🎓#TradeUpdate 🎓
🎓 $NANO / USDT - View Chart
🔸Signal Info: Nano
Rank: #60
Exchange: Binance (Trade)
Direction: LONG
💹 Position is up +18% after getting entries filled yesterday.
🎓 $NANO / USDT - View Chart
🔸Signal Info: Nano
Rank: #60
Exchange: Binance (Trade)
Direction: LONG
💹 Position is up +18% after getting entries filled yesterday.
TradingView
🎓#SpotTrade 🎓 $NANO / USDT 🎓 Trade Update for BINANCE:NANOUSDT by HashedPlutus
🔸Signal Info: Nano
Rank: #60
Exchange: Binance
Direction: LONG
Nano has tagged our perfect entry early yesterday, and the price has since bounced off the horizontal support. Position is open and up +18%, anticipating little resistance before our first target.…
Rank: #60
Exchange: Binance
Direction: LONG
Nano has tagged our perfect entry early yesterday, and the price has since bounced off the horizontal support. Position is open and up +18%, anticipating little resistance before our first target.…
🎓Plutus Exploration Index🎓 Casually Trading the Crash
💹 The PXI has been casually setting off trading signals with unfathomable accuracy since the big crash started about two weeks ago.
🎯 Dead easy trading signals are netting profits like nobody's business. 3 Signals went off on the 4h time frame. Two short and one long signal on Monday of which we called at $4950 on Sunday.
🔸 Short - Close at -13% @ x10 leverage = 130% profit
🔸 Short - Close at -27% @ x10 leverage = 270% profit
🔸 Long - Open at +26% @ x10 leverage = 260% profit
⏰ Total of +660% profit in only 13days!
📈 Request your free trial on the indicator today!
Orders in at hashedplutus.com
See live chart on TradingView
💹 The PXI has been casually setting off trading signals with unfathomable accuracy since the big crash started about two weeks ago.
🎯 Dead easy trading signals are netting profits like nobody's business. 3 Signals went off on the 4h time frame. Two short and one long signal on Monday of which we called at $4950 on Sunday.
🔸 Short - Close at -13% @ x10 leverage = 130% profit
🔸 Short - Close at -27% @ x10 leverage = 270% profit
🔸 Long - Open at +26% @ x10 leverage = 260% profit
⏰ Total of +660% profit in only 13days!
📈 Request your free trial on the indicator today!
Orders in at hashedplutus.com
See live chart on TradingView
TradingView
🎓Plutus Exploration Index🎓 Casually Trading the Crash for BINANCE:BTCUSDT by HashedPlutus
💹 The PXI has been casually setting off trading signals with unfathomable accuracy since the big crash started about two weeks ago.
🎯 Dead easy trading signals are netting profits like nobody's business. 3 Signals went off on the 4h time frame. Two short…
🎯 Dead easy trading signals are netting profits like nobody's business. 3 Signals went off on the 4h time frame. Two short…
🎓#TradeUpdate 🎓
🎓 $BTS / USDT - View Chart
🔸Signal Info: Bitshares
Rank: #75
Exchange: Binance (Trade)
Direction: LONG
🎯First target cleared for +27% profit on Bitshares
🔸Current Price: $0.01850
❇️Entry: $0.01405, $0.01285
🎯Take Profit: $0.01795, $0.02360
♦️Stop Limit: $0.1190 (-11.5%)
🎓 $BTS / USDT - View Chart
🔸Signal Info: Bitshares
Rank: #75
Exchange: Binance (Trade)
Direction: LONG
🎯First target cleared for +27% profit on Bitshares
🔸Current Price: $0.01850
❇️Entry: $0.01405, $0.01285
🎯Take Profit: $0.01795, $0.02360
♦️Stop Limit: $0.1190 (-11.5%)
TradingView
🎓#SpotTrade 🎓 BTS / USDT 🎓 Trade Update for BINANCE:BTSUSDT by HashedPlutus
🔸Signal Info: Bitshares
Rank: #75
Exchange: Binance
Direction: LONG
🎯First target cleared for +27% profit on Bitshares
🔸Current Price: $0.01850
❇️Entry: $0.01405, $0.01285
🎯Take Profit: $0.01795, $0.02360
♦️Stop Limit: $0.1190 (-11.5%)
Rank: #75
Exchange: Binance
Direction: LONG
🎯First target cleared for +27% profit on Bitshares
🔸Current Price: $0.01850
❇️Entry: $0.01405, $0.01285
🎯Take Profit: $0.01795, $0.02360
♦️Stop Limit: $0.1190 (-11.5%)
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
🎓Plutus Exploration Index🎓 Casually Trading the Crash 💹 The PXI has been casually setting off trading signals with unfathomable accuracy since the big crash started about two weeks ago. 🎯 Dead easy trading signals are netting profits like nobody's business.…
Ah snap, we completely forgot to drop you the contact. Head over to the website and you will find a contact form, else if you like a more human interaction, DM @cryptopotatoes and he will be more than happy to hook you up with the PXI.
