Forwarded from Crypto Classics VIP | Futures
📍Current BTC update:📍
✅ Bitcoin: A small update for today. The previous zone of Bitcoin's accumulation was quite small, then the price went up, hitting the mark of $ 10,950. A slow ascending channel is currently forming. Also, the level of inclination indicates a good trend. We are sure that the price will go further if nothing extraordinary happens.
Our tactics? After adding at the price of $ 10,350, we have formed a long position that is 40% of the deposit with an average price of $ 10,200. There is also a short position of 10% of the deposit at the price of $ 11,300. If the price moves above $ 11,000, then we will cover the short position and leave the long one. We have already written that, in our view, there will be further growth.
Is there a negative scenario? Yes, there is. If the price stands still a little and breaks the ascending channel. This is the first signal, and the second is if the price tries to go up, but it is immediately driven down. In this case, we will consider a hedging short position again. In the meantime, everything goes according to the plan.
✅ Altcoins: Most altcoins have deep downward charts, which is rather sad. But we have one position, and it is Binance coin. In our opinion, this coin shows good strength, and it, at least, has broken the downward trend. For the time being, we do not recommend to open positions in the rest of the market because our task is to earn money and not to play roulette or give money out to the market.
Bitcoin's domination is 69.1% at the moment. A steady trend has formed, and we must at least approach a strong resistance zone to break it, and that means that its domination should equal 78%. Only there, to our mind, might be a reversal. Many say that now there are enough high-quality altcoins to redistribute liquidity, but we do not agree with that.
The role of altcoins is currently to serve as an alternative to Bitcoin. But what alternative can there be so far if we see no breakthrough in the use of these technologies? Only Bitcoin works hard, the rest just shows promise. We should not trade expectations. The market will show true value to altcoins over time. But now it’s a waste of money.
✅ Bitcoin: A small update for today. The previous zone of Bitcoin's accumulation was quite small, then the price went up, hitting the mark of $ 10,950. A slow ascending channel is currently forming. Also, the level of inclination indicates a good trend. We are sure that the price will go further if nothing extraordinary happens.
Our tactics? After adding at the price of $ 10,350, we have formed a long position that is 40% of the deposit with an average price of $ 10,200. There is also a short position of 10% of the deposit at the price of $ 11,300. If the price moves above $ 11,000, then we will cover the short position and leave the long one. We have already written that, in our view, there will be further growth.
Is there a negative scenario? Yes, there is. If the price stands still a little and breaks the ascending channel. This is the first signal, and the second is if the price tries to go up, but it is immediately driven down. In this case, we will consider a hedging short position again. In the meantime, everything goes according to the plan.
✅ Altcoins: Most altcoins have deep downward charts, which is rather sad. But we have one position, and it is Binance coin. In our opinion, this coin shows good strength, and it, at least, has broken the downward trend. For the time being, we do not recommend to open positions in the rest of the market because our task is to earn money and not to play roulette or give money out to the market.
Bitcoin's domination is 69.1% at the moment. A steady trend has formed, and we must at least approach a strong resistance zone to break it, and that means that its domination should equal 78%. Only there, to our mind, might be a reversal. Many say that now there are enough high-quality altcoins to redistribute liquidity, but we do not agree with that.
The role of altcoins is currently to serve as an alternative to Bitcoin. But what alternative can there be so far if we see no breakthrough in the use of these technologies? Only Bitcoin works hard, the rest just shows promise. We should not trade expectations. The market will show true value to altcoins over time. But now it’s a waste of money.
Forwarded from Crypto Classics VIP | Futures
📍Current BTC update:📍
✅ Bitcoin: Several days have passed since the last review, and the situation has changed a bit. As we indicated in the previous review, a pennant pattern is forming on the weekly chart. We had expectations of its breakthrough upward on this wave of growth, but it seems that we are going to test the lower border of the figure somewhere near $ 8,000. A downward trend with a strong support level of $ 9,700 is forming on the daily chart. As a rule, if the price is constantly magnetized to a certain level, then sooner or later it is broken through.
