JL_WealthandLoyalty

JL_WealthandLoyalty

Heres another pennant present, this time formed, Dash on the H4 timeframe projecting a target around $169.. the price has reached the first interim and returned back to the funnel level then to push back to the first interim were it is currently sat.. The price may pull back to the funnel again but i could easily see the price having rised possibly even quite...

JL_WealthandLoyalty

Its becoming quite apparent that there is going to be some crazy action within the crypto realm this year with these macro patterns being appearing across the board.. Here we have Litecoin's price action forming a pennant on the Weekly/Monthly timeframe, im currently waiting for RH3 to be form then followed by the RL3 to give us our funnel and confirmation of the...

JL_WealthandLoyalty

Scenario casting on bitcoin through the Monthly/Weekly timeframes and again seeing another HUGE potential set up, again currently waiting to see if the price will form the 3rd relative high within the pattern to follow on and make the 3rd relative low giving us our funnel and confirmation of relative price zones i.e Entry, Exit and Target (The Golden Triangle). In...

JL_WealthandLoyalty

Scenario casting on Ethereum Weekly/Monthly timeframe and i see a potential HUGE set up, currently waiting to see if the price forms the 3rd relative high in the pattern to further await a 3rd relative low to be formed giving us our funnel and confirmation of price levels i.e entry, exit and target (The Golden Triangle). As it stands through my own anticipation of...

JL_WealthandLoyalty

Another pennant present, could expect a little pull back, if i was to re enter as the set up has already triggered i would look to buy within the golden zones if the price pulls back and signals it will continue long.. (Take at own risk) Price is currently sat just underneath the 2nd interim within an ascending channel, many situations are possible while following...

JL_WealthandLoyalty

so i've done a couple of scenario casts on XRP over the last week or so following the price, my last two was regarding the PA forming a pennant under the resisting trendline to give the momentum to push through and beyond to a new higher high and the other just pushing to the trendline doing the traditional break and retest strategy.. so it turns out the PA has...

JL_WealthandLoyalty

2nd scenario cast on XRP going long pushing the price to form a new Higher High

JL_WealthandLoyalty

scenario casting XRP going long whilst forming a Pennant taking the price just north of $0.26

JL_WealthandLoyalty

Was initially just having a look at the chart but i found myself interested by the PA, trend structure on H4 seems to have been broken and a falling wedged formed off the ascending channel after a Higher High was formed. Overall downtrend could continue but the technicals seem interesting, definately worth keeping an eye on!

JL_WealthandLoyalty

scenario casting off my previous analysis with XRP, last period(candle) was engulfing at time of analysis..

JL_WealthandLoyalty

just scenario casting from my previous analysis

JL_WealthandLoyalty

Clearly we are still in a down trend with the structure being held by the supporting Lower Lows and Lower Highs (red highlighted LL+LH) :(..... How ever the current price within the counter trend is at quite an interesting point, after being pulled back above/up to support and back into the counter trends channel where the next Higher High is looking to be above...

JL_WealthandLoyalty

just a quick chart up on some forex with gbpjpy, grinding the resisting trendline withing a channel will the bull over come it or will the bears reign and pull back from the 61.8 (current price level)?!?

JL_WealthandLoyalty

Possible tweezer top forming off the $195 region of FACEBOOK INC'S ongoing bull trend projecting a target in the $106 region (45% Loss) whilst the price has also formed a rising wedge as it climbs through the trending channels plus another tweezer top on lower time frames (H4/H1) possibly tipping the wedge. With the onslaught of negative news and publicity on...

JL_WealthandLoyalty

Just some scenario casting here on NEO/USDT, I am personally in favour with a long scenario although i am completely aware we're in a bear market. I am not expecting it to unfold anytime soon, in fact i expect it to consolidate between the current lows and the $80 region on the higher timeframes (weeks possibly months) before continuing on.

JL_WealthandLoyalty

showing only what's relevant to levels of significance regarding the currently active INV Pennant on Bitcoin following my analysis from the $20k ATH

JL_WealthandLoyalty

litecoin for a 4.7 RRR

JL_WealthandLoyalty

Keeping the TA simple but the geometry for a bull pennant lies there, will PIVX be taken to new heights against bitcoin or is that a rejection we see with a bearish pennant forming a funnel now?!? Given the buying pressure seen withing the bullish bursts I wouldn't expect so but only time will tell.