My Bitcoin (XBT) LONG Hits Perfect +97% ROE (More To Come)Patience is key is the phrase that I've adopted for my trading state of mind.
I shared a high leverage, high risk, high profits LONG trade for Bitcoin (XBT) on the 28 Feb., needless to say, I received much love from the community mixed with some doubt, I just want to take the time out to remind us that trading is a patience game and it takes time for our trades to develop, but we now have literally dozens and dozens of trades generating massive profits.
Our Bitcoin (XBT) LONG is no exception. We hit our first target for up 97%+ ROE with more to come.
You can find this trade here:
If you want to see more profitable, high-risk, highly advanced, high rewards trades make sure to hit like. If enough people hit like, I will start sharing more and more.
Thanks a lot for your continued support.
Namaste.
Bittrex
Populous Hits Bottom, Time 2 Profit (2000%)Populous (PPT) Overview
AT A GLANCE
Populous is a P2P (peer-to-peer) invoice discounting platform that is globalising what is currently a localised and limited market sector. It is a global invoice trading platform built on Blockchain’s distributed ledger technology.
Invoice discounting is a form of funding that instantly unlocks the cash tied up in outstanding sales invoices. Business owners allow invoice buyers to buy invoices at a discounted rate in order to unlock their cash quicker. Once invoices are paid by the invoice debtor, the invoice buyer receives the amount previously agreed upon.
Populous uniquely connects business owners with invoice buyers on a global scale by leveraging the security, transparency, and speed of Blockchain via XBRL data, Altman Z-score formula, smart contracts and stable fiat-pegged tokens. We will disrupt the traditional invoice discounting system by eliminating the need for third parties or financial institutions by connecting businesses with global invoice buyers directly.
Populous (PPTBTC) Chart Analysis
PPTBTC Long term chart:
Here we can see that PPTBTC hit a low point on the 18 Feb. ’19, which marks a higher low compared to the low back in 4 Jun. ’18.
For the first time since April ’18, PPTBTC is now trading above EMA10.
Biggest volume bar since May ’18.
MACD and RSI curving up.
All these are signals that are pointing to a breakout to the upside.
HOW TO BECOME STRONGER
The wiser you get, the smarter you get, the better you get at what you do, the more security that you build for yourself, the stronger you become.
How to become stronger?
Face your challenges face to face.
Sit down daily and take time for meditation.
Strength will result from your efforts, the growth path will be decided by your intentions.
Namaste.
Storm Highest Volume Since March 2018 (990% PP to ATH)I am looking at Storm (STORMBTC) and it has printed its highest volume since March 2018. You can see it in the chart below:
This is a high volume breakout above EMA10, which was sitting at 82 satoshis. STORMBTC is now sitting at 88 satoshis at the time of this writing. Weekly candle closes in less than two hours, this is signal is as good as confirmed.
The MACD is trending up strong and the histogram favors the bulls.
We were looking at the weekly chart for the volume, let's take a look at the daily chart now.
Let's look at the daily chart which is the main chart above.
Here we have a really strong breakout above EMA50 which is the magenta line. Each time this level was rested in the past it resulted in a rejection. Now it has finally been broken giving out a strong bullish signal.
Over 990% profits potential to STORMBTC all-time high.
If you would like to see a full trade for STORMBTC, make sure to hit like. If enough people hit like I will share a very safe and profitable trade with over 50% profits potential.
Thanks a lot for the continued support.
Namaste.
Ripple Is Already Moving, Will Bitcoin Cash (BCH19) Follow?You know we have been trading BitMEX for a while now and generating great profits, I've been sharing detailed signals that aren't shared by anybody else here on Trading View, and I am really happy that you are enjoying these.
Our Ripple (XRPH19) LONG trade is playing out as expected, moving into the positive and now hit our first target for a massive 35%-55% ROE (profits), depending if you used 10X or 15X leverage.
You can see it here:
Needless to say, anything above 3X is super high leverage and high risk, but with our experience and knowledge we can safely trade this and come out winners.
Here I am looking at Bitcoin Cash (BCHH19) and a strong set up is also in place.
I have drawn the details on the chart.
Would you like to see a full trade for Bitcoin Cash (BCHH19) with buy-in, targets, stop-loss, and additional information as we have for Ripple (XRPH19)? If yes, hit like... If enough people hit like I will know there is enough interest and share. (This is time sensitive... a full trade will be shared if we reach 150+ likes).
