🔔 Exchange: Binance 🔔
#ETH/USDT
Signal Type: long term
Trade Type trade: long position
Range open trade: 280 - 320
Ammount: 10% from deposit
Target:
1) 360
2) 390
3) 410
Stop area: below 260
#ETH/USDT
Signal Type: long term
Trade Type trade: long position
Range open trade: 280 - 320
Ammount: 10% from deposit
Target:
1) 360
2) 390
3) 410
Stop area: below 260
🔔 Exchange: Binance 🔔
#BTC/USDT
Signal Type: long term
Trade Type trade: long position
Range open trade: 12450 - 12600
Ammount: 30% from deposit
Target:
1) 13600
2) 15600
Stop area: below 11500
#BTC/USDT
Signal Type: long term
Trade Type trade: long position
Range open trade: 12450 - 12600
Ammount: 30% from deposit
Target:
1) 13600
2) 15600
Stop area: below 11500
📍Current BTC update:📍
✅Bitcoin. Since the last review there have been significant changes in the situation. As we expected, one of the scenarios took place according to which Bitcoin breaks through the mark of 12 300$. The further strong movement did not take long to occur. What does it say about? We can very well claim that the price will no longer fall below the level of 12 000$.
After the price fell into correction and traded below the level of 10 000$ for a while, there was a good buy, and the price was pushed upward. The further price shortly showed signs of a new correction, but then there was a slow turning-point. A good seller was most likely absent. Also, it is obvious to us that the buyer did not plan on lowering prices to the attractive levels of 8 000 - 9 000 dollars which are awaited by the crowd in the market.
We will show a more detailed picture on the chart. Those who use our signals had to open their position at the end of the correction at 10 500 $. We recommend adding the second part of the position at the current marks, and the final part might be added at a new maximum. For those who did not take advantage of the current level signal, that is also a good entry point. In any case the price signals to go higher and try to take the highs. It is not worth waiting for good prices, otherwise you risk missing a good point now.
You probably saw a sharp price decrease by 550 dollars for 5 minutes. That locally hit buyers’ stops playing with margin, but nothing globally changed. This is why we do not recommend the inexperienced to trade on margin and believe that a safer trading is a long-term timeframe. One member of the market defiantly sold 7 350 bitcoins.
What does it say about? In fact, it says about nothing. You have to look at the global picture, and one intraday movement, in reality, changes nothing. Just to scare the crowd. However, an alarm signal will be a gradual price fall below 11 500 $. Meanwhile, it is OK if the price breaks through 12 000 $ briefly, 11 500 $ will be a very dangerous point for buyers.
✅ Altcoins: Everything is quite sad. It is clear that the rise of Bitcoin mainly results from the capital transfer from altcoins at the current marks.
If we look at the charts of altcoin-dollar ratio, they all are still, but the charts of altcoin- bitcoin ratio show a strong transfer. Even top 5 altcoins are very weak . We continue to assume that there will be an increase in capital inflows from altcoins into Bitcoin.
So, there is no point even trying to buy that what may fall by 50%, and then by 50% more and then grow by 30%. Mathematically, such a trading will be loss-making in a long run.
The domination of Bitcoin is almost 64%, and we do not see the limit.
It is currently obvious to us that the major market participants did not let the price drop onto more attractive levels for the crowd. So, it will test the highs.
✅Bitcoin. Since the last review there have been significant changes in the situation. As we expected, one of the scenarios took place according to which Bitcoin breaks through the mark of 12 300$. The further strong movement did not take long to occur. What does it say about? We can very well claim that the price will no longer fall below the level of 12 000$.
After the price fell into correction and traded below the level of 10 000$ for a while, there was a good buy, and the price was pushed upward. The further price shortly showed signs of a new correction, but then there was a slow turning-point. A good seller was most likely absent. Also, it is obvious to us that the buyer did not plan on lowering prices to the attractive levels of 8 000 - 9 000 dollars which are awaited by the crowd in the market.
We will show a more detailed picture on the chart. Those who use our signals had to open their position at the end of the correction at 10 500 $. We recommend adding the second part of the position at the current marks, and the final part might be added at a new maximum. For those who did not take advantage of the current level signal, that is also a good entry point. In any case the price signals to go higher and try to take the highs. It is not worth waiting for good prices, otherwise you risk missing a good point now.
