jarc56

jarc56

Bearish

jarc56

Short this pig

jarc56

High short interest

jarc56

On the lookout for squeeze as short interest is high

jarc56

High short interest - possible short term squeeze but tight stop

jarc56

H&S be looking High short interest.

jarc56

C&H break out again.

jarc56

Broke the descending wedge from previous post and moved up nicely. If volume is not sustained I think we form a descending triangle and I am NOT ruling out another Covid 'event' that would take us down to the 15-18k range. Nothing moves in a straight line but the 'event' will be swift and brief as major buyers would come back in.

jarc56

Here's my idea of how this may shake out. The first run up and back down to its low lost 82%. The second run up lost 74%. This run up is currently down 56%. Not predicting the future but if the past is any indication we could see a turn around in the 11-18k range around November. The difficult part is trying to imagine how high it goes from there and how long. ...

jarc56

One looks at this chart and says "wow" somebody is making some jack!!! Bullshit. Crypto is a joke. The dollar is mightier especially when you have the mightier sword (US military). You will never buy groceries with crypto. Just stop. Could you imagine? One day you could buy a loaf of bread and the next you could buy the whole damn store. Wake up! This is...

jarc56

RSI divergence Inverse H&S Looking to correct at $16.14 with possible further correction to $16.40 Let's see what happens.

jarc56

Am I reading this (bullish?) divergence wrong on the 15 minute chart? If I am right, DOT should explode to the upside very soon! And I'm 10x leveraged on Kucoin as I type this.

jarc56

Alert went off at $17.10 and could be fun times. Looking for a move to $18.10 to $21.10

jarc56

Will you shake them up to that that virgin POC at $1.20 or we gotta take out today's POC at $1.12? Let's leave the VPOC at $0.85 alone for now please. Shake em!

jarc56

Dead or waiting it's turn? Since 26 June: ETH +27% 1INCH +27% SNX +87% OMG +37% MANA +40% SUSHI +32% MATIC +5% I've noticed other alts becoming "decoupled" from ETH and having good runs but MATIC has been static. Although we've seen a nice run up in ETH, it's still under heavy downward pressure which may spell trouble for MATIC as it will still be coupled...

jarc56

Still not seeing enough volume to support a sustained breakout to the upside. From my post on June 9th, the descending wedge has formed and I still feel it's the only way out to the upside but there has to be volume to support or else it wonders into the desert looking for its next move. Thoughts?

jarc56 Updated 

MATIC opened below VAL so normally this is a no entry unless we are looking for the 80% rule if invoked - 2 consecutive 15 minute bar closes in value after trading outside of value. Rule says price should move across the value area 80% of the time. B2 and B3 closed above VAL. Worth a shot here with trendline support below. Set a stop, hit and run at 5%, total...

jarc56

In at $14.40, targeting $23.50. Let's git it dude!