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Crypto Signals
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Good morning dear friends, how are you? I hope you are doing well. I am going to post Bitcoin analyze to update you. At the moment, Bitcoin is boss and everything depends on Bitcoin and that's why I analyze BTC more than other coins.
BTC - 1 hour time frame
I hope Bitcoin won't breakout here and ALTs party could start.
This photo is showing the Bitcoin is overbought and it should go to 30-40 area. If it drop to 30-40 then it is time to buy because under 30 Bitcoin will be oversold.
This is reason why I do not suggest buying BTC at this price.
If you want to trade BTC for short-term, then follow this. This is only for short-term ( 1 hour time frame )
You are asking me where am I drawing these charts?
In my opinion, best site for this is coinigy. I was testing it as a free member and then paid membership fee.
Here is my referral link for sign up: https://www.coinigy.com/?r=b2a121f1
I suggest to test as a free member and if you think it is valuable, then you can pay. Free membership lasts 30 days and if you do not pay, you won't be able to use it.
In my opinion, every trader should have something like this. You need to have site like this to try predict future price movement. My team is making trading course and it will be explained on coinigy because as I said, it is best site at the moemnt.
Maybe it will look too complicated for you, but I will try to make tutorials soon to help you 🤗😉
BTC chart update
It is trying to cross resistance area. I hope it wont happen, but it has chance because of news that are coming today so be careful.
I would not recommend buying ALTs at the moment, let's see first what will happen with Bitcoin!
ETH
ETH has broken trend line and it should find support in this area. I hope it will be at 0.03BTC, if not there then at 0.029BTC
As I said,be careful, BTC has broken resistance, ALTs are down again 😞
After all things that I read about TokenPay, I decided not to invest. I could decided to tell you to invest toget huge referral commission and make 100k$ in few days but it is not my goal.
4 reasons why I decided this:
1) Huge bonus and bad mathematics. In whitepaper there is info that 3% is going for bonus ( it include ref + bonus when you buy ), but bonus is much higher so it is much more than 3%. If you decided to give us bonus, then say honestly how much % of coins will be for bonus!
2) This is not unique project. There is coin called Spectrocoin with same plans and there is rummor that TokenPay copied few things like wallet and it is same as Spectrocoin.
3) They are not focussed. You can not be best in everything. They want coin, bank, exchange, credit card but for that you need huge team. It is better to have best exchange than to have 10 solid projects.
4) Only 2 developers???? Are you kidding me???? I am sorry but it is not possible, they need at least team of 20 great developers to make this happen but with 2 developers it is not possible.
One more time, I could make huge money from this coin just by reffering you because overnight more than 200 members joined but luckily so far none of them bought coins. I am not that type of guy to promote something that has no value just to make money overnight!
Share with your friends and warn them. They could be easily scammed with this coin!!!
I expect to see huge promotion for this ICO because of referral bonus but this coin has very small chance to become good project. It is my opinion based on things that I can see at the moment. I could be wrong, but it is better to miss something than to lose all money.
BTC chart update
RSI on BTC is going into area of overbought so I hope it will cause downtrend.
If you do not know, area of overbought is over 70 and area of oversol is under 30 so it is ideal buying opportunity
There are a lot of news for BTC, it can ruin our trades again but luckily, this uptrend didn't caused big bloodbath. I hope lowest possible price for ALTs will be same as 2-3 days ago to make double bottom and nice support for uptrend for few weeks not only day or two
I will make analyze of Finom ICO in day or two because a lot of members ask me about that. All info that you have avout this ICO, please send to me @TheCryptoExpert. Thank you
I have free time now and I want to answer your questions so if you have any question let me know @TheCryptoExpert
I see a lot of you do not understand how thinds are going when we get news about update or something like that.
Let me explain you
For example, we got news that STRAT will release new wallet in 10 days. Right after that news, price will go 10-15% up. Then it will go 60-70% down from the top and then uptrend will start and price will go up step by step.
2-3 days before that update, price will start slowly to drop? Why?
Hype started 10 days ago and it lasts 7-8 days and now we do not have new buyers and those who bought few days ago, will see that there is not sign of new uptrend and they will start selling and price will drop very fast. If you keep holding thinking that price will boom after there release wallet, you are wrong. It won't happen because everyone know about that news and if they wanted to buy STRAT, they would buy it. They wouldn't wait for it to happen.
There are a lot of types of forks. There is fork where coin will be splitted and holders are going to receive bonus coins.
In this case, price will go up and up and once fork happend, it will drop very fast because they got coins and there is not reason to wait more.
On the other side, there is fork where coin will go through some update in certain period and holders won't receive any coin as a bonus. So that's reason why coin will jump after fork announcement but once they read everything, it will start dropping even before fork because holders will start booking profit and there are not new buyers because there is not reason to buy that coin. Software update won't affect price so much. Yes it can cause nice gain of 20-30% but it hasn't power as fork where holders will receive bonus coins or where certain % of coins will get burned so price will go up because if volume stays same and total supply becomes lower, it will cause price to go up. It is basic maths.
There are hundreds of examples and I will cover every single example in future to make you understand but for now I think this is more than enough.
I hope you got some value from this. If you like it you can share with your friends to help them understand this too 😉
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