BITF will pump hard (but not yet) - 270 % profitBITF similary to other bitcoin mining stocks has been in a downtrend since 2021.
Bitfarms Ltd., founded in 2017 and is one of the top Bitcoin Mining Companies.
The price is approaching our buy zone. We expect one more drop to retest lows from 2020 and next the accumulation phase before the explosive move up.
RSI on weekly is already pretty oversold but taking into an account bearish sentiment overall, most likely we see one more drop.
In our opinion this stock is very undervalued now. Once crypto market starts recovering, we expect this stock to recover fast. Bottom for crypto market may be not far away (Many analysts believe that the bottom on BTC will be around 10k-12k $) therefore accumulating BITF may be a good idea too.
Good luck
Bitfinex
🅱️ (₿) Bitcoin Sideways | You Deserve To Succeed!While we wait for a breakout or breakdown, depending on your bias, we tend to forget that there is one more scenario that can develop and it tends to happen when everybody is on edge... Bitcoin sideways.
We can see/have a sideways bitcoin until mid-January 2023 or 12-January.
At this point we can see the bulls win the game... But why?
Because Mars moves forward/goes direct! 😅🤣
Remember to Boost!🚀
Thank you for your continued support.
You are appreciated now and always.
You are perfect just as you are...
And remember, it doesn't matter if you have committed mistakes in the past, if at the present moment things are not as they "should" be, whatever is happening, you will always deserve the best!
Namaste.
🅱️ Bitcoin Daily Bullish Divergence (85% Jump Mapped!)Have a quick look at the daily RSI for bitcoin...
Compare 18-June to 9-November and we have a very strong, clear higher low.
When we look at BTCUSD it is clear we have a lower low and that's a strong divergence with the RSI for you.
Another signal that we've been looking at is volume.
We looked at volume on the Ether (ETHUSD), Dogecoin (DOGEUSDT) and Ethereum Classic (ETHUSD) charts.
First, notice how the green bars are bigger than the red bars in general.
Then notice how volume is going lower as prices drop.
The bears are losing momentum...
As the bears lose momentum the bearish trend stops and comes to an end.
We get a reversal/recovery and we see bitcoin move up next.
Thanks a lot for your support.
Remember to boost. 🚀
Namaste.
🪐 Bitcoins Connection To The Stars, Do You Believe In Miracles?Do you believe in miracles?
What constitute a miracle?
Something impossible happening?
Something improbable or something out of the ordinary?
Something extra-ordinary?
Or maybe just something that is not expected... That too can be considered a miracle.
I am talking about miracles because that's what we need to see things change/turn.
And things are turning for sure.
Jupiter...
Jupiter is a planet/wandering star, depending who you ask.
Jupiter has been moving backwards...
You know how the moon affects the tides and human emotions?
Did you know that when the moon is full people are more active, outgoing; wild emotions?
Meanwhile, when the moon is new/empty, people are more passive and laidback.
The same happens with the sun.
When the sun goes out, most of the life in our world also decides to retire for the day.
The Astros/luminaries affect us humans.
This is a well known fact, ask our beloved scientist.
The stars/planets are just like the moon and sun but the influence is more subtle as they are farther away, yet they still influence us and that's what I want to get at today.
On the 20th December Jupiter goes direct.
It goes direct in Aries.
It has been moving backward (retrograde), it stops and then goes direct.
Just as the sun and moon, this will have a strong effect on the human beings.
This will affect strongly our behaviour, our consciousness.
The market is affected by human emotions and psychology.
Humans affect the market.
The market has been going backwards...
Let's see if Jupiter can do its magic and help us experience some sort of change.
Jupiter is the bringer of gifts, wealth, abundance, expansion, success, luck!
This energy is supercharged by Aries, the first sign of the zodiac...
I'll let you do your own research for the rest.
Thank you for reading.
Remember to boost 😄👍🚀
Namaste.
