🎓#TradeUpdate 🎓
🎓 $ONT / BTC - View Chart
🔸Signal Info: Ontology
Rank: #27
Exchange: Binance
Direction: LONG
🚩 Margin: x5
🔸Status: Ontology has performed well for us so far. It has been grappling with the resistance level set out by the previous wave down, but it has beaten the high from that zone just to the left on the chart.
That resistance could well have been flipped by now. Bitcoin fell off a fair deal over night and I'm seeing that many Altcoins are testing and establishing support for the next moves. It appears that ONT has held and rebounded, but Its about time we tighten the stop and reduce the risk to profitable number. Raising the stop trigger to just bellow the local action.
❇️Position is up 75% (+15% x5 🚩)
🔸Current Price: 8710sats
❇️Entry: 7550sats
🎯Targets: 9780sats, 11500sats, 15300sats
⤴️Exit: In profit - 8090sats
🎓 $ONT / BTC - View Chart
🔸Signal Info: Ontology
Rank: #27
Exchange: Binance
Direction: LONG
🚩 Margin: x5
🔸Status: Ontology has performed well for us so far. It has been grappling with the resistance level set out by the previous wave down, but it has beaten the high from that zone just to the left on the chart.
That resistance could well have been flipped by now. Bitcoin fell off a fair deal over night and I'm seeing that many Altcoins are testing and establishing support for the next moves. It appears that ONT has held and rebounded, but Its about time we tighten the stop and reduce the risk to profitable number. Raising the stop trigger to just bellow the local action.
❇️Position is up 75% (+15% x5 🚩)
🔸Current Price: 8710sats
❇️Entry: 7550sats
🎯Targets: 9780sats, 11500sats, 15300sats
⤴️Exit: In profit - 8090sats
🎓#TradeUpdate 🎓
🎓 $SNM / BTC - View Chart
🔸Signal Info: SONM
Rank: #484
Exchange: Binance (Trade)
Direction: LONG
🔸Status: Sonm has been a rather boring trade, but Its has held its levels. Allot like the ONT trade, breakout was effective, and price has been nudging the resistance set out in the broken wedge to the left.
The price has overcome this resistance for the most part, and that means we might have support for another leg up. Hoping for a target of +22% which is just up ahead. We about half way there sitting at about 10% right now.
🔸Current Price: 144sats
❇️Entry: 132sats (Average Entry)
🎯Take Profit: 160sats, 190sats, 238sats
⤴️Stop Limit: 135sats (+3%)
🎓 $SNM / BTC - View Chart
🔸Signal Info: SONM
Rank: #484
Exchange: Binance (Trade)
Direction: LONG
🔸Status: Sonm has been a rather boring trade, but Its has held its levels. Allot like the ONT trade, breakout was effective, and price has been nudging the resistance set out in the broken wedge to the left.
The price has overcome this resistance for the most part, and that means we might have support for another leg up. Hoping for a target of +22% which is just up ahead. We about half way there sitting at about 10% right now.
🔸Current Price: 144sats
❇️Entry: 132sats (Average Entry)
🎯Take Profit: 160sats, 190sats, 238sats
⤴️Stop Limit: 135sats (+3%)
🎓#TradeUpdate 🎓
🎓 $XMR / BTC - View Chart
🔸Signal Info: Monero
Rank: #14
Exchange: Binance (Trade)
Direction: LONG
🔸Status: This setup on Monero was set out as a breakout trade, so the profitability has been a bit low compared to some of our trades. With that said, the asset if coming off of a major low.
The 4h time frame here doesn't quite bring this through so well. What we are looking as here is indeed a solid double bottom formation very visible on a weekly time frame. Many signals on the larger times frames say that this undervalued giant will just explode any day now.
