๐ด Market Update:
Please avoid over trading this time, this is not the best of time to keep jumping in on trades.
Remember profits aren't running away from the market, they are still right there forever. If you have any trades that are yet to yield profits, HODL till market start rising back and take profits at the right time.
Don't add more to your bags by over trading. Rather keep your trading funds for the right time of buying,when market is ready to bounce real hard.
We are almost getting out of the bears.
Stay tuned!
Please avoid over trading this time, this is not the best of time to keep jumping in on trades.
Remember profits aren't running away from the market, they are still right there forever. If you have any trades that are yet to yield profits, HODL till market start rising back and take profits at the right time.
Don't add more to your bags by over trading. Rather keep your trading funds for the right time of buying,when market is ready to bounce real hard.
We are almost getting out of the bears.
Stay tuned!
Forwarded from CryptoBullet
๐ด๐ Dear members, we thank you for your association with CryptoBullet.
We operate by the principle that our subscribers should benefit to the greatest extent possible. This is essential in our mission.
Be sure signals are based on our expert's research, but not on "pump" strategy.
Cross promotions are required to increase our community and we are sorry for such an inconvenience, but we hope you treat it with understanding.
Now our expert team is working on new portions of strong signals, so we advise you to:
๐ Pin our channel to the Top
๐ Unmute the channel
๐ Stay Tuned
๐ Follow the Signals
Let the CryptoBullet hit you!๐ซ
We operate by the principle that our subscribers should benefit to the greatest extent possible. This is essential in our mission.
Be sure signals are based on our expert's research, but not on "pump" strategy.
Cross promotions are required to increase our community and we are sorry for such an inconvenience, but we hope you treat it with understanding.
Now our expert team is working on new portions of strong signals, so we advise you to:
๐ Pin our channel to the Top
๐ Unmute the channel
๐ Stay Tuned
๐ Follow the Signals
Let the CryptoBullet hit you!๐ซ
This is one of the most informative & Incredible $CRYPTO Article I seen on Internet. Must READ, its FREE
https://t.co/iR7lLDYg2R
https://t.co/iR7lLDYg2R
Hacker Noon
The Cryptocurrency Trading Bible
So you want to trade cryptocurrency?
#EthereumClassic is creating a head and shoulders pattern on the 4-hour chart.
The RSI is biased bearish, signaling potential for a downside break in #ETC.
(Data via Bitfinex)
The RSI is biased bearish, signaling potential for a downside break in #ETC.
(Data via Bitfinex)
#BTCUSDT 4-hour RSI has diverged in favor of the bulls. So a break above trendline resistance cannot be ruled out
(Data via Binance)
(Data via Binance)
#ZEC has created a bearish cypher pattern on the daily chart.
Bearish reversal point D is $684.07
(daily chart, data via Bitfinex)
Bearish reversal point D is $684.07
(daily chart, data via Bitfinex)
CryptoBullet
Midterm signal The 4th coin of the trade is #ETC Buy around : 3120-328 Try to buy in buy zone, but If price is slithly above, that's not an issue. And if below, well that's even better for you. Sell : 350 - 380 - 420 - 450 - 480 - 520 ++ 5th March :โฆ
#ETC 2nd target reached at 380 !
Profit so far : 20%
Was expecting more from the fork. It will be almost time to close this trade (except if you are willing to hold it) as we are near the fork day (5th March)
Profit so far : 20%
Was expecting more from the fork. It will be almost time to close this trade (except if you are willing to hold it) as we are near the fork day (5th March)
๐ด Analysis: BTC
As bullish indicators strengthen, bitcoin now looks set to extend gains to $11,000 or higher, chart analysis indicates.
The cryptocurrency is up 14 percent from the lows seen over the weekend and has gained almost 12 percent in the last 24 hours, according to CoinMarketCap.
Looking ahead, the cryptocurrency looks set to extend gains to the 10-week moving average (MA) of $11,385 in the next 24 hours.
As bullish indicators strengthen, bitcoin now looks set to extend gains to $11,000 or higher, chart analysis indicates.
The cryptocurrency is up 14 percent from the lows seen over the weekend and has gained almost 12 percent in the last 24 hours, according to CoinMarketCap.
Looking ahead, the cryptocurrency looks set to extend gains to the 10-week moving average (MA) of $11,385 in the next 24 hours.
The above chart (prices as per Bitfinex) shows:
- Bullish continuation pattern: the upside break of the sideways channel signals continuation of the rally from the low of $9,280 seen over the weekend. Further, the upside break is backed by an uptick in volumes. So, BTC could extend the rally to $11,000, according to measured height method.
- The relative strength index (RSI) shows overbought conditions, thus BTC may consolidate over the next couple of hours before extending the rally.
- Bullish continuation pattern: the upside break of the sideways channel signals continuation of the rally from the low of $9,280 seen over the weekend. Further, the upside break is backed by an uptick in volumes. So, BTC could extend the rally to $11,000, according to measured height method.
- The relative strength index (RSI) shows overbought conditions, thus BTC may consolidate over the next couple of hours before extending the rally.
- The daily chart shows BTC could be creating a bullish reversal pattern known as an inverse head-and-shoulders.
- The neckline resistance of the inverse head-and-shoulders pattern is seen at $11,704. Meanwhile, the descending trendline (drawn from the Dec. 17 high and Jan. 6 high) resistance is located around $11,930 today and is seen sloping downwards to $11,650 by the weekend.
- A daily close (as per UTC) above the trendline would signal a long-term bullish reversal.
- A convincing move above the trendline resistance would push the weekly RSI above the key resistance of 53.00, signaling a long-term bullish trend revival.
- The neckline resistance of the inverse head-and-shoulders pattern is seen at $11,704. Meanwhile, the descending trendline (drawn from the Dec. 17 high and Jan. 6 high) resistance is located around $11,930 today and is seen sloping downwards to $11,650 by the weekend.
- A daily close (as per UTC) above the trendline would signal a long-term bullish reversal.
- A convincing move above the trendline resistance would push the weekly RSI above the key resistance of 53.00, signaling a long-term bullish trend revival.