📰🗞 Cryptocurrency Bad News | Solution ExplainedThese are just some of the negative headlines in the last 12 hours:
FTX CEO Bankman-Fried Arrested on Fraud Charges
Over 6 Billion Withdrawn from Binance
Former SEC Official Says Binance's Finances More Opaque Than Those of FTX
2022 Rug Pull Report: 350 Crypto Scam Tokens Developed per Day
Ripple Scam Alert: There Is No XRP Staking Program
Former BitMEX CEO Sues Company for Breach of Contract
Ledger Partners Changelly and Wyre Allegedly Freeze User Funds for 'No Reason'
FTX Collapse Effect; One Time Crypto Fans Now Leaving the Industry
Crypto Graveyard: 900 Cryptocurrencies Listed Each Year Bite the Dust
Has it ever been this bad?
While this is happening, some authors are even writing about Jupiter and Astrology and relating all this to Bitcoin/Cryptocurrency... Completely delusional, see below:
🅱️ 🪐 Bitcoins Connection To The Stars, Do You Believe In Miracles?
Is there a silver lining?
Is there any hope for the cryptocurrency market or are we all forever doomed?
Remember the headlines last year around September, October, November (2021)?
Image of Rock Sells for US$30M.
Same Image of Rock with Different Number Sells for US$24M.
Virtual Space on Crypto-Blockchain Sells for US$100M.
Bitcoin Headed for $500,000.
The Ethereum Merge, The Best Invention Since Hot Bread!
Bitcoin, Ethereum, Litecoin, Dogecoin & ShibaInu To Be Recognized As Legal Tender In Mars.
... And then the strongest bear market in the history of cryptocurrency started to develop.
When we are hitting new highs, new All-Time Highs, there is lots of excitement, euphoria and the news are great.
When we are hitting new lows, All-Time Lows, the bottom, lots of fear, despair can be easily witnessed all across.
Out of crisis, opportunity grows.
Once we hit bottom, the only place left to go is up.
The silver lining is this...
The uglier it gets, the closer we get to the change of trend.
Stay strong.
The market will reward courage, loyalty, persistence, consistency and long-term support.
We've been here before...
This is not the end.
This is just a phase!
Everything can change fast, without warning in a matter of days.
Thank you for reading.
Remember to boost, comment and like! 😄👍🚀
Namaste.
Bitcoin Performance In January Since 2012 + Bottom Signal- Back in December 2017 bitcoin peaked hitting an All-Time High and bottomed December 2018 after 365 days.
- Back in November 2021 bitcoin peaked hitting a new All-Time High and hit a multi-year low November 2022 after 365 days.
After the 2018 low was hit it took three months of consolidation before the bullish breakout/start of bull market.
Following this same pattern, three months consolidation would put us in late March for a bullish breakout/start of bull market... If the same pattern repeats.
The bottom is not yet confirmed as it can take 2-3 months for confirmation after a new low is hit yet the long-term downtrend has been broken as shown in the article below:
🅱️ Bitcoin Breaks Free - Major Nov. 2021 Downtrend | Linear Scale | 15-Dec-2022
This article is also relevant for today's topic:
🅱️ Bitcoin Bear Market Bottom + Recovery (1-5 Months) | 17-Nov-2022
Bitcoin's performance in January since 2012
This is how bitcoin has been performing every January for the past 11 years.
January 2012 (+15.72%)
January 2013 (+54.53%)
January 2014 (+8.92%)
January 2015 (-33.04%)
January 2016 (-14.80%)
January 2017(-0.04%)
January 2018 (-25.43%)
January 2019 (-8.53%)
January 2020 (+29.95%)
January 2021 (+14.51%)
January 2022 (-16.70%)
What is your opinion about this?
Leave a comment.
Namaste.
🅱️ BUY THE DIP! Less Than 400 bitcoins will be Mined in 2023The correction that started after the Fed Fund Rate hike is on-going as expected, this is a great opportunity.
Less than 400 bitcoin will be mined in the year 2023.
Less than 250 bitcoin will be mined in the year 2024.
Only 165 bitcoin will be mined in the year 2025; the year of the next bull-run...
These numbers will continue to decrease exponential.
There are many reasons why buying bitcoin is one of the wisest thing to do for your financial future but we tend to focus on the short-term.
Well, buying bitcoin is also a good idea short-term because of what is coming in early 2023.
(Read in full below)
🅱️ LONG bitcoin Feb. until 2023 - PART II | Strategy
Just a reminder that nothing is new here...
Buy when RED, sell when GREEN.
