MasterAnanda

MasterAnanda

BTCUSD 4H is now showing strong bearish divergence with the MACD, RSI, and STOCH. A drop can potentially take place here. Watch out for a close below $15400-$1550 on this timeframe as well as EMA50 as support. Additional info on the chart. Namaste.

MasterAnanda

Bitcoin continues aiming higher on the weekly timeframe... Let's start by looking at the trading volume today. We always look for volume as a confirmation signal for any bullish/bearish move that is taking place. We've been seeing low volume for Bitcoin yet we didn't take it as a bearish signal. I mentioned that low volume when we have such strong bullish action...

MasterAnanda

When we look at the monthly Bitcoin (BTCUSD) chart, it is now clear that all the local resistance levels have been taken out... The next barrier is now found at $19666+ or Bitcoin's All-Time High (ATH). Bitcoin Aims At A New All-Time High Bitcoin continues hitting its highest level since January 2018, with prices literally aiming higher. This chart is very...

MasterAnanda

Here we are looking at the 4H timeframe as promised, this chart moves faster than the daily and we can have a closer look as to what is really happening right now. We have a move and close below EMA10 and EMA21 on this timeframe. The RSI hit below 50, which is the bearish zone just to move back up... Prices remain trading above EMA50 which is a bullish...

MasterAnanda

Bitcoin (BTCUSD) has been facing resistance around the $14,000 price level... If this level isn't conquered fast Bitcoin's prices can drop. Here we have a higher high on BTCUSD, yet we have a lower high on the RSI, marking bearish divergence. The MACD looks like it peaked and it is starting to trend lower: NOTE: The technicals are still bullish, prices trading...

MasterAnanda

Good Sunday my fellow profitable cryptocurrency trader, supporter, reader, and to all those living and looking into Bitcoin right now... I am wishing you the best. Let's have a look at the weekly chart, we have something really good going on right now. The last time we looked at this chart we had the late June 2019 price peak, for BTCUSD, as the next...

MasterAnanda

Bitcoin (BTCUSD) fully detached from the S&P 500 Index (SPX) and now continues bullish towards $20,000+. Here is the weekly chart: Looking at the daily timeframe, which is the main chart above, we can clearly see Bitcoin trading above all major EMAs. EMA50 was conquered 8-Oct. and now prices are safely trading above the EMA10 green line. This is a very...

MasterAnanda

Bitcoin (BTCUSD) just printed the first bearish signal/pattern since breaking above $11500, once our strongest barrier. With this bearish signal now in, marked on the chart, additional bearish action can follow. This is just a friendly reminder. BTCUSD Chart Analysis/Signals After a strong bearish candle, BTCUSD closed below EMA10 and the indicators are...

MasterAnanda

Bitcoin (BTCUSD) is now entering strongly bullish territory with prices trading back above EMA10. In this chart, we are going to be looking at mainly the Fib. levels. Based on fib. proportions, our next immediate resistance is sitting at $13520. This level coincides with the June 2019 peak at $13764. This price range of $13520 and $13764 becomes the 'LAST...

MasterAnanda

Today we are officially looking at a higher high for Bitcoin (BTCUSD) compared to last month's prices and we also get the highest level we've been since July 2019... This changes everything. Now, $13880 is the next barrier when we look at the weekly timeframe and where prices are headed... Above $13880, there isn't much resistance. If BTCUSD can break above...

MasterAnanda

For many months my friends we saw the SPX and BTC charts being correlated... We saw Bitcoin mimic the SPX and vice versa, both moving in the same direction at the same time. Now, things are starting to change. The charts for the SPX and BTC are now completely different and both showing different potential. The SPX for example is looking at a bearish MACD...

MasterAnanda

Bitcoin (BTCUSD) is now facing resistance at $12490, which is the last peak hit back 17-Aug. If this level is conquered, meaning that BTCUSD moves and closes above it, we will see $14,493 as the next target. But, if instead this level can't be conquered, we will continue to see additional consolidation. Breaking above this current resistance also opens the door...

MasterAnanda

Bitcoin (BTCUSD) found support just above MA200 and is now breaking all resistance while moving up. In one single candle, we are seeing prices move above EMA10, EMA50, EMA100, EMA200, and EMA300... Opening the doors to additional growth. BTCUSD GREEN Chart Signals Increasing volume. Bullish MACD. Bullish/strong RSI. Strong bullish/green candle. ...

MasterAnanda

Monday's tend to be bloody for the crypto markets... We have the really bad news of Trump testing positive for COVID-19, which can lead to the markets bleeding. This can turn into a blessing if everything turns out fine for Trump (he is in the high-risk category), as he will be able to say that he got over it easily, that the disease is mild so it is even easier...

MasterAnanda

Bitcoin wasn't able to stay above EMA50 on the daily timeframe... This can signal lower prices. EMA50 is a strong indicator when it comes to BTCUSD and the 1-day chart... Support is found now at $10489 or EMA100. Below EMA100 we will see a stronger drop. Will Bitcoin bounce from the EMA100 support or keep on going lower? We have increasing bear volume...

MasterAnanda

September Bitcoin closed the month with a bearish candle. We have a lower high compared to June and we continue to see lower and lower volume. I've been sounding the alarm since early August and now it is very clear that Bitcoin is going lower. BitMEX is being sued and some people will say that this is the cause of the drop... This is surely a catalyst and a...

MasterAnanda

Bitcoin (BTCUSD) just managed to back above EMA10/50/100/200/300 and MA200 on the 4H timeframe... This can lead to additional growth. At the same time, Bitcoin is also moving above EMA50 on the daily timeframe, which is a strong indicator of Bitcoin's bullish/bearish potential. Above EMA50 daily = strong bullish. Below EMA50 daily = bearish potential. With this...

MasterAnanda

The Bitcoin (BTCUSD) drop below $9200 is now imminent... Why is that? Hit LIKE now and let's get started with the daily first... BTCUSD Daily (D) , 24 hours per candle, is now moving below EMA100, the blue line on the chart. Moving below this level is pretty bad after the 19-Sept. peak only hit below $11200... The daily candle is yet to close and closure is...