🎓 PXI on Commodities 🎓 West Texas Oil Fund - WTICO - USD
The PXI is smashing targets big time in conventional markets. With the Oil volatility through the roof, this indicator will keep your funds doubling by the hour. The indicator has delivered two signals in the last 2 days. See the results bellow with a conservative leverage of x50 on a commodity.
🔸 Short - Close at -15.59% @ x50 leverage = +779.50% profit
🔸 Long - Close at +20.68% @ x50 leverage = +1034.00% profit
⏰ Total of +1 813,50 % profit in only 2days 4hours!
Orders in at hashedplutus.com or contact @cryptopotatoes / @lord_horst for your trial
The PXI is smashing targets big time in conventional markets. With the Oil volatility through the roof, this indicator will keep your funds doubling by the hour. The indicator has delivered two signals in the last 2 days. See the results bellow with a conservative leverage of x50 on a commodity.
🔸 Short - Close at -15.59% @ x50 leverage = +779.50% profit
🔸 Long - Close at +20.68% @ x50 leverage = +1034.00% profit
⏰ Total of +1 813,50 % profit in only 2days 4hours!
Orders in at hashedplutus.com or contact @cryptopotatoes / @lord_horst for your trial
TradingView
🎓 PXI on Commodities 🎓 West Texas Oil Fund - WTICO - USD for OANDA:WTICOUSD by HashedPlutus
The PXI is smashing targets big time in conventional markets. With the oil volatility is through the roof, and this indicator will keep your funds doubling by the hour. The indicator has delivered two signals in the last 2 days. raking in a total of 35% profit.…
https://www.tradingview.com/x/SXUGg6dt
Bitcoin : Head and Shoulder
Hello there and happy weekend for all of you. Here I provide you with the technical analysis of bitcoin. Just enjoy!
We've seen the action of break out of current resistance zone around $6000 - $6200 with the top of current movement at $6900 region. After the price topped, we see another retracement toward the area of resistance again. With this current movement, this could be the action of phase 2 of break out strategy which is retesting the previous broken resistance as support. At least if we see it from bullish perspective.
But, if we see it from bearish perspective, this current movement is forming a potential head and shoulder at the top too which indicate the potential of reversal pattern to the down side. However, we still have some sources of support below. The first support is the white zone which was becoming a broken resistance and the second support is the white support trend line which has held the price since March 6th, 2020. Any sign of breaks down will lead the price to lower region of interim swing low. But, any sign of bounce could lead the price to the next resistance around $8000 region.
Bitcoin : Head and Shoulder
Hello there and happy weekend for all of you. Here I provide you with the technical analysis of bitcoin. Just enjoy!
We've seen the action of break out of current resistance zone around $6000 - $6200 with the top of current movement at $6900 region. After the price topped, we see another retracement toward the area of resistance again. With this current movement, this could be the action of phase 2 of break out strategy which is retesting the previous broken resistance as support. At least if we see it from bullish perspective.
