Jimmy205

Jimmy205

Tesla looks to be repeating a chart pattern it produced in 2013. The current bull flag break out is currently being retraced. If it breaks out of diagonal resistance a price increase to $450-$500 could happen. I formulated this price target by taking the current 0 - 3 length in darker blue and having the same distance on the log chart. This also coincides with...

Jimmy205

Here’s my Big Picture Bitcoin chart: Firstly the Fib levels: I believe the first cycle took ~ 2 years going from 0.01 to 1250. And we’re currently in second cycle to be ~ 10 years going from 170 to 170 000 ish. The support / resistance / breakthrough fib levels on 2nd cycle so far seem to closely follow those of the 1st cycle. So this is my best guess as to what...

Jimmy205

Possibly a bowl on the BYND chart. We need a few more bounces on right hand side to confirm we have been at a turning point. Bowl could widen as well as demonstrated by other bowl. Just an idea that goes with general market sentiment, no advice given.

Jimmy205

Beyond meat has formed a classic Wyckoff accumulation pattern since September, broken the upper resistance and retraced back to the old resistance ( now support ) There's a strong diagonal resistance since June 2021, which price has be retraced numerous times before. Price target determination: - Distance from resistance and support of accumulation = distance...

Jimmy205

A nice parabola which looks to be giving support to ETH dominance. Resistance is the dotted line, so if we have a bullish start to 23, then this resistance is key. Trade fails if parabola is broken.

Jimmy205

Both Bullish and Bearish Scenario. Bullish - similar set-up to 2018-22. Bullish retracement back to .236, then rally to 2.618 Bearish - If market is continually spooked by the economy, strong support in place 300-400.

Jimmy205

Weekly close at the 200MA. Will it fall to 2.5k? Or will it rally to 5.5k?

Jimmy205

Fibonacci - the bull run that occurred from 2010 to late 2013, roughly follow some key Fibonacci levels - the initial phase A-C retraced back to D before racing off to F. - if we take the current bull run from 2015 to current, we're following the same Fib levels, but just stretched out over a longer period of time. We've hit phase E and I hope we're heading for...

Jimmy205

Broke out of descending log channel early august. Currently we're on the second retracement of it which has formed a bullish flag - price target between 3600-4500 around the new year.

Jimmy205

Corsair has formed inverse h&s and looking to be a nice bowl. $24 mid Nov most probable price.

Jimmy205 Updated 

Possible bitcoin projection - chart speaks for itself.

Jimmy205 Updated 

The Covid Crash was the last time we touched the lower BB band and prior to that, the 2009 financial crisis. Certainly believe there's a lot of support around 3500 in between 150 and 200MA as this is where the minor crashes in 11,16,19 bottomed out. Worse case scanario, we'll use the bottom BB as support around the covid dip low around 2200. 3500 early August...

Jimmy205

Chart is above and that says a lot. If we gain the now resistance line, this is bullish if not then bearish and markets will sink.

Jimmy205

ETH has retraced the log support level twice now, with the 2nd hit being confluent with the 0.618 fib level. Seems to be forming a bullish flag with initial pt. of 2.5k - 3.4k. A break through this log support would be bad imo, confirmation of the next leg up to 2.5k would be candle close above 1750.

Jimmy205

Digital Ocean seems to have retraced to the bowl support, and to the diagonal support it broke out on 4th August. If this bowl plays out well, then potentially we'll reach ATH in a few months.

Jimmy205 Updated 

Two bowls on the BYND charts. Seems like a strong resistance point here. Earnings on the 4th August. Think we'll see a small rally to around $50 over next couple of weeks and earnings results will decide if we have a retracement back to $35 forming a inverse H&S of PT $90 or a rally onto $90 closing that gap.

Jimmy205 Updated 

CRSR has broken out of its wedge, implying August should be a great month. A lot of confluency end of Aug time with the most bullish price target of $24. ( horizontal resistance, price rejected here before and previously used as support... )

Jimmy205

1 - BYND broadening wedge breakout on 15th July. Retracement hit last week of July followed by downwards channel support by broadening wedge. 2 - Initial resistance level makes sense to be a golden pocket region as this corresponds to the top of the gap just below 100. Price sometimes rallies to close gaps and drops back for contemplation phase. 3 - Contemplation...