It is September 7th, 2018
BTC dominance is currently at 54.7% (-0.2%). The total market cap is currently at $204.8 billion (+ $3.1 billion). The market volume of last 24h was $13.1 billion (- $7.5 billion).
After an insane drop that happened 36 hours ago, we are currently ranging between 6350 and 6550. If you read our yesterday's market update, we told you that we are going to see consolidation. At the moment price action is turning bearish again. We are short from 6495 and now after closing 10% of the position at 6390, we are holding the rest with stop loss at the entry price! Our targets for potential further drop ar 6330, 6210 and 6050.
Fundamental analysis
Goldman Sachs CFO: Recent Reports About Crypto Trading Desk Are ‘Fake News’
https://cointelegraph.com/news/goldman-sachs-cfo-recent-reports-about-crypto-trading-desk-are-fake-news
I just want to add 2 comments to this article. Firstly, 90% news in crypto are fake whether it is positive or negative! Secondly, they did this just to turn market bullish (in one moment number of longs on Bitmex was higher than number of shorts). Now all these longs put stop loss at 6400 or 6300 or 6200 and because of that it iwll be very easy for bears to crash BTC even more.
Coinbase Considers Launching Crypto ETF with Help of Wall Street’s BlackRock, Say Sources
https://cointelegraph.com/news/coinbase-considers-launching-crypto-etf-with-help-of-wall-streets-blackrock-say-sources
Crypto Exchange Kraken Denies Security Breach and Office Closure in Halifax, Canada
https://www.ccn.com/crypto-exchange-kraken-denies-security-breach-and-office-closure-in-halifax-canada/
Texhnical analysis
4h chart : https://www.tradingview.com/x/OIcuVAdi/
This time frame is more than enough to explain everything! We saw ranging that created bearish formation! We entered short after previous candle close! While we were writing this post, price dropped and reached our first target at 6330. Now we are holding the rest of the position with stop loss above 6450.
It is very clear that h4 is targeting low bollinger band! Once it gets reached, we may see a little more consolidation with potential bullish period but most likely we will test 5800 in upcoming 3 days! What will happen at that level is very hard to say! Time will show but this time we have big chances to break it!
So, longing is not suggested! Whenever you get an entry good risk to reward ratio, it is suggested to go short!
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
To your success, CS Team!
BTC dominance is currently at 54.7% (-0.2%). The total market cap is currently at $204.8 billion (+ $3.1 billion). The market volume of last 24h was $13.1 billion (- $7.5 billion).
After an insane drop that happened 36 hours ago, we are currently ranging between 6350 and 6550. If you read our yesterday's market update, we told you that we are going to see consolidation. At the moment price action is turning bearish again. We are short from 6495 and now after closing 10% of the position at 6390, we are holding the rest with stop loss at the entry price! Our targets for potential further drop ar 6330, 6210 and 6050.
Fundamental analysis
Goldman Sachs CFO: Recent Reports About Crypto Trading Desk Are ‘Fake News’
https://cointelegraph.com/news/goldman-sachs-cfo-recent-reports-about-crypto-trading-desk-are-fake-news
I just want to add 2 comments to this article. Firstly, 90% news in crypto are fake whether it is positive or negative! Secondly, they did this just to turn market bullish (in one moment number of longs on Bitmex was higher than number of shorts). Now all these longs put stop loss at 6400 or 6300 or 6200 and because of that it iwll be very easy for bears to crash BTC even more.
Coinbase Considers Launching Crypto ETF with Help of Wall Street’s BlackRock, Say Sources
https://cointelegraph.com/news/coinbase-considers-launching-crypto-etf-with-help-of-wall-streets-blackrock-say-sources
Crypto Exchange Kraken Denies Security Breach and Office Closure in Halifax, Canada
https://www.ccn.com/crypto-exchange-kraken-denies-security-breach-and-office-closure-in-halifax-canada/
Texhnical analysis
4h chart : https://www.tradingview.com/x/OIcuVAdi/
This time frame is more than enough to explain everything! We saw ranging that created bearish formation! We entered short after previous candle close! While we were writing this post, price dropped and reached our first target at 6330. Now we are holding the rest of the position with stop loss above 6450.
It is very clear that h4 is targeting low bollinger band! Once it gets reached, we may see a little more consolidation with potential bullish period but most likely we will test 5800 in upcoming 3 days! What will happen at that level is very hard to say! Time will show but this time we have big chances to break it!
So, longing is not suggested! Whenever you get an entry good risk to reward ratio, it is suggested to go short!
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
To your success, CS Team!
Cointelegraph
Goldman Sachs CFO: Recent Reports About Crypto Trading Desk Are ‘Fake News’
Goldman Sachs CFO Martin Chavez called recent reports of the firm abandoning a crypto trading desk “fake news.”
It is September 8th, 2018
BTC dominance is currently at 54.8% (+0.1%). The total market cap is currently at $204.8 billion (+ $0.0 billion). The market volume of last 24h was $11.6 billion (- $1.5 billion).
The ranging time is still on! The market is ranging between 6300 and 6500 price areas. As it is weekend, we may see continuation of this ranging market for next 48h. This type of market is accumulation for next move! In this market condition that move is more likely going to be one more leg down! Over the next 48 hours, we may see test of 6600 price and maybe 6700. But in the current market conditions we do not expect to see price higher than that!
You have to know that the price is always affected by all news, rumors and etc! I see most people are saying that BTC will go up because Goldman Sachs news was fake. Price is already affected by that news and it's over! That news is 24h old and price didnt go up! I am not saying uptrend is not going to happen but just that we need something else to happen in order to see uptrend!
In general, our team is very bullish on BTC as an investmnet but when we are talking about trading, it is time to think only about short entries! Trade with the trend to maximize your gains!
Fundamental analysis
Coinbase CEO Brian Armstrong: 1 Billion People Will Be in Crypto Ecosystem in 5 Years
https://cointelegraph.com/news/coinbase-ceo-brian-armstrong-1-billion-people-will-be-in-crypto-ecosystem-in-5-years
Majority of Investors Want to Buy More Digital Currency in 2018, Survey Shows
https://cointelegraph.com/news/majority-of-investors-want-to-buy-more-digital-currency-in-2018-survey-shows
Technical analysis
4h chart : https://www.tradingview.com/x/GejtJVMa/
The first sign of potential small uptrend is close above EMA 8 on this time frame! Then we can see test of EMA 13, 21 and mid bollinger band. All these lines are in area between 6500 and 6600.
As long as we are below EMA 8, we are in extremelly bearish market!
Our opinion is that crypto may see some uptrend this weekend because big guys need uptrend to open new shorts a little bit higher! We are not going to open long positions because of bad risk to reward ratio! Safe stop loss is below 6300 and it is too far. So, our team is going to wait for potential uptrend and once we see bearish signs in 6500-6700 area, we will start to looking for short entries!
This time, we are going to share our margin signal in free channel too so 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
To your success, CS Team!
BTC dominance is currently at 54.8% (+0.1%). The total market cap is currently at $204.8 billion (+ $0.0 billion). The market volume of last 24h was $11.6 billion (- $1.5 billion).
The ranging time is still on! The market is ranging between 6300 and 6500 price areas. As it is weekend, we may see continuation of this ranging market for next 48h. This type of market is accumulation for next move! In this market condition that move is more likely going to be one more leg down! Over the next 48 hours, we may see test of 6600 price and maybe 6700. But in the current market conditions we do not expect to see price higher than that!
You have to know that the price is always affected by all news, rumors and etc! I see most people are saying that BTC will go up because Goldman Sachs news was fake. Price is already affected by that news and it's over! That news is 24h old and price didnt go up! I am not saying uptrend is not going to happen but just that we need something else to happen in order to see uptrend!
In general, our team is very bullish on BTC as an investmnet but when we are talking about trading, it is time to think only about short entries! Trade with the trend to maximize your gains!
Fundamental analysis
Coinbase CEO Brian Armstrong: 1 Billion People Will Be in Crypto Ecosystem in 5 Years
https://cointelegraph.com/news/coinbase-ceo-brian-armstrong-1-billion-people-will-be-in-crypto-ecosystem-in-5-years
Majority of Investors Want to Buy More Digital Currency in 2018, Survey Shows
https://cointelegraph.com/news/majority-of-investors-want-to-buy-more-digital-currency-in-2018-survey-shows
Technical analysis
4h chart : https://www.tradingview.com/x/GejtJVMa/
The first sign of potential small uptrend is close above EMA 8 on this time frame! Then we can see test of EMA 13, 21 and mid bollinger band. All these lines are in area between 6500 and 6600.
As long as we are below EMA 8, we are in extremelly bearish market!
Our opinion is that crypto may see some uptrend this weekend because big guys need uptrend to open new shorts a little bit higher! We are not going to open long positions because of bad risk to reward ratio! Safe stop loss is below 6300 and it is too far. So, our team is going to wait for potential uptrend and once we see bearish signs in 6500-6700 area, we will start to looking for short entries!
This time, we are going to share our margin signal in free channel too so 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
To your success, CS Team!
Cointelegraph
Coinbase CEO Brian Armstrong: 1 Billion People Will Be in Crypto Ecosystem in 5 Years
Coinbase CEO Brian Armstrong has projected a substantial increase in the number of people involved in the crypto ecosystem in the next five years.
