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
Forwarded from Crypto Classics VIP | Futures
Forwarded from Crypto Classics VIP | Futures
✅ Altcoins: We see that many coins made good bounces. However, but in our opinion it’s worth focusing on the top 5 altcoins. The rest is not worthy of attention due to the lack of liquidity and strong manipulativeness. We are in some telegram groups that deal pump. They lure people through a call to buy one coin or another at the same time. However, we are more than sure that the organizers of these groups buy these coins in advance and sell them to those naive people who think they will be allowed to earn money on a pump. The amount of money in the market is limited and no one will let you make money, even if you paid money to enter the group.
All the same, the organizers will make money on you. Top 5 altcoins do not show signs of growth, but at least they do not fall rapidly. This is already a good signal, but it’s too early to buy. Bitcoin is ahead of everyone. In our opinion, it now makes sense to keep in short positions for a long time, but without big leverage and with good stops in case there are pumps. It will be very difficult to get you out of position. We repeat that we do not see any signs of a market reversal.
The dominance of bitcoin is currently 66%. The upward trend of domination is broken. However, we believe that not all altcoins will grow. Since the cryptocurrency market is a venture capital market, capital will flow only into promising coins. At the moment, the most promising, if not strange, is Bitcoin. 99% of the remaining coins will simply depreciate over time. The real altcoin market will be after bitcoin itself begins to grow.
Currently, we will more often do reviews, share information and give recommendations on speculative trades. But while we see a rather sluggish market, so the lack of a position is also a position. Stay tuned.
All the same, the organizers will make money on you. Top 5 altcoins do not show signs of growth, but at least they do not fall rapidly. This is already a good signal, but it’s too early to buy. Bitcoin is ahead of everyone. In our opinion, it now makes sense to keep in short positions for a long time, but without big leverage and with good stops in case there are pumps. It will be very difficult to get you out of position. We repeat that we do not see any signs of a market reversal.
The dominance of bitcoin is currently 66%. The upward trend of domination is broken. However, we believe that not all altcoins will grow. Since the cryptocurrency market is a venture capital market, capital will flow only into promising coins. At the moment, the most promising, if not strange, is Bitcoin. 99% of the remaining coins will simply depreciate over time. The real altcoin market will be after bitcoin itself begins to grow.
Currently, we will more often do reviews, share information and give recommendations on speculative trades. But while we see a rather sluggish market, so the lack of a position is also a position. Stay tuned.
Forwarded from Crypto Classics VIP | Futures
✅ Quick update:
So we completely absorbed the movement of the pump and returned and fell below the level of 7760 dollars. The next local support level is $ 7,400. At the moment, you need to be very careful. The price fell quietly from $ 9,000. A rebound is possible.
We are waiting for a reversal pattern and try to buy back with quick profit taking. However, if we stand here for several days and form a sell pattern, we will open a short speculative position. So far, practice shows that after such a movement there is a rollback in prices.
So we completely absorbed the movement of the pump and returned and fell below the level of 7760 dollars. The next local support level is $ 7,400. At the moment, you need to be very careful. The price fell quietly from $ 9,000. A rebound is possible.
We are waiting for a reversal pattern and try to buy back with quick profit taking. However, if we stand here for several days and form a sell pattern, we will open a short speculative position. So far, practice shows that after such a movement there is a rollback in prices.
Forwarded from Crypto Classics VIP | Futures
[In reply to Crypto Classics (VIP)]
#BTC/USD Take-Profit target 1 ✅
Profit: 8.5714% 📈
Period: 60 Hours 00 Minutes ⏰
#BTC/USD Take-Profit target 1 ✅
Profit: 8.5714% 📈
Period: 60 Hours 00 Minutes ⏰
Forwarded from Crypto Classics VIP | Futures
📍Current BTC update:📍
✅ Bitcoin: A week has passed since the last review, and some conclusions can already be drawn. After a strong pump, prices from $ 7,400 to $ 10,600 market participants almost closed this pump and even the price went lower. This is what happens when someone tries to manipulate the market.
Growth was sharp and not harmonious, which in most cases means manipulation. After such movements, the price returns to the place. This proves our belief that it is impossible to manipulate the price of an asset in a free market for a long time. Until the money runs out. Further, market participants will return the price to fair current levels. What we observed during this month.
However, from a technical point of view, the trading market is so arranged that the price will not fall forever and you must definitely expect a good rebound, especially in the bear market.
To begin with, we are still holding a short position with an entry price of $ 11,300. Current speculative buy positions were opened only for the purpose of hedging the main short position. There were two attempts. The first failed and we did not take risks, and the second worked. Moreover, the second position was opened for most of the deposit, unlike the first. This is due to the fact that we saw more clear signals for a price reversal. We will describe these signals on the chart. At the moment, the price has already reached the first target and a third of the position is covered.
This tactic is due to the fact that the movement is retreating and it should not be big. Now we transfer the stop to the rest of the position at breakeven and in case of a price return, we will still close the profit. However, we think that the price can still rebound to $ 7,800 - $ 8,000. The nature of the movement and the market show us that after fairly even and large falls there is always a pullback. From $ 10,600, the price fell without a significant rollback to $ 6,600. Which is quite a lot.
Well, if the price forms a reversal pattern, but purchases will be immediately closed, and we will already work on the trend in short. Also, we do not discard the possibility of forming a new accumulation zone. In this case, we will return to the trading methodology of reversal points.
