Crypto Buy Signals

BTC now trading around 7710. As you know fibonacci retracement happens a lot in the world of bitcoin. The magic number we are looking is 0.618 (61.8%). If we look at the first retracement in the image you will see that the lowest point compared to the highest point is the total fib range. At the end of the retracement you see we are at 61.8% and had a run up. If we look at the seccond fib retracement we see the same thing. Currently we are at the 0.618 (61.8%) level again so we should expect a run up. To determine how much of a run it will be, we can take the whole fib range (0 to 1) and this would determine how high the run could be seen from the 0.618 fib level. In this case we could see a run towards 8950. I know this is a bit confusing if you don't do technical analysis etc. but maybe we can learn something together. We also want to let you guys know we don't grab some random numbers and hope these are the correct ones ;) Conclusion : fibonacci at support level 0.618 and w...

Oke we are back! you guys must be thinking "where did they go, no signals?, are they gone?" No we are not and we would like to apologize for the absence! There where a couple of issues, first of all google play looking in to mining and crypto apps so we had to deal with that first. Don't worry we are not mining of you guys!!. second we had some family issues and as you all can understand, family comes first. The signals will increase over time as we have more and more time now and have more options to work on the app again. We hope you all understand the situation and we will keep you posted as we recover from these hectic times. Again very sorry for not being there for you guys!!

On August 10th, 2018, the SEC will announce their decision to either approve, deny or extend the decision-making period on Cboe/VanEck/Solid X’s Bitcoin ETF. As that historic date rapidly approaches, both excitement and chaos regarding its details have ramped up. Here are a few conflicting or unclear stories circulating regarding proposed ETFs. Read whole article...

Digital asset manager Bitwise has filed with the U.S. Securities and Exchange Commission (SEC) to launch a regulated exchange-traded fund (ETF) for cryptocurrency, according to a July 24 press release. The Bitwise HOLD 10 Cryptocurrency Index will include 10 cryptocurrencies, and will track the Bitwise HOLD 10 Private Index Fund that was founded in November. According to the press release, the HOLD 10 Index captures around 80 percent of total market capitalization of the cryptocurrency market. Read whole article...

BTC now trading around 8200. Ok the cool off happened faster then we thought :p We told you 8300 would be the next target and it kind of did... touched 8300 and down to 8200. Again bitcoin needs some cool off time now. 8000 would act as support now. If we go beneath that mark it would mean a  correction. We think a bit of sideways action again and the  another run up to 8600. Dont forget to set your stop loss! DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

Total market capitalisation resistance is likely at around 330 billion USD. $ BTC will lkely increase to a dominance around 50% before alts start catching up. Calculated BTC price ill be around upper half of the 9k's DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

BTC now trading around 8000. First of all let us apologize for the amount of signals. There are a lot of things going on (private) that sadly keeps us from posting signals etc. Also I hope you guys understand now why we didn't post any alt signals, if BTC moves are big, alts suffer. Back to bitcoin... We have broken the major resistance that has kept us low all the way from January (green line). This is a major breakthrough and as long as we stay above it for a couple of days we will be fine. The RSI (relative strength index) is above 70 now, we didn't go above 70 RSI for a couple of months now. The last time we went above this RSI level is December (orange circles in image). 70+ RSI could be a bad thing because it tells us that bitcoin is overbought, indicating that a correction is needed. If we look at the EMA's there is good news too! Bitcoin broke the 200EMA (orange line). The thing now is that we need to close this above this 200 daily EMA. The 200EMA level is at ~7900...

