JuanAugusto

JuanAugusto Updated 

My previous forecast is confirming: Stock markets are on the verge of an immense crash, so capitals will look for other high-profitable and fast-tradable assets... Cryptocurrencies will probably attract a huge amount of money, thereby pushing prices to unbelievable numbers. Fear of missing out will cause a new bubble and the last players going into the market...

JuanAugusto

Fear, uncertainty and doubt are still present in cryptocurrency trading. People is not fully confident of the timing for the next long-term rally and prices reflect so. In my opinion, a final drop to the surroundings of $7000-7500 is still necessary to sweep out hesitations and start, determined and confidently, the next long-term bull market in the history of...

JuanAugusto Updated 

Last weeks miners have been accumulating bitcoins and only some of them were sold when prices recently reach 9700$. Two days ago miners started to accumulate bitcoins again. When will they sell some of them? As soon as they see higher prices. As a consequence, there is strong sell pressure waiting for short-time higher prices and this process will soften and even...

JuanAugusto Updated 

Decisive moment in the mid term. As I say in the title, if 9600-9700 is rejected back, then the only alternative is to go down. Strongly.

JuanAugusto

USD no longer seems a trustworthy value reference and thus we must use Gold and Bitcoin, whose supply is not controlled by central banks. Taking a look at this chart we can understand the BTC bottom in March, but we can also see that the current uptrend was broken last week. Thus, I expect a correction in BTC price down to well-known long-term...

JuanAugusto

Most cryptos have already triggered a MACD Sell signal on the daily (BSV, BTG, BCH, XRP, IOTA), while others (BTC, LTC, ...) are close to do it. Be careful. Further, BTC might complete a great H&S on the daily since March and, if broken, we could see low prices around 3500-5000 USD.

JuanAugusto

The signals indicating a new relative decline accumulate. Now another H&S pattern has been confirmed and MACD triggered a Sel signal in the 4h chart. Lower prices may be expected. Daily MACD is still close to trigger a Sell signal, but that will occur only if various supports are broken.

JuanAugusto

A significant divergence has appeared between price and volume, which usually indicates a bearish bias. Pay attention to MACD and its potential sell signal.

JuanAugusto

New low prices are expected prior to an upsurge after the halving. Bitcoin traders are eager to take advantage of the low levels seen in the beginning of March, of which many could not make the most.

JuanAugusto

Trend analysis indicates that a major downward movement is expected in BSV price, probably accompanied by a general plunge of main cryptocurrencies. BSV seems to be in a weaker position, since, unlike others, it has already crossed down the month-long trend line. Pay attention to daily MACD, as it is poised to trigger a Sell signal in almost all cryptocoins....

JuanAugusto Updated 

Bulls and bears are fighting a week-long battle. The triangle broke down and could possibly signal a greater bearish movement on the horizon. Be careful and pay attention to a possible break down of the daily MACD in the coming days.

JuanAugusto Updated 

ETH is bearish in the short term against USD and BTC. So indicates MACD and overbought levels in RSI. A flash selloff may happen down to 230 USD.

JuanAugusto Updated 

Parabolic SAR is one of the best indicators according to statistical studies. Parabolic SAR is signaling a bullish impulse on the daily after a strong double bottom on 6800. At the same time, Parabolic SAR on the weekly chart will signal a strong and long upward trend as soon as prices cross 8000-8300 during the next weeks (see related links).

JuanAugusto Updated 

Looking at the trend lines and the Parabolic SAR we can expect a great burst by the end of January, which would initiate the long bullish market typically triggered by incoming "halvings". Current Parabolic SAR values are so close to the prices, so they will signal a new bullish market during the next weeks, as soon as they are surpassed by the prices. Maybe it is...

JuanAugusto

According to fractal, RSI and Stochastic indicators, Bitcoin has probably reached the bottom. An instantaneous plunge to lower prices is possible, but so it is a powerful burst up to 7k, so a risky investor might lose the rocket when trying to skim the last dollars. I expect a recovery of BTC during the following months, reaching 10k around September. Besides...

JuanAugusto

A strong floor has been confirmed. Cycles and the imminent crossing up of MA 200-50 indicate an incoming rally.

JuanAugusto

According to very long-term Fibonacci time zones, BTC will experience an inflection point by the beginning of November , thus finishing its current long-term rally. The last top in this rally would occur just before that change in the major trend and would probably locate between $5000 and $8000. Daily RSI and MACD show enough room for this final shot. The...

JuanAugusto Updated 

BItcoin has developed a triangle that is about to finish. An attempt to break upward the upper line occurred just before the hard fork, but the uncertainty kept people in a expectant stance, ready to take positions. Now, the battle has ended and the war is close to its end. This final triangle may break upward as a consequence of the new trust and support in...