Welcome to the first no bullshit channel on telegram. The signals provided here are absolutely mashed. They calls range from Leverage trades for the scammy bitmex a couple of altcoin calls on our all time fav Binance and a shit loads of knowlegde that will help us grow in this upcoming exponential technology. Welcome on board to the Zero Nonsense and highly constructive channel. Stay Mashed!🥔

#BTC needs to stay above 6550$ levels to prepare itself to make a convincing move upwards. It did pump again to 6599$ (1$ shy from our target 1) earlier today however failed to break the wall above.

Lets see how it goes. Volumes are still very low.

Market Update

LTC - BITMEX

Long @ 910

Target @ 923 - 933 - 953

Stop-loss @ 870

Leverage @ 5x

BTC UPDATE from one of the best analysts at @ccinsider

SUMMARY
I have a feeling that soon we can see bullish rally without returning back to 6k$ level. Previously I've supposed that BTC will rise to the area at 7200$-7400$ and then drops back to 6300$ or even lower to 5850$, but now I'm in doubt about falling back.
Anyway hope you have opened your LONG positions and after each rise we will update stoploss.

And important remark: dont expect non-stop rise till 8500$ or 10000$, the rise will be with bounces at restistance levels at around 7050$-7200$ (EMA21 and EMA50 on D1 TF / Kijun on D3 TF) and at around 7700$-8200$, depending on how fast the rise will be, BTC could probably bounce from lower border of Ichimoku cloud on D3.

Now that we have a green signal from our bud out there its time we start setting up our orders for longs. Make sure you don't use over 15% of your total portfolio on a trade. Spread the orders out which will give us a better entry and make sure to have your limits set up. You surely don't want the scammy bitmex to call for a server maintainance and get us all rekt. So watch out for that and keep playing alts through.
Stay Mashed!
Absolute Potato

Alts Pop While $BTC Stalls

Hello ,

The current price of Bitcoin is $6544 (-0.48%) with 24 hour volume leveling around 3.8 billion USD. Crypto is experiencing, overall, a red 24 hours as roughly 4 billion USD left the market at the peak of the price shed. Although a majority of that loss has been recovered since this morning.
This has once again printed another higher low which we have seen occur since the 8th of September. Realistically, the market is continuing to see extremely low amounts of volatility as a whole.

This has however provided ample opportunity for various Alt-coins to break out of their consolidation phases against $BTC, as a trading pair.

Education time babes
What is an ETF?
- An exchange traded fund (ETF) is simply a security that tracks some underlying assets, whether that be equities, bonds, commodities, or cryptocurrency.
An ETF takes custody of the underlying assets it tracks. Then it issues a large number of shares that represent the ownership of those assets.
In contrast to an exchange traded note (ETN), which is a debt-based instrument and is not directly backed to the asset it is projecting.

Types of Bitcoin ETFs
- 1. ETFs that physically hold BTC: --> VanEck & SolidX (backed by the CBOE)
2. ETFs that purchase Bitcoin derivatives. These ETFs try to mimic the performance of Bitcoin by trading Bitcoin futures, options, swaps, money market instruments, and investing in other pooled vehicles. (Risk of margin calls and management fees!!)
--> the Direxion ETF.

The first one is the far better and more secure option.

UPDATE BY MARKET SITUATION

Hey fellas!

Today I will post quite big update than post usually.
The follwing themes will be discussed today:

1. Stock market crash.
2. What should we expect from stock market in near future and how it can affect to BTC.
3. Brief TA by S&P 500.
4. TA by BTC.
5. Analysis by wallets.
6. Summary.

Market update is still in progress, so will post finished parts when its done.

Part One:

So, despite all my expectations of continued BTC rise to the area at 7200$ - 7400$, BTC followed stock market crash and dumped also.

As a result of the trading session on Thursday, the Dow Jones Industrial Average fell by 831 points (3.1%) to the level of 25,598.74 points. For Dow Jones, this is the maximum one-day drop since February 8, 2018, when the index dropped to 1033 points (4.2%).
The S&P 500 fell 3.3% to a level of 2,785.65 points, which was also the worst fall since February of this year. At the same time, the S&P 500 Information Technology Index subindex fell by 4.8% showing the worst dynamics over the past 7 years, a more serious drop was shown in August 2011, when the index fell by 5.3%.
The NASDAQ index at the end of the trading session lost 4.1% and dropped to 7,422.05 points. For NASDAQ the fall of October 10 was the worst since June 24, 2016.
Shares of Apple (AAPL) fell from 225$ to 212.74$ (-5.4%) (today's low) and Amazon (AMZN) from 1858$ to 1686$ (-9.25%) (today's low), but after there was a correction and prices are rised a bit.