Crypto Classics Crypto Signals – Telegram
Crypto Classics Crypto Signals
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CryptoClassics (CC) is a team of crypto professionals who come from the traditional trade market.
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📍Current BTC update:📍

Bitcoin: at present Bitcoin is reaching the new local lows as opposed to the previous ones of $ 10,300, having hit the highest point of $ 13,970 this year in Binance. The chart looks formidable, and it feels like the price is about to slump further. But, in fact, such points are most likely to be turning. By the way, the same situation already happened to Bitcoin in the fall of 2017. The price then fell from $ 7,762 to $ 5361. Next, the strong reversal followed with the subsequent breakthrough of the highs and the drastic rise of the price. Now everything happens again, and we have to wait for the local reversal signal. It is worth buying at these prices, gradually adding to the position.

If this is a speculative trade, then the stop will be a consolidation price below $ 10,000 on the daily chart. However, in mid- and long-term, we recommend increasing the position. Many people expect good prices at $ 9,000 - $ 8,000 and below. However, we doubt that the market will give a chance to buy at such prices. Bitcoin's daily chart is still strong. What will change our position? If Bitcoin rebounds, then shows a good pattern for buy and cuts it.

Altcoins: at the current moment the top 5 altcoins are moving along with Bitcoin. Consequently, we believe that current prices are also attractive for opening positions. As regards speculative positions, we will give more accurate entry points through specific signals.

As for the rest of the altcoin market, it is extremely weak and it's not worth waiting for the altcoin season due to Bitcoin's growth potential being big enough.

Bitcoin's domination decreased from the maximum mark of 64% to 61%. This is partly caused by the redistribution of risk and the expectation of a part of market participants of the alts pump. This is also linked to technical corrections of the falling altcoins charts, which does not mean that these prices are good for purchase. You need to buy strong altcoins. And sell weak ones, which account for 98% of all at the moment.For more advice, please contact: @nickyusuf
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Crypto Classics (VIP)
from Crypto Classics
First target $ 10 900$ has been reached!For more advice, please contact: @nickyusuf
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from Crypto Classics
Сovered the whole position. Result - profit + 56%.For more advice, please contact: @nickyusuf
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from Crypto Classics
Still in the short positionFor more advice, please contact: @nickyusuf
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from Crypto Classics
Rest position covered by stop loss.For more advice, please contact: @nickyusuf
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from Crypto Classics
If you opened position near 12 200$ it is good time to cover partiallyFor more advice, please contact: @nickyusuf
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Crypto Classics (VIP)
from Crypto Classics
Out from all long positions and stay away for a some time. Correction of the market is continuing.For more advice, please contact: @nickyusuf
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Crypto Classics (VIP)
🔔 Exchange: Binance 🔔
#BTC/USDT
Signal Type: long term
Trade Type trade: long position

Range open trade: 10800 - 10900

Ammount: 10% from deposit

Target:
1) 11000
2) 11200
3) stop loss
Stop area: below 10600For more advice, please contact: @nickyusuf
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Crypto Classics Crypto Signals
Crypto Classics (VIP) Added another 10% to the position by 10 700$For more advice, please contact: @nickyusuf @
Crypto Classics (VIP)
Exit with a small loss the price does not do what is expected of it. Waiting now for another point with a small stop setupFor more advice, please contact: @nickyusuf
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Crypto Classics (VIP)
📍Current BTC update:📍

Bitcoin:The last month for cryptocurrency assets was quite interesting. Especially, the first two weeks of July. The price of Bitcoin has had mad volatility, and it moved $ 1,000 a day. This is a lot. It also means very strong stockjobbing around current levels. In our experience, we can say that bitcoin is both sold and bought at good volumes at current levels. There is apparently a very serious intermediate unloading of a position. A positive factor is that we have been in the price range of 13,800 - 9,800 dollars for almost a month now. It is very good for a long-term trend and price increase. The price needs to fall into correction and stand still for a while after a strong rise.

This is the law of price movement. We cannot rise forever. The same level of correction largely depends on the angle of price increase.

