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.
It is September 23rd, 2018
BTC dominance is currently at 51.8% (-0.7%). The total market cap is currently at $224.0 billion (+ $1.4 billion). The market volume of the last 24h was $15.4 billion (- $8.6 billion).
Fundamental analysis
* Reasons Behind Ripple’s Leap**
https://cointelegraph.com/news/from-adoption-to-fomo-reasons-behind-ripples-leap
Coinsquare’s Investment Subsidiary Launches Two Tech-Based ETFs on TSX Exchange
https://cointelegraph.com/news/coinsquares-investment-subsidiary-launches-two-tech-based-etfs-on-tsx-exchange
UNICEF France Accepts Cryptocurrency Donations for Humanitarian Activities
https://www.ccn.com/unicef-france-accepts-cryptocurrency-donations-for-humanitarian-activities/
The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret
https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/
Technical analysis
Daily time frame : https://www.tradingview.com/x/P6igagH8/
Daily time frame is very bullish. The pump that happened 2 days ago caused daily to close above all major resistances and now it has great chances to reach $7000. Yesterday we saw correction that tested EMA 50 but got rejected that was on more bullish sign! Based on yesterdays candle, we do not expect some major moves up today but tomorrow or day after!
Even if it is bullish, it is not suggested to long without confirmation! Yeah, you can long it with stop loss below 6550 with target at $7000 but we would rather wait for confirmation and then enter the trade!
H4 time frame : https://www.tradingview.com/x/oFV4Jt4t/
These 2 green boxes are again areas to look for long entries! Stop loss could be below 2nd if you want to give price more time to turn into your direction!
H1 time frame : https://www.tradingview.com/x/LWYverNB/
Strong rejection from EMA 50 on H1 time frame is very bullish sign and as soon as we get close above top bollinger band, it is trigger for next long with target above $6800 at least but more likely around $7000.
We are talking about general trend! Of course that we are going to have some corrections and short opportunities but when we are in uptrend we should look mainly for long entries and vice versa when we are in downtrend!
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 51.8% (-0.7%). The total market cap is currently at $224.0 billion (+ $1.4 billion). The market volume of the last 24h was $15.4 billion (- $8.6 billion).
Fundamental analysis
* Reasons Behind Ripple’s Leap**
https://cointelegraph.com/news/from-adoption-to-fomo-reasons-behind-ripples-leap
Coinsquare’s Investment Subsidiary Launches Two Tech-Based ETFs on TSX Exchange
https://cointelegraph.com/news/coinsquares-investment-subsidiary-launches-two-tech-based-etfs-on-tsx-exchange
UNICEF France Accepts Cryptocurrency Donations for Humanitarian Activities
https://www.ccn.com/unicef-france-accepts-cryptocurrency-donations-for-humanitarian-activities/
The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret
https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/
Technical analysis
Daily time frame : https://www.tradingview.com/x/P6igagH8/
Daily time frame is very bullish. The pump that happened 2 days ago caused daily to close above all major resistances and now it has great chances to reach $7000. Yesterday we saw correction that tested EMA 50 but got rejected that was on more bullish sign! Based on yesterdays candle, we do not expect some major moves up today but tomorrow or day after!
Even if it is bullish, it is not suggested to long without confirmation! Yeah, you can long it with stop loss below 6550 with target at $7000 but we would rather wait for confirmation and then enter the trade!
H4 time frame : https://www.tradingview.com/x/oFV4Jt4t/
These 2 green boxes are again areas to look for long entries! Stop loss could be below 2nd if you want to give price more time to turn into your direction!
H1 time frame : https://www.tradingview.com/x/LWYverNB/
Strong rejection from EMA 50 on H1 time frame is very bullish sign and as soon as we get close above top bollinger band, it is trigger for next long with target above $6800 at least but more likely around $7000.
We are talking about general trend! Of course that we are going to have some corrections and short opportunities but when we are in uptrend we should look mainly for long entries and vice versa when we are in downtrend!
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
From Adoption to FOMO: Reasons Behind Ripple’s Leap
Some possible explanations
Margin Signal:
LONG BTC
Entry: below 6720
Targets:
1) 6811
2) 6925
Stop loss: Safe stop loss at 6545, less safe stop loss 6595!
