No Worries, Ripple (XRP) Stays BullishYesterday Ripple (XRPBTC) printed a red candle but, no worries... We stay bullish.
Prices for XRPBTC remain safely trading above EMA10 and EMA50, which is a signal of strength.
The consolidation has been good and prices can resume up almost immediately or within just a few days.
Remember what we always say... Patience is key to win when you trade.
Namaste.
Alanmasters
Standard Tokenization Protocol (STPT) Update + Next TargetThis one is on a clear uptrend with high volume coming in. The next target is marked here.
The bullish signals are really strong so we are completely ignoring the bearish possibilities/scenarios... In this set up we are looking at a higher high soon.
This is an update to my previous chart.
We've been tracking STPTBTC long-term.
See this one from Nov 29, 2019...
Patience is key.
Namaste.
Blox Bounces, Time To Move Up!Here is a very simple signal that I like and enjoy...
When you see MA200 dropping fast down but prices move above, this is a signal that the next move will be up.
Keep in mind that is recommended to look for multiple signals to support your bias...
One signal can be good/strong but in my opinion is never enough.
Also, make sure to build a plan before you trade.
The signal can tell you about a price jump/drop, but it doesn't tell you what to do after so better prepare.
Namaste.
Stratis (STRAT) Is Like To Go Higher (Next Target) 97%+ AlreadyStrong bullish momentum is now obvious on the STRATBTC altcoin trading pair... Prices have moved above all of our EMAs including EMA300, opening the door for additional growth.
On this chart, I am sharing with you the next target... Marked with magenta dashed lines on the chart.
I've also marked two different bullish scenarios.
Note: If prices break below support, blue dashed line, or EMA300, the bullish scenarios become invalid.
Always make sure to have a plan before you trade.
You can also see the full trade details (buy-in, targets, and stop-loss) by clicking on the image below
Thanks a lot for your continued support.
Namaste.
--
This is not financial advice.
BitTorrent Moves Vs Bitcoin (300%+ Possible)Today, BitTorrent (BTTBTC) moves vs Bitcoin in a bullish fashion.
Just as we saw with Holo (HOTBTC), prices broke up and hit 6 satoshis for the first time since February... This is a strong bullish signal.
We have strong indicators, green.
A volume breaking, green.
Prices trading above MA200, super green.
And plenty of room available for growth.
On this chart, I've marked a 121% target followed by 319%.
The grey dotted lines on the charts can also be used as targets, these are Fib. resistance levels.
Prices are very likely to shoot up.
BitTorrent is already moving vs Tether (BTTUSDT), I will share a chart also for this pair... Remember to hit LIKE for more.
Namaste.
Ethereum Next Target Mapped ($222, $215, Lower?)Ethereum (ETHUSD) goes together with Bitcoin (BTCUSD) and Bitcoin is starting to drop...
Here we have the next target for ETHUSD.
We will hit ~$226 with a high probability on this drop.
The red volume is high and the indicators curving strong.
But first, ETHUSD will hit MA200 at $234.10, depending on how this level is handled, we will visit $226.46 next.
Based on my EMAs analysis, the 0.786 Fib. support can also be hit as well...
But this drop is just getting started, let's not get ahead of ourselves.
This is a short-term analysis, not intended for you to trade.
You need to have your own plan and strategy, always remember this, here we are only reading the chart...
But when we trade, we share the full numbers (buy-in, targets, stop-loss & additional information).
Namaste.
S&P 500 Index Full Analysis (Still Bearish Here)I would like to give a full analysis of the S&P 500 Index (SPX) chart... Let's get started!
We will look at my classic signals and then a general view.
The classic bearish signals coming out of this SPX chart are as follow:
The first thing to notice here is a lower high compared to the 8-Jun.
I shared a chart on this date mentioning that the S&P 500 Index had peaked.
The next thing we have is a test/challenge of EMA10 as support (meaning, from up to down).
Since we have a lower high, the test of EMA10 signals lower prices.
We follow with a bearish cross on the MACD.
The RSI remains above 50 but trending lower, while the STOCH is showing a strong curve pointing down.
We also had a rising wedge pattern, another classic, which broke already a few weeks back.
The trading volume is going lower. Notice that the green volume was lower than previous days/weeks on the latest bounce that produced a lower high.
General view (SPX Bearish)
Don't get caught up in the noise, the hype, the news or \whatnot... Just look at the chart.
I haven't read a piece of news about the SPX basically ever, for Bitcoin or anything else for a long while, yet, I can continue to read the charts are produce a high accuracy rate... Everything is here... Everything is on the chart.
Keeping it simple... Trading below the "LAST PEAK" is bearish.
If prices move and close below the "LAST PEAK", it opens the door for additional bullish action but still, there are many factors that keep the bearish view present since the All-Time High is still intact.
