Good morning!
It is nice to see drop in the market when you are short 😈
Proofs:
Short on BCH shared in paid channel: http://prntscr.com/kicbie
My personal short on BCH still running: http://prntscr.com/kiccpd
Short on BTC: http://prntscr.com/kicd9b
Unfortunatelly close BTC short on orders so do not have proof of my account!
This is how we are doing! We thought BTC will go up and we were long! The FUD did happen and the only thing you should doo when FUD hits the market is search for short entry! Because of low position size on long, we lost a little bit but recovered on short and we finished our day in profit. Simple as that!
Losses are normal thing in the trading! Just minimize them and you will be very successful in long term!
Looking for new entry, probably it will be short! Stay tuned, this time I will share with you too!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
It is nice to see drop in the market when you are short 😈
Proofs:
Short on BCH shared in paid channel: http://prntscr.com/kicbie
My personal short on BCH still running: http://prntscr.com/kiccpd
Short on BTC: http://prntscr.com/kicd9b
Unfortunatelly close BTC short on orders so do not have proof of my account!
This is how we are doing! We thought BTC will go up and we were long! The FUD did happen and the only thing you should doo when FUD hits the market is search for short entry! Because of low position size on long, we lost a little bit but recovered on short and we finished our day in profit. Simple as that!
Losses are normal thing in the trading! Just minimize them and you will be very successful in long term!
Looking for new entry, probably it will be short! Stay tuned, this time I will share with you too!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Lightshot
Screenshot
Captured with Lightshot
Here are you 2 ugly charts
1) BTCUSD LONG: https://www.tradingview.com/x/5xuoQWyY/
2) BTCUSD SHORT: https://www.tradingview.com/x/iHI2evxI/
Longs are dropping significantly, while number of shorts is growing?
What does this mean? Looks like whole market is turning bearish and it could be trap. Why?
If the majority is short, who will dump the market? That's why we need more FUD for drop to continue because without FUD reversal will happen for sure!
Other approach is that BTC longs are breaking rising wedge, so we may see further decrease in BTC longs. It means 5k area could be revisited! Will spend this evening checking these charts, this could help a lot in finding potential next move!
1) BTCUSD LONG: https://www.tradingview.com/x/5xuoQWyY/
2) BTCUSD SHORT: https://www.tradingview.com/x/iHI2evxI/
Longs are dropping significantly, while number of shorts is growing?
What does this mean? Looks like whole market is turning bearish and it could be trap. Why?
If the majority is short, who will dump the market? That's why we need more FUD for drop to continue because without FUD reversal will happen for sure!
Other approach is that BTC longs are breaking rising wedge, so we may see further decrease in BTC longs. It means 5k area could be revisited! Will spend this evening checking these charts, this could help a lot in finding potential next move!
The number of shorts obviously was too high! When the majority is short it is hard to expect further drops!
Now, we are looking for pullback and long entry!
This is our entry zone: https://www.tradingview.com/x/9YX3Y65y/
Good luck if you decide to follow our trading set up! I will update this chart in few hours with detail analysis!
Now, we are looking for pullback and long entry!
This is our entry zone: https://www.tradingview.com/x/9YX3Y65y/
Good luck if you decide to follow our trading set up! I will update this chart in few hours with detail analysis!
Touched our entry zone, filled part of my longs and now enjoying very good move of $100 up. Booked small % of profit at 6390 and now holding the rest of the position!
Buy orders at the lower side of this green area are still there!
If you followed our signal, enjoy the profit!
https://www.tradingview.com/x/mmwhe9dO/
Buy orders at the lower side of this green area are still there!
If you followed our signal, enjoy the profit!
https://www.tradingview.com/x/mmwhe9dO/
Keep holding longs.
Looks like bullish fomo is right behind the corner and it is just question of time when we are going to see massive move.
Only massive FUD could stop us from big pump!
Looks like bullish fomo is right behind the corner and it is just question of time when we are going to see massive move.
Only massive FUD could stop us from big pump!
Best article ever!
If Bitcoin is Rat Poison, the Banks Are the Rats: Pantera Capital CEO
https://www.ccn.com/if-bitcoin-is-rat-poison-the-banks-are-the-rats-pantera-capital-ceo/
If Bitcoin is Rat Poison, the Banks Are the Rats: Pantera Capital CEO
https://www.ccn.com/if-bitcoin-is-rat-poison-the-banks-are-the-rats-pantera-capital-ceo/
CCN
If Bitcoin is Rat Poison, the Banks Are the Rats: Pantera Capital CEO
If bitcoin is rat poison, as Charlie Munger claims, then the banks are the rats -- that's the message from cryptocurrency hedge fund manager Dan Morehead.
