The missing piece to the jigsaw of cryptocurrency
I know I delayed it a bit. But you will love this. Watch it move.
Love
Hashed Plutus Team
https://link.medium.com/e69HvhmYeR
I know I delayed it a bit. But you will love this. Watch it move.
Love
Hashed Plutus Team
https://link.medium.com/e69HvhmYeR
Medium
What on earth is it?
Yep I took longer than expected. I apologize for taking so long to compile this article. Now I can’t hold it any longer.
Wanted to throw a quick thought in here, so, as you probably know, stocks look very bad right now. Traditional markets experience a strong sell off that can potentially lead to global trend reversal and mark the beginning of bear market (though its pretty early to tell right now, just an assumption). Therefore, I am not sure if money will flow into crypto as hedge against the falling stock markets. Crypto was and continues to be a high risk speculative asset class and most likely people will withdraw their money off crypto (or at least reduce their exposure) out of crypto. Cash (fiat) is king during such times.
One can argue that crashing traditional markets can be a spark to ignite a new tectonic shift away from failing fiat system into the new world where crypto takes over, but thats just a crazy wishful thinking (at this point), haha, so don't take people saying that too seriously.
With that being said, do NOT over invest in alts right now. I (or other people who are following) might be posting a lot of ideas and set ups, but try to limit yourself to 2-4 positions at the same time, otherwise you taking too much risk if crypto goes dump. This is very tricky alts season, don't lose focus. I am flat on leveraged positions right now (though I have cash(fiat) just in case), and I am basically just playing swing altcoin position because this is the trend right now. Other than that I stay very cautious and rational.
Love
Plutus
The of God wealth
One can argue that crashing traditional markets can be a spark to ignite a new tectonic shift away from failing fiat system into the new world where crypto takes over, but thats just a crazy wishful thinking (at this point), haha, so don't take people saying that too seriously.
With that being said, do NOT over invest in alts right now. I (or other people who are following) might be posting a lot of ideas and set ups, but try to limit yourself to 2-4 positions at the same time, otherwise you taking too much risk if crypto goes dump. This is very tricky alts season, don't lose focus. I am flat on leveraged positions right now (though I have cash(fiat) just in case), and I am basically just playing swing altcoin position because this is the trend right now. Other than that I stay very cautious and rational.
Love
Plutus
The of God wealth
Intercontinental Exchange's Bakkt could get the green-light to launch its bitcoin futures product as soon as next week, according to a source with direct knowledge of the situation.
Bakkt, the cryptocurrency platform, in recent weeks has been meeting frequently with regulators from the Commodities Futures Trading Commission to get its product approved. A source said the regulator could approve the so-called Bitcoin (USD) Daily Futures Contract by the first week of November.
Bakkt announced earlier this week that its futures contracts would begin trading on December 12 pending regulatory approval, confirming a report by The Block published prior to the announcement.
Bitcoin futures allow traders to bet on the future price of the coin or hedge their positions in the underlying bitcoin market. Trading of bitcoin futures has been relatively muted on other markets, including CME Group and Cboe Global Markets. As reported by Bloomberg News, a mere 9,000 contracts traded a day on CME and Cboe in Q3 2018. “It has not been what you would call a roaring success,” Craig Pirrong, a finance professor at the University of Houston, told Bloomberg.
Still, Bakkt's product is unique from the ones trading on CME and Cboe inasmuch as it is a physically-settled future, not a cash-settled one. That means traders, at the end of the contract lifespan, will receive a payout in bitcoin itself, not cash, if he or she is on the winning side of the bet.
DV Trading, a Chicago trading shop, will trade Bakkt's product, according to a source. And Goldman Sachs is considering trading on Bakkt, as per an earlier exclusive report by The Block.
Absolutely Mashed baby
Bakkt, the cryptocurrency platform, in recent weeks has been meeting frequently with regulators from the Commodities Futures Trading Commission to get its product approved. A source said the regulator could approve the so-called Bitcoin (USD) Daily Futures Contract by the first week of November.
Bakkt announced earlier this week that its futures contracts would begin trading on December 12 pending regulatory approval, confirming a report by The Block published prior to the announcement.
