Altcoins + Bitcoin All Good; EMA300 Holds, Next Target & Support

11 Feb 2022

Altcoins market update below...
Feel free to hit LIKE and let's get started with Bitcoin NOW!

Bitcoin Short-Term Analysis

Bitcoin did a good number yesterday and managed to break above EMA300 on the 4H timeframe.

This level, the gray line on the chart, is being tested as support and so far holding.

The bullish bias remains valid as long as prices stay above MA200 (black line on the chart).

You can see the arrows for the projected bullish path.


Altcoins Market Update

We started preparing for the Altcoins market bullish wave a few weeks ago and things are starting to move.

Let me share some tips with you and what I see coming.

First, things are only getting started and the opportunities are endless within these cryptocurrency markets.

If you see a pair that interests you but you have doubt, let it go... Find one where you feel sure/certain, develop a plan and jump on board.

Second, if you find a pair that you like but the breakout already took place, step-back, sit-out, relax... This is not the time to buy, once a strong move happens it is time to wait.

With endless opportunities, there is no need to rush, there is no need to chase any trade.

Buy & hold, be patient and the market will take care of the rest.

As for the Altcoins market...

We are bullish on both the USDT (ALTSUSDT) and BTC (ALTSBTC) pairs.

We are already seeing many pairs grow.
Bitcoin can do sideways or consolidate if the Altcoins are really to gain strength.

We continue looking positive, this never ends.

Prices go up, prices go down...
We profit on the way up, on the way down we buy and we rest.

Thank you for reading.
Your continued support is highly appreciated.

Namaste.