Crypto Signals
Coinbase is going to launch Ethereum Classic (ETC) Probably you've already heard for this information. We already saw very nice pump and it is very good to see something like that in this bear market. But, once it get listed, do you think price is going…
I wont say I told you but check the mentioned post and everything will be very clear!
Simply, do not hold something after update!
Told you that selling at 260k is amazing! Also, told you that 280-300k may be reached and it did! But also told you that more than that is almost impossible.
Look at the price right now: https://www.tradingview.com/x/stSqWFAe/
It is not that bad how it was few days ago when we were at 170k ( 40% down from my suggested sell point )
Hope you followed my suggestion!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Simply, do not hold something after update!
Told you that selling at 260k is amazing! Also, told you that 280-300k may be reached and it did! But also told you that more than that is almost impossible.
Look at the price right now: https://www.tradingview.com/x/stSqWFAe/
It is not that bad how it was few days ago when we were at 170k ( 40% down from my suggested sell point )
Hope you followed my suggestion!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Check this Explanation about ETF by Andreas M. Antonopoulos
https://www.youtube.com/watch?v=KSv0J4bfBCc
https://www.youtube.com/watch?v=KSv0J4bfBCc
YouTube
Bitcoin Q&A: Why I'm against ETFs
What is happening with the Bitcoin exchange-traded funds (ETFs)? Why might they be a bad idea for decentralisation, consensus, and even the price? A billion-dollar "not your keys, not your bitcoin" opportunity for non-technical institutional investors.
Chapters…
Chapters…
Good mornig!
Currently we are in ranging market and so far both directions are possible! Big uncertainity in the market and maybe the best proof of this uncertainty is last 6 days close!
Until we get clear closes, clear trends, I would suggest to be safe and do not risk more than you can afford to lose! Do not even think to trade without stop losses because price can go up to 7200 or down to 5500 so not using stop losses can burn your margin account easily!
This was from trader point of you!
Most of you cant seperate trading from investing!
If you are an investor, investing now in BTC or especially in altcoins cant be better! Yeah, Bitcoin can be 5k, there is possibility for 4k but buying BTC at 6k will be dream entry in few months and even bigger dream entry in few years!
Just when you are investing, you have to know how much can you invest! Invest as long as your loss/profit is not causing big emotional spikes! If you are making $50k per year in your job, then investing 10% in BTC should be amount that shouldn't cause any major stress. 5k in BTC can be easily 50k in year or two!
That's why I beg you to seperate trading from investment! In trading we are looking for current situation! In investing you are looking for promissing technology! If Blockchain is not promissing, then I do not know what is!
Once I find entry with reasonable risk reward rate, with clear signs, I am going to share with you!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Currently we are in ranging market and so far both directions are possible! Big uncertainity in the market and maybe the best proof of this uncertainty is last 6 days close!
Until we get clear closes, clear trends, I would suggest to be safe and do not risk more than you can afford to lose! Do not even think to trade without stop losses because price can go up to 7200 or down to 5500 so not using stop losses can burn your margin account easily!
This was from trader point of you!
Most of you cant seperate trading from investing!
If you are an investor, investing now in BTC or especially in altcoins cant be better! Yeah, Bitcoin can be 5k, there is possibility for 4k but buying BTC at 6k will be dream entry in few months and even bigger dream entry in few years!
Just when you are investing, you have to know how much can you invest! Invest as long as your loss/profit is not causing big emotional spikes! If you are making $50k per year in your job, then investing 10% in BTC should be amount that shouldn't cause any major stress. 5k in BTC can be easily 50k in year or two!
That's why I beg you to seperate trading from investment! In trading we are looking for current situation! In investing you are looking for promissing technology! If Blockchain is not promissing, then I do not know what is!
Once I find entry with reasonable risk reward rate, with clear signs, I am going to share with you!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Telegram
Crypto Signals
The main goal of this channel is to share an unbiased opinion on the crypto market from a technical and fundamental point of view.
If you like our work, you can support us by sharing our channel with your friends.
Link: https://news.1rj.ru/str/CryptoExpertSignals
If you like our work, you can support us by sharing our channel with your friends.
Link: https://news.1rj.ru/str/CryptoExpertSignals
Our analysis from paid channel! The drop was obvious! Now, once it did happen, we are looking for new entry!
