Bitmex Scalp/Swing Trade: XRPZ18
We have bearish confirmation on XRPZ18 as we suspected. This asset is very tricky to short sometimes so we'd recommend moving your stop loss in the ongoing long trade to entry or above entry, then if you have another Bitmex account open the short there. If you have just 1 account you can close all your position here and open short.
The XRPZ18 asset is trying hard to move towards the 78.6% Fib line but hasn't succeeded yet. The asset recently had the 50 MA move under the present 1 hour candle, but we're still seizing bears trying to seize control. A test of the blue line is possible and if bears are strong we'll see more downside to the 200 MA. We'll have more quick steady down movement after the RSI crosses below the support line.
Short Entry: 0.00009545
Leverage: 20x
Targets: 0.0000949 | 0.0000945 | 0.000094 | 0.00009305 | 0.0000921 | 0.000091 | 0.00009 | 0.00008955
Stop Loss: 0.00009643
Risk/Reward Ratio: 6.01 (Good)
Risk Percentage: -20%
https://www.tradingview.com/x/XgU8Q7to
We have bearish confirmation on XRPZ18 as we suspected. This asset is very tricky to short sometimes so we'd recommend moving your stop loss in the ongoing long trade to entry or above entry, then if you have another Bitmex account open the short there. If you have just 1 account you can close all your position here and open short.
The XRPZ18 asset is trying hard to move towards the 78.6% Fib line but hasn't succeeded yet. The asset recently had the 50 MA move under the present 1 hour candle, but we're still seizing bears trying to seize control. A test of the blue line is possible and if bears are strong we'll see more downside to the 200 MA. We'll have more quick steady down movement after the RSI crosses below the support line.
Short Entry: 0.00009545
Leverage: 20x
Targets: 0.0000949 | 0.0000945 | 0.000094 | 0.00009305 | 0.0000921 | 0.000091 | 0.00009 | 0.00008955
Stop Loss: 0.00009643
Risk/Reward Ratio: 6.01 (Good)
Risk Percentage: -20%
https://www.tradingview.com/x/XgU8Q7to
Now it's been a while since I have written you guys a long ass post but honestly there is nothing I have to say.
Look at the bigger picture. Blockchain technology is coming up faster than that erection you get by watching the big green.
Large corporations like Microsoft, facebook, Google and amazon are shelling out millions of dollars to get into the sphere. Mark my words this phase is exactly what happened before the internet. We need to understand the fact that blockchain technology is something that is extremely crucial for the future. Just shut your eyes and visualize.
A world with no internet. No we don't have the memes, nor do we get any social media. No mails nothing at all. Life is at a standstill.
That's exactly how the world will become if we don't adapt.
We need to evolve.
The internet needs to evolve.
Blockchain technology is the future.
Look at the bigger picture. Blockchain technology is coming up faster than that erection you get by watching the big green.
Large corporations like Microsoft, facebook, Google and amazon are shelling out millions of dollars to get into the sphere. Mark my words this phase is exactly what happened before the internet. We need to understand the fact that blockchain technology is something that is extremely crucial for the future. Just shut your eyes and visualize.
A world with no internet. No we don't have the memes, nor do we get any social media. No mails nothing at all. Life is at a standstill.
That's exactly how the world will become if we don't adapt.
We need to evolve.
The internet needs to evolve.
Blockchain technology is the future.
They laugh at you when you make wild calls but now. We let the money speak
Forwarded from CryptoWhale
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Bitmex Scalp/Swing Trade: XRPZ18 We have bearish confirmation on XRPZ18 as we suspected. This asset is very tricky to short sometimes so we'd recommend moving your stop loss in the ongoing long trade to entry or above entry, then if you have another Bitmex…
Do the math.
Okay now we made some good money. Time to short this. My garden hoes we are going deep down. Yes deep red ride of a 200$ nose dive.
Watch out. Grab a quick look at the charts and make sure you don't bust the nut looking at the fabulous gains we did today. Mashallah. We did great today but secure profits with stops and load in shorts to give out a big short.
Watch out. Grab a quick look at the charts and make sure you don't bust the nut looking at the fabulous gains we did today. Mashallah. We did great today but secure profits with stops and load in shorts to give out a big short.
Hi, everybody.
Today we hit the new yearly low at $3657 on Bitfinex. The main question is "WHERE IS THE BOTTOM?!"
-I try writing every update moderately in sequence and informatively...Nevertheless, some traders that only follow the numbers without reading into the essence of the text. Therefore, let me start with $250:
Days before I mentioned several times that below $4400 it is going to be impossible to determine "where the bottom is"...And that we can be falling down to $250 where the 100% Fib level is because the last level after Fib 78.5% is 100%.
