You knew it before it was out for others to see.

An update on overall market conditions:
Bitcoin has done a phenomenal job of holding the $5k price level. This price holds psychological significance. I cannot predict what support will hold for bitcoin, but I am bullish on this market. I believe an alt season is due after the latest BTC rush. One interesting point to note is that bitcoin has closed the previous 7 weekly candles green, until yesterday. A change in momentum is occurring.

I have shifted the majority of my funds over to XRP. This has always been a good hedge against BTC & It just happens to be at the perfect buy zone.

Tracing wicked support & resistance lines on the weekly shows’ confluence on two different levels. Support at the 6300sat level & a rising trend line support.

Positions open are:

$ADA – Spot position still open and sitting on break even. ADA has held up strong during this BTC drop and held it own structure despite the moves we see from Bitcoin. (SL @ 1592sats)

$EOS - I thought about closing EOS manually a number of times since I opened this position, and some how it has evaded all stops & TP’s. Again it shows considerable strength in the midst of this BTC action so I will let this one ride a little longer. Trade at breakeven ATM (SL @0.0010192)

$LUN – All orders filled and sitting at about -2.3%. Horizontal support holding for now. Initial stop resting bellow current support levels.

https://www.coinigy.com/s/i/5cb4f19fe8d42/

These are the things you need to have an eye for. The long term game changer is adoption.

Timing is everything in crypto trading.
Couple of you did take the effort in pinging me and asking how I was so prompt to this news that we ended up buying well before the FOMO started. That's the key, getting in early or getting out early can save your from the anal. Terribly painful red.

Today I'll tell you something that need to stick well in your head. Twitter is good, but Reddit is the best.
I know Reddit is the Facebook for grandpas and grandmas, but the right ones do a great help. I don't spend 10 hours a day reading the news to catch such moves. No human in the pinkish of his health would do. I have come across this amazing boy that keeps Hashed Plutus ahead of the game. I would go ahead and share this with y'all.

https://t.me/merkletrade has some of the most active reddit threads that drops in great updates.

Stay Vigilant! Stay Absolutely Mashed Baby!

Off we go!!

Out of XRP with a tight stop, BTC came out on top.
Im going to tighten stop on EOS (0.0010495), closing ADA. Lunyr closed.

Here are all the assets with "prices rising fast" over the past 15 minutes, we can see who goes with BTC.

XMR Is really breaking out.
NEO looks like it's turning green and might be the best bet.
ETC is grinding the buy zone, too early to tell.

Courtesy of CryptoAlerts.ai

https://www.coinigy.com/s/i/5cb6188dc6ec2/

There is a lovely double bottom (1h) formation on $WAVES

https://www.coinigy.com/s/i/5cb61d1a140c3/

I’m going to settle on Decred. It has been green all day and BTC pumping doesn’t seem to have affected its growth - printing 7 consecutive (1h) green candles.

On the larger timeframe (6h) we see a strong channel of which we are at the bottom. Looking to close and take profit near the top.

TRADE: DCR/BTC
Entry - 0.0047 – 0.00465
Profit - 0.0051 (+9.7%)
Stop loss - 0.00459 (-1.4%)

https://www.coinigy.com/s/i/5cb61dd0c26c3/
🔼 Zoom in to 1h 🔼

There she goes. 129 days and it's grown bigger than any other major altcoin. Shot up and hammering the all time high.
Hashed Plutus has proved it's worth again being the best freebie out there. Feeding it's loyal members with more than their appetite can handle.

📨 Hashed News Update

🇫🇷 France will call on the European Union to adopt a cryptocurrency regulatory framework similar to the one it brought in at a national level.
via The Block

🏢 U.S.-based institutional-grade investment manager Arca Funds has filed with the SEC to issue Ethereum-powered digitized securities.
via CoinDesk

🖥 EY, one of the “big four” international professional services firms that is better known by its old name of Ernst & Young, is releasing free software aimed to help corporate clients use the Ethereum blockchain.
via Cointelegraph

📊 Arbitrage bots are widely used as a manipulation tool on decentralized exchanges, a study from researchers at Cornell Tech has found.
via Bloomberg

🗣 David Chaum, one of the founding fathers of the cypherpunks movement, says governments can crack cryptos at will.
via Decrypt

Sweden Changed Its Official Currency To Bitcoin (For 30 Minutes)

https://bitcoinist.com/sweden-changed-its-official-currency-to-bitcoin-for-30-minutes/

https://www.coinigy.com/s/i/5cb77c6ae763d/

Filled some $KMD at this dashed green level, I'll probaly watch this one a close it if I see the pendant forming. That means we could likely enter this level again.

