Finally we get to look at some bullish signals for Bitcoin... Hit LIKE and start reading...
We will first look at the daily and then short-term on the 4H and 1H timeframes... Let's get started.
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Bitcoin (BTCUSD) recently moved above EMA10 and EMA50, which lead me to quickly adapt and share an article mentioning this as a bullish signal and new potential for...
Looking at Bitcoin (BTCUSD), prices are moving NOW above EMA10 and EMA50... Changing our bias from bearish to BULLISH!
THIS IS GREAT NEWS!
Breaking above EMA10/50 is a really good bullish signal and only confirms after the daily candle closes... So this is an "early signal".
The RSI supports this move since it is above 50 which we consider bullish/strong.
The...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support lines. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance. ...
Hello my fellow cryptocurrency trader, wishing you a great Sunday today and also a wonderful upcoming New Moon.
We've been looking at Bitcoin (BTCUSD) over and over short-term... Which can blur the long-term picture as to what is coming for this cryptocurrency, the King... next.
Hit LIKE now and let's get straight to the conclusion...
Bitcoin (BTCUSD) is very...
This is non-repainting indicator which can be used for Index, Stocks, Commodities and Bitcoin or any other securities depending upon the various parameter setting of the indicator. This particular strategy is for BITCOIN.
The detailed description about the indicator is as follows:
Long Period: Period for calculating Primary Signal Line (Yellow).
Long Period...
Bitcoin (BTCUSD) is bouncing after hitting a new low on the 2h timeframe... Can it go higher?
Prices for Bitcoin are now challenging EMA50, as well as the descending trendlines marked on the chart... This is the immediate resistance.
If BTCUSD fails to close above this level, we will see prices move lower following the red arrow.
We will only consider...
I am looking now at the daily timeframe for BTCUSD.
We looked multiple times at the 1H timeframe, then 4H and now we are going to have another look at the daily (D).
Here we have prices dropping below EMA10 and EMA50.
Yesterday's candles closed below these levels and now we have a drop starting to shape.
We can see a bearish cross of EMA10 and EMA50 taking...
Thanks a lot for the overwhelming support on these short-term analyses...
Let's now look at the potential targets/support levels for Bitcoin if prices continue to drop.
We've already established and the market confirmed a bearish bias below MA200 and our classic EMAs; EMA10/50/100/200.
We remain bearish below these levels.
We also have a descending trendline...
