Bitcoin's rise to the top has been stopped by heavy resistance... Let's take a look at the chart together and see what will happen next and the different potential scenarios... Feel free to hit like to show some support. Bitcoin Daily (1D) Chart Analysis by Alan Masters Good Saturday, let's start by calling our attention to the "Purple trendline", notice...
Bitcoin's rise to the top has been stopped by heavy resistance... Let's take a look at the chart together and see what will happen next and the different potential scenarios... Feel free to hit like to show some support. Bitcoin Daily (1D) Chart Analysis by Alan Masters Good Saturday, let's start by calling our attention to the "Purple trendline", notice...
As I've been posting about over the last day or so, altcoins have broken down out of their uptrend channel. This was a bearish development in the chart, at least in the short term. It would have been a sell signal, as we did drop substantially since the trendline was breached. In doing so, altcoins have not followed the path I was speculating about when I compared...
Hello Traders, Kafi time se aap sabhi wait kar rahe hai Altcoins ka price kab increase hoga? Ye Btc dominance ka chart hai aap dekh sakte hai Parallel channel aapko dikhayi dega uptrend ka kafi time se continue uptrend me hai and iski wajah se Btc dominance increase ho raha hai, Altcoins dominance decrease and altcoins ka price day by day down ja raha tha abhi...
Since my last Bitcoin analysis, we broke out of the flag to the upside. However, volume has dropped off quickly since the initial move. This has me a bit concerned about forecasting a continuation just yet. Additionally, we're experiencing a bearish divergence on the daily RSI (price makes a higher high, while the RSI makes a lower high). This happened actually...
Current Analysis This chart is to show first of all the path to our current price at $8950. From here, to have a healthy run up, I feel we need a pullback to at least #4 of the current Elliot wave I've drawn. That price is about $8370. Then BTC can begin a new leg up to the area of $9785. Trade Planning So I plan to enter a trade in the area of $8400 and...
BINANCE:BTCUSDT No financial advice!! Based on my idea of buying altcoins on a possible correction to the HKEX:27 ,000 - HKEX:28 ,000 range, there are a few key things to keep in mind. First, there are no guarantees in the market, and prices can move in unexpected ways. However, if we see a correction to that level, it could present a good opportunity to buy...
I sold all of my Altcoins and bought Monero... I made one of those silly mistakes where you quit your position but quickly fixed it and jumped back in... A quick reminder how your personal/emotional life can directly affect your trading. Anyway, this one is looking good and looks like a safe-haven, for us to get through the Bitcoin drop. I will be looking at...
IOTA / USDT (Binance) - A comprehensive look at the trend of altcoins in USDT pairs IOTA is a token that was among the first in my portfolio in 2018. Overall, this is probably one of my first purchases ever, so I always have a bit of nostalgia in this chart. It is not fundamentally bad at all, but at the same time it has not yet delivered a revolution on the...
#Bitcoin Dominance Chart: As per Dominance Chart currently Dominance is trading at 41.70% and Now trading at Support/Retest Level after Bull Brakout. So we can expect Upward move from here so If Dominance Pump then ALtcoins Dump Hard. So be prepare with your all positions and keep an eye on Dominance Chart. and Dont Panic and check time to time My every...
Beautiful weekend my beloved cryptocurrency trader, that is what I seeing these days... We have the classic Cup & Handle pattern in the Bitcoin chart (BTCUSD 4H) which is considered bullish and comes up after a correction/near support. With this pattern in place and many Altcoins preparing to go up... We can expect Bitcoin to also jump if we stay above MA200...
The "local resistance" we spotted for Bitcoin yesterday on the 1H timeframe remains valid. We have a bearish bias short-term as long as this resistance remains in place. If Bitcoin goes sideways/consolidates... As long as Bitcoin goes sideways the Altcoins can have some time to recover. When Bitcoin drops there is always an initial reaction from the Altcoins...
Bitcoin is looking better and better, patience is key. We are looking at the 4H timeframe and we have a beautiful falling wedge pattern. We can see the current candle moving above the upper trendline of this pattern. (Confirmation only comes after candle closure one hour from now). There is potential to move higher. You can visit yesterday's trade ideas below...
Ethereum (ETHUSD) peaked 16-April reaching a new All-Time High, what followed was a sudden but fast correction that took prices all the way down to EMA50 on a wick... Let's see what happens next. Ethereum Bullish Chart Signals @alanmasters Yesterday we saw ETHUSD bounce off the EMA21 line to close daily above EMA10 ($2294), this is a bullish signal. The...
Ethereum (ETHUSD) peaked 16-April reaching a new All-Time High, what followed was a sudden but fast correction that took prices all the way down to EMA50 on a wick... Let's see what happens next. Ethereum Bullish Chart Signals @alanmasters Yesterday we saw ETHUSD bounce off the EMA21 line to close daily above EMA10 ($2294), this is a bullish signal. The...
Dear traders I believe it is better to take profit or exit on altcoins because BTC.D is reaching critical levels (52_50) which have been strong support zones for it. it is highly probable that we see a strong movement to upside from (50_52) zone to (59_62) zone which definitely will result in altcoins pullback season. there is also a minimal chance of break below...
In 22 Dec 2017, Bitcoin dropped to nearly its 50 days moving average just like it did today. The price hold above 50 days moving average for 22 days (between 22 December 2017 to 14 January 2018). In that period of time, Ethereum and all other altcoins exploded. We are probably seeing the same scenario today. I expect that we will see massive moves in altcoins...
There are now many, many, many altcoins that are looking extremely good... Next week is going to be an amazing week for the altcoins market. This one will be great as well. Here we have VETBTC now moving above EMA100 easily and while moving higher this is just a preparation phase before the really massive/strong bullish action. You will see so many altcoins...