Ethereum Going For Lower Prices (MA200 Analysis)First, we have a few of our classic signals pointing to the bears taking the lead...
Like the break of EMA50 as support and a drop below zero on the MACD.
Now, let's have a close look at MA200 and why I believe Ethereum (ETHBTC) can go lower.
As ETHBTC prices moved above MA200 back in March, a strong bullish wave followed...
After prices peaked 1st-Sept., ETHBTC started to retrace.
Now that this bullish wave is done, we are likely to see MA200 tested as support.
What's your take?
Will Ethereum drop or bounce and continue to grow?
Namaste.
Alanmasters
ChainLink vs TetherUS Trending LowerChainLink (LINKUSDT) peaked 16-Aug. and has been correcting since... Prices continue trending lower.
We have prices for LINKUSDT trading below EMA10/50/100.
The MACD is now below the zero line.
The RSI dropped below 50 and continues to print lower highs.
This altcoin pair is likely to continue lower.
Conditions for change
For the LINKUSDT pair to turn bullish, we would need to see prices move and close above EMA50 (11.2696).
Any trading below this level and the bearish bias stays on top.
Namaste.
Binance Coin Recovering With StrengthThe correction for Binance Coin (BNBBTC) only lasted a few days... After testing EMA10 and EMA50 as support, we are seeing strong bullish action taking place.
I wouldn't be surprised if we more gains.
The last high if the first and main target for this current move.
Namaste.
Bitcoin Facing Resistance At MA200, Level To Watch +AltcoinsBitcoin (BTCUSD) is now facing resistance at a conjunction point of multiple EMAs.
MA200, EMA10, EMA200, and EMA300 are all intersecting at the same spot, the $10760 - $10780 price range (This is the level to watch).
Failing to move above this level will signal lower prices (red arrow).
But if instead, Bitcoin manages to conquer this resistance, we will see a challenge of the descending trendline in orange (green arrows).
The trading volume is really low lately and the price action choppy... An indecision period.
Looks like some Bitcoin sideways is possible.
ALTCOINS
On the other hand, the Altcoins vs Bitcoin (ALTSBTC) pairs are starting to move while gaining bullish momentum.
The longer that Bitcoin stalls...
The more the Altcoins grow.
Namaste.
Nuls | All Gains Removed... Strong Bounce Taking PlaceAll the gains from the May-July bullish wave for NULSBTC have been removed...
Now we are having a strong bounce at support/higher low.
Let's keep this one simple...
The blue arrow is the main scenario I see playing out.
Even though all gains have been removed, we have a higher high (July's peak) and a higher low (Sept. low) which means bullish.
This pair can easily produce a new wave of growth.
Namaste.
Golem (GNT) Bullish ConsolidationGolem (GNTBTC) is now showing a very uncommon pattern marked with a light blue rectangle.
We have 6 consecutive green candles all moving straight up.
I am calling this "bullish consolidation" which can lead to a massive jump.
The RSI is above 50, we know what this means... Strong.
GNTBTC is also trading above all of our EMAs, removing all resistance on the way up.
Support was found at EMA100 which also coincides with the 0.618 Fib. retracement support.
This is looking strongly bullish to me... We will see how it goes.
Namaste.
Siacoin | You Can Never Go Wrong With This AltcoinSiacoin (SCBTC) just activated another support level...
You can't go wrong with this pair.
We are still in an uptrend and seeing higher lows.
We remain strongly bullish above 24 satoshis.
If 24 satoshis break though things won't be looking as good.
Prices moved below MA200 (black line) and now attempting to move back up.
The last time this happened we ended up with a higher high...
After three months of correction, we can potentially see some consolidation and then boom, another jump.
Let's see how it goes.
My main potential bullish scenarios are drawn on the chart with green arrows.
Namaste.
Vanywhere (VANY), Strong Drops Can Lead To Bullish Action!Here, on the Vanywhere (VANYBTC) chart, we have a very steep/strong drop beginning early September...
Strong drops can lead to strong bullish action... This is the theme of the day.
Vanywhere chart signals
- At the same time, we also have the support level from July, which led to a 190% bullish wave, being activated and prices quickly challenging EMA10.
If EMA10 is conquered, we can easily see a new 121% bullish wave printed.
Conditions for change
Moving below 7 satoshis (0.00000007) would invalidate this analysis.
Feel free to leave a comment if you have any questions.
Thanks a lot for your continued support.
Namaste.
CyberVein Leaning Many Of The Smaller AltcoinsBefore this whole altcoins market craze started, CyberVein (CVTBTC) was one of the first pairs to move.
I remember charting this one and seeing strong growth
We just got out of a correction period/a bearish wave...
Now, CyberVein is once again taking off.
This can signal that the rest of the smaller altcoins are also getting ready to grow.
Just as we saw in the past with LENDBTC, ASTBTC, RENBTC, and many more...
