Long

Bitcoin Goes In Favor of the Bulls (WIN!)

Updated

I am looking at Bitcoin and you know we have an active LONG trade. You can see it here, this is for 100%+ ROE (profits potential):

I am showcasing one of my best supporters indicators which clearly spotted Bitcoin's bottom marked green; "Rise incoming".

Another one I am using is good to spot resistance and support levels. I'll show you below...

I once wrote an educational article on how to find support and resistance levels using several different tools for beginners (you can see this one here: https://www.tradingview.com/chart/BTCUSD/2GIm732N-Bitcoin-3-Ways-To-Spot-Resistance-4-Beginners/)

This one is an additional tool which is an indicator that does the job for you. It adds these little blue dots on the screen that can work to help find where an asset will find resistance or support.

Now, the analysis for Bitcoin (BTCUSD):

- As you can see, Bitcoin started to move up and was finally able to garner some volume and momentum. But it is facing resistance right now which is marked by Martin's indicator.
- I believe that this is just the beginning and that we can make some good profits from a strong move up.
- Bitcoin remained really strong for a while, not going down an inch and now is moving up strong.

We don't need any more signals... Let's enjoy the profits as they come.

Namaste.

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All details on the main chart:

(Hit LIKE to show your support and for more updates).

Namaste.

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Trendline adjusted (indicator successfully spotted BTCUSD support - blue dots):

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Using A Manual Stop Loss For Beginners @alanmasters (Learning)

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Some altcoins are starting to look beautiful... Let's take a look:

VEEBTC:

STEEMbTC:

HMQBTC:

MTLBTC: (scroll down to read the updates):

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NEBLBTC

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If you are following my BitMEX trades, ADAH19 and XBT, these have been closed manually. We will revisit after 6-Feb.

Have a nice Sunday.

Namaste.

Note

FUNBTC is back within buy in range and ready to generate profits:

[FUNBTC][100% PP] FunFair Looking Bullish

ARKBTC analysis:

Ark Long & Mid Term Chart Analysis (Up to 590%+ PP to ATH)

BitTorrent (BTTBTC):

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LTCH19 SHORT:

Litecoin (LTCH19) Can It Be Shorted? 20X Lev on BitMEX

LOOMBTC:

LOOM Network BreaksUp with a Full Green Candle

POABTC:

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This looks like one that can generate great profits (easy 150% potential) in a matter of weeks:

Metal's (MTLBTC) Bullishness Confirmed by Volume (150% PP)

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Bitcoin Imminent Breakout (Secure Profits On Altcoins)

AlanSantana

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