LTCUSD Golden Cross between EMA50 & EMA200 on the Daily
📌 Note
Bearish crossing between EMA50 & EMA200 in May 2018 resulted into a devastating drop (-83%)
Bullish crossing between EMA50 & EMA200 in May 2019 resulted into a fascinating gain (+155%)
Bearish crossing between EMA50 & EMA200 in August 2019 resulted into a significant drop (-46%)
📌 Note
Bearish crossing between EMA50 & EMA200 in May 2018 resulted into a devastating drop (-83%)
Bullish crossing between EMA50 & EMA200 in May 2019 resulted into a fascinating gain (+155%)
Bearish crossing between EMA50 & EMA200 in August 2019 resulted into a significant drop (-46%)
CryptoBullet
BTC Dominance Update 📌On Jan. 21 we predicted this Altcoin party you are seeing across the board simply by looking at the BTC dominance chart - it was ready to go down more and reach the EMA100 & the bottom line of the channel. And that’s exactly what happened!
BTC Dominance update
We are breaking down the upward channel and that’s a very bullish sign for Alts
💡The key point is the weekly close. If we close the weekly candle below 63%, expect the Altcoin party to continue 🚀
We are breaking down the upward channel and that’s a very bullish sign for Alts
💡The key point is the weekly close. If we close the weekly candle below 63%, expect the Altcoin party to continue 🚀
CryptoBullet
BTC 8h update We’ve tried to break above the mid line of the channel once again There is still $1 billion rocket fuel of Open Interest right now. The big move is yet to come
BTC flash crash (Pay attention to the BitMEX funding)
👉The price hit the channel’s support and perfectly got caught by EMA50 which we had on our 8h chart
Now we are above 10k again
👉The price hit the channel’s support and perfectly got caught by EMA50 which we had on our 8h chart
Now we are above 10k again
CryptoBullet
BTC flash crash (Pay attention to the BitMEX funding) 👉The price hit the channel’s support and perfectly got caught by EMA50 which we had on our 8h chart Now we are above 10k again
BTC 8h update
The Upward Channel broke down along with the EMA50
Support trendline on the RSI broke down
The Upward Channel broke down along with the EMA50
Support trendline on the RSI broke down
CryptoBullet
BTC: TD-9 sell on 2D chart
Well, we warned you guys about this correction when we were almost at the very top
2D chart was on TD-9 sell along with the daily.
2D chart was on TD-9 sell along with the daily.
CryptoBullet
BTC Daily chart ⚠️Here is a point of concern: today’s candle is TD-9 sell. Moreover it’s TD-9 sell on 2d chart Watch that trendline on the RSI as well. It will confirm a correction. [ But if this does not result into a correction + taking into account…
BTC Daily chart #update
📉 Parabola got broken down two days ago along with the support trendline on the RSI
In previous daily update we recommended to use that trend line on the RSI as confirmation.
Once we broke it, the correction kicked off and the falling accelerated.
Does this drop mean doom for bitcoin? No
💡As of right now it looks like a perfect pullback into the Golden Cross between MA50 & MA200 which is going to happen tomorrow (if we do not fall significantly lower from here).
📉 Parabola got broken down two days ago along with the support trendline on the RSI
In previous daily update we recommended to use that trend line on the RSI as confirmation.
Once we broke it, the correction kicked off and the falling accelerated.
Does this drop mean doom for bitcoin? No
💡As of right now it looks like a perfect pullback into the Golden Cross between MA50 & MA200 which is going to happen tomorrow (if we do not fall significantly lower from here).
Will We See $800 ETH Soon? Must read
https://www.tradingview.com/chart/ETHUSD/QDEYxcJ9-Will-We-See-800-ETH-Soon/
❗️Guys, please, click the LIKE button. We would appreciate it.
https://www.tradingview.com/chart/ETHUSD/QDEYxcJ9-Will-We-See-800-ETH-Soon/
❗️Guys, please, click the LIKE button. We would appreciate it.
BTC Massive Update
https://www.tradingview.com/chart/XBTUSD/GVZ7z6gz-BTC-Massive-Update/
❗️Guys, please, click the LIKE button. We would appreciate it.
https://www.tradingview.com/chart/XBTUSD/GVZ7z6gz-BTC-Massive-Update/
❗️Guys, please, click the LIKE button. We would appreciate it.
BTC Update
📌Here we have two channels: big downward channel & a small upward one
If we break down the small upward channel, we’ll hit EMA200 on 4h chart pretty quickly and it will unlikely hold, because there were two tests of it and with each one the support gets weaker.
Break down this EMA200 and the way to the bottom of the big downward channel will be open
🐂 For bullish case we need to break out of the downward channel to the upside
📌Here we have two channels: big downward channel & a small upward one
If we break down the small upward channel, we’ll hit EMA200 on 4h chart pretty quickly and it will unlikely hold, because there were two tests of it and with each one the support gets weaker.
