Looks like it is true for BCH and it will be added to Coinbase. It is flying right now 🚀🚀🚀🚀
So I think BTC will has problem to break resistance. I personally think that BCH/BCC can cross 0.2BTC one more time today. Let's see what will happen
BTW, on Poloniex BTC has higher sell orders thatn buy so it is most likely to see BTC soon down ( under 17k$) and BCC/BCH over 0.2BTC. This would be very risky for trading but you can try to catch some profit on BCC because orders are very good at the moment for BCC
I told you that I expect BCH again over 0.2 and it happened. This time resistance was strong enough but I am not sure what will happen next time. I will keep you updated. There is chance to breakout next time. I will update you with buy area.
Good evening dear friends, it is tme for market update and it is time to analyze few coins so be ready, it is coming very soon. Stay tunned 😉❤️
Total market volume is still very high (around 600 billions). I am not saying it should go down, it is just surprising high. BTC dominance is at 45.0% and it is a lot down. It was 68% 2 weeks ago and you could see big difference. Also, this is maybe a little bit down and that's why I do only short-term trading. This is too fast recovery and it is not realistic. Never underestimate pover of BTC. I told that this is too high price for BTC and it has a lot of bad things at the moment such as low fees, slowly transactions, etc... but just 5 days ago BTC hype was stronger than ever so BTC hype can start again and that's why I personally do only short-term and why I am sharing with paid group only for short term because alt market can collapse easily. You must know that exponetial growth is not netural and it is not good. For example, XVG. It was at 50-60 for few weeks and no one said it s good and now at 900 satoshies they are saying it worth of buying. Thank you but not. We know XVG for months and you can't find something in few days that XVG is phenomenal. This is hype and that's it. John McAfee posted that that XVG, XMR and ZEC are coins that are worth of investing and I am not saying that he is wrong. But after that news, XVG is 20X and ZEC is 50% up and then you said me that this is not hype? If you do not know, XVG has one of the biggest group of whales. They even have their twitter account with a lot of followers so one more reason that this is just hype and buying XVG at current price is too high. There are a lot of cheaper coins and one more thing is that XVG is in the middle of the hype and it is not recommended to jump in now.
Same thing happened with DGB in the middle of 2017 when DGB was at 2000 and they were saying it is going to 10000 + but actually DGB went under 100 so this is one more reason why you do not have to jump in in the middle of the hype or in this example at the end of the hype.
What is my prediction?
At the moment, you must decide what is your goal. To grow $ or to grow BTC? Why? Reason is simpy, you must use 2 different trading strategies and it is not recommended and it is not easy to do. I am here to help you grow your BTC because I am watching on BTC as a long-term inestment and my only goal is to grow BTC, to be honest I do not care about current uptrend or downtrend. Somebody will say " Why are you analyzing and posting BTC charts in channel?" and it is good question.
The only thing I do that is to predict ALTs future movement. A lot of traders just forget about BTC value when they are trading and it is not smart. Especially for daily traders because if BTC is close to breakout or breakdown you must know that before any trade because you can be in loss in couple of minutes.
So first, you have to decide that, I am here to help you grow your BTC because it is my occupation and I can start trading with USD in day or two it is not problem but then you can't grow BTC. So, as you can see if you want to trade you must decide do you want to grown BTC or $.
I am going to check BTC current price and others about BTC so I can predict according to that. I will analyze BTC using 3 different time frames so validity of analyze will be higher.
One more important info before BTC analyze. Stay online because after BTC analyze I am going to share coin that can make huge return in 2018 so this is from long-term lovers.
One more info is that I finished first part of trading course for my paid memebrs and from tomorrow I will be more active for both channels ( paid and free one ) so I hope you will enjoy our content and more important that content will bring you profit.
Same thing happened with DGB in the middle of 2017 when DGB was at 2000 and they were saying it is going to 10000 + but actually DGB went under 100 so this is one more reason why you do not have to jump in in the middle of the hype or in this example at the end of the hype.
What is my prediction?
At the moment, you must decide what is your goal. To grow $ or to grow BTC? Why? Reason is simpy, you must use 2 different trading strategies and it is not recommended and it is not easy to do. I am here to help you grow your BTC because I am watching on BTC as a long-term inestment and my only goal is to grow BTC, to be honest I do not care about current uptrend or downtrend. Somebody will say " Why are you analyzing and posting BTC charts in channel?" and it is good question.
The only thing I do that is to predict ALTs future movement. A lot of traders just forget about BTC value when they are trading and it is not smart. Especially for daily traders because if BTC is close to breakout or breakdown you must know that before any trade because you can be in loss in couple of minutes.
So first, you have to decide that, I am here to help you grow your BTC because it is my occupation and I can start trading with USD in day or two it is not problem but then you can't grow BTC. So, as you can see if you want to trade you must decide do you want to grown BTC or $.
I am going to check BTC current price and others about BTC so I can predict according to that. I will analyze BTC using 3 different time frames so validity of analyze will be higher.
One more important info before BTC analyze. Stay online because after BTC analyze I am going to share coin that can make huge return in 2018 so this is from long-term lovers.
One more info is that I finished first part of trading course for my paid memebrs and from tomorrow I will be more active for both channels ( paid and free one ) so I hope you will enjoy our content and more important that content will bring you profit.
