$XBTUSD Long x5-10
Entry - 8075-8095
TP1 - 8140-8150
TP2 - 8310-8320
TP3 - 8700-8720
*STOP - 7930-7920
*Jump your stop when targets are hit. Wait for price to clear the zone, and adjust your SL up to previous target.
🎓View Chart Here 🎓
Entry - 8075-8095
TP1 - 8140-8150
TP2 - 8310-8320
TP3 - 8700-8720
*STOP - 7930-7920
*Jump your stop when targets are hit. Wait for price to clear the zone, and adjust your SL up to previous target.
🎓View Chart Here 🎓
$XBT 🎯 Stopped out at T1. Unfortunately a little premature, but the market is wild at the moment, and it has been a good day. We book that 4-7%
Current State of the market by:
One of our Mashed Persons:
BTC dominance dropped below 60 percent meaning mini alt season, be wary and hold tight stop-loss as this could be one big trap where BTC could fall or rise rapidly. Greed is super high above the 76 mark (be wary) was at its peak a day or two ago and may be going the same way.
In terms of market overview personally seeing a correction pivotal point being around $7550 we could either confirm bull or bear swing on BTC personally I'm looking at a bull move that flies past the $8400 mark. $10k Is foreseeable with no significant resistance at these zones. The market has ignored all technical analysis and its pure FOMO and well primed for dumpage due to liquidity (retailers jumping in meaning granny knows what bitcoin is again)
That being said, I expect a significant correction in June albeit 50 to 60 percent before initiating the full bull market.
Don't be greedy, take profits and accrue as much BTC is possible. Remember sometimes just staying
One of our Mashed Persons:
BTC dominance dropped below 60 percent meaning mini alt season, be wary and hold tight stop-loss as this could be one big trap where BTC could fall or rise rapidly. Greed is super high above the 76 mark (be wary) was at its peak a day or two ago and may be going the same way.
In terms of market overview personally seeing a correction pivotal point being around $7550 we could either confirm bull or bear swing on BTC personally I'm looking at a bull move that flies past the $8400 mark. $10k Is foreseeable with no significant resistance at these zones. The market has ignored all technical analysis and its pure FOMO and well primed for dumpage due to liquidity (retailers jumping in meaning granny knows what bitcoin is again)
That being said, I expect a significant correction in June albeit 50 to 60 percent before initiating the full bull market.
Don't be greedy, take profits and accrue as much BTC is possible. Remember sometimes just staying
🎓Spot Trade🎓
$RCN BTC
EP - 411 (on breakout @ 410)
TP - 418, 454, 492
*SL - 390
*T1, move SL to entry. T2, move SL to T1
https://www.tradingview.com/x/O2SlBtHI/
$RCN BTC
EP - 411 (on breakout @ 410)
TP - 418, 454, 492
*SL - 390
*T1, move SL to entry. T2, move SL to T1
https://www.tradingview.com/x/O2SlBtHI/
The market got a little shaken this morning, while BTC tried to get a foothold to really initiate the ALT run. $RCN is very much still a go, but the position is closed for now
Thanks to the most recent innovation to our trading strategy ie. an early target to cover fees and hopping the stop up to entry zone, effectively reducing your risk to ZERO! This strategy, along with breakout entries has proven itself twice already.
Thanks to the most recent innovation to our trading strategy ie. an early target to cover fees and hopping the stop up to entry zone, effectively reducing your risk to ZERO! This strategy, along with breakout entries has proven itself twice already.
On to another smashing event that gripped today's market.
$XEM as the king of the hill.
As you all know we covered the violet bullish activity that has been seen from the New Economic Movement in the past, when it falls below the thousand sat range, exactly 10 days ago. This position was unfortunately stopped out on the way down. Sad story, it behaved exactly as expected after all. Topping out at +90% profit from our entries!
