Important correlation between major coins
In this section, I'll be covering Bitcoin, Litecoin and NEO. Often word goes around town that LTC leads the market and BTC usually follows. To an extent, this has held water. For most part of 2019, Bitcoin is seen mirroring moves but what really excites me is the reduction of dependency. Post June 2019, we see a brief interval where NEO is seen to setup exact moves like BTC with an added advantage, these perform before bitcoin moves.
In the third and last bit of frames, we see that both coins have not performed the best yet hold water in the market analysis because of their unique features.
Litecoin has a splendid record in predicting the direction of the move ( UP, DOWN, Sideways)
NEO seems to pick the magnitude (depth of fall) more accurately.
A fine mix would be a terrifying weapon to add to our arsenal.
PS: I have turned these educational posts to mute ones so as to cut down the hunting. Do have a look if you find some time. 😄
https://www.tradingview.com/x/SUp0gTcJ/
In this section, I'll be covering Bitcoin, Litecoin and NEO. Often word goes around town that LTC leads the market and BTC usually follows. To an extent, this has held water. For most part of 2019, Bitcoin is seen mirroring moves but what really excites me is the reduction of dependency. Post June 2019, we see a brief interval where NEO is seen to setup exact moves like BTC with an added advantage, these perform before bitcoin moves.
In the third and last bit of frames, we see that both coins have not performed the best yet hold water in the market analysis because of their unique features.
Litecoin has a splendid record in predicting the direction of the move ( UP, DOWN, Sideways)
NEO seems to pick the magnitude (depth of fall) more accurately.
A fine mix would be a terrifying weapon to add to our arsenal.
PS: I have turned these educational posts to mute ones so as to cut down the hunting. Do have a look if you find some time. 😄
https://www.tradingview.com/x/SUp0gTcJ/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
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…
Analysis from One Point
https://www.tradingview.com/x/9xSIyt68/
Looking at the daily view, the price of bitcoin is now touching the gray region. This is however become the major resistance a head of bitcoin which coincide with the golden pocket zone and the 200 MA on daily.
And based on the EW count, there is a possibility of bitcoin to form the bearish rising wedge in the C wave as a potential of ending wave diagonal. I'm going to wait until the daily candle close.
https://www.tradingview.com/x/9xSIyt68/
Looking at the daily view, the price of bitcoin is now touching the gray region. This is however become the major resistance a head of bitcoin which coincide with the golden pocket zone and the 200 MA on daily.
And based on the EW count, there is a possibility of bitcoin to form the bearish rising wedge in the C wave as a potential of ending wave diagonal. I'm going to wait until the daily candle close.
Forwarded from Crypto TA Bot Results
What Is an EIP?
EIP stands for Ethereum Improvement Proposal. EIP is a project document describing a new function of the Ethereum’s ecosystem. An EIP should provide a short tech specification of a function and grounds for its acceptance. An EIP author is responsible for reaching a consensus inside the community and documenting special opinions.
Any member of the Ethereum community may submit an EIP. All proposals are stored in a separate repository on GitHub (there are currently over 1,000 of them). EIP-1, the first EIP, was suggested in 2015 by a group of Ethereum developers that included Hudson Jameson and Martin Becze.
For more : @CryptoTraderLibrary
EIP stands for Ethereum Improvement Proposal. EIP is a project document describing a new function of the Ethereum’s ecosystem. An EIP should provide a short tech specification of a function and grounds for its acceptance. An EIP author is responsible for reaching a consensus inside the community and documenting special opinions.
Any member of the Ethereum community may submit an EIP. All proposals are stored in a separate repository on GitHub (there are currently over 1,000 of them). EIP-1, the first EIP, was suggested in 2015 by a group of Ethereum developers that included Hudson Jameson and Martin Becze.
For more : @CryptoTraderLibrary
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Photo
There it is. Crashing hard like a meteorite. A much required correction. After a parabolic rise.
🎓#SpotTrade 🎓
🎓 $MTL / BTC - View Chart
🔸Signal Info: Metal
Rank: #168
Exchange: Binance (Trade)
Direction: LONG
🔸Status: Limit Entries Set
🔸Analysis: We had a go at MTL a little while ago but the symmetrical triangle broke down that time without getting us any profit on the trade. The chart has progressed into a flat bottom wedge on solid support. The line has been tapped once recently and the positive reaction inspires some fresh entries.