Bitcoin futures allow traders to bet on the future price of the coin or hedge their positions in the underlying bitcoin market. Trading of bitcoin futures has been relatively muted on other markets, including CME Group and Cboe Global Markets. As reported by Bloomberg News, a mere 9,000 contracts traded a day on CME and Cboe in Q3 2018. “It has not been what you would call a roaring success,” Craig Pirrong, a finance professor at the University of Houston, told Bloomberg.
Still, Bakkt's product is unique from the ones trading on CME and Cboe inasmuch as it is a physically-settled future, not a cash-settled one. That means traders, at the end of the contract lifespan, will receive a payout in bitcoin itself, not cash, if he or she is on the winning side of the bet.
DV Trading, a Chicago trading shop, will trade Bakkt's product, according to a source. And Goldman Sachs is considering trading on Bakkt, as per an earlier exclusive report by The Block.
Absolutely Mashed baby
Morning my billion dollar worthy cryptomaniacs!
To start off we need to grab a look at SiaCoin Yep, it has been off action for quite some time now but as per reports and official announcements they are having a hardfork on the 31st of October. Apart from that Bittrex plans to list the SC/USD pair after the fork.
In my opinion we could see a nice rally of 30% - 45% in the coming week. Price currently rests at 112 satoshi and could potentially see 160 once the crowd gets it. Bang on early and make sure you get out of this trade before 31st October. Coz we ain't wanna be a permanent bag holder.
You were informed.
Hashed Plutus
The god of wealth
To start off we need to grab a look at SiaCoin Yep, it has been off action for quite some time now but as per reports and official announcements they are having a hardfork on the 31st of October. Apart from that Bittrex plans to list the SC/USD pair after the fork.
In my opinion we could see a nice rally of 30% - 45% in the coming week. Price currently rests at 112 satoshi and could potentially see 160 once the crowd gets it. Bang on early and make sure you get out of this trade before 31st October. Coz we ain't wanna be a permanent bag holder.
You were informed.
Hashed Plutus
The god of wealth
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
The missing piece to the jigsaw of cryptocurrency I know I delayed it a bit. But you will love this. Watch it move. Love Hashed Plutus Team https://link.medium.com/e69HvhmYeR
Now for a god like me its just another predication. Hardly a week down the lane and this gem has made us over 50% gains. Its is still not to late time yourself well and we can set ourselves to the goal of 25$ set.
Call given at $2 and now it trades at over $3
And yes we hit over 300% vs ETH
Godly gains
Call given at $2 and now it trades at over $3
And yes we hit over 300% vs ETH
Godly gains
#ADA
1) Zoomed out: under 0.5 of pre-parabolic bullish block, not bullish as long as it trades below it. Another block at 700-800 sat
https://www.tradingview.com/x/BGY6SRXs/
1) Zoomed out: under 0.5 of pre-parabolic bullish block, not bullish as long as it trades below it. Another block at 700-800 sat
https://www.tradingview.com/x/BGY6SRXs/
Zoomed in: weak bullish block (weak rally, couldn't break MS), just watching for a reaction, not shorting right here cause we close to it
https://www.tradingview.com/x/QNIvVLZa/
https://www.tradingview.com/x/QNIvVLZa/
#BTC
Bloody monday
Bitcoin broke down the range and bounced from bullish block below it at around 6200. Waiting to see how the price action develops from here, flat (no position)
https://www.tradingview.com/x/zW2Kbqyl/
Bloody monday
Bitcoin broke down the range and bounced from bullish block below it at around 6200. Waiting to see how the price action develops from here, flat (no position)
https://www.tradingview.com/x/zW2Kbqyl/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
So generally I expect end of market flat till the middle of next week or even earlier till the end of this week. Globally I expct rise, but locally price can be dumped to 6k$ area with pinbar for making only trend line piercing not breakthrough.
Now when the God of wealth calls it you gotta agree no crystal ball can prove him wrong.
Loads of money and stash of happiness.
Hashed Plutus babe
Loads of money and stash of happiness.
Hashed Plutus babe
Why I expect rise:
1. Mass media publish good news regarding crypto.
2. Stock market is going to crash in near future. And as we know now there is no correlations between crypto and stock market.
3. Wallet analysis shows that many big players are buying BTC now. Even well-known marketmaker who never was wrong by buying BTC at right time before the rise.
4. Also dont forget previous market review regarding global trend line whoch comes since OCT 2011.
5. And also Compound Fulcrum pattern is still active. Pattern is rare but works in general.
6. Below 6265$ we have several strong supports: 6200$ - blue trend line, 6000$ - concrete support level, 5950$ ЕМА100 on weekly TF, 5700$ trend line which comes from 2011-2012.
1. Mass media publish good news regarding crypto.
2. Stock market is going to crash in near future. And as we know now there is no correlations between crypto and stock market.
3. Wallet analysis shows that many big players are buying BTC now. Even well-known marketmaker who never was wrong by buying BTC at right time before the rise.
4. Also dont forget previous market review regarding global trend line whoch comes since OCT 2011.
5. And also Compound Fulcrum pattern is still active. Pattern is rare but works in general.
6. Below 6265$ we have several strong supports: 6200$ - blue trend line, 6000$ - concrete support level, 5950$ ЕМА100 on weekly TF, 5700$ trend line which comes from 2011-2012.
Now it's been a while I wrote for you guys. So here is a summary.
The market has ranged in the 6250 - 6450 range for quite sometime now. The volatility has been cut by a huge extent.
Altcoins are showing huge green dildos and must of our wallets seem to improve over time.
But now the catch is that these greens shouldn't mislead us to long. The whales are a sleep not dead.
I expect a huge move upwards in the next few days which will grab media attention again.
Just to update, i am staying away from #BCH and have no plans to enter this coin.
You are informed.
Absolutely Mashed Baby
The market has ranged in the 6250 - 6450 range for quite sometime now. The volatility has been cut by a huge extent.
Altcoins are showing huge green dildos and must of our wallets seem to improve over time.
But now the catch is that these greens shouldn't mislead us to long. The whales are a sleep not dead.
I expect a huge move upwards in the next few days which will grab media attention again.
Just to update, i am staying away from #BCH and have no plans to enter this coin.
You are informed.
Absolutely Mashed Baby
MARKET UPDATE
Hi to all!
Sorry guys for no detailed market update for a long time. As you could see earlier after some small rise impulse BTC went to market flat always. And just FYI, if in future Im not posting any market update than keep on track with previous one.
Lets look to the graph below (BTC D1 TF).
The price stuck at upper border of the wedge and at the lower border of Ichimoku cloud.
Hi to all!
Sorry guys for no detailed market update for a long time. As you could see earlier after some small rise impulse BTC went to market flat always. And just FYI, if in future Im not posting any market update than keep on track with previous one.
Lets look to the graph below (BTC D1 TF).
The price stuck at upper border of the wedge and at the lower border of Ichimoku cloud.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Photo
BTC D1 TF (Bitstamp)
BTC has next resistances above current price leve;:
6625$ - ЕМА100 on D1;
6820$-6850$ - EMA50 on D3 and ЕМА21 on W1;
7020$ - EMA200 on D1 and EMA50 on W1.
BTC has next resistances above current price leve;:
6625$ - ЕМА100 on D1;
6820$-6850$ - EMA50 on D3 and ЕМА21 on W1;
7020$ - EMA200 on D1 and EMA50 on W1.
There is a possibility that price can bounce down to the area at 6430$ (23.6% Fib), 6360$ (38.2% Fib), so for those who have opened LONG positions I recommend to update stoplosses for re-entering again at lower level in case of bounce down. I drew Fib retracement from the previous local dip at 6056$ by Bitstamp.
If the price could break through the upper of border of the falling wedge with good volumes and consolidates there then BTC has all chances reach 7500$ and even the target by wedge. The most important thing for BTC is stay above 6k$ and the more time BTC stays higher it the more chances to go higher.
Anyway dont forget about updating stoploss for now, because Im sure many of you have entry point lower then current price level. And if BTC has some risk, even small one, of going to 6k$ area would be better to have insurance with stoploss and re-enter at lower values.
Now lets talk about fundamental part
1) ETF
As many of you know 5th of NOV was a last date of accepting remarks and notes regarding 9 ETFs. Now SEC should give a feedback till 28th of DEC or postpone till FEB 2019 (but this is a last time when SEC can postpone it). The main question is: Why SEC declined ETF previously and then change mind and decided to give one more chance to review them again?
2) BITMAIN
Also many of you saw news about release of new ASICs by Bitmain. There are rumors that sponsor of previuos BTC pump on 2017 was Bitmain. If this is true then we had such picture - before BTC pump on 2017 Bitmain has mined a lot of BTC using their new (was new on 2017) ASICs, then announced them and pumped BTC for selling more ASICs and fixing BTC at high. Im mentioning only Bitmain, despite there are a lot of other mining equipment manufacturers. Just Bitmain is the biggest one.
So now we have almost similar picture - before the announcement new ASICs the mining difficulty was increased well starting from end of JUL 2018 till beginning of AUG 2018 and still growing (look at the graph below). But the price at above mentioned period was dumped well from 8200$ till 6000$.
If the price could break through the upper of border of the falling wedge with good volumes and consolidates there then BTC has all chances reach 7500$ and even the target by wedge. The most important thing for BTC is stay above 6k$ and the more time BTC stays higher it the more chances to go higher.
Anyway dont forget about updating stoploss for now, because Im sure many of you have entry point lower then current price level. And if BTC has some risk, even small one, of going to 6k$ area would be better to have insurance with stoploss and re-enter at lower values.
Now lets talk about fundamental part
1) ETF
As many of you know 5th of NOV was a last date of accepting remarks and notes regarding 9 ETFs. Now SEC should give a feedback till 28th of DEC or postpone till FEB 2019 (but this is a last time when SEC can postpone it). The main question is: Why SEC declined ETF previously and then change mind and decided to give one more chance to review them again?
2) BITMAIN
Also many of you saw news about release of new ASICs by Bitmain. There are rumors that sponsor of previuos BTC pump on 2017 was Bitmain. If this is true then we had such picture - before BTC pump on 2017 Bitmain has mined a lot of BTC using their new (was new on 2017) ASICs, then announced them and pumped BTC for selling more ASICs and fixing BTC at high. Im mentioning only Bitmain, despite there are a lot of other mining equipment manufacturers. Just Bitmain is the biggest one.
So now we have almost similar picture - before the announcement new ASICs the mining difficulty was increased well starting from end of JUL 2018 till beginning of AUG 2018 and still growing (look at the graph below). But the price at above mentioned period was dumped well from 8200$ till 6000$.
3) BAKKT
Intercontinental Exchange (ICE) a parent company of The New York Stock Exchange (NYSE) is going to launch Bakkt on 12.12.2018. And the first asset will be BTC futures contracts with physical delivery of BTC asset. The key word is "physical". It means that for trading operations will be used real BTC, not air asset like in CME of CBOE.
Details about how Bakkt will operate you can read here on the official website:
https://www.theice.com/products/69281872/Bakkt-Bitcoin-USD-Daily-Future
Intercontinental Exchange (ICE) a parent company of The New York Stock Exchange (NYSE) is going to launch Bakkt on 12.12.2018. And the first asset will be BTC futures contracts with physical delivery of BTC asset. The key word is "physical". It means that for trading operations will be used real BTC, not air asset like in CME of CBOE.
Details about how Bakkt will operate you can read here on the official website:
https://www.theice.com/products/69281872/Bakkt-Bitcoin-USD-Daily-Future
Theice
Bakkt Bitcoin (USD) Daily Future | ICE
ICE Futures U.S. offers physically delivered daily futures
contracts on Bitcoin traded in BTC/USD (subject to regulatory
approval). These contracts will be traded on ICE’s electronic
trading platform, which offers industry-leading speed and
reliability, regulated…
contracts on Bitcoin traded in BTC/USD (subject to regulatory
approval). These contracts will be traded on ICE’s electronic
trading platform, which offers industry-leading speed and
reliability, regulated…