MasterAnanda

MasterAnanda

What is happening with Ethereum (ETHUSD)? This chart is looking weak or strong? Ethereum has been growing massively and this is great news for the entire cryptocurrency markets. It is great when Bitcoin grows but it is also good to see the Altcoins do great... Feel free to hit LIKE now and let's get to the ETHUSD chart. Ethereum vs the U.S. Dollar The...

MasterAnanda

The chart we shared for Frax Share (FXSBTC) went bust... Ouch! But this is no big deal, this is normal... Some we win, some we lose... Wait, it is a bit more complex than that. We need to use a stop-loss and also have a well-developed plan before trading. (To increase potential wins and reduce potential loss) If one of our trades fails, we lose 10%, 20%,...

MasterAnanda

The weekly chart for our beloved Ethereum (ETHUSD), the #1 altcoin, is really looking good... Meaning, there is lots of potential/room still left available for growth. Hit LIKE to read the chart! The first thing to notice here is that the EMA10 green line has never been 'breached' since April 2020. Trading above EMA10 = BULLISH. Here we have the proof. Now,...

MasterAnanda

Ethereum (ETH) Moves Ahead, Back Above EMA10 +Altcoins Update Ethereum (ETHUSD) peaked 16-April reaching a new All-Time High, what followed was a sudden but fast correction that took prices all the way down to EMA50 on a wick... Let's see what happens next. Ethereum Bullish Chart Signals @alanmasters Yesterday we saw ETHUSD bounce off the EMA21 line to close...

MasterAnanda

We have countless days of bullish action and we all jump and rejoice... We continue with a bullish market and we all enjoy the profits, the growth, and the fun. We get one red day and we call it the end of the of it all... Remember, patience, Bitcoin is moving back up. Bitcoin Recovers? Looking at the 4H timeframe so far we have a "V-shaped" drop and also a...

MasterAnanda

This is the monthly chart for BTCUSD (Bitcoin) which shows the bulls in full control. First, we use EMA10 as a gauge of bullish/bearish potential for any altcoin trading pair. Above EMA10 for us equals bullish. Below EMA10 for us equals bearish. Right now, Bitcoin is trading safely and strongly above EMA10, keeping the potential towards the bulls. The...

MasterAnanda

Bitcoin (BTCUSD) continues to do great and a new All-Time High (ATH) has been hit today, with more to come... But, what will happen to the Altcoins? How do we approach this market correction? The altcoins and altcoins market has been growing massively since the year 2021 started. Bitcoin took 2020 by storm but as we reached 2021 the Altcoins also joined the...

MasterAnanda

Right now we already know that Bitcoin (BTCUSD) is strongly bullish, its price has been consolidating near All-Time High for over 50 days... The longer this bullish consolidation continues, the higher that prices will go when we see a bullish break. Our previous target at $65,000 is no more. We have really strong indicators right now that supports additional...

MasterAnanda

The weekly candle is now complete and we have a bullish close at $59016.39 for BTCUSD. Last week closed higher than the 15-Feb. week where Bitcoin hit its previous All-Time High. The current All-Time High on this exchange (BitStamp) is currently set at $61781.83, hit on the 13th of March. As Bitcoin grows, the Altcoins market is also doing great and showing...

MasterAnanda

We hit another milestone today with a new All-Time High for Bitcoin, BTCUSD. 👏 (Hit LIKE! 👍) This new high is now set at $60,419 with higher prices insight. On the 12th of March 2020, Bitcoin hit a low on BitStamp at $3850. Ever since this low was hit, Bitcoin has been printing higher highs and after July 2020 we've been having a massive run. Like I mentioned...

MasterAnanda Updated 

We are right where we started back when Bitcoin was at $15,000 USD... The market looks overbought but the Bitcoin price continues to increase. Let's have a look at the shady price action: First, looking at the 1H timeframe, we have these steep drops that are quickly bought up, as if some magical entity/ies is trying to shake people out of their Bitcoins. We...

MasterAnanda Updated 

The "Stimulus Pump" is real and it is now being felt on the Bitcoin's price. Ever since the 1.9T Covid checks were approved this past weekend, we have been seeing the bulls jumping back on top. Now that the news is in, prices are starting to go back up. The last high is the next resistance at $58,350 but we can go higher based on the short-lived retraces and...

MasterAnanda

This signal takes priority over all others... The more fiat that is printed, the higher the prices we will see Bitcoin at. We have more stimulus money coming out of the USA, which is good news for the markets. The chart signals and technicals agree with this view: BTCUSD 4H Timeframe has only bullish signals. There is some weakness in the volume but prices...

MasterAnanda

Bitcoin (BTCUSD) has broken the descending trendline (marked blue) and is now going green, the bulls are back on top. A rejection took place at the blue trendline recently and we saw prices moving below MA200, EMA200 all the way down to EMA300, which worked as support. As soon as EMA300 was confirmed, Bitcoin moved back up and closed above all the Moving Average...

MasterAnanda

Yesterday Bitcoin closed below EMA10 after a lower high, this is bad news based on my EMA analysis. We are sure to hit EMA50 or much lower, EMA100 ($36000) if BTCUSD closes today (4-March) below $47800 or EMA21. Conditions for change Any close below EMA10 would be strongly bearish, to see change, we would have to see prices moving up and closing above EMA10. ...

MasterAnanda

We are looking at Bitcoin (BTCUSD) on the 4H timeframe where a bearish bias is starting to develop. The current candle is trading below EMA50, EMA100, EMA10, and EMA21, which favors the bears. The current candle is still active but closes in about an hour. A close below these levels can signal that Bitcoin is about to drop. This drop would take the price where...

MasterAnanda

Just like Bitcoin, Ethereum (ETHUSD) will also resume growing but only after seeing lower prices. It is normal to have a correction after such strong bullish action. Here we can see that ETHUSD is already trading below EMA10 weekly, sending out a strong bearish signal. (Note: Candle closure later today is needed for confirmation of this signal. ETHUSD most...

MasterAnanda

Let's look at the positive side and hit like... Bitcoin is bearish after some really strong bullish action, but this is just a healthy correction taking place. Yes, we see Bitcoin going lower since the 22nd of February but the trading volume is low and we continue bullish mid and long-term. We are likely to see prices bounce to ~$50,000+ when EMA50...