BITCOIN Strong Consolidates | ALTCOINS Market Full UpdateBitcoin (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 Update
We enter mid-October 2019 and the altcoins market is now used to seeing green.
We are seeing so much bullish action going on with the altcoins, that even the smaller capped ones, those seen on exchanges such as Poloniex, HitBTC, and Bittrex, are starting to produce really massive gains.
I am looking daily at dozens and sometimes hundreds of charts... This is what I am seeing:
Growth that we haven't seen in years. Normally we would have a bullish wave every few months just as we have a bearish one. These bullish waves produced nice gains but nothing compared to what we are seeing now. We are seeing really strong bullish action for these altcoins with most of them bounce from new All-Time Low (ATL). This ATL is really important and a huge signal... Once the altcoins reached new All-Time Highs (ATH), they started to fall and went down for almost 2 years. So this is a bigger cycle... The bigger bullish cycle is already on its way, so we are very likely to see the altcoins grow for years (hitting higher highs and higher lows all of the time).
Indicators and charts giving out signals that are super bullish. Normally we look at EMA10, as a basic and simple indicator, to gauge the bullish potential of a chart. This indicator shows the average price in 10 periods... Now, we are seeing many of these altcoins pairs, some even bottomed out, above EMA50 and EMA100. When you see this... You know that the next move to the upside is going to be strong. Signals such as these are now common throughout most charts.
I've shared many of our altcoins results... I hope you saw them... Some are already at 500%+, 400%+, 300%+, etc. And these are the ones we caught, there are many more pairs printing such gains with the charts looking like they can continue doing more and more...
Overall, this is just the beginning of the BULL CRYPTOCURRENCY MARKET... So just as we saw and benefitted from all these opportunities, many more will come.
Remember to stay calm and take your time before you make any decision related to trades.
If you rush you can make mistakes. But if you have patience, stop, go out, come back and check again, your mind will be clear and it will be easier to achieve success.
For any questions feel free to use the comments section below.
This is Alan Masters.
Thanks a lot for your continued support.
Namaste.
XBTUSD
Bitcoin (XBTUSD) Moving Aries | $8.6 -$9k | Short-Term Full MoonBitcoin (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 signals that it wants to go up...
Here are the signals coming from this chart
The MACD is showing a bullish crossover as well as moving on the bullish side.
The RSI is really strong at 60+.
Trading above EMA10/50/100/200 is really bullish.
Bull/Green volume growing on a Sunday/Weekend/Full Moon (people are out in the streets on Full Moon).
This is a bullish setup right here... But protection is needed.
The charts are always changing and this is a 1H chart. So in just a few hours, this whole setup can change drastically, for this reason, we prepare for any and all outcomes.
A break below support in the form of EMAs (EMA10 to 200), would increase the bearish potential and invalidate this setup.
A full candle closes below $8150 can be used as a stop-loss... Remember, this is not financial advice.
Thanks a lot for reading.
Thanks a lot for your continued support.
This is Alan Masters.
I am always sharing with love in my heart.
I hope you enjoyed this content.
Namaste.
Will Bitcoin Bounce And Move Higher Right Now? | Here Is Why!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 still no volume, then the bounce is guaranteed.
The RSI is still doing good above 40. Not strong but still good if above 44, right now it is 47.97.
Note: The blue rectangle is the potential sideways path for Bitcoin if it decides to do some sideways consolidation.
Multiple scenarios are drawn on the chart...
Where do you think Bitcoin is headed next?
Share your thoughts and charts in the comments section below.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Bitcoin | The Bullish Scenario | Path To $28,888+ 2020 & Beyond!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 and bullish.
The long-term view we saw was mostly bearish...
Here we are looking at the bullish scenario long-term...
Where do you think Bitcoin is headed?
Share your thoughts below...
Namaste.
Bitcoin Changes Sentiment | Bullish Or Bearish Now? | AltcoinsIs the Bitcoin (BTCUSD) chart changing?
Have we gone from bullish to bearish short-term after we hit 3 targets for our last BTCUSD trade?
Let's take a look...
Feel free to hit like if you want to now show your support.
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On the chart above we have the 'UPPER TRENDLINE' and 'LOWER TRENDLINE'... This is the range in which Bitcoin is trading right now.
First, keeping it simple:
1) If prices move above the 'UPPER TRENDLINE', Bitcoin can move higher and reach our next target at $8550 and beyond.