It is September 9th, 2018
BTC dominance is currently at 55.4% (+0.6%). The total market cap is currently at $200.2 billion (- $4.6 billion). The market volume of last 24h was $12.4 billion (+ $0.8 billion).
Fundamental analysis
What to Expect If Ether Futures Become a Reality?
https://cointelegraph.com/news/what-to-expect-if-ether-futures-become-a-reality
Ethereum Creator Believes Days of 1000x Crypto Growth is Gone
https://www.ccn.com/why-ethereum-co-creator-believes-days-of-1000x-crypto-growth-is-gone/
Of course its gone because it is easy to see growth from few billions up to few hundred billions. But the growth will happen sooner or later! Not 1000x and not in a year but 100x in couple of years is very realistic (from $200 billion to $20 trillion).
Technical analysis
4h chart : https://www.tradingview.com/x/wKmjaOHV/
Yesterday we saw the drop in price from $6400 price level all the way down to $6100. As you can see H4 time frame didnt create downward momentum ( didnt close below low bollinger band ) and it was first bullish sign for a while! We missed to update the market situation because long trigger happened while we were sleeping!
The price is currently testing mid bollinger band H4 and we will see what is going to be outcome! Break above could lead us to test top bollinger band H4. If that happens, we should check H1 to see if we are going to get short trigger because area of top bb H4 would be perfect short entry!
Short positions : https://www.tradingview.com/x/22i0sbQs/
Long positions : https://www.tradingview.com/x/7QoesIGw/
Both, the number of shorts and longs, are decreasing! The ratio between shorts and longs on Bitfinex is 59/41 and on Bitmex it is 46/54. So we have 2 different situations! On Bitfinex we have much more shorts and on Bitmex we have more longs!
The number of longs on Bitmex wont allow price to go above $6700 price level in our opinion! If we consider all time frames, the number of longs and shorts and FA, we are in very risky market to trade. We were right for pump this morning and it was predictable but currently from this point ($6400) price can go in both directions. Our team is looking for $6600-6700 area for short entries! We can get short triggers even lower in area between $6500 and $6600. We have a lot of resistances in this price area so it is expected to see drop from this point!
Currently it is not time to enter any trade whether it is long or short position! We will wait patiently for potentil uptrend to get better shorting opportunity!
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
To your success, CS Team!
BTC dominance is currently at 55.4% (+0.6%). The total market cap is currently at $200.2 billion (- $4.6 billion). The market volume of last 24h was $12.4 billion (+ $0.8 billion).
Fundamental analysis
What to Expect If Ether Futures Become a Reality?
https://cointelegraph.com/news/what-to-expect-if-ether-futures-become-a-reality
Ethereum Creator Believes Days of 1000x Crypto Growth is Gone
https://www.ccn.com/why-ethereum-co-creator-believes-days-of-1000x-crypto-growth-is-gone/
Of course its gone because it is easy to see growth from few billions up to few hundred billions. But the growth will happen sooner or later! Not 1000x and not in a year but 100x in couple of years is very realistic (from $200 billion to $20 trillion).
Technical analysis
4h chart : https://www.tradingview.com/x/wKmjaOHV/
Yesterday we saw the drop in price from $6400 price level all the way down to $6100. As you can see H4 time frame didnt create downward momentum ( didnt close below low bollinger band ) and it was first bullish sign for a while! We missed to update the market situation because long trigger happened while we were sleeping!
The price is currently testing mid bollinger band H4 and we will see what is going to be outcome! Break above could lead us to test top bollinger band H4. If that happens, we should check H1 to see if we are going to get short trigger because area of top bb H4 would be perfect short entry!
Short positions : https://www.tradingview.com/x/22i0sbQs/
Long positions : https://www.tradingview.com/x/7QoesIGw/
Both, the number of shorts and longs, are decreasing! The ratio between shorts and longs on Bitfinex is 59/41 and on Bitmex it is 46/54. So we have 2 different situations! On Bitfinex we have much more shorts and on Bitmex we have more longs!
The number of longs on Bitmex wont allow price to go above $6700 price level in our opinion! If we consider all time frames, the number of longs and shorts and FA, we are in very risky market to trade. We were right for pump this morning and it was predictable but currently from this point ($6400) price can go in both directions. Our team is looking for $6600-6700 area for short entries! We can get short triggers even lower in area between $6500 and $6600. We have a lot of resistances in this price area so it is expected to see drop from this point!
Currently it is not time to enter any trade whether it is long or short position! We will wait patiently for potentil uptrend to get better shorting opportunity!
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
To your success, CS Team!
Cointelegraph
What to Expect If Ether Futures Become a Reality?
The possible launch of Ether futures could have both positive and negative ramifications for the cryptocurrency.
Why ETH is losing it's value and why it has dropped so much?
Check out these two great article about this topic!
https://twitter.com/real_vijay/status/1038646626837917697
https://medium.com/@tetrascapital/ether-eth-bearish-thesis-the-flippening-of-market-irrationality-8633e70ab498
Check out these two great article about this topic!
https://twitter.com/real_vijay/status/1038646626837917697
https://medium.com/@tetrascapital/ether-eth-bearish-thesis-the-flippening-of-market-irrationality-8633e70ab498
Twitter
Vijay Boyapati
1/ #Ethereum is crashing (not just in USD terms but in BTC terms); has the demand for a decentralized world computer disappeared, or is something else at play? Let's consider the fundamentals from an economic point of view.
It is September 10th, 2018
BTC dominance is currently at 55.5% (+0.1%). The total market cap is currently at $197.1 billion (- $3.1 billion). The market cap of last 24h was $11.3 billion (- $1.1 billion).
Fundamental analysis
Australian authorities putting driver licenses on the blockchain
https://www.itnews.com.au/news/nsw-puts-digital-drivers-licence-on-a-blockchain-512298
Major bank CITI group looking to create bitcoin security product before other competitiors
https://theicojournal.com/exclusive-citigroup-source-bitcoin-security-adr-beat-rivals-to-market/
Despite Ban, China Keeps Trading Cryptocurrency Thanks to Tether and VPNs, Says Report
https://cointelegraph.com/news/despite-ban-china-keeps-trading-cryptocurrency-thanks-to-tether-and-vpns-says-report
What people don't understand is that Bitcoin is not some program that you can ban and people wont be able to use it! It is a protocol and as long as we have internet access, we will be able to buy, sell and send bitcoins without any problem! If your country ban bitcoin, well there are more than 200 other countries! You are not a rock! If you don't like where you are, MOVE!
Technical analysis
4h chart : https://www.tradingview.com/x/vfzguG7N/
Price is still below mid bollinger band! Our team is not in a position! A lot of pumps and dumps are sign of consolidation and the beginning of the ranging market! We do not think that it will last for weeks but at the moment, we will short only if price reaches our entry zone (top bollinger band h4/ mid bollinger band d1). Everything else would be just FOMO entry!
Weekly chart: https://www.tradingview.com/x/5FVPYvnS/
If you are curious why we are looking only for short entries, this chart is best answer to this question! When you see bearish engulfing at the resistance, it is huge bearish sign and price will most likely continue to decrease until it reaches area of potential support! We have resistance on weekly time frame so we need to find support on that time frame too! The support is around 5200. This week or next week we may easily see test of this area!
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
To your success, CS Team!
BTC dominance is currently at 55.5% (+0.1%). The total market cap is currently at $197.1 billion (- $3.1 billion). The market cap of last 24h was $11.3 billion (- $1.1 billion).
Fundamental analysis
Australian authorities putting driver licenses on the blockchain
https://www.itnews.com.au/news/nsw-puts-digital-drivers-licence-on-a-blockchain-512298
Major bank CITI group looking to create bitcoin security product before other competitiors
https://theicojournal.com/exclusive-citigroup-source-bitcoin-security-adr-beat-rivals-to-market/
Despite Ban, China Keeps Trading Cryptocurrency Thanks to Tether and VPNs, Says Report
https://cointelegraph.com/news/despite-ban-china-keeps-trading-cryptocurrency-thanks-to-tether-and-vpns-says-report
What people don't understand is that Bitcoin is not some program that you can ban and people wont be able to use it! It is a protocol and as long as we have internet access, we will be able to buy, sell and send bitcoins without any problem! If your country ban bitcoin, well there are more than 200 other countries! You are not a rock! If you don't like where you are, MOVE!
Technical analysis
4h chart : https://www.tradingview.com/x/vfzguG7N/
Price is still below mid bollinger band! Our team is not in a position! A lot of pumps and dumps are sign of consolidation and the beginning of the ranging market! We do not think that it will last for weeks but at the moment, we will short only if price reaches our entry zone (top bollinger band h4/ mid bollinger band d1). Everything else would be just FOMO entry!
Weekly chart: https://www.tradingview.com/x/5FVPYvnS/
If you are curious why we are looking only for short entries, this chart is best answer to this question! When you see bearish engulfing at the resistance, it is huge bearish sign and price will most likely continue to decrease until it reaches area of potential support! We have resistance on weekly time frame so we need to find support on that time frame too! The support is around 5200. This week or next week we may easily see test of this area!
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
To your success, CS Team!
iTnews
NSW puts digital driver's licence on a blockchain
Expected to underpin statewide rollout.
It is September 11th, 2018
BTC dominance is currently at 56.0% (+0.5%). The total market cap is currently at $196.2 billion (- $0.9 billion). The market cap of last 24h was $10.9 billion (- $0.4 billion).