Of course, it would be great if the price could hold, but this is the cryptocurrency market and anything can happen there. In any case, we must be prepared for all scenarios of development and have a clear plan for any movement. We may linger in the range of 9,800 - 10,200 dollars for some time. In this range, we do not recommend using the entry technique by turning points, because the dynamics is going to lower price, and the best entry point will be the lower border of this zone.
Our tactics? We are still holding the long position, and if the price moves below $ 9,800, then we will cover it and at the same time increase the short position, which has been held from the level of $ 11,300. Thus, we move the balance from a long position to a short one, since there is a good chance that the price will go below $ 9,000. At the level of 9,700 dollars, we will closely monitor the trading. If the level is broken down, and the price will not return higher, and vice versa, the price will fall by 200-300 dollars and it is traded there for a while, then this is a strong short position.
Yes, we would like the price of Bitcoin to grow, but you should not fall for an asset when it comes to money. Our task is to make money, not believe. It's good that we can open a short position in Bitcoin. This gives us the opportunity to earn even from a fall. Of course, if we return above the level of 12,000 dollars, then this is a strictly bullish scenario. Well, for now, it’s worth trading very carefully.
✅ Altcoins: Altcoins. It is not time yet to invest in alternative technologies. If Bitcoin breaks down below the level of $ 9,700, then this will give an even greater impetus to the fall of altcoins which may simply drop significantly.
Bitcoin’s domination is 68.4%. We have been near this figure for several days. Bitcoin will decide everything. If a breakdown of the level of $ 9,700 will take place, then the domination will increase significantly. We have not seen any signs of a reversal in the trend so far. We have already written that this figure might reach 80-85% even despite the fact that so many new coins and cryptocurrencies have been created.
✅ Bitcoin: Several days have passed since the last review, and the situation has changed a bit. As we indicated in the previous review, a pennant pattern is forming on the weekly chart. We had expectations of its breakthrough upward on this wave of growth, but it seems that we are going to test the lower border of the figure somewhere near $ 8,000. A downward trend with a strong support level of $ 9,700 is forming on the daily chart. As a rule, if the price is constantly magnetized to a certain level, then sooner or later it is broken through.
Of course, it would be great if the price could hold, but this is the cryptocurrency market and anything can happen there. In any case, we must be prepared for all scenarios of development and have a clear plan for any movement. We may linger in the range of 9,800 - 10,200 dollars for some time. In this range, we do not recommend using the entry technique by turning points, because the dynamics is going to lower price, and the best entry point will be the lower border of this zone.
Our tactics? We are still holding the long position, and if the price moves below $ 9,800, then we will cover it and at the same time increase the short position, which has been held from the level of $ 11,300. Thus, we move the balance from a long position to a short one, since there is a good chance that the price will go below $ 9,000. At the level of 9,700 dollars, we will closely monitor the trading. If the level is broken down, and the price will not return higher, and vice versa, the price will fall by 200-300 dollars and it is traded there for a while, then this is a strong short position.
Yes, we would like the price of Bitcoin to grow, but you should not fall for an asset when it comes to money. Our task is to make money, not believe. It's good that we can open a short position in Bitcoin. This gives us the opportunity to earn even from a fall. Of course, if we return above the level of 12,000 dollars, then this is a strictly bullish scenario. Well, for now, it’s worth trading very carefully.
✅ Altcoins: Altcoins. It is not time yet to invest in alternative technologies. If Bitcoin breaks down below the level of $ 9,700, then this will give an even greater impetus to the fall of altcoins which may simply drop significantly.
Bitcoin’s domination is 68.4%. We have been near this figure for several days. Bitcoin will decide everything. If a breakdown of the level of $ 9,700 will take place, then the domination will increase significantly. We have not seen any signs of a reversal in the trend so far. We have already written that this figure might reach 80-85% even despite the fact that so many new coins and cryptocurrencies have been created.
Forwarded from Crypto Classics VIP | Futures
📍Current BTC update:📍
✅ Bitcoin:Nothing has changed since the last review. Bitcoin is trading within a fairly wide range of 9,800 - 10,800 dollars. A breakdown will indicate the high probability of a bearish scenario. An upside breakout will not tell us anything much, as there is still quite a strong level of 11,000 dollars.
