Are we going to see 51% attack?
With fiat money, fraud is committed because of selfish profit motives: the individuals performing the fraudulent actions have everything to gain and nothing to lose if they are not discovered or if they are beyond the reach of the law. With cryptocurrency, a system is produced that no one stands to benefit with fraudulent actions. In fact, they stand to benefit performing non-fraudulent actions instead.
If a greedy attacker is able to assemble more CPU proof-of-worker than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth
- Satoshi Nakamoto
To gain 51% of minning power or more, you need huge money! Let's say you have that money! Now, you have 2 options! To mine more than everyone else and earn more Bitcoins than all other minners, or to use that power in order to crash the Bitcoin! I think it is absurd to even discuss about this! Using billions to create that power and then lose everyhting just because you hate Bitcoin! What is even more absurd is that other miners can ignore you and they can continue to mine on the old chain so old chain won't suffer almost anything. The only problem that can happen in that situation is short-term price fluctuation.
To your success, CS Team!
With fiat money, fraud is committed because of selfish profit motives: the individuals performing the fraudulent actions have everything to gain and nothing to lose if they are not discovered or if they are beyond the reach of the law. With cryptocurrency, a system is produced that no one stands to benefit with fraudulent actions. In fact, they stand to benefit performing non-fraudulent actions instead.
If a greedy attacker is able to assemble more CPU proof-of-worker than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth
- Satoshi Nakamoto
To gain 51% of minning power or more, you need huge money! Let's say you have that money! Now, you have 2 options! To mine more than everyone else and earn more Bitcoins than all other minners, or to use that power in order to crash the Bitcoin! I think it is absurd to even discuss about this! Using billions to create that power and then lose everyhting just because you hate Bitcoin! What is even more absurd is that other miners can ignore you and they can continue to mine on the old chain so old chain won't suffer almost anything. The only problem that can happen in that situation is short-term price fluctuation.
To your success, CS Team!
It is October 26th, 2018
BTC dominance is currently at 53.7% (-0.1%). The total market cap is currently at $209.0 billion (+ $0.4 billion). The market volume of the last 24h was at $8.5 billion (- $1.5 billion).
Fundamental analysis
Trendlines are like diving boards: You get a better bounce from a longer diving board than a shorter one.
https://cointelegraph.com/news/unconfirmed-us-regulators-could-approve-bakkt-btc-futures-launch-in-first-week-of-november
Stock Market Plunges But Has No Impact on Crypto: No Correlation?
https://www.ccn.com/stock-market-plunges-but-has-no-impact-on-crypto-no-correlation/
Blockchain's First Hardware Wallet Will Let You Trade Crypto for Crypto
https://www.coindesk.com/blockchains-first-hardware-wallet-will-let-you-trade-crypto-for-crypto/
Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public
https://cointelegraph.com/news/bloomberg-european-crypto-mining-firm-bitfury-considers-going-public
Technical analysis
Daily time frame : https://www.tradingview.com/x/B9aqzsGZ/
If you check the price last 10 days, all you see is same price with random wicks! Where are we going? Who knows...
The lowest volume since we are making updates. The last 24h volume was under $9 billion!
We are still thinking that the drop more likely to happen then uptrend but that drop would target 6200-6300. Any other prediction would be more guessing so we will avoid guessing and try to update you and trade only after 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 53.7% (-0.1%). The total market cap is currently at $209.0 billion (+ $0.4 billion). The market volume of the last 24h was at $8.5 billion (- $1.5 billion).
Fundamental analysis
Trendlines are like diving boards: You get a better bounce from a longer diving board than a shorter one.
https://cointelegraph.com/news/unconfirmed-us-regulators-could-approve-bakkt-btc-futures-launch-in-first-week-of-november
Stock Market Plunges But Has No Impact on Crypto: No Correlation?
https://www.ccn.com/stock-market-plunges-but-has-no-impact-on-crypto-no-correlation/
Blockchain's First Hardware Wallet Will Let You Trade Crypto for Crypto
https://www.coindesk.com/blockchains-first-hardware-wallet-will-let-you-trade-crypto-for-crypto/
Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public
https://cointelegraph.com/news/bloomberg-european-crypto-mining-firm-bitfury-considers-going-public
Technical analysis
Daily time frame : https://www.tradingview.com/x/B9aqzsGZ/
If you check the price last 10 days, all you see is same price with random wicks! Where are we going? Who knows...
