CriptoJoe

CriptoJoe

After breaking this triangle pattern Bitcoin has kept going down, just as expected. Most importantly, Altcoins have been even lower, proving right our assumption that Bitcoin will keep crushing them, despite it's fall

CriptoJoe

I think there are a few things worth calling out related to the recent rise in gold. First, when the price of gold rises most people will point to existing geopolitical turmoil as the main driver. In a Reuters article this morning, Ashitha Shivaprasad writes: "Safe-haven gold prices hit an all-time high on Friday on track for a fourth straight weekly gain as...

CriptoJoe

Copper is crushing it! I've been trading commodities for a long time now and thanks God is finally showing. Besides Oil, copper was one of the best trades this last quarter: (the second could've been maintained for better gains) but this is the way I trade commodities,  Check the trend (very simple, up or down) Look for chart patterns (we see a big Head and...

CriptoJoe

When we talk about officially breaking down is when a weekly candle closes below, or above, a certain price level. This happened for ETH/BTC this week showing more weakness in the Altcoin market, and in crypto in general:

CriptoJoe

I wouldn't call it a crash, it's barely a correction, but Bitcoin price is falling.  Arthur Hayes, a well-known name in the crypto world, predicts the Bitcoin halving will eventually pump up prices, but warns that right before and after the halving, things could get a bit grim. The halving has a solid reputation for boosting crypto prices, but when everyone...

CriptoJoe

Here we can see tesla possibly being at support at the bottom of this huge flag pattern, we are waiting for this to explode. It also can break down for a capitulation before it goes up so, be aware

CriptoJoe

Why is this happening BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns COINBASE:BTCUSD 6 months straight up, summer lull incoming CRYPTOCAP:TOTAL3 Doing Lower lows since beginning of year.

CriptoJoe

Why is this happening BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns COINBASE:BTCUSD 6 months straight up, summer lull incoming

CriptoJoe

Why is this happening BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns COINBASE:BTCUSD 6 months straight up, summer lull incoming

CriptoJoe

Why is this happening BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns COINBASE:BTCUSD 6 months straight up, summer lull incoming CRYPTOCAP:TOTAL3 Doing Lower lows since beginning of year.

CriptoJoe

Why is this happening BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns COINBASE:BTCUSD 6 months straight up, summer lull incoming CRYPTOCAP:TOTAL3 Doing Lower lows since beginning of year.

CriptoJoe

Why is this happening? BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns

CriptoJoe

Why is this happening BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns COINBASE:BTCUSD 6 months straight up, summer lull incoming CRYPTOCAP:TOTAL3 Doing Lower lows since beginning of year.

CriptoJoe

Profiting from the Altcoin Reckoning BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns 6 months straight up, summer lull incoming

CriptoJoe

Profiting from the Altcoin Reckoning BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns 6 months straight up, summer lull incoming

CriptoJoe

Profiting from the Altcoin Reckoning BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns COINBASE:BTCUSD 6 months straight up, summer lull incoming CRYPTOCAP:TOTAL3 Doing Lower lows since beginning of year.

CriptoJoe

Already touched a negative area on the way up. Has been too extended for a long time. BTC is in super low volatility = No interest from the public Triangle top pattern Missed Revenue forecast by a long shot Crypto bear perspective pre-halving year bias

CriptoJoe

It's a clear W pattern, if volatility keeps rising we have high probability of spike up. This may not be tradable for most, like me, but is an indicator of possible breakdown for the indexes like the S&P and Nasdaq. Keep an eye on it and trade reactive and not predictive.