BTC is currently in no trade zone! Bearish engulfing on weekly time frame is very strong bearish sign but currently there is no safe stop loss for both long and short positions! Our entry zone for short is still the same (top bollinger band H4 but only if we get trigger on H1).
Fundamental analysis
Winklevoss Brothers Launch Fiat-Backed Stablecoin After New York Regulator’s Green Light
https://cointelegraph.com/news/winklevoss-brothers-launch-fiat-backed-stablecoin-after-new-york-regulators-green-light
72% of Cryptocurrency Investors Plan to Buy More this Year: Survey
https://www.ccn.com/72-of-cryptocurrency-investors-plan-to-buy-more-this-year-survey/
Citigroup is the Latest Bank to Offer Crypto Custody: Here’s How it Will Affect the Market
https://www.ccn.com/citigroup-is-the-latest-bank-to-offer-crypto-custody-heres-how-it-will-affect-the-market/
Technical analysis
H4 chart : https://www.tradingview.com/x/DndpSne9
We have close above mid bollinger band H4 and now it is retesting broken resistance! If we establish support here, we can see test of top bollinger band H4 and that would be great area to look for short entry! Once we get short trigger, we are going to share with you! At the moment we are not in a position and just waiting for entry with good risk to reward ratio!
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
To your success, CS Team!
BTC dominance is currently at 56.0% (+0.5%). The total market cap is currently at $196.2 billion (- $0.9 billion). The market cap of last 24h was $10.9 billion (- $0.4 billion).
BTC is currently in no trade zone! Bearish engulfing on weekly time frame is very strong bearish sign but currently there is no safe stop loss for both long and short positions! Our entry zone for short is still the same (top bollinger band H4 but only if we get trigger on H1).
Fundamental analysis
Winklevoss Brothers Launch Fiat-Backed Stablecoin After New York Regulator’s Green Light
https://cointelegraph.com/news/winklevoss-brothers-launch-fiat-backed-stablecoin-after-new-york-regulators-green-light
72% of Cryptocurrency Investors Plan to Buy More this Year: Survey
https://www.ccn.com/72-of-cryptocurrency-investors-plan-to-buy-more-this-year-survey/
Citigroup is the Latest Bank to Offer Crypto Custody: Here’s How it Will Affect the Market
https://www.ccn.com/citigroup-is-the-latest-bank-to-offer-crypto-custody-heres-how-it-will-affect-the-market/
Technical analysis
H4 chart : https://www.tradingview.com/x/DndpSne9
We have close above mid bollinger band H4 and now it is retesting broken resistance! If we establish support here, we can see test of top bollinger band H4 and that would be great area to look for short entry! Once we get short trigger, we are going to share with you! At the moment we are not in a position and just waiting for entry with good risk to reward ratio!
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
To your success, CS Team!
Cointelegraph
Winklevoss Brothers Launch Fiat-Backed Stablecoin After New York Regulator’s Green Light
The Winklevoss twins’ Gemini platform has launched its own stablecoin – the Gemini dollar – following New York regulator approval.
Be strong when it is the hardest!
Our team think that this is the last sell off before big bull run! Altcoin market is at the bottom! Bitcoin has big chances to reach bottom in couple of days!
The autumn is full of potential big news! A lot of rumors about big companies starting to accept crypto, a lot of big banks are willing to offer crypto trading! We are sure that some of these rumors are fake, but also we are almost 100% sure that some of them will happen very soon!
If you are an investor, this is time to invest!If you are desperate because your alts are almost worth nothing, you are not alone! If you were holding for months, you must keep holding for few more months! If you sell now, you will lose everything! Maybe you can get 10% of your investmnet but I would rather risk to lose these 10% in order to make some gains!
The bull run is very close, keep HODLING!
Our team think that this is the last sell off before big bull run! Altcoin market is at the bottom! Bitcoin has big chances to reach bottom in couple of days!
The autumn is full of potential big news! A lot of rumors about big companies starting to accept crypto, a lot of big banks are willing to offer crypto trading! We are sure that some of these rumors are fake, but also we are almost 100% sure that some of them will happen very soon!
If you are an investor, this is time to invest!If you are desperate because your alts are almost worth nothing, you are not alone! If you were holding for months, you must keep holding for few more months! If you sell now, you will lose everything! Maybe you can get 10% of your investmnet but I would rather risk to lose these 10% in order to make some gains!
The bull run is very close, keep HODLING!
It is September 12th, 2018
BTC dominance is currently at 57.8% (+1.8%). The total market cap is currently at $187.7 billion (- $8.5 billion). The market cap of last 24h was $11.8 billion (+ $0.9 billion).
We would like firstly to go through today's news in crypot market and then to share our opinion after technical analysis!
Fundamental analysis
In an Apparent First, U.S. SEC Penalizes Crypto Hedge Fund
https://cointelegraph.com/news/in-an-apparent-first-us-sec-penalizes-crypto-hedge-fund
Why SWIFT transfers are more dangerous than you think
https://www.reddit.com/r/CryptoCurrency/comments/9etfth/the_us_government_and_others_can_seize_any/
The Bank of Russia Says Its ICO Experiment Was a Success
https://www.coindesk.com/the-bank-of-russia-says-its-ico-experiment-was-a-success/
Technical analysis
D1 time frame : https://www.tradingview.com/x/0Dvd1KRm/
On this chart we can see that BTC is testing very important area! This area was area of interest few times in the past! This time it is trying to hold out and so far it is holding! The candle formation on this time frame is bearish and it is pointing down but if we see sudden increase of buyers we can easily see bounce off! If we check buy/sell orders on Bitmex, we have more buy orders that are growing every day!
H4 time frame : https://www.tradingview.com/x/jHPUscvS/
Again and again, the price is still below mid bollinger band and that is bearish sign but on the other side it is struggling to close below low bollinger band! It has to close below in order to create downward momentum!
Long/Short ratio :http://prntscr.com/ktfy9b
This is very weird! On Bitfinex we have way more short positions and on Bitmex we have way more long positions so overall ratio is almost equal! This is best proof of no trade zone! The main question is who opened those positions! If big guys opened shorts, they will do everything they can to dump it and vice versa!
Bitcoin dominance is going up more and more and it is very close to cross 60%. Altcoin market is dropping more and more and it has to stop sooner or later! The main question is what will cause it from further drop? Last time it was pump in Bitcoin price!
We have a lot of weird signs at the moment! We are still thinking that Bitcoin has to drop at least to test 5800 because of weekly candle that was very bearish! But as long as we are without good entry point with good risk reward we will wait! Even if you miss first wave, there will always be another opportunity!
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
To your success, CS Team!
BTC dominance is currently at 57.8% (+1.8%). The total market cap is currently at $187.7 billion (- $8.5 billion). The market cap of last 24h was $11.8 billion (+ $0.9 billion).
We would like firstly to go through today's news in crypot market and then to share our opinion after technical analysis!
Fundamental analysis
In an Apparent First, U.S. SEC Penalizes Crypto Hedge Fund
https://cointelegraph.com/news/in-an-apparent-first-us-sec-penalizes-crypto-hedge-fund
Why SWIFT transfers are more dangerous than you think
https://www.reddit.com/r/CryptoCurrency/comments/9etfth/the_us_government_and_others_can_seize_any/
The Bank of Russia Says Its ICO Experiment Was a Success
https://www.coindesk.com/the-bank-of-russia-says-its-ico-experiment-was-a-success/
Technical analysis
D1 time frame : https://www.tradingview.com/x/0Dvd1KRm/
On this chart we can see that BTC is testing very important area! This area was area of interest few times in the past! This time it is trying to hold out and so far it is holding! The candle formation on this time frame is bearish and it is pointing down but if we see sudden increase of buyers we can easily see bounce off! If we check buy/sell orders on Bitmex, we have more buy orders that are growing every day!
H4 time frame : https://www.tradingview.com/x/jHPUscvS/
Again and again, the price is still below mid bollinger band and that is bearish sign but on the other side it is struggling to close below low bollinger band! It has to close below in order to create downward momentum!
Long/Short ratio :http://prntscr.com/ktfy9b
This is very weird! On Bitfinex we have way more short positions and on Bitmex we have way more long positions so overall ratio is almost equal! This is best proof of no trade zone! The main question is who opened those positions! If big guys opened shorts, they will do everything they can to dump it and vice versa!
Bitcoin dominance is going up more and more and it is very close to cross 60%. Altcoin market is dropping more and more and it has to stop sooner or later! The main question is what will cause it from further drop? Last time it was pump in Bitcoin price!
We have a lot of weird signs at the moment! We are still thinking that Bitcoin has to drop at least to test 5800 because of weekly candle that was very bearish! But as long as we are without good entry point with good risk reward we will wait! Even if you miss first wave, there will always be another opportunity!
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
To your success, CS Team!
Cointelegraph
In an Apparent First, U.S. SEC Penalizes Crypto Hedge Fund
The SEC has issued a cease and desist order and a $200,000 fine to Crypto Asset Management for misrepresenting itself to investors.
