Huobi.pro
#RSR/BTC Take-Profit target 1 ✅
Profit: 3.8462% 📈
Period: 1 Hours 13 Minutes ⏰

Binance
#RVN/BTC Take-Profit target 1 ✅
Profit: 5.8359% 📈
Period: 8 Days 19 Hours 13 Minutes ⏰

Binance
#RVN/BTC Take-Profit target 2 ✅
Profit: 12.4133% 📈
Period: 9 Days 11 Hours 8 Minutes ⏰

Binance
#MANA/BTC Take-Profit target 1 ✅
Profit: 2.6316% 📈
Period: 1 Days 6 Hours 56 Minutes ⏰

Our AMA will be done in last week of August..

And 2 lucky members will get free membership of Altcoins premium for a month..

Binance
#CND/BTC Take-Profit target 1 ✅
Profit: 2.8169% 📈
Period: 15 Minutes ⏰

Binance
#MANA/BTC Take-Profit target 2 ✅
Profit: 9.9415% 📈
Period: 1 Days 18 Hours 9 Minutes ⏰

#BAKKT will begin offering secure storage for customer Bitcoins..

Worked exactly well..

BTC failed to break exactly our mentioned zone and resulted in breakdown as expected..

It was a FREE treat for you guys..

At the time of this message in this public channel, BTC was trading in 9700-9810 zone and as mentioned here it broke the support and expectedly tested 10299 on Binance means $9250-9450 reversal support zone..

So still some possibility of 8800 demand zone and 8400 CME gap to be tested if it fails to hold this zone till weekly close..

Trade with a strategy always.. Don't do blind trades..

Probably on Sunday

BTC and whole market update -

BTC after 3 days of silence finally started to be volatile..

BTC monthly close was not as good as before to be Bullish and it only suggest some small bounces rather than a big pumps though situation may change on upcoming weekly..

Reversal support 9250-9450 is still making a very good support to BTC and saving it many times, now it is it's 6th Consecutive time to hold since last few weeks..

Current supports and resistances -
Supports -
$9574-9646 local weak
$9250-9450 reversal support
$8800 is demand zone which can act as a support
$8280-8440 is major support zone for now..

There is CME gap $8440-9000 zone, also big gap from 7200 zone..
There is one unfilled gap at 11700 zone..
CME gaps usually gets filled 92 times out of 100..

We can see a testing of reversal support yet again and if 8800-8910 gets broken we can see 8400 zone..

Resistances-
$9810-9900 zone weak
$10710-10800 neutral
$11520-11610 strong
$10260-10350 Local
$10000 psychological

CMC update -
CMC charts are also not looking Bullish here until a big fundamental makes a move..
CMC having support at $239-243 billion zone neutral
While $216 billion is important support to be considered here..

$252 Billion is weak resistance which is currently being tested..
Next resistance will be $272-277 billion zone..
(coinmarketcap.com)

BTC Dominance -
BTC Dominance is facing resistance at 72% (tradingview).. If it breaks 72.07% zone alts can undergo some more dump and if resistance works well then small relief for Alts..
So overall, Alts are still not safe for a HODL trade..

Marketcap excluding BTC-
Probably the 'Do or Die' situation for Alts..
Currently it is at $68 billion cap but not much strong.. Also at support at the moment so little bounce is expected if BTC gets back to reversal zone..
For Total market cap (excluding BTC), $58-60 Billion is LAST HOPE OF any possibility of Alts season..
Resistances -
$72 Billion weak
$81 Billion important

Now let's move to some fundamentals -
There lot of things in upcoming weeks like ETF deadline in October (BTC has pumped to ATH without ETF, so ETF is not necessarily needed but if gets approved then lot of big players will pump it to the moon, if rejected there can be small panic ),
Bakkt Platform starting at 23rd of September and as we told earlier that Bakkt will look to buy BTC cheaper and it can cause the dump, it is happening the same.. We can see some uptrend nearing to the launch date.. Bakkt will launch wallet in 3 days..
Also, Lot of good things are there too, like Telegram launching own token, some good news from Portugal and Switzerland and so on..
Also there is important hearing in India upcoming days..

Bitfinex will undergo maintainance/upgrade in few minutes so there can be some volatility before they resume it.. Whenever Binance and bitfinex underwent maintenance or upgrade , there has been some quick movements on market so it can be interesting to see..

Meanwhile, there is no need to panic as this is the market cycle and it has to follow..

Trade safe with us.. If Any doubts, be free to ask @team_ucs1 in Trollbox..

Keep supporting..

Thank you ❤️

Meanwhile, as new month has started, if you want to be part of our premium channel then please Read the details given in form and sign up as directed..

Thank you ❤️

We were about to increase the premium fees but we have delayed that decision till 10th September..

So you have 8 days left to join in the same lowest fees with 5% discount if you have any Referral/discount code..

Quick Update was given in premium yesterday..

10600 testing is ongoing.. It is not a resistance but just a short term high on wave..

Next neutral resistance is 10710-10800 zone

Still a possibility if we consider waves of Bull run..

There is some changes in waves.. Yesterday updated chart has been posted in Premium..