But, if we see it from bearish perspective, this current movement is forming a potential head and shoulder at the top too which indicate the potential of reversal pattern to the down side. However, we still have some sources of support below. The first support is the white zone which was becoming a broken resistance and the second support is the white support trend line which has held the price since March 6th, 2020. Any sign of breaks down will lead the price to lower region of interim swing low. But, any sign of bounce could lead the price to the next resistance around $8000 region.
https://www.tradingview.com/x/IsYWE0AE
ETHBULL March 21st, 2020
Continuing my previous post about ETHBULL. If at the previous post I covered from the daily perspective, this time I'm going to cover it from the lower time frame which is the 4 hours perspective.
Currently the bulls are losing strength with current price action. There is so much pressure from the bears. But, it will meet the closest support trend line which is the white support trend line. If we see it breaks down of this support level, we'll see another push toward lower level. Even for the Ethereum contract itself, we will see another bearish push.
ETHBULL March 21st, 2020
Continuing my previous post about ETHBULL. If at the previous post I covered from the daily perspective, this time I'm going to cover it from the lower time frame which is the 4 hours perspective.
Currently the bulls are losing strength with current price action. There is so much pressure from the bears. But, it will meet the closest support trend line which is the white support trend line. If we see it breaks down of this support level, we'll see another push toward lower level. Even for the Ethereum contract itself, we will see another bearish push.
https://www.tradingview.com/x/xbLjRQvJ
On the 4 hours chart, everything is looking not good. The price is testing the white support trend line with a huge selling pressure. In align with the price, the MACD is in trouble too, the moving average is very likely to perform the death cross with the histogram is ready for the ticking down to the negative side.
On the 4 hours chart, everything is looking not good. The price is testing the white support trend line with a huge selling pressure. In align with the price, the MACD is in trouble too, the moving average is very likely to perform the death cross with the histogram is ready for the ticking down to the negative side.
https://www.tradingview.com/x/Ny9VK1bC
Confirmation of phase 2
Looking at the price which has defended the white zone which previously was a broken resistance and now become a support. We have seen a turning back of testing it and of course a bounce. We'll challenge the interim swing high on intraday level and $8000 - $8200 potentially.
Confirmation of phase 2
Looking at the price which has defended the white zone which previously was a broken resistance and now become a support. We have seen a turning back of testing it and of course a bounce. We'll challenge the interim swing high on intraday level and $8000 - $8200 potentially.
https://www.tradingview.com/x/v7kOThEL/
Bitcoin : The target of -0.382 of fibonacci retracement
Hello all, here I give you another update of bitcoin during last week's volatility.
We can see that the $6000 region is becoming a very tough resistance for bitcoin with several rejections toward this area. This rejection cause a correction toward the 0.382 fibonacci retracement which could be a support for the lower degree of price action. This 0.382 fibonacci retracement is moving align with the white support trend line which is likely to be tested in near future. I won't turn back the bullish bias to the bearish bias as long as the price is still moving above this support trend line.
Looking at the MACD on the daily chart, it looks like that the histogram is having a ticking up to the upside and the dynamic lines are having their golden cross over. On the current action of the price, the price could have its bounce from nearest level of .382 fibonacci retracement which is around $5790 region (only if it holds). 0.382 fibonacci retracement level is however always be a strong area of support.
Assuming the confluence zone , I think that we still could see the price to touch the higher level of resistance around $8000 region which has the alignment with the -0.382 fibonacci retracement level. So, I'm still expecting this support trend line can hold the price from further drop of the market. Shorting at this level is clearly not a good choice, with a ticking up histogram to the positive side on daily chart, golden cross over and near the support trend line, the risk of shorting the market isn't acceptable.
Bitcoin : The target of -0.382 of fibonacci retracement
Hello all, here I give you another update of bitcoin during last week's volatility.
We can see that the $6000 region is becoming a very tough resistance for bitcoin with several rejections toward this area. This rejection cause a correction toward the 0.382 fibonacci retracement which could be a support for the lower degree of price action. This 0.382 fibonacci retracement is moving align with the white support trend line which is likely to be tested in near future. I won't turn back the bullish bias to the bearish bias as long as the price is still moving above this support trend line.
Looking at the MACD on the daily chart, it looks like that the histogram is having a ticking up to the upside and the dynamic lines are having their golden cross over. On the current action of the price, the price could have its bounce from nearest level of .382 fibonacci retracement which is around $5790 region (only if it holds). 0.382 fibonacci retracement level is however always be a strong area of support.
