Tomorrow (January 13), Bitcoin options should launch on the Chicago Mercantile Exchange. The community is keenly committed to the fact that at the time of their launch the price will be artificially pushed down to make more profitable purchases, but globally this institutional tool for trading should have a positive effect on the market, at least institutional institutions have a need for such tools.
Option - the right to buy or sell an asset at an agreed price, before an agreed date.
Option - the right to buy or sell an asset at an agreed price, before an agreed date.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Exchange: BitMex / Bybit Coin: XBT/USD Position: SHORT Entry at 8135 - 8180 Sell at 8068 - 7985 - 7911 - 7884 Remember to open SHORT position! Use 5x or cross leverage (2 - 5% balance) Stop Loss : Above 8304
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$NEO / $USD Analysis
This did take quite some time and I must say, feels great to be back. NEO is one of those coins that never leave the radar because of their solid backing. 2020 seems to be a solid year fo Chinese projects.
The blue cup indicates a "Rounding Bottom", The strategy here is simple,
sharp decline => bottom => sharp incline
This seems to fit in perfectly with the price action from the 100 and 200 EMA. A strong support on the lower end. The Green box indicates the sweets spot, which would be a perfect entry but I would say, start buying here.
Rest of the notes are on the chart.
https://www.tradingview.com/x/8DvFdZRf/
This did take quite some time and I must say, feels great to be back. NEO is one of those coins that never leave the radar because of their solid backing. 2020 seems to be a solid year fo Chinese projects.
The blue cup indicates a "Rounding Bottom", The strategy here is simple,
sharp decline => bottom => sharp incline
This seems to fit in perfectly with the price action from the 100 and 200 EMA. A strong support on the lower end. The Green box indicates the sweets spot, which would be a perfect entry but I would say, start buying here.
Rest of the notes are on the chart.
https://www.tradingview.com/x/8DvFdZRf/
π Market Update π
Greetings fellow friends and traders. We have set off and we are well into the new year now. For myself, I am only now really getting a feel for 2020, and my passion for trading blockchain assets are returning by the day!
It has been a while since I have had a look at my XBT chart, and the simple trending channel from the 2019 high is still in play. The conditions in the market right now have become hugely profitable within the last two weeks.
After being range bound for close on 6 - 8 months, I don't think the upper levels of the channel will offer up much resistance. RSI on the chart will be exploring overbought conditions shortly, and I expect the 10k mark to be touched within the next few weeks.
One more thing that flares my excitement is the extraordinary performance of some of the top 50 coins. We are talking Dash, Zcash, Bitcoin SV, Bitcoin Cash, And even Ethereum Classic with some excellent news for assisting Ethereum with the scaling issues.
Greetings fellow friends and traders. We have set off and we are well into the new year now. For myself, I am only now really getting a feel for 2020, and my passion for trading blockchain assets are returning by the day!
It has been a while since I have had a look at my XBT chart, and the simple trending channel from the 2019 high is still in play. The conditions in the market right now have become hugely profitable within the last two weeks.
After being range bound for close on 6 - 8 months, I don't think the upper levels of the channel will offer up much resistance. RSI on the chart will be exploring overbought conditions shortly, and I expect the 10k mark to be touched within the next few weeks.
One more thing that flares my excitement is the extraordinary performance of some of the top 50 coins. We are talking Dash, Zcash, Bitcoin SV, Bitcoin Cash, And even Ethereum Classic with some excellent news for assisting Ethereum with the scaling issues.
π Market Update - View Chart
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
π Trade Update π π $ETC/BTC - View Chart πΈ Status: ETC has started coming back to live, cashing in our targets slowly but surely. Its rare to find a winning trade in this market and ETC has come through for us this dry market. πΈ Current Price: 0.0006321β¦
π Trade Update π
π $ETC/BTC - View Chart
πΈ Status: This call on ETC was made early December, and today, embracingly so, the targets I've set were absolutely shattered. A 3rd lofty target would have done well for us here, as per my usual trading strategy on most Altcoin.
Truth be told, Ethereum classic has been a very boring trade for over a year now, and the reason for the two target strategy here was just so our money wasn't locked up for two long.
Either way, margin trade on this setup would have netted well over 100% profit.
πΈ Current Price: 0.0006321
Entry: 0.0005355
π―Take Profit: 0.0006150, 0.0007145
π Trade Closed, both targets achieved.
π $ETC/BTC - View Chart
πΈ Status: This call on ETC was made early December, and today, embracingly so, the targets I've set were absolutely shattered. A 3rd lofty target would have done well for us here, as per my usual trading strategy on most Altcoin.
Truth be told, Ethereum classic has been a very boring trade for over a year now, and the reason for the two target strategy here was just so our money wasn't locked up for two long.
Either way, margin trade on this setup would have netted well over 100% profit.
πΈ Current Price: 0.0006321
Entry: 0.0005355
π―Take Profit: 0.0006150, 0.0007145
π Trade Closed, both targets achieved.
Let's take a comprehensive look at the top 20 coins. We have change over 24h, 7D, 1m, 1y. Also, check the liquidity on the books. Check out the Liquidity ratio on BSV and curiously, ONT ratio is right on its heels. Bitcoin Cash's book is also looking thin after its performance this past week.
Thank you cryptowat.ch !
