jaysag33

jaysag33

Did you miss out on buying the first correction? That may be okay because, historically there is at least one more dip before the market resumes it upward projection. Right now, NDX is back at all time highs so 1 more drop from this spot is very likely and considering the chaos the country is now experiencing, almost inevitable. This is not financial advise....

jaysag33

We just got the 55,21 ema cross on the daily people! Fucking send it! #Ethereum

jaysag33

In the next couple months we could potentially see BTC settle in the 5-6k range. Right now I'm all out, but if we enter this area, and consolidate for a while (key because you don't want to play dead cats long term), then it'll be time to scale in, and hold until 10-11k. Easy 100%.

jaysag33

The 200 has been acting as very strong support. As long as this holds I will remain bullish on the entire crypto market. If price crosses the 200 and the retest fails, I will become bearish.

jaysag33

Bitcoin's last bullrun had multiple 30% corrections. You had to have very strong hands to ride that bull. This bullrun has yet to have ONE single major correction, lulling all of us into a false sense of security. NO! History proves there will always be corrections! Bitcoin will still be Bitcoin and there is still a chance to buy 4 digit Bitcoin. Patience is key!

jaysag33

Just ask yourself, will history repeat? On a coin that's systematically controlled by one entity, why the hell not?

jaysag33 Updated 

Imagine if 2019 was the actual first lower low. What if we're starting a new channel. What if you bought 8900 and are just waiting for the correction to be over? Are you prepared to "HODL" for a couple more years?

jaysag33

Now that we have 5 complete waves up, will light coin continue on its path to moondom or is it time for a .618 retrace of the entire structure? With BTC looking pretty topped out short term, it may be a good time to be short.

jaysag33

BCH seems to be boucing off this rising support line. Might be good to throw a little money at it.

jaysag33

If this is it, I count a 5 wave structure completed. Now I'm expecting a retrace to the .382 to .5 level depending on bullishness of the waves down, then onto and hopefully a larger wave 3 bounce.

jaysag33

BCH Hit 1.618 on this wave 3. This recent volume is a good time to make some plays. Wave 1 retraced to .382 level so wave 3 is likely to retrace to .5-.618 level which is $444 to $440. RSI touched 90 on the 1hr and now there is bearish divergence on a few time frames. Opened short at $460. 3-4% potential win.

jaysag33

The 2 areas of interest for me are a touch of the 55 ema and the .618 area. If you're on Coinbase, you'll notice a lot buys are bunched up around the .80 to .85 cent range. So are mine lol. Volume is way up for this coin as is volatility. Perfect coin to trade. Stay safe!

jaysag33

If you missed the bottom in August it would be silly to go long now. My plan is to either wait for breakout above resistance or go short after a hard rejection. Since this still early in the bear market. My bet is definitely on another trip down.

jaysag33

I don't think the correction is done. We should at least hit the last resistance before going higher. Starting to play around with stop losses and using risk management this time.

jaysag33

This bearish resistance looks like it is taking it's toll on poor little litecoin right now. Head and shoulders near completion. If I was into shorting, this would be a good time. But I just buy bottoms so I'll wait patiently now.

jaysag33

Bitcoin and Litecoin have been making some moves as of late even showing a bullish break of this valley started a week ago. However, it is still within the bearish channel from the last daily high. If we break that channel, I will go long, otherwise still waiting for one last drop before we call $73 as the bottom.

jaysag33

What will it do? Blue pill Red pill? I don't know! But I'll be ready!

jaysag33

Rising wedge on the RSI indicates and possible break down.