Only after taking it and consolidating is it worth thinking about buys. At the current levels, it makes sense to trade in the lower and upper border of the corridor according to the principle of reversal points. But this time you need to change tactics and take profit at the upper border of $ 10,800 and, in case of a reversal, open a short position, setting the goal to the lower border of $ 10,000. It is not necessary to cover it at the very border, but a little earlier, to close a trade for sure.
When the price rebounds, you should try to open a long position. But as soon as there is a breakout of the borders of this range, it is worth opening a position in the direction of a breakout. The price will most likely move further well.
Our tactics? At the moment, we are holding a long position at the price of $ 10,200 and a short position at the price of $ 11,300. We are going to work from the borders of the zone of $ 9,800 and $ 10,800 by using turning points.
We described the tactics above. It’s not worth inventing anything, everything is quite simple. The main thing is the plan and strict adherence to it. It is possible that we can get stuck here for a long time.
✅ Altcoins: When Bitcoin breaks down below the lower border, you can even open short positions for some altcoins to catch the first strong movement, because if Bitcoin falls, the other altcoins will drop with a vengeance. Buys are out of question so far.
Unless Bitcoin shoots up, breaks through the level of $ 11,000, consolidates there and slowly grows. In this case, speculative capital can pump altcoins. We will see it. In the meantime, we are standing by. At the moment, liquidity is leaving the altcoin market, and it’s not so easy to take a large position, which is a very bad sign for us. Only the top 5 altcoins are suitable for trading and investment, well, maybe, a couple more from the rest of the market, and it is sad.
Bitcoin’s domination is currently 68.9%. The marks are almost the same as from the last review. Nothing has essentially changed, most of the capital is in the most liquid cryptocurrency.
✅ Bitcoin:Nothing has changed since the last review. Bitcoin is trading within a fairly wide range of 9,800 - 10,800 dollars. A breakdown will indicate the high probability of a bearish scenario. An upside breakout will not tell us anything much, as there is still quite a strong level of 11,000 dollars.
Only after taking it and consolidating is it worth thinking about buys. At the current levels, it makes sense to trade in the lower and upper border of the corridor according to the principle of reversal points. But this time you need to change tactics and take profit at the upper border of $ 10,800 and, in case of a reversal, open a short position, setting the goal to the lower border of $ 10,000. It is not necessary to cover it at the very border, but a little earlier, to close a trade for sure.
When the price rebounds, you should try to open a long position. But as soon as there is a breakout of the borders of this range, it is worth opening a position in the direction of a breakout. The price will most likely move further well.
Our tactics? At the moment, we are holding a long position at the price of $ 10,200 and a short position at the price of $ 11,300. We are going to work from the borders of the zone of $ 9,800 and $ 10,800 by using turning points.
We described the tactics above. It’s not worth inventing anything, everything is quite simple. The main thing is the plan and strict adherence to it. It is possible that we can get stuck here for a long time.
✅ Altcoins: When Bitcoin breaks down below the lower border, you can even open short positions for some altcoins to catch the first strong movement, because if Bitcoin falls, the other altcoins will drop with a vengeance. Buys are out of question so far.
Unless Bitcoin shoots up, breaks through the level of $ 11,000, consolidates there and slowly grows. In this case, speculative capital can pump altcoins. We will see it. In the meantime, we are standing by. At the moment, liquidity is leaving the altcoin market, and it’s not so easy to take a large position, which is a very bad sign for us. Only the top 5 altcoins are suitable for trading and investment, well, maybe, a couple more from the rest of the market, and it is sad.
Bitcoin’s domination is currently 68.9%. The marks are almost the same as from the last review. Nothing has essentially changed, most of the capital is in the most liquid cryptocurrency.
Forwarded from Crypto Classics VIP | Futures
📍Current BTC update:📍
✅ Bitcoin:Yesterday there was an expected breakdown. That is why we always try to consider several scenarios of market development. A week ago, we were sure that the price would test strong resistance levels of $ 12,000 and $ 14,000. But everything has changed dramatically.
Trading is not only a process of clicking on buy and sell buttons, but it is also the ability to adapt to the market. Unfortunately, many are trying to dictate terms to the market, although it is, in fact, the opposite. Only those who do not go against the market survive. Only those who have very good flexibility in strategies and approach make money.
