XRP/USD looks bullish
Now the whole idea of using Fibs was to just hunt down all the possible resistance levels and it does fit in so damn well. The market as a whole is doing pretty okay and major coins like $ETH have started making the moves so I would be looking for a long on the 'Bankster Coin'. Haven't check the news lately but the charts seem to look impressive. EMA 99 seems to be adding in some resistance after the organic rise but I think we can break through this one if $BTC holds current levels.
Every True Strength index post on this channel has proved its worth and yet again, the kink is here and the money is knockin' all day!
https://www.tradingview.com/x/SiyR4k1T
Now the whole idea of using Fibs was to just hunt down all the possible resistance levels and it does fit in so damn well. The market as a whole is doing pretty okay and major coins like $ETH have started making the moves so I would be looking for a long on the 'Bankster Coin'. Haven't check the news lately but the charts seem to look impressive. EMA 99 seems to be adding in some resistance after the organic rise but I think we can break through this one if $BTC holds current levels.
Every True Strength index post on this channel has proved its worth and yet again, the kink is here and the money is knockin' all day!
https://www.tradingview.com/x/SiyR4k1T
$INSBTC
https://www.tradingview.com/x/l3K7byLV/
Nothing much to say, one of the very few coins with current positive outlook
Targets are marked in GREEN, stoploss at red horizontal line
Entry below 290 sats.
https://www.tradingview.com/x/l3K7byLV/
Nothing much to say, one of the very few coins with current positive outlook
Targets are marked in GREEN, stoploss at red horizontal line
Entry below 290 sats.
🎓Trade Update🎓
#PERL - Position closed at a loss at 735sats for -6%.
#BNB - Second buy order filled, but the coin is dumping heavily. Stop remains untiggered bellow. Well see if we can ride it out until then. The new Binance IEO has been announced and we are seeing a fresh wave of volume and volatility around the launch pad tokens and the BNB coin itself. Accumulation phase expect to come on soon.
#ETC - Position on Ethereum classic has held despite the colour in the market.
#PERL - Position closed at a loss at 735sats for -6%.
#BNB - Second buy order filled, but the coin is dumping heavily. Stop remains untiggered bellow. Well see if we can ride it out until then. The new Binance IEO has been announced and we are seeing a fresh wave of volume and volatility around the launch pad tokens and the BNB coin itself. Accumulation phase expect to come on soon.
#ETC - Position on Ethereum classic has held despite the colour in the market.
🎓Trade Update🎓
🎓 #BNB / BTC - View Chart
Traders were certainly eager to accumulate some BNB on sale, and our stop was positioned just right. Major early warning dump signal on the DMI that was not acted upon. That's what a bearish signal on this indicator looks like.
🎓 #BNB / BTC - View Chart
Traders were certainly eager to accumulate some BNB on sale, and our stop was positioned just right. Major early warning dump signal on the DMI that was not acted upon. That's what a bearish signal on this indicator looks like.
Our buddy Mr. X has some fascinating insights on the upcoming movements on the king.
BTCUSD 🔴
——————————
I will quickly analyze what needs to be done in order for price to ascend higher and how to form your trades around those levels.
#1 - 10300 Needs to Hold and push price to the Bearish Breaker at the first Fib Area (0.705)
Ideally breaker needs to not reject price and get broken to the upside.
#2 - Flip the breaker -Send it to equal highs - Send it to Algorithmic Level
- Flip the breaker. Price usually starts grinding bellow the breaker without rejecting.
- Equal highs is first target. Liquidity pool above so this is a crucial area that will be revesited if price starts grinds upwards.
- Algorithmic Level. $11.735 is an algorithmic level because of the high confluence from being a double Fib Level plus a Pivotal Level.
This is rejection level in my opinion and will be the highest point that $BTC will reach before 8xxx again.
https://www.tradingview.com/x/wyatNDNX/
BTCUSD 🔴
——————————
I will quickly analyze what needs to be done in order for price to ascend higher and how to form your trades around those levels.
