Some more whale shake
https://www.tradingview.com/x/9FLqxtlh
https://www.tradingview.com/x/9FLqxtlh
Break down
Moving Average
Okay, pretty simple in here, the 50MA and 200MA usually provide a good platform for a recovery so considering these, we can see that BTC needs to go lower to test them. It is interesting to realise that the previous Low also provide the same level as a support.
Fib Arc
Putting it into the basic knowledge we have gained, these are just the same Fib levels only in the form of arcs. We can see that they have often given us the ranges from where BTC might turn down. Pay close attention to the gray zone, multiple touches and finally breaking free.
As of now, this shows that we have some room for growth
Red and Green lines
Again, these are time cycles which are calculated on historic data. I personally love this indicator as the time factor is covered and we can see a possible movement in the next 48 hours. Just take a look at the accuracy this calculation have provided. Numerous times this has interpreted the right move.
The Yellow, Neon and Green boxes
Remember when I posted a similar chart last week giving in buyzones, this is similar to the index. We see that the yellow is a fair buy, neon is a tempt and green is a must buy zone.
The ellipse and blue chords
First the blue chords. These are similar to the support levels plotted, only for the elevation. Thes provide diagonal support to the candles, as we can see on two different ocassions, breaching these leads to blood shed.
That candle looks like an evening star doji. Check the image to learn more.
Moving Average
Okay, pretty simple in here, the 50MA and 200MA usually provide a good platform for a recovery so considering these, we can see that BTC needs to go lower to test them. It is interesting to realise that the previous Low also provide the same level as a support.
Fib Arc
Putting it into the basic knowledge we have gained, these are just the same Fib levels only in the form of arcs. We can see that they have often given us the ranges from where BTC might turn down. Pay close attention to the gray zone, multiple touches and finally breaking free.
As of now, this shows that we have some room for growth
Red and Green lines
Again, these are time cycles which are calculated on historic data. I personally love this indicator as the time factor is covered and we can see a possible movement in the next 48 hours. Just take a look at the accuracy this calculation have provided. Numerous times this has interpreted the right move.
The Yellow, Neon and Green boxes
Remember when I posted a similar chart last week giving in buyzones, this is similar to the index. We see that the yellow is a fair buy, neon is a tempt and green is a must buy zone.
The ellipse and blue chords
First the blue chords. These are similar to the support levels plotted, only for the elevation. Thes provide diagonal support to the candles, as we can see on two different ocassions, breaching these leads to blood shed.
That candle looks like an evening star doji. Check the image to learn more.
🎓#Derivatives 🎓
🎓 #TRX / BTC - View PDF
🔸Signal Info: TRX
Exchange: BitMex (Chart)
Direction: LONG
Leverage: x5,
Status: ☑️ Breakout Entries Triggered
🔸Current Price: 0.00000180
Entry: 0.00000180
Take Profit: 0.00000187, 0.00000200, 0.00000207
Stop Limit: 0.00000172
🎓 #TRX / BTC - View PDF
🔸Signal Info: TRX
Exchange: BitMex (Chart)
Direction: LONG
Leverage: x5,
Status: ☑️ Breakout Entries Triggered
🔸Current Price: 0.00000180
Entry: 0.00000180
Take Profit: 0.00000187, 0.00000200, 0.00000207
Stop Limit: 0.00000172
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
🎓Ethereum Update🎓 Above we have a look at the daily #ETH /USD pair. The massive ±35% drop in July done some damage to the asset. Today we present to you a useful combination of indicators that can be used for time and price predictions. Predictive in the…
You knew this was coming
https://www.tradingview.com/x/Y5ZjBkyT
https://www.tradingview.com/x/Y5ZjBkyT
🎓 Potato's HODLfolio 🎓 Q3 2019
🔗 View PDF
🔗 View PDF
🎓Trade Update🎓
🎓 #TRX / BTC (U19)
🔸Signal Info: Tron
Exchange: Bitmex
Direction: LONG x5
🔸Status:
📶Trade active
🔸Current Price: 179sats
Entry: 180sats
Take Profit: *187*, 200, 208sats
Stop Limit: 172sats (-20%)
Edit: Bitmex price missed target by 1 sat. No profit yet.