The lowest volume since we are making updates. The last 24h volume was under $9 billion!
We are still thinking that the drop more likely to happen then uptrend but that drop would target 6200-6300. Any other prediction would be more guessing so we will avoid guessing and try to update you and trade only after 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
Unconfirmed: US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November
A party with “direct knowledge” from Bakkt reportedly told tech outlet The Block it could get the regulatory green light next week for its BTC futures.
It is October 27th, 2018
BTC dominance is currently at 53.6% (+0.1%). The total market cap is currently at $209.4 billion (+ $0.4 billion). The market volume of the last 24h was at $9.5 billion (+ 1.0 billion).
Fundamental analysis
Bitcoin’s Low Volatility Signals Bottoming as ‘Speculation Leaves,’ Bloomberg Analyst Says
https://cointelegraph.com/news/bitcoins-low-volatility-signals-bottoming-as-speculation-leaves-bloomberg-analyst-says
Technical analysis
Daily time frame : https://www.tradingview.com/x/6BghrqDQ/
Everything is still the same! More we are in this consolidation, more likely the bottom is already reached! This is the period of the market where price will cause traders to take break, forget about the losses (most of them made losses in this bear market) and once we get few very positive news that will trigger uptrend, old forces will be back but this time a lot of new ones will join. Once projects like BAKKT becomes reality, once market starts moving up, everyone will be back and new bull run will be at the beginning!
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 53.6% (+0.1%). The total market cap is currently at $209.4 billion (+ $0.4 billion). The market volume of the last 24h was at $9.5 billion (+ 1.0 billion).
Fundamental analysis
Bitcoin’s Low Volatility Signals Bottoming as ‘Speculation Leaves,’ Bloomberg Analyst Says
https://cointelegraph.com/news/bitcoins-low-volatility-signals-bottoming-as-speculation-leaves-bloomberg-analyst-says
Technical analysis
Daily time frame : https://www.tradingview.com/x/6BghrqDQ/
Everything is still the same! More we are in this consolidation, more likely the bottom is already reached! This is the period of the market where price will cause traders to take break, forget about the losses (most of them made losses in this bear market) and once we get few very positive news that will trigger uptrend, old forces will be back but this time a lot of new ones will join. Once projects like BAKKT becomes reality, once market starts moving up, everyone will be back and new bull run will be at the beginning!
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
Bitcoin’s Low Volatility Signals Bottoming as ‘Speculation Leaves,’ Bloomberg Analyst Says
Bloomberg’s market experts consider that Bitcoin’s low volatility levels signal the coin is finding a price bottom.
It is October 28th, 2018
BTC dominance is currently at 53.8% (+0.2%). The total market cap is currently at $209.1 billion (- $0.3 billion). The market volume of the last 24h was at $9.4 billion (- $0.1 billion).
Fundamental analysis
There is no any important news to share so we would like to share with you the reason why the Bitcoin price is quite and why the volatility is so low. The last 24h volume on Bitmex was the lowest volume in this year.
As long as miners are going to control the supply, the price can only move if demand increases, there are a couple of drives to that but the most important are mass adoption and institutional money.
Mass adoption takes time and we are in the very beginning, so this cannot have a big effect, I think that last year we saw the top at 20k, and it will take us many years to go above IF ONLY driver was mass adoption.
The second factor, institutional money is preparing to enter the market and this should and will have huge effect. BUT there should be some prerequisites for this to happen, and the most important is a way to enter this OTC market in a proper "regulated" tunnel. This could be the american ETF of course that we expect sometime next year, or some big exchanges that will open and will be controlled by trusted fiduciaries, for example Fidelity is ready to go on with such a move. More other well trusted institutions are preparing too.