#1 - 10300 Needs to Hold and push price to the Bearish Breaker at the first Fib Area (0.705)
Ideally breaker needs to not reject price and get broken to the upside.
#2 - Flip the breaker -Send it to equal highs - Send it to Algorithmic Level
- Flip the breaker. Price usually starts grinding bellow the breaker without rejecting.
- Equal highs is first target. Liquidity pool above so this is a crucial area that will be revesited if price starts grinds upwards.
- Algorithmic Level. $11.735 is an algorithmic level because of the high confluence from being a double Fib Level plus a Pivotal Level.
This is rejection level in my opinion and will be the highest point that $BTC will reach before 8xxx again.
https://www.tradingview.com/x/wyatNDNX/
🎓#SpotTrade 🎓
🎓 #IOTA / BTC - View Chart
🔸Signal Info: MIOTA
Rank: #19
Exchange: Binance (Trade)
Direction: LONG
Order Type: Limit Order
Term: Long (30-60 days)
🔸Analysis:
IOTA is coming in at rank 19 and it has been holding up really well, despite the heavy distribution that has taken place over the last 3 month. DMI gave a distinct signal at the start and end of this phase. The price followed up and spend 10 days above the 25MA. A major pulling force from the 100MA in blue above could tilt thing over to the accumulation cycle on IOTA.
🔸Current Price: 0.00002272
Entry: Bellow 0.00002250
Take Profit: 0.00003130, 0.00004275, 0.00005535
Stop Limit: 0.00002040 (-10%)
🎓 #IOTA / BTC - View Chart
🔸Signal Info: MIOTA
Rank: #19
Exchange: Binance (Trade)
Direction: LONG
Order Type: Limit Order
Term: Long (30-60 days)
🔸Analysis:
IOTA is coming in at rank 19 and it has been holding up really well, despite the heavy distribution that has taken place over the last 3 month. DMI gave a distinct signal at the start and end of this phase. The price followed up and spend 10 days above the 25MA. A major pulling force from the 100MA in blue above could tilt thing over to the accumulation cycle on IOTA.
🔸Current Price: 0.00002272
Entry: Bellow 0.00002250
Take Profit: 0.00003130, 0.00004275, 0.00005535
Stop Limit: 0.00002040 (-10%)
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Photo
BTC shoots 400$ since that call, and pushes INS to stoploss :<
🎓Trade Update🎓
🎓 #IOTA / BTC
🔸Signal Info: MIOTA
Rank: #19
Exchange: Binance (Trade)
Direction: LONG
Order Type: Limit Order
Term: Long (30-60 days)
🔸Status: ⬆️ Order filled shortly after posting last night. Big volume on the candle wick and the price has bounced since. It's a good entry, but we are in this for the long haul ⏳
🔸Current Price: 0.00002293
Entry: *0.00002250*
Take Profit: 0.00003130, 0.00004275, 0.00005535
Stop Limit: 0.00002040 (-10%)
🎓 #IOTA / BTC
🔸Signal Info: MIOTA
Rank: #19
Exchange: Binance (Trade)
Direction: LONG
Order Type: Limit Order
Term: Long (30-60 days)
🔸Status: ⬆️ Order filled shortly after posting last night. Big volume on the candle wick and the price has bounced since. It's a good entry, but we are in this for the long haul ⏳
🔸Current Price: 0.00002293
Entry: *0.00002250*
Take Profit: 0.00003130, 0.00004275, 0.00005535
Stop Limit: 0.00002040 (-10%)
Bitcoin Update 4h
Are we closing in? Hell yeah! The apex of the triangle is just round the corner of the coming weekend I suppose. A stark increase in volume will decide the direction of the coming moves.
Marked in all the levels of import. I think this will suffice your scalping strategies. For the holders, eyes are wide open.
Are we closing in? Hell yeah! The apex of the triangle is just round the corner of the coming weekend I suppose. A stark increase in volume will decide the direction of the coming moves.
Marked in all the levels of import. I think this will suffice your scalping strategies. For the holders, eyes are wide open.
