Bitcoin Love ❤️ Aims At $17,250 Followed by $31,285Bitcoin continues aiming higher on the weekly timeframe... Let's start by looking at the trading volume today.
We always look for volume as a confirmation signal for any bullish/bearish move that is taking place.
We've been seeing low volume for Bitcoin yet we didn't take it as a bearish signal. I mentioned that low volume when we have such strong bullish action can signal that the best is yet to come.
Rather than a fake move, the calm before the storm.
Things are changing as right now we are seeing the trading volume starting to increase.
Bitcoin Weekly Chart Signals
Safely trading above all EMAs, we only have bullish signals coming from this chart.
Let's point those out:
1) Increasing volume
2) 5 consecutive green weeks/candles.
3) Trading above EMA10.
4) Multiple long-term barriers have been broken.
5) Higher highs coming in.
6) Financial insanity going on in the form of massive fiat printing which is bullish for Bitcoin.
7) The cryptocurrency market continues to grow & evolve.
8) The RSI continues super strong.
If you look at the right-hand side of the chart, you can find the next targets.
We are looking at $17,250 followed by $20,528 and finally $31,285 (potentially).
We can see that Bitcoin grew by 300%+ (3X) since the March 2020 low...
The altcoins market turn is coming but they won't grow 3X, no, no, no... We will see 5X, 7X, 10X, 20X, and even more.
What's your take on this current market?
Where do you think Bitcoin is headed?
Where do you think the Altcoins will go?
Share with us in the comments section below.
Today... Love yourself again and say to your mirror...
I LOVE YOU MORE!
Namaste.
Alanmasters
UTRUST (UTK) Bounce, Will It Continue Growing?We can see that UTRUST (UTKBTC) has now been added to Binance and this question comes to mind...
Is this just a small bounce or will the uptrend be resumed here?
Let's have a closer look!
UTKBTC peaked in late-Aug. with a wick higher again in October, but a retrace was taking place.
We are seeing prices bounce now that EMA300 (grey line) and MA200 (black line) support level has been hit.
These two moving average lines also coincide with the middle range in-between 0.618 and 0.786 Fib. retracement support.
Both the EMA300/MA200 and 0.618/0.786 Fib. retracement support are very strong levels.
Giving us the first signal that the retrace might be coming to an end here.
If we look at the weekly timeframe, support is being found at EMA50, which is another important level for cryptocurrency and altcoins, a level where reversals tend to happen.
Now, we also have a volume breakout, strong RSI, and a bullish MACD cross.
Another strong signal favoring the bulls is the hidden bullish divergence with the MACD.
There can be a little more consolidation but according to the chart signals, UTKBTC can soon resume its growth.
Namaste.
district0x Does 730% (7X) In 5 Days... Read This Carefully!Let's go back to district0x (DNTBTC) and the massive growth we are seeing on this pair.
It is easy to say that "the altcoins will grow 3x, 5x, 7x, 10x or even more...", another thing is to see it happen live just a few days after.
The entire cryptocurrency/altcoins market is deeply connected/linked . What one pair does, the rest tends to follow.
We have DNTBTC printing this massive growth but also CVCBTC and many others in the positive two digits (30%, 50%, 70%, etc.), signaling that there will be more.
The bottom/new lows and All-Time Low for many altsbtc (Altcoins vs Bitcoin) pairs was just 2-3 days ago back on the 5/6-Nov.
Once we hit bottom, the only place left to go is up/
In a nutshell:
Today is a Sunday/weekend.
This is only getting started.
There will be so much more.
Get ready.
Be extremely patient and enjoy the profits as they come.
Namaste.
YFII vs TetherUS Bullish Divergence + Next Target (1750%)We looked at YFIBTC, YFIUSDT, YFIIBTC, and finally, we have the daily chart for the YFIIUSDT altcoin trading pair.
I've mapped multiple targets based on Fib. proportions all the way to $26216 or 1750% potential profits from the current price.
Let's read the YFIIUSDT chart:
1) We have the highest volume ever for this altcoin pair on Binance.
2) The main signal is the bullish divergence we can spot with the MACD and RSI. This is a strong divergence.
