jlouvierobv

jlouvierobv Updated 

NEAR/USD -12HR Head and Shoulders pattern forming. If the neckline is broken and confirmed, a measured target would be in the mid to low $2 range Fed meeting tomorrow could be the catalyst to invalidate the pattern or cause the break down. 👀 Short on confirmation, neutral until then.

jlouvierobv

QUNT/USDT 1 D Head and Shoulder forming. Short on neckline break down with a confirmation.🩸 Entry: $100-101 Target: $40 Stop: 5% above entry or close above right shoulder. Close a body below $104, it's likely game time. Invalidated w/ close above right shoulder. Keep an eye on Bitcoin. If the bottom is not yet in for the market then 99% of alts have at least...

jlouvierobv

List of solid chart tickers to get a different point of view from different sectors of the market.

jlouvierobv Updated 

Sushi/USDT 1D Sushi had/has some momentum building as of late but its running into resistance but has stalled out. Sushi could be in a symmetrical triangle or descending triangle on how you view the highs and lows. Jump up to a higher time frame and it becomes more clear. To the downside watch the previous pivot highs around $1.35 for a retest on a pull back...

jlouvierobv

Back in Sept we were following a head and shoulders on ETH that turned into an Adam and Eve Double Top. More about that here: This gradually evolved into a nice short opportunity but the markets have been ever choppy for anyone looking for more than scalps or 5% gains. If you had a strict entry and stop loss on the previous entry for ETH that short is now...

jlouvierobv Updated 

After a failed lower time frame Head and Shoulders, ETH is forming a possible Adam & Even Double Top. Although, the V shape (Adam part) is a bit lower than standard. Typically found at market bottoms this pattern can also be found at market tops. It's made up of a rounded left peak, V shape right peak and neckline (support line). Look for a breakdown of the...

jlouvierobv

The DXY is cooling off but is the run over? Unlikely in my opinion but I am by no means an absolute master. So take the following with a grain of salt. Ive noticed people on Twitter have stopped calling for the Dollar top to be in. Including myself when I thought the Double top would lead to a pull back. Little did I know what was actually going on. Each local...

jlouvierobv

MATICUSD 1D SHORT MATIC just hit both target 1 and 2 on a swing trade long posted here 🥳🤑 Now, it's time to look for an opportunity to ride the wave down. If the Markets are only pumping on rumors of the U.N. begging the world Reserve banks to pivot because the USD is crashing economies then this rally may not last. We caught a swing up but looking at the...

jlouvierobv Updated 

Many #Altcoins had local double tops after the recent run up which look like they could form W bottoms. Scan your favorite coin and it likely created a local double top or ran into long term trend lines. MATIC 4hr Entry: 0.72-0.73 T1: 0.785 Top of the pattern which would become triple top if failure to break the neck line. T2: 0.835 SL: 2-4% below entry...

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ATOM has been in a 105 day uptrend since making a bottom back in June. Last bull run I was hyper bullish on ATOM but I exited super early around $16 and $27 while it went on to crack $40+. To my defense I was piling in around $3, $5 and $8 when no one was really talking about it. This Bear Market ATOM has proved to be a stand out that has flown under the radar....

jlouvierobv

One of the first and most critical skill you must master - How to PROPERLY identify Support/Resistance Levels. Once you learn how to properly identify these levels you can quickly understand what the trend is doing or where price could go next. Follow these basic guidelines: 💎 You need 2 touch points, but 3+ are better. The more touch points, the more...

jlouvierobv Updated 

LINKUSD 4HR SHORT LINK is hitting bigger resistance at multiple trend lines with the possibility of a triple top on the LTF Entry 1: $7.99-8.15 Target 1: $7.05 Target 2: $6.80 Stop Loss: 2-4% based on your own risk tolerance. Consider moving stop loss to break even after the trade becomes in the money 3-5% to minimize risk. If a wick stops you out simply...

jlouvierobv Updated 

Bitcoin Bears are currently in an intense battle with the Bulls. Non stop action fighting to drag Bitcoin price below 19.3k and push price back above 19.3k. This weekly candle close Sunday could be a massive deciding factor in where Bitcoin goes next. Also, worth noting that Bitcoin has never closes a weekly candle below the 280MA, we have only tagged...

jlouvierobv

Bitcoin laid over top of the Tether-USDT Market Cap Dominance Chart. Pretty self explanatory as they have an inverse relationship up to this point. USDT peaks when Bitcoin is at or near a bottom. As USDT Cap works it's way down the money thats sitting Stable Coins starts moving back into Bitcoin. Once Bitcoin makes a top, USDT is close or near a bottom. As...

jlouvierobv

ADA/USD 12hr - Forming a large descending triangle. Ive seen a few videos claiming the #ADA has bottomed because of its long consolidation but let's play devils advocate here. Whats not in ADA's favor: 🐻 Its possible no coin has found a bottom (Perhaps ATOM, sheesh). 🐻 The series of lower highs says Bears are in total control 🐻 There is a big difference...

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(this is a repost due to the original being removed by tradingview for sharing an incorrect link) ALICE/USD 12hr trade set up. Looking to go long once price action test the lower demand zone . If the demand zone holds and ALICE continues to range it should provide a nice swing trade opportunity. Entry: $1.80-1.92 Target: $2.98-$3.25 Stop Loss: 4-6% below entry...

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DOT/USD 12hr trade set up. Looking to go long if price action confirms $6.80 as support (Entry option #1). W/ a break down of $6.80 I will be looking to $6.44 to see if this level confirms as support (Entry option #2) Most Alts pose a bit higher risk at the moment due to the possibility of Bitcoin breaking down while it flirts with 19.3-19.5k but they also pose...

jlouvierobv

(repost due to the original being removed by Tradingview for an illegal link) Bitcoin has been in a consistent down trend for over 300 days now. With each attempt to rally to new highs even locally it has been rejected over and over again, just to go on and make a new lower high. We have essentially been stair stepping our way down from 69k to find a bottom for...