Assuming the confluence zone , I think that we still could see the price to touch the higher level of resistance around $8000 region which has the alignment with the -0.382 fibonacci retracement level. So, I'm still expecting this support trend line can hold the price from further drop of the market. Shorting at this level is clearly not a good choice, with a ticking up histogram to the positive side on daily chart, golden cross over and near the support trend line, the risk of shorting the market isn't acceptable.
https://www.tradingview.com/x/PnEelObd/
Beside all of the signs that I've mentioned on my previous post, this is another confluence reasons that could support my bullish bias toward the $8000 region for mid term purpose. Here I find the possible type of bullish falling wedge that usually lead the price to the higher region.
Although we haven't seen any sign of breaking out this bullish falling wedge, it's clearly not a good idea to open short position unless the price breaks down of the white support trend line.
This pattern is another confluence reason for me to still hold my long position from now. I could be wrong and the price could breaks down of current support easily but, we do trade from every perspective of possibility and this time, bullish possibility is still in play.
Beside all of the signs that I've mentioned on my previous post, this is another confluence reasons that could support my bullish bias toward the $8000 region for mid term purpose. Here I find the possible type of bullish falling wedge that usually lead the price to the higher region.
Although we haven't seen any sign of breaking out this bullish falling wedge, it's clearly not a good idea to open short position unless the price breaks down of the white support trend line.
This pattern is another confluence reason for me to still hold my long position from now. I could be wrong and the price could breaks down of current support easily but, we do trade from every perspective of possibility and this time, bullish possibility is still in play.
https://www.tradingview.com/x/xH8HfM2o/
Cryptocurrency is eye-ing the $200 billion of market cap
Hello all, today I'm going to cover the technical analysis of crypto total market capitalization which always becomes the most important component of cryptocurrency in general. I won't do a detail analysis of bitcoin because yesterday we've covered its bounce and my bias is still remain the same. Now let's see what we can get from this market breakdown.
Market capitalization refers to the Dollar market value of the circulating supply of the coins all around the world. Currently the top 10 of cryptocurrency based on CMC reflects almost the 85% of the total market capitalization. This means that the bigger the market capitalization of a coins, it has bigger correlation that can affect the market capitalization of the market. Money inflow is the key of this market capitalization.
From the chart applied, we can see that at March 13th, 2020 the capitalization has touched the lowest level since the beginning of 2019 which is around $107 billions. The huge money outflow because of the fear of COVID-19 becomes the first and the biggest assumption of that drop of market capitalization. This condition is directly giving a big effect to the bitcoin's price which moving in line with the drop of crypto market capitalization. However, whenever the fear comes, there will be a huge sell off of the market. But, during this sell off, there will be a potential relief rally too as the effect of the extreme fear.
I've seen this relief rally in bitcoin previously and after I open the market capitalization chart, it remains the same. That's why I'll expect a relief rally will take place at current level and we might see a potential push of the total market capitalization to claim back the $200 billions which is another crucial levels for this market cap. And of course bitcoin is the first asset that comes to my mind of this potential relief rally. They both have the similar pattern and positively correlate each other.
Cryptocurrency is eye-ing the $200 billion of market cap
Hello all, today I'm going to cover the technical analysis of crypto total market capitalization which always becomes the most important component of cryptocurrency in general. I won't do a detail analysis of bitcoin because yesterday we've covered its bounce and my bias is still remain the same. Now let's see what we can get from this market breakdown.
Market capitalization refers to the Dollar market value of the circulating supply of the coins all around the world. Currently the top 10 of cryptocurrency based on CMC reflects almost the 85% of the total market capitalization. This means that the bigger the market capitalization of a coins, it has bigger correlation that can affect the market capitalization of the market. Money inflow is the key of this market capitalization.