🔸Current Price: 0.008077
❇️Entry: 0.007650
🎯Take Profit: 0.0092, 0.01085, Open
⤴️Stop Limit: Breakeven 0.007650 (0%)
🎓 $XMR / BTC - View Chart
🔸Signal Info: Monero
Rank: #14
Exchange: Binance (Trade)
Direction: LONG
🔸Status: This setup on Monero was set out as a breakout trade, so the profitability has been a bit low compared to some of our trades. With that said, the asset if coming off of a major low.
The 4h time frame here doesn't quite bring this through so well. What we are looking as here is indeed a solid double bottom formation very visible on a weekly time frame. Many signals on the larger times frames say that this undervalued giant will just explode any day now.
🔸Current Price: 0.008077
❇️Entry: 0.007650
🎯Take Profit: 0.0092, 0.01085, Open
⤴️Stop Limit: Breakeven 0.007650 (0%)
🎓#TradeUpdate 🎓
🎓 $BTG / BTC - View Chart
🔸Status: Bitcoin gold has seen slightly increased volume right after our call. Still low, but price made a high of 15%. The failure to sustain the breakout caused the wedge formation fractal to keep playing out. There is a new trendline to break.
Either way, the price action on Bitcoin gold looks stunning, its still good for an entry if you haven't gotten in yet. The same entry seems like it could be triggered again before the run.
🔸Current Price: 0.001222 (+3%)
❇️Entry: 0.001185 (Breakout)
🎯Take Profit: 0.001410, 0.001770, Open
♦️Stop Limit: 0.001095 (-7.5%)
🎓 $BTG / BTC - View Chart
🔸Status: Bitcoin gold has seen slightly increased volume right after our call. Still low, but price made a high of 15%. The failure to sustain the breakout caused the wedge formation fractal to keep playing out. There is a new trendline to break.
Either way, the price action on Bitcoin gold looks stunning, its still good for an entry if you haven't gotten in yet. The same entry seems like it could be triggered again before the run.
🔸Current Price: 0.001222 (+3%)
❇️Entry: 0.001185 (Breakout)
🎯Take Profit: 0.001410, 0.001770, Open
♦️Stop Limit: 0.001095 (-7.5%)
🎓#TradeUpdate 🎓
🎓 $ZRX / BTC - View Chart
🔸Signal Info: 0x
Rank: #41
Exchange: Binance (Trade)
Direction: LONG
🔸Status: Missed the entry on this beauty 🌝
🔸Current Price: 2869sats (+13%)
❇️Entry: 2540sats
🎯Take Profit: 3477sats, 4245sats, Open
♦️Stop Limit: 2436sats (-4%)
📊Re-entry level: 2313sats
🎓 $ZRX / BTC - View Chart
🔸Signal Info: 0x
Rank: #41
Exchange: Binance (Trade)
Direction: LONG
🔸Status: Missed the entry on this beauty 🌝
🔸Current Price: 2869sats (+13%)
❇️Entry: 2540sats
🎯Take Profit: 3477sats, 4245sats, Open
♦️Stop Limit: 2436sats (-4%)
📊Re-entry level: 2313sats
🎓#TradeUpdate 🎓
🎓 $DATA / BTC - View Chart
🔸Status: We managed to snatch a smashing entry on the DATA coin. I've reworked the chart a little, the pitchfork channel channel looked allot more viable than all the micro wedge formations.
I drew it up and indeed, the price action has been respecting the falling support and resistance since early December last year! Price is currently working its way though resistance, and we are up almost 15% on the trade. A late entry here looks pretty viable. A trade off the channel midline should be profitable.
🔸Current Price: 172sats (+14.3%)
❇️Entry: 150sats
🎯Take Profit: 234sats, 331sats, 399sats
♦️Stop Limit: Breakeven 150sats (0%)
🎓 $DATA / BTC - View Chart
🔸Status: We managed to snatch a smashing entry on the DATA coin. I've reworked the chart a little, the pitchfork channel channel looked allot more viable than all the micro wedge formations.