You probably saw a sharp price decrease by 550 dollars for 5 minutes. That locally hit buyers’ stops playing with margin, but nothing globally changed. This is why we do not recommend the inexperienced to trade on margin and believe that a safer trading is a long-term timeframe. One member of the market defiantly sold 7 350 bitcoins.
What does it say about? In fact, it says about nothing. You have to look at the global picture, and one intraday movement, in reality, changes nothing. Just to scare the crowd. However, an alarm signal will be a gradual price fall below 11 500 $. Meanwhile, it is OK if the price breaks through 12 000 $ briefly, 11 500 $ will be a very dangerous point for buyers.
✅ Altcoins: Everything is quite sad. It is clear that the rise of Bitcoin mainly results from the capital transfer from altcoins at the current marks.
If we look at the charts of altcoin-dollar ratio, they all are still, but the charts of altcoin- bitcoin ratio show a strong transfer. Even top 5 altcoins are very weak . We continue to assume that there will be an increase in capital inflows from altcoins into Bitcoin.
So, there is no point even trying to buy that what may fall by 50%, and then by 50% more and then grow by 30%. Mathematically, such a trading will be loss-making in a long run.
The domination of Bitcoin is almost 64%, and we do not see the limit.
It is currently obvious to us that the major market participants did not let the price drop onto more attractive levels for the crowd. So, it will test the highs.
Crypto Classics Crypto Signals
🔔 Exchange: Binance 🔔 #BTC/USDT Signal Type: long term Trade Type trade: long position Range open trade: 12450 - 12600 Ammount: 30% from deposit Target: 1) 13600 2) 15600 Stop area: below 11500
If you opened position near 12 200$ it is good time to cover partially
📍Current BTC update:📍
✅Bitcoin. Just the day before yesterday, everything was so bright, and the price of Bitcoin reached the mark of 13 000$, but we saw a strong fall practically for two days. There was an increase in volatility, which is not very good in general. It is much better when there is a gradual growth of prices. In our opinion, the serious redistribution of capital takes place. The price got into the zone of unloading or intermediate consolidation. And, we will learn very soon what is actually happening.
Trading is work with risks and probabilities. When opening a position, we have to understand the probability of our being right in the future? If it is more than 50%, then the position entry is justified under condition of the risk being equal to the profit. In long term perspective, investments are always reasonable as you risk just 100% of capital, and not even always. In order to lose everything, the asset must cost zero, which is unlikely a priori. However, the profit may be unlimited. As concerns trading, we adhere to the belief that either side movement will be strong. And, what matters is being on the right side. If we see that the situation changes, we accept the loss and exit the market.
If we see that new entry signals turn up, we open a position. The secret of successful trading consists in the fact that we lose a little by exiting a position through stop loss, and we try to hold a profitable position as long as possible. Trading is a distance. If you have a lot of trades with little losses and big profits, then it will just be enough for you to be right in 30% of your trades. You will make money anyway.
Let us get back to Bitcoin. The situation has changed again over two days. In the previous overview, we did not indicate the price of 11 500$ for nothing. Starting from that price, Bitcoin has risen to 13 000$. The rollback to this point might mean that the seller is much stronger that the buyer. The move of 2000 dollars is sufficiently sizeable and expected correction, but not its full absorption. In other words, it looks as if there is a strong buyer that decided to push the price further after the end of the correction. But here appears the seller determined to turn the price to the initial point of growth.
Usually, when there is a full absorption of the price, the movement continues. In this case we anticipate the end of a trading day. If the price closes below 11 50$, then it is most likely to go even lower. It is never worth hoping in the market that you are right. You need to act relying upon facts. The next key levels are 10 800$ and 10 550$. Our tactics: as we got into the strong fight of sellers and buyers, it is not worth getting involved in that thing and it is a good idea to bide your time. It is not still clear from the daily chart if we are going to rise or fall. We will wait for the clearer picture.
What we noticed is that this very fall was accompanied by large volumes, which is not very positive. However, there is a positive aspect. Usually, the seller first lets the price show new highs in order to unload his position. The crowd loves buying there. Well, then the seller waits for the price’s fall. Everything here happens within the inner correction. What that is will shortly be written in the article. The stop is defined at the current moment and we have just to wait.