🎓Lessons learned:
▫️Broader ladder entries:
In critical zones, ladder orders shall consist of at least three rungs. (Only proposed two entries)
▫️Respect the lines:
Keep stops well clear of any existing trend lines. Adjusted falling trendline stop would have been effective here. (stop was set just inside the lower line of the falling wedge)
▫️Timing is everything:
In hindsight, there where signals that indicated that the bottom was getting close or had been found. Believe it or not, only ten days ago, we were in the thick of the Altcoin bear market. Keeping this call on hold on the #SmashingWatchlist would have scored us better entries and tighter stops.
Brilliant opportunities are hard to come by, and when one finds them. It's so easy to jump at them with full vigor, but as the saying goes, us traders must practice the art of bird watching in lion territory!
🎓View today's chart 🎓
🎓view PDF 🎓
$XEM as the king of the hill.
As you all know we covered the violet bullish activity that has been seen from the New Economic Movement in the past, when it falls below the thousand sat range, exactly 10 days ago. This position was unfortunately stopped out on the way down. Sad story, it behaved exactly as expected after all. Topping out at +90% profit from our entries!
🎓Lessons learned:
▫️Broader ladder entries:
In critical zones, ladder orders shall consist of at least three rungs. (Only proposed two entries)
▫️Respect the lines:
Keep stops well clear of any existing trend lines. Adjusted falling trendline stop would have been effective here. (stop was set just inside the lower line of the falling wedge)
▫️Timing is everything:
In hindsight, there where signals that indicated that the bottom was getting close or had been found. Believe it or not, only ten days ago, we were in the thick of the Altcoin bear market. Keeping this call on hold on the #SmashingWatchlist would have scored us better entries and tighter stops.
Brilliant opportunities are hard to come by, and when one finds them. It's so easy to jump at them with full vigor, but as the saying goes, us traders must practice the art of bird watching in lion territory!
🎓View today's chart 🎓
🎓view PDF 🎓
Coinigy.com
Bittrex XEM/BTC Chart - Published on Coinigy.com on May 16th, 2019 at 7:04 PM.
Bittrex XEM/BTC Chart - Indicators used: Volume (true, 20), RSI (20) - Interval: D. Published on Coinigy.com on May 16th, 2019 at 7:04 PM.
🎓Spot Trade🎓
$QKC BTC
Entry: 0.00000304 - 0.00000293 (40 / 60)
Target: 0.00000351 - 0.00000422 (16 & 43%)
*Stop: 0.00000286 (~3.5%)
Market Entry: ☑️
*Trendline stop. Adjust accordingly.
🎓View Chart 🎓
$QKC BTC
Entry: 0.00000304 - 0.00000293 (40 / 60)
Target: 0.00000351 - 0.00000422 (16 & 43%)
*Stop: 0.00000286 (~3.5%)
Market Entry: ☑️
*Trendline stop. Adjust accordingly.
🎓View Chart 🎓
🎓Spot Trade🎓
$STORJ / BTC
Entry: 0.00003486 - 0.00003410 (40 / 60)
Target: 0.00004302 - 0.00004533 - 0.00004914
(26 & 33 & 44%)
*Stop: 0.00003296 (~4%)
Market Entry: ☑️
*Trendline stop. Adjust accordingly.
🎓View Chart 🎓
$STORJ / BTC
Entry: 0.00003486 - 0.00003410 (40 / 60)
Target: 0.00004302 - 0.00004533 - 0.00004914
(26 & 33 & 44%)
*Stop: 0.00003296 (~4%)
Market Entry: ☑️
*Trendline stop. Adjust accordingly.
🎓View Chart 🎓
🎓Spot Trade🎓
$BRD / BTC
Bread steps forward from our #SmashingWatchlist! Its time to serve up some mashed potatoes on that Bread because this is just such easy money.
Plotted out on the daily (D) chart you will see my typical dashed lines marking out entries exists and targets. $BRD has been hammering targets all year long. x9 entries nailed +17-20% profit, and on x4 occasions hitting the ultimate +60% targets.
Show us a little love by at least viewing this chart on our Twitter.This is Absolutely Mashed!
Entry: 0.00006034 - 0.00005875 (40 / 60)
Target: 0.00006633 -0.00006886 - 0.00008299 (13, 17, 38%)
*Stop: 0.00005702(~3.5%)
Market Entry: 🚫
*Trendline stop. Adjust accordingly.
