🎓 #ANKR / BTC - View Chart

Huge breakout on this fresh coin. Horizontal has been completely shattered. The coin has never seen such volume before.

Whats more is that the price has returned to a resonable entry zone. Grab some Ankr it up before its too late.

Entry: 30sats, 28sats
Exit: 26sats

🎓 #XEM / BTC - View Chart

Yet another great move and breakout by an OG currency. Lets see if we can catch a fill at the 500sat zone before it runs off.

$BTC / $USD

Price currently consolidating above H12 OB with declining sell volume.

Price consolidated nicely for 4-5 days before breaking down.

Ultimately I’d like price to get back up and run the highs of this consolidation into 3D resistance before we nuke down.

Watching for a short in that region.


https://www.tradingview.com/x/nsj8y1TE/

With the second revival round for offerings, CZ did make an impact on the market initially but it looks like the IEO craze has died out once again.

🎓 #XEM / BTC - View Chart

The New Economic Movement has returned to our entry zone in spectacular fashion. Missing the 5% gain - right after the post this morning - set me up with a bit of the FOMO bug.

Back then I lamented over setting limit orders over market purchase. Yet again I am reminded about the virtue of patience. Patience and fortitude conquer all things. Discipline is the key to making it as a success as a trader.

I market bought my fair share at 499sats a few hours ago, and I'm very pleased with the price. Do your best to get a neat entry bellow this level.

🔸Current Price: 514sats
Enter Bellow: 500sats - Filled
Targets: 552sats, 636sats, 865sats
Exit bellow: 475sats (-5%)

🎓 #XEM / BTC (1D) - View Chart

🎓 #XMR / BTC - View Chart

It's very nice to be up on your high horse about patience...

Sometimes you get left in the dust. Sometimes responding to events and impulse moves result in more profits. By more profits, I mean more profits over time exposed to the market. High entry, quick exit.

Generally, Breakout/Market trades get you an outright shitty entry, but the chances that it'll move your way is high.

🎓 #XEM / BTC

First target 🎯 reached on #XEM last night before pulling back slightly. +10% profit. Refill at entry is a go 🔼

🎓 #ANKR / BTC

✅Both Entries have been filled and the trade is active. Will post targets ASAP.

Entry: 30sats, 28sats
Exit: 26sats

Edit:
Targets: 39sats, 47sats, 63sats

Update from Mr. X
BTC USD 🔴
——————
Quote from last night's post:

"One-sec flash pump on Bitfinex - 60$ move that took out the highs. Finex has been leading the whole market many times with those wicks "forseeing" what is going to happen."

A bearish signal on one exchange lead to price breaking down? My assumption is that some entity took advantage of Bitfinex low liquidity in order to manipulate the market. Even if this was not the case finding confluence between exchanges can help with your trades.

After this signal we moved our stops to Breakeven on our Longs in the premium group and took 1/3 of position profit.

https://www.tradingview.com/x/pCoRQlga/

A rough inference from the price and news isn't quite impressive. I must remind you the simple idea that after a pebble is thrown into a pond, it bounces a couple of times from the surface only to sink to the bottom. Now when we put this into the crypto logic, the price of bitcoin is hammering its support around $7800 - $7900 range. Another smaller bounce or probably the last ripple will send us lower.

$BTC / $USD

Only place I’d consider shorting is around this range high and liquidity pool around 8460+


https://www.tradingview.com/x/RRVTJHZx/

$BTC / $USD

Overview:

Currently long on btc from 7901.

Key things to take Into account.

Price consolidated heavily at a H12 demand while price was being suppressed. What makes this demand a strong one? It was the one that led to the break in market structure followed by a raid of 8800 highs.

Price retraced back into it which we consolidated before expansion.
Keep this in mind: consolidation above new demand (support) is bullish; consolidation above old demand (support) is bearish.

Daily higher low and higher time frames printing an expansion while many people were shorting a key level. Price suppression is usually done at these levels to fool you into shorting and to fill larger long bid orders.

It’s a matter of perspective and how you interpret price actions


https://www.tradingview.com/x/qcQNbMcR/

$BTC Dominance

Currently trading above key weekly level which is NOT good for alts.

Ideally I’d wait for a break of weekly level and consolidation before expansion to the downside before considering heavy spot and alt longs.

For now my only exposure is BTC and USD.


https://www.tradingview.com/x/qastcI2w/

$TRX / $BTC

Considering the dominance chart is trending and some alts are failing to follow through.

This is a setup I’m considering for tron.

Lower highs/ lower lows.

Lows swept and consolidated above a key OB but failed to have any follow through.

If price breaks down and consolidates below this key level I will be looking to short to its next key support.


https://www.tradingview.com/x/tlSHZmul/

Update from Mr. X

BTC USD 🔴
——————
Take a look at the 8H close. Bellow Resistance and it can take price down to 8080 support. Above Resistance and this might be the same fractal as per 7th-9th of October.

https://www.tradingview.com/x/ssLYqjfm/

Just so you get the idea, $BTC longs are currently paying $67.770 on daily basis while shorts are only paying $664 to keep their positions open.

$ETH/USD Finex daily charge is $36.144 vs around $800 as well.

Adjustments have been made to the main support section of the BITFINEX exchange. You can see the rebound in the lower line of the fireflag pattern, one of Fibonacci 0.5 retracement and rising wave adjustment patterns. (XBT / USD continued its bullish trend as it shows a 0.382 retracement level) As long as the additional lows are not updated and the peaks of one wave are not below, the target value of the typical five-wave rate calculation can be set to $ 8400 $ or 8456 $. (8466 $ / 8500 $ based on XBT / USD) The maximum rate of rise can form waves up to $ 8968, but if the rise is near, there will be more residual waves, making it difficult.

New Proposed Soft Fork for Litecoin

Today, the Litecoin Foundation put up the following tweet:

https://twitter.com/LTCFoundation/status/1186652141089427456


This Proposal is Litecoin's Attempt to Integrate Privacy into Their Protocol

The tweet contains a GitHub link to a new LIP (Litecoin Improvement Proposal; like BIPs...just with Litecoin instead).

Here is the link: https://github.com/litecoin-project/lips/blob/master/lip-0003.mediawiki

Proposal Title: 'MimbleWimble via Extension Blocks'

This is a 'soft fork' proposal, which means that, if accepted, there would:

A) Be no 'split' in the chain or mandatory upgrade

B) The upgrade would be backwards compatible, which means that blocks that include these new TXs on the Litecoin network would not be considered invalid or rejected by non-upgraded nodes (if this proposal is accepted, it is still in 'draft' status currently)

Source hash.fail

Watch Facebook CEO Mark Zuckerberg live as he testifies before Congress on social media giant’s Libra stablecoin: https://www.youtube.com/watch?v=isTB1Bpl9SA