Greetings dear memebers, I hope you are doing great
It is March 1st, 2019
BTC dominance is currently at 51.9% (It is lower 0.3% since our last update). The market cap is currently at $131.0 billion (It raised for $0.4 billion from our last update). The market volume of the last 24h was $26.0 billion (It is $1.9 billion lower than it was 24h ago).
The biggest news for yesterday was the Ethereum fork that was expected to bring volatility into the market. Exactly opposite did happen and price is simply the same it was before the fork. This was to worst case scenario because for us as the traders, we need volatility not the same price all the time.
Techincal analysis
Daily time frame: https://www.tradingview.com/x/uaEUTB6f
The price is still holding strongly above EMA 50 and 3700 support area which is pretty good sign.
Based on monthly close that was yesterday, one more time we expect to see test of monthly resistance (4300-4700).
The dream entry would be around 3500 and if price reaches that area, it would be phenomenal.
Now, as we are in a trade, apart from small scalp trades, we are flat waiting for either break of 3900 or test of 3500-3550.
Best regards, CS Team!
It is March 1st, 2019
BTC dominance is currently at 51.9% (It is lower 0.3% since our last update). The market cap is currently at $131.0 billion (It raised for $0.4 billion from our last update). The market volume of the last 24h was $26.0 billion (It is $1.9 billion lower than it was 24h ago).
The biggest news for yesterday was the Ethereum fork that was expected to bring volatility into the market. Exactly opposite did happen and price is simply the same it was before the fork. This was to worst case scenario because for us as the traders, we need volatility not the same price all the time.
Techincal analysis
Daily time frame: https://www.tradingview.com/x/uaEUTB6f
The price is still holding strongly above EMA 50 and 3700 support area which is pretty good sign.
Based on monthly close that was yesterday, one more time we expect to see test of monthly resistance (4300-4700).
The dream entry would be around 3500 and if price reaches that area, it would be phenomenal.
Now, as we are in a trade, apart from small scalp trades, we are flat waiting for either break of 3900 or test of 3500-3550.
Best regards, CS Team!
Forwarded from Future Crypto Experts - Paid Channel
Good evening dear members, I hope you are doing amazing
The coin that outperformed the majority of the market after big dump in the late of 2018 got on our list.
EOS, the coin that reached its price before big dump in Q4 2018, is looking pretty good.
3D time frame : http://prntscr.com/mr2a5e
The EOS did something similar to BTC reaching 6k price area. Wouldn't you consider it bullish?
Now, everything that is bullish requires some time until early buyers are out and until big boys accumulate enough.
We do not want to buy too early and then wait for price to find bottom somewhere.
Our eyes are on the green area around 70k satoshies but having in mind the fact that these setups got front run very often because they are looking pretty obvious and clear, we would start buying even a little bit higher (75000).
We consider this as a great trade opportunity. Apart from targeting all time high that would be too optimistic even for biggest fans, we could easily target an area around 135k sats the previous all time high which would still be great move and potential profit.
This is our technical point of view on EOS/BTC.
As the chart is looking pretty decent, we would go over fundamentals in next couple of days and bring to you fundamental side of EOS so we can have whole picture of this coin and we would be able to make an overall opinion based on both, technicals and fundamentals.
Best regards, CS Team!
The coin that outperformed the majority of the market after big dump in the late of 2018 got on our list.
EOS, the coin that reached its price before big dump in Q4 2018, is looking pretty good.
3D time frame : http://prntscr.com/mr2a5e
The EOS did something similar to BTC reaching 6k price area. Wouldn't you consider it bullish?
Now, everything that is bullish requires some time until early buyers are out and until big boys accumulate enough.
We do not want to buy too early and then wait for price to find bottom somewhere.
Our eyes are on the green area around 70k satoshies but having in mind the fact that these setups got front run very often because they are looking pretty obvious and clear, we would start buying even a little bit higher (75000).
We consider this as a great trade opportunity. Apart from targeting all time high that would be too optimistic even for biggest fans, we could easily target an area around 135k sats the previous all time high which would still be great move and potential profit.
This is our technical point of view on EOS/BTC.
As the chart is looking pretty decent, we would go over fundamentals in next couple of days and bring to you fundamental side of EOS so we can have whole picture of this coin and we would be able to make an overall opinion based on both, technicals and fundamentals.
Best regards, CS Team!
Lightshot
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Captured with Lightshot
Greetings dear members, I hope you are enjoying your weekend
It is March 2nd, 2019
BTC dominance is currently at 52.1% (It raised 0.2% in last 24h). The market cap is currently at $130.0 billion (It dropped $1 billion since our last update). The market volume of the last 24h was $25.3 billion (It is lower for $0.7 than it was 24h ago).
Technical analysis
Daily time frame : https://www.tradingview.com/x/UiuRiOst
The range is still in play. The expected volatility after Ehtereum fork didn't happen which surprised us a little bit but we have to get used to it.
We are currently flat on all Bitmex cryptocurrency pairs. We are waiting for ETH or Bitcoin to show the next sign. We would like to see downtrend until 3550 so we can get nice long entry on Bitcoin if it gives us a sign.