I drew it up and indeed, the price action has been respecting the falling support and resistance since early December last year! Price is currently working its way though resistance, and we are up almost 15% on the trade. A late entry here looks pretty viable. A trade off the channel midline should be profitable.
🔸Current Price: 172sats (+14.3%)
❇️Entry: 150sats
🎯Take Profit: 234sats, 331sats, 399sats
♦️Stop Limit: Breakeven 150sats (0%)
🎓 #TradeUpdate 🎓
🎓 $EOS / BTC - View Chart
🔸Status: Looks like we have a nice breakout on EOS taking place as we speak. This is a new 212day high, how lovely!
The price has deviated from the double trendline I drew at first. One to the candle close trend, one to the visual trending line. That's no bought rather bullish, and slow trending build ups like there can often blow up into much bigger moves.
The little bock that formed just above the horizontal white line also just looks so stunning. This is a smashing technical chart.
🎯 Targets coming up: 0.0005498 (+32%)
🔸Current Price: 0.0004841 (+16%)
❇️Entry: 0.0004163
🎓 $EOS / BTC - View Chart
🔸Status: Looks like we have a nice breakout on EOS taking place as we speak. This is a new 212day high, how lovely!
The price has deviated from the double trendline I drew at first. One to the candle close trend, one to the visual trending line. That's no bought rather bullish, and slow trending build ups like there can often blow up into much bigger moves.
The little bock that formed just above the horizontal white line also just looks so stunning. This is a smashing technical chart.
🎯 Targets coming up: 0.0005498 (+32%)
🔸Current Price: 0.0004841 (+16%)
❇️Entry: 0.0004163
🎓#TradeUpdate 🎓
🎓 $RLC / BTC - View Chart
🔸Status: I'm so pleased with myself for calling out this patter almost two months ago and it still stays true to form until today. It's even beating the curve!
It's great to be right, and over time, it builds the confidence you need to be able to handle increasing amounts of capital with reduced levels of stress. That balance for me is what it means to be a great and successful trader.
🔸Current Price: 7642sats (+33%)
❇️Entry: 5680sats, 5110sats
🎯Take Profit: 7030sats, 8520sats, 10160sats
⤴️Stop Limit: Target 1 - 7030sats (+23%)
🎓 $RLC / BTC - View Chart
🔸Status: I'm so pleased with myself for calling out this patter almost two months ago and it still stays true to form until today. It's even beating the curve!
It's great to be right, and over time, it builds the confidence you need to be able to handle increasing amounts of capital with reduced levels of stress. That balance for me is what it means to be a great and successful trader.
🔸Current Price: 7642sats (+33%)
❇️Entry: 5680sats, 5110sats
🎯Take Profit: 7030sats, 8520sats, 10160sats
⤴️Stop Limit: Target 1 - 7030sats (+23%)
🎓#TradeUpdate 🎓
🎓 $MTL / BTC - View Chart
🔸Signal Info: Metal
Rank: #166
Exchange: Binance (Trade)
Direction: LONG
🔸Status: Great trade on Metal. The position was closed off at +32% profit which is nice. The right way to handle this move though, would have been to dump the rest of the stack after it made +60% and we were looking at it.
These types of moves can be very profitable, but its the work of an active trader. Pretty much all setups set out a standard risk reward ratio, so and so percentage profits and maybe so much loss. The reality however, is that there is always a whole lot more profit in the price action on the chart.
Every spike can be sold, and aggressive rebuys can multiply the profits between targets tenfold. I have always considered this as something we could only offer as part of a premium service, so for now, we take it slow and we seek a re entry on this trade a bit lower down.
🎯+32% profit at the close!
🔸Current Price: 3345sats
❇️Re - Entry: 3092sats (Limit orders set)
🎯Take Profit: 3894sats (Bumped), 4650sats, 5565sats
🎓 $MTL / BTC - View Chart
🔸Signal Info: Metal
Rank: #166
Exchange: Binance (Trade)
Direction: LONG
🔸Status: Great trade on Metal. The position was closed off at +32% profit which is nice. The right way to handle this move though, would have been to dump the rest of the stack after it made +60% and we were looking at it.
