jackdavidpiney

jackdavidpiney Updated 

The thought crossed my mind, the Fibonacci sequence starts from 0, so what would that look like on the btc chart, I input the values and have been speechless for a few days. Not only is the all time Fib measurement astounding... the all time 0.618 is in confluence with the current 0.618 which just adds weight to my theory, and bias, which I am more than happy to...

jackdavidpiney Updated 

Refuse to get comfortable, explore and study. There is always something to learn.

jackdavidpiney Updated 

Only 3 ways the market can go. Here are the supports and resistance I am watching.

jackdavidpiney

Bitcoin has a long way to go and a lot of confirmations to give before we can call bull. Yes, this may be the bottom, give or take a few hundred dollars. But what is happening right now? Daily - Hidden Bearish Divergence as the RSI makes higher highs but price falls against the oscillator, this means that price must either break the $6816.6 high or it will...

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jackdavidpiney

Gotta break those EMA's first. Links coming.

jackdavidpiney Updated 

Repetition and breakout, repetition and breakdown or fail to repeat and look for new support? Looking for 108.55

jackdavidpiney Updated 

Happy Monday Tradrz, Long-term plans. There are a number of ways we can invest based on a long-term belief that BTC will continue to appreciate in value. DYOR, find a technique that suits your personality, the last thing you want to do is fight your emotions AS WELL as fighting the chart. Here are the historically accurate supports and resistances, based...

jackdavidpiney Updated 

$7400 shouldn't surprise anyone, 20-40% corrections are commonplace in BTC price history. Failure to the drive into Ichimoku Cloud resistance, the Swing High and failure of 9 & 20 EMA support prompted this chart, and although most know me as a bull we can't let our bias get in the way of our technical analysis. Measuring from the lowest body of the 2014...

jackdavidpiney Updated 

Short 8400 support or 7k retest? Looking for .618 Support. $8400 Expecting .705 to hold. $7000 Notes: 55 EMA support RSI divergence. Trend. MACD possibly dipping under 0. (Not happened since 2014.) T3 CCI failed to cross above 0. Ichimoku Fail.

jackdavidpiney

Can the 55 EMA hold this time? Notice the times we failed, we were under the 9 & 20 EMA... Not this time... Will it make a difference? I expect so. We need; - The EMAs to flip Bullish (9, 20 & 55, top to bottom sequence.) MACD Bullish cross to hold and RSI to hold 50. Worst case scenario currently, 90 EMA test at $8200-8400 I have Buy orders all the way down...

jackdavidpiney

After such an incredible rally, can ETH hold the new support structure and break out of Span B? Buy orders spread down to $530

jackdavidpiney

Until we find support on the $9100, the bears will continue to talk about 4.5 before they consider that 8, 7, 6 & 5k also exist... Daily 55 EMA Support at $8400 Currently leaning bearish and considering how low we might go.

jackdavidpiney

Too bullish?.. Yeah... Too bullish Birthday PARODY technical analysis. I'm old(er) now and I don't get gifts, so I am calling upon to CryptoGods to rise from the ashes, rain down fiat onto the land of cryptocurrency and let the profits grow in your sweet land of gains. Thanks...

jackdavidpiney Updated 

A lowly long term bull in a forest of aggressive short term bears. Levels, confluence, pattern rec. thepatternsite.com Adam & Eve Double Bottoms Overview Adam is a term that describes how the bottom looks, in this case, a narrow, pointed bottom, perhaps with a one-day downward spike. Eve bottoms are more rounded looking and wider. If they have spikes, they...

jackdavidpiney Updated 

As you can see, we broke out making higher highs and higher lows, but we must retain support on the 55 EMA for another chance at the 90 EMA and the .786 FIb level (3190 sats) I will update the idea as it progresses. I am already in and have buy orders averaging down to 2500 sats. Targets: 3190 4380 5220 6060 Stop Loss 1500 Small Portfolio Risk!

jackdavidpiney Updated 

If in doubt, blame Bulkowski. Or remember "The weakest link in the trade is the trader" Dr. A Elder thepatternsite.com thepatternsite.com

jackdavidpiney Updated 

No voodoo here, no nonsense, just a simple possibility. 1 simple trend-based Fib, 1 simple possibility based on what happened last time we failed the Weekly 50 MA. I am not a bear, I want nothing more than to get back on track, I am hedged with buys all the way down. Dollar Cost Average, don't catch knives. Long-term survival Steady growth High profits In...

jackdavidpiney Updated 

Bulkowski's Big W. Keep in mind that we are in a long term down trend, making this riskier than usual. In fact I am bearish and short so this goes against my bias, but the possibility serves as an education for myself and documented specifically so I do not lose the chart. Enjoy. Characteristic | Discussion Price trend: Downward leading to the pattern. Shape:...