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Our Bitcoin bias and outlook remains the same with absolutely no changes. The volume of the retracement was low, the bullish structure is still there (HH/HL) and the OI remains above $1B on BitMEX. Hence why we do not believe this is a reversal.
The Golden Cross (50MA/200MA) is taking place right now on Bitcoin, which pushed price up by 165% last time in 2019!!!
Morning guys !

R:R Ratio 2:1

This means you risk 1 to win 2 (Min. at target 1)

If u risk 2% of your portfolio the minimum to win is 4%, this is really important to continue profitable in trading. I use this on all of our Altcoins Signals, only the bitcoin trades have a different R:R due to the choppy market.

Also, the last EOS trade its mostly based on the market correlation between EOS-ETH, Expecting Ethereum really bullish these days!
On our last ETHUSD trade we are using a breakout strategy, open this trade after a bullish confirmation into the 20Ma and current trend line, also following a powerful Inverse Head&Shoulder pattern on the 1H chart,

Expecting enough bullish momentum to reach $280 🙅🏻‍♀️
Pretty sure about every one of us will continue enjoying EOS - BTC and ETH trades for the next days!

So, Fasten your seatbelts and prepare to be awed.
Good morning Altsignals Members community, I hope everyone is well.

Taking a look at bitcoin in the daily chart , we can observe a clear ascending channel , through which bitcoin has been dancing between supports and resistances.

The much respected golden cross is happening on the daily chart , which boosted us to $ 10,300 with a strong pullback at $ 9,280, an area reflected in the chart as a good medium and long-term shopping area for swing traders, taking as stop loss or invalidation point $ 9,070. With the advantage of having the 200MA just around $ 9,400 in the 4-hour chart.


In addition, in the 1-hour chart, for scalp lovers, we could suggest a ticket between $ 9,600 / 9,550 with a small stop loss, to try to take a good position in the short term.


** An important point to take into account is that we are below the .382 level of fibonacci in the daily chart (Taking the lowest point of 2018 and the highest price of 2019) which could be used for a perfect setup for bearish operations. Using $ 9,840 as an invalidation point and aiming at $ 9,200 and $ 8,500.

Only if we manage to sustain the price above $ 9,800, can we consider the objectives of $ 11,400 and $ 12,500.

At the fundamental level, we must keep an eye on pre- and after-halving behavior.

The bitcoin's halving has historically been a key event for bull markets (as happen with LTC the past year)

During years all the halving have a pre-halving retrace (Which i think already happened few months ago and we are in a clear slowly uptrend, to start a run around june of 2020)

The halving has been a key starting point for previous bull markets.

Bitcoin creates a pre-halving high, which does not exlipse the previous ATH .

For us, a retrace is the most likely to happened, but that's only a chance to fill our longs and go hard with bitcoin this year!

https://www.tradingview.com/x/6IpLIpnW/
Technical update about the market conditions will come this night!

Also, a behind the trade to our VIP members on the Altsignals Academy, explaining how we catch this wonderful short, when everybody was looking for a bullish breakout!
Hey Altsignals members!

The bitcoin's halving has historically been a key event for bull markets (as happen with LTC the past year)

During years all the halving have a pre-halving retrace, and should be this one. (If not, we will try again around the $8200)

Bitcoin is showing weakness during the past few days, but for us, this is near to go hard up!

The RSI and stochastic are in huge levels to buy, also, the market sentiment is becoming to much bearish , for sure a good chance to counter trade over the 8200 targets.

On the daily chart we already test the 200MA, and for me this is part of the wick into this level, taking as ground the 0.5 Fibonacci level, based on the last low of 2018 around 3000's and the higher of the past year near to the $14.000

This is a really simple setup with a high R:R ratio

Entry 8545

Targets

8650 - Breakeven stop
8800 STOP TO TP1
9200 STOP TO TP2
9500 * TO TP3
10500 * TO TP4
12000 * TO TP5

Moving our stop loss every target to avoid big losses

FULL CHART
Hey Altsignals Members, as update for the last swing trade on our BitMex VIP channel and public one, we need to make some quick and small updates.

1/ Price perfectly bounce around our entry zone and 0.5 fibonacci level.

2/ We're above 400% profits if u take an entry below the 8600 level (Signal was sent at 8540)

3/ On the hourly chart we're trying to break a parallel resistance, which is around 8930$. Only after break and create candles above the 8900 level in the hourly chart, we will see a bullish continuation.