In the meantime... ENJOY THE PROFITS from all of the other active trades we have.
Thanks a lot for the amazing and continued support.
I LOVE YOU!
This is Alan Masters
Namaste.
Stratis Signals The Incoming Of Money (Chart Analysis)Here is my classic introduction:
"Looking at the Stratis (STRATBTC) chart, I am seeing some signals that are telling me that a strong move can happen really soon.
"We love Stratis because it has always been a great money maker for us. Our last STRATBTC trade generated up to 70% profits... In two short weeks.
"You can find this trade here: ..."
Ok that's it. Please hit LIKE and allow me to entertain you a little bit... And we both might learn something while we enjoy this post. Let's get started.
Namaste.
Stratis (STRATBTC) Chart Analysis by Alan Masters
So let's get to the more entertaining part, let's get to the analysis.
We will be looking first at the daily chart, and later the weekly chart, for more entertainment, learning, and fun.
Daily chart:
To the left side of the chart, in green, you can see the last bullish wave. A 152% increase in value from bottom to top. I am only mentioning this so that the next point is more relevant and easier to understand.
STRATBTC retraced all the way down to 0.786 Fib. This level is marked with a red line and stands at 0.0002219 btc. Yes, the price went lower but quickly bounced up. This starts telling us that this support held, but one signal isn't enough so we look for more.
So Stratis price retraced to a strong support to bounce and start to move up. We can see that it broke above EMA10 (green line) and MA200 (black line). As I always mention, MA200 is a very strong resistance/support. Resistance if it is above, support if it is below.
We can see that the volume is rising on the last candle (green bars at the bottom of the chart), not big volume but definitely above average and signaling the beginning of something.
We also have a bullish RSI and the MACD clearly trending up, lines converging (bullish crossover).
Now, these signals are good, yes, but still we remain open for change. And I write the following: "Conditions for change: If STRATBTC breaks down and closes below 0.786 fib. (0.0002219) with strength, then the above signals get invalidated and a new analysis is needed".
Can you see how that works? We have the signals, we see the price moving up and we are even making profits already yet, we remain open to seeing it change.
So we have our bullish bias, our bullish signals as confirmation but we know that just as the trend is starting to change from down to up, it can quickly change from up to down. And for this reason, we use a stop loss when trading and remain vigilant of the charts.
You don't have to remain vigilant, that's my job. Let's continue.
As for the weekly chart... I think we had enough with the daily one.
Thanks a lot for reading.
Make sure to comment and hit LIKE if you enjoyed this post, learned something or were entertained.
Repeat with me... "I LOVE MYSELF NOW & ALWAYS. I ACCEPT MYSELF AS I AM. I ACCEPT ABUNDANCE IN MY LIFE ALL OF THE TIME!"
This is Alan Masters.
Namaste.
Siacoin (SCBTC) Breaking Resistance (Quick Short Term Update)We've been following Siacoin (SCBTC) for quite a while now anticipating its next bullish wave.
Siacoin (SCBTC) is a very stable altcoin and best it can generate really massive profits, moving up 3-5x easily in a matter of weeks when it starts to move.
Now, it hasn't been able to break above EMA50, which is the magenta line you see on the chart.
Each time this resistance was challenged SCBTC moved down.
EMA50 is being tested again and it is looking like it will completely break this time, which can send SCBTC flying up.
We have the MACD now at the neutral zone and trending up.
The RSI is sitting strong at 58.
Trading volume keeps increasing and SC is now trading above EMA50. Needs to close and remain above it in order for this signal to be confirmed.
SCBTC Tested 61 satoshis as support since the 2nd February and the level held nicely. Yesterday it touched 61 satoshis and today it is sitting at 67, a 10% increase and a high volume breakout above EMA10 and EMA50.
Siacoin is looking bullish again.
If the bulls follow up on this attempt at a breakout, you can check our FULL LONG TERM trade for Siacoin (SCBTC) here to trade it for profits (800% Profits Potential):
Conditions for change: If SCBTC moves down and closes below 61 satoshis, the above short term signals are invalidated. Still, a bounce is very likely to happen at the next support.
We remain bullish LONG TERM for Siacoin (SCBTC).
Thanks a lot for reading and remember to hit like...
DEEP WITHIN
Endless space of a substance unknown.
Hard to define from its surroundings, full of mysteries, secrets, and life.
Deeper than imagination, but with a measurable reach.