From the chart applied, we can see that at March 13th, 2020 the capitalization has touched the lowest level since the beginning of 2019 which is around $107 billions. The huge money outflow because of the fear of COVID-19 becomes the first and the biggest assumption of that drop of market capitalization. This condition is directly giving a big effect to the bitcoin's price which moving in line with the drop of crypto market capitalization. However, whenever the fear comes, there will be a huge sell off of the market. But, during this sell off, there will be a potential relief rally too as the effect of the extreme fear.
I've seen this relief rally in bitcoin previously and after I open the market capitalization chart, it remains the same. That's why I'll expect a relief rally will take place at current level and we might see a potential push of the total market capitalization to claim back the $200 billions which is another crucial levels for this market cap. And of course bitcoin is the first asset that comes to my mind of this potential relief rally. They both have the similar pattern and positively correlate each other.
https://www.tradingview.com/x/ESHVic1o/
For Bitcoin, my target is remain the same with previous analysis and bias. we have seen a break out of the bullish falling wedge and a beautiful bullish candle that surpass the previous red candle in the daily. Intraday chart looks bullish too. This could only be just the relief rally of previous tremendous drop. So, I highly recommend you to keep looking at the order book and the market heat map for buy and sell wall. $8000 is very possible to touch.
For Bitcoin, my target is remain the same with previous analysis and bias. we have seen a break out of the bullish falling wedge and a beautiful bullish candle that surpass the previous red candle in the daily. Intraday chart looks bullish too. This could only be just the relief rally of previous tremendous drop. So, I highly recommend you to keep looking at the order book and the market heat map for buy and sell wall. $8000 is very possible to touch.
You might be wondering what's up with Potato? The world is locked down and no updates? Well brothers and sisters, social isolation has gifted us an opportunity to learn. Took a day off charts yesterday and grabbed a copy of "The Intelligent Investor" to read. I must say, barely into the pages and I'm loving the lesson I learn from this book. Here are some highlights I made.
PS: For the traders, I'll drop a few charts in a couple of hours.
PS: For the traders, I'll drop a few charts in a couple of hours.
https://www.tradingview.com/x/om0ZRkt6/
Bitcoin : Intraday resistance, up trend channel and bear flag?
Hello all, welcome back to the technical analysis of bitcoin. I'll cover the lower time frame which is the intraday level. Let's enjoy!
From the intraday perspective which is the lower degree for this technical analysis, I can conclude several things that may be right. The first thing is that the price is now moving inside the up trend channel that has formed since March 13th, 2020 . We can see that the price has gone back and forth between the upper line of the channel and the lower line of the channel, this channel can be the flag of the full bearish flag structure if we can see it from another perspective.
At current level, the price is still trending just slightly below the intraday level of resistance (green) around $6700 - $7000 region. We might anticipate the price to break out of this current resistance to test again the upper line of the channel which has alignment with the $8000 level. But, if there is a base case, there is also the worse case too. This time I will assume that the worse case is when the price breaks down of the support trend line which is the lower line of the channel. If we see any breaks down of it, I'll target lower low in the future to come.
For now, I'm still holding my long position with the stop loss has already in profit to eliminate all the risk of potential breaks down and riding the wave to the upside is expected.
Bitcoin : Intraday resistance, up trend channel and bear flag?
Hello all, welcome back to the technical analysis of bitcoin. I'll cover the lower time frame which is the intraday level. Let's enjoy!
From the intraday perspective which is the lower degree for this technical analysis, I can conclude several things that may be right. The first thing is that the price is now moving inside the up trend channel that has formed since March 13th, 2020 . We can see that the price has gone back and forth between the upper line of the channel and the lower line of the channel, this channel can be the flag of the full bearish flag structure if we can see it from another perspective.
At current level, the price is still trending just slightly below the intraday level of resistance (green) around $6700 - $7000 region. We might anticipate the price to break out of this current resistance to test again the upper line of the channel which has alignment with the $8000 level. But, if there is a base case, there is also the worse case too. This time I will assume that the worse case is when the price breaks down of the support trend line which is the lower line of the channel. If we see any breaks down of it, I'll target lower low in the future to come.
For now, I'm still holding my long position with the stop loss has already in profit to eliminate all the risk of potential breaks down and riding the wave to the upside is expected.
