Bitcoin, Not So Fast Trolls... $16,500 Target Still In-Play!Patience is key... Our $16500 target is still in-play for Bitcoin (BTCUSD).
Bitcoin broke bearish yesterday and we saw its price decrease by over $1200 after my previous trade idea...
We are now seeing a small bounce with the chart still looking bearish.
Notice that prices are still trading below EMA10, EMA21, EMA50, and EMA100.
The MACD is now below zero (0) and the RSI below 50, both bearish signals.
We have a bearish cross between multiple EMAs and when we look at the daily timeframe, prices are still trading below EMA10.
Patience is the key is what I always say...
As long as prices remain below EMA50, we expect to see even lower prices next.
Previous chart | Bitcoin To ~$16,500 Now Confirmed!
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Thanks a lot for your support.
Namaste.
Alanmasters
YOYOW (YOYO) Will Also Grow Strong!You can thank me later after you see the results...
It can take a few days/weeks just as it can take a little over a month, but when it starts to move it will grow by 100% or more.
Being conservative, the last bullish wave produced growth in the range of 250% to 500%... With some altcoins going even higher.
This time around the general growth overall will be much more and instead of new lows when prices correct we will see the alts print higher lows.
If you are reading this now you have great timing...
The altcoins market is about to grow really strong.
Namaste.
Harmony (ONE) Double Bottom, Bullish Divergence...We have a potential double bottom for Harmony (ONEBTC).
On the 7th December, a low was hit which is the same as back on the 18th November.
We can see a falling wedge and prices moving above EMA10.
It is also easy to notice lower lows on ONEBTC but let's look at the indicators RSI and MACD:
Really strong higher lows which we call bullish divergence.
We have good potential here to see a reversal and ONEBTC starts to go up.
That's it for today.
Namaste.
Ripio Credit Network (RCN) Long-Term After 950% WaveThis is the long-term chart for RCNBTC (Ripio Credit Network).
The last bullish wave went on for 950%, quite huge if you ask me... (This is illustrated on the chart)
A new bullish wave will start to take place now that a higher low is forming.
This new wave can go for 500% or much, much more.
This is a very strong altcoin pair because it remains on higher lows rather than printing new lows.
Many altcoins went lower and hit new lows in 2020 but not Ripio Credit Network.
We are very likely to be looking at bottom prices... This can move within just a few weeks and grow for many months.
I hope you enjoy the chart.
Namaste.
Verge (XVG) Future Path! (210%)Verge (XVGBTC) took the first step, which is to break out of the downtrend and this happened in late November.
Compared to other altcoins, this one managed to hit all the way up to MA200 and even higher.
A normal/classic correction is taking place but there will be additional growth as soon as it is over.
Since prices moved so strong in just 5 days by 145%+, we can expect even stronger action when the next move comes.
We can see 210% or more...
Namaste.
Moeda Loyalty Points (MDA) Correction Is Over? Looks Like It!MDABTC (Moeda Loyalty Points) printed a strong bullish wave in late October and later entered a correction phase.
This correction ended up with a falling wedge pattern and prices bouncing just below the 0.786 Fib. retracement support.
We can see MDABTC now back above the 0.786 Fib. retracement support level.
Together with the falling wedge, a MACD bullish cross, and many altcoins starting to turn... This can signal that the correction is over.
Additional details on the chart.
Feel free to hit LIKE now if you would like to show your support.
Namaste.
pNetwork Project Overview + Chart Analysis (Bullish Wave Next!)The pNetwork is a decentralized network of validators contributing to the verification of crypto asset switches across blockchains.
pTokens aims to be a decentralized open-source system facilitating cross-chain movement of assets.
As the cryptocurrencies industry continues to evolve, the development of alternative financial platforms is on the rise. A critical component for these to succeed is assets’ liquidity, which in the decentralized scene is currently spread across multiple independent blockchain protocols.
The pTokens system bridges a variety of blockchains, powering the free movement of crypto liquidity. These bridges are operated by a network of validators, whose role is to verify the cross-chain asset switch and to
guarantee the 1:1 peg with the underlying asset.
pTokens removes the need for a trusted intermediary by creating a crypto-economic incentive through a governance token.
The incentives mechanism is at the foundation of the pTokens system - the pNetwork Token (PNT) is leveraged to drive governance decisions, encourage community participation and adoption. While fueling validators’ activities, the PNT token is a key element of the staking method at the basis of the network.
Website: p.network
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It took over 115 days for PNTBTC to show signals of a change of trend... That is almost 4 months before prices stopped dropping after hitting a peak.
We can now expect the same but in reverse... A long period of bullish action can take place.
The bearish wave was extended a bit longer than expected when it comes to the smaller altcoins but this is normally the case... It doesn't really matter how long it takes, you get a bullish wave after a bearish wave.
The trick is to know when to buy when to sell...
The market moves in waves.
Namaste.
Dusk Network (DUSK) Will Print Massive Growth (303%+)The bullish bias for the DUSKBTC (Dusk Network) chart is still strong.
We can see low prices but with bullish indicators as prices consolidate before they start to grow.
The signals are very simple:
1) We can see some bullish action after the low on 20-Nov.
2) Consolidation for a few weeks...
3) Yesterday we had above-average volume and prices moving above EMA10.
Anytime now we can see a strong move develop which will hit the first target at 0.00000508 and then aim higher.
The main support is set at 0.00000198.
Any trading above this level and we stay strongly bullish on DUSKBTC.
This is not financial advice.
Namaste.
Injective Protocol (INJ) After Strong Bullish ActionLet me start by saying that we don't ever, ever trade this type of chart... We only look at charts for trading that are very low risk and BEFORE the bullish action starts.
Here we have INJBTC (Injective Protocol) after really strong bullish action.