These types of moves can be very profitable, but its the work of an active trader. Pretty much all setups set out a standard risk reward ratio, so and so percentage profits and maybe so much loss. The reality however, is that there is always a whole lot more profit in the price action on the chart.
Every spike can be sold, and aggressive rebuys can multiply the profits between targets tenfold. I have always considered this as something we could only offer as part of a premium service, so for now, we take it slow and we seek a re entry on this trade a bit lower down.
🎯+32% profit at the close!
🔸Current Price: 3345sats
❇️Re - Entry: 3092sats (Limit orders set)
🎯Take Profit: 3894sats (Bumped), 4650sats, 5565sats
🎓#MarketUpdate 🎓
🎓 $WRX / BTC - View Chart
💹 WazirX went on to make an astounding +150% high after we gave notice. We did not call for an officially entry, but I was not about to call a hail marry on fresh chart before bed.
Again, with a more active and life approach to trading these events can be hugely profitable. In hindsight, a little fundamental analysis on the general market overview might have inspired the confidence to call an entry and a stop on this trade. We are clearly hyping in some sort of alt season here, and when better to launch a nice new coin for traders to have a go at!
🔸Exchange: Binance (Trade)
🎓 $WRX / BTC - View Chart
💹 WazirX went on to make an astounding +150% high after we gave notice. We did not call for an officially entry, but I was not about to call a hail marry on fresh chart before bed.
Again, with a more active and life approach to trading these events can be hugely profitable. In hindsight, a little fundamental analysis on the general market overview might have inspired the confidence to call an entry and a stop on this trade. We are clearly hyping in some sort of alt season here, and when better to launch a nice new coin for traders to have a go at!
🔸Exchange: Binance (Trade)
$MATIC / $BTC
Started charting this before bitcoin broke out and surprisingly it holds good even today. I see a homerun or strike and out move here. If it bounces off from this level, we can see a parabolic move, else the coin is fucked.
🔸Current Price: 220sats
❇️Entry: 220sats, 203sats, 194sats
🎯Take Profit: 243sats, 292sats, 317sats
⤴️Stop Limit: 9%
💰Risk reward : 3.75
https://www.tradingview.com/x/fjEkLfjS/
Started charting this before bitcoin broke out and surprisingly it holds good even today. I see a homerun or strike and out move here. If it bounces off from this level, we can see a parabolic move, else the coin is fucked.
🔸Current Price: 220sats
❇️Entry: 220sats, 203sats, 194sats
🎯Take Profit: 243sats, 292sats, 317sats
⤴️Stop Limit: 9%
💰Risk reward : 3.75
https://www.tradingview.com/x/fjEkLfjS/
Side note : Justin Sun literally wants us to buy his shitcoin.
https://twitter.com/petermccormack/status/1226358690678288384
https://twitter.com/petermccormack/status/1226358690678288384
Twitter
Peter McCormack ☠️
My exclusive interview with @justinsuntron is now available. Hot tip for a Pulitzer.
https://www.tradingview.com/x/WxTAJfyC/
Continuing the previous bias on bitcoin
Just like what you've seen yesterday and what I've already anticipated, 1 more spike to the upside has already formed and on the 4 hours chart we've seen a hanging man candle giving a sign of the bulls are getting exhausted.
Beside that, the MACD histogram still printing lower high. For the RSI, nothing has changed from the previous bias with a potential bearish divergence.
Although the price has sustained above the $10000 region in the last 12 hours, I still have a lot of concern with the liquidation zone (green). There will be a huge volatility occurs in this area.
Yellow line is still becoming the key support trend line to enter short position. For now, waiting patiently for the break down of the yellow support trend line.
Continuing the previous bias on bitcoin
Just like what you've seen yesterday and what I've already anticipated, 1 more spike to the upside has already formed and on the 4 hours chart we've seen a hanging man candle giving a sign of the bulls are getting exhausted.
