Leverage-Trader_6-20-2019This post is only available to members.
Bitcoin Price rush to higher levels testing one more time price resistance of nine thousand. The entire movement made today have already been backed out by the bears keeping prices below the resistance. Check out the Analysis for Sunday June 16.
Bitcoin hit our decision zone after a few days of accumulation between the prices of $7500 and $8000. At the second day trying to break out through the $8200 mark, stay tuned to what expect for the weekend.
Leverage-Trader-6_09_19This post is only available to members.
It’s the first week of the month, with Bitcoin moving as we expected. More details about what to expect into the weekend below. Join us for another round of leverage trading.
Before we jump into today’s publication, let’s quickly recap the top picks that were featured in last Monday's publication. BNBUSDT - Both accumulation zones were filled. Unfortunately, price has since dropped to $28.76 and hit the SL for the 1st ACZ at $29.30. The stop loss for the 2nd ACZ is standing at $27.30 so hopefully the 200 EMA & SMA will hold. ADAUSDT - Accumulation zone has been filled. Currently our position is under water mainly due to the #Bitcoin dump that took us out of the ascending triangle we were consolidating in. However our SL is still in place at $0.0762.
Bitcoin has sustained its movement upwards and due to this, the altcoins have finally begun to follow. As the week continues, be sure to keep an eye on Bitcoin, since it is controlling the market. This week we look into a coin with an extremely high supply and a coin with a very low volume. Both coins are riskier than usual but offer us the possibility of large price spikes.