🔸Current Price: 2893sats
Entry: 2725sats, 2520sats
Take Profit: 3555sats, 4650sats, 5565sats
Stop Limit: 2285sats (-13%)
🎓 $MTL / BTC - View Chart
🔸Signal Info: Metal
Rank: #168
Exchange: Binance (Trade)
Direction: LONG
🔸Status: Limit Entries Set
🔸Analysis: We had a go at MTL a little while ago but the symmetrical triangle broke down that time without getting us any profit on the trade. The chart has progressed into a flat bottom wedge on solid support. The line has been tapped once recently and the positive reaction inspires some fresh entries.
🔸Current Price: 2893sats
Entry: 2725sats, 2520sats
Take Profit: 3555sats, 4650sats, 5565sats
Stop Limit: 2285sats (-13%)
$BTC / $USD
Price rejected but failing to take any liquidity. Currently bouncing of H12 breaker. Would expect a range to form around these levels especially with Monday’s session approaching.
https://www.tradingview.com/x/cHtBDFOT/
Price rejected but failing to take any liquidity. Currently bouncing of H12 breaker. Would expect a range to form around these levels especially with Monday’s session approaching.
https://www.tradingview.com/x/cHtBDFOT/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
🎓 Spot Trade 🎓 🎓 $GO / BTC - View Chart 🔸Signal Info: Go Chain Rank: #152 Exchange: Binance Direction: LONG 🔸Status: Limit orders set 🔸Analysis: Coming in at rank 152 we have Go Chain, and it looks like a stunning buy. The price is trading within the triple…
First target hit 20% secured
We could have nailed the entry lower but well, sweet profit it stays.
https://www.tradingview.com/x/LktbHELf/
We could have nailed the entry lower but well, sweet profit it stays.
https://www.tradingview.com/x/LktbHELf/
$TT / $BTC
ThuderCore is known to have a proven record on breakout entries. Piercing through the skies time and again. I think we have one knocking the door.
https://www.tradingview.com/x/ZRYYy3Jo/
ThuderCore is known to have a proven record on breakout entries. Piercing through the skies time and again. I think we have one knocking the door.
https://www.tradingview.com/x/ZRYYy3Jo/
Analysis (1D)
Blox has layed low since the majestic rise back in Mid 2019. After dumping and accumulation for over 69 days, we spot a reversal round the corner. A strong buy signal from both our trusted indicators result in my bias to enter at the market price. I'm expecting a sharp increase in price towards TP 1 followed by a rejection of the psychological 100 sats barrier and the 50 MA resistance to gather momentum for the run ahead.
Notes on chart.
https://www.tradingview.com/x/1XeO6IK4/
Blox has layed low since the majestic rise back in Mid 2019. After dumping and accumulation for over 69 days, we spot a reversal round the corner. A strong buy signal from both our trusted indicators result in my bias to enter at the market price. I'm expecting a sharp increase in price towards TP 1 followed by a rejection of the psychological 100 sats barrier and the 50 MA resistance to gather momentum for the run ahead.
Notes on chart.
https://www.tradingview.com/x/1XeO6IK4/
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Exclusive
Hashed Plutus Analysis:
21 EMA
Time to add a new weapons to our arsenal.
Hashed Plutus Analysis:
21 EMA
Time to add a new weapons to our arsenal.
🎓Market Update🎓
🎓 $XBT - USD
Greeting to all members of the Hashed Plutus community! I come to you with a light weight short term analysis on Bitcoin.
Traders are facing a tough dilemma right now. Within the last hour, the price has pierced the support at $8400 yet again, and the bulls have followed up with strong buying action. Printing bullish engulfing patterns on the 4h chart and lower.
First off, critical levels here are:
Support: $8570 - $8490
Resistance Local: $8740
Resistance HTF: $8970 - $9000
The HTF (Higher time frame) resistance is psychological, but it just happens to coincide with the trending channel that has held the price in check since June last year. The upper band of this channel still needs to be explored properly, and If the price makes it over this last hurdle, There is little in the way of resistance up until the 10k mark.
🎓 $XBT - USD
Greeting to all members of the Hashed Plutus community! I come to you with a light weight short term analysis on Bitcoin.