✅Bitcoin. Just the day before yesterday, everything was so bright, and the price of Bitcoin reached the mark of 13 000$, but we saw a strong fall practically for two days. There was an increase in volatility, which is not very good in general. It is much better when there is a gradual growth of prices. In our opinion, the serious redistribution of capital takes place. The price got into the zone of unloading or intermediate consolidation. And, we will learn very soon what is actually happening.
Trading is work with risks and probabilities. When opening a position, we have to understand the probability of our being right in the future? If it is more than 50%, then the position entry is justified under condition of the risk being equal to the profit. In long term perspective, investments are always reasonable as you risk just 100% of capital, and not even always. In order to lose everything, the asset must cost zero, which is unlikely a priori. However, the profit may be unlimited. As concerns trading, we adhere to the belief that either side movement will be strong. And, what matters is being on the right side. If we see that the situation changes, we accept the loss and exit the market.
If we see that new entry signals turn up, we open a position. The secret of successful trading consists in the fact that we lose a little by exiting a position through stop loss, and we try to hold a profitable position as long as possible. Trading is a distance. If you have a lot of trades with little losses and big profits, then it will just be enough for you to be right in 30% of your trades. You will make money anyway.
Let us get back to Bitcoin. The situation has changed again over two days. In the previous overview, we did not indicate the price of 11 500$ for nothing. Starting from that price, Bitcoin has risen to 13 000$. The rollback to this point might mean that the seller is much stronger that the buyer. The move of 2000 dollars is sufficiently sizeable and expected correction, but not its full absorption. In other words, it looks as if there is a strong buyer that decided to push the price further after the end of the correction. But here appears the seller determined to turn the price to the initial point of growth.
Usually, when there is a full absorption of the price, the movement continues. In this case we anticipate the end of a trading day. If the price closes below 11 50$, then it is most likely to go even lower. It is never worth hoping in the market that you are right. You need to act relying upon facts. The next key levels are 10 800$ and 10 550$. Our tactics: as we got into the strong fight of sellers and buyers, it is not worth getting involved in that thing and it is a good idea to bide your time. It is not still clear from the daily chart if we are going to rise or fall. We will wait for the clearer picture.
What we noticed is that this very fall was accompanied by large volumes, which is not very positive. However, there is a positive aspect. Usually, the seller first lets the price show new highs in order to unload his position. The crowd loves buying there. Well, then the seller waits for the price’s fall. Everything here happens within the inner correction. What that is will shortly be written in the article. The stop is defined at the current moment and we have just to wait.
✅ Altcoins: With Bictoin’s fall, all the altcoins slumped even more strongly. Let us pull the stops. The market of alcoins is weak as never.
The dominance of Bitcoin keeps on rising, which does not change the picture of the previous overview. In our view, the key developments for the Bitcoin’s price are unfolding. Their outcome will show the further direction. The current pattern is similar to the one set near the mark of 20 000$.
Be very careful and do not play on the market. Only cold judgment and the absence of emotions will help you take a right decision. Bear in mind that there cannot be an infinite growth, and the unlimited faith in the rise allows buyers to close profitable positions at your expense as since the start of the year, Bitcoin has soared more than by 300%. It is a good profit, isn’t it?
The dominance of Bitcoin keeps on rising, which does not change the picture of the previous overview. In our view, the key developments for the Bitcoin’s price are unfolding. Their outcome will show the further direction. The current pattern is similar to the one set near the mark of 20 000$.
Be very careful and do not play on the market. Only cold judgment and the absence of emotions will help you take a right decision. Bear in mind that there cannot be an infinite growth, and the unlimited faith in the rise allows buyers to close profitable positions at your expense as since the start of the year, Bitcoin has soared more than by 300%. It is a good profit, isn’t it?
Crypto Classics Crypto Signals
🔔 Exchange: Binance 🔔 #BTC/USDT Signal Type: long term Trade Type trade: long position Range open trade: 12450 - 12600 Ammount: 30% from deposit Target: 1) 13600 2) 15600 Stop area: below 11500
Out from all long positions and stay away for a some time. Correction of the market is continuing.
