✴️ Bitcoin Conquers EMA10, Aims At $9,500/$9,900 Next!
Updated
Here we are looking at BTCUSD (Bitcoin) on the daily timeframe.
Yesterday, 5th-March, we had prices for BTCUSD move and close above EMA10 ($8984), switching the potential towards the bulls.
EMA50 at $9095 is now being challenged and closing daily above this level can send Bitcoin flying towards the $9500/$9900 price range.
EMA300 has also been tested as support, so prices are very likely to bounce here.
We are active with a LONG trade and already collecting profits... We believe that Bitcoin can continue growing here.
Here is the full trade chart:
Conditions for change
If BTCUSD moves and closes below EMA300, $8368, the above signals become invalid and a new analysis is needed, as it would become more likely that prices would go lower.
✴️ Ethereum Hits Support, Going To $260 or $285+?
Thanks a lot for reading.
Namaste.
Yesterday, 5th-March, we had prices for BTCUSD move and close above EMA10 ($8984), switching the potential towards the bulls.
EMA50 at $9095 is now being challenged and closing daily above this level can send Bitcoin flying towards the $9500/$9900 price range.
EMA300 has also been tested as support, so prices are very likely to bounce here.
We are active with a LONG trade and already collecting profits... We believe that Bitcoin can continue growing here.
Here is the full trade chart:
Conditions for change
If BTCUSD moves and closes below EMA300, $8368, the above signals become invalid and a new analysis is needed, as it would become more likely that prices would go lower.
✴️ Ethereum Hits Support, Going To $260 or $285+?
Thanks a lot for reading.
Namaste.
Note
We are still looking good... We share a new update soon.Thanks for the support.
Note
PERLBTC (+130%)
WRXBTC (+101%)
COSBTC (+31%)
DREPBTC (+62%)
tradingview.com/u/alanmasters/
RENBTC (+86%)
](https://s3.tradingview.com/w/wKYAJC9b_mid.png)
🔝 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
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.