Market Update
It is August 24th, 2018! BTC dominance is currently at 53.3% (+0.0%). Total market cap is currently at $212.2 billion (+ $3.6 billion). The volume of last 24h was $10.3 billion ( -1.1% billion).
After 2 extra volatile days, days full of pumps and dumps, we are slowing down! The total market cap is growing but the trading volume is dropping so the interest is going down! It was expected because the market is still uncertain and most of traders want to stay safe and wait for trending market!
The market sentiment is neutral! We are getting positive and negative news together but nothing major so far! We got post from Cointelegraph ( Link: https://cointelegraph.com/news/cnbcs-analyst-brian-kelly-says-bitcoin-etf-approval-likely-by-february-2019 ) that says that ETF approval likely by February 2019. In my opinon it is just an opinon of an analyst! It may be true but it might not! My opinion is that is is likely to be true because if we see ETF in September, price will grow up to $10k and in my opinion it wont be healthy uptrend because of not touching magic level of 4-5k that was called by every analyst!
An ETF is a type of mutual investment fund that divides ownership of a commodity, derivative, index, or basket of assets, into shares. The fund tracks the value of the underlying asset(s) and is traded on exchanges, with shareholders ennoscriptd to any positive returns.
Today we tried to chart XBTUSD on trading view but we saw this: https://www.tradingview.com/x/beYGkfWu/
What is the reason behind this? Pump? Manipulation? Whales?
Well, who knows! Here is the official statement from Bitmex:
" The $7000 and $8000 price wicks on XBTUSD are erroneous, caused by an order that printed on the feed at its limit price and not its execution price. Trading is still normal and will continue, and the market reporting bug is being fixed. Those wicks will be removed from the chart. No Bitcoin was lost and the trading engine team is confident this will not compromise the integrity of the system. "
We are not suggesting trading at the moment. If you check this chart: https://www.tradingview.com/x/EHCa0sBx , the reason will be very clear! The market is in ranging phase and until we see some major breakout or breakdown, I am not suggesting taking any action! If you miss first move, it is not a problem, there will be a lot of reentry chances!
Few days ago I was on meeting with a guy that is making miracles in trading! He is 90% focused on forex for years but he is checking crypto too. When you enter his trading room it is like science fiction! Charts are everywhere, 10+ monitors and whole trading set up worth $450k+.
I just wanted to get an opinion from him about BTC price and his opinion is very positive! He does think that price has to reach 4-5k area but after that we will see $25k area very soon after 2 major news! Just sharing opinon from people that achieved big things in trading so their opinion has some value for sure! Time will show what is actually going to happen!
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 August 24th, 2018! BTC dominance is currently at 53.3% (+0.0%). Total market cap is currently at $212.2 billion (+ $3.6 billion). The volume of last 24h was $10.3 billion ( -1.1% billion).
After 2 extra volatile days, days full of pumps and dumps, we are slowing down! The total market cap is growing but the trading volume is dropping so the interest is going down! It was expected because the market is still uncertain and most of traders want to stay safe and wait for trending market!
The market sentiment is neutral! We are getting positive and negative news together but nothing major so far! We got post from Cointelegraph ( Link: https://cointelegraph.com/news/cnbcs-analyst-brian-kelly-says-bitcoin-etf-approval-likely-by-february-2019 ) that says that ETF approval likely by February 2019. In my opinon it is just an opinon of an analyst! It may be true but it might not! My opinion is that is is likely to be true because if we see ETF in September, price will grow up to $10k and in my opinion it wont be healthy uptrend because of not touching magic level of 4-5k that was called by every analyst!
An ETF is a type of mutual investment fund that divides ownership of a commodity, derivative, index, or basket of assets, into shares. The fund tracks the value of the underlying asset(s) and is traded on exchanges, with shareholders ennoscriptd to any positive returns.
Today we tried to chart XBTUSD on trading view but we saw this: https://www.tradingview.com/x/beYGkfWu/
What is the reason behind this? Pump? Manipulation? Whales?
Well, who knows! Here is the official statement from Bitmex:
" The $7000 and $8000 price wicks on XBTUSD are erroneous, caused by an order that printed on the feed at its limit price and not its execution price. Trading is still normal and will continue, and the market reporting bug is being fixed. Those wicks will be removed from the chart. No Bitcoin was lost and the trading engine team is confident this will not compromise the integrity of the system. "
We are not suggesting trading at the moment. If you check this chart: https://www.tradingview.com/x/EHCa0sBx , the reason will be very clear! The market is in ranging phase and until we see some major breakout or breakdown, I am not suggesting taking any action! If you miss first move, it is not a problem, there will be a lot of reentry chances!
Few days ago I was on meeting with a guy that is making miracles in trading! He is 90% focused on forex for years but he is checking crypto too. When you enter his trading room it is like science fiction! Charts are everywhere, 10+ monitors and whole trading set up worth $450k+.
I just wanted to get an opinion from him about BTC price and his opinion is very positive! He does think that price has to reach 4-5k area but after that we will see $25k area very soon after 2 major news! Just sharing opinon from people that achieved big things in trading so their opinion has some value for sure! Time will show what is actually going to happen!
