🎓Trade Update🎓

Looking at Bitcoin above, it has done really well today. The price is in contact with the top side of what we could call a bullish flag formation. We are at a decisive point here, a breakout up would mean that new highs are within our grasp. A continuation down the flag would demonstrate weakness from the bulls - more likely to occur.

Today's action has clearly had its toll on the altcoin markets. This should be a good time to buy considering the resistance BTC faces here.

Remaining position on #ENJ has been closed at breakeven.

⚡️ SHORT XBTUSD ⚡️
Entry: 11250 - 11350 max
Take Profit: 10900, 10550, 10300
Stoploss: 11430

Leverage: x5 max

price moved up 20$ too high, (11450 instead of our stop at 11430). apologies for that, order stopped.

🎓Trade Update🎓
🎓 #ATOM / BTC

Bitcoin breached 11k again, and is now trading above the bullish flag marked out last night. Evidently it was not the right time to be shorting BTC or buying Alt coins.

Stop Limit reached @
0.00048900 (-8.4% total)

⚡️ LONG XBTUSD ⚡️

Entry: 11365 - 11375 (wait for price❗️, don't enter now ❕)
Current Price: 11305
Take Profit: 11575 (10%) , 11920 (25%), 12300 (40%)
Stoploss: 11130 (-10%)
Leverage: x5 (max)

Percentages calculated based on x5 margin

⚡️LONG XBT USD x5⚡️

🚀 Target 1&2 Hit 🎯10% & 25%
☑️Closing remaining position at market price @ 11800 for +20%

⚡ LONG QTUMUSDT ⚡

Entry: 5.05 - 5.10
Take Profits: 5.585, 6.606, 6.976 (38% profit)
Stoploss: 4.870 (3.5% loss)

🎓 SIA Overview

Sia is a decentralized cloud storage platform similar in concept to Dropbox and other centralized storage provider where instead of renting storage space from a centralized entity, clients rent storage space from other peers. The only difference is Sia uses blockchain to facilitate transactions Nodes provide storage to clients using the Sia blockchain as contracts. Before storing the data, the data is encrypted into many pieces and uploaded to different hosts.

Siacoin is created by David Vorick and Luke Champine of Nebulous Inc. As the traditional storage platforms are higher in cost, more expensive and data is not well protected. Siacoin promises to offer secured storage transactions with smart contracts which is more affordable and reliable. Moreover, it is completely open source which means many individuals have contributed to Siacoin’s software hence there will be an active community building innovative applications on top if the Sia API.

🎓Daily Chart Analysis:

Looking at the long term daily chart above, we draw your attention to the green box below. There are signs of accumulation here, Just yesterday volume $SC was higher than it has been in the past 115 days.

The 25 EMA has been tapped and this resistance could cause some trouble. MACD, however, is displaying some bullish divergence.

The most pronounced pattern on the RSI is the falling trendline resistance. It mirrors the price action pretty well and a breakout from this trend will no doubt be reflected in the price.

🔸Current Price:0.00000028
Entry: 0.00000026 - 0.00000028
Take Profit: 0.00000039 - 0.00000051
Stop Limit: 0.00000024 (-11%)

BTC UPDATE:
https://www.tradingview.com/x/PAKgzXLq/

symetrical triangle - for both price and RSI - most people would define it as a bearish sign, I personally see it bullish, i've added a sample of similar triangle at GOLD-USD from march 2019, where price had a peak, later a drop and then entered what seemd to be a symetrical triangle. results shown there as well.

What worries me is the OBV's resistance line (marked in red on main chart) - as long as we don't break it - I assume we are going to fall hard.

Bottom line - I am a bit more bullish than bearish for the next 24h, I will closely monitor my trades now as it is an important point for btc.

I read couple more analysis by various traders, they all have mixed thoughts, some mention the bullish flag on daily, some mention fundamentals that are weak, some mention elliot waves for a massive correction down..

I am sticking to an HVF pattern that once broken up - will lead us very high. like 14k - 15k - but it has to be broken first.

Have a great week guys!

Thats my current trade, super risky but I have confident in it
Entry up to 11400
Stop at 11200
Targets are marked in green

https://www.tradingview.com/x/bP3mQkpx

Overnight - 11625 target was hit
currently trading at ~11500

2nd target taken - 11975, reached 11976 🤑

🎓Market Update🎓

Bitcoin has just broken through $12k and it looks like its well on its way towards a new high at the very least! The Altcoin market has taken another massive blow today.

There are opportunities to buy Altcoins at better prices than ever before, but some people call this catching daggers. BTC is where the action is at, so don't part with it lightly.

Next Targets: $12 600 - $14 110