We have seen a little pullback in the chart of Bitcoin on Coinbase, It has started to test the 9 EMA in yellow and the 18 EMA in blue... On the hourly chart, it should cross soon that is going to give us the 1st golden cross since Friday... But the BB is quite tight, so that is telling me there is a bigger move that will come soon, lets all hope it's to the upside...
Going to the 4h chart, and looking at the MACD it's going to have a golden cross soon, with the hourly chart going to have a golden cross... I can see it soon re-testing the yellow line in the $10100 zone and I hope it brakes it and go up from there...
Out on the daily, the MACD is still looking like it wants to head down even more, but that's ok with the hodlers and like me the miners... It's just a better place to get that BTC... With the 9 EMA in yellow and the 18 EMA in blue... It doesn't look so good, it may go and give us a death cross...
I have seen a video from "Benjamin Cowen "He gives a different view on the crypto markets"" on youtube, that golden crossing may give a big red day... But the market should continue going up like it was before the crossing... Have we seen that big red day?
On this chart, the blue line is the VWAP-Anch it did start on 01.01.2020 at 00:00:01 AM UTC... So far this year has been good to us, but I can see it re-test it again this year... Because we are so far above it, I can see it coming back down to it and maybe have a day or two under it just like it did in early January...
In this chart, I am using the blue VWAP-Anch like last time, but the white line is the VWAP-Anch from all-time high on Coinbase and the yellow line is from about the bottom of the market from the top of it... I'm loving this chart so far this year, look at the price and the 2020 VWAP-Anch it's over the other two... I can't say how high this market will go, but I can see Bitcoin making some big moves soon... I'm looking to the upside...
Going out on the monthly chart and using the Ichimoku cloud the price of Bitcoin is trying to get above the clouds... Will it get there and will it stay?
But I think this pullback is a good thing, it would be nice to see a mooning Bitcoin price...
But the aftermath would not be so good, look back since the top two years ago, I don't want to see a falling price in Bitcoin for the next 2-3 years and don't forget all the people saying Bitcoin is dead... We want time for people to see the charts and get acquainted with the technology and what it can do for all of us...
Going to the 4h chart, and looking at the MACD it's going to have a golden cross soon, with the hourly chart going to have a golden cross... I can see it soon re-testing the yellow line in the $10100 zone and I hope it brakes it and go up from there...
Out on the daily, the MACD is still looking like it wants to head down even more, but that's ok with the hodlers and like me the miners... It's just a better place to get that BTC... With the 9 EMA in yellow and the 18 EMA in blue... It doesn't look so good, it may go and give us a death cross...
I have seen a video from "Benjamin Cowen "He gives a different view on the crypto markets"" on youtube, that golden crossing may give a big red day... But the market should continue going up like it was before the crossing... Have we seen that big red day?
On this chart, the blue line is the VWAP-Anch it did start on 01.01.2020 at 00:00:01 AM UTC... So far this year has been good to us, but I can see it re-test it again this year... Because we are so far above it, I can see it coming back down to it and maybe have a day or two under it just like it did in early January...
In this chart, I am using the blue VWAP-Anch like last time, but the white line is the VWAP-Anch from all-time high on Coinbase and the yellow line is from about the bottom of the market from the top of it... I'm loving this chart so far this year, look at the price and the 2020 VWAP-Anch it's over the other two... I can't say how high this market will go, but I can see Bitcoin making some big moves soon... I'm looking to the upside...
Going out on the monthly chart and using the Ichimoku cloud the price of Bitcoin is trying to get above the clouds... Will it get there and will it stay?
But I think this pullback is a good thing, it would be nice to see a mooning Bitcoin price...
But the aftermath would not be so good, look back since the top two years ago, I don't want to see a falling price in Bitcoin for the next 2-3 years and don't forget all the people saying Bitcoin is dead... We want time for people to see the charts and get acquainted with the technology and what it can do for all of us...
