Crypto Signals
What about BNB, is it worth buying? This is the question asked by one of our members and here’s my opinion on this coin. Technically looking, this coin is very similar to XRP. It lost support that was holding since September 2019 but in the recent price…
If we get the close above the weekly resistance (red line), we expect a continuation in the weeks ahead towards 0.0025BTC.
Otherwise, we’ll get one more close in this mini range and the sideways market will continue.
Otherwise, we’ll get one more close in this mini range and the sideways market will continue.
Banking vs Crypto
How does it work?
A) BANK
When someone makes a deposit in their bank account, that money is no longer the depositor’s property, not directly. The bank now owns it, and in return, you receive a bank account where you can withdraw your money. In theory, the customer should have access to their deposit amount on demand but that is not true. The bank doesn't hold on to the full amount, only a fraction normally from 3% to 10% and the rest is loaned or used for operations.
😎 Bitcoin
Contrary to the system, we have Bitcoin, which is a decentralized digital currency that introduces a very different economic framework. A distributed network of nodes runs Bitcoin and its data is protected by cryptographic proofs and constantly recorded on a public ledger called the blockchain. There is no need for a bank or any kind of intermediary with Bitcoin and no such thing as fractional reserve. Also, the issuance of Bitcoin is finite, it is simply not possible to generate coins from thin air like traditional banking. You have a fixed amount and it cannot be modified ever.
Just a quick reminder for all of you to be aware of the power that Bitcoin has. Share with your friends and let them know.
How does it work?
A) BANK
When someone makes a deposit in their bank account, that money is no longer the depositor’s property, not directly. The bank now owns it, and in return, you receive a bank account where you can withdraw your money. In theory, the customer should have access to their deposit amount on demand but that is not true. The bank doesn't hold on to the full amount, only a fraction normally from 3% to 10% and the rest is loaned or used for operations.
😎 Bitcoin
Contrary to the system, we have Bitcoin, which is a decentralized digital currency that introduces a very different economic framework. A distributed network of nodes runs Bitcoin and its data is protected by cryptographic proofs and constantly recorded on a public ledger called the blockchain. There is no need for a bank or any kind of intermediary with Bitcoin and no such thing as fractional reserve. Also, the issuance of Bitcoin is finite, it is simply not possible to generate coins from thin air like traditional banking. You have a fixed amount and it cannot be modified ever.
Just a quick reminder for all of you to be aware of the power that Bitcoin has. Share with your friends and let them know.
The weekly close above the resistance which means only one thing in the bullish market, long trade.
We’re targeting the previous high as the first major target.
There’s a chance for $14 000 to be reached but firstly we need to see strength in the area of previous high to call any higher than that.
The exact setup and stop loss (invalidation) was shared in our Premium Channel where you if want to join message @CryptoSignalsAdmin.
We’re targeting the previous high as the first major target.
There’s a chance for $14 000 to be reached but firstly we need to see strength in the area of previous high to call any higher than that.
The exact setup and stop loss (invalidation) was shared in our Premium Channel where you if want to join message @CryptoSignalsAdmin.
Forwarded from Crypto Signals Premium Channel
XBTUSD Trade Setup
We got weekly close above the resistance and this the setup we’re going to take.
Try to get as lower entry as possible because that will help you have great risk-reward on this trade.
The first major target is the previous high.
Invalidation area (stop loss) is below $11 300 (the support 2-3 days ago)
Good luck 🙏
We got weekly close above the resistance and this the setup we’re going to take.
Try to get as lower entry as possible because that will help you have great risk-reward on this trade.
The first major target is the previous high.
Invalidation area (stop loss) is below $11 300 (the support 2-3 days ago)
Good luck 🙏
Forwarded from Crypto Signals Premium Channel
Here it goes 🚀
It’s time to manage this trade. There’s no reason to hold stop loss that low because we got a new invalidation area.
The new invalidation area is below this blue block ($11450) and that’s where we’re moving our stop loss to.
