We are active with a lev. trade for Ripple (XRPBTC) as we have a strong bounce taking place. Bullish confirmation comes in after prices close strongly above EMA50 (0.00002206). Looking at XRPBTC long-term, we have over 900% of potential profits from the current price to the January 2018 price peak. Keep something in mind though, when this thing takes off it...
Greetings my fellow cryptocurrency traders, how are you feeling this Friday? We have a very strong volume bar 6-Oct. and also an ascending channel for BTCUSD. After the peak on the six, we have some retrace but the price remains above EMA10. This can lead to straight up right away. What do you say? If EMA10 ($53790) fails to hold as support, we are likely to...
Now, let's look at the charts and what it has to say. First, we came back 1st October with a prediction that Bitcoin will become bullish and strong. We later wondered about the future, where will Bitcoin be in 10 years? Will it be $1,000,000, $2,500,000, $50,000 or more? I believe that we will see a 100T (Trillion) market capitalization for Bitcoin soon...
Great weekend my fellow cryptocurrency lover, let me show you another chart today. EasyFi (EZBTC) did some great numbers back in August. A strong correction followed and support was found around the 0.786 Fib. retracement level... Now prices are moving back up. With the 0.786 Fib. retracement level hit and a strong green candle coming in today, we can say that...
Good evening my fellow Cryptocurrency trader we have another one for you today. MBOXBTC (MOBOX) is now switching from bearish to bullish potential. We can say this based on the signals coming off this chart. The RSI has gone above 50 and we are looking at the daily timeframe, making this a strong signal. The MACD is pretty low but starting to trend up with a...
We've been looking at Bitcoin on the short-term timeframes but what about long-term? We are strongly bullish on Bitcoin long-term aiming for $80,000+ or even $100,000+ late this year (2021) or Q1 of the year 2022... This is great news. But, do the charts support these targets? Is Bitcoin ready to move ahead? What about last week strong bearish candle? ...
Tezos (XTZBTC) goes ahead and hits a new high after long-term accumulation and higher lows... This is exactly what we know will happen to the rest of the altcoins vs Bitcoin pairs. Strong bullish action Q1 this year. Correction and accumulation next. More accumulation... Higher high a 100%. The whole market is interlinked... Be patience... Weak...
The price drop on 7-Sept. was a strong one, we saw the Bitcoin bears jump in with full force... But we are wiser than that, we know this market is generous, the drop we consider as an opportunity to Buy & Rebuy - Cryptocurrency Market Update | New Buy Opportunity For Altcoins , Bitcoin is moving back up. We now know that this drop was caused by the liquidation...
q) What is charting? q) What does it mean to read charts? q) Are these tools useful? q) Is it reliable to reach a conclusion based on the data coming from these charts? a) You can reach any conclusions you want by reading or not reading a chart. a) These tools are very useful and they can definitely help you with your trading and also to improve your trading...
Hello my fellow cryptocurrency trader, how are you feeling today? Soon the Bitcoin Law in El Salvador will come into effect and we want to show our support... We are buying $30 USD BTC, all of us. I know many of you would like to know the exact levels at which Bitcoin will meet resistance on the way up (targets). I am sharing these with you today. Our...
This is another pair that is facing resistance at the EMA100 blue line, BELBTC. You can clearly see here how the price action is compressed between EMA50 and EMA100. As soon as EMA100 (0.00004626) gets conquered, we see candles break and close above it, BELBTC will fly up and hit our targets marked with yellow squares. If somehow it breaks lower, less probable...
Let's have a look at a classic... Bullish divergence. Here is the MACD, just notice the higher lows from to present time (late June). Now take a look at POLYBTC: The bullish divergence is a strong signal and very easy to spot. We also need other signals to support this one, for example, we also take into consideration the break above EMA10 and EMA21. The...
Bitcoin Gold (BTGBTC) grew by 1177% on its Jan.-Apr. 2021 bullish wave. All the altcoins grew really strong like we predicted would pass many months and years before. It later entered correction mode and retraced by 69% while remaining really strong. Right now, prices are back above the 0.618 Fib. retracement level of the full bullish wave. BTGBTC is also back...
We love to mention that the entire cryptocurrency market is interlinked, all crypto-assets are connected. Getting back to our bullish bias/scenarios, it is clear that Bitcoin is super strong with many positive developments taking place. The fundamentals are really strong; think global crypto adoption and the technicals as well (BTCUSD is trading above all EMAs...
NEBLBTC (Neblio) starts to move and we have some really nice targets on sight. First, we have around 150% which can be reached easy and fast. A bit longer and we can see 600%+ on this altcoin trading pair. Right now we have a cup pattern where EMA50 and EMA100 were left behind. Currently, we are seeing NEBLBTC moving above EMA200 which is a strong...
Just as we saw with Siacoin vs Tether (SCUSDT), the same is happening with Tezos (XTZUSDT) but here things are looking better. We have the highest green volume on the daily timeframe since May. Prices moved above all EMAs and today, finally, above the MA200 black line. The really high volume and strong RSI support this move... What this means is that additional...
Siacoin (SCUSDT) is showing a good chart that can lead to additional growth. Here we are looking at Siacoin vs Tether. Today prices are moving above MA200 and this candle is about to close above this level... This can turn into a strong bullish signal. With very strong indicators, MACD and RSI, we can say that this one is looking really good. The potential is...
We will look at all the now classic signals that I look at in the cryptocurrency charts, Altcoins vs Bitcoin. This is OCEANBTC (Ocean Protocol) on the daily timeframe. We have a low hit in January, early and a higher low hit in July, late. This is a very strong signal. We normally look at EMA10 and EMA21 to gauge the bullish potential of a pair but here...