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.
So here first the explanation on what futures are:
Futures are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price.
What this means is that you speculate on the price of the future. This means the futures price will be much higher since everyone believes BTC will be worth much more. The one that will sell the BTC to the contract holder thinks it will be worth much more at least. So if the BTC price is 15k USD and the futures contract lets you buy BTC in one year for 20k USD they mostly sell it for 5k USD. if the BTC price goes higher now that means that the future contracts will be worth more because the price will be higher than what people will pay for BTC. This means whales will try to pump BTC which results in a higher futures price. After they sold their futures to some people they will dump BTC. (In my opinion at least)
Does that sound logical? I hope it does. If you want some more information on futures:
https://www.investopedia.com/terms/f/futures.asp
Futures are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price.
What this means is that you speculate on the price of the future. This means the futures price will be much higher since everyone believes BTC will be worth much more. The one that will sell the BTC to the contract holder thinks it will be worth much more at least. So if the BTC price is 15k USD and the futures contract lets you buy BTC in one year for 20k USD they mostly sell it for 5k USD. if the BTC price goes higher now that means that the future contracts will be worth more because the price will be higher than what people will pay for BTC. This means whales will try to pump BTC which results in a higher futures price. After they sold their futures to some people they will dump BTC. (In my opinion at least)
Does that sound logical? I hope it does. If you want some more information on futures:
https://www.investopedia.com/terms/f/futures.asp
Investopedia
Futures Trading: What It Is, How It Works, Factors, and Pros & Cons
Learn about futures trading, along with how contracts work, key market factors, risks, and potential benefits, and how investors use futures to hedge or speculate.
CryptoBullet
BURST/BTC: burst facing historical falldown & It has massive energy to soar. reversal gonna happen soon.
👉$BURST has just touched 0.00000105
We called it at 0.00000085
Estimated gained profit💰: +23.5%
We called it at 0.00000085
Estimated gained profit💰: +23.5%
📣🎓 Litecoin monster rally📈
Due to the recent hype of Bitcoin earlier this week, Litecoin (LTC) has reacted with a massive run of its own. The cryptocurrency is now approaching a 100 percent price increase just 24 hours after Bitcoin cooled down.
Recently, there was some concern that a “flippening” would take place, with Bitcoin Cash threatening to overtake Bitcoin’s place as the leading cryptocurrency. However, if present trends continue, a different type of flippening may occur with Litecoin’s market cap potentially eclipsing that of BCH.
Due to the recent hype of Bitcoin earlier this week, Litecoin (LTC) has reacted with a massive run of its own. The cryptocurrency is now approaching a 100 percent price increase just 24 hours after Bitcoin cooled down.
Recently, there was some concern that a “flippening” would take place, with Bitcoin Cash threatening to overtake Bitcoin’s place as the leading cryptocurrency. However, if present trends continue, a different type of flippening may occur with Litecoin’s market cap potentially eclipsing that of BCH.