BTC now trading around 7450. We are still in this channel as you can see in the image. You can swing trade but use a tight stop loss. We have to wait a bit longer to say if we go up or down. RSI is cooling of and returning to normal conditions from overbought. If we see a clear picture of what will happen we will update again. DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

We got some questions about why bitcoin is booming and alts are not. The only answer we can give is.... this is normal... in the past we have seen the same thing, first bitcoin dominance (look on coinmarketcap.com at dominance) rises and alts follow after that. This is still the reason why our any signals are none and bitcoin is important. Conclusion: bitcoin has to gain strength before alt season starts. DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

BTC now trading around 7500. Still trying to break through the resistance of 7500 to 7600. We are now in a symmetrical triangle formation. There is a big chance we will break the resistance and head up to 7700, this because we cooled off and are ready for a new run up (RSI MACD etc..). DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

BTC now trading around 7350!!! YEEEEEESSS what a run and what a prediction on our side :P The head and shoulder formation did what it had to do. Bulls are now battling the 100EMA (circle in image) at the 7400 dollar mark. There is a lot of resistance at this 100EMA, we have to wait and see what kind of formation will form now and wait for this EMA to break. Be sure to set your stop loss to keep your profit! If anything changes we will update you guys again. DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

Nearly two years after its initial announcement and months of delays this year, the world’s first bank-owned cryptocurrency exchange finally sees its public launch in Japan. With an announcement on Tuesday, Japanese financial giant SBI Holdings has formally launched its cryptocurrency exchange platform, dubbed ‘VCTRADE’. Read whole article...

BTC now trading around 6725. As we told you guys the inverse head and shoulders formation came trough. Now bitcoin needs to break the resistance ranging from 6700 to 6800. By breaking this resistance we will see 7000 and higher. If bulls fail to break this resistance the worst case scenario (looking at the fib levels 61.8) would be a retracement back to 6350. These both scenarios will depend on the volume flowing in to the market these days. It is very hard to tell what will happen, there are little to no indicators for what will happen, the only thing is that after a inverse head and shoulders formation we usually have a run up. To be sure always use a stop loss! DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our t...

BTC now trading around 6600. The head and shoulders formation is still in tact. Could be that we will see 6800 soon! As you can see in the image below we have made a fib analysis again. If the worst happens (go down) we would see 6475 at the 61.8 fib level (expected not to break). For now we are in a small symmetrical triangle and probably will go up. DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

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BTC now trading around 6340. Head and shoulders formation is still going. We now have to break the 6350 resistance. Once that is done we will continue upwards via this H&S formation. Not breaking this 6350 resistance will lead to a retest (worst case) of 6000 mark again and potentially break the H&S formation. DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

The Governor of the Bank of Thailand (BoT), said that the bank is considering blockchain technology for various applications during a speech at the the Bloomberg ASEAN Business Summit on July 12. The central bank’s governor Dr. Veerathai Santiprabhob stated that the bank was specifically reviewing blockchain applications for cross-border payments, supply chain financing, and document authentication. Read whole article...

BTC now trading around 6220. If you look at the image below you guys see a lot of colors :P This is called a fibonacci analysis. A key number of a lot of things and also used in bitcoin technical analysis is 61.8%. Bitcoin has held this 61.8 fibonacci support level at 6180 dollar (freaky right?). As long as we hold this level (this is very probable!) we are good. For you guys who are saying "we went beneath this 61.8% fib level" you are right but if you look at the trend, bitcoin has gone beneath this level but bounced back up in a couple of minutes. This also tells us that this is a strong support. We still are able to finish the head and shoulders formation we have talked about in our previous posts. As always we will keep you guys updated. DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibilit...

The fate of the Bitcoin ETF will NOT be decided on August 10th, as the comment period won't be over (Securities lawyer clarifies) Apparently the August 10th date going around the community which claims to have said that will be when the SEC makes a decision on ETFs. Unfortunately, that's impossible, even though much of the community now seems to be under the impression that it's a definitive date. The way this works is that the SEC issues a notice, which is then published in the Federal Register. As you will find stated clearly in the notice, the period is within 45 days from the date of publication in the Federal Register - not the date the notice is released by the SEC (Failure to understand this distinction is the source of the incorrect August 10th date). The date of publication in the Federal Register was July 2nd. This means they have until August 16th. Bear in mind that it can be extended, and even once the period ends, the SEC may "initiate proceedings...

