#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.
πMarket Updateπ
π#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 π
π#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 π
π #SmashingWatchlist π- A Sneak Preview
Update from Mr. X
BTCUSD π΄
ββββββββββ
Pivotal Block provided good reaction until now. Bullish as long as the algorithmic trendline on the chart holds price. Equal highs/lows tend to be taken out 80% of the time so it might be the case here. This might also print an inverse H&S formation which will trapp buyers eventually as I don't think price will move above 11200-11700.
On the other hand if trendline breaks and price goes bellow Pivot we will revisit low 9000s.
Keep in mind that during the weekends there is less volume thus price moves easier. I have noticed that there is less selling pressure so there are more chances that we go up until Monday's open. Be ready to react to both scenarios.
https://www.tradingview.com/x/8fXvvM3p/
BTCUSD π΄
ββββββββββ
Pivotal Block provided good reaction until now. Bullish as long as the algorithmic trendline on the chart holds price. Equal highs/lows tend to be taken out 80% of the time so it might be the case here. This might also print an inverse H&S formation which will trapp buyers eventually as I don't think price will move above 11200-11700.
On the other hand if trendline breaks and price goes bellow Pivot we will revisit low 9000s.
Keep in mind that during the weekends there is less volume thus price moves easier. I have noticed that there is less selling pressure so there are more chances that we go up until Monday's open. Be ready to react to both scenarios.
https://www.tradingview.com/x/8fXvvM3p/
πMashed Market Map π - View PDF
π Mashed Market Commentary π
Alright, we have a move to work with. I have been watching charts and scouting Alts all weekend, but it's all for not if BTC doesn't play along.
#BTC has "dumped" so to say, or that's what you see people talking about. Some $40mil worth of long positions got licked earlier today, but we have taken our fill on this move. Entry calls at $10 100 have been filled. Price was about $60 short of the second entry at 10k.
BTC Dominance has crossed a significant line. The 25MA has held this uptrend in check. It has now been crossed definitively. Ethereum is showing strength on the USD pair. Could the correlation be breaking?
The market is still very much at a precipice, fear greed has been at a standstill for weeks now. Traders have been slightly fearful over this period with average readings clearly at about 40% Fear.
RSI scanner is looking pretty uneventful. Only the top 4 currencies are pulling in more than 2000BTC volume for the day. #BNB is tops and its flat as could be. #EOS is cooling off a bit after the rush late last week. #LINK is rising and could be a buy signal there. #XRP seems to have had a pitiful response to the BTC dump. This isn't altogether bad news, could the correlation also be breaking on Ripple?
Alright, we have a move to work with. I have been watching charts and scouting Alts all weekend, but it's all for not if BTC doesn't play along.
#BTC has "dumped" so to say, or that's what you see people talking about. Some $40mil worth of long positions got licked earlier today, but we have taken our fill on this move. Entry calls at $10 100 have been filled. Price was about $60 short of the second entry at 10k.
BTC Dominance has crossed a significant line. The 25MA has held this uptrend in check. It has now been crossed definitively. Ethereum is showing strength on the USD pair. Could the correlation be breaking?
The market is still very much at a precipice, fear greed has been at a standstill for weeks now. Traders have been slightly fearful over this period with average readings clearly at about 40% Fear.
RSI scanner is looking pretty uneventful. Only the top 4 currencies are pulling in more than 2000BTC volume for the day. #BNB is tops and its flat as could be. #EOS is cooling off a bit after the rush late last week. #LINK is rising and could be a buy signal there. #XRP seems to have had a pitiful response to the BTC dump. This isn't altogether bad news, could the correlation also be breaking on Ripple?
π#Derivatives π
π XBT USD | 4h - View Chart
πΈSignal Info: Bitcoin
Rank: #1
Exchange: Bitmex (Trade) - Bitmex Signup
Direction: LONG x10
πΈStatus: Buy order filled at $10 100. Buy at $10 000 stays open.
Current Price: $10153
Entry: $10 100, $10 000
Targets: $10 380, $10 720, $11 300
Stoploss: $9 800
π XBT USD | 4h - View Chart
πΈSignal Info: Bitcoin
Rank: #1
Exchange: Bitmex (Trade) - Bitmex Signup
Direction: LONG x10
πΈStatus: Buy order filled at $10 100. Buy at $10 000 stays open.