It is September 13th, 2018
BTC dominance is currently at 57.0% (-0.8%). The total market cap is currently at $194.3 billion (+ $6.6 billion). The market volume of the last 24h was $11.7 billion (- $0.1 billion)
Fundamental analysis
Uber’s Largest Shareholder to Launch Cross-Carrier Mobile Payments Service Based on Blockchain and RCS
https://cointelegraph.com/news/ubers-largest-shareholder-to-launch-cross-carrier-mobile-payments-service-based-on-blockchain-and-rcs
Binance Partners With Malta to Launch Security Token Trading Platform
https://www.coindesk.com/binance-partners-with-malta-to-launch-security-token-trading-platform/
Technical analysis
D1 time frame : https://www.tradingview.com/x/YnC0pj58/
Bitcoin is testing EMA 8. As long as Bitcoin is below EMA 8 and 13 it is very bearish. It is bouncing off the support but it needs much more buyers in order to continue with its uptrend!
Long/Short ratio is at 50/50 so it doesnt help us too much this time!
H4 time frame : https://www.tradingview.com/x/qTAz0Dgt/
Bitcoin is going to touch our potential short entry area! We are going to watch for some triggers in this area! We were talking for few days about this area and as it was reached it is time to look for bearish sign!
Once we get the confirmation, we are going to share exact entry, stop loss and target points with you! 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
To your success, CS Team!
BTC dominance is currently at 57.0% (-0.8%). The total market cap is currently at $194.3 billion (+ $6.6 billion). The market volume of the last 24h was $11.7 billion (- $0.1 billion)
Fundamental analysis
Uber’s Largest Shareholder to Launch Cross-Carrier Mobile Payments Service Based on Blockchain and RCS
https://cointelegraph.com/news/ubers-largest-shareholder-to-launch-cross-carrier-mobile-payments-service-based-on-blockchain-and-rcs
Binance Partners With Malta to Launch Security Token Trading Platform
https://www.coindesk.com/binance-partners-with-malta-to-launch-security-token-trading-platform/
Technical analysis
D1 time frame : https://www.tradingview.com/x/YnC0pj58/
Bitcoin is testing EMA 8. As long as Bitcoin is below EMA 8 and 13 it is very bearish. It is bouncing off the support but it needs much more buyers in order to continue with its uptrend!
Long/Short ratio is at 50/50 so it doesnt help us too much this time!
H4 time frame : https://www.tradingview.com/x/qTAz0Dgt/
Bitcoin is going to touch our potential short entry area! We are going to watch for some triggers in this area! We were talking for few days about this area and as it was reached it is time to look for bearish sign!
Once we get the confirmation, we are going to share exact entry, stop loss and target points with you! 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
To your success, CS Team!
Cointelegraph
Uber’s Largest Shareholder to Launch Cross-Carrier Mobile Payments Service Based on Blockchain and RCS
SoftBank will enable global users to conduct international money transfers via RCS, SMS, or mobile email with a blockchain payment system.
It is September 14th, 2018
BTC dominance is currently at 56.3% (-0.7%). The total market cap is currently at $198.3 billion (+ $4 billion). The market volume of the last 24h was $14.3 billion (+ $2.6 billion).
Fundamental analysis
Galaxy Digital CEO Mike Novogratz Calls Crypto Price Bottom
https://cointelegraph.com/news/galaxy-digital-ceo-mike-novogratz-calls-crypto-price-bottom
BitPay CCO Predicts Altcoins to ‘Never Come Back,’ Bitcoin to ‘Rebound’ in 2019
https://cointelegraph.com/news/bitpay-cco-predicts-altcoins-to-never-come-back-bitcoin-to-rebound-in-2019
Today we decided to share 2 market predictions. What we suggest you is to read both! Not only these two but the rest too but create your own opinion after that because if you are following others, sooner or later you will end up holding something you don't even know when and why did you buy it!
Our opinion is that BTC is going to recover for sure! The majority of altcoins will die forever! Top100 will stay there but only projects with real purpose will stay alive! You have to know that you can make an altcoin in less than an hour and there a lot of coins like this. I couple of days you can make website and you have your own coin without any purpose! That's why we say that they will all die and only real project will stay alive!
Technical analysis
H4 time frame : https://www.tradingview.com/x/8l54sPK2/
Bears are back! After 2 days of slowly but steady growth, we saw bears in action! Bulls were able to defend mid bollinger band! We are now waiting for short trigger! Shorting now would be very risky and very bad risk to reward! Now we expect to see again slowly growth and if we get short triggers above 6500 we will short it and share with you! Yesterday we had small dump and if you followed our post you could make nice profit! (check yesterdays post where we suggested short around 6500 with stop loss above 6530 and price dropped to 6410 ). We do not have today these levels, that's why we are going to monitor the price action and share with youy once we get confirmation!
D1 time frame : https://www.tradingview.com/x/EfwqNgVV/
This is the reason why we are looking for shorts! Weekly is still very bearish! Daily is now after this candle turning into bearish! We have more than 12h before the close but with close around this price we will have very bearish daily! I expect to see ranging in this area tomorrow too! Then if we get short trigger it would be perfect swing entry!
Looking for confirmation! Once we get confirmation for swing, we are going to share with you! You got our ideas so you can scalp the market.
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
To your success, CS Team!
BTC dominance is currently at 56.3% (-0.7%). The total market cap is currently at $198.3 billion (+ $4 billion). The market volume of the last 24h was $14.3 billion (+ $2.6 billion).
Fundamental analysis
Galaxy Digital CEO Mike Novogratz Calls Crypto Price Bottom
https://cointelegraph.com/news/galaxy-digital-ceo-mike-novogratz-calls-crypto-price-bottom
BitPay CCO Predicts Altcoins to ‘Never Come Back,’ Bitcoin to ‘Rebound’ in 2019
https://cointelegraph.com/news/bitpay-cco-predicts-altcoins-to-never-come-back-bitcoin-to-rebound-in-2019
Today we decided to share 2 market predictions. What we suggest you is to read both! Not only these two but the rest too but create your own opinion after that because if you are following others, sooner or later you will end up holding something you don't even know when and why did you buy it!
Our opinion is that BTC is going to recover for sure! The majority of altcoins will die forever! Top100 will stay there but only projects with real purpose will stay alive! You have to know that you can make an altcoin in less than an hour and there a lot of coins like this. I couple of days you can make website and you have your own coin without any purpose! That's why we say that they will all die and only real project will stay alive!
Technical analysis
H4 time frame : https://www.tradingview.com/x/8l54sPK2/
Bears are back! After 2 days of slowly but steady growth, we saw bears in action! Bulls were able to defend mid bollinger band! We are now waiting for short trigger! Shorting now would be very risky and very bad risk to reward! Now we expect to see again slowly growth and if we get short triggers above 6500 we will short it and share with you! Yesterday we had small dump and if you followed our post you could make nice profit! (check yesterdays post where we suggested short around 6500 with stop loss above 6530 and price dropped to 6410 ). We do not have today these levels, that's why we are going to monitor the price action and share with youy once we get confirmation!
D1 time frame : https://www.tradingview.com/x/EfwqNgVV/
This is the reason why we are looking for shorts! Weekly is still very bearish! Daily is now after this candle turning into bearish! We have more than 12h before the close but with close around this price we will have very bearish daily! I expect to see ranging in this area tomorrow too! Then if we get short trigger it would be perfect swing entry!
Looking for confirmation! Once we get confirmation for swing, we are going to share with you! You got our ideas so you can scalp the market.
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
To your success, CS Team!
Cointelegraph
Galaxy Digital CEO Mike Novogratz Calls Crypto Price Bottom
Galaxy Digital CEO Mike Novogratz said cryptocurrency prices have found a bottom, noting that “markets like to retrace to the breakout.”
It is September 15th, 2018
BTC dominance is currently at 55.6% (-0.7%). The total market cap is currently at $202.7 billion (+ $4.4 billion). The market volume of the last 24h was $11.2 billion (- $3.1 billion).
Fundamental analysis
Tim Draper Predicts Total Crypto Market Cap of $80 Trillion in Next 15 Years
https://cointelegraph.com/news/tim-draper-predicts-total-crypto-market-cap-of-80-trillion-in-next-15-years
Mining Gold Requires 20x the Energy of Bitcoin Mining
https://www.ccn.com/mining-gold-requires-20x-the-energy-of-bitcoin-mining/
Ether Records Highest Daily Trading Volume in 12 Months
https://www.coindesk.com/ether-records-highest-daily-trading-volume-in-12-months/
Bitcoin Hit $20k in 2017 Without Institutions, What’s Next in 2019?
https://www.newsbtc.com/2018/09/15/bitcoin-hit-20k-in-2017-without-institutions-whats-next-in-2019/
Technical analysis
D1 time frame : https://www.tradingview.com/x/VKAaFZHg/
Yesterday's daily candle closed as we expected and turned daily TF bearish! Now, because of H4 and lower time frames we think that today we need to see something similar to form and from tomorrow we can expect to see downtrend that could be just a short-term correction or the beginning of the last sell off in Bitcoin before bull run.
We need to see similar close like yesterday for this prediction to happen. If we see strong close above 6600 on daily TF then our bearish set up will be invalidated!
H4 time frame : https://www.tradingview.com/x/SsyJfGn8/
This is the time frame too look for entries! If we see close above top bollinger band, the uptrend will stay alive and we will not enter the short position! On the other side, we we see just shadow above top bollinger band but not the close, it is time to look for other signs and enter short position if we get fonrimation!
We are still looking for swing entry! We are doing just small scalps that are atargeting $30-50 moves. For swing we need confirmation on higher time frames! After daily TF turned bearish, we should focus to look for bearish signs on lower time frame for confirmation!