Ripple (XRP), the largest bank-targeted blockchain protocol, is attempting to take over 50 percent of India’s finance sector by processing payments with low fees and efficient systems. At the Scaling and Digital Disruption in Fintech conference, Ripple Vice President Asheesh Birla, said that the company envisions surpassing the adoption rate of bitcoin to ensure XRP becomes the dominant cryptocurrency in the region. Read whole article...

BTC now trading around 6240. Still following our predicted head and shoulders formation. If it keeps following this formation it is up to 6800 and if there is enough force even 7000 could be broken. If bears break the formation it is back to 6000. Trade safe and use a stop loss, better times are ahead of use so try not to lose money!  DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

President Donald Trump has ordered the U.S. Attorney General to develop a Department of Justice task force on market integrity and consumer fraud that would include crimes involving cryptocurrencies. The executive order specifically mentions digital currency as an area to be investigated and, where necessary, prosecuted. The task force replaces the Financial Fraud Enforcement Task Force that was created on Nov. 17, 2009. Read whole article...

The world’s second largest crypto exchange, Binance, is backing plans to create a blockchain-based bank with tokenized ownership, Bloomberg reports today, July 12. The future “Founders Bank” would be owned by digital token investors and be based in Malta, known for its robust and transparent crypto regulatory climate. Read whole article...

India is not going to put a blanket ban on digital currencies, but rather treat them as commodities, an anonymous source in the government told news outlet Quartz July 11. According to Quartz, a Finance Ministry panel has ordered a study on cryptocurrencies, which may suggest that the government would treat them as commodities. A senior government official with knowledge of the panel’s discussion told Quartz that they doubt the government aims to ban cryptocurrencies. Read whole article...

BTC now trading around 6200. Not much to explain here. Inverted head and shoulders formation is clear. It can be broken, if that happen it is back to 5800 and bounce from there. It is more likely that we finish this head and shoulders formation though. After this formation we will see a run up and probably break the 7000 resistance.  DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

In a nutshell, the application of ETFs by Wallstreet firms is a clear indicator that the big money is coming into the crypto markets through the additional products of ETFs. The impact of these products is expected to be astronomical in the sense that if the SEC approves the ETFs, they would have indirectly given the green-light for mainstream investing in all other cryptocurrencies. Hence the trillions in funds will eventually end up in the crypto markets. Friday, August 10th is the day the SEC will announce if they will approve the Bitcoin ETF from CBOE or not, so mark your calendars people because this is gonna be HUGE. Comments on Cboe BZX Rulemaking ( https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htm )

A new study has found that cryptocurrencies like Bitcoin (BTC) have the potential to become a mainstream means of payment and already meet one of the three main criteria of money, according to an eToro press release July 9. The study mentioned in the press release was a joint effort by Imperial College and U.K. trading platform eToro. The report dubbed “Cryptocurrencies: Overcoming Barriers to Trust and Adoption,” written by professor William Knottenbelt from Imperial College London and Dr. Zeynep Gurguc from Imperial College Business School, states that cryptocurrencies are the “natural next step” for money and can become a mainstream payment instrument “within the decade.” Read whole article...

BTC now trading around 6670. We told you guys earlier that we were in a channel upwards. We were wrong about that because it is starting to like we are in a ascending triangle. This could mean that at the end of the triangle we will see a continuation up. If we look at the short term now we see a little bullflag (blue lines). There is a high chance that we will see a test of the 6800 resistance. If we break this 6800 resistance we will see 7000. If not we could fall towards 6500.  DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

SAN FRANCISCO:Facebook has promoted one of its senior engineers Evan Cheng as the Director of Engineering at its recently launched Blockchain division, signalling the importance of the project, the media reported. Cheng is also listed as an advisor to blockchain startups and projects Zilliqa and ChainLink, the TechCrunch reported. Read whole article...

According to Coindelta co-founder Shubham Yadav, cryptocurrency exchanges in India can no longer process fiat-to-crypto trades and have shifted their business model to crypto-to-crypto trading. Read whole article...