RSI
MACD
Notice higher lows on the indicators while we are having lower lows on YFIIBTC.
This is all pointing higher.
Additional details on the chart.
Check the "RELATED IDEAS" below for the other charts.
Leave a comment with any altcoin pair you would like for me to look at... Your support is truly appreciated.
Namaste.
YFI vs TetherUS Mapped All The Way To $103,047 (625% Target)The YFIUSDT (YFIUSD) and YFIBTC charts are basically the same... Both pairs are moving together.
We have a clear reversal signal in the form of a Doji that showed up below the 0.786 Fib. retracement support.
Prices are now moving above EMA10 and EMA21 with the highest volume ever...
We also have a strong RSI and bullish MACD.
All the details are on the chart including the fib. based targets/resistance levels for 600%+.
Make sure to hit LIKE now if you want more highly profitable altcoins charts... Thanks a lot for your support.
Namaste.
Alpha Finance Lab (ALPHA) Project Overview + 99.99% Target &... About Alpha Finance Lab
Alpha Finance Lab describes itself as a cross-chain DeFi platform that will interoperate and bring alpha to users across different blockchains such as Binance Smart Chain (BSC) and Ethereum. Alpha Lending, the first product built by Alpha Finance Lab, is a decentralized lending protocol with algorithmically-adjusted interest rates. ALPHA is the native utility token of the platform. Token holders can earn a share of network fees by staking ALPHA tokens to cover any default loans. The ALPHA tokens can also be used for liquidity mining and governance voting.
Alpha Finance Lab will implement governance on two levels via a Decentralized Autonomous Organization (DAO): product-level governance and Alpha Finance-level governance. Product-level governance will allow ALPHA token holders to vote on key parameters of specific Alpha products. Alpha Finance-level governance will allow ALPHA token holders to vote on how the portfolio of Alpha products interoperate.
Source: Coinmarketcap.com
Website: alphafinance.io
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This is a new Binance Add! and it is looking pretty good... This chart is still young though so anything can happen, be careful.
Here we have prices already closing above EMA10 yesterday and today moving above EMA21.
We have two bullish candles and a broken falling wedge giving us a clear bullish bias.
We can expect additional growth based on these signals and the strong bullish action now starting to take place across the altcoins market.
We are not surprised...
We will see many, many altcoins grow for days, weeks, and even months.
Buy & hold...
Wait patiently...
And then enjoy the profits as they come.
Namaste.
Ark Can Do 3,700%+ Long-Term... Easy 90% Short-TermARKBTC is one of the altcoin pairs that can print astonishing growth... I am looking at 3700%+ in potential profits...
Chart below:
Now, it is good to go one step at a time.
We need plenty of time before 3,000% can be achieved, many months or even years but we can easily collect 90% short-term...
Let's read the chart!
We have very strong bullish divergence with the MACD and RSI, really strong.
We also have prices moving above EMA10/21.
Any trading above the purple trendlines and this chart analysis remains valid.
Conditions for change
If prices break below the red dashed line, the analysis is invalidated and a new one is needed.
Feel free to leave a comment if you have any questions.
Share & like to show your support.
Namaste.
Decred (DCR) Confirmed 164% (Full Trade Inside)Here Decred (DCRBTC) is already moving above the down trendline/falling wedge... The next target is set at 68% followed y 164%.
We have a trade idea with the full numbers listed below:
In case you would like to see this pair in more detail.
We have a volume breakout and prices yet to move above EMA10... This is only getting started.
This is an easy one.
Make sure to have a well thought out plan ready before buying into any pair or doing any trading.
The best way to be successful is to prepare ahead of time.
If in doubt, don't trade.
If you make a mistake, either take the loss and move on or wait patiently until the markets change and prices resume up.
Patience is key.
Any questions... ???
Feel free to share it in the comments section below.
Namaste.
YFII Has Even More Than YFI To Grow (670% Mapped)We again visited first YFIBTC and now we look at YFIIBTC...
This one has an even higher potential for profits.
Just by giving a quick glance at the above chart, you can see over 670% of potential profits mapped based on Fib. numbers.