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
To your success, CS Team!
BTC dominance is currently at 55.6% (-0.7%). The total market cap is currently at $202.7 billion (+ $4.4 billion). The market volume of the last 24h was $11.2 billion (- $3.1 billion).
Fundamental analysis
Tim Draper Predicts Total Crypto Market Cap of $80 Trillion in Next 15 Years
https://cointelegraph.com/news/tim-draper-predicts-total-crypto-market-cap-of-80-trillion-in-next-15-years
Mining Gold Requires 20x the Energy of Bitcoin Mining
https://www.ccn.com/mining-gold-requires-20x-the-energy-of-bitcoin-mining/
Ether Records Highest Daily Trading Volume in 12 Months
https://www.coindesk.com/ether-records-highest-daily-trading-volume-in-12-months/
Bitcoin Hit $20k in 2017 Without Institutions, What’s Next in 2019?
https://www.newsbtc.com/2018/09/15/bitcoin-hit-20k-in-2017-without-institutions-whats-next-in-2019/
Technical analysis
D1 time frame : https://www.tradingview.com/x/VKAaFZHg/
Yesterday's daily candle closed as we expected and turned daily TF bearish! Now, because of H4 and lower time frames we think that today we need to see something similar to form and from tomorrow we can expect to see downtrend that could be just a short-term correction or the beginning of the last sell off in Bitcoin before bull run.
We need to see similar close like yesterday for this prediction to happen. If we see strong close above 6600 on daily TF then our bearish set up will be invalidated!
H4 time frame : https://www.tradingview.com/x/SsyJfGn8/
This is the time frame too look for entries! If we see close above top bollinger band, the uptrend will stay alive and we will not enter the short position! On the other side, we we see just shadow above top bollinger band but not the close, it is time to look for other signs and enter short position if we get fonrimation!
We are still looking for swing entry! We are doing just small scalps that are atargeting $30-50 moves. For swing we need confirmation on higher time frames! After daily TF turned bearish, we should focus to look for bearish signs on lower time frame for confirmation!
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
To your success, CS Team!
Cointelegraph
Tim Draper Predicts Total Crypto Market Cap of $80 Trillion in Next 15 Years
Billionaire investor Tim Draper has forecasted that total crypto market capitalization will reach $80 trillion in the next 15 years.
It is September 16th, 2018
BTC dominance is currently at 55.8% (+0.2%). The total market cap is currently at $200.6 billion (- $2.1 billion). The market volume of the last 24h was $10.6 billion (- $0.6 billion).
Fundamental analysis
Irrational Exuberance Revisited: Is Crypto The New Dot-Com Bubble?
https://cointelegraph.com/news/irrational-exuberance-revisited-is-crypto-the-new-dot-com-bubble
Very useful article about bubbles! It is time for crypto community to learn more about this phenomena. What is actually bubble and what are the consequences? Is that something positive or negative in long term view? Check it out on the post above!
Technical analysis
D1 time frame : https://www.tradingview.com/x/oxuokvPZ/
Forth day in a row the red area is not letting BTC to break it! As we mentioned yesterday the drop may happen and it did happen! It started from our area where we were looking for short entry!
Now, after 2 days of very good short area, we are in no trade zone because currently daily looks very tricky! It could turn bullish or bearish easily so we wont try to guess anything! We are looking for confirmation! Our team think that BTC has solid chance to reach mid bollinger band on D1 TF that is currently at the same price with EMA 50 ( 6700). It is the area where we will look for big swing short position! Everything else is currently mostly small swings or scalps!
Currently daily candle is more bearish than bullish but because of yestetrday daily close that was more bullish than bearish we are not going to short it until we get confirmation on H4 and H1.
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
To your success, CS Team!
BTC dominance is currently at 55.8% (+0.2%). The total market cap is currently at $200.6 billion (- $2.1 billion). The market volume of the last 24h was $10.6 billion (- $0.6 billion).
Fundamental analysis
Irrational Exuberance Revisited: Is Crypto The New Dot-Com Bubble?
https://cointelegraph.com/news/irrational-exuberance-revisited-is-crypto-the-new-dot-com-bubble
Very useful article about bubbles! It is time for crypto community to learn more about this phenomena. What is actually bubble and what are the consequences? Is that something positive or negative in long term view? Check it out on the post above!
Technical analysis
D1 time frame : https://www.tradingview.com/x/oxuokvPZ/
Forth day in a row the red area is not letting BTC to break it! As we mentioned yesterday the drop may happen and it did happen! It started from our area where we were looking for short entry!
Now, after 2 days of very good short area, we are in no trade zone because currently daily looks very tricky! It could turn bullish or bearish easily so we wont try to guess anything! We are looking for confirmation! Our team think that BTC has solid chance to reach mid bollinger band on D1 TF that is currently at the same price with EMA 50 ( 6700). It is the area where we will look for big swing short position! Everything else is currently mostly small swings or scalps!
Currently daily candle is more bearish than bullish but because of yestetrday daily close that was more bullish than bearish we are not going to short it until we get confirmation on H4 and H1.
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
To your success, CS Team!
Cointelegraph
Irrational Exuberance Revisited: Is Crypto The New Dot-Com Bubble?
And should we even focus on ‘bubble or not’ that much?
It is September 17th, 2018
BTC dominance is currently at 55.4% (-0.4%). The total market cap is currently at $202.8 billion (+ $2.2 billion). The market volume of the last 24h was $10 billion (- $0.6 billion).
Fundamental analysis
This Dormant $720 Million Bitcoin Wallet Has Woken Up – But Who Owns It?
https://www.ccn.com/dormant-720-million-bitcoin-wallet-owner/
Ethereum Co-Founder Invested in Bitcoin at $1 in 2011, What’s Changed?
https://www.ccn.com/ethereum-co-founder-invested-in-bitcoin-at-1-in-2011-whats-changed/
Weekly market recap
https://cointelegraph.com/news/hodlers-digest-september-9-16-sec-heightens-crypto-crackdown-while-us-court-ruling-marks-cryptos-as-securities
We suggest you to read all three articles, especially third one that will give you weekly recap on crypto market! The week behind us was full of price prediction articles and it will be great to reread them all in once and get overall market opinion!
We would like to point out the quote by Vitalik Buterin:
“If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore,”
Technical analysis
D1 time frame : https://www.tradingview.com/x/6BRE7oYk/
The same situation last few days! We have both bullish and bearish signs! The fact that we would like to point out is that we had 2 days in a row with the lowest volume in the last 2 months! Why is that important?
Well, when you have low volume it means that you can easily manipulate market with a little increase in buy or sell power! There are two possibilities, it will go up or it will go down so someone may think I can go long or short with tight stop loss and I have 50% chances to be right! Yeah, you have 50% chances for uptrend to happen and 50% for downtrend! But, if you are using tight stop loss, you have let's say 50% chances for stop loss to be reached and 50% to be mised. So, your chances to end up in profit are not 50% but 25% (50% of 50% = 25%). Why would you enter this trade with terrible chances to end up in profit? After few days of volume, we can easily see one candle that will go up or down $150-200 and then go in another direction for $300-400 and close around opening point! The purpose of this candle is to fill out all tight stop losses and to create market that is easier for them manipulate.
So, as long as we are ranging in this period, it is big NO TRADE zone for our team! If we get positive news about ETF or any other major news, price will go easily to $7000 and above. If we get some FUD, we will easily revisit $6000 area. If you miss first wave, it doesnt mean that you missed whole move. You can reenter on pullback and end up with more than 75% chances to be in profit!
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
To your success, CS Team!
BTC dominance is currently at 55.4% (-0.4%). The total market cap is currently at $202.8 billion (+ $2.2 billion). The market volume of the last 24h was $10 billion (- $0.6 billion).
Fundamental analysis
This Dormant $720 Million Bitcoin Wallet Has Woken Up – But Who Owns It?
https://www.ccn.com/dormant-720-million-bitcoin-wallet-owner/
Ethereum Co-Founder Invested in Bitcoin at $1 in 2011, What’s Changed?
https://www.ccn.com/ethereum-co-founder-invested-in-bitcoin-at-1-in-2011-whats-changed/
Weekly market recap
https://cointelegraph.com/news/hodlers-digest-september-9-16-sec-heightens-crypto-crackdown-while-us-court-ruling-marks-cryptos-as-securities
We suggest you to read all three articles, especially third one that will give you weekly recap on crypto market! The week behind us was full of price prediction articles and it will be great to reread them all in once and get overall market opinion!
We would like to point out the quote by Vitalik Buterin:
“If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore,”
Technical analysis
D1 time frame : https://www.tradingview.com/x/6BRE7oYk/
The same situation last few days! We have both bullish and bearish signs! The fact that we would like to point out is that we had 2 days in a row with the lowest volume in the last 2 months! Why is that important?
Well, when you have low volume it means that you can easily manipulate market with a little increase in buy or sell power! There are two possibilities, it will go up or it will go down so someone may think I can go long or short with tight stop loss and I have 50% chances to be right! Yeah, you have 50% chances for uptrend to happen and 50% for downtrend! But, if you are using tight stop loss, you have let's say 50% chances for stop loss to be reached and 50% to be mised. So, your chances to end up in profit are not 50% but 25% (50% of 50% = 25%). Why would you enter this trade with terrible chances to end up in profit? After few days of volume, we can easily see one candle that will go up or down $150-200 and then go in another direction for $300-400 and close around opening point! The purpose of this candle is to fill out all tight stop losses and to create market that is easier for them manipulate.
