BitCounselor


Channel's geo and language: not specified, English


BitCounselor is about cryptocurrency, the blockchain and provides forecasts on different coins.
Public statistics: Bit.ly/BitCounselor
For all questions please contact: @BitCounselorSupport

Related channels

Channel's geo and language
not specified, English
Statistics
Posts filter


​​Cryptocurrency Substratum (SUB).

SUB/BTC pair, 6h chart, Binance exchange.
SUB has broke through the support line, but it shows good trading volume and we are expecting testing of a resistance line.

Buy: 1900 - 2200 sat. (40%) and 2200 - 2600 sat. (60%).
Targets: 2750, 2860, 3000, 3300-3800 sat.
Stop loss: 1800 sat.

Term of this trade is 20-25 days.


Bitcoin Seeks Bargain Buyers As Price Retreats Back Toward $8K.

View:
• BTC is feeling the pull of gravity, courtesy of overbought conditions and a bearish RSI divergence on the hourly chart.

• Bargain hunters could hit the markets with fresh bids around $8,023 (50-hour MA). A violation there would allow a retreat to the strong support zone of $7,530 – $7,830.

• Should a strong dip demand emerges around the above discussed key levels, then BTC could cross the all-important 200-day MA hurdle of $8,633 in a convincing manner.

• The short-term outlook remains bullish as long as the 5-day and 10-day MAs are rising.
_______
Omkar Godbole, Coindesk.


​​Cryptocurrency SiaCoin (SC).

SC/BTC pair, 1d chart, Binance/Bittrex exchanges.
Looks like SC is going down after the accumulation phase, so we are waiting for the price increase in near future. Buying at the current levels and below.

Buy: 0 - 140 sat.
Targets: 155, 164, 176, 190, 210 sat.
No stop loss.

Term of this trade is 15-20 days.


Bitcoin Price Hits Two-Month High.

View:
• A spike in the BTC dominance rate validates the short-term bullish outlook.

• A convincing break above the 100-day MA of $7,610 would only bolster the already bullish technical setup and could yield a test of 200-day MA of $8,720.

• A break below $7,190 (broadening wedge floor) would invalidate the bullish view.
_______
Omkar Godbole, Coindesk.


​​Cryptocurrency District0x (DNT).

DNT/BTC pair, 1d chart, Binance exchange.
DNT could possibly bounce off it's support level and we have got downward trend line on the chart. Buying at the current levels and below.

Buy: 240 - 500 sat. (30%) and 500 - 580 sat. (70%).
Targets: 610, 635, 660, 700 sat.
Stop loss: 200 sat.

Term of this trade is 20-25 days.


Bitcoin Price Risks Pullback Before Testing $8K Again.

View:
• BTC price is seen rallying to $8,000 in the short-run, albeit after a healthy pullback to $7,000.

• The technical correction will likely help BTC chart a more sustainable rally to $8,000.

• Only a daily close (as per UTC) below $6,839 (inverse head-and-shoulders neckline) would abort the bullish view.

• A close below $6,080 (July 12 low) would shift risk in favor of a drop to $5,755 (June 24 low).
_______
Omkar Godbole, Coindesk.


​​Cryptocurrency Zilliqa (ZIL).

ZIL/BTC pair, 1d chart, Binance exchange.
ZIL has several support levels and a resistance line. The breakdown through the line should gains price to 1350 sat. level.

Buy: 980 - 1150 sat. (100%).
Targets: 1200, 1280, 1350, 1400 sat.
Stop loss: 900 sat.

Term of this trade is ~ 20 days.


​​Cryptocurrency Moeda Loyalty Points (MDA).

MDA/BTC pair, 6h chart, Binance exchange.
The coin has formed solid support level. Buying at the currents levels and below.

Buy: 7500 - 8000 sat.
Targets: 8100, 8165, 8280, 8490 sat.
Stop sell: 7300 sat.

Term of this trade is ~ 15 days.


Bitcoin Struggles for Gains as Volume Hits 36-Week Low.

View:
• Low trading volumes are complicating bitcoin price recovery.

• A close (as per UTC) above the 20-day MA of $6,400 would allow a rally to $6,838 (inverse head-and-shoulders neckline + upper Bollinger Band).

• On the downside, a break below $6,000 (February low) would shift risk in favor of a drop to $5,755 (June 24 low).
_______
Omkar Godbole, Coindesk.


​​Cryptocurrency Power Ledger(POWR).

POWR/BTC pair, 1d chart, Binance exchange. The coin is drawing a bullish flag pattern and there are good support levels on the chart.

Buy: 3500 - 4400 sat.
Targets: 4500, 4600, 4700, 4800 sat.
Stop loss: 3300 sat.

Term of this trade is 15-20 days.


Bitcoin Again Shows Green Shoots After $6K Defense.

View:
• BTC could attack the $6,400 mark, but further gains are ruled out for now as the descending (bearish) 5-day MA and 10-day MA are located at $6,366 and $6,500, respectively.