In the range, we are still seeing a lot of fake up and down moves that got invalidated as soon as they happen.
Won't risk at the moment because it would be stupid risk. It would be better to risk when there is opportunity not at this price where next move is hardly to be known which we can see on daily time frames that shows series of Doji candlesticks.
Until it moves, we will stay flat.
Best regards, CS Team!
It is March 2nd, 2019
BTC dominance is currently at 52.1% (It raised 0.2% in last 24h). The market cap is currently at $130.0 billion (It dropped $1 billion since our last update). The market volume of the last 24h was $25.3 billion (It is lower for $0.7 than it was 24h ago).
Technical analysis
Daily time frame : https://www.tradingview.com/x/UiuRiOst
The range is still in play. The expected volatility after Ehtereum fork didn't happen which surprised us a little bit but we have to get used to it.
We are currently flat on all Bitmex cryptocurrency pairs. We are waiting for ETH or Bitcoin to show the next sign. We would like to see downtrend until 3550 so we can get nice long entry on Bitcoin if it gives us a sign.
In the range, we are still seeing a lot of fake up and down moves that got invalidated as soon as they happen.
Won't risk at the moment because it would be stupid risk. It would be better to risk when there is opportunity not at this price where next move is hardly to be known which we can see on daily time frames that shows series of Doji candlesticks.
Until it moves, we will stay flat.
Best regards, CS Team!
Greetings dear members, I hope you are doing great
It is March 3rd, 2019
BTC dominance is currently at 52.1% (It raised 0.1% in last 24h). Since our last update, the market cap raised by $0.1 billion from $130.0 billion to $130.1 billion. The market volume of the last 24h dropped from $25.3 billion to $22.6 billion (- $2.7 billion).
Technical analysis
Weekly time frame: https://www.tradingview.com/x/GXbJfBR4
Daily time frame: https://www.tradingview.com/x/wXN0ojvp
Looking at weekly, if we close a little bit lower, next week could easily reach our dream long entry around 3500. There would be downward momentum if price closes a little bit lower than it is currently now.
We are still not in a trade on any bitmex alt. We are waiting for buy opportunity because we think this month will bring upside momentum and we do not want to miss it by focusing on too small picture trying to catch some dime profit.
Once we reach buy entry, we will let you know.
Best regards, CS Team!
It is March 3rd, 2019
BTC dominance is currently at 52.1% (It raised 0.1% in last 24h). Since our last update, the market cap raised by $0.1 billion from $130.0 billion to $130.1 billion. The market volume of the last 24h dropped from $25.3 billion to $22.6 billion (- $2.7 billion).
Technical analysis
Weekly time frame: https://www.tradingview.com/x/GXbJfBR4
Daily time frame: https://www.tradingview.com/x/wXN0ojvp
Looking at weekly, if we close a little bit lower, next week could easily reach our dream long entry around 3500. There would be downward momentum if price closes a little bit lower than it is currently now.
We are still not in a trade on any bitmex alt. We are waiting for buy opportunity because we think this month will bring upside momentum and we do not want to miss it by focusing on too small picture trying to catch some dime profit.
Once we reach buy entry, we will let you know.
Best regards, CS Team!
Good morning dear members, I hope you are enjoying your day
This is daily update for March 4th, 2019
BTC dominance is currently at 52.6% (It is up 0.5% in last 24h). The total market cap is down for $3.9 billions and currently at $126.1 billion. The volume of the last 24h was $25.9 billion (It raised for $3.3 billion).
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/woY6Jjo3
As we mentioned in our yesterday's update, after bearish weekly close, the price is going down. We are targeting 3550 at least. If that gets reached we will see how low it can go but that's our first main target for the move down.
We hope you read our yesterday's post and didn't long Bitcoin. The move down makes us happy because not only Bitcoin but alts such as Litecoin or Ethereum are coming closer to their great buy entries so be ready becayse after one more move down, we can get some nice entry opportunities.
We are not shorting because of potential support at 3700 that is confluence of horizontal price level and EMA 50.
Best regrds, CS Team!
This is daily update for March 4th, 2019
BTC dominance is currently at 52.6% (It is up 0.5% in last 24h). The total market cap is down for $3.9 billions and currently at $126.1 billion. The volume of the last 24h was $25.9 billion (It raised for $3.3 billion).
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/woY6Jjo3
As we mentioned in our yesterday's update, after bearish weekly close, the price is going down. We are targeting 3550 at least. If that gets reached we will see how low it can go but that's our first main target for the move down.
We hope you read our yesterday's post and didn't long Bitcoin. The move down makes us happy because not only Bitcoin but alts such as Litecoin or Ethereum are coming closer to their great buy entries so be ready becayse after one more move down, we can get some nice entry opportunities.
We are not shorting because of potential support at 3700 that is confluence of horizontal price level and EMA 50.
Best regrds, CS Team!
Forwarded from Future Crypto Experts - Paid Channel
Morning dear members, I hope you are enjoying weekend and egarly waiting for new week
After TRON and before Ethereum, Litecoin made some amazing moves up.
