Side note : Justin Sun literally wants us to buy his shitcoin.

https://twitter.com/petermccormack/status/1226358690678288384

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.

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.)

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

🎓#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)

Bearish engulfing formation on BTC daily; A rare but powerful pattern on high timeframes

🎓#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%)

🎓 #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

🎓#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%

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

🎯 Status: Target 1 (+19%) achieved on Bitcoin Gold just two hours after trade update on Saturday. Lets set this up for the long run, keeping stop well clear of the price action and set it at break even level.

🔸Current Price: 0.001222 (+12%)
❇️Entry: 0.001185 (Breakout)
🎯Take Profit: 0.001410, 0.001770, Open
⤴️Stop Limit: 0.001185 (Breakeven)

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

🔸Signal Info: SONM
Rank: #469
Exchange: Binance (Trade)
Direction: LONG

🔸Status: Damn, we fell just two sats short or 1.19% short of our first target on this trade. It always amazes me how the round numbers give off such stubborn resistance on these crypto charts. **8sats are always great levels for taking profit.

Do not be in a hurry to exit this one however. We are seeing fantastic increase in volume, and a very wild reaction set off after exploring that upper level. Things are looking on the up and up, and more profits lay ahead for us!

🔸Current Price: 151sats (+15%)
❇️Entry: 132sats (Average Entry)
🎯Take Profit: 160sats, 190sats, 238sats
⤴️Stop Limit: 132sats (+0%)

#TradeUpdate

$WAVES made a splash raking in a massive 50% profit as expected. Apologies I forgot to update.

https://www.tradingview.com/x/kYwk5wXq/

#TradeUpdate

5 sats short of 🎯Target 1 and reaching about 13% from our average entry, $MATIC network has respected the moving averages. Currently riding on the right track, we can soon see an influx of volume shooting it higher to cover all targets.

https://www.tradingview.com/x/UILW4bUd/

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

🔸Signal Info: SONM
Rank: #480
Exchange: Binance (Trade)
Direction: LONG

🎯Status: Target 1 triggered on SONM. +21% In the bank!

🔸Current Price: 151sats (+15%)
❇️Entry: 132sats (Average Entry)
🎯Take Profit: 160sats, 190sats, 238sats
⤴️Stop Limit: 132sats (+0%)

#TradeUpdate

Massive gains on $NEO taking up 56% of the treat. Just about 30 cents away from our final target of $15.16, we suggest you lock in 85% of the position at this price.

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

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


Bitcoin update : Crucial levels and where to head next

Hello all, it's been a very bullish pressure for bitcoin and current crypto market and therefore, In this technical analysis I will cover about bitcoin based on the daily time frame. Let's get it started.

Bitcoin is currently trending at around the green region which I've acknowledged before as a liquidation zone of current movement. But, with latest movement to the upside, this liquidation zone could means nothing if the price continue its bullish momentum to the upside. And therefore, we must anticipate the next potential resistance for bitcoin to head of.

First minor level which I want to anticipate is at current region which is the red line and area around the $10500 region as a double top region comparing to previous swing high. I make this as the minor support because at the previous action of bitcoin which around October 26th, 2019. The price was heavily rejected when it touched this area. Will it forms the same price action as this past historical action? We don't know it yet.

The second crucial level that I want to cover is the resistance around $10900 - $11200 region. It will be very ignorant for me to not anticipate this area of resistance because it has the alignment with a lot of factors of current price formation. It's moving align with the golden pocket, heavy price action and the most important thing is the resistance trend line that has been established since 2017.

The RSI is forming a higher high and higher low consistently since the bottom of November 23rd, 2019 . And it's now the first time that it enters the overbought region since 2019.

This is going to be a very important period for bitcoin and just to be honest with you that at current degree and current level, I really don't feel comfortable if the price pushes to the higher level of price again. There are a lot of reasons that make this market very manipulative.

#TradeUpdate

$LTC did a massive 50% growth as expected. What did daddy tell you?

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

Bitcoin February 13th, 2019

The price is slowly losing strength here. And so far, the price get rejected from my yesterday's area of double top region and the RSI has came back to the lower of 70 level.

But, the main focue will be on MACD on the daily time frame, it has a ticked down as per today's candle right at the interim swing high. If this condition remains valid until the daily candle closes, there is still a possibility of going down to lower region.
Link

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

🎯Status: Target 1 triggered on DATA earlier. A staggering +56% profit on the first target! Its the season to be bold with your targets. Don't loose your best entries for petty profits.

🔸Current Price: 212sats (+42%)
❇️Entry: 150sats
🎯Take Profit: 234sats (+56%), 331sats, 399sats
⤴️Stop Limit: In profit 188sats (+25%)

🎓Market Update 🎓

Good evening fellow traders, for those of you that have been with us for a good while now know that every so often, we like to present you with what we see as the overall dynamic in the markets at the time.

Pretty much throughout 2019 we saw very disturbing colorations in the price action across the different crypto assets. The market adopted a dominant pattern where gains on Bitcoin triggered heavy sell offs on just about all currencies other that Ethereum that has always behaved like a good peg for the most part.

For me myself, It took a while to crack a profitable strategy, when to ride out the run in BTC, when to flip that all back to USD and wait for the dust to settle. Hop into that heavily oversold Altcoin, watch it rise, dump and repeat before bitcoin gets moving again.

After a while, just about everyone was treating this like a zero sum game. The thing is that the markets hadn't always behaved that way. Any traders who had been through the Coinrush at 2017 will attest to that.

Today we see a clear pattern building up. We are 2 and a half months into 2020, and the data is in. Bitcoin is once again leading the rally. Displaying signals of the perfect storm, just like late 2017.

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

Ethereum February 14th, 2020

Ethereum here is testing the area of resistance which is very strong. Because it has a confluence with the area of golden pocket and the previous broken support that is now become resistance.

RSI is entering the overbought region (around 80 in the daily). In other hand, MACD is looking so strong with huge ticking up to the positive side.

I'll be cautious at this level of resistance. if we see a break out, enter long but if we see rejection, I'll short.