TRON (TRXBTC) has been growing since hitting a low in early September. We can see a clear uptrend forming with higher highs (HH) and higher lows (HL) being printed.
The volume is increasing gradually and the price stays above support (EMA10 and EMA50).
Looking at these signals tells me that this pair is very likely to continue growing... Not only for a few days...
Bitcoin (BTCUSD) took a two days break and is starting to bounce.
It is challenging EMA10 right now after a false breakdown below the 0.786 Fib. retracement level from the last bullish wave.
If BTCUSD can remain above EMA10 ($8057), this is a good signal telling us that it is likely to go higher.
But if BTCUSD moves below $7993 (0.786 Fib. retracement support),...
This is our full trade for Bitcoin Cash (BCHZ19) with leverage.
This is for advanced/experienced traders only.
This is not financial advice.
Trade: LONG BCHZ19 (Bitcoin Cash)
Buy-in: 0.02700 - 0.02750
Stop-loss: Close daily (D) candle below 0.02580.
Bitcoin (BTCUSD) did not move to 9k, which is obvious, it continues consolidating within a range...
Sideways Bitcoin = Altcoins Growth
My previous analysis on Bitcoin remains valid (you can see it below), we now proceed to take a look at the Altcoins growing more and more.
Bitcoin (XBTUSD) Moving Aries | $8.6 -$9k | Short-Term Full...
Bitcoin (XBTUSD) is likely moving higher now... but why?
On the chart above, take a look at the trend line... This trendline worked as a strong resistance pushing Bitcoins price down multiple times.
After it was broken, Bitcoin challenged the next resistance and came back down to retest the trendline... The trendline held successfully and Bitcoin is now showing...
Following up on our last Bitcoin (BTCUSD) analysis... Will it hit $9,000 Today?
Volume is still low but gaining momentum.
Now trading above EMA10 and EMA50.
RSI is now on the bullish zone.
Bitcoin is strong and the altcoins continue to grow.
Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been moving higher, slowly, since...
A peak price was hit yesterday (11-Oct.) at $8,820 with a long-wick/huge rejection candlestick.
But still, we believe Bitcoin will bounce and move higher, why?
The volume on the drop is really low... Bears are lacking strength. If Bitcoin drops some more and there is still...
Most people believe that Bitcoin (BTCUSD) is entering a consolidation phase (green triangle) which will lead to a bullish explosion pushing bitcoin higher in value.
A repetition of what we saw in late 2019 and early 2020.
If this scenario comes to pass, we can see Bitcoin hit $28,000+ in early 2020 and beyond...
We've looked at the short-term view, bearish and...
Is the Bitcoin (BTCUSD) chart changing?
Have we gone from bullish to bearish short-term after we hit 3 targets for our last BTCUSD trade?
Let's take a look...
Feel free to hit like if you want to now show your support.
On the chart above we have the 'UPPER TRENDLINE' and 'LOWER TRENDLINE'... This is the range in which Bitcoin is trading right now.
Bitcoin (BTCUSD) just printed a strong bullish candlestick pattern, but we are not there yet...
Feel free to hit LIKE now and let's get started with this analysis... Thanks a lot for your support.
Bitcoin (BTCUSD) | Daily (D) Timeframe Analysis
Circled in green, we can see the bullish engulfing pattern.
We can see a young bullish MACD crossover.
Bitcoin (BTCUSD) short-term drop, as seen in my previous analysis, is coming to an end.
We can look into any pair short, mid and long-term.
We are looking into Bitcoin (BTCUSD / XBTUSD) daily, in order to determine its next move.
Our main target now is $8500.
We went from SHORT to LONG...
Conditions for change
Remember that this situation/chart can easily...
Bitcoin (BTCUSD) is still aiming lower. We have a short since $8200 and we think our remaining two targets will hit...
Bitcoin is trading below EMA300 on the daily time frame, so another leg down might happen before testing resistance back up... Here is the chart:
Below you can find the full details of our trade, remember...
Bitcoin (BTCUSD) remains bullish on the monthly timeframe.
We are not used to seeing a "long-term" bearish Bitcoin.
We are not used to seeing Bitcoin consolidate/go lower for months.
There was only one occasion where Bitcoin went negative for six months straight. That was between August 2018 and January 2019... What followed was the BTC 2019 bull-run which...
Bitcoin (BTCUSD) is trading below EMA10 and gaining momentum on the 1h timeframe.
EMA50 is also being broken now and we marked the next target.
Support is found next at $8218, which is the 0.382 Fib. retracement level from the last bullish wave.
The next support that follows if the above breaks are $8122 and finally $8027.
On the way up, Bitcoin needs to break...
Bitcoin (BTCUSD) isn't out of the bear hands yet short-term, the move to $9000-$9200 isn't confirmed, but why?
As you can see in the chart above, Bitcoin is still trading below EMA10, which is now sitting at $8547.
For Bitcoin (BTCUSD) to signal bullish potential short-term, we need a close above this level. Since Bitcoin is trading below it, it has the...
Bitcoin's (BTCUSD) bounce is starting to take form.
We can see a new higher high on the 4H timeframe, as well as a break above EMA10. This candlestick that is open now closes in a few minutes for confirmation.
Trading volume is low which is normal on a weekend/Saturday, but we can clearly see an ascending triangle (not drawn) and a broken bearish flag. These...
Bitcoin (BTCUSD) is now moving within a descending channel, going lower.
Now I am seeing a potential bounce in place or further drop.
Bitcoin can easily move lower, according to the chart above, but a bounce is also very likely.
As for the mid $6,500 price (I am looking at the $6200 - $6500 range), I am looking at this level for Bitcoin (BTCUSD) to fully...
Today's drop makes it clear that Bitcoin (BTCUSD) is going to retrace as we were expecting... But how much lower can it go?
Let's take a look at Fibonacci proportions for answers...
Bitcoin reached a peak in late June completing a move that started back February 2019... As it moved lower, it found at the 0.382 Fib. retracement level from the last bullish wave....