Bitcoin Full MOON - Short Term Analysis ($5000+ Next - Signals)

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Good Friday ( Full Moon )... Hit LIKE to get started... Your support is truly appreciated.

Bitcoin’ had a massive drop and is finally slowing down. We went down from $6400+ to $4400 in a matter of days, something like the drop we were looking for to finally change trend. But we were also looking for a very strong bounce after such a drop ... Said bounce did not happen, so we are hovering around support now.

The price level we are at is a very strong support marked by EMA200 on the weekly time frame:
Now, Bitcoin’ remains bullish long term, Bitcoin’ will continue growing in value overtime as you can see when you look at the long term chart (Note: Not everybody is able to understand this chart... caution... Bitcoin’ has been increasing in value since its inception... BULLISH ):
Bitcoin’ Short term analysis for $5000 target:

  • On the short term, 4h time frame, we have a falling wedge which is bullish and several reversal candlesticks .
  • After Bitcoin has been oversold massively, you can expect a relief ralley.
  • $5000+ Next (In a matter of days).

Please hit like if you would like to see an updated analysis for Bitcoin Mid to Long Term, including detailed updated information of all the indicators and time frames.

Thanks a lot for taking the time to read.

See you in the comments section below.

Alan Masters here...

Nov 24
Comment: XRPZ18 Short:
Nov 24
Comment: BTCUSD has been creating higher lows on the 4h time frame.

EMA10 (green line) is working as resistance. If EMA10 is broken, we can move straight to EMA50 (magenta line) and reach our first target.

In the meantime, Bitcoin will continue sideways with EMA10 as resistance and $4200 as support.

If $4200 breakdown we are looking at $3980 (~$4000) next followed by $3800 and finally $3500.

The Bitcoin bear market can prolong for several more months if these support levels are tested. Better if Bitcoin holds here and tries to climb back up.

Thanks a lot for reading and all the support. Truly appreciated.

I love you.

Have a great weekend... always.

Nov 25
Comment: Bitcoin went as low as $3600 but managed to close the week above $4,000.

We have really good volume and a reversal candlestick on the daily time frame. Bitcoin might have hit its bottom...

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Alannnnnnn. Here is some help for you. Just be patient. If you need further help, don’t ask me. Hahha.
+1 Reply
Reading the comments... Alanmaster has become a good running gag..! LOL
+2 Reply
@Spaceballs, his ta sucks - and he copies others all the time
+1 Reply
$3500 soon

+1 Reply
Look who is back! The "Long" guy. How many bottoms yet? LOL. One day will bounce of course and then you will be the king! :)
+3 Reply
@EWNS, How many WRONG analysis do people need to understand this guy (allanmaster) is a farce...?! LoL...
+1 Reply
@EWNS, Let these fools follow this fraud and loser their money. Paying for this frauds premium service is a fool's end. I laugh at anyone stupid enough to join this frauds premium service!
+1 Reply
@EWNS, he not to stop copying people also
Another "top" author bites the dust.

When will people learn these "top" authors don't know anything.

All they want are fools to join their premium service. You pay them to lose money!
+4 Reply
@shinsky, and they copy others and say its theirs
+1 Reply
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