This is so much fun. Watching the whole market tank while I get back from the vacation. Perfect reboot.

Load in the fiat to catch your favorite Altcoins for pocket change. It's funny how I have 3 different stable coins in the same wallet.

Haha the scalp turned to be a biggie.

XMR/BTC Analysis
https://www.coinigy.com/s/i/5cae5041ed73d/

Monero has been named the King of privacy coins by many authors. It is a base pair for 100's of forked coins, favored by miners & not to be overlooked when to bull market is off and running. It’s a sleeping dragon for sure.

A couple coincidences called my attention to XMR.

A friend told me about “The pirate bay” using users CPU power to mine XMR. Some websites have turned to mining as an alternative to ads revenue and payment walls, and I think this is brilliant.
https://news.bitcoin.com/the-pirate-bay-is-again-using-users-cpus-to-mine-xmr/

I came across data that Binance research put out regarding the BTC/KRW pair. This data presents insights into the influence the Korean market has over the crpto space.
https://twitter.com/BinanceResearch/status/1116011801706213376

I had my eyes on XMR days before BTC broke out, pump alerts where triggered. In the sea of activity since then I hadn’t looked back, until now. Ok, coinmarketcap, XMR, markets – where is the volume?

Turns out that about 48% of volume occurs on the XMR/KRW pair on Bithumb. This particularly interesting because the coin started a substantial pump 7 days before BTC $5k+ breakout. Did they know? Anyhow, bullish sentiment has not left this pair, these guys are clearly intrested. XMR looks set to achieve higher highs.
https://www.coinigy.com/s/i/5cae4b6463617/

We will trade XMR/BTC pair. It looks quite different compared to the KRW “stable coin”.

Price settles comfortably on the subtle uptrend support (10°) forming ascending triangle on the daily.
Price broke out of the triangle in accordance with the XMR/KRW pair but vs. btc the coin was forced back down to the trend line.
We can enter at green lines. Settle for a tight stop bellow the trending line in red (~1,7%). This line has been violated only twice in the last 112 days and I am comfortable with these odds. Double this stop (~3.5%) if you intend to hold.

TRADE : XMR/BTC
Entry - 0.0132 – 0.0130
Targets - 0.0147 – 0.0155 (0.0177 alert for holders)
Stoploss: - 0.0128 (0.0125 for holders)

Risk %: 20% of altcoin portfolio
Low risk trade, XMR isn’t going away any time soon.

Absolutely Mashed Baby, lets make money!

EOS take profit missed by about 0.8%, price re-tested & wicked the buy zone on Binance. The trade stays open, no change to SL.

This is what they call a double liq on bitmex! Evidently this is what smashed the EOS trade, I was at about to move the SL to +4-5%. We will see how this progresses.

Some more adoption coming in

Don't give me that bullshit
Yeah the price did jump up by ~$3 but we did a great job by shorting it from $180. Couple of guys texted me asking if it was active. Hell yes! Great job boys we went down to $169.
If you were to close now you would have a minimum of 39.8% of profit at 10x and if you dumped at $169, you would've made well over 65%.

https://www.tradingview.com/x/Kcsp1xpa/

BTCUSD 4h update
Not very bullish I must say. The fibs and 50 MA must hold to keep BTC afloat
https://www.tradingview.com/x/FkymFTcB/

This is huge for $VET

The news is all bullish but BTC is a party pooper.

You knew it was coming. Everyone @hashedplutus knew it was coming.

https://www.tradingview.com/x/WENm8cSc/

Won't you share this with Daddy?
Do I need to explain? Its just pure money! Let it rain baby! Easy 98% on 10x so far. I closed 85% of the trade and would just ride the rest to 162ish range.

Send love @cryptopotatoes
Absolutely Mashed Baby!
https://www.tradingview.com/x/RuJxP45x/

Alright everyone, it has been a rough day in the markets. At least for those who didn't short $ETH as requested by king Plutus. Plenty tokens loosing well over 20% of thier value earlier today.

Unfortunately, I got stopped out of my $XMR trade @ -1,7%. The holders stop at 0.0125 held by a hair’s breadth. That trade is open, and what a recovery on the 1h.

https://www.coinigy.com/s/i/5caf8c60da9fb/

$EOS also survived the worst of it, the trade is open. Its a real pitty to have missed the TP on that one yestarday, but the structure holds. Lets not close it just yet (SL @ -2.5%)

https://www.coinigy.com/s/i/5caf93e555642/

Another one.

https://www.coinigy.com/s/i/5cb0ce9449342/

$XMR Is printing a smashing inverted head & shoulders reversal on the 1h. Looks like a little pullback has already accoured already, so open the trade ASAP.
http://finvids.com/Chart-Pattern/Inverse-Head-And-Shoulders/

TRADE : XMR/BTC
Entry - 0.0131 – 0.0132
Targets - 0.0147 – 0.0155
Stoploss: - 0.0128

Im setting a breakout buy stop beyond this 13btc wall @ 0.013402
This level also holds significant horizontal support/resistance.
Limit order at 0.01318
Cancel the one as soon as the other gets triggered.

Price is in buy zone, limit order filled, buy stop canceled

https://www.coinigy.com/s/i/5cb108812fb6e/

$ADA Has held up well this past week. Price is setting a few higher lows and lower highs forming a symetrical triangle.
One outlier candle that deviated from the volume trend haunts our stop zone, but its unlikely to be triggered again. Weining volume says the market is looking for direction. We call $ADA long x5

TRADE : ADA/BTC
Entry - 1672 – 1650sats
Targets - 1738 – 1798sats
Stoploss - 1615sats (~12%)
Leverage - x5

Less 35 - 40sats on orders for spot trading on exchages