Crypto Signals

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2021-08-05 17:16:35 Polkadot (DOT) Surges Ahead, Retest the $20 Resistance

Polkadot (DOT) Long-Term Analysis: Bearish

Polkadot’s (DOT) price has broken above the moving averages as price reached the bullish trend zone. In the first uptrend, the altcoin reached the $20 high but was resisted. The crypto retraced to $16.84 low and resumed a fresh uptrend. The coin is rising to retest and break the recent high. Meanwhile, on August 1 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that DOT price will rise but reverse at level 1.272 Fibonacci extension or level $22.82. From the price action, Polkadot is rising to break the resistance at $20. A break above the $20 resistance will catapult the crypto to rally above $22.

Polkadot (DOT) Indicator Analysis
Polkadot is at level 68 of the Relative Strength Index period 14. It indicates that the…


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2021-08-05 14:31:55 Bitcoin ETF: French-based Asset Management Company Launches ETF

According to a recent report by the Financial Times, a French asset management firm (Melanion Capital) is set to launch an EU-regulated Bitcoin ETF. Dubbed the Melanion ETF, this Bitcoin (BTC) derivative would become one of the first of its kind in the European market.

The proposed ETF will track about 30 stocks in the cryptocurrency mining and blockchain industry and, according to Melanion, correlated with the BTC price by 90%.

The launch of this product indicates the progressive and adoptive outlook on cryptocurrency by financial regulators and institutional investors in the region.

According to Winston Penhall, a funds lawyer at Keystone Law in London, the new BTC ETF will operate under UCITS (Undertakings for…


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2021-08-05 12:31:11 Capital.com DeFi Signal Band Protocol (BANDUSD) Trade Signal (SWING) Instrument: BAND/USD Order: Sell Stop Entry Price: $6.155 Stop: $6.629 Target: $5.206 Recommended Risk: 1% RRR: 1:2 NB: This signal will become invalid if not triggered… Open / Comment

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2021-08-05 09:50:25 Manually stop out of the ADAUSD long now with +830 pips ! Open / Comment

2021-08-05 02:31:20 Capital.com DeFi Signal

Band Protocol (BANDUSD) Trade Signal (SWING)

Instrument: BAND/USD
Order: Sell Stop
Entry Price: $6.155
Stop: $6.629
Target: $5.206
Recommended Risk: 1%
RRR: 1:2

NB: This signal will become invalid if not triggered within 10 hours.

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2021-08-05 02:23:46 https://cryptosignals.org/crypto/band-protocol-bandusd-fails-to-break-7-000-despite-decent-run/ Open / Comment

2021-08-05 01:01:22 Bitcoin (BTC/USD) Market Reverses Valuation at $40,000
August 4, 2021

Bitcoin Price Prediction – August 4

There has been a financial record that the BTC/USD market reverses valuation after fluctuations around the level of $40,000. The crypto’s price now trades around $38,183 at a negative percentage rate of about 1.35.

BTC/USD Market

Key Levels:

Resistance levels: $40,000, $42,500, $45,000

Support levels: $35,000, $32,500, $30,000

The BTC/USD daily chart shows that the crypto market reverses valuation around the main level at $40,000. The market reversion against the line happened during the August 2 rd trading session, while it was apparent that the force to the upside couldn’t hold more. In the meantime, the bullish channel trend lines drawn across the SMAs in anticipation that the…


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