2) If prices move below the 'LOWER TRENDLINE', Bitcoin can move lower and test the last low at $7720.
3) If Bitcoin can't break either trendline, we are likely to see its price moving within the range mentioned above... This is likely to happen since the altcoins are growing and Bitcoin sideways is good for Altcoins growth.
Bitcoin continues looking good, solid and strong.
This short-term analysis has a few mixed signals, so we have to wait to see what the next move does...
In the meantime, many altcoins are having a very strong wake-up call...
Altcoins Market Update
I mentioned several months back about the altcoins hitting a low and starting to grow for months to come...
All those altcoins that hit a low back in August 2019, have been either consolidating or growing since their new ATL hit.
Now, there are some altcoins that are still going down and recently hit new lows (late September), but these pairs as well are now consolidating and many are having strong moves up.
The altcoins market continues to heat up...
If you missed one opportunity, do not worry, many more will come.
Even if you see huge growth, remember that this is only the beginning... And if you are reading this now, buying/trading, then you are already a winner, since you managed to catch the bottom of the altcoins market before the next run.
Thanks a lot for your continued support.
Namaste.
Bitcoin Bullish Signals On The Daily TimeFrame | $11,111 Next?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 histogram going in favor of the bulls.
RSI Hit oversold.
Higher low was yet yesterday compared to the 30-Sept.
We are not there yet... These are early bullish signals as they are still developing and the charts are always changing.
BTCUSD is still trading below EMA10 (green line on the chart), which gives it bearish potential.
Before we can confirm a move much higher, this barrier needs to break.
BTCUSD needs to close daily above $8260 to confirm its bullish potential.
$7700 is our main support and last low. Above this level, we keep the bullish potential scenario.
Below $7700, Bitcoin can easily move lower.
You can leave a comment if you have any questions.
Make sure to share your charts in the comments section below with your opinion and ideas...
Thanks a lot for reading.
Namaste.
Bitcoin Bounce Taking Form | Moving To $8,500 Next?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 change. Bitcoin is now trading above EMA10 on this timeframe (4h), but moving and closing below this level can invalidate the above analysis.
If the last low at $7700 is taken out, Bitcoin is likely to move lower rather than higher. But if the bulls continue to come in/follow up, BTCUSD is likely to bounce as it is happening right now.
If $8,500 is broken, BTCUSD can easily go higher... $9,000+.
Where do you think Bitcoin is headed?
Share your thoughts and charts in the comments section below...
Namaste.
Bitcoin Still Aiming At $7,700 | Hit Or Bounce To $9.2K?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 financial advice .
Leveraged trades are intended for advanced/experienced traders only. If you are a beginner, stick to the altcoins on Binance, Bittrex, Huobi, Poloniex, HitBTC, etc.
Thanks a lot for your support.
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Trade: SHORT XBTUSD (Bitcoin)
Leverage: 6X
Buy-in: $8,050 - $8,150
Targets:
(1) $7,900 |Hit (+14.58%)
(2) $7,800
(3) $7,700
Stop-loss: Close 4h candle above $8,195.
Liq. price: $9,652
(Buy-in calculated at $8,092)
Potential profits: 30.5%
Capital allocation: 6%.
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Make sure to hit like for more and to show your support.
Use the comments section below for questions and to share your charts.
Namaste.
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Previous analysis | Bitcoin's Next Move Short-Term ($7,700 or $9,200?)
Bitcoin Bullish vs Bearish Long-Term | $5,065 - $5,400 BottomBitcoin (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 produced over 340% in growth.
Right now we see Bitcoin consolidating. 3 Bearish/red consecutive monthly candlestick closed, yet Bitcoin remains trading above EMA10.
Above EMA10 = Bullish
Below EMA10 = Bearish
So Bitcoin can easily move higher long-term if it can remain above this level.
If EMA10 breaks with good strength and volume, now sitting at $7843. We can expect Bitcoin to test the $5065 level or EMA50.
I am looking at two scenarios mainly and they go as follow:
1) Bitcoin remains above EMA10. Here we follow the green arrow. In this scenario, EMA10 holds as support and Bitcoin does a slow and steady long-term climb towards new All-Time High.
2) Bitcoin breaks below EMA10. Here we follow the red arrow if support is broken. If Bitcoin (BTCUSD) breaks and closes below EMA10, it is very likely to test EMA50 at $5065-$5400. If this scenario becomes true this is the lowest we believe Bitcoin can go. In this case, we follow the red+purple arrows.