It can go deep, deep, deep… It is all relative.
We can be talking about your Soul, your Emotions, the Universe or even the Sea.
Even love is full of mysteries and secrets… and also lives DEEP WITHIN.
Namaste.
Civic's Long Term Potential (Quick Analysis) Up to 1000% ProfitsCivic (CVCBTC) is showing some really good long term potential and the charts are positioned, and ready, to generate us some profits.
This will be a quick analysis, for learning and entertainment, so feel free to hit like anytime you want now...
Let's get started!
Civic (CVCBTC) Long Term Chart:
CVCBTC Hit a new all-time low and has been retracing for over a year and a half.
Now is trading above EMA10 with increasing volume.
The RSI is bullish and trading above recent resistance.
The MACD is gaining momentum while trending up.
More than 1000% profits potential to all-time high.
Conditions for change: If CVCBTC breaks down and closes below EMA10, the above signals are invalidated, yet its long term bullish potential still remains.
Keep an eye on this one... you can thank me later when you collect the profits.
Thanks a lot for reading.
Namaste.
Bitcoin Cash (BCHH19) 122.5% ROE 10X Lev Set UpI am looking at a set up for Bitcoin Cash (BCHH19) on BitMEX... The charts are starting to look bullish and a breakout can potentially happen soon.
On a Sunday, I can see a break above EMA10 happening now with increasing volume. Both the RSI and MACD allow room for this move.
This is a signal in the making and very early... Price has gone flat, indicating a support. If a break happens to the upside, we can expect the last peak to be tested and even higher if enough momentum can be garnered by the bulls.
Conditions for change: A close below 0.0330 would invalidate these early signals.
Note: This is not a piece of trade advice. My trades all contain buy-in, targets, stop-loss and additional informaiton. Take a look at Monero (XMRBTC) and Loopring (LRCBTC) in the related ideas below as an example.
If you want to see a full trade for Bitcoin Cash (BCHH19), hit LIKE to let me know. If enough people hit like, I will share a full high risk, high leverage, high ROE trade.
Thanks for the continued support.
Namaste.
Groestlcoin Reminds Us Of Normal Cryptocurrency Action (220%+)Groestlcoin (GRSBTC) is working to remind us how normal cryptocurrency action goes. Everything is perfectly normal and the next day you get a 220%+ candle.
Nothing special going on it is just crypto... We generate massive profits all of the time here :)
Weekly chart:
We can see the biggest volume ever, on both charts.
GRSBTC hit its May 2018 peak... This is an interesting fact to look at, you can expect other Binance altcoins to aim for similar peaks in the near future.
The way the daily candlestick is looking might be pointing to additional bullish action in the future, still too early to say for sure.
Dozens and dozens of altcoins are doing massive numbers and many are set up to have huge movement just like the one we are looking at now.
Many more opportunities will always be made available. So if you missed one, do not worry, because many more will always come, especially when we are talking about cryptocurrency, there will always be more from us to us, by all of us.
Thanks a lot for reading.
Feel free to hit like to show your support.
Namaste.
Etherparty (FUELBTC) Getting Ready To Pay... US!Trading volume has been increasing a lot lately for FUELBTC on Binance.
If you take a look at yesterday's candle, you can see one of the biggest volume bars yet.
Volume is one of the strongest indicators you can use to confirm any type of signal you get from a chart.
So we have high volume bars after high volume bars followed by a break above EMA10 and EMA50 (today).
Today's candle is yet to close, so this is an early signal.
FUELBTC needs to close above 0.00000228 for the above signals to remain valid. With that said, let's continue.
The MACD is entering the bullish zone after a bullish crossover.
The RSI is almost reaching 60, which is pretty good.
On the 4H time frame, there are some candlesticks that further confirm the upcoming bullish move that we are seeing here on the daily time frame.
The high volume bar yesterday is sitting on a Doji, which is a reversal signal.
Get ready, because FUELBTC is preparing for a strong move.
This post is shared for your learning and entertainment.
Thanks a lot for reading.
Namaste.
Ethereum Bullish Cup & Handle Pattern (Potential Breakout)I am seeing a bullish cup and handle pattern on the Ethereum (ETHUSD) BitMEX chart. If this pattern plays out to the bulls side, ETHUSD can produce massive gains.
A break below $126 (marked with a brown dashed line) would invalidate the above chart.
All the details on the chart.
