On the 30th of May we published a BTC idea on Trading View. Here it is👇 Just press the play button and see how our targets got reached 🎯

https://www.tradingview.com/chart/BTCUSD/MO94E1PA-Will-the-Rsing-Wedge-Start-the-Correction/

⚠️ Make sure you have already subscribed to our Trading View profile. There’re more trading ideas waiting for you!

For example, here's an idea on Harmony (ONE), which was published 2 hours ago. And guess what? First target already reached for 9% profit! Press the play button and see.

https://www.tradingview.com/chart/ONEBTC/H6FtcI6Q-All-eyes-on-Harmony-ONE/

Check out our #BTC update!

❗️Don't forget to subscribe to out Trading View profile.

https://www.tradingview.com/chart/BTCUSD/tHyztFNh-BTC-Update/

Here's our new trading idea on ENJ/BTC! Check it out 👇

https://www.tradingview.com/chart/ENJBTC/7cLSJrjP-ENJ-BTC/

​💡Let's take a look at BTC rally from the on-chain volume perspective.

[ Never before in finance we had an asset which has completely different volume analysis, because every coin is tracked and along with trading volume there is on-chain volume. You can analyze the holding of that asset and how it privately changes hands ]

Investor flow is measured by NVT

⚠️ Look at how high the price of bitcoin got versus a flat NVT on the current BTC rally. And look how high it got in 2013 & 2017. Never before have we seen such a divergence so early in the bull market. According to this on-chain metric, BTC is grossly overbought right now.

So, from this point of view, this exchange driven pump is going to blow off. We should have a proper retrace and only then real investor flows will come in and drive the true organic bull market.

​POLY/BTC

The chart looks really interesting.

Look at the volume profile: we are at the highest volume node; the point of control has been retested so many times that it seems once we surpass it, the firework will start.
Some hot news could easily drive it.

CMF & RSI show strength on the daily
Volume increase while trading in a tiny trading range, which testifies accumulation.

Should not close below lows. That would be bearish.

Upside potential is huge. 🎯 Targets on the chart are conservative.

​💡NEO/BTC is forming an ascending triangle.

NEO many times bounced off of the rising support of the triangle, constantly creating higher lows.

The ceiling was tested many times, so next time 0.00163 expected to fail.

🎯 Targets for a breakout to the upside on the chart
Breaking down invalidates the pattern.
⚠️ Always practice risk management.

💣Fundamentally NEO prepares for something big. NEO has so little attention today with this new coins, but accumulation we've seen on NEO looks impressive. NEO 3.0 coming next year can potentially be a game changer.

Check out our #BTC update!

❗️Don't forget to subscribe to our Trading View profile.

https://www.tradingview.com/chart/BTCUSD/e6EdgBvz-BTC-What-s-Next/

​📰 Russia to adopt the country’s major crypto bill “On Digital Financial Assets” within two weeks and they will pass a separate bill that will govern the ICO industry.

💡 This is good for WAVES which is the biggest crypto project coming from Russia. Also should mention Vostok - a universal technological solution for scalable digital infrastructure, which was developed by WAVES in 2018 at the request of organizations in the industrial, public and financial sectors, and are now working with major Russian government customers.

📈 The chart looks promising since WAVES is at a historical demand zone. A bounce off of it can take us 50% up.

📍Target launch for the Libra is scheduled for the first half of 2020.

Reminder: BTC halving is supposed to occur in May-June 2020

🤔 Just a coincidence or perfect timing the market ?

📌 Libra's primary value proposition is a stable coin that is scalable.


Seems like their competitor is Tether or Ripple, but..

Here’s the thing: they are not competing with any of them, because Tether is the US dollar, and XRP is not stable (it has its own price discovery on exchanges).

👉 They are competing with IMF special drawing rights (SDR). It’s closest thing to it.

