We have a positive signal now with Bitcoin (BTCUSD) moving above EMA10 on the 4H timeframe.
EMA10 sits at $50763 (candle closure is needed for this bullish signal to be confirmed).
The 4H candle closes in 2 hours.
With prices moving back above EMA10, this signals that the bulls are jumping back into the game.
Our initial and main support at $55,000 will now...
The charts are now changing... This is the total cryptocurrency market capitalization, Bitcoin + Altcoins.
Today, we have the highest volume, bear volume/red, since February 2021.
Yesterday, TOTAL close below EMA10 and EMA21 with EMA50 being tested today.
We have bearish cross on the MACD and the RSI is dropping...
The whole cryptocurrency market...
ENTRY: 0.00001400 - 0.00001600
STOP: Close daily (D) candle below 0.00001300.
This is not financial advice.
Make sure to build your own plan/strategy before trading.
Patience is key.
We looked at Dogecoin (DOGEUSD) on the daily timeframe; many bearish signals starting to develop.
Today, we are going to be looking at the 4h timeframe where we can gain additional information as to what is going on with this market/pair.
First, we notice how DOGEUSD went to test EMA200 as support after breaking below EMA100 back in April.
This same scenario...
OSTBTC is now facing resistance in the form of EMA300, this is the grey line on the chart now sitting at 74 satoshi.
This is a strong resistance level that rejected OST back in early April.
If this level is conquered, we can see this pair fly up.
We are looking at 100%+ potential profits.
Conditions for change
If prices drop, the main support is found at...
Bitcoin continues to consolidate near its All-Time High.
The daily candles are trading above EMA10, EMA21, and EMA50 as well as all other EMAs. (bullish)
The MACD is above zero (bullish zone).
The RSI is above 50 (bullish zone).
We have average volume (neutral).
The Altcoins continue growing (bullish for Bitcoin).
The more the altcoins grow the better it is...
Ethereum is not backing out just yet and we continue aiming higher.
There isn't much to update here other than the fact that all the signals remain bullish.
Bullish candles, bullish indicators, strong volume, etc.
Everything points higher.
Our next target level is set at around $4900 above $4100, followed by $$5700+.
What About Bitcoin?
We have another altcoin pair breaking bullish on Binance after strong consolidation.
REEFBTC held strong after the initial breakout in early 2021, feb./jan., and has now resumed growing after a higher low.
We have the trading volume starting to come in plus bullish indicators, MACD and RSI.
This will continue.
You can find the targets marked on the chart with...
As usual, we have YFII and YFI moving together.
Here we are looking at the YFIBTC pair for Yearn.Finance.
Just yesterday prices managed to break and close above EMA200.
The day before, we say YFIBTC conquer MA200 which is the black line on the chart.
This is a strong bullish signal.
The MACD is on the bullish zone and the RSI super strong, very similar to...
YFIIBTC (DFI.Money) has broken above the resistance in the form of a trend line and EMA10/50 and is now ready to move higher.
We have a volume breakout,
Prices moving above EMA10/50,
And a bullish MACD.
All these signals are pointing to higher prices.
You can find the next targets marked on the chart with a green line.
Looks like Dogecoin (DOGEUSD) has gone up for a while now printing massive growth...
We have multiple bearish signals starting to develop on this chart.
Today, we can see DOGEUSD moving below EMA10.
EMA21 has already been tested as support... The next time it is hit it is likely to break.
We have bearish divergence with the RSI, same on the weekly...
We are looking at the 2H timeframe for Bitcoin (BTCUSD). This is a short-term analysis, things can change fast.
We are looking at the mirror move from the drop in mid-April.
Just as prices go down, they can also go back up.
We are looking at the possibility of Bitcoin going back above $60,000 or more.
Maybe a new All-Time High...
"Bitcoin is very likely to...
We saw Bitcoin go above and beyond...
Ethereum did the same and continues to grow...
But what about Litecoin?
Litecoin hit a new All-Time High just a few days ago on average volume... A positive signal at this point.
We have resistance just ahead but, how far up can it go?
We are likely to see much more growth, if Litecoin is to follow the King and Queen of...
Here we have the next target mapped for Cindicator (CNDBTC).
Support stands at EMA200 or 58 satoshis, followed by MA200 or 49 satoshi.
On the bullish side, we are looking at 78 satoshi followed by 95+...
Revain (REVBTC) has now gone through 3+ months of accumulation...
After the accumulation phase comes the breakout.
This one has huge potential for profits long-term, based on the ATH.
Look at this chart, 183,000%
These are just numbers of course...
Our trading is very simple, we buy and we hold.
We have another very good close for Ethereum (ETHUSD) on the weekly timeframe.
Last week closed above $3,600, this can lead to even higher prices.
Now, $3,900 might sound like a lot but only if you are comparing to earlier prices... Remember when Bitcoin was $3,000?
Bitcoin is now worth over $58,000 for one single coin... Ethereum can go through something...
Many people continue looking at Bitcoin... What will it do?
Will it finally breakup?
Will it loss support and go down?
Based on past history each time Bitcoin peaked the reaction was very fast, clear and strong... Today, the market changed... We can see Bitcoin consolidating near the top, meaning, sideways action.
When Bitcoin goes sideways the altcoins...
Ethereum (ETHUSD) continues with its very strong bullish bias and price discovery action... How much higher can it go?
Everything continues to point higher.
More and more adoption news, events taking place.
More companies integrating cryptocurrencies into their platforms.
Something many believed was impossible just a few months ago.
We held through the entire...