Bitcoin To The Moon Pt.5 + 100% Accuracy (Moon Landing Staged!)

Bitcoin is moving exactly as expected, or at least exactly as we (me and you) expected it to move.

First, we identified the bottom in late June. We became bulls when everybody was turning bear, and now, we continue our climb up.

We spotted bullish signal after bullish signal, telling us that Bitcoin would go up. Today is Saturday and the "next push" has already come.

What will happen next?
What's the next move that Bitcoin has in store for us?

Let's take a closer look at the charts now that the daily candle has closed. This candle will give us additional information on the next movement that Bitcoin has for us, so without waiting any further, let's ask the Bitcoin charts, where it wants to go!

Let's start with 4 hours per candle time frame:

- We are now trading safely above the EMA200 line on the 4 hours chart. This line has worked as a strong resistance and hasn't been touched since May 15th. Breaking above it, it is another milestone that has been reached.
- On this same time frame, the RSI is very strong; on the bullish side, reaching 68+.
- A young bullish crossover can be spotted on the MACD. The STOCH is bullish as well.
- EMA50 (magenta) crossing up EMA100 (blue), a strong signal but it needs to curve up further to mean something for us... Let's continue.

8 hours per candle:

- Looking at the 8h time frame, this is where I got my last signal for the push up that happened just now. Several more signals there points to additional up movement.
- I would like to point out specially the MACD crossover, RSI and the EMA100 line that we just closed above. This strong resistance might now be turned into support.

Let's move to the daily time frame, 24 hours per candle:

- My main indicators are all trending up, all showing growing momentum and still plenty of room left available for growth.
- The EMA10 (light blue) held up as a strong support every single time, now is trending up to support us on another ride.

To end this post, let's look at the weekly chart:

- The weekly chart also looks good, a strong close tomorrow, Sunday, puts $7,200 as the next target to be reached. With the slow grow we are having, this will take several days to be achieved.

The altcoins market will be affected in a positive way thanks to this (Bitcoin breaking several resistance points at the end of the week).
This is all that I have for now for you to read.

Thank you, thank you, thank you, for reading another post from me.

Like, share, follow & comment... PLEASE!

Alan Masters here... Love yourself as you want others to love you... That is what I always tell myself before I go to sleep!

Namaste.
P.S. Make sure to come back tomorrow again!

Comment:

My previous analysis:

Bitcoin To The Moon Pt. 4 (Another Push Up Is Coming!)

Bitcoin To The Moon! Falling Wedge Reversal Pattern...

Comment:

By the way, support levels are clearly stated by the EMA/SMA lines on the main chart above. You can see them to the right hand side color Blue, Light Blue, Green, etc.

Comment:

Weekly chart with log scale on and off...

Off:

- Looks like we are due for some bullish action according to these charts...

On:

Long term on:

Comment:

Here is a shot from the 12H time frame, classic bullish signal:

- Plus bullish divergence on the MACD and bullish RSI.

Looking at the 4H time frame, you can see the EMA200 line which was working as resistance now turning into support:

Comment:

Remember, slow steady growth for Bitcoin. This is what we have been getting from the charts, this is what we have been seeing, this is exactly what we need and want.

Slow and steady is good because it adds long term strength to the price.

We are also seeing the Altcoins market doing great, more steady and slow growth for Bitcoin means that the alts can grow even more.

With all the shedding we had in the past few months this is good for us, since we trade moistly altcoins for their huge potential growth.

Namaste.

Comment:

Bitcoin 4H & 8H with Ichimoku Cloud. We are now above the Cloud on the 8H time frame as well:

- The Cloud is now providing additional support.

The Cloud on the daily time frame; strong resistance to break if we want Bitcoin to continue up (slow and steady...):

Comment:

Here is where we will face resistance next ($6,964 - $7,030):

Comment:

The Bollinger Bands are supporting up on the weekly candle. Trading week candle closes in 3 hours 2 mins.

Here is the chart:

Comment:

It looks like this time the next push up will happen faster, a small one followed by a bigger one. I don't have a time prediction yet, but I will share it as long as the signals for me are clear.

Comment:

Don't worry small drops in price, unless we close weekly below $6,705, we continue with our bullish view.

If we drop and close below $6,600 on the daily then we will have to revisit the signals again. Anything else, just normal price action that won't affect our analysis above.

I will keep you updated.

Comment:

Ok. So the daily/weekly candles closed. We are doing good, let's take a quick look at the charts and take a break for the day.

Weekly chart after close:

- You see that we are between many different support and resistance levels, a "tough" spot for Bitcoin but we are in an uptrend short term. So we are good.

On the daily we are looking good, we need some sideways action now:

I'll just let it ride and check back on Tuesday/Wednesday and see how things are going. I believe next end week or middle of the week after next we can be looking at something really good depending on how the charts develop.

I will be keeping you updated anyways. I am gone for now.

Thanks a lot for reading...

Namaste.

Comment:

Bitcoin's price continues holding nicely, we continue our slow and steady growth.

- For those worried of a drop to $6500, please know that it would be something healthy and help the next push be stronger if it happens.

Comment:

If you like trading altcoins, please take a look at my profile, I just posted updates for Ripple (XRP), Monaco (MCO), Waltonchain (WTC), Bitcoin Diamond (BCD), Unikoin Gold (UKG), Bitcoin Cash (BCC/BCH) and many other trades.

Your support is highly appreciated...

Namaste.

Comment:

The price has been holding incredibly well, we remain above EMA200 in the 4h time frame and above EMA100 on the 8h time frame.

We also have some nice candles on the 4h chart:

Thanks for the amazing support. You put me back at #1.

Namaste.

Comment:

We are still within "schedule", this drop is healthy if we want to continue moving up.

It would be bad to close below EMA10 and EMA20 on the chart below:

Comment:

Here is the daily chart:

- We have to wait for this candle to close before we can update our analysis.

- Below the level we are trading now, we have strong support at the $6,050 - $6,150 price range.

We will give it time and see how the day closes before concluding how this drop will affect Bitcoins future price.

Namaste.

Comment:

We already hit oversold on the 4h time frame.

The price level that we are now ($6,300+) needs to hold or we are going bearish again...

Here is the chart:

Comment:

The $6,300 level held. Below that we have support around $6,100+.

From here, we can move sideways and go back up, or we will go down to test the next support.

Let's wait and see how this develops, the weekly candle is now in play and we need to close strong in order for us not to turn bearish.

Here is the chart:

Comment:

We have another drop and we stop our next support. If this one doesn't hold we will test our 'bottom' once more.

Comment:

Bitcoin is doing really good now.

We had our "healthy retrace" and we continue with our bullish view. I will be posting a full update soon.

We broke our $7,200 target, as the charts signals told us would happen and we are now consolidating before the next push.

The bottom was hit on late June, the 24th to be exact and we have been moving up, slowly and steady, since then... That's almost an entire month going up.

Thanks a lot for your great support.

We can expect additional growth coming in the days and weeks ahead for Bitcoin. This will be a nice ride.

I'll be with you shortly when I post a new update.

Thanks a lot for the all the likes, comments, charts (in the comment section), follow and the incredible support I keep on receiving each and every time I post a new trade.

I LOVE YOU ALWAYS!!!

I REALLY DO... LOVE YOU...

YOU/ME: I LOVE MYSELF ALWAYS!!!

Namaste.