To sum up, we dont expect some dramatic change in prices to the upside if none of the above 2 critical factors happen, and the easiest way is prices to stay here or a bit lower, but just above the marginal cost of the miners. It would take something very very big to happen for this situation to change, to the negative or to the positive.
More than 85% of mining power is controlled by few large mining pools. So, once the cost of mining overcome the profit, they will do everything they can to increase demand so they can continue to operate and generate profit from mining. If we are fully decentralised without these mining pools, then further drop could happen easily because once the cost of mining overcome the profit, miners would turn of their machines, the difficulty would decrease and the rest of miners would mine more BTC and they would be again in profit. But, as we are controlled by few large mining pools that are working with billions, I am almost sure they will do everything they can to stay in profit.
So, trying to combine all these facts, more likely we will stay in this area until we get some demand. Miners are going to do all they can to protect BTC from further decrease. So, short-term drop may happen but in that case, we expect fast pullback at this area and above.
Technical analysis
Daily time frame : https://www.tradingview.com/x/jqFxIwVe/
What to say about daily candle that opened and closed at the same price with total daily range of $20 and the lowest volume in 2018?
The accumulation time is on and until we get some news that will trigger volatility, we need to be patient and wait for trading opportunities!
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 53.8% (+0.2%). The total market cap is currently at $209.1 billion (- $0.3 billion). The market volume of the last 24h was at $9.4 billion (- $0.1 billion).
Fundamental analysis
There is no any important news to share so we would like to share with you the reason why the Bitcoin price is quite and why the volatility is so low. The last 24h volume on Bitmex was the lowest volume in this year.
As long as miners are going to control the supply, the price can only move if demand increases, there are a couple of drives to that but the most important are mass adoption and institutional money.
Mass adoption takes time and we are in the very beginning, so this cannot have a big effect, I think that last year we saw the top at 20k, and it will take us many years to go above IF ONLY driver was mass adoption.
The second factor, institutional money is preparing to enter the market and this should and will have huge effect. BUT there should be some prerequisites for this to happen, and the most important is a way to enter this OTC market in a proper "regulated" tunnel. This could be the american ETF of course that we expect sometime next year, or some big exchanges that will open and will be controlled by trusted fiduciaries, for example Fidelity is ready to go on with such a move. More other well trusted institutions are preparing too.
To sum up, we dont expect some dramatic change in prices to the upside if none of the above 2 critical factors happen, and the easiest way is prices to stay here or a bit lower, but just above the marginal cost of the miners. It would take something very very big to happen for this situation to change, to the negative or to the positive.
More than 85% of mining power is controlled by few large mining pools. So, once the cost of mining overcome the profit, they will do everything they can to increase demand so they can continue to operate and generate profit from mining. If we are fully decentralised without these mining pools, then further drop could happen easily because once the cost of mining overcome the profit, miners would turn of their machines, the difficulty would decrease and the rest of miners would mine more BTC and they would be again in profit. But, as we are controlled by few large mining pools that are working with billions, I am almost sure they will do everything they can to stay in profit.
So, trying to combine all these facts, more likely we will stay in this area until we get some demand. Miners are going to do all they can to protect BTC from further decrease. So, short-term drop may happen but in that case, we expect fast pullback at this area and above.
Technical analysis
Daily time frame : https://www.tradingview.com/x/jqFxIwVe/
What to say about daily candle that opened and closed at the same price with total daily range of $20 and the lowest volume in 2018?
The accumulation time is on and until we get some news that will trigger volatility, we need to be patient and wait for trading opportunities!
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!
Estimating Break Even Mining Costs to Predict Where Corrections Will Bottom
Very good article about mining profit and what is the break even price level for miners.
https://medium.com/@sunnyday.james/estimating-the-break-even-price-for-new-bitcoin-mining-units-88e39a0f5f9a
Very good article about mining profit and what is the break even price level for miners.
https://medium.com/@sunnyday.james/estimating-the-break-even-price-for-new-bitcoin-mining-units-88e39a0f5f9a
Medium
Estimating Break Even Mining Costs to Predict Where Corrections Will Bottom
For many Bitcoin investors a key benchmark of how low the Bitcoin market price can go is the cost of production during the mining process…
It is October 29th, 2018
BTC dominance is currently at 53.7% (+0.1%). The total market cap is currently at $209.7 billion (+ $0.6 billion). The market volume of the last 24h was at $9.6 billion (- $0.1 billion).
