BTCUSD forming a giant Dinosaur pattern, looking for food higherPlease Support this Idea with LIKE if it is Useful....
BTCUSD
Creative analysis for fun..
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
Alanmasters
Dogecoin (DOGE) More Bullish Now! This Is It!The Dogecoin (DOGEBTC) chart looks just like it looked a month ago but stronger after a retest of the 15 satoshis low.
It looks like this is it and from here on prices can start to grow.
The consolidation/accumulation phase can be tricky as sometimes it can take just days before the bullish breakout takes place but can also take months or weeks...
After double testing the lower support, with increasing volume, strong bullish action for Bitcoin and other altcoins... THIS IS IT !
Wait for a strong jump next... Followed by more.
Here I mapped an easy 160% target but the potential is much higher.
Namaste.
Previous chart from Nov 22
Siacoin (SC) Moving Above EMA50, First Time Since Aug.We can now see Siacoin (SCBTC) challenging and trying to stay above EMA50, which is the bold magenta line on the chart standing at 14 satoshis (0.00000014).
This is a very important level and staying above it can signal that the wait is over.
Many Siacoin fans, investors, and traders have been waiting for the moment this one takes off...
I can tell you that it is getting closer and EMA50 is one of those barriers that need to be cleared.
After this level is taken out, we can expect a new uptrend to form.
This uptrend can last for years... Think about that one for a minute.
Yes, it can take very long for the trend to change, from bearish to bullish, but once it does...
Just as we hit new All-Time Lows when prices are heading now, we will also hit new All-Time Highs when prices are moving up.
Multiple years of growth and then the final bull run...
Patience is key... We will have our turn.
Namaste.
Huge Potential For Ark Network, If It Can Break EMA50!Ark has lots of potential... This is an old-timer, in some ways.
We have a new low hit recently, marked here with a yellow "cup".
After the initial bullish breakout, prices retraced to test EMA10/21 to see if it holds.
Now that we see it holding, ARKBTC is resuming its growth.
What will happen next is that EMA50 will be challenged like it happened just a few days.
This level will continue to be challenged until it breaks.
Once broken, you will see prices moving higher, fast... That's what we are looking for.
If EMA50 can't be broken, we get a stronger retrace below EMA10/21, maybe even hit the last low... Followed by another attempt at EMA50 which is most certainly likely to work.
In conclusion... ARKBTC is trying to move up.
If it follows the many other bullish altcoins, it will only take a few days, max a few weeks, before the resistance is conquered and we see some GREEN on this chart.
Namaste.
STPT Is Preparing For A Jump... BIG!When you see these titles, please keep in mind that this isn't scripture nor something that must happen, it is just an "idea" that I am sharing here with you.
STPT is preparing for a big jump... But it can also NOT happen...
Prices are safely trading above EMA50, which means that the bears have lost full control... Or, that the bulls are now on top.
With this little detail we now have in place, we can look at MA200 as the next target if things do go our way.
Chart reading and trading are definitely not the same... They are different.
With chart reading, you share the possible scenarios that can happen when you hit "play"...
With trading, you take calculated risks, with numbers, based on what is happening and what happens next.
Ones just tell you what you are looking at...
The other prompts you to take action if a certain scenario takes place.
Want me to go into more details ??? 😁
Maybe next time.
Namaste.
Nexus Goes Straight Up... Great! Enjoy the profits!I've been sharing a lot of trade ideas for Nexus (NXSBTC) because I felt strongly that its price was about to go up (keep growing)... And that's exactly what we got.
You can see them here: www.tradingview.com
On this current chart, we have the next target marked with a magenta dashed line.
Resistance is likely to be faced at this level. But if no resistance is faced, we can see prices move straight up right away.
So, I marked the next target for you just in case.
This is not financial advice.
Namaste.
Binance Coin Looking Better & Better vs BitcoinBinance Coin (BNBBTC) is normally used as 'safe-haven' for when Bitcoin prices move lower.
Right we can see BNBBTC moving above EMA50 coming out of a low... Which opens the door for massive growth.
We have to wait for the daily candle closure for confirmation because prices can drop and close below this level (0.0013275). But a close above is super bullish.
The targets are marked on the chart.
The RSI is strong and the MACD as well.
We are active on this pair for a while now with a trade so we have been expecting higher prices...
Namaste.
VIDT Consolidating With A Bullish BiasVIDTBTC is now in consolidation mode with a bullish bias.
The bullish bias is based on recent higher lows and a bullish RSI.
Also, its price recently closed above EMA10/21.
The consolidation phase can continue for days or weeks before prices move higher.
Above the consolidation box, we go GREEN.
Below it, we go RED... Pretty simple. 😊
Namaste.
Matic Network (MATIC) Breaks Downtrend (111%+)Many people are asking for Matic Network (MATICBTC) so here it is...
We have a strong downtrend that started in August 2020 that is no more... It has been broken after the early January 2021 low.
