AlanSantana

AlanSantana

Bitcoin just hit a new All-Time High recently and after a new high corrections and retraces can show up but there is a caveat to this observation, this tends to happen suddenly and fast... The longer it takes for a correction to happen the less likely that it becomes. So far the Bitcoin volatility has been low and together with the Altcoins market, Bitcoin...

AlanSantana

It is no joke when I say that "Patience is the key". Here we have DigiByte (DGBBTC) consolidating at a low and getting ready to boom at any given time. It can take a few days, weeks, and sometimes even months in a consolidation phase. But not this time around though, it is likely to move up right away. We are patient of course, that's how we trade. We buy,...

AlanSantana

Today we see clear bear action developing after a low retrace and some higher lows. We can see prices moving below EMA10 on low volume... This volume will soon grow and the correction can speed up. At this point, the only way to change is to move back up and hit new highs consistently... After a new high, retraces/corrections due take place. The Altcoins...

AlanSantana

What to say? The last candle has a very long lower wick, which can be read as a signal favoring the bulls, that's for sure. This long wick is likely due to El Salvador buying 420 Bitcoins in one scoop. But, is this enough to change the newly developed short-term trend? We have a descending channel marked orange (please keep in mind that this is SHORT-TERM,...

AlanSantana

Just 5 days ago we looked at the bearish potential for Bitcoin, " Bitcoin Entering ABC Correction | Altcoins About To BOOM! " This potential remains intact. We are likely to see lower prices in the days to come. Just a correction before we resume massive strength and bullish growth. We believe the Altcoins will do great while this correction is done. This...

AlanSantana

Let's be honest... This looks or not bearish to you? We have a horrible weekly candle. The weekly candle still has 24 more hours before it closes but as it is now it doesn't look good. Above $63,000 on a weekly close would look way, way better and we wouldn't have a strong bearish signal in place. As it looks now, it is not good. If Bitcoin closes bearish...

AlanSantana

Bitcoin closed a full bearish/red candle yesterday and today its price is moving below EMA10. After a new peak/high, All-Time High, it is normal for a correction to take place... So, where are prices ahead? You can see additional details on the chart. As Bitcoin corrects, the Altcoins grow I am looking at mainly ALTSBTC but the altcoins market, in general,...

AlanSantana

Bitcoin hits a new All-Time High right on Full Moon day. What does it mean? Are these related? Let's have a look at Bitcoin related to some astrological events. Bitcoin Astrology with Alan Santana First, we have a Full Moon in Aries today and it is widely known that the moon is closely related to human behaviour and emotions. When the moon is full, people...

AlanSantana

I will keep it short and sweet. ---------- In April 2013 Bitcoin hit a new All-Time High and quickly went into correction for the next two months. May and June 2013 printing two red candles. In July, August, and September 2013 Bitcoin consolidated. (July/August Green, September Red) In October 2013 Bitcoin broke bullish. In November 2013 Bitcoin grew to new...

AlanSantana

Here is the same chart I shared back on Oct.6 for Bitcoin ... What do you see? The resistance level I mapped back then has been fully conquered and Bitcoin continues higher and now trading above the 0.618 Fib. extension level. We have very strong indicators and no signs of this bullish action wanting to stop. All we can see is sit back, watch and enjoy the...

AlanSantana

The short-term bears are now moving to the higher timeframes. Earlier we looked at Bitcoin (BTCUSD) 1H (1 hour per candle) and we saw the early bearish signals showing up. This chart here is 4H, we have a few more signals telling us that prices are likely to drop... Give me a minute of your time and let's have a look at this chart. Feel free to hit LIKE now to...

AlanSantana

I am still not convinced... Let me start by saying that I am the biggest bull, perma-bull, moonboy, lambo whatever or whatnot. I am a strong Bitcoin supporter, fan, holder, promoter and everything 'YES Bitcoin!' This last jump looks like a bear trap and Bitcoin might be ready to drop... Let's have a look at the signals: 1) Ethereum has been leading Bitcoin for...

AlanSantana

A strong bearish signal just came in for Bitcoin... Get ready, it looks like it will be moving lower now. In this chart I have the support levels marked based on the Fib. retracement tool. For support, we are looking at: 1) $52,300
2) $50,500 3) $48,750 4) $44,000 The daily and weekly candles are yet to close. This move is just getting started. How far down...

AlanSantana

I mentioned this one briefly in a previous article, this pattern isn't new but has been pretty relevant in this bullish cycle. The first half of the week we go slow and/or red. The second half of the week things speed up and/or green. I made a mistake recently which costed me a lot of money. All my mistakes are really expensive because I put tons of money on...

AlanSantana

Greetings my fellow cryptocurrency traders, how are you feeling this Friday? We have a very strong volume bar 6-Oct. and also an ascending channel for BTCUSD. After the peak on the six, we have some retrace but the price remains above EMA10. This can lead to straight up right away. What do you say? If EMA10 ($53790) fails to hold as support, we are likely to...

AlanSantana

Now, let's look at the charts and what it has to say. First, we came back 1st October with a prediction that Bitcoin will become bullish and strong. We later wondered about the future, where will Bitcoin be in 10 years? Will it be $1,000,000, $2,500,000, $50,000 or more? I believe that we will see a 100T (Trillion) market capitalization for Bitcoin soon...

AlanSantana

October started with a bang for Bitcoin and a new high was hit on the 1st after weeks of bearish action; Today, Bitcoin goes higher... Straight up ahead! Where is the next target? We are certain now that the bulls are back in full-control. The correction is over and prices are moving straight up. We will keep it simple in this post; Where to next? First, we...

AlanSantana

I decided to buy a lot of Bitcoin near the 7-September (6th/7th), in support of El Salvador... Was it the right choice? We are aiming for $80,000+ or even above $100,000+ for Bitcoin soon, we are bullish long-term. We keep remembering the TapRoot Network upgrade in November and believe that Bitcoin will do great. We buy, hold/trade LONG-TERM. Are you buying...