djborrowman

djborrowman

Waiting for MANA to pop, its been consolidating for a while. Will BTC and ETH gains come here in attempt to recover this near 50% loss?

djborrowman

Massive bull flag on the ARK Innovation ETF? I'm increasing my holdings here

djborrowman

Looks like we've broken out of previous pattern, 50-100% upside?

djborrowman

Bitcoin has dropped out of the channel it has been trading in for the last few weeks. If this support fails we could easily fall back into the high 30's. Larger timeframes are still looking very good but if we fall much further none of that will matter.

djborrowman Updated 

Looks like the recent bitcoin downtrend is trading in a downward descending wedge. I suspect we'll continue to squeeze into this range until it pops to the upside.

djborrowman

We have invalidated the potential head and shoulders that may have been forming and have broken through a major resistance level. The weekly MACD is green and the daily is about to turn green as well. I am hopeful for a big move this weekend pushing us right past 50k. We might get some resistance around that .235 fib line ($52k area) but it looks like we could...

djborrowman

While we had a nice little pump out of the last minor downtrend, it was not enough to paint a higher high. Now we are left with a pretty massive head and shoulders pattern forming at a major resistance point.... There has still been massive bullish pressure. Dips are getting bought right up and everyone is sure 50k is coming next candle. I am playing the risk...

djborrowman Updated 

The previous market structure has broken down and big daddy bitcorn is falling like a rock. We had been trading in an uptrend for the last 26ish days and saw massive gains. It is surprising it climbed as high as it did without some sort of correction imho. I hope you remember to take profit. I don't think an hourly "death cross" is actually a thing, but traders...

djborrowman

Hey all, here is a quick analysis on EGLD / Elrond I'm looking into for a friend (Hi Johnny!). The descending wedge has broken on this daily chart indicating a (confirmed) move upward. We've been climbing consistently ever since the breakout however daily MACD indicates bulls are loosing control and we'll soon experience bearish price action. RSI indicator is...

djborrowman Updated 

BTC has broken down outside of the channel it has been trading in. I'm expecting a red week this week with BTC revisiting 42-43k area before resuming its moon mission. Daily MACD crossing down. Volume on the decline.

djborrowman

There has been a lot of green lately with a test above 36,5 key resistance area. Bears appear to be gaining control in the short term but larger timeframes look bullish. My guess is we'll see a fake dump outside of this channel to shake out weak hands before it switches course to come back up to the trend's support line. Just a guess