Just BUY THE DIP!
All of them!
Namaste.
Bitcoin Breaks Free - Major Nov. 2021 Downtrend | Linear ScaleHello my dear cryptocurrency trader, good news we are sharing with you today.
Looking at the linear scale on the weekly timeframe for bitcoin, a major downtrend has been broken.
This is the downtrend that defines our bear market.
While the action taking place after this break has been weak, simple sideways consolidation, we have another signal that goes in our favor.
Bullish divergence with the RSI.
Chart:
- In this chart, the RSI clearly shows a higher low in November vs June.
- While BTCUSD produced a lower low.
Being the weekly timeframe this is a strong signal.
Divergences tend to show up at top/bottoms, resistance/support.
Potential Targets/Resistance Levels
- The immediate resistance is set at $18,000 as EMA10.
- The easy target is set at the $20,000 - $21,000 range in the coming weeks.
- There can be more, bitcoin can hit $24,000 and even $27,000 in the short-term.
This is all in the chart.
See the "Related Ideas" for a full strategy to maximize profits on this upcoming bullish wave.
Remember to do, feel, think and express yourself in whatever way you want.
Remember to be yourself.
Thanks for the follow.
115,000+ (Amazing, it is all thanks to your continued support).
Namaste.
🅱️ LONG bitcoin until Feb. 2023 - PART II | StrategyUpgrading strategy article PART II...
LONG bitcoin with clear time perspective.
We've integrated hundreds of books.
Lots of material knowledge.
A new level of awareness in the physical plain.
A higher state of being.
Can be shared. You can benefit by reading only.
Deep breathing - during & after.
There will be corrections and retraces, completely normal and inevitable.
The meaning of bullish will be higher highs and higher lows.
21-November a low was set and that's our starting point.
Hundreds of altcoins pairs went ahead: bitcoin follows.
The charts shared through late November/early December work as confirmation.
Alan Santana's TradingView profile.
1- We share chart analysis based trade ideas, where we share our view/opinion and read the charts.
2- We also share trade signals, where we share specific numbers.
Understanding the difference is important for successful trading.
Better understanding/Eliminate any confusion:
Set intention and read all articles shared for at least 90 days, 180 days preferably which is between 3 to 6 months.
By that time a clear picture as to how things work is formed.
Our latest Bitcoin trade signal (below).
1- If the stop-loss is activated the trade is over (loss).
2- As long as prices remain above the stop-loss the trade is valid (active).
3- Targets being hit, indicates success/profits (win).
Bitcoin Goes Bullish (Easy 333%+ Potential 10X Lev.) | 23-Nov-2022
Notice date. Clear numbers.
How to approach the targets, when to sell, how much to sell...
Homework and there are many different ways.
Depends on your finances, risk tolerance, trading style, goals, etc.
LONG Bitcoin until February 2023 | STRATEGY
General idea/strategy, take advantage of the bullish wave that is developing.
High risk gives high potential for rewards.
No risk = no rewards.
Jump in early gives higher risk but also the potential rewards higher.
Basic trading reality.
An edge is needed for success trading.
Some are great at fundamental analysis, others have insider informations, can read on-chain transactions, others are good at technical analysis, etc.
We specialize in reversals/trend changes.
Not always get it right and don't even try to, but that's what we do.
Will give a full example below but first the strategy.
STRATEGY:
Buy everything, all the time always, over and over until at least early January.
Ride the wave, UP, by February you should consider selling, depending on trading plan, how the chart is looking, etc.
In anticipation of the final bearish wave.
Buy the dip, buy the breakout, buy the sideways consolidation...
Buy, buy, buy, buy, buy; accumulate.
Once prices go up, you receive validation and accept your choices.
Fear is detrimental to your success.
You decide to act now, depends on you.
Don't Need To Win Them All Example
To make money trading you have to trade.
To trade a preparation phase is needed.
It can be extremely simple.
Targets and a stop-loss.
Below the stop-loss. That's a loss.
If it goes up, that's a win... It doesn't get anymore simple than this.
Our stop-loss can go from 10%, sometimes even 5%, all the way to 20% and sometimes even 25% and even 30% on some long-term trades.
Why am I sharing all of this?
Might be useful.
Give & Receive!
