π #LINK / BTC - View Chart
πΈStatus: Manual exit at the bottom of buy zone. Clear rejection with a shooting star top.
πΈStatus: Manual exit at the bottom of buy zone. Clear rejection with a shooting star top.
π #BCH / BTC - View Chart
I've got my eyes on Bitcoin Cash. The price is pressing down on the top trendline. It has spent more than a week above this long term pitchfork channel. Therefore, this qualifies as a breakout region. If it does break down, we could be looking at a smashing short.
I've got my eyes on Bitcoin Cash. The price is pressing down on the top trendline. It has spent more than a week above this long term pitchfork channel. Therefore, this qualifies as a breakout region. If it does break down, we could be looking at a smashing short.
What's better?
Look you probably are wondering why your most trusted source hasn't commented on this market. Yeah look quite simple, I believe that it is safer to not put my people in a haystack.
What position would you chose?
Not realising the incoming drop and spamming altcoin signals
OR
The one you currently are in?
Remember, a dollar saved is a dollar earned.
Look you probably are wondering why your most trusted source hasn't commented on this market. Yeah look quite simple, I believe that it is safer to not put my people in a haystack.
What position would you chose?
Not realising the incoming drop and spamming altcoin signals
OR
The one you currently are in?
Remember, a dollar saved is a dollar earned.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
π #RVN / BTC - View Chart Our entry zone in the green box was close. impressive off the 100MA in blue. This is a clear inner trendline that we can mark out now. Looks as if it'll play as resistance for now. A breakout here would be profitable, locking upβ¦
π Spot Trade π
π #RVN / BTC - View Chart
πΈSignal Info: Ravencoin
Rank: #42
Exchange: Binance (Trade)
Direction: LONG
πΈStatus: Orders filled position open.
πΈCurrent Price: 309sats
Entry bellow: 310sats
Targets: 330sats, 355sats
Exit bellow: 289sats
π #RVN / BTC - View Chart
πΈSignal Info: Ravencoin
Rank: #42
Exchange: Binance (Trade)
Direction: LONG
πΈStatus: Orders filled position open.
πΈCurrent Price: 309sats
Entry bellow: 310sats
Targets: 330sats, 355sats
Exit bellow: 289sats
πTrade Update π
π #RVN / BTC - View Chart
πΈStatus:π― Target 1 hit for +6.3%
Position moved in our favour. Since the drop, RVN has held a new higher low just below the 100MA. This is the first strong sign that the Macro falling wedge is starting to change shape. Taking 25% profit here, 25% on the next target at the breakout. And the remaining position open until further notice. We need to see how the price handles the top side of the resistance trendline.
π #RVN / BTC - View Chart
πΈStatus:π― Target 1 hit for +6.3%
Position moved in our favour. Since the drop, RVN has held a new higher low just below the 100MA. This is the first strong sign that the Macro falling wedge is starting to change shape. Taking 25% profit here, 25% on the next target at the breakout. And the remaining position open until further notice. We need to see how the price handles the top side of the resistance trendline.
π Market Update π
π #BTCD Bitcoin Dominance - View Chart
Looks as if we are seeing the start of distribution on BTC. A lower high, along with rejection from the long term red band pulled across from mid-2017. The 100MA on the 4h chart has made a top and turned.
All this gives me a sense of confidence in some more Smashing Altcoin positions. We will be tentative and careful until we break below the 69% level, but we will start filling positions with tight stops in the meanwhile.
π #BTCD Bitcoin Dominance - View Chart
Looks as if we are seeing the start of distribution on BTC. A lower high, along with rejection from the long term red band pulled across from mid-2017. The 100MA on the 4h chart has made a top and turned.
All this gives me a sense of confidence in some more Smashing Altcoin positions. We will be tentative and careful until we break below the 69% level, but we will start filling positions with tight stops in the meanwhile.
π Market Update π
π #BTC / USD - View Chart
Bitcoin just tested the $8k level again reaching $8050 on BitStamp.
π #BTC / USD - View Chart
Bitcoin just tested the $8k level again reaching $8050 on BitStamp.
Update from Mr. X
BTC USD π΄
ββββββ-
Can you see the similarities here? π
https://www.tradingview.com/x/7ZckcsF2/
BTC USD π΄
ββββββ-
Can you see the similarities here? π
https://www.tradingview.com/x/7ZckcsF2/
π#SpotTrade π
π #BNB / BTC - View Chart
πΈSignal Info: Binance Coin
Rank: #8
Exchange: Binance (Trade)
Direction: LONG
Leverage: Binance Margin β
Status: Limit Entries Set
πΈAnalysis
Binance coin is right at the apex of its most recent symetrical triangle pattern.
The pattern has broken down quite a number of times in the last few weeks. This time we are right in the middle of a weekly order block from the end of January this year.
Indicators are confirming the bullish bias. DM+ and Average directional ADX as stuck together, both appear to have significant potential energy. The orange DM- has just dipped its nose down on the 4h chart.
Looking for this formation to play out as a flat wedge so entries are set in the local low region.
πΈCurrent Price: 0.00188
Entry bellow: 0.00185
Take Profit: 0.00198, 0.00223 (50/50)
Stop Limit: 0.00175 (-5)
π #BNB / BTC - View Chart
πΈSignal Info: Binance Coin
Rank: #8
Exchange: Binance (Trade)
Direction: LONG
Leverage: Binance Margin β
Status: Limit Entries Set
πΈAnalysis
Binance coin is right at the apex of its most recent symetrical triangle pattern.
The pattern has broken down quite a number of times in the last few weeks. This time we are right in the middle of a weekly order block from the end of January this year.
