Bitfinex
BTCUSD-HOW TETHER PRINT AFFECT ON BTC CHART.drag mouse over note for real number
orange: 10-50 million
green: 50-100 million
blue 100-150 million
black: 180-500 million
red: wipe out
Bitcoin Breaks Descending Channel, Trading Above ResistanceBitcoin (XBTUSD) broke out of a descending channel and is now trading above EMA200.
The immediate resistance is now at $7155 or EMA300.
Prices for XBTUSD can range between these two levels until one breaks.
We are of the bullish perspective as we just broke the descending channel and have bullish indicators.
If EMA10/EMA200 fails as support, we go bearish on this chart.
Thanks a lot for reading.
Namaste.
XRP vs U.S. Dollar, Bulls Gain Momentum, Next Target MappedRipple is now looking bullish vs the U.S. Dollar.
Most of the altcoins are starting to show growing volume today, it is starting to look good.
Now, let's get to the chart.
We have XRPUSD bouncing off the lower end of this orange channel we've drawn on the chart. At the same time prices are moving above EMA10 with a bullish RSI.
We also have the bullish engulfing candlestick pattern in play.
If prices close above EMA10 today, XRPUSD is very likely to continue growing and hit the upper end of the ascending channel.
Do you agree with this analysis?
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Namaste.
ETHUSD Perpetual Futures Contract Goes BullishEthereum starts to look good vs the U.S. Dollar (ETHUSD), its price is now facing resistance, let's see what the chart has to say.
A strong bounce is taking place today after 8 days of retrace, just a little over a week.
The trading volume is coming in for ETHUSD, but still average.
Prices easily moved to pass EMA10 (green) and EMA50 (magenta).
Prices are now stuck below EMA100 (blue) and MA200 (black).
If EMA100/MA200 can be conquered today, Ethereum is very likely to continue higher and hit $185 followed by $210+.
If EMA100/MA200 rejects the growth as it happened in early April (yellow), we will test the different support levels, marked with blue dashed lines.
Here we have the ETHUSD daily timeframe chart fully mapped.
Conditions for change
The direction can still easily change. These signals are only confirmed at the end of the day (when the candle closes).
Thanks a lot for your support.
Namaste.
Ripple IdeaI don’t like Ripple, and from what I hear, Ghandi once said he wasn’t a fan of it either.
Here’s a chart, though =)
Bitcoin Going To $8000+ Next Or Higher? See InsideBitcoin (BTCUSD) was rejected at EMA50 just recently but today prices are moving back above EMA10.
If EMA10 can be conquered today, prices closing daily above this level, Bitcoin will easily move higher and challenged EMA300/MA200 at ~$8000.
The early signals are starting to take form.
Let's take a look at the 4H timeframe below:
Here we can see prices for BTCUSD moving below EMA100/200 just to quickly move back up.
We have increasing volume.
We can also see a strong bullish cross on the MACD and also a bullish/strong RSI.
Conditions for change
If prices drop and close below EMA100 at $6860, the above early signals become invalidated. (Meaning that prices are likely to continue dropping)
We are long since $5900-$6300.
If this movement continues to develop, we prepare to hit our next target.
Where do you think Bitcoin is headed?
Share with us in the comments section below!
Namaste.
TETHER CAUSED RISE TETHER WILL CAUSE CRASHAfter MtGox crash ended another wave of BTC rising. With the advent of tether (USDT), bitfinex became the new flagship of the crypto market. Bitfinex became like the FED in crypto. They printed exactly as many USDTs as they wanted not provided with absolutely nothing. Thanks to complete lack of control tether has become the main engine of price movement to 20k in 2017.
2 years passed the price for bitcoin fell 3 times and the number of tether increased by 6 fucking times. Dozens, maybe hundreds of thousands have left the crypto market forever since the beginning of 2018 and the tether volume has grown by almost an order of magnitude. What is this mean? This indicates a huge deception on which the whole market is now holding. And no - these are not instuitionals.
This growth wave was STARTED thanks to tether, this growth wave will be ENDED just as well thanks to tether. The most important question is who holds the biggest amount of tether? Who is the next MtGOX? Are all these marginal shoulders, futures, options, CMC purchases made just for fun?
P.S. Do not forget that those who prints tether do not use widely USDT pairs in their bidding.
I have an idea!Bitcoin should have hit our downtrend line yet but it may still visit it. However, if it doesn't soon enough then I think the price will move down towards the 6.5k-6.7k region and then make a move towards the line at roughly around the 7k-7.1k mark where it will encounter heavy resistance. There we will find a massive low-risk short opportunity and high-risk long trade. The only invalidation would be this falling wedge I have drawn. That could pull down the price massively in a few large candles so I will see how that goes.
BTG BUY ZONESHere you can see good buy zones for BTG. Very soon will be a halving of it. So I think it can be positive for it.
I opened position at 5,94
Trade in profit!
Bitcoin Bearish Divergence With MACD (Support Levels Marked)We are looking at bearish divergence for XBTUSD with the MACD.
Candles closed printing higher highs, while the MACD printed a lower high, giving us a strong bearish signal.
We also have prices breaking below EMA300 and EMA10.
This one is only confirmed once the 4H candle closes.
What these signals are telling us that XBTUSD can test lower support levels.
These support levels are marked and highlighted on the chart.
Conditions for change
If prices move back up and close above EMA300, the above signals become invalid.
Thanks a lot for reading.
Namaste.
