alanmasters
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Bitcoin Aims Higher, New ATH $25K, Support + Targets + Altcoins

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Bitcoin's bulls aren't playing any games and continue pushing BTCs price higher... It just keep on going higher!

Following the expectations of many of us, Bitcoin ( BTCUSD ) continues going higher regardless of what anybody believes... Some TOP traders are claiming that Bitcoin will hit 3K but the truth is that Bitcoin continues moving up... There is still PLENTY OF ROOM LEFT AVAILABLE FOR GROWTH... This is just the beginning.

The total cryptocurrency market cap. is now sitting at $370B according to CoinMarketCap.


Bitcoin ( BTCUSDT ) on Poloniex ( Support & Resistance Levels)

Looking at the chart above, BTCUSDT on Poloniex, we can see that the volume is still low and the MACD still needs to climb a lot before reaching its ATH .

Our next target is now sitting at $13457, followed by $14855 on the chart above. We looked at different targets on the weekly time frame, here we are looking at the daily time frame for additional information. (Weekly analysis)

Strong resistance can be found at $16633, followed by a new ATH based on Fibonacci proportions at $21,772. Even $25,000 is possible as a new all-time high or higher depending on how this parabolic bull run develops.

As for support, we introduced EMA5, as EMA10 hasn't been touched since the 12th of June.

On a strong drop , if Bitcoin manages to close below $11490, we look for support at $10650 followed by $9590, or we can say that support on a strong drop is sitting at the $9,500 to $10,500 price range... We can use this as our main support.

Since we have a parabolic run, we also prepare for strong moves to the other side as potential scenarios. The strongest support on the chart above for a drop is now sitting at $7200.

We believe Bitcoin can go higher, and that the smaller sized altcoins will have a massive bull run once Bitcoin stops or retraces... Patience is key.

We will be looking at all of the major and minor altcoins now vs USD and/or the stable coin Tether (USDT), since the BTC pairs won't move positively until Bitcoin takes a break.

In the meantime, enjoy your bullish Bitcoin ... As the market grows, many more opportunities will also develop.

Thanks a lot for reading.

Make sure to hit like to show your support.

Namaste.
Comentario: Previous analysis:

Bullish Bitcoin Surpasses $11111, Aims At $15,255 or Higher
Comentario: On the daily chart, we can see great support, great momentum, great chart set-up, Bitcoin can go higher...
Comentario: We mentioned the NVT indicator back in May... this is what we had to say.

"NVT Indicator: We read about the NVT indicator and we can also see the sell signal. Please let's keep in mind that this is only one indicator.

This signal can either playout or it can't, even if the indicator is there and flashing a sell signal, it doesn't necessarily mean that Bitcoin is going to drop, but that it can drop based on certain criteria.

So this is just a signal... Sometimes we see divergence that goes for years before playing out. We see patterns and candles giving out signals that go the other way.

So this is a valid signal, but it doesn't decide what happens next."

----------------

You can see it here:
Just follow the trend...

Namaste.
Comentario: iExecRLC (RLCBTC)

Blox (CDTBTC)
Comentario: First target reached
"Our next target is now sitting at $13457, followed by $14855 on the chart above."
Comentario: Strong volume for the bears still trading above EMA10 on the 4H time frame.

Below EMA10 on the 1H time frame though, this might be the top for now...
Comentario: Fibonacci levels for the last bullish wave from Dec. 2018 low to ATH:
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Comentarios

Good to see you back and kicking it Alan!
+1 Responder
alanmasters TradingShot
@TradingShot, It is my pleasure to be around... Thanks a lot for the support. :)

Wishing you a great day.

Namaste.
+1 Responder
Nice! We are on the same wavelength it seems to me!

Today, a perfect day:

+1 Responder
alanmasters Cryptor07
@Cryptor07, That was a nice one... Perfect hit.

You think we will retrace here, consolidate or go higher?

Thanks a lot for sharing.
+1 Responder
Well done, Alan! BITCOIN Will Go to 30,709 USD - What The F Is Going On?

+1 Responder
alanmasters D4rkEnergY
@D4rkEnergY, Thanks for sharing.
Responder
I have this huge channel to share guys, its target pointing at 20,000usd and more. Better days are ahead guys.

+1 Responder
@weslad, Thanks a lot for sharing... We are going UP!
Responder
Perfect calls always on point sir!
I see we are in strong wave 3 since from 7800 this wave should take a break between 12/12500
Now btc hit 12900
I also published another idea for classic bearish div on daily which is going to confirm the break and retrace for a bout a week range

But i still calling for the strong support according to my previous idea between 10600/10800 and 11000/11200 area is going to be the area from where btc should not break it after we hit 12/12500 and this is very important to resume climbing towards previous ATH at least for now and if it didn't happen expect the blood

Just in case we got the reverse I expect the behavior for next wave to be similar to the last one from 7800 or even sharper.

Hope this help
+1 Responder
@Jocoin, Your comment, and charts are appreciated.

Namaste.
+1 Responder
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