jaesik87

jaesik87

A setup on litecoin has formed called the consolidation breakout and retest. It broke out of a noticeable range and has retested the zone with a green candle. Going long!

jaesik87

The double bottom while in a trend is a great strategy to have in your toolkit. The rules are as follows 1. We must be in a trend with consistent HH and HLs preferrably at least 2 of each. 2. A double bottom must occur and a red candle must not close below the wick of the previous low. 3. A new higher highs must not be formed in between lows. 4. The entry is a...

jaesik87

A bull flag right near resistance tend to break the resistance of it has enough momentum and volume. Why is this? It is simply due to massive volume and buying pressure forcing there way to all time highs. 1. The entry is the close above the flag pattern 2. The stop loss is 1 ATR below the flag 3. I use a 1:1 for target 1 while taking 50% of my profit and...

jaesik87

Compound has broken out of a long consolidation pattern. Wait for the retest and a green candle to avoid any false breakouts.

jaesik87

Go long! We see a ABCD pattern complete exactly at the 4hr fresh demand zone at 49.5k. A green doji is good enough to get in there.

jaesik87

Enter on break, sell into strength and get back in on retest.

jaesik87

Going long on NKN. Risking 7k to make 35k. Won’t be mad if I lose but def happy if I win. All the cards are lined up to make this a profitable trade. Volume on breakout, bouncing tremendously off the 200EMA above the 20 and 50EMA, RSI breaking out massively to the upside as well. NKN also got listed on coinbase and as expected dumped but usually they will...

jaesik87

Double bottom on 1hr 200EMA, + rsi divergence = possible ascending triangle forming. Good time to get in.

jaesik87

For those trying to short and time the top of BTC, BTC is still clearly in an up trending market and trying to go short is simply a bad idea. Just because we had a rising wedge “breakout” it doesn’t mean we’re going straight down and dumping. These patterns work better in downtrendinf markets. But what matters more is that we are being supported by HH HLs and...

jaesik87

Just like BTC, ETH is forming a strong doji on the 50EMA daily and a confirmation double bottom on the 4hr.

jaesik87

Many people will get wrecked today

jaesik87

Target towards 59.5k looking real strong after this downward trend line has been broken

jaesik87

IT IS WHAT IT IS

jaesik87

An obvious downward channel has formed. BTC dumped so much that an early pullback isn't out of the question. Can we break out of the channel for another chance to the upside or will we fall further to 50k?

jaesik87

BTC bouncing off major support + daily 50EMA Double bottom is confirmation to go long Target 59.5k

jaesik87

A classic deep retracement buy on major support levels. Buy here and sell at the resistance.

jaesik87

DOGE is forming bullish price action patterns after its breakout. It’s a good time to hold as a breakout of the smaller triangle on the right may push further buying pressure to the upside.

jaesik87

Our falling wedge retest is still in play. Long on the major support zone + 50EMA level with the target of 58.5K. 2. Short if we have a bearish confirmation at the retest level to potentially target the bottom of the wedge at around 40k