Fundamental analysis
There is no point in sharing some random news just to fill out our fundamental part of daily update and move to technical analysis. As you may see, the market volatility is at yearly low and the same situation is on media platforms. There is no single news article that could be interesting to discuss. That's why we would like to give you few advices for current market situation!
Do not be so desperate about this market situation. It is negative for daily traders because it doesnt offer enough volatility but BTC is proving that it can be stable. That's one of positive things because as a payment method one day, it has to be able to be stable.
Take your time and analyse coins you like and accumulate them at this low prices. They are accumulating too and price wont make up until they accumulate enough. If you miss bull run, it was your fault. Don't say I wish I bought! Buy and then wait for it to happen! The main problem is lack of fresh money because people were buying all the way down and at the moment only few have fresh money to accumulate at this price.
Also, do not expect bull run like we saw in 2017. At that time we had lack of liquidity and moves of 20-30% or even 50-100% per day were normal thing. The liquidity these days is much bigger and it will be much higher to move like before but it will move. Maybe slower than before but it will move UP! Yesterday we had 2 situations where Bitcoin price was at the same price for 3 hours and 35 minutes. (https://www.tradingview.com/x/VUDfn7MR/) I do not know if that was record in near past but it was caused because there were enough buyers and sellers at that price. The liquidity is much bigger these days than it was year ago.
Technical analysis
Daily time frame : https://www.tradingview.com/x/FQidkOGM/
The volatility is still at very low level. There is no sign of potential move. We are still waiting for action to take action!
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 53.7% (+0.1%). The total market cap is currently at $209.7 billion (+ $0.6 billion). The market volume of the last 24h was at $9.6 billion (- $0.1 billion).
Fundamental analysis
There is no point in sharing some random news just to fill out our fundamental part of daily update and move to technical analysis. As you may see, the market volatility is at yearly low and the same situation is on media platforms. There is no single news article that could be interesting to discuss. That's why we would like to give you few advices for current market situation!
Do not be so desperate about this market situation. It is negative for daily traders because it doesnt offer enough volatility but BTC is proving that it can be stable. That's one of positive things because as a payment method one day, it has to be able to be stable.
Take your time and analyse coins you like and accumulate them at this low prices. They are accumulating too and price wont make up until they accumulate enough. If you miss bull run, it was your fault. Don't say I wish I bought! Buy and then wait for it to happen! The main problem is lack of fresh money because people were buying all the way down and at the moment only few have fresh money to accumulate at this price.
Also, do not expect bull run like we saw in 2017. At that time we had lack of liquidity and moves of 20-30% or even 50-100% per day were normal thing. The liquidity these days is much bigger and it will be much higher to move like before but it will move. Maybe slower than before but it will move UP! Yesterday we had 2 situations where Bitcoin price was at the same price for 3 hours and 35 minutes. (https://www.tradingview.com/x/VUDfn7MR/) I do not know if that was record in near past but it was caused because there were enough buyers and sellers at that price. The liquidity is much bigger these days than it was year ago.
Technical analysis
Daily time frame : https://www.tradingview.com/x/FQidkOGM/
The volatility is still at very low level. There is no sign of potential move. We are still waiting for action to take action!
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!
Crypto Signals
It is October 23rd, 2018 BTC dominance is currently at 53.6% (- 0.1%). The total market cap is currenty at $209.4 billion (- $0.7). The market volume of the last 24h was $10.7 billion (+ $0.8 billion). Fundamental analysis NYSE Parent Company Reveals Launch…
Finally move!
Short target at 6300 was reached!
It is time to see if we are going to see any continuation signs or this was just auto trading and stop loss filling!
Short target at 6300 was reached!
It is time to see if we are going to see any continuation signs or this was just auto trading and stop loss filling!