Karma.
EXAMPLE:
- 10 trades; Diversification recommended.
- 10 trades at $1,000 each. Bitcoin. $ Value easier for the example.
Total capital for this session is $10,000.
- 7 trades go bad.
They move down, crash and you activate the stop-loss.
For simplicity, we use 15% average.
$7,000 (7 trades) - 15% ($1,050) = $5950.
3 trades remain active and are doing good.
- $3,000 (3 trades).
One trade grows by 50% (profits).
Another trade does 250% (profits).
And one last trade, the good one, went on for 500% (profits).
This happens often within the cryptocurrency space.
When you persist,
When you diversify,
When you have patience,
When you study,
When you trade.
3 trades
- 1 trade gives you $1500 (50%).
- 1 trade gives you $2500 (250%).
- 1 final trade gives you $5000 (500%).
$6,000 (profits) + $3000 capital = $9,000.
$9,000 (win) + $5,950 (losing trades) = $14,950.
~50% profits in a session with 7 bad trades.
Easy to have 5, 6, 7 and even 8 positive trades out of 10.
Some trades hit multiple targets then retrace.
Most hit target because of bottom prices; No targets still low risk when buying near support.
This is just an example.
It is important... to keep it simple.
It is important... to write down your plan.
It is important... to practice and follow all the way through.
If you don't stop the bad trades, the numbers will get screwed... resulting in long-term loss.
Plan before buying.
Do your own research before trading.
This is not financial advice.
This is experience, can't be bought.
You are responsible for your actions.
Make sure to share with others your success, your strategy, your learning after your plan comes through.
Share in your desired way.
Share; we appreciate it.
Everybody has a different plan.
Everybody has their own style and their own system of trading.
Not everybody is trading.
Most of the people are playing around, that exist.
Most of the people are just sharing charts, that's also ok.
Traders tend to trade.
- We show the numbers.
- We share the trades.
Some we win, some we lose, TradingView charts cannot be faked.
Ethereum, another example from 23-November-2022.
125% profits, 1 target hit. See below, hit play.
Even if a trade goes bad, you can try again, again and again.
Endless opportunities.
- On the downside maximum loss potential is 100%.
- Limitless is the upside... Think it over...
Read again.
Namaste.
LONG bitcoin until Feb. 2023 - PART IOk... Are we in?
The current shakeout isn't likely to last long.
We are open to seeing it go further until 20-Dec 2022 but believe otherwise. We are open.
Even before it is completed you can apply strategy in PART II.
Bitcoin is set to grow in the form of a relief rally or upward correction, name is irrelevant, until February 2023.
Reaching this date in the new year, we start to experience the potential development of the final drop to set the Cryptocurrency bear market bottom.
The change that comes afterward we have been defining as "sustained, long-term growth".
Our view of the market; can be right, can be wrong. Not necessarily.
Higher highs and higher lows for years to come. The uptrend/bull market.
The bottom can be set between February and March 2023 based on current data.
Adjusted prediction after integration of new data.
Either early February or late March next year.
Conventional systems trying to delay bitcoin's growth in value.
Traditional players already positioned, want more control of new system.
They can also play. Nature will decide.
Comment not required for high net-worth individuals.
Everybody in between can leave a few words. Game changer possible with your support.
You are appreciated.
If you feel yourself as positive, we like you you.
If you feel yourself as negative, we accept you.
We are open to both sides and been on both sides.
We accept and enjoy all criticism in all forms.
We will do our best.
Spiritual greeting, no need for special meaning... Namaste.
P.S. Wait for PART II of this article... a full strategy, intention is full profit from the upcoming bitcoin bullish wave.
Real numbers example, real trades as proof.
The experience we've accumulated after many years of trading, made yours; resumed.
Please allow the sharing of key with you to future success.
Bitcoin Moving Above EMA50, Tomorrow Last Hurdle To $21,000Today bitcoin is moving above EMA50 for the first since the early November breakdown.
EMA50 is a very important level and we use it to gauge midterm bullish potential.
Moving and staying above this level can signal 1-3 months of relief rally ahead...
Not so fast, it all depends on how the market reacts tomorrow after the Feds meeting but if there is a crash, we expect a fast recovery nonetheless.
