MasterAnanda

MasterAnanda

And we have a bearish Bitcoin meaning... We also have a bearish Ethereum. Right now ETHUSD is moving below EMA10 after a strong bearish candle 31-Aug. very similar to BTCUSD. This weeks candle is still active and the week young... So this chart can easily change. Confirmation only happens after candle closure; end of the week. If ETHUSD closes below EMA10...

MasterAnanda

My beloved cryptocurrency enthusiast, supporters, and successful traders... Here we have the Bitcoin Weekly chart. We looked at the 4H + Daily (D) timeframes earlier, shared below, and we saw the bears moving in and pushing prices lower... We read the charts perfectly and we hit our targets. Now, we know that each timeframe is unique and provides us with...

MasterAnanda

Just as we saw in our past two analyses, one reading the chart and the other one looking at support level targets, Bitcoins is starting to drop. Here we are looking at the 12H timeframe together with EMA21. The EMA21 indicator is another famous value used to chart cryptocurrency, Bitcoin/Altcoins, this is marked here with a blue line. Notice how the last cancel...

MasterAnanda

It's been a while since I shared some numbers for Bitcoin (BTCUSD). We have a trade active now on 10X lev. and I would like to share our targets with you for learning and/or entertainment purposes... Here they are: BTCUSD Targets 1) $10355 2) $9888 3) $9370 4) $9065 -> We opened a SHORT Friday with a buy price of around $11110 - $10850. -> We are using 10X....

MasterAnanda

We have Bitcoin (BTCUSD | 4H) facing resistance at MA200, the black line on the chart. A strong drop followed after BTCUSD closed below MA200 back on 2-Sept. Prices dropped from ~$11600 all the way to $9800+. Today we have a rejection at MA200 on the 4H chart... We have a bearish cross on the MACD. Bearish divergence between BTCUSD and the MACD. And...

MasterAnanda

Just perfectly as we charted, Bitcoin went on to bounce to around $11,000/$11,300 before the next move. As the chart is looking now, Bitcoin can start to retrace or go a bit higher before... But just as Bitcoin hits local resistance and starts to test support, many of the altcoins are completing their corrections and ending up with a higher low. The market...

MasterAnanda

Bitcoin (BTCUSD) is now aiming at $9100 or EMA50 on the weekly timeframe... Hit LIKE to get started! Last week we got a higher low and also a candle close below EMA10, signaling a switch from bullish to bearish short-term. With prices now trading below EMA10, Bitcoin is aiming lower. The next support is sitting at $9100/$9250. Marked by EMA50 and the...

MasterAnanda

Ok... I know what's on your mind... Hit LIKE to get started with this analysis now! We predicted Bitcoin (BTCUSD) hitting around $9600 but... As soon as this happens a new question comes up... Will it resume growing or will it go lower? Let's keep it simple shall we? Bitcoin is very likely to go lower. Now, I am not saying this based on upcoming news...

MasterAnanda

We are looking at a potential head & shoulders pattern which together with other signals confirms a bearish Bitcoin. Right now we have prices moving below EMA10 for BTCUSD on increasing volume. The MACD has been trending lower and lower giving out multiple signals in the form of bearish divergence. The RSI is trending down strong. All these signals...

MasterAnanda

Bitcoin (BTCUSD) is now moving below EMA10 after a double top... The crash is now on. The MACD has the bullish cross and the RSI trending now... I gave all the signals at the weekend... Prices will start to move lower for Bitcoin. It won't' be pretty. Namaste.

MasterAnanda

We've been looking at Bitcoin but keeping our focus 100% on the Altcoins... Here are the questions that continue to come up: 1) What will happen to the Altcoins if Bitcoin crashes? 2) Will there be a new Altcoins bull run? 3) If yes, to question #2, when will it happen? 4) How are you doing Alan Masters? Ok... Let's get to it. First, I've given...

MasterAnanda

We looked at the mixed signals for Bitcoin (BTCUSD) on the 4H timeframe... Now let's look at the daily and see what we have. We still have some mixed signals here since we are technically bullish above EMA10... But we have many signals developing that tells us a drop can come next. Let's get started right away. ---- 1) Let's start by looking at the blue lines...

MasterAnanda

Ethereum (ETHUSD) follows Bitcoin (BTCUSD) which is now in a bearish continuation move (see related ideas). On the 2nd August ETHUSD printed a long lower wick that tested EMA50 as support. After this test, we ended up with a lower high... So EMA100 is likely to be tested next. The target for ETHUSD now sits at $347/$344, which is the 0.618 Fib. retracement...

MasterAnanda

Multiple bearish signals are starting to develop on the BTCUSD chart. On the last drop , prices tested EMA50... EMA100 can be tested next if EMA10 breaks. If EMA10 holds, the last high can be tested before the next move develops. Namaste.

MasterAnanda

Let's have a quick look at Bitcoin short-term. This is the BTCUSD pair on the 1H timeframe, let's read the chart. We can see prices moving below EMA10/50/100 and MA200 (black line). Bear volume starting to increase as soon as prices moved below MA200. The MACD moving below zero while curving down. Weak RSI below 40. Strong bearish candle on 2-Aug....

MasterAnanda

This is it folks... Bitcoin (BTCUSD) peaked. Here we can notice a strong bearish divergence between Bitcoin and the MACD/RSI. We also have the Bitcoin CME Futures GAP which I wrote about on July 28... Prices are now clearly aiming lower. All the support levels are marked on the chart. Namaste.

MasterAnanda

Bitcoin had a very strong close in July at $11350, hitting a new high and the highest price since August 2019... 1 year ago. This is a huge development and opens the door for additional bullish action. We've been aiming at the highs $13k/$14k on multiple timeframes if the $10400/$10500 barrier was taken out... This is true in the monthly timeframe as well. ...

MasterAnanda

Here we have an updated version of the weekly (W) chart for Bitcoin (BTCUSD) since the $10400/$10500 barrier has been taken out. One important note before we get started. This week is brand new and we are looking at the weekly chart. The price for Bitcoin can change and reverse by end of week so we need candle closure for confirmation... The trading volume is...