Crypto Signals via @vote
What’s your opinion on Bitcoin?
anonymous poll
I’m bearish – 180
👍👍👍👍👍👍👍 45%
I’m bullish – 157
👍👍👍👍👍👍 39%
I’m neutral – 62
👍👍 16%
👥 399 people voted so far.
anonymous poll
I’m bearish – 180
👍👍👍👍👍👍👍 45%
I’m bullish – 157
👍👍👍👍👍👍 39%
I’m neutral – 62
👍👍 16%
👥 399 people voted so far.
Whenever there’s a move on Bitcoin, I look at it on a higher timeframe to see if it’s causing a change in the structure or not because that’s what I use to see if there ann opportunity for trend continuation and the trade with that direction.
In this case, Bitcoin is still trapped inside this area and yesterday’s move up did nothing but tested the mid point of that range (TP1).
Bitcoin seems to wait for the next big fundamentals to cause the break from this range in either direction.
Yesterday’s move up was fuelled up by rumor about PayPal starting to allow their customers to buy Bitcoin directly.
If that becomes available, it will be huge for Bitcoin and so many people will firstly get in touch with Bitcoin and have easy access to buy it.
In this case, Bitcoin is still trapped inside this area and yesterday’s move up did nothing but tested the mid point of that range (TP1).
Bitcoin seems to wait for the next big fundamentals to cause the break from this range in either direction.
Yesterday’s move up was fuelled up by rumor about PayPal starting to allow their customers to buy Bitcoin directly.
If that becomes available, it will be huge for Bitcoin and so many people will firstly get in touch with Bitcoin and have easy access to buy it.
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After Bitcoin reached our short trade target shared in our Premium channel, it’s time to look for next trade setup.
Since it didn’t give the proper entry point, I ended up with small short position which happened to premium members as well.
Some of them also missed the entry which is pretty fine and that happens as well but the problem no one has the courage to talk about missed trades, bad picks, failures and so on.
Trading is not what 99% people is advertising to you because all they want is you sending them the money and that’s it.
That’s why they will nnever share losing trade, missed trade or anything that will ruin their reputation. And those things are inevitable part of trading journey 🤷♂️.
Anyway, on to the next trade setup looking for another great risk to reward trade.
If you want to be part of my Premium Channel, reach out to @CryptoSignalsAdmin.
Since it didn’t give the proper entry point, I ended up with small short position which happened to premium members as well.
Some of them also missed the entry which is pretty fine and that happens as well but the problem no one has the courage to talk about missed trades, bad picks, failures and so on.
Trading is not what 99% people is advertising to you because all they want is you sending them the money and that’s it.
That’s why they will nnever share losing trade, missed trade or anything that will ruin their reputation. And those things are inevitable part of trading journey 🤷♂️.
Anyway, on to the next trade setup looking for another great risk to reward trade.
If you want to be part of my Premium Channel, reach out to @CryptoSignalsAdmin.
Forwarded from Crypto Signals Premium Channel
Even though higher timeframes are flat and there are no signs of bigger moves which will happen sooner or later, on lower timeframes this is what I’m looking for.
Short trade entry at the retest of the TP1 that we would hold to low 9k area (possibly even lower depending on how it unfolds).
Short trade entry at the retest of the TP1 that we would hold to low 9k area (possibly even lower depending on how it unfolds).
Big move on Bitcoin is right behind the corner.
One of the biggest contract expiration is coming in less than 24h which will definitely be a trigger for next market move.
Everything can happen, move up or down.
I give move down a little bit more chances because of world fundamentals and correlation with other markets.
Coronavirus news is heating up again and next wave seems to be right behind the corner.
One of the biggest contract expiration is coming in less than 24h which will definitely be a trigger for next market move.
Everything can happen, move up or down.
I give move down a little bit more chances because of world fundamentals and correlation with other markets.
Coronavirus news is heating up again and next wave seems to be right behind the corner.
Be careful if you are opening longs right now because if Bitcoin loses support in this blue area, we can see a quick move below $8k right to the support.
This range worked many times and people used to it so I’m pretty sure the end is close, the question is just in which direction.
Currently, it looks bearish and a move down is expected.
This range worked many times and people used to it so I’m pretty sure the end is close, the question is just in which direction.
Currently, it looks bearish and a move down is expected.
Ethereum sits at support but if you decide to long, do it with very, very tight stop loss because downside potential is huge.
