Bitcoin Breaks Another Barrier (Signals) | $7700 - $7990 Next!

Updated

Bitcoin (BTCUSD) is slowly conquering multiple resistance levels at once... Let's take a look at those:

2020 Started with a Bang! for Bitcoin after a low was set at $6853, followed by MA200 (black line) conquered and prices moving up all the way to $7402...
The growth stopped there (light blue square) which is where EMA200 (brown line) is sitting.
After a short period of consolidation Bitcoin continued to move up and managed to close above EMA200, now also breaking the black trendline as well as the $7420 level.
All these are important resistance levels.

These are early... The last 4H candle is active and this signal is only confirmed after the candle closes.

If prices for Bitcoin (BTCUSD) remain above $7420, we can expect some additional growth.

I will share another update on the daily timeframe tomorrow for a longer-term view... Let me know in the comments section below if you prefer hourly (1H), 4H, daily (D), weekly (W), or monthly (M) for additional analysis.

Thanks a lot for your continued support.

Remember to hit LIKE!

Namaste.

Note

Previous analysis | XBTUSD (4H)

Bitcoin (XBTUSD) Descending Channel, Bullish Flag & MA200

BTCUSD (D)

We've Seen This Pattern Before! Bitcoin Can Hit $9,000+ Next

Note

RESTING IS HEALTHY

Everything you do on a daily basis consumes energy... That being working, talking, walking, thinking, and even getting ready for what comes next.

We know how important it is for us to eat healthy clean foods, if we want to be wealthy, smart, and rich.
We know that we have to do exercises to be active and strong.
But resting is the most important of all.

To be able to think straight, we need rest.
To be able to produce the results we want... rest.
Everything we do, we do for the things that we like and appreciate.

The break will help you do more, produce more, and enjoy the fruits of what you did until this day.

So leave your doubts for the things that are hard.
Forget the worries they don't help anyway.

If for the next time you want to continue to be good, do good, be strong, and at the same time grow as much as you can...

Then it is time for you to lay low...

It is time to take a break!

Namaste.

Note

Ripple Running Out Of Time | Last Call For 8X + 338%

Tron (TRXH20) Full Lev Trade Inside With 480%+ Profits Potential

Cardano (ADAH20) Lev. Trade Inside W/ 275%+ Profits Potential

Litecoin Is Getting Ready For Action | Trade Inside (100%+)

Litecoin (LTCH20) Bullish Signals On The 4H Timeframe

Dragonchain | The Easiest Way To Collect 125%+ In Days!

Note

-
Bitcoin Weekly | Strong Signals + $48,000+ Target Long-Term

BTC Weekly- EMA10/50 Bearish Cross- Long-Term Target At $48,0000

Note

Bitcoin trying to break the resistance after testing support:

Note

-
Can Gold Go To $1600 In January 2020 Or Higher? Merry Gold!

AlanSantana

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.