Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$FILUSDT SPOT LONG https://www.tradingview.com/x/NLABsIJV/ Filecoin is a coin I would hate and love to have limit orders set on all the time because of its constant volatility. One of the play coins for SBF and CZ, which should be in your portfolio if you…
Stoploss hit on $FIL. XLM and CRV are still open.
Alberto has an interesting thought here
https://www.tradingview.com/x/LhMjOL01/
EW count, $19000 before the healthy correction
This is the 6 hours time frame which is becoming the most important and crucial time frame to watch on swing trading purpose. Bitcoin has shown a huge gain since a few weeks ago, price has shown us a bullish rally from the consolidation level of $12000 ish to the 2020 high of $18000 ish which is a phenomenal 63% gain in less than one month. However, during the huge rally there will be a consequences that we need to be cautious of, A correction. Correction has always been a part of major trend either on the bullish side or on the bearish side. On every major trend, we need a correction wave to represent that the major trend is not a part of manipulation.
The most useful weapon to identifying correction is by counting the Elliot wave structure of the impulse wave. Here is my EW count on the potential sub wave 3 in the grand cycle. Based on my count, I do believe that this 3rd wave on the grand cycle is moving so parabolic, that's why the 5th wave usually extends a little bit more than the wave 1 as the leading wave. If I assume the extended sub wave 5 of this 3rd wave structure, the white region can be a good place to stack your short position. It's very essential to watch at the current price action to identify the possible top on this sub wave 5.
From RSI, still we don't see any sign of the significant movement except the lower high structure which indicates the bearish divergence for reversal. When the 5 wave structure ends, we'll see further correction to potential of .382 fibonacci retracement level but, $24000 region is still there waiting us.
https://www.tradingview.com/x/LhMjOL01/
EW count, $19000 before the healthy correction
This is the 6 hours time frame which is becoming the most important and crucial time frame to watch on swing trading purpose. Bitcoin has shown a huge gain since a few weeks ago, price has shown us a bullish rally from the consolidation level of $12000 ish to the 2020 high of $18000 ish which is a phenomenal 63% gain in less than one month. However, during the huge rally there will be a consequences that we need to be cautious of, A correction. Correction has always been a part of major trend either on the bullish side or on the bearish side. On every major trend, we need a correction wave to represent that the major trend is not a part of manipulation.
The most useful weapon to identifying correction is by counting the Elliot wave structure of the impulse wave. Here is my EW count on the potential sub wave 3 in the grand cycle. Based on my count, I do believe that this 3rd wave on the grand cycle is moving so parabolic, that's why the 5th wave usually extends a little bit more than the wave 1 as the leading wave. If I assume the extended sub wave 5 of this 3rd wave structure, the white region can be a good place to stack your short position. It's very essential to watch at the current price action to identify the possible top on this sub wave 5.
From RSI, still we don't see any sign of the significant movement except the lower high structure which indicates the bearish divergence for reversal. When the 5 wave structure ends, we'll see further correction to potential of .382 fibonacci retracement level but, $24000 region is still there waiting us.
$BTCUSDT SHORT
You might wonder why I have set orders for shorts all the way from 18950 to 19150 when the market is raging with bulls. I'm relying more on the market sentiment here over technicals. I might be wrong but would hate to miss this RR. The math is in our favour here.
https://www.tradingview.com/x/X3wpES2p/
You might wonder why I have set orders for shorts all the way from 18950 to 19150 when the market is raging with bulls. I'm relying more on the market sentiment here over technicals. I might be wrong but would hate to miss this RR. The math is in our favour here.
https://www.tradingview.com/x/X3wpES2p/
$LTCUSDT HOLD
One of the few projects capable enough to blast through ATH.
https://www.tradingview.com/x/u7qn4vgH/
One of the few projects capable enough to blast through ATH.
https://www.tradingview.com/x/u7qn4vgH/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$BTCUSDT SHORT You might wonder why I have set orders for shorts all the way from 18950 to 19150 when the market is raging with bulls. I'm relying more on the market sentiment here over technicals. I might be wrong but would hate to miss this RR. The math…
This trade is more of a sentimental trade so I wouldn't put more than 3% of my folio on it.
Local top could be around $21,000. You can opt to skip this trade. I'm personally out of it now.
Local top could be around $21,000. You can opt to skip this trade. I'm personally out of it now.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
I did pick up some old altcoins last night. I'm expecting a major move in them.
Bam! In the money. I've reduced my XRP position significantly at this price.