So, as long as we are ranging in this period, it is big NO TRADE zone for our team! If we get positive news about ETF or any other major news, price will go easily to $7000 and above. If we get some FUD, we will easily revisit $6000 area. If you miss first wave, it doesnt mean that you missed whole move. You can reenter on pullback and end up with more than 75% chances to be in profit!
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
To your success, CS Team!
CCN
This Dormant $720 Million Bitcoin Wallet Has Woken Up – But Who Owns It?
A $720 million bitcoin whale has woken up after four years, with $100 million moved to Bitfinex and Binance over the course of ten days at the end of August.
It is September 18th, 2018
BTC dominance is currently 55.1% (-0.3%). The total market cap is currnetly at $199.9 billion (- $2.9 billion). The market volume of the last 24h was $13.4 billion (+ $3.4 billion).
The market moved finally and we only hope it will keep this volatility because for fearless trader that is managing his risk, the volatility is the best and only thing you need to make constant profit!
Fundamental analysis
SEC's Chief Accountant: Firms With Digital Assets Still Need to Keep Their Books in Order
https://cointelegraph.com/news/secs-chief-accountant-firms-with-digital-assets-still-need-to-keep-their-books-in-order
Dubai Police Warns Against Crypto Scams, Predicts Electronic Money Will Replace Cash
https://www.ccn.com/dubai-police-warns-against-crypto-scams-predicts-replacement-of-cash-with-electronic-money/
Alibaba's Jack Ma: Blockchain Will Be 'Meaningless' Unless It Helps Build Greener Future
https://cointelegraph.com/news/alibabas-jack-ma-blockchain-will-be-meaningless-unless-it-helps-build-greener-future
Technical analysis
Weekly time frame : https://www.tradingview.com/x/ClnvLTCS/
After weekly close, we still have equal chances for both uptrend and downtrend! The fact is that Bitcoin is creating lower highs but struggling to creat lower lows so on weekly we have one triangle that is coming to its end and breakout could be the beginning of the big move!
Our team wont try to guess anything, we are trading on cofnrimation! First target on this time frame for potential uptrend are 8200 and 10000. The targets for potential drop are 5000 and 4600. What ever the outcome of this battle is going to be, this is big accumulation for upcoming bull run! Even if we drop to reach short targets, it could make them 20% profit in the best scenario * leverage! While on the other side, targets for potential uptrend could make them much bigger profit and with huge room for potential growth!
H4 time frame : https://www.tradingview.com/x/OfWSlQSj/
H4 created downward momentum by closing below low bollinger band but this bounce off and low volume on drop are not confirming the strength of the bears!
We have very important update for you tomorrow! Make sure you read that update to get informed about our future plans!
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
To your success, CS Team!
BTC dominance is currently 55.1% (-0.3%). The total market cap is currnetly at $199.9 billion (- $2.9 billion). The market volume of the last 24h was $13.4 billion (+ $3.4 billion).
The market moved finally and we only hope it will keep this volatility because for fearless trader that is managing his risk, the volatility is the best and only thing you need to make constant profit!
Fundamental analysis
SEC's Chief Accountant: Firms With Digital Assets Still Need to Keep Their Books in Order
https://cointelegraph.com/news/secs-chief-accountant-firms-with-digital-assets-still-need-to-keep-their-books-in-order
Dubai Police Warns Against Crypto Scams, Predicts Electronic Money Will Replace Cash
https://www.ccn.com/dubai-police-warns-against-crypto-scams-predicts-replacement-of-cash-with-electronic-money/
Alibaba's Jack Ma: Blockchain Will Be 'Meaningless' Unless It Helps Build Greener Future
https://cointelegraph.com/news/alibabas-jack-ma-blockchain-will-be-meaningless-unless-it-helps-build-greener-future
Technical analysis
Weekly time frame : https://www.tradingview.com/x/ClnvLTCS/
After weekly close, we still have equal chances for both uptrend and downtrend! The fact is that Bitcoin is creating lower highs but struggling to creat lower lows so on weekly we have one triangle that is coming to its end and breakout could be the beginning of the big move!
Our team wont try to guess anything, we are trading on cofnrimation! First target on this time frame for potential uptrend are 8200 and 10000. The targets for potential drop are 5000 and 4600. What ever the outcome of this battle is going to be, this is big accumulation for upcoming bull run! Even if we drop to reach short targets, it could make them 20% profit in the best scenario * leverage! While on the other side, targets for potential uptrend could make them much bigger profit and with huge room for potential growth!
H4 time frame : https://www.tradingview.com/x/OfWSlQSj/
H4 created downward momentum by closing below low bollinger band but this bounce off and low volume on drop are not confirming the strength of the bears!
We have very important update for you tomorrow! Make sure you read that update to get informed about our future plans!
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
To your success, CS Team!
Cointelegraph
SEC's Chief Accountant: Firms With Digital Assets Still Need to Keep Their Books in Order
The chief accountant for the U.S. SEC says that digital assets and blockchain do not change the “fundamental responsibility” to do financial reporting.
It is september 19th, 2018
BTC dominance is currently 55.0% (-0.1%). The total market cap is currently at $199.8 billion (- $0.1 billion). The market volume of the last 24h was $13 billion (- $0.4 billion).
Fundamental analysis
UK Treasury Committee Calls for End to ‘Wild West Situation’ in Crypto Market
https://cointelegraph.com/news/uk-treasury-committee-calls-for-end-to-wild-west-situation-in-crypto-market
US Market Crash Expected as Household Income Explodes, Will Millennials Flock to Bitcoin?
https://www.ccn.com/us-market-crash-expected-as-household-income-explodes-will-millennials-flock-to-bitcoin/
Report: Majority of Circulating Bitcoins Stored in Investment Wallets
https://cointelegraph.com/news/report-majority-of-circulating-bitcoins-stored-in-investment-wallets
Technical analysis
Daily time frame: https://www.tradingview.com/x/ZWTz9OGe/
Bitcoin is currently below all important dinamic resistances ( EMA 8, 13, 21, 50 and mid bollinger band). Because of that, we are looking only short short opportunities!
H4 time frame : https://www.tradingview.com/x/6nX2VxtO/
EMA 21, 50 and mid bollinger band are holding Bitcoin below and it is the area to look for short entry!
H1 time frame : https://www.tradingview.com/x/qEuXyOfz/
Close below this red box would be good sign and we can say confirmation for short setup!
As we are talking here only about swings, in order this set up does happen, stop loss is above recent high (6385).
Every short swing trade at the moment is first targeting low bollinger band on H4 (currently it is at 6180) and if we see close below that area, we have momentum for next target that is at the low bollinger band on daily time frame (currently at 5850)!
As the number of short/long positions is almost equal, number of sell orders is a little bit higher, we do not have any major wall or potential short squeeze so we need to wait for confirmation (mentioned above what will be confirmation) and trat's it!
The risk reward is good for this trade (for first target it is not that good but for 2nd one it looks very good)!
Please remember to use Bitmex calculator made by one of our paid members to calculate the position size to fits your risk limit!
Link to the calculator: https://bitmex-calculator.firebaseapp.com/#/
If you want to make living from trading then you will never risk more than 3% of your account on a single trade! Short term profit is luck, long term profit is made by consistency and right trading plan! Kepp that in mind!
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
To your success, CS Team!
BTC dominance is currently 55.0% (-0.1%). The total market cap is currently at $199.8 billion (- $0.1 billion). The market volume of the last 24h was $13 billion (- $0.4 billion).
Fundamental analysis
UK Treasury Committee Calls for End to ‘Wild West Situation’ in Crypto Market
https://cointelegraph.com/news/uk-treasury-committee-calls-for-end-to-wild-west-situation-in-crypto-market
US Market Crash Expected as Household Income Explodes, Will Millennials Flock to Bitcoin?
https://www.ccn.com/us-market-crash-expected-as-household-income-explodes-will-millennials-flock-to-bitcoin/
Report: Majority of Circulating Bitcoins Stored in Investment Wallets
https://cointelegraph.com/news/report-majority-of-circulating-bitcoins-stored-in-investment-wallets
Technical analysis
Daily time frame: https://www.tradingview.com/x/ZWTz9OGe/
Bitcoin is currently below all important dinamic resistances ( EMA 8, 13, 21, 50 and mid bollinger band). Because of that, we are looking only short short opportunities!
H4 time frame : https://www.tradingview.com/x/6nX2VxtO/
EMA 21, 50 and mid bollinger band are holding Bitcoin below and it is the area to look for short entry!
H1 time frame : https://www.tradingview.com/x/qEuXyOfz/
Close below this red box would be good sign and we can say confirmation for short setup!
As we are talking here only about swings, in order this set up does happen, stop loss is above recent high (6385).
Every short swing trade at the moment is first targeting low bollinger band on H4 (currently it is at 6180) and if we see close below that area, we have momentum for next target that is at the low bollinger band on daily time frame (currently at 5850)!
As the number of short/long positions is almost equal, number of sell orders is a little bit higher, we do not have any major wall or potential short squeeze so we need to wait for confirmation (mentioned above what will be confirmation) and trat's it!