Forwarded from Future Crypto Experts - Paid Channel
ETH/USD: https://www.tradingview.com/x/mqBrz8xB/
Looks similare to ADA and EOS. Very clear break of the local uptrend and I would expect ETH to visit green area very soon!
Looks similare to ADA and EOS. Very clear break of the local uptrend and I would expect ETH to visit green area very soon!
Forwarded from Future Crypto Experts - Paid Channel
EOS/BTC: https://www.tradingview.com/x/7jF3sP9l/
Looks similar to ADA but it is not following green area so strictly! EOS is used to unexpected pumps and dumps so trading EOS is considered very risky for these that are following strictly rules with stop loss etc. For these that are accumulating long or short position, EOS could be very good but accumulating is not suggested at all because only few loosing trades and big loss is there!
No trade idea because there is no safe stop loss but next few days decline is expected from EOS!
Looks similar to ADA but it is not following green area so strictly! EOS is used to unexpected pumps and dumps so trading EOS is considered very risky for these that are following strictly rules with stop loss etc. For these that are accumulating long or short position, EOS could be very good but accumulating is not suggested at all because only few loosing trades and big loss is there!
No trade idea because there is no safe stop loss but next few days decline is expected from EOS!
Update: https://www.tradingview.com/x/8yGNcNFD/
The only one with bullish signs but LTC dropped too! Support didn't hold and now it is time to see if it will turn into resistance
The only one with bullish signs but LTC dropped too! Support didn't hold and now it is time to see if it will turn into resistance
Forwarded from Future Crypto Experts - Paid Channel
LTC/BTC https://www.tradingview.com/x/4CS3D41t/
Coin that is standing out of the crowd! Chart looks different than the previous ones and the only so far with bullish potential. This falling wedge could be considered as bullish setup only if green area holds out! In that case we would have double support + falling wedge that could indicate some fundamental that will trigger the uptrend!
It is still in clear downtrend but the facts above are offering LTC holders hope for some reversal soon!
No trade idea, too close to potential support so shorting is not wise idea and too early for long because no confirmation so far!
Coin that is standing out of the crowd! Chart looks different than the previous ones and the only so far with bullish potential. This falling wedge could be considered as bullish setup only if green area holds out! In that case we would have double support + falling wedge that could indicate some fundamental that will trigger the uptrend!
It is still in clear downtrend but the facts above are offering LTC holders hope for some reversal soon!
No trade idea, too close to potential support so shorting is not wise idea and too early for long because no confirmation so far!
Forwarded from Future Crypto Experts - Paid Channel
XRP/BTC: https://www.tradingview.com/x/DCwiQVRm/
Coin that went up in last month because of a lot of positive news but the hype is over and it is dropping! If it was helthy hype, price would stay much higher! It is coming at the beginning again!
If we check TA, it is too late for short. If we see some pullback to 7000 sats area than it could be great short setup with stop loss above 7250 and target around 6000 with amazing 1:4 RR.
I am getting a lot of questions about ripple and maybe 90% of that questions are is it possible to see ripple at $10 or when ripple is going to reach $10. Who told you this number? Where did you hear that? I am not hater of any cryptocurrency! Personally I made nice profit from ripple in 2017 but currently I am not holding it. I chose BTC over ripple because it is easier for me to grow supply BTC than ripple. If I want to grow BTC, I simply buy alt cheap and sell high or in bear market do margin trading. If I want to grow ripple, I first need to sell it for BTC, then grow BTC and then buy ripple back. In meantime, everything may happen and even if I grow my BTC, ripple could go up and I could lose part of my ripple coins! So that's my main reason!
$10 will be reached but once whole market gain 10x. So, I please you, look in BTC value! Grow BTC value because it is the only thing that does matter. Grow supply of your BTC not USD! Stop thinking small, start thinking big. When I ask them why they are buying ripple over BTC, they tell me, I can easily afford buying a lot of ripple, but I am not able to buy even 1 BTC. When you hear these answers, it is clear why crypto is still too far from mainstream adoption and why it is easy to manipulate this space. If the market is well educated,m it can't be manipulated! If there is lack of knowledge, everyone can spread anything and create chain reaction!
