JSR44

JSR44

So far LUNA has been overall bearish establishing lower highs/lows. However, we can see LUNA has traded inside a bullish trend testing the overall bearish trend. What needs to happen? In order to drive price higher, a few conditions must take place. A. LUNA must break out of the overall bearish trend. B. to suggest the buyers have taken over the 6.75 resistance...

JSR44

Currently, ADA is trading inside a bullish trend establishing higher highs/lows as we move toward areas of resistance previously established by the bear trend. Targets: The 1.45-1.50 resistance area is integral to the movement. Breaking this resistance could suggest a test of 1.60 and even 1.75 resistance areas. What I am looking for? I expect ADA to make some...

JSR44

So Far ETH has traded inside a bullish trend breaking into the upper resistance zone of 2000-2200 and setting sights on previous resistance levels. What am I looking for? First, I am looking for confirmation that we are outside of the 200-2200 resistance zone with a full daily candle outside of 2200. Upon confirmation, I am looking at price targets: 2300, 2600,...

JSR44

So far ADA has been overall bearish with prices trading lower and lower. However over the past week we have started to see buyers pick up energy and test the bears. Whats next? Short term: As can be seen, price is currently trading inside a small bullish trend. Price has faced turbulence in the 1.30-1.33 zone and is at risk of a breakout out of the trend...

JSR44

So far ETH has traded overall bearish with lows and high both trading lower and lower. However, ETH has found considerable support in the 1700=1500 range. simultaneously a bearish trend has formed with 3 confirmations. With an intersection imminent we need to see a few things in order to for a break out to occur and drive price upward. 1. The 1700-1500...

JSR44

Until Recently ADA had traded in a bear trend establishing lower highs and lower lows. However, the bears broke and support was found at the 1.12-1.00 support zone. What am I looking for? In order to show that the bulls have taken over, price must establish Higher Highs and Higher lows. As such, I am looking for price to break 1.45 and 1.60 to confirm that the...

JSR44

ETH has broken out of its previous horizontal channel breaking the 2200 - 2000 support zone and driving price as low as 1700. However, the bears have broken and support was found at 1700 allowing a minor reversal to test the now 2000-2200 resistance level. What do I see? well in a micro perspective we can see that there was both a reversal at the 1700 and a...

JSR44

So far ETH has traded inside a horizontal channel from a macro (60d) perspective. As previously stated ETH had begun to form a wedge making lower highs and higher lows. This trend was broken by the bears and caused ETH to pick up energy to test the support of the macro horizontal channel. Therefore, price entered and is still inside a bear trend entering the...

JSR44

So far, ETH has been trading inside a Macro Horiztonal channel with resistance from 2800-3000 and support from 2200-2000 On the micro-scale or daily time frame, we can see that the bears have taken over and we can expect the price to continue to fall until support is found. From a macro scale, there is much reason for concern. Price is starting to form a wedge...

JSR44

So far ETH has been trading in a micro bullish movement inside of the overall horizontal channel. If ETH continues to climb to 2800-3000 level of resistance we will likely see a minor rejection as ETH moves into a minor horizontal movement near 2800 as previously seen. This gives ETH the potential to test the 2800-3000 resistance and breakout of the macro...

JSR44

So far Bitcoin has been trading inside a horizontal channel with resistance established from the 39 - 41k region. BTC has established a micro bull trend inside the Horiz. channel that is now testing channel resistance. As such we must exercise patience to see whether BTC breaks out of this resistance and continues this bull trend in a macro movement. Best of...

JSR44

ETH Continues to trade within Horizontal channel as the market is still uncertain of ETH's future. Resistance is set from 2800-3000 and support from 2200-2000. Conditions are somewhat favorable for limited entry/exits with conservative stop losses. Otherwise, it is best to wait for the market to break the 3000 resistance or 2000 support to confirm an exit from...

JSR44

ETH fails to break 2800-3000 resistance and breaks below 2500 with strong momentum. Next levels of support around the 2200 and 2000.