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.

https://www.tradingview.com/x/H69IZkrH/

DOGE February 14th, 2020

Doge here is facing a huge resistance trend line (white) which is very crucial. Once it breaks out of the resistance trend line, we'll see a skyrocket from this coins. But, currently the RSI is at its peak and I'll expect a correction to the white region around $0.0027 before challenging the resistance trend line again.

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

REN February 14th, 2020

REN is looking pretty legit for the long term, if it can breaches the white resistance zone. This zone however is becoming a very strong resistance, Not just the area of price action, but it also has alignment with the previous broken support trend line that is now become resistance.
I'd like to wait more on this confirmation for buying bias. I'll wait for the price to breaks out of this current resistance for long entry.

The momentum for short term need to holds the red support trend line and MUST not breaches the blue region to maintain potential bullish bias.

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

🔸Signal Info: Metal
Rank: #150
Exchange: Binance (Trade)
Direction: LONG

🎯Status: Target #1 Triggered for the second time after a re-entry (+25% profit)

🔸Current Price: 4140sats (+14% )
❇️Re - Entry: 3092sats (Filled 6sats from the low)
🎯Take Profit: 3894sats, 4650sats, 5565sats
⤴️Raise stop: 3595sats (+16%)

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

🔸Signal Info: Monero
Rank: #14
Exchange: Binance (Trade)
Direction: LONG

🎯Status: And we have our first target on Monero! Our target was touched briefly, and it went no higher. +20% profit cashed in.

🔸Current Price: 0.009110 (+19%)
❇️Entry: 0.007650
🎯Take Profit: 0.0092 (+20%), 0.01085, Open
⤴️Stop Limit: Breakeven 0.007650 (0%)

https://www.tradingview.com/x/UJc2FUNb/

Bitcoin : sweet spot

Hello all, here we start the chart work on bitcoin again. On this technical analysis, I will cover the movement of the bitcoin on smaller degree, we use the 4 hours time frame to analyse this movement for bitcoin. Let's get start!

Just like what I've wrote on the title of this analysis, I call the blue areas 'sweet spot'. Just like what you've seen on the chart, since the January 10th, the price has consistently bounced of this blue regions as well. This blue region is the previous broken resistance that become a support in the upcoming moves. However, if you use this break out strategy, since in the beginning of the January, you'll get a tremendous amount of profit.

And in the last period of price action, the price has already tested the previous broken resistance that becomes a support as well and it bounced! will this be another sign to forms an upward movement? if yes, the next target will be on the white zone which I've anticipated on my previous post.

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

🔸Signal Info: Metal
Rank: #146
Exchange: Binance (Trade)
Direction: LONG

🎯Status: Target #2 Triggered (+50% profit)
That now makes up over well 100% profit on this asset alone since the signal order got filled 15 days on 30th January.

🔸Current Price: 4470sats (+45% )
❇️Re - Entry: 3092sats (Filled 6sats from the low)
🎯Take Profit: 3894sats, 4650sats, 5565sats
⤴️Raise stop: 3595sats (+16%)

Bitcoin

Continuing my previous analysis about bitcoin. Here I get a new movement of the price which forms a lower high structure. If we get confirmation on breaking out of this resistance trend line, I will expect an upside move to the white region which is the Golden pocket around $10900 region.

But, if this lower high structure confirms a descending type of the triangle and the price breaches the support zone, Short position could be imminent.

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

Respected the resistance and bowed low. It was quite exciting that the reaction was instantaneous. Good volume of buying in. Regardless, the whole rise doesn't look organic. Ethereum specifically is extremely overbought.

🎓#SpotTrade 🎓
🎓 $ATOM / BTC - View Chart

🔸Signal Info: Cosmos
Rank: #22
Exchange: Binance (Trade)
Direction: LONG

🔸Analysis: Cosmos hasn't yet been on the moon express like many other currencies have been on these last two weeks. The price appears trapped bellow the trending resistance also marked out well by perfectly straight 21MA.

The asset has however out performed the market before this big run started. The price ran since early September exceeding +100% gains. This is likely why the asset held less appeal to the professional trader.

