Forwarded from Rekt Plebs (bill evans Megamango spookymode)
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Reminder: never bet more than you're willing to lose, especially if you struggle with suicide ideation.
Morning people!
Zero trades in the past 3 days. Why? I wasn't sure of any trades. So I stayed out. The market has been brutal. Let's be honest, we were over due for a major correction. The over extended daily played its part and so did GrayScale. Yep, the bitcoin trust. It is an open secret that bitcoin only moves when they make trades. They sold their positions in Bitcoin and major altcoins. This could be a reason for the dump.
I discussed this earlier, don't strain your mental health with crypto. I have consistently focused on telling you to cash out and spend money on things you love. We make money to spend it. Don't let greed overshadow the joys of life. I'll be open about my case. I make big mistakes too. We are human. I too lost funds in the crash. This one and the one in mid Feb. Its is painful, but you need to talk it out and realise that things happen for a reason. Please do not give up on life.
We made great money in the last 12-14 months, alhamdulliah. We can't make those gains everyday. Its not meant to be that way. Just take a break off crypto and go for a vacation. Don't think about the cash you have already lost and vacation money will also cost. Just get out of the cycle and relax. Come back and we'll make some good cash inshallah.
See y'all when the time is right to trade.
Zero trades in the past 3 days. Why? I wasn't sure of any trades. So I stayed out. The market has been brutal. Let's be honest, we were over due for a major correction. The over extended daily played its part and so did GrayScale. Yep, the bitcoin trust. It is an open secret that bitcoin only moves when they make trades. They sold their positions in Bitcoin and major altcoins. This could be a reason for the dump.
I discussed this earlier, don't strain your mental health with crypto. I have consistently focused on telling you to cash out and spend money on things you love. We make money to spend it. Don't let greed overshadow the joys of life. I'll be open about my case. I make big mistakes too. We are human. I too lost funds in the crash. This one and the one in mid Feb. Its is painful, but you need to talk it out and realise that things happen for a reason. Please do not give up on life.
We made great money in the last 12-14 months, alhamdulliah. We can't make those gains everyday. Its not meant to be that way. Just take a break off crypto and go for a vacation. Don't think about the cash you have already lost and vacation money will also cost. Just get out of the cycle and relax. Come back and we'll make some good cash inshallah.
See y'all when the time is right to trade.
$LTCUSDT Long term outlook
We have been extremely bullish on litecoin from the very beginning and have made heavy gains on this coin. But in a few moment, you will see why this bull run is far from completed. As expected, we saw a runup from $200 to $300 levels in a jiffy.
Volume
Through the second half of 2020, a renewed interest in crypto brought a massive influx of litecoin holders. This is genuine steady growth and not a spike of TikTok promotions. It is a healthy foundation for a major altcoin.
Volume profile shows we have some demand in the $200 - $225 range. Long term holders and new cryptomaniacs can enter here. This is a historic resistance level, can expect some momentum here.
https://www.tradingview.com/x/UGcCd7KV/
We have been extremely bullish on litecoin from the very beginning and have made heavy gains on this coin. But in a few moment, you will see why this bull run is far from completed. As expected, we saw a runup from $200 to $300 levels in a jiffy.
Volume
Through the second half of 2020, a renewed interest in crypto brought a massive influx of litecoin holders. This is genuine steady growth and not a spike of TikTok promotions. It is a healthy foundation for a major altcoin.
Volume profile shows we have some demand in the $200 - $225 range. Long term holders and new cryptomaniacs can enter here. This is a historic resistance level, can expect some momentum here.
https://www.tradingview.com/x/UGcCd7KV/
$LTCUSDT Expected growth
A very crude way of putting it out but I'm expecting Litecoin to hit $1,200 soon. The idea here is if Litecoin is to show the same growth as bitcoin from the point of breaking its all time high, we could see a 230% move towards the top. That leaves us with 430% of potential growth. Even if my numbers are vastly wrong, I still see us breaking past $700 in no time.
https://www.tradingview.com/x/FT3rwdt9/
A very crude way of putting it out but I'm expecting Litecoin to hit $1,200 soon. The idea here is if Litecoin is to show the same growth as bitcoin from the point of breaking its all time high, we could see a 230% move towards the top. That leaves us with 430% of potential growth. Even if my numbers are vastly wrong, I still see us breaking past $700 in no time.
https://www.tradingview.com/x/FT3rwdt9/
I have a few more detailed ideas like this for people who have the patience to hold on and wait for the bigger moves to develop. Rome wasn't built in a day and nor will this trade.
I humbly request you to share this analysis to all the groups and people you deem fit. I'll consider the new members flowing in as a token of appreciation from y'all.
Cheers, stay blessed.
I humbly request you to share this analysis to all the groups and people you deem fit. I'll consider the new members flowing in as a token of appreciation from y'all.
