One of the most famous signals became the CME GAPs and this one is telling us that Bitcoin (BTCUSD) can move back up... We also have a "V Bottom"... See it here:
On the chart above, we can appreciate the following signals:
BTCUSD broke bullish above the...
We've been warning for many, many months about the upcoming Bitcoin drop.
Our target always has been around $5,500+ before the 2020 Bitcoin Halving, followed by sustained long-term growth.
Just as we expected, Bitcoin (BTCUSD) dropped and is now looking for support.
THE GOOD NEWS
Just as we saw the BTCUSD hitting $5,555, after the halving we will see prices...
The weekly candle for Bitcoin (BTCUSD) closes in less than 1 hour and prices are starting to move below EMA50... This can lead to an additional drop.
If EMA50 ($8242) fails to hold as support, BTCUSD is very likely to move lower and hit $7414 or EMA100. The indicators are bearish and last week's candle is a full bearish one.
Here is the previous analysis | Feb...
Bitcoin (BTCUSD) retraced strong... We caught the last peak, now we are seeing that a new low has been set...
Before we get started we would like to thank all of our readers, supporters, and followers, and Trading View as a company, its staff, and support, for ranking Alan Masters now as the #1 All-Time Top Cryptocurrency trader and analysts... I am deeply...
Bitcoin (BTCUSD) has been aiming lower since reaching a top on the 6th of August. We warned about an imminent retrace and this is now happening... Let's take a look at the chart:
BTCUSD is now trading below EMA10 ($11,300). In my previous article, we mention that any trading above this level is bullish, but below this level, we go bearish. The daily candle is...
Bitcoin (BTCUSD) tried to break above EMA100 on the 4H time frame multiple times before succeeding. I would like to take a closer look at this... Please allow me to entertain you for a few minutes:
First we see over 12 failed attempts to break above EMA100, which is the blue line. But BTCUSD would always produce a higher low at each attempt.
BTCUSD looks to be bottoming @ 200 Weekly MA.
Expect some sideways action range bound between 200 MA (lower limit) and 200 EMA (upper limit).
Note - volatility adjusted moving average shows strong resistance with 200 EMA in $4100-4200 region, expect large breakout above these prices.
Break below 200 MA is certainly on the table still.
This view will change if...
So we've broken the triangle down. There's an option to hold here around the 4k mark but my preference is for a drop to around the 3900 level with the big channel showing support though the H&S target is a a bit lower into the 3800s. This also lines up very nicely with the .618 fibb level from this move up from the 3500s.
Bitcoin is sitting in a couple of down ward channels depending on which way you like to line it up. Currently finishing up a triangle which probably has the largest chance of breaking to the downside.
Depending on when and how fast it breaks down, and assuming it continues to the bottom of the smaller channel it gives a target of around 3150-3180 'ish'. This is...
This is MachineDaena serving up the latest XRP analysis for all you budding crypto enthusiasts out there. XRP may be the 'Bankers' coin but it sure is one of the best investing opportunities out there at the moment, and proved last year to be very much the same.
Taking a dive into the 2-hours charts for March and April thus far, using Bitstamps XRPUSD data, it's...
Here is what I think about BTCUSD. It will go down to touch 5781USD then will bounce back to touch 8400 USD. you can see the strong resistance throwing BTC back to its 3200USD-4996USD range. which I think is a good move.
Date to touch its support at 5781USD will be most probably 04-03-2018
and will bounce back to touch resistance at 8400USD on 15-03-2018
As the BITCOIN plummets from its 20,000 peak we have to ask is this a major retrace or a collapse?
We have no answers only opinions.
The 200 day SMA on the Daily time frame comes in at 7890.
If the BULLS are still interested then they are likely to come in here.
I'll be watching this level and any signs of a bounce I may go long.
With no technical history though...
BTCUSD MEET BEARS
People, it's nearly Christmas.
And people need to buy presents at Christmas.
People can't yet buy presents with Bitcoin.
People need to sell Bitcoin to buy presents.
Thank you for reading my poem.
I'll see you all in 2018 for the Bull Rally on Cryptos.
Expect Crpytocurrencies to be the 2nd largest volume of trade in 2018 behind Foreign...