jimo79

jimo79 P Updated 

Bullish divergence on the 1D chart, hit at long-term support 0.50 BTC. MACD ready to rise. Weekly time-frame ready to go for a sustained climb. Coin significantly undervalued only 36600 coins in total, very low supply and strong project with long-term applications. Previously worth 4BTC, and the coin almost broke $100000 in May - the highest price of any...

jimo79 P

Bullish divergence on price action and Daily RSI. Daily MACD highly oversold and ready to crossover

jimo79 P Updated 

Has broken the short-term descending trendline. Daily MACD ready to move up, RSI starting to move up.

jimo79 P Updated 

Just a thought, with little certainty. Seeing all the bart head formations popping up again reminded me of what was happening in Early april at the $6500 bottom when whales were accumulating by keeping the price locked in a corridor with most people holding a very bearish outlook like we have right now in the market. Watch how it unfolds over the coming days. If...

jimo79 P

This long term trendline has been in play for a while, with only a brief breakdown of it in early April but bulls quickly brought the price back above the line. This is an important line to watch, if it holds, then we may have confirmation of a bottom and the recent bart simpson type price action is the whales accumulating again like they did in April.

jimo79 P Updated 

Disclaimer: I don't know anything about which way any of this is going because I feel the market is unpredictable due to many forces right now. Anyway this is just the wedge the price action is forming and seems pretty obvious the decision points we are heading toward.

jimo79 P Updated 

We have been in an ascending channel since April 1st. Today's drop from the bull trap is sitting precariously at the bottom support which it tested a couple of days ago already. Two scenarios: 1. We may bounce upwards from here but seems quite unlikely given the bearish sentiment and trend indicators bearish across the board. However, there are probably a lot of...

jimo79 P Updated 

My latest idea was a total disaster so please don't place any trust in what I see and figure the story and move out for yourself. Right now the trend is bearish so its high risk to trade against the trend. However, we MIGHT have reached the bottom here. The next target appears to be just under 8800, a 50% fib retracement hitting the top of the channel. ...

jimo79 P Updated 

Bitcoin with room to move upward

jimo79 P Updated 

Looking back at the March 20 Bullrun, confirming the same period on the 2HR and 4HR cycles, we have a very similar setup which preluded a large move up. Keep an eye on price action. I am not responsible for losses. Trade smart with good risk management.

jimo79 P Updated 

ETC Prediction $52 price for Callisto Airdrop

jimo79 P Updated 

I'm not entering until we break the upside of this channel and the 8HR and 12HR stoch RSI hit the bottom and turn upwards

jimo79 P

Tomorrow will tell. But seems unlikely to be a huge fall with the upcoming Callisto airdrop. You never know though! We are definitely due some kind of retracement

jimo79 P

If it follows the standard breakout pattern on the Fibonacci. Timeframe may be inaccurate and take longer than shown. Please take with a grain of salt, I am not a TA expert

jimo79 P Updated 

Goodbye sweet $9000 dreams

jimo79 P Updated 

We are now at past support levels and support on the descending channel which began from the ