Crypto Signals

2021-06-26 12:19:43 ADA/USD Trade Signal (SWING)

Instrument: ADA/USD
Order: Sell (Instant Execution)
Entry price: $1.2141
Stop: $1.2671
Target: $1.2000
Recommended risk: 1%
RRR: 1:3 Open / Comment

2021-06-26 12:17:51 https://cryptosignals.org/ada/cardano-ada-faces-rejection-at-1-40-high-as-price-revisits-the-previous-low-at-1-01/ Open / Comment

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2021-06-25 16:35:01 Ethereum Testnet Begins Burning ETH Ahead of EIP-1559 Modification

The Ethereum (ETH) London hard fork got launched on the Ropsten testnet yesterday in anticipation of the mainnet rollout in July. This impending upgrade will implement the highly-anticipated EIP-1559 modification, which should adjust the Ethereum transaction fee calculation mechanism.

Meanwhile, the next phase of the London hard fork rollout is deployment on the Goerli testnet, scheduled to occur on June 30. After that, the hard fork will get launched on the Rinkeby testnet on July 7 and subsequently on the mainnet later in July.

Apart from adjusting the Ether transaction fee calculation mechanism, the EIP-1559 modification will burn the “base fee,” making the Ethereum economy more deflationary over time. Reports show that a website, known as Watch The Burn, got created to…


For the remainder of this analysis and the signal to place this trade, please join our VIP group here: https://cryptosignals.org/ Open / Comment

2021-06-25 13:16:22

Open / Comment

2021-06-25 08:58:09 Bancor (BNTUSD) Poses Bearish Rejection Candlestick Pattern on the Daily Chart

Bancor Market Analysis – BNT Conforms to Bearish Rejection Candlestick Pattern Formation

Bancor has posed a bearish rejection candlestick pattern on the daily chart to signal a change in market direction. BNT has been falling continuously since it plummeted on the 19th of May 2021. It presented a big bearish Haramis candlestick with a long lower wick. The price has been rejected at $6.800 to find support near $3.450.

The market tried to recover but was knocked back before it got to $5.500 resistance. Afterward, the market just slid down under bearish pressure along a descending trend line. Bancor, still under the sellers’ control, broke to the upside of the descending trend line on June 13, 2021. As it slid down, it posed with small candles, including the Doji and the…


For the remainder of this analysis and the signal to place this trade, please join our VIP group here: https://cryptosignals.org/ Open / Comment