The risk reward is good for this trade (for first target it is not that good but for 2nd one it looks very good)!
Please remember to use Bitmex calculator made by one of our paid members to calculate the position size to fits your risk limit!
Link to the calculator: https://bitmex-calculator.firebaseapp.com/#/
If you want to make living from trading then you will never risk more than 3% of your account on a single trade! Short term profit is luck, long term profit is made by consistency and right trading plan! Kepp that in mind!
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
To your success, CS Team!
Cointelegraph
UK Treasury Committee Calls for End to ‘Wild West Situation’ in Crypto Market
The U.K. Treasury Committee has called for the expansion of cryptocurrency regulations in the country, citing concerns over investor protection and money laundering.
It is September 20th, 2018
BTC dominance is currently at 55.4% (+0.4%). The total market cap is currently at $200 billion (+ $0.2 billion). The market cap of the last 24h was $12.4 billion (- $0.6 billion).
Manipulators are back?
They are always there and waiting for best moment to take action! In yesterday's post, we mentioned 2 short targets (low bollinger band H4 (6180) and low boolinger band D1 (5850). The first target was reached and if you were in trade, it was nice profit for you! After first target was reached, it dropped $130 more and then big bounce off did happen. If you were short and didn't close some part of the position or whole position after $300 drop, you were nothing but greedy! Now we have daily candle that is not going to help us too much to identify next move! In technical section below we will try to give you our opinion based on other time frames and indicators that we are using!
Fundamental analysis
Japanese Cryptocurrency Exchange Hacked, $59 Million in Losses Reported
https://cointelegraph.com/news/japanese-cryptocurrency-exchange-hacked-59-million-in-losses-reported
NY Crypto Exchange Report Bearish for Bitcoin ETF Plans
https://www.ccn.com/ny-crypto-exchange-report-bearish-for-bitcoin-etf-plans/
Summer Is Ending: Will Ethereum’s ERC-20 Pass the Governance to ERC-777?
https://cointelegraph.com/news/summer-is-ending-will-ethereums-erc-20-pass-the-governance-to-erc-777
Technical analysis
Daily time frame : https://www.tradingview.com/x/kLQvwwpw/
It tested all 3 EMAs ( EMA 8,13 and 21) and mid bollinger band but got rejected and closed below all 4 lines! If you remeber our post from yesterday, as long as we are below EMA 8, we are very bearish! If we close above EMA 21, we can starti thinking of longs with target on EMA 50. In area between EMA 8 and EMA 21 we have no trade zone for swings and only scalps are recommended!
H4 time frame : https://www.tradingview.com/x/Fbx98UKN/
On this chart you can see everything clearly! The price is currently above mid bollinger but still rejected by EMA 50. For long entry, we need close above EMA 50 and we need to search for long trigger on pullback!
For short entries, we need to wait for close below mid bollinger band and to look for triggers on pullback! Another area to look for short is top bollinger band! If it makes shadow but not the close above top bollinger band, it is time to think of shorting!
Long/Short ratio : http://prntscr.com/kwhu67
While others are talking only about big number of short on Bitfinex but they forgot main margin exchange, Bitmex! If you check this screenshot, you will see that the number of short/long is almost the same!
The buy/sell walls are same too! Not only in +$100/-$100 from current price but also +$1000/-$1000. So, currently we may see both directions and that's why we mentioned both possible situation! Now it is time to wait for triggers and enter the trade!
Note: Check out this chart: https://www.tradingview.com/x/reevEFOM
We do not have actual trend so entering the trade is not suggested! The fakeouts, bounce offs are possible and in case of volume manipulation you can end up in loss even if you have stop loss in profit! Our team is waiting for breakout from this channel to enter the trade! We will look for triggers on top/bottom of the channel but entering the trading in the middle of the channel could be extremelly risky! When it is no trade zone, take a break and do something else that will be useful! You do not need to trade every single day! The goal is to make profit, not to open a trade! If risk of making the profit is bigger than the reward, I'll rather skip the trade and wait for another opportunity!
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
To your success, CS Team!
BTC dominance is currently at 55.4% (+0.4%). The total market cap is currently at $200 billion (+ $0.2 billion). The market cap of the last 24h was $12.4 billion (- $0.6 billion).
Manipulators are back?
They are always there and waiting for best moment to take action! In yesterday's post, we mentioned 2 short targets (low bollinger band H4 (6180) and low boolinger band D1 (5850). The first target was reached and if you were in trade, it was nice profit for you! After first target was reached, it dropped $130 more and then big bounce off did happen. If you were short and didn't close some part of the position or whole position after $300 drop, you were nothing but greedy! Now we have daily candle that is not going to help us too much to identify next move! In technical section below we will try to give you our opinion based on other time frames and indicators that we are using!
Fundamental analysis
Japanese Cryptocurrency Exchange Hacked, $59 Million in Losses Reported
https://cointelegraph.com/news/japanese-cryptocurrency-exchange-hacked-59-million-in-losses-reported
NY Crypto Exchange Report Bearish for Bitcoin ETF Plans
https://www.ccn.com/ny-crypto-exchange-report-bearish-for-bitcoin-etf-plans/
Summer Is Ending: Will Ethereum’s ERC-20 Pass the Governance to ERC-777?
https://cointelegraph.com/news/summer-is-ending-will-ethereums-erc-20-pass-the-governance-to-erc-777
Technical analysis
Daily time frame : https://www.tradingview.com/x/kLQvwwpw/
It tested all 3 EMAs ( EMA 8,13 and 21) and mid bollinger band but got rejected and closed below all 4 lines! If you remeber our post from yesterday, as long as we are below EMA 8, we are very bearish! If we close above EMA 21, we can starti thinking of longs with target on EMA 50. In area between EMA 8 and EMA 21 we have no trade zone for swings and only scalps are recommended!
H4 time frame : https://www.tradingview.com/x/Fbx98UKN/
On this chart you can see everything clearly! The price is currently above mid bollinger but still rejected by EMA 50. For long entry, we need close above EMA 50 and we need to search for long trigger on pullback!
For short entries, we need to wait for close below mid bollinger band and to look for triggers on pullback! Another area to look for short is top bollinger band! If it makes shadow but not the close above top bollinger band, it is time to think of shorting!
Long/Short ratio : http://prntscr.com/kwhu67
While others are talking only about big number of short on Bitfinex but they forgot main margin exchange, Bitmex! If you check this screenshot, you will see that the number of short/long is almost the same!
The buy/sell walls are same too! Not only in +$100/-$100 from current price but also +$1000/-$1000. So, currently we may see both directions and that's why we mentioned both possible situation! Now it is time to wait for triggers and enter the trade!
Note: Check out this chart: https://www.tradingview.com/x/reevEFOM
We do not have actual trend so entering the trade is not suggested! The fakeouts, bounce offs are possible and in case of volume manipulation you can end up in loss even if you have stop loss in profit! Our team is waiting for breakout from this channel to enter the trade! We will look for triggers on top/bottom of the channel but entering the trading in the middle of the channel could be extremelly risky! When it is no trade zone, take a break and do something else that will be useful! You do not need to trade every single day! The goal is to make profit, not to open a trade! If risk of making the profit is bigger than the reward, I'll rather skip the trade and wait for another opportunity!
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
To your success, CS Team!
Cointelegraph
Japanese Cryptocurrency Exchange Hacked, $59 Million in Losses Reported
Japanese cryptocurrency exchange Zaif has discovered that a security breach on September 14 led to the loss of $59 million worth of cryptocurrency.
Last week, statements from Binance CEO Changpeng Zhao (aka CZ) and Ethereum co-creator Vitalik Buterin led the community to speculate on the possibility of the crypto market achieving a 1,000 return in value in the long-term.
Our opinion is that in near future (3-5 years) growth to $20 trillion is possible but not $200 trillion at least in the near future!
But it doesn’t mean that crypto is not profitable investment. It is one of the best investment you can make knowing that if we reach $2 trillion it will be 10X and in the world of investment it is amazing return on investment!
https://cointelegraph.com/news/can-crypto-record-a-1-000x-return-and-reach-200-trillion-market-cap
Our opinion is that in near future (3-5 years) growth to $20 trillion is possible but not $200 trillion at least in the near future!
But it doesn’t mean that crypto is not profitable investment. It is one of the best investment you can make knowing that if we reach $2 trillion it will be 10X and in the world of investment it is amazing return on investment!
https://cointelegraph.com/news/can-crypto-record-a-1-000x-return-and-reach-200-trillion-market-cap
Cointelegraph
Can Crypto Record a 1,000x Return and Reach $200 Trillion Market Cap?
Experts argue on the possibility of the valuation of the crypto market reaching $200 trillion in the long-term
It is September 21th, 2018
BTC dominance is currently at 53.2% (-1.3%). The total market cap is currently at $213.3 billion (+ $13.3 billion). The market volume of the last 24h was $15.0 billion (+ $2.6 billion).
Fundamental analysis
US SEC Asks for Further Comment Regarding VanEck Bitcoin ETF
https://cointelegraph.com/news/us-sec-asks-for-further-comment-regarding-vaneck-bitcoin-etf
How the Recent $60 Million Crypto Hacking Attack Will Impact Japanese Market
https://www.ccn.com/how-the-recent-60-million-crypto-hacking-attack-will-impact-japanese-market/
Technical analysis
Daily time frame : https://www.tradingview.com/x/xADUWEVa/
Bitcoin is currently testing a lot ot important areas. Firstly, it is testing mid bollinger band! Then it is testing EMA 21, horizontal line on RSI, MACD is trying to crossover. It requires big buy power to break all these resistances!
