JohnNMex

JohnNMex

Tron is in a tricky situation because the first major support zone is below the trendline and it could have a reaction similar to the one represented in the chart.

JohnNMex

We highlighted the areas most likely to have a tradable reaction with low risk and high reward. The analysis is based on the confluence between fibs and former support and resistance levels. For now, is in a good shorting zone. It rejected the 200 daily MA and the golden zone and it also printed a bump and reversal pattern. So it either goes parabolic for another...

JohnNMex

We highlighted the areas most likely to have a tradable reaction with low risk and high reward. The analysis is based on the confluence between fibs and former support and resistance levels.

JohnNMex

This is a simple TA based only on the relationship between the distance in price and time of each impulse. The first thing you notice when you look at the monthly chart is that every bull run took longer to reach its high and the percentage increase is smaller compared to the previous ones. Also, the bear markets became longer. So, there is a clear deceleration...

JohnNMex

While most of the altcoins have bullish setups, XRP has quite the opposite. If it breaks 0.278 we could see it at 0.21 and if that doesn't hold it could fall as low as 0.13.

JohnNMex Updated 

We are a bit late with this TA but it's not too late to take the trade, there is still a very good risk to reward ratio.

JohnNMex

ADABTC might have found it's bottom and if the 0.618 level holds it can print an inverted H&S with quite a high target.

JohnNMex

We highlighted the areas most likely to have a tradable reaction with low risk and high reward. The analysis is based on the confluence between fibs and former support and resistance levels.

JohnNMex

We highlighted the areas most likely to have a tradable reaction with low risk and high reward. The analysis is based on the confluence between fibs and former support and resistance levels.

JohnNMex Updated 

We highlighted the areas most likely to have a tradable reaction with low risk and high reward. The analysis is based on the confluence between fibs and former support and resistance levels.

JohnNMex

BTC could find temporary support between 3280 and 3250 because of the confluence of fib levels and horizontal and diagonal support in that area. In addition to this, if BTC reaches the above mentioned buying zone, it will create a bullish divergence on the daily timeframe on SRSI, MACD and CCI.

JohnNMex

We have a good opportunity for a short. The former support now acts like resistance and gives us a very good RR for shorting. 3405-3325 could offer a bounce so don't forget to secure your profits.

JohnNMex Updated 

This will be the only chart you'll need if BTC prints a lower low. We highlighted 3 areas from which we expect to see a reaction. The last time we did this, each area gave a bounce strong enough to close the trade in profit if you would have bought in the respective area. On the 10th of Jan BTC fell under the 21 daily MA and on the 19th it confirmed the switch...

JohnNMex Updated 

This is our primary count for BTC at the moment but it can be easily invalidated if the pennant breaks up. The RR is very good for shorting right now because the invalidation is just above the C pivot , where you can switch from short to long. Or you can keep it simple and just trade the breakout. On the daily TF the 50 Day MA is showing resistance.

JohnNMex

In our last analysis we found the bottom to the tick for ETH. Now we believe that it's time for a correction and if the 0.65 level holds (112 on Bitfinex) we could see eth above 400$ again.

JohnNMex

ABC with C as an ending diagonal or 123 (45) with the first wave of the third as a leading diagonal. Either way, we might have a god opportunity to short. 1st range: 168.5 - 169.5 2nd range: 173 - 174 Use thight SL because the hardfork could easily invalidate this.

JohnNMex

We believe that the 3200 low will not hold and BTC will create a new low between 2970 and 2890. From this low BTC could start a rally that will correct the impulse from 6400 to 3000.

JohnNMex Updated 

Shorts usually skyrocket near the bottom. If this doesn't hold we could see eth at 60$.