Bitcoin's Next Short-Term Move Mapped ($9200 / $11300)
Both the Altcoins market & Bitcoin will continue to grow... Please hit LIKE now and read in full to show your support...
We are looking at Bitcoin on the daily timeframe, that's BTCUSD, trying to figure out the next short-term move.
As mentioned in the past, the 2-Aug. candlestick was our first signal for Bitcoin peaking.
On the 2-Sept. we got a strong confirmation and by the 3-Sept., the bears entered the market with force.
Now we have a short-term bearish bias as a continuation of the bearish action we saw recently.
The chart as it looks now, we are aiming lower but there are two scenario that can take place.
1) We see a bounce for BTCUSD where prices hit just above EMA50 ($10850) or around $11300 before more retrace.
2) The bulls take the weekend off and instead of seeing a bounce we see prices going straight low.
Our main support is sitting at $9700, $9250 and $9000+.
Here you have the next important resistance and support levels that will be hit regardless of what Bitcoin does.
Note: If prices manage to move and close above $12,000 the bullish potential for additional growth is back on, but before any real sustained growth can take place, the $12,500 barrier needs to be taken out or else prices peak at a lower high and later crash strong...
After the retrace/correction, we expect Bitcoin to continue to grow.
Altcoins Market
The altcoins market will continue to grow as we've been saying since early 2020 and late 2019.
The thousands and thousands of altcoins pairs available for trading in the crypto markets are likely to continue growing for years to come.
Remember to hold tight/strong/patiently...
If you are getting started, it is easier to make money by holding rather than changing from altcoin to altcoin, from pair to pair.
This is Alan Masters...
Feel free to hit LIKE now!
Namaste.
We are looking at Bitcoin on the daily timeframe, that's BTCUSD, trying to figure out the next short-term move.
As mentioned in the past, the 2-Aug. candlestick was our first signal for Bitcoin peaking.
On the 2-Sept. we got a strong confirmation and by the 3-Sept., the bears entered the market with force.
Now we have a short-term bearish bias as a continuation of the bearish action we saw recently.
The chart as it looks now, we are aiming lower but there are two scenario that can take place.
1) We see a bounce for BTCUSD where prices hit just above EMA50 ($10850) or around $11300 before more retrace.
2) The bulls take the weekend off and instead of seeing a bounce we see prices going straight low.
Our main support is sitting at $9700, $9250 and $9000+.
Here you have the next important resistance and support levels that will be hit regardless of what Bitcoin does.
Note: If prices manage to move and close above $12,000 the bullish potential for additional growth is back on, but before any real sustained growth can take place, the $12,500 barrier needs to be taken out or else prices peak at a lower high and later crash strong...
After the retrace/correction, we expect Bitcoin to continue to grow.
Altcoins Market
The altcoins market will continue to grow as we've been saying since early 2020 and late 2019.
The thousands and thousands of altcoins pairs available for trading in the crypto markets are likely to continue growing for years to come.
Remember to hold tight/strong/patiently...
If you are getting started, it is easier to make money by holding rather than changing from altcoin to altcoin, from pair to pair.
This is Alan Masters...
Feel free to hit LIKE now!
Namaste.
🔝 Altcoins & Bitcoin Charts!
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
🔥 New Lowest Pricing Ever ➖ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
🔥 New Lowest Pricing Ever ➖ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
✳️ Binance Coin Conquers EMA50, Up 184% Target
✳️ Stratis Next High Mapped At 234%
✳️ CyberMiles Higher Low, Bouncing Off MA200 (150% Target)
✳️ 0x (ZRX) Going Higher - Next Higher High Mapped (115% Target)
✳️ Civic Can Do 130% Easily, Next Jump!
✳️ Ontology Ready To Grow, 140% Mapped
✳️ Ardor Trading Above EMA300, Easy 100%+ Mapped
✳️ Ark Uptrend To Resume Now... Easy 70%
----------
🏆 SPCBTC (+360%) | (Perfect hit)
🏆 FXCBTC (+175%)
🏆 BNBBTC (+43%)
🏆 THETABTC (93%)
🏆 NEOBTC (+59%)