JB110011

JB110011

BTC has been looking quite strong for the past few days, breaking up into the 7k region and has continued up to the 7300 area where it faces some strong resistance. As you can see on the daily chart there has been multiple pull backs to the 61.8 fib level after each impulse move. The 61.8 fib level for the most recent push lines up perfectly with the next daily...

JB110011 Updated 

POWR heading back down to test support at the 3100sat level for the third time. It is forming a descending triangle pattern which usually is a bearish sign. However if this support level holds for the third time it will form a triple bottom which is a strong reversal sign and we may see a decent bounce and a break out of the triangle. My ultimate entry for a...

JB110011 Updated 

POWR is respecting the short term downward trend and is forming into a falling wedge. Coming down to the lowest level it has been for quite some time, I have a buy zone of around 3000 satoshi just above a strong weekly level of support. Once we reach this level I will be watching very closely for potential long positions. Some potentially huge gains to be...

JB110011 Updated 

Potential inverse head & shoulders forming on ADA currently. ADA has broken down from the long term weekly uptrend briefly but bounced back up off a weekly support. It has then gone on to break out of the daily downtrend and push back up above the weekly uptrend. After a small retrace back to the uptrend line, ADA may find support here and continue up to...

JB110011 Updated 

XLM has pulled back down to the long term weekly uptrend and found support. After being rejected at a 4 hour resistance level it has retraced back down to the trend line and formed a bullish engulfing candle right off the trend line. Finding some resistance already in this push, I expect it to head down and retest the weekly uptrend. When it is back at this...

JB110011

BTC has had a strong pull back and is now at a key level of support. The 50% fib level which aligns with a 4 hour support and the previously broken daily downtrend line. If BTC finds support here then we may see a nice bounce back up to test the higher resistance levels again. This would also confirm new market structure making a higher low. If the support here...

JB110011 Updated 

ADA is getting very very close to decision time. Pushing down into a corner made up by a daily down trend and a strong daily support which has been previously respected. The last time ADA found this support level it spiked nearly 15% in 1 4 hour candle. If it finds support again here at around 2000 sats, we may see another strong bullish move. If the support...

JB110011 Updated 

After breaking out of the long term weekly downtrend, POWR has started to create new market structure with a higher high and higher low. It has now pulled back to a weekly support level which has been respected multiple times. If this support level can hold, we may see a strong bullish move back to test the previous structure around 5300 mark or even the most...

JB110011 Updated 

First trade successful on ZRX after it broke the short term downtrend with a bounce off the long term weekly uptrend, finding resistance and being rejected at the 15k sat level. After a small retrace, ZRX has found some support at the 38.2% fib level and looks like it could continue up to retest 15k. If it continues up we will may see a break of this resistance...

JB110011 Updated 

ZRX has been respecting its short term down trend for some time now. After pushing all the way down to the long term weekly uptrend, it has bounced back up to retest resistance around 14100. If it breaks upwards here it will continue to test the short term downtrend. Rejection here will see zrx head back down to retest the weekly trend line. If this scenario...

JB110011

Hoping that ETH will respect the bottom trend line of the channel it has been moving in for some time now. If we see it respected again we may see a bounce here to head back up to the top of the channel. Aside from the big push and pull back into the channel, ETH has been forming an upwards channel of higher highs and higher lows. A bounce off the bottom trend...

JB110011

After retracing and breaking through the 8k support level, btc has found some support and is forming a potential Elliot wave pattern. If we hold at the current support level and move up from here, we may see the previous high broken on the way up to complete wave 5. My target on this would be around 8900-9200. If this level of support which aligns with the 50%...

JB110011

After retracing to the 38.2 fib level, btc is now pushing back up towards the 8330 area. If the bulls have enough power we will a push up to test the previous top at 8500, either forming a double top and dropping back to support or pushing through and continuing up from there. If btc is rejected again at this level we will see it retrace to find support, with 8k...

JB110011

Having a look on the 15 minute chart btc has found a little bit of support at the 61.8 fib level of the most recent push. This also aligns almost perfectly with the top line of the previously respected channel. If we see another bullish impulse from here, we will retest 84-8500 and either break through and push up to test 8600, or form a double top and head...

JB110011

BTC now found strong resistance at the 8400 level and has now begun to retrace. I'll be watching closely around the 8k daily support level which lines up with the 38.2 fibs level. If we see a bounce there we will see price head back up to retest 8400. If the daily support can't hold we may pull back further to the next 4 hour support which is just above the 61.8...

JB110011

The bulls have really taken over the market for the past few days. Every target I set as a potential retrace point has been rejected so far. For now I am just holding my bag and waiting for some confirmation via candlestick analysis that BTC is going to start to retrace. GO BULLS!!!!

JB110011

Another strong bullish impulse move from btc over the past 24 hours. It has cracked the 8k daily resistance level and has continued pushing up through a 4 hour resistance at around 8160 wicking all the way up to around 8340 before pulling back and closing below 8339 resistance. From here we could see the retrace begin to test the recently broken resistance...

JB110011

WE HAVE LIFTOFF! BTC broke up and out of the consolidation box it had been floating in for the past couple of days. It has pushed up to the first major resistance at around 7780. If it gets rejected at this resistance level, we will head back down to retest the recently broken 7500 level. If the bulls have enough force and we break through this level we may...