https://www.tradingview.com/x/Jw19qkRk/
Bitcoin : The closest short term support
The chart however has shown us everything in a very clear for me. The latest drop was because of the previous unbroken resistance that can't be broken as well. This is the consequence of trending at the resistance for too long without any action of broken out. Based on the psychological factor, if the price trends for too long near the support or resistance, there will be a saturation from the stakeholder and they are getting tired which makes them out of their position. This thing has happened lately with a signature move of $200 drop in the last 4 hours.
Based on the previous action, there are at least 4 attempts that try to breaks the resistance but it ends up in failure. Because of this thing, I do believe that the bears are now trying to push lower in the market.
The RSI and the price action look so bearish with the potential of breaking down of the first support. If the price can breaks down current support, there will be a move lower toward the S2 which moves align with the lower line of the channel acting as a support trend line. This S2 is the real support level for the decision maker whether the bear will take over control or the bulls will defend it.
Bitcoin : The closest short term support
The chart however has shown us everything in a very clear for me. The latest drop was because of the previous unbroken resistance that can't be broken as well. This is the consequence of trending at the resistance for too long without any action of broken out. Based on the psychological factor, if the price trends for too long near the support or resistance, there will be a saturation from the stakeholder and they are getting tired which makes them out of their position. This thing has happened lately with a signature move of $200 drop in the last 4 hours.
Based on the previous action, there are at least 4 attempts that try to breaks the resistance but it ends up in failure. Because of this thing, I do believe that the bears are now trying to push lower in the market.
The RSI and the price action look so bearish with the potential of breaking down of the first support. If the price can breaks down current support, there will be a move lower toward the S2 which moves align with the lower line of the channel acting as a support trend line. This S2 is the real support level for the decision maker whether the bear will take over control or the bulls will defend it.
#ALTBTC charts are mostly in downtrend in last 900-1000 days. It is really tough for crypto community. Market has cycle. In my view, almost alt/btc charts have completed full of macro cycle Uptrend=> Distribution => Downtrend => Accumulation and Now we are ready for a new cycle for next few years.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
https://www.tradingview.com/x/Jw19qkRk/ Bitcoin : The closest short term support The chart however has shown us everything in a very clear for me. The latest drop was because of the previous unbroken resistance that can't be broken as well. This is the consequence…
Daddy told ya, now at the S1. Let's see how this plays out. Remember, No man went broke taking profits.
🏆 Engagement Contest 🏆
Today we stand proud with our success in the in the Okex video contest! We have been ranked #2 amongst some very tough competition. The team could not be more pleased, and we have not forgotten that me must also give thanks to our members who left such great comments for us.
Prizes Announcements: 22/05/2020
We aim to invest a portion of the winnings into our organization, and to keep building up the name Hashed Plutus!
View our competition submission here: Twitter post
Today we stand proud with our success in the in the Okex video contest! We have been ranked #2 amongst some very tough competition. The team could not be more pleased, and we have not forgotten that me must also give thanks to our members who left such great comments for us.
Prizes Announcements: 22/05/2020
We aim to invest a portion of the winnings into our organization, and to keep building up the name Hashed Plutus!
View our competition submission here: Twitter post
https://www.tradingview.com/x/UA2rgXki/
Bitcoin : Free fall if we breaks the S3
Hello all, here is another analysis of bitcoin's movement in the future. Watch and enjoy it!
The chart has shown us a clear sign of the bearish structure that could be in play. A lot of factors that could easily identify the bears are in full control for now. One of them is the size of the red candle which is the most significant comparing to all factors. The size of the red candle lately are getting bigger and bigger. This fact shows us that the bears work so good to print the net sell in volume.
Yesterday's anticipated region has finally been touched with a style. Just like what I've said previously the S2 whatsoever is like a magnet which is having an alignment with the lower line of the channel. You can see, the price is now trending above it.
I add another closest support with the S2 which is the S3 as the area for us to identify the bear trap region. This is another strong and crucial support of bitcoin if the S2 can't hold the price for now. Breaks below this support can bring the price to a free fall toward $7400 - $7200 region because there isn't any significant level of support between the S3 and the $7400. That's why we might be very aware of this movement.
Bitcoin : Free fall if we breaks the S3
Hello all, here is another analysis of bitcoin's movement in the future. Watch and enjoy it!
The chart has shown us a clear sign of the bearish structure that could be in play. A lot of factors that could easily identify the bears are in full control for now. One of them is the size of the red candle which is the most significant comparing to all factors. The size of the red candle lately are getting bigger and bigger. This fact shows us that the bears work so good to print the net sell in volume.
Yesterday's anticipated region has finally been touched with a style. Just like what I've said previously the S2 whatsoever is like a magnet which is having an alignment with the lower line of the channel. You can see, the price is now trending above it.
