Bitcoin Update

$BTC / $USD 1D analysis
The reason I opted to chose Binfinex is because of the less manipulated charts they have. No accusations against the others but surely they aren't into wick hunting. Jumping back to the very colourful chart setup, here are the legends.

Tiny red and green spots - Liquidations
Circles with colour : -
Red - Negative cross
Green - Positive cross
Funny things at the bottom - the overall momentum of price action

Breaking it down
Volume has dropped significantly resulting in a somewhat choppy or NO TRADE ZONE. Coming to the Momentum, it can be clearly seen that the candles are perfectly in sync with the movement of price. We are currently seeing a positive growth but I would wait for a confirmation. The Fibbonacci lines are doing their usual magic buy holding on to key level.

Coming to key levels, I see a massive short coming in if we breach the $6900 region. This might be one of those painful days where we endup in tears if we long. Even if we make it north, we are bound to face the upper resistance which I highly doubt will pierce through with such a low volume.

Recommendation
Hold your fait or crypto. Whatever you have in mind, don't FOMO. We can see action being equiprobable in both directions so I would rather wait. For the long term buyers, start picking small chuncks. Aggressive traders, Just use the 25 MA - 7MA cross to set up high leverage trades.

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

Insight into a possible FUD

Okay first off you might have some questions about this. Things like credibility of the source etc.

The information is out and up for you to assess.

DASH coin might be closing down soon. The recent insider suggests they have already layed off staff and will soon break the news.

Might as well turn out to be a rumour but we know the impact this can bring.

@hashedplutus

🎓 TradeUpdate 🎓
🎓 $IOST / BTC - View Chart

🔸Signal Info: IOST
Rank: #65
Exchange: Binance
Direction: LONG

Now it has been quite a while since I've updated you about progress on IOST. The trade has hit the first 🎯target twice and returned to entry each time. That's 13% twice if you re-entered.

Right now the price is calling for a breakout. Let's see if we can get some fresh entries.

🎓 Spot Trade 🎓
🎓 $IOST / BTC - View Chart

🔸Signal Info: IOST
Rank: #65
Exchange: Binance
Direction: LONG
Margin: x5

🔸Status: Limit order set.

🔸Analysis: IOST has worked its way through this ascending wedge. The price dipped on Nov 20 and entered a window of indecisive consolidation. traders set an uptrend during the window, and the price swiftly left the block.

The DMI makes this very clear, the ADX was pulled out along with the blue DM+ and we have a bullish signal engaged. Get your entries filled!

🔸Current Price: 78sats
Entry: 76sats
Targets: 84sats, 96sats, 115sats

🎓 Spot Trade 🎓
🎓 $ZEC / BTC - View Chart

🔸Signal Info: Z Cash
Rank: #33
Exchange: Binance
Direction: LONG
Margin: x5

🔸Status: Limit order set.

🔸Analysis: I have been accumulating Z cash for last week or so. I figured its time I shared the idea with you all. Price is thoroughly trapped where it is right now.

There is the Macro wedge which looks unstoppable. Then there is the dashed line and an even tighter wedge. Activity and book volume is looking great. The sell books are looking thin.

The horizontal low has not yet broken. If trade is up here, we could make some good money from this legendary privacy coin.

🔸Current Price: 0.00379
Entry: 0.00378, 0.00376
Targets: 0.00427, 0.004603, 0.005135
Exit: 0.0037 (2%)

🎓 Spot Trade 🎓
🎓 #RVN / BTC - View Chart

🔸Signal Info: Ravencoin
Rank: #43
Exchange: Binance (Trade)
Direction: LONG
Market entry: ✅

🔸Status: Raven coin is a go on! Things have been building up here for a long time and there are a number of signals confirming this move.

We have the trusty DMI leading the way. Break on the trending down line. 50MA held heavy resistance on before the break.

Entries set just below the action. Let's see if we can get some.

🔸Current Price: 316sats
Entry: 311sats
Targets: 334sats, 368sats, Open
Exit bellow: 296sats (-4.5%)
Stop at market: (-6%)

$ETH / $USD

Not looking too good.