Some of our active trades:
XBTUSD 10X (1 target hit)
ETHUSDT 8X (1 target hit)
EOSUSDT 8X (Active)
ADAUSDT 8X (Active)
XRPUSDT 8X (Active)
Thank you for reading.
Namaste.
Something Like This... Sell Now Buy After Dec. 15If we calculate a 2 years long bear market, we should see bitcoin's bottom confirmed by April 2023.
Normally 3-4 months before the 2 years are complete, to allow some time for the recovery phase when we switch from bearish to bullish.
So around December 2022/January 2023.
We are very close to the bottom...
Do something like this... Secure some profits RIGHT NOW, wait for the "doubt" period to be over and buy back in after December 15 (short-term move).
December 20, the picture can very clear. Patience is key.
One final drop.
Bitcoin will bottom before TradFi; please keep that in mind.
We have the first major signal early November when the SPX and the bitcoin correlation weakened.
Here is another prediction, bitcoin and the SPX will detach...
If not in 2022, in 2023 for sure.
Namaste.
Bitcoin 2023 |Fed Interest Rate Hikes & The Consumer Price IndexInflation is the keyword and we know how Bitcoin reacts negatively to the Fed rate hikes and inflation statistics nowadays.
But...
The CPI numbers will be revealed 13-December, the Feds meeting happens 13-14-December.
This will affect Bitcoin and all markets negatively as it has been doing in the past but we expect a fast, strong and swift recovery right afterwards.
We can expect something like this:
1)
2)
3)
What's important really is what happens after mid-December.
After the shakeout.
We can see GREEN start to develop mid-December and give us a break for the rest of the year and a fresh start to 2023.
Bitcoin, we start GREEN in 2023.
Namaste.
The Graph Goes Bullish | 75% Potential Short-TermThe Graph vs Bitcoin (GRTBTC) is breaking out of a strong downtrend confirmed by the RSI, volume and EMA50.
EMA50 because it moves above this level today; Confirmed.
RSI very strong at 60+; Confirmed.
Volume breakout with two consecutive days green... Confirmed.
The down-trendline is also the upper boundary of a major falling wedge.
Another strong signal in favor of the bulls.
Early 2023 goes GREEN!
Thank you Crypto!
Namaste.
EOS vs Bitcoin Weekly | 200% to 330% PotentialWhat a beautiful early start to the weekend... With the cryptocurrency market starting to turn green.
EOS is one of the classic Altcoins projects and a "safe-bet" for the long-term.
Here we are looking at it vs Bitcoin and we see solid growth potential.
We have a perfect falling wedge pattern which is always bullish.
This falling wedge pattern ended in a low June 2022.
In early November we have a higher low and new bullish signals are starting to develop.
We have a bullish divergence between EOSBTC and the RSI.
We also see prices moving above EMA10 this week.
The USDT pair is also/already going bullish.
Bitcoin is sure to grow.
We see an easy 50% target on this chart setup.
We see 200% possible mid-term.
It can go even higher and hit a total of 330%.
It seems that June we will mark the bottom for this Altcoin; we will see.
Thank you for reading.
Namaste.
Bitcoin SV vs Bitcoin Is Preparing For A Bull-BreakWe know how the whole Bitcoin Cash is going to take over Bitcoin sage ended... We don't know who owns what, whos winning or whos losing.
We support cryptocurrency, we like the concept, the idea, the innovation, the freedom it gives and also the alternative that it is.
More cryptocurrencies is better for us.
More Altcoins is good for us, for the end-user, those of us that live on Bitcoin/Crypto and use cryptocurrency on a daily basis since 2015.
All expenses paid in crypto for many years before.
We love Bitcoin.
We also love Bitcoin Cash and we are so glad we have more than one option.
We also love Litecoin, the Merge, Cardano and all the rest.
We see Bitcoin SV, we lost track of the whole game but we also like it as an alternative coin, the more the better.
If one fails, the other can take its place.
If one is lacking a certain feature, a different one can provide this feature and we can all choose and use what we prefer.
We can always use them all as we do now.
Bitcoin SV vs Bitcoin (BSVBTC) has managed to stay above MA200 as well EMA10/50/100.
The only barrier missing based on the moving average indicator is EMA300, gray line on the chart.