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
CNBC's Analyst Brian Kelly Says Bitcoin ETF Approval Likely by February 2019
CNBC analyst Brian Kelly has predicted that approval of a Bitcoin ETF will “likeliest” and “earliest” come in February 2019.
" The anonymous investor, who received more than 314,000 ETH from the network’s Genesis block as a result of their investments in the Ethereum initial coin offering (ICO), has this week funneled approximately 20,000 ETH to Bitfinex, worth approximately $5.5 million at the time of writing. "
https://www.ccn.com/an-ethereum-ico-investor-is-moving-millions-in-eth-to-bitfinex/
https://www.ccn.com/an-ethereum-ico-investor-is-moving-millions-in-eth-to-bitfinex/
CCN
An Ethereum ICO Investor is Moving Millions in ETH to Bitfinex
One of the first “ethereum whales” appears to be having second thoughts about the second-largest cryptocurrency’s prospects.
" According to a notice dated Aug. 23 and attributed to Mt. Gox trustee Nobuaki Kobayashi, the company has opened an online claim filing system so that creditors can begin registering claims on the funds that they lost when the exchange, once the dominant bitcoin trading platform, became insolvent in 2014. Creditors can also fill out claim forms offline and submit them through the mail. "
https://www.ccn.com/mt-gox-estate-begins-accepting-claims-from-bitcoin-creditors/
https://www.ccn.com/mt-gox-estate-begins-accepting-claims-from-bitcoin-creditors/
CCN
Mt Gox Estate Begins Accepting Claims from Bitcoin Creditors
Creditors of infamous bitcoin exchange Mt. Gox may finally get their money back, or at least some of it, anyway, as the exchange is now accepting claims.
Market Update
It is August 25th, 2018! BTC dominance is currently at 53.6% (+0.3%). Total market cap is currently at $215.4 billion (+ $3.2 billion). The volume of last 24h was $12.1 billion (+ 1.8 billion).
The increase in volume is sign that market is coming back and some good moves are possible. Increase in volume are mostly sign of accumulation!
Today, we are going to cover technical analysis of BTC. The fundamental analysis is almost the same as yesterday! We had article on cointelegraph that say that ETF is going to review the rejection of nine bitcoin ETF applications ( More on this link: https://cointelegraph.com/news/us-sec-to-review-rejection-of-nine-bitcoin-etf-applications )!
They said that they are going to review it but it doesnt mean that the decision will be changed! Doing this, SEC created in our opinion fake positivity in market and what is even worse they didnt announce any date! So, they created fake positivity that could be easily manipulated. Last decision on August 23rd was very popular! Everyone wanted to get info before anyone else! The majority expected rejection so most of them shorted even before decision! That's why that decision didnt impact the market too much. At the moment, we have positive sentiment but if they say that they are not going to change opinion, price will drop again!
Technical analysis show that we are still in rising channel (could be rising wedge too).
Link: https://www.tradingview.com/x/nejG580n
It didnt close above top bollinger band h4 so it didnt make upward momentum! The volume is decreasing so there is big posibility that this is accumulation and that will result by big drop!
My team is looking for confirmation to open big short position! As long as we don't get confirmation of upward momentum, downward momentum will stay alive!
H1 time frame show us great example of rising wedge: https://www.tradingview.com/x/dxetyzwf.
Now we are looking for h1 time frame to confirm downward momentum and we are going to open big short position!
https://www.tradingview.com/x/ZD2P72TB
We are not opening short without confirmation! If H1 doesn't close above top bollinger band, we may talk about short as a scalp! If price closes below mid boolinger band with solid volume, we may talk about short as a big swing!
Target of swing position is low bollinger band on weekly time frame (currently at 5200). It wont happen overnight but it is final target of potential downtrend! We are waiting for cofnirmation! Once we get confirmation we will open position, place stop loss and wait for action!
Once we get confirmation, we will let you know!
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
Best regards, CS Team!
It is August 25th, 2018! BTC dominance is currently at 53.6% (+0.3%). Total market cap is currently at $215.4 billion (+ $3.2 billion). The volume of last 24h was $12.1 billion (+ 1.8 billion).
The increase in volume is sign that market is coming back and some good moves are possible. Increase in volume are mostly sign of accumulation!
Today, we are going to cover technical analysis of BTC. The fundamental analysis is almost the same as yesterday! We had article on cointelegraph that say that ETF is going to review the rejection of nine bitcoin ETF applications ( More on this link: https://cointelegraph.com/news/us-sec-to-review-rejection-of-nine-bitcoin-etf-applications )!
They said that they are going to review it but it doesnt mean that the decision will be changed! Doing this, SEC created in our opinion fake positivity in market and what is even worse they didnt announce any date! So, they created fake positivity that could be easily manipulated. Last decision on August 23rd was very popular! Everyone wanted to get info before anyone else! The majority expected rejection so most of them shorted even before decision! That's why that decision didnt impact the market too much. At the moment, we have positive sentiment but if they say that they are not going to change opinion, price will drop again!
Technical analysis show that we are still in rising channel (could be rising wedge too).
