BTC Accumulation Continues & Signs Point to Bullish Sentiment

Korea Premium Index reached the six-month low.

#Bitcoin breaking out 200MA on daily 🚀

Despite a strong rally to $45k, the Bitcoin market still has not seen a significant increase in old coins (> 1y) being spent.

This is very different to the 2018 bear market where old hands took exit liquidity on most relief rallies.

NFT monthly volumes in August near $1 billion

Global total value locked in DeFi just reached $148 billion and is rapidly approaching new ATHs

4-hour view:

BTC breaking 50 MA on 4-hour chart with a big candle. This is not a good sign and we may see more dump. The last point of defend for BTC is the daily 200 MA ($45,500). A daily candle close below this level will send BTC back to $42,500-$43,000 area. Put stop loss on all open positions.

Bitcoin dominance bounced from 44% level and the recent spike is because of the BTC pump dump. Overall BTC dominance is bearish and once BTC stable we see good move in alts again. We may see a retest of 46 before next downwards movement.

$ETH

ETH still trading near the support zone. Keep building your positions near the support. We may see some consolidation near the support before next leg up. ETH is bullish as long as it trading above $2900 support zone. A daily candle close below $2900 will open gate for $2600 area.

Coinbase CEO says the board of directors has authorized the acquisition of $500 million in cryptocurrency

Altcoins dominance is slightly rising thanks to #XRP, #SOL and other recent pumps. I think that now you should be super cautious about alts because the target of the move is close, while the potential retest is much much lower!

Long-term investments are safe, mid-term could get into trouble.

7 million Ethereum is now staked on ETH 2.0

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Buy a small bag of $iota

Coin Name: KNC_USDT
🔀 Exchange : Binance

👉 Accumulate Under : $2.20-$2

(Buy in parts)

🚫 Stop Loss : $1.90

💵 TP1 $2.28
💵 TP2 $2.35
💵 TP3 $2.50
💵 TP4 $2.60
💵 TP5 $2.70

📟 Call Date : 23/AUG/2021

🔰Call Type : Mid Term /Spot

👉 Note: Sale Buy in your own risk

👉 Special Note:
Buy in given range only

The number of bitcoins held by long-term holders reached an all-time high at 12.69 million bitcoins. Higher than the previous peak last October 2020.

📍SIGNAL ID: 0409📍
COIN: $NEAR/USDT (3-5x)
Direction: LONG📈
➖➖➖➖➖➖➖
Confirmed breakout, we told you we were about to have a couple of gem pops, and this one is the first😘

ENTRY: 5.35 - 5.64
OTE: 5.42

TARGETS
Short Term: 5.70 - 5.78 - 5.88 - 6.00 - 6.20
Mid Term: 6.40 - 7.00 - 7.70 - 8.50 - 9.35

STOP LOSS: 4.89
➖➖➖➖➖➖➖
This message cannot be forwarded or replicated
- Binance Killers®

$AKRO get in if you don't have.

📊 (BINANCE)

#DOGE /USDT
Long Below :- $0.27800

TARGET:- $0.2850 - $0.29100 - $0.301 - $0.3150

Don't miss this Trade ।।



MAX LEVERAGE :- 10x

Long #SNXUSDT

Risk level - High

Entry Zone: 11.20-12.08

Leverage - 3x

Targets - 12.80-13.60-14.90-16.00-17.20-19.00-20.20-23.00-25.75

Put only 5% of your portfolio in this trade

Close: You may keep closing 10-15% of your open positions at each target.

Overall stop-loss - 10.48

RR - 12.31

Current Rate - 12.02

TRB should breakout soon

https://www.tradingview.com/x/BBZS7h6j/