Here is the chart and our analysis : http://prntscr.com/msiczx
Currently, right at resistance looking very good. There is no significant pullback after breaking resistance on 100k sats.
Considering that it is right now in the middle between target 1 and first potential support, it is hard to say that buying now is okay.
Buying breakout is okay but as long as it is sitting right at resistance without too much floor below, it is better to wait because there is probability that support will be tested.
In general, our opinion that with this price action, we can see reaching Target 1 without any doubt.
Looking very strong, currently at price level it was in June 2018, already broke its resistance from Q4 2018 that is still big problem for the majority of coins.
Looking at volume, it is showinng strength and confirming those breakouts.
Best regards, CS Team
After TRON and before Ethereum, Litecoin made some amazing moves up.
Here is the chart and our analysis : http://prntscr.com/msiczx
Currently, right at resistance looking very good. There is no significant pullback after breaking resistance on 100k sats.
Considering that it is right now in the middle between target 1 and first potential support, it is hard to say that buying now is okay.
Buying breakout is okay but as long as it is sitting right at resistance without too much floor below, it is better to wait because there is probability that support will be tested.
In general, our opinion that with this price action, we can see reaching Target 1 without any doubt.
Looking very strong, currently at price level it was in June 2018, already broke its resistance from Q4 2018 that is still big problem for the majority of coins.
Looking at volume, it is showinng strength and confirming those breakouts.
Best regards, CS Team
Lightshot
Screenshot
Captured with Lightshot
Greetings to all of you, I hope you are doing amazing
Let's write an interesting and an educational post to learn more about cryptocurrency market.
Today, we would like to cover a myth that is very popular in crypto community.
Banks are printing every day more and more money and by the growth in supply, we have to expect drop in value. On the other side, Bitcoin, as the biggest cryptocurrency, has limited supply and there will be maximum of 21 million coins.
This is all true and we do not want to try to prove anyone wrong. There will be maximum of 21 million coins that should be mined by 2140.
Once all coins are mined, the miner reward will be fees from transactions.
The whole idea that Satoshi had was amazing apart from being open sourced. Yeah, it is one of positive sides because we all can check the code and help it become better and more secure.
But, that's a text that could be easily copied. We can anytime copy that code, write the changes we want and publish our own coin. Isn't that hyperinflation. Yeah, maybe the coin will be worth 1% of the value of main coin but considering the fact that only bitcoin has dozens of forks that all created new version of Bitcoin, what is the real supply of Bitcoin?
Not only Bitcoin but other cryptocurrencies as well.
Bitcoin as a single coin, has limited supply, but general crypto market with all these forks, aridrops is under hyperinflation as well as our current money sistem.
So, keep that in mind when you considering buying new coins. Yeah, the crypto will have big part in the future but we are almost 100% sure that the majority of current alts will lose its value in next 3 years so be cautious where you are putting your monney in.
Best regards, CS Team
Let's write an interesting and an educational post to learn more about cryptocurrency market.
Today, we would like to cover a myth that is very popular in crypto community.
Banks are printing every day more and more money and by the growth in supply, we have to expect drop in value. On the other side, Bitcoin, as the biggest cryptocurrency, has limited supply and there will be maximum of 21 million coins.
This is all true and we do not want to try to prove anyone wrong. There will be maximum of 21 million coins that should be mined by 2140.
Once all coins are mined, the miner reward will be fees from transactions.
The whole idea that Satoshi had was amazing apart from being open sourced. Yeah, it is one of positive sides because we all can check the code and help it become better and more secure.
But, that's a text that could be easily copied. We can anytime copy that code, write the changes we want and publish our own coin. Isn't that hyperinflation. Yeah, maybe the coin will be worth 1% of the value of main coin but considering the fact that only bitcoin has dozens of forks that all created new version of Bitcoin, what is the real supply of Bitcoin?
Not only Bitcoin but other cryptocurrencies as well.
Bitcoin as a single coin, has limited supply, but general crypto market with all these forks, aridrops is under hyperinflation as well as our current money sistem.
So, keep that in mind when you considering buying new coins. Yeah, the crypto will have big part in the future but we are almost 100% sure that the majority of current alts will lose its value in next 3 years so be cautious where you are putting your monney in.
Best regards, CS Team
Greetings to you all dear members, hop you are doing great
This is daily update for March 5th, 2019
BTC dominance is currently at 51.9 % (It is down 0.7% in last 24h). The total market cap raised to $130.9 billion ($4.8 billion). The volume of the last 24h was $30.7 billion (It raised $4.8 billion).
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/AcV4l21s
3700 support perfectly in play. It did close below EMA 50 but the day after it got bought up and confirmed the power of 3700 as a support.
We played long scalp from 3730 after we spot the sign of upside momentum. Now, it all depends where the price will find resistance.
We still believe that it has chance of reaching 3550-3500 that would be dream swing long entry but until it happens we will play some scalps.
We do not expect this move up to continue above 3900. We could see one more leg up but our opinion is that it wont go above 3900.
