Here is the bitcoin's update for today :
- we can see that BTC has formed a channel down since December 2018
- Today, when the price touched the upper line channel which acts as a resistance trendline, it spiked down almost 3% just in 1 day.
- from the chart above we can see that BTC is approaching a strong support zone (yellow box region) based on volume activity.
- BTC's volume is getting lower over the last few days and I believe that BTC will find some huge volatility later.
- I will wait for confirmation candle in the yellow box region to open any long position, but if we break this yellow region, I am sure we will test the $3200 region.
Due to a low volume and a lot of uncertainty in the market, I suggest you to stay away from any trade for the short time and enjoy your profit first, sometimes it come to days like this in the market, the days when we lose a lot of volatility and lack of confirmation in the market. And the best trader who can control their emotion and keep being patient will be the trade winner in the last.👍
- we can see that BTC has formed a channel down since December 2018
- Today, when the price touched the upper line channel which acts as a resistance trendline, it spiked down almost 3% just in 1 day.
- from the chart above we can see that BTC is approaching a strong support zone (yellow box region) based on volume activity.
- BTC's volume is getting lower over the last few days and I believe that BTC will find some huge volatility later.
- I will wait for confirmation candle in the yellow box region to open any long position, but if we break this yellow region, I am sure we will test the $3200 region.
Due to a low volume and a lot of uncertainty in the market, I suggest you to stay away from any trade for the short time and enjoy your profit first, sometimes it come to days like this in the market, the days when we lose a lot of volatility and lack of confirmation in the market. And the best trader who can control their emotion and keep being patient will be the trade winner in the last.👍
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Photo
The fixed their system errors and the results are astonishing.
Chart dump time
Tons of alts that I have been looking at to jump in n and out for the scalper of my channel. Here is a treat.
https://www.tradingview.com/x/Y7lLfK7Q/
https://www.tradingview.com/x/0nn49k4A/
https://www.tradingview.com/x/wQiecQeH/
https://www.tradingview.com/x/CSM66XRU/
https://www.tradingview.com/x/cmKPnKSf/
https://www.tradingview.com/x/Gdp0RbuY/
https://www.tradingview.com/x/1oZknrDz/
https://www.tradingview.com/x/jXoiG9Af/
https://www.tradingview.com/x/XObjQSZS/
https://www.tradingview.com/x/s0ziyuiW/
Tons of alts that I have been looking at to jump in n and out for the scalper of my channel. Here is a treat.
https://www.tradingview.com/x/Y7lLfK7Q/
https://www.tradingview.com/x/0nn49k4A/
https://www.tradingview.com/x/wQiecQeH/
https://www.tradingview.com/x/CSM66XRU/
https://www.tradingview.com/x/cmKPnKSf/
https://www.tradingview.com/x/Gdp0RbuY/
https://www.tradingview.com/x/1oZknrDz/
https://www.tradingview.com/x/jXoiG9Af/
https://www.tradingview.com/x/XObjQSZS/
https://www.tradingview.com/x/s0ziyuiW/
📨 Hashed News Update
💵 According to The Block’s estimates, Binance, the world’s largest cryptocurrency exchange by daily trading volume, raked in $446 million in profits in 2018.
via The Block
📈 Bitcoin trading volumes have reached a new all-time high in a long-suffering state of Venezuela.
via TrustNodes
📲 Digital wallet Abra has introduced a new Bitcoin investment option for stocks and ETFs.
via Bitcoin.com
🤝 The Wall Street Blockchain Alliance (WSBA) has become the latest member to join blockchain consortium R3.
via Cointelegraph
🗓 Fintech company Apex Clearing is set to launch its own cryptocurrency custody product dubbed Apex Crypto.
via The Block
💵 According to The Block’s estimates, Binance, the world’s largest cryptocurrency exchange by daily trading volume, raked in $446 million in profits in 2018.
via The Block
📈 Bitcoin trading volumes have reached a new all-time high in a long-suffering state of Venezuela.
via TrustNodes
📲 Digital wallet Abra has introduced a new Bitcoin investment option for stocks and ETFs.
via Bitcoin.com
🤝 The Wall Street Blockchain Alliance (WSBA) has become the latest member to join blockchain consortium R3.
via Cointelegraph
🗓 Fintech company Apex Clearing is set to launch its own cryptocurrency custody product dubbed Apex Crypto.
via The Block
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
A quick trade from the competition. Still a good entry.
Haha. Daddy told you we were going up. Banged that trade hard. Well I played safe at 10x. That made over 40% of a profit when closed at current price.
Love me baby.
@cryptopotatoes
Love me baby.
@cryptopotatoes
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
#LTCUSD on BITFINEX : - it has temporary break to the resistance trendline that has been established since february 2018, but I am not sure if it is a clear break or just a bull trap (From the history, we can see that it did several bull trap. - if it is a…
Dang it. This has been my week. Praises to the Lord for giving us a $50 move on Bitcoin and all my moonboys are back.
This boring market would kill other channels but here, the number only grows.
Tell the world out @hashedplutus. Exploit all forums. Let them ban you but you are informed about the Absolutely Mashed trades.
This boring market would kill other channels but here, the number only grows.
Tell the world out @hashedplutus. Exploit all forums. Let them ban you but you are informed about the Absolutely Mashed trades.
📨 Hashed News Update
🌐 According to a recent investor update, the Telegram Open Network (TON) is now 90% complete, with the test network scheduled to launch next month.
via The Block
🤝 Cryptocurrency brokerage startup Voyager is going public in Canada through structuring the deal with an inactive mineral exploration company as a reverse merger.
via CoinDesk
👥 A recent survey of Amazon customers found that 12.7 percent of respondents would feel comfortable purchasing cryptocurrencies under the company’s brand.
via Investing.com
🇰🇷 South Korea’s central bank stated in its latest report that the issuance of a central bank digital currency (CBDC) would lead to a decrease in liquidity and growth in interest rates.
via Bitcoin.com
💸 CENTRE Consortium released a report claiming that USD Coin (USDC) is the second-largest stablecoin, with over 5.5 billion tokens transferred on-chain as of the end of the previous month.
via Cointelegraph
🌐 According to a recent investor update, the Telegram Open Network (TON) is now 90% complete, with the test network scheduled to launch next month.
via The Block
🤝 Cryptocurrency brokerage startup Voyager is going public in Canada through structuring the deal with an inactive mineral exploration company as a reverse merger.
via CoinDesk
👥 A recent survey of Amazon customers found that 12.7 percent of respondents would feel comfortable purchasing cryptocurrencies under the company’s brand.
via Investing.com
🇰🇷 South Korea’s central bank stated in its latest report that the issuance of a central bank digital currency (CBDC) would lead to a decrease in liquidity and growth in interest rates.
via Bitcoin.com
💸 CENTRE Consortium released a report claiming that USD Coin (USDC) is the second-largest stablecoin, with over 5.5 billion tokens transferred on-chain as of the end of the previous month.
via Cointelegraph
If you look at the current volume convergence, the likely scenario is the chart above
To reach the top trend line with the additional rise, it seems that it is difficult to break down the convergence pattern which was managed hard by the drop of the boring side, and it is set up short entry like the previous one
At least, tomorrow at 9 o'clock [Asian Market] in order to protect the volume, there is a very high chance of showing volumeless movement
To reach the top trend line with the additional rise, it seems that it is difficult to break down the convergence pattern which was managed hard by the drop of the boring side, and it is set up short entry like the previous one
At least, tomorrow at 9 o'clock [Asian Market] in order to protect the volume, there is a very high chance of showing volumeless movement