🎓#SpotTrade 🎓
🎓 $FUEL / BTC - View Chart
🔸Signal Info: Etherparty
Rank: #650
Exchange: Binance (Trade)
Direction: LONG
🔸Analysis: Ether party has indeed seen better days. It has become heavily oversold, and it is dirt cheap now.
For a coin listed on Binance, is it right that it now sits at rank #650? I don't think so. Chart patterns show that a previous support has remained in tact throughout the turmoil in the market. Established August 2019, the zone marks out our two entries on the asset.
A gap lower than that will mean a hefty stop loss, but this setup displays a much more remarkable upside.
🔸Current Price: 28sats
❇️Entry: 27sats, 23sats
🎯Take Profit: 38sats, 55sats, Open
♦️Stop Limit: 19sats (-24.16%)
PS - Like our work on Tradingview
🎓 $FUEL / BTC - View Chart
🔸Signal Info: Etherparty
Rank: #650
Exchange: Binance (Trade)
Direction: LONG
🔸Analysis: Ether party has indeed seen better days. It has become heavily oversold, and it is dirt cheap now.
For a coin listed on Binance, is it right that it now sits at rank #650? I don't think so. Chart patterns show that a previous support has remained in tact throughout the turmoil in the market. Established August 2019, the zone marks out our two entries on the asset.
A gap lower than that will mean a hefty stop loss, but this setup displays a much more remarkable upside.
🔸Current Price: 28sats
❇️Entry: 27sats, 23sats
🎯Take Profit: 38sats, 55sats, Open
♦️Stop Limit: 19sats (-24.16%)
PS - Like our work on Tradingview
TradingView
🎓#SpotTrade 🎓 $FUEL / BTC 🎓 for BINANCE:FUELBTC by HashedPlutus
🔸 Signal Info: Bitshares
Rank: #650
Exchange: Binance
Direction: LONG
🔸Analysis: Ether party has indeed seen better days. It has become heavily oversold, and it is dirt cheap now.
For a coin listed on Binance, is it right that it now sits at rank #650?…
Rank: #650
Exchange: Binance
Direction: LONG
🔸Analysis: Ether party has indeed seen better days. It has become heavily oversold, and it is dirt cheap now.
For a coin listed on Binance, is it right that it now sits at rank #650?…
🎓#SpotTrade 🎓
🎓 $COS / BTC - View Chart
🔸Signal Info: Contentos
Rank: #447
Exchange: Binance (Trade)
Direction: LONG
🔸Analysis: This is a straight up clean pattern, looks extremely tradeable with the way it has given off a bullish piercing candlestick on the daily. It had completely engulfed the previous red for a moment there.
Price is still battling this sharp angle, and there is a chance to grab a great entry before price makes the natural break on this pattern. We have 7/10 red candles. PXI indicator is hinting at an incoming crossover. Text book stuff, fib lines are in tune with the price action.
🔸Current Price: 75sats
❇️Entry: 75sats, 72sats
🎯Take Profit: 89sats, 106sats, 133sats
♦️Stop Limit: 67sats (-6-8%)
PS - Like our work on Tradingview
🎓 $COS / BTC - View Chart
🔸Signal Info: Contentos
Rank: #447
Exchange: Binance (Trade)
Direction: LONG
🔸Analysis: This is a straight up clean pattern, looks extremely tradeable with the way it has given off a bullish piercing candlestick on the daily. It had completely engulfed the previous red for a moment there.
Price is still battling this sharp angle, and there is a chance to grab a great entry before price makes the natural break on this pattern. We have 7/10 red candles. PXI indicator is hinting at an incoming crossover. Text book stuff, fib lines are in tune with the price action.
