Ethereum (ETH) Below EMA10 Weekly, Lower Prices Coming...Just like Bitcoin, Ethereum (ETHUSD) will also resume growing but only after seeing lower prices.
It is normal to have a correction after such strong bullish action.
Here we can see that ETHUSD is already trading below EMA10 weekly, sending out a strong bearish signal.
(Note: Candle closure later today is needed for confirmation of this signal. ETHUSD most close below $1361 to confirm the bearish potential).
After we test EMA21 at $1050, we can see a bounce before lower prices.
The RSI has been trending lower strong and this week we have a full bearish candle.
We also have a volume breakout favoring the bears.
Visit my profile for the Bitcoin (BTCUSD) daily analysis as well.
Thanks a lot for your continued support.
Namaste.
Okex
Look At The Bright Side, Bitcoin Going To $65,000+ After HittingLet's look at the positive side and hit like...
Bitcoin is bearish after some really strong bullish action, but this is just a healthy correction taking place.
Yes, we see Bitcoin going lower since the 22nd of February but the trading volume is low and we continue bullish mid and long-term.
We are likely to see prices bounce to ~$50,000+ when EMA50 (~$40000/$41500) is hit.
Then we can have another bearish leg before the Bitcoin price can continue to increase.
At EMA100 we can fully reverse, what's your take?
Remember you can leave a comment if you have any questions or anything to share.
This is Alan Masters.
Thanks a lot for reading.
Namaste.
Look At The Bright Side, Bitcoin Going To $65,000+ After HittingLet's look at the positive side and hit like...
Bitcoin is bearish after some really strong bullish action, but this is just a healthy correction taking place.
Yes, we see Bitcoin going lower since the 22nd of February but the trading volume is low and we continue bullish mid and long-term.
We are likely to see prices bounce to ~$50,000+ when EMA50 (~$40000/$41500) is hit.
Then we can have another bearish leg before the Bitcoin price can continue to increase.
At EMA100 we can fully reverse, what's your take?
Remember you can leave a comment if you have any questions or anything to share.
This is Alan Masters.
Thanks a lot for reading.
Namaste.
Metaverse Dualchain Network Architecture (DNA) Mapped At 600%+About Metaverse Dualchain Network Architecture (DNA)
Launched on 09/09/2019, Metaverse Dualchain Network Architecture aims to form a parallel cross-chain structure with ETP to incorporate speed and security on the network, presenting a solution to the impossible trinity.
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The low is in for DNABTC (Metaverse) since late last year... We are witnessing a long consolidation phase for this altcoin pair.
DNABTC is now trying to resume the growth after an initial breakout in early February.
Its price is trading below EMA10 but still at higher prices compared to early Feb.
Moving above EMA10/21/50 would send a strong bullish signal and open the door for additional bullish action.
The next target is marked on the chart.
Thanks a lot for reading.
Namaste.
APIX Ready To Move (Next Target Mapped At 100%/200%+) We have APIXBTC here on OKEx and we can clearly see prices moving above EMA50 today (marked on the chart).
We also have multiple days with a bullish/green candle close, 5, and bullish indicators.
This is a very easy-to-read chart setup that can be traded at low risk.
The stop-loss can be set at 120 satoshis (we use manual stop-loss on the weekly timeframe below this level) and the targets are marked on the chart.
Remember that you need a plan/strategy before you trade.
Thanks a lot for reading.
Wishing you a great weekend ahead.
Namaste.
Spendcoin (SPND) Chart With Targets (135%+ Mapped)Spendcoin (SPNDBTC) is gaining bullish momentum and now breaking above EMA300.
EMA300 is the gray line on the chart.
This is the final EMA working as resistance as the rest are already below the current price.
Here I am showing mainly two bullish scenarios.
1) Closing above EMA300 can produce straight up.
2) Moving below EMA300 would signal additional consolidation before higher prices (curved green arrow).
The indicators are looking good and all the signals are favoring the bulls.
Note: You still need a plan before you trade.
What to do if prices drop?
When to sell if prices go up?
The targets and additional information can be found on the chart.
Thanks a lot for reading.
Namaste.
Ripple (XRP) Preparing Another Round (200%+ Potential Profits)Ripple (XRPBTC) is preparing for another round of green.
Currently, we can see prices moving above EMA10/21 while challenging EMA50.
We have a volume breakout today with bullish indicators, more is possible.
I have the next two targets marked on the chart.
200%+ Potential profits.
Namaste.
$60,000 or $65,000 Bitcoin Today? Can Go Higher!The excitement starts early today for Bitcoin (BTCUSD) with prices already reaching new highs.
How far up can we go today?
Since 5-Feb., we have $65,000 as our main target.
You can see it below:
And here:
But, we are already past $56,000 and bullish momentum is only building up.
We are very likely to hit $60,000 next.
We are going to $65,000 in just a matter of days... What's your take?
Feel free to hit LIKE and leave a comment now...
Namaste.