Walmart has yet another delivery-focused blockchain patent in the works. The application published on July 5 is entitled "Delivery Reservation Apparatus and Method," and as suggested, it outlines a way for managing package reservations in the context of the purchaser not being available to actually receive it. It's the latest "smart delivery" intellectual property play from the retail giant, which in the past year has submitted a number of U.S. patent applications in this area. Indeed, the company seems to be looking at the technology as a way to automate elements of the delivery process, but to date, much of the company's public-facing work with blockchain has been focused on food supply chain tracking. Read whole article...

BTC now trading around 6750. As you can see in the image below we are trading in this upward channel. Soon we could hit the 7000 resistance. We think if we hit this 7000 resistance, bitcoin will see a correction back to 6800 and prepare to break the 7000 resistance once and for all. Why are we so bullish? First of all we have seen a lot of good news these days. Second of all we have stayed above the 20 EMA and ethereum is also above this 20 EMA now. Third of all the two EMA's are crossing (10 with 20) this is also a indication of a rise in price, as we have seen it happen in the past. As usual, play it safe and set a stop loss! If the price is near the 7000 mark we will update you guys again. DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your ...

According to South Korean central bank the Bank of Korea (BOK), the outstanding balance of virtual currency accounts in domestic banks totalled $1.79 billion as of Dec. 2017, local news outlet Yonhap reported Friday, July 5. The BOK’s report considered the $1.79 billion (2 trillion won) figure to be relatively low, as it is equivalent to around 8 percent of the total deposits operated by the country’s brokerage houses -–– reportedly worth 26 trillion won ($23.27 billion). Read whole article...

Cryptocurrency mining firms are now moving to underpopulated, rural areas of Japan drawn by cheap electricity prices and subsidies that help them keep costs down. This makes Japan’s countryside one of the most attractive areas for miners, along with countries like Iceland and Canada. According to Nikkei Asia Review, cryptocurrency mining firm Alt Design moved to Fukui, a city of around 250,000 people, to take advantage of relatively low electricity and setup costs. The city also has a subsidy program that pays companies who move into unused factory spaces half their rent. Read whole article...

The new Ethereum language Vyper has been released and is so far getting enthusiastic reviews and comments on social media. The language which is an upgrade from the discarded Serpent offers developers an alternative to Solidity with some early converts calling it an improvement. Read whole article...

CityxChange, the smart city project, which will be representing the usefulness of IOTA within the smart city context in various cities across Europe, has got a thumbs up from the European Union commission evaluating the EU research and innovation programme Horizon 2020. The smart city project had submitted a proposal to receive funding from the European Union’s Horizon 2020 research and innovation programme in the call for the topic ‘Smart cities and communities’. “Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020)”, The project received really good comments and was placed above every other competing project. Being at the Numero Uno position, the consortium project will receive 20 million euros in funding by the European Research and Innovation programme Horizon 2020. Read whole article...

Stats on where ICOs are mostly coming from, and what they are mostly about, paint an interesting insight into the ecosystem. As does the data on how the ICO market has changed into 2018. The biggest month for ICO investment was just four months ago, and 2018 has also seen the time taken to complete and ICO, and success of these projects, shift significantly since 2017. Around 1000 cryptocurrencies have been considered deceased recently. It was attached to Bitcoin’s drop in value and was hinting toward a total cryptocurrency bubble. Read whole article...

The FedEx Institute of Technology has announced its partnership with pharmacy services company Good Shepherd Pharmacy to develop new blockchain-based infrastructure to help cancer patients get medications, news outlet Commercial Appeal reported July 6. The FedEx Institute of Technology is an organization that serves as a promoter of interdisciplinary research in emerging technologies that operates in tandem with the research infrastructure of the University of Memphis. The institutions launched the Institute in February of this year in order to make University of Memphis a center of technology and research. Read whole article...

