JoeyRocket

JoeyRocket Updated 

Revisited this long term chart and updated it. It's really hard to be bullish after revisiting this. To expect BTC to start being in a medium term bullish trend would be to expect BTC to do something it's never done. We're currently at the halfway mark towards the next halving, it's always bearish and in a medium term downtrend during this time. Per my...

JoeyRocket

Comparing, watching, hoping it's not the top but I'm acting as if it is until I see things that lead me to believe it isn't 🤞🏼 COINBASE:BTCUSD

JoeyRocket

Time periods and % rise and falls

JoeyRocket Updated 

After BTC makes big runs, it likes to dump 30%-40-% It's not what I want to happen but I'd be ignorant to ignore the many times this would happen. Of course we could just be bull flagging and getting ready to run up some more but we'll have to wait and see. either way it's amazing to be where we are right now after waiting so long for the price action to get here.

JoeyRocket

So I'm guessing we land and bounce in one of the 3 areas, 30ish% cause vpvr, 618 fib and also 50% fib channel 40ish% area because most of the dips happen between 30-40, would land near the bottom of the fib channel and also on the 382 fib 44ish% $4200 because of that big resistance that got broken and never retested I think 44$ is least likely but I hope it...

JoeyRocket

Was kind of expecting this but could have went either way as always, lucky guess. I'm long term super bullish

JoeyRocket

It's quite possible I could be in the disbelief stage! Be safe out there either way people! I think we'll need to re-test some previous lows soon.

JoeyRocket

To date, ₿itcoin has "died" 339 times..or has it? Like the internet and sites like Amazon, people fear & discredit what they do not understand. Here we are in another moment in the timeline to which the death claims of Bitcoin persist. Where they see death, I see new life & opportunity. Happy New Year, great luck and please like/share the post if you found this...

JoeyRocket Updated 

TradingView (JoeyRocket) - Ver 1. Another possible inverse Bitcoin Head & Shoulders pattern forming. It's still early so I'm not getting all hot and bothered just yet. This would bring some nice relief and boost moral which could be counterproductive in regard to capitulation but would be a nice chance to capitalize off of. •The first retracement would bring us...

JoeyRocket

TradingView (JoeyRocket) - If we don't tank to the $3k area soon I could see a retracement up to the 518 Fibonacci level. The BTC chart seems to respect it veery well and it would make sense. The big hurtle is the 50% but once we get passed that it could be smooth sailing up to the 618. I do think we'll have a tough time passing through since there is a fair...

JoeyRocket

I think we need much more seller/buyer volume. We have barely scratched the surface with comparable volume in previous months this year. Will we need similar volume is a question I don't have the answer to of course. What do you think? Great luck and please like/share the post if you found this insightful! Please share ideas if you see holes in my TA, it will...

JoeyRocket

Of course I want BTC to moon and could bounce soon but I can't negate what the chart shows... No one knows what can happen but its good to look into to try to get an idea. I think the biggest lesson for many people is to keep an open mind of what is possible and what is not. So many people said Bitcoin would never get over $100-$1000-$10,000... but were...

JoeyRocket

History has shown many time that the word oversold can be very misleading, especially for people thinking this is the bottom. I have made the mistake of falling into this trap and thinking prices can't go lower so this is a reminder to myself and others to be very careful believing this word to be truth and factual. Its the Relative Strength Index ( RSI ) not the...

JoeyRocket

I'd love to hear some thoughts. The optimistic side of me wants to be like wooohoo we are 42 days away from a new direction change but the pessimistic side wants to say things don't always work out the way we want. Over all this makes me optimistic that we are close. This lower trend line has held really really well over the last 6 years. Lets hope it continues

JoeyRocket

This project is a weird one... Looks like the most epic pump and dump coin for the most part but it has been making higher lows and they are building things so who knows. I have no hate or admiration at this point but either way is money to be made off this one for sure. Not sure if now is the time to buy but I think its a good time to watch. It's also breaking at...

JoeyRocket

I would never buy just because of this but its good to see and I'll be watching super closely. I do think we are due for a bump. The question is how long will the bump last. Either way I will do my best to capitalize on it and prepare for the worst. Monthly chart Great luck and please like the post if you found this insightful! Please share ideas if you see...

JoeyRocket

Could be nothing, could be something, either way its probably a good time to start setting some alerts for Dash. We have some class A bullish divergence on the RSI & Macd . Also volume is in the same area it was before the last pop up of around 100% This is no guarantee we are going top the moon but definitely noteworthy bullish divergence - - "Class A bullish...

JoeyRocket

I think Dash is worth watching closely, the RSI is in oversold territory, stochastics are low and the macd looks like it may be finding a bottom soon. As you can see the RSI getting into the oversold area is no guarantee it will move up, its lingered down there for months in the past but its still worth setting some alerts to keep an eye on. Last burst in price...