Beside that, the MACD histogram still printing lower high. For the RSI, nothing has changed from the previous bias with a potential bearish divergence.
Although the price has sustained above the $10000 region in the last 12 hours, I still have a lot of concern with the liquidation zone (green). There will be a huge volatility occurs in this area.
Yellow line is still becoming the key support trend line to enter short position. For now, waiting patiently for the break down of the yellow support trend line.
https://www.tradingview.com/x/NkITBlIS/
We have seen a breaking down action of bitcoin. So, what does it mean? (refering to my last update.)
We have seen a breaking down action of bitcoin. So, what does it mean? (refering to my last update.)
https://www.tradingview.com/x/TuBfIw3v/
Ethereum : Major resistance and liquidation zone
Hello all, this will be a quick update analysis about Ethereum. Let's get it started!
Red zone is the liquidation zone
White zone is the resistance area
The price however is in its decent parabolic bull run since December 2019. And since the parabolic bull run, we haven't seen any significant corrective pattern. This time could be different for ethereum. The reason why I believe there will be a significant correction is based on these 3 factors :
1. Although the price has already broken out of the white resistance trend line, it's now testing the liquidation zone as it has a confluence with the white trend line and the .382 fibs level as a major resistance. White trend line is the previous broken support that is now become resistance as well.
2. The MACD histogram has a potential of ticking down on daily time frame. This will indicate that the bulls is losing strength
3. Looking at the green zone, it's beautifully aligning with the yellow line which is the previous broken resistance that is now become support. Since the price has broken out of this yellow line as resistance, we haven't seen any retest toward this line as a support to confirm the phase 2 of my break out strategy.
We might see a correction in the upcoming days. The additional reasons why I believe that there is now a shifting period from bulls to bears is that bitcoin potentially will have its major correction to the do
Ethereum : Major resistance and liquidation zone
Hello all, this will be a quick update analysis about Ethereum. Let's get it started!
Red zone is the liquidation zone
White zone is the resistance area
The price however is in its decent parabolic bull run since December 2019. And since the parabolic bull run, we haven't seen any significant corrective pattern. This time could be different for ethereum. The reason why I believe there will be a significant correction is based on these 3 factors :
1. Although the price has already broken out of the white resistance trend line, it's now testing the liquidation zone as it has a confluence with the white trend line and the .382 fibs level as a major resistance. White trend line is the previous broken support that is now become resistance as well.
2. The MACD histogram has a potential of ticking down on daily time frame. This will indicate that the bulls is losing strength
3. Looking at the green zone, it's beautifully aligning with the yellow line which is the previous broken resistance that is now become support. Since the price has broken out of this yellow line as resistance, we haven't seen any retest toward this line as a support to confirm the phase 2 of my break out strategy.
We might see a correction in the upcoming days. The additional reasons why I believe that there is now a shifting period from bulls to bears is that bitcoin potentially will have its major correction to the do
🎓#TradeUpdate 🎓
🎓 $ONT / BTC - View Chart
🔸Signal Info: Ontology
Rank: #26
Exchange: Binance
Direction: LONG
🚩 Margin: x5
🔸Status: Massive first target achieved on Ontology, absolutely smashing!
🎯T1 closed for +147% (+29.4% x5 🚩)
🔸Current Price: 8710sats
❇️Entry: 7550sats
🎯Targets: 9780sats, 11500sats, 15300sats
⤴️Exit: In profit - 8880sats (Adjusted)
🎓 $ONT / BTC - View Chart
🔸Signal Info: Ontology
Rank: #26
Exchange: Binance
Direction: LONG
🚩 Margin: x5
🔸Status: Massive first target achieved on Ontology, absolutely smashing!
