Ripple (XRPUSD) did great and grew a lot in just a few days... We had a great chart out about this move.
Now, things changed and prices are retracing... It is time for the smaller capped altcoins to grow.
Here we have XRPUSD showing a lower high after a peak and prices breaking below EMA10.
We will see lower prices and here I've marked the next support.
Bitcoin had a very strong close in July at $11350, hitting a new high and the highest price since August 2019... 1 year ago.
This is a huge development and opens the door for additional bullish action.
We've been aiming at the highs $13k/$14k on multiple timeframes if the $10400/$10500 barrier was taken out...
This is true in the monthly timeframe as well.
Here we have an updated version of the weekly (W) chart for Bitcoin (BTCUSD) since the $10400/$10500 barrier has been taken out.
One important note before we get started.
This week is brand new and we are looking at the weekly chart.
The price for Bitcoin can change and reverse by end of week so we need candle closure for confirmation...
The trading volume is...
Bitcoin managed to break the $10,400/$10,500 barrier easy... Where are prices headed next?
Ok. As soon as Bitcoin (BTCUSD) moved above EMA10/50, we quickly adapted to the market and saw $10,400 as the final target...
This level rejected Bitcoin's growth in the past... See it below:
July 21 | Bitcoin Goes Bullish... Where To Next? $9800 or $10,400?...
Bitcoin ( BTCUSD ) continues trading above EMA10 keeping it bullish ...
We are also above the 0.786 Fib. extension level mentioned in my previous analysis.
As long as we remain above these levels, the bulls stay in control.
If prices drop and close below 0.786 Fib. followed by EMA10, we can say that the bears enter the stage but we still remain bullish...
Finally we get to look at some bullish signals for Bitcoin... Hit LIKE and start reading...
We will first look at the daily and then short-term on the 4H and 1H timeframes... Let's get started.
Bitcoin (BTCUSD) recently moved above EMA10 and EMA50, which lead me to quickly adapt and share an article mentioning this as a bullish signal and new potential for...
Hello my fellow cryptocurrency trader, wishing you a great Sunday today and also a wonderful upcoming New Moon.
We've been looking at Bitcoin (BTCUSD) over and over short-term... Which can blur the long-term picture as to what is coming for this cryptocurrency, the King... next.
Hit LIKE now and let's get straight to the conclusion...
Bitcoin (BTCUSD) is very...
Start by hitting LIKE now and let's do an analysis of the EMA50 indicator on the daily timeframe for Bitcoin (BTCUSD).
Back in April 2020, we predicted a "price jump" for Bitcoin based on the fact that EMA50, which was working as resistance at the time, continued to be challenged over and over.
When a resistance level is constantly challenged, it makes it...
S&P 500 Index Full Analysis (Still Bearish Here)
I would like to give a full analysis of the S&P 500 Index (SPX) chart... Let's get started!
We will look at my classic signals and then a general view.
The classic bearish signals coming out of this SPX chart are as follow:
The first thing to notice here is a lower high compared to the 8-Jun.
I shared a...
We continue having a non-eventful Bitcoin... Bitcoin Sideways.
Which are your TOP5 Altcoins Pairs?
With Bitcoin (BTCUSD) still trading within a range, the altcoins market continues to grow.
I looked at Algorand (ALGOBTC) and saw "strong consolidation" taking place.
While Ren Protocol (RENBTC) and Aave (LENDBTC) continue to grow every day.
How are you doing today?
Recently I shared a chart for you predicting a drop for the S&P 500 Index (SPX)... We still had some mixed signals but prices looked like they peaked and so it is... See it you:
Now, we have a better idea as to what will happen next.
In my last trade idea for Bitcoin (XBTUSD), looking at the 4H timeframe, I gave you the direction where Bitcoin was headed next...
Now, I would like to share with you the next target (being a bit more specific).
Here are the support levels where Bitcoin can find resistance if prices continue to drop:
These are short-term...
Great Wednesday my fellow human and cryptocurrency trader, how are you feeling today?
The content below was published 19-May... What's your take?
Please use the comments section below after reading it...
We've been looking at many of the Altcoins vs Bitcoin (ALTSBTC) pairs and many are set up to explode, meaning, they are about to jump in...
We are of the same view here with Bitcoin (XBTUSD) printing a lower high and now closing below EMA10... Prices can drop lower.
The immediate support is sitting at $9333 or EMA50, this is the next level to look at if Bitcoin moves lower.
Followed by $9174 or MA200.
Additional support levels are marked with blue dashed lines.
The immediate resistance is now at...
Bitcoin (BTCUSD) peaked at $10,074 on the 7-May and prices are now trading near the $9000-$9300 price range.
Bitcoin is no longer trading near resistance, now it is going towards support.
I saw some signals out of the charts and technicals that are really strong and pointing to a drop.
Mondays can be bloody for Bitcoin so please be cautious.
This is 100% original content/analysis... Please hit LIKE to support this post.
So, what is going to happen next with Bitcoin (XBTUSD)?
Now I share analysis of the EMAs that I learned through experience... Here is the sequence:
1) XBTUSD (Bitcoin) breaks below EMA50 on the 9-May, by the 13-May XBTUSD is back above EMA50.
In this case, EMA200 was hit (brown...
What is happening with Bitcoin (BTCUSD) now?
(Please hit LIKE to support this trade idea)
Looking at all the charts here on Trading View, we can easily say that we are having some really mixed feelings... Will prices go up or down?
What about the chart signals, what are they saying?
We have mixed signals because of how we read charts.
Some signals are stronger...
Here we are SHORT now with XBTUSD (Bitcoin) and we are going on 8X... Let's have a quick description of the above setup.
1) First, we have the higher low which we mentioned in previous articles.
2) Prices are now trading below EMA10 and we have decreasing trading volume, going lower and lower.
3) A recent rejection of prices while they tried to move and close...