JB110011

JB110011

BTC is still moving sideways in a bit of a consolidation box right now between the 7330 and 7500 support and resistance. We should continue to see this type of movement until we can get a solid close outside the box when btc decides whether if it is going up or down. Running tight stop losses you could easily trade this channel for 2-2.5% gains bottom to top. ...

JB110011

After the strong bullish move, BTC retraced to the 23.6 fib level and is now consolidating, moving in a channel between the 7330 ad 7500 areas. We may see some more sideways movement here as it approaches a potential new trend line. If the channel is broken either up or down we will most likely see an impulse move in the direction of the break. Watching closely...

JB110011

There's a few different scenarios that I can see with BTC right now. It has found support and had a bit of a bounce off the 23.6 fib level and is heading back up to retest resistance at around 7500. Here we could either get rejected again forming a double top and would head back down to find buyer support. Another scenario that I can see is a possible Elliot...

JB110011

Possible head and shoulders pattern forming on the ethusdt pair on bittrex. I will be watching closely for confirmation of this pattern and a potential short position. If it gets stopped by resistance at around 480 daily resistance level it will be a strong indication we are heading down. If it pushes up to retest the 4 hour resistance at 492 it could potentially...

JB110011

BTC has had a really strong run, breaking through 4 resistance levels before beginning to retrace from the 7500 resistance level. I missed my opportunity to open a short position at the top so am holding now to see which support will hold. Once we see a bounce i will be watching closely again around the 7500 level for a potential short or hopefully it can...

JB110011

BTC hit my target and has bounce off the weekly resistance and trend line around the 6100 mark. My buy orders filled and am now watching very closely what happens coming up to the 4 hr resistance at 6279. Until we break up and past previous structure I'm not convinced we are out of the bear market. Watching closely for some confirmation of a reversal or a...

JB110011

Short position on BTC doing well. It dropped right out of the consolidation box to the next level of support around 6200. I'm still expecting a bit more of a drop down to the 6000 range before we see some movement back up to complete a large inverse head & shoulders. At this level it will meet up with a weekly support and long term weekly uptrend line which...

JB110011

ADA has recently broken out of a long down trend after declining all the way to a weekly up trend line. After bouncing off it and going on a short term bullish run, ADA has retraced down and respected the weekly trend line another 2 times. It is now forming an ascending triangle between the trend and a 4 hr resistance. Watching closely here for a break and...

JB110011

OMG rejected the previous double bottom at the weekly support around 114585. Now has dropped with btc to a 4 hr support and formed another double bottom on the 4 hr time frame. a nice bounce off support has now happened although there is a weekly trend line just above which may act as resistance. I will be waiting for it to make a move either up or down from...

JB110011

XLM is forming a big double bottom on the daily and 4 hr time frames at a strong level of support which has been respected previously. If BTC has some sideways movement we may see a decent bounce here back up to test the above resistance, trend line and then previous structure. Waiting for some confirmation that this level of support is going to hold before entering.

JB110011

OMG is forming a double bottom on the daily at a strong level of support. This level has been respected as both support and resistance multiple times on the 4 hr and daily time frames. Looking for a good bounce here to break the daily down trend line and head up to retest previous structure. Tight stop loss in place just in case this support doesn't hold.

JB110011

VIB was my favorite coin to trade for a long time before this recent dip. It seems now like it has found the bottom and started to rally. An inverse head & shoulders pattern, followed by what looks to be a possible Elliot wave pattern now forming. If this support at 1243 holds, we may see a bounce up to retest the weekly downtrend line and the weekly...

JB110011

Reached my target on neo very quickly and it is now retracing back to support. Also appears to be forming a potential head and shoulders pattern. If the previously respected level of support does not hold this time then we may see neo head down further to retest the weekly resistance and trend line around the 48-490000 sat level. If the support holds as it has...

JB110011

Following BTC with a big push to break the daily resistance at around 475, ETH is now forming a doji candle just below the weekly down trend line. If this 4 hr candle closes as it is right now then we could head back down to retest the recently broken daily level of support/resistance. It could also signal a continuation pattern and we may keep heading up to test...

JB110011

The head & shoulders that was forming on BTC has been rejected and it had a strong push up to break through the 4 hr resistance around 6640. It pushed through that and retested a daily resistance at around 6858. Retracing during the current candle, a close above the recently broken resistance could mean it will head back up to retest the daily again at 6858. BTC...

JB110011

Neo after breaking the down trend had a big push and pull back. It is now sitting right at a daily support level which has been respected previously. A close above this support and BTC behaving could see another push up to retest previous structure. If it closes below or BTC decides to dump then it'll head down to retest a lower level of 4 hr support. Watching...

JB110011

BTC after breaking out of a weekly and a daily down trend it now appears to be forming a head & shoulders pattern. If the neckline at around 6450 breaks we may see a move down to retest a lower level of support. If the h&s is rejected and resistance at 6609 is broken we may see btc continue up on a newly formed trend line. watching closely over the next few...

JB110011

XLM is forming a symmetrical triangle just above a 4 hour support and weekly uptrend line. The current 4 hr candle has just closed above support and the new candle has opened above. Looking for a bullish engulfing candle off support for confirmation followed by a breakout from the triangle. With BTC being very volatile at the moment it is risky to enter alt...