btc trading in top levels curruntly, it will dump down under the support if some volume could deposited into alts market, Whale started dumping in portions, to walk smoothly with the market.
Current market situation
Bitcoin breaks all time high records, reaching new highs in record times. Altcoins on the contra, break the records dropping low. A classical scenario.
Why does Bitcoin increases so much?
As most of you probably know by now, Bitcoin futures trading will be launched on two different stock exchanges. On the 10th of December on CBOE and on the 18th of December on CME. In addition one Japanese stock exchange plans to follow.
All this means that large sums of cash are flowing into the market.
CME reveals this on every step they make plus it is a hot topic on publications coming from the west. Bitcoin enjoys free public relations. People invest their savings in Bitcoin and it goes up.
Current Strategy
CryptoBullet’s current strategy and what we currently do with Altcoins:
We are holding 30% in BTC.
15% in BCC because when BTC falls, BCC often increases. Diversification is a key.
10% in ETH which has good perspectives and is pretty stable asset to have.
45% in Alts. When BTC price increases we try to sell Alts which are currently didn’t do much pricewise, profited or even at a small loss (up to -10%). Alts that are over -10% loss we keep holding and even refill our bags due to their “discounted price” which also helps to balance the price.
On each BTC all time high record, we try to hedge our risks selling a fixed amount for USD. When it drops again we buy, reaching up to 30% profit in BTC.
This type of strategy requires a high degree of patience and calmness but it is worthwhile to follow, even if it takes months. It allows avoiding losses on the mid-term scale. With time you will acquire your own strategy that will fit you well and get you nice returns.
Remember, always try to use your common sense and think for yourself, where you should invest and where not. Do not follow blindly what others say. Refer to every signal as a recommendation rather as a 100% chance to make a profit.
What will happen with BTC in the near future?
Nobody knows for sure, there are 1001 force majéur.
But there is a high probability tht BTC will keep on climbing higher after the futures trading is opened. But most likely that speed at which it happens will decline. But the bullish trend is expected to continue for long with occasional 10-30% corrections and sideway movements.
BTCs goal for the next 5 months 30000-50000$
Bitcoin breaks all time high records, reaching new highs in record times. Altcoins on the contra, break the records dropping low. A classical scenario.
Why does Bitcoin increases so much?
As most of you probably know by now, Bitcoin futures trading will be launched on two different stock exchanges. On the 10th of December on CBOE and on the 18th of December on CME. In addition one Japanese stock exchange plans to follow.
All this means that large sums of cash are flowing into the market.
CME reveals this on every step they make plus it is a hot topic on publications coming from the west. Bitcoin enjoys free public relations. People invest their savings in Bitcoin and it goes up.
Current Strategy
CryptoBullet’s current strategy and what we currently do with Altcoins:
We are holding 30% in BTC.
15% in BCC because when BTC falls, BCC often increases. Diversification is a key.
10% in ETH which has good perspectives and is pretty stable asset to have.
45% in Alts. When BTC price increases we try to sell Alts which are currently didn’t do much pricewise, profited or even at a small loss (up to -10%). Alts that are over -10% loss we keep holding and even refill our bags due to their “discounted price” which also helps to balance the price.
On each BTC all time high record, we try to hedge our risks selling a fixed amount for USD. When it drops again we buy, reaching up to 30% profit in BTC.
This type of strategy requires a high degree of patience and calmness but it is worthwhile to follow, even if it takes months. It allows avoiding losses on the mid-term scale. With time you will acquire your own strategy that will fit you well and get you nice returns.
Remember, always try to use your common sense and think for yourself, where you should invest and where not. Do not follow blindly what others say. Refer to every signal as a recommendation rather as a 100% chance to make a profit.
What will happen with BTC in the near future?
Nobody knows for sure, there are 1001 force majéur.
But there is a high probability tht BTC will keep on climbing higher after the futures trading is opened. But most likely that speed at which it happens will decline. But the bullish trend is expected to continue for long with occasional 10-30% corrections and sideway movements.
BTCs goal for the next 5 months 30000-50000$
COIN: #WINGS
BUY PRICE: 0.00003700
✅ TARGET ✅
1️⃣ 0.00004000
2️⃣ 0.00004300
❌ Stop-loss: 0.00003500
It’s out of bollinger band now and I think it will bounce back from here
BUY PRICE: 0.00003700
✅ TARGET ✅
1️⃣ 0.00004000
2️⃣ 0.00004300
❌ Stop-loss: 0.00003500
It’s out of bollinger band now and I think it will bounce back from here
CryptoBullet
Nexium (NXC) Buy price 0.00001300- 0.00001450 Sell price 0.00002370-0.00002910
👉$NXC hit 0.0000158
Profit💰: +18% so far
Profit💰: +18% so far
CryptoBullet
Oh by the way... https://support.binance.com/hc/en-us/articles/115003322791
When we advised you to pay attention to XLM, it was possible to be bought at 0.00000816
Today 👉$XLM hit 0.0000101
Profit💰: +24%
Today 👉$XLM hit 0.0000101
Profit💰: +24%
CryptoBullet
I suggest going into IOTA, XLM, ARK and Stratis. If you want to hold something for mid term... QSP is the deal!
