Hashed Market Analysis

Okay first off I would make this clear it's not my chart but this chart pretty much resembles my idea of the current scenario. We will have a bounce off the support near the $3700 or rather $3650 levels as stated in chart and might get another push to test the $4400 level. For now you can make an entry based on the chart but I prefer spending the Christmas in a chill stress free environment.

Load in the LONGS
Now you commend me for accuracy. The chart exactly got in frame. If you set the entry according to the chart you probably did the best thing on Christmas. Let's make the money baby!
Love,
@cryptopotatoes

Announcement

Hold your horses guys we will be releasing the hand picked coin of the year on the Eve of New Year.
Be prepared for the best altcoin you will need for 2019❤

Guys I'm sorry for not dropping in updates yesterday. We lost a loved one.
As for the position I just checked the charts and we have held on well from our buy at $3650 ranges.
I have a PDF file on Gold crisis set up for you'll.

Ignore the formatting. It's terrible

📨 Hashed News Update

🇯🇵 Japanese internet giant GMO is leaving the crypto mining industry due to extraordinary loss of JPY 35.5 billion and will discontinue manufacture of all mining equipment.
via Cointelegraph

🇮🇳 According to a recent report, the Indian government might legalize cryptocurrencies, but with strict regulation attached.
via CoinDesk

❎ The Singapore-based cryptocurrency exchange KuCoin has delisted 10 crypto tokens, that have not met strict set of operational criteria.
via NewsBTC

🖊 Bear market has triggered a rise of M&A activity among crypto companies with good liquidity, that have been acquiring numerous successful startups throughout the year.
via Bitcoin.com

📉 Prominent crypto investor Kyle Samani believes that major layoffs at Bitmain might be followed by a dump of company's crypto stockpile, which includes a massive number of Litecoin and Bitcoin Cash.
via CCN

Guys it really surprises me that no channel has come across this article even after 6 hours of being posted.
You gotta keep your eyes open.
Watch LTC

Crypto market capitalization took a serious hit this year. How do you think, will crypto market cap recover in 2019?

Ethereum Update

While I was reading through different analytics for ethereum I found this one having the best charting as per my discretion.
In my opinion if you guys have longs you can probably set them closed at $125 as overall the market is quite unstable

Also we are looking to test my long term target of $2500 in January 2019

To all those people who have been asking me why I'm so bearish to see $2500 in January.
Make this your wallpaper. Let me remind you this is my strongest reccommedation for the upcoming year.
I wholeheartedly agree in every single trendline the person who charted this drew.

📨 Hashed News Update

🎭 The Wall Street Journal analyzed 3,300 ICO (initial coin offering) projects and !
found that 16% of them showed signs of “plagiarism, identity theft, and promises of improbable returns.”
via Cointelegraph

🔚 Japanese Internet solutions giant GMO will no longer develop, manufacture, or sell cryptocurrency mining machines.
via The Block

⚖️ Craig Wright’s recent dismissal motions in regard to a billion-dollar Bitcoin lawsuit where he is named as a defendant were denied.
via Bitcoin.com

👩‍⚖️ Crypto law firm Silver Miller announced the start of a new federal court lawsuit against trader Jeremy Spence, the alleged operator of a crypto Ponzi scheme.
via PR Newswire

🙅🏻‍♂️ Mark Karpeles, a former CEO of now-defunct Bitcoin exchange Mt. Gox, pleaded not guilty in the final argument for his trial.
via CoinDesk

🤝Africa Conducts Over 17,000 Peer-to-Peer Trades Per Day Using Gift Cards
Via CCN

🥶Electrum Wallet Phishing Attack Nets Hackers $900K in Bitcoin
Via Bitcoinist

🇮🇹Italy Announces 30 Experts to Lead National Blockchain Strategy
Via Coindesk

💹Dow, S&P 500 Eye Further Gains after Wild Week on Wall Street
Via CCN

Well well. Another short squeeze by the whales. We have a few crucial things to consider before we make some moves. It is Essential for the daily candle to close above $3800 levels. If this is done well we can see some greens in the alt coin market and also achieve some stability overall.
The other scenario is that we close below those levels, we might potentially retest the $3500 zone and have a bearish momentum into 2019.

You see that fresh green? Yep that's what we expected if we closed above $3800 levels and we did. Cheers to all the longs on alts

Bitcoin Minute Analysis

Looking at the charts for a brief pattern I see the price moving in a very sight range $3680 and $3950. Now when we look at a support line we can see that we might retest the $3700 levels and if we dont hold we will drop to the next support at about $3600.
MACD aslo seems to be crossing over in the near future and might see a dip.
https://www.tradingview.com/x/TzwHEM2O

Sneak peek of the coin of the year report. Hope you all are excited. Honestly I didn't need much typing as tons of research is all over the net. I'm just filling in here and there and compiling.
PS: Please spread the word about this channel @hashedplutus. This will help us grow as a community.

We did pretty well and as planned stayed in the frame. Congrats to those who shorted on my call.
https://www.tradingview.com/x/AeK3dteH/

MARKET ANALYSIS
Continuing the currwnt bearish trend i think we might see adip towards the $3610 levels as we enter into 2019. I reccomend opening shorts keeping in mind the Risk : Reward Ratio.
https://www.tradingview.com/x/2dZoz3x5/