JumpStartCrypto

JumpStartCrypto Updated 

It's incredibly hard to say that we will bounce up from here. On the basis of history of BTC, we will. On the basis of what's going on in the space, our global pandemic, and traditional markets cashing out....it's mostly likely not going to bounce. Cash is king right now and bouncing from here is actually based on "hope". I hope BTC bounces on this historical...

JumpStartCrypto Updated 

MACD about to cross on a daily time frame. Keep it simple.

JumpStartCrypto Updated 

It's not traditional to use 2W time frame only because it's not really defaulted into any of our charts. It's so tempting to buy this potential bull trap but everything on a TA perspective screams sell. Never buy "hoping" it will bounce on support (unless you want to roll dice). Just wait until it actually shows bullish divergence to long.

JumpStartCrypto

Still riding on the lines. There is still some room for a dip down to the third line but it would most likely be a quick flash dump (bear trap) before lift off (just like 5 years ago). Many coins bounced back very healthy today which indicates near-bottom trend for BTC. (since BTC is the top of the pyramid) I don't think bear trend is completely over but it's dam...

JumpStartCrypto

Looking at the big picture always gives us an idea of what may happen next. Ideally, we are in a buy zone. History DOES NOT always repeat itself and you never want to be the one banking on the fact that it MIGHT repeat itself. Things change rapidly in this space as far as tech advancement, so we can't say for sure that this trend will hold AGAIN. we DO though,...

JumpStartCrypto

I come from a strict crypto technical analysis background but it doesn't take much to accept that this trend is TOAST. 1W cloud wasn't able to hold, so what are you waiting for? this is not a dip, this is a dump. I believe the crypto space will follow s&p's next move as well. *not financial advice

JumpStartCrypto Updated 

If you find yourself flustered with many indicators - it always helps to just clear everything and go back to basics. The chart doesn't even have to be logarithmic to see that there is still too much risk to long. All i did was spot out triangles, compare their bullish strength, and wallah...its still bearish..... As we all know now, the market is completely...