JayJawsChen

JayJawsChen

For my long term view, SPX has been forming a similar pattern to on the weekly chart as 12 instances in the past 200 years. On the Weekly chart, there are 12 instances of weekly MACD closing above the zero lines 12 weeks in a role. In those 12 instances, 88% gained an average of 8% in 6 months. Now with the trade war, nothing can be certain so you must keep...

JayJawsChen

As we can see Ven has been on an upwards trendline ever since the lows of March. Even with the recent BTC drops Ven has been staying strong and consolidating giving back very little gains. My next entry will be around 0.0005 - 0.00051 Sats This level has two concurring supports! 0.382 Fib level AND the TREND LINE! Stop-loss we will give it 0.00002 sats to...

JayJawsChen Updated 

Bullish divergence on the hourly chart MACD and RSI. Support from trend line at 4200 Sats Entry 4200-4400 Stop-Loss below 4000 Short term profit targets T1: 4900 T2: 5200 Long-Term Cup and handle pattern. However, I see a bearish divergence on the MACD and RSI so be careful in the long term. This is my trade follow at your own risk!