Link: https://www.tradingview.com/x/nejG580n
It didnt close above top bollinger band h4 so it didnt make upward momentum! The volume is decreasing so there is big posibility that this is accumulation and that will result by big drop!
My team is looking for confirmation to open big short position! As long as we don't get confirmation of upward momentum, downward momentum will stay alive!
H1 time frame show us great example of rising wedge: https://www.tradingview.com/x/dxetyzwf.
Now we are looking for h1 time frame to confirm downward momentum and we are going to open big short position!
https://www.tradingview.com/x/ZD2P72TB
We are not opening short without confirmation! If H1 doesn't close above top bollinger band, we may talk about short as a scalp! If price closes below mid boolinger band with solid volume, we may talk about short as a big swing!
Target of swing position is low bollinger band on weekly time frame (currently at 5200). It wont happen overnight but it is final target of potential downtrend! We are waiting for cofnirmation! Once we get confirmation we will open position, place stop loss and wait for action!
Once we get confirmation, we will let you know!
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
Best regards, CS Team!
Cointelegraph
US SEC to Review Rejection of Nine Bitcoin ETF Applications
The U.S. SEC will review its decision to reject nine applications to list and trade various Bitcoin ETFs from three companies.
Market Update
It is August 26th, 2018. BTC Dominance is currently at 53.7% (+0.1%). Total market cap is currently at $212.7 billion (- $2.6 billion). The volume of last 24h was $9.3 billion (-$2.8 billion).
BTC tried to break $6800 area of resistance and failed both time. Now it is currently trading at $6590. I won't say I told you but check or last post and it will be clear what was our opinion on BTC!
Now, oue team is waiting for potential pullback to mid bollinber band m15 or h1 to take new short position!
In crypto at the moment even the fact that more than $500 million Tether (USDT) were printed in August doesn't help too much!
(More on the link: https://cointelegraph.com/news/bloomberg-more-than-500-mln-tether-issued-in-august-is-not-impacting-crypto-markets )
In the article, Bloomberg noted that the allegations that Tether has been used to manipulate or stabilize the price of Bitcoin (BTC) — previously put forward in a paper from the University of Texas — are not holding true for the crypto markets this August.
In current market, every pump should be considered as a better opportunity for shorting! Until we change market sentiment, I do not expect test of local high ($8.5k) in near future! Near future means at least 3-4 weeks!
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 26th, 2018. BTC Dominance is currently at 53.7% (+0.1%). Total market cap is currently at $212.7 billion (- $2.6 billion). The volume of last 24h was $9.3 billion (-$2.8 billion).
BTC tried to break $6800 area of resistance and failed both time. Now it is currently trading at $6590. I won't say I told you but check or last post and it will be clear what was our opinion on BTC!
Now, oue team is waiting for potential pullback to mid bollinber band m15 or h1 to take new short position!
In crypto at the moment even the fact that more than $500 million Tether (USDT) were printed in August doesn't help too much!
(More on the link: https://cointelegraph.com/news/bloomberg-more-than-500-mln-tether-issued-in-august-is-not-impacting-crypto-markets )
In the article, Bloomberg noted that the allegations that Tether has been used to manipulate or stabilize the price of Bitcoin (BTC) — previously put forward in a paper from the University of Texas — are not holding true for the crypto markets this August.
In current market, every pump should be considered as a better opportunity for shorting! Until we change market sentiment, I do not expect test of local high ($8.5k) in near future! Near future means at least 3-4 weeks!
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!
Cointelegraph
Bloomberg: More Than $500 Mln Tether Issued in August Is Not Impacting Crypto Markets
Bloomberg reports that Tether is not currently affecting crypto markets, after previously accusing USDT of BTC price manipulation.
Margin signal
BTC
Type of position: Short
Entry price: 6680-6720!
Stop loss price: 6805
Targets:
1) 6580
2) 6450
3) 6380
Exchange: Bitmex
Good luck, CS Team!
BTC
Type of position: Short
Entry price: 6680-6720!
Stop loss price: 6805
Targets:
1) 6580
2) 6450
3) 6380
Exchange: Bitmex
Good luck, CS Team!
August 26th, 2018
The news for crypto:
-What does institutional money want in crypto? https://medium.com/@cosmonautcalls/institutional-money-the-end-goal-2dd8a096a16
-Philipipines, Korea and Thailand to become the next silicon valleys for crypto? https://www.ccn.com/philippines-korea-and-thailand-move-to-create-the-next-crypto-valley/
-Banks Continue to freeze accounts for using Bitcoin. https://news.bitcoin.com/banks-freeze-companys-accounts-after-owner-traded-on-localbitcoins/
-More and more politician coming out in support for Bitcoin, now Tulsi Gabbard admits she has invested! https://www.btcnn.com/tulsi-gabbard-first-us-congresswoman-to-admit-on-investing-crypto/
The news for crypto:
-What does institutional money want in crypto? https://medium.com/@cosmonautcalls/institutional-money-the-end-goal-2dd8a096a16
-Philipipines, Korea and Thailand to become the next silicon valleys for crypto? https://www.ccn.com/philippines-korea-and-thailand-move-to-create-the-next-crypto-valley/
-Banks Continue to freeze accounts for using Bitcoin. https://news.bitcoin.com/banks-freeze-companys-accounts-after-owner-traded-on-localbitcoins/
-More and more politician coming out in support for Bitcoin, now Tulsi Gabbard admits she has invested! https://www.btcnn.com/tulsi-gabbard-first-us-congresswoman-to-admit-on-investing-crypto/
Medium
Institutional money: The end goal
Institutional money is all the hype these days and I can’t blame the people that keep peddling the idea that institutional money will save…
The Head of Research at Fundstrat Global Advisors has said that he “still think[s] it’s possible” that Bitcoin’s price could surge to as high as $25,000 this year. Lee has based this assumption on the relationship between the price of BTC and BlackRock’s iShares MSCI Emerging Markets exchange-traded fund (ETF), which tracks large and mid-sized companies in emerging markets.