🎯T1 closed for +147% (+29.4% x5 🚩)
🔸Current Price: 8710sats
❇️Entry: 7550sats
🎯Targets: 9780sats, 11500sats, 15300sats
⤴️Exit: In profit - 8880sats (Adjusted)
Forwarded from RJ
Bearish engulfing formation on BTC daily; A rare but powerful pattern on high timeframes
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
🎓#TradeUpdate 🎓 🎓 $MTL / BTC - View Chart 🔸Signal Info: Metal Rank: #166 Exchange: Binance (Trade) Direction: LONG 🔸Status: Great trade on Metal. The position was closed off at +32% profit which is nice. The right way to handle this move though, would have…
🎓#TradeUpdate 🎓
🎓 $MTL / BTC - View Chart
🔸Signal Info: Metal
Rank: #158
Exchange: Binance (Trade)
Direction: LONG
🔸Status: Smashing re-entry on Metal! We just keep winning at Hashed Plutus. We caught the trend flip and we got our position filled exactly 6 pips from the low wick, just hours after the trade update posted on Saturday.
⤴️ Going for an aggressive stop on this trade, considering the strength Bitcoin is showing right now, the fact that we are in the money after a good bounce, and lastly, the indicators, even on this rather low timeframe look like they could do a little more cooling off.
🔸Current Price: 3503sats (+14% )
❇️Re - Entry: 3092sats (Filled 6sats from the low)
🎯Take Profit: 3894sats, 4650sats, 5565sats
⤴️Aggressive stop: 3249sats (+5%)
🎓 $MTL / BTC - View Chart
🔸Signal Info: Metal
Rank: #158
Exchange: Binance (Trade)
Direction: LONG
🔸Status: Smashing re-entry on Metal! We just keep winning at Hashed Plutus. We caught the trend flip and we got our position filled exactly 6 pips from the low wick, just hours after the trade update posted on Saturday.
⤴️ Going for an aggressive stop on this trade, considering the strength Bitcoin is showing right now, the fact that we are in the money after a good bounce, and lastly, the indicators, even on this rather low timeframe look like they could do a little more cooling off.
🔸Current Price: 3503sats (+14% )
❇️Re - Entry: 3092sats (Filled 6sats from the low)
🎯Take Profit: 3894sats, 4650sats, 5565sats
⤴️Aggressive stop: 3249sats (+5%)
🎓 #TradeUpdate 🎓
🎓 $EOS / BTC - View Chart
🔸Status: More of the same from EOS, the asset just wants nothing to do with the moving average. Looking pretty parabolic from where I am standing, what would you say? Just under 10% to go before we start closing for profits.
🎯 Targets coming up: 0.0005498 (+32%)
🔸Current Price: 0.0004841 (+23%)
❇️Entry: 0.0004163
🎓 $EOS / BTC - View Chart
🔸Status: More of the same from EOS, the asset just wants nothing to do with the moving average. Looking pretty parabolic from where I am standing, what would you say? Just under 10% to go before we start closing for profits.
🎯 Targets coming up: 0.0005498 (+32%)
🔸Current Price: 0.0004841 (+23%)
❇️Entry: 0.0004163
🎓#TradeUpdate 🎓
🎓 $RLC / BTC - View Chart
🔸Status: Looks like RLC is heading for a flat wedge formation, breaking from this almost complete cup with handle. Indeed it is to early to say. There hasn't been much of a test on the white since our entry, but the DMI indicator is looking especially gloomy to me.
Our position is up, and I'd hate to let those profits slip away. We should all me making fair bit of USD holding BTC now either way.
🎯 Take Profit - exit at market: +25%
🎓 $RLC / BTC - View Chart
🔸Status: Looks like RLC is heading for a flat wedge formation, breaking from this almost complete cup with handle. Indeed it is to early to say. There hasn't been much of a test on the white since our entry, but the DMI indicator is looking especially gloomy to me.
Our position is up, and I'd hate to let those profits slip away. We should all me making fair bit of USD holding BTC now either way.
🎯 Take Profit - exit at market: +25%