Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
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Analysing the past to capitalize the future.
Not financial advice
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#BTC/USDT (Quick Update) ‼️
Breaking This support Would Invite $8700 - $8800 Support Level
⚠️ Bitcoin's CME Has Already Closed Yesterday at $9195

Live BTC Price : $8916
(Binance)
Very Likely To Open With a Gap Tomorrow if BTC Doesn't Pulls Back
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.
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!
#TOTAL (Crypto Total Market Cap) ‼️

Crypto Total Market Cap Has Been Tightly Holding The Lower Level Of Rising Channel,
Testing it For Continues 4th Time.
(The More it Tests, More Weaker it Becomes.)

Which Looks Very Similar To The Past One Indicating For a Coming Possible Sell Off For Completing The Correction,
After a Tiny Jump.

Expected Reaction Time Frame : 3-4 Days
#BTCUSDT (Bitcoin) ‼️

Bitcoin is Testing Out it's Major Up-TrendLine Support On Daily Chart For The 4th Time.
This Time Undergoing Consolidation Which Makes it Look BEARISH

Anyhow Still Bulls Are Expected To Make a Last Attempt For Bullishness,
Bitcoin Failing Close Above $9450 On Daily Chart Confirms For Strong Bears.
Another 1D Candle Testing & Failing To Breakabove $9450 Would Lead For The Correction Wave To Play Out.

Total Crypto Market Cap & Bitcoin Are Very Much Connected To Each Other,
Expected Decision Time Frame : 3-4 Days
#OTHERS.D (ALTs Market Cap) ‼️

Market Cap Others Dominance is Facing Heavy Resistance at it's Previous Rest Level.
if Gets a Rejection Here,
it Will To Go For Correction Along With Bitcoin & Market Cap.
This Correction Wave is Also Important For ALTs Market To Get Refreshed For New Volume & Big Investors (Whales) To Get in.

Once This Correction is Over,
As Per T.A. Once Again ALTs Season Would Start Having Same Or Potential as Of Past 2018 Bull Run Market.

Wait....
Don't Get Excited ;)
Current Scenario Projects For an Upcoming Correction in ALTs & Also, We Have Already Seen Very Much Pump in ALTs Since Past Few Days.
⚠️ if You Are Holding Any Bag Of ALTs Must Have StopLoss.
Soon Within 2-3 Days We Would See The Correction Wave Playing Out After a Rejection.
Short-Term ALTs Traders
Keep ETH/BTC On Our Eye Spot,

Ethereum / Bitcoin Reaching Out 0.0239 Would Begin The Correction in ALTs
So, Don't Forget To Dump Your ALTs Bag There Or Simply HODL With S.L.

↪️ Note : ALTs Market Follows ETH/BTC
https://www.tradingview.com/x/DKcPhQIJ/

Bitcoin : Looking for local break out

Hello all, here is the analysis of bitcoin's for short term.

Today I will try to cover the movement from the lower time frame of bitcoin. That is the 4 hours chart that I've applied. Every time we want to look for a break out, there will always be a crucial trend line that could drive the price. Based on this chart, there are 2 crucial trend line that could be the crucial factor for short term momentum.

Currently, the price is trying to break out of the first trend line which is the closest one from the price and acts as a resistance too. Once the price can breaks this resistance trend line, there is a potential test toward the next resistance trend line which has the confluence with previous price action around $9250 - $9350 region.

Second thing I want to give the highlight is that the RSI in the 4 hours chart is now entering the neutral zone from the bearish zone which is above the 40 level. This is a good sign for potential shifting in momentum from the previous bearish to neutral zone in the short term.

We will see the price to moves closer to the APEX which is the edge between the strong support and the closest resistance trend line. From there, we will see whether the price can breaks out of this trend line or not.
#BTC/USDT (Binance Futures) ‼️

SHORT
Leverage : 10x

Entry : $9020 - $9065
TP(s) : $8970 | $8920 | $8881 | $8840 | $8800 | $8780

StopLoss : $9127
( #Scalping_Trade )
CME Gap Filled Forcefully

Still I'm Bearish Over This,
Since Bitcoin Completely Ignored Re-Test.
Trend is Weak, Could Possible Dump 📉
( Not Recommended To SHORT)
More Dump is Expected To Occur in ALTs
Have StopLoss & Chill Out 🥂
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
https://www.tradingview.com/x/DKcPhQIJ/ Bitcoin : Looking for local break out Hello all, here is the analysis of bitcoin's for short term. Today I will try to cover the movement from the lower time frame of bitcoin. That is the 4 hours chart that I've…
https://www.tradingview.com/x/mHSOLdDe/

Bitcoin actually touches the anticipated region. For the next moves, it can have a potential spike to the upside considering this as a golden pocket or liquidation zone for bitcoin. A lot of short will occurs at this green region that's why we must anticipate a potential volatility in near future. For bitcoin, I haven't seen any sign of weakening even it's for micro degree.
https://www.tradingview.com/x/ufN1YLQ7/

Bitcoin Dominance, worth to see

It's been several weeks that I don't cover the analysis of bitcoin dominance. Currently the bitcoin dominance is still trending at its neutral zone which is around 67% level which leave it unbiased. With the chart applied, we can easily deduce that the up trend channel is the crucial factor that hold the dominance as well. Dominance has showed us 2 attempts of breaking down the lower line of the channel since February 2020 but both attempts ended up with a bounce, a good bounce.

Just like what we've seen here, the bounce from the lower trend line however is a good thing for bitcoin itself. Yes, bitcoin is having the positive correlation with the movement of bitcoin dominance. The mechanism of money inflow and increasing degree of trust on bitcoin makes the positive sentiment occur on bitcoin itself.

Even though it's good for bitcoin, but it's clearly become a hard time for Altcoins market. A money inflow in bitcoin means money outflow for Altcoins, which potentially the blood bath will occur on Altcoin market especially with btc pair.

For short term, due to a combination of higher high and higher low pattern, I'll expect a spike of dominance to higher level maybe around the 70% level. But, to reach the ideal equilibrium in the market, I will still projected the long term drop of the bitcoin dominance to breaks below the lower line of the channel to back to 50% dominance again.
🎓#SpotTrade 🎓
🎓 $RVN / BTC - View Chart

🔸Signal Info: Raven Coin
Rank: #53
Exchange: Binance (Trade)
Direction: LONG

🔸Analysis: Raven coin is always a good coin to look at when market cycles are changing. It might not always be the first out of the block but when it does move, it get much volume and steady quick growth. The upside potential on RVN is just absolutely ridiculous here. I have measured out only the first target for now at a whooping 48%. If things really do play out in our favour, then there will be plenty of time to celebrate those other victories in the future! Lets see the Raven take to the skies 🦅

🔸Current Price: 217sats
❇️Entry: 195sats, 220sats
🎯Take Profit: 307sats, 431sats, 669sats
♦️Stop Limit: 162sats (-21.5%)