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!
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.
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
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/
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/
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/
Rumors sell like hot cake downtown Cryptoverse.
Hottest one yet, BINANCE GOT HACKED! so you can figure out funds are not #SAFU
๐#TradeUpdate ๐
๐ BNB / BTC
๐ธSignal Info: Binance Coin
Exchange: Binance
Direction: SHORT
๐ฉ Margin: x5
๐ธCurrent Price: 0.00237274โฟ
โ๏ธEntry: 0.00237274โฟ
๐ฏTargets: 0.00226071โฟ 0.0021894โฟ 0.00213238โฟ
โคด๏ธExit: 0.00247274โฟ
Hottest one yet, BINANCE GOT HACKED! so you can figure out funds are not #SAFU
๐#TradeUpdate ๐
๐ BNB / BTC
๐ธSignal Info: Binance Coin
Exchange: Binance
Direction: SHORT
๐ฉ Margin: x5
๐ธCurrent Price: 0.00237274โฟ
โ๏ธEntry: 0.00237274โฟ
๐ฏTargets: 0.00226071โฟ 0.0021894โฟ 0.00213238โฟ
โคด๏ธExit: 0.00247274โฟ
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Rumors sell like hot cake downtown Cryptoverse. Hottest one yet, BINANCE GOT HACKED! so you can figure out funds are not #SAFU ๐#TradeUpdate ๐ ๐ BNB / BTC ๐ธSignal Info: Binance Coin Exchange: Binance Direction: SHORT ๐ฉ Margin: x5 ๐ธCurrent Price: 0.00237274โฟโฆ
I'll tighten stop and wait for some explaination.
https://www.binance.com/en/support/articles/360039984971
https://www.binance.com/en/support/articles/360039984971
Binance
Binance Temporary System Maintenance Complete (2020/02/19) | Binance
Fellow Binancians, Binance has completed temporary system maintenance and w
The Securities and Exchange Commission today announced settled charges against blockchain technology startup Enigma MPC for conducting an unregistered offering of securities in the form of an initial coin offering (ICO). Enigma, based in San Francisco and Israel, has agreed to return funds to harmed investors via a claims process, register its tokens as securities, file periodic reports with the SEC, and pay a $500,000 penalty.
According to the SECโs order, Enigma raised approximately $45 million from sales of its digital assets (called ENG Tokens) in 2017. The SECโs order finds that ENG Tokens are securities and that Enigma did not register its ICO as a securities offering pursuant to the federal securities laws and its ICO did not qualify for an exemption from the registration requirements.
The SECโs case was handled by Michael Vito, Emily R. Holness, Marc Jones, Eric A. Forni, and Amy Gwiazda of the Boston Regional Office.
https://www.sec.gov/news/press-release/2020-37
What do you do with such a news? SELL
According to the SECโs order, Enigma raised approximately $45 million from sales of its digital assets (called ENG Tokens) in 2017. The SECโs order finds that ENG Tokens are securities and that Enigma did not register its ICO as a securities offering pursuant to the federal securities laws and its ICO did not qualify for an exemption from the registration requirements.
The SECโs case was handled by Michael Vito, Emily R. Holness, Marc Jones, Eric A. Forni, and Amy Gwiazda of the Boston Regional Office.
https://www.sec.gov/news/press-release/2020-37
What do you do with such a news? SELL
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$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 tradesโฆ
What did Daddy tell you? Welcome to the best fucking channel!
https://www.tradingview.com/x/C3ZXB6jY/
https://www.tradingview.com/x/C3ZXB6jY/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
The Securities and Exchange Commission today announced settled charges against blockchain technology startup Enigma MPC for conducting an unregistered offering of securities in the form of an initial coin offering (ICO). Enigma, based in San Francisco andโฆ
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$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 tradesโฆ
This is how I went forward with the trade.
https://www.tradingview.com/x/9nL0LFgn/
#XBTUSD
On 10x its 95% Profit with more than 6R. ๐๐ป
https://www.tradingview.com/x/9nL0LFgn/
#XBTUSD
On 10x its 95% Profit with more than 6R. ๐๐ป
https://www.tradingview.com/x/Jp4mA1Zc/
Bitcoin : Assuming the parallelity, Drop and Major support
Hello all, Yesterday was a very bearish day for bitcoin . we have seen a huge move to the downside which made a lot of long got liquidated and luckily, we have moved our SL into the profit. Now, let's check the bitcoin condition, whether we are already entering the bear market or the bulls are still holding the momentum??
Looking at the chart, where I assume a parallel channel that has been established since February 13th , The price is now reaching the lower line of the channel which acts as a support trend line during this parallelity. And another alignment can be met when you see that the price is still trending in the area of the major support (white). However, this area was a broken resistance before and it's now become a support. This could be the 2nd phase of our break out strategy.
On the break out strategy, A phase 2 is always becoming the perfect condition to enter the trade whenever we get confirmation. There is a possibility of the price to have bounce to the golden pocket region which has an alignment with the upper line of the channel. And when the price has reached this region, we will know very soon where the price will head in the future.
For now, let's enjoy our previous profit from long position first until we get further confirmation from bitcoin .