The strong green candle 28-November is the give-away.
This candle gives away what is about to happen.
This candle removes overhead resistance and prepares the terrain for growth.
Ever since the June wave BSVBTC has remained strong with little correction/strong consolidation... After the consolidation phase comes the bullish jump.
We expect additional growth.
Based on the charts signals of course.
Namaste.
The Bitcoin Bottom Is In (No Click-Bait Tile, Read)My dear cryptocurrency people, the worlds future money elite, smart and wise, ahead of your time... That's what you are, ahead of this game, smart, beautiful and strong.
Let me tell you that with all this chart reading, technical analysis, calculations, predictions and guessing, yes! much guessing... We can forget something really simple.
The Bitcoin bottom can be set already.
We were clearly expecting the capitulation that took place in June.
Everybody predicted this easily many months ahead of time.
After this capitulation, we were waiting only to see if November/December would give us either a higher low or a lower low before a change of cycle.
Back in 2018.
Bitcoin lost its support in November and bottomed out by mid-December.
Present time 2022.
Bitcoin lost its support in November and bottomed out by mid-December?
If the Bitcoin bottom is not yet in, we should see it happen within a week.
It should be very close or already in the past.
This bear market has been going longer than last time.
Dec. 12 was the specific date that we shared in a previous analysis...
But it is hard to know exactly.
By Dec. 20 2022, we will have a 100% clear picture that's for sure.
But start adapting/changing, we only have bad news, a very strong and negative feeling all across the market and that's normally when things change.
Namaste.
Bitcoin and the SPX Detach 5-Nov. (Good News)We can see Bitcoin and the S&P 500 Index detaching around the 5th of November, a month ago.
This is an important development because while the SPX moved higher, BTC went down and hit a new low.
The TradFi market is not looking good in the mid- to long-term.
Seeing this two detach is positive as Bitcoin cannot be bound by the decisions of the Fed.
Bitcoin is borderless, international, the Fed is only USA.
If Bitcoin remains correlated with the SPX, then it would have to stay in a bear market for multiple years more.
Even though have were correlated for a while, we are already seeing evidence of this correlation ending.
Bitcoin and Cryptocurrency was invented as an alternative to the conventional markets.
Bitcoin is here for the sole purpose to protect us, to give us a different choice, a different option, and alternative, in case the conventional markets go belly up.
We can expect Bitcoin to do its job.
When the worst TradFi bear market in our lifetime shows up, it is very likely that cryptocurrency will still be here and will become the peoples choice.
Let me say this, the bottom might not yet be in, it really makes no difference to us.
But we are 100% certain that Cryptocurrency will bottom many times faster than the TradFi market and by the time TradFi bottoms crypto is going to be way up.
It is good to see the SPX and BTC detach because the Fed can continue hiking the interest and this can crash the entire market.
If BTC and the SPX are not moving together, then the rate hikes might not affect BTC.
Just like we are seeing now, more bankruptcy, more bad news, yet Bitcoin continue to do its own thing while many Altcoins have already bottom and have started to increase.
Late 2022/early 2023 the bottom is confirmed.
Mid 2023 the new bulls confirmed.
2024 Full bullish wave.
Late 2025 Bitcoin peaks.
Before the next bearish wave we will have a relief rally.
Thanks a lot for your support.
Namaste.
Bitcoin Weekly | MA Analysis Points To $24,000 and $27,000+For the first time in its history Bitcoin is trading below MA200.
Bitcoin has never traded below this level since its inception until the year 2022.
MA200 normally marks the bottom of the bear market.
Let's look at it from a different perspective.
You know how a resistance level needs to be tested as support once conquered before any additional growth can happen on a crypto pair/chart?
This surely also works the other way around.
A support level, specially a strong/historical one, needs to be tested as resistance before any additional bleeding can take place.
This is another signal in favor of my predictions, Bitcoin relief rally...
Feel free to boost and comment, let's continue!
As MA200 was lost in June 2022, it was quickly tested as resistance in July/August and it held, sending Bitcoin (BTCUSD) to a lower low.
The lower low took place early November, followed by two Dojis, indecision/reversal candles and this week we have early signals pushing prices up.