We are going to cover H4 and H1 time frame and then share our overal opinion what could be the next move!
H4 time frame : https://www.tradingview.com/x/4VTtnSq3/
It is currently testing resistance but considering this close above top bollinger band, it is not time to go with big short position! The daily candle is just opened and we have 5 more 4h candles to be closed today so we need to wait for bearish sign on H4! It would be shadow on top bollinger band! So far it is not bearish because of this close but because of low volume it has chance to form great bearish signs in upcoming candles!
H1 time frame : https://www.tradingview.com/x/XTZQCLQE/
Check this chart for the area where we will look for short entry if we get confirmation!
After ETF is postponed, we can consider that both bullish and bearish! Bullish because it has chance to be accepted next time and bearish because it is not accepted this time! Currently Bitcoin is in no trade zone! We shared with you what should happen for short entry! In paid group we will share for long because it has chance to break the resistance so long could be an option too! Currently we think that short is better option because of big number of long positions! We have 63% long positions and 37% short positions! It is big difference and some sudden drop may easily happen!
The CME expiration is coming so as we mentioned few times we have almost equal chances for both uptrend and downtrend and we have to look for trades with confirmation!
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
To your success, CS Team!
BTC dominance is currently at 53.2% (-1.3%). The total market cap is currently at $213.3 billion (+ $13.3 billion). The market volume of the last 24h was $15.0 billion (+ $2.6 billion).
Fundamental analysis
US SEC Asks for Further Comment Regarding VanEck Bitcoin ETF
https://cointelegraph.com/news/us-sec-asks-for-further-comment-regarding-vaneck-bitcoin-etf
How the Recent $60 Million Crypto Hacking Attack Will Impact Japanese Market
https://www.ccn.com/how-the-recent-60-million-crypto-hacking-attack-will-impact-japanese-market/
Technical analysis
Daily time frame : https://www.tradingview.com/x/xADUWEVa/
Bitcoin is currently testing a lot ot important areas. Firstly, it is testing mid bollinger band! Then it is testing EMA 21, horizontal line on RSI, MACD is trying to crossover. It requires big buy power to break all these resistances!
We are going to cover H4 and H1 time frame and then share our overal opinion what could be the next move!
H4 time frame : https://www.tradingview.com/x/4VTtnSq3/
It is currently testing resistance but considering this close above top bollinger band, it is not time to go with big short position! The daily candle is just opened and we have 5 more 4h candles to be closed today so we need to wait for bearish sign on H4! It would be shadow on top bollinger band! So far it is not bearish because of this close but because of low volume it has chance to form great bearish signs in upcoming candles!
H1 time frame : https://www.tradingview.com/x/XTZQCLQE/
Check this chart for the area where we will look for short entry if we get confirmation!
After ETF is postponed, we can consider that both bullish and bearish! Bullish because it has chance to be accepted next time and bearish because it is not accepted this time! Currently Bitcoin is in no trade zone! We shared with you what should happen for short entry! In paid group we will share for long because it has chance to break the resistance so long could be an option too! Currently we think that short is better option because of big number of long positions! We have 63% long positions and 37% short positions! It is big difference and some sudden drop may easily happen!
The CME expiration is coming so as we mentioned few times we have almost equal chances for both uptrend and downtrend and we have to look for trades with confirmation!
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
To your success, CS Team!
Cointelegraph
US SEC Asks for Further Comment Regarding VanEck Bitcoin ETF
The U.S. SEC has requested additional comments regarding a Bitcoin ETF filing by investment firm VanEck and financial services company SolidX.
As the any of short triggers didn't happen, price went up! We had long trigger twice! First time close above top bb m15 and confirmation close above topbb h1! We went long on 6630 and made nice profit on this move up!
The move was followed by solid volume so it has great chances to go up even more but it has to stay above channel (6600) and close above mid bb on daily time frame!
Some consolidation at the moment, looking for scalp trigger! Currently looking only for long triggers to ride the wave up!
The move was followed by solid volume so it has great chances to go up even more but it has to stay above channel (6600) and close above mid bb on daily time frame!
Some consolidation at the moment, looking for scalp trigger! Currently looking only for long triggers to ride the wave up!
Altcoin Ripple (XRP), which has seen an explosive amount of growth over the past week, has overtaken Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap.
As of press time, Ripple has a listed market cap of around $26 billion, while Ethereum — now in third on CoinMarketCap — has around $23 billion in market cap. Bitcoin (BTC) is still ranked number one, with a market cap of around $115 billion.
Ripple has seen unprecedented 140 percent growth on the week, up almost 80 percent on the day alone, to trade at around $0.65 by press time.
https://cointelegraph.com/news/ripple-passes-ethereum-to-claim-number-two-ranking-on-coinmarketcap
As of press time, Ripple has a listed market cap of around $26 billion, while Ethereum — now in third on CoinMarketCap — has around $23 billion in market cap. Bitcoin (BTC) is still ranked number one, with a market cap of around $115 billion.
Ripple has seen unprecedented 140 percent growth on the week, up almost 80 percent on the day alone, to trade at around $0.65 by press time.
https://cointelegraph.com/news/ripple-passes-ethereum-to-claim-number-two-ranking-on-coinmarketcap
Cointelegraph
Ripple Passes Ethereum to Claim Number Two Ranking on CoinMarketCap
Altcoin Ripple has seen daily growth of around 140 percent to overtake Ethereum in market cap rankings on CoinMarketCap.
It is September 22nd, 2018
BTC dominance is currently at 52.5% (-0.7%). The total market cap is currently at $222.6 billion (+ $9.3 billion). The market volume of the last 24h was $24 billion (+ $9.0 billion).
Fundamental analysis
Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum
https://cointelegraph.com/news/largest-brazilian-brokerage-to-launch-exchange-for-bitcoin-and-ethereum
Bitcoin ‘Seller Fatigue’ Means Market Has Bottomed, Michael Novogratz Tells Yahoo
https://cointelegraph.com/news/bitcoin-seller-fatigue-means-market-has-bottomed-michael-novogratz-tells-yahoo
U.S. Lawmaker Introduces 3 Pro-Cryptocurrency Bills to Congress
https://www.ccn.com/u-s-lawmaker-introduces-3-pro-cryptocurrency-bills-to-congress/
Technical analysis
Daily time frame : https://www.tradingview.com/x/PqzpFMEs/
We got what we waited for! The close above all dinamic resistances (EMA 13, 21, 50 and mid bollinger band). MACD turned bullish, RSI is going up and it is time to wait for pullback on lower time frames for long entry! After thjis breakout it is at least expected to test local high that was reached yesterday!
H4 time frame : https://www.tradingview.com/x/1PtIjCM9/
These are 2 areas we are going to look for long entries! The higher area could be just short-term support that can gives us chance for scalping! The lower area is the area we are going to look for swing long entries! If we get shadow on that area, without close above, with bullish patterns on m15 and h1, we are going to open swing long with target at least at yesterdays high!
In case of closing below this area, then we are going to recheck our analysis and see if we have short triggers but I would avoid shorting without some FUD! Currently the market is very positive so it doesnt make any sense to look for swing short! Short could be considered only as a scalp until we reach area around 6900-7100 where we may get some swing short triggers!
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
To your success, CS Team!
BTC dominance is currently at 52.5% (-0.7%). The total market cap is currently at $222.6 billion (+ $9.3 billion). The market volume of the last 24h was $24 billion (+ $9.0 billion).
Fundamental analysis
Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum
https://cointelegraph.com/news/largest-brazilian-brokerage-to-launch-exchange-for-bitcoin-and-ethereum
Bitcoin ‘Seller Fatigue’ Means Market Has Bottomed, Michael Novogratz Tells Yahoo
https://cointelegraph.com/news/bitcoin-seller-fatigue-means-market-has-bottomed-michael-novogratz-tells-yahoo
U.S. Lawmaker Introduces 3 Pro-Cryptocurrency Bills to Congress
https://www.ccn.com/u-s-lawmaker-introduces-3-pro-cryptocurrency-bills-to-congress/
Technical analysis
Daily time frame : https://www.tradingview.com/x/PqzpFMEs/
We got what we waited for! The close above all dinamic resistances (EMA 13, 21, 50 and mid bollinger band). MACD turned bullish, RSI is going up and it is time to wait for pullback on lower time frames for long entry! After thjis breakout it is at least expected to test local high that was reached yesterday!
H4 time frame : https://www.tradingview.com/x/1PtIjCM9/
These are 2 areas we are going to look for long entries! The higher area could be just short-term support that can gives us chance for scalping! The lower area is the area we are going to look for swing long entries! If we get shadow on that area, without close above, with bullish patterns on m15 and h1, we are going to open swing long with target at least at yesterdays high!
In case of closing below this area, then we are going to recheck our analysis and see if we have short triggers but I would avoid shorting without some FUD! Currently the market is very positive so it doesnt make any sense to look for swing short! Short could be considered only as a scalp until we reach area around 6900-7100 where we may get some swing short triggers!
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
To your success, CS Team!
Cointelegraph
Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum
The biggest brokerage firm in Brazil, Grupo XP, is planning to launch a crypto exchange in the coming months.