🔸Current Price: 75sats
❇️Entry: 75sats, 72sats
🎯Take Profit: 89sats, 106sats, 133sats
♦️Stop Limit: 67sats (-6-8%)
PS - Like our work on Tradingview
TradingView
🎓#SpotTrade 🎓 $COS / BTC 🎓 for BINANCE:COSBTC by HashedPlutus
🔸 Signal Info: Contentos
Rank: #447
Exchange: Binance
Direction: LONG
🔸Analysis: This is a straight up clean pattern, looks extremely tradeable with the way it has given off a bullish piercing candlestick on the daily. It had completely engulfed the previous…
Rank: #447
Exchange: Binance
Direction: LONG
🔸Analysis: This is a straight up clean pattern, looks extremely tradeable with the way it has given off a bullish piercing candlestick on the daily. It had completely engulfed the previous…
🎓#SpotTrade 🎓
🎓 $POWR / BTC - View Chart
🔸Signal Info: Power Ledger
Rank: #119
Exchange: Binance (Trade)
Direction: LONG
🔸Analysis: I have been stalking this Power Ledge chart for so long now. It has been the default chart that opens up on trading view for weeks now. I remember trading the asset shortly after the launch on Bittrex a long time ago. And I felt terrible for missing out on that wild 300% gain back in Feb.
There have been a few opportunities to trade the ripples on that price actions. Twice over some 50% + gain could have been achieved by simply trading the fib levels set out by that wicked spike.
These levels now give us the support and confidence to trade the real break at the culmination of this wedge. Our PXI indicator will be signaling a buy at any moment on this 12h time frame.
Market entries are a go up until 830sats, and a second entry bellow, a little closer to the confirmed 0.786 Fib. Stop is set at the break on that line.
🔸Current Price: 824sats
❇️Entry: Up to 830sats, 784sats
🎯Take Profit: 1095sats, 1260sats, 1630sats
♦️Stop Limit: 717sats (11.04%)
PS - Like our work on Tradingview
🎓 $POWR / BTC - View Chart
🔸Signal Info: Power Ledger
Rank: #119
Exchange: Binance (Trade)
Direction: LONG
🔸Analysis: I have been stalking this Power Ledge chart for so long now. It has been the default chart that opens up on trading view for weeks now. I remember trading the asset shortly after the launch on Bittrex a long time ago. And I felt terrible for missing out on that wild 300% gain back in Feb.
There have been a few opportunities to trade the ripples on that price actions. Twice over some 50% + gain could have been achieved by simply trading the fib levels set out by that wicked spike.
These levels now give us the support and confidence to trade the real break at the culmination of this wedge. Our PXI indicator will be signaling a buy at any moment on this 12h time frame.
Market entries are a go up until 830sats, and a second entry bellow, a little closer to the confirmed 0.786 Fib. Stop is set at the break on that line.
🔸Current Price: 824sats
❇️Entry: Up to 830sats, 784sats
🎯Take Profit: 1095sats, 1260sats, 1630sats
♦️Stop Limit: 717sats (11.04%)
PS - Like our work on Tradingview
TradingView
🎓#SpotTrade 🎓 $POWR / BTC 🎓 for BINANCE:POWRBTC by HashedPlutus
🔸 Signal Info: Power Ledger
Rank: #119
Exchange: Binance
Direction: LONG
🔸Analysis: I have been stalking this Power Ledge chart for so long now. It has been the default chart that opens up on trading view for weeks now. I remember trading the asset shortly…
Rank: #119
Exchange: Binance
Direction: LONG
🔸Analysis: I have been stalking this Power Ledge chart for so long now. It has been the default chart that opens up on trading view for weeks now. I remember trading the asset shortly…
🎓#SpotTrade 🎓
🎓 $STORJ / BTC - View Chart
🔸Signal Info: Storj Labs
Rank: #173
Exchange: Binance (Trade)
Direction: LONG
🔸Analysis: I short listed Storj last night, and it blew out the first target while I was working on the chart. To my dismay, I was a bit late on that signal, but today I see that the asset has return to the initial buy zone and the candle closed green after all that.
On the larger time frame, I see that the most prominent formation appears to be a flat channel which we could trade back and forth with a max target at about 38%. An entry re-fill strategy is appropriate here. No indicators presented on this chart. It doesn't seem necessary with the way the assets is respecting these horizontals.