🎓View Chart on Twitter 😉
$BRD / BTC
Bread steps forward from our #SmashingWatchlist! Its time to serve up some mashed potatoes on that Bread because this is just such easy money.
Plotted out on the daily (D) chart you will see my typical dashed lines marking out entries exists and targets. $BRD has been hammering targets all year long. x9 entries nailed +17-20% profit, and on x4 occasions hitting the ultimate +60% targets.
Show us a little love by at least viewing this chart on our Twitter.This is Absolutely Mashed!
Entry: 0.00006034 - 0.00005875 (40 / 60)
Target: 0.00006633 -0.00006886 - 0.00008299 (13, 17, 38%)
*Stop: 0.00005702(~3.5%)
Market Entry: 🚫
*Trendline stop. Adjust accordingly.
🎓View Chart on Twitter 😉
Twitter
Hashed Plutus
🎓Spot Trade🎓 $BRD / BTC Bread steps forward from our #SmashingWatchlist! Its time to serve up some mashed potatoes on that Bread because this is just such easy money!
🎓Market Update🎓
Amazing, Bitcoin is again up at $8000! A lot of people have been talking about the gap being filled on the CME futures chart.
We might see something similar happen tomorrow because this market does not trade over weekends and the closing price on Friday was $7175. When Bitcoin makes massive moves over the weekend, traders are left with short positions that need to be closed.
Closing these gaps sets off a flurry of triggers, closing those orders at break even or at market, and sends the price right up again. This creates a pretty bullish sentiment, with the Kingpin traders not being comfortable with shorts in the $6000 range anymore!
Moral of the story is that the CME traders can't keep up with this beast. Could these gaps be a solid indicator for entries exits and massive gains in the future?
🎓View CME Gap🎓
Amazing, Bitcoin is again up at $8000! A lot of people have been talking about the gap being filled on the CME futures chart.
We might see something similar happen tomorrow because this market does not trade over weekends and the closing price on Friday was $7175. When Bitcoin makes massive moves over the weekend, traders are left with short positions that need to be closed.
Closing these gaps sets off a flurry of triggers, closing those orders at break even or at market, and sends the price right up again. This creates a pretty bullish sentiment, with the Kingpin traders not being comfortable with shorts in the $6000 range anymore!
Moral of the story is that the CME traders can't keep up with this beast. Could these gaps be a solid indicator for entries exits and massive gains in the future?
🎓View CME Gap🎓
🎓Trade Update🎓
We have been seeing some very pretty rising wedge formations across the board in the Altcoin market. We have attempted to enter two such formations on $STORJ & $QKC. $BTC has maintained its dominance, and it has smashed the majority of these wedges to the downside. The adjusted trendline stops we use on these formations are proving the be quite incredible, reducing risk in these positions to almost zero.
Tight stops on these positions handed you +8-10% over fiat as we climbed back on the Bitcoin bus!
$STORJ - Stopped 🚫 -0.5%
Sliding trendline stop reduced the risk on this signal to break even value - View Chart
$QKC - Stopped 🚫 -1%
Sliding trendline stop recuded the risk on this signal to about -1% - View Chart
We have been seeing some very pretty rising wedge formations across the board in the Altcoin market. We have attempted to enter two such formations on $STORJ & $QKC. $BTC has maintained its dominance, and it has smashed the majority of these wedges to the downside. The adjusted trendline stops we use on these formations are proving the be quite incredible, reducing risk in these positions to almost zero.
Tight stops on these positions handed you +8-10% over fiat as we climbed back on the Bitcoin bus!
$STORJ - Stopped 🚫 -0.5%
Sliding trendline stop reduced the risk on this signal to break even value - View Chart
$QKC - Stopped 🚫 -1%
Sliding trendline stop recuded the risk on this signal to about -1% - View Chart
🎓Trade Update🎓
$BRD/BTC ⬆️ All orders filled, position active.
Lets see if the 300 Days uptrend support line holds. SL at 5702sats
🎓 View Chart 🎓
$BRD/BTC ⬆️ All orders filled, position active.
