CoinGuru®
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🔰 #Cryptocurrencies Research, Analysis and Trading
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BTC UPDATE:- BTC is dropping very hard in the last few days and we clearly told you in our previous BTC update then it breaks down the structure so we see a dump in the market. Hope you guys did not stuck in any position and save your money. Now what's next?…
BTC UPDATE:- BTC is still holding the support of the $20.8k level perfectly so far which is a good sign. As long as BTC holds this support we can expect a good bounce. There is not much movement on weekend so possibly we see a good movement on Monday. Resistances for BTC are at $21.8k and $22.5k levels. Let's see how we got this weekly close and how the price reacts on Monday's opening.

Till then enjoy your weekend with friends and family. Stay tuned and pin our channel at the top.
Approximately 137,000 $BTC is estimated to be released from mtgox at the end of August.

The coming week will be crucial for Bitcoin.

End of august is near and therefore the mtgox bitcoin payout. No one knows all those creditors sold their BTC or not. But in this whole setting, additional selling pressure (even a little) could impact the negative sentiment in general.

So be careful and trade safely.
BTC UPDATE:- BTC is still hovering near the lower trendline of the ascending parallel channel and currently trying to break down. If BTC breaks below this channel and $20.8k support level then it will be bad in the short term.
BTC must need to hold this support and bounce from here for continue the uptrend.

If breaks below $20.8k then next support levels are at $20k and $19.2k

We will keep updating you. Stay tuned and pin our channel at the top.
ETH UPDATE:- After rejecting from the $2k resistance ETH take a support around at $1500 level. ETH is forming a symmetrical triangle like pattern in 4hr time frame. ETH needs to break and close above the $1650-$1700 zone for further bullish movement. If any candle close below $1500 level then it will be bad for ETH and Alts as well.

Let's see bulls able to break the $1700 zone or not. Stay tuned and pin our channel at the top for more updates.
BTC UPDATE:- BTC is holding the $20.8k support very well and slowly going in upward direction from there. Right now it is facing a little bit resistance at $21.8k level. Once it breaks above this level then our next resistance is at $22.5k and if BTC also breaks above $22.5k level then we might see a rally up to $25k again.

As long as BTC holds the $20.8k support we can expect a rally to the upside.

Stay tuned and pin our channel at the top for more updates.
BTC UPDATE:- BTC is continuously going down as we told you in our previous updates. BTC isn't able to hold its $20.8k support and continuously dropping from there.
The next important support for BTC is at around the $19k level. BTC must hold and bounce from the $19k level else be ready for more pain.

Tomorrow Mt.Gox users receive their 140k BTC so we might see more panic selling in the market. It's better to stay aside for a while until things don't look bullish again.

We will keep you updated just stay tuned and pin our channel at the top.
BTC UPDATE:- BTC is holding the $19.5k level very well so far. As we told you in our previous update that $19k is a very strong support zone for BTC. As of now it is trading around $20.4k level. In the LTF BTC needs to break and close above $20.8k level for further bullish movement.
Tomorrow we have monthly closing and historically September is the bearish month for BTC. Let's see what happens this time.

We will keep updating you. Stay tuned and pin our channel at the top.
BTC 4HR UPDATE:- BTC is forming a falling wedge like structure in 4hr time frame which is generally a bullish pattern. Currently, it is rejecting from the upper trendline of the wedge. If BTC breaks out from this falling wedge then our next target is $21.5k and $22.8k levels.

Support:- $19.5k/$19k
Resistance:- $20.6k/$21.5k/$22.8k

As of now wait for a clear break out is much better before taking any longs. We will keep updating you.

Stay tuned and pin our channel at the top.
CoinGuru®
BTC 4HR UPDATE:- BTC is forming a falling wedge like structure in 4hr time frame which is generally a bullish pattern. Currently, it is rejecting from the upper trendline of the wedge. If BTC breaks out from this falling wedge then our next target is $21.5k…
BTC UPDATE (Continue):- BTC is stuck at the same range. From the last few days it is moving in the same range of $19.5k-$20.5k level.
According to the chart, it is forming a falling wedge pattern and previously it gives a fake out and again dumped below $20k level.

In this kind of choppy market, we have to be very patient and wait for the right time is much better.

Enjoy your weekend with your loved ones. We will keep updating you.

Stay tuned and pin our channel at the top.
BTC UPDATE: BTC is not looking good in the weekly timeframe. If at all this pattern turns out to be true then be prepared for a dump. So far we have the $19000 support level holding the price but if it fails to hold then BTC may drop close to $11800.

