SUGAR Crypto Signals
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#btc update

btc dump from 61% fibonacci and there is no more waves !
next support at 7500$ to 7300$ and we may see a good recovery again
the rise from 5750$ to 8500$ was just a correction wave ..downtrend still active
Forwarded from VIP CS GOLD
🔊 ZIL
Buy 740 - 780
Sell 875 - 960 - 1250
Stop Loss -10%
https://www.binance.com/trade.html?symbol=ZIL_BTC
This is the next support and it is very strong !
support 7000$ - 6800$
Forwarded from VIP CS GOLD
🔊 XZC (Binance/Bittrex)
Buy 18 - 19
Sell 21 - 27 - 34
Stop Loss 17
#btc may test 6800$ first before rising!
Starbucks is now a part of the new bitcoin venture called “Bakkt” by New York Stock Exchange
https://www.moondix.com/news/post/starbucks-is-now-a-part-of-the-new-bitcoin-venture-called-bakkt-by-new-york-stock-exchange
👀 Market is unstable , trade wisely or best is just to watch it.
Forwarded from VIP CS GOLD
🔊 XZC (Binance/Bittrex)
Buy 18 - 19
Sell 21 - 27 - 34
Stop Loss 17
Forwarded from VIP CS GOLD
🔊 WTC
Buy 490 - 505
Sell 515 - 525 - 535
Stop Loss 485
https://www.binance.com/trade.html?symbol=WTC_BTC
#SEC Bitcoin ETF decision has been delayed to September 30.

sec.gov/rules/sro/cboe
❗️BTC UPDATE:
Support remains at 6400 which is the July Open.
After 6400 support is at 6k and 5785.
Let’s see where we’re heading. Assuming anything would be a gamble at the moment.
This is for sure that if We see a Reversal at this point the target would be 8750 which is the bull Scenario.
But Currently Bear scenario is highly likely.

Recommendations:
Stop Trading
Wait for some time.
Go out and have some fresh air.
Stop looking at your portfolio.
And don’t be upset, before any major Pump there’s a Major dump.
And it might be a signal of Accumulation by institutional money before the ETF news on September.

So good things are coming.
Stay calm
Regards
❗️MARKET UPDATE

BTC dominance: 48.6% UP 0.9% in 24h. Long-term downside resistance remains at 35.5%. 40% is now the new mid-term resistance. BTC dominance high for 2018 is 48.7%.

Global Ca : $231B DOWN $25B in 24h. The 2018 low is $231 B today. $300B upward resistance has been tested and failed multiple times in last few weeks. This now represents the strongest upside resistance we have seen in global cap in months.

Dail Global Volume: $15.5B UP $2.7B in 24h.

On August 3'd we said to expect a new global cap low for 2018 in the next 1-2 weeks. We are there. Now it looks like we hit global cap 50% soon. BTC down 1 0 of 1 1 days.

The people who emotionally scoop up and dump huge amounts of BTC and move these markets on clickbait “news” are morons.

l have never seen a group of traders who are such unseasoned, short-termist fools as the people who control these markets right now. And I thought the ICL (Crude Oil Futures) traders were emotional idiots. Not even close.

Maybe these morons are finally realizing that as long as BTC prices can move 5% overnight due to an Asian whale clump or exchange hack, the SEC will protect people and institutions from looking up their money in an ETF tied to an underlying asset like that. Nothing that Van Eck or CBOE or BATS can do to change that. The SEC said that very telling line in their rejection of Winklevoss ETF.

Did you know the CBOE/Van Eck ETF was going to be priced at $200k per share to prevent most individual investors from buying and holding? Institutions can already buy the CBOE futures for that purpose a lot cheaper allowing for legging in and out of a position. And how hard would it be to short a $200k ETF? Good luck finding shares to borrow. You want to be long BTC in your IRA? You can do it right now with futures inside an IRA. You just need the right broker. This ETF even if approved, will not do much to create scarcity value other than temporarily please the fools who use these markets as the toy in their crib waiting for their diaper to be changed.
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The Crypto Market Is Asleep at the Wheel - Palm Beach Group Update, By Teeka Tiwari on August 8, 2018
#btc in a downtrend !!
next target is 6000$
Forwarded from VIP CS GOLD
🔊 ADA ( Binance/Bittrex )
Buy 1880 - 1900
Sell 2400 - 2800 - 3500
Stop Loss 1800