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Best crypto signals and crypto market analysis.
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If btc stays above 6550 on GDAX, Bitstamp then market will be start a new cycle.It will fetch out the long accumulation amd we might not see pullbacks further
πŸ“―#EOS long
πŸ“―Buy around 8255
πŸ“―Stop loss: 8100

πŸ“―Target 1: 8275
πŸ“―Target 2: 8310
πŸ“―Target 3: 8360

πŸ“―Leverage 20
πŸ“―Yesterday’s big bounce has been sustained today and markets are holding their gains at the moment. The rally added over $20 billion into crypto markets initially however a pullback has seen levels drop a little. Total market capitalization is currently over $210 billion.

Bitcoin has retreated a little from its daily high of almost $7,000 and is currently trading at $6,650 – the level it remained at for so long previously. BTC trade volume which exceeded $7 billion on the day has pulled back to $5.8 billion which is still almost double the $3 billion it was at 48 hours ago. Ethereum has dropped back 2% to trade at just over $210, showing a similar pattern to Bitcoin.

Altcoins are a mixed bunch this morning with some pulling back and others continuing to gain. In the top ten XRP and Stellar are in the green by a percent or two, the rest have declined by a similar amount. Following a day of Tether being the only coin in the red, USDT is clawing back its peg as it approaches a dollar again. It is currently trading at $0.975 according to Coinmarketcap.

Take it easy and smooth gentlemen, yours paradise teamπŸ’Έ
πŸ“―#BCH long

πŸ“―Buy around 702-703
πŸ“―Stop loss: 675

πŸ“―Target 1: 706
πŸ“―Target 2: 711
πŸ“―Target 3: 720

πŸ“―Leverage 20
πŸ“―#LTC long

πŸ“―Buy around 825
πŸ“―Stop loss: 800

πŸ“―Target 1: 835
πŸ“―Target 2: 842
πŸ“―Target 3: 850

πŸ“―Leverage *10 or *20
πŸ“―#TRX SHORT

πŸ“―Buy around 385
πŸ“―Stop loss: 401

πŸ“―Target 1: 381
πŸ“―Target 2: 376
πŸ“―Target 3: 371

πŸ“―Leverage 20
BTC dominance is currently at 53.7% (-0.1%). The total market cap is currently at $211.2 (- $1.0 billion). The market volume of the last 24h was $12.3 (+ $0.2 billion).

πŸ“―Bitcoin recently formed a flag consolidation pattern after its sharp rally and fade from the triangle top. This is often seen as a bullish continuation signal, with an upside break possibly leading to a climb that’s the same height as the flag’s mast.

The 100 SMA is crossing above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. In other words, resistance is more likely to break than to hold. If that happens, price could be in for a longer-term rally that’s roughly the same height as the descending triangle pattern.

However, stochastic is already dipping into the overbought region to reflect exhaustion among buyers. Turning lower could bring a return in selling pressure which might drag bitcoin back to the bottom of its triangle. RSI is starting to move higher after previously treading sideways, also reflecting a pickup in

Bitcoin recently formed a flag consolidation pattern after its sharp rally and fade from the triangle top. This is often seen as a bullish continuation signal, with an upside break possibly leading to a climb that’s the same height as the flag’s mast.

The 100 SMA is crossing above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. In other words, resistance is more likely to break than to hold. If that happens, price could be in for a longer-term rally that’s roughly the same height as the descending triangle pattern.

However, stochastic is already dipping into the overbought region to reflect exhaustion among buyers. Turning lower could bring a return in selling pressure which might drag bitcoin back to the bottom of its triangle. RSI is starting to move higher after previously treading sideways, also reflecting a pickup in bullish pressure.

Many are hopeful that this upside break could be enough to sustain a rebound in bitcoin until the end of the year. After all, the gains are supported by fundamental factors, particularly the launch of Fidelity’s institutional platform for bitcoin and ethereum.

This would enable large funds to put money in the space, likely driving up demand and volumes then lifting prices. Retail investors could join in for fear of missing out any big moves, and analysts are also pointing out how this price pattern was seen back in 2014 before price skyrocketed over the next couple of years.

Risk sentiment in the financial markets has flipped back and forth, which is making the situation a tad more complicated for investors, but it appears that another round of positive updates could be enough to give the breakout a stronger kick. Still, there is some uncertainty when it comes to regulatory action, particularly the SEC’s decision on bitcoin ETF applications which many are still waiting for.
Take it easy and smooth gentlemen, yours paradise team πŸ˜ŽπŸ’Έ
πŸ“―#ETH
πŸ“―Side: Short
πŸ“―Entry: around 203.4

πŸ“―Target1: 203
πŸ“―Target2: 202.5
πŸ“―Target3: 201.5

πŸ“―Stop Loss: 205

πŸ“―Leverage : 10-20X
MCPπŸͺ©Extras FREE
πŸ“―#ETH πŸ“―Side: Short πŸ“―Entry: around 203.4 πŸ“―Target1: 203 πŸ“―Target2: 202.5 πŸ“―Target3: 201.5 πŸ“―Stop Loss: 205 πŸ“―Leverage : 10-20X
πŸ“―2nd target crossed ! 🏹🏹
Current price is 201.80 πŸ‘
+16% until now πŸ’°

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πŸ“―#XRP
πŸ“―Side: Short
πŸ“―Entry: around 7170

πŸ“―Target1: 7150
πŸ“―Target2: 7090
πŸ“―Target3: 7050

πŸ“―Stop Loss: 7415

πŸ“―Leverage : 10-20X
πŸ“―#ADA
πŸ“―Side: LONG
πŸ“―Entry: around 1185

πŸ“―Target1: 1193
πŸ“―Target2: 1198
πŸ“―Target3: 1209

πŸ“―Stop Loss: 1150

πŸ“―Leverage : 10-20X
πŸ“―#ADA LONG

πŸ“―BUY : Below 1170

πŸ“―TARGET 1 : 1174
πŸ“―TARGET 2 : 1778
πŸ“―TARGET 3 : 1185

πŸ“―STOP LOSS : 1154