Right now resistance is being faced at the 1.618 Fib. Extension level marked with a red dashed-line.
Above this level, we can see additional up (green arrow).
Below this level, we can see a retrace before prices continue to grow.
This project looks really good.
Additional details on the chart (support and resistance levels mapped with Fibs.).
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Namaste.
Time to short Tesla(TSLA)_started correction from channel's top.Please Support this Idea with LIKE if it is Useful....
TSLA
The price after a strong bullish move, started a correction from the upper trendline of the ascending channel , I expect price will make a correction towards 500 area.
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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
NZDUSD_wait for breakout & retest of channel to sell for +170 p.Please Support this Idea with LIKE if it is Useful....
NZDUSD
The price has been moving in an ascending channel and now price is showing rejection , If price manages to break below the channel then after a retest of the channel, I expect price to fall towards the support.
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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
Nuls Is Preparing For Another Round (Up to 450%)We traded NULSBTC short-term, right before the 11-Nov. price jump.
This move took out multiple targets for us...
Great, thanks... Now, here comes another round of growth.
This is a solid setup, here you can have very low risk with high potential rewards.
The stop-loss can be set at only 10-15%, while the target can be at 100%, 250%, and up to 450%.
Now, that's what I call a great setup.
This is not financial advice.
Wishing you great profits and success.
Namaste.
EURUSD started correction from channel, 140 pips fall expected Please Support this Idea with LIKE if it is Useful....
EURUSD
The price has been moving in an ascending channel and now price is showing rejection from the upper trendline of the asc. channel , I expect price will make a correction towards 1.20000 level(support structure)..
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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
USDCAD_ Buy on the 3rd touch of trendline for 200 pipsPlease Support this Idea with LIKE if it is Useful....
USDCAD
Previously the descending trendline has been acting as a strong support for the price, I expect the price to bounce on the 3rd touch of the trendline for 200 pips
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GOLD (XAUUSD)_Important Breakout & Key Levels..Please Support this Idea with LIKE if it is Useful....
GOLD(XAUUSD)
GOLD_XAUUSD broke above a strong Resistance structure yesterday with a high momentum Bullish candle.
the key Resistance levels to pay attentions were as follows:
Resistance 1 - $_1,898
Resistance 2 - $_1,931
Resistance 3 - $_1,966
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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
Metal Inverse Head & Shoulders Pattern (Easy 70% Move)Metal (MTLBTC) is now active in what people called the iH&S pattern.
The inverse head & shoulders do not need to be exact for me to be used as a signal.
As soon as you see the dips where the second one is the lowest point of the three, you have a reversal signal. I've seen this pattern many times before.
This is normally a bullish pattern.
Looking at other chart signals, we can also see a volume breakout and MTLBTC price moving above EMA10.
The green arrows show the potential bullish scenario.
The red dashed line at the bottom is the support/stop-loss.
Namaste.
GBPUSD_ high time to Sell cable for a big bearish move, 370 pipsPlease Support this Idea with LIKE if it is Useful....
GBPUSD
The price is approaching strong resistance structure and is moving in a rising wedge shaped structure, I expect the price to move lower for 370 pips.
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AUDUSD_ back below resistance, sell the structure break for 190pPlease Support this Idea with LIKE if it is Useful....
AUDUSD
the price is back below support/resistance structure and price has been moving in a rising wedge shaped structure, If price manages to break below the wedge structure, I expect the price to move lower for 190 pips.
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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.
USDCHF_wait for break & close above level to buy for 60 pipsPlease Support this Idea with LIKE if it is Useful....
USDCHF
The price is attempting to break above support/resistance level, If price manages to break and hold above support I expect the price to grow towards the resistance around 0.89800 level.
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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
EURUSD rejected from asc. channel. +200 pips fall expectedPlease Support this Idea with LIKE if it is Useful....
EURUSD
The price has been moving in an ascending channel and now price is showing rejection from the upper trendline of the asc. channel , I expect price will make a correction towards 1.20000 level(support structure)..
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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
DOCK 68% To 99% Target MappedDOCKBTC hit a low back on 5-Nov.
It peaked soon after on the 10th and prices started to correct.
The correction ended 30-Nov. with a higher low.
Today we are seeing increasing volume, on a weekend, with strong indicators...
This can signal that DOCKBTC is ready to resume its growth.
We are likely to see between 68 and 99% on the next bullish jump.
Remember, the chart stays bullish as long as we get higher lows.
Only if the last low is taken out we consider that the bears are taking control...
Any trading above the last low and we are simply looking at consolidation before the next move up.
Namaste.
Viacoin (VIA) Bullish Engulfing PatternHere we have a very strong bullish candlestick pattern; bullish engulfing.
Today's candle engulfs fully yesterday's candle.
The open/low is lower than yesterday's close.
The close/peak today is higher than yesterday's peak.
Having today's candle close above 0.00001246 gives us the bullish engulfing pattern.
Needless today, we are very likely to meet this criterion as things are going.
Additional bullish signals on the VIABTC chart
The trading volume is really high compared to previous days.
The RSI is at 60+ and trading at its highest level since August 2020. Trading above all resistance.
The MACD is clearly trending higher but still below zero (plenty of room left available for growth).
Finally, many altcoins have been consolidating and are getting ready for massive growth.
Viacoin (VIABTC) is just another one of those so be patient... It will take weeks and months to see the bullish action in full force.
Namaste.
EURUSD shows rejection from asc. channel, correction to 1.20000 Please Support this Idea with LIKE if it is Useful....
EURUSD
The price has been moving in an ascending channel and now price is showing rejection from the upper trendline of the asc. channel , I expect price will make a correction towards 1.20000 level(support structure)..
Push LIKE & SUPPORT the Idea...
*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