H4 Time Frame : https://www.tradingview.com/x/rr4uJMfr
This time frame shows perfectly how out support acted very strongly and stopped further down momentum.
General market look is amazing.
LTC and BNB are doing pretty amazing. The market is looking bullish and we still think Bitcoin will test 4300-4700 monthly resistance in March and we will play our trades accordingly to that assumption.
Best regards, CS Team!
This is daily update for March 5th, 2019
BTC dominance is currently at 51.9 % (It is down 0.7% in last 24h). The total market cap raised to $130.9 billion ($4.8 billion). The volume of the last 24h was $30.7 billion (It raised $4.8 billion).
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/AcV4l21s
3700 support perfectly in play. It did close below EMA 50 but the day after it got bought up and confirmed the power of 3700 as a support.
We played long scalp from 3730 after we spot the sign of upside momentum. Now, it all depends where the price will find resistance.
We still believe that it has chance of reaching 3550-3500 that would be dream swing long entry but until it happens we will play some scalps.
We do not expect this move up to continue above 3900. We could see one more leg up but our opinion is that it wont go above 3900.
H4 Time Frame : https://www.tradingview.com/x/rr4uJMfr
This time frame shows perfectly how out support acted very strongly and stopped further down momentum.
General market look is amazing.
LTC and BNB are doing pretty amazing. The market is looking bullish and we still think Bitcoin will test 4300-4700 monthly resistance in March and we will play our trades accordingly to that assumption.
Best regards, CS Team!
Future Crypto Experts - Paid Channel
Morning dear members, I hope you are enjoying weekend and egarly waiting for new week After TRON and before Ethereum, Litecoin made some amazing moves up. Here is the chart and our analysis : http://prntscr.com/msiczx Currently, right at resistance looking…
LTC/BTC: http://prntscr.com/mtlynt
It is breaking resistance and going straight up to the target.
This looks pretty bullish!
It is breaking resistance and going straight up to the target.
This looks pretty bullish!
Lightshot
Screenshot
Captured with Lightshot
Greetings to all of you, I hope you are having an amazing day
This is daily update for March 6th, 2019
BTC dominance keeps the same value it had in the time of yesterday's update (51.9%). The total market cap raised for $0.4 billion and currently it is at $131.3 billion. The volume of the last 24h was $31.0 billion (It raised for $0.3 billion).
Technical annalysis
Bitcoin daily time frame : https://www.tradingview.com/x/X9t3SkmA
If you go through our yesterday update, you would come across our sayings where we said that 3900 can be reached but it wont be broken as it happened today when price reached 3901 and turned back down.
We played that long scalp from 3835 after series of good signs The half closed at 3899 and other half on break even, made us nice scalp profit.
Now, what next?
Our eyes are looking again at 3750 area as potential target for move down. We won't short it but wait for potential test of that area to get nice long if we get a sign.
Other coins are doing great too. If you saw our LTC update, it is going straight up to the target, Eth is going up too.
On the other side, the coin we said that is in trouble, Ripple, is not moving like the rest of the market and once the market takes a break, Ripple may lose 8000 sats as a support and turn it into a resistance.
Tron pushed by strong fundamentals went up and front run our buy orders in green support area. We wont buy it now but wait until it reaches our area. It is better to miss the coin than to enter too high.
To conclude, expected pull back in the market. We would like to see Bitcoin at 3750-3770 to check the buy signs if they develop. The area for Ethereum is 128-131.
Best regards, CS Team!
This is daily update for March 6th, 2019
BTC dominance keeps the same value it had in the time of yesterday's update (51.9%). The total market cap raised for $0.4 billion and currently it is at $131.3 billion. The volume of the last 24h was $31.0 billion (It raised for $0.3 billion).
Technical annalysis
Bitcoin daily time frame : https://www.tradingview.com/x/X9t3SkmA
If you go through our yesterday update, you would come across our sayings where we said that 3900 can be reached but it wont be broken as it happened today when price reached 3901 and turned back down.
We played that long scalp from 3835 after series of good signs The half closed at 3899 and other half on break even, made us nice scalp profit.
Now, what next?
Our eyes are looking again at 3750 area as potential target for move down. We won't short it but wait for potential test of that area to get nice long if we get a sign.
Other coins are doing great too. If you saw our LTC update, it is going straight up to the target, Eth is going up too.
On the other side, the coin we said that is in trouble, Ripple, is not moving like the rest of the market and once the market takes a break, Ripple may lose 8000 sats as a support and turn it into a resistance.
Tron pushed by strong fundamentals went up and front run our buy orders in green support area. We wont buy it now but wait until it reaches our area. It is better to miss the coin than to enter too high.
To conclude, expected pull back in the market. We would like to see Bitcoin at 3750-3770 to check the buy signs if they develop. The area for Ethereum is 128-131.
Best regards, CS Team!
Greetings to all of you, I hope you have wonderful day
This is daily update for March 7th, 2019
BTC dominance is down 0.3% since our last post and currently at 51.6%. The total market cap went up $1.9 billion and at the moment of writting it is at $133.2 billion. The volume of the last 24h dropped for $0.5 billion and sitting at 30.5 billion.
