Finally we get to look at some bullish signals for Bitcoin... Hit LIKE and start reading...
We will first look at the daily and then short-term on the 4H and 1H timeframes... Let's get started. ----
Bitcoin (BTCUSD) recently moved above EMA10 and EMA50, which lead me to quickly adapt and share an article mentioning this as a bullish signal and new potential for growth... (shared in the related articles)
I received a lot of flack for this but the charts are always changing and if you trade or read charts, this is something that you should know. As the chart changes, we also change with the charts.
Now, we have prices growing and we see prices trading above all EMAs.
We also have a volume breakout... The trading volume is still relatively low but higher than in the past few days. The above-average volume is always a good and strong indicator.
The MACD is moving above the zero line and starting to look strong. The RSI is sitting at 59.7 and support this move as a real one.
Thanks a lot for reading... We go for the short-term chart next.
Make sure to leave a comment.
Namaste.
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Take a look at these altcoins... I just shared these now... Let me know what you think in the comments section, they are looking strong and growing together with Bitcoin (BTCUSD).
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Metal (MTL) Long-Term Targets (645% Potential)
DigiByte Now Definitely Bullish
Expanse Aims At EMA300 With Easy 100%+ Potential
POA Network Is Ready To Grow!
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If you buy ALTSBTC and they both grow, your profits also grow exponentially and are multiplied.
Thanks a lot for your continued support.
Remember that the market moves in cycles... It goes down for long... But then it also goes up for long.
It prints quick up and quick down... Sometimes it goes sideways while consolidation takes place... But just as we had a bearish market, a bull market can be great.
Namaste.
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I also have Contentos (COSBTC) and Tierion (TNTBTC) for you. See it below.
Regarding the altcoins market and the massive bullish growth we are seeing...
"I shared with you since January that the bullish growth we were seeing was only the beginning and that we would see so much more... This is still true today... You've been warned."
Mate any experienced trader knows that you have to adjust the charts as the changes happen. These people complaining are the type of people who expect everything handed to them on a silver platter
Well done not paying mind to dogmatic and emotional folks. Can not ignore what is in front of us. Cheers and will follow wherever this takes. And looks like week volume will at least pick up a bit if we continue a bit more excitement.
AlanSantana
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@PabloAB, Thanks for sharing... Looking forward to higher prices, would be really nice for a change.