#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
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
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$ADA / $BTC Taking this setup. Range high break with price hovering above monthly. Taking profit at swing points and daily resistance. Entry: 494-490 Stop loss: 468 TP: 526 and 547 https://www.tradingview.com/x/BVDi1sm4/
#ADA / BTC - View Chart
Another hit and hit for us during todays mild mayhem. Position on Cardano made +6% profit without leverage.
Another hit and hit for us during todays mild mayhem. Position on Cardano made +6% profit without leverage.
Ghost of a chance
๐ Do you have what it takes to become a successful trader?
Words by Bernard Baruch | 1870 - 1965
Spoken by Ray Dalio | 1949 (70 years)
Words by Bernard Baruch | 1870 - 1965
Spoken by Ray Dalio | 1949 (70 years)
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
#WABI / BTC - View Chart ๐น Let's refill our position on Tael. It has returned to our entry zone rather nearty after dancing around our 1st target range for a few days. RSI has hit rock bottom - take note of the RSI reading on TRX too if you will. Marketโฆ
๐Trade Update๐ - 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).
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.
๐ Spot Trade ๐
๐ #OST / BTC ( 4H) -View Chart
๐ธSignal Info: OST
Exchange: Binance (Trade)
Rank #330
Direction: LONG
Term: 20 days
๐ธAnalysis: 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.
๐ธStatus: Limit entries set / Breakout Triggers set
๐ธCurrent 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
๐ #OST / BTC ( 4H) -View Chart
๐ธSignal Info: OST
Exchange: Binance (Trade)
Rank #330
Direction: LONG
Term: 20 days
๐ธAnalysis: 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.
๐ธStatus: Limit entries set / Breakout Triggers set
๐ธCurrent 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
๐ Spot Trade ๐
๐ #RVN / BTC - View Chart
๐ธSignal Info: Ravencoin
Rank: #37
Exchange: Binance (Trade)
Direction: LONG
๐ธAnalisys: 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.
๐ธStatus: Limit orders set.
๐ธCurrent Price: 434sats
Entry: 425, 414sats
Targets: 449sats, 480sats, Open
Exit bellow: 405sats (-5%)
๐ #RVN / BTC - View Chart
๐ธSignal Info: Ravencoin
Rank: #37
Exchange: Binance (Trade)
Direction: LONG
๐ธAnalisys: 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.
๐ธStatus: Limit orders set.
๐ธCurrent Price: 434sats
Entry: 425, 414sats
Targets: 449sats, 480sats, Open
Exit bellow: 405sats (-5%)
๐ Spot Trade ๐
๐ #RVN / BTC - View Chart
๐ธSignal Info: Ravencoin
Rank: #37
Exchange: Binance (Trade)
Direction: LONG
๐ธStatus: 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.
๐ธCurrent Price: 454sats
Entry: 425, 414sats
Targets: 449sats, 480sats, Open
Exit bellow: 405sats (-5%)
๐ #RVN / BTC - View Chart
๐ธSignal Info: Ravencoin
Rank: #37
Exchange: Binance (Trade)
Direction: LONG
๐ธStatus: 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.
๐ธCurrent Price: 454sats
Entry: 425, 414sats
Targets: 449sats, 480sats, Open
Exit bellow: 405sats (-5%)
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Short position based on downside divergence, equilibrium resistance, Fibonacci retracement and resistance intervals in HTF E.P: $8695 ~ $8738 S.L: $8760 T.P: $8390 / $8210 / $7990 โป Risk exists due to break above the resistance zone with transactionโฆ
Who be bullshitting? Well not Mr. Potato atleast. Bang bang profits baby!
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 โlonging into resistanceโ - โshorting supportโ derives from.
Price reaches these trend points/ swing high/ swing lows and makes price look really attractive to that direction.
Yesterdayโs 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/
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 โlonging into resistanceโ - โshorting supportโ derives from.
Price reaches these trend points/ swing high/ swing lows and makes price look really attractive to that direction.
Yesterdayโs 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/
๐ Trade Update ๐
๐ #RVN / BTC - View Chart
๐ธSignal Info: Ravencoin
Rank: #37
Exchange: Binance (Trade)
Direction: LONG
๐ธStatus:๐ฏ 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
๐ธCurrent Price: 441sats
Entry: 425, 414sats
Targets: 449sats, 480sats, Open
โคด๏ธ Exit bellow: 420sats (0%)
๐ #RVN / BTC - View Chart
๐ธSignal Info: Ravencoin
Rank: #37
Exchange: Binance (Trade)
Direction: LONG
๐ธStatus:๐ฏ 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
๐ธCurrent 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.
๐ซ Manual Close at -1.3%
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.
๐ซ Manual Close at -1.3%
๐ Trade Update ๐
๐ #OST / BTC ( 4H) -View Chart
๐ธSignal Info: OST
Exchange: Binance (Trade)
Rank #330
Direction: LONG
Term: 20 days
๐ธChanges: โคด๏ธRaising 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.
๐ธStatus: Limit entries set / Breakout Triggers set
๐ธCurrent 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
๐ #OST / BTC ( 4H) -View Chart
๐ธSignal Info: OST
Exchange: Binance (Trade)
Rank #330
Direction: LONG
Term: 20 days
๐ธChanges: โคด๏ธRaising 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.
๐ธStatus: Limit entries set / Breakout Triggers set
๐ธCurrent 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
๐ #LTC / BTC - View Chart
๐ 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.
๐ 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.
How shall we approach the entry on Litecoin?
Final Results
33%
Trade the wedge breakout
20%
Trade the 100MA crossing
25%
Limit entries at lower trendline
22%
Market enrty