Thank you cryptowat.ch !
π Spot Trade π
π $ONT / BTC - View Chart
πΈSignal Info: Ontology
Rank: #27
Exchange: Binance
Direction: LONG
Margin: x5
πΈStatus: Market Buy or bellow.
πΈAnalysis: This asset doesn't only look good on paper. The chart looks fantastic doesn't it?
We have a local little breakout currently trapped beneath the yellow gold 50MA. The breakout is the technical signal ,but we have a candle stick confirmation with a morning star formation on the daily chart.
The indicators are also giving subtle signals with the blue DM+ line has managed to get one over on the DM- line. Pink AXD line appears to be rounding for a swing.
RSI signal has simply bounced off the oversold level making a higher high on the indicator.
πΈCurrent Price: 756sats
βοΈEntry: 755sats
π―Targets: 978sats, 1150sats, 1530sats
β¦οΈExit: 695sats (8x5%)
β¦οΈHigh Risk for margin traders - Laddering entries are essential, and be sure to monitor position closely.
π $ONT / BTC - View Chart
πΈSignal Info: Ontology
Rank: #27
Exchange: Binance
Direction: LONG
Margin: x5
πΈStatus: Market Buy or bellow.
πΈAnalysis: This asset doesn't only look good on paper. The chart looks fantastic doesn't it?
We have a local little breakout currently trapped beneath the yellow gold 50MA. The breakout is the technical signal ,but we have a candle stick confirmation with a morning star formation on the daily chart.
The indicators are also giving subtle signals with the blue DM+ line has managed to get one over on the DM- line. Pink AXD line appears to be rounding for a swing.
RSI signal has simply bounced off the oversold level making a higher high on the indicator.
πΈCurrent Price: 756sats
βοΈEntry: 755sats
π―Targets: 978sats, 1150sats, 1530sats
β¦οΈExit: 695sats (8x5%)
β¦οΈHigh Risk for margin traders - Laddering entries are essential, and be sure to monitor position closely.
$ETH
Price tipped the very top of the price inefficiency with a H12 breaker as confluence.
https://www.tradingview.com/x/TKnJsI53/
Price tipped the very top of the price inefficiency with a H12 breaker as confluence.
https://www.tradingview.com/x/TKnJsI53/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$NEO / $USD Analysis This did take quite some time and I must say, feels great to be back. NEO is one of those coins that never leave the radar because of their solid backing. 2020 seems to be a solid year fo Chinese projects. The blue cup indicates a "Roundingβ¦
$ADA / $BTC
Things don't look so great for Cardano. I'm rooting for further price decline.
Notes on chart
https://www.tradingview.com/x/vctsYXUd/
Things don't look so great for Cardano. I'm rooting for further price decline.
Notes on chart
https://www.tradingview.com/x/vctsYXUd/
π Spot Trade π
π $GO / BTC - View Chart
πΈSignal Info: Go Chain
Rank: #152
Exchange: Binance
Direction: LONG
πΈStatus: Limit orders set
πΈAnalysis: Coming in at rank 152 we have Go Chain, and it looks like a stunning buy. The price is trading within the triple EMA lines. 200EMA in purple is holding solid support. The 50 makes its way over the quicker 18EMA. The TSI indicator is an all-time favourite and stunning signals like this these are what it is all about!
πΈCurrent Price: 231sats
βοΈEntry bellow: 219sats
π $GO / BTC - View Chart
πΈSignal Info: Go Chain
Rank: #152
Exchange: Binance
Direction: LONG
πΈStatus: Limit orders set
πΈAnalysis: Coming in at rank 152 we have Go Chain, and it looks like a stunning buy. The price is trading within the triple EMA lines. 200EMA in purple is holding solid support. The 50 makes its way over the quicker 18EMA. The TSI indicator is an all-time favourite and stunning signals like this these are what it is all about!
πΈCurrent Price: 231sats
βοΈEntry bellow: 219sats
Elliot wave analysis from One Point
https://www.tradingview.com/x/fjcqHRA0/
Elliot wave rules and guideline
Hello all, here is the elliot wave perspective of bitcoin in lower time frame. We can see that the price has trended between my previously anticipated range at yellow region.
And this fact is having alignment with the elliot wave count that I've presented here. Showing you the important of elliot wave rules and guide line, the wave 2 ended up at around 0.5 fib retracement region. That's why the wave 4 won't retrace any futher than the area of 0.5 fib retracement.
Looking to enter long at around $8411 region as the strong support.
https://www.tradingview.com/x/fjcqHRA0/
Elliot wave rules and guideline
Hello all, here is the elliot wave perspective of bitcoin in lower time frame. We can see that the price has trended between my previously anticipated range at yellow region.
And this fact is having alignment with the elliot wave count that I've presented here. Showing you the important of elliot wave rules and guide line, the wave 2 ended up at around 0.5 fib retracement region. That's why the wave 4 won't retrace any futher than the area of 0.5 fib retracement.
Looking to enter long at around $8411 region as the strong support.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Exchange: BitMex / Bybit Coin: XBT/USD Entry at 8950 - 9040 Sell at 8895 - 8805 - 8731 - 8699 Remember to open SHORT position! Use 5x or cross leverage (5 - 7% balance) Stop Loss : over 9143
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