$LINKUSDT SPOT BUY
Bitcoin is holding these levels. Chopping around in a $500 range which is good for altcoins. Money will flow from BTC to major alts. We have already seen this with XRP. I've completely closed the XRP trade and am allocating the same amount for LINK.
https://www.tradingview.com/x/0FpygWFy/
Bitcoin is holding these levels. Chopping around in a $500 range which is good for altcoins. Money will flow from BTC to major alts. We have already seen this with XRP. I've completely closed the XRP trade and am allocating the same amount for LINK.
https://www.tradingview.com/x/0FpygWFy/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$LINKUSDT SPOT BUY Bitcoin is holding these levels. Chopping around in a $500 range which is good for altcoins. Money will flow from BTC to major alts. We have already seen this with XRP. I've completely closed the XRP trade and am allocating the same amount…
Okay here's some stats to wrap the day.
0 leverage positions.
All spot positions without using 100% of portfolio we netted a +6.12% profit on the entire portfolio in just a single day. That's enough for risk management. That's equivalent to what the S&P500 gives in a year. Who said all crypto Investments are risky?
0 leverage positions.
All spot positions without using 100% of portfolio we netted a +6.12% profit on the entire portfolio in just a single day. That's enough for risk management. That's equivalent to what the S&P500 gives in a year. Who said all crypto Investments are risky?
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$LINKUSDT SPOT BUY Bitcoin is holding these levels. Chopping around in a $500 range which is good for altcoins. Money will flow from BTC to major alts. We have already seen this with XRP. I've completely closed the XRP trade and am allocating the same amount…
Breaking Down the trade
https://www.tradingview.com/x/caRSaY12/
What made me long it?
Take a look at the volume growth even in a sideways market. And yes PXI calculated the moving average variance and strength of the trend using historic price closes.
https://www.tradingview.com/x/caRSaY12/
What made me long it?
Take a look at the volume growth even in a sideways market. And yes PXI calculated the moving average variance and strength of the trend using historic price closes.
LITECOIN USDT 2019-2020
Just a little observation even if you automated the PXI.
Weekly chart making just 10 trade throughout the year.
https://www.tradingview.com/x/39pdUT8Y/
Just a little observation even if you automated the PXI.
Weekly chart making just 10 trade throughout the year.
https://www.tradingview.com/x/39pdUT8Y/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$BTCUSDT SHORT You might wonder why I have set orders for shorts all the way from 18950 to 19150 when the market is raging with bulls. I'm relying more on the market sentiment here over technicals. I might be wrong but would hate to miss this RR. The math…
Remember this chart?
Who would have thought this would turn into this. People who went with their hunch and followed are in the money!
https://www.tradingview.com/x/TpP4PcNk/
Who would have thought this would turn into this. People who went with their hunch and followed are in the money!
https://www.tradingview.com/x/TpP4PcNk/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Okay here's some stats to wrap the day. 0 leverage positions. All spot positions without using 100% of portfolio we netted a +6.12% profit on the entire portfolio in just a single day. That's enough for risk management. That's equivalent to what the S&P500…
I've reduced my position of ETH to just 1/4th of my previous position here. It might go over $600 but I would take profits at these levels.
Putting in the math. We first entered at $468.92 and sold at $499.83.
Re-entered at $503 and now selling at $590. That's over $120 in profit per ETH.
Putting in the math. We first entered at $468.92 and sold at $499.83.
Re-entered at $503 and now selling at $590. That's over $120 in profit per ETH.
$AAVEUSDT SPOT BUY
Entry : 71.5 - 72.2
Target: 79.3
Stop: 67.594
https://www.tradingview.com/x/dYQRQ6Mt/
Entry : 71.5 - 72.2
Target: 79.3
Stop: 67.594
https://www.tradingview.com/x/dYQRQ6Mt/
https://twitter.com/JayHao8/status/1331203850804490240
Okex is giving some serious compensation. I'm considering a shift. The rebates are amazing if you're annoyed by Binance funding spikes
Okex is giving some serious compensation. I'm considering a shift. The rebates are amazing if you're annoyed by Binance funding spikes
Twitter
Jay_OKEX_CEO
“We are all in the gutter, but some of us are looking at the stars” - Oscar Wilde Once again many thanks to all #OKFam for your patience, backing & trust in #OKEx amid the tough times. Reward programs are here to express our gratitude for your support! h…
$OMGUSDT SPOT BUY
Entry: $4.1 - $4.35
Target: $4.97 / $5.40
Stop Loss: $3.96
A green buy signal was printed on our altcoin specific indicator PXI and the trade seems very promising.
This the 30 minute chart. Anyone who trades knows the simple rule. Higher the timeframe, more accurate the analysis. What if I told you PXI has had 0 losing trades. Just imagine how accurate it is on the higher timeframes.
https://www.tradingview.com/x/YkUk3pCI/
Entry: $4.1 - $4.35
Target: $4.97 / $5.40
Stop Loss: $3.96
A green buy signal was printed on our altcoin specific indicator PXI and the trade seems very promising.
This the 30 minute chart. Anyone who trades knows the simple rule. Higher the timeframe, more accurate the analysis. What if I told you PXI has had 0 losing trades. Just imagine how accurate it is on the higher timeframes.
https://www.tradingview.com/x/YkUk3pCI/