JordanDrapeau

JordanDrapeau Updated 

FTM printed a short signal on the daily yesterday. Entry : 2.9307 (January 12th close price) or above. Stop Loss/invalidation point : If daily RSI close above 70. Take Profit : Use your own strategy. Don't be greedy! Always use risk management. Not financial advise. Trade safe.

JordanDrapeau Updated 

ADA printed long signals on the daily. The long setup is in two phases : 1 - The RSI of the last lower low is below 30 (December 30th - RSI 27.31); 2 - The price close below the close of the last lower low (December 30th - 1.211) AND the RSI is above 30. *If the price close below the lower BBand, it's a bonus and the signal is stronger (not the case...

JordanDrapeau

If you are long in alts, I would close/take profit since BTC Dominance printed a long signal yesterday. Two things can make BTC.D increase : - BTC pump harder than alts; - Alts dump harder than BTC. Pretty sure we will see the dump scenario. Not financial advise. Trade safe.

JordanDrapeau

This is a cocky long trade since the down pressure is strong lately, but there are clear buy signals so I will not ignore them. The main signal is on the 12H and there is also a signal on the 1H (confirmation/pin point entry). My RSI buy strategy : - 1st close under RSI 30 - 2nd close below 1st close AND above RSI 30 *Bonus : 2nd close below lower...

JordanDrapeau

I don't follow many charts but ETH/BTC is one of them. Last week printed a sell signal based on my RSI divergence strategy : - First high > RSI 70 - Second high closed above upper BBand AND RSI > 70. Moreover there is bearish price action (price going up and volume going down). There are two reasons that can make ETH/BTC pair drop : 1 - BTC pump more than...

JordanDrapeau

BTC is currently printing the same price action as of April 13-14th : - Yesterday (April 13th) closed above upper BBand - Today (April 14th) printed a doji - RSI bearish divergence with RSI < 70 *One difference : April 13-14th was in a double bearish divergence. FYI - I indicated the sell and buy signals based on this setup since April 13th (the doji is not part...

JordanDrapeau

An clean head and shoulders just broke down with good volume on the 4H. Price target = around 52 600$. 58k and 54-55k should be strong supports. Trade safe.

JordanDrapeau Updated 

Yep, I am still not bullish. I am neutral, for me this is a no trade zone. Here is why : On the left side we have the actual BTC weekly chart. On the right side we have the BTC daily chart last spring (the red arrow is the 13 Apr. '21 top). One of my favorite top/short setup is when the price makes a higher high, but the RSI makes a lower high AND the RSI <...

JordanDrapeau Updated 

I need some hate in my life so I decided to publish a bearish chart (eyes rolling). Overall BTC didn't manage to break the bearish structure (yet?). The weekly close is very important. If BTC close under the resistance lines and even better, under the HMA, I will continue to think that the last move up is the biggest bull trap of history. Other points to...

JordanDrapeau

A bearish hidden divergence (lower highs on the price and higher highs on RSI) on the daily (green lines) right at the 100 and 200 EMAs. *Hidden divergence is a trend continuation pattern (bearish in this case) and is more powerful than a classic divergence.

JordanDrapeau

A beautiful textbook diamond top (bearish) on the 1H chart. The target is around 33k.

JordanDrapeau Updated 

This is the death cross setup after the June 2019 peak. I see some similarities between this price action and the actual BTC price action. Sometimes death cross produces bounce/short squeeze/bull trap. It would definitely shake bear and bull trees. Trade safe.

JordanDrapeau

24 sept. 2019 - 25 nov. 2019

JordanDrapeau

A.K.A. BTCUSD short.

JordanDrapeau

Want to know when the market is overheated and need to pullback? When there is a gap between the low of a candle and the upper Bband. The gap between the low of the 3M candle and the upper band need to be filled. Right now the upper Bband is around 1.5T.