The market is a strong element, and it does not care about your thoughts and plans. If you stand in its way, this will certainly end very badly. We often hear from traders and investors that the market "must". It owes nothing to anyone. You should always act on the fact and not expect something from the market. The breakdown of the strong support level of $ 9,800 and a fairly deep drop without a return tell us that we are going to test lower levels of support.
At the moment, we can state the fact that the market is bearish again. In general, cryptocurrencies are very volatile. Their feature is still speculation. More precisely, at present, all that underlies cryptocurrencies is speculation. Therefore, crypto assets can either grow high enough or fall deep enough. The innovative technologies market lives on expectations, but the cryptocurrency market does not have such ability yet. That is why most crypto assets simply fall to zero.
Our tactics. We have completely covered a long position. At the current levels, we do not see buy signals. It is possible to trade rebounds, but it is dangerous so far. What is the point? if you can trade a trend. In previous reviews, we have already written that a bull pennant is forming globally, but it is still far from complete. Nevertheless, we are still holding a short position from the level of 11 300 dollars and we added to it last night. At the moment, we have got a good profit.
The bear market is characterized by sharp rebounds which will seem a trend reversal to many. But we do not advise rushing. For a proper reversal, it will take time to accumulate a good position. Only then does it make sense to consider buying for the long term. In the meantime, we are waiting for signals of the continuation of the fall. Remember that the market owes nothing to anyone. If you made a mistake in the forecast or direction of the price, then accept you being wrong and cover the position, otherwise it will cost you much more money.
✅ Altcoins: . As we expected as soon as Bitcoin broke down below the support level of $ 9,800, altcoins slumped with a vengeance. Our recommendation to open short positions in altcoins worked well and brought profit. We believe that there will be a further fall, so get the idea of the altcoins' season out of your head .
Bitcoin’s domination is currently 69%. The flow of capital from altcoins to Bitcoin continues. At some point, when the market realizes that the bearish cycle has come again, the flow will accelerate.
✅ Bitcoin:Yesterday there was an expected breakdown. That is why we always try to consider several scenarios of market development. A week ago, we were sure that the price would test strong resistance levels of $ 12,000 and $ 14,000. But everything has changed dramatically.
Trading is not only a process of clicking on buy and sell buttons, but it is also the ability to adapt to the market. Unfortunately, many are trying to dictate terms to the market, although it is, in fact, the opposite. Only those who do not go against the market survive. Only those who have very good flexibility in strategies and approach make money.
The market is a strong element, and it does not care about your thoughts and plans. If you stand in its way, this will certainly end very badly. We often hear from traders and investors that the market "must". It owes nothing to anyone. You should always act on the fact and not expect something from the market. The breakdown of the strong support level of $ 9,800 and a fairly deep drop without a return tell us that we are going to test lower levels of support.
At the moment, we can state the fact that the market is bearish again. In general, cryptocurrencies are very volatile. Their feature is still speculation. More precisely, at present, all that underlies cryptocurrencies is speculation. Therefore, crypto assets can either grow high enough or fall deep enough. The innovative technologies market lives on expectations, but the cryptocurrency market does not have such ability yet. That is why most crypto assets simply fall to zero.
Our tactics. We have completely covered a long position. At the current levels, we do not see buy signals. It is possible to trade rebounds, but it is dangerous so far. What is the point? if you can trade a trend. In previous reviews, we have already written that a bull pennant is forming globally, but it is still far from complete. Nevertheless, we are still holding a short position from the level of 11 300 dollars and we added to it last night. At the moment, we have got a good profit.
The bear market is characterized by sharp rebounds which will seem a trend reversal to many. But we do not advise rushing. For a proper reversal, it will take time to accumulate a good position. Only then does it make sense to consider buying for the long term. In the meantime, we are waiting for signals of the continuation of the fall. Remember that the market owes nothing to anyone. If you made a mistake in the forecast or direction of the price, then accept you being wrong and cover the position, otherwise it will cost you much more money.
✅ Altcoins: . As we expected as soon as Bitcoin broke down below the support level of $ 9,800, altcoins slumped with a vengeance. Our recommendation to open short positions in altcoins worked well and brought profit. We believe that there will be a further fall, so get the idea of the altcoins' season out of your head .
