Crypto_Joe1

Crypto_Joe1 Updated 

It looks as though Trump is pushing for a trade deal with China as he approaches solutions to win him more satisfaction amongst American voters. A big part of his manifesto pledge was to get a better deal, which I believe he was saving for closer to the 2020 election, but as he is under pressure, a deal may be put through soon. Gold has been very closely...

Crypto_Joe1 Updated 

The same depressive trend line holding down this extremely powerful asset. Is it a matter of time before this breaks out with Bitcoin dominance topping and an impending bitcoin correction, now seems the perfect time for Ripple to begin a meteoric climb. I have entered from $0.30 and will add down to $0.20 if necessary. The longer price is aggressively supressed,...

Crypto_Joe1 Updated 

GBP/AUD marks a unique trade. Further pound weakness is on the cards in the next two months for two key reasons. 1) A potential vote of no confidence in the commons 2) A forced no deal by October 31st which I believe is becoming highly likely as time is diminishing before Prime Minister Johnson must make a decision. On the technical side, this retest of the key...

Crypto_Joe1 Updated 

The S&P is now continuously making all time high in its freshest burst of price discovery. This is more of a speculative trading pattern, a rising wedge which indicates there could a break down to 2950, and maybe down to 2750 support. However, in strong markets, what tends to happen is price breaks out upwards out of a rising wedge. This would indicate serious...

Crypto_Joe1 Updated 

Bitcoin is bearish. Start realising it, as I have been reminding many of you since $8700. When Bitcoin typically breaks out of a bear market, which it has done, it reaches the .382 level of retracement from the all time high. Now this is subjective depending on how you draw, but it could have easily already been hit. Looking at the long term trend, it is clear...

Crypto_Joe1 Updated 

1) Huge daily Bearish divergence 2) Triple Top hitting resistance 3) Failed and manufactured pumped 4) Unsustainable price action Targets - 640, 580, 500 Confluence between fib ranges and support areas.

Crypto_Joe1

Bitcoin is gearing up for another big push to the upside. A clear descending wedge, Stoch RSI cross looking bullish, and coming to the bottom of this range. At the moment, these are the ranges I see for Bitcoin. The pivot points seen on the left hand side of the supports and resistances. Selling R1 and R2 and buying S1 and S2 is a good strategy. Buying points...

Crypto_Joe1

This pair showing weakness whilst the dollar is running is a clear sign it is faltering at the moment. When we zoom out and look at the daily chart we can see the clear resemblances of the two corridors. 4 touches on the upper trend line and the correlation of higher lows and lower highs. This accumulation period looks almost identical to the period in late...

Crypto_Joe1

Shorting the next long term peak. Trend line hit and reversal ensued Negative divergence on MACD, as well as high TF rising wedge Targets - 0.96,0.945

Crypto_Joe1

Trend line should hold, could see a potential push to 156+ Break and close of 160 will trigger a big rally. SL - 148.50 Buy - 150 Sell- 156, 160, 177

Crypto_Joe1 Updated 

We can see higher lows and lower highs for Bitcoin as highlighted by the yellow circles, which indicates we're going to see a breakout soon. We're being firmly trapped by the 4h 200ema, and also supported by the month long trend line. With volume clearly dropping off with Ethereum hogging the limelight, it is unlikely we will break this 200EMA with any...

Crypto_Joe1 Updated 

So, we see a 4 grand waves, with their subwaves I've highlighted on top of the candles. Below I've highlighted the grandwaves with their respective retracements. We're currently in a descending wedge which is slowly entering the golden fib zone for the entire impulse move upwards from $80. $108-112 is where I will be longing with a stop loss at $104, targeting...

Crypto_Joe1

So, we see a 4 grand waves, with their subwaves I've highlighted on top of the candles. Below I've highlighted the grandwaves with their respective retracements. We're currently in a descending wedge which is slowly entering the golden fib zone for the entire impulse move upwards from $80. $108-112 is where I will be longing with a stop loss at $104, targeting...

Crypto_Joe1 Updated 

My attempt at an elliot wave. More experimental than anything else. Clear five waves up and an abc correction hitting the .382 fib level. This is followed up by another five waves, and it looks as though this will be wave 3 in a grand wave upwards, ready for wave 4 hitting around $100 (on bitfinex) which is .618 level, as wave 2 hit .382.

Crypto_Joe1 Updated 

Falling wedge on BTC approaching a very big area, $3k. Watching the reactions to both the upper and lower trend lines . Dependent on where it goes, it may be wise to go long should we see a final leg down to test 3k, and put the stop just beyond the trend line . Either way, 3k should see a significant reaction, and this lines up with a falling wedge . As for...

Crypto_Joe1 Updated 

Interesting corrective pattern spotted here.. Resistances less severe with every trend line, and once broken, seeing lower highs every time and lower lows. Every time the resistance trend line is broken, the price increases by a minimum of 120%. Clear support levels at $0.25 and $0.15. Will we see ripple re-enter the pre consolidation prices in this range,...

Crypto_Joe1 Updated 

Huge Bullish divergence on the weekly. Look at the macd cross. Aiming for that blue box for hopefully end of year target.. Highly oversold, and ready to rebound..

Crypto_Joe1

Zoom out to fix the scales (This is what happens for log scales...) Here we go. There are many similarities between the market crash in 2014 from $1000 to $200 and the one we are currently experienced. With this chart I'm going to point out some of the similarities between the two, and then go over what I'm looking for in the rest of the remaining period to...