YFFIBTC Chart Signals
We have really strong volume today.
Prices moving above EMA10.
Broken down trendline and descending channel.
Bullish wave starting within the altcoins markets.
You can see the previous chart for YFIIBTC on the 4H timeframe below:
This is only the beginning...
Truly, honestly...
There is so much more to come.
We will see numbers we haven't seen in multiple years...
This will be one of the strongest bullish cycles the altcoins market has seen.
Hit LIKE NOW!
Namaste.
YFI Has More To Offer (245%+ Mapped)Yesterday we spotted a great setup for YFIBTC... It broke bullish and prices started to increase...
But, what will happen next?
This is the daily timeframe for YFIBTC and we can clearly see the biggest volume bar since Aug. and also the highest volume daily in general (we are likely to see more money exchange hand today on the YFIBTC pair than 30-Aug.).
High volume on this move is a strong bullish signal.
The RSI is moving higher and the MACD is above the signal line but still on the low.
The MACD being low now is still good since we have plenty of room available for growth.
The next target is marked on the chart.
YFI can generate, easily, 240%+.
If you enjoy this trade idea make sure to hit LIKE for more and to show your support.
This is Alan Masters.
Namaste.
Will Ethereum Follow Bitcoin? Let's Read The Chart...Bitcoin took the lead and left Ethereum behind... We know that BTCUSD and ETHUSD are close buddies, they tend to move closely together.
We are now seeing Bitcoin challenging $16,000, which is something that happened only once back in December 2017.
But Ethereum didn't follow, right now ETHUSD is still trading below the Aug./Sept. 2020 peak price, yet we have some good news.
We are looking at ETHUSD on the weekly timeframe and this chart is strongly bullish now.
1) We have prices safely and strongly trading above EMA10 and all other moving average lines.
2) We have low volume as a continuation signal favoring the bulls. ETHUSD has been rising since March 2020. This market is in a bullish cycle.
3) The RSI is very, very strong reaching now 70. Since we are looking at the weekly timeframe, this signal is much stronger than when we look at the daily. 70 on the RSI can signal that a massive jump can take place anytime based on this chart setup.
4) The MACD is strong in the bullish zone and there is plenty of room available for additional growth.
5) ETHUSD remains trading above EMA10 since April 2020... This is another very strong bullish signal.
Ethereum can wake up soon and print a really strong move... In the meantime, this chart is really good and we can expect higher prices.
Conditions for change
Only if prices break and close below the EMA10 green line ($390), we would consider looking at any of the bearish scenarios... As long as ETHUSD remains above this level, we are on 100% BULL MODE.
Additional information and potential targets, as well as support levels, are marked on the chart.
Remember to hit LIKE to show your support.
Namaste.
255% Target Mapped for Solana (SOLBTC)SOLBTC has gone through a full cycle, it all started back in June 2020 when a new low was hit.
After this low, SOLBTC went on a strong bullish wave printing 660.06% of profits...
As we surely know, after a strong bullish wave, a classic correction takes place.
This correction pushed prices below the 0.786 Fib. retracement level support, ending in a higher low compared to early June.
With prices now moving back above the 0.786 Fib. level and a bullish RSI, we can expect for SOLBTC to continue higher.
Any trading above 0.00013421 and we remain strongly bullish on this pair (green arrow).
Multiple targets + additional information can be found on the chart.
Namaste.
YFI Ready For Another Round Of Profits (125%) + Basic TipsYFIBTC is looking good now on the 4H timeframe... Here we have the classic "W Pattern", which is a bullish formation.
For the YFIBTC altcoin trading pair we have:
Prices moving above EMA10 and EMA21.
Increasing trading volume.
Strong RSI.
MACD bullish crossover while trending higher (still below zero).
The other altcoins are also starting to move.
Remember that you need to use a stop-loss and have a plan if you decide to trade.
There are many new opportunities developing now...
Avoid FOMO, wait patiently, breathe deeply, and take your time before committing any money or making any decisions.
If one opportunity goes another one will come up.
We go fast hoping to be winners, get profits...
So it is better to do just that by having a plan rather than letting our emotions get out of control.
