We've been looking at COSBTC (Contentos) since it was around 33 satoshis. Now the base is set at 38-40 satoshis and continues pushing up against resistance trying to grow. Previous chart: As you can see, the chart remains the same. The only difference now is that COSBTC is clearly trading above EMA50 while challenging EMA100. We are strongly bullish above...
Here we have a daily (D) timeframe chart for Bitcoin (BTCUSD). Each one of these candles stands for 24 hours. The big bold black line on the chart stands for MA200. Bitcoin is in a very strong bullish move right now and currently trading above EMA10, EMA50, all EMAs and also this MA200. We remain strongly bullish above these level. Before we can even think of...
Here you have a chart fully mapped for BEAMBTC. The targets listed below. TP1: 0.00002000 TP2: 0.00002300 TP3: 0.00002600 TP4: 0.00002950 TP5: 0.00003450 Stop-loss marked on the chart. This is not financial advice. Thank you for your continued support. Namaste.
Here is another pair that looks ready to move according to the chart signals; remember, we are reading the charts. What I marked here with a light blue square is the higher low. The low was hit in January 2021 and the higher low in July 2021... This is a very strong bullish signal. Right now prices moved back above EMA100 (blue line) and the projection is up...
This chart here is strongly bullish... We've been waiting for a breakout for Cindicator (CNDBTC) and waiting is normal. It takes time for any pair to consolidate and take off. Here, CNDBTC is now trading above EMA10/21 and EMA50. We have strong volume and both the RSI and MACD on the bullish side: What these signals are telling us is that the breakout can now...
One of our followers asked for a long-term chart for Ripple vs Bitcoin (XRPBTC)... Here it is. --- To me it looks very simple and straight forward. The market moves in cycles, we have bearish and bullish cycles. Below EMA50 we have bearish cycles. Above EMA50 we have bullish. After the 01 January 2018 price peak, we had the longest bearish cycle in Ripple's...
Recently I shared a chart for Bitcoin Dominance (BTC.D). Here is a follow up, short and simple... I believe this chart will continue climbing until reaching 50 and higher. The indicators, RSI and MACD, as well as the volume bars and the candles (candlestick reading) support this. Previous chart: Remember to hit LIKE and leave a comment. Namaste.
We now have 6 consecutive green candles on the daily Bitcoin chart. This isn't something we see often. At this point, many people are already looking for a retrace but here is my theory as to why I think we can go straight up. First, it is the same signal I mentioned just two days ago with the volume bars. We are starting to see volume, finally, but it is still...
We expected prices to increase based on some pretty basic signals looking at the 4h timeframe for BTCUSD... This moved took place ( see it here ). What happens next with Bitcoin? Let's have a quick look at the daily timeframe but once more keeping it simple... Simple is best. Bitcoin daily managed to close 'yesterdays' candle (23-June) above EMA10 and EMA21,...
We expected prices to increase based on some pretty basic signals looking at the 4h timeframe for BTCUSD... This moved took place ( see it here ). What happens next with Bitcoin? Let's have a quick look at the daily timeframe but once more keeping it simple... Simple is best. Bitcoin daily managed to close 'yesterdays' candle (23-June) above EMA10 and EMA21,...
Loom is ready to boom! We have three really strong candles in the past few days for LOOMBTC which points to a change of trend. Our most basic signal to gauge the potential of a pair is when we look at EMA10. When prices are below EMA10, we see the potential leaning towards the bears. Above EMA10, we have bullish potential. Two days ago LOOMBTC managed to break...
COSBTC is still within its higher low and still accumulating (loading) before its next bullish move. There isn't much to do here other than be patient and wait. We are strong above 30 satoshis. Below 30 satoshis (0.00000030), this can signal additional correction/retrace. Since the current price is sitting at 34 with the MACD and RSI both moving up, we are...
KNCBTC has been printing higher highs and higher lows ever since it starting growing after the early January 2021 low. You can see this marked on the chart with red trendlines, an ascending channel. Currently, we see its price moving above EMA10, EMA21 and more importantly, MA200. Moving above MA200 is a strong bullish signal. The RSI is strong above 50; the...
These signals are very simple: 1. YFIBTC Corrected and found support exactly at the 0.786 Fib. retracement level of the last bullish wave. 2. Its price is back above MA200 (black line). 3. Look at the bullish cross on the MACD (chart below). 4. Other altcoins (Altcoins vs Bitcoin) are starting to move strong. MACD: YFIBTC can potentially resume its uptrend...
This is literally the question most often asked in the comments section when I share any bullish article on Bitcoin... But what about the death cross? A death cross happens when MA50 crosses bearish the MA100 line, here marked as Blue and Red respectively: The death cross is a bearish signal. When we do chart analysis, we do not take signals independently but...
This is literally the question most often asked in the comments section when I share any bullish article on Bitcoin... But what about the death cross? A death cross happens when MA50 crosses bearish the MA100 line, here marked as Blue and Red respectively: The death cross is a bearish signal. When we do chart analysis, we do not take signals independently but...
Enjoy the Full Moon... Bitcoin We have multiple signals to look at on the Bitcoin Weekly timeframe. Let's get started right away... Bitcoin Drops ~55% First, we have a 55.93% drop from the All-Time High hit mid-April to the recent low hit yesterday, 22-June. See here the chart: This signal alone calls for a "bounce". A bounce means prices jumping back up...
Enjoy the Full Strawberry Moon... Bitcoin We have multiple signals to look at on the Bitcoin Weekly timeframe. Let's get started right away... Bitcoin Drops ~55% First, we have a 55.93% drop from the All-Time High hit mid-April to the recent low hit yesterday, 22-June. See here the chart: This signal alone calls for a "bounce". A bounce means prices...