I add another closest support with the S2 which is the S3 as the area for us to identify the bear trap region. This is another strong and crucial support of bitcoin if the S2 can't hold the price for now. Breaks below this support can bring the price to a free fall toward $7400 - $7200 region because there isn't any significant level of support between the S3 and the $7400. That's why we might be very aware of this movement.
🏆 Contest winners 🏆
Its time that we announce the winners of the engagement contest. The entries were shuffled and selected by an online tool, and it provides the proof of selection for all to see. Fair is fair, and here are our 3 winners!
1st Prize: @jctomic - link
2nd Prize: @Kellione - link
3rd Prize: @Blockchain_Bobby - link
Congratulations! Thank you to everyone who took part.
The team will be in touch about prize distributions.
Its time that we announce the winners of the engagement contest. The entries were shuffled and selected by an online tool, and it provides the proof of selection for all to see. Fair is fair, and here are our 3 winners!
1st Prize: @jctomic - link
2nd Prize: @Kellione - link
3rd Prize: @Blockchain_Bobby - link
Congratulations! Thank you to everyone who took part.
The team will be in touch about prize distributions.
https://www.tradingview.com/x/foTdV1jw/
Bitcoin : Break out strategy and choppy market during weekend
Hello all and Happy Saturday, bitcoin has shown us a bounce since it touches the S2 which moves align with the lower line of the channel as support trend line. Now, what would be the next moves? Let's focusing on the analysis below.
First of all, I want you all to look at the S1 that I extend to the previous period. You can see that current was holding a crucial price action. There were at least 4 times this level gave feed back back at the previous price action since April 2020. 2 of them was becoming a strong support zone before it has broken down at May 21st. Because of this breaks, there could be current action is the phase 2 of break out strategy which is retesting the previous broken support as a resistance now. The S1 which was becoming a crucial support currently should become a crucial resistance.
Another thing that I want to anticipate is the potential of choppy market to occur. Today is Saturday and it's coming closer to the weekly candle closes which is in the next 2 days. Usually, we will see a very choppy movement in the market during this time to make sure how will the weekly candle close. I personally looking for a break out from the lower line of the channel to confirm this breaks down and I believe that this action could occur near the weekly candle close. I suggest you to enjoy your weekend and stay away from the market to avoid the liquidation of this potential choppy movement
Bitcoin : Break out strategy and choppy market during weekend
Hello all and Happy Saturday, bitcoin has shown us a bounce since it touches the S2 which moves align with the lower line of the channel as support trend line. Now, what would be the next moves? Let's focusing on the analysis below.
First of all, I want you all to look at the S1 that I extend to the previous period. You can see that current was holding a crucial price action. There were at least 4 times this level gave feed back back at the previous price action since April 2020. 2 of them was becoming a strong support zone before it has broken down at May 21st. Because of this breaks, there could be current action is the phase 2 of break out strategy which is retesting the previous broken support as a resistance now. The S1 which was becoming a crucial support currently should become a crucial resistance.
Another thing that I want to anticipate is the potential of choppy market to occur. Today is Saturday and it's coming closer to the weekly candle closes which is in the next 2 days. Usually, we will see a very choppy movement in the market during this time to make sure how will the weekly candle close. I personally looking for a break out from the lower line of the channel to confirm this breaks down and I believe that this action could occur near the weekly candle close. I suggest you to enjoy your weekend and stay away from the market to avoid the liquidation of this potential choppy movement
#EOS/USDT (Binance Futures) ‼️
SHORT
Leverage : 10x
Entry : $2.630 - $2.645
TP(s) : $2.61 | $2.595 | $2.570 | $2.550 | $2.525
StopLoss : $2.675
(#Scalping_Trade)
SHORT
Leverage : 10x
Entry : $2.630 - $2.645
TP(s) : $2.61 | $2.595 | $2.570 | $2.550 | $2.525
StopLoss : $2.675
(#Scalping_Trade)
https://www.tradingview.com/x/D1RIOrfW/
#BTC.D
Bullish Trend in ALTs is Expected To Continued For Coming Few More Days
Bitcoin's Dominance Still Needs a Solid Rejection Daily Chart For an ALTs Season
#BTC.D
Bullish Trend in ALTs is Expected To Continued For Coming Few More Days
Bitcoin's Dominance Still Needs a Solid Rejection Daily Chart For an ALTs Season
#ATOM/BTC
Mid Term Trade
Cosmos is One Of Few ALTs That Haven't Grown Much.
Holding Previous Year's Support Level
ATOM Can Deliver a Very Good Return With The Best R/R.
You Can Have a Small Bag 💰
Accumulate Between : 2700 - 2800
Mid Term Targets : 3080 | 3350 | 3640 | 3920 | 4200 | 4450 | 4750 | 5000
StopLoss : -10% From Your Entry
Mid Term Trade
Cosmos is One Of Few ALTs That Haven't Grown Much.