When one altcoin pair prints strong bullish action, the rest is likely to follow since the entire market is connected so we can expect additional growth.
As for CVTBTC itself, this chart...
We do not buy/trade at these levels.
We do not trade this type of chart.
We look for pairs that are trading low/near support.
This in turn gives us lower risk and higher potential rewards.
Namaste.
Spendcoin (SPND) Prepares For Another Round... Full AnalysisJuly was the month Spendcoin (SPNDBTC) finally woke up, printing a massive 1600% daily candle.
After such strong growth, a correction is not expected but actually a must.
Prices went on to correct and after some consolidation and hitting EMA100 as support, we are seeing this pair moving back above EMA50 and EMA10.
Another bullish jump can take place.
NOTE: As long as prices remain trading above EMA10/50, 0.00000029/0.00000030, we stay open to this bullish jump (strongly bullish).
The MACD and RSI both support this move.
Conditions for change
If prices drop, we remain bullish above MA200 or 0.00000019.
If prices drop and close below MA200, the bears take control of this pair/chart, meaning, we can see lower prices.
Namaste.
Bitcoin | Pullback To $12,000?Bitcoin (BTCUSD) just managed to back above EMA10/50/100/200/300 and MA200 on the 4H timeframe...
This can lead to additional growth.
At the same time, Bitcoin is also moving above EMA50 on the daily timeframe, which is a strong indicator of Bitcoin's bullish/bearish potential.
Above EMA50 daily = strong bullish.
Below EMA50 daily = bearish potential.
With this signal in place, we can see prices hit $11180, $11500, or even $12,000 next.
Conditions for change
If prices drop and close below MA200 and EMA50, the above signals are invalidated and lower prices are possible.
Remember to hit LIKE to show your support.
Namaste.
Polymath Bulls Are Back In PlayPolymath (POLYBTC) is looking good after the MA200 black line holds as support.
First, we saw MA200 being conquered back in May which led to 130%+.
Prices started to retrace and MA200 worked as support (light blue).
After a 'lower high', MA200 was tested again and broke...
Today, we are seeing prices moving back up.
The bulls are back in control.
We also have a strong RSI and a bullish MACD cross.
Let's keep it simple:
Bullish above MA200...
Bearish below.
Namaste.
MBLBTC Short-Term Signal (Easy 125% Possible)Here we have a trade signal for MBLBTC.
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MBLBTC (BC)
ENTRY: 0.00000016 - 0.00000018
TP1: 0.00000025
TP2: 0.00000029
TP3: 0.00000033
TP4: 0.00000038
TP5: 0.00000041
STOP: Close daily (D) candle below 0.00000016.
--
Trade at your own risk.
This is not financial advice.
Make sure to build your own plan/strategy before you trade.
Thanks a lot for your support.
Namaste.
DAugur (DREP) Bullish Flag + TargetsDAugur (DREPBTC) has printed a bullish flag... We all know about this pattern.
On top of the bullish flag pattern, we also have a broken trendline, strong indicators, and low volume as a continuation signal in favor of the bulls.
If 32 satoshis (0.00000032) can be conquered, prices moving and closing above this level, you can expect to see 44 satoshis to be hit followed by higher prices.
On a drop, support will be found mainly at EMA50/100 or 0.00000028, this is a strong support level.
This is not financial advice.
All this information is shared freely and intended only for your own learning and entertainment.
If you enjoy the content, feel free to hit LIKE to show your support.
Namaste.
AirSwap Long-Term (Weekly Chart Analysis)Let's take a look at AirSwap (ASTBTC) and how it is behaving around the EMA lines.
First, we saw ASTBTC break above EMA50, quickly followed by a test of this level as support.
Second, we saw ASTBTC break above EMA100, quickly followed by a test of this level as support.
Now, we have prices consolidating strong above EMA10, EMA50, and EMA100...
This opens the door for additional growth.
If prices drop (red arrow), we remain bullish and still expect another jump (2nd green arrow).
We are bullish mid/long-term... The altcoins will continue to grow.
As long as we have higher highs and higher lows... It doesn't matter how long it takes or if Bitcoin is going down or up... Higher highs and higher lows, is the classic definition of an uptrend, so there can be more... GREEN.
Namaste.
Theta Token Continues... Follow Up Update w/ Next TargetI shared a chart recently for Theta Token (THETABTC), we mentioned how this pair was facing resistance yet continued to look strong with the potential to continue higher.
It came true because the ATH (All-Time High) has been conquered and now the doors are open for even more...
Well, let's keep this one short...
The next potential targets are clearly marked on the chart.
Conditions for change
If prices drop, look at the blue dashed-lines for support.
Theta Token (THETABTC) can print additional growth before any retrace.
Namaste.
LTO Higher Highs & Higher Lows | Uptrend IntactLTOBTC is now in a clear uptrend...
