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Bitfinex

Bitcoin Continues Lower, $8950 Next? Support & Resistance MappedWe have a bearish inside bar for BTCUSD (Bitcoin) with bearish indicators... Prices can continue to drop. If Bitcoin fails to move back above EMA10 ($9811.3), prices are likely to move lower. The first support we look for is sitting at $9167 or EMA50. Followed by $8864 or MA200. Additional levels are marked on the chart. Conditions for change If Bitcoin reverses and closes above EMA10, resistance can be found in the $9,900 - $10,000 price range, followed by $10,300-10,500... These levels need to be broken for Bitcoin to hit new highs. Thanks a lot for reading. Namaste. --- Gold (XAUUSD) Continues Super Bullish | $2,222 Next?
BITFINEX:BTCUSD
by AlanSantana
12
(150%+) AION Trading Above Resistance | Can Continue To GrowWe have AIONBTC (Aion) trading above EMA200 and staying there (EMA200 is the brown line on the chart). - Staying above this level is a very strong bullish signal, AIONBTC can easily move up here (green arrow). - But if prices move lower and close below the purple trendline, a drop can take place (red arrow). - And even after the drop, we remain strongly bullish (blue arrow). We remain bullish with AIONBTC as long as prices stay trading above 0.00000655. It is only a matter of time before the next bullish wave for this pair. Quick tips Patience is key. Buy around support. Buy red. Sell at resistance. Sell green. Always take your time before jumping into any trade. Make sure to have a plan. Be patient... If one opportunity is lost, another one will show up. Thanks a lot for reading. Namaste.
A
by AlanSantana
5
Ethereum Showing Bearish Signals, Will It Drop?Right now ETHUSD (Ethereum) is trading above EMA10, which we consider bullish but... Recently, ETHUSD printed a higher low with trading volume starting to decrease. We can notice bearish divergence with the MACD and a bearish cross. The RSI is trending lower. We know that each time any important resistance level is conquered, it is later tested as support. ETHUSD conquered resistance levels in the form of MA200 and EMA300 recently, and these on the way down can be tested as support. Conditions for change If ETHUSD gains momentum up and breaks above $289, prices can go higher... Higher targets are marked on the chart. This is the less probable scenario right now, multiple signals are pointing to a retrace. This is not financial advice. Remember to always have a plan and do your own research before you trade. Thanks a lot for reading. This is Alan Masters. Namaste.
BITMEX:ETHUSD.P
by AlanSantana
4
Bitcoin Continues Lower, $8950 Next? Support & Resistance MappedWe have a bearish inside bar for BTCUSD (Bitcoin) with bearish indicators... Prices can continue to drop. If Bitcoin fails to move back above EMA10 ($9811.3), prices are likely to move lower. The first support we look for is sitting at $9167 or EMA50. Followed by $8864 or MA200. Additional levels are marked on the chart. Conditions for change If Bitcoin reverses and closes above EMA10, resistance can be found in the $9,900 - $10,000 price range, followed by $10,300-10,500... These levels need to be broken for Bitcoin to hit new highs. Thanks a lot for reading. Namaste. --- Gold (XAUUSD) Continues Super Bullish | $2,222 Next?
BITFINEX:BTCUSDLong
by AlanSantana