We know many of you are really interested in the smaller altcoins...
The altcoins market continues to grow stronger and in bullish potential, here is what will happen next.
Now, before we get started, it is always necessary to make this small but very important distinction when we talk about Altcoins.
Conventional analysts here talk about Bitcoin and...
We now have Bitcoin (BTCUSD) fully retracing with a full bearish candle close below EMA10, signaling that prices can easily continue lower... But, what happens to the altcoins?
In our view, we have mainly three markets when it comes to Altcoins vs Bitcoin.
First (1), we have Bitcoin vs the Dollar (BTCUSD).
Second (2), we have the Top10 Altcoins (ETH, XRP,...
There is a FUD of Binance that Binance has not enough USDT for lending. So today BTC was dumped after failed several times with 10400-10500$ zone.
But don't worry, Market's health is still good and this is just a small adjustment before new big wave.
If you bought BTC around 10100$, don't worry, BTC will back to there soon
If you missed the 10100$ train, don't...
Our 2 buy orders at 9750$ and 9550$ were filled. This is the best opportunity to accumulate more BTC to catch the big Altcoin season.
Here is our plan
- If you just want to trade BTC/USDT, BTC will back to above 10000$ in next 2 days and will try to test 10500$ zone
- If you want to earn money effectively in this period, let you give BTC a safe range above 9000$...
Here we have XBTUSD ( Bitcoin ) short-term (1H timeframe).
Right now we are seeing volume slowly rising with prices moving above EMA100 (blue line).
The next barrier is sitting at $9841 (MA200) followed by $9980 and $10185 (fib.).
If prices move lower, we are looking first at EMA50 at $9691 as support followed by $9500... We are looking bullish right now.
We have a bearish inside bar for BTCUSD (Bitcoin) with bearish indicators... Prices can continue to drop.
If Bitcoin fails to move back above EMA10 ($9811.3), prices are likely to move lower.
The first support we look for is sitting at $9167 or EMA50. Followed by $8864 or MA200.
Additional levels are marked on the chart.
Conditions for change
We continued to mention as Bitcoin ( XBTUSD ) peaked that the volume was low... This low volume with the bearish signals that were developing was pointing to a drop ... Now, the trading volume is starting to go up...
We have big volume on this drop and the indicators going full bearish .
Prices moved just below MA200/EMA200 on a long-wick, now with EMA300 (gray)...
BTCUSD (Bitcoin) weekly just closed last week on a bearish candle, sending out a reversal signal.
On BitFinex prices peaked at $10,491 after breaking above EMA10 and EMA50. Now that momentum is being lost and a bearish candle has been printed on low volume, these same levels that worked as resistance will now be tested as support.
On the weekly timeframe,...
XBTUSD (Bitcoin) is now looking full bearish with multiple bearish signals in the making... Let's take a look at those:
First we have a break of EMA10 and EMA50 as support. Prices are now trading below this level switching our potential from bullish to bearish.
Bearish cross between EMA10 and EMA50.
Bearish RSI, trending lower.
Monday's can be...
BTC is at 10300$ zone and this is the most sensitive moment. If BTC pass over 10400$ we will have a comfirmation for a big pump in next 3 days to 11,500$
But if it failed with this 10300$ zone, we will see a big dump to 9600$ and move gradually to 9250$ to catch back!
So here is my plan :
- Sell your BTC at around 10300$
- Prepare for 2 cases :
+ Pass over 10400$...
Bitcoin (BTCUSD) is starting to retrace based on the 4H timeframe chart... Let's take a look...
But wait, before we go there, here is our full Bitcoin (XBTUSD) SHORT trade:
Now, for Bitcoin (BTCUSD), prices are now moving below EMA10, which would switch our...
Tron (TRXBTC) continues to build up in anticipation of a very strong bullish move... This move has been in the making for long.
I believe we are about to see Tron print some really good numbers.
The charts are really bullish on the daily timeframe and MA200 has been fully conquered.
This is a bullish/green chart.
Trailing downwards nicely. Nothing but profit as usual. Only way to win is to make moves your 100% content with. MACD diverging, RSI oversold but 61.8 Fibonacci looks to break. Maybe get 100% retracement before a move back up but still I would want a strong close above 61.8 Fibonacci to look at a re-entry.
Looking at Fibonacci levels and sold off my long position all the way up from $8,362.5. Made some crazy profit last few days now set to short as I believe this uptrend is just about a over unless a bounce up occurs that will trigger my S/L. Waiting for the market to cool down again for a re-entry long position if any but for now I think we are heading south. My...
Long position holding nicely.
Looking and waiting patiently for the reversal to place a short on the other half of my position. RISK FREE TRADE. Set my stop loss to trigger at$8750. Where’s your top for this trend?