So, we can see prices moving above the LAST PEAK which gives us a more bullish view but still remain cautious until the last high is taken out.
As for the initial analysis... We are bearish based on all the signals we just shared above.
What is your take my dear reader/follower/supporter?
Thanks a lot for your amazing and continued support.
Namaste.
Bitcoin (Fake breakout) Resumes DropWhat we saw recently for Bitcoin (XBTUSD) was a fake breakout.
Prices moved above support just to quickly fall back down.
Our previous view/analysis remains valid.
Prices are now trading below MA200 and also below the purple trendline.
Additional information
Thanks a lot for your continued support.
Namaste.
Ocean Protocol (OCEAN) Price Action AnalysisOcean Protocol (OCEANBTC) is on a strong uptrend but might have peaked.
The technicals are bullish but some bearish signals are starting to show up.
The MACD is losing momentum and we are seeing lower highs.
If the prices fail to move above the magenta line, we will see some retrace before more up... This my current view but this can easily change and prices continue straight up.
This is not financial advice.
Thanks a lot for your support.
Namaste.
S&P 500 Index Full Analysis (Still Bearish Here)S&P 500 Index Full Analysis (Still Bearish Here)
I would like to give a full analysis of the S&P 500 Index (SPX) chart... Let's get started!
We will look at my classic signals and then a general view.
The classic bearish signals coming out of this SPX chart are as follow:
The first thing to notice here is a lower high compared to the 8-Jun.
I shared a chart on this date mentioning that the S&P 500 Index had peaked.
The next thing we have is a test/challenge of EMA10 as support (meaning, from up to down).
Since we have a lower high, the test of EMA10 signals lower prices.
We follow with a bearish cross on the MACD.
The RSI remains above 50 but trending lower, while the STOCH is showing a strong curve pointing down.
We also had a rising wedge pattern, another classic, which broke already a few weeks back.
The trading volume is going lower. Notice that the green volume was lower than previous days/weeks on the latest bounce that produced a lower high.
General view (SPX Bearish)
Don't get caught up in the noise, the hype, the news or \whatnot... Just look at the chart.
I haven't read a piece of news about the SPX basically ever, for Bitcoin or anything else for a long while, yet, I can continue to read the charts are produce a high accuracy rate... Everything is here... Everything is on the chart.
Keeping it simple... Trading below the "LAST PEAK" is bearish.
If prices move and close below the "LAST PEAK", it opens the door for additional bullish action but still, there are many factors that keep the bearish view present since the All-Time High is still intact.
So, we can see prices moving above the LAST PEAK which gives us a more bullish view but still remain cautious until the last high is taken out.
As for the initial analysis... We are bearish based on all the signals we just shared above.
What is your take my dear reader/follower/supporter?
Thanks a lot for your amazing and continued support.
Namaste.
Holo (HOT) Hits Highest Point Since Feb.Holo (HOTBTC) hit a new high today...
That is 9 satoshis (0.00000009), which is the highest point since February 2020.
That's almost 5 months.
We shared our "Final call" for Holo as well as the long-term targets, you can find them below
Long-term targets for HOTBTC
The volume is looking really good.
The RSI is also strongly bullish...
The HOTBTC wait is over, this pair will start to grow.
Namaste.
The "W" Pattern ExplainedThis pattern is very common when looking at the altcoins trading pairs (cryptocurrency).
It looks like a "W" and works only when a higher low is present.
The "W" Pattern Explained
As prices drop and a low is hit, we get the first push up, followed by a drop that ends it in a higher low which signals that the pattern is complete.
After the second push, we get a final retrace before prices resume up.
Note: Even if you spot this pattern, you still need a plan/strategy before you trade.
You need to have a stop-loss, in case the prices drop and a target to secure/collect profits if the pattern plays.
This is Alan Masters.
Thanks a lot for your continued support.
Namaste.
Litecoin Crypto Signal @AlanMasters [LTCBTC](60%)Recently we shared a chart for Litecoin, that was the analysis...
Here you have the signals.
Wishing you great success.
Feel free to leave a comment if you have any questions.
------------------
Litecoin | LTCBTC
BUY: 0.004400 - 0.004650
TARGET:
1) 0.005100
2) 0.005500
3) 0.005800
4) 0.006200
5) 0.006600
6) 0.006950
7) 0.007300
POTENTIAL PROFITS: 60%
STOP: Close weekly (W) below 0.004200.
------------------
The information here is not financial advice.
Thanks a lot for your support.
Namaste.
Cardano vs U.S. Dollar (ADAUSD) Chart AnalysisCardano vs U.S. Dollar (ADAUSD) is going in favor of the bulls now that prices are trading above EMA50.
The daily candle closes in 30 minutes...
Closing and staying above EMA50 can lead to STRONG growth for ADAUSD.
The MACD is bullish and entering the bullish zone (above zero).