Technical analysis
Bitcoin Daily Time Frame: https://www.tradingview.com/x/AUOvyrCe
Bitcoin 4H Time Frame : https://www.tradingview.com/x/G16mrNqp
According to confluence of these two time frames, we are currently flat on BTC. This thing could go either up or down and me saying this won't help you too much.
But, what is important is the green area around 3850 that in case it holds, we can see upside move to 3900-3930 area.
The whole thing is not that bullish but because of bullish altcoin market and the fact that BTC dominance is dropping last few days, we have to take that case in consideration too.
We will wait on H4 to get bullish close that would confirm this support. If that happens, the long scalp would make sense.
In case of breaking below and closing below, we won't short it because next support is around 3810 (EMA 50 on H4) which gives us too small distance to the target that doesn't give us good risk reward.
We are more interested to see how price would act in this area around EMA 50 and in case of bullish rejection, that would be great place to take long scalp.
3750 and EMA 50 on daily would be great opportunity but at this moment it is not showing signs of potential test of this area at least not in next 12h.
No swing opportunity, just looking for small scalps until big opportunity shows up.
Best regards, CS Team!
This is daily update for March 7th, 2019
BTC dominance is down 0.3% since our last post and currently at 51.6%. The total market cap went up $1.9 billion and at the moment of writting it is at $133.2 billion. The volume of the last 24h dropped for $0.5 billion and sitting at 30.5 billion.
Technical analysis
Bitcoin Daily Time Frame: https://www.tradingview.com/x/AUOvyrCe
Bitcoin 4H Time Frame : https://www.tradingview.com/x/G16mrNqp
According to confluence of these two time frames, we are currently flat on BTC. This thing could go either up or down and me saying this won't help you too much.
But, what is important is the green area around 3850 that in case it holds, we can see upside move to 3900-3930 area.
The whole thing is not that bullish but because of bullish altcoin market and the fact that BTC dominance is dropping last few days, we have to take that case in consideration too.
We will wait on H4 to get bullish close that would confirm this support. If that happens, the long scalp would make sense.
In case of breaking below and closing below, we won't short it because next support is around 3810 (EMA 50 on H4) which gives us too small distance to the target that doesn't give us good risk reward.
We are more interested to see how price would act in this area around EMA 50 and in case of bullish rejection, that would be great place to take long scalp.
3750 and EMA 50 on daily would be great opportunity but at this moment it is not showing signs of potential test of this area at least not in next 12h.
No swing opportunity, just looking for small scalps until big opportunity shows up.
Best regards, CS Team!
Good morning dear members, I hope you are doing great
This is daily update for March 8th, 2019
Before going deeper into our update, we wish all women in crypto world Happy Women's day🌷🌹
BTC dominance is same as it was yesterday, 51.6%. The total market cap went up $0.5 billion and currently sitting at $133.7 billion. The volume of the last 24h increased for $0.7 billion and its current value is $31.2 billion.
Technical analysis
Bitcoin Daily Time Frame: https://www.tradingview.com/x/5uObbfcm
Bitcoin 4h Time Frame :https://www.tradingview.com/x/f2fAYjbZ
Series of rejectionn can't be considered as bullish. If you check out our yesterday's update, we can see us saying that we can easily see upside move to 3900-3930 which happened with price spiking to 3913.5.
All these rejections are considered bearish but as long as support is holding, you do not want to short it.
You may ask, which support?
The support marked on h4 time frame around 3850. If that's get broken and price closes below, we will see downside momentum for some time.
That's our area of interest. As long as price is above, it is bullish even though we see all these rejections. Once it closes below that area, we will probably test EMA 50 H4 and EMA 50 D1.
No swing opportunity, still doing small scalps.
Best regards, CS Team!
This is daily update for March 8th, 2019
Before going deeper into our update, we wish all women in crypto world Happy Women's day🌷🌹
BTC dominance is same as it was yesterday, 51.6%. The total market cap went up $0.5 billion and currently sitting at $133.7 billion. The volume of the last 24h increased for $0.7 billion and its current value is $31.2 billion.
Technical analysis
Bitcoin Daily Time Frame: https://www.tradingview.com/x/5uObbfcm
Bitcoin 4h Time Frame :https://www.tradingview.com/x/f2fAYjbZ
Series of rejectionn can't be considered as bullish. If you check out our yesterday's update, we can see us saying that we can easily see upside move to 3900-3930 which happened with price spiking to 3913.5.
All these rejections are considered bearish but as long as support is holding, you do not want to short it.
You may ask, which support?
The support marked on h4 time frame around 3850. If that's get broken and price closes below, we will see downside momentum for some time.
That's our area of interest. As long as price is above, it is bullish even though we see all these rejections. Once it closes below that area, we will probably test EMA 50 H4 and EMA 50 D1.
No swing opportunity, still doing small scalps.
Best regards, CS Team!
