Bitcoin Monday Getting Closer | Trump COVID Positive | Blood? Monday's tend to be bloody for the crypto markets...
We have the really bad news of Trump testing positive for COVID-19, which can lead to the markets bleeding.
This can turn into a blessing if everything turns out fine for Trump (he is in the high-risk category), as he will be able to say that he got over it easily, that the disease is mild so it is even easier on the young... but the markets will suffer regardless short-term.
(If Trump dies of COVID-19 though God knows what will happen... The whole world media might go bananas...)
Let's hope he gets well. :)
Are we about to see a very bad Monday?
That is exactly what is likely to take place.
We are seeing distribution take place in the past few days... With the MA200 backline moving up, prices are likely to go down to meet it half-way...
The MACD is also below zero and about to print a bearish cross...
Bitcoin will drop...
What's your take?
Namaste.
Alanmasters
SONM High Volume Bounce (Easy 62%)SONMBTC is now showing strong volume on a bounce after hitting MA200 (the black line on the chart).
The strong volume and bullish candle after hitting this level signals that prices can easily continue higher.
We just need a close above EMA100 (0.00000107) and there can easily be an additional 62% jump... This can take just a few days to develop if nothing goes wrong.
The next target and support levels are marked on the chart.
This is not financial advice.
Remember that the charts are always changing and can always change... So make sure to a well-developed strategy before you trade.
Namaste.
TRON vs TetherUS Also Bullish (Next Target Mapped)We looked at TRXBTC recently and the chart is growing/building up on bullish momentum...
The same can be said for the TRXUSDT pair.
Today we have prices moving above EMA50 and EMA10.
Both our indicators, MACD and RSI, are showing bullish signals.
Notice that prices bounced at the EMA100 blue line... Signaling strength.
The next target is marked on the chart.
Namaste.
TRON Taking Off Like A Rocket, Strong Bullish ActionWhen we look at the 4H timeframe for TRON (TRXBTC), we can see really strong bullish action.
We already know this pair...
When it starts to go it goes...
Long, fast, and strong.
After the Doji yesterday, which can be taken as a reversal signal when it shows up at the bottom of a trend, we have 7 consecutive green candles... And it seems that there will be more.
This is a short-term analysis, you can check the previous chart if you want to see more:
Click LIKE and let's go!
Namaste.
POA Network Follow Up Update (Closer To Boom!)POA Network Follow Up Update
Following up on my last POABTC chart, this is how things are looking now.
There was a challenge of EMA50 but prices were rejected.
Now, good volume is coming in on a Saturday and many other altcoins are recovering and starting to grow.
POABTC can jump anytime now...
It can take a few days to a maximum of 1-2 weeks.
Note: If prices break below the blue-dashed line (marked support), the above analysis is invalidated.
Namaste.
Previous chart:
Mainframe Hidden Bullish Divergence Can Lead To...We are looking at the hidden bullish divergence between MFTBTC and the MACD.
First, here is the MACD, notice the purple line (lower lows).
- There is also a young bullish cross and the histogram going green.
Now, look at MFTBTC, notice the purple line (higher lows).
Can you see it?
That's the signal.
Note: Spotting certain bullish signals have no real meaning/value when it comes to trading...
The market is unpredictable and can always change.
What these signals can be used for is to support the action, buying or selling, that you will take/make.
Feel free to hit LIKE now to show your support.
Namaste.
Luna Starts To Look Up (How Does It All Works?)The bias on the chart above can be seen clearly...
Prices continue to aim higher.
The market moves in cycles...
The pairs move in cycles/waves...
We always have up and down, up and down...
In between cycles, we have consolidation and distribution periods.
After the strong bullish wave that took place for LUNABTC, we have a classic strong correction... This is where beginners get scared and think the pair is done.
But if you look at it closer, you can clearly notice higher highs and higher lows.
When you get HHs and HLs, this signals that the bullish trend is still on (uptrend), so we can expect additional growth.
We can wait patiently for the next jump.
Only if prices print lower highs and lower lows, we can expect for things to go wrong.
As the chart looks now... The Luna bulls are in full control.
Namaste.
NKN Going For A Higher High? Most Likely Yes For 100%NKNBTC is now in an uptrend while trading on a wide ascending channel...
Higher highs and higher lows.
Today's candle is also challenging EMA10 and EMA21...
The strong bullish/green candle on 20-Sept. gives us a signal that the bulls are about to enter the space with force.
If the above happens, we are very likely to hit a higher-high paying over 100%+.
Namaste.
TRON Potential Bounce In-Play (Found Support)TRON (TRXBTC) is giving out an early signal in the form of a bullish candlestick today as well as a bounce off the EMA100 blue line.
This can lead to additional growth.
After prices peaked, 3-Sept., we saw a strong correction but volume has dried up on the drop.
Prices are now flat and the indicators are starting to turn.
The EMA100 line also coincides with the 0.786 fib. retracement support...
Giving additional strength to these signals.
TRXBTC is likely to jump.
Remember to always do your own research before you trade.
