AlanSantana

AlanSantana

Hello my fellow trader, how are you feeling today? The Bitcoin correction we looked at recently is still on, we are aiming for lower prices. The black line stands for MA200 ($46,910). Below this level the next bearish impulse can happen. Above MA200 we are on support. Current critical support range $44,700 - $47,000. For additional details read the previous...

AlanSantana

Let me start by saying that we've never had this type of monthly chart on the Bitcoin (BTCUSD) trading pair. In the past, each time an All-Time High was hit it would always, without exception, be followed by a long-term correction before prices continue to grow. This time around, we hit a new All-Time High in April 2021 and after only a few months a new All-Time...

AlanSantana

Bitcoin is moving below EMA100 on bearish momentum for the first time since May. Hit LIKE to start reading now and let's get started! When Bitcoin moved and closed below EMA100 in May, we had the strongest correction of the year. Now, Bitcoin going below EMA100 can signal that something similar can show up. We have bearish indicators. The MACD is below zero...

AlanSantana

YOYOBTC closed above MA200 yesterday and today has gone green. We have a long upper wick 28-Nov. which we take as a removal of resistance. This means that prices can easily grow now after this long wick candle showed up. Bullish indicators, above EMAs/MA and all the rest. Patience is key. Be grateful for the profits when they come. Accept any mistakes and...

AlanSantana

We are now seeing an inverse correlation between Bitcoin on our Altcoins vs Bitcoin trades/pairs. We had just a few short days of the Altcoins calming down but they are starting to heat up. As the next Bitcoin drop approaches, the Altcoins are getting ready to grow. We will see many, many pairs jumping really strong as this week develops. We will see...

AlanSantana

We are technical analysts and we love the charts. We love the candles and the amazing tool that this is. Since you can get everything from the charts, hardly ever we take the fundamentals into account. Here is one exception though, we love Stacks as a project and we have been trading this pair for long. STXBTC (Stacks) hits a new high today compared to April...

AlanSantana

On 17-November, we predicted that Bitcoin and all the major Altcoins would crash while the smaller Altcoins would grow, specially the Altcoins vs Bitcoin pairs. Hit LIKE to see below the previous charts: I Think We Go Up But Before Up We Go Down! Bitcoin $100,000 Soon! Ethereum Prepares For Correction (30% Drop Possible) Solana Prepares For Correction...

AlanSantana

Today we see a strong rebound for Bitcoin right after the weekly candle close. A few simple questions come to mind right away, let's have a look at those. 1) Is the correction over? 2) How to know if this rebound is real or false? Technical analysis can answer those. Bitcoin had a bearish close on the daily and weekly timeframes, in 2 days we will have the...

AlanSantana

I've been receiving some lack of love lately due to the fact that Bitcoin is in correction mode and I am pointing this out... I understand, I AM A Bitcoin Bull! None of us want to see Bitcoin going down, it is very annoying and our capital definitely drops, doesn't feel nice but I am here reading the charts, for you. When the charts are bullish I share...

AlanSantana

The Bitcoin discount is now fully live but we are likely to continue lower, based on the chart technicals. We are having Black Friday and then Cyber Monday Bitcoin Discounts on BTC. Here let me share with you multiple analysis from earlier this month (the are all bearish): I Think We Go Up But Before Up We Go Down! Bitcoin $100,000 Soon Do You Think...

AlanSantana

Bitcoin Bounce? Caution, $3B Options Expire! We are having a bounce short-term on the BTCUSD trading pair. This is good news but I am warning caution. Tomorrow is Friday and $3 Billion worth of options are expiring. The options expiry date is normally a bearish event for Bitcoin. You can have a bounce such as is happening now followed by a bigger drop (red...

AlanSantana

Bitcoin Aims At $50,814 Short-Term + Altcoins Update Not much has changed since the last analysis and the bears remain in full control of the BTCUSD 4H timeframe chart. We are very likely to get a continuation of the short-term downtrend and see Bitcoin aiming at ~$50,000 soon. We can say it is likely to get there within 48 hours. Altcoins Update The...

AlanSantana Updated 

As we predicted the smaller altcoins (small by market capitalization) are now starting to move strong. The bigger Altcoins and Bitcoin remain in correction mode. What Happens Next? This is our time and that is when the Altcoins (all altcoins minus the TOP15/20) start to move strong. But what is going to happen next? How long will this go for? Bitcoin can...

AlanSantana

This chart is very telling. Bitcoin weekly has been trading above EMA10 since July. Only one week it closed below EMA10 in September and then quickly moved back up. Right now, we have a very bad/strong bearish candle and prices are moving below this level, as I just mentioned, for the first time in many months. Don't you see that all hell is breaking loose? As...

AlanSantana

Here is an updated version to my latest Bitcoin chart. We are bullish and we are going up! But before we go up we are going down! We were expecting a correction for the doors to open for $100,000+. The correction is finally here, it is gaining momentum... This is positive, after we go down we move back up; STRONGER! Plan now what you will do for the next...

AlanSantana

Bitcoin is preparing for a major move ahead. Today we have a break below support in the form of EMA10 with bearish momentum building up. You know how it goes, we have waves going down and waves going up. We are in a bullish trend, a strong shakeout is needed before maximum growth. What will you do? Will you sell your Bitcoin's or will you wait for...

AlanSantana

No correction has taken place as prices remain trading above EMA10 and EMA21. The little correction we've seen so far is not relevant (minor retraces/price swings) compared to the bigger picture/trend. We will continue with a mid-term target of $100,000 ($100k) or $85,000 or more. We have bearish divergence on both the MACD and RSI but the bears have been...

AlanSantana

After the new All-Time High 20-Oct. Bitcoin continues trading within lower highs. Lower highs can lead to lower lows just like higher lows can lead to higher highs. We've been expecting a correction now for a while. We were bullish when everyone was bearish and shared many articles pointing to Bitcoins growth. Once Bitcoin peaked, we went bearish as everybody...