Jaco-Snyman

Jaco-Snyman

Hi Folks, Calling on the seasoned traders - I was wondering if this could be interpreted as a Head & Shoulders formation on BTC/USDT 2HR ? Many thanks!

Jaco-Snyman

Hey Folks, It's been a while since I published an idea, but I have not been away from Crypto at all. In fact, I've just been very busy behind the scenes, intensely studying the charts and watching the Crypto space, and the world in general. So let's get into it... Today, on my BTC/USDT daily chart, I noticed two trend lines which I drew (In red) - the one going...

Jaco-Snyman

Hey Guys and Girls, Been quite a while since I posted something here, but I noticed what seemed to me like an Inverted Head & Shoulder formation a week or two ago, and the peculiar thing is that the Head touched my $6500 exactly on BTC/USDT chart. Incidentally, many traders were looking out for that $6500 level as a possible turning point (or a bottom) for BTC....

Jaco-Snyman Updated 

You can download your video (length 8 minutes) here My apologies for attaching the video content as an attachment - I had to record it in wmv format. It is only 8 minutes long, and was recorded directly from Tradingview's chart window. You may need to download it, depending on your system, but it is safe to do so :-) I sincerely hope you find it...

Jaco-Snyman Updated 

Hi there guys! I trust you're all doing well.. It's been a while since I published an idea, but I feel we're at an important level where BTC is concerned. On the chart you'll notice the underlying blue trendline I've been looking at for quite some time now, in fact going all the back to around the middle of July 2017. You'll also notice I marked and numbered each...

Jaco-Snyman

Hi there Guys and Girls, me again :-) Just thought I'd give you a quick update on my thoughts with regards to BTC for the next few hours, maybe days, although I don't anticipate it being a long-drawn out thing. As I'm writing this BTC is hovering at exactly the $9,000.00 mark and it seems the resistance line is keeping it in check right there. Couple that with a...

Jaco-Snyman

Apologies Folks.. This is what I wrote to two of my friends about 3 hours ago, and I was going to post it here, but BTC just kinda beat me to it.. :-) So this is the scenario playing out right now.. This is what I wrote about 3 hours ago, give or take a little... "Remember this is most likely just the retracement dip after the initial breakout from the upper...

Jaco-Snyman

Well Folks.. Welcome and thank you for taking a minute or two for me to share my take on the Bitcoin sidestep-maneuver this afternoon. It certainly looked like one LOL! Anyway, I thought this would be a perfect opportunity to drop some chart-knowledge here if you are interested. This may come in handy on more occasions than you might think. So for the sake of...

Jaco-Snyman

Folks, just a very quick update on my personal outlook for the next day or so - I'll try to keep it short. As you will see on the 1 hour Chart for BTC - another underlying (less significant, but worth mentioning) trend line has formed as a support level (see the light blue line). This line is positioned very close to the stronger trendline, situated at the base of...

Jaco-Snyman

Well folks, it seems the inevitable has finally happened. With BTC's momentum shifting from Bearish to Bullish, we're likely to see higher highs and also higher lows going forward. I'll try to keep this one short. You may remember in my previous analysis I was still leaning a little more Bearish, but simply because we did not have any distinct evidence that a turn...

Jaco-Snyman

As a first time publisher I hope I may be able to provide some insight, and mainly just share my idea about where I think a particular price may be heading. Over the past week or so, I've been entertaining the thought that Bitcoin may be making a turnaround from the temporal Downtrend we've seen over the past weeks. However, after looking at my chart on both the 4...