jdharward

jdharward

BTC is at 3.618 advancement when measured from the cycle bottom and the tippy top of the $100 million pump on April 1 that started this run. Check out what happened at the 2.618 line and act accordingly. Expect to pull back here and flow into altcoins. If this plays out, my target for the next wave cycle is 5.618 or $14,391 as a minimum. Indicators however...

jdharward Updated 

I think the longer the US trade war goes on with China, the more we'll see Bitcoin rise. The BIG drop/correction won't happen until a deal is reached. But now could be a good time to sell, take some profits and set your stop-limit orders to buy back in if the price crosses 9750'ish. Major resistance at 9600 and I would expect at least a small pull back to...

jdharward

Looking at the altcoin market cap, we have a potential cup and handle formation. Potentially, the cup last a longer time to 'fill' before launch but it could also happen within the next 30-45 days. Bitcoin could see 9.7k and likely flirt with 10k and support these prices for a week or so before correction. Our hope is that Bitcoin's price remains stable long...

jdharward Updated 

Looks like loan officers will be selling 2 and 3 percent fixed mortgages before long. ;) This is an update to my previous idea: If you're a fan of Fibonacci, then you're already well aware of the significance of the 1.618 and .618 lines. If you're not. Here's a super simple version. .618 retrace is the most likely level to see a "bounce" if the overall trend...

jdharward

Not financial advice and all that jazz. EDO is an interesting coin for it's wallet/exchange hybrid platform. Overall, Bitcoin Dominance has broken, alt crypto cap is looking ready for it's next pump. EDO, along with all alts, will get pumped along the way. Quite possible it bounces today or tomorrow. Could also fall to 960 first too. Bottom indicators show...

jdharward

Just an update on a previous idea. Bitcoin dominance clearly broke down and found support at the 50 day (red line). Orange line moving up is Altcoin market cap. I suspect Bitcoin's price is being kept stable around 8300-8700 in order to facilitate the growth of alts with many alts up over 100% from their May 14th lows.

jdharward Updated 

Looks like AAPL could be forming a possible cup + handle formation on the weekly. But first the price has to decline a little further. Probably $172-175 before reversal in 2-4 weeks. Like to close at or below $185 this week. Why 2-4 weeks? That's a rough estimate of when a "trade deal" might be worked out. A successful trade deal will undoubtedly send the price...

jdharward Updated 

Looking at Bitcoin dominance, a drop is coming, clear as day. Alt coin season is already starting. Spring is in the air. ;)

jdharward Updated 

On the daily, we can see some bullish reversal potential. 5/20 daily closed as an inverted hammer (bullish), indicating indecisiveness. Today's daily, 5/21 has broken above the trend resistance line and looks all set to close above it. Major resistance is around 1000 sats. This price point was the previous low and had served as support before breaking. Now will...

jdharward

Looks like China's on the move by devaluing their currency against the dollar. This looks to me to be further escalation. Bloody Friday in US equity markets tomorrow?

jdharward

Looking at AAPL on the 30 minute. The stock price has been in decline, rallied on based off presidential tweets and trade war "news". Today's catalyst was Trump plans to delay auto tariffs by 6 months. That was enough to reverse a 200 point loss into a 120 point gain for the DOW. On this surge, we have a rising price but declining volume divergence....

jdharward

A couple weeks back, I read an article that suggested Bitcoin's sudden rise in price was actually due to PBOC (China) running out of dollars. We can see the price has spiked in sync last week and today based on tariff news. From a technical standpoint, the price looks exhausted and we'll probably see a pull back imminent. I'm using the daily but the weekly is...

jdharward Updated 

NIO set a new low today, thank you trade wars! The price doesn't show any momentum of changing direction. The price must stay above the green/blue trend line to remain out of the "fucked zone". Might as well buy more puts.

jdharward

Apple is cruising towards that red line. Short term price target of $178. If the price doesn't bounce off the red support, expect it to continue to fall, potentially to the trend support line, forming a double bottom.

jdharward Updated 

EEM which can be thought as "Emerging Markets" looks fucked to me. Short this. Baring a sudden trade deal this week (unlikely), EEM could see sub $40. The puts I purchased last week have already doubled in value. :) From a TA standpoint, let's review. Price is below the green line (bearish) but bounced off support in the last 10 minutes of the trading...

jdharward Updated 

The market was rescued this morning following "There's still hope!" tweet from our President. Looking at the 15 min timeframe, you can see the stock gained some bullish movement but it's still quite bearish. Note the price is below both the green and red lines. $195 target for 5/10.

jdharward Updated 

MARA is approaching the end of a pendent. Break out or break down by or before 5/17. Looks like it could be setting up for a final wave before correction. Bullish target is kind of crazy, as it would be a nearly 400% move... but a VERY STRONG 5th wave could push the price to $8. Some bearish indicators though. Namely the bottom red bars. How to trade: Set...

jdharward Updated 

NIO is probably a good buy, long term. But short term, I'm seeing nice profit off my NIO short term puts. NIO could turn out to be the buy of the century... at $2.80 :) We can see here, NIO is coming to the end of the wedge it began forming on April 1. The price (and market in general) was pumped up in the last 10 minutes of trading today by algo panic buying,...