ETH can drop $50 and nothing will drastically change if it bounces back above $200.
Be aware of the risk because if you place a wide stop loss, due to a huge amount of longs, it can be executed way, way lower and instead of risking 2-3% of your account you can lose 2-3 times of that risk.
Be careful!
ETH can drop $50 and nothing will drastically change if it bounces back above $200.
Be aware of the risk because if you place a wide stop loss, due to a huge amount of longs, it can be executed way, way lower and instead of risking 2-3% of your account you can lose 2-3 times of that risk.
Be careful!
Crypto Signals via @vote
Bitcoin is …
anonymous poll
Bearish – 190
👍👍👍👍👍👍👍 44%
Bullish – 153
👍👍👍👍👍👍 35%
I have no idea – 88
👍👍👍 20%
👥 431 people voted so far.
anonymous poll
Bearish – 190
👍👍👍👍👍👍👍 44%
Bullish – 153
👍👍👍👍👍👍 35%
I have no idea – 88
👍👍👍 20%
👥 431 people voted so far.
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Bitcoin's higher timeframe range continues but we need to step down to lower timeframes trying to find the next trade setup.
The pink area was an important point in this range and because of that, the price below this area targets the bottom of the range (blue area) while the price above that area targets firstly TP1 and ultimately the top of the range (red area).
Very confusing time to trade with moves in each direction and it is very hard to target any of these areas in a straight move. It has to be done in steps and when your trade end up in profit, make sure to take profit or part of it because it can easily come back to your entry point easily.
Waiting for clear trend in the market!
The pink area was an important point in this range and because of that, the price below this area targets the bottom of the range (blue area) while the price above that area targets firstly TP1 and ultimately the top of the range (red area).
Very confusing time to trade with moves in each direction and it is very hard to target any of these areas in a straight move. It has to be done in steps and when your trade end up in profit, make sure to take profit or part of it because it can easily come back to your entry point easily.
Waiting for clear trend in the market!
Current number of #BTC addressed that are holding at least:
$1 USD: 22.2 million
$10 USD: 15.4 million
$100 USD: 7.7 million
$1,000 USD: 2.9 million
$10,000 USD: 700,000
$100,000 USD: 170,000
$1,000,000 USD: 13,000
The community is growing, more and more people are getting interested in the world of cryptocurrency 🚀
$1 USD: 22.2 million
$10 USD: 15.4 million
$100 USD: 7.7 million
$1,000 USD: 2.9 million
$10,000 USD: 700,000
$100,000 USD: 170,000
$1,000,000 USD: 13,000
The community is growing, more and more people are getting interested in the world of cryptocurrency 🚀
Crypto Signals
Bitcoin's higher timeframe range continues but we need to step down to lower timeframes trying to find the next trade setup. The pink area was an important point in this range and because of that, the price below this area targets the bottom of the range…
Bitcoin is being rejected from a very important point in the range!
As I said yesterday, Bitcoin above the pink area which proved to be very important in the past is bullish with targets at TP1 and red area.
On the other side, Bitcoin below the pink area targets the blue area and it’s currently on the way to that area.
As I said yesterday, Bitcoin above the pink area which proved to be very important in the past is bullish with targets at TP1 and red area.
On the other side, Bitcoin below the pink area targets the blue area and it’s currently on the way to that area.
Bitcoin Cash is hitting new all-time lows 📉
In my opinion, it’s just a question of time when this project is going to hit zero and officially fail.
The core idea behind this project is not aligning with the idea of Bitcoin creator, Satoshi Nakamoto.
And not, this is not my opinion but an official opinion from an email address that’s associated with Satoshi Nakamoto that was talking about the coin that preceded Bitcoin Case, Bitcoin XT. It was a fork of Bitcoin in 2015 that had the same idea that is currently behind Bitcoin cash and that project failed miserably after gaining some interest at the beginning.
In my opinion, it’s just a question of time when this project is going to hit zero and officially fail.
The core idea behind this project is not aligning with the idea of Bitcoin creator, Satoshi Nakamoto.
And not, this is not my opinion but an official opinion from an email address that’s associated with Satoshi Nakamoto that was talking about the coin that preceded Bitcoin Case, Bitcoin XT. It was a fork of Bitcoin in 2015 that had the same idea that is currently behind Bitcoin cash and that project failed miserably after gaining some interest at the beginning.