AlanSantana

AlanSantana

Bitcoin (BTCUSD) had a bullish close on the weekly timeframe. Last week's candles closed as a "Hammer", which is a bullish candlestick. "The Hammer candlestick formation is viewed as a bullish reversal candlestick pattern that mainly occurs at the bottom of downtrends. "The Hammer formation is created when the open, high, and close are roughly the same price....

AlanSantana Updated 

Here we are looking at Bitcoin (XBTUSD) on the 4H timeframe and we see the possibility of a continuation of the last bullish move. Right now XBTUSD is trading above EMA100, which is the purple line you see on the chart... Depending o how this level is handled, we will know Bitcoin's next move. Above this level, Bitcoin can easily move higher. If prices for...

AlanSantana

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...

AlanSantana

Wishing you a great weekend ahead... Bitcoin (BTCUSD) is looking ready to continue growing. Please allow me a minute to share this update with you... Thanks a lot for your continued support. Bitcoin (4H) Chart Analysis EMA10 was broken (blue circle), switching Bitcoin's potential from bearish to bullish. After this resistance was broken with good...

AlanSantana

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...

AlanSantana

Bitcoin trading volume has come to a halt basically after the low on the 25th of November was set. SUPPORT Now, BTCUSD is trading around support. If this support range holds, $6900 - $7100, then we are very likely to see the next move develop to the upside, but what happens if the support breaks? There is strong support around $6700 - $6850, so if the...

AlanSantana

I am of the belief that Bitcoin would start to grow when the altcoins start to retrace strong... The altcoins market is having massive bullish action and growth for the past few months and now we are seeing some altcoins correcting having a strong retrace... The majority continue to grow, the market remains bullish while Bitcoin is now ready to continue growing...

AlanSantana Updated 

Bitcoin (BTCUSD) is now challenging and breaking above another resistance level without much consolidation or effort... It is simply growing slowly and easily... I shared multiple charts for Bitcoin regarding this move, as well as a full active leveraged trade which will be shared below. The charts remain bullish. Bitcoin looks strong. We expect...

AlanSantana

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...

AlanSantana

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,...

AlanSantana

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...

AlanSantana Updated 

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...

AlanSantana

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,...

AlanSantana Updated 

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...

AlanSantana

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...

AlanSantana

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...

AlanSantana

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)...

AlanSantana

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...