Whale Watchers Weekly Trading Picks: Returns From 7/20-7/27Public altcoin picks on Twitter are suspended until volume returns to the marketWhale Watchers Group Members exclusive picks on 7/20 @ 8:12am PST:CryptoCircuits 45%, Crave 35%, Start 25%, Hyper 25%, Bytecent 25%, Arch 20%, Doge 15%, NXT 5%, Cannabis 0%
Weekly BTC, LTC, DRK USD trade recommendations for group members:BTC: Long@ $275 // Exit@ $295 (+2000 ticks) --- Short@ $294 // (Active trade) **Will note exit on next performance update
LTC: Long@ $3.75 // Exit@ $4.90 (+115 ticks) --- Short@ $5.01 // (Active trade) **Will note exit on next performance update
DASH: Long@ $3.55 //Exit@ $3.80 (+25 ticks) --- (Waiting to enter)
Weekly Commodities & Forex trades for group members:Crude Oil: Long@ $50.20 // Exit@ $51.30 (+110 ticks) --- Short@ $49.70 // (Active trade)
Gold: Long@ $1180 // @Exit $1102 (+2200 ticks) --- (Waiting to enter)
Silver: Long@ $14.45 // Exit@ $14.80 (+35 ticks) --- (Waiting to enter)
GBP/USD: Long@ $1.5540 // Exit@ $1.5660 (+120 pips) --- Long@ $1.5490 //Exit@ $1.5680 (+190 pips)
News:BTC/LTC/DASH(USD crosses):To recap and bring us to the present, BTC and LTC moved down to the Low pivot on 7/23 (7/22-7/26). They both hit the point weak and immediately began the move upward toward the high pivot which is due on 8/01-8/05. BTC bounced off of resistance at $299 and has since move down to support at $275. We still have time to make another move upward to $300+. Unless there is some heavy volume and good news, it is more likely to drop back after another failed attempt. Once we confirm the high, the markets will move down until 8/07-8/11. LTC is tracking BTC and should make similar moves until we get closer to halving. There is speculation that LTC will rocket north after halving takes place. You may want to sock away from before that happens.
Alts:Alts are had a couple of noteworthy rallies with iBits and Axiom. Both coins are dying in volume after the dump. Stick to the well known and trustworthy coins. They may not make huge moves every week, but they are consistent and can bring you a 15-30% return easily. Go where the money is. Play the winners.
Don't forget to follow me on twitter: knightlife999. I will continue posting pivot dates for BTC/LTC/DASH USD crosspairs on twitter and in this thread. When alts pick up again, public picks will resume.Annoucement:I've decided to open enrollment for the trading group. The group is doing very well, and members have expressed that they would like some extra people to trade with. In the past, I have limited the number to 30. That number has been very manageable and group members have stepped up to help newer members along the way. Group limit to has been increased to 50. Spots are filling fast!
Refer to page 1 for group details and information on how to join the crew.
https://bitcointalksearch.org/topic/m.8592180
Only 7 spots are available! Sign up while you can! Join us and take the guessing out of your trading decisions.