I charted this one before the bullish action took place. Have a look, the chart was shared 29-August: If you hit "PLAY" on the previous chart, you can see that OMGUSDT is now trading next to strong resistance after hitting a new high. The MACD is trending down strong as well as the RSI. A correction can take place anytime now on this pair, be careful... Buy...
This is a tough spot here, I will say it before even getting started. We have the support level marked on the chart. This support level was hit back in July and this lead to a very strong bullish bounce, 100% of growth. Then we got a correction and this one has been really strong. The way the chart is looking, we are likely to see more blood (red) on this...
You know how I keep on repeating that all of the USDT altcoin pairs charts look the same, some are simply ahead or behind in a certain pattern. Here is TRXUSDT, this looks like the Bitcoin (BTCUSD) chart or many of the Altcoins we look at and trade. Notice that on 7-Sept. there is a strong drop. Notice the correction from May to July and the bullish wave that...
I think this is the strongest chart I've ever seen... I should say, the healthiest bullish chart. We have a strong bull trend with healthy corrections and continued higher prices. It looks similar to many other Altcoins though but more advanced. If this signals what is to come for the rest of the market then things will be really good. FTMUSDT next target is...
MOITA (IOTABTC) is giving out an air of recovery but somehow I am not fully convinced. We see prices moving above EMA10 and the recent MACD bullish cross but when we look closer, we have a lower low compared to the recent July and August support. We also have a descending channel rather than a falling wedge. It will surely recover, we are bullish long-term but...
This is exactly contrary to what we just saw with BANDBTC. BANDBTC is trading near its All-Time Low, which makes the chart look great for bottom price buyers like myself. Instead, LUNAUSDT is trading near its All-Time High... Something that we do not prefer and we definitely do not trade but there are different methods, different strategies, different trading...
BANDBTC is showing some recent bullish action but with really weak volume... There is hope. If we look at the last four candles, they are all green but the volume is not very convincing... It feels weak. This is a short-term analysis as we are only looking from June forward. BANDBTC is trading near All-Time Lows, in fact, the lowest ever was a long-wick back in...
Bitcoin closed a full bearish/red candle yesterday and today its price is moving below EMA10. After a new peak/high, All-Time High, it is normal for a correction to take place... So, where are prices ahead? You can see additional details on the chart. As Bitcoin corrects, the Altcoins grow I am looking at mainly ALTSBTC but the altcoins market, in general,...
Cindicator (CNDBTC) has a strong bullish bias right now. We did hit lower compared to July but only on a wick. We have a strong bullish divergence on both the MACD and RSI. Just a spark is needed and this whole thing can explode. Here is a full trade signal with entry, targets, and stop-loss. ======== ENTRY: 0.00000026 - 0.00000029 TP1: 0.00000036 TP2:...
Bitcoin hits a new All-Time High right on Full Moon day. What does it mean? Are these related? Let's have a look at Bitcoin related to some astrological events. Bitcoin Astrology with Alan Santana First, we have a Full Moon in Aries today and it is widely known that the moon is closely related to human behaviour and emotions. When the moon is full, people...
I will keep it short and sweet. ---------- In April 2013 Bitcoin hit a new All-Time High and quickly went into correction for the next two months. May and June 2013 printing two red candles. In July, August, and September 2013 Bitcoin consolidated. (July/August Green, September Red) In October 2013 Bitcoin broke bullish. In November 2013 Bitcoin grew to new...
Polygon (MATICUSDT) had really good volume on the 15th of October. This is in fact the highest volume on a daily candle since May when strong bullish action was taking place. Everything looks good here chart-wise. Notice the black line (MA200), MATICUSDT stays safely above this level. Its price is also trading above EMA50 and EMA10. We have both the MACD and...
Ripple (XRPBTC) had a bullish break recently when it managed to stay above MA200 (black line) and cut through EMA50 in late July and early August, but all this momentum has been lost now that prices are trading back below these levels. The bearish signals are many and the bearish bias is strong. We have everything trending lower. The trading volume is low though...
Solana (SOLUSDT) has been strongly bullish, always, and with the entire market set to continue growing, we see no reason why this bullish trend should stop. Even though Solana joined us recently it is now the #7 biggest cryptocurrency project by market capitalization. This one is good for DeFi and DApp creation. On the chart above, we see potential for higher...
This is an interesting one... Here we can see that the TOP altcoins have their own cycles/charts. This is LTCBTC and this one is completely different from most other ALTBTC pairs. This week, LTCBTC hit a new All-Time Low, going lower than the low hit back in March 2017. This low was set at 0.00300000 and recently we hit 0.00293440 on a wick. Now, this is...
We start with Siacoin vs Bitcoin (SCBTC), which is the TOP requested altcoin in our previous trade idea. The first thing I would like to show you is what I call a bullish chart/trend/cycle. The low for SCBTC was set late December 2020 at 10 satoshis, that is 0.00000010 BTC. Any trading above this level, even if it takes years of waves and price swings, we...
People ask a lot about this chart, Bitcoin Dominance (BTC.D). Currently, we have some bearish action developing even though it is early on. We are used to reading early signals and this is pointing like a correction is about to show up. Check my latest BTCUSD for more details. Now, how far down can this one go? We are looking at a correction but not a bear...
I mentioned this one briefly in a previous article, this pattern isn't new but has been pretty relevant in this bullish cycle. The first half of the week we go slow and/or red. The second half of the week things speed up and/or green. I made a mistake recently which costed me a lot of money. All my mistakes are really expensive because I put tons of money on...