Holding Previous Year's Support Level
ATOM Can Deliver a Very Good Return With The Best R/R.
You Can Have a Small Bag 💰
Accumulate Between : 2700 - 2800
Mid Term Targets : 3080 | 3350 | 3640 | 3920 | 4200 | 4450 | 4750 | 5000
StopLoss : -10% From Your Entry
#AION On Binance ‼️
Brokeout Resistance
Holding Strong Support at 1000 Satoshi Level
Re-Testing Support...
Can Potentially Move Upward From Here
Low Risk Call
Buy a Small Bag 💰
1st Entry : 1020 - 1030
2nd Entry : 1000
TP(s) : 1080 | 1130 | 1180 | 1230 | 1285
StopLoss : 984
Brokeout Resistance
Holding Strong Support at 1000 Satoshi Level
Re-Testing Support...
Can Potentially Move Upward From Here
Low Risk Call
Buy a Small Bag 💰
1st Entry : 1020 - 1030
2nd Entry : 1000
TP(s) : 1080 | 1130 | 1180 | 1230 | 1285
StopLoss : 984
https://www.tradingview.com/x/lfuG0nuB/
#BTC/USDT (Quick Update) ‼️
Breaking This support Would Invite $8700 - $8800 Support Level
#BTC/USDT (Quick Update) ‼️
Breaking This support Would Invite $8700 - $8800 Support Level
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
🎓#SpotTrade 🎓 🎓 $PHB / BTC - View Chart 🔸Signal Info: Red Pulse Phoenix Rank: #696 Exchange: Binance (Trade) Direction: LONG 🔸Analysis: Red Pulse Pheonix is showing opportunities for massive profits. The trend might very well be turning here. With the…
🎓#TradeUpdate 🎓
🎓 $PHB / BTC - View Chart
🔸Signal Info: Red Pulse Phoenix
Rank: #605 (Starting #696)
Exchange: Binance (Trade)
Direction: LONG
🎯Status: Huge profits on a perfect signal. First target got cleared, and our second ambitious target fell short by only 3 sats! +53% profit in the bank 💰
🔸Current Price: 43sats
❇️Entry: 26sats, 22sats
🎯Take Profit: 37sats, 50sats, 70sats
♦️Stop Limit: 24sats (0%)
🎓 $PHB / BTC - View Chart
🔸Signal Info: Red Pulse Phoenix
Rank: #605 (Starting #696)
Exchange: Binance (Trade)
Direction: LONG
🎯Status: Huge profits on a perfect signal. First target got cleared, and our second ambitious target fell short by only 3 sats! +53% profit in the bank 💰
🔸Current Price: 43sats
❇️Entry: 26sats, 22sats
🎯Take Profit: 37sats, 50sats, 70sats
♦️Stop Limit: 24sats (0%)
TradingView
🎓#TradeUpdate 🎓 $PHB / BTC 🎓 for BINANCE:PHBBTC by HashedPlutus
🔸Signal Info: Red Pulse Phoenix
Rank: #605 (Starting #696)
Exchange: Binance
Direction: LONG
🎯Status: Huge profits on a perfect signal. First target got cleared, and our second ambitious target fell short by only 3 sats! +53% profit in the bank 💰
🔸Current…
Rank: #605 (Starting #696)
Exchange: Binance
Direction: LONG
🎯Status: Huge profits on a perfect signal. First target got cleared, and our second ambitious target fell short by only 3 sats! +53% profit in the bank 💰
🔸Current…
https://www.tradingview.com/x/TnE7IfxG/
Bitcoin : The fibonacci rules of thumb
Bitcoin has shown an impairment of its value with today's drop from the high of $9300 region to the low of $8620. Based on the daily perspective, the price however is trending above the .236 fibonacci retracement level. Is this a strong support?
A lot of traders may assume that the .236 fibonacci retracement is not a significant level based on the fibonacci rules of thumb. The most significant levels that I personally use is the .382 , golden ratio and the .786 . But, I do believe that there is a confluence factors that can make this support as a strong support as well. Based on this chart applied, you can see at least 2 confluence factors that can give us a new parameter and consider this as a strong support. The first factor is it moves align with the support trend line that has held the price since March 2020 and the 2nd factor is this horizontal line was becoming a strong support back at the period between January 14th - March 7th which the price formed a Head and Shoulder pattern which was a crucial pattern that is still related with today's movement.
However, I'll look at this crucial level of support for now. If the price can breaks of this strong support, I'll expect a drop toward the next fibonacci level which is the .382 , golden ratio and the .786 level. You can see the blue region as my crucial level of support to watch or the target of short term drop if I can catch the short when the price breaks down of this white support trend line.
