SHA/USDT signal on KUCOIN

SHA/USDT signal on KUCOIN

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IMPORTANT: The information in this signal is meant for educational purposes only. Please, do not consider it as financial advice. There is no guarantee about the signal information or any results you may get by trading with it.

Source: cryptoqualitysignals.com

Author: cryptoqualitysignals


ARPA/BTC signal on HUOBI

ARPA/BTC signal on HUOBI

WARNING: If you are seeing this signal outside of cryptoqualitysignals.com website, you may be victim of a SCAM. Contact [email protected] if you have any questions about it.

IMPORTANT: The information in this signal is meant for educational purposes only. Please, do not consider it as financial advice. There is no guarantee about the signal information or any results you may get by trading with it.

Source: cryptoqualitysignals.com

Author: cryptoqualitysignals


Bitcoin to Print Sell Signal in December 2020, Says Crypto Firm Founder

Bitcoin to Print Sell Signal in December 2020, Says Crypto Firm Founder

Bitcoin rallied to another year-to-date high three days in a row, this time passing above $18,000 in a rally that has pushed its price up by 160 percent already in 2020.

The benchmark cryptocurrency hit $18,488 during the Asian trading session on Wednesday, a level it last touched in January 2018 when the price was correcting lower after topping out near $20,000 a month before. Many traders agreed that the current bull run might retest the record high all over again as demand for Bitcoin grows against its limited supply.

Billionaire investor Michael Novogratz even extended his upside target to $65,000, citing “network effect.”

A lot of friends asking me if they missed the crypto rally. FWIW, I bought more $BTC and $ETH last night. #bullish.

— Mike Novogratz (@novogratz) November 16, 2020

But at the same time,  other key observers spotted bearish cracks. One of them is Greg Waisman, co-founder/COO of Mercuryo.io — a crypto wallet service. In a statement given to Bitcoinist, the executive noted that Bitcoin might see a trend reversal by December 2020.

“It is worth mentioning that the Tom Demark (TD) Sequential indicator could present a sell signal in December on the monthly chart,” he said, adding that the cryptocurrency “could go parabolic” before the rally exhausts.

In retrospect, TD9 Sequential Indicator enables traders to find the inflection point in an uptrend/downtrend via successive numbers. It denotes candles with symbols 1-9 in the process of an asset’s continuous rise and fall. When the candle wears the number ‘9,’ the trend reverses.

Bitcoin approached $20,000 as its bull run intensifies. Source: BTCUSD on TradingView.com

The TD9 Sequential Indicator’s success rate is 68.6 percent based on individual stocks and 75.6 percent based on indexes.

“For this reason, it is imperative to be aware that the time to realize profits is coming soon as the TD foresees a one to four monthly candlesticks correction before the uptrend resume,” explained Mr. Waisman.

The pullback warnings kept coming from other analysts.

Independent crypto chartist Michaël van de Poppe reminded that Bitcoin undergoes a 30 percent average downside correction after each of its explosive bullish move. He noted that if the current BTC/USD trend tops out at its current levels, the pair could fall to as low as $12,500-13,000.

“This is the previous high and a very healthy pullback,” he added optimistically.

Meanwhile, a pseudonymous analyst stressed it is better for traders to not short the Bitcoin top until a clear confirmation arrives.

“Trail it until the higher lows stop. Keep it simple, stupid,” the analyst wrote. “I do expect a sharp pullback, but it’s Bitcoin so harsh pullbacks are assumed.”

Bitcoin was trading 2.64 percent lower from its YTD high as of this press time.

Source: crytonow.com

Author: adminhttps://crytonow.com


CVC/ETH signal on HUOBI

CVC/ETH signal on HUOBI

WARNING: If you are seeing this signal outside of cryptoqualitysignals.com website, you may be victim of a SCAM. Contact [email protected] if you have any questions about it.

IMPORTANT: The information in this signal is meant for educational purposes only. Please, do not consider it as financial advice. There is no guarantee about the signal information or any results you may get by trading with it.