Cheers, stay blessed.
The reddit to be on right now is
https://www.reddit.com/r/binance/
This is concerning. No main stream exchange should cause such hurdles in fiat movement.
https://www.reddit.com/r/binance/
This is concerning. No main stream exchange should cause such hurdles in fiat movement.
Reddit
r/binance
A place to interact with the community, and discuss all things crypto and Binance!
Compounding, the 8th wonder of the world
We all have heard this, but the question is how it translates in real-world use?
I'm considering starting small with $100 and trying to build my way up. I know this will need total commitment and discipline, so I'm not starting right away. I'll get done with my university exams by the first week of May and have some time to structure up.
The link below will take you to a calculation.
2% daily growth on a $100 initial investment compounding daily returns the down payment for a decent property. That's in a single year.
Mind-blowing.
Now consider this. 2% a day isn't such a big deal in crypto. It's achievable. The question is will you be disciplined enough to stick to the rules.
Play around with the calculations and see for yourself how small consistent gains add up.
https://www.thecalculatorsite.com/dailycompound?a=100&p=2&y=1&m=0&d=0&dr=100&iw=y&dw=y&md=0&sd=2021-04-24&c=1
We all have heard this, but the question is how it translates in real-world use?
I'm considering starting small with $100 and trying to build my way up. I know this will need total commitment and discipline, so I'm not starting right away. I'll get done with my university exams by the first week of May and have some time to structure up.
The link below will take you to a calculation.
2% daily growth on a $100 initial investment compounding daily returns the down payment for a decent property. That's in a single year.
Mind-blowing.
Now consider this. 2% a day isn't such a big deal in crypto. It's achievable. The question is will you be disciplined enough to stick to the rules.
Play around with the calculations and see for yourself how small consistent gains add up.
https://www.thecalculatorsite.com/dailycompound?a=100&p=2&y=1&m=0&d=0&dr=100&iw=y&dw=y&md=0&sd=2021-04-24&c=1
The Calculator Site
Daily Compound Interest Calculator
Use this calculator to work out your daily interest for a fixed number of days or months - useful for bitcoin and other crypto currency trading
Okay. So my city just entered a 14 days lockdown. I'm having my end sem exams and they have been postponed.
The plan was to start a full fledged trading action after my exams which where scheduled to end on May 3rd.
Good news, we start rolling out some more in-depth TA from today.
The $100 challenge will start too.
Let's get the money machine started baby!
PS: Do pray for the people in my city. It's the worst hit city in the entire world. Yep, that's where I live.
The plan was to start a full fledged trading action after my exams which where scheduled to end on May 3rd.
Good news, we start rolling out some more in-depth TA from today.
The $100 challenge will start too.
Let's get the money machine started baby!
PS: Do pray for the people in my city. It's the worst hit city in the entire world. Yep, that's where I live.
$ADA / USDT Long
Cardano has held on to key support levels well. Right now sitting on the 21 EMA and having significant support from the 50/100 EMA. Another key 4h support is the 200 MA (black line). I concur these levels can give the much needed acceleration towards TP1.
TP1 is a strong historic support now turned resistance as well as the 0.618 fib level. I do not expect it to fly through in the first attempt. Price doesn't move in a single line so patiently wait it out.
Timeframe: Expecting the targets by 3 May.
https://www.tradingview.com/x/qwbbaczB/
Cardano has held on to key support levels well. Right now sitting on the 21 EMA and having significant support from the 50/100 EMA. Another key 4h support is the 200 MA (black line). I concur these levels can give the much needed acceleration towards TP1.
TP1 is a strong historic support now turned resistance as well as the 0.618 fib level. I do not expect it to fly through in the first attempt. Price doesn't move in a single line so patiently wait it out.
Timeframe: Expecting the targets by 3 May.
https://www.tradingview.com/x/qwbbaczB/
Crytocurrency Scalps.txt
309 B
Hashed Plutus Exclusive Watchlist
> Download the txt file
> Click Import Watchlist on Tradingview
To reduce the number of coins we look at on a regular basis, we use this watchlist. This saves you time and you already know how each coin behaves in a particular period of its cycle.
> Download the txt file
> Click Import Watchlist on Tradingview
To reduce the number of coins we look at on a regular basis, we use this watchlist. This saves you time and you already know how each coin behaves in a particular period of its cycle.
You will notice these coloured flags on coins.
This just another filteration system I'll use to select the right trades.
Purple - Major moves develop over time.
Orange - Great for interday trades
Blue - Spots positions and Swing leverage.
Here is a fun exercise. Just look at the 1h chart of all the blue coins. You will see a pattern. Similar moves developing on all of them in the current market sentiment.
This just another filteration system I'll use to select the right trades.
Purple - Major moves develop over time.
Orange - Great for interday trades
Blue - Spots positions and Swing leverage.
