And off she goes. 🚀

All target hit on BLZ. About 25% profit. Great going champs

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

1 Hour time frame : A consolidation pattern and APEX

Hello all, here we go again with the perspective on the small time frame and the lower degree of the price movement. This will be a very useful analysis for the day trader as well.

I just want to cover this analysis on the intraday basis which is for short term use, The most important thing is the asymmetrical triangle which gives the indication of consolidation pattern is now in play.

With the price comes closer to the APEX of the triangle, we'll see the volatility very soon. Breaks out of the upper line will bring the price to the $9600 and breaks below the support trend line will bring the price to the $9000 again.

$BLZ and $BRD

Now here is some baby math for you. Even if you invested $100 in each of these calls, you would have made enough to pay for the lifetime access of Plutus eXploration Index. Why wait all day for a few signals from the channels when you can trade your own clock all day?

Head to HashedPlutus.com to grab the limited period offer.

For the number geeks, here are the results from early 2020

Come on $BTC show some life

Bam bam baby!

https://www.tradingview.com/x/6lqTVyUC/

Bitcoin : Weekly Perspective and levels

The weekly chart of bitcoin is going to close in the next few hours from I write this post. However, current form is now enough to anticipate the weekly close as well. Now, I want to cover the analysis on this time basis and explain some important levels that could give the significant factor for bitcoin's movement in the future.

Looking at the chart, it's clear that the price is now trending above the yellow resistance trend line as the exactly 1 year resistance trend line. There could be 2 potential future movement in current rate. The first potential factor to occur is that current movement is the bulls trap which traps the most of the long position and we'll see it comes back to the area below the yellow resistance trend line. The 2nd probability is that this is the real break out from the yellow trend line and we have to wait more patient to confirms the up trend moves.

We can't deny that currently the price is still trending slightly under the strong resistance. This resistance includes so many factors in it. There were a crucial zone on previous price action, Psychological number of $10000 and the Golden pocket zone as resistance. That's why current price action which is going back and forth between $10000 - $9000 is very ideal knowing the resistance that the price faces is a very very very strong. But, look at the other side when the price is able to breaks this resistance, we'll see a fantastic movement to the upside and this could be the beginning of the new rally to breaks the ATH. Next resistance if we can breaks this region is the $13000.

Down she goes. Blood on the streets.

https://www.tradingview.com/x/lkK1kZjR/

The beauty of price action, retest the golden pocket soon

Bitcoin is looking so bullish lately. With a type of hammer candle on daily chart, you all know that the bear trap is in play as well. The price has claimed back the support trend line on the ascending triangle as well. With a type of this wick toward the down side, making the bulls take over control from the bears.

Looking at the price, We can easily deduce that there is still potential test toward the upside one more time. The ticking up from the MACD has shown us the momentum for the bulls is gaining now. The other fact of my confluence reasons is that the price has already broken out of the yellow resistance trend line which is becoming the strongest resistance trend line for now. It's now breached this trend line and the last hammer candle could be the confirmation of phase 2 break out strategy which is retesting previous broken resistance as support.

I'll target the golden pocket zone around $10000 - $10330 as the first target and the next target will be around $11600 region. a bull run is going to happen soon! Just wait until the price breaks out of the golden pocket and the retest toward ATH will occur.

$BTC Liquidation Levels

#BTC/USDT (Binance Futures) ‼️

SHORT
Leverage : 10x

Entry Zone :
$9540 - $9560
TP(s) :
$9450 - $9380 - $9290 - $9185 - $9090 - $9035

StopLoss : $9616

$9600 Level is a Crucial One...
Decision Maker.
Until it's Safe,
Bitcoin is Trading Under Bears Territory

https://www.tradingview.com/x/lz4pDR6p/

It's getting closer for the next bull run, Expecting ATH

Back at the March 2020, when the total market capitalization has touched its local bottom at the same level of interim swing low at 2018. At that time, a lot of traders called a further dip for bitcoin and the entire crypto space, but once again the majority will always lose! Now, by the time goes, the market capitalization has its bounce and is now testing the most crucial levels in the market.

The first level which I want the crypto market cap to watch is the resistance trend line which has occurred since June 2019. With yesterday's bitcoin claimed back to the support trend line as, there are some huge net buy coming and indicate the money inflow for crypto market capitalization in near future. With this type of projection, you know that there is a possibility for the market capitalization to breaks out of this trend line as well.

The second level will be more crucial than the first one. The second level is simply the previous broken support that is now becoming resistance for the market capitalization. It's around $350 Billion. We've seen several attempts for breaking out of this level previously but always ended up with a rejection and bullish trap. From now on, I will wait for the confirmation of the market cap to breaks out from this level. Once it's done, we'll see the significant increase of volume and money inflow in the cryptocurrency universe. At that time too, we'll see another potential ATH on most of the strongest coin in the market.

💸Hashed Education💸

Keep in mind that if you use a position size for your trades, RISKING only 1% of your Portfolio per trade aiming for a RISK:REWARD of 1:3, your Breakeven Win Rate is 25%...

This means that you can actually lose 75 times out of 100 trades and win only 25 without being in loss. You would break even.

If you improve your win ratio to 50 winning trades out of 100 (still aiming for 1:3 R:R) and lose same amount of trades (50), you will still double up your portfolio which will be 100% up!!!

Let's do the math (this is not a compound strategy example):

My portfolio is worth $10,000. I want to make 100 trades with R:R=1:3 so 1% RISK ($100) to win 3 times REWARD ($300).

First 50 trades are winners then the other 50 trades are losers.

👑 Portfolio = $10,000

😁 50 win trades * $300 = $15,000

😪 50 losers trades * $100 = -$5,000

🤑 $10,000+$15,000-$5000= $20,000 (My portfolio is now 100% UP and I lost 50 trades out of 100!!!)

Learning Outcome: Losing a trade is NOT the end of the world if you are following a plan with a risk management and a position sizing strategy!

@hashedplutus Baby!

Today competition in mining hardware is increasing, with strong products from new players like MicroBT gaining traction and eating into Bitmain’s lead. MicroBT’s 2019 share is believed to have been around 35%. However, Bitmain remains the number one player and a force to be reckoned with.

#BTC/USDT

Eyes On This 1Hr Pennant
"Bitcoin" Seems To Be Holding & Facing Resistance From The Exact Levels Of The Pennant.

$BLZ is a pure beast. Topping at over 100% profit from the call