Educate yourself!
Coin that went up in last month because of a lot of positive news but the hype is over and it is dropping! If it was helthy hype, price would stay much higher! It is coming at the beginning again!
If we check TA, it is too late for short. If we see some pullback to 7000 sats area than it could be great short setup with stop loss above 7250 and target around 6000 with amazing 1:4 RR.
I am getting a lot of questions about ripple and maybe 90% of that questions are is it possible to see ripple at $10 or when ripple is going to reach $10. Who told you this number? Where did you hear that? I am not hater of any cryptocurrency! Personally I made nice profit from ripple in 2017 but currently I am not holding it. I chose BTC over ripple because it is easier for me to grow supply BTC than ripple. If I want to grow BTC, I simply buy alt cheap and sell high or in bear market do margin trading. If I want to grow ripple, I first need to sell it for BTC, then grow BTC and then buy ripple back. In meantime, everything may happen and even if I grow my BTC, ripple could go up and I could lose part of my ripple coins! So that's my main reason!
$10 will be reached but once whole market gain 10x. So, I please you, look in BTC value! Grow BTC value because it is the only thing that does matter. Grow supply of your BTC not USD! Stop thinking small, start thinking big. When I ask them why they are buying ripple over BTC, they tell me, I can easily afford buying a lot of ripple, but I am not able to buy even 1 BTC. When you hear these answers, it is clear why crypto is still too far from mainstream adoption and why it is easy to manipulate this space. If the market is well educated,m it can't be manipulated! If there is lack of knowledge, everyone can spread anything and create chain reaction!
Educate yourself!
Forwarded from Future Crypto Experts - Paid Channel
EOS/BTC: https://www.tradingview.com/x/7jF3sP9l/
Looks similar to ADA but it is not following green area so strictly! EOS is used to unexpected pumps and dumps so trading EOS is considered very risky for these that are following strictly rules with stop loss etc. For these that are accumulating long or short position, EOS could be very good but accumulating is not suggested at all because only few loosing trades and big loss is there!
No trade idea because there is no safe stop loss but next few days decline is expected from EOS!
Looks similar to ADA but it is not following green area so strictly! EOS is used to unexpected pumps and dumps so trading EOS is considered very risky for these that are following strictly rules with stop loss etc. For these that are accumulating long or short position, EOS could be very good but accumulating is not suggested at all because only few loosing trades and big loss is there!
No trade idea because there is no safe stop loss but next few days decline is expected from EOS!
Forwarded from Future Crypto Experts - Paid Channel
ADA/BTC https://www.tradingview.com/x/fvxiKDkM/
The green area is obviously the area of interest and as long as we are below the green area, short makes sense! Once we cross above that area, long will be considered as wiser option!
Trading idea:
Short
Entry 1190
Stop loss 1231
Target 1115-1135
The green area is obviously the area of interest and as long as we are below the green area, short makes sense! Once we cross above that area, long will be considered as wiser option!
Trading idea:
Short
Entry 1190
Stop loss 1231
Target 1115-1135
Forwarded from Future Crypto Experts - Paid Channel
TRX/BTC : https://www.tradingview.com/x/T8ccj5gM/
Obvious tripple top, shorted from 380 and targeting at least 335 ( green area ). Coin that is holding value above the rest of the crowd, it is still not so low from ATH considering the rest of the crowd so as I said in tron update 3 days ago when I was talking about tron/btc binance pair, I wouldn't be surprised to see this coin below 300 one more time!
Trade idea is currently not active but if we see some pullback to 370-375 area then shorting would be recommended with stop loss at 391.
Obvious tripple top, shorted from 380 and targeting at least 335 ( green area ). Coin that is holding value above the rest of the crowd, it is still not so low from ATH considering the rest of the crowd so as I said in tron update 3 days ago when I was talking about tron/btc binance pair, I wouldn't be surprised to see this coin below 300 one more time!
Trade idea is currently not active but if we see some pullback to 370-375 area then shorting would be recommended with stop loss at 391.