So, keep your eyes open for a possible rejection of the current level, which could be the start for a ride into the 7200 & 7500 zone.

ATM we stay bullish taking adventage from our perfect entry.

Currrent Stop loss at TP1 ($8650)

Current support at $8850

Current resistance and possible breakout point in short term, above 8950 and 9050.


FULL CHART
Ethereum/Dollar Breakout !!

Hey Academy Members,

First I want to greet you and wish you a great weekend.

As everyone already knows, my position in bitcoin is bullish, now, after some retest, ethereum has broken the triangle to begin a possible breakout.

My invalidation point is $231.80, as you can see in the chart, we have already tested the neckline once, resulting in a juicy bullish momentum. This can be tentatively tested again in the near future, with a wick most likely, targeting $260-$280 for the second coin in the coin market cap ranking!

In addition, I hope to see bitcoin dancing between $9300 and $9700 soon, as a consolidation point


My recommendation, start building your positions🤓
Bitcoin in the Daily Time Frame

Point of interest

- Near support $9060
- Next resistance $9150
- Major Support $8800
- Major Resistance $9800
- Volatily zone above $9225
- Volatily zone below $9005

My personal targets, are B U L L I S H as everybody knows!
Lower CME GAPS are Fully Filled

CME Futures has become a very important factor when we analyze the movements of bitcoin.

So far, the behavior of bitcoin has always had upward and bearish movements directly towards the GAPS in the CME Futures chart.

Today, something interesting happens, the latest bitcoin bearish GAP has been completely filled, now, bitcoin is traded above $ 8,000. With a perfect bounce.

At the moment, the following gap is located exactly near $ 11,400. Level where our 0.236 Fibonacci level coincidentally is located.

This is pure fundamental analysis, after bitcoin breaks $ 8,160 clearly. I think we can confirm a reversal, a small upward movement within $ 8,200 for a bearish continuation is really possible, we can see that if at these levels, the bears begin to push the price down again, so keep your eyes open!👀
The real test of Bitcoin’s “Safe Haven Status” is not the initial shock but the latter part once fiscal policy comes to the rescue
Hey guys, let's talk a bit about the fundamentals

Economies are inevitably going to slow down and they already have due to the virus outbreak, central banks have to do what they can in order to minimise the economic impact.

That comes through cutting interest rates to stimulate lending and spending, as well as through quantitative easing (QE).

The ECB did not cut rates last week and it was a surprise especially given the severity of the COVID-19 spread in Europe and hence the economic impact. Which doesn't communicate the prettiest picture because that means they're expecting things to worsen and would like to keep some bullets in their gun to fire at the appropriate time instead of starting stimulus prematurely.

The FED just now not, didn't just fire a bullet, they've bazooka'd the markets with what they have. Slashing rates down to 0 and announcing $700 billion in QE.

As Trump just stated "the markets should be thrilled", and they would have been any other day under normal circumstances

Instead the market reacted negatively to the news and it limit down.

Not to judge, but that was a premature move

Now please note we are certainly not doctors or scientists, none of this is medical advice, we're simply viewing the data and reacting accordingly with our investment and trading approach.

Now why does that matter to us?

We've seen Bitcoin get dragged down into the mud from this macro event, it doesn't exist in its own universe with no outside influence (and the entire crypto market follows Bitcoin). Bitcoin and Gold reacted similarly to the news by pumping unlike equities.
During this economic slowdown, gold acts as a safe haven and will likely keep going up.

Bitcoin has shared this characteristic with gold more often than not, except it moves orders of magnitude faster

While this is bearish for equities, it isn't so much for Bitcoin. This is the first time we witness Bitcoin's actions in an economic slowdown.

Looks like it's going to be one hell of a show
That was a huge test into the 20MA. now, we need to close candles above 5200 in the 4H chart to hit more targets, if not, this will continue going down
First candles starting above the 20MA

Soon will act as a perfect support to ahead $6200 > MA50

Next 4H candles need to close above 5200
Hey guys

6500 was breached and closed above on the 4H timeframe which may extend it towards 7600 if that closure is mimicked on the daily TF

The same can be said of the Total MCap. If that closure is extended to tonight's daily candle, we may see 246B soon

Alts however have a resistance to cross. If 63B is crossed, then 83B will likely be next
2025/07/13 21:00:59
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