Taking aro 15-20% of the original position and booking as profit would be a great idea to do right now.
Enjoy profits again 🚀😍
It’s time to manage this trade. There’s no reason to hold stop loss that low because we got a new invalidation area.
The new invalidation area is below this blue block ($11450) and that’s where we’re moving our stop loss to.
Taking aro 15-20% of the original position and booking as profit would be a great idea to do right now.
Enjoy profits again 🚀😍
One more winning trade in our Premium Channel 🚀
Real knowledge and patience for the right setup always pay off! If you want to learn with us (you get a trading guide written by me) and if you want to get the trading setups we trade, message @CryptoSignalsAdmin to join!
Real knowledge and patience for the right setup always pay off! If you want to learn with us (you get a trading guide written by me) and if you want to get the trading setups we trade, message @CryptoSignalsAdmin to join!
Crypto Signals
Fundamentally looking, NEO is a great coin. It’s still called Chinese Ethereum with 100+ dAps and the confirmation of their growth is recent Testnet release on June 1st. It’s definitely not a shit coin and has a working team behind that’s continually working…
As NEO reached the projected area, it’s time for a new forecast.
In order to become one of the altcoins with a bullish chart, it has to reenter this range between 0.0018 and 0.0025BTC.
If it gets rejected from this range, we can see new lows by the end of this year. This is a very important time for NEO holders. Reentry into the range could spice the things up and we may see some parabolic from this coin but nothing until it reclaims broken support and enter the range again.
In order to become one of the altcoins with a bullish chart, it has to reenter this range between 0.0018 and 0.0025BTC.
If it gets rejected from this range, we can see new lows by the end of this year. This is a very important time for NEO holders. Reentry into the range could spice the things up and we may see some parabolic from this coin but nothing until it reclaims broken support and enter the range again.
If you're playing the bull side on altcoins here, look for the ones that wicked low and managed to climb back up quickly.
Might seem like the ones that are still "lower" are a better bet but they aren't.
You wanna get involved in the ones showing strength, not the weak ones.
Might seem like the ones that are still "lower" are a better bet but they aren't.
You wanna get involved in the ones showing strength, not the weak ones.
Forwarded from Crypto Signals Premium Channel
If you see an altcoin looking like this, stay away from it.
In this example this is EOS but no matter the altcoin, with this technical structure, it will be very hard to go up.
A bearish retest of broken support that’s turned into resistance and next target is new lows…
In this example this is EOS but no matter the altcoin, with this technical structure, it will be very hard to go up.
A bearish retest of broken support that’s turned into resistance and next target is new lows…
Crypto Signals via @vote
Will we see Bitcoin below $10 000?
anonymous poll
Yes! – 218
👍👍👍👍👍👍👍 58%
No! – 126
👍👍👍👍 34%
I have no idea... – 29
👍 8%
👥 373 people voted so far.
anonymous poll
Yes! – 218
👍👍👍👍👍👍👍 58%
No! – 126
👍👍👍👍 34%
I have no idea... – 29
👍 8%
👥 373 people voted so far.
Is this end of the bull market?
Look at this range.
As long as Bitcoin is in this range, it’s in the accumulation zone for the big move.
We already had to the downside that got bought up which is a pretty bullish thing for all the bulls in the market.
But on the other side, this range can continue for the next 3-6-9 months and patience is well-needed.
Look at this range.
As long as Bitcoin is in this range, it’s in the accumulation zone for the big move.
We already had to the downside that got bought up which is a pretty bullish thing for all the bulls in the market.
But on the other side, this range can continue for the next 3-6-9 months and patience is well-needed.
Down to daily TF, below $10500 it targets $9600. If we strength above $10500, we can easily think of new longs but I would give some time for the market to build the next structure because it’s pretty hard to call anything after $1500 move down.
The next target I see is $9600 (previous support and CME gap as well).
After that, we’ll see what the market offers us.
The next target I see is $9600 (previous support and CME gap as well).
After that, we’ll see what the market offers us.