JSR44

JSR44

Analysis: ETH has broken out of its bearish trend and broken the previous resistance zone of 3350-3.5k and is setting up to test 3800. What to look for: In this position 2 factors are crucial. A. Confirmation of a bullish movement. B. Establishing 3.5k as support. While ETH has made a strong bullish movement the 3.8k - 4k resistance zone saw high bearish...

JSR44

Analysis: ETH is currently trading around the 3.3 - 3.5k resistance zone making lower highs while maintaining consistent lows. This forms a wedge against the local support of 3.2k. If broken the next support zone would be the 2.8k to 3k. For ETH to make a bullish reversal it would have to break the trend and the 3.5k resistance zone. What I'm Looking for: In this...

JSR44

ETH has continued to make strong strides upwards breaking through the 3350-3500 resistance zone and establishing it as a support. ETH now approaches the 3.8 - 4k resistance zone which it must clear before making an attempt at a new ATH. Analysis: ETH is inside of a bullish trend and as such we fully expect ETH to continue to rise and establish a new high. In...

JSR44

ADA continues to perform optimally making considerable bullish strides moving into 3.00. Is ADA near the top? While unclear if ADA is at its top what is clear is ADA is nearing a top suggesting a reversal into a bearish trend or horizontal channel. What to look for/Analysis? While we fully expect ADA to continue to rise as it is in a bullish trend we should...

JSR44

Recently ETH has traded inside of a horizontal channel failing to break resistance/support. ETH is forming a wedge against support which in context suggests another bullish run. Analysis: ETH is forming a wedge against the previously tested resistance of 3350. ETH has continued to make higher lows which forces conditions of a larger scale move of some sort for...

JSR44

Overall ADA has maintained bullish momentum establishing a high around 2.24. Since, ADA has moved in a corrective movement falling as low as 2.04. Analysis: ADA while still overall bullish has pushed outside the lower end of the bullish trend and is suggesting a test of the 2.00 support. This is suggestive of a bearish reversal. What I'm Looking for /...

JSR44

Overall ETH has been inside a bullish trend setting Higher Highs/Lows. ETH has made considerable progress breaking the 2.8k to 3k resistance and establishing it as support. Is Another Rally Possible? Per the conditions of a bullish trend, we continue to expect ETH to rise. However, ETH has struggled to make new highs. While still bullish continued rejections and...

JSR44

ADA has made a major move from 1.45 to 1.89 confirming a bullish sentiment and breaking previous lows set by the previous bear trend. Analysis: Per the conditions of the confirmed bullish trend we fully expect ADA to continue to make higher highs/lows. What I'm looking for is ADA to solidify a support level. Currently, with such strong bullish strides, ADA is in...

JSR44

ETH has continued to perform exceptionally breaking 2300, and 2600 resistance and now moves in the 2800-3000 resistance zone. Analysis: ETH continues to sit inside a confirmed bullish movement therefore we fully expect the price to continue to make Higher Highs/Lows. However, ETH is inside a resistance zone and at the top of its trend as such, there is some...

JSR44

Overall ADA has traded inside a bullish trend establishing higher highs/lows. While ADA is strong at the moment considerable resistance lies in its path to establish new highs. Analysis: ADA is inside of a confirmed bullish trend and as such we expect price to continue to rise. However, ADA has found resistance from 1.38-1.40 zone being rejected twice....

JSR44

So far ETH has continued to make a strong stride upwards in a bullish movement. Overall the movement is strong and by nature of a bullish trend we can expect price to continue to rise. Analysis: Overall per the confirmed bullish trend, we can expect price to continue to rise. However, there is potential for a reversal as ETH approaches the 2.8-3.0k resistance...

JSR44

ETH has traded inside a small bullish trend over the past few days establishing higher highs/lows. ETH continues to trade in this pattern however has lost momentum facing the upper bound of the 2000-2200 resistance zone. Analysis: ETH is beginning to enter a critical point in its cycle where a major movement is likely. First, we see that price overall has been...

JSR44

ADA has gathered support inside the 1.12-1.00 support zone at 1.05 for a bullish rally Analysis: Conditions were ripe for some sort of bullish reversal as ADA and many Alts were burning a lot of price going into their respective support zones suggesting some sort of bounce. Should you buy/hold: That said, it is unclear whether this rally will have enough...

JSR44

ETH continues to trade inside its bearish trend setting lower lows/highs. As ETH prepares to enter the support zone short-term buying potential increases. Analysis: Per the conditions of a bear trend, we can fully expect ETH to continue to trade lower and lower. However, utilizing indicators and knowledge of previous support zones we see that ETH is burning a...

JSR44

Please leave a Like If you like the idea: ADA has entered a support zone for the second time and seemingly establishes support suggesting potential for a double bottom reversal. To verify a reversal I am looking for price break outside of 1.25 (The next resistance point in the trend) then move forward to 1.30 resistance We are still in an overall bearish...

JSR44

As previously seen ADA had made an attempt to test the 1.45-1.50 resistance zone and failed. thus, triggering the bearish movement we are currently in, driving prices lower and lower. There is local resistance set at 1.37-1.40 and local support set around 1.29. 1.29 I absolutely key in this movement as it was a low in the bull trend and responsible for 2...

JSR44

Recently ETH has exited its bull trend and made a minor pull back into the 2200-2200 support zone. Currently, ETH trades inside a horizontal with support at 2075 and resistance at 2200. What's next? Given the conditions, there is a lot of negative momentum surrounding ETH at the moment. A. price has broken below one of the set lows in the bull trend (2200) B....

JSR44

ETH continues to trade inside a bullish trend while facing resistance at the 2300 level. While we fully expect ETH to continue to trade higher as it is in a bullish trend. There is notion of a potential reversal at this 2.3k level. 2300 is a critical demand area for ETH as the previous 3 times 2300 was test it was followed with an impulse to either 2600 or...