Traders are facing a tough dilemma right now. Within the last hour, the price has pierced the support at $8400 yet again, and the bulls have followed up with strong buying action. Printing bullish engulfing patterns on the 4h chart and lower.
First off, critical levels here are:
Support: $8570 - $8490
Resistance Local: $8740
Resistance HTF: $8970 - $9000
The HTF (Higher time frame) resistance is psychological, but it just happens to coincide with the trending channel that has held the price in check since June last year. The upper band of this channel still needs to be explored properly, and If the price makes it over this last hurdle, There is little in the way of resistance up until the 10k mark.
🎓Market Update🎓
🎓 $XBT - USD - View Chart
I had noticed the hourly candle, felt bullish at the sight of it. After a quick re-assessment of the time frame & indicator settings, bearish signals started popping up.
I changed my chart from a 1h to a 4h. shortened the 50MA to a 21MA. The look of the DMI immediately looked bearish on the time frame change. The 21MA sits above all the candles since the break south after the first 9k rejection. This means we have have two double resistance levels to overcome, verses a weakening support that keeps getting tapped.
All this goes without saying that we are in for some action. Markets respond abnormally when encountering these kinds of zones.
Moral of the story, don't over extend on your positions. Keep an eye on the dominance charts. This resistance might play out as a distribution of Bitcoin towards some Altcoins.
🎓 $XBT - USD - View Chart
I had noticed the hourly candle, felt bullish at the sight of it. After a quick re-assessment of the time frame & indicator settings, bearish signals started popping up.
I changed my chart from a 1h to a 4h. shortened the 50MA to a 21MA. The look of the DMI immediately looked bearish on the time frame change. The 21MA sits above all the candles since the break south after the first 9k rejection. This means we have have two double resistance levels to overcome, verses a weakening support that keeps getting tapped.
All this goes without saying that we are in for some action. Markets respond abnormally when encountering these kinds of zones.
Moral of the story, don't over extend on your positions. Keep an eye on the dominance charts. This resistance might play out as a distribution of Bitcoin towards some Altcoins.
🎓 Market Update🎓
🎓 $BTC.D - Dominance Ticker - View Chart
This chart is not like any other chart that goes up and down. It has a limit on the upside and the downside, and should be viewed more as an indicator. The movements here do indeed represent real price moments, but ultimately its a huge amount of information distilled into a digestible format.
The red block higher up on this dominance chart represent the zone of ultimate resistance seen most recently. AKA post 2017 when before, BTC held a shocking 95% dominance rating.
Readings can be extrapolated by comparing previous levels and prices on those specific dates. The green candles are Bitcoin and the red candles represent the entire Altcoin market cap. The higher the ranking of the Altcoin, the more influence it holds over those red candles.
Tonight analysis look place entirely on the 4h time frame and to be honest, I am shocked to see the dominance chart in such a state.
Using the new year 2020 as a reference - we see some fantastic gains on Bitcoin for the year to date. The dominance chart is grinding the bottom of the rough wedge I have drawn. Looks pretty bullish for Bitcoin if the line holds. The activity within this channel or wedge looks a bit thin overall, and I suspect this formation will remain in play for another cycle or two.
🎓 $BTC.D - Dominance Ticker - View Chart
This chart is not like any other chart that goes up and down. It has a limit on the upside and the downside, and should be viewed more as an indicator. The movements here do indeed represent real price moments, but ultimately its a huge amount of information distilled into a digestible format.
The red block higher up on this dominance chart represent the zone of ultimate resistance seen most recently. AKA post 2017 when before, BTC held a shocking 95% dominance rating.
Readings can be extrapolated by comparing previous levels and prices on those specific dates. The green candles are Bitcoin and the red candles represent the entire Altcoin market cap. The higher the ranking of the Altcoin, the more influence it holds over those red candles.
Tonight analysis look place entirely on the 4h time frame and to be honest, I am shocked to see the dominance chart in such a state.
Using the new year 2020 as a reference - we see some fantastic gains on Bitcoin for the year to date. The dominance chart is grinding the bottom of the rough wedge I have drawn. Looks pretty bullish for Bitcoin if the line holds. The activity within this channel or wedge looks a bit thin overall, and I suspect this formation will remain in play for another cycle or two.
