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The truth about how to maneuver Bitcoin downtrends...I think there are alot of misconceptions about the way that Bitcoin affects alt-coins. There is a reason why Bitcoin is in a category of its own. I see alot of words that only speculate a difference between Bitcoin and the altcoins. I am here to tell you to stop speculating. There are few things in the crypto market that we know for sure are true, so I think we should use these constants to our advantage. I am telling you beyond a shadow of a doubt that any and all cryptos or tokens will be affected negatively during a Bitcoin downtrend. There is no 'safe space' , if you don't know how to short you need to cash your coin out to tether, because all coins will be affected negatively by a Bitcoin downtrend. Proove me wrong.
by EchoPhoenix
PSG/USDT Opened for Trading in BINANCE - FAN TOKENSPSG(Paris Saint-Germain) Recently launched its first FAN TOKEN ! And not only this, but the most exciting news is that it was also listed in BINANCE, the largest crypto exchange system in the world! Other European fan clubs have already created their own version of a decentralized crypto token and their prices and movements can be checked here . But why I believe PSG(Paris Saint-Germain) is going to overcome the others and this is so relevant? For those who are following up what is going on with the Crypto world, we see a huge movement after ETH launched its 2.0 network based on the Proof of Stake (PoS) model. DeFi is the buzzword that is going to drive the new generation of blockchain technologies. We are not bullish in cryptos because of the cheap BTC marketers are back saying it is gold. No! We are bullish because ETH is evolving and becoming more energy-efficient. Blockchain is not what we learned at the beginning. As a "cryptography" model to make transactions more safe, it's now "obsolete". Anyone can copy the same model and make new "digital gold" for themselves. But what we see now is the Tokenization of Money (read more about Decentralized Finance or DeFi ). So, for those who want to take their chances trading something it is gonna be really useful and fun, try trading PSG/USDT in the next months. I believe it's price is going to reach $50 very soon. Watch it!
Long
by agbarbosa
4
GRT-2h. Sellers are still weak.The GRT token , recently launched on the cryptocurrency market, has grown by 2,500% since December 17. The active phase of token purchase ended on December 19. Then the purchase was made by inertia. This is confirmed by the volume of trades, which decreased proportionally. Now the GRT price is moving in a falling channel. The main liquidity of the token is located in two price zones. The first is $ 0.45-0.5. The nature of the fall does not look aggressive . Moreover, trading volumes during the fall are lower than during the rise. This fact indicates a high probability of completion of the short-term trend of falling and re-test $0.69. If buyers do not keep the $0.45-0.5 range , we do not recommend buying this token above the $0.235-0.257 range. _____________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
4
YFI. We are waiting for correction continuation at $9250-9750.Our pessimistic forecasts regarding the YFI fall came true. After we published the previous idea , a two-week fall began without corrections. The price decreased by more than $17,000, or in 2.5 times, the fall was about 60%. As soon as the price reached the red zone, there was a rebound, which is now 50%. Just phenomenal volatility) Now the price is in the critical range $19,000-21,000. From this range, in case of positive news absence, we expect a new wave of fall in the range $9250-9750. Of course, now it sounds like unrealistic numbers and everyone is already tuned in to see the historical high update ... Well, we are ready for criticism and will gladly talk with you in the comments! _________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
3
ATOM 12h. The range $4.3-4.4 beckons!ATOM's rapid rebound from March 2020 gave the token a new historical high $8.9. Buyers managed to fix this mark on 24 August. The token active growth began in fact from the beginning of July. For two months, buyers confirmed their faith in the coin by their volumes. We would like to note the range $5.5-5.75, where the price obviously slowed down both during the growth to $8.9 and during the fall. At the moment, the token is being corrected. Sellers managed to lower the price below $5.5-5.75. This fact is the first signal that the fall will continue. Now we are seeing buyers try to change the course of events. During the previous attack by sellers, buyers kept the trend line. However, now their buy-out looks uncertain . Considering that we expect a total fall in the entire crypto market, the main scenario for us is short. The first zone where we expect ATOM to fall is $4.30-4.40. There we will need to analyze candles and volumes and look at price behavior. The above scenario will be canceled if the price fixes above 6.06. Then ATOM will delight its investors by the growth continuation to $7.22.
Short
by P_S_trade
2
SXP. 12h. Critical point $1.65.SXP. Positive news are enough for the fundamental growth of the token. And if everything goes well in the crypto market, then the SXP token can first grow to $1.65. This mark will be decisive, and will tell the price where to move further. If the news background continues to delight with positive and effective news, the SXP token may continue to grow to $2.65. However, if bears will capture the crypto market dominance, then the SXP token will NOT get away from the fall. Below $1.10 sellers' zone . Having fixed below this level, sellers will be able to extend the fall to $0.61. We will keep an eye on this token! Have a profitable week! ______________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
2
SUSHI.12h. Final target is $0.38Since our last Sushi analysis , its price has decreased by 4 times (or fell by 75% from $2.45 to $0.55). Our first target has been achieved. The prospect for buyers is still disappointing. DeFi coins fall a lot. Pay attention that this fall occurs while $BTC is still afloat. Therefore, we expect that the next target $0.38 for Sushi will also be reached. A small rebound to $0.85-0.86 is possible , but $0.38 will still pull towards itself. In the previous idea, we advised you to be careful with this coin and we hope you took advantage of this advice. ____________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
2
Trading TOKENS #2Update to the previous ideas after black swan (coronavirus): 1. you could get DTR at ICO price, even bellow, for a short time period, for a high ROI or lower trading fees on the next generation platform 2. price is still above 0.0115 USD, longer term bullish support, but it did close bellow on a weekly chart and is now in neutral range above 0.01 USD 3. last wave 116.90% retracement, after a lower high, it made a lower low, which makes a short term bear range, but it expected to stay above ICO price, that is 0,013 USD at the time of the writing tradingtokens.net
D
by blockchain48
EOS the Chestahedron Abundance Coin Dual chart [BTFD]So we been giving big props to EOS recently our first buy signal was at $5/6 and now peaked at $23, hope u took profits and looking to get in again EOS has smashed away from bitcoins grasp in last few months but started to take shape back within the kings reach.... looking for best re-entry using the fibs and gann fans for me EOS is like ETH last year when it was still under $10 and with ICO finishing in July it was have a huge market cap and has great press, recently an article in Forbes! if you dont wanna get stinky rich this year then simply dont buy EOS! really easy lol but i prefer to do things backwards :) im buying all the way down with EOS and riding all the way up to over $200 and beyond, EOS's mcap could make bitcoin and other alts look quite small when we get into just three figures... trade smart, join our telegram chatroom with ZERO pump spam :)
Long
by majorlee
4