JTheretohelp1

JTheretohelp1

The $USD is at a KEY juncture here. If we lose the final MA's which coincide with just under $92, then we would see a larger impulse LOWER. However, if we bounce here, expect a knee jerk reaction in RISK assets (ie Equities, Crypto) to go LOWER. The one thing that I have my eye on at the moment is the Bearish roll over on the WEEKLY RSI/Stochastic. If this...

JTheretohelp1

If we lose the 200MA, and I am not suggesting we will, but the next level of support = $42,460. This is a Key Fib I would not want to see us lose on a weekly close.

JTheretohelp1

It is no secret I have been Bullish on $LTC for this cycle, but I also want to remain transparent and real with anyone who follows. At the current time we have a confluence of support around two key Fib levels that showed up not only on this cycle, but on the prior cycle. That confluence comes in around the mid $170's. Ideally we do NOT want to lose $174 on a...

JTheretohelp1

While most will rarely get a top call or a bottom call on any asset, the fact of the matter is that the S&P has hit its Full 4.236 Fib extension. Perhaps it will melt up and break it, but this is the area on the chart to use EXTREME Caution. I am personally in cash for my own retirement accounts as I see more risk to the down side as opposed to the up side. Time...

JTheretohelp1

While today has proved to be a scary day for the Bulls, the party is NOT over from a weekly chart perspective. TO be frank, there has been no real technical damage, although I am sure some emotions were. That said, a few key things to be aware of, We really need to stay over $46.7K which is the .5 Fib and we do not want to see the RSI/Stochastic roll over. A loss...

JTheretohelp1

I drew this chart weeks ago, and technically speaking the S&P has topped if we use the 4.236 Extension as our Target. If the $USD continues its decent, and the FED remains compelled to continue to print, the only logical conclusion is we will be nearing a FINAL Blow Off Phase (if the 4.236 Fib is breached). Personally this makes a lot of sense with my my thesis of...

JTheretohelp1

This is a chart I have saved and constantly refer back to as a reference point. So far, everything has gone according to the script. I still see us is a larger "ABC" correction, and with weekly oscillators pointing south, the $USD should remain under key resistance and have a downward bias over the weeks to come. Since we know there is a strong correlation with...

JTheretohelp1

This chart remains Bearish. As long as $BTC doesn't lose key supports and can range, $Alts can have some momentum here. The key support for $BTC remains $46.1K (200MA)

JTheretohelp1

This is just a quick hit chart to show the importance of this KEY Fib level. While we have several other $Alts making new ATH's and even $ETH with a massive move yesterday, the Granddaddy of Crypto still needs to win this battle for a further push across the entire crypto space. The positive news for the bears is the oscillators still look constructive. It should...

JTheretohelp1

I have included this chart with an important Fib overlay. NOTICE where price bounced from... If you are a Bull you want that key $50K area to break with conviction. I believe it will, but it deserves watching at such a key place on the price chart.

JTheretohelp1

Based on what I see on the Fib's $ETH still needs a close OVER $3800. The move today is AWESOME, but we still have some work to do. The good news is the oscillators are in a bullish alignment. Watching patiently.

JTheretohelp1

I still contend we have NOT go our fifth wave top. I also am taking note of the Extremely oversold MOTHLY RSI/Stochastic. Also of note: If we can clear the .618 Fib, we would print "3 White Soldiers", which is generally a VERY Bullish candlestick lineup for a larger move to come.

JTheretohelp1

So far, so good as the expression goes. The KEY thing I am watching is the $51K level in conjunction with the MONTHLY stochastic/RSI for the month of September. A Monthly close over that area and I believe $BTC makes a NEW ATH before the end of the year.

JTheretohelp1

I had posted this chart a few days back, but wanted to update it with some important information. If your a Bull, you are definitely liking that the RSI/Stoch is now oversold on the daily, while at the same time being PVER key MA's. If we could ever get price over our deviation line, that would be the signal that we make a new ATH. PS--Sorry I have been less...

JTheretohelp1

This is just a quick chart to show that $BTC is still above ALL key Daily MA's. The key for the Bulls is to get a throw over that deviation line. If it does, expect fireworks. A failure could mean a retest of the 200SMA, and possibly a more important support test of $42K and $42.5K. May the odds be ever in you favor. :)

JTheretohelp1

While I know many have views on Equities and Crypto, one can not be truly objective until you analyze the $USD. We are literally right under some key levels at this moment. From the daily, weekly and even the Monthly charts, there is a confluence of MA's that are directly overhead, along with some key Fib levels. It is my opinion that the $USD will not find...

JTheretohelp1

This chart is the INVERTED chart of $BTC, meaning that the lower the chart goes, the higher the price of $BTC. So Bulls want this chart to fall. I have labeled this one in a detailed manner. The 1st thing one should notice is that we have a clear distribution pattern on this chart. However, the MOST important thing to note is the Line below ($57K area). That is...

JTheretohelp1

The attached chart is what I could see play out. NOTE: It does NOT have to. However with a bearish divergence, and some LTF overbought oscillators, it makes sense. It is NOT the start of a multi month Bear market!!!