Bitcoin : Assuming the parallelity, Drop and Major support
Hello all, Yesterday was a very bearish day for bitcoin . we have seen a huge move to the downside which made a lot of long got liquidated and luckily, we have moved our SL into the profit. Now, let's check the bitcoin condition, whether we are already entering the bear market or the bulls are still holding the momentum??
Looking at the chart, where I assume a parallel channel that has been established since February 13th , The price is now reaching the lower line of the channel which acts as a support trend line during this parallelity. And another alignment can be met when you see that the price is still trending in the area of the major support (white). However, this area was a broken resistance before and it's now become a support. This could be the 2nd phase of our break out strategy.
On the break out strategy, A phase 2 is always becoming the perfect condition to enter the trade whenever we get confirmation. There is a possibility of the price to have bounce to the golden pocket region which has an alignment with the upper line of the channel. And when the price has reached this region, we will know very soon where the price will head in the future.
For now, let's enjoy our previous profit from long position first until we get further confirmation from bitcoin .
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
๐Market Update ๐ 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 weโฆ
There is a reason I posted this. The most important analysis posted by @hashedplutus for 2020. Understanding and correctly interpreting this chart can save you millions in potential losses and add immense knowledge to the ideas of market cycles. I urge you to carefully read this and understand the technicals behind midcaps pumping now.
๐#SpotTrade ๐
๐ $ENJ/ BTC - View Chart๐ธ
Signal Info: Enjin
Rank: #56
Exchange: Binance (Trade)
Direction: LONG
๐ธAnalysis: Enjin has been growing decently over the past three months expressing itself as a major asset in the gaming industry. With the right partnership acting as a catalyst, we can see this surge upto 100% in a single day like the Samsung rumour did.
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 Enjin as we approach the apex of this wedge formation.
๐ธCurrent Price: 1345sats
โ๏ธEntry: 1330sats to 1350sats
๐ฏTake Profit: 1496sats, 1639sats, 1734sats
โฆ๏ธStop Limit: 1224sats
๐ $ENJ/ BTC - View Chart๐ธ
Signal Info: Enjin
Rank: #56
Exchange: Binance (Trade)
Direction: LONG
๐ธAnalysis: Enjin has been growing decently over the past three months expressing itself as a major asset in the gaming industry. With the right partnership acting as a catalyst, we can see this surge upto 100% in a single day like the Samsung rumour did.
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 Enjin as we approach the apex of this wedge formation.
๐ธCurrent Price: 1345sats
โ๏ธEntry: 1330sats to 1350sats
๐ฏTake Profit: 1496sats, 1639sats, 1734sats
โฆ๏ธStop Limit: 1224sats
https://www.tradingview.com/x/JM1oeUTX/
Bitcoin update : February 22nd, 2020
It looks like that the bulls has lost a lot of strength at this point. The price has made an action to test the median line of the channel but, once again it has the correction not even close to the median line. The .382 fib level is acting as a significant resistance right now.
Clear sign that the bulls are losing strength is the last wick that occur in the last 2 hours time frame. It touched the $9500 region. This shows us that there is a potential moves toward the interim swing low at around $9289 region.
Bitcoin update : February 22nd, 2020
It looks like that the bulls has lost a lot of strength at this point. The price has made an action to test the median line of the channel but, once again it has the correction not even close to the median line. The .382 fib level is acting as a significant resistance right now.
Clear sign that the bulls are losing strength is the last wick that occur in the last 2 hours time frame. It touched the $9500 region. This shows us that there is a potential moves toward the interim swing low at around $9289 region.
โโETH Analysis:
We have seen today choppy price action on $BTC as well as on $ETH - as mentioned in our previous post.
$ETH is right now in an ascending channel which hasn't been broken yet. We should stay above $263.51 to continue the bullish uptrend . The next level of interest would be our weekly support at $258.85. Which would be also a great #Long opportunity. Aside from that Alts have been doing pretty well today. We will be looking into a few Alts next week and update you once we find something interesting.
We have seen today choppy price action on $BTC as well as on $ETH - as mentioned in our previous post.
$ETH is right now in an ascending channel which hasn't been broken yet. We should stay above $263.51 to continue the bullish uptrend . The next level of interest would be our weekly support at $258.85. Which would be also a great #Long opportunity. Aside from that Alts have been doing pretty well today. We will be looking into a few Alts next week and update you once we find something interesting.
Insider news time
We at HP have prided ourselves to give you information not available to the masses to give you the extra HP_EDGE, here is what's brewing:
a) Apparently a Chinese Whale suffered a sim hijack and has lost over $45 million in assets which include Bitcoin and Bitcoin Cash as majority assets. He is currently in talks with mining pools to reverse the transaction, if they don't work something out, we can expect a dump in both.
b) The recent Bianance listing was more of a buyout by CZ to the company to cover-up hidden expenses of Binance. They seem to operate in the grey.
We at HP have prided ourselves to give you information not available to the masses to give you the extra HP_EDGE, here is what's brewing:
a) Apparently a Chinese Whale suffered a sim hijack and has lost over $45 million in assets which include Bitcoin and Bitcoin Cash as majority assets. He is currently in talks with mining pools to reverse the transaction, if they don't work something out, we can expect a dump in both.
b) The recent Bianance listing was more of a buyout by CZ to the company to cover-up hidden expenses of Binance. They seem to operate in the grey.