✅ Altcoins: The problem with the altcoin market is that they are too cyclical and in many respects depend on bitcoin. If we take the top 5 cryptocurrency by capitalization, then there is no particular difference from the movement of bitcoin. Bitcoin bounced even more than some. For these reasons, it makes no sense to trade them speculatively. Bitcoin only.
As for the rest of the market, all these pumps are nothing more than manipulations. The altcoin market is worth buying only when the growth dynamics of the dominance of Bitcoin change and when Bitcoin itself draws a reversal pattern and creates all the prerequisites for growth.
Do not forget. That our goal is not to guess the direction of the market, but to make money. At the moment, we recommend waiting for the completion of the correction and selling altcoins. Since they fall faster than bitcoin.
Regarding the altcoin market, we can say the following. Currently, about 90% of all charts have a downward trend, and only 10% have somehow grown. This is an alarming sign for a simple investor in altcoins. Especially for a professional trader. Do not tempt fate. It only makes sense to trade Bitcoin, as it is the most predicted and there is also liquidity.
So, for the growth of altcoins, the necessary conditions have not yet been formed. It remains only to wait and lead already open positions.
✅ Bitcoin: A week has passed since the last review, and some conclusions can already be drawn. After a strong pump, prices from $ 7,400 to $ 10,600 market participants almost closed this pump and even the price went lower. This is what happens when someone tries to manipulate the market.
Growth was sharp and not harmonious, which in most cases means manipulation. After such movements, the price returns to the place. This proves our belief that it is impossible to manipulate the price of an asset in a free market for a long time. Until the money runs out. Further, market participants will return the price to fair current levels. What we observed during this month.
However, from a technical point of view, the trading market is so arranged that the price will not fall forever and you must definitely expect a good rebound, especially in the bear market.
To begin with, we are still holding a short position with an entry price of $ 11,300. Current speculative buy positions were opened only for the purpose of hedging the main short position. There were two attempts. The first failed and we did not take risks, and the second worked. Moreover, the second position was opened for most of the deposit, unlike the first. This is due to the fact that we saw more clear signals for a price reversal. We will describe these signals on the chart. At the moment, the price has already reached the first target and a third of the position is covered.
This tactic is due to the fact that the movement is retreating and it should not be big. Now we transfer the stop to the rest of the position at breakeven and in case of a price return, we will still close the profit. However, we think that the price can still rebound to $ 7,800 - $ 8,000. The nature of the movement and the market show us that after fairly even and large falls there is always a pullback. From $ 10,600, the price fell without a significant rollback to $ 6,600. Which is quite a lot.
Well, if the price forms a reversal pattern, but purchases will be immediately closed, and we will already work on the trend in short. Also, we do not discard the possibility of forming a new accumulation zone. In this case, we will return to the trading methodology of reversal points.
✅ Altcoins: The problem with the altcoin market is that they are too cyclical and in many respects depend on bitcoin. If we take the top 5 cryptocurrency by capitalization, then there is no particular difference from the movement of bitcoin. Bitcoin bounced even more than some. For these reasons, it makes no sense to trade them speculatively. Bitcoin only.
As for the rest of the market, all these pumps are nothing more than manipulations. The altcoin market is worth buying only when the growth dynamics of the dominance of Bitcoin change and when Bitcoin itself draws a reversal pattern and creates all the prerequisites for growth.
Do not forget. That our goal is not to guess the direction of the market, but to make money. At the moment, we recommend waiting for the completion of the correction and selling altcoins. Since they fall faster than bitcoin.
Regarding the altcoin market, we can say the following. Currently, about 90% of all charts have a downward trend, and only 10% have somehow grown. This is an alarming sign for a simple investor in altcoins. Especially for a professional trader. Do not tempt fate. It only makes sense to trade Bitcoin, as it is the most predicted and there is also liquidity.
So, for the growth of altcoins, the necessary conditions have not yet been formed. It remains only to wait and lead already open positions.
Forwarded from Crypto Classics VIP | Futures
The dominance of bitcoin has suspended its growth and is in a corrupt movement. At the moment, its 66.6%. We think that such a balance will continue to be maintained with slight fluctuations. This means that the market will evenly make movements and only Bitcoin will be slightly ahead of other altcoins from the top 5 cryptocurrency. Everything above the top 5 cryptocurrency lives its own life.
If you are not a professional trader and have not been trading in the financial markets for at least several years, then we do not recommend trading everything below the top 5 cryptocurrencies by capitalization. Such trading requires a different approach. We demonstrate to you that you can trade profitably without sitting all day at the monitor and trade only the top 5 altcoins by capitalization.
By the way, we will attach a set of iron rules to the VIP group, so you can know them. These are the rules that cost us a lot of the money and we do not break them. This approach allows you to relatively easily trade the cryptocurrency market and not feel the psychological stress from incorrect trading decisions. Good luck to all!
If you are not a professional trader and have not been trading in the financial markets for at least several years, then we do not recommend trading everything below the top 5 cryptocurrencies by capitalization. Such trading requires a different approach. We demonstrate to you that you can trade profitably without sitting all day at the monitor and trade only the top 5 altcoins by capitalization.
By the way, we will attach a set of iron rules to the VIP group, so you can know them. These are the rules that cost us a lot of the money and we do not break them. This approach allows you to relatively easily trade the cryptocurrency market and not feel the psychological stress from incorrect trading decisions. Good luck to all!