Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
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Analysing the past to capitalize the future.
Not financial advice
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#BNB / BTC - View Chart

Binance coin has performed remarkably today. Falling 3% short of our second target, unfortunately, but getting there a lot sooner than expected. A big catalyst for the day's move has been some positive moves for China.

Raise Stop loss to first target - 0.00198 (+2.3%)

P2P crypto trading in China - Read More
Ghost of a chance
๐ŸŽ“ Do you have what it takes to become a successful trader?

Words by Bernard Baruch | 1870 - 1965
Spoken by Ray Dalio | 1949 (70 years)
๐ŸŽ“Trade Update๐ŸŽ“ - View Chart

Position on Raven has been closed for the cycle. Although whatever just happened on RVN is exactly what I was expecting from the asset.

This rising wedge formation form me is one of the most profitable setups in crypto. We have seen it time and time again. A forcefull accumulation cycle that works its way up the wedge.

In hind stight, I would have loved to close the position two weeks ago @400 sats. And then go on to trade the rising wedge formation. Entries would have been in the fakeout break to the bottom (this happened and would have been filled @ ยฑ375sats), or breakout entries to the upside (Final target range @ 408sats).
Shall we continue to provide commentary and potential entries on Raven coin, even though we are up 30% at the breakout?
Final Results
78%
Yes, this is nothing but a good start.
22%
No, we have had our fill.
๐ŸŽ“ Spot Trade ๐ŸŽ“
๐ŸŽ“ #OST / BTC ( 4H) -View Chart

๐Ÿ”ธSignal Info: OST
Exchange: Binance (Trade)
Rank #330
Direction: LONG
Term: 20 days

๐Ÿ”ธAnalysis: Big money easy money here for the taking on OST. An inside scoop says this one might be the next to move.

With or without hints, this chart just looks stunning. The price has been working this uptrend curve for nearly 60 days now - since the bottom at 90sats. OST had an attempt at the breakout level twice within the last 4 days. Ideally, we will not have to work with that level.

We are targeting a lower entry along the moving average. The level is relevant. It took the bulls some effort to get above this resistance, and after the second rejection from the 160 breakout level - It's more than likely we'll get a better entry at 130sats.

The DMI indicator has been doing well, and again it's presenting a crystal clear alternative perspective about the situation on this asset. Huge distance between ADX & +DM says there is a lot of range for movement here. Crossover on the -DM incoming, this will be the decisive signal to action.

๐Ÿ”ธStatus: Limit entries set / Breakout Triggers set

๐Ÿ”ธCurrent Price: 149sats

Limit Entry: Bellow 130sats
Breakout Entry: Above 160sats

Targets: 203sats, 290sats, 30% Open

Exit for limit only: 121sats (-6%)
Exit for breakout announced on the trigger
๐ŸŽ“ Spot Trade ๐ŸŽ“
๐ŸŽ“ #RVN / BTC - View Chart

๐Ÿ”ธSignal Info: Ravencoin
Rank: #37
Exchange: Binance (Trade)
Direction: LONG

๐Ÿ”ธAnalisys: Alright, lets start off by zooming into the micro time frame (5min). Isn't it lovely to see this impulse breakout in all its glory!

There have been a few signals to have entered Raven during this breakout - marked green. We are looking for contact with the moving averages, potential flag or diamonds forming on the shorter time frame. Testing of previous local levels.

For now, we'll only be targeting limit entries. Medium risk of 5% for a stop. Laddering the entry in this period of volatility. Looks like the price is actively making a mess of this work - running towards the first target as we speak. Let's opt for staying calm and have our orders filled by the morning.

๐Ÿ”ธStatus: Limit orders set.

๐Ÿ”ธCurrent Price: 434sats
Entry: 425, 414sats
Targets: 449sats, 480sats, Open
Exit bellow: 405sats (-5%)
๐ŸŽ“ Spot Trade ๐ŸŽ“
๐ŸŽ“ #RVN / BTC - View Chart

๐Ÿ”ธSignal Info: Ravencoin
Rank: #37
Exchange: Binance (Trade)
Direction: LONG

๐Ÿ”ธStatus: Position is a go on Raven coin, both entries filled and the price appears to be holding the line. Looking to lock it down at 425sats when we reach the first target.

