Crypt0Jack

Crypt0Jack

Wyckoff Distribution sadly showing its' face here. Amidst the overt euphoria around ETF's and big names getting into Bitcoin, a sad reality has set in - the same pattern that ended the last 2 bull runs (2017 and 2021) is also appearing now. What's the implication here? ->That the uptrend run is completed. All the work getting us here is being undone. Also:...

Crypt0Jack

As we monitor potential Btc distro, the cloud will likely give us key indications of what's to come. Be ready for anything!

Crypt0Jack

Let's have some fun! This hamburger joint chart looks juicier than most others. Clean setups across the board: 👉Nasty downtrend (actually goes back to ~$92) 👉~8 months of compression at historic lows 👉Ran the all time lows before breaking up 👉Clear 🎯's, though obvious battles will likely need to be fought at each level. Invalidation: New lows kill the setup imo.

Crypt0Jack

Falling wedges can break either direction & are notorious both for faking out market participants AND for the speed at which the ultimate move goes. Should this pattern fill out a bit more so that it's crystal clear that it's a FW, here are the break out targets visualized. For breaks to the upside: ~$30,000 (macro resistance) ~$25,000 (highest high in the...

Crypt0Jack

As this is something we've discussed live extensively during streams, I wanted to take a moment to outline a "live" setup for Wyckoff Redistribution. In this instance, the target is Litecoin ($LTC). First let's discuss what Wyckoff Redistribution actually is, starting with a link to the pattern itself . Wyckoff Redistribution is a way to truly make sense of...

Crypt0Jack

Could this Eiffel Tower bring the price all the way back to the March 2020 lows? This would align with our greater "March 2020 reset" theory across all markets, as occurred in prior pandemics (shout out to Bruce Fraser for pointing this out)

Crypt0Jack

The current trade range action is VERY close to confirming one over the other. - In Reaccumulation, we can expect price to consolidate at/above the trade range then trend higher over time. Bulls win! - In Redistribution, we can expect price to plummet to the range low, ultimately breaking down below the range with a new trend. Bears win! Place your bets! ...

Crypt0Jack

Technical setup appears to suggest a visit to the range lows is in process (unless a technical reversal takes place) Note: There are two technical targets both pointing to the range lows. 1) The horizontal trade range, having broken down after leaving the range highs & returning into the range. 2) The 1.618 extension of the rising wedge that has now broken down

Crypt0Jack

Unfortunately for the bulls, $BTCUSD looks to be in a clear Descending Triangle pattern . This is a significant bearish pattern, which breaks down more times than not. More so, it's a pattern that often acts as a pit stop during a downtrend (which we've had) headed to new lows. More info on the details on the pattern itself can be found here -...

Crypt0Jack

This is a big deal! Covered live on stream! Come hang out sometime.

Crypt0Jack

This was a chart I worked through during a livestream... Traditionally speaking, DXY down = assets up. Said another way, market participants "sell" their dollars for "stuff".

Crypt0Jack

I'm keeping a close eye on the price action behavior today vs what happened in the market in 2018. The bear market "bottom" formed over ~130 days before finally breaking up. We're just over 30 days into the pattern now, roughly 1/4 by comparison. The "Woodie Pivot" settings are : Woodie -> Yearly -> 15.

Crypt0Jack Updated 

Covered in recent livestream, setup and targets listed on chart

Crypt0Jack

This was an idea shown live on stream Bear flags have a measured move associated with them when they break down. Two targets are reasonable determined based on where one might argue the initial leg down begins. I've outlined both in the chart. Godspeed.

Crypt0Jack

Livestream idea This was an idea I had on a livestream :)

Crypt0Jack

I suspect short's will get jebaited, since "sUpPoRt" isn't until $20k. It would be very INTERESTING if the bear market lows were actually no lower than ~$24kish.

Crypt0Jack Updated 

-=-=-=-=-=-=-=-=-=-=- Hey guys, EXTREMELY excited to share something with you, but before I begin there are a few things I need to cover: A special thanks to my viewers who have supported me for ~16 months of weekly live streams. It is only because of them that I came across this, what could end up being one of my most important discoveries ever (yes that...

Crypt0Jack

This was prepared in a live stream to show examples of real time fundings with price