🔸Current Price: 1325sats
❇️Entry: Up to 1330sats, 1270sats
🎯Take Profit: 1530sats, 1760sats, 2240sats
♦️Stop Limit: 1220sats (-6.15%)
PS - Like our work on Tradingview
🎓 $STORJ / BTC - View Chart
🔸Signal Info: Storj Labs
Rank: #173
Exchange: Binance (Trade)
Direction: LONG
🔸Analysis: I short listed Storj last night, and it blew out the first target while I was working on the chart. To my dismay, I was a bit late on that signal, but today I see that the asset has return to the initial buy zone and the candle closed green after all that.
On the larger time frame, I see that the most prominent formation appears to be a flat channel which we could trade back and forth with a max target at about 38%. An entry re-fill strategy is appropriate here. No indicators presented on this chart. It doesn't seem necessary with the way the assets is respecting these horizontals.
🔸Current Price: 1325sats
❇️Entry: Up to 1330sats, 1270sats
🎯Take Profit: 1530sats, 1760sats, 2240sats
♦️Stop Limit: 1220sats (-6.15%)
PS - Like our work on Tradingview
TradingView
🎓#SpotTrade 🎓 $STORJ / BTC 🎓 for BINANCE:STORJBTC by HashedPlutus
🔸Signal Info: Storj Labs
Rank: #173
Exchange: Binance
Direction: LONG
🔸Analysis: I short listed Storj last night, and it blew out the first target while I was working on the chart. To my dismay, I was a bit late on that signal, but today I see that the asset…
Rank: #173
Exchange: Binance
Direction: LONG
🔸Analysis: I short listed Storj last night, and it blew out the first target while I was working on the chart. To my dismay, I was a bit late on that signal, but today I see that the asset…
https://www.tradingview.com/x/6H39NXem/
Bitcoin dominance : Should the dominance touches the 70% again?
The Bitcoin dominance rate has reached a significant resistance area and decreased afterward as a result. The fact that it is trading inside a bearish pattern makes a breakdown likely. So, here is the more detail technical analysis anf the logic of it.
First thing first, I want to cover the technical analysis of bitcoin dominance first. Looking at the chart applied, currently it's testing the red dynamic line which is the 200 moving average as the dynamic resistance for bitcoin. Right after it touched this dynamic resistance, the price action is showing bearish action with a bearish engulfing candle has formed. Beside the price action perspective, I'm very interested in the potential of the bear flag pattern to form. And because of these confluence reasons of the technical analysis, I must deduce that breaking down of the huge uptrend channel is likely at current condition.
Looking at this potential rate of the bitcoin dominance to move lower, there will be 2 potential condition that correlate with current condition. the first scenario is the potential of money outflow in bitcoin, which will drive the price of bitcoin to go lower. And the 2nd scenario is the potential of money inflow in altcoin market, which will drive both of altcoin and bitcoin's price to go higher which coming closer to the equilibrium between alts and bitcoin.
If the 2nd scenario occurs, I will look to buy the coins such as XRP, TRX, ETH and BNB to collect to catch the potential huge profit.
Bitcoin dominance : Should the dominance touches the 70% again?
The Bitcoin dominance rate has reached a significant resistance area and decreased afterward as a result. The fact that it is trading inside a bearish pattern makes a breakdown likely. So, here is the more detail technical analysis anf the logic of it.
First thing first, I want to cover the technical analysis of bitcoin dominance first. Looking at the chart applied, currently it's testing the red dynamic line which is the 200 moving average as the dynamic resistance for bitcoin. Right after it touched this dynamic resistance, the price action is showing bearish action with a bearish engulfing candle has formed. Beside the price action perspective, I'm very interested in the potential of the bear flag pattern to form. And because of these confluence reasons of the technical analysis, I must deduce that breaking down of the huge uptrend channel is likely at current condition.
Looking at this potential rate of the bitcoin dominance to move lower, there will be 2 potential condition that correlate with current condition. the first scenario is the potential of money outflow in bitcoin, which will drive the price of bitcoin to go lower. And the 2nd scenario is the potential of money inflow in altcoin market, which will drive both of altcoin and bitcoin's price to go higher which coming closer to the equilibrium between alts and bitcoin.
If the 2nd scenario occurs, I will look to buy the coins such as XRP, TRX, ETH and BNB to collect to catch the potential huge profit.