In general, we may see one more try to of breaking resistance zone around 6600 but chances are lower day by day! More and more we are becoming bearish again becuaw all these bullish news about potential short squeeze, too much long orders... are becoming less and less influential to the market!
The fact about long/short rate is a little bit different then it seemed to be at the first!
Firstly, it is rate on Bitfinex, the exchange that is few times smaller than Bitmex! The long short rate on Bitmex is quite different! It is much more neutral then bitfinex!
Bitfinex offers its members up to 3.33x leverage! It means that maybe the majority of these shorts are like bags for upcoming dump! WIth 3.3x max leverage your liquidation price will be way higher than current price so these short traders are very confortable with these shorts! So, in my opinion, short squeeze may happen only if we reach 7k+ when these shorts may doubt their decision! Everything below that price will be very confortable for them! You have to know that the biggest volume was above 8k so maybe the majority of these shorts come from 7.5-8.5k area! So, they do not even think about short-term price action and they are waiting for the bottom! What is going to be bottom no one knows but this was just other side of the story! Bitfinex is not so important these days! The king is Bitmex.
So I do not care what others say! I am waiting for confirmation and then I am going to take an entry! At the moment, this was drop of $150 and it was not something huge but it showed us the lack of buy power!
Looking for next entry! Stay tuned!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
In general, we may see one more try to of breaking resistance zone around 6600 but chances are lower day by day! More and more we are becoming bearish again becuaw all these bullish news about potential short squeeze, too much long orders... are becoming less and less influential to the market!
The fact about long/short rate is a little bit different then it seemed to be at the first!
Firstly, it is rate on Bitfinex, the exchange that is few times smaller than Bitmex! The long short rate on Bitmex is quite different! It is much more neutral then bitfinex!
Bitfinex offers its members up to 3.33x leverage! It means that maybe the majority of these shorts are like bags for upcoming dump! WIth 3.3x max leverage your liquidation price will be way higher than current price so these short traders are very confortable with these shorts! So, in my opinion, short squeeze may happen only if we reach 7k+ when these shorts may doubt their decision! Everything below that price will be very confortable for them! You have to know that the biggest volume was above 8k so maybe the majority of these shorts come from 7.5-8.5k area! So, they do not even think about short-term price action and they are waiting for the bottom! What is going to be bottom no one knows but this was just other side of the story! Bitfinex is not so important these days! The king is Bitmex.
So I do not care what others say! I am waiting for confirmation and then I am going to take an entry! At the moment, this was drop of $150 and it was not something huge but it showed us the lack of buy power!
Looking for next entry! Stay tuned!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Telegram
Crypto Signals
The main goal of this channel is to share an unbiased opinion on the crypto market from a technical and fundamental point of view.
If you like our work, you can support us by sharing our channel with your friends.
Link: https://news.1rj.ru/str/CryptoExpertSignals
If you like our work, you can support us by sharing our channel with your friends.
Link: https://news.1rj.ru/str/CryptoExpertSignals
Forwarded from Future Crypto Experts - Paid Channel
In my opinion it is just matter of time when we are going to drop!
https://www.tradingview.com/x/fz2aaXmd/
All these wicks that are point upward, EMAs That are comeing down will be very hard resistance for BTC!
Midbb D1 is coming down too! This green area was enormous resistance last time and I do not think this time it will be broken!
We have bullish momentum but it finished just by spike to 6600 and nothing else.
You have to know that local or any tops need much more to form then bottoms!
https://www.tradingview.com/x/fz2aaXmd/
All these wicks that are point upward, EMAs That are comeing down will be very hard resistance for BTC!
Midbb D1 is coming down too! This green area was enormous resistance last time and I do not think this time it will be broken!
We have bullish momentum but it finished just by spike to 6600 and nothing else.
You have to know that local or any tops need much more to form then bottoms!
BTC slowed down in last 12 hours and we are now ranging between 6350 and 6400 so it doesnt offer us a lot of chances for catching big moves but it offer us enough time to check the situation and prepare for that "big move"
BTC chart: https://www.tradingview.com/x/Rsp9Z9TV
This is my trading idea!
Entry around 6370, stop loss above 6405-6410 and first target around 6280-6250!
There are a lot of reason why I am bearish on BTC at the moment! I was combining different strategies, time frames and all I see is potential dump in the price of BTC.
This trading set up offers me perfect tight stop loss so let's enter and wait to see where we are going!
Good luck!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
BTC chart: https://www.tradingview.com/x/Rsp9Z9TV
This is my trading idea!