FEELING THE MARKET
We believe that EMA50 ($5000 - $5400) will be tested before a new all-time high is produced.
Share your thoughts in the comments section below.
Thanks a lot for reading.
Namaste.
Bitcoin 9K Not Yet Confirmed? From Bullish To NeutralBitcoin (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 potential to continue dropping or consolidate some more before its next move.
$7,700 Is now the main support that needs to hold short-term for Bitcoin to bounce on a drop.
If Bitcoin starts to move down, this is the level to watch...
If this level holds on a drop, you can expect a quick bounce and move up.
If Bitcoin drops and $7,700 breaks, we can expect it to move lower.
The RSI hit its lowest since November 2018 and is hovering near the weak/oversold range.
Volume is weak and favoring the bears.
Bitcoin is now consolidating its last drop... And what happens while Bitcoin consolidates?
...The altcoins continue to grow...
Conclusion
We are now neutral on Bitcoin short-term with sideways-bearish tendencies. After EMA10 has been conquered, we look at Bitcoin from a bullish perspective on this timeframe.
Where do you think Bitcoin will go?
Visit my profile for many, many, many more trade ideas for you to enjoy...
Thanks a lot for reading.
Namaste.
Bitcoin Weekly Important Support Levels | Fib. 0.786 ($5,441)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. Here we saw a bounce and consolidation that lasted for almost three months. With this level (~$9700 on average) holding the price.
This level has been broken and Bitcoin is now moving lower. First stop was 0.5 Fib (~$8,500).
Next is EMA50 or ~$7,900 as mentioned in my previous updated. If this level fails, then the next Fib. support that follows is $7,242, which is the 0.618 Fib. from the last bullish wave.
This move is still developing, but the momentum has now shifted completely towards the bears... We have been warning for weeks...
Feel free to leave a comment if you have anything to share...
Thanks a lot for reading.
Namaste.
Bitcoin Weekly Closes Below EMA10 | Bear Mode Is IN! | $7,929?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 sitting at $7929.
There is strong support at around ~$9,000 which needs to break first before EMA50 can be tested as the next support.
For Bitcoin to reverse, the first barrier to break is a close above EMA10 ($10,070). After this level is broken, we can consider higher targets on a bullish perspective.
Right now we are looking bearish.
Thanks a lot for your time.
Namaste.
Bitcoin In Bearish Mode | Chart Signals | Can Go Lower!In my last update for Bitcoin ( BTCUSD ) I mentioned "bearish tendency", because Bitcoin has been moving lower since it hit a peak on the 26-June, we can easily see lower highs being printed...
But since the 28-July, we are also seeing higher lows. This is all a period of consolidation but Bitcoin can still move lower before moving back up.
Now, the signals...
Bitcoin Bearish Signals
The RSI is clearly trending down.
The MACD had a bearish crossover.
BTCUSD price is trading below EMA10 and EMA50.
Bearish TD Sequential.
This is all pointing to another drop.
The drop can be quick big and recover fast just as it can be short-lived and small...
Whatever happens, we believe that Bitcoin will bounce regardless of how low it goes.
Move your focus to the altcoins and comeback when the Bitcoin consolidation period is done.
Thanks a lot for reading.
Thanks a lot for your continued support.
SUCCESS IS AVAILABLE FOR ALL
Success has nothing to do with luck, with your age, with your finances nor where you are from.
Success is not something that is saved for the few...
Or something that cannot be achieved by most...
Success is available for all of us.
You just need to figure out your true wishes, your true heart desires, your real-life goals...
Just this one simple thing makes success achievable by all.
Enjoy life...
Be smart...
Be happy working as you want...
Because success is already yours!
Namaste.
Bitcoin Moving Lower | 70% ROE on 8X Lev. Full Trade | INIf you followed my recent trade ideas for Bitcoin (BTCUSD), you are aware that we were expecting this drop and went SHORT short-term. Multiple signals were pointing to a drop, namely:
BTC moving below EMA10.
Peak hit on the 6-Sept.
Bearish indicators.
Altcoins market time to move up.
You can see all the details by clicking on the image below:
Now, we are active with a high-leverage trade at 8X that can reach up to 70%+ ROE easily...
Feel free to hit like if you would like to see the full trade details. Will share at 111 likes.
This is for experienced/advanced traders only... This is not financial advice.
