Bitcoin Is Giving Out Bearish Signals | Can Go Lower!
In my last update for Bitcoin (BTCUSD) I mentioned "bearish tendency", because Bitcoin has been moving lower since it hit a peak on the 26-June, we can easily see lower highs being printed...
But since the 28-July, we are also seeing higher lows. This is all a period of consolidation but Bitcoin can still...
If you followed my recent trade ideas for Bitcoin (BTCUSD), you are aware that we were expecting this drop and went SHORT short-term. Multiple signals were pointing to a drop, namely:
BTC moving below EMA10.
Peak hit on the 6-Sept.
Bearish indicators.
Altcoins market time to move up.
You can see all the details by clicking on the image below:...
Bitcoin Bullish Flag | Target & Support | $10.2k or $11.3k?
A bullish flag pattern is clearly visible on the 4H time frame for Bitcoin ( XBTUSD ), let's take a look at the potential target and support for this formation.
Break to the upside
On a move to the upside, we can look at $10,800 as immediate resistance.
On a strong break of this level, we can expect...
Our next target remains at $11,150 - $11,300 based on my previous analysis, which is playing it nice.
Right now we are seeing a strong bounce for Bitcoin (XBTUSD) after hitting EMA10. We can see good volume and momentum building up.
Above EMA10 we aim for our next target at $11k+. If Bitcoin moves lower, we look again for $10,500 (EMA10), followed by $10,100 -...
Here is a quick chart for you guys, my beloved readers... I appreciate your support.
We are doing 8X on Bitcoin (XBTUSD) and we are aiming for $11,300 or higher.
Our last trade idea played out and we hit higher than our first target which was sitting at $10,650, Bitcoin went up all the way to $10,800 on BitMEX...
Looking at the action Bitcoin is having now, I...
Bitcoin (BTCUSD) retraced strong... We caught the last peak, now we are seeing that a new low has been set...
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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) is showing multiple bearish signals on the 4H time frame.
We are looking at a bearish MACD, line, and signal.
The RSI is also on the bearish side but moving around support.
Before Bitcoin can move any lower, it first needs to break EMA100 ($11077), only if this level can be broken, BTCUSD is to move lower and test the $10,600 - $10,400...
The Bitcoin charts are changing and the BTCUSD pair might be looking to retrace... But we have multiple scenarios that can play out, so let's take a look at those and where are the relevant resistance and support levels.
We start with the chart as it is now:
Bullish Bitcoin: Bitcoin (BTCUSD) made a strong bullish move and grew by 35% from the 28th of July until...
Bitcoin Weekly Update (Bullish vs Bearish Potential)
Let's take a look at Bitcoin weekly... Our analysis while looking at the weekly time frame/scale; one week per candlestick...
Feel free to hit like now and let's get started...
Bitcoin Weekly Chart Analysis by Alan Masters
Brown dashed trendline:
1) First, let me...
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