Feel free to hit like and thanks for the support.
Have a great Sunday.
Namaste.
Ripple (XRPH19) Falling Wedge (Trade Opportunity Developing)I am seeing a trade opportunity developing for Ripple on BitMEX (XRPH19).
A falling wedge is now active and early signals are starting to show up.
Actively we are trading Litecoin (LTCH19 SHORT) successfully and recently we traded TRON (TRXH19) for massive fast profits (over 90% within 32 hours).
An opportunity is developing right now, a LONG trade... Let me share some of the signals:
Ripple (XRPH19) Early - Not yet confirmed - Reversal Signals:
Falling wedge pattern.
0.786 Fib. retracement support holding from last bullish wave.
Low bear volume (if this were to continue going down, we should be seeing higher bear volume).
MACD and RSI starting to curve.
These are really early signals that can be easily invalidated, this is not a trade.
If you want to see a full trade for Ripple (XRPH19) make sure to show your support hit LIKE.
If enough people are interested, I will share this trade for you with 100% ROE. You will have buy in, target, time frame, stop loss, capital allocation, profits potential and more.
Note: This is not a piece of trade advice.
Thanks a lot for reading.
Namaste.
Wanchain (WANBTC) Bullish Engulfing (Learning)Here is one of the easiest to spot signals when it comes to candlestick reading, as well as a very accurate one.
Signals coming from the charts can get invalidated, meaning, you can have a signal that points to a change of trend and later the trend remains the same. For this reason, when trading we always use a stop loss.
Here we have what is called a "bullish engulfing" candlestick pattern. This happens when a bullish candle completely covers the bearish candle before it.
Marked light blue on the chart, you can see this pattern. The red/bearish candle, and the green/bullish candle which completely covers the bearish one before it.
On top of this pattern we also have a nice increase in volume (green volume bar below the last candlestick), as well as a break above EMA10.
(Looking for additional signals that support your main signal is always good as your analysis will have more strength).
Now, this is the daily time frame, so we have to wait for the daily candle to close before this signal is complete and valid.
If you trade based on this formation, your stop loss can be placed right below the low of the bullish candle.
Looking back on Wanchain (WANBTC) price action, you can see that volume has been increasing a lot lately, this is another signal that a move up is approaching.
Note: This is not a piece of trade advice. This information is shared for learning and entertainment purposes only.
All of my trades are clearly marked and contain buy in price range, targets, stop loss and additional details.
Hit LIKE if you enjoyed this post.
Namaste.
DigixDAO (DGD) Ascending Triangle Signal Bullish (Learning)Here is a very famous chart pattern called the "Ascending Triangle" and this is a bullish pattern.
When you see this signal, you can expect a bullish breakout. If the breakout to the upside happens, you can expect the target to hit the red dotted line.
If DGDBTC price closes below 0.0050 on the daily candle, this signal would be invalidated.
This post is for educational purposes only.
Chart patterns are only signals and can be invalidated and break the other way.
Always use a stop loss when trading as everything is possible at all times, market can change direction without notice.
Hit LIKE to show your support.
Thanks a lot for reading.
Namaste.
Bitcoin (XBT) Cup & Handle Pattern (Learning)"The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks."
If this pattern breaks to the upside we can expect a move up from Bitcoin (XBT) soon.
This is an educational post covering some of the basics. This can be entertaining as well as profitable to learn those patterns.
Hit LIKE for more.. And Thanks a lot for the continued support.
Namaste.
Bitcoin Cash (ABC) Morning Star (Learning)Here is the " Morning Star " bullish pattern.
"A morning star candlestick pattern is seen by technical analysts as a bullish sign following a downward trend. The pattern consists of three candles" .
I've been watching Bitcoin Cash (BCHZ18) closely on BitMEX, and this pattern came up as price went down. As soon as I saw it, I opened a position which is now in huge profits.
This post is shared for learning purposes. This is no trade advice.
If you found this article useful, please hit LIKE for more.
Thanks a lot for reading.
Namaste.
Litecoin (LTCZ18) Bullish Hammer (Learning)Bullish Hammer
A hammer is a type of bullish reversal candlestick pattern, made up of just one candle, found in price charts of financial assets. The candle looks like a hammer, as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick.
Please not that the candle needs to close for the signal to be valid.
You can trade a bullish hammer when they come up at the bottom of a trend and with good volume, as they can mean a trend reversal. You would use a stop loss which is the lowest point peak by the hammer candlestick wick.