https://cointelegraph.com/news/fundstrats-tom-lee-correlation-between-btc-and-emerging-markets-is-sign-of-upcoming-trend-reversal
https://cointelegraph.com/news/fundstrats-tom-lee-correlation-between-btc-and-emerging-markets-is-sign-of-upcoming-trend-reversal
Cointelegraph
Fundstrat’s Tom Lee: ‘Correlation’ Between BTC and Emerging Markets Is Sign of Upcoming Trend Reversal
According to Lee, the “tide is changing” for both Bitcoin and emerging markets, following a prolonged downtrend.
Market Update
It is August 27th, 2018! BTC dominance is currently at 53.3% (-0.4%). Total market cap is currently at $218 billion (+ $5.3 billion). The volume of last 24h was $10.1 billion (+ $0.8 bilion).
We saw decrease in BTC dominance and increase in total market cap! The alts increased in price while BTC is still ranging in area between 6600 and 6700.
Here you are very good recap on the crypto market made by Cointelegraph: https://www.youtube.com/watch?time_continue=347&v=rMLrHI2MXTY
But, this recap is just for informational purpose! Do not trade based on this because it is obviously what they are trying to make! Not only ETF, but other news too! Why is the noscript of this article " The chances of and ETF hapenning are 100% "? Because it is going to happen but the question is when! They are now reviewing rejected applications but chances for changing their decision is almost zero.
In the near future, the only chance for getting an ETF has application filled by VanEck and crypto startup Solidx .
The decision about this application will be published on September 30th and it is very easy to calculate that we have almost 5 weeks until that date! It is very hard to keep hype alive for even week or 2! To expect to see uptrend from this point that will last 4-5 weeks because of an ETF is not realistic!
The hype may start around September 10th-15th! I do not expect anytime sooner! The purpose of all these positive news is to create bullish sentiment, to lower the number of shorts, to increase number of longs, to create double pressure and with one single news to crash BTC to 6k area again!
The technical analysis
Weekly chart :https://www.tradingview.com/x/Z50jhOUI/
It shows us rejection from important EMAs and mid bollinger band! Why these lines are important?
The majority of trading softwares (bots) are using these lines because for them it is very easy to calculate them and make strategy based on their value! If bots are against you, it will be very hard to beat them!
On the other side, all 3 bands are pointing down so downward mometum is currently active! To invalidate this, we need to see close above mid bollinger band or to see visit of low bollinger band and rejection at that level! One of these 2 things will happen for sure, the question is which one!
On the weekly chart, 5k area doesnt look impossible at all and of we see next weekly candle opening around this price or lower, the lower bollinger band can enter 4k area! So, if we do not see some major events and news, BTC can easily reach 4k area but because of all these potentially big bullish news, I do not think it will spend there too mcuh time!
Daily chart: https://www.tradingview.com/x/zBBsYPbg/
It got rejected 3 times by top bollinger band so downward momentum is still active!
Hourly chart: https://www.tradingview.com/x/kxUOnS2c/
It is struggling to make upward momentum so our short signal is still active!
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 27th, 2018! BTC dominance is currently at 53.3% (-0.4%). Total market cap is currently at $218 billion (+ $5.3 billion). The volume of last 24h was $10.1 billion (+ $0.8 bilion).
We saw decrease in BTC dominance and increase in total market cap! The alts increased in price while BTC is still ranging in area between 6600 and 6700.
Here you are very good recap on the crypto market made by Cointelegraph: https://www.youtube.com/watch?time_continue=347&v=rMLrHI2MXTY
But, this recap is just for informational purpose! Do not trade based on this because it is obviously what they are trying to make! Not only ETF, but other news too! Why is the noscript of this article " The chances of and ETF hapenning are 100% "? Because it is going to happen but the question is when! They are now reviewing rejected applications but chances for changing their decision is almost zero.
In the near future, the only chance for getting an ETF has application filled by VanEck and crypto startup Solidx .
The decision about this application will be published on September 30th and it is very easy to calculate that we have almost 5 weeks until that date! It is very hard to keep hype alive for even week or 2! To expect to see uptrend from this point that will last 4-5 weeks because of an ETF is not realistic!
