DJelly21

DJelly21

Triple bottom is developing. If Moderna can beat on Earnings and have a good forward outlook, it can bounce from here to never see this bottom again.

DJelly21

Looks like the right side shoulder is building on this possible inverse head and shoulder. Accumulate at the neck line.

DJelly21

RIVN Inverse H&S. Projection taken from distance from the neck to the base. Marked distance from break out to project short term bullish.

DJelly21

RIVN is oversold! Last 5 days the price action is to the Down side. Last 5 days the RSI and MACD are trending UP. Might be 10-15% of upside before another drop.

DJelly21

Just a heads up that the Gold Futures has reached its 50 MA on the Monthly. Do what you want with it. Sometimes it’s that simple.

DJelly21

Anyone else see this massive, bullish, multi-year cup and handle pattern?

DJelly21

Loving ETH at these critical levels. Even if it breaks out of trend, it doesn’t have much lower to go for me to be bullish in extreme fear/

DJelly21

Head and shoulders on the weekly. Equal distance of peak of pattern to neck line is to distance from neck line break to10k. Doesn’t have to happen but it’s what I think. Have a great weekend!

DJelly21

Bitcoin is has finally returned to trend and bounced on, monthly time cycle. For long term holders I suggest you don’t follow Bitcoin on anything shorter than a weekly chart. Always defend your profits. Always have a plan.

DJelly21

Elliot impulse wave on the weekly shows BTC on trend for a 5th wave to the upside and new highs.

DJelly21

VIXX is reaching a much needed reversal zones. The RSI and resistance on the chart are two indicators lining up for a market breather. How long? Who knows.

DJelly21

XRP bouncing off the 20 MA on the monthly chart. Look for a good next quarter of action.

DJelly21

The 200 MA has been unforgiving to silver and we are back again to the 200, a major line of resistance, and the reversal zone on the RSI. Only can be bullish if it’s breaks through and hold support instead of resistance. The market might too choppy to think bullish just yet.

DJelly21

Approaching historical support/resistance. This is the point of no return for the quarter if we loose the support and face it as resistance.

DJelly21

XRP lost the 20 MA and a failed pendant. Take shorts to lower targets

DJelly21

VIX reversal zones. In between reversal zones there is a historical level of support/resistance at $23.53. Anything North of that number creates a volatile market. Look to buy SPX when VIX finds support under $23.53. VIX is in a wedge (bullish), historical support below, and holding the 20 MA . ALL BAD signs for the market!

DJelly21

If XRP breaks the pendant for the bulls then those would be my two targets. If not, take those targets and inverse them for the bearish side

DJelly21

BTC has reached and will most likely break through Historical bearish trend line from Peak to troth.