$60,000 or $65,000 Bitcoin Today? Can Go Higher!The excitement starts early today for Bitcoin (BTCUSD) with prices already reaching new highs.
How far up can we go today?
Since 5-Feb., we have $65,000 as our main target.
You can see it below:
And here:
But, we are already past $56,000 and bullish momentum is only building up.
We are very likely to hit $60,000 next.
We are going to $65,000 in just a matter of days... What's your take?
Feel free to hit LIKE and leave a comment now...
Namaste.
Bitcoin Hits New All-Time High | $55,555+ Coming As Predicted!Bitcoin just hit a new All-Time High now and we are already at $53,000... Many people said it wasn't possible but it is happening...
Make sure to hit LIKE now to get started!
Bitcoin continues to move higher (BTCUSD).
Right now, we are looking at the 4H chart and everything continues to look great.
We have the BTCUSD price safely trading above EMA10, EMA21, EMA50, and all major EMAs.
We have low volume as a continuation signal.
We are at new highs, no resistance, we enter the price discovery phase.
The MACD is really strong and shows room for additional growth.
The RSI is also doing really good, high up, trending higher, also showing room available for more.
We will surely get to $55,555+ on the next jump & beyond.
Visit the related articles below for more targets, up to $100,000, and remember to HIT LIKE to show your support.
Thanks a lot for reading.
Namaste.
Ethereum Aims At $2,222 Next But Can Go HigherJust like Bitcoin (BTCUSD), Ethereum (ETHUSD) is showing a full bullish chart.
We have prices trading above EMA10.
A positive count on the TD Sequential.
The MACD on the bullish zone, high up.
A very strong RSI.
These signals are all present on the daily timeframe, meaning that they are strong.
The next target is set at $2196.
Followed by $2640 depending on how the previous level is handled.
We can go all the way to $3363 if the market conditions are right.
The support levels go as follow:
1) $1830
2) $1700
3) $1430
Thanks a lot for reading.
Please hit LIKE to show your support.
Namaste.
StorJ Ready To Try Again (111% Target Mapped)StorJ failed to move up as prices were rejected at the EMA200 brown line (marked red on the chart).
After 3 days of correction, low volume, we are seeing STORJBTC stable above EMA10, EMA21, and EMA50, signaling that the bulls remain in full control.
As prices consolidate for this altcoin pair, we aim higher as long as we stay above EMA50 (0.00001398).
Our next target is set at 111%, you can see the details on the chart.
Thanks a lot for reading.
Namaste.
DFI.Money (YFII) Ready For More Profits (80% to 200%+ Targets) YFIIBTC (DFI.Money) is now safely trading above EMA50 after testing this level as support... This means that the last high will be challenged.
We also have a higher low 9-Feb. compared to 7-Jan.
The MACD and RSI are both in the bullish zone.
These signals also support higher prices.
You can see the chart for the next targets.
We have one at 80%+
Followed by 215%+
Thanks a lot for reading.
Remember to hit LIKE if you enjoy the content you read now.
Namaste.
BTC- Key things to look out forTotal exchange volume, after reached ATH in early Jan, has since come back down, but is still much higher than it was a year ago.
Fundamental-
Grayscale’s Crypto AUM has recently surpassed $30 Billion lvl and it was mostly driven by hedge fund involvement. Average commitment is in uptrend as well.
Fidelity Digital Assets President Tom Jessop is bullish on BTC along with Ray Dalio and Jordan Belfort (probably shouldn't mention him in the sentence as Dalio), both of them have been vocal critics of BTC until recently. Ray Dalio even went as far as claiming BTC as an alternative to gold-like assets.
Crypto exchange River Financial recently launched a mobile platform for iOS, aiming specifically at the demographic over 50s. If boomers join the BTC bandwagon, their wealth can become a powerful driving force of BTC's price
Derivative-
CME's leveraged funds have been steadily reducing their short positions since late Dec.
BTC futures volume, after reached its peak in mid Jan, has since come back down, but is still hovering around Dec. lvl.
BTC futures OI on Binance, Okex and CME has exceeded 2 billion few days ago and is still at elevated lvl despite a minor drop today.
Funding rate suggests that traders are moderately bullish
On-chain-
Recently, over $550 Million of BTC was transferred out of Coinbase Pro, which potentially indicated less selling pressure and more Hodl activity.
The # of Bitcoin whales (entities holding ≥ 1k $BTC) is still increasing
In January, more than 22.3 million unique addresses were active in the network sending or receiving $BTC, the highest monthly number in Bitcoin's history to date
SOPR has recently reached 1, which means ppl are now less willingly to sell below the break-even price unless majority of them believe price will drop further because we are still in the bear market, which is an unlikely scenario. This could potentially mean the end of profit-taking and the resuming of uptrend.
USDT issuance continues to climb up steadily so is StableCoin Supply Ratio (SSR), which might indicate more buying pressure to push up the BTC price.
Mega Pump coming for XZC ?Mega Pump coming for XZC . buy before breakout .
buying range $3.5 -$4
Target - $9 - $15
Stop loss - Daily close below $2