The hype may start around September 10th-15th! I do not expect anytime sooner! The purpose of all these positive news is to create bullish sentiment, to lower the number of shorts, to increase number of longs, to create double pressure and with one single news to crash BTC to 6k area again!
The technical analysis
Weekly chart :https://www.tradingview.com/x/Z50jhOUI/
It shows us rejection from important EMAs and mid bollinger band! Why these lines are important?
The majority of trading softwares (bots) are using these lines because for them it is very easy to calculate them and make strategy based on their value! If bots are against you, it will be very hard to beat them!
On the other side, all 3 bands are pointing down so downward mometum is currently active! To invalidate this, we need to see close above mid bollinger band or to see visit of low bollinger band and rejection at that level! One of these 2 things will happen for sure, the question is which one!
On the weekly chart, 5k area doesnt look impossible at all and of we see next weekly candle opening around this price or lower, the lower bollinger band can enter 4k area! So, if we do not see some major events and news, BTC can easily reach 4k area but because of all these potentially big bullish news, I do not think it will spend there too mcuh time!
Daily chart: https://www.tradingview.com/x/zBBsYPbg/
It got rejected 3 times by top bollinger band so downward momentum is still active!
Hourly chart: https://www.tradingview.com/x/kxUOnS2c/
It is struggling to make upward momentum so our short signal is still active!
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!
YouTube
Tom Lee: 'the chances of an ETF happening are 100%' | Hodler's Digest
Hodler’s Digest August 19-26 Subscribe to Cointelegraph: https://goo.gl/JhmfdU SEC May Make U-Turn on Bitcoin ETF Rejections, While India and China Crack Dow...
August 27th, 2018
The crypto news:
-Exploit in EOS that could leave exchanges vulnerable! https://www.reddit.com/r/CryptoCurrency/comments/9alg25/a_potential_eos_exploit_and_large_exchanges_may/
-Crypto bans in China do not phase crypto enthusiasts like the government expected: https://www.chepicap.com/en/news/3218/the-chinese-crypto-community-doesn-t-seem-to-be-bothered-by-the-ban.html
-Exchanges faking their numbers to appear more legitimate, the new exchange scam https://www.chepicap.com/en/news/3200/the-sirens-of-crypto-wash-trading-epidemic-continues-with-6b-in-false-volume.html
The crypto news:
-Exploit in EOS that could leave exchanges vulnerable! https://www.reddit.com/r/CryptoCurrency/comments/9alg25/a_potential_eos_exploit_and_large_exchanges_may/
-Crypto bans in China do not phase crypto enthusiasts like the government expected: https://www.chepicap.com/en/news/3218/the-chinese-crypto-community-doesn-t-seem-to-be-bothered-by-the-ban.html
-Exchanges faking their numbers to appear more legitimate, the new exchange scam https://www.chepicap.com/en/news/3200/the-sirens-of-crypto-wash-trading-epidemic-continues-with-6b-in-false-volume.html
reddit
r/CryptoCurrency - A potential EOS exploit and large exchanges may still be vulnerable.
135 votes and 58 comments so far on Reddit
Crypto Signals
Margin signal BTC Type of position: Short Entry price: 6680-6720! Stop loss price: 6805 Targets: 1) 6580 2) 6450 3) 6380 Exchange: Bitmex Good luck, CS Team!
Margin singal
Update!
The current signal is still active. Price is ranging in area between our stop loss and first target.
The price is struggling to create upward momentum on h1, h4 and d1 time frames!
https://www.tradingview.com/x/TF1YM9OG/
After few rejected attempts, we usually see reversal and that's what we are waiting for!
Good luck, CS Team!
Update!
The current signal is still active. Price is ranging in area between our stop loss and first target.
The price is struggling to create upward momentum on h1, h4 and d1 time frames!
https://www.tradingview.com/x/TF1YM9OG/
After few rejected attempts, we usually see reversal and that's what we are waiting for!
Good luck, CS Team!
BTC Long/Short update!
Long : https://www.tradingview.com/x/iEPDnCaH/
Short: https://www.tradingview.com/x/yQgzt9jt/
Very interesting charts! Both are showing potential correction!
Shorts are at the all time high but longs are not so bad too! Longs are closer to the all time high than to the all time low!
Let's see what will be the outcome of this battle!
Long : https://www.tradingview.com/x/iEPDnCaH/
Short: https://www.tradingview.com/x/yQgzt9jt/
Very interesting charts! Both are showing potential correction!
Shorts are at the all time high but longs are not so bad too! Longs are closer to the all time high than to the all time low!
Let's see what will be the outcome of this battle!
Check out this chart!
https://www.tradingview.com/chart/BTCUSD/RzrQXOcA-BITCOIN-THE-END-IS-NEAR/
Maybe the end is near but the WXYXZ eliot waves are completely wrong. She didnt include 2 very important price areas ( low in April and high in May ). Also, she drew the descending triangle and then leg up?!
Check the conversation below, you can find a lot of good and also a lot of nonsense!
