JacobR905

JacobR905

Ethereum looks like we are going to see a pullback to 2K before we start moving back up again. We saw a break of the 0.5 FIB level and our next major support is just over 2K. We see the MACD has been very jagged recently with multiple bullish and bearish crosses and now we are just seeing the start of another bearish cross. It seems like ETH wants to start moving...

JacobR905

Bitcoins dominance has been rising again while the market has been taking a hit and i noticed there is a clear pattern that could definitely play out... the double top (bearish), we will have to keep an eye on this as we are pretty close to this 48% level. i think we could keep seeing some sideways and downwards movement while dominance climbs up to 48% then we...

JacobR905

VET has been moving sideways along the 0.2 FIB level for some time now and seems to be getting dragged along with a big part of the market. We do really need to see a daily close above this 0.2 and hopefully see some bullish momentum bring us upwards. We look like we are getting stuck on the middle line of the bollinger bands and aswell holding the 0.2 FIB very...

JacobR905

ETH has ran up with 3 green candles pushing through the top resistance of the pennant and aswell as the 0.5 FIB Level, i talked about this in my last TA for eth. We seem to be solidly holding the 0.5 FIB now and we will have to get that confirmation soon, this is a pretty solid support, resistance level imo. Our RSI bounced off the 50. point and we are slightly...

JacobR905

Bitcoin has rallied pretty well the last few days after heading sideways for some time. We notice price action has pushed up towards the top of the bollinger bands, this could be 2 things, we could see a big climb up the top of the BB or we could see a fakeout sort of like what we saw at the top left of the FIB retracement. I personally think we could see a mini...

JacobR905

Bitcoins starting to really ride the bottom bollinger band like we talked about yesterday, which if we continue we could definitely see a fall, if our 0.6 FIB or 30K level doesn't hold the next major support level is around 21K or the 0.7 FIB. Our MACD histogram is getting smaller and smaller bull wise and we are coming up soon to that midpoint where we could see...

JacobR905

Bitcoin seems to be building up some momentum as we notice lots of sideways movement and our bollinger bands are starting to squeeze, keep in mind this could be bullish or bearish. If you look back in time when bollinger bands begin to squeeze it is almost certain we will see at some point an explosive move, aswell with the bollinger bands as you can see marked...

JacobR905

Bitcoins dominance since shooting up during our last correction has slowly going sideways and slightly down which has formed this pennant, we have held perfectly inside this pattern and we are now approaching the Apex point or the end, our close tonight for BTC dominance will tell us quite a bit, my thoughts are we are going to break below the end of the pennant...

JacobR905

Ethereum has been steadily rising and slightly going sideways after our big recent correction and has been consistently been creating higher lows and has formed a ascending triangle(bullish) and overall looks very very healthy and primed for a next big move upwards! We are approaching the top and apex of this ascending triangle and i think we will see a nice...

JacobR905

BTC has been ranging sideways since our last big correction with us mostly stuck at the 0.5 FIB level. I do think there is a chance of us coming down to the 30K mark again due to lack of volume and a few other factors. First looking at the EMA ribbons we still haven't made any progress on reversing the ribbons back to green on top, and we are actually twisting...

JacobR905

Litecoin has been trading mostly sideways since the big correction we had and we are getting stuck on the 0.2 FIB, we cant seem to fully crack it. But looking historically and even this year Litecoin tends to lag behind the market/ BTC, we have strong correlation with bitcoin but our moves following always seem to come after BTC makes its move. I think once we see...

JacobR905

Vechain has fully broken out of the descending channel and now in the past few days we are seeing nice momentum pushing the 0.3 FIB level. If you look at the RSI, we're seeing an approach to the 50. point, if we can see a full break of this level we will be in a confirmed uptrend and we all remember what vechain did at the beginning of march this year! Also...

JacobR905

Update for Links inverse head and shoulders pattern, we have smashed through the 0.5 FIB level and now today we are looking to hold this level for our daily close. A close above the 0.5 could send link flying due to us also breaking out of this wedge resistance! This will be a very close daily close for us by the looks of it, so keep your eyes open and watching....

JacobR905

XRP has been trading inside of this descending channel for quite some time now while heading down with the rest of the market. We have managed to hold supports, and currently broke through the 0.6 FIB level and we are now looking to hold this level for DC. This would also give XRP a very likely chance to break out of this descending channel that keeps putting...

JacobR905

Bitcoin has broken out of the descending wedge which is usually bullish and a reversal sign but as of right now things are looking pretty bearish, this could be short term keep that in mind. We are stuck below the 0.5 FIB level and are seeing some red today. The 21 SMA has crossed the 200 day officially and this indicator is very bearish (Death cross)...

JacobR905

Chainlink is looking great on the 4 HR timeframe and has created an inverse head and shoulders pattern aswell as coming upto the apex point this wedge! This pattern is very bullish and we can expect over the next few days some really nice movement upwards, keep in mind BTC will drag down or push up the market in most cases. We are holding up on this triangular...

JacobR905

Ethereum is gaining some steam pushing towards that 0.3 FIB level and 50 SMA, the very key thing about the 50 day moving average is when we are in bull market our candles tend to ride ontop of the 50 day and use it as support, this can be seen looking to the very left up until recently. I think once ETH pushes up and breaks this 0.3 FIB and finds support again...

JacobR905

Vechain has recovered pretty well compared to most cryptos right now we are well above the 200 Day MA which is very positive and we are sort of getting stuck at the blue 100 day with 2 bounce offs, aswell this 100 day MA happens to be lining up perfectly with this descending channel that has formed over the past 20 days. Once we see a full break of both the...