The movement from 4,000 to 9,000 dollars and from 9,000 to 13,800 dollars was practically parabolic, which implies a very strong and sharp pullback. Actually, we saw it. Next, market participants defined the strong level of support of $ 9,800, which is for the second time the spot where the price rebounded from.

If you remember, there was such a situation before. The price of 5,800 dollars served as a strong support. Each time we approached it, there was a sharp rebound. Nevertheless, we broke through it and slumped. This level is really very interesting in our opinion. To be successful in the speculative market, we have already written about that, we have to understand due to what reasons the price grows or falls. As a rule, that happens due to excessive positions of market participants.

The zones of triggering stops pose a great interest. For small local players, they are generally hidden under the nearest visible levels. They are clearly visible for some market participants, especially exchanges. If you trade with leverage, you should understand that the exchanges have all the calculations regarding you. Starting from the information at what price you opened a position, and at what price you will have liquidation by margin call.

That is why we never recommend trading with leverage higher than 2. In this case, even if you happen to be wrong, you will not be beaten out of the market. And, you can be punished very quickly, trading with leverage, especially in the volatile market that can in a couple of minutes move several percents, which will be enough to hit your stop, for example, the twentieth leverage. We always try to trade in such a way that even if the stop loss is reached, the losses are not substantial, at the same time we are trying to stretch the profit as long as possible. In other words, this approach assumes a conservative approach to risk with aggressive take-profit. What should we do at the moment in the current situation?

As you noticed, we have not given any signals in recent time. This is due to excessive volatility as well as the fact that the signals are now divided into two types. Very short-term with immediate execution and mid-term ones. Very short-term ones are capable of quickly giving profit, and we, taking care of you saving your funds and reducing risks, are not giving them yet. But we are giving mid and long-term ones as we consider them the safest. It is better to wait a bit and enter the market at the best price with the right approach and in a relatively safe situation than to risk excessively.

Our approach: Since short-term trades within the given range of price require a more detailed trade management, we apply them only after false breakthroughs at the current stage. The idea is that the price goes beyond the local level, triggers stop-orders and returns where we open our position. Such trades are frequent and require perseverance. This is what short-term traders need. The approach itself is very dangerous and requires the ability to execute trades well. We call this trading tactics turning points. There is a lower limit of trading Bitcoin which is 9,800 dollars.For more advice, please contact:...
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Crypto Classics (VIP)
As soon as the price approaches it, you need to look very closely at the behavior of the price. If there is a sharp and strong breakthrough downward, then this is the opening of a short position. The system is reverse. This means if the price suddenly goes above $ 9,800, then it is worth closing the short position and opening a long one. The sense of this approach is that we rely on a strong movement in any direction. A short stop gives us the opportunity to lose very little, and there is at the same time a good potential for a further strong movement. Turning points will be given on the chart. In the meantime, it is worth waiting. Often the best entry points are made by the most patient.

Altcoins: As we expected after the slightest drop in Bitcoin, altcoins fell with double force. Some of them showed a drop by 50%. The fastest could take advantage of this, but we do not recommend trading them yet. We are sure that altcoins will still show good entry points for buy. In the meantime, let us wait.
Bitcoin's domination is growing steadily and has already reached the mark of 66.7%. This suggests that Bitcoin is still the most attractive asset, and there is a fairly strong redistribution of capital.For more advice, please contact: @nickyusuf
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Crypto Classics (VIP)
It looks like we're ready to go lowerFor more advice, please contact: @nickyusuf
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Crypto Classics (VIP)
For more advice, please contact: @nickyusuf
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Crypto Classics (VIP)
🔔 Exchange: Binance (margin)🔔
#BTC/USDT
Signal Type: short term
Trade Type trade: short position

Range open trade: 10 000 - 10 100

Ammount: 30% from deposit

Target:
1) 9 700
2) 9 400

Stop area: above 10 300For more advice, please contact: @nickyusuf
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Crypto Classics (VIP)
there is no support under 9 800 and it can trigger panic sellFor more advice, please contact: @nickyusuf
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Crypto Classics (VIP)
For more advice, please contact: @nickyusuf
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Quick updateFor more advice, please contact: @nickyusuf
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