Indicators are confirming the bullish bias. DM+ and Average directional ADX as stuck together, both appear to have significant potential energy. The orange DM- has just dipped its nose down on the 4h chart.
Looking for this formation to play out as a flat wedge so entries are set in the local low region.
πΈCurrent Price: 0.00188
Entry bellow: 0.00185
Take Profit: 0.00198, 0.00223 (50/50)
Stop Limit: 0.00175 (-5)
πTrade Update π
π #RVN / BTC - View Chart
πΈStatus:π― Target 2 hit for +14.6%
Lovely breakout from the Macro pattern. I happened to click over to the chart on the weekly view and RVN looks absolutely stunning on that time frame too. A new target @ 408sats looks entirely reasonable. Sighten stop to exit remaining position for +7.6% @ 334sats
π #RVN / BTC - View Chart
πΈStatus:π― Target 2 hit for +14.6%
Lovely breakout from the Macro pattern. I happened to click over to the chart on the weekly view and RVN looks absolutely stunning on that time frame too. A new target @ 408sats looks entirely reasonable. Sighten stop to exit remaining position for +7.6% @ 334sats
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
βͺοΈ #MTL βͺοΈ #IOTX βͺοΈ #TRX βͺοΈ #RVN βͺοΈ #CDT βͺοΈ π #SmashingWatchlist π
π #SmashingWatchlist π
#MTL is showing exceptional performance. Trade was closed at break even before the crash. Currently seeking a new entry - View Chart
#MTL is showing exceptional performance. Trade was closed at break even before the crash. Currently seeking a new entry - View Chart
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
βͺοΈ #MTL βͺοΈ #IOTX βͺοΈ #TRX βͺοΈ #RVN βͺοΈ #CDT βͺοΈ π #SmashingWatchlist π
π #IOTX / BTC - View Chart
The trade on IoTeX is a go. Looking for optimistic entry at 42sats. Limit orders set.
The trade on IoTeX is a go. Looking for optimistic entry at 42sats. Limit orders set.
π #TRX / BTC - View Chart
My initial trade idea on Tron was shattered remarkably during the crash. I'm pleased that I did not give the go-ahead on the position, although it was a great chance to get a good entry if the flat bottom pattern was drawn.
It's not a very good time to be buying in now. If the top trendline is worth anything it looks to be a pretty good short infact. If it breaks out of the pattern with vigour, a breakout trade will certainly be profitable.
π New buy zone: Below 150sats
π Breakout level: 171sats
My initial trade idea on Tron was shattered remarkably during the crash. I'm pleased that I did not give the go-ahead on the position, although it was a great chance to get a good entry if the flat bottom pattern was drawn.
It's not a very good time to be buying in now. If the top trendline is worth anything it looks to be a pretty good short infact. If it breaks out of the pattern with vigour, a breakout trade will certainly be profitable.
π New buy zone: Below 150sats
π Breakout level: 171sats
Update from Mr. X
BTC USD π΄
ββββββ
Flipping this would create a good long opportunity. Daily close above 8200 and it will create a big beartrap pushing price from 8450 to 8750. I do not believe anything above there is really possible at the current state of the market.
Remember: This is a bearish trend.
Open Interest: 750 M
Funding: Neutral
https://www.tradingview.com/x/LaHkyPIr/
BTC USD π΄
ββββββ
Flipping this would create a good long opportunity. Daily close above 8200 and it will create a big beartrap pushing price from 8450 to 8750. I do not believe anything above there is really possible at the current state of the market.
Remember: This is a bearish trend.
Open Interest: 750 M
Funding: Neutral
https://www.tradingview.com/x/LaHkyPIr/
Energetic Saturday morning with the hot cup of expresso in my left hand and the iPad in the other, I came across this extremely important article that need to be read with patience. Yeah that key word is in play after all Bitcoin shakeouts. We recently celebrated the 10th anniversary of the King but fail to understand that nothing is a 'make millions overnight' stock or currency. The more mature the trading decisions made, the better the market fruits. Consider the stock market in the 80s and now, it wasn't the time that changed millions to billions, it was the development, the mindset.
If we fail to o the same here, sooner or later we will die out.
https://link.medium.com/xPsEfm6Sl0
If we fail to o the same here, sooner or later we will die out.
https://link.medium.com/xPsEfm6Sl0
Medium
Crypto Traders Need To Grow Up Before Crypto Markets Can Grow
As blockchain technology matures, cryptocurrency traders must mature with itβββor get left behind.
Daily market briefing
Dominance has risen to the previously marked digit and has completed the reversal pattern of a dip in the main peak, suggesting that adjustment will proceed. It is expected to support around 60 first and finally finish near 50. During this period, full-scale alt market will begin with the rise of the beat. Bitcoin touched the position that was set as the short position position the day before, and this position is the main section that needs to be checked before the rebound proceeds. It is the same as the resistance position, but since the first target position was reached before the short entry, the risk was increased and the entry was canceled. If you break through the area, you can rise to around $ 9080 ~ 9100 $, and you can enter from the press when you adjust after touching the price range. There's no price point yet to touch, so you'll see more possibilities for adjustment and the price point is the same.
Dominance has risen to the previously marked digit and has completed the reversal pattern of a dip in the main peak, suggesting that adjustment will proceed. It is expected to support around 60 first and finally finish near 50. During this period, full-scale alt market will begin with the rise of the beat. Bitcoin touched the position that was set as the short position position the day before, and this position is the main section that needs to be checked before the rebound proceeds. It is the same as the resistance position, but since the first target position was reached before the short entry, the risk was increased and the entry was canceled. If you break through the area, you can rise to around $ 9080 ~ 9100 $, and you can enter from the press when you adjust after touching the price range. There's no price point yet to touch, so you'll see more possibilities for adjustment and the price point is the same.