Now let's get to the point. Not to be boring I will say this: "I don't consider the price dropping to $250 level, however, I don't have any facts to determine where the reversal might happen.
As far as I am concerned we should monitor the Volume. In February the daily trading volume after reaching the yearly low just below $6000 was around 185 k BTC's. That Volume pushed the price to $11750. Now the Volume is 6-15-30-80k BTCs per day!
It is important to notice that there is no corrections and the price is falling with short consolidations around some levels. Even yesterday's bullish divergence (or convergence) on D1 did not affect the price and we hit the yearly LOW.
What this means is that the "whales" as we call them are pushing the price down...And here is how they do that: "Selling in parts and hitting all possible stop limits, they are buying BTCs back lower. I am confident that they are selling their BTCs as they have margin short positions and that is the main reason the short sellers remain unpunished..." This way for the BTCs they sell, the manipulators get much higher profits than the current price can offer. This process will continue as long as the "whales" don't have to start buying these Bitcoins back.
I assume this moment will come at the moment of total hysteria when even the average hampster will start selling at any price running away from the market after hearing the news about the bubble burst.
It is possible that the "whales" have a target, or maybe the process will keep going until the HODLers can keep their nerves together not to fall into the market panic sell-off. Apparently many still HAVE THE BALLS not to give up...Which means the most interesting is still ahead of us, and the red-candled charts will screw up our mood.
At the end of the day I am expecting a decent and memorable bounce, but until then GOD KNOWS how much lower will we fall...For now, we will be expecting a correction, catching the moves and try to survive/take profits.
Today we hit the new yearly low at $3657 on Bitfinex. The main question is "WHERE IS THE BOTTOM?!"
-I try writing every update moderately in sequence and informatively...Nevertheless, some traders that only follow the numbers without reading into the essence of the text. Therefore, let me start with $250:
Days before I mentioned several times that below $4400 it is going to be impossible to determine "where the bottom is"...And that we can be falling down to $250 where the 100% Fib level is because the last level after Fib 78.5% is 100%.
Now let's get to the point. Not to be boring I will say this: "I don't consider the price dropping to $250 level, however, I don't have any facts to determine where the reversal might happen.
As far as I am concerned we should monitor the Volume. In February the daily trading volume after reaching the yearly low just below $6000 was around 185 k BTC's. That Volume pushed the price to $11750. Now the Volume is 6-15-30-80k BTCs per day!
It is important to notice that there is no corrections and the price is falling with short consolidations around some levels. Even yesterday's bullish divergence (or convergence) on D1 did not affect the price and we hit the yearly LOW.
What this means is that the "whales" as we call them are pushing the price down...And here is how they do that: "Selling in parts and hitting all possible stop limits, they are buying BTCs back lower. I am confident that they are selling their BTCs as they have margin short positions and that is the main reason the short sellers remain unpunished..." This way for the BTCs they sell, the manipulators get much higher profits than the current price can offer. This process will continue as long as the "whales" don't have to start buying these Bitcoins back.
I assume this moment will come at the moment of total hysteria when even the average hampster will start selling at any price running away from the market after hearing the news about the bubble burst.
It is possible that the "whales" have a target, or maybe the process will keep going until the HODLers can keep their nerves together not to fall into the market panic sell-off. Apparently many still HAVE THE BALLS not to give up...Which means the most interesting is still ahead of us, and the red-candled charts will screw up our mood.
At the end of the day I am expecting a decent and memorable bounce, but until then GOD KNOWS how much lower will we fall...For now, we will be expecting a correction, catching the moves and try to survive/take profits.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Hi, everybody. Today we hit the new yearly low at $3657 on Bitfinex. The main question is "WHERE IS THE BOTTOM?!" -I try writing every update moderately in sequence and informatively...Nevertheless, some traders that only follow the numbers without reading…
As expected we did fairly well. At about 10x we have gathered about 25% based on your entry. Put on the take profits and sell a small portion of the contract. Safe money in RED week babe
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Hi, everybody. Today we hit the new yearly low at $3657 on Bitfinex. The main question is "WHERE IS THE BOTTOM?!" -I try writing every update moderately in sequence and informatively...Nevertheless, some traders that only follow the numbers without reading…
How on earth are we making so much money this week while others are crying over their losses?
Entry at $3779 and now we are at around $4150.
You guys don't seem to be bad at math. Do you. At 10x the safe leveraged positions we have hit a 92% profit.
Ping me if you need something.
@cryptopotatoes
Love
Mashed Potato 🍠
Entry at $3779 and now we are at around $4150.
