Short

Bitcoin Starts To Retrace, Aims at $8210 Before $9999

Updated

Bitcoin is showing signs of a retrace:

Moving below EMA10.
Bearish divergence on the MACD and RSI.
MACD Bearish cross.

Conditions for change: If Bitcoin (BTCUSD) moves up and closes above the last peak $8947, the above signals are invalidated.

Thanks a lot for reading.

Namaste.

Note

(Here we are looking at Bitcoin short term, yet below you can find some indicators as for a different/longer view).

BTC fractal May-June 2018 and the situation is now.
In favor of the fall:

1) The growth of the market without corrections is observed since February.
2) 4 green candles in a row on the monthly chart.
3) Two unclosed gaps on SME
4) Futures expiration on May 31st.
5) RSI shows a bearish divergence.

Thanks, SpartaBTC for sharing.

Note

So far going down yet still looking strong.

Bitcoin (BTCUSD) is holding really good. Remember that this is a short term analysis, we are super bullish longterm.

We continue aiming for EMA10 on the daily time frame, or EMA50 on the 4H chart:

D:

4H:

Note

[B]Altcoins doing their magic...

Pundi X (NPXSBTC) +40%

[NPXSBTC](127%) Pundi X Prepares For Breakout @alanmasters

Nucleus Vision (NCASHBTC) +11.11%

[NCASHBTC](100%) Nucleus Vision Trade Setup @alanmasters

Komodo (KMDBTC) +15%

Komodo Hits Demand Zone: Double Bottom + Bullish Divergence

BitTorrent (BTTUSDT) +210%

BitTorrent Weekly (Extreme Bullishness, Over 110% Profits Potent

Bitcoin SV (BSVBTC) +33%

Bitcoin SV 131% Explosion (The Bullish Altcoins Market Is Back!)

AdEx (ADXBTC)(76% Trade)

[ADXBTC](76%) AdEx Trade Signal @alanmasters

Everex [EVXBTC](236% Trade)

[EVXBTC](236%) Everex Back Within Buy Range, More Profits Next!

openANX [OAXBTC](156% Trade)

[OAXBTC](156%) openANX Back At Buy-in, Trade Inside @alanmasters

Note

We also have charts for Bitcoin Cash and Cardano, take a look below:

Bitcoin Cash ABC (BCHABCBTC)

Bitcoin Cash ABC (BCHABCBTC / BCHBTC) Looking Quite Bullish (50%

Bitcoin Cash (BCHM19) on BitMEX (+18% ROE)

Bitcoin Cash (BCHM19) Trade Setup (60%+ ROE on 7X)

Cardano (ADABTC)

Cardano (ADAM19) on BitMEX (+47% ROE)

[ADAM19][7X][LONG][262% ROE] Cardano on BitMEX Mid-Risk

Note

We are also showing profits for the following altcoins pairs, XRPBTC, TRXBTC, XRPM19, and TRXM19...

TRON (TRXBTC) Trade

[TRXBTC](124%) Tron Bullish Wave Starts Now! @alanmasters

TRON (TRXM19) on BitMEX (+114.9% ROE collected)

TRON (TRXM19) Breaks Above Resistance (150%+ More ROE Possible)

Ripple (XRPBTC) Long Term

Ripple vs BTC, Possible Scenarios (370% Profits to Jan '18 Peak)

Ripple (XRPM19) on BitMEX (+96.3% ROE collected)

Ripple (XRPM19) Getting Ready To Move (173% ROE on 8X)

Note

The S&P 500 Index Goes Lower Today?!

Note

Skycoin (SKYBTC) Bullish Chart Setup

Skycoin Bullish Chart Setup (Projected Path & Target)

Note

Bitcoin Shows Strength, No Weakness... What Comes Next?

Bitcoin Shows Strength, No Strong Retrace, Next Up!

Note

Latest update:

Bitcoin Goes Higher? Bullish Potential Remains, $11000 or $7400?

AlanSantana

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lamatrades.com (Since 2017)

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

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