The RSI is really strong and trending higher.
We are looking at higher lows on the chart and prices moving above support.
We are extremely bullish on Cardano as long as we remain above our marked "support zone".
Below you can find ADABTC and ADAM20 if you want additional information on this one:
Thanks a lot for reading.
Namaste.
Crypto.com (CRO) Going Parabolic? (240% Mapped)Crypto.com (CROBTC) is going parabolic and has been growing for weeks.
Prices are now strongly moving above EMA10 and EMA50 while gaining momentum... This pair can continue to grow and print massive volumes.
Keep an eye on this chart.
Conditions for change
If prices drop below the orange space with a dashed blue line, the bullish bias is reduced and a new analysis is needed.
We remain strongly bullish above support.
This is not financial advice.
You still need a plan/strategy if you decide to trade.
Namaste.
S&P 500 Index Confirmed Bearish (Support Levels)How are you doing today?
Recently I shared a chart for you predicting a drop for the S&P 500 Index (SPX)... We still had some mixed signals but prices looked like they peaked and so it is... See it you:
Now, we have a better idea as to what will happen next.
We have the same chart setup as before but after a lower high, more red volume and the indicators also going red.
This is all telling me that the SPX can crash if 3000/3020 (EMA50/MA200) breaks.
The tendency is now lower... What's your take?
Thanks for reading.
Namaste.
Cardano Retrace Round 2 (Bearish Divergence)Here we go again...
Cardano (ADABTC) might have peaked.
We have strong bearish divergence with the RSI and MACD.
The divergence is marked here with a purple line.
Notice ADABTCs price closing higher while the MACD and RSI are closing lower.
The colored dashed lines (grey, green, blue) on the chart are the main/strong support levels where ADABTC can find support if prices drop.
We also have a pattern looking similar to a rising wedge.
When we have a falling wedge, a jump normally follows... With a rising wedge, a drop can come next.
Namaste.
Bitcoin (XBTUSD) Short-Term Bounce Over?In my last post on BTCUSD Daily (D) timeframe, I mentioned a bounce to later resume the drop...
See it here:
Now, I believe the bounce is now over based on the chart above.
We have a broken rising wedge.
A strong bearish cross on the MACD.
And a close below EMA10.
These signals are sending prices lower short-term... Do you agree?
Let us (me and my readers) know in the comments section below.
Namaste.
Bitcoin (XBT) 4H TimeframeHere we have another view at Bitcoin (XBTUSD) but this time on the 4h timeframe...
We have multiple lower highs...
We also have some higher lows but the EMAs and MA200 give away the tendency...
If prices were trading above MA200, we would be strongly bullish but in this case, we see prices trading below MA200 (black line) on top of other bearish signals.
The MACD is curving and about to print a bearish cross... The RSI is still strong but aiming lower like the STOCH.
Prices for Bitcoin (XBTUSD) can drop.
Namaste.
Dogecoin (DOGE) Another Try At ResistanceDogecoin (DOGEBTC) has been consolidating in a triangle pattern since hitting a low in September 2019... The chart remains bullish.
We have a higher low recently compared to Sept. '19 and also a recent volume breakout.
EMA300, the bold grey line, is where resistance is being faced... As soon as this level is taken out, we will see massive growth with this pair like other altcoins are doing.
The longer it takes for the bullish breakout to happen, the stronger the jump.
Namaste.
NAV Coin (NAV) Shows A Clear/Strong SignalNAV Coin (NAVBTC) Chart Signal
Look at this huge candle marked with a yellow circle on this chart... This is a strong reversal signal.
Look at the strong volume.
Look at the MACD and RSI...
All these signals are pointing up...
Get the picture?
NAV coin (NAVBTC) is now looking bullish after 'shaking out' weak hands.
This pair can print green after yesterday's candle.
This is not financial advice.
Remember to always have a plan before you trade and do your own research.
Diversify.
Namaste.
DigiByte (DGB) Might Go Lower...I shared this same chart on the weekly timeframe mentioning that bullish action is still possible...
Looking at the daily, I am getting the signals and feelings that DigiByte (DGBBTC) might go lower before doing more up.
Of course, the chart is technically bullish with prices trading above EMA10... But we are seeing lower highs, low volume, and the MACD starting to curve.
Patience is key I always say... Let's wait until we have a clear set up before we buy again for the next run.
For the first run, we booked over 300%+.
Namaste.
Aeron (ARN) Perfectly Bullish, Goes For More |Next Target MappedAeron (ARNBTC) cements its uptrend by printing a higher high... This is a very strong signal.
Higher highs and higher lows are what we are seeing here with bullish indicators.
On this chart I would like to show the next target, sitting at 20% from the current price followed by 68%.
Previous chart | Jun 7
Remember to hit FOLLOW if you want to receive updates on these charts.
Namaste.