We have some clear bullish signals on this chart, a bullish cross of EMA10 and EMA50, increasing volume, and bullish indicators (RSI and MACD).
MATICBTC won't stay behind.
This one is also turning from RED to GREEN!
Enjoy... This wave will last for a nice while.
General trading tips from Alan Masters
Make sure to always secure profits on the way up, when prices start to fall it happens suddenly and it is already too late to sell when the drop is in.
What we do, we set our sell orders BEFORE-HAND and just let them fill as prices move up.
When one trade is completed, we are deeply grateful, accept any and all profits, or any loss, and then move on to the next one.
If prices continue to increase we do not worry, we are grateful for what we received and continue trading to win some more.
Diversify.
Build a plan.
Do your own research.
HIT LIKE NOW!...
Thanks a lot for your support.
Namaste.
Horizen (ZEN) Hits New High + Next Target MappedGood things happening for the Altcoins/Cryptocurrency markets... Today, Horizen (ZENBTC) hit a new high compared to Nov. 2020 after a higher low.
This is great news because it signals that many of the other altcoins will also move higher and hit new highs, which opens the door for even more growth.
This is the same chart I drew on Jan. 10 but updated:
The "next target" is marked on the chart.
You can find additional targets if you move the chart higher.
Sit back, relax and just enjoy.
Namaste.
Decred (DCR) This Is It, This Might Be The Good One! (20%/70%)DCRBTC (Decred) has been staying above EMA300 for several days now and bullish momentum is building up... This is it, this might be the good one.
There have been multiple attempts at higher prices with little success but now that EMA300 is a thing of the past, a level that has been challenged since early December finally breaks, we can see a strong impulse move takes place.
We can easily see 20%+ from the current price...
And 70%+ in just a few days.
The targets are marked on the chart.
Wishing you great profits, health, wealth, & success.
This is Alan Masters.
Namaste.
The Case For Bitcoin Going Higher, Even If It Drops First...We know that there is a balance between Bitcoin and the Altcoins.
When Bitcoin is growing, the altcoins retrace/correct/consolidate or simply bleed.
When the Altcoins are growing, Bitcoin tends to be going sideways while being strong.
How does this picture reverse?
How does the Altcoin affect Bitcoin when the total market capitalization is 900 Billion+.
The Case For Bitcoin Going Higher!
We have thousands and thousands of altcoin pairs moving higher, with the charts showing plenty of room left available for additional growth.
But we know that the bear period can last for months while the growth happens fast and strong.
We can see the Altcoins grow MASSIVE for a few weeks... And when they stop, for a natural correction that is...
We can see the momentum shift, from Altcoins to Bitcoin, and the Bitcoin prices continue to increase.
What do you think about this?
Thanks a lot for reading.
Please leave a comment sharing your ideas, questions, and what you believe.
Namaste.
Icon (ICX) | A Closer Look (Long-Term Targets Inside)We looked at ICXBTC (Icon), long-term/weekly below but we will have a closer look today.
This one here is the daily chart and it is easy to appreciate how the trend is changing from bearish to bullish.
As the falling wedge was completed, prices started to move up and break resistance after resistance in the form of EMAs.
Right now, prices are trading above EMA100 (blue line) and pushing higher every day.
Here is the previous chart from January 9, with long-term targets:
You can expect more for this pair and other altcoins...
They will be now entering a new phase, the uptrend phase, where we will see higher highs and higher lows... Growth for years to come.
Namaste.
Ethereum At $9000/$10,000? ... Wait! Read It First!Let's look at the monthly chart for ETHUSD (Ethereum).
Before we even start, let me make it clear and point out that we are looking at the monthly timeframe, so we need to wait for this candle to close for confirmation of anything that you will read below.
A candle close above $1450 this month puts this analysis on PLAY (ON!).
This month ETHUSD presents the highest volume since its inception on BitStamp; a bullish signal.
The RSI is off the chart, mega-strong and the MACD is looking pretty good but with room available for additional growth... Everything looks good so far.
Now, Bitcoin went 10X+ from its 2020 low... Something like a ~$3500 low to later hit a $42,000 high... Yeah I know, Bitcoin at $5,000 is impossible (these were the skeptics back in early 2017... 😁 We WIN!... Let's continue).
Ethereum (ETHUSD) is barely trading above its All-Time High (ATH).
Ethereum is the #1 Altcoin, something like the Second (2nd) Bitcoin.
If you calculate 10X+ on Ethereum from its March 2020 low we are talking about Ethereum hitting $9,000 to $10,000 or more... I know this is a lot but we are just looking at some numbers for ETHUSD compared to BTCUSD.
I know based on past history that the smaller altcoins (all altcoins minus the TOP10/20) will do 30X-50X their ATL on the next bull run... Thinking that ETH is the #1 Altcoin, we can even consider 15X or even 20X since Bitcoin already did 10X and Bitcoin is the KING... The Big Boss!