Either way, you will be in profit if you don't get rekt in this critical market situation cause If BTC drops close to $11800, it will be a good buying opportunity.
BTC UPDATE:- BTC is trading below $20k level and holding the $19.5k support in daily time frame. As long as BTC holds this $19.5k support, we can expect some bounce in the market. If it breaks below $19.5k then our next and very important support is at $18.5k level.

Expecting some greenery in market at weekend. Let's see how this goes.

We will keep you updating and will try to provide some scalping setups for quick in and out. Stay tuned and pin our channel at the top.
BTC UPDATE:- BTC looks fine here. Holding the green zone ($19.5k level) by daily close very well so far and as long as it holds above this support, we can expect some good bounce. As of now, nearby resistances are at $20k and $20.5k level. Once BTC breaks above $20.5k level, our next target is $21.5k
Break below $19.5k will take us to $18.5k level.

Let's see how market reacts on weekend. We will keep updating you. Stay tuned and pin our channel at the top.
JAMSY/USDT TRADE SETUP:- JASMY is breaking out from the falling wedge in 1hr time frame. Expecting a good pump soon.

Target1:- $0.0885
Target2:- $0.0918
Target3:- $0.0946
Target4:- $0.0984

SL;- $0.082

Lev:- 5x-10x

Buy some here and add more in the dip.
BTC UPDATE:- BTC is doing good so far. Gave a daily close above $20k level which is a good sign. Now, next resistances for BTC are $20.6k and $21.5k
Supports:- $19.5k/$18.5k

Enjoy your weekend with your family and friends and if anything unusual happens in the market we will update you. All you need to do is pin our channel at the top.
BTC UPDATE:- BTC is dropping badly after the weekly close. Currently, it is trading below $19k level. As you can see in the chart, the green zone is a most crucial support for BTC now. It's a do or die situation for bulls. Any daily close below the $18.5k support will be very bad and we might see a drop up to $15k-$16k level. But as of now somehow BTC holds this support.

On Wednesday, FOMC meeting will be held and that meeting will make a huge impact on the market. Let's see what the result came. All we need to be prepared for any kind of situation.

We will keep updating you. Stay tuned and stay strong in this bear market.
ETH/USDT UPDATE:- ETH is forming a head and shoulder pattern in the daily time and break below the neckline of this head and shoulder pattern and made a low of $1280. Currently, looks like it is going for a retest of this neckline. After this retest of neckline, we might see a drop again up to $1250 level.
$1250 is a major support level. If bulls not able to held this support then our next important support is at $1000

For invalidating this head and shoulder pattern ETH must close above $1450 level.

Let's see how price will react in the next few days. We will keep updating you. Stay tuned and pin our channel at the top.
BTC UPDATE:- Nothing changes for BTC here. Still hovering near the support level and holding it pretty well so far. BTC needs to break and close above $20k level soon for a bullish momentum in the market. Any close below $18k level will be very bad for the market and will take us to the new low.

Let's see how price will react on this weekend. We will keep updating you.

Stay tuned and pin our channel at the top.
BTC UPDATE:- BTC made a high of $20.4k yesterday and rejected badly from there. Now, the price is back again the same support zone. BTC must hold this support. If it goes below this support zone ($18k-$18.5k) then things become more ugly and we might see some more dump in the market.

As long as BTC holds this support zone, we have a chance to go up. Let's see how this goes.

Stay tuned and pin our channel at the top.
BTC QUICK UPDATE:- BTC is moving in sideways. Currently, it is trading inside a symmetrical triangle in 4hr time frame and right now hovering below the strong resistance of $19.6k
BTC needs to break and close above this resistance level and also the triangle with good volume for a further upside movement. If it not break above the resistance then we might see the price again near the support level of $18.6k level.

Wait for a clear break of the resistance before taking any leverage position. Till then stay safe.

Stay tuned and pin our channel at the top.
BTC DAILY UPDATE:- Nothing much changes in the price of BTC. Still hovering around the support of $18k-$19k level. As long as BTC holds this support we can expect a good bounce in the market. If BTC gives a daily close below $18k level then there is chances that we might see a new low.

As of now, not much volume in the market. BTC needs to close and hold above $20k level for some bullish momentum in the market.

Let's see how this goes. We will keep updating you. Stay tuned and pin our channel at the top.