Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)

2021-05-04 13:23:16 $LTCUSDT Long term outlook We have been extremely bullish on litecoin from the very beginning and have made heavy gains on this coin. But in a few moment, you will see why this bull run is far from completed. As expected, we saw a runup from $200 to $300… Open / Comment

2021-05-03 23:17:43 $ETH gas fees are back to their baseline levels before we got the fork. This could be a potential indicator for a reversal or short term correction in price.

The current price is close to $3,300. I recommend closing at least a portion of your positions here. Open / Comment

2021-05-03 20:56:02 The itch to take action

A common phenomenon in traders, both noobs and seasoned traders, including me.

When the market gets shitty, or our trades aren't moving much, we have an itch to close it. No, no, don't confuse this with the gut feeling. The gut is a strong feeling. Itch is momentary.

This often leads to the premature closing of trades. This could be disastrous in the long run.

How to control the urge?
The first question is if your trades make you so restless, you're probably risking more than you could afford to lose. A good RR strategy strictly followed will help you out.

The second is to get off the screen. I saw a massive difference when I deleted the trading apps from my phone. I'm guilty of using the browser sometimes, but the hurdle stops me from checking my trades significantly.

You should probably trade on your laptop or desktop and get off it once you are done analysing or placing orders. This saves you from watching the small price changes and focus on your idea.

Lastly, try and meditate. You'll probably laugh this one-off, but even a few minutes of mindful rest is excellent to keep you sane. Perhaps after every meal, take about 10 minutes to let your mind wander. I don't think of anything specific. This allows you to cool off from the wild trading industry.

Keep yourselves healthy.

We have already picked up stunning entries on our trades. Just don't let the itch make you close the spot positions you opened. Open / Comment

2021-05-03 14:34:12 Open / Comment

2021-05-03 10:23:27 Yesterday's dump gave us a great entry for all our hold bags. Today, I'll be explaining a simple concept for filtering trades.

In trading, if you get your MTV right, you are covered.

M: Momentum
T: Trend
V: Volatility

Though all 3 can be gauged from naked price but still if one wants to use dedicated tools, one can use the following:

Momentum: RSI/MACD
Trend: MA/ADX
Volatility: BB/ATR

None of them are private scripts. All basic and simple to use.
People ask me why I stick to my EMAs and SR levels all the time when I've learnt more complex strategies. The answer is simple. I am a strong believer in market psychology. I want to see the same thing a common investor would see.

Basics

A normal investor knows previous support and resistance levels and will set his orders accordingly. We as seasoned traders know exactly what they look for and just use a few early confirmations to enter the same trades at a better price.

I'm sure alot of channels will feed you with the $BZRX, $ADA, $XLM trades today.That's a domino effect. I might not be the best in understanding the charts, but I try to understand people and that gives me the edge. Open / Comment

2021-05-03 08:49:47 $BTC / USDT Analysis A pretty late update today and I'll be honest here. There are very few days I find it this hard to make a decision. The market is extremely indecisive here. Do not open any position without a prior stop loss set. The small shake out… Open / Comment

2021-05-02 14:01:45 $BTC / USDT Analysis

A pretty late update today and I'll be honest here. There are very few days I find it this hard to make a decision. The market is extremely indecisive here. Do not open any position without a prior stop loss set.

The small shake out gave us a good opportunity to load HOLD bags charted above. ($XLM, $1INCH, $BZRX). These are based on macro trends so do not freak out with short term movements.
Apart from these, we also have the massive bags we bought on March 26

$ETH - $1576
$LTC - $175
$TRX - $0.06
$SUSHI - $15

All in all, we have a very good hold portfolio set.

The monthly BTC printed a doji which usually signifies indecisiveness. The market sentiment is close to neutral but the weekly 21 is still lagging. The weekly close tonight will give us more clarity of the upcoming move. Just be alert to make profits on both directions. Don't try to over analyse the markets and predict a move. Be quick enough to react and profit off the move.

https://www.tradingview.com/x/Xwqe1iOD/ Open / Comment

2021-05-01 08:43:56 $BTC / USDT Analysis Many moving parts in this so lets break it down. 21 Weekly EMA (White) My most trusted piece, the weekly EMA hasn't been tested for quite some time now. In a healthy correction, I expect us to test this level. Coloured Blocks Red indicated… Open / Comment

2021-05-01 08:34:23 $ATOM / USDT

Higher TF trade here. Looking at a break from minor resistance. Strong EMA support on both 4h and 1D chart. Very good consolidation after the pump on 26 Apr.
Target 1 is much stronger than Target 2 so I expect a little volume boost to spark a strong move upwards. Final target is based on the 1.618 extension.

https://www.tradingview.com/x/F3zjk01d/ Open / Comment

2021-05-01 08:13:26 $BZRX / USDT

Another coin I'm planning to accumulate in the given range. The coming months are fundamentally very strong.

https://www.tradingview.com/x/38Yh0bOF/ Open / Comment