๐Ÿ”ธCurrent Price: 454sats
Entry: 425, 414sats
Targets: 449sats, 480sats, Open
Exit bellow: 405sats (-5%)
๐ŸŽ“ BTC / USD - View Chart

Just a quick picture to show you all whats going on right now
Here is an important correlation between the price of bitcoin and the halving.
$BTC / $USD

Grey boxes is price action following a raided swing point in the market. These areas are usually where people tend to get really bearish or bullish and the whole โ€œlonging into resistanceโ€ - โ€œshorting supportโ€ derives from.

Price reaches these trend points/ swing high/ swing lows and makes price look really attractive to that direction.

Yesterdayโ€™s swing high price hovered below it while many thought we were going to break to the upside. Liquidity was being engineered, around 70M in open interest was added and the end result was a nice pop to let huge role players fill their shorts with your liquidity and send the market down.


https://www.tradingview.com/x/WFBLV4nQ/
๐ŸŽ“ Trade Update ๐ŸŽ“
๐ŸŽ“ #RVN / BTC - View Chart

๐Ÿ”ธSignal Info: Ravencoin
Rank: #37
Exchange: Binance (Trade)
Direction: LONG

๐Ÿ”ธStatus:๐ŸŽฏ Target 1 triggered for +7% profit from the average entry. Bullish flag breakout. Looks like our most loyal members really know what they are talking about! 78% voted for a continuation following the break at 400sats

๐Ÿ”ธCurrent Price: 441sats
Entry: 425, 414sats
Targets: 449sats, 480sats, Open
โคด๏ธ Exit bellow: 420sats (0%)
#ADA / BTC - View Chart

Position
on Cardano is trading just bellow our initial breakout entry. It shows the breakout entry was positioned correctly in the first place, but it's acting like resistance right now.

We have already cashed in the first target. I'd hate to miss the upside on the coming move, but the fact is that it's looking pretty bearish right now. I'll keep an eye out for a neat limit entry.

๐Ÿšซ Manual Close at -1.3%
๐ŸŽ“ Trade Update ๐ŸŽ“
๐ŸŽ“ #OST / BTC ( 4H) -View Chart

๐Ÿ”ธSignal Info: OST
Exchange: Binance (Trade)
Rank #330
Direction: LONG
Term: 20 days

๐Ÿ”ธChanges: โคด๏ธRaising limit entry by 10 sats. Price is wedged up inside this sharp symmetrical wedge drawn to the candle close. It might play in our favour so catching a fill in this wick zone should be worth the risk. Stop-loss raises along with the entry.

๐Ÿ”ธStatus: Limit entries set / Breakout Triggers set

๐Ÿ”ธCurrent Price: 145sats

Limit Entry: Bellow 140sats
Breakout Entry: Above 160sats

Targets: 203sats, 290sats, 30% Open

Exit for limit only: 131sats (-6%)
Exit for breakout announced on the trigger
๐ŸŽ“ #LTC / BTC - View Chart

๐Ÿ“Š Overview on LTC

While trying to get my pulse on the market before the weekend, I decided to have a look at Litecoin. It has been awfully quiet recently. The technical analysis on LTC shows us just why it has been so.

For a moment, I had been plotting the chart on the 4h time frame before zooming out to extend the lines I had drawn. The line connecting the wicks just happened to intersect the lowest low we have seen on LTC since late 2017 (0.0001). It just goes to show how critical things are on the currency right now.

With that said, this is the time to be bullish. If its breaks it breaks, but everything points to a major run on Litecoin. The long term chart shows off the 100MA performing like clockwork as always. It's not long before the line gets tested, and that would already mean a breakout from this wedge ladies and gentlemen.
#LTC / BTC - View Chart

I figured I should have added a vote for stay away all together! ๐Ÿค”