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Bitcoin | Support Levels + AltcoinsRejection took place right at MA200, very bad signal. Today EMA50 is being lost as support. Bitcoin is aiming lower... Here are the more important support levels to look for on this drop: $40,590 (Not likely to hold). $38,788 (Strong support). $36,220 (Likely to be tested on a wick). This is short-term... Altcoins All is good with the Altcoins vs Bitcoin pairs (minus top ones which follow Bitcoin). They can correct for weeks and then resume growing. Check my previous articles for more information on how things will go: Bitcoin Daily FULL Analysis | Back To Basics (+Altcoins) (Relevant now... read "My view" part.) ----- Bitcoin Monthly | RSI and MACD (Enjoy The Altcoins While We Can) Enjoy your weekend. Namaste.
BITSTAMP:BTCUSDShort
by MasterAnanda
28
Are Bulls Losing Track On 47k?Weekly Time-frame We are about to cross the 0.618 $46,669 and encounter the next resistance $46,866. Potential rejection or it can be a next rally to the upside. 1D Time-frame We are ready for a massive drop but if the supply zone breaks this can be the next rally to the upside. Demand zone is holding up 0.236 $45,137 4H Time-frame Triple top will be super bearish if we get a rejection in the supply zone we can expect more to the downside. If we break the supply zone We can create a new high. 1H Time-frame How to trade BTC short position entry $46669 entry $47342 SL 1-5% $48318 leverage 20x TP 1 $46195 TP 2 $45722 TP 3 $45137 TAYOR DYOR NFA We will discuss more on the possibility on our Live. Stay tune and check with us! Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news Trade Scholar, the best cryptocurrency educational community online! Find the content above difficult to understand? Feeling lost about how to trade? Want to learn how to do your Own Price Prediction? We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together! Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Short
by Trade_Scholar
Ethereum Daily Now Above MA200, Most Important LevelThis is the most important level now for Ethereum to hold... The black line on the chart stands for MA200. Above this level, we can see a very nice and strong price jump. If it goes below, consolidation will continue before the bulls can have more fun. The way things are looking, we might see higher for a while before any price drop... This is just a guess... Focus on the smaller altcoins, that's where the money grows. Namaste.
Long
by MasterAnanda
8
Dogecoin Bullish After Initial BreakoutWhat we saw on mid-March for Dogecoin (DOGEUSDT) is just the initial breakout... It means that it is only started... Doesn't look like it is the end of it. DOGEUSDT just came out of a major downtrend/falling wedge; now it stands above EMA50... It looks bullish... Whatever happens next is for the market to decide. Wishing you highly profitable week ahead. Wishing you health, wealth & success. Sending you LOVE NOW! Thank you for reading. Namaste.
Long
by MasterAnanda
6
Closely Watching Siacoin... Easy 50-100% Jump Anytime!My fellow cryptocurrency traders, I am closely watching Siacoin as this altcoin moves with DigiByte and DigiByte already went through the initial bullish breakout. We can see here the blue EMA100 line working as support/resistance... This is the level that is being challenged... Anytime now we will see a strong push to the upside. You can find the targets on the chart. We are aiming at 55% and 100% short-term, this can be a few weeks or just days. Namaste.
SLong
by MasterAnanda
2