🎓 The above chart (prices as per Coinbase) shows:
- BTC has moved above the resistance at $9,181.48 (23.6 percent Fibonacci retracement of the sell-off from record highs).
- Momentum studies: 5-day moving average (MA) and 10-day MA are curled up in favor of the bulls.
- The relative strength index (RSI) is on the rise, indicating a potential for a further rally in prices.
So, BTC looks set to test $10,000 and may extend gains to $11,000 as suggested by the inverse head and shoulders breakout.
However, gains above $10,000 are to be viewed with caution, the weekly chart indicates.
- BTC has moved above the resistance at $9,181.48 (23.6 percent Fibonacci retracement of the sell-off from record highs).
- Momentum studies: 5-day moving average (MA) and 10-day MA are curled up in favor of the bulls.
- The relative strength index (RSI) is on the rise, indicating a potential for a further rally in prices.
So, BTC looks set to test $10,000 and may extend gains to $11,000 as suggested by the inverse head and shoulders breakout.
However, gains above $10,000 are to be viewed with caution, the weekly chart indicates.
- The bearish 5-week MA and 10-week MA crossover suggest the weekly chart outlook remains bearish.
- Also, the 5-week MA is sloping downwards in favor of the bears and is currently seen at $9,826.55.
- The RSI remains below resistance zone of 53.00-55.00 (previous support zone), also in favor of the bears.
- Also, the 5-week MA is sloping downwards in favor of the bears and is currently seen at $9,826.55.
- The RSI remains below resistance zone of 53.00-55.00 (previous support zone), also in favor of the bears.
View:
- While a rally to $11,000 is likely, the sustainability of gains above the $10,000 mark is under question.
- Bearish scenario: Failure to hit $10,000, followed by a daily close (as per UTC) below $7,851 (Feb. 11 low), would validate the bearish weekly chart and open the doors for a deeper sell-off to as low as $6,000.
- While a rally to $11,000 is likely, the sustainability of gains above the $10,000 mark is under question.
- Bearish scenario: Failure to hit $10,000, followed by a daily close (as per UTC) below $7,851 (Feb. 11 low), would validate the bearish weekly chart and open the doors for a deeper sell-off to as low as $6,000.
Let's see if Asia will dump on us now that we reached the 10k.
If btc goes bullish, you can expect a bloodbath on alts.
If btc goes bullish, you can expect a bloodbath on alts.
CryptoBullet
#VTC - midterm Buy zone : 350-365 Sell : 390-420-450-480-500 Stop loss : 320
VTC hit 432
Second target achieved 🎯
Profit: +23%
Congratulations!
Second target achieved 🎯
Profit: +23%
Congratulations!
We can definitely see an uptrend forming. This may be because the general market is recovering but also because overall people that feared the bearish market check out altcoins at the moment. The latest Cointelegraph article says that there are a lot of investors checking out altcoins as an alternative investment. We've seen peaks of ETH at 1400 USD and more. We guess 1200 USD or a little below should be a good one. 1000 USD should be possible in the short term (only if BTC doesn't go full weirdo and we all see red again of course) but this is what I think will happen soon. (not the BTC bearish but ETH bullish!)
As from our suggestion a few weeks and even months back you should move your funds out of BTC into ETH.
As from our suggestion a few weeks and even months back you should move your funds out of BTC into ETH.
#MCO
Buy at 870-890
Sell: 920-950-1000-1050-1100-1150
Several news :
- 22 February : Listing on COBINHOOD Exchange
- 1 March (or earlier) : New cooperative project with a LocalBitcoins. Which will include Monaco card in the exchange system.
- 13 March : Monaco is a speaker and an exhibitor at the upcoming Money 20/20 Asia, the hottest FinTech event.
Buy at 870-890
Sell: 920-950-1000-1050-1100-1150
Several news :
- 22 February : Listing on COBINHOOD Exchange
- 1 March (or earlier) : New cooperative project with a LocalBitcoins. Which will include Monaco card in the exchange system.
- 13 March : Monaco is a speaker and an exhibitor at the upcoming Money 20/20 Asia, the hottest FinTech event.
Midterm signal
The 4th coin of the trade is #ETC
Buy around : 3120-328
Try to buy in buy zone, but If price is slithly above, that's not an issue. And if below, well that's even better for you.
Sell : 350 - 380 - 420 - 450 - 480 - 520 ++
5th March : The first Callisto sidechain release and a free airdrop of the new token Callisto-coins for ETC holders 1:1 ratio.
If Bittrex confirms the support of the hardfork, ETC will go moon
The 4th coin of the trade is #ETC
Buy around : 3120-328
Try to buy in buy zone, but If price is slithly above, that's not an issue. And if below, well that's even better for you.
Sell : 350 - 380 - 420 - 450 - 480 - 520 ++
5th March : The first Callisto sidechain release and a free airdrop of the new token Callisto-coins for ETC holders 1:1 ratio.
If Bittrex confirms the support of the hardfork, ETC will go moon
Komodo is on fire these days !
After showing us a crosschain swap (Etomic), they made a crosscurrency swap (Atomic) $XMY <=> $KMD.
Amazing !
👇👇👇
After showing us a crosschain swap (Etomic), they made a crosscurrency swap (Atomic) $XMY <=> $KMD.
Amazing !
👇👇👇