Forwarded from Crypto Classics VIP | Futures
Added another 10% to the position by 10 700$
Forwarded from Crypto Classics VIP | Futures
Second target 9 200 has been reached. 30% steel in the position.
Forwarded from Crypto Classics VIP | Futures
Closed out the rest position.
Forwarded from Crypto Classics VIP | Futures
📍Current BTC update:📍
✅ Bitcoin: So, in the last overview, the tactics of selling at new low, or buying at new high or reversal zones was shown. For those who is for the first time with us, we will explain that a point or a reversal zone is the price of an asset where a strong movement in one or another direction is most likely to start. If the breakout goes down, then we open a short position, and if there is a sharp pullback above the given zone or point after this, then we close a short and open a long position. The stop in this case is absent as the system is reverse. It means that we broke through the price of 9,800 dollars downward and fell by 10%. We opened the position even earlier after seeing certain signs of a possible price breakout. This is such a trick that comes with experience.
We have saved ourselves from a difficult decision. The point is that a lot of market participants, especially non-professional ones, like to sell or buy only after the breakout. Sometimes, that is right, but not in this case. Only with experience, you learn to evaluate charts not locally, but globally. The fact is that starting from 12,800 dollars, we fell strongly enough without any significant corrections. The level breakout of 9,800 dollars looked like culmination rather than the beginning of a move. Therefore, it is important to see the whole picture beforehand. The price on the chart will not fall forever and the rebound will happen anyway. The only question is when and what to do if you have just opened a position, realizing that a strong level has been broken through, and the price has gone against you. That's why we opened the position in advance, expecting a strong breakdown.
Now the price simply returned below the level of $ 9,800 and formed an intermediate unloading zone. If we look at the chart (below the denoscription), then we see the clear downward channel with definite zones. The breakthrough of this channel upward will not always mean a turning point. The day before yesterday there was a strong breakdown of the level of $ 9,800. If yesterday the price had strongly rebounded and returned above $ 9,800, this would have meant the end of the correction, and one could safely buy. However, yesterday was notable for the sluggish growth to the strong level, which tells us about the weakness of the buyer and the lack of strength to complete the correction.
We assume that the price may test the new level of support of $ 9,060 dollars and maybe not even reach it, then after accumulating enough position, it might break through $ 9,800. There is another growth scenario. We sharply break through $ 9,800 with one strong two-hour candle and fix a couple of hours higher. But, it is also worth considering a negative scenario. This is when we stand below this level and break down below 9,060 dollars. This will mean the continuation of the global correction. How do we understand that this is the continuation of the c, and not a reversal? To do this, we need to wait for at least one fairly strong rebound. If it does not develop into a new growth of Bitcoin, then this is a very sad sign, and the price is most likely to fall further, but in bear market this time.
At the moment, we are not opening a position yet. You very often have to wait in the market.
✅ Bitcoin: So, in the last overview, the tactics of selling at new low, or buying at new high or reversal zones was shown. For those who is for the first time with us, we will explain that a point or a reversal zone is the price of an asset where a strong movement in one or another direction is most likely to start. If the breakout goes down, then we open a short position, and if there is a sharp pullback above the given zone or point after this, then we close a short and open a long position. The stop in this case is absent as the system is reverse. It means that we broke through the price of 9,800 dollars downward and fell by 10%. We opened the position even earlier after seeing certain signs of a possible price breakout. This is such a trick that comes with experience.
We have saved ourselves from a difficult decision. The point is that a lot of market participants, especially non-professional ones, like to sell or buy only after the breakout. Sometimes, that is right, but not in this case. Only with experience, you learn to evaluate charts not locally, but globally. The fact is that starting from 12,800 dollars, we fell strongly enough without any significant corrections. The level breakout of 9,800 dollars looked like culmination rather than the beginning of a move. Therefore, it is important to see the whole picture beforehand. The price on the chart will not fall forever and the rebound will happen anyway. The only question is when and what to do if you have just opened a position, realizing that a strong level has been broken through, and the price has gone against you. That's why we opened the position in advance, expecting a strong breakdown.