Good luck!
LONG BTC
Entry: below 6720
Targets:
1) 6811
2) 6925
Stop loss: Safe stop loss at 6545, less safe stop loss 6595!
Good luck!
Price is moving in our direction 🚀💪
Looking for first target to be reached!
https://www.tradingview.com/x/PWkbzooW
Looking for first target to be reached!
https://www.tradingview.com/x/PWkbzooW
Massive Hacks, Price Targets and a Bitcoin ETF: This Week in Crypto
https://www.ccn.com/massive-hacks-price-targets-and-a-bitcoin-etf-this-week-in-crypto/
https://www.ccn.com/massive-hacks-price-targets-and-a-bitcoin-etf-this-week-in-crypto/
It is September 24th, 2018
BTC dominance is currently at 51.3% (+0.1%). The total market cap is currently at $225.8 billion (+ $1.8 billion). The market volume of the last 24h was $13.4 billion (- $2.0 billion!
Fundamental analysis
All But One of Top 20 Cryptos See Green, Bitcoin Safely Above $6,700
https://cointelegraph.com/news/all-but-one-of-top-20-cryptos-see-green-bitcoin-safely-above-6-700
Brazil’s Biggest Brokerage Processes Bitcoin Trades, Gov’t Supportive
https://www.ccn.com/brazils-biggest-brokerage-processes-bitcoin-trades-govt-supportive/
Technical analysis
Daily time frame : https://www.tradingview.com/x/wsLXq1xf/
Bitcoin is testing EMA 50 3rd day in a row. So far it is holding Bitcoin above and for uptrend to happen, it has to resist! If we close below, then it will target mid bollinger band!
We have flat top bollinger band on all time frames around 6780 so it can stop the move! That's why long targets are changed to 6770 and 6830. If it makes shadow through this area, we can maybe look for short triggers in that area because it is the area of weekly resistance!
So, our long signal is still active with changed targets! Once we reach that area, we are going to check price action and look for next potential triggers! Yesterday price reached 6780 that is now our first target for that long signal!
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 51.3% (+0.1%). The total market cap is currently at $225.8 billion (+ $1.8 billion). The market volume of the last 24h was $13.4 billion (- $2.0 billion!
Fundamental analysis
All But One of Top 20 Cryptos See Green, Bitcoin Safely Above $6,700
https://cointelegraph.com/news/all-but-one-of-top-20-cryptos-see-green-bitcoin-safely-above-6-700
Brazil’s Biggest Brokerage Processes Bitcoin Trades, Gov’t Supportive
https://www.ccn.com/brazils-biggest-brokerage-processes-bitcoin-trades-govt-supportive/
Technical analysis
Daily time frame : https://www.tradingview.com/x/wsLXq1xf/
Bitcoin is testing EMA 50 3rd day in a row. So far it is holding Bitcoin above and for uptrend to happen, it has to resist! If we close below, then it will target mid bollinger band!
We have flat top bollinger band on all time frames around 6780 so it can stop the move! That's why long targets are changed to 6770 and 6830. If it makes shadow through this area, we can maybe look for short triggers in that area because it is the area of weekly resistance!
So, our long signal is still active with changed targets! Once we reach that area, we are going to check price action and look for next potential triggers! Yesterday price reached 6780 that is now our first target for that long signal!
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
All But One of Top 20 Cryptos See Green, Bitcoin Safely Above $6,700
Crypto markets are seeing another wave of growth, with Bitcoin trading above $6,700 and 19 out of the top 20 coins firmly in the green.
Looks like CZ (binance CEO) is selling and will stop pumping BNB for now!
The reason for BNB to hold its value could be Binance growth because it is becoming leader in crypto but this indicator shows very interesting facts!
https://twitter.com/PictureMissing/status/1043561438948859904
The reason for BNB to hold its value could be Binance growth because it is becoming leader in crypto but this indicator shows very interesting facts!
https://twitter.com/PictureMissing/status/1043561438948859904
Twitter
MissingPicture
THREAD: "CZ is a Masterbotter" 1) Take a look at this chart: all crypto is sinking and yet BNB Binance price seems to be levitating. I will explain how CZ uses Tether to prop his coin.
