AlanSantana
Premium
About me
Cryptocurrency analyst and Bitcoin fan.
Reading/translating the charts for you.
This is how things are looking now... Enjoy the ride. Bitcoin Aims at $48,000+ On Next Bullish Jump!
I will start with the same warning as with Litecoin (LTCUSDT), it is still daily and we need confirmation for this analysis/move... Bitcoin is likely to move above $44,444 followed by $48,111 after a candle close above $41,000 today. This is not financial advice. Do your own research before trading. Namaste.
This is looking likely right now after a dull weekend and good volume coming in today. GREEN DAILY CANDLE CLOSURE NEEDED FOR CONFIRMATION. If we close green today and above $111.1 we are very likely to see Litecoin (LTCUSDT) hit $125 followed by $150... It is still early though so confirmation is needed. Namaste.
Here we have AAVEUSDT on a very tricky spot. It just came out of a descending channel and is trading above EMA21/EMA10 with a strong RSI... But there is no volume... I just shared a chart for TOTAL and BTCUSD with some early bullish signals developing... If the bulls follow up, we can also see AAVEUSDT/AAVEBTC grow. But if there is no follow up, this pair and...
We have some bullish signals showing up on the short-term chart for the TOTAL index. RENKO buy signal: 3-Line-Break early bullish signal after higher low: Candlesticks moving above EMA21 and EMA10. These signals are not present on the higher timeframes. Hopefully we will...
Short-term action is pointing towards a bullish jump... We have higher lows since 11-April. We have a decisive candle here marked purple... Now prices are growing above EMA10 while the sentiment is dull. With bullish indicators and people looking the other way... It is the perfect time for a sudden price jump. Bitcoin can easily just $40,790 followed by...
We just looked at the weekly chart for TSLA (Tesla) which shows major potential for a crash. You can find this analysis in the 'Related Trade Ideas' below... Now, we want to look at the daily chart which gives us a view more focused on the short-term. First, notice the inverted Cup patterns. We have this inverted Cup which signals a top/peak followed by a...
We are seeing a small bounce and people are asking... Will Bitcoin go up now or the bearish bias remains? Look at this chart above. We have a corrective wave developing and some small bullish action is showing up. Yes, Bitcoin can go up... But, it first needs to break above resistance before the bulls are back in control . The yellow square on the chart is...
Bitcoin is correlated with the TradFi markets... At the most important of all time, when everything is crashing really, really hard and strong, Bitcoin will detach completely and go on a major bull run. This will happen way before the TradFi markets find a low. Bitcoin will come out ahead this we know for sure. Namaste.
It looks like Dogecoin can grow vs Bitcoin... It has gone through a very long and painful year long correction. The peak/ATH happened May 2021. There is plenty of room available for growth but if the March 2022 low is taken out there can be more correction before a new bullish wave shows up. I think the bullish wave can happen... In time we will know for sure. Namaste.
We have many strong bearish signals developing on the Tesla (TSLA) weekly chart. We have a peak Nov. 2021. This is followed by lower highs with last week closing with a strong bearish candle. The RSI is trending lower but still strong. We have a falling gap which is bearish... The SPX and NDX also bearish. Bitcoin (BTC) also bearish... The previous...
BTC.D trading below EMA10 holding one final support... If it breaks, we will witness a strong drop. The RSI is very weak as you can see... We have the SPX correlation and you can see my previous bearish BTC trade ideas which supports this chart. We have bullish and bearish waves. Bullish wave March. Bearish wave April. We can expect another bullish wave...
The Renko chart for the S&P 500 Index (SPX) is now showing a sell signal. This charting system is used exclusively to spot a trend. We have the same candle pattern as back in February 2020 before a major correction. This pattern came up again January 2022. We can also draw the classic ABC EW correction here: We are...
This correction wave on Ethereum (ETHUSD) is just getting started... Let's be patient. Let's allow for the market to correct in April and we can focus more on another bounce late this month and some bullish action in May to finally see the capitulation phase take place this summer... Wait, too much speculation, let's focus on the chart. We have ETHUSD moving...
The bearish bias we mentioned yesterday for Bitcoin based on the SPX relation remains active. The Altcoins will remain shaky but still within higher lows until they resume to hit new highs compared to the recent bullish wave. I hope this information can help you with your planning and your trades. Previous articles: Bitcoin Can Go Lower And Hit 36/35K...
PIVXBTC is breaking out of a major downtrend that started back in 2018... A more recent price peak was hit in March 2021... Things are starting to turn. Patience is key. Here is the previous chart where we spotted the bottom by just a few days... Thank you for...
We have a lower low on ACHBTC when we compare February with April. We have a very strong divergence when looking at the MACD and RSI. We have strong higher lows on both indicators. Really have volume today for AHCBTC to wake up... Tells us that the correction is over and the bulls are looking to enter the game. Namaste.
We are seeing many altcoins recover after a just a few short days (2 weeks max) of correction... We have good potential for a new high since we are getting higher lows. You can find more details on the chart. Previous trade idea 27-February Thank you for...
