jpbrown1023

jpbrown1023

Two head and shoulders patterns spotted on Bitcoin, the largest being most worrisome. With a $1,300 head height, the head and shoulders target from the neckline would be about $6,700. BTC is currently completing the second half of the right shoulder which is in a descending wedge, but is also showing another head and shoulder pattern. BTC is in a descending wedge...

jpbrown1023

Oversold on the daily chart, DGD just needs some volume to get it going. It is hovering over the 78.6% Fib retracement, ripe for another run. I'm scooping some up now while it's cheap.

jpbrown1023

I think Bitcoin has one more leg down to $7400-7800 before starting it's next Elliot wave cycle. You can see an inverse head and shoulders pattern forming on the daily. A reversal at either the pink or purple trend will start the second half of the right shoulder as it moves toward the neckline. I marked several key areas of resistance that I will be looking for...

jpbrown1023

Looking at the daily chart, here's what I see with Verge and where I'm buying.

jpbrown1023

Hey folks, I've been seeing a lot of FUD being spread again as soon as Bitcoin has any correction. Let's remember that it can't go up forever and there are going to be ups and down along the way (to the moon). I've been using the 4-hour MACD as my primary BTC indicator since February and it's been very accurate. We're hitting the main support line on the MACD and...

jpbrown1023

Looking at the daily chart for eBoost, twice previously after long periods of low volume and volatility the price action would come to life and follow the dotted support line until the price launched into the stratosphere. I think it may be ready to do it again. I've market some areas of resistance as well as two of my immediate target prices. I believe Target 1...

jpbrown1023

So we have had quite a tumultuous 24 hours. Bitcoin got close to $10k for the first time since mid-February and then dropped almost 10%. But as you can see from the 1-hour chart, Bitcoin's price action has been contained in an upward channel outlined in blue. It was in need of a reset and it happened quite quickly which is not uncommon after a big run. But...

jpbrown1023

Looking at the daily chart for Stratis, the price action has led it to the neckline of a massive inverse head and shoulders pattern. The head height of .0016 from our currently price of .00084650 gives us an Inv HS target price of .0024650 or ~3x the current price! It is already approaching overbought on the MACD (71) but it has gone parabolic before. Watch for...

jpbrown1023

Taking a look at the daily chart for XRP, I see several things I like. There's a inverse head a shoulders pattern with a massive head height of ~5000sat. Depending where it breaks the neckline, it could have a target price of around 14-15k satoshis! That would be a ~50% gain! For the last two weeks it's been slowly marching upward along the pink support line,...

jpbrown1023

Hey folks! Taking a quick look at Walton's 1hr chart, you can see that Walton has moved to the bottom of this upward channel its been moving within for the last couple weeks. Every previous time it hit the bottom of the channel or hit oversold on the RSI, it had a very nice bounce. I will be getting some here as I think it is a steal. It's also one of the few alts...

jpbrown1023

ZEC has a inverse head and shoulders pattern forming as it approaches a major support line which has been crucial for the start of its uptrend in April. If it holds, we should see a reversal in the price action back to the neckline and hopefully further. Based on the head height, I have a set target price of .036. Bullish divergence can be seen on the MACD and...

jpbrown1023

Bitcoin is pumping at the moment, but to be fair the indicators were already signaling a reversal and it was in a rising wedge. Look for a pull back in the short-term.

jpbrown1023

Keep an eye on that right shoulder. If the price can complete the pattern and break that neckline, we're off to the races!

jpbrown1023

Hey everyone! Taking a look at the 4-hour chart for CND, we can see the price action has been steadily making its way upward in this U-shaped channel. CND took the crypto world by storm when it grew 33x its value in 6 weeks! Can it do it again?! We'll see! If it continues within this purple channel, the price could double in just a couple weeks.

jpbrown1023

Hey folks! Looking at the daily chart for ZEC, I can't help but get excited. Ever since the price of ZEC fell below the pink line in June of last year, it has not been able to break it. I think when it does, it could jump fast. It's also a privacy coin, which is very popular in the crypto world. I'll be keeping my eye on this one for sure!

jpbrown1023

Hey folks! Looking at the 4-hour chart for LINK, I see a the price has run into some resistance (blue dotted line). The MACD had a bearish cross as it approached resistance so we can expect lower prices in the near future. However, this may be temporary. I see a completed inverse left shoulder and head. It is very plausible to think the price would fall to the...

jpbrown1023

Looking at the 30 min chart for NEO, we can see the price action is in a falling wedge (green). The purple trend line seems to be acting like a launch pad as it is pushing the price up and hopefully out of the wedge back into bull territory.

jpbrown1023

Tron has been in this upward channel and finds itself in a nearly completed pennant at the bottom of the channel. It looks ready to jump!