About meRunning MM, I am author, educator, and Mentor. My new Wave Theory and technique "JP SPECTRUM" are the most powerful trading methods on the market - ask for it. Websites https://poniat.com and polska strona https://pl.poniat.com
Impet jest bardzo silny więc uwaga na szybkie zmiany. Cena osiągnęła opór na 12225.3.
Czekamy na reakcję ceny. Poziom 12000 został jednym szybkim „ciosem” wybity.
W tej chwili nie ma sygnału na otwarcie długiej pozycji, tym bardziej na krótką pozycję.
Out position has the profit of 332.6USD.
I did move my SL to 9951.3 level (just bellow 50% of the long candle).
We have support at 10007.0 level. Position remain open until price break level of 10007.0 because momentum remain very strong.
Let’s wait and see what will happen next.
JP Reversal shows that price will go higher. For the passed three candle price rises, then it is time to open long position.
Momentum rising as well. We have additional support at 9700.00 and we have free road to 10,000.0 which is about 200USD.
As soon as price break through critical level of 9866.7 then we will open long position.
TL3 will ...
I have created Channel but the price did not reach upper line of the channel.
I just waited for candle to be closed. On the lower TF momentum slows down.
But we have wait until price either break trough the TL of the channel or rises higher.
And that perhaps is price doing right now. Look like price is loosing momentum pay close attention what...
We do have accumulation of the price. Strong resistance at 9500.0 and strong support at 9211.0.
This is the second time price try to break trough resistance of 9500.00. TL2 secure possible price drop.
TL3 was broken up by previous candle, but not with strong. momentum.
We have possible long position when Doji will be engulf (by highest price)...
As we predict there was price drop. I did not look like explosion, sorry about that.
Price dropping lower, just passed first step at 8348.7and the next step is below 8000.0.
As you can see another TL-4C is forming, and line 0-2 is already drawn.
We have reversal signal 24 of January 19:00 EST.
Unbelievable situation on Bitcoin. We have many Doji in the row. This will provoke price explosion just don’t know in which direction.
Good idea is to setup alarms on 8697.5 and 8572.5 then we will know in which direction price will explode.
At this time I will suggest go to lower time frame so we may get more profit for the trade.
It is snowing in Toronto and is cold. Then lets take a look what is going on with Bitcoin.
Look like we have complete TL-4C formation, and now we wait for fifth swing and then we will perhaps see price drop bellow 4 point.
At this time price stop on 50% of the last swing which is god sign for the fifth swing. Also Momentum stop where should be....
We may have TL-4C formation. Already TL on 0-2 swings. We have TL3 that created resistance and TL2 support.
This is perfect setup, if price break up TL3 then we will rising price and if price break TL2 then we will setup for short position.
Strong support is on 7763 level and 7973.8.
Lets wait and see what will happen with price.
JP Spectrum shows behavior of momentum, in this analysis shows that correctional swing is almost over and now price will rise.
I will need minimum of two candles to mark the road of price. JP Reversal shows in advanced when will reversal will occur.
Trend line TL is protecting us from price drop bellow. If significant candle (long) will break...
Just like we predicted price drop slowly down to 7147.7. Will be dropping lower? Let wait and see.
We have support on 7119.0 level. We did protect our position by TL4 and SR At 7119.0. TL4 is protecting our short position,
if will price break trough TL4 then we will close position and open long ( but must be strong momentum – long candle).
Good morning Traders,
Price is going nowhere. We do have formation TL-4C on the chart. If this pattern could be complete then we should expect price drop. Also we have Double Top which confirms TL-4C.
The second leg is forming very long time, this is indication that price will drop soon. Price is slowly dropping then lets wait and see what will happen. We have...
Price slow down for the passed 10 Candles, but remain above our support 7076.0. TL2 is here to make support but is breaks then we will have significant price drop.
Our Target what was support 7254.0 then become resistance now.
New target was signed 7527.0. Slowly price rising but we do not have enough momentum to care on price higher.
Wow what a explosion! (I told you so). Price right now make a correction deeper then 25%, but remain above 50%. Seams to me that price just waiting for something…7076 is support level,
price should stop there. New target T3 on level 7527 was introduced.TL3 is there as a resistance trend line.
Right now we are waiting for the signal.one again if...
That was awesome price drop. I this this is the end of drop for the time been. If TL will be break to the upper side then will see price explosion.
What was our target at level 6714 now become resistance level. We do have nice Bullish divergence that indicates price will rise.
Nice job. Pattern TL-4C is working just perfect. Break of TL with strong momentum candle was signal to open short position. We could do that from lower TF. Now 316$ in the pocket it is nice.
There is price target at 6714$. Lets wait and see if will price reach the target.LT1 is remain resistance,
if the price will be able to break that line,...
For long period of time Bitcoin just slowly drop. Finally we have clear picture of TL-4C formation.
Momentum remain slow and weak . we have resistance level on 7325 and support 7000.0. trend line LT1 was resistance and now is support. We are waiting for price drastic move.
Is been long time since last analysis… But lets take a look Bitcoin King of the Crypto. For the long time Bitcoin drop down to 6695.0, but lately we can see slowly rising up 7848.9,
break though lower channels boundary but… Vertical read line represent JP Reversal – my technique that very precise predict reversal on the market.
Then what happen 30...