📌 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.
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
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
$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
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
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
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
Only a break above 7100 will test 7325-7450
ALTs have some upside left before next plunge again
CryptoBullet
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
$NEO in buy area
Add more on dips:
29-31
23-26
14-17
Mid term Targets: 45, 51, 59
Add more on dips:
29-31
23-26
14-17
Mid term Targets: 45, 51, 59
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
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
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
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
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.
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.
Bitcoin ETF Decision will NOT be on August 10
No doubt you have already heard about August 10 – the date the SEC will decide its ruling on a proposed bitcoin ETF.
[ On June 26 the U.S. Securities and Exchange Commission (SEC) received an application from CBOE Global Markets for a bitcoin exchange-traded fund (ETF) license. ]
📌Approval of a bitcoin ETF could be huge news for the crypto, that would move the BTC price significantly & help protect shareholders against operational risks associated with investing in the asset.
Earlier it was suggested that the SEC would make their decision regarding the proposal by August 10. However, it now seems that date may not be correct.
The date came out from the SEC notice stating that a decision will be no less than 45 days from the date of publication in the Federal Register. The SEC notice was published on June 26, but that’s not the same date that it was published in the Federal Register. The Federal Register publication only appeared on July 2, meaning the date for a decision is August 16. Even then, the date can be extended if required. A 45-day extension is possible. This means that a decision should be expected no later than September 24.
No doubt you have already heard about August 10 – the date the SEC will decide its ruling on a proposed bitcoin ETF.
[ On June 26 the U.S. Securities and Exchange Commission (SEC) received an application from CBOE Global Markets for a bitcoin exchange-traded fund (ETF) license. ]
📌Approval of a bitcoin ETF could be huge news for the crypto, that would move the BTC price significantly & help protect shareholders against operational risks associated with investing in the asset.
Earlier it was suggested that the SEC would make their decision regarding the proposal by August 10. However, it now seems that date may not be correct.
The date came out from the SEC notice stating that a decision will be no less than 45 days from the date of publication in the Federal Register. The SEC notice was published on June 26, but that’s not the same date that it was published in the Federal Register. The Federal Register publication only appeared on July 2, meaning the date for a decision is August 16. Even then, the date can be extended if required. A 45-day extension is possible. This means that a decision should be expected no later than September 24.