Bitcoin’s domination is currently 69%. The flow of capital from altcoins to Bitcoin continues. At some point, when the market realizes that the bearish cycle has come again, the flow will accelerate.
Forwarded from Crypto Classics VIP | Futures
Binance, Coinbase PRO
#BTC/USD Take-Profit target 1 ✅
Profit: 6.1904% 📈
Period: 250 Hours 4710 Minutes ⏰
#BTC/USD Take-Profit target 1 ✅
Profit: 6.1904% 📈
Period: 250 Hours 4710 Minutes ⏰
Forwarded from Crypto Classics VIP | Futures
Binance, Coinbase PRO
#BTC/USD Take-Profit target 2 ✅
Profit: 10.2104% 📈
Period: 35150 Hours 38 Minutes ⏰
#BTC/USD Take-Profit target 2 ✅
Profit: 10.2104% 📈
Period: 35150 Hours 38 Minutes ⏰
Forwarded from Crypto Classics VIP | Futures
📍Current BTC update:📍
✅ Bitcoin:Well, how do you accumulate positions on a campaign with a goal of $ 20,000? Never buy until there are clear signals on the long. Our short position brought a huge profit. Sometimes you have to wait a few weeks for a good trade. Such realities.
✅ Altcoins:Short and only short. The crypto market is falling and this is obvious.
The dominance of bitcoin is currently 68.3%. This is a retrace after the last move. Our forecast is 80-85% in the long run.
General recommendation: NEVER BUY ON SUCH KIND OF FALL. It will end with a margin call.
✅ Bitcoin:Well, how do you accumulate positions on a campaign with a goal of $ 20,000? Never buy until there are clear signals on the long. Our short position brought a huge profit. Sometimes you have to wait a few weeks for a good trade. Such realities.
✅ Altcoins:Short and only short. The crypto market is falling and this is obvious.
The dominance of bitcoin is currently 68.3%. This is a retrace after the last move. Our forecast is 80-85% in the long run.
General recommendation: NEVER BUY ON SUCH KIND OF FALL. It will end with a margin call.
Forwarded from Crypto Classics VIP | Futures
Binance, Coinbase PRO
#BTC/USD Take-Profit target 3 ✅
Profit: 25.1457% 📈
Period: 419 Hours 15 Minutes ⏰
#BTC/USD Take-Profit target 3 ✅
Profit: 25.1457% 📈
Period: 419 Hours 15 Minutes ⏰
Forwarded from Crypto Classics VIP | Futures
Despite the decline of bitcoin and the lack of altcoin season, banks are slowly but surely moving towards the use of blockchain technologies. Sooner or later, this will affect the crypto assets market anyway and they will begin to grow. Not all, but nevertheless, a sign that the expansion of cryptocurrencies continues and will remain with us for many years. There is one skill in trading, without which success is almost impossible - the ability to wait.
Forwarded from Crypto Classics VIP | Futures
📍Current BTC update:📍
✅ Bitcoin:Nothing has changed since the last review. Bitcoin is trading within a fairly wide range of 7,700 - 8,650 dollars. A breakdown will indicate the high probability of a bearish scenario. An upside breakout will not tell us anything much, as there is still quite a strong level of 9,000 dollars.
Only after taking it and consolidating is it worth thinking about buys. At the current levels, it makes sense to trade in the lower and upper border of the corridor according to the principle of reversal points. But this time you need to change tactics and take profit at the upper border of $ 8,600 and, in case of a reversal, open a short position, setting the goal to the lower border of $ 7,800. It is not necessary to cover it at the very border, but a little earlier, to close a trade for sure.
When the price rebounds, you should try to open a long position. But as soon as there is a breakout of the borders of this range, it is worth opening a position in the direction of a breakout. The price will most likely move further well.
Our tactics? At the moment, we are holding a short position at the price of $ 11,300. We are going to work from the borders of the zone of $ 7,700 and $ 8,650 by using reversal points.
We described the tactics above. It’s not worth inventing anything, everything is quite simple. The main thing is the plan and strict adherence to it. It is possible that we can get stuck here for a long time.