Break down this EMA200 and the way to the bottom of the big downward channel will be open
🐂 For bullish case we need to break out of the downward channel to the upside
CryptoBullet
BTC Update 📌Here we have two channels: big downward channel & a small upward one If we break down the small upward channel, we’ll hit EMA200 on 4h chart pretty quickly and it will unlikely hold, because there were two tests of it and with each one the support…
BTC update
Our analysis plays out pretty nicely
Like we expected, once we broke down the upward channel, we swiftly reached EMA200. Will it hold us from falling lower once again?
All eyes on this particular MA!
Our analysis plays out pretty nicely
Like we expected, once we broke down the upward channel, we swiftly reached EMA200. Will it hold us from falling lower once again?
All eyes on this particular MA!
CryptoBullet
BTC Dominance update We are breaking down the upward channel and that’s a very bullish sign for Alts 💡The key point is the weekly close. If we close the weekly candle below 63%, expect the Altcoin party to continue 🚀
BTC Dominance update
We didn’t manage to break down the upward channel. EMA100 held and now it looks like we found support at the bottom of the channel and now bouncing off.
⚠️Until the bottom line of the channel (which is in line with EMA100) is broken, this picture suggests a return to 70% BTC dominance and higher. That would be disastrous for Alts📉
We didn’t manage to break down the upward channel. EMA100 held and now it looks like we found support at the bottom of the channel and now bouncing off.
⚠️Until the bottom line of the channel (which is in line with EMA100) is broken, this picture suggests a return to 70% BTC dominance and higher. That would be disastrous for Alts📉
CryptoBullet
BTC update Our analysis plays out pretty nicely Like we expected, once we broke down the upward channel, we swiftly reached EMA200. Will it hold us from falling lower once again? All eyes on this particular MA!
BTC Update
🎯Our BTC analysis played out just perfectly! Look at that
We broke down the small upward channel and swiftly reached the support zone (EMA200 on 4h) we had pointed out earlier. Just like we expected ✅ (Our first red arrow completed)
After a little consolidation at the EMA200 on 4h we eventually broke down below it. (In previous updates we were saying that this support to eventually break, because it was tested for too many times). We broke the EMA200 and reached the bottom of the channel following our second red arrow! ✅
🎯Our BTC analysis played out just perfectly! Look at that
We broke down the small upward channel and swiftly reached the support zone (EMA200 on 4h) we had pointed out earlier. Just like we expected ✅ (Our first red arrow completed)
After a little consolidation at the EMA200 on 4h we eventually broke down below it. (In previous updates we were saying that this support to eventually break, because it was tested for too many times). We broke the EMA200 and reached the bottom of the channel following our second red arrow! ✅
CryptoBullet
BTC Update 🎯Our BTC analysis played out just perfectly! Look at that We broke down the small upward channel and swiftly reached the support zone (EMA200 on 4h) we had pointed out earlier. Just like we expected ✅ (Our first red arrow completed) After a little…
BTC update
It looks like we broke down the big downward channel -> very bearish sign
However…
It looks like we broke down the big downward channel -> very bearish sign
However…
💭 Breaking the channel at this moment does not feel right, because if we do it will be too bearish. Stock market is bouncing after a bloodbath. BTC could follow.
💡We can even redraw the channel in the most conservative way in order to give BTC the last chance to bounce off of the bottom line. If the price does not bounce off of the support, fasten your seatbelts!
📍Mid 8ks region is the target zone, but the problem is that too many people want to buy there.
So, there are two possible outcomes: we will either bounce earlier or go significantly dipper.
New small downward channel established inside the big one. Pay attention to it as well.
💡We can even redraw the channel in the most conservative way in order to give BTC the last chance to bounce off of the bottom line. If the price does not bounce off of the support, fasten your seatbelts!
📍Mid 8ks region is the target zone, but the problem is that too many people want to buy there.
So, there are two possible outcomes: we will either bounce earlier or go significantly dipper.
New small downward channel established inside the big one. Pay attention to it as well.
CryptoBullet
BTC Massive Update https://www.tradingview.com/chart/XBTUSD/GVZ7z6gz-BTC-Massive-Update/ ❗️Guys, please, click the LIKE button. We would appreciate it.
On February 20th we published BTC Massive Update. At that time the price was at $9550 sitting at the Major support
Major support eventually broke down and here we find ourselves in our next Support Zone (8600-8800) 🎯
What’s important: we reached MA200 & EMA on the daily + 0.382 Fib along with the strong horizontal level and High Volume Node
The support we are sitting at right now is very strong
Major support eventually broke down and here we find ourselves in our next Support Zone (8600-8800) 🎯
What’s important: we reached MA200 & EMA on the daily + 0.382 Fib along with the strong horizontal level and High Volume Node
The support we are sitting at right now is very strong