JTheretohelp1

JTheretohelp1

$DASH remains below its .236 Fib, and is now entering a reactionary point on the chart. My belief is that the impulse will be rather large. The direction of that move will be based off the way it breaks. If we break down, I see a possible retest of the lows. If we break up the next FIB that makes since is the .5. Keep an eye on it. :)

JTheretohelp1

I believe Bulls will win the Battle. The last crash was way to orchestrated and I believe that the "Smart Money" has now loaded up and about to send it Higher. If I am wrong, I am wrong. But with Fear at all time highs, this is the moment $BTC is about to shine. :)

JTheretohelp1

Prices go up!

JTheretohelp1

While it might be a gutsy call, I believe $BTC Bottom is in. The confirmation will be a break over the neck line and back above its 200MA. But it is my humble opinion we are DONE going down!!!. Load up, and have stop losses set at just below $30K. See you at higher prices soon!

JTheretohelp1

The Zone directly below the crash low remains the most important Zone for Bulls to Defend. If it $BTC breaks lower they have to hold. I am still hopeful we can get above our key Moving Averages with conviction and get out of this bottom. Fingers crossed.

JTheretohelp1

If your a Bull or Bear on Equities or Crypto, the ONLY thing that matters is what the US Dollar is going to do next. We have two blue lines that are critical support. Does it rally? Does it Break down? I don't have that answer. If it breaks up, Risk Assets Fall. It breaks down, Risk Asset go Higher. It is pretty much the way it is. Keep an eye on it.

JTheretohelp1

.236 would be the preferred hold here. If we lose it $34.8 is key.

JTheretohelp1

Short term needs to hold above the .236 Fib (small box)

JTheretohelp1

Keeping this simple, but without the Fib overlay, the only area I see of interest on the chart that might present a little shakeout is the January high. That said, EVERY TRADER sees this!!! Being a contrarian here, I would bet on more continuation to liquidate shorts in the shorter term, and then we correct to form a better bottoming structure,

JTheretohelp1

What I find remarkable about this crash is where we stopped. NOTE: the crash took us to a very important Fib from the 2017 Bull to Bear high. Coincidence? I think now. While we did crash lower than my own objective price, I remain convinced the Bull is far from over. With sentiment readings as low as I have ever seen, that screams bottom Now I do believe we will...

JTheretohelp1

At some point their will e a reversion to the mean, for now the line has held. I will continue to watch this, along with a possible double top in the $NASDAQ. The latter looking weaker than the former.

JTheretohelp1 Updated 

Short term Bottoming options. NOTE: There is another option that would take us to $38,500 area that I have intentionally left off. I still believe Option A is the likelier of the outcomes, with a cycle Top between $72K-$78K based off the full 4.236 Fib extension NOT listed. The current Fib is simply overlaid to give guidance on the current structure.

JTheretohelp1 Updated 

If we lose $46K, here's your level that MUST hold IMO

JTheretohelp1

The A-B-C Corrective structure has played out perfectly! While I am still allowing for a 5-3-5 count to as low as $39K (shaded area below first Horizontal support), The Bottom line is that this correction is nearing its final end. The larger level of resistance comes in around $59.5K. If we break it $BTC will make a new ATH

JTheretohelp1 Updated 

Possible

JTheretohelp1

$49,625 is the number to close above if your a Bull

JTheretohelp1

Regardless of the short term "Noise", $BCH remains firmly entrenched in a Bullish structure. Even if we have a little more turbulence, these should be viewed as OPPORTUNITES. One thing that is quite typical is for $BCH to impulse and then correct upwards of 30%+. So this correction is NOT unusual and is just another reset of the oscillators, before the next higher...

JTheretohelp1

The attached chart is the Full Fib from the peak of the 2017 Bull Top pulled to Bear Bottom. Notice something after todays sell off??? Where did the price of $BTC Fall? No further comment. Have a wonderful day!