Greetings dear members, I hope you are doing great
This is daily update for March 9th, 2019
BTC dominance is currently same it was last two days, 51.6%. The total market cap went up $1.7 billion and its current valuation is $135.4 billion. The market volume of the last 24h was $35.3 billion and made an increase of $4.1 billion.
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/iWkksvfT
Current situation on BTC is kinda weird. Every bearish sign gets invalidarted and it is climbing step by step.
It is Saturday and weekly close is coming. We won't try to give analysis before its close ebcause we saw few last weeks it was changed dramatically on Sunday.
It aligns with bullish monthly and we still think March can give us test of 4300-4700 area. If weekly close like this, it could happen in next week easily but again we will try to assume what will happen after close of the weekly candle.
ALT coins are doing amazing and they are the main reason why all these bearish signs on BTC are getting invalidated. Last time, it was upward momentum on Bitmex alts (TRX,LTC and ETH) but now it is upside movement made by smaller coins usually from Binance.
At the moment, we do not have setup for BTC. Even if it is looking bullish, why FOMO in at 3920 when resistance is 3950? We went long at 3730 and 3840 both of these were closed in nice profit so why FOMO in at resistance?
Best regards, CS Team!
This is daily update for March 9th, 2019
BTC dominance is currently same it was last two days, 51.6%. The total market cap went up $1.7 billion and its current valuation is $135.4 billion. The market volume of the last 24h was $35.3 billion and made an increase of $4.1 billion.
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/iWkksvfT
Current situation on BTC is kinda weird. Every bearish sign gets invalidarted and it is climbing step by step.
It is Saturday and weekly close is coming. We won't try to give analysis before its close ebcause we saw few last weeks it was changed dramatically on Sunday.
It aligns with bullish monthly and we still think March can give us test of 4300-4700 area. If weekly close like this, it could happen in next week easily but again we will try to assume what will happen after close of the weekly candle.
ALT coins are doing amazing and they are the main reason why all these bearish signs on BTC are getting invalidated. Last time, it was upward momentum on Bitmex alts (TRX,LTC and ETH) but now it is upside movement made by smaller coins usually from Binance.
At the moment, we do not have setup for BTC. Even if it is looking bullish, why FOMO in at 3920 when resistance is 3950? We went long at 3730 and 3840 both of these were closed in nice profit so why FOMO in at resistance?
Best regards, CS Team!
Good evening dear members, I hope you are doing great
This is daily update for March 10th, 2019
BTC dominace is down 0.1% and currently its value is 51.5%. The total market is down for $0.9 billion and its current valuation is $134.5 billion. The market volume of the last 24h was $30.5 billion and it dropped for $4.8 billion since our last update.
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/k9uoKYDs
Bitcoin Weekly Time Frame: https://www.tradingview.com/x/TjuIkMRd
It will be very interesting to see how weekly will be closed. Currently at resistance.
Being at resistance doesn't mean it will be rejected but buying now doesn't make sense. Either wait for pullback to get better entry or wait for breakout and buy on retest or on some kind of pullback.
Today was pretty low volatile day without opportunity even for scalps.
Looking at ETH and LTC that decided last few BTC moves, we can see impact of resistance.
LTC is currently at resistance too, ETH/BTC hit resistance and declined so being bullish doesn't make too much sense at least looking at charts.
Wait for either breakout or drop to get better entry.
One more time, monthly still shows momentum for 4300 at least but no triggers on lower time frames (D1) so far for this target.
That's the main reason why we are looking at long entry but we wont long at resistance without big sign.
Best regards, CS Team!
This is daily update for March 10th, 2019
BTC dominace is down 0.1% and currently its value is 51.5%. The total market is down for $0.9 billion and its current valuation is $134.5 billion. The market volume of the last 24h was $30.5 billion and it dropped for $4.8 billion since our last update.
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/k9uoKYDs
Bitcoin Weekly Time Frame: https://www.tradingview.com/x/TjuIkMRd
It will be very interesting to see how weekly will be closed. Currently at resistance.
Being at resistance doesn't mean it will be rejected but buying now doesn't make sense. Either wait for pullback to get better entry or wait for breakout and buy on retest or on some kind of pullback.
Today was pretty low volatile day without opportunity even for scalps.
Looking at ETH and LTC that decided last few BTC moves, we can see impact of resistance.
LTC is currently at resistance too, ETH/BTC hit resistance and declined so being bullish doesn't make too much sense at least looking at charts.
Wait for either breakout or drop to get better entry.
One more time, monthly still shows momentum for 4300 at least but no triggers on lower time frames (D1) so far for this target.
That's the main reason why we are looking at long entry but we wont long at resistance without big sign.
Best regards, CS Team!
Greetings dear members, I hope you are doing amazing
This is daily update for March 11th, 2019
BTC dominance is up 0.1% and currently its value is 51.5%. The total market cap is down $1.8 billion and its current valuation is $132.7 billion. The market volume of the last 24h was $31.8 billion and made an increase of $1.3 billion.
Binance System Upgrade
https://support.binance.com/hc/en-us/articles/360024825992
Binance will perform a scheduled system upgrade starting at 2019/03/12 2:00 AM (UTC). The upgrade will take approximately 8 hours.