• If BTC manages to close (as per UTC) today above 10-day MA, then the doors would open for a re-test of the Monday's high of $6,820.

• A failure to produce a significant move higher despite the bullish price RSI divergence and the falling wedge breakout would shift risk in favor of a drop to a recent low of $5,755.

• The downside move will likely gather pace if BTC fails to hold above $6,080 (previous day's high) over the weekend.
_______
Omkar Godbole, Coindesk.


​​Cryptocurrency EOS.
(Already brought us some profit in June)

EOS/BTC pair, 1d chart. Binance/Bitfinex/Bittrex exchanges.
Here we have a downward trend line - orange color. So looks like EOS is moving to some of the support levels. Buying on the decrease.

Buy: 0,00055 - 0,00085 BTC (60%) and 0,00085 - 0,0011 BTC (40%).
Targets: 0,0012, 0,00125 0,0013, 0,0014 BTC.
Stop loss: 0,00045 BTC.

Term of this trade is 20-25 days.


Bitcoin Bull Move on Hold as Downside Risks Grow.

View:
• Bitcoin risks falling below $6,000 in the next 24 hours and could extend the decline towards the recent low of $5,755, the hourly chart indicates.

• Acceptance below $6,000 would kill the odds of BTC price charting an inverse head-and-shoulders bullish reversal pattern.

• On the higher side, only a convincing move above $6,408 (high of the bear flag) would abort the bearish view put forward by the bear flag breakdown.
_______
Omkar Godbole, Coindesk.


🔮 Julian Hosp, co-founder and president of crypto startup TenX, says he’s still “quite confident” that Bitcoin can hit $60,000 in 2018.

📝Litecoin Foundation, has acquired a 9.9% stake in German WEG Bank as part of a strategic partnership with Swiss blockchain development company TokenPay.

🌐 Opera Software announced today the addition of a cryptocurrency wallet for Android browser, becoming the first company to provide a cryptocurrency wallet that's built into its browser offering.

🇰🇷 South Korea’s Lotte Global Logistics, a major Seoul-headquartered logistics and shipping firm, has joined the Blockchain in Transport Alliance (BiTA).


​​Cryptocurrency Neblio (NEBL).

NEBL/BTC pair, 1d chart, Binance exchange. The price has fallen heavily since may. Trying to buy on the bottoms.

Buy: 0,00035 - 0,00048 BTC (60%) and 0,00048 - 0,00058 BTC (40%).
Targets: 0,0006, 0,00063, 0,00066, 0,0007 BTC.
Stop loss: 0,0003 BTC.

Term of this trade is 20-25 days.


Bitcoin May Be Building for a Major Bull Reversal.

View:
• BTC's close below 10-day MA yesterday has neutralized the immediate bullish outlook.

• The immediate support at $6,000 could be put to test in the next day or two, but the probability of a break below that level is quite low.

• A high volume rebound from $6,000 would help BTC chart an inverse head-and-shoulders bullish reversal pattern.

• A daily close (as per UTC) below $6,000 would boost the odds of a drop below $5,755 (June 24 low).
_______
Omkar Godbole, Coindesk.


🇮🇱 Bancor, an Israeli startup and decentralized cryptocurrency trading platform, lost approximately $13.5 million in virtual currency after the hackers attack.

⛏ Online physical commodities exchange Open Mineral is planning to build a consortium of mining companies and financial organizations to develop a blockchain-based mineral trading system.

🤔 According to a survey conducted by U.S. law firm Foley & Lardner LLP, investors and executives prefer Ethereum over Bitcoin and other leading coins like Monero, Dash, and Zcash.

🇬🇧 The London School of Economics, a leading British research university started offering an online course on digital currencies running under the name “Cryptocurrency Investment and Disruption.”


​​Cryptocurrency Selfkey (KEY).

KEY/BTC pair, 6h chart, Binance exchange.
The KEY was recently added to exchange and traded fairly well now. We can already notice the forming of the downward trend line. Buying at the current levels and below.

Buy: 120 - 190 sat. (60%) and 190 - 240 sat. (40%).
Targets: 260, 290, 330, 370 sat.
No stop loss.

Term of this trade is 20-25 days.


​​Cryptocurrency Tierion (TNT).

TNT/BTC pair, 1d chart, Binance exchange.
Here we have good support levels and downward trend line.

Buy: 370 - 570 sat. (60%) and 570 - 670 sat. (40%).
Targets: 690, 730, 780, 850 sat.
Stop loss: 300 sat.

Term of this trade is 15-20 days.


Bitcoin Bull Bias Fades as Price Drops Below $6.5K.

View:
• The bearish breakdown on the 4-hour chart indicates BTC could test the 50-candle MA, currently located at $6,381, and could close below the 10-day MA today, confirming a short-term bullish invalidation.

• Acceptance below $6,381 (50-candle MA) would expose 6,000 (February low and major psychological support).

• The bulls may build steam for a fresh move higher towards $7,000 if BTC closes above 10-day MA today.
_______
Omkar Godbole, Coindesk.

20 last posts shown.

830

subscribers
Channel statistics