Posts from Strategists

🚀 Daily Crypto Signals 🚀

Here are SYGNAL's latest, short-term trend-following signals for the top 5 cryptos:

📅 Date: 2024-10-22

📈 $BTC : Max Bullish (1)  

📈 $ETH : Bullish (0.38)  

📈 $LTC : Max Bullish (1)  

📈 $BNB : Max Bullish (1)  

📈 $SOL : Max Bullish (1)

Our signals are generated daily to help you make informed trading decisions.

This material by SYGNAL is for informational purposes only and does not constitute an offer to buy cryptocurrencies; past performance does not guarantee future results.

SYGNAL's Current Positions

October 22, 2024

🌊 AltcoinWave AI:

• Long: $BTC 30.00%, $DOGE 10.00%, $ETH 10.00%

Empower your trading with SYGNAL's insights.

To keep up with the latest crypto industry news, read the October 18th edition of the 2100NEWS WEEKLY CRYPTO REPORT.

https://www.2100news.com/2024/10/22/2100news-weekly-crypto-report-288/

Crypto Market Pulse👀

• Positive Coinbase Premium✅
• Open interest nicely dropped✅
• Overleberaged longs got taken out✅
• ETFs bought $294,3 million worth of $BTC 🤔
• The odds of Trump winning surged to 65,9% 👀

Overall, we expect a fast recovery followed by a continuation over the coming days!

$BTC

What happened on Monday?

A negative bar with a positive delta with higher volume at a previous resistance level = breakout traders were successfully caught.

We are looking to buy with the whales who have killed breakout traders. We must kill everyone before we move the market.

Whales will start to rally again, everyone who reads liquidity tools knows this and is looking for an entry with any test of demand to participate with the whales in the next expected seasonal uptrend.

It was all mentioned in the previous posts.

When a new bar closes above the bar marked on the chart, it is expected that there will be a rapid rise, it is a hunting bar for traders and is considered a very important bar, but if you are a professional trader, look for a test of the order with us with a stop loss at the maximum of 100 ticks to increase the reward to risk ratio to the maximum, we are optimistic about the first week of November and we are preparing for it from now :)

The previous hunting operation for breakout traders was on October 7 (Close to the price of 64k), when the liquidity was tested and the market took off again, this date is important, I usually do not share my speculations because the platform is not intended for trading in futures or CFDs and sharing speculations here is considered stupid, but it can give you a short-term view, our bias is to look for buying, if you are planning to pump more money into the market at a suitable time and you have not finished your accumulation operations that I mentioned until October or the beginning of the new year, you can do every time traders are hunted, buy every new low price at the average cost in dollars, it is simple and suitable for spot traders and you can start from now because breakout traders were hunted yesterday :)

For me I have finished my dollar cost averaging for all my decentralized wallets and am currently speculating on bitcoin, I don't really know how centralized crypto exchanges work with futures trading it's different than what we do, but I am looking for entries with a stop loss of less than 1%, I don't know how much leverage you will have I think X100-130.

Good luck 🍀

Stellar's Big Breakout Potential: Is XLM Ready to Rally?

Stellar $XLM is on the verge of a massive breakout from its long-standing descending channel, which has kept the price under pressure for months. Crypto analyst Universe of Crypto suggests that a breakout could trigger a bullish rally, finally ending the downward trend. The key to watch is whether XLM can break above the upper trendline in October. If it does, this could signal a 50% price surge, with targets near $0.150. Traders should keep an eye on this crucial resistance level, as the breakout could attract strong buying momentum. XLM might be set for its biggest move in months! Breaking this level would likely invite institutional investors who have been watching for signs of a reversal.

Mastercard and Stellar: A Game-Changing Partnership

Stellar’s partnership with Mastercard is more than just another collaboration—it's a major leap for the adoption of blockchain technology. By integrating Mastercard’s Crypto Credential solution, Stellar is enhancing transaction security and authenticity on its network. This move ensures that users can conduct verified and authenticated transactions, addressing one of the biggest challenges in the crypto space: trust. Expect this partnership to boost Stellar’s credibility and bring more institutions into its ecosystem. The focus on secure, verified transactions could make Stellar the go-to platform for cross-border payments. This collaboration highlights the growing acceptance of blockchain by traditional financial institutions, which could propel Stellar into the mainstream. The security features provided by Mastercard will strengthen Stellar’s reputation, attracting new users and use cases. 

XLM’s Long-Awaited Comeback Could Be Here!