Bitcoin : The fibonacci rules of thumb
Bitcoin has shown an impairment of its value with today's drop from the high of $9300 region to the low of $8620. Based on the daily perspective, the price however is trending above the .236 fibonacci retracement level. Is this a strong support?
A lot of traders may assume that the .236 fibonacci retracement is not a significant level based on the fibonacci rules of thumb. The most significant levels that I personally use is the .382 , golden ratio and the .786 . But, I do believe that there is a confluence factors that can make this support as a strong support as well. Based on this chart applied, you can see at least 2 confluence factors that can give us a new parameter and consider this as a strong support. The first factor is it moves align with the support trend line that has held the price since March 2020 and the 2nd factor is this horizontal line was becoming a strong support back at the period between January 14th - March 7th which the price formed a Head and Shoulder pattern which was a crucial pattern that is still related with today's movement.
However, I'll look at this crucial level of support for now. If the price can breaks of this strong support, I'll expect a drop toward the next fibonacci level which is the .382 , golden ratio and the .786 level. You can see the blue region as my crucial level of support to watch or the target of short term drop if I can catch the short when the price breaks down of this white support trend line.
https://www.tradingview.com/x/tW9tXY10/
Long term portfolio : 1200% projected return
Hello all, this time I'll cover one of my portfolio which is my favorite coins for long term hold. The coin is Ethereum. I will cover on both fundamental and technical analysis.
Ethereum is the 2nd favorite coins and the 2nd coins which has the most market capitalization. Since its initial offering, Ethereum has gained on a tremendous value of dollar. So far, Ethereum becomes the mosst favorable platform that a lot of coin's developers use. Beside that, the nature of Ethereum is still a decentralized one which There is no company or centralized organization that controls Ethereum. Ethereum is maintained and improved over time by a diverse global community of contributors who work on everything from the core protocol to consumer applications.
Beside all of the fundamental reasons I've mentioned above, the main and the most important reasons for me to make ETH as one of my biggest portfolio is that Ethereum is backed by multiple fortune 500 company and large financial institution. Let's say microsoft, Intel, back of America is the 3 of biggest name that has backed Ethereum. People say that the purpose of cryptocurrency is to substitute the traditional money. But, come on let's be realistic! The most and the biggest money circulation in the world is managed by the central bank in every country, this means they have everything they need to control the whole financial aspects. For me, the most realistic way is to walk and move together with this financial institution with synergy to complete each other. Ethereum is one of the biggest coins that do this action.
From the technical analysis perspective, the price of the Ethereum is now trending near the historical bottom and I do think that this time is the right time for you to do a dollar cost averaging to this asset. Let's say it can breaches the white resistance trend line, there are 2 major horizontal resistance that is very crucial. the closest one is the $800 area and the 2nd one is the $1300 area. I mean, it's 650% for the closest one! this is huge comparing with your risk to reward. Buy now, do the dollar cost averaging and hold it for 1 or 2 years, you will become a billionaire! I'm the Ethereum Enthusiast!
Long term portfolio : 1200% projected return
Hello all, this time I'll cover one of my portfolio which is my favorite coins for long term hold. The coin is Ethereum. I will cover on both fundamental and technical analysis.
Ethereum is the 2nd favorite coins and the 2nd coins which has the most market capitalization. Since its initial offering, Ethereum has gained on a tremendous value of dollar. So far, Ethereum becomes the mosst favorable platform that a lot of coin's developers use. Beside that, the nature of Ethereum is still a decentralized one which There is no company or centralized organization that controls Ethereum. Ethereum is maintained and improved over time by a diverse global community of contributors who work on everything from the core protocol to consumer applications.
Beside all of the fundamental reasons I've mentioned above, the main and the most important reasons for me to make ETH as one of my biggest portfolio is that Ethereum is backed by multiple fortune 500 company and large financial institution. Let's say microsoft, Intel, back of America is the 3 of biggest name that has backed Ethereum. People say that the purpose of cryptocurrency is to substitute the traditional money. But, come on let's be realistic! The most and the biggest money circulation in the world is managed by the central bank in every country, this means they have everything they need to control the whole financial aspects. For me, the most realistic way is to walk and move together with this financial institution with synergy to complete each other. Ethereum is one of the biggest coins that do this action.
From the technical analysis perspective, the price of the Ethereum is now trending near the historical bottom and I do think that this time is the right time for you to do a dollar cost averaging to this asset. Let's say it can breaches the white resistance trend line, there are 2 major horizontal resistance that is very crucial. the closest one is the $800 area and the 2nd one is the $1300 area. I mean, it's 650% for the closest one! this is huge comparing with your risk to reward. Buy now, do the dollar cost averaging and hold it for 1 or 2 years, you will become a billionaire! I'm the Ethereum Enthusiast!