The only difference between the Facebook basket stabilized coin and the IMF version is that Libra is supposedly private money and SDR is supposedly public money. It would be nice in a world where there is one public money (like SDR), and one private money (like Facebook token with 100 other companies invested in that token).

❗️What we do not definitely need is Google’s money to compete Facebook’s money to compete with Amazon’s money. If you are a globalist, you would like those private companies to kinda merge together and give the world a single private money. And then you want the world’s governments to get together and give the world a single public money.

We need another cryptocurrency the way we need another language in the world (we don’t need it).

📄 In the whitepaper they are very tricky with their verbiage.

They say Libra is a blockchain. Permissioned blockchain.

⚠️ Being a permissioned blockchain is completely nonsensical. If you are a blockchain, there’s nobody that’s granting you a permission to run a node!

They also say that you can’t scale with a permissionless network, -> so they decide just to skip everything that gives blockchain value in order to be able to scale and be stable.

At the first glance, would say they don’t know what Bitcoin is and haven’t read its white paper. But it’s not that simple. Seems like they are just completely ignorant of Bitcoin and what is happening in that ecosystem.

Why? Because they are trying to be very nuanced. They actually perfectly know what Bitcoin is and that it can do better what they are saying, but there’s no way to control it. Bitcoin is the only thing that SEC & big banking organizations can’t reach.

This could be a pretty lucrative project in payment processing network, which is not a blockchain.

📌 The whole thing which makes a blockchain is proof-of-work. Otherwise it’s just a database.

[ So what Facebook is building is a centralized payment processor on the US dollar and calling it a blockchain ]

It is neither technological nor economical innovative.

🎯 Libra whitepaper is a hodgepodge of contradictions and buzzwords.

Facebook owns your data and now they want your money.

They are trying to create a total government coin, which is perfect for spying, censoring, controlling and can be inflated at will.

Libra is:

- Regulated
- Centralized
- Closed
- Permissioned

If you were a central bank or IMF, this is how you would design a coin.

⚠️ Do not underestimate Facebook's attempt to create a Global Coin, because they are going to offer an easy access to finance (as to a FB account) and that's huge (especially for the third world).

It can kill Western Union and other remittance companies.

Maybe one of their goals is to prevent the expansion of WeChat (especially WeChat Pay) in the west.

Libra also may be an attempt to distract the masses from Bitcoin, but it will do the opposite: Facebook is going to draw billions of people's attention to crypto, and when those people discover Bitcoin as a better alternative, a lot of money will flow into it.

🔥🚀 BTC IS ABOVE 10K! For the first time in 16 months!

Did you follow our BTC analysis? It's working out perfectly again. Once we broke above 0.382 Fib, we blow through 10k easily & managed to reach almost 11k! Just like we anticipated.

💡What's next? It's almost open air to the upside to 0.618 Fib at 13.5k

🔥🚀 BTC almost reached 13k !

Our yesterday analysis posted here for free is working out just perfect!

👉 Once we broke 0.5 Fib at ~ 11 500, we rallied $1.5k to the upside. Hope you followed our analysis and made some profit.

🔥 BTC has just got to our target that we pointed out in our analysis - 0.618 Fib at ~13400 and trying to break it!

⚠️ It's the last major resistance! Pay very close attention to the daily close.

​⚠️ This is also something pay attention to:

👉 CME half yearly futures expire on Jun 28

This week is remarkable not only because of that fact, but also because it’s the last week of the quarter & half year.

Half yearly closing for crypto venture capital funds is very important.

📉📈 Expect some fireworks and unusual moves starting tomorrow.

​#BTC

📉 BTC got a very violent rejection at 0.618 Fib (which was our target). Also we anticipated a drop from those levels and that 25% drop within a single weekly candle was not surprising.

So, what we are keeping an eye on is this weekly close. It will determine a lot. There's nothing we can say about the current candle until it closes. This candle could end as a reversal one but as of right now it's not.

📌 Closing above 11.5k (0.5 Fib) and especially 12k will lead us back up.