Jimmy205

Jimmy205

Bitcoin's cup started on the 6th dec and finished on the 24th. it has finally finished its handle 3 days later. The cup and handle suggests a PT of 59k which is has proven to be a major resistance level for the past few weeks.

Jimmy205

As we hit the bottom of the declining blue channel on dec 14th, this formed the (inverse) head and currently we are seeing the inverse left shoulder playing out as we did for the right shoulder a few weeks ago. A breakout of this would likely cause the price to move to around $39, which is the upper resistance level since the reddit craze.

Jimmy205

Space has got a couple of gaps to be filled at $24 and $31. So there is high potential for a 100% move quite soon. There are strong upper resistance levels at $75-90 which may be tested on some very good news. The RSI is showing bullish sentiment as it did in the prior drop with a triple declining RSI retracement support. Furthermore, there is a double bottom...

Jimmy205

TTCF has a major resistance level to overcome at $20 and then may go on for a short-lived extra rally to $24. I would imagine a true breakout of this declining triangle would be apparent if there is a lot of resistance around $20, using this as support for a prolonged period of time . If not, we'll inevitably drop back to the $15.50 support level before having...

Jimmy205

Polkadot has broken out of its declining channel which was the handle of the cup. The cup and handle pattern suggests a movement to $65 at the 1.618 fib level and there is a major resistance level ion the range $80-90 around the 2.272 fib level. The two major indicators, RSI and MACD are both showing promising signs of a reversal, the MACD which has gathered...

Jimmy205

SQSP had formed a bearish inverse cup and handle pattern around 7 weeks after IPO. This i c&h created a price target of $28 and it stuck very much to this as a great support level. There is a resistance line at $40, no doubt it'll get there soon, whether or not it'll manage to breakout? From the indicators, I'm seeing a great MACD reversal sign and a low-ish RSI.

Jimmy205

- PLTR confirmed its head and shoulders as it broke through the support level on the 10th November - this implied a price target of of $18.65. The price only fell a few cents below this and used around $18 as a major support level. - Currently we are seeing a reversal signs in a lot of the indicators such as RSI and MACD. - There is a resistance level around $25,...

Jimmy205

- MACD cross - Low RSI bounce We saw a potential sign of reversal when the hammer candle ( green oval ) occurred. Typically we see a 70 degree increase from the lower support to the upper resistance, so i predict the price to be $400+ mid feb. This also is in corrolation with my previous BTC chart, posted on the 24th suggesting a crypto peak in Q1 2022. Have a...

Jimmy205

- Argo's 5 year RSI support has been hit three times now and has already begun to reverse suggesting a reversal fairly soon. - There's a double bottom on it as well which suggests a PT of £2.60. - Furthermore, declining volume suggests a breakout of this triangle is likely to occur soon. Wishing you all a great Christmas and a successful start to the new year...

Jimmy205

Clearly a diamond reversal pattern for beyond. Think a reversal is due in this general small / mid cap market. We broke out the diamond a couple trading days ago and have formed a bullish flag pattern since as we have retraced back towards the diamond support level. The Pattern suggests a price target of $81 within the next 8 trading days or couple of...

Jimmy205

Every 11 months or so beyond meat hits a crucial level. 1) IPOed boomed the stock 2) Covid struck... just 11 months after IPO beyond meat crashed to level not seen since the IPO. 3) The pepsi deal - 11 months after covid struck, beyond meat sipped a tasty deal with pepsi creating a false breakout. 4) Now here we are 11 months after the pepsi deal. The small / mid...

Jimmy205

- The sin wave suggests a peak in the crypto markets Q1 2022 giving us 12 weeks to reach the peak The similarities between bitcoins 2011-2013 rally and bitcoins 2020-2022 rally are uncanny. In 2011 there was an initial rally before a large sell off back to the support, followed sharply by a breakout through the support and now resistance level. After a couple...

Jimmy205

- Gap to be closed at $2.30 - $2.80 - Declining triangle has been forming for past three weeks and its tending towards the apex suggesting a breakout soon. - Low RSI and positive MACD cross. Merry Christmas

Jimmy205

- Two key support levels on chart have been hit suggesting a reversal is nearing - We now see the MACD beginning to cross. Recent history tells us this is major and tends to lead towards some large upwards moves - Low RSI on the rise as it gathers its momentum back. Merry Christmas!

Jimmy205 Updated 

Cup and handle has broken out a while ago with the breakout implying a target price of around 24. The first price target at 35 has been reached and I believe now its in a contemplation phase before the next downwards stage. Next few weeks should be telling. Once 24 is hit, I expect a rebound to at least $40.

Jimmy205

4.5x in next few months? With btc likely going to 100k this next quarter , will argo follow suit? This triangle suggests a major breakout up or down now its hit support and resistance 3 times each. Declining volume suggests breakout soon

Jimmy205

Price targets on the chart in blue. The MACD support is hit, the RSI has fallen below the 30% mark which is very rare There is another declining wedge - last time this happened we had a big movement upwards.

Jimmy205

Beyond meat has taken a typical three-drive reversal pattern which is an ancestor of the Elliot Wave pattern. Beyond is an excellent example and the best one ive found to date. The pattern suggests an upwards pattern to a first pt of the last drop ( D ) at $150. The pattern needs to breakout of 140 first and this is more than likely. Perhaps it'll rocket through...