Bitcoin managed to break the $10,400/$10,500 barrier easy... Where are prices headed next? Ok. As soon as Bitcoin (BTCUSD) moved above EMA10/50, we quickly adapted to the market and saw $10,400 as the final target... This level rejected Bitcoin's growth in the past... See it below: July 21 | Bitcoin Goes Bullish... Where To Next? $9800 or $10,400? Now that...
Last week Bitcoin (BTCUSD) went bullish, which is great news as new money enters the crypto markets. Even while seeing altcoins retracing, which all were having a great/amazing (and continue to have) run, it is still all good as this new money supports long-term growth. So, once Bitcoin and the big Altcoins have their fun, the money will flow back to the smaller...
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. ---- 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...
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...
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...
Start by hitting LIKE now and let's do an analysis of the EMA50 indicator on the daily timeframe for Bitcoin (BTCUSD). Back in April 2020, we predicted a "price jump" for Bitcoin based on the fact that EMA50, which was working as resistance at the time, continued to be challenged over and over. When a resistance level is constantly challenged, it makes it...
Since the 7-July peak, ADABTC printed a lower high and prices are now moving below EMA10. If you read me... You know that closing below EMA10 switches the potential to bearish. We also have a bearish cross starting to take place on the MACD and a retrace now is something we would expect. On the chart above I marked the most important support levels based on...
Looking at Bitcoin (BTCUSD) Short-Term, 4H timeframe, a bullish jump is possible. We have a higher low after the MA200 rejection and prices are now trading above EMA10/50/100. The RSI remains above 50 and the MACD allows for this move even though it is mixed. NOTE Even though this short-term bullish move is possible, there are many mixed signals here and...
What we saw recently for Bitcoin (XBTUSD) was a fake breakout. Prices moved above support just to quickly fall back down. Our previous view/analysis remains valid. Prices are now trading below MA200 and also below the purple trendline. Additional information: Thanks a lot for your continued support. Namaste.
Ethereum (ETHUSD) goes together with Bitcoin (BTCUSD) and Bitcoin is starting to drop... Here we have the next target for ETHUSD. We will hit ~$226 with a high probability on this drop. The red volume is high and the indicators curving strong. But first, ETHUSD will hit MA200 at $234.10, depending on how this level is handled, we will visit $226.46...
Ripple (XRPBTC) kept on dropping and dropping but once it starts to go, there are basically no retraces and it goes for long. Here we have the 4H chart with the next target mapped. Be patient, hold long... It might not be a real altcoin but still, profits can be earned by trading this coin. Namaste.
Here we have another view at Bitcoin (XBTUSD) but this time on the 4h timeframe... We have multiple lower highs... We also have some higher lows but the EMAs and MA200 give away the tendency... If prices were trading above MA200, we would be strongly bullish but in this case, we see prices trading below MA200 (black line) on top of other bearish signals. The...
Hello my fellow Cryptocurrency trader, how are you feeling today? Just like you, I am a cryptocurrency lover and always bullish on Bitcoin and Cryptocurrency... But this doesn't change TA. Here we have a bearish Bitcoin, regardless of what others say... Recently we saw a bearish cross and mentioned that it would lead to a bounce followed by a drop... The...
We looked at all the reasons why Bitcoin (BTCUSD) can go bearish, over and over but technically we are strongly bullish with prices still trading above EMA10. Our basic TA tells us that we remain bullish above EMA10 and bearish below. EMA10 is the green line on the chart now sitting at $8971.4. If Bitcoin remains above this level, we can easily see a jump...
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