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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πŸŽ“Market UpdateπŸŽ“

Good day fellow traders and crypto enthusiasts. This is Lord Horst, announcing my return.

I have spent this weekend getting up to speed with where we are at. With regards to the big mover Bitcoin, it is trapped within this no trade zone. We will be watching closely for the signal that confirms direction as the week kicks off, but our bias is to the short side for the time being.

Alt market is showing strength across the board. Many currencies display signs of accumulation. They have been bustling with activity between the big moves on BTC.

It remains to be seen whether or not this accumulation cycle will end in favour of the bulls. A bullish BTC will send the accumulation plans into a tail spin. More on this later!

β–ͺ️ #LTC β–ͺ️ #XLM β–ͺ️ #IOST β–ͺ️
πŸŽ“ NewsMash πŸŽ“ - View Article

Binance continues to shake up the game. The latest initiative to hit the scene are two new, fresh, low sat trading pairs on the margin platform.

We now have exposure to #VET & #IOST. IOST was real quick out of the box, posting hefty gains ranging ~70-80%

Right now traders seem a little frightened to trade this pup after such astonishing gains.

Potential insider leaks are evident on the chart. Margin trading was announced 6 days ago. +70% posted 8 days ago.
πŸŽ“ Spot Trade πŸŽ“
πŸŽ“ #IOST / BTC - View Chart

πŸ”ΈSignal Info: IOST
Rank: #63
Exchange: Binance
Direction: LONG

πŸ”ΈAnalysis: As I've outlined in the post above. This should be considered pretty high risk. Not only because of the evident insider trading on the asset, but the fact that its the second lowest sat trading pair on margin.

With that said. It is seeing big volume, it has captured the attention of many traders these past two weeks.

I've just turned on my 100MA and it just happens to be testing it as we speak. Seems likely to give it a proper test after the past weeks gains.

πŸ”ΈStatus: Limit orders set.

πŸ”ΈCurrent Price: 73sats
Entry: 67sats, 60sats
Targets: 76sats, 84sats, 96sats