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
https://www.tradingview.com/chart/BTCUSD/RzrQXOcA-BITCOIN-THE-END-IS-NEAR/
Maybe the end is near but the WXYXZ eliot waves are completely wrong. She didnt include 2 very important price areas ( low in April and high in May ). Also, she drew the descending triangle and then leg up?!
Check the conversation below, you can find a lot of good and also a lot of nonsense!
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
TradingView
"BITCOIN... THE END IS NEAR.... " by trader LNE — published August 26, 2018
Bitcoin / U.S. Dollar (BITFINEX:BTCUSD). Get more trading ideas from LNE. Follow market experts, get opinions and be heard! Join the largest trading & investing community on the planet.
Market Update
It is August 28th, 2018! BTC dominance is currently at 53.0% (-0.3%). Total market cap is currently at $225.5 billion (+ $7.5 billion). The volume of last 24h $12.4 billion (+ $2.3 billion).
The market is becoming bullish step by step! The question is how long is it going to last!
Major media sites are not sharing FUD in last few days! Some of their posts are neutral but some of them are very bullish!
Some of posts:
New Data From CFTC Shows Bearish Bitcoin Futures Are on the Decline
https://cointelegraph.com/news/new-data-from-cftc-shows-bearish-bitcoin-futures-are-on-the-decline
The noscript sounds very bullish but when you read the article we can see that the total amount of short is still bigger than amount of longs! In the last week, we saw 4% increase in long positions and 7% decrease in short positions! So, yeah decrease in shorts and increse in longs is bullish but we have 3426 short and 2160 longs so in total, market is still bearish with 1266 more short positions!
JP Morgan CIO: Blockchain Will Replace Existing Technology
https://cointelegraph.com/news/jp-morgan-cio-blockchain-will-replace-existing-technology
" We are currently following many paths. We invented a blockchain with an open code based on Ethereum. Actual blockchain technology has not yet resolved issues with privacy and scalability that we needed. We are connected to Hyperledger and Enterprise Ethereum Alliance. The application of this technology in business is more important to us than the technology itself. We are looking not only for cost reduction, but also for opportunities to develop new products. "
Technical analysis
Daily chart: https://www.tradingview.com/x/O5TuK78M/
Close above top bollinger band created upward momentum! After 3 days struggling to close above, it closed yesterday and invalidated our short setup!
Weekly chart: https://www.tradingview.com/x/hYrzTybB/
This close above top bollinger band on daily time frame triggered long set up and now, BTC has chances to reach mid bollinger band w1 (7400).
We are waiting for pullback to see the strength of this uptrend! We have our setup ready, if we get confirmation, we are going to enter the trade and share with you! We have both short and long setups and we will see which one of them will be confirmed!
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 August 28th, 2018! BTC dominance is currently at 53.0% (-0.3%). Total market cap is currently at $225.5 billion (+ $7.5 billion). The volume of last 24h $12.4 billion (+ $2.3 billion).
The market is becoming bullish step by step! The question is how long is it going to last!
Major media sites are not sharing FUD in last few days! Some of their posts are neutral but some of them are very bullish!
Some of posts:
New Data From CFTC Shows Bearish Bitcoin Futures Are on the Decline
https://cointelegraph.com/news/new-data-from-cftc-shows-bearish-bitcoin-futures-are-on-the-decline
The noscript sounds very bullish but when you read the article we can see that the total amount of short is still bigger than amount of longs! In the last week, we saw 4% increase in long positions and 7% decrease in short positions! So, yeah decrease in shorts and increse in longs is bullish but we have 3426 short and 2160 longs so in total, market is still bearish with 1266 more short positions!
JP Morgan CIO: Blockchain Will Replace Existing Technology
https://cointelegraph.com/news/jp-morgan-cio-blockchain-will-replace-existing-technology
" We are currently following many paths. We invented a blockchain with an open code based on Ethereum. Actual blockchain technology has not yet resolved issues with privacy and scalability that we needed. We are connected to Hyperledger and Enterprise Ethereum Alliance. The application of this technology in business is more important to us than the technology itself. We are looking not only for cost reduction, but also for opportunities to develop new products. "
Technical analysis
Daily chart: https://www.tradingview.com/x/O5TuK78M/
Close above top bollinger band created upward momentum! After 3 days struggling to close above, it closed yesterday and invalidated our short setup!
Weekly chart: https://www.tradingview.com/x/hYrzTybB/
This close above top bollinger band on daily time frame triggered long set up and now, BTC has chances to reach mid bollinger band w1 (7400).
We are waiting for pullback to see the strength of this uptrend! We have our setup ready, if we get confirmation, we are going to enter the trade and share with you! We have both short and long setups and we will see which one of them will be confirmed!
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
New Data From CFTC Shows Bearish Bitcoin Futures Are on the Decline
Bearish positions for Bitcoin futures are on the decline, according to the latest Commitment of Traders report released by the U.S. CFTC.
