Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
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Analysing the past to capitalize the future.
Not financial advice
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https://www.tradingview.com/x/vF8eAMsN/

$BNBUSDT SHORT Learnings

We missed the good entry on this trade but we can always take home some knowledge. Two simple concepts in action.

1) More times the price tests a level, the more likely it is to break from it.
2) Multiple levels breaking down indicates a systematic dump through levels.
https://www.tradingview.com/x/am1W53WC/

$ETHUSDT SHORT

Weekend wanted to stay away from charts but well here we are. Opened my shorts a few moments earlier at the break of resistance. I'm expecting a strong downward trend to the next level (daily support).
The risk reward ratio is over 5 so you surely know this one might take days to hit or get closed mid way.

Remember to always lockin profits while you have positions open.
https://www.tradingview.com/x/sdOSFxkE/

$LINKUSDT SHORT

Another coin we loaded a short on earlier, its on the run now. Still a good short if you stick to a low leverage and manage your risk well.
Forwarded from Plutus Capital
Bulls are definitely not done yet. Looks like $14200 - $14600 may be happening.

We have a bullish price continuation pattern formed (falling wedge) on the hourly time frame.

Current market structure is still bullish and shorts should be avoided until this probable final push up.

A deeper correction will happen soon. Patience is the key.

https://www.tradingview.com/x/LR1eZYmu/
Alberto from OnePoint has a hotlist for you.

Binance Hotlist coin November 2nd, 2020


Coin : VET/USDT
Chart : https://www.tradingview.com/x/qYWvH6kh/

Reason :
1. Forming a Bullish falling wedges
2. Approaching the Golden Pocket zone as a major support and had a bounce>
3. RSI forms a consecutive higher low structure while the price has consecutive lower low structure.
4. MACD histogram ticks up to the positive side

Entry condition : When the price breaks out of the upper line of the yellow falling wedge.

Target : Short term at $0.014867
Binance Hotlist coin November 2nd, 2020

Coin : YFII/USDT
Chart : https://www.tradingview.com/x/2xvk4Nxi/

Reason :
1. Double Bottom structure
2. RSI forms a bullish divergence for potential reversal pattern
3. A significant bounce right after the price touched the blue region with the huge green candle.

Entry condition : When the price breaks out from the white resistance trend line

Target : $2043 (tp1), $2500 (tp2)
Forwarded from Plutus Capital
When we're trending up like this and the bullish narrative is strong, dumping right after a 4H close mostly doesn't work out.

Price ends up retracing most of the dump before the 4H closes. Looks like bulls have their eyes on $14600 as next place of interest.

Closing this 1H above $13515 confirms this idea because it'll establish a deviation below this point.

Market structure is still bullish so shorts should be avoided.

https://www.tradingview.com/x/eglKvBBk/
Today I spent a couple minutes moving most of my funds to my cold wallet. Here's your reminder too.

No exchange is safe.

Not your keys not your Bitcoins
Huobi might have just been raided. Second Chinese exchange in the last 15 days. I wonder who's next.🤔
Honestly both candidates are fairly good for the markets in long term. Trump is great for S&P500 while Joe is great for international development.
Electio... omg stfu! [sorry] Look at this:

1] ETH 2.0 is here, no snake oil! It's going live! Only validator keys for now it seems 🦄 Here is the github stuff: https://github.com/ethereum/eth2.0-deposit-cli/releases/tag/v1.0.0

2] A wallet w 69K BTC [almost 1 billion dollars] moved... It is being passed around hacker circles in attempts to crack its private keys, or maybe connected to Mt. Gox. Anyway, likely a non-event, but it did not move since 2015 🙈 https://twitter.com/Dogetoshi/status/1323753835391864832
I'm super sorry brothers and sisters, I couldn't drop you charts and updates. The amazing bull run pulled me into trading and enjoying the election period.

Nevertheless keep taking profits and hold on to your stoplosses. Enjoy the party!

Here's a little TA from our friend Alberto to substitute.


https://www.tradingview.com/x/IsUEx148/

A quick insight about the bitcoin dominance and its relationship with the altcoin season.

At the last few days, we've seen a huge increase in bitcoin dominance which makes the price of the bitcoin gaining to break out the $14000 resistance. The increase of the bitcoin dominance is the representation of the market's sentiment which build the positivity in the market, the whole investors are now starting to believe in bitcoin (in specific).

But, This kind of bias and sentiment could be the disadvantage for most of altcoins because most people too will move their fund to the bitcoin when they see a huge volume comes in bitcoin. This action will mean an output of capitalization on altcoins market but an increase of capitalization on bitcoin.

Still there isn't anything to worry about. Because this is exactly the similar pattern just like the altcoin season on 2017. At the beginning, the bitcoin dominance will increase and after that it will drop in the future as the dominance is now reaching out the golden pocket zone as a strong resistance. When the bitcoin's price has topped out, most people will put back their fund to the altcoins which will cause the increase of the price of most of altcoins in the market.

My suggestion for the altcoins bag holders is that you have to be patience and keep doing the averaging at every drop because altcoins season will come in near future.
A very good time to start locking in profits
Guys, sidenote. I share the content of a few channels but I repeat. I'm not associated to anyone.

The only communication paths at @cryptopotatoes and HP official handles.