🎓Trade Update🎓
🎓Open positions
We have a few positions open and we are looking pretty comfortable right now. I have been so pessimistic of late, targeting only the most reputable projects with a good track record, solid histories and reputations. I deviated from this rule once recently selecting to trade the latest IEO #PERL . Price discovery is still taking place and one looks for trouble when trying to trade Hype. Either way, the team has been looking at potential Alts for the new season.
🎓Open positions
We have a few positions open and we are looking pretty comfortable right now. I have been so pessimistic of late, targeting only the most reputable projects with a good track record, solid histories and reputations. I deviated from this rule once recently selecting to trade the latest IEO #PERL . Price discovery is still taking place and one looks for trouble when trying to trade Hype. Either way, the team has been looking at potential Alts for the new season.
#IOTA - View Chart
Selected by @cryptopotatoes himself, I'm glad I found the time to post this setup early - before our latest #SmashingWatchlist comes out. Current price is 2357sats, up 108 pips or ±5%.
Selected by @cryptopotatoes himself, I'm glad I found the time to post this setup early - before our latest #SmashingWatchlist comes out. Current price is 2357sats, up 108 pips or ±5%.
#BNB - View Chart
The Binance peg is what ultimately caused the stop on Perlin. A little $400 pump on BTC right shook the market yesterday. Done a -5% on BNB, and this translates into a -15% on most IEO coins it looks like. Either way, the price has reclaimed its position above the 25MA. Lines up nice with the previous low at the start of the month (05/09 @ 0.002023). Currently trading @ 0.002162 stop at 0.00195. Average entry 0.002075
The Binance peg is what ultimately caused the stop on Perlin. A little $400 pump on BTC right shook the market yesterday. Done a -5% on BNB, and this translates into a -15% on most IEO coins it looks like. Either way, the price has reclaimed its position above the 25MA. Lines up nice with the previous low at the start of the month (05/09 @ 0.002023). Currently trading @ 0.002162 stop at 0.00195. Average entry 0.002075
#ETC - View Chart
Looks like we suffered a stop on this position. With that said, I am more bullish than ever on this asset. What we are looking at is a bi-annual bottom that has now held a higher low for nearly a full week.
Looks like we suffered a stop on this position. With that said, I am more bullish than ever on this asset. What we are looking at is a bi-annual bottom that has now held a higher low for nearly a full week.
#ETC (LTF) - View Chart
Hold onto this position and load up for the long bellow 0.0006. We have a brilliant rejection on the dump and the 4th consecutive contact with the 25MA. Next up is cross hold and a brief re-test.
Hold onto this position and load up for the long bellow 0.0006. We have a brilliant rejection on the dump and the 4th consecutive contact with the 25MA. Next up is cross hold and a brief re-test.
🎓Market Update🎓
🎓#BTC / USD
Bitcoin fulfilled our short term bias to trade short, and it has let the Altcoins off lightly this time. Short entries were discussed briefly between the team last night and the entry was $10450.
This move filled us on IOTA but considering how close we are to the macro Apex on BTC. It really is not time to be attempting scalp trades right now.
From here on out well be looking at local supports for building a long position down from say $10200, but the ideal is 4 figures to about $9800. Beyond that, we'll have to cut ourselves loose.
Breakout entries could be more effective in these scenarios, but overall sentiment on the market appears bullish. Let's have at it 🚀
🎓#BTC / USD
Bitcoin fulfilled our short term bias to trade short, and it has let the Altcoins off lightly this time. Short entries were discussed briefly between the team last night and the entry was $10450.
This move filled us on IOTA but considering how close we are to the macro Apex on BTC. It really is not time to be attempting scalp trades right now.
From here on out well be looking at local supports for building a long position down from say $10200, but the ideal is 4 figures to about $9800. Beyond that, we'll have to cut ourselves loose.
Breakout entries could be more effective in these scenarios, but overall sentiment on the market appears bullish. Let's have at it 🚀
🎓 #SmashingWatchlist 🎓- A Sneak Preview