CryptoBullet
108K subscribers
6.43K photos
4 files
776 links
Let the CryptoBullet hit you!🔫

Business Inquiries
@likeniss

Premium/VIP subscription
@likeniss

Not Financial Advice
Download Telegram
📰 South Korean cryptocurrency exchange Bithumb says it has almost halved the losses arising from a recent hack.

The company published a progress update on Thursday, claiming that it has now reduced that damage to $17 million after collaborating with worldwide exchanges to retrieve some of the funds, as well as to try and prevent further losses.
It’s remarkable how quiet it is,despite being the last week of the quarter & half year. Expect some fireworks later in US & early Asian Session! Tomorrow is a big day.

🐂 Bulls need to close above 6600
🐻 Bears need to break 5750
$BTC has slided down as expected 📉 Downside targets still the same. ALTs are in Buy Zone. Don’t hesitate to BUY, but remember 10-20% Downside is still left so ladder your buys

If you are seating on CASH Or any other Fiat that you can afford to lose, it’s time to move to #crypto

Within maximum 20% Downside from here, you will get an opportunity to join mini Bull Run For ALTs within 90 days Maximum.

Crypto is not dead, it’s just slow & boring
#Bitcoin breakout of down trendline. Short Term Bottom of 5755 in place as long as we close above the trendline today & tomorrow.

Upside targets: 6755 - 7080 - 7250 - 7450

Downside to 5400 delayed until 50 Day/Week MA test
📌 What works in bull market may not work in bear market & sideways market takes away most gains of bull & bear market. Not many traders can handle the trickyness of all 3 market cycles. Learn to adapt to changed dynamics & stay away during cycles which you don’t excel at.
Recommendation During Bear Markets:

Trade against USDT. If you trade an ALT to BTC, and BTC/USDT goes down, you'll lose money cashing out to USDT.

Even if ALT/BTC goes up, but BTC/USDT goes down, you'll either break-even or lose money due to exposure.

Trade alts to BTC during bull market.
📈 ALTs are up 25-50%

Book partial profits & raise stop loss. Close full position within next 10-20% upside move from current levels

Check individual resistance levels for your coins. Expect 70-100% retracement back to June lows in later part of July
#Bitcoin 9EMA crossed over 20 MA & Price closed above 20 MA.

$BTC will go up to 7080 & may attempt intra day 7400 area before retreating back in next few days
CryptoBullet
$NEO BUY THE DIPS to 32-35 Area and add more 26-28 BUY & WAIT for 500% Potential Returns
NEO Recommendation was to buy at 32 & add on dips to 26-28. NEO reached 41-45. 60% delivered.

Partially fix profit & buy again on next dips
📰 Today Switzerland's principal stock exchange has announced it is developing a blockchain-based platform to tokenize traditional securities with further trading, settlement and custody services for these tokenized assets.
$BTC tried to break higher but 6850 still holding

If 6850 breaks:

6945-7100 Multiple Resistance
7350-7450 Horizontal Resistance
7700-7750 Extension possible

SHORT $BTC 7080, 7350, 7700

Target 1 : 6600
Target 2 : 6150
Target 3 : 5950
Buy STQ (Tidex) around 85 sats
CryptoBullet
#Bitcoin 9EMA crossed over 20 MA & Price closed above 20 MA. $BTC will go up to 7080 & may attempt intra day 7400 area before retreating back in next few days
50 DMA was a Target, that’s moving lower & now at 6900. If rejected from here BTC Can retest 59-6100

Only a break above 7100 will test 7325-7450

ALTs have some upside left before next plunge again
CryptoBullet
#Ripple BUY on Dips
$XRPUSD New Long Entry

Start buying at 0.44

Add more #Ripple on dips:

0.4230
0.3600
0.2800

Mid Term Target:

0.5812
0.6799

For Long Term Targets check earlier chart
#Bitcoin Buy-Sell Zones
#Bitcoin Buy-Sell Zones

Mid Term Investors can consider buying $BTC on dips. If $BTC breaks down below 5800, it will drag ALTs lower & most of them will print new yearly Lows. Keep your ALT shopping List ready

Expect slow & boring price action until breakout
Sending money internationally is costing us $30 billion per year.

On average, the charge for sending $200―the benchmark used by authorities to evaluate cost―is $14 (7%). Absolutely insane.

We can do better, and we should.

#blockchain #crypto
📰 OKCoin Exchange Launches in US Offering Fiat-to-Crypto Trading

According to OKCoin's website on Friday, the exchange has already launched the new offering and is now accepting U.S. dollars deposits and withdrawals, as well as trading against bitcoin, bitcoin cash, litecoin, ethereum and ethereum classic.