of the bear hands yet short-term, the move to $9000-$9200 isn't confirmed, but why? As you can see in the chart above, Bitcoin is still trading below EMA10, which is now sitting at $8547. For Bitcoin (BTCUSD) to signal bullish potential short-term, we need a close above this level. Since Bitcoin is trading below it, it has the...
Bitcoin is trading within a parallel channel and currently below 200 day SMA after staying above it for about 6 months.
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's rise to the top has been stopped by heavy resistance... Let's take a look at the chart together and see what will happen next and the different potential scenarios... Feel free to hit like to show some support. Bitcoin Daily (1D) Chart Analysis by Alan Masters Good Saturday, let's start by calling our attention to the "Purple trendline", notice...
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)...
Bitcoin did the top now we are headed down to all virgin zones dont miss to ride the drop..