I am trading LONG LTCZ18.
A drop and close below 0.00751 would invalidate this signal.
Sharing for learning. Hit LIKE!
Namaste.
Bitcoin Cash (BCHZ18) Bullish Engulfing (Learning)What is a Bullish Engulfing Pattern
A bullish engulfing pattern is a candlestick chart pattern that forms when a small black candlestick, showing a bearish trend, is followed the next day by a large white candlestick, showing a bullish trend, the body of which completely overlaps or engulfs the body of the previous day’s candlestick.
You can trade this signal with a tight stop loss at the low of the engulfing candle.
I am trading LONG on BCHZ18.
If price closes below 0.0332, this signal gets invalidated.
Sharing for learning. Hit LIKE!
Namaste.
Ripple (XRP USD/USDT) Support Levels by Request + LearningThis is an analysis by request. Please hit LIKE to start reading...
Ok my dear readers and beloved cryptocurrency traders, this is Alan Masters and I Love You! But what I actually mean is that you should always say... "I KNOW THAT I AM BLESSED AND I LIVE WITHIN THAT KNOWING. I LOVE & ACCEPT MYSELF NOW & ALWAYS"... Namaste.
Without making you read anymore love related paragraphs... Here are the support levels for Ripple (XRPUSDT) based on the Binance chart.
Ripple (XRPUSDT) Support Levels by Alan Masters
(1) $0.24
(2) $0.19 (The entire red rectangle is a demand zone)
(3) $0.14 (The orange rectangle is the next one)
Now, the question asked by one of our great followers:
"How likely are we go to as low as support (3)?"
(Feel free to leave your questions in the comments section below)
Here is a possible scenario:
but wait... here is my answer:
I don't see it as very likely unless XRPUSDT continues in bear mode for a very long time or if there is a flash crash/dump, which in turn would result in a quick bounce. So instead we focus on price action and check the candle close every week.
Example: This week closes today and we are below Fib. 0.236 @$0.30. If the weekly candle closes below this level, then we can expect to test our first support at $0.24. If the candle closes above then XRPUSDT has the chance to test EMA10 ($0.39).
I know this article is a bit disorganized, I apologize but hopefully it helped you understand better XRPUSD next support...
If yes... hit LIKE... MORE OPPORTUNITIES WILL ALWAYS COME...
TO YOU!
Alan Masters here...
Namaste.
Lesson: Predicting 14% Bitcoin Drop Using Ichimoku CloudIchimoku Cloud showed us to expect strong price action here.
Lesson: set stop-losses below reversal areas and Fibonacci support.
Notes:
Tenkan-sen calculation: (highest high + lowest low)/2 for the last 9 periods.
^ it is time to change our way of thinking
- minor support/resistance
Kijun-sen calculation: (highest high + lowest low)/2 for the past 26 periods.
^ basis, guideline, yardstick
- support/resistance & trailing stop
- indicator of future price
Senkou span A calculation: (Tenkan-sen + kijun-sen)/2 plotted 26 periods ahead.
Senkou span B calculation: (highest high + lowest low)/2 calculated over the past 52 time periods and plotted 26 periods ahead.
^ start off before the others
Kumo (cloud) is the space between senkou span A and B. The cloud edges identify current and potential future support and resistance points.
- height represents volatility
- strong support/resistance
- Bullish when Senkou Span > Senkou Span B and vice versa when markets are bearish.
- Look for Kumo Twists in future clouds, where Senkou Span A and B exchange positions, a signal of potential trend reversals.
Bitcoin Bullish Sentiment Continues (What Will Happen Next?)Bitcoin has been following TA and going up as expected. After we hit bottom last month, Bitcoin has been on a ride and getting stronger by the day.
We've seen many attempts at breakout in the past but none of them were supported by enough volume, lately volume has been getting better and it furthers confirms all the signals we are getting from the charts.
There are quite a few signals to look at, so let's see what is up with Bitcoin and what comes next!
Bitcoin Analysis by Alan Masters
CHARTS, SIGNALS & INDICATORS
- We are now trading above the $7,800 price level, which we can see marked with a brown line on the chart, that's EMA200. Bitcoin hasn't traded above this line since 11th May 2018, so breaking above it is a great signal, we now need only to maintain it on the daily and weekly time frames (on the weekly this same price level is marked by EMA20) to signal additional bullish strength.
