jamoooo

jamoooo

With ROSE trading lower along with its token release schedule, the ROSE market cap chart has proved to be a very good indicator for TP and demand zones. Over the bear market the ROSE market cap chart has developed into a very clear descending triangle. I have been day trading ROSE throughout this bear market and today's daily close saw the first break below the...

jamoooo Updated 

ROSE has found support at the Yearly open I flagged as the lower zone in my last post. While the overall market is still very weak I expect some correction from here A good strategy now could be to buy dips below the yearly open, targeting the zones as marked, or buying the a break above the Quarterly as marked Trading below yearly open and 0.05 this will...

jamoooo Updated 

In my previous idea on ROSE I detailed how ROSE had hit a key zone of support between the monthly and Quarterly opens at 0.18-0.16 I opened a trade in the dip below 0.16 and now we are watching ROSE try to hold and regain this support I have already closed half my position on the break to 0.18, but wanted to detail what a positive MAY would look like for ROSE, in...

jamoooo

Keep an eye on TOTAL2 Chart strong close sees TOTAL2 attempting to break mid-term down trend Heavy Bearish sentiment but some positive signs for short to mid-term trades Resistance and support marked In the unlikely scenario we break above marked neck line on inv' H&S, obviously things will shift very rapidly Positive indicators on Daily: MACD bullish cross...

jamoooo Updated 

ROSE has now entered what I have mapped out as a key area of interest, between the 0.18-0.16 range (between Q and M opens), though the market is looking grim to choppy, with TotalDefi looking particularly poor. ROSE has just engulfed both the significant 0.2 and 0.18 supports. I am hoping market can hold sideways here, but it does not look promising, these are...

jamoooo Updated 

What to do with ALTs? In my recent ROSE analysis I included this TOTAL2 chart, just wanting to show a quick update. Somewhat remarkably, despite a few significant wicks below the trend, this structure of TOTAL2 is still in place, within this descending channel BUT now below many key levels. Let me be clear - this is structurally very weak, but we can possibly...

jamoooo Updated 

Looks like a rally is likely. Buying on any returns sub 0.31 is likely a good play, or on successful retest of 0.32 support I will be closing 50% of the trade I opened at the first target (between 0.355-0.36) Another 25% if we hit the second TP zone marked As with related ideas on ROSE, I will update this thread as price develops - feel free to follow ROSE...

jamoooo Updated 

Continuing my recent focus on ROSE, outlined in the chart is the structure I hope ROSE will hold, which will produce a very bullish bias towards price discovery in the coming weeks. I want to see ROSE retesting that 0.36-0.32 range before breaking upwards. I do not want to see rose trading on the daily below that 0.30-0.27 range, and waiting ergerly for it to...

jamoooo

As charted, ALGO has formed a falling wedge on daily and retesting lower demand. If BTC rally continues will see a breakout soon with Profit targets marked

jamoooo Updated 

Continuing my analysis on ROSE, possible falling wedge in formation. BTC is pressing lower support so we might anticipate a drop or an impulse up. If we fall further I am watching two key points: a possible falling wedge bounce at the minor support around 0.24 If we see a serious impulse down, 0.23 has acted as good support but will be looking to deeper...

jamoooo Updated 

ICP continues to draw down, possible short term trade being setup - targeting $27 range as marked in chart. Not expecting further breakouts but possible continuation mapped out if we see strength, but likely we see further sideways This is a short term trade idea Still accumulating small amounts of this for long term, although structurally weak

jamoooo

Everyone is watching BTC, there is an expectation of a further drop and even a continued bear market. I am in the neutral camp with the current price action, with a bullish bias - I think this is an attractive area to be speculating long. There is currently a confluence of indicators telling me that we are ready to retest the 54 and possibly 59k range. OBV...

jamoooo Updated 

Quick update from my last post on SOL, after a failed breakout (cut short by BTC) SOL has consolidated into a failing wedge and is pressing now upon a daily support area. Indicators suggest a possible rally, though as per my previous idea a breakdown could see us revisit the support 145 range, which is a value area and global bullish trend of SOL's entire bull run...

jamoooo Updated 

ROSE has seen a strong pullback with the rest of the market, but unlike many alts the overall marco bullish trend remains intact (for now), this trend is indicated by the heavy teal line on the chart. The trend was threatened yesterday but structurally we can see that it is likely the long term traders rather than trend traders who have been stepping in and using...

jamoooo Updated 

I grabbed a small amount of XTZ last dip as it was approaching a zone of interest. It has subsequently seen a nice bounce which has broken from the declining trend marked on the chart. it is currently retesting this breakout and could be worth entry. This rebound is confluent with the 0.68 fib retrace and support zone marked. Note, the trend does not touch that...

jamoooo

Take a look at the consistency of the (Binance) 4H OBV trend, which remains for me very instructive. I use the Binance volumes as they are the largest but I am looking to script something that draws OBV data from all the major exchanges to see if it yields anything actionable. But the Binance 4H OBV has remained remarkably instructive - this is part of the reason...

jamoooo

I have seen a lot of charting around the TOTAL market cap which looks to identify the failure of the Cup and Handle formation that had very promisingly developed and the recent massive pullback below the Cup and Handle major resistance as the start of a mid-term to long term bearish trend. While I am not ruling this out, to my mind we are still looking for...

jamoooo Updated 

This 4H close will be a critical! My recent posts on ROSE have been following its price action closely, ROSE has withstood a big sell pressure the past 3 days holding above the 0.3 support and buyers are now regaining the upper hand and looking to close the 4H and the daily above the critical 0.32 level If we close this 4H (which will also be the Daily) above...