We know Bitcoin is hitting new highs and growing strong, we love it.
We hold Bitcoin, we like it, we enjoy it... But, we trade Altcoins most of us... I know this for sure.
Here is one that is sitting near its low; trading near support...
This is a good chart.
Let me repeat here what I mentioned in the Polygon trade idea .
Near support, prices can still move...
Bitcoin hits a new All-Time High right on Full Moon day.
What does it mean?
Are these related?
Let's have a look at Bitcoin related to some astrological events.
Bitcoin Astrology with Alan Santana
First, we have a Full Moon in Aries today and it is widely known that the moon is closely related to human behaviour and emotions. When the moon is full, people...
I will keep it short and sweet.
In April 2013 Bitcoin hit a new All-Time High and quickly went into correction for the next two months. May and June 2013 printing two red candles.
In July, August, and September 2013 Bitcoin consolidated.
(July/August Green, September Red)
In October 2013 Bitcoin broke bullish.
In November 2013 Bitcoin grew to new...
Here is the same chart I shared back on Oct.6 for Bitcoin ... What do you see?
The resistance level I mapped back then has been fully conquered and Bitcoin continues higher and now trading above the 0.618 Fib. extension level.
We have very strong indicators and no signs of this bullish action wanting to stop.
All we can see is sit back, watch and enjoy the...
Polygon (MATICUSDT) had really good volume on the 15th of October.
This is in fact the highest volume on a daily candle since May when strong bullish action was taking place.
Everything looks good here chart-wise.
Notice the black line (MA200), MATICUSDT stays safely above this level.
Its price is also trading above EMA50 and EMA10.
We have both the MACD and...
Ripple (XRPBTC) had a bullish break recently when it managed to stay above MA200 (black line) and cut through EMA50 in late July and early August, but all this momentum has been lost now that prices are trading back below these levels.
The bearish signals are many and the bearish bias is strong.
We have everything trending lower.
The trading volume is low though...
Formally known as MATIC Network, Polygon (MATICBTC) did some really amazing numbers.
We can see that in the first half of this year this pair grew over 12,200%. Wow.
After hitting a new All-Time High in May the correction has been going now for more than 5 months but it seems that there can be more.
The 0.618 Fib. retracement level has been taken out and we see...
Solana (SOLUSDT) has been strongly bullish, always, and with the entire market set to continue growing, we see no reason why this bullish trend should stop.
Even though Solana joined us recently it is now the #7 biggest cryptocurrency project by market capitalization.
This one is good for DeFi and DApp creation.
On the chart above, we see potential for higher...
This is an interesting one...
Here we can see that the TOP altcoins have their own cycles/charts.
This is LTCBTC and this one is completely different from most other ALTBTC pairs.
This week, LTCBTC hit a new All-Time Low, going lower than the low hit back in March 2017.
This low was set at 0.00300000 and recently we hit 0.00293440 on a wick.
Now, this is...
I've been drawing this chart several times now but my "wonderful" Apple laptop decides to reset the page each time and delete everything... Useless Safari/MacOS so I guess we get no drawings.
Here we have Internet Computer (ICPUSDT) turning now bullish and this supported by multiple signals.
We had a low back on the 20th of July after which a bullish move...
The next one is Cardano vs Tether (ADAUSDT), also the top mentioned Altcoin but in the USDT pairs section.
We have 10 ALTSBTC and 10 ALTSUSDT on the list.
This was undisputed #1.
So, let's look at the chart.
In this instance I am going for the weekly/long-term chart because Cardano has its own cycle.
This is something important and that I mention very often,...
We start with Siacoin vs Bitcoin (SCBTC), which is the TOP requested altcoin in our previous trade idea.
The first thing I would like to show you is what I call a bullish chart/trend/cycle.
The low for SCBTC was set late December 2020 at 10 satoshis, that is 0.00000010 BTC.
Any trading above this level, even if it takes years of waves and price swings, we...
I am due to give you a full Altcoins market update and I can start telling you that things are looking pretty good.
Our Alts, Altcoins vs Bitcoin pairs, are ready to boom and will be doing good within just a few days or 1-2 weeks max (sooner rather than later).
The most requests are going to these Altcoins as well so here I will open myself up to your...
Bitcoin starting to recover now after a very small/short retrace and is aiming to challenge the 11-Oct. high.
The Altcoins (ALTSBTC) have been struggling the past few days but we remain within the bullish trend.
We are likely to see most of these altcoins producing strong bullish moves in just a few days/weeks.
I will be sharing a full update soon.
The short-term bears are now moving to the higher timeframes.
Earlier we looked at Bitcoin (BTCUSD) 1H (1 hour per candle) and we saw the early bearish signals showing up.
This chart here is 4H, we have a few more signals telling us that prices are likely to drop...
Give me a minute of your time and let's have a look at this chart.
Feel free to hit LIKE now to...
People ask a lot about this chart, Bitcoin Dominance (BTC.D).
Currently, we have some bearish action developing even though it is early on.
We are used to reading early signals and this is pointing like a correction is about to show up.
Check my latest BTCUSD for more details.
Now, how far down can this one go?
We are looking at a correction but not a bear...
I am still not convinced...
Let me start by saying that I am the biggest bull, perma-bull, moonboy, lambo whatever or whatnot.
I am a strong Bitcoin supporter, fan, holder, promoter and everything 'YES Bitcoin!'
This last jump looks like a bear trap and Bitcoin might be ready to drop... Let's have a look at the signals:
1) Ethereum has been leading Bitcoin for...
Greetings my fellow cryptocurrency trader, we had a great start to this week.
We have a rising channel on the BTGBTC (Bitcoin Gold) chart.
Here we can clearly see a falling wedge breaking bullish within this rising channel.
It is also easy to spot the higher low and prices currently challenging and trading above EMA10.
These are all bullish signals.