- We are on an uptrend (dotted green line).
- After months of bullish divergence, the MACD keeps on trending up now finally on the bullish side, but needs a bit more momentum to feel strong... a bit more momentum is needed for us, but slowly steady growth is what we expected from the start.
- The MACD is looking to have a bullish crossed over on the weekly time frame, this is good as well.
- Looking again at the daily time frame, the RSI is on the bullish side and shows room available for additional growth. STOCH is also bullish as well as ADX and DMI.
- We are getting signals and breaking resistance levels that we haven't break in a while. With a very strong bullish crossover of EMA10 and EMA50, Bitcoin is pointing for a bullish week and possibly even more bullish action. Just remember that each time a resistance level is broken, we need to retrace and consolidate, to load up for more. So remain calm when you see that Bitcoin goes slow. Only if it goes down strong and closes below support, we analysis and change/update our view as required to know where Bitcoin will go now next.
In the meantime... Bitcoin is Bullish and will continue going UP!
(Support = $7,000, $7200, 7400)
(Resistance = $8,000 - $8,200)
Few more notes:
- Biggest volume since April, weekly chart.
- Good volume on the daily.
- Short term, mid term and long term. Which term are you looking at? This is important when looking for future movements of Bitcoin, as the trend can change based on the time frame you are looking at.
- $8280+ close on the weekly is where we look for a new strong support, this needs to be broken and close above it on the weekly if we want to continue the bullish bias for even more bullish action... We can close weekly below it and still continue bullish, it all depends on how we interact with resistance and support levels... But remember, we start with $7600, which we broke already, after we get to $7800 and $8000 which we are challenging now.
- Just as you need to break $8,000 before you can reach above $8,200+ for a new strong support, you need to break $6000 before you can reach $5750, and break $4000, $3000, etc. before you can other lows. So dear bears do not worry about Bitcoin going to $1,000, just as my loved bull shouldn't worry about $20k, we have to go through many different levels, before we can get there.
Namaste.
P.S. Please come back to this thread again and again, like, share, comment... since I will be sharing many more updates.
Bitcoin To The Moon Pt.6 (The End?!) - Altcoins Market UpdateBitcoin has been doing really good lately, it is moving up strong and into the positive.
My indicators are all over the place, but there is something more interesting to look at than indicators... Trend lines...
Yes, we are now above a major trend line, we broke through it like it was butter and Bitcoin is giving out signals of additional bullish action in the coming days and weeks ahead... Don't get it twisted, this is just the beginning of a trend change!
The altcoins market keeps on doing good, and Bitcoin turning bullish confirms each and everyone of the signals that we have been talking about since late June. We rightfully spotted the bottom and now we reap the rewards.
Altcoins Market Update
When the alts where going down, we focus on rebuy and reload.
Now that many are moving up strong, hitting our targets and generating profits... It is time to sell.
Buy low to sell high... BACK TO BASICS.
I will be posting a full update on Bitcoin soon, but I wanted to say hi before that.
Hi amazing human being, how are you doing today?
I am hoping and wishing that live gives you everything that you desire and for your days to always become better, for you to be everything that you want and attract infinite wealth and success.
Thanks a lot for reading...
Come back and read my update... Maybe tomorrow... maybe today!
NAMASTE!
Bitcoin: 3 Ways To Spot Resistance (4 Beginners)Let me show you a quick way to find resistance levels, which are also known as targets when you are looking to sell for profits when trading a coin.
Above you have the Bitcoin chart with 1 candle per 24 hours; Daily time frame.
Bitcoin price is likely to stop at the next resistance point. Note the word "likely", because there is always the chance of the price going higher and breaking more than one resistance. This is of course an example based on an up move.
Let's get to it:
1) Indicator TD Sequential: My indicator is telling me that there is resistance at the $7958 price.
2) EMA indicator: EMA200 shows resistance at $7862.
3) Fibonacci Tool: Based on the April bull move, Fib numbers show resistance at $7901.
If you go by what these indicators are telling you, you could easily say that Bitcoin will face resistance in the $7850 - $8000 range.
There are many more ways to find resistance points and also tools that can be used for this same purpose, but these are very easy to work with and can help you become better at making the right choices when trading.
The same tools can be used to find support levels.
Once you have resistance and support levels, it becomes a lot easier to trade or try and figure out what might come next.
I hope you enjoy this post... My deepest love and gratitude to you...
Namaste.