H12 raid followed by closes below.
Only way I’d long this is if we get those above the H12 swing high and would aim for 170$

But as of now I’m sidelined.


https://www.tradingview.com/x/Xha94Pus/

🎓#TradeUpdate 🎓
🎓 #ZIL / BTC - View Chart

🔸Signal Info: Zilliqa
Exchange: Binance (Chart)
Rank: #88
Direction: LONG

🔸Status: First order has been filled. Second one, the price just insn't exploring that range. The chart looks great, maybe soon. 🌛


🔸Current Price: 0.00000071
Entry: 0.00000068, 0.00000062
Take Profit: 0.00000085, 0.00000111
Stop Limit: 0.00000058 (-10.3%)

🎓 #TradeUpdate 🎓
🎓 #RVN / BTC - View Chart

🔸Signal Info: Ravencoin
Rank: #43
Exchange: Binance (Trade)
Direction: LONG
Market entry: ✅

🔸Status: Entry filled perfectly, and the price explodes in our favour 🎯 First target reached, and second targets fell 2sats short of the high. Let's cash in that last targets, and run the 3rd portion for some lofty targets.

🔸Current Price: 316sats
Entry: 311sats
Targets: 334sats, 368sats, Open
⤴️ Raise Stop: 311sats (0%)

🎓 #TradeUpdate 🎓
🎓 #RVN / BTC - View Chart

🔸Status: 🎯 Second target reached for +18.5%.
Final target established at 449sats.

🔸Current Price: 316sats
Entry: 311sats
Targets: 334sats, 368sats, 449sats
⤴️ Raise Stop: 334sats (+7.5%)

🎓 #RVN - Here is the news ☝️

- Link

$ETH

Nice H12 respected range building off of the larger price range.

Looks like consolidating above mid range.

Break back into higher time frame range low and will look for a move back to that 173-177 level for a short.

Break below H12 EQ and would expect 137~ again.


https://www.tradingview.com/x/vs93ivRO/

🎓 TradeUpdate 🎓
🎓 $IOST / BTC - View Chart

🔸Status: IOST totally ran away from me while I was charting last night. We missed the entry. Price made a neat breakout, but its now performing a test.

There is a pretty omminous double top formation, and you can see some trader are reacting to it. Should should be enough for us to get our lower orders filled.

IOST hasn't been that high in over 90 days, I dont believe we have seen the last of it just yet.

🔸Change: ⤴️ Bumping entry and first target up by two sats each.

$ADA

If I see a daily break below I’ll take a short.

https://www.tradingview.com/x/zDn8ggwh/

The above chart is a short-term forecasted trend, and the lows are inevitable unless the price breaks above $ 7,340 / 7550 after the $ 6,900 protection. The E.P or T.P set by the Seam basically targets the RBI that is likely to be the tail when forming the high point low point. Set E.P at a short-term but profit-loss position that maximizes profits. T.P also sets tails, but secures profits between $ 5 and $ 10. Although the number of trades is very low due to the lack of interest in coins, it is better to take the position of stability first in certain places in these days. Dividing the support resistance price ranges by intervals while fitting patterns or trend lines is nothing more than a waste because it lacks the ability to catch important price points. During this period, don't waste your time in a room and get a few months to rest, or try to keep an eye on the chart for later.

🎓 #MashedWarning - View Chart

🚨 Watch your Alts everyone, we are in business!

$LTC

Finally reached that range low.
Best RR for a long is here.

Personally I’m waiting for BTC to range and will look for signs of distribution.

If I see LTC ranging at this low at the same time I’ll be looking to long.


https://www.tradingview.com/x/0liFnW9K/

🎓 NewsMash | 12/05/2019 🎓
🔗 View PDF with links

🎓 Trade Update 🎓
🎓 #XVG/BTC - View Chart

🔸Status: XVG has started moving towards the first target. Watching progress closely, but the chart looks great over all.

🎓#TradeUpdate 🎓
🎓 $ZIL / BTC - View Chart

🔸Status: Zilliqa also appears to be through the worst of it, and the breakout is still on. There could indeed be some final resistance from the trending white line to the left. The position is up 13%💹

🔸Current Price: 0.00000077
Entry: 0.00000068
Take Profit: 0.00000085, 0.00000111
⤴️ Stop: 0.00000068 (0%)

$BTC

PA pretty choppy but looking to see if we get a manipulate a move down if we accumulate at daily.


https://www.tradingview.com/x/Uj1Fvr8i/