AlanSantana

Bearish Bitcoin Confirmed! ($9600 Next?) Altcoins?

Short
AlanSantana Updated   
BITFINEX:BTCUSD   Bitcoin
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 add up to the candlestick printed on the 2nd August, which told us that a reversal was close to come.

    So get ready... You've been warned...
    Bitcoin is likely to go lower.


    How will this affect the altcoins market in general?

    The altcoins market will continue to grow.
    The TOP10 can/have their own cycle but the altcoins market in general, ALTSBTC, continues to look strong and very likely to print more and more growth.

    Focus on the altcoins.

    Namaste.

    Previous article Aug. 13 | Bitcoin Weekly Showing The First Signs of Retrace to $10204...
Comment:
Let's have a look at some of the altcoins here growing strong:

JSTBTC

FTMBTC

QSPBTC

GVTBTC

LTOBTC

TRXBTC
Comment:
New Bitcoin (BTCUSD-4H) update
Bitcoin Critical Support Level Mapped ($11100 - $11200)

+More altcoins...

TRON Gains Momentum (New Long-Term Targets, 185% Or More)

Tap (XTP) Project Overview + Long-Term Targets @AlanMasters
Comment:
Last of the day... More altcoins.

Wishing you a great, successful, and profitable weekend.
Wishing you amazing health, wealth, and prosperity.
Wishing you the best now & always.

---
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Polkadot (DOT) Project Overview + Chart Analysis (Targets)

Paxos Standard Is Ready To Move 40% or up to 112%

DigiByte (DGB) Uptrend Intact (80%+ Mapped Short-Term)
---

Thanks a lot for your continued support.

Namaste.
Comment:
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