When to buy (entry)
When to sell for profits (targets).
When to sell for a loss (stop-loss).
Defining these two points before getting started can really help you improve your game and also increase your number of trades won.
This is not financial advice.
Thanks a lot for your continued support.
Namaste.
Genesis Vision (GVT) Candlestick Signals + 109% TargetGenesis Vision (GVTBTC) is also moving towards GREEN.
Here we have a bullish candlestick pattern, marked with an orange square, and also a Doji marked light blue.
Both of these are signals that currently favor a bullish move.
The Doji, when it comes up at the bottom of a trend can be used as a reversal signal...
Not by itself but together with prices moving above EMA10 and also increasing volume.
Daily candle closure is needed for confirmation.
At the same time, multiple targets are marked on the chart.
Namaste.
DeFiChain (DFI) Project Overview + Fib. LevelsAbout DeFiChain
DeFi Blockchain is a decentralized blockchain platform specifically dedicated to enable fast, intelligent, and transparent decentralized financial services, accessible by everyone, everywhere.
Running on a proof-of-stake consensus mechanism, it features proven security and immutability by anchoring its most recent Merkle root to the Bitcoin blockchain every few minutes. The platform also features unparalleled high transaction throughput for all transactions, and reliable decentralized governance, on and off-chain.
The DeFi Foundation is located and incorporated in Singapore as a company limited by guarantee (resembling a foundation structure). The foundation is led by highly experienced blockchain experts Dr. Julian Hosp (chairman), and U-zyn Chua (CTO).
The DeFi Blockchain is designed for investors in the cryptocurrency market who are looking to make their cryptocurrency work just like any other form of capital, such that they can ensure a return on investment in any market.
Features of the blockchain include Decentralized: Lending, Wrapping of Tokens, Pricing Oracles, Exchanges, Transferable Debts and Receivables, Non-Collateralized Debt, Asset Tokenization, and Distribution of Dividends.
DFI can be stored on an exchange, or in a wallet, and staked with high staking rewards via staking pools / services like Cake Defi.
Source: Coinmarketcap.com
Website: defichain.com
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We know that Decentralized Finance (DEFI) is what is going on this year 2020...
This is where all the hype, excitement, and attention within the cryptocurrency markets are landing on...
Here you have the full overview of this project as well as the Fibonacci levels mapped.
(You can zoom out to see additional levels).
Thanks a lot for your continued support.
Namaste.
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This is not financial advice.
All the information shared here and/or by Alan Masters is intended only for learning/entertainment purposes.
We are not responsible for your actions.
POA Network Bullish Divergence | 475% Target MappedLet's have a look at POA Network (POABTC) real quick... What do we have here?
On this chart we can see the now very common "Falling wedge", this pattern has been repeating throughout all the charts I've been looking at lately... This is a bullish pattern.
But here we have the falling wedge together with MACD bullish divergence, another strong signal.
And, finally, POABTC is moving today above EMA10 (candle closure is needed for confirmation/these are early signals).
We also have a new low compared to July, before POABTC latest bullish wave.
This is a positive development because now all the gains have been removed.
All the weak hands are now gone...
POABTC is preparing for another, very strong, bullish jump.
Namaste.
YFII Looks The Same As YFI... Bullish! Easy 100%+We just looked at the pair YFIBTC, it is growing now as I write this (see below):
Then we have the YFIIBTC pair looking exactly the same.
We have the "W Pattern" forming on the 4H timeframe chart, with high volume coming in, bullish indicators, and prices breaking above the EMA10 and EMA21 indicator lines...
This is all signaling higher prices.
Our support is marked with a blue dashed line.
If the bullish momentum is lost, prices drop, then we look for support.
Above this support level, YFIIBTC remains bullish.
Below the support level, the bears come back into play.
Right now we are seeing the bulls entering the stage.
With the bulls/green on... We can expect an easy 100%+ bursts of growth.
Namaste.
MBL Hits New All-Time Low (Easy 155%+ Mapped)MBLBTC hit a new All-Time Low (ATL) yesterday at 8 satoshis (0.00000008).