👉$ARK recently reached 0.000297
Approximate profit💰: +26%
BTW: It was possible to buy $ARK at 0.000224-235
Approximate profit💰: +26%
BTW: It was possible to buy $ARK at 0.000224-235
📣🎓 Bitcoin is on the cusp of mass adoption, with futures trading starting on the CBOE from 6 p.m. ET on Sunday and on the CME from December 18. After the buying frenzy of the past few days, the question in everybody's mind is whether the trading in futures will boost prices higher or will the short sellers use the opportunity to sink prices lower.
This is an unprecedented event; hence, it is very difficult to forecast the final outcome. Nevertheless, the volatility is likely to remain high in the first few hours and days of futures trading, as both the bulls and the bears slug it out at the CBOE.
This is an unprecedented event; hence, it is very difficult to forecast the final outcome. Nevertheless, the volatility is likely to remain high in the first few hours and days of futures trading, as both the bulls and the bears slug it out at the CBOE.
🔵 A N A L Y S I S 🔵
📣🎓 After three large range days, the digital currency is forming an inside day candlestick pattern. I believe that the first few hours of futures trading are likely to be very volatile. It is difficult to predict, which way will the prices move.
We can only keep certain levels in mind and work with them once the volatility subsides.
On the downside, support is at $12734.97 and $11344.15, which are 38.2% and 50% Fibonacci retracement levels of the rally from $5450.86 to $17237.44. On the upside, if price breaks out to new highs, its next level of resistance is the Fibonacci extension level of $18281.68.
These levels are only guidelines. Tomorrow, Bitcoin can easily breakout or breakdown of these, hence, please trade with caution. I recommend staying on the sidelines for the next couple of days, unless one is an experienced intraday trader.
📣🎓 After three large range days, the digital currency is forming an inside day candlestick pattern. I believe that the first few hours of futures trading are likely to be very volatile. It is difficult to predict, which way will the prices move.
We can only keep certain levels in mind and work with them once the volatility subsides.
On the downside, support is at $12734.97 and $11344.15, which are 38.2% and 50% Fibonacci retracement levels of the rally from $5450.86 to $17237.44. On the upside, if price breaks out to new highs, its next level of resistance is the Fibonacci extension level of $18281.68.
These levels are only guidelines. Tomorrow, Bitcoin can easily breakout or breakdown of these, hence, please trade with caution. I recommend staying on the sidelines for the next couple of days, unless one is an experienced intraday trader.
🔵 A N A L Y S I S 🔵
📣🎓 Ethereum has been consolidating between $390 and $480 since breaking out of the ascending triangle pattern.
For the second time, $390 acted as a strong support level on December 07. As the bears are unable to sink the digital currency below $390, the bulls will attempt a breakout above $480. If successful, Ethereum is likely to quickly rally towards its pattern target of $652.
On the other hand, if the bears sink the cryptocurrency below the support levels of $390, the bullish view and the higher pattern targets will be invalidated. Therefore, traders can keep their stop-loss marginally lower than $390.
📣🎓 Ethereum has been consolidating between $390 and $480 since breaking out of the ascending triangle pattern.
For the second time, $390 acted as a strong support level on December 07. As the bears are unable to sink the digital currency below $390, the bulls will attempt a breakout above $480. If successful, Ethereum is likely to quickly rally towards its pattern target of $652.
On the other hand, if the bears sink the cryptocurrency below the support levels of $390, the bullish view and the higher pattern targets will be invalidated. Therefore, traders can keep their stop-loss marginally lower than $390.
🔵 A N A L Y S I S 🔵
📣🎓Dash fell to the 20-day EMA yesterday, where buying emerged, pushing it back into the ascending channel.
We expect the digital currency to retest the highs at $815 once again. If the bulls manage to breakout of this overhead resistance, you might see a rally towards the resistance line of the ascending channel.
📌Dash will become negative only on a fall below $640 levels.
📣🎓Dash fell to the 20-day EMA yesterday, where buying emerged, pushing it back into the ascending channel.
We expect the digital currency to retest the highs at $815 once again. If the bulls manage to breakout of this overhead resistance, you might see a rally towards the resistance line of the ascending channel.
📌Dash will become negative only on a fall below $640 levels.