Source: cryptoqualitysignals.com

Author: cryptoqualitysignals


ETH Price Breakout Imminent As Ethereum Eyes $500 Levels

ETH Price Breakout Imminent As Ethereum Eyes $500 Levels

ETH-$500

While Bitcoin (BTC) is on a roll hitting new 2020 highs, Ethereum (ETH) is following the cue. At press time, Ethereum (ETH) is trading at a price of $491 with a market cap of $55 billion. The world’s second-largest cryptocurrency is eyeing an imminent breakout above $500 levels.

With a closing above the $488, market analysts are expecting a breakout to $700 levels based on historical charts. Thus, for those who have missed the initial run-up for Bitcoin (BTC), they can still make the most of the upcoming ETH price rally.

The last two times #Ethereum $ETH closed above the $488 level, it advanced 75% in 7 days and 66% in 21 days. This is why many technical people are predicting breakouts to the $600-$720 area as there simply isn’t much on the chart between these areas. pic.twitter.com/6VQDjMmM6g

— Architect (@DataCommandant) November 18, 2020

Besides, the Ethereum fundamentals are also getting strong with every passing day. The total number of addresses holding over 1 ETH has hit an all-time high surpassing the previous levels of September 2020.

📈 #Ethereum $ETH Number of Addresses Holding 1+ coins just reached an ATH of 1,168,862

Previous ATH of 1,168,839 was observed on 19 September 2020

View metric:https://t.co/IuKpD48IXd pic.twitter.com/MeyZ4WrivL

— glassnode alerts (@glassnodealerts) November 18, 2020

On the other hand, there’s also an inflow of institutional money coming to Ethereum. The Grayscale Ethereum Trust (ETHE) has seen a surge of 27% in assets under management (AUM) during the month of November. As of date, the ETHE has 1.221 billion of assets under management that contributes 11% of the total AUM by Grayscale.

Ethereum remains the hot platform for all the decentralized applications (DApps) and DeFi tokens. In another milestone, the top ten DApps on Ethereum have registered an average of over 1 million daily active users on the platform.

The top 10 decentralized applications #DApps on the @ethereum blockchain have reached 1,017,760 daily active users on average over the past month.
out of those numbers infographics shows daily active users. #WazirXWarriors pic.twitter.com/ZuW8ydIrmt

— Nikhil D Prince 🇮🇳 (@NikhilDPrince) November 18, 2020

Besides, with the DeFi wave this year, Ethereum has settled more value on-chain than any other blockchain platform. Ethereum 2.0 Beacon Chain launch is currently scheduled for December 1. Despite the Ethereum deposit contracts going live more than a week back, there aren’t enough stakers so far.

Ethereum coordinator Danny Ryan recently posted:

“To trigger genesis at this time, there must be at least 16384 32-ETH validator deposits 7 days prior to December 1. If not, genesis will be triggered 7 days after this threshold has been met (whenever that may be)”.

But out of the minimum threshold, there’s only 20% staking so far within the deposit contracts.

100,480 ETH has been staked in the Eth2 deposit contract.

423,808 more ETH is needed to launch Eth2.

███░░░░░░░░░░░░░░░░░ 19.2%

— Eth 2.0 Deposit Contract – Progress Meter Bot (@DepositEth) November 18, 2020

So far, nearly 475 depositors have conducted around 3000 transactions within the deposit contracts. Well, it is very much likely that we might see further delay in the launch if there aren’t enough ETH deposits.

The post ETH Price Breakout Imminent As Ethereum Eyes $500 Levels appeared first on Coingape.

Source: cryptomoneyteam.co

Author: By TeamMMG


CHR/BTC signal on HUOBI

CHR/BTC signal on HUOBI

WARNING: If you are seeing this signal outside of cryptoqualitysignals.com website, you may be victim of a SCAM. Contact [email protected] if you have any questions about it.

IMPORTANT: The information in this signal is meant for educational purposes only. Please, do not consider it as financial advice. There is no guarantee about the signal information or any results you may get by trading with it.

Source: cryptoqualitysignals.com

Author: cryptoqualitysignals


SHA/USDT signal on KUCOIN


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