Sorry guys, this time there was nothing technical to call this move early.

https://www.coinigy.com/s/i/5cb77e19d3a9a/
🔼 Check this out, before the breakout 🔼

___________________________________________

https://www.coinigy.com/s/i/5cb7808edc816/

Things are looking good on the $DCR. First order filled at the bright green line.

It looked like I placed the second order a little low, as it if were a stop and not a buy. Raising that order a little. Its a buy stop so it dosen't park my BTC.

________________________________________

https://www.coinigy.com/s/i/5cb7a7236794f/

Closed here for +2.5%

Setting up the buys for the pendant breakout.
Trading this way gives us a cushion that protects our capital if things don’t go according to plan.

I have seen these pendants forming like clockwork, right after these terrific green candles rattle the market. Buyers need to know the price will hold before they take it higher.

TRADE: KMD/BTC
Entry - 0.000221
Profit - 0.000251 (+13%)
Stop loss - 0.00219 (-1%)

__________________________________________________

https://www.coinigy.com/s/i/5cb7a8ccbceea/

Oh my, I havent looked at $XRP since yesterday. Might indeed be a strong bet this alt season. This is looking like a powerful reversal off the 6200sat level.

TRADE: XRP/BTC
Entry - 0.00006444
Profit - Open
Stop loss - 0.0006391 (-0.8%)

_______________________________________

https://www.tradingview.com/x/58Jxsrjn/

XLM is dipping into strong support levels and is up for a bounce.

XLM is also supported by IBM, who recently announced that they are working on a real-time global payment system built on top of the Stellar network. On top of that there is a protocol upgrade coming, which is announced for Q2 2019.

TRADE: XLM/BTC
Entry: 2195
T1: 2572
T2: 2679
STOP: 2098

Just as predicted, we are in for an epic alt season here 🚀

My watch list for the day:
$XLM
$NEO
$NANO
$POLY
$WPR

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

DASH just broke out of this triangle and is showing good signs of reversal. Volume is picking up and RSI is breaking out of a long downtrend.

Trade: DASH/BTC
Entry: 23137
Profit: 27117
Stop: 22305

About Dash

Launched in 2014, Dash aims to be the most scalable and most user-friendly cryptocurrency in the world. Its network features instantly confirmed transactions, erasable transaction history and a self-governing & self-funding model through incentivized full nodes.

Fundamentals

Dash has been around since forever and has proven that its development follows through the Roadmap. They have an upcoming release on their roadmap that among other things will include new features like Decentralized Storage, Username based payments and a decentralized API.

Recently the largest P2P Cryptocurrency Marketplace in Europe added Dash as an option to its 775,000 customers. eToro also launched a new exchange supporting Dash.

📨 Hashed News Update

🌍 Major U.S.-based digital asset trading platform Coinbase has announced the expansion of its cryptocurrency-to-cryptocurrency services to 11 more countries.
via official blog

👨‍⚖️ Cameron and Tyler Winklevoss’ lawsuit against Bitcoin entrepreneur Charlie Shrem has been dismissed as parties have reached an agreement.
via The Block

🇯🇵 Japan’s Financial Services Agency (FSA) is reportedly set to introduce new rules requiring crypto exchanges to strengthen their cold wallet security measures.
via Reuters

💼 According to Major, Lindsey & Africa managing director Brian Burlant, there is a high demand for legal experts with the knowledge of the blockchain technology.
via Cointelegraph

⚔️ Some experts believe that massive delisting of Bitcoin SV might actually set a bad precedent for the industry.
via Decrypt