Looking back at the last 3 updates we saw dump in BTC price and overall market was following.
We firmly believe that last upside momentum in BTC was fuelled by upside movement on Binance alts, mainly by BNB that caused other walts to follow too.
While Binance is going to be down, we think big move could happen and we give more chance to the downside than the upside not because of past but because Binance was leading recent up moves.
Technical analysis
Bitcoin Daily Time Frame: https://www.tradingview.com/x/7ayEKElg
Bitcoin is still in the range. After closing on weekly resistance, we saw impact of that resistance represented
throughout the decline we saw today.
We expect to see Bitcoin going deeper down to at least EMA 50 one more time or even to touch the lower band of this range.
It is very interesting to see what will happen once Binance goes down. We would suggest you to be careful because this is fundamental that could cause random move so if you are in a trade, be sure that stop loss is not too far to avoid being filled even further from your entry.
This fundamental event may cause BTC to leave range and we can see increase in volatility that would bring swing opportunities to the table which is something we are looking for.
Best regards, CS Team
This is daily update for March 11th, 2019
BTC dominance is up 0.1% and currently its value is 51.5%. The total market cap is down $1.8 billion and its current valuation is $132.7 billion. The market volume of the last 24h was $31.8 billion and made an increase of $1.3 billion.
Binance System Upgrade
https://support.binance.com/hc/en-us/articles/360024825992
Binance will perform a scheduled system upgrade starting at 2019/03/12 2:00 AM (UTC). The upgrade will take approximately 8 hours.
Looking back at the last 3 updates we saw dump in BTC price and overall market was following.
We firmly believe that last upside momentum in BTC was fuelled by upside movement on Binance alts, mainly by BNB that caused other walts to follow too.
While Binance is going to be down, we think big move could happen and we give more chance to the downside than the upside not because of past but because Binance was leading recent up moves.
Technical analysis
Bitcoin Daily Time Frame: https://www.tradingview.com/x/7ayEKElg
Bitcoin is still in the range. After closing on weekly resistance, we saw impact of that resistance represented
throughout the decline we saw today.
We expect to see Bitcoin going deeper down to at least EMA 50 one more time or even to touch the lower band of this range.
It is very interesting to see what will happen once Binance goes down. We would suggest you to be careful because this is fundamental that could cause random move so if you are in a trade, be sure that stop loss is not too far to avoid being filled even further from your entry.
This fundamental event may cause BTC to leave range and we can see increase in volatility that would bring swing opportunities to the table which is something we are looking for.
Best regards, CS Team
Good morningn dear members, I hope you are doing great
This is daily update for March 12th, 2019
BTC dominance has same value it had yesterday in the time of our update of 51.5%. The total market cap is up $0.8 billion and its current valuation is $133.5 billion. The market volume of the last 24h was $31.9 billion, $0.1 bigger than a day ago.
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/tudFnjcz
These updates are becoming boring since Bitcoin is still in the range and any prediction would be more like a guessing.
Yeah, scalps could be played and we are playing them but more than that is too risky in this range.
So for Bitcoin we are still flat in general until it leave the range.
Looking at altcoins, Litecoin is the one that may give us swing opportunity. Looking at Ethereum, it is still flat and showing same price action as Bitcoin, there isn't big difference between these two.
On Litecoin, we are looking for one stop run on shorts and fake up move and once it happens and price shows that weakness, we will start shorting since we expect meltdown in price in upcoming days/weeks.
At the moment, Litecoin is the only that shows potential for swing setup. Once it develops we will let you know.
Best regards, CS Team!
This is daily update for March 12th, 2019
BTC dominance has same value it had yesterday in the time of our update of 51.5%. The total market cap is up $0.8 billion and its current valuation is $133.5 billion. The market volume of the last 24h was $31.9 billion, $0.1 bigger than a day ago.
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/tudFnjcz
These updates are becoming boring since Bitcoin is still in the range and any prediction would be more like a guessing.
Yeah, scalps could be played and we are playing them but more than that is too risky in this range.
So for Bitcoin we are still flat in general until it leave the range.
Looking at altcoins, Litecoin is the one that may give us swing opportunity. Looking at Ethereum, it is still flat and showing same price action as Bitcoin, there isn't big difference between these two.
On Litecoin, we are looking for one stop run on shorts and fake up move and once it happens and price shows that weakness, we will start shorting since we expect meltdown in price in upcoming days/weeks.
At the moment, Litecoin is the only that shows potential for swing setup. Once it develops we will let you know.
Best regards, CS Team!
Forwarded from Future Crypto Experts - Paid Channel
XLM/BTC : http://prntscr.com/mxhujj
I would like to be wrong but latest Coinbase listing looks very suspicious.
After XLM broke support violently it is getting spiked up to the major resistance with fundamentals. If price starts to going down, it would be the clearest sign of manipulation that is happening in crypto market.
Why is this suspcious?
It broke support and dropped without any retest showing clear weakness. It was the expected especially considering weakness in Ripple's price action and we all know that these two are going usually together.
