Since "Crypto Trades" Team take part in Binance Futures Tournament, many ask me about charts for trading. What can I say... When I look at these big cap alts charts against USDT, I see nothing special in any of them. There is only one coin worth trading - Bitcoin. All the others are simply copying its moves. Just take a look at them and you will see what I mean. All the same. All pulling back to nearest strong support (marked green). If drop below, will fall another 8-10% lower.

Today is Friday, so low liquidity weekend is coming. Pretty dangerous time for trading. At this stage we may expect alts to drop down to green support zone and bounce back to breakdown level - this bounce should give 5-8% profit (take less to stay safe) Most probably this move will take all the weekend. What comes next - pump or dump, we will see Sunday late evening or Monday.

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🏆 Binance Futures Tournament 🏆

Since we may still expect BTC to test ~7300 resistance, other alts should be able to do another 4-8% against USDT as well (from current prices). Look for red zones to close long

April 10th forecast results with 10x leverage:
ETH ✅ max profit 73%
BCH ✅ max profit 62%
XRP ❎ didn't drop to buy zone
EOS ✅ max profit 69%
LTC ✅ max profit 58%
TRX ❎ didn't drop to buy zone
ETC ✅ max profit 64%

April 10th signal: we may expect alts to drop down to green support zone and bounce back to breakdown level - this bounce should give 5-8% profit.

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🏆 Binance Futures Tournament 🏆

Forecast success - third success in a row since April 10th 👌 Added profit calculation tool from green long zone to current maximum. To be fair, not counting wicks below green zone 👍 otherwise profit would be higher.

Results for last signal with 10x leverage:
ETH ✅ max profit 163%
BCH ✅ max profit 115%
XRP ✅ max profit 145%
EOS ✅ max profit 165%
LTC ✅ max profit 120%
TRX ✅ max profit 114%
ETC ✅ max profit 110%

April 14th: Since we may still expect BTC to test ~7300 resistance, other alts should be able to do another 4-8% against USDT. Look for red zones to close long

April 10th: we may expect alts to drop down to green support zone and bounce back to breakdown level - this bounce should give 5-8% profit.

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🏆 Binance Futures Tournament 🏆

Answering to question about Binance Tournament signals.

Previous signal was to buy green zone and sell in red zone marked at charts (buy support and sell resistance). All trading pairs bounced from green zones and right now most of them testing red resistance or pulling back after that test.

Although alts and BTC look like reversing from bearish scenario, safe trade would be going long from the same green zone or nearest to it solid support line. As an option, these are long zones for Futures pairs (remember we use DCA strategy, so increase position size exponentially as price moves lower):

ETH: 161.5 / 158.5 / 154
BCH: 226 / 222 / 218
XRP: 0.186 / 0.184 / 0.182
EOS: 2.57 / 2.52 / 2.48
LTC: 41.5 / 40.8 / 40.2
TRX: 0.0126 / 0.0125 / 0.0123
ETC: 5.24 / 5.16 / 5.09

P.S. Adding 1H charts for short term "road map".

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🏆 Binance Futures Tournament 🏆

Green zone drawn on April 10th when tournament began. Red zones on April 14th, after the bounce happened, to indicate targets. By that moment all given alts reached one or both red zones and pulling back together with BTC.

I'm sorry I wasn't updating these charts daily, but honestly, there is no point in it, while we have daily BTC review. They all just follow the king. And each pair gave approximately 15% profit during that period.

We may expect them to bounce for another 2-4% (half of latest dump length), but now risky... market is preparing for dump. Short from nearest strong resistance zones.

April 14th signal: alts should be able to do another 4-8% against USDT as well (from current prices). Look for red zones to close long.

April 10th signal: we may expect alts to drop down to green support zone and bounce back to breakdown level - this bounce should give 5-8% profit.

@CryptoTrades #Binance #Tournament
#ETC #BCH #XRP #EOS #LTC #TRX

ETC chart for future trade set ups. Against BTC it looks like slowly reversing with bottom around 7400. Retracement finished and it started moving sideway. Targets 8080 - 8550.

Against USDT its on an edge of breakout with targets at 7.35 - 7.75 - 8.14

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Both USDT and BTC targets for Ethereum Classic hit ✅

Buy back ETC at 7700 - 7900 (vs btc) and 6.7 - 6.44 (vs USDT).

Yesterday post:
For BTC - Targets 8080 - 8550
Against USDT its on an edge of breakout with targets at 7.35 - 7.75 - 8.14

@CryptoTrades #ETC #USDT

Interesting, some coins haven't dumped much or at all

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