It is September 25th, 2018
BTC dominance is currently at 53.0% (+ 1.7%). The total market cap is currently at $210.4 billion (- $15.4 billion). The market volume of the last 24h was $14.4 billion (+ 1.0 billion).
Fundamental analysis
US: Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape
https://cointelegraph.com/news/us-crypto-industry-reps-lawmakers-venture-capitalists-to-discuss-regulatory-landscape
HODL No More? The Amount of Bitcoin in Active Wallets Is Near Record Highs
https://www.coindesk.com/hodl-no-more-the-amount-of-bitcoin-in-active-wallets-is-near-to-a-record-high/
Cryptocurrency Prices Highly Correlated to Regulatory Action: Central Bank Report
https://www.ccn.com/cryptocurrency-prices-highly-correlated-to-regulatory-action-central-bank-report/
Technical analysis
Daily time frame : https://www.tradingview.com/x/vgXXrs4k/
Yesterdays daily close initiated this drop to mid bollinger band! I told yesterday if we see close below EMA 50, it will trigger midbb as a target! Now, it is on support (mid bb and horizontal area).
H4 time frame : https://www.tradingview.com/x/C4kpiUAb/
This is not bullish at all! Double close below low bollinger band with increase in volume on 2nd close!
We are waiting for consolidation on horuly time frame to get some triggers! At the moment it is very bearish and it has chance to close below midbb on D1 that would be very bearish for BTC. But in the same tine we are looking for long triggers because if case of bounce off and daily close above 6600 would be very bullish! So, at the moment both options are possible so we are looking for both entries!
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 53.0% (+ 1.7%). The total market cap is currently at $210.4 billion (- $15.4 billion). The market volume of the last 24h was $14.4 billion (+ 1.0 billion).
Fundamental analysis
US: Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape
https://cointelegraph.com/news/us-crypto-industry-reps-lawmakers-venture-capitalists-to-discuss-regulatory-landscape
HODL No More? The Amount of Bitcoin in Active Wallets Is Near Record Highs
https://www.coindesk.com/hodl-no-more-the-amount-of-bitcoin-in-active-wallets-is-near-to-a-record-high/
Cryptocurrency Prices Highly Correlated to Regulatory Action: Central Bank Report
https://www.ccn.com/cryptocurrency-prices-highly-correlated-to-regulatory-action-central-bank-report/
Technical analysis
Daily time frame : https://www.tradingview.com/x/vgXXrs4k/
Yesterdays daily close initiated this drop to mid bollinger band! I told yesterday if we see close below EMA 50, it will trigger midbb as a target! Now, it is on support (mid bb and horizontal area).
H4 time frame : https://www.tradingview.com/x/C4kpiUAb/
This is not bullish at all! Double close below low bollinger band with increase in volume on 2nd close!
We are waiting for consolidation on horuly time frame to get some triggers! At the moment it is very bearish and it has chance to close below midbb on D1 that would be very bearish for BTC. But in the same tine we are looking for long triggers because if case of bounce off and daily close above 6600 would be very bullish! So, at the moment both options are possible so we are looking for both entries!
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: Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape
On Tuesday, representatives from the crypto industry and U.S. lawmakers will gather to discuss regulatory issues and policy-making.
According to a document published on the Mt. Gox website, Nobuaki Kobayashi, the exchange operator’s trustee, sold approximately 24,658 BTC and 25,331 BCH between the last creditor’s meeting on March 7 and the June 22 court ruling allowing the estate to exit bankruptcy and enter civil rehabilitation.
https://www.ccn.com/230-million-mt-gox-trustee-confirms-past-bitcoin-sell-off/
https://www.ccn.com/230-million-mt-gox-trustee-confirms-past-bitcoin-sell-off/
CCN.com
$230 Million: Mt. Gox Trustee Confirms Past Bitcoin Sell-Off
Bitcoin investors who monitored cryptocurrency wallets associated with bitcoin exchange Mt. Gox for warnings of a sell-off were justified in their paranoia.