jackdavidpiney

jackdavidpiney

Waiting for confirmation either side of the current grey range. If it's bearish which it currently looks to be, I'll be waiting for re-support on the lower levels noted and aiming for 1000 sats once we see strength.

jackdavidpiney Updated 

Levels. The .786 to .5 Fib retracement bounce isn't uncommon, which gives us another 13% from the time of posting. Ideally, the green support noted holds. If not then I'll be looking at reactions with the lower blue noted levels.

jackdavidpiney

The lower grey marked range must hold, the upper grey marked range is the current resistance we need to flip. The Daily 200 EMA at 3300 sats will be a struggle but that is a 15% move from here. I wouldn't be surprised by a retest of 2650 or 2500 sats so this is a "watch and wait", the safest play from here if price moves up would be to see and break above the...

jackdavidpiney

Will immediate support hold or do we need a typical Fib retracement? Bullish factors: 9 ema above the 20 ema, rsi above 50, macd bullish, cci above 0 so if the 55 ema hold we should see higher highs. Bearish factors: Under some pretty nasty bearish divergence currently but that would be negated if price breaks higher than the 0.27 Fib extension level. If 0.017...

jackdavidpiney

KNC The first time we have seen the 9 and 20 ema above the 200 ema since the April breakout, this could get interesting if supports hold.

jackdavidpiney

Look for a failure of the price block highlighted, similar price action noted in the previous highs of 2000 & 2008. We see the relative strength fade as price continues to rally creating regular bearish divergence, after the break of the trendline hidden bearish divergence develops as the RSI shows higher highs and price continues to fall. 2000 and 2008 were...

jackdavidpiney Updated 

Breakout or fakeout? I don't play pattern breakouts in crypto, far too wild, looking for more confirmation of support. Ideally, 585 will hold, we'll break above 659 and challenge 706.

jackdavidpiney

Not a bad looking chart. Continued support 1950-1980 would be ideal. 9 ema above the 20 ema = Bullish RSI above 50 = Bullish MACD above signal = Bullish. CCI above 0 = Bullish Now we just need Bitcoin to play ball.

jackdavidpiney Updated 

Possible new support and lots of take profits or compounding levels for longs. An important aspect to note about trading is patience and yes we've heard it 1000 times but if we are willing to mark a clear level of support and simply wait to see new demand there again we stand a much higher chance of success. The black levels marked are obviously support, and...

jackdavidpiney

I'd like to see this 18570 level hold as support and reach for the Fib and price action based targets.

jackdavidpiney

Will this .618 - .786 Fib Retracement cap continue to hold price down or will we see a break in pattern with the next volatile swing? The symmetrical triangle is simply a period of indecision and as most of you reading this know, Bitcoin has been suffering the indecision of this bear market for 9/10 months now. If I had to pick a direction right now, I would be...

jackdavidpiney

Ideally 836 will hold and we can retest 1000+ Sats. Always cautious under the 55 EMA though. Trade Safe, always. For more detailed information, live chat and analysis join the Tradrz Discord in my profile.

jackdavidpiney

Is Augur about to jump? For more detailed information, live chat and analysis join the Tradrz Discord in my profile.

jackdavidpiney

Can the bulls protect support? The late August pump looks pretty inefficient and price does like to fill voids as my good friend Ribz would say. Don't be surprised if this one falls through. Good risk management needed at all times. For more detailed information, live chat and analysis join the Tradrz Discord in my profile.

jackdavidpiney

Levels of interest. For more detailed information, live chat and analysis join the Tradrz Discord in my profile.

jackdavidpiney

Is the APPL run over for now? Invalidation if we close above ATH again. For more detailed information, live chat and analysis joint the Tradrz Discord in my profile.

jackdavidpiney

A few differences to note: -Duration, this bear market has played out faster so far. We can see this by the duration from ATH to 55 EMA failure. -EMA's, at point 3) Failed support on the weekly 55 EMA of 2014, price dropped below the 90 EMA. (2018 has not failed the 90 EMA, yet.) What happens next? We need to get above the weekly 55 EMA. $7200. If we fail the...

06:56

jackdavidpiney Updated 

The 13 ema provides great support and resistance on the daily timeframe. After the strong price action of June 24th, we saw the inability to trade below, a sign of strength. We then punched the 13 ema on the 30th, another sign of strength. The 3rd sign of strength was the retracement into and support on the FIbonacci 0.618/0.705/0.786. This was a great time to...