I know... Just some food for thoughts...
Thanks a lot for your support.
Namaste.
Ethereum (ETHUSD) Solid Chart (Follow Up Update) vs BitcoinETHUSD (Ethereum) continues trading within an ascending channel and now the chart is looking better now than two days ago when I shared my last update.
Prices are strong while above EMA10, EMA21, EMA50, EMA100, and all major EMAs.
The MACD is clearly on the bullish side.
The RSI is now sitting at 58.95.
When we look at the daily timeframe, we can see that Ethereum is trading above EMA10.
These signals are telling me that ETHUSD can move up next.
Conditions for change/notes
If prices break down and close below "support", this chart setup is invalidated.
Please leave a comment with your views...
What's your take?
Will Bitcoin and Ethereum detach?
Or will Ethereum move ahead and Bitcoin follows with bullish growth?
Thanks a lot for your continued support.
Namaste.
IDEX vs BTC Fib. Levels (78% + 155%)IDEX is now trading near All-Time Lows on the BTC pair (IDEXBTC).
Coming out of the lows, there is plenty of room left available for growth.
This is a quick chart mapping the Fib. levels (targets) for this altcoin pair.
We have first the 0.618 level at 0.00000197 followed by 0.786 at 0.00000229.
The main and first target is set at 0.00000270 or 1 Fib... We can even go higher when we look at 1.618 or 0.00000388 BTC.
This is not financial advice.
Namaste.
Venus (XVS) Project Overview + Chart AnalysisVenus (XVS) Overview
What Is Venus (XVS)?
Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).
The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract.
VAI tokens are synthetic BEP-20 token assets that are pegged to the value of one U.S. dollar (USD), whereas XVS tokens are also BEP-20-based, but are instead used for governance of the Venus protocol, and can be used to vote on adjustments—including adding new collateral types, changing parameters and organizing product improvements.
The governance of the protocol is entirely controlled by XVS community members, since the Venus founders, team members and other advisors do have any XVS token allocations.
Source: Coinmarketcap.com
Website: venus.io
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We got into XVSBTC (Venus), lovely name, earlier today and wanted to share the chart with you...
It looks pretty nice, it is almost very clear that a rebound is taking place.
The indicators are good and this seems like a very solid project.
Wishing you the best for sure.
Namaste.
Bears Fooled! New All-Time High! Bitcoin To Continue Higher SoonThere is no strength on the retrace...
We have very low volume...
No follow up by the bears...
Prices are still trading safely above $30,000 and also above the $27,734 low hit in early January.
Ethereum is moving forward and we know these two have been linked for years.
Unless Bitcoin starts dropping now, it is very likely to resume moving up.
The longer it stays above $30,000, the higher the chances that the bulls stay in control.
Where do you think prices are headed?
Thanks a lot for your support.
Namaste.
Tron (TRX) Never Ending Bear Cycle (3+ Years) (1760%+ Potential)Tron (TRXBTC) has been in a bear market for the past 3 years... Amazing, in a bad way.
But, is it over?
Recently TRXBTC hit 72 satoshis as a new low, this is the same level that was hit as a high when this pair was introduced to Binance back in October 2017.
This is not the best of signals... But this might be it.
The RSI is ultra-low which at this point can be called "oversold"...
While prices have been dropping for years we have strong bullish divergence building up.
This bullish divergence is also present with the MACD.
When TRXBTC revives and changes course, you can expect a bull market that will last multiple years...
The market moves cycles up and down...
It's been down...
Soon, we will prices moving up.
Thanks a lot for your support.
Namaste.
AirSwap (AST) Can Grow Over 480%, Gaining Momentum!AirSwap (ASTBTC) had a major run back in 2020 in the tune of 1700%+
Peaked in August, a strong correction took place, landed in a higher low and now the trend is starting to turn.
Going from red to green, bullish momentum is now building up.
Here we have ASTBTC, prices moving above EMA50... We have good potential for massive growth...
Soon, we will have another bullish run.
Namaste.
Uniswap (UNI) | Everything Bullish & GrowingAll the altcoins charts that I am looking at now are bullish and growing, all of them.
Here is another one, UNIBTC (Uniswap), it continues to do good since it hit the November low.
Now we are having an impulse move but there can be more... Additional details on the chart.
Previous analysis: UNIBTC Nov 13, 2020
Thanks for reading.
Namaste.
AdEx Network (ADX) | Consolidation Then Jump!Hello my fellow cryptocurrency trader, how are you feeling this Saturn-day?
We have a very simple chart here, ADXBTC (AdEx).
We are doing some of a fractal...
First, we have the consolidation box in purple.
Second, we have a strong bullish breakout.
The same pattern is repeating now.
After prices move above EMA50 for ADXBTC, strong bullish action tends to follow.
This is also true for other altcoin trading pairs (ALTSBTC) and many other assets across the different markets.
Get ready because this beauty here is also getting ready to grow.
Namaste.