Make sure to build a plan, because the charts are always changing and with a plan, you can come out successful when you trade.
If one opportunity is gone... Another one will come and take its place.
Remember to hit LIKE to support my work...
This is Alan Masters.
Namaste.
BLOCKv (VEE) Challenging Resistance (130%+ Mapped)VEEBTC is now challenging the EMA50 resistance while trading above EMA100/MA200.
Prices for VEEBTC peaked at 24 satoshis after breaking above MA200.
A correction followed with VEEBTC printing a higher low 16-Sept. compared to 9-March.
After this higher-low, we are now seeing prices back above MA200 opening the doors for additional growth.
The RSI is strong and the MACD trending up...
Just a little longer before the next move.
The two main bullish potential scenarios are depicted on the chart.
We go super bullish above EMA100/EMA50 and MA200.
We stay bullish below these levels as well and expect a bounce if there is a retrace.
Conditions for change
If prices move and close below the last low at 7 satoshis, we are likely to see lower prices.
Namaste.
Ethereum Looks Just Like Bitcoin, Bearish, Next Target Mapped! The ETHUSD (Ethereum) chart looks just like Bitcoin (BTCUSD).
We have the same signals coming from the chart and prices now finding support at EMA100.
Now, will EMA100 hold or not?
I asked the same question on the Bitcoin article below...
EMA100 is likely to break as support based on the following signals:
1) The MACD is trading below zero and showing a bearish cross.
2) The RSI entered the bearish zone while trending lower.
These pairs, ETHUSD and BTCUSD, grew massively after the low in March 2020... It is normal to have a strong correction after so much growth.
Don't get me wrong...
You still need to prepared for change at any given time, what would you do if prices go up?
Conditions for change
ETHUSD is aiming lower but this scenario can change.
If prices move back up and close above EMA50, most of these signals are invalidated and a new analysis is needed.
Any trading below EMA50 and we continue to expect lower prices.
This is not financial advice.
Make sure to hit LIKE if you would like to show your support and see more chart analysis like this one.
Namaste.
IHT Real Estate Protocol (IHT) Project Overview + Bullish Chart About IHT Real Estate Protocol
Project Introduction
IHT integrates global real estate markets with the blockchain mechanism. Through joining blockchain and real estate, the real estate developer, financial institutions and their users can be connected and the transaction of real estate can be made a part of “digital credit society”, therefore constituting a pivotal supporting part of the economic development. All owners and investors will become beneficiaries of i-house.com real estate blockchain.
Website: ihtcoin.com
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The I-House Token (IHTBTC) trading pair is starting to look really good... We have multiple very strong bullish signals developing.
Let's have a look at those:
1) The RSI is super strong now moving above 70 (71.18).
2) The MACD is safely trading above zero while gaining upward momentum.
3) Yesterday's candle for IHTBTC closed above the MA200 blackline (Prices trading above MA200 opens the door for strong/fast bursts of growth).
4) EMA10/50/100 al conquered this week.
5) Above-average green/bull volume coming in.
Prices are ready to jump.
This is a short analysis... The next target is clearly marked on the chart.
Namaste.
Bitcoin Daily | Aiming At $9850 Followed by $9370Bitcoin wasn't able to stay above EMA50 on the daily timeframe... This can signal lower prices.
EMA50 is a strong indicator when it comes to BTCUSD and the 1-day chart...
Support is found now at $10489 or EMA100.
Below EMA100 we will see a stronger drop.
Will Bitcoin bounce from the EMA100 support or keep on going lower?
We have increasing bear volume today but still low... So, how can we tell if prices will bounce or not?
We can look at our indicators to get some clues.
The MACD is trading below the zero line, which is bearish and also trending lower... Looks like it is about to print a bearish cross.
The RSI is still good/solid at 44+ but also trending lower, printing lower highs since the 1st of August.
Our next target is set at $9850 followed by $9370.
Conditions for change
If prices move back up and stay above EMA50, the above signals can easily be invalidated and the bearish potential is lost.
For now, the bears are starting to gain strength, so we remain bearish on Bitcoin short-term and we go with the flow.
Any questions?
Share your thoughts in the comments section below.
Namaste.
Ren Finds Support, Resumes UptrendAfter peaking 1-Sept., RENBTC correction's finally found support
Today we are seeing strong volume coming in after prices bounced off the MA200 backline.
The RSI is looking strong with prices moving above EMA50...
These signals are telling us that RENBTC can keep on going and hit higher.
Namaste.
Bitcoin Monthly | Going To $5,555 But $9850 First, Then $8821 &.September Bitcoin closed the month with a bearish candle.
We have a lower high compared to June and we continue to see lower and lower volume.
I've been sounding the alarm since early August and now it is very clear that Bitcoin is going lower.
BitMEX is being sued and some people will say that this is the cause of the drop...
This is surely a catalyst and a factor but the charts have been pointing to a lower Bitcoin for 2 months now.
Getting back to TA and my original EMAs analysis...
Bitcoin can go as low as $5,472 or lower...
I won't detail the analysis now but we wait and see.
EMA10 is to be tested for sure at $9850...
But I see even lower prices.
What's your take on Bitcoin's next move?
Are you still bullish on Bitcoin or do you believe now that a correction is necessary and prices will continue to drop?
Feel free to share with us in the comments section below.
I am in favor of Bitcoin, I love Bitcoin and Cryptocurrency but this doesn't make me blind to the fact that prices peaked a while back and we were expecting this drop.
What Will Happen To The Altcoins & Altcoins Market In General?
Leave a like and a comment if you would like to know my view and I will publish a new trade idea with my altcoins market analysis and how it will behave/react if Bitcoin continues going lower.
Thanks a lot for your continued support.
Namaste.
Harmony (ONE) Will Grow by 173% Within Weeks...ONEBTC (Harmony) is looking really good now after finding support at the .786 Fib. retracement support level relative to the last bullish wave.
Now, with prices moving above MA200, we are likely to see additional growth.
Our next target is set at 33% followed by 91% and finally 173%.
Prices can go higher of course but this is the mid-term move for ONEBTC based on how the charts are looking now.
If prices drop, we still remain bullish after the drop as long as the May low remains intact.
Namaste.
DigiByte Ascending ChannelDigiByte (DGBBTC) has been creating its own chart... Separate to all the other altcoins.
Here we have an ascending channel and we continue to see higher lows.
The Relative Strength Index (RSI) indicator is looking strong and the MACD is above zero and moving up.
DGBBTC is likely to continue growing and soon print a higher high.
This is one of those altcoins that moves first and can signal what will happen to the rest of the altcoins market.
If DigiByte stays strong, you can expect the rest of the smaller capped altcoin to follow up.
Namaste.
Perlin (PERL) Strong Drops, Lead To Strong Jumps!Earlier we mentioned that a strong drop can lead to a strong jump... This is true on the PERLBTC chart.
When we are in a bearish cycle...
The drop can take multiple months.
When the markets are looking bullish...
The drop happens fast and later we resume the growth.
Here we have PERLBTC which just printed a higher low.
With bullish indicators and a higher low...
This altcoin pair is ready again to grow.
Namaste.
Monero (XMR) Is Preparing For A Massive Jump!The stage is set for Monero (XMRBTC) to print a strong jump...
Here we are looking at the weekly chart.
We have very strong bullish signals coming out of this chart... Listed below:
1) A bullish cross of EMA10 and EMA50.
2) The MACD above zero with plenty of room available for growth.
3) The RSI is now at 67; weekly timeframe (very strong).
4) "Cup pattern" at all-time lows.
5) 1.8 Years of bear market followed by almost an entire year of consolidation... Sellers have been exhausted.
The doors are open for additional/strong growth.
Namaste.
WePower Trade Signal (111%+ Potential Profits)(BC)Here we have a short-term trade signal for WePower (WPRBTC).
Short-term means that we are aiming for small growth and not that it will happen in the short-term.
The pair can take as long as it wants to move...
Below the numbers.
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WPRBTC
ENTRY: 0.00000064 - 0.00000071
TP1: 0.00000080
TP2: 0.00000094
TP3: 0.00000103
TP4: 0.00000115
TP5: 0.00000135
TP6: 0.00000150
STOP: Close daily (D) candle below 0.00000058.
--------------------
THIS IS NOT FINANCIAL ADVICE.
Good luck.
Good health.
Good wealth.
Great success.
Wishing you, now & always, the very best!
Namaste.
PAL Network Has Huge Potential, 1,000%+I am still holding some PALBTC... I am looking at something similar to what we saw with Spendcoin (SPNDBTC).
If you are not familiar with what happened with SPNDBTC, let me share in short... It grew by 1600% in a single candle.
PAL Network (PALBTC) just printed a higher low, is moving above MA200, is showing increasing volume, a strong RSI, and a MACD bullish cross... Just to mention some signals but this one is looking good and strong.
Patience is key.
Namaste.
Siacoin (SC) Going Straight Up!The falling wedge broke bullish and prices are now trading above the MA200 black line.
Siacoin (SCBTC) is likely to move up just as we saw in August after the July falling wedge.
The blue dashed line is our support which can be used as a stop-loss if you decide to trade.
Namaste.
TFUEL Strong Consolidation Continues, Jump AnytimeStrong consolidation continues to take place on the TFUELBTC (Theta Fuel) altcoin trading pair.
After the May peak, prices went on to correct and test EMA50 and EMA100 as support.
The other EMAs; EMA200, EMA300, and MA200 were never tested which is a signal of strength.
Now, TFUELBTC is trading safely above all EMA's with bullish indicators...
A strong price jump can happen anytime.
Conditions for change
This chart is strongly bullish but things can change fast when it comes to altcoins and cryptocurrency.
If prices drop and close below EMA100 (0.00000085), we will see lower prices and MA200 (0.00000069) tested as support.
Any trading above MA200 and we stay strongly bullish.
If MA200 breaks, we will see lower prices.
Namaste.