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...
In a bullish market/bull cycle, altcoins go down while Bitcoin goes up. Let me show you something that you are most likely very familiar with... The chorus goes like this: When Bitcoin moves up strong, the altcoins tends to crash. When Bitcoin moves down, the altcoins tends to crash. When Bitcoin goes sideways, the altcoins tends to crash. Lately,...
Will Bitcoin (BTCUSD) produce a higher high, higher low or lower low? The signals right now are pointing to a bounce (short-term) and straight to a higher high... These signals can change with time. Everything is mapped out on the chart above. Bitcoin can move higher but if support is broken (blue dashed line) the above signals are invalidated and can move...
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) on the monthly timeframe closed with a bullish candlestick. EMA10 held as support and now Bitcoin has the chance to move higher. I made this chart pretty simple... This is how I am looking at it right now. The light blue space is a tight range between our main resistance and support levels. If $9788 can be broken, Bitcoin can easily move...
Bitcoin's path to $33,333+. Let's keep it simple. We are going to look at just 6 different signals. We had all these same signals before the 2019 Bitcoin bull run, let's take at look at them now and see if it makes any sense... Hit LIKE and push me up... (1) Bullish flag. (2) EMA10/EMA50 Cross. (3) Bullish divergence with the MACD and RSI. (4)...
Patience is key we are used to saying... is it not? Will Bitcoin collapse? Is it collapsing already? Doomsday is here? Bitcoin (XBTUSD) broke below EMA10 switching its bullish potentially from bullish to bearish on this timeframe (4H)/short-term. Note: On the daily timeframe Bitcoin is still safely trading above EMA10 which is sitting at $8835. (Meaning that...
still riding my long from 100++ will close if 9977 and flip short otherwise hold it like a champ YOLO
Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been printing higher lows since... Looking at this setup, a new possibility emerges. After the strong drop around the 24-Sept., the bear volume has been low and Bitcoin recently managed to break above EMA10 on the daily timeframe. Above EMA10 gives us bullish potential... Now that EMA10 has been conquered,...
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...
#XBT/USD SHORT TERM VIEW
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 (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...
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...
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...
My Indicator just confirmed multiple Buy signals and thus I'm now going long for a handsome amount of time. There are lesser no. of short orders available in the market and thus it won't make any sense to keep a short entry here. LONG XBTUSD now!
Is 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. ______ On the chart above we have the 'UPPER TRENDLINE' and 'LOWER TRENDLINE'... This is the range in which Bitcoin is trading right now....