Yesterday we had a bearish candle close after a failed challenge of EMA50, which now sits at $58,362.
Today, Bitcoin is clearly moving above this level and beginning to grow.
We have the MACD starting to form a strong upward curve:
And the RSI hitting 50;
Goes bullish after a higher low:...
YOYOBTC closed above MA200 yesterday and today has gone green.
We have a long upper wick 28-Nov. which we take as a removal of resistance.
This means that prices can easily grow now after this long wick candle showed up.
Bullish indicators, above EMAs/MA and all the rest.
Patience is key.
Be grateful for the profits when they come.
Accept any mistakes and...
We are now seeing an inverse correlation between Bitcoin on our Altcoins vs Bitcoin trades/pairs.
We had just a few short days of the Altcoins calming down but they are starting to heat up.
As the next Bitcoin drop approaches, the Altcoins are getting ready to grow.
We will see many, many pairs jumping really strong as this week develops.
We will see...
WAVESBTC just breaking out of a falling wedge, a bullish pattern.
I had some doubts earlier but it is looking better now.
WAVESBTC now trading above EMA10/EMA21.
Strong RSI while the MACD is trending up and about to enter the bullish zone.
Multiple bullish signals are telling us that this pair is ready to grow.
The targets are mapped on the chart with...
We are technical analysts and we love the charts.
We love the candles and the amazing tool that this is.
Since you can get everything from the charts, hardly ever we take the fundamentals into account.
Here is one exception though, we love Stacks as a project and we have been trading this pair for long.
STXBTC (Stacks) hits a new high today compared to April...
On 17-November, we predicted that Bitcoin and all the major Altcoins would crash while the smaller Altcoins would grow, specially the Altcoins vs Bitcoin pairs.
Hit LIKE to see below the previous charts:
I Think We Go Up But Before Up We Go Down! Bitcoin $100,000 Soon!...
Today we see a strong rebound for Bitcoin right after the weekly candle close.
A few simple questions come to mind right away, let's have a look at those.
1) Is the correction over?
2) How to know if this rebound is real or false?
Technical analysis can answer those.
Bitcoin had a bearish close on the daily and weekly timeframes, in 2 days we will have the...
We have been on a bullish cycle for a very long time.
Bitcoin has been growing since a low was hit back in March 2020.
The Altcoins vs Bitcoin have been growing since early this year.
As we saw recently, money leaving Bitcoin is now flowing to the Altcoins.
The big Altcoins, TOP10/20, also behave like Bitcoin or have their own cycle and money that is flowing...
I've been receiving some lack of love lately due to the fact that Bitcoin is in correction mode and I am pointing this out... I understand, I AM A Bitcoin Bull!
None of us want to see Bitcoin going down, it is very annoying and our capital definitely drops, doesn't feel nice but I am here reading the charts, for you.
When the charts are bullish I share...
We are looking at Siacoin vs Tether (SCUSDT) this time long-term.
7 days per candle; Weekly.
The bullish bias is becoming stronger.
This week we high a higher high compared to late August.
This week we have the highest volume since April.
SCUSDT price weekly is above EMA10, EMA21 and EMA50.
The MACD is in the bullish zone and curving up.
The RSI is...
The chart for DigiByte (DGBBTC) isn't showing any recent bullish signals but things can change faster than you know.
We have a higher low long-term, compared to January...
Looking at the other Altcoins,
Knowing that DigiByte tends to move together with Siacoin,
It is only a matter of time before this chart changes and prices start to grow.
Still, we are careful...
Siacoin (SCBTC) is taking off and it set to continue growing.
The current bullish action reveals everything that needs to be known.
The chart is bullish.
The bulls are in full control.
Looking at what other Altcoins are doing, this can turn into one big jump.
We just looked at XLMBTC and this one is going bullish.
Now we have XLMUSDT.
XLMUSDT is not as strong as the XLMBTC pair but we have some early signals that look good.
First, its price remain trading above EMA300.
MA200 trending down tend to push prices up.
Last, we have this falling wedge pattern, each time it shows up prices tend to jump.
Quick & simple.
I can tell you that XLMBTC (Stellar) is about to pick up some speed.
Today we have a "volume breakout"; the highest volume daily since May, and the day is not over yet.
High volume while moving above EMA50 is a very strong signal.
The MACD on the bullish zone and a strong RSI support this move.
We can see XLMBTC picking up speed.
The price of this Altcoin pair...
Marlin (PONDBTC) is now moving above EMA100.
This opens the door for additional growth.
First, notice the red dashed line on the chart.
Back in January, when this line was surpassed strong growth followed.
Later this same line worked as support for more than 6 months.
Seeing prices move above EMA10, EMA50 and EMA100 after this support holds, can signal that the...
We looked at QuarkChain (QKCBTC) just a few days ago, see it below:
It is clearly bullish but momentum is just starting to build up.
The March high is set at 99 satoshis and this same level can be hit next.
Now that QKCBTC is trading above all the EMAs, fast grow can...
The Bitcoin discount is now fully live but we are likely to continue lower, based on the chart technicals.
We are having Black Friday and then Cyber Monday Bitcoin Discounts on BTC.
Here let me share with you multiple analysis from earlier this month (the are all bearish):
I Think We Go Up But Before Up We Go Down! Bitcoin $100,000 Soon...
Take a look at this...
This is my first analysis for Ren Protocol (RENBTC), dated Feb. 19, 2019.
Ren (RENBTC) A Hidden Gem?
Ever since those days I became a fan of this pair and we have been successful on multiple trades.
We are now bullish, again.
We have a perfect falling wedge...