You guys don't seem to be bad at math. Do you. At 10x the safe leveraged positions we have hit a 92% profit.
Ping me if you need something.
@cryptopotatoes
Love
Mashed Potato 🍠
Okay now we have an altcoin call that you wouldn't wanna miss.
Zilliqa has been in the news from the beginning over the extreme success they had of their ICO and the great rewards it gave. Lately it has been low key. But the giant has a long way ahead especially when it has a testnet release in less than 24 hours.
In the most recent experiments, the Zilliqa private testnet network recorded a peak throughput of 2,488 transactions with 3,600 nodes. The underlying technology that makes Zilliqa scale is that of sharding — — dividing the mining network into smaller groups called shards, each capable of processing transactions in parallel. In fact, the throughput in Zilliqa increases as the network expands which makes Zilliqa truly scalable. This is the same sharding that can potentially save Ethereum.
This is one of the greatest updates that can sky rocket the price of the token.
Buy zone -
ZIL/USD $0.021 or below
ZIL/BTC 0.00000414 to 0.00000454
Market Analysis
Ethereum has stayed strong over the $100 psychological support and this has made most altcoin to reverse giving big green. But I suggest set up low orders and wait for the price to come towards your mark. Be patient as I strongly believe in the chart that I posted yesterday. There is a possibility that we go lower but as you can see the 4th growth cycle in 2020. Also this analysis posted yesterday agrees with the maturing of the market and is quite similar to the internet boom.
Absolutely Mashed.
Zilliqa has been in the news from the beginning over the extreme success they had of their ICO and the great rewards it gave. Lately it has been low key. But the giant has a long way ahead especially when it has a testnet release in less than 24 hours.
In the most recent experiments, the Zilliqa private testnet network recorded a peak throughput of 2,488 transactions with 3,600 nodes. The underlying technology that makes Zilliqa scale is that of sharding — — dividing the mining network into smaller groups called shards, each capable of processing transactions in parallel. In fact, the throughput in Zilliqa increases as the network expands which makes Zilliqa truly scalable. This is the same sharding that can potentially save Ethereum.
This is one of the greatest updates that can sky rocket the price of the token.
Buy zone -
ZIL/USD $0.021 or below
ZIL/BTC 0.00000414 to 0.00000454
Market Analysis
Ethereum has stayed strong over the $100 psychological support and this has made most altcoin to reverse giving big green. But I suggest set up low orders and wait for the price to come towards your mark. Be patient as I strongly believe in the chart that I posted yesterday. There is a possibility that we go lower but as you can see the 4th growth cycle in 2020. Also this analysis posted yesterday agrees with the maturing of the market and is quite similar to the internet boom.
Absolutely Mashed.
Okay guys I sincerely apologize for not posting up an update yesterday but you surely missed me. How perfectly we entered at $3779 and booked profits at $4382 at 10x that safe leveraged positions still made you a hell lot of money. It was a beautiful trade. Now as for the current state.
Market Update
We seem to have the volatility back and as I have already informed you that we are repeating history this phase is just like what we had last year at this very period of time.
In my opinion we might have a small correction because the RSI is just over 30 and also the SMA 12 and SMA 24 will probably cross in the near future so I suggest you can open a small long with just about 5% at a small leverage of 5x or so just to start safe and not miss out on the momentum. Also keep in mind the Cryptocurrency marketcap is about 128 billion dollars.
There is a possibility we might test the 100 billion psychological support and if we break lower we will see a steep drop. Beware of your move.
Absolutely Mashed.
Market Update
We seem to have the volatility back and as I have already informed you that we are repeating history this phase is just like what we had last year at this very period of time.
In my opinion we might have a small correction because the RSI is just over 30 and also the SMA 12 and SMA 24 will probably cross in the near future so I suggest you can open a small long with just about 5% at a small leverage of 5x or so just to start safe and not miss out on the momentum. Also keep in mind the Cryptocurrency marketcap is about 128 billion dollars.
There is a possibility we might test the 100 billion psychological support and if we break lower we will see a steep drop. Beware of your move.
Absolutely Mashed.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Okay now we have an altcoin call that you wouldn't wanna miss. Zilliqa has been in the news from the beginning over the extreme success they had of their ICO and the great rewards it gave. Lately it has been low key. But the giant has a long way ahead especially…
Zilliqa Testnet v3 “Mao Shan Wang”, the final release before the mainnet, is live. This includes the first implementation of smart contract sharding and mining of testnet ZILs
Details: bit.ly/2DUGHnu
Details: bit.ly/2DUGHnu