Entry around 6370, stop loss above 6405-6410 and first target around 6280-6250!
There are a lot of reason why I am bearish on BTC at the moment! I was combining different strategies, time frames and all I see is potential dump in the price of BTC.
This trading set up offers me perfect tight stop loss so let's enter and wait to see where we are going!
Good luck!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Market Update
It is August 22nd, 2018! BTC dominance is at 53.1%. Total market cap is currently at $216.9 billion! The volume of last 24h was $12.1 billion!
We all saw what happened last night after Bitmex came back! If you do not know the reason for that massive pump, here you are short explaination!
Bitmex server went down because of update and they suspended trading! As we know, Bitmex is currently number 1 exchange! Others exchanges can't manipulate the price if Bitmex whales are not cooperating! While they were unable to short Bitcoin price, whales on other exchanges pumped the price because the majority of other exchanges are not allowing shorting ( Binance for example ) and they use this opportunity to pump the price.
While Bitmex were down, you were not able to trade but you could place orders! While price on Bitmex still around 6460, price on other exchanges were much higher! That's the reason why a lot of long market orders were placed and because they thought it is easy money ( catching this price difference ). But, it looks like a lot of members tried to catch this price difference and we saw massive pump!
I hope this explaination was easy to understand! I just want you to know that it was 100% auto trading! The pump was made by market orders. Market orders are automatically buying once price reach your price. But execution price could be 1% or 1000% from your price. There is no news that caused this pump! Market condition is still the same!
This pump filled a lot of short stop losses! Also, this pump opened a lot of long positions! We are very close to to the market with double pressure! What does double pressure mean? It means that both, bulls and bears are pointing in the same direction! Why?
A lot of long opened above 7000 will cause big fear for the holders of these positions! They are looking for exit and if price start dumping they wont wait too much and they will jump out or their liquidation price will be reached! As we have now less short positions then we had one day ago, we have now a lot of potenital shorters!
So, this is why it is called double pressure!
That's market analysis!
The technical analysis is sowing us that we were rejected by top of daily bollinger band and now we have very big wick but at the moment the body of that candle is not that bad! But, it is still not even half of the day behind us, so if we see price drops below 6550 or 6500 and close there, almost 99% we are going to drop! For that we need only $100 drop, it is something that is not impossible!
The fundamental analysis of market is even more important at the moment! We are expecting SEC announcement of ProShares ETF proposal! Our opinion is that it wont be accepted because of their condition and the way ProShares are planing to open ETF!
A lot of longs opened above 7000, a lot of potential new shorters, TA that is showing big wick at the moment, FA that is mostly going to be negative! I am sorry, but I can't be bullish on BTC in next few days!
The only reason why I will become bullish is positive news from. SEC about ProShares ETF proposal! Without positiove news, we are going down almost for sure until next potential positive news!
BTC Chart: https://www.tradingview.com/x/m0iXltui
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Best regards, CS Team!
It is August 22nd, 2018! BTC dominance is at 53.1%. Total market cap is currently at $216.9 billion! The volume of last 24h was $12.1 billion!
We all saw what happened last night after Bitmex came back! If you do not know the reason for that massive pump, here you are short explaination!
Bitmex server went down because of update and they suspended trading! As we know, Bitmex is currently number 1 exchange! Others exchanges can't manipulate the price if Bitmex whales are not cooperating! While they were unable to short Bitcoin price, whales on other exchanges pumped the price because the majority of other exchanges are not allowing shorting ( Binance for example ) and they use this opportunity to pump the price.
While Bitmex were down, you were not able to trade but you could place orders! While price on Bitmex still around 6460, price on other exchanges were much higher! That's the reason why a lot of long market orders were placed and because they thought it is easy money ( catching this price difference ). But, it looks like a lot of members tried to catch this price difference and we saw massive pump!
I hope this explaination was easy to understand! I just want you to know that it was 100% auto trading! The pump was made by market orders. Market orders are automatically buying once price reach your price. But execution price could be 1% or 1000% from your price. There is no news that caused this pump! Market condition is still the same!
This pump filled a lot of short stop losses! Also, this pump opened a lot of long positions! We are very close to to the market with double pressure! What does double pressure mean? It means that both, bulls and bears are pointing in the same direction! Why?
A lot of long opened above 7000 will cause big fear for the holders of these positions! They are looking for exit and if price start dumping they wont wait too much and they will jump out or their liquidation price will be reached! As we have now less short positions then we had one day ago, we have now a lot of potenital shorters!