August 28th, 2018
The crypto news:
-Larger Bitcoin holders are distributing their holdings (selling) whilst smaller accounts are buying. Potential dump inbound? 100K Bitcoin sold by the top 4 wallets since the 24th of June! https://twitter.com/cruiseycrypto/status/1011097100803698688
-Randi Zuckerberg (CEO of Facebooks sister) joins Houbi Exchange the help them improve: https://www.reddit.com/r/TokenHub/comments/9aqx4r/randi_zuckerberg_joins_huobi_to_assist_in_its/
-BATs Brave browser hits 10M downloads! https://www.ccn.com/crypto-funded-brave-browser-hits-10-million-downloads-in-google-play-store/
The crypto news:
-Larger Bitcoin holders are distributing their holdings (selling) whilst smaller accounts are buying. Potential dump inbound? 100K Bitcoin sold by the top 4 wallets since the 24th of June! https://twitter.com/cruiseycrypto/status/1011097100803698688
-Randi Zuckerberg (CEO of Facebooks sister) joins Houbi Exchange the help them improve: https://www.reddit.com/r/TokenHub/comments/9aqx4r/randi_zuckerberg_joins_huobi_to_assist_in_its/
-BATs Brave browser hits 10M downloads! https://www.ccn.com/crypto-funded-brave-browser-hits-10-million-downloads-in-google-play-store/
Twitter
Chill (BTC $50K EOY)
We welcome one new whale to the #bitcoin fam adding 100,000 $btc to his portfolio.
BTI claimed in its report that $6 billion in daily crypto trading volume is faked, nearly 50 percent of the market’s daily trading volume, mostly because of various wash and bot trade strategies implemented by digital asset exchanges.
https://www.ccn.com/6-billion-daily-crypto-volume-is-being-faked-how-can-it-be-combated/
https://www.ccn.com/6-billion-daily-crypto-volume-is-being-faked-how-can-it-be-combated/
CCN.com
$6 Billion Daily Crypto Volume is Being Faked, How Can it be Combated?
Earlier this week, BTI published a report claiming that the global crypto exchange market is faking $6 billion of its daily volume.
The story of the infamous cryptocurrency exchange Mt. Gox seems to be taking a twist that could bring a relatively happy resolution to one of the most dramatic episodes in the short history of digital money. As the gates are now open for the Japan-based exchange’s creditors to file rehabilitation claims, chances are that most of the roughly 24,000 bereft patrons will eventually get their funds back and even see some returns on their involuntary, four-year long investment.
https://cointelegraph.com/news/the-mt-gox-redemption-heading-toward-a-happy-ending
https://cointelegraph.com/news/the-mt-gox-redemption-heading-toward-a-happy-ending
Cointelegraph
The Mt. Gox Redemption: Heading Toward a Happy Ending?
Four years after the collapse, the hacked exchange has more money than it owes to its victims.
Excellent explanation on Bakkt and why it's more critical than ETFs
https://twitter.com/Ironwood_RG/status/1034513723753414656?s=20
https://twitter.com/Ironwood_RG/status/1034513723753414656?s=20
Twitter
Ironwood Research Group
Excerpt from this week's @ironwood_rg's Not Financial Advice Show #podcast. The team reviews @Bakkt. If you are not familiar with #Bakkt check out the segment and learn why it's bigger than ETFs. #bitcoin #bullish #ETFs https://t.co/DsNKEEUJQG
Market Update
It is August 29t, 2018! BTC dominance is currently at 52.8% (-0.2%). Total market cap is currently at $230.5 billion (+ $5.5 billion). The volume of last 24h was $13.4 billion (+ $0.9 billion).
The market cap is growing step by step, in average $5-10 billion per day! The very important area that will give us a lot of answers about the strength of this trend is area around $250 billion. This area was very strong support for months until it got broken. So, previous support could turn into the ressitance!
The technical analysis
After yesterday's uptrend, we are now consolidating in area between $7000 and $7100. In this week, I think we should see test of $7400 area as I said because it is very important area on weekly chart! Currently, it is showing some weakness so we may see dump to 6900-7000 area but after that dump we are probably going to see at lest on more leg up!
The fundamental analysis
In last 24 hours, we didnt see any major news about regulation and things that are popular and very important at the moment!
The news that could be important is this shared by ccn:
" Russia May Unban Telegram…if it Shares Encryption Keys with the FSB "
https://www.ccn.com/russia-may-unban-telegram-if-it-shares-encryption-keys-with-the-fsb/
Also, the news shared by Cointelegraph proves that crypto is getting ready for mainstream adoption:
" Coinbase Research: 42% of Top 50 Universities Offer at Least One Crypto-Related Class "
https://cointelegraph.com/news/coinbase-research-42-of-top-50-universities-offer-at-least-one-crypto-related-class
We have our short and long setups ready! Once we get confirmation, we are going to share the signal with you! At the moment, we have only scalp opportunities and scalps are shared only in our paid channel!
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 August 29t, 2018! BTC dominance is currently at 52.8% (-0.2%). Total market cap is currently at $230.5 billion (+ $5.5 billion). The volume of last 24h was $13.4 billion (+ $0.9 billion).
The market cap is growing step by step, in average $5-10 billion per day! The very important area that will give us a lot of answers about the strength of this trend is area around $250 billion. This area was very strong support for months until it got broken. So, previous support could turn into the ressitance!