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Here you can see our recent leveraged trades
Ripple (XRPU19) Can Do 300% ROE on 7X (Bullish Chart Setup)
EOSU19]8X]LONG]314.% ROE] High Risk, High Profits Lev. Trade
Additional charts
Litecoin (BTCUSD)
TOTAL Cryptocurrency Market Capitalization | Keeping It Simple!
Market Cap BTC Dominance Breaks Support (Where To Next?)
Thanks a lot for reading and your continued support.
Namaste.
Crypto Total Market Cap Exclude BTC (TOTAL2) | Bulls IN BearsI 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 trendline is broken we can expect TOTAL2 to move lower and test the 0.786 Fib. retracement support level from the last bullish wave. Staying above this trendline can lead to a bounce up and test of EMA10 (79) followed by EMA50 (88).
We also have a falling wedge pattern and a neutral RSI.
Our main scenarios are drawn on the chart.
We believe TOTAL2 will grow in the coming months with potentially only one last strong drop left.
What's your take on where this index is headed?
Share with us in the comments section below.
Namaste.
Bitcoin Strong Bounce, Going Higher? | $11,300INOur 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 - $10,200 as main support.
Feeling the market: Bitcoin can easily move higher.
Namaste.
Bitcoin Bounce INPlay | Can Hit $10,900 But Not There Yet!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) followed by $10800-$10900.
Bitcoin's price is already moving above EMA10. (Bullish)
Moved below EMA100 (light blue rectangle) only to bounce back up. If Bitcoin can remain above EMA10, it becomes very likely that it moves higher...
Hidden bullish divergence can be spotted on the RSI. (Bullish)
Low volume. (Bearish)
The set up is already in play, the only thing needed now is for the bulls to follow up and we can see Bitcoin grow to $10,250 or higher all the way to $10,900... It all depends on the daily candle close.
Where do you think Bitcoin is headed?
Share with us in the comments section below!
Namaste.
Bitcoin XBTUSD Gann Box analysisBrothers, Om Namah Shivay
Can God be in everything (Omnipresence) ? Is it valid ? God Has a form and is also having individuality just like us. One soul can not be present in everything. He is not Omnipresent. That is why people pray him to come, Otherwise he was already present then why to call by prayer ?
Brothers, Today analysing Bitcoin Gann box analysis.
Understanding from the analysis : The analysis of Bitcoin looks easier in compared to the index. Previously analysed Nifty with Gann box, in comparision to that, Bitcoin is more better predictable from Gann box analysis. Possibly because all indexes are supposed to be complex ? ( bcoz of their way of creation. )
Check below image as the drawings are changed based on viewing resolutions.
Om Namah Shivay
Previous analysis
1. Bitcoin XBTUSD 57 day cycle
Bitcoin (XBTUSD) Continues Aiming at $11.3k (100%+ ROE |8X | IN)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 believe it can go higher.
All the details are shared on the chart.
If you would like to see the full trade details for our BitMEX trade, make sure to hit like. If we get 222 likes, we will share our buy-in, targets, stop-loss, profits potential, leverage, and capital allocation.
This is not financial advice.
Thanks a lot for reading.
Namaste.
Previous analysis:
Bitcoin Bearish IN ShortTerm (Aims at $11000 or Lower) +AltcoinsBitcoin (BTCUSD) is showing multiple bearish signals on the 4H time frame.
We are looking at a bearish MACD, line, and signal.
The RSI is also on the bearish side but moving around support.
Before Bitcoin can move any lower, it first needs to break EMA100 ($11077), only if this level can be broken, BTCUSD is to move lower and test the $10,600 - $10,400 range.
We mention this support level in our previous long-term update:
Conditions for change: If Bitcoin (BTCUSD) moves up and closes above EMA10 ($11,405), it increases its bullish potential and chances to move higher, the above bearish signals would become invalid.
Feeling the market: The feeling I am getting from the market and Bitcoin is that it can take a few days before it makes its next move... Some sideways action is possible leaning more towards the bears. We easily see Bitcoin's price moving in the $11,100 to $11,600 range, before breaking any resistance or support level.
We can see it moving up but more consolidation before anything big comes... That's the market feeling at this point.
What about the Altcoins: After all the bleeding for the ALTSBTC pairs, they will start to move again but it will take a few weeks to see them move in full force. The summer, the big hit... it will take people sometime before confidence returns... But at this point, if you are smart, all you are doing is BUYING, REBUYING, MORE BUYING AND RELOAD.
Namaste.