If this is some Bitmex alt, it would be shorted heavily by technical traders because it shows clear example of broken structure and retest which is one of the favourite and most profitable setups. The fact that there are no short sellers is the only hope for this coin to survive and overcome this resistance.
Considering buy the rumour, sell the news, after this news release that spiked directly to main resistance, we would not suggest buying this coin.
Two areas to consider buying are all the way down at 1500 sats or if some miracle happens and we see breakout, then you can consider buying at the retest of current resistance.
Let's see what future brings but if this coin drops after this update, it will be the biggest proof of manipulation where whales took fundamentals as a tool to dump their bags.
Looking at this chart, it is clear that even if we see BTC testing 6k, it would be nothing but perfect short entry because it would be place where those who were buying 6k bottom will try to sell their bags and also short sellers (technical traders) will take piece of cake.
Bitcoin has to go to 8-9k to 'end' bear market and then buy on 6-7k support. Everything else is nothing but sideways market with bearish sentiment.
Best regards, CS Team
I would like to be wrong but latest Coinbase listing looks very suspicious.
After XLM broke support violently it is getting spiked up to the major resistance with fundamentals. If price starts to going down, it would be the clearest sign of manipulation that is happening in crypto market.
Why is this suspcious?
It broke support and dropped without any retest showing clear weakness. It was the expected especially considering weakness in Ripple's price action and we all know that these two are going usually together.
If this is some Bitmex alt, it would be shorted heavily by technical traders because it shows clear example of broken structure and retest which is one of the favourite and most profitable setups. The fact that there are no short sellers is the only hope for this coin to survive and overcome this resistance.
Considering buy the rumour, sell the news, after this news release that spiked directly to main resistance, we would not suggest buying this coin.
Two areas to consider buying are all the way down at 1500 sats or if some miracle happens and we see breakout, then you can consider buying at the retest of current resistance.
Let's see what future brings but if this coin drops after this update, it will be the biggest proof of manipulation where whales took fundamentals as a tool to dump their bags.
Looking at this chart, it is clear that even if we see BTC testing 6k, it would be nothing but perfect short entry because it would be place where those who were buying 6k bottom will try to sell their bags and also short sellers (technical traders) will take piece of cake.
Bitcoin has to go to 8-9k to 'end' bear market and then buy on 6-7k support. Everything else is nothing but sideways market with bearish sentiment.
Best regards, CS Team
Lightshot
Screenshot
Captured with Lightshot
When it is clear sideways market, the best option is to stay flat and wait.
Waiting is also trading.
https://www.tradingview.com/x/P05z2yoA
Both sides were shaen out, it is time to see what will happen next. The price action looks a little bit more bearish than bullish at the moment.
Waiting is also trading.
https://www.tradingview.com/x/P05z2yoA
Both sides were shaen out, it is time to see what will happen next. The price action looks a little bit more bearish than bullish at the moment.
Greetings all members, we hope you are doing great
Technical analysis
Bitcoin Daily time frame : https://www.tradingview.com/x/XFPfoZ4z
We got bullish confirmation and we do believe upside momentum is coming to fulfil monthly expectations and reach 4300-4700.
Yeah, we are still below 4000 but that's the only resistance that stop price to reach 4300-4700 (monthly resistance).
Move belove yesterday's liquidity low would invalidate this theory.
It was clearly bought up yesterday, shaking off a lot of spop loss orders which means that there is no liquidity pool below that would cause major spike to the downside.
Best regards, CS Team!
Technical analysis
Bitcoin Daily time frame : https://www.tradingview.com/x/XFPfoZ4z
We got bullish confirmation and we do believe upside momentum is coming to fulfil monthly expectations and reach 4300-4700.
Yeah, we are still below 4000 but that's the only resistance that stop price to reach 4300-4700 (monthly resistance).
Move belove yesterday's liquidity low would invalidate this theory.
It was clearly bought up yesterday, shaking off a lot of spop loss orders which means that there is no liquidity pool below that would cause major spike to the downside.
Best regards, CS Team!
Good evening dear members, we hope you are doing great
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/1XmwpGkk
Bitcoin on resistance. We keep our Ethereum long opened yesterday at 132.
This was move on Saturday and the fact that last couple of moves on Saturday was invalidated right next day, we would wait for weekly close for opening trade on BTC.
At the moment, we do not want to long BTC as long as it is below 4100 (weekly resistance).
We will keep our ETH long with stop loss above entry and look how price acts tomorrow.
Best regards, CS Team!
Technical analysis
Bitcoin Daily Time Frame : https://www.tradingview.com/x/1XmwpGkk
Bitcoin on resistance. We keep our Ethereum long opened yesterday at 132.
This was move on Saturday and the fact that last couple of moves on Saturday was invalidated right next day, we would wait for weekly close for opening trade on BTC.
At the moment, we do not want to long BTC as long as it is below 4100 (weekly resistance).
We will keep our ETH long with stop loss above entry and look how price acts tomorrow.
Best regards, CS Team!