This is good news, why?
We saw Bitcoin print a massive run growing and growing, as you know, the more money that comes into Bitcoin the better it is for the altcoins and entire cryptocurrency markets.
Now that Bitcoin hit $16,000 and is taking a break, the smaller altcoins are benefitting and growing stronger every day.
Once you reach the bottom... The only place left to go is up...
This applies to MBLBTC and the above chart.
The market moves cycles...
A bearish wave, followed by a bullish one.
It is the bull's turn...
The next target at 155%+ is marked on the chart.
Namaste.
TCT Falling Wedge Points To Strong But Easy 460%+What we saw happen back in late Aug./early Sept. for TCTBTC was just amazing and there is a chance to see something similar again.
In just 1 month TCTBTC printed 466% in potential profits if you count the full-wave.
After the peak was hit in early September, we had a full-on correction removing 100% of all gains, even breaking below support.
Now that all gains have been removed, a new wave is possible... What goes down must come back up.
Here you have the TCTBTC chart.
There are many targets on the way up, but the main one mid-term is now set at 460%+.
Thanks a lot for your continued support.
Namaste.
district0x Goes Up by 129% With More Possible...Bitcoin continues to go beyond while the altcoins continued to suffer... But you already know what we truly believe and that is... Patience is key!
We have over 125% growth today for the DNTBTC pair, gaining back all losses in the past 65 days.
Let me repeat that part.
DNTBTC recovered 65 days of bleeding in just 1 day.
Now... We wait patiently for the rest of the market (altcoins pair) to unravel.
The other altcoins will also grow big as we mentioned multiple times in the past.
Let's have a look at the weekly chart now:
Here we have a break of EMA10/21/50.
We have the highest volume bar since Aug.
Very strong RSI (58). We consider the RSI to be strong above 30 on the weekly timeframe.
The MACD is in the bullish zone.
I promised you a very strong bullish wave for the altcoins market in two weeks, two weeks ago... This is only the beginning... There will be more.
Feel free to hit LIKE to show your support.
Namaste.
Secret Network (SCRT) Mapped (80%, 200% & Beyond)Here we have the SCRTBTC (Secret Network) chart which is looking pretty good right now.
Just recently, a strong bounce took place at a new low and the action is now wild.
We have prices breaking above EMA10, EMA21, EMA50, and EMA100.
We also have very strong indicators, RSI and MACD... These all signals to higher prices.
On the next above I've marked all the next targets.
1) 0.00003883
2) 0.00005112
3) 0.00005986 (For 80%+)
4) & more if you zoom out on the chart.
Wishing you great/huge profits and success.
Remember that you need a plan/strategy to use this chart before you trade.
Thanks a lot for your continued support.
This is Alan Masters.
Namaste.
Ripple (XRP) Falling Wedge + Bullish Divergence (1,148,300%)Ripple (XRPBTC) just printed a lower low compared to May 2020... We've seen altcoins produce a strong comeback lately right after breaking below support.
The same level XRPBTC hit earlier today and yesterday as support was also hit 3 years, back in December 2017.
This lead to a very strong bullish wave.
Here is the chart:
When you look at the ATL back in Dec. 2017, we can appreciate a bullish wave of 1148300%...
If we look at the mid-Dec. low, then we have over 1540%.
Right now, XRPBTC is bouncing off this same support level so a strong bullish wave can potentially follow.
Remember that you still need to build a plan/strategy before you trade. Use a stop-loss and be patient.
Always diversify and take your time before taking any action.
Patience is absolutely key.
Namaste.
Ardor Jumps 80%+ After Fake Breakdown...Ardor (ARDRBTC) started moving with great momentum today printing over 80% in growth since yesterday, here we have the classic stop-loss hunt taking place.
Last week we saw prices breaking and closing below support, just to see a very strong bounce take place today.
Moving below support (the May low in this case) activates the stop-loss for traders with an automatic stop-loss in place and thus takes away their money.
If you use manual stop-loss as we do, you can keep your money as you can clearly see prices moving back up.
Anyways, the entire altcoins market will start to rebound and print some very strong bullish/green growth.
Namaste.