XLM is showing signs of resurgence, finally breaking out of its slump. Recent partnerships with big names like Mastercard and Franklin Templeton are restoring confidence in XLM’s long-term growth potential. While XLM has faced stiff competition from XRP, this comeback could help Stellar carve out its own space in the market. 

The potential for XLM to regain previous price levels is real, and investors are taking notice. With a current price of $0.0955, Stellar’s price is poised for upward movement as the market shows renewed interest. Is this the start of a bullish trend? The current momentum suggests that we could see a continued push higher, with the potential for XLM to re-enter the top 20 cryptos by market cap.

Stellar’s Security Upgrade: Protecting Users and Ecosystem

Stellar’s recent integration with Blockaid marks a significant upgrade in network security. Blockaid’s Onchain Detection and Response (ODR) technology will protect Stellar’s decentralised apps (dApps) from scams and hacks, providing real-time threat monitoring and rapid response. This partnership makes Stellar’s ecosystem safer and more reliable, further enhancing trust among users and developers.

Security is now a top priority, and Stellar is leading the way in protecting blockchain transactions. Expect increased user confidence and adoption as Stellar strengthens its security features. With additional security features coming to Stellar wallets, users can expect enhanced protection from fraudulent transactions. As the ecosystem grows, strong security will be a critical factor in attracting both retail and institutional users. 

XLM Price Prediction: Can Stellar Reach $0.150?

Stellar (XLM) is at a crucial point, with strong support around $0.090 and resistance near $0.100. If XLM can break through the upper trendline of its descending channel, we could see a rally that targets $0.150, a previous key level. 

However, the road ahead is tough, and the bulls will need strong momentum to push past resistance levels. Keep an eye on the $0.095-$0.100 region, as a successful breakout here could pave the way for additional gains. A 50% upside is possible if Stellar maintains this momentum. However, traders should be cautious of potential pullbacks if the price fails to clear this major resistance.

Paxos Joins Stellar: Expanding the Ecosystem

Big news from Stellar’s Meridian 2024 event! Paxos, a leader in tokenization, announced its integration with Stellar’s network, marking a significant expansion for both platforms. This partnership aims to drive institutional adoption of tokenized assets, offering safe and compliant stablecoins for global use. 

With Paxos bringing assets to Stellar by late 2024, the future looks bright for cross-border payments and financial inclusivity. Stellar is positioning itself as a leader in the tokenization space, attracting more institutions to its ecosystem. This partnership will enhance Stellar’s reputation as a key player in the digital asset space, especially in stablecoin adoption. It’s a pivotal step that could lead to even more collaborations with financial institutions. 

Crypto Snapshot: Latest News & Trends  

By SYGNAL

📈 Market News:

• Bitcoin is nearing its all-time high of $70,000, driven by solid endorsements and market momentum. (Forbes)
• Dogecoin surged by 25%, fueled by positive market sentiment and external commentary. (Forbes)

💸 Money Flow:

• Institutional inflows into Bitcoin ($BTC) continue to dominate the market, pushing it ahead of other cryptocurrencies. (CNBC)

🗣️ Market Sentiment and Trends:

• Bitcoin’s rising dominance is overshadowing essential trends such as stablecoins' growth and market leadership's centralisation. (Forbes)

🌐 Adoption and Usage:

• BlackRock’s spot bitcoin ETF has reached over $23 billion in assets since its January 2024 launch, signalling strong institutional adoption. (Forbes)

📜 Regulatory News:

• The U.S. SEC has approved options for spot Bitcoin ETFs on the NYSE, potentially attracting more institutional investors. (CNBC)
• Due to compliance concerns, the EU’s MiCA regulation could lead to the delisting of USDT Tether from Coinbase. (Forbes)

🔒 Security Incidents:

• A surge in crypto scams has led to billions in losses, especially affecting older individuals. (Fox News)

Our AI-driven Crypto Sentiment Tracker shows a Hopeful sentiment at 0.24, with a rising 7-day trend 📈. This positive outlook may signal increasing optimism in the market. 

Stay informed and track these insights to optimize your investments. 

$BTC $ETH

Massive $RUNE update:

"Today, THORChain begins its rollout as a swap provider on Ledger Live ⚡️

THORChain is the only decentralised provider bringing BTC, ETH, and stablecoin swaps directly to the most trusted hardware wallet in the space."

Thorchain is the king that it thinks it is, and it remains the biggest holding asset in our portfolio 🚀🚀