BTC now trading around 6540. If we look at the first image below you will see 2 important moving averages. The 10 EMA and the 20 EMA. As we told you guys yesterday, we need to stay above this 20 EMA to have a chance of a rise in price. On this same image you will see that the 10 EMA works as a floating support (price goes there but doesn't break it). As long as this "dance" stays above this 2 lines we are good, if we break it it will be back to 6400 (first support). If we fall below this 6400 support we may see 6000 again. If we look at the bullish side we see a inverse head and shoulders formation (second image). After a inverse head and shoulders pattern we usually see a rise of price, if we combine this with the EMA's we could see a jump soon. We still advise you to set a stop loss around 6500 to 6450. If you are a risky trader you can wait and see how the 6400 support plays out. DISCLAIMER : We are not professional traders nor financial advisers. Please inv...

Leading Bitcoin (BTC) mining company Bitmain is now valued at $12 billion following a Series B round of funding, local news outlet Caixin reports July 6. According to Caixin, Bitmain raised between $300 million to $400 million from Sequoia Capital subsidiary Sequoia China, U.S. hedge fund Coatue, and Singapore-based governmental investment fund EDBI. In September 2017, Beijing-based Bitmain received $50 million in a Series A funding round from Sequoia Capital and IDG Capital. Read whole article...

On June 25, Japan’s Minister of Finance, senator Fujimaki suggested that the current tax rate for crypto transactions in the country, which goes up to a maximum of 55 percent, could be swapped with a 20 percent flat tax similar to stocks or forex trades. While Japan is unsure if the current tax framework should lose its progressive scale — mentioning “tax fairness” as one of the arguments in favor of sticking with the old model — some major markets don’t have clear guidelines for how Bitcoin and altcoins are taxed at all. Here’s how cryptocurrencies are currently levied from the U.S. to Switzerland. Read whole article...

France’s “Monsieur Bitcoin” Jean-Pierre Landau released an initial report into cryptocurrency July 5, claiming it was “neither desirable nor necessary” to regulate the technology. Government official and academic Landau consciously compares “technological” and “financial” innovation in the report, which runs to over one hundred pages. Some of the conclusions may come as a surprise to industry commentators, Landau arguing that over-regulation of cryptocurrency would constitute a “three-pronged danger.” Read whole article...

BTC now trading around 6575. The market is stable (almost). The only thing we have to keep our eyes on is the 20 EMA (moving average) of bitcoin. It has to stay above it to keep a bullish flow. As soon as this moving average breaks, bears will take over. This 20 EMA is at the 6500 mark. If you have bitcoin in your wallet it would be wise to set a stop loss a little bit beneath this 6500 mark (6450 - 6400). DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

For the first time in history, the government of South Korea has officially recognized crypto exchanges regulated financial institutions and banks. Local publications in South Korea have reported that the financial authorities of South Korea have finalized their plans to categorize crypto exchanges as an industry called “Cryptocurrency Exchange and Brokerage” to enable trading platforms to perform at a large capacity with support from local authorities. Read whole article...

Starting today, banks won’t allow payments for cryptocurrencies through their systems.  The Reserve Bank of India had asked them to stop providing services to firms and individuals who deal in bitcoins and other such virtual money. And exchanges got no relief from the Supreme Court. While a bench headed by Chief Justice Dipak Misra agreed to hear the petition by the Internet and Mobile Association of India on July 20, it said the RBI’s order will be implemented. Read whole article...

A newly-published Western Union patent envisions a system that manages recurring transfer notifications and secure payments for a cryptocurrency network. According to filing documents published by the U.S. Patent and Trademark Office on Thursday, the Englewood, CO-based firm — the largest money transfer service in the world — has sought to devise a method to increase the security of electronic payments. The firm first applied for the patent in Dec. 2016. Read whole article...

Chinese cryptocurrency exchange Huobi has confirmed trading on its new Australian platform begins today, July 5. The exchange is fourth largest in the world as of press time, with $713 million in daily trade volume, according to Coinmarketcap. In an announcement, Huobi, which last week also unveiled its London-based operation serving the European market, said trading pairs would be phased in throughout Thursday from 10am Sydney time. Read whole article...