With a slight shift in the levels on Bitcoin today, it sent many assets tumbling, and this is also an opportunity to explore new entries. Lets see if we can see a healthy swing on Cosmos as we approach the apex of this wedge formation.

🔸Current Price: 0.0004377sats
❇️Entry: 0.0004
🎯Take Profit: 0.0004690, 0.0006020, 0.0007575
♦️Stop Limit: 0.000355 (-11.4%)

Bitcoin : Short term view, Bullish divergence

hello all, here I will share you about the lower time frame view, which I do believe is still valid for now. let's make it short and detail.


Intraday level
1. This could be the 5 impulse wave going down.
2. There is a massive bullish divergence on the RSI and MACD on the 1 hour time frame
3. Scalping long opportunity when we get the confirmation of the end of wave 5.
4. White region is a major resistance for bitcoin

I'm waiting for long opportunity for scalping play with target between $10000 - $10200. Entry point when the price is breaking out of the green region. For long term, as long as the price doesn't break down of the white resistance trend line, bulls are still in control.

https://www.tradingview.com/x/C3Uv6Xrf/

Limit entry at $222 - $228
Target $237 - $244 - $249
Leverage 3x max

https://www.tradingview.com/x/DenIr9kD/

Bitcoin : Short term set up for trade (Not financial advice)

Hello all, let's make it quick.

Continuing my yesterday's analysis, we've made it true and you can see that the price has already formed the 5th wave going down. The second most important things is that the price is now trending right at the white region as the major support for its price action. What I'm expecting is that the price could has a bounce at least at the 38.2% fib retracement. When this occurs, always consider the golden pocket as the major resistance for your long target.

Enjoy the long set up!

Okay guys here is the time in crypto where market gets boring. The price starts to stabilize and everything looks like still water. This can be the calm before the storm.

Honestly, I personally don't trade here. I invest this duration in learning new skill and building projects. Studying the tech behind coins and tokens I'll invest in. This gives me a better overview of what companies to filter. Spend some quality time in the library or with family.

Currently, my team and I are finalizing and testing the most awaited product of Hashed Plutus. An exclusive. Stay tuned for more.

Bitcoin : Testing the crucial resistance trend line

Hello fellas, here it is the bitcoin update based on current moves. First of all, I want to congratulate all of you who have opened the yesterday's long position of bitcoin since $9650 region. You must be in profit now. And at current rate, I've closed most of my position and move the SL into profit for the rest.

Now, looking back at the bitcoin condition, we have seen a huge bounce since the price touched the white region as a major support. Currently, the price is trying to test the green resistance trend line which is holding true and I believe that this resistance trend line is the most crucial line to watch on intraday level.

There are 2 scenarios for this :
1. If the price can breaks out of this green resistance trend line, there will be a potential moves to the double top region or even the higher level at yellow
2. If we see a rejection toward this green resistance trend line, there might be a possibility for consolidation moves (probably a form of the descending triangle) before we see the price losing volatility and come to the decision point at the APEX of the triangle.

For now, just put my SL to the profit so we can still secure some profit if the price can't breaches the resistance trend line. let the trend decide your moves!

https://www.tradingview.com/x/FK8hmEJj/

PS : Charted a few hours ago

$BTC / $USD BITFINEX

Golden Cross! Golden Cross! Yeah, I'm equally annoyed by everyone pointing the golden cross. It is so darn hard to make people realize that the Golden/Death cross is only accurate up to 65%. Another shitty indicator to plan your trades with. I so wish to find an indicator that is at least 90% accurate.

The dotted line indicates a long term support and the recent fake out might shift amateur analysts' charts greatly but again. It's a fakeout

The major buying activity is around $9300 to $9540. Pretty neat for an entry if you are a bag holder. There is still a possibility that we can go sub $9000 testing $8750 levels to find deeper support.

https://www.tradingview.com/x/N2VlqwUO/

$XRP / $USD

Not something I would enter unless we hit 28 cents. Very amusing support resistance flip being shown by the banksters

https://www.tradingview.com/x/N2VlqwUO/