Now the price simply returned below the level of $ 9,800 and formed an intermediate unloading zone. If we look at the chart (below the denoscription), then we see the clear downward channel with definite zones. The breakthrough of this channel upward will not always mean a turning point. The day before yesterday there was a strong breakdown of the level of $ 9,800. If yesterday the price had strongly rebounded and returned above $ 9,800, this would have meant the end of the correction, and one could safely buy. However, yesterday was notable for the sluggish growth to the strong level, which tells us about the weakness of the buyer and the lack of strength to complete the correction.
We assume that the price may test the new level of support of $ 9,060 dollars and maybe not even reach it, then after accumulating enough position, it might break through $ 9,800. There is another growth scenario. We sharply break through $ 9,800 with one strong two-hour candle and fix a couple of hours higher. But, it is also worth considering a negative scenario. This is when we stand below this level and break down below 9,060 dollars. This will mean the continuation of the global correction. How do we understand that this is the continuation of the c, and not a reversal? To do this, we need to wait for at least one fairly strong rebound. If it does not develop into a new growth of Bitcoin, then this is a very sad sign, and the price is most likely to fall further, but in bear market this time.
At the moment, we are not opening a position yet. You very often have to wait in the market.
Forwarded from Crypto Classics VIP | Futures
✅ Altcoins: If it suddenly seemed to you that altcoin gives a good entry point, then we advise you to view information about its metrics on https://coinmarketcap.com/If the capitalization of this crypto asset is not more than $ 10 million, and the average daily volume is less than 1,000 of Bitcoins, then we do not advise you to get into such a crypto asset. You will be able to easily take such a position, but it will be really difficult to get out of it. Especially if you have got quite a big deposit. Especially if you have to close the position by stop. And, to trade altcoins now for long term is akin to roulette. In general, we do not recommend trading something rather than top 5 by capitalization, according to https://coinmarketcap.com/while there is a weakness not only in the entire market, but also in Bitcoin.
At the moment, a lot of altcoins have substantially fallen and may give good bases for accumulation. We are waiting for the recurrence of the winter situation in altcoins. Then some coins just did not fall for a long time, several months. When Bitcoin broke through the level of $ 4,000, there was also a growth of altcoins. If suddenly you really want to trade the altcoins, then we advise you to take positions in these vey situations and allocate not more than 5% of your entire deposit for these trades. Globally, the situation has not changed, and the capital will continue to flow into the altcoins. However, there may be a rebound which everyone likes to take for bull rally.
Bitcoin's dominance decreased by 1.3% and currently makes up 65.4%. We could expect it since nothing lasts forever, even the growth of Bitcoin dominance. But we still do not recommend entering the altcoin market. If there are any interesting recommendations, we will give them.
At the moment, a lot of altcoins have substantially fallen and may give good bases for accumulation. We are waiting for the recurrence of the winter situation in altcoins. Then some coins just did not fall for a long time, several months. When Bitcoin broke through the level of $ 4,000, there was also a growth of altcoins. If suddenly you really want to trade the altcoins, then we advise you to take positions in these vey situations and allocate not more than 5% of your entire deposit for these trades. Globally, the situation has not changed, and the capital will continue to flow into the altcoins. However, there may be a rebound which everyone likes to take for bull rally.
Bitcoin's dominance decreased by 1.3% and currently makes up 65.4%. We could expect it since nothing lasts forever, even the growth of Bitcoin dominance. But we still do not recommend entering the altcoin market. If there are any interesting recommendations, we will give them.
🔔 Exchange: Binance 🔔
#BTC/USDT
Signal Type: long term
Trade Type trade: long position
Range open trade: 10 000 - 10 200
Ammount: 30% from deposit
Target:
1) 10 600
2) 11 200
Stop area: below 9 800
#BTC/USDT
Signal Type: long term
Trade Type trade: long position
Range open trade: 10 000 - 10 200
Ammount: 30% from deposit
Target:
1) 10 600
2) 11 200
Stop area: below 9 800
Forwarded from Crypto Classics VIP | Futures
Since the first goal was reached, the price has been trading in the range of 9,800 - 10,300 dollars. There is a retest of support levels. It is important to keep the stop below $ 9,800 since this is a reversal zone and if it breaks through, you can open a reverse short position.