Our eyes are on this price level marked on the chart (0.031 BTC).

To enter long, we need price to go 3-5% from this area and form some strong bullish sign.

We won’t short this but if we close below this area, we will wait for price to reclaim it and then take long.

Here is a little sneak of our paid channel. Today we had an amazing setup but entry was missed for less than $5.

Totally transparent, we missed entry but found amazing setup and next one will have better timing.

Onto the next one ...

Let’s do new Q&A

Send your questions to @CryptoSignalsAdmin and I will pick this time 3 of them and here in the channel.

Let’s start it!

1) When u have a $1000 account and want to depend on your signals, is it possible to double the account within a month?

If I would like to take your money, I would say Yes but the real answer depends on you.

I have very different trading approach from the rest. I am Bitcoin maximalist and I do believe in its future rise and that’s why I focus on growing more Bitcoin and I would not take big risk that will endanger my holdings because losing at the moment couple of hundreds may be couple of thousands in near future.

It means I take high probability trades when the happen. It may take couple of day even weeks for them to happen. That’s my personal style.

But for the group I do also day trading setups where I analyse intraday price action and give high probability setups.

My focus is giving you setups with profitable risk-reward because that’s all I can do. If I send you setups that make 20R a month, your risk limit per trade will decide how much you will make. If you risk 1% per trade, then your profit will be 20%. If you risk 5% per trade, you will make 5 times more, 100%.

So my focus is sending high probabbility setups with nice risk reward and it is up to you to decide what risk you will take on these setups.

So if you will risk 5-10% per trade, then it is possible but that’s not the risk I use and suggest others to do.

Hope it helps!

2) Hey there, where do you think a newbie should start? What are the logical steps a newbie should take to get a good grip of basic understanding of crypto trading?

I think newbies has to invest in crypto by buying Bitcoin and splitting part of the investment in Ripple and Ethereum. By doing this you are making sure that you are not missing out on this technology and money revoluition.

Then you have to start reading about trading and in the same time saving money for your first trading deposit. It should be the money you can afford to lose and different from those you put in BTC/ETH/XRP.

Then once you made your first deposit, you need to decide your goal. Growing BTC amount of USD amount. Once you make that decision, start with higher time frames suchs as weekly and not going below daily time frame. So you start as a swing trader and slowly getting the grip.

This will aslo allow you to have time for your other occupations while trading. If you see that trading is for you and that you are performing well, you can start adding more until your monthly profit exceeds 3 times your monthly salary. Then you can start thinking of leaving 9-5 and becoming full-time trader.

Hope it helps

3) Whats your idea about bitcoin in jan 2020?

I won’t try to pretend that I have crystal ball but you do not have to be very smart to see where we are heading. Once we pass $15k, new all time is coming with first target at $25k.

That’s all I can say from technical point of view and I would not like to specify any date because I would be guessing which is not the way investing/trading should be done.

4) Tesos... thoughts? I have a buy set for 1 USD

This coin was pumped by random Twitter “influencers” that claim that this coin has the value.

I didn’t make my own research but looking on the volume, I can see this coin has not that big volume so it can be pumped easily by couple of tweets.

So be careful when buying pumped coins and make sure to have exit plan in case it goes against you because it can easily fully retrace to the beginning of initial pump and go even lower.

Looking at Tezos/BTC pair, one line is enough to describe current situation. Close below line will trigger selloff of 20-30% at least.

Looking at Tezos/USD pair I would place buys in the area between $0.9 and $1.0 if I were you. But since I do not like the reason it went up, I am not interested in trading this coin.

Hope it helps

5) How to join premium membership?

Initial paid channel was priced at $1000 and we closed it when we reached 500 members.

It is not opened at the moment but it will be in near future.

We are adding new features to the content of our channel and after testing with existing members, we will reopen the channel for new members.

We will change the price and membership duration. We had only lifetime membership but now we will have with monthly and yearly membership for new members.

If you are interested in joining, you can send us message to @CryptoSignalsAdmin and secure your spot once we start again because we will have again limited number of spots so we can provide value to every member equally without neglecting anyone.

We said 3 but we shared 5 answers. Thank you all for reaching out. Back to chart work and new setups for our paid and free members.

Hope this Q&A was helpful and insightful. Let me know your opinion @CryptoSignalsAdmin.

Enoy the rest of day, Crypto Signals Admin!

Yesterday our setup get frontrunned by less than $5 and dropped $250. Then we saw pullback straight to our area and massive drop of $800.

Yeah, market is extremely bullish and move from $3500 was amazing but it does retrace and we are very proud to be one of the rarest that suggested our members to look for short side.

The first weekly support we mentioned yesterday (8200) got taken out as we get daily closure below.

As long as BTC stays below this broken support, the target will be next support at 7300.

All setups you are going to take has to be in correlation with this apporach.

The daily closure back above weekly level will invalidate this trend direction and new setup has to be formed.

Hope it was clear and understandable to everyone.

The move down didn’t only lose 8200 horizontal level is support but it lost support formed by the trendline and formed first lower low after series of consecutive higher lows that were formed previously.

Let’s do tonight something that will become part of our weekly schedule.

Send the coins you want me to analyse to @CryptoSignalsAdmin and I will share deep technical analysis for 5 of them.

#TechnicalEvening

1) BNB

A lot of hype, hype, and hype. I am not ignoring the value it has. The fact that Binance is #1 exchange says enough but let’s forget about the things that happened in the future and analyze the coin we have today at the price it has today.

To make 100% it has to reach $9 billion market cap and overtake coins like Litecoin or Bitcoin cash. Not saying it is impossible but do the math and let me know the results you get.

To do 5x it has to overtake Ripple and almost Ethereum. Do you think it is possible?

I think this comparison is enough for you to realize where to coin is right now. Yeah, it made an amazing move up but let's just be realistic. It can go up but the potential is very limited.

If I have BNB, I would take risk off and sell at least 50% of coins instantly. At least.

If I do not have BNB, I would not buy it because I do believe the market is not only BNB and that there is a lot of more coins that are still cheap with chances to make 3-5x easily while this potential for BNB is let’s say not likely to happen (don’t like to use word impossible but I think this would be great time to break this rule).

If this trend line gets broken and we lose this horizontal area of support, I would really question holding BNB.