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...
Bitcoin (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. ...
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...
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...
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...
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...
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...
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,...
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...