So, this is why it is called double pressure!
That's market analysis!
The technical analysis is sowing us that we were rejected by top of daily bollinger band and now we have very big wick but at the moment the body of that candle is not that bad! But, it is still not even half of the day behind us, so if we see price drops below 6550 or 6500 and close there, almost 99% we are going to drop! For that we need only $100 drop, it is something that is not impossible!
The fundamental analysis of market is even more important at the moment! We are expecting SEC announcement of ProShares ETF proposal! Our opinion is that it wont be accepted because of their condition and the way ProShares are planing to open ETF!
A lot of longs opened above 7000, a lot of potential new shorters, TA that is showing big wick at the moment, FA that is mostly going to be negative! I am sorry, but I can't be bullish on BTC in next few days!
The only reason why I will become bullish is positive news from. SEC about ProShares ETF proposal! Without positiove news, we are going down almost for sure until next potential positive news!
BTC Chart: https://www.tradingview.com/x/m0iXltui
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Best regards, CS Team!
Forced Short Squeeze
Exactly what I wrote few hours ago! Bulls used their money on Binance, Bitfinex, Bitstamp to pump price up! They probably lost up to 10% because of that! But, they made at least 100% on Bitmex and overall profit for them is huge considering that they are using millions to trade!
Simply, they opened longs on Bitmex, waited for Bitmex to get down and they started with pump on other exchanges! They caused difference in price and it caused others to think they they can easily catch $50-100 move. They put orders and waited for Bitmex to come back! Then we saw auto trading, that was extremelly volatile in altcoin market! Some alts went up to 400-500% on Bitmex but they dropped down just few minutes later!
Now, there is not short positions on alts for sure because move was bigger than 100% so all positions were liquidated! What is even worst is that there are a lot of longs opened and if the profit wasn't booked instant, it is now huge loss! So, I was talking about double pressure on Bitcoin, but double pressure on alts is huge! I wouldnt be surprised to see alts in double digit loss very soon! Simply, there is huge amount of potential shorters and huge amount of longs that are in loss! After short squeeze, we could easily see long squeeze but this time it can be even worse!
https://cointelegraph.com/news/crypto-markets-see-green-amid-talk-of-forced-short-squeeze-on-bitmex
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Exactly what I wrote few hours ago! Bulls used their money on Binance, Bitfinex, Bitstamp to pump price up! They probably lost up to 10% because of that! But, they made at least 100% on Bitmex and overall profit for them is huge considering that they are using millions to trade!
Simply, they opened longs on Bitmex, waited for Bitmex to get down and they started with pump on other exchanges! They caused difference in price and it caused others to think they they can easily catch $50-100 move. They put orders and waited for Bitmex to come back! Then we saw auto trading, that was extremelly volatile in altcoin market! Some alts went up to 400-500% on Bitmex but they dropped down just few minutes later!
Now, there is not short positions on alts for sure because move was bigger than 100% so all positions were liquidated! What is even worst is that there are a lot of longs opened and if the profit wasn't booked instant, it is now huge loss! So, I was talking about double pressure on Bitcoin, but double pressure on alts is huge! I wouldnt be surprised to see alts in double digit loss very soon! Simply, there is huge amount of potential shorters and huge amount of longs that are in loss! After short squeeze, we could easily see long squeeze but this time it can be even worse!
https://cointelegraph.com/news/crypto-markets-see-green-amid-talk-of-forced-short-squeeze-on-bitmex
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
Cointelegraph
Crypto Markets See Green Amid Talk of ‘Forced Short Squeeze’ on BitMEX
The crypto markets are seeing a second flush of green, with virtually all of the major cryptocurrencies seeing solid growth on the day, Bitcoin circling $6,700.
If you are short, this is the most bearish candle you can dream off! If we close like around this price with this candle, low bollinger band is going to be tested in our opinion!
https://www.tradingview.com/x/76cBSWl6/
We are still waiting for ETF decision! It should be very soon! This drop is maybe sign that decision is negative and whales are dumping and opening shorts before official statement! You have to know that guys with millions have their sources everywhere and they will always have information before you! You can't compete with them, you can only try to predict their moves!
https://www.tradingview.com/x/76cBSWl6/
We are still waiting for ETF decision! It should be very soon! This drop is maybe sign that decision is negative and whales are dumping and opening shorts before official statement! You have to know that guys with millions have their sources everywhere and they will always have information before you! You can't compete with them, you can only try to predict their moves!