Jocoin

Jocoin

Hey everyone .. It was a nice run but its time to consider this scenario i think its worth sharing Lower time-frames showing many bearish signs. Bloody months could be coming Your thoughts are welcome .. Not A Financial Advise ..

Jocoin Updated 

We have been waiting for break down of uprising channel support .. price respected it for 3 weeks now but its coming to an end! price has formed higher high that touched major black resistance line and resistance area where we had orders waiting just incase .. Hidden bearish divergence still in play on daily chart and the last leg high created a classic bearish...

Jocoin Updated 

2020-02-21 No one will forget that date when btc drop from 10k level to below 4k 3 months ago in a matter of couple weeks We still have the same view for btc and its still correcting on long term although btc recovering and touching 10k level once again but same reasons on chart and indicators does match the previous situation .. Its time to be careful My...

Jocoin Updated 

Watching 9500-9900 area for a possible hidden bearish reversal that could play out unless btc go above 10500 Long term bearish trend will be a head if this happen

Jocoin

We were wondering which pattern btc was playing as we shared both scenarios for bullish and bearish view on Sep 26, As follow: We were expecting 8300-7500 area to be next support if 9k broke down and unfortunately it did. Bakkt launch date was bad exactly as CME but will bear market follow next..again! Descending Triangle initial target 5k Falling Wedge...

Jocoin Updated 

Breaking daily 200ema at 8700 was a turning point where i had my stop loss which was 1st sign supporting my alternative view for B correction wave instead of a new bull run that i like to share today. B wave top was in the form of H&S as well as reversal descending triangle, where RSI had printed bearish divergence. BTC in the past days has formed a bear flag...

Jocoin Updated 

We were expecting 8300-7500 area to be next support if 9k broke down and unfortunately it did. Bakkt launch date was bad exactly as CME but will bear market follow next..again! Descending Triangle initial target 5k Falling Wedge initial target 13k The question: Which pattern bitcoin is playing now... ?! 0.618 fib and 2d 200ema are strong to watch for reversal...

Jocoin Updated 

Did panic has started already? Price has come to the point where either strong sell or strong buy will follow next ... price can't keep moving longer in that range (9k to 12k) for more than 2 months ... the direction is not decided yet and i see the next move will give us the final answer. If the price bounce from this level again that will mean anything below...

Jocoin Updated 

Hey guys, today topic is very interesting and something that i have noticed since a while(CME) ... I think its the right time now(Bakkt) to share with you and let me know your thoughts about it... Fundamentals analysis is great indeed but i rarely believe it works for me more than TA. Because simply you can't know When the market will react to this news or How!...

Jocoin Updated 

Hey guys, A closer look to daily chart .. this could play out and something to keep an eye on! Cup & Handle (descending channel) ... Rounded Bottom continuation pattern ... 2 lower lows and 2 higher lows with ( 4 times daily hammer candlestick ) Price broke out 1h descending broadening wedge and it could be heading to next resistance at 10800 of this descending...

Jocoin Updated 

The breakdown of 10500 was a clear sign that price will drop more .. price didn't bounce at all .. but as a holder who has early entries, is it the right time to get out now?! did we just lost the uptrend? I asked my self a question: Is n't there a trend manipulation? our aim to focus on the trend and not get lost due to market manipulation! .....

Jocoin Updated 

Hey guys, I hope everyone doing well and enjoying his trades. I would like to send a message this time to this great community. I was using Coinigy for 2 years before i join TV 9 months ago. I liked the point of everyone sharing his ideas,experience and knowledge where others can learn from their success/failures... either they are right/wrong and i found this...

Jocoin Updated 

12H chart Ichimoku is very interesting ... We just had a bullish kumo cloud breakout, we have a bullish kumo cloud twist, and tenkan-sen crossed the kijun-sen, tenkan line holding price nice and all signs look bullish. 4H chart showing failing wedge + hidden bullish divergence ... time to take over: 12k level, 2d chart 2017 uptrend stubborn resistance as well as...

Jocoin Updated 

We didn't forget 2D chart last time it failed us, price didn't get candle close above 2017 uptrend channel resistance line on daily basis, only single one 2d candle close above it out of 8 candles .. this was deceptive and price started to head down to retest same channel support (previous resistance turned support) where we expected reversal twice below 9500...

Jocoin Updated 

In our previous idea: we have been counting on Blue-trendline & Green-supportline to resume uptrend. Especially after we adjusted blue trendline to the point it meet together with green line and its remain valid. Price bounced from this point. Our bearish condition still active: To turn Bearish we will look for 1D / 2D candle close below Blue trend line and Green...

Jocoin Updated 

To turn Bearish we will look for a daily / 2D candle close below Blue trend line and Green support line. In Jul 02 btc quick bounced from 9600 and because the market sentiment showed this area as strong support, a lot of people thoughts we will not go below it again including me where many stop losses will be placed below this price, but if we take a second to...

Jocoin Updated 

Reasons to remain bullish: This line has been resistance touched 2 times before breaking it to upside and in Jul 02 we called for a bear trap below 10k when this line turned to support and now we retesting it for the 2nd time ( another bear trap! ) Breaking below this line = bearish ABC correction moving inside symmetrical triangle with descending top and...

Jocoin Updated 

We have been watching recently the wedge development since spotted Jul 4. Few hours ago we said the wedge upper resistance line has been confirmed with 4 touch lower lows. 11/11400 area holding very nice and to expect breakout anytime soon. Now it looks like we got the breakout we have been waiting for after a massive 4hr hidden bullish div spotted as well as...