alanmasters
Long

Bitcoin Breaks EMA50 Goes for $6700 (Support/Resistance Levels)

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Here is quick analysis on Bitcoin's price action... Enjoy.

What has been holding Bitcoin's price down since late July is the EMA50 (Magenta line). Bitcoin’ tried twice to break this resistance without luck, the third time it broke easily, we move to EMA100 (blue) next.

Here are our next targets for BTCUSD:

(1) $6686
(2) $6832
(3) $7000

And support levels:

(1) $6500
(2) $6460
(3) $6323

I will be tracking Bitcion's movement in this trade idea. Please like to stay updated.

Here you can find our Bitcoin’ long term trade:
November always bullish:
XBTUSD as well:
Thanks a lot for reading.
Your support is appreciated.

Namaste.
Nov 06
Comment: BTCKRW continues doing record volume:
SHORTS continue crashing.

LONGS barely increasing yet doing so.

4H chart:
Nov 07
Comment: The price has been holding nicely above the recently broken resistance.

We have a bullish cross of EMA10 and EMA100 (green and blue).
And EMA10 and EMA200 (green and orange).


These are bullish signals that indicate that Bitcoin will move up further.
Nov 07
Comment: November Bullish Ascending Channel (BTCUSD):
Nov 07
Comment: Nice bounce above EMA10, Bitcoin is showing good strength:
Exchanges volume

Binance volume doubled in the past few days compared to average last week. The same goes for Coinbase Pro, Bittrex, Kraken, Huobi and Poloniex. These are some of the bigger ones and this is a good signal.

HitBTC, KuCoin, Cryptopia, CoinEx and other smaller ones are still doing the same volume.
Nov 07
Comment: The Cryptocurrency Market continues to Heat Up!

WINGSBTC just made a 60%+ jump...

Nov 08
Comment: Update:
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gains gains gains. 50% gain in BATBTC. Copycats must chill. click play. enough said.
Reply
Bravo, Alan. Another call to buy the top right before the bounce down from ema. I hope everyone who followed feels somewhat happy about it. I’m wondering if you believed this ema can be taken out at the first attempt.
+6 Reply
@leoa451, We continue going up. Thanks a lot for the support. Hit "play" and check trendline.

We are making huge profits with our trades. Check my profile.

Easy money trading altcoins.

Namaste.
+1 Reply
@leoa451, Might want to check again.

If we hold $6,390 by daily close, this will be a very very bullish sign in an otherwise bearish engulfing candle. I wouldn't be surprised to $6,600 or $6,800 by this weekend.
Reply
@leoa451, His call shouldn't have been the bounce down from the EMA, but he did have unfortunate timing in that the whales put in a massive stop hunt over the past day.
Get ready to ride the rocket
Reply
Looks good. Thanks for the analysis. We are heading to $6600 and $6800. If that happens we can observe the reversal of the trend.
Reply
Countertrade perma bulls on Tradingview:

Reply
@Counter, Wrong again. It is moving up.
+3 Reply
Counter alanmasters
@alanmasters, The day when you get bearish I will buy.
+3 Reply
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