BTC market update 24.08.2018 Hello Everyone, Bitcoin Is currently trading at $6479 up with a small spike from the levels today. As we outlined in our last update there is a dangerous bear flag forming on daily BTC charts. That bear flag targets $5000 (!) area if It plays out! We are currently in a strong support consolidation area, markets are extremely choppy...
Short or just SELL iOT to rebuy cheaper around support.
A lot of bearish patterns lined up for eth. If the head and shoulders has a confirmed breakout below the neckline, target for this pattern is $255. Three black crows also shows that currently sellers are in complete control of ETH USD pair. Safe trading.
BTC plummeted again touching the longterm support from the february lows. We witnessed ATL for 2018 for most of the alts. In this bear market for most of them the complete bottom was reached. So the time for buying was short lived and most alts already recovered a good % of their price. What follows next? Our analysts have been observing the market and the next...
Rising wedge on 4H ETP/USD chart. Bearish divergencies on daily and weekly. uptrend is weakening. Time to start building a short position, targeting atleast 0.618 levels at $2.43.
BNB coin reached a critical level of 18700 sats after a hard bounce back from 14500. if it doesnt break here above 19000, then we are forming a bearish head and shoulders pattern that will take the coin back to support levels.
As a continuation from the last market update, bitcoin and the whole cryptocurrency market went through severe losses the past few days. Even though a lot of technical indicators were pointing and signalling buys at $6450 levels, we warned you that once $6800 support broke, hedging and shorting would be the best options to protect your capital in the massacre of...
Once again Bitcoin is approaching a critical level based on our previous analysis. The Golden ration number from our previous call at $6815 is within reach. Now we stated numerous times it is a very key level on the trend bitcoin will be taking now. If this level holds which is our assumption, we will be heading up to test previous highs and also new resistance...
some bullish signs on ETH BTC. Are we up for a small bounce?
OMG just like most alts is crashing ling hell. One of the best cryptos on the market is going to hit all time lows again. On the chart the bearish trend is very strong. We notice a M pattern forming which might be hitting the supports soon. A bounce should take us to previous broken base at 115000. Shorting is possible here and for the long we recommend a...
As indicated on the chart today we broke the key support zone. Next key levels for eth are $365-352 by the green rectangle. $410 will turn into a resistance
BTC Update 01.08.2018 During past two days we saw an unexpected by many Bitcoin Sell off. We lost the key support at $7600 that turned into resistance. Yesterday we spotted a suspicious whales activity trying to form the monthly bullish engulfing candle at $7777 key level. They managed to do it but immediately after monthly close, btc saw another...
BTC Update 31.07.2018 What is happening to Bitcoin? Earlier today we witnessed a dump in BTC price down to below $7700 support levels. Just a few minutes ago we noticed a huge change in the orderbooks of bitfinex. Someone or a group of big whales have put a tremendous amount of buy orders at $7770 levels. The exact amount of buys remains unnoticed but the...
BUY ALERT: Basic Attention Token – The sleeping Giant? BAT or Basic Attention Token was one of the early ICOs of 2017, set a record of one of the fastest sales on a fully diluted basis. The token itself represents a utility token that can be used to pay for ads on the web browser Brave. Also in the future users of Brave will be able to receive BAT tokens in...
BTC Update 25.07.2018 As we predicted in our previous update, BTC went to as high as $8500, current bullish momentum is very high. Right now after the huge run from $6300 to $8500, our team believes we are overdue for a retracement. BTC had a pullback to $8073 and bounced back a little. We have monitored the orderbooks on bitfinex exchange and noticed that...
BTC formed a falling wedge, please see how it could play out.