The technical analysis
After yesterday's uptrend, we are now consolidating in area between $7000 and $7100. In this week, I think we should see test of $7400 area as I said because it is very important area on weekly chart! Currently, it is showing some weakness so we may see dump to 6900-7000 area but after that dump we are probably going to see at lest on more leg up!
The fundamental analysis
In last 24 hours, we didnt see any major news about regulation and things that are popular and very important at the moment!
The news that could be important is this shared by ccn:
" Russia May Unban Telegram…if it Shares Encryption Keys with the FSB "
https://www.ccn.com/russia-may-unban-telegram-if-it-shares-encryption-keys-with-the-fsb/
Also, the news shared by Cointelegraph proves that crypto is getting ready for mainstream adoption:
" Coinbase Research: 42% of Top 50 Universities Offer at Least One Crypto-Related Class "
https://cointelegraph.com/news/coinbase-research-42-of-top-50-universities-offer-at-least-one-crypto-related-class
We have our short and long setups ready! Once we get confirmation, we are going to share the signal with you! At the moment, we have only scalp opportunities and scalps are shared only in our paid channel!
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
CCN.com
Russia May Unban Telegram...if it Shares Encryption Keys with the FSB
Russia’s telecom watchdog said that it may reverese the ban on Telegram if the company shares its encryption keys with federal law enforcement.
Crypto Signals
BTC Long/Short update! Long : https://www.tradingview.com/x/iEPDnCaH/ Short: https://www.tradingview.com/x/yQgzt9jt/ Very interesting charts! Both are showing potential correction! Shorts are at the all time high but longs are not so bad too! Longs are…
BTC Long/Short update!
Long: https://www.tradingview.com/x/z6qvLmm3/
Short: https://www.tradingview.com/x/WVaY8hq7/
So far, it is following our prediction! The fact that number of shorts dropped around 25%, number of longs dropped 8-10% and price pumped around 5% confirms our theory that 7400 could be the max for this move.
We lost a lot of shorts but price didnt pump too much! It will be now much harder to see short squeeze, almost impossible! The number of longs is dropping too and the reason for that is booking profit on longs opened around 6500!
Expecting to see drop in short positions 10% more and then shorts will have a lot of space to grow to new ATH if BTC is willing to reach 6k again!
We will keep our eyes on these charts because it can help a lot to get some hidden signs!
Long: https://www.tradingview.com/x/z6qvLmm3/
Short: https://www.tradingview.com/x/WVaY8hq7/
So far, it is following our prediction! The fact that number of shorts dropped around 25%, number of longs dropped 8-10% and price pumped around 5% confirms our theory that 7400 could be the max for this move.
We lost a lot of shorts but price didnt pump too much! It will be now much harder to see short squeeze, almost impossible! The number of longs is dropping too and the reason for that is booking profit on longs opened around 6500!
Expecting to see drop in short positions 10% more and then shorts will have a lot of space to grow to new ATH if BTC is willing to reach 6k again!
We will keep our eyes on these charts because it can help a lot to get some hidden signs!
Important update, please read
The new thing is spreading in channels that telegram blocking channels or deleted channels without reason.
But the truth about that is admin are not telling you the real story behind this because that problem is their self made not by telegram. In past 30 days admins using python noscripts to add members in their channel and grown up significantly like some channels grown up 80k to 170k in just 7 days and another one 120k to 230k it's normal no ofcourse not because they added forcefully members by using their username to make big group and then start doing pumps and started making money but we are not dependent on pumps that's why not doing pumps because already earning thousands of dollars each day and others who are doing pumps not sure about their self Signals and doing pumps because they only have pump to make money but bad things will not last forever and now telegram blocking out their channel because they added members without their permission.
I had same offers but I rejected them! It doesnt matter if you have 200 or 200k members! What matters is the value you provide and number of acctive followers!
Crypto Singals BackUp Channel: https://news.1rj.ru/str/cryptosignalsbackupchannel
We created backup channel in order something happens with our channel! We are almost sure it wont happen but you need plan B! Please join through the link and pin our channel at the top!
Thank you for your support, CS Team!
The new thing is spreading in channels that telegram blocking channels or deleted channels without reason.
But the truth about that is admin are not telling you the real story behind this because that problem is their self made not by telegram. In past 30 days admins using python noscripts to add members in their channel and grown up significantly like some channels grown up 80k to 170k in just 7 days and another one 120k to 230k it's normal no ofcourse not because they added forcefully members by using their username to make big group and then start doing pumps and started making money but we are not dependent on pumps that's why not doing pumps because already earning thousands of dollars each day and others who are doing pumps not sure about their self Signals and doing pumps because they only have pump to make money but bad things will not last forever and now telegram blocking out their channel because they added members without their permission.
I had same offers but I rejected them! It doesnt matter if you have 200 or 200k members! What matters is the value you provide and number of acctive followers!
Crypto Singals BackUp Channel: https://news.1rj.ru/str/cryptosignalsbackupchannel
We created backup channel in order something happens with our channel! We are almost sure it wont happen but you need plan B! Please join through the link and pin our channel at the top!
Thank you for your support, CS Team!