BTC - Flag - 2020-04-07Hello and have a good time.
The flag pattern has been around for some time.
But with the rising trend, prices are likely to rise.
Now we have to wait for it to rise from the symmetrical triangle or the flag.
It means crossing the line of support and resistance.
In my opinion, the price is more likely to increase than the price decrease.
I wish you the best.
Please follow me.
Thankful.
Move carefully.
Good luck.
Disclaimer: Ideas and comments are not a precise and 100% solution, they are only for help and guidance so you can choose the best option.
It is up to you to make a profit.
Ripple Vs the US Dollar Full Analysis (Another Bitcoin Chart?)Here we have the daily chart for Ripple (XRPUSD) and this one also looks like just Bitcoin (BTCUSD).
Prices are now challenging EMA50, just like is happening with Bitcoin, and we also have a slow but steady recovery after the March 2020 strong drop.
But, what happens next?
What happens next is for the market to decide, but I can share with you what the chart is saying right now!
With prices now safely trading above EMA10 (bullish) and challenging EMA50 with bullish indicator (Strong RSI and bullish MACD), XRPBTC can easily continue higher.
The next immediate resistance is sitting at $0.21392, which is marked on this chart by EMA100.
If 0.19553 gets conquered (EMA50), then we will hit EMA100 and higher... Our main target on this chart is MA200 at $0.23715.
Conditions for change
We know that charts are always changing and this analysis only reflects what is happening at the time of writing... So here is how this chart can change.
If prices move and close below EMA10, we lose the bullish momentum and the bears start to gain more control.
If the last low is broken, $0.11004, with good strength and volume, this analysis becomes invalid and prices can easily drop more.
If the last low is hit with a long-wick and prices move back up... We take it as a positive signal and remain bullish after the drop.
Thanks a lot for reading my friend.
I love you so much for your time, your attention and your amazing and continued support.
Namaste.
Tron (TRXM20) Hits Our First Target, Can Do More! (Trade Inside)We also shared for you a chart for Tron (TRXM20) with leverage... For advanced traders only since leveraged trading is super high-risk and requires lots of experience.
Also, if prices drop a trader can get liquidated and lose all funds.
If you are a beginner, stick to the altcoins, only after 1-2 years successfully trading altcoins, or if you have a good and stable life, you can try the higher risks options... Trading altcoins is super easy and low risk... Now, we are done with the tips.
Let's get to the chart!
Tron (TRXM20) broke above resistance and has chances of going higher... Of course, there can always be a retrace after a break of resistance, but if support holds we remain bullish.
We are LONG with Tron... Here is the full chart with the trade details/numbers...
THIS IS NOT FINANCIAL ADVICE.
Thanks a lot for reading.
Namaste.
Ethereum Classic (ETCUSDT) long.All description on the chart.
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EOS (EOSUSDT) long.All description on the chart.
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Bitcoin (BTCUSD) short.All description on the chart.
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Monero (XMRUSDT) short.All description on the chart.
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Tezos (XTZUSDT) short.All description on the chart.
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Bitcoin Still Chance to drop $5200...?#Bitcoin Current update:
#BTCUSD now struggle between Bear pennant.
Bear pennant mean 90% accuracy breakout downside but if upward side breakout then it would be very huge.
$6460-$6400 is Last Support for Bull. if any big time frame candle close bellow $6400 then I can expect $5800 and as well as $5200 also.
if Any candle close above $7000 then next Stop would be $7749 (already told you). and After $7749 next stopage Would be $9550.
Support: $6460/$5800 (keep in mind both support and watch our chart for latest all updates.
Resistance: $7000/$7749/$9555 (this is bullish Targets also.
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Thank you for appreciating me.
you can see our last all Chart on related ideas.
A Big Move Soon For Bitcoin Possible As we approach the end of the triangle it looks as if BTC might make a significant move. There is a good bit of resistance with the 200MA but it seems like Bitcoin has some room to run higher if it does break to the upside. 7.8K The first upside target, the downside we could see 5.4k or maybe even back down around 4k. Time will tell.
ETH/USD - key level the other day on a long, 1-hour shortshort
You can go long to a key level of $153.72.
or you might want to wait until you get to the $153.72 level and take a 2%-3% rebound from it.
Friends, thanks for your likes and comments!
Good luck with trading!
Bitcoin Bulls Gain Momentum, Where Is The Next Target?Bitcoin (XBTUSD) continues with a slow but consistent recovery from the strong mid-March drop, prices hit EMA50 ($7302) today.
EMA50 is an important level with the daily timeframe, breaking above it can send Bitcoin higher up.
Right now prices continue to increase but the trading volume is still low, so we need to be cautious as things can turn fast here with Bitcoin.
CHART SIGNALS
The RSI is looking strong above 50.
The MACD is still below zero but going higher.
We remain bullish as long as prices remain above EMA10 ($6518). If prices close below EMA10 daily, we start to look at the bearish scenario. Right now we remain bullish and expect Bitcoin to move higher.
NEXT TARGET
If EMA50 is conquered the next target will be around $7800 to continue quickly to $8500+.
SUPPORT
On a retrace, the blue dashed lines on the chart is where we find our first support.
Bitcoin can easily continue higher here but be cautious until more volume shows up.
The weekly chart is also starting to look pretty interesting, the weekly close Sunday will be really important as a strong close can give us a very strong signal as to where Bitcoin is headed next.
Do you agree with this analysis?
Share with us in the comments below!
Namaste.