Lets see if the 300 Days uptrend support line holds. SL at 5702sats
🎓 View Chart 🎓
Forwarded from RJ
BITCOIN ETF
This is the best (objective) situation sketch about the Bitcoin ETF I have been able to find. Recommended read. I believe it's valuable to know a thing or two about what's going on and what we can expect, as it will clearly have a large impact on the market.
It's written in Chinese so copy paste the url into Google Chrome and translate it into your preferred language.
https://mp.weixin.qq.com/s/T_bl0mX7bEXIjo5OFany6A
This is the best (objective) situation sketch about the Bitcoin ETF I have been able to find. Recommended read. I believe it's valuable to know a thing or two about what's going on and what we can expect, as it will clearly have a large impact on the market.
It's written in Chinese so copy paste the url into Google Chrome and translate it into your preferred language.
https://mp.weixin.qq.com/s/T_bl0mX7bEXIjo5OFany6A
🎓Spot Trade🎓
$ADA / BTC
Cardano is printing solid technicals at the moment. We are getting a number of confirmations to trade long here:
▫️Higher low confirmed with big volume
▫️Breakout wedge following daily downtrend breakout on Wave1
▫️Everything we want to see on MACD
We are looking to establish our profit channels on ADA for the next few months. perhaps keep some 20% of the position open at spot, because if this channel holds, we won't see $ADA so cheap anytime soon!
Entry: Market - 0.00001064 - 0.00001048 - (20 / 40 / 40)
Target: 0.00001177 - 0.00001251 - Open (30%, 30%, Open)
*Stop: 0.00001025(~3.0%)
Market Entry: ✅
Leverage: ✅✖️5️⃣
*Trendline stop. Adjust accordingly.
🎓View Chart 🎓
$ADA / BTC
Cardano is printing solid technicals at the moment. We are getting a number of confirmations to trade long here:
▫️Higher low confirmed with big volume
▫️Breakout wedge following daily downtrend breakout on Wave1
▫️Everything we want to see on MACD
We are looking to establish our profit channels on ADA for the next few months. perhaps keep some 20% of the position open at spot, because if this channel holds, we won't see $ADA so cheap anytime soon!
Entry: Market - 0.00001064 - 0.00001048 - (20 / 40 / 40)
Target: 0.00001177 - 0.00001251 - Open (30%, 30%, Open)
*Stop: 0.00001025(~3.0%)
Market Entry: ✅
Leverage: ✅✖️5️⃣
*Trendline stop. Adjust accordingly.
🎓View Chart 🎓
I guess you don't have to be a genius to see that this was coming, these poor CME traders are getting left in the dust every weekend. The signal here is clearly to set some buys down at $7175 for the day this gap gets filled. The gap could also be shorted but we are looking at the $8200-$8400 range for short entries that respect the trading range.
🎓#SmashingWatchlist🎓
$FSN has returned to the buy zone after hitting targets. Fill some orders here and trade the channel until the targets get hit again.
*Use the FSN $ tag for a recap on the entries & exits.
🎓View Chart 🎓
$FSN has returned to the buy zone after hitting targets. Fill some orders here and trade the channel until the targets get hit again.
*Use the FSN $ tag for a recap on the entries & exits.
🎓View Chart 🎓
🎓Trade Update🎓
$BRD/BTC 🎯 Targets 1&2 hit ~16% - View Chart.
$FSN/BTC ⬆️ All orders filled, position active.
$ADA/BTC⬆️ All orders filled, position active.
New buy orders on BRD set on green trendlines
$BRD/BTC 🎯 Targets 1&2 hit ~16% - View Chart.
$FSN/BTC ⬆️ All orders filled, position active.
$ADA/BTC⬆️ All orders filled, position active.
New buy orders on BRD set on green trendlines
Coinigy.com
Binance BRD/BTC Chart - Published on Coinigy.com on May 21st, 2019 at 6:14 AM.
Binance BRD/BTC Chart - Indicators used: Volume (true, 20), MACD (12, 26, close, 9) - Interval: D. Published on Coinigy.com on May 21st, 2019 at 6:14 AM.