Current Price: $10153
Entry: $10 100, $10 000
Targets: $10 380, $10 720, $11 300
Stoploss: $9 800
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
#BTC / USD - View Chart Charting entries at $10 000 & $9 800 x10 Leverage Stops at $9 645
π Note: Looks like $10 100 wasn't officially mentioned in this post, although I said I'd be buying bellow $10 200 on the post just above. Let us see how things play out here.
I will include a breakout entry at $10 185 to make up for this, to be closed if 10k entry triggers.
I will include a breakout entry at $10 185 to make up for this, to be closed if 10k entry triggers.
π#Trade Update π
π XBT USD | 5Min - View Chart
πThat's game on for real this time!
π―First target reached with +18% profit in 5 minutes
π XBT USD | 5Min - View Chart
πThat's game on for real this time!
π―First target reached with +18% profit in 5 minutes
π$XRP BTC | 30min - View chart
πΈSignal Info:
Exchange: BITMEX - BYBIT
Direction: LONG x10
Signal Type: Market
πΈAnalysis:
XRP has started to run and we are all about securing a solid entry now. What I've drawn here is the bump and run reversal pattern (BARR). This comes into play when wild speculation drives the price too high to fast.
Seeing this, it's hard not to be a little pessimistic. Let's start out with a tentative scalp to the 3000sat where the psychological levels lie.
Current Price: 0.00002834
Entry: 0.00002838
Take Profit: 0.00003000
Stop Limit: 0.00002795
πΈSignal Info:
Exchange: BITMEX - BYBIT
Direction: LONG x10
Signal Type: Market
πΈAnalysis:
XRP has started to run and we are all about securing a solid entry now. What I've drawn here is the bump and run reversal pattern (BARR). This comes into play when wild speculation drives the price too high to fast.
Seeing this, it's hard not to be a little pessimistic. Let's start out with a tentative scalp to the 3000sat where the psychological levels lie.
Current Price: 0.00002834
Entry: 0.00002838
Take Profit: 0.00003000
Stop Limit: 0.00002795
π$XRP BTC | 5min - View Chart
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
π$XRP BTC | 30min - View chart πΈSignal Info: Exchange: BITMEX - BYBIT Direction: LONG x10 Signal Type: Market πΈAnalysis: XRP has started to run and we are all about securing a solid entry now. What I've drawn here is the bump and run reversal patternβ¦
βοΈ Make this a breakout entry @ 0.00002850 if you haven't bought yet. BTC is showing some colour π
πTRADE UPDATE π
π #ETC / BTC - View Chart
πΈSignal Info: Ethereum Classic
Rank: #17
Exchange: Binance (Trade)
Direction: LONG
πΈStatus: πΉ Position up Β±5%. Raising stop.
πΈCurrent Price: 0.000638
Entry: 0.000595
Take Profit: 0.000775
Stop Limit: 0.000607 (+2%)
π #ETC / BTC - View Chart
πΈSignal Info: Ethereum Classic
Rank: #17
Exchange: Binance (Trade)
Direction: LONG
πΈStatus: πΉ Position up Β±5%. Raising stop.
πΈCurrent Price: 0.000638
Entry: 0.000595
Take Profit: 0.000775
Stop Limit: 0.000607 (+2%)
πTrade Updateπ
π #IOTA / BTC - View Chart
πΈSignal Info: MIOTA
Rank: #19
Exchange: Binance
Direction: LONG
Order Type: Limit Order
Term: Long (30-60 days)
πΈStatus:πΉ Postion up +15% β³Still running towards our targets. Raising stop to secure 5%
πΈCurrent Price: 0.00002580
Entry: 0.00002250
Take Profit: 0.00003130, 0.00004275, 0.00005535
Stop Limit: 0.00002365 (+5%)
π #IOTA / BTC - View Chart
πΈSignal Info: MIOTA
Rank: #19
Exchange: Binance
Direction: LONG
Order Type: Limit Order
Term: Long (30-60 days)
πΈStatus:πΉ Postion up +15% β³Still running towards our targets. Raising stop to secure 5%
πΈCurrent Price: 0.00002580
Entry: 0.00002250
Take Profit: 0.00003130, 0.00004275, 0.00005535
Stop Limit: 0.00002365 (+5%)
πTrade Updateπ
π #BNB / BTC - View Chart
Position in Binance coin just about breaking even again. Not the most thilling trade, but let us see if it can perform now.
π #BNB / BTC - View Chart
Position in Binance coin just about breaking even again. Not the most thilling trade, but let us see if it can perform now.