I have problems with coinigy ( site where I am doing analysis ) so I will first write about long-term coin that is good to invest for good return in 2018
As you may know, once resistance is broken, it has potential to become support and it happened hundreds time. This candle will close I think in 3-4 minutes so this candlestick will probably find support at this line but next one will decide. For uptrend, next candle stick should be candlestick called "Doji" or candlestick called " spinning top ". I will draw examples before this post, in meantime you can check on google just write Doji candlestick or spinning top and you will get photo. What does it mean? According to this time frame, tomorrow BTC will be volatile but it should close around this price. If that, happened, BTC uptrend is 70%-80% expected. This is situation if this support hold out. If it get broken, then we expect next bit red candle and it should close in area around 15k$. So one more time, according to this chart, we need one more candlestick to predict future movement of BTC
One more possiblility is to be big green but I think BCC/BCH hype will be alive tomorrow too so it is hard to expect that but it is possible
This time frame is showing support in same area as 1 day time frame so this is very promising for BTC lovers. Maybe this is lowest point before new rise? Do not forget that fork is coming in 4 days ( 25th December ).
As we can see 4 candlestics are closed or opened almost at same price so it means support looks strong at the moment. Also this green trend line is here as an aditional support and it could only help BTC to go up.
As we can see 4 candlestics are closed or opened almost at same price so it means support looks strong at the moment. Also this green trend line is here as an aditional support and it could only help BTC to go up.
This time frame is showing exactly same support area as 6 hours and 1 day time frames. Also, this one is swoing one more potential support ( this green trend lin ) in that area. I am starting to believe that BTC won't go down so much. If resistance, get broken ( we will find out tomorrow ), then downtrend will be over and new try to cross 20k can started.
So, I do not want to go with 1 hour time frame becuse I think these 3 are enough to give you my prediction.
According to these 3 charts, Bitcoi will probably find support here and try to test resistance ( probably tomorrow ). This was from technical aspect. I want to share with you that coins like DGB, BURST,XVG,NXT,BCC... made some serious uptrend and of course that there are still holders but I think people could star booking profit because it is not 10% profit but few hundreds and why not sell it out and find another one.So, from that aspect, BTC could get fresh money, so this is one more reason why BTC will probably start its rise tomorrow to test resistance. Also, BCC/BCH hype lasts already at least 36 hourse, it is not rumor, we got news almost 24 hours ago and possible it can't go up significantly because we all know that Coinbase will list BCH and we all know that GDAx listed BCH ( two biggest reasons for hype ). If you do not know, now you know 😉. So, China is sleeping right now so maybe in 3-4 hourse it can make some nice rise but to be honest I can't see reason for some big uptrend. Also, there is rumor that this hype is organized by whales because GDAX should listed BCC on 1st January but maybe to make bigger hype, they did that almost together with Coinbase. Smells like organized hype? Maybe, who knows but it is just one more reason why would people stay away from BCC at the moment. I must be honest and say that BCC made me some serious money, I bought when I shared with my paid members at 0.093 BTC and I sell out and buy at least 8-9 more times and all trades was profitable. I am hourly or daily trader and I like to buy, make small profit and book it and wait for new buy entry. It will give you opportunity to trade whenever you want, even if market is not so good for trading.
So, to conclude, according to all these things, BTC should probably find support on this line and go to test resistance. If resistance get broken, downtrend will be over. I will update you tomorrow with BTC situation and what is going on.
I hope you like this and I hope it will be correct so you could base your trading on this.
Now what will happen with ALTs. Hm, volue will decide, if volume cross 650 billions, they won't be so much affected but if it stays around 600 then we can expect to se alts 10-15% down. But for ALTs volume is more important than BTC.
If you like our channel, you can invite your friends to join through this link: https://news.1rj.ru/str/CryptoExpertSignals
I will post below my long-term coin for 2018. Stay tunned 🤗❤️
According to these 3 charts, Bitcoi will probably find support here and try to test resistance ( probably tomorrow ). This was from technical aspect. I want to share with you that coins like DGB, BURST,XVG,NXT,BCC... made some serious uptrend and of course that there are still holders but I think people could star booking profit because it is not 10% profit but few hundreds and why not sell it out and find another one.So, from that aspect, BTC could get fresh money, so this is one more reason why BTC will probably start its rise tomorrow to test resistance. Also, BCC/BCH hype lasts already at least 36 hourse, it is not rumor, we got news almost 24 hours ago and possible it can't go up significantly because we all know that Coinbase will list BCH and we all know that GDAx listed BCH ( two biggest reasons for hype ). If you do not know, now you know 😉. So, China is sleeping right now so maybe in 3-4 hourse it can make some nice rise but to be honest I can't see reason for some big uptrend. Also, there is rumor that this hype is organized by whales because GDAX should listed BCC on 1st January but maybe to make bigger hype, they did that almost together with Coinbase. Smells like organized hype? Maybe, who knows but it is just one more reason why would people stay away from BCC at the moment. I must be honest and say that BCC made me some serious money, I bought when I shared with my paid members at 0.093 BTC and I sell out and buy at least 8-9 more times and all trades was profitable. I am hourly or daily trader and I like to buy, make small profit and book it and wait for new buy entry. It will give you opportunity to trade whenever you want, even if market is not so good for trading.
So, to conclude, according to all these things, BTC should probably find support on this line and go to test resistance. If resistance get broken, downtrend will be over. I will update you tomorrow with BTC situation and what is going on.
I hope you like this and I hope it will be correct so you could base your trading on this.
Now what will happen with ALTs. Hm, volue will decide, if volume cross 650 billions, they won't be so much affected but if it stays around 600 then we can expect to se alts 10-15% down. But for ALTs volume is more important than BTC.
If you like our channel, you can invite your friends to join through this link: https://news.1rj.ru/str/CryptoExpertSignals
I will post below my long-term coin for 2018. Stay tunned 🤗❤️
My advice for you if you like our channel is to pin at the top so you won't miss any news. 😉