$SUSHIUSDT 60 min

Probably the best DEFI coin to scalp. The hourly PXI completely nailed it with 42.37% profit merely from the spot trades. We did have a chop zone in between. Even considering that, we are well over 40%.
Certainly not bad eh?

https://www.tradingview.com/x/gX5GEzqO/

:)

Midnight thoughts:

Yep trading does affect your sleep cycle adversely. But looking at today's trades I've made, I really wondered why people burn their accounts down to pennies.

Leverage - super useful when used well and an absolute disaster when used on tilt.

I've always suggested to not invest or do things you do not understand. This has helped me greatly and I assume would help you too. The easy access to leverage upto 125x at the flick of a slider has its pro and cons.
When used to the right extent and managing risk well, it can far outperform your spot account. A mere 3x leverage gives you a much higher buying power but the risk is also higher. That's where stoplosses come into play. Never enter a leverage trade without a plan. Targets, entry, stoploss. Everything should be predetermined.

Binance offers you the option to have it all set before the order hits the books. Make use of this. Play your cards right and you will get better each day. Remember, the spot market is the actual driving force. It is equally important and you should manage your spot account well. All I'm suggesting is leverage is a handy tool for day/short term trading. Spot is fabulous for mid term and long term trades.

Psychology solidified the fact that pain of losing a certain amount is twice as the joy of making/winning the same amount. So from an emotional point of view, any RR below 2 is bad. Now you make the wise choice before sliding the leverage to max.

Goodnight. May Allah bless us with prosperity.
Amen. ❣️

Morning beautiful people!
Last night I closed the short around $18,920 and picked up a few altcoins to scalp through the day. I'm expecting bitcoin to range in this zone for a while before testing the $20,000 levels again. The probability of a downside move isn't completely eliminated, it's less probable at this point of time.

Picking up a little exposure here on the longs side after closing the shorts. I'm still waiting for a pullback on spot for the entries on our holdfolio.
Some of these are under my entry price and can be scooped up now for a better Risk Reward.

Stopped.
Onward and upward 💪🏻

Our initial setup was spot on. Sorry guys, gotta trust myself a little more and give these moves more time.

​​The most greedy month ever. Crypto Fear & Greed Index shows that during last 30 days the average index value was above 90 and month to date the index is above 93. Crypto Fear & Greed Index shows the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed".

Source: ICOAnalytics

Yep, I'm kicking myself for closing this badass trade too early.

The Binance dual savings plan is fantastic if someone wishes to lock up a portion of their funds.
I personally cannot lock up my funds in this because it's riba (interest) which is haram. But my non-muslim buddies, I say the USDT plan is fabulous. Have a look.

$BTCUSDT 4h Candlestick

Following yesterday's shakeout, we can expect a complex breakdown in bitcoin. Closely bounced of the 200 ema and currently sitting tightly under the 100 ema. I'm expecting this form factor of a move.

https://www.tradingview.com/x/ipRBel6q/

$BTCUSDT 4h Heikin Ashi

For the curious ones, HP leverage is short on 4h

https://www.tradingview.com/x/tY5Pe5Tj/

$YFIUSDT 4h HOLD

Yearn has been on my hold list from the previous update. DEFI projects are currently in an accumulation phase. YFI is one of the strongest project is also taking in smaller projects into its covers. I'm bullish on this for the long term. I have a gut feeling this project might undergo a massive growth period and could also lead to a token split.

If you have PXI, I suggest you to scalp YFI in the 30/60 MIN time frames. It is pretty volatile and provides solid returns if you manage your risk well. For the rest of you, start filling DEFI bags on every dip.

https://www.tradingview.com/x/f9r1L0hs/

I mentioned about some amazing campaigns OKEx has lined up in the coming weeks. It's round the corner but I can't disclose everything about it just yet.

I can it's big. You can take home some sweet sweet prizes. Get done with the level 2 KYC on OKEx as soon as possible. And watch this space closely. Thousands of dollars to be won! 😉

What if I told you we picked up buys super close to the bottom of the last wick?
Remember, these are holds. Set stoplosses around daily supports. Bitcoin could drop to $17,600 and $17,160 easily.

🎓Derivatives🎓
🎓 $BTC / USDT Futures - View Chart

🔸 Status: Short entries on the 4h Heiken ashi time frame are in the money. Perfect entry, and a hold into the continuation of the short it just phenomenal. Set your alerts on this time frame and bump those positions when the bells ring for easy money 🥳

❇️Short Entry: $19 055
🎯Current Price: $17 960 (+6.25% Profit)

HashedPlutus.com
🛎 10% Coupon for 24h: BELLS_HP

🎓Derivatives🎓
🎓 $BTC / USDT Futures - View Chart

🏆Still wondering?
Get 10% Coupon for 24h: BELLS_HP

Hashedplutus.com

#XRP ⚡️ SPARK Airdrop
Today we will be monitoring the price on XRP as we approach the Spark token snapshot. Taking place at 12:00 UTC, tonight, the 12th of December. Have your funds ready on your spot account. Expect volatility, HP leverage will guide us through this day 💸

#XRP ⚡️ SPARK Airdrop - View Chart
🎓 HP Leverage is short ATM, setup from here on out is to set limit orders set at ✅ $0.50 - $0.51. Flip long on 🚨 alert signal, or before 🕚11:55pm tonight.

The funding on XRP is extremely negative. Most holders are hedging their position with short. I'm expecting volatility.

#XRP ⚡️ SPARK Airdrop - View Chart
🎓 Hold, not time to buy in just yet.