🎓 #TRX / BTC (U19)
🔸Signal Info: Tron
Exchange: Bitmex
Direction: LONG x5
🔸Status:
📶Trade active
🔸Current Price: 179sats
Entry: 180sats
Take Profit: *187*, 200, 208sats
Stop Limit: 172sats (-20%)
Edit: Bitmex price missed target by 1 sat. No profit yet.
And the jigsaw falls in place
https://www.tradingview.com/x/VFeAD6SJ
https://www.tradingview.com/x/VFeAD6SJ
This isn't rocket science
Holy moly, this was on point, right off the Moving average as expected. The charts don't lie, just threw in a couple of MA and the right support and resistance levels, You know the next move baby!
https://www.tradingview.com/x/eqeOeqvR
Holy moly, this was on point, right off the Moving average as expected. The charts don't lie, just threw in a couple of MA and the right support and resistance levels, You know the next move baby!
https://www.tradingview.com/x/eqeOeqvR
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
XRP doesn't look too great Not gonna lie but this is slowly becoming the next USDT. I see that we have approached a possible bottom considering the previous lows but the Fib circles tell us a different story, I would buy the next dip https://www.tradingv…
🎓#MashedMarketMap 🎓 Commentary
For today's commentary on our heat map, we start by looking at the latest dominance chart. BTC has indeed hit a dominance ceiling, and it looks as if the asset is being distributed across the market quickly and evenly. Take look at the heat map bottom right as the motivation for this statement. The top 5 Alts by volume are all producing oversold RSI readings. Take note of the substantial volume, coupled with modest gains (with the exception of $Matic) BTC distributions appears to be moving ahead steadily towards the long-awaited Alt season.
A look at our basic BTC daily line chart. The long-short ranges we have been discussing for the last week or two have been marked out in their colours respectively. BTC has tapped the green on our chart after six consecutive red 4h candles. This zone is sure to offer support and we could trade long with stronger bottoming structure, I'd like to see where we are in 8h time. ETH daily USD chart is also grinding its way through our green zone. The ETH BTC chart looks a little more interesting right now, notice the oddity with an ETH/BTC grinding support while the heatmap says the RSI is oversold on all but the 4h timeframe.
One last point to take note on for today's heatmap. Looking at the damage taken by Mexian traders, notice how every single liquidation we have in the Top 10 today are on sell positions. Are bears overly eager to jump the short?
Care to share your thoughts on today's heatmap? Talk to us on twitter
For today's commentary on our heat map, we start by looking at the latest dominance chart. BTC has indeed hit a dominance ceiling, and it looks as if the asset is being distributed across the market quickly and evenly. Take look at the heat map bottom right as the motivation for this statement. The top 5 Alts by volume are all producing oversold RSI readings. Take note of the substantial volume, coupled with modest gains (with the exception of $Matic) BTC distributions appears to be moving ahead steadily towards the long-awaited Alt season.
A look at our basic BTC daily line chart. The long-short ranges we have been discussing for the last week or two have been marked out in their colours respectively. BTC has tapped the green on our chart after six consecutive red 4h candles. This zone is sure to offer support and we could trade long with stronger bottoming structure, I'd like to see where we are in 8h time. ETH daily USD chart is also grinding its way through our green zone. The ETH BTC chart looks a little more interesting right now, notice the oddity with an ETH/BTC grinding support while the heatmap says the RSI is oversold on all but the 4h timeframe.
One last point to take note on for today's heatmap. Looking at the damage taken by Mexian traders, notice how every single liquidation we have in the Top 10 today are on sell positions. Are bears overly eager to jump the short?
Care to share your thoughts on today's heatmap? Talk to us on twitter
Twitter
Hashed Plutus
-Bitcoin DOMINANCE has been TOPPLED- -BTC distribution appears STEADY- https://t.co/KY5DeXrYBF
🎓Trade Update🎓
🎓 #TRX / BTC (U19)
🔸Signal Info: Tron
Exchange: Bitmex
Direction: LONG x5
🔸Status:
🎯First target hit +19%
😉Better late than never.
🔸Current Price: 184sats
Entry: 180sats
Take Profit: 187, 200, 208sats
Stop Limit: 172sats (-20%)
🎓 #TRX / BTC (U19)
🔸Signal Info: Tron
Exchange: Bitmex
Direction: LONG x5
🔸Status:
🎯First target hit +19%
😉Better late than never.
🔸Current Price: 184sats
Entry: 180sats
Take Profit: 187, 200, 208sats
Stop Limit: 172sats (-20%)