jamc

jamc

... in the final stages of the perfect descending triangle that started months ago. Buy @ 5'300, SL @ 5'200, TP @ 5'600

jamc

Reaching the bottom 10% of the last 9 months price action, either Btc has found a footing, or it's more or less over for the bulls. (-.-)

jamc

After finding a nice support zone above the earlier low, cryptos in general made a nice rally in the last couple of days with Ripple and Bitcoin Cash taking the lead at over 60% increase since April 12th, then Ethereum at +36%, Litecoin at +30% and finally Bitcoin at +22%. Now prices are hitting the descending resistance for the 4th time, it remains to be seen...

jamc

Price action is now back into support zone (Green) after bounce off the dotted trendlines but again trending lower. It remains to be seen if prices will go back up after a sharp fall , or retest the up-going support zone (blue circle). With many companies weary of promoting Cryptos (latest Ad-ban came from Twitter), imho, prices will go lower and remain in the...

jamc

After breaking below support zone (green), Bitcoin will soon be reaching a weak support ascending trend line zone (light blue circle). Possible scenario, bounce back to the upside after reaching that region .... Most likely scenario, however, drop down to bottom of channel, convergence with previous bottom

jamc

Price action is well within predictable support / resistance regions. First it hit the ascending long term support (yellow circle), then it bounced off the descending resistance (red circle) ... now at support level (green region). Two possible scenarios within light blue triangle : 1. re-test descending resistance, possible breakout to the upside 2. break of...

jamc

As above. Bitcoin reaching the descending trend line from the highs of 2017 as well as trading at resistance. It will be interesting to see if it will go back down to support (green region) or manage the break above the resistance (red region). Interesting also that it dropped on February 6th exactly to the point to the first previous multi-months support, and...

jamc Updated 

As above ^.^

jamc

Clear cut trendlines on the daily logarithmic scale with joining point @ around 8'500, also, clear cut descending channel almost to the pip. 1. Status quo : possible price scenario if no government intervention, sustained interest in cryptos for the public at large 2. Crypto-Hype over for a while : with Cryptocurrencies now all over the newspaper, the trend...

jamc

This is the story of my 3'400 pips loss on GBPNZD ... 1:3 leverage, still wiped out 30% of account. A lesson learned the hard way ... a lesson nonetheless.

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jamc

Short CHFJPY after re-test of resistance (4th test)