We'll be filming a very interesting video today specifically for the scalpers. We agree that regular day trades for scalpers and Mex lovers haven't been frequent. To make up for the same and add another mastery, do stay tuned. 🤗
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$TT / $BTC ThuderCore is known to have a proven record on breakout entries. Piercing through the skies time and again. I think we have one knocking the door. https://www.tradingview.com/x/ZRYYy3Jo/
$TT / $BTC nails Target 1 with 30%
Sweet run up with volume coming in. I expect this to perform better and chop down all given target in a fram of 7 to 10 days if Bitcoin doesn't decide to take a dump.
Sliced right through our first resisitance and now finds itself some breath before climbing back up.
https://www.tradingview.com/x/vBBw0lJ0/
Sweet run up with volume coming in. I expect this to perform better and chop down all given target in a fram of 7 to 10 days if Bitcoin doesn't decide to take a dump.
Sliced right through our first resisitance and now finds itself some breath before climbing back up.
https://www.tradingview.com/x/vBBw0lJ0/
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Exclusive Hashed Plutus Education
Highly demanded by scalpers and leverage enthusiasts, grab your earphones and listen to each word clearly because you gotta put the money where the mouth is.
Today we will be reviewing the unimaginable feats you can achieve with the most popular tool.
Highly demanded by scalpers and leverage enthusiasts, grab your earphones and listen to each word clearly because you gotta put the money where the mouth is.
Today we will be reviewing the unimaginable feats you can achieve with the most popular tool.
🎓 Trade Update 🎓
🎓 $BAT / BTC - View Chart
🔸Signal Info: Basic Attention Token
Rank: #31
Exchange: Binance
Direction: LONG
🔸Status: Our entries have been filled on Basic Attention. Our stop was set just right, and we narrowly missed a stop trigger a few days ago. Price is still bound within the wedge formation that we see. The horizontal resistance at 2600sats is also playing a big role right now. Breaking through this level might provide enough fuel to get over the top of the wedge, and on towards our targets. Not a bad trade to enter if you have not bought in yet.
☑️Margin: x5
🔸Current Price: 2519sats
❇️Entry: 2545sats, 2470sats
🎯Targets: 2880sats, 3142sats, Open
♦️Exit: 2395sats (5x3%)
🎓 $BAT / BTC - View Chart
🔸Signal Info: Basic Attention Token
Rank: #31
Exchange: Binance
Direction: LONG
🔸Status: Our entries have been filled on Basic Attention. Our stop was set just right, and we narrowly missed a stop trigger a few days ago. Price is still bound within the wedge formation that we see. The horizontal resistance at 2600sats is also playing a big role right now. Breaking through this level might provide enough fuel to get over the top of the wedge, and on towards our targets. Not a bad trade to enter if you have not bought in yet.
☑️Margin: x5
🔸Current Price: 2519sats
❇️Entry: 2545sats, 2470sats
🎯Targets: 2880sats, 3142sats, Open
♦️Exit: 2395sats (5x3%)
🎓 Trade Update 🎓
🎓 $ONT / BTC - View Chart
🔸Signal Info: Ontology
Rank: #27
Exchange: Binance
Direction: LONG
Margin: x5
🔸Status: Ontology has slowly been edging its way out of our entry zone. The 21MA on the daily is following up with support for the price, and things are looking bullish. Horizontal resistance here might send us off on a longer micro formation build up, but it doesn't look very likely considering the rather high higher high.
With that said, it would be wise place to take short term profit. Adjusting stop to aggressively at that point could mean a pre mature exit.
🔸Current Price: 756sats
❇️Entry: 755sats
🎯Targets: 978sats, 1150sats, 1530sats
♦️Exit: 695sats (8x5%)
🎓 $ONT / BTC - View Chart
🔸Signal Info: Ontology
Rank: #27
Exchange: Binance
Direction: LONG
Margin: x5
🔸Status: Ontology has slowly been edging its way out of our entry zone. The 21MA on the daily is following up with support for the price, and things are looking bullish. Horizontal resistance here might send us off on a longer micro formation build up, but it doesn't look very likely considering the rather high higher high.
With that said, it would be wise place to take short term profit. Adjusting stop to aggressively at that point could mean a pre mature exit.
🔸Current Price: 756sats
❇️Entry: 755sats
🎯Targets: 978sats, 1150sats, 1530sats
♦️Exit: 695sats (8x5%)