✅ Altcoins: When Bitcoin breaks down below the lower border, you can even open short positions for some altcoins to catch the first strong movement, because if Bitcoin falls, the other altcoins will drop with a vengeance. Buys are out of question so far.
Unless Bitcoin shoots up, breaks through the level of $ 9,000, consolidates there and slowly grows. In this case, speculative capital can pump altcoins. We will see it. In the meantime, we are standing by. At the moment, liquidity is leaving the altcoin market, and it’s not so easy to take a large position, which is a very bad sign for us. Only the top 5 altcoins are suitable for trading and investment, well, maybe, a couple more from the rest of the market, and it is sad.
Sometimes we see pumps in the market for altcoins with a small capitalization. These manipulations are done by groups of people. There are many telegram groups on this one to him. We do not advise you to get into this kind of adventure. Very dangerous for inexperienced traders. In general, market manipulations threaten with prison sentences and heavy fines. Sooner or later they will find you. Do not do things that make you constantly look around.
Bitcoin’s domination is currently 66.2%. There is a correction, but this is not a reason for the active trading of altcoins, because at any moment the growth of domination may resume.The marks are almost the same as from the last review. Nothing has essentially changed, most of the capital is in the most liquid cryptocurrency.
✅ Bitcoin:Nothing has changed since the last review. Bitcoin is trading within a fairly wide range of 7,700 - 8,650 dollars. A breakdown will indicate the high probability of a bearish scenario. An upside breakout will not tell us anything much, as there is still quite a strong level of 9,000 dollars.
Only after taking it and consolidating is it worth thinking about buys. At the current levels, it makes sense to trade in the lower and upper border of the corridor according to the principle of reversal points. But this time you need to change tactics and take profit at the upper border of $ 8,600 and, in case of a reversal, open a short position, setting the goal to the lower border of $ 7,800. It is not necessary to cover it at the very border, but a little earlier, to close a trade for sure.
When the price rebounds, you should try to open a long position. But as soon as there is a breakout of the borders of this range, it is worth opening a position in the direction of a breakout. The price will most likely move further well.
Our tactics? At the moment, we are holding a short position at the price of $ 11,300. We are going to work from the borders of the zone of $ 7,700 and $ 8,650 by using reversal points.
We described the tactics above. It’s not worth inventing anything, everything is quite simple. The main thing is the plan and strict adherence to it. It is possible that we can get stuck here for a long time.
✅ Altcoins: When Bitcoin breaks down below the lower border, you can even open short positions for some altcoins to catch the first strong movement, because if Bitcoin falls, the other altcoins will drop with a vengeance. Buys are out of question so far.
Unless Bitcoin shoots up, breaks through the level of $ 9,000, consolidates there and slowly grows. In this case, speculative capital can pump altcoins. We will see it. In the meantime, we are standing by. At the moment, liquidity is leaving the altcoin market, and it’s not so easy to take a large position, which is a very bad sign for us. Only the top 5 altcoins are suitable for trading and investment, well, maybe, a couple more from the rest of the market, and it is sad.
Sometimes we see pumps in the market for altcoins with a small capitalization. These manipulations are done by groups of people. There are many telegram groups on this one to him. We do not advise you to get into this kind of adventure. Very dangerous for inexperienced traders. In general, market manipulations threaten with prison sentences and heavy fines. Sooner or later they will find you. Do not do things that make you constantly look around.
Bitcoin’s domination is currently 66.2%. There is a correction, but this is not a reason for the active trading of altcoins, because at any moment the growth of domination may resume.The marks are almost the same as from the last review. Nothing has essentially changed, most of the capital is in the most liquid cryptocurrency.
Forwarded from Crypto Classics VIP | Futures
[Переслано из Crypto Classics]
🔔 Exchange: Binance,Coinbase Pro 🔔
#BTC/USDT
Signal Type: long term
Trade Type trade: long position
Range open trade: 7 900 - 8 100
Ammount: 30% from deposit
Target:
1) 8 300
2) 8 600
Stop area: below 7 800
🔔 Exchange: Binance,Coinbase Pro 🔔
#BTC/USDT
Signal Type: long term
Trade Type trade: long position
Range open trade: 7 900 - 8 100
Ammount: 30% from deposit
Target:
1) 8 300
2) 8 600
Stop area: below 7 800