The next easy target is set at $18,290 or EMA10.
There is another resistance level in the range of $20,750/$21,2450 but this is not what we are looking for.
MA200 is next sitting at $24,150 and we see Bitcoin easy moving back up to test this level, or even higher, on the next bullish jump.
We continue to see bad news across the market.
We have options expiriing yet Bitcoin remains stable, no new lows.
EMA50 hasn't been tested as resistance since March, so Bitcoin can even go beyond 21,000 or 24,000 and hit $27,000 on the next jump.
That's what I see coming from this chart.
Thank you for reading.
Happy Sunday.
Thanks for the support.
Namaste.
Filecoin vs Bitcoin Targets (48% to 150% Potential Next High)Filecoin vs Bitcoin (FILBTC) gave us an early signal 27-November with a very high volume day, the highest since July.
Today this pair moves above EMA50, after a higher low with a strong RSI.
Using the Fib. extension tool we extracted the following targets, short- and mid-term.
The easy target is set at 48% around 0.00040180, followed by a higher high compared to August of up to 150%.
The higher high target price in Bitcoin would be around 0.00067988.
You can see the chart for additional details.
Namaste.
Loopring vs Bitcoin 114% Potential Mapped | Great RRRLoopring has been in an uptrend for almost 3 years vs Bitcoin.
As I mentioned in the Decred vs Bitcoin (DCRBTC) article, higher lows lead to higher highs...
Now, for LRCBTC the low was hit around January 2020.
And we have a very strong uptrend/bull market, higher highs and higher lows ever since.
We are looking at the action that has taken place recently since the May 2022 low.
After this low and the current the day, the indicators and signals are flashing green.
With a bullish break above EMA50 30-Nov., LRCBTC price can now continue to increase.
We also have 3 consecutive green candles, another bullish pattern, with a strong RSI... These signals are enough for me.
As usual, we look for pairs BEFORE they start to grow strong.
In this way we can extract trades that are low risk with a high potential for reward.
In this case we would use a tight stop-loss of less than 10%.
While the pontetial targets go beyond 111%.
Think about it... This is a great Risk Reward Ratio.
Trading is a numbers game.
Namaste.
Bitcoin $21,650 Followed by $26,420 vs Altcoins BTC PairingsWe are seeing some early action on the Bitcoin chart pointing towards higher prices... This is something we have been expecting and went LONG 10X (See below):
The question we would like to answer now is about the potential targets... How far up can Bitcoin go on this bullish wave?
We can see the first, easy target set at around $21,500.
This is an easy target for Bitcoin to hit on the way up.
The next target is sitting at EMA300 or $25,000+. Around $26,400 to be exact.
This is in the short-term.
How will this affect our beloved Altcoins?
The Altcoins are set to grow together with Bitcoin but not the BTC pairings.
Many of the BTC pairs for the altcoins we enjoy have been growing since June this year, some even since May.
After such strong bullish action they are set to enter a strong correction once Bitcoin moves ahead.
On the first strong move up by Bitcoin these Altcoins can drop in the range of 20-30%.
The ones that already produced strong growth.
As Bitcoin continues on its way up, these pairs, ALTSBTC, can continue dropping to 40%, 50% and maximum around 60% for some.
They will still end up in higher lows but be aware...
You should be selling on the way up on these pairs or prepare for this move that is soon to take place.
I hope you find this information useful.
I hope that Bitcoin grows for many weeks before the next bearish wave.
Thanks a lot for your support.
Namaste.
$BITCOIN SHAKE DOWNSo who was long? Alot of people put their longs in before the dump. Even Crypto Face. How many times does this have to happen before we learn that we are still in a bear market BUT near the end.
It didn't break above the top purple line and was getting bearish fast. That's what you have to look out for in situations like this. We knew it was about to do something. So we wait until that thing starts happening and we go with it. It's like catching that perfect wave. Just have to patient but ready, quick and vigilante about it all. The Four hour was bullish af BUT the smaller times were a bit in doubt. So when in doubt.. so you think what might happen in high hopes and go with your feelings and emotion but get rekt. Every time.
The big pumps will come.. for a merry Christmas? Who knows But they will come. Don't get discouraged by getting broken down. The green days are close.
Best of luck. 👍