For the past three months MA200 has been working as resistance for Bitcoin Gold (BTGBTC).
We can see multiple rejections at this level.
Today BTGBTC is growing above this resistance which makes it clear that soon we will see more.
We are mapping 70% for the next bullish jump.
I remember someone asking me about LINK.
Here are the numbers for you trade:
ENTRY: $6.9 - $8.1
STOP: Close daily below $6.1
This is not financial advice.
After the big ones come the smaller ones.
ROSE is showing the highest volume ever and very strong bullish action developing now.
This altcoin pair is set to grow really strong.
A rising tide raises all boats.
The profitable part is to spot the reversal before it is fully on.
Once it is taking place, everything reads the same.
That's good, because we can now...
We have the classic rounding bottom pattern.
We have a strong reversal hammer candle 14-July.
Short-term target set at $20.
Still short-term we will see $25.
Then it can take a bit longer but still pretty fast $34....
We can say that $48 as resistance can be strong.
More details on the chart.
There is nothing bearish for cryptocurrency in us seeing the Tether Dominance Index go bearish.
This is bullish for the entire cryptocurrency market.
The close below EMA100 is the main red signal we look at today.
Seeing a red candle below this level, blue line on the chart, is the bearish confirmation.
Today is just continuation.
Do not expect any pullbacks...
If you are hoping for a retrace then DON'T.
Bitcoin is going straight up.
$26,000 is so, so, so easy...
We will see how $28/$29,000 goes.
Expect to see it grow because the bearish wave was so strong, that the same needs to be matched when the 'tables turn'.
Up, up, up, up.
Down we suffer.
Up we enjoy.
The NDX is set to grow together with Gold, the SPX, Crypto and the rest of the pack.
We see this index hitting above 14,555 and likely higher...
We have to wait and see but a bullish wave is already developing.
You can find the targets on the chart.
Gold is aiming higher. Everything is already on the title.
We see it going first to around $1950 and if that resistance can be taken out then the August 2020 All-Time High at $2075 will be challenged.
It will be easy to see it grow 10% or more (11.1%) in the weeks to come.
We are still on track.
A rising window/gap, can be found on the 4h timeframe.
This is a bullish signal.
Also the open today above EMA100 is good with bullish indicators and rising volume.
If the week closes green it is likely that it opens green.
The stock market tends to follow up from one week to the next one.
We look for a bullish close...
Bitcoin closes above EMA50 for the first time like in, forever and this is great news because it reveals what comes next.
We can ignore $26,000 because it is already hits today...
But we can focus on $28/$29,000 which will hit within 1-3 days.
Here is the trade as the title says:
Bitcoin $37,000 Target (80% on 10X = 800% Potential) | 5-July-2022...
We get great support here on the SPX index and saw some people waiting for 4000 as the next target.
I would like to point out that it can go higher.
The next target is set around 4200 to 4360 based on the signals we look for.
We hope you find this information useful and that it assist you in maximizing profits on the next bullish jump.
Thank you for reading my...
We've come a long way since our first ETCUSDT chart on July 16, but we believe this Altcoin pair has more to give.
Here is the previous chart:
Ethereum Classic vs Tether (95% Target Mapped) | 16-July-2022
You can check the "RELATED IDEAS" below for more.
Ethereum has taken off and moves ahead of Bitcoin, giving us a very clear path as to what Bitcoin will do next.
Ethereum hits a new high, we know that Bitcoin will follow.
Ethereum stops and retraces, we know that Bitcoin will too.
So if you want to know what will happen short-term with Bitcoin, look at Ethereum for the proof.
Ethereum hits EMA100, Bitcoin...
We see a nice Breakout on the Bitcoin chart, not really strong but still growth.
When we look at the weekly time frame and inverse relation with USDT.D, we know for sure that patience is key.
If you can/keep waiting.
If you can continue to trust...
Very soon you will realize that the best part is yet to come .
Even though my first reaction was like, "Leave me alone I am trying to work...", I still like to make people happy.
So someone asked for me to read the chart for SHIBUSDT (Shiba Inu), they want to know what I see.
Ok... That's fine my with me.
It will be my pleasure.
I hope you enjoy the content.
Let's get started!
The #1 is the initial phase.
Here we have...
We looked at this pair recently and just today we are having a bullish breakout.
The Altcoins vs Bitcoin pairs normally correct when Bitcoin breaksout but I guess the bear market has been so strong that everything wants to grow...
Not really, Ethereum Classic (ETCBTC) is an exception... Let's read the chart.
We have a break above all EMAs today including...
We will keep it simple as the major cryptocurrencies all have the same chart.
Solana (SOLUSD) will move together with Bitcoin, Ethereum, Cardano and the rest.
Prices are moving above EMA10 with increasing green volume yesterday and today.
The action here is yet to start.
The targets are marked yellow on the chart.
Today we have a volume breakout on MATICUSDT (Polygon).
Today's volume on BitMEX is highest daily volume since mid-May.
As prices move above EMA10 daily with a strong RSI, tells us that the bullish potential is building up.
It is early... But this setup can be traded with low risk and high potential rewards.