Here is a fun exercise. Just look at the 1h chart of all the blue coins. You will see a pattern. Similar moves developing on all of them in the current market sentiment.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$ADA / USDT Long Cardano has held on to key support levels well. Right now sitting on the 21 EMA and having significant support from the 50/100 EMA. Another key 4h support is the 200 MA (black line). I concur these levels can give the much needed acceleration…
$ADA / USDT
As expected, the price ran up towards the first target yesterday and took a sharp deflection. We anticipated this. Look at the pin point accuracy of the TP1. Nicked and backdown.
Perfection.
People can re enter this trade close to entry considering the strong support from moving averages holding tight.
https://www.tradingview.com/x/1ikYAtjv/
As expected, the price ran up towards the first target yesterday and took a sharp deflection. We anticipated this. Look at the pin point accuracy of the TP1. Nicked and backdown.
Perfection.
People can re enter this trade close to entry considering the strong support from moving averages holding tight.
https://www.tradingview.com/x/1ikYAtjv/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$LTCUSDT Long term outlook We have been extremely bullish on litecoin from the very beginning and have made heavy gains on this coin. But in a few moment, you will see why this bull run is far from completed. As expected, we saw a runup from $200 to $300…
$LTCUSDT Update
A closer look at the entry range we picked up last week. Spot positions peaked at 26% profit. Neat for not paying the funding fees and chilling on a no leverage position.
Take entries of market gives you opportunity.
https://www.tradingview.com/x/IXIJmxye/
A closer look at the entry range we picked up last week. Spot positions peaked at 26% profit. Neat for not paying the funding fees and chilling on a no leverage position.
Take entries of market gives you opportunity.
https://www.tradingview.com/x/IXIJmxye/
$BTC / USDT Analysis
Many moving parts in this so lets break it down.
21 Weekly EMA (White)
My most trusted piece, the weekly EMA hasn't been tested for quite some time now. In a healthy correction, I expect us to test this level.
Coloured Blocks
Red indicated historic resistance and green is a support level we recently tested. My initial idea was an attempt to break this block and falling towards the 21 EMA but we are facing a strong daily 50 here. So we could start tumbling if the current levels don't hold.
VPR Fixed range shows we had maximum activity near the blocks as expected.
Side note: HP Legendary is short with an absolute beauty of an entry, If you wish to gain access, check our hashedplutus.com
https://www.tradingview.com/x/prprgQLP/
Many moving parts in this so lets break it down.
21 Weekly EMA (White)
My most trusted piece, the weekly EMA hasn't been tested for quite some time now. In a healthy correction, I expect us to test this level.
Coloured Blocks
Red indicated historic resistance and green is a support level we recently tested. My initial idea was an attempt to break this block and falling towards the 21 EMA but we are facing a strong daily 50 here. So we could start tumbling if the current levels don't hold.
VPR Fixed range shows we had maximum activity near the blocks as expected.
Side note: HP Legendary is short with an absolute beauty of an entry, If you wish to gain access, check our hashedplutus.com
https://www.tradingview.com/x/prprgQLP/
What would you prefer for the challenge?
Anonymous Poll
55%
Small channel with spam of all my ideas
45%
Small group specific to this challenge to discuss ideas
$XRP / USDT
Based on the idea of CryptoPro
Solid idea with a great risk reward ratio. I have already set my orders and expect them to fill soon.
This will be the first swing trade on the $100 account. I'll be using 5x leverage with 30% of the balance here.
https://www.tradingview.com/x/jcaiSjsI/
Based on the idea of CryptoPro
Solid idea with a great risk reward ratio. I have already set my orders and expect them to fill soon.
This will be the first swing trade on the $100 account. I'll be using 5x leverage with 30% of the balance here.
https://www.tradingview.com/x/jcaiSjsI/
Okay. We have a problem here. The front runners. The price missed our the given entry by cents because of frontrunners and moved up swiftly. It's either my analysis was pin point accurate or the volume this channel generates is massive.
I request you all to not front run the trade ideas and TPs and SLs. Cheers to the ones who picked up an early entry.
https://s3.tradingview.com/snapshots/o/o1JYO73O.png
I request you all to not front run the trade ideas and TPs and SLs. Cheers to the ones who picked up an early entry.
https://s3.tradingview.com/snapshots/o/o1JYO73O.png
Hashed Plutus $100 challenge
The challenge has begun! You can find all the updates for it on the @hundreddollarchallenge channel.
Please note that I'll only be posting scalp set up there, and this main channel will be receiving all the critical analyses of altcoins and higher TF trades.
Make sure you're following both!
The challenge has begun! You can find all the updates for it on the @hundreddollarchallenge channel.
Please note that I'll only be posting scalp set up there, and this main channel will be receiving all the critical analyses of altcoins and higher TF trades.
Make sure you're following both!