Bitcoin... More Straight Up? Click Here For The Answer...

2021年1月10日

Will Bitcoin (BTCUSD) continue to go straight up?

Is that even possible?

We have a very simple method/indicator to gauge the potential of any chart related to the cryptocurrency markets (Bitcoin + Altcoins), and that is EMA10.

This is not something that I learned about in a book or someone said... It is something based on experience after reading tens of thousands of charts over the years.

When the price of Bitcoin or any Altcoin is sitting above EMA10, the potential is bullish overall.

But, if the price goes below EMA10 the potential goes to the bearish side...

Bitcoin is not even touching EMA10 (the green line) in the last few days... BOOM!
Only the long lower wick on 4-Jan. touched EMA10 and that too was quickly bought up...

What does it mean?

The bulls are ULTRA-STRONG!

While this strength remains/stays and is here for us...

Everything is easy, we continue to look for higher prices and that is exactly what we've got.

The next target is marked on the chart.

Thanks a lot for your amazing and continued support.

Namaste.

2021年1月10日

註釋

We are having some bearish action right now...

2021年1月10日

註釋

2021年1月10日

註釋

I will share an update soon with an updated view.

Remember we have to wait for the daily and weekly candles to close.
Depending on the closing price, the view/perspective can change.

Patience is key.

I will be doing the 4H (short-term), Daily and Weekly timeframes.

Thanks a lot for your support.

2021年1月10日

註釋

4H:

2021年1月10日

註釋

Bitcoin and EMA10 on the daily timeframe:

2021年1月10日

註釋

Here is another update on the 1h timeframe.

The last time EMA300 was tested on a long lower wick the growth was resumed, will it happen this time?

Look at the chart:

2021年1月11日

註釋

I will share a new update here soon...

Just check my profile.

Thanks a lot for your support.