We believe there is more coming for Ethereum, Bitcoin and the entire Cryptocurrency market. We've seen a really nice 18% jump for the ETHUSDT pair since 27-May low. This is our relief rally... There is surely more to come. You can check the chart signals described in a previous trade idea in the 'related articles' below. Feel free to comment if you have any...
The Doji at the bottom of a trend with a -9 count on the TD sequential followed by a bounce which ended up in a higher low supported by bullish divergence with the RSI can signal that Solano is getting ready to move. Does that makes sense? It surely does for me and for you! NOTE: The charts can always change. If you decide to trade, make sure to have a plan in...
Bitcoin prints another higher low and still trading above support. We remain patient... The rise can start very soon... Patience right now is the BEST possible call. How long are you willing to wait for BTCs price to start to grow? Namaste.
This is just my take... We will be going green soon and see Bitcoin hitting around $34 and $35K. It can take a few days but we are getting closer... Do you agree? Share in the comments below! Namaste
We had a strong shakeout which is only making us stronger... Why? The long wick on the shakeout candle ended up closing above support (red-dashed line/light blue square on the chart). This signals that the Bitcoin bears tried to push prices lower but the bulls were waiting and ready to buy everything up. Bitcoin is being protected... The recovery rally is...
This is positive news. We have another shakeout, the miners, the whales, the market makers are trying to shake people out of their hands but why? It is very likely that Bitcoin is going to move up soon and that's the reason for the long wicks/shakeouts. It also happens to kill LONGs (long-squeeze). Now, Bitcoin can still go lower, move back up and go sideways...
Here we have some bearish signals as ETHUSDT is clearly trading below EMA10, giving the upper hands to the bear but things can change. We have big green bars but the red bars are small; volume. We also have a higher low 24-May compared to 12-May... I am looking for the positive, the diamond in the rough. We have a short-term bearish bias but believe the bulls...
Looking at the same chart as two days before, the bullish bias remains intact. BTCUSD was rejected at the black descending trendline yet prices remain trading above EMA10/50/100, which is bullish. The trading volume is really low but at this point it signals consolidation. The RSI remains strong. Things can change fast though so be aware. If the upper...
Cardano and Bitcoin, they move together. It is not surprise to see ADAUSDT preparing to move up. We are live on this pair... We will see how it goes. We do see a rally incoming but we belief it is only a relief before one mayor final drop. After this phase, after the bottom is in, we will see long-term and sustained growth. We will see Cryptocurrency settle...
Notice the light blue/red dashed line on this chart... This is our support level. Notice the black descending trend-line... This is our resistance. Yesterday Bitcoin moved to challenge our resistance and was rejected. Today we see a bounce at support. This same support level has been holding for the past 10 days. It was tested 3 times before and every time...
We see that USDT.D move above EMA10 but we are now having a rejection candle... This candle closes in 6 hours but if it remains red, the bearish potential, short-term, remains strong. See before yesterday's article for more below: Namaste.
So, this is back in late 2018, looking at the previous Bitcoin capitulation. I remember it clearly because I was out of town and saw my capital being slashed in more than half in a matter of hours... I share these as a warning for you to prepare and protect your capital as much as you can and want. Here is the chart: Notice that the initial low after the...
We saw how the news people got many of our readers and supporters confused by making them believe that rising interest rates was good/positive for the financial markets. We all know/knew that the Fed raising interest rates is always a bearish scenario. Instead, this situation was hyped up as something bullish and the market pumped in response... The rookies were...
I am seeing many ads on the news section here calling for a "BUY" on the Apple (AAPL) stock... We say... Not yet. It is true we have support weekly on EMA100 (blue line) but there is still plenty of room for additional drop. As it is happening with the Altcoins bear-run... (more below), AAPL very likely has another major drop coming before the bear-run is...
We are seeing Bitcoin drop but the question is this, will it continue lower or bounce back up? Very likely to continue lower. First we have the huge rise in price from late 2020 to mid-2021... This phase needs to be corrected and so far we have two floors. Near the $20,000 price level and $11,000 - $14,000. The RSI is trending down but there is room for it...
We have 6 weeks closing bearish for BTCUSD, the worst ever... Do you think that capitulation will take place now? A huge fast 30-50% drop to set the bottom before a change of trend take place? (Something like this ...) Tell us in the comments... Thanks for reading. Namaste.
We see a clear negative/inverse correlation between Bitcoin (BTCUSD) and Binance Coin (BNBBTC)... We can turn this into something good. We can use Binance Coin, the BNBBTC pair, to protect our Bitcoins while the correction intensifies. We are fully ready and prepare for the worst possible outcome/scenario. We are prepared for $22,222 or $11,300 bottom at the...
Easy my friends, do not despair and take it easy, Bitcoin will soon go up... We say within 5-7 days. The 10th of May can be a very auspicious day, so today it is a good time to patiently wait. Rest easy... The bulls are on the way. Namaste.