For this altcoin pair, the low was hit back in May 2020, and then Boom! Strong bullish action.
Prices peaked this month and the correction was fast and strong.
While AIONBTC, just shared (see related ideas below), took over 210 days to hit a higher low...
LTOBTC is already showing signals of another next bullish jump.
The 0.786 Fib. retracement level has been activated and we know this is a very strong support.
This same level was hit back in July, this resulted in another higher high.
Now that all the gains have been cleared once again... No more weak hands, we can expect LTOBTC to hit another higher-high next.
WARNING: Remember that the charts are always changing... So you need to build your own plan/strategy before you trade.
Even if prices drop some more, we remain bullish on this pair as long as the mid-May low holds.
In conclusion, LTOBTC will resume its growth...
Patience is key.
Namaste.
Aion Retracing Since Feb. 2020, Finds Support, 125% Next!Aion (AIONBTC) found support after a very long correction that lasted over 210 days.
How to tell that support has been found?
There are many tools we can use but we like to keep it simple... Simple is best.
The first signal we look at is the trading volume.
1) Today we have really good volume for AIONBTC with a very strong bullish candle.
2) Prices are now trading above EMA10/EMA21 and challenged all the way to EMA50... All in one single candle.
3) We have a higher low compared to January 2020.
4) As well as hidden bullish divergence with the MACD starting in March.
5) The RSI is above 50 which also favors the bulls.
These are just a few...
Prices can grow from here and easily print 125% growth or more...
If the higher low holds, we can also see a higher high next which will go beyond the 125% just mentioned.
Conditions for change
If prices move and close below 0.00000657, the above signals are invalidated.
When trading, this level can be used as a stop-loss.
We use manual stop-loss when trading cryptocurrency because these markets are highly volatile.
Remember to hit LIKE!
Namaste.
PotCoin (POT) Hit Lowest Level Since 2015... Easy 200%Now that PotCoin (POTBTC) hit its lowest price since 2015... We can expect some growth.
You know what we love to repeat...
Once you hit bottom, the only place left to go is up.
When we look at the long-term chart, the potential here is off the books.
One can easily aim fro 200/300% of potential profits in a matter of weeks... More in just a few short months.
This is not financial advice.
Namaste.
Ethereum Classic's Turn Is Coming, Falling WedgeEthereum Classic (ETCBTC) peaked Jan. 2020 and is finally hitting support.
After correcting almost by 100%, ETHBTC reached the same level it hit back in late October 2019...
When this level was hit, a strong bullish wave followed that produced over 240% growth.
With this support level now activated, we can expect a similar outcome.
Note: This is not a piece of trade advice.
This is a good setup and can be traded.
A buy order can be set at current prices aiming to hit multiple targets on the way-up.
If the market turns and things go wrong, we can set a stop-loss at the last low.
Namaste.
YFII Chart Mapped Up To 151%+ & BeyondI just shared for you the targets for YFIBTC (visit my profile).
This time, we are going to be looking at YFIIBTC.
We have multiple bullish signals developing as I write this and momentum building up.
The targets are the blue and orange dotted lines as well as the magenta dashed-lines as main targets.
This is not financial advice.
Thanks a lot for your continued support.
Remember, if you are getting started, it doesn't matter how many mistakes you make...
If you accept them and learn from them, more opportunities will show up, and eventually, if you persist, the WIN WILL BE YOURS.
Namaste.
HempCoin (THCBTC) Trade Signal (800%+ Potential Profits)Here we have a full trade signal for the HempCoin (THCBTC) altcoin trading pair available on Bittrex.
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THCBTC
BUY: 0.00000064 - 0.00000075
NEXT SUPPORT: 0.00000047
TARGET:
1) 0.00000091
2) 0.00000124
3) 0.00000179
4) 0.00000265
5) 0.00000330
6) 0.00000410
7) 0.00000495
8) 0.00000550
9) 0.00000640
PROFITS POTENTIAL: 816%
STOP: Close weekly (W) below 0.00000036.
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This is not financial advice.
Remember you are responsible for your actions and decisions.
Make sure to do your own research and build a strong plan/strategy before you decide to trade.
Wishing you great profits, love, wealth, and success.
Namaste.
Ankr Finds Support | Higher Low + 99% Easy Target MappedLet's have a look at Ankr Network (ANKRBTC).
This altcoin pair also produced a higher low after hitting EMA300/MA200 and is now ready to grow.
Here is the now-famous MACD bullish cross explained:
The next target is clearly marked on the chart.
Remember that you need to do your own research and build a plan/have a strategy before you trade.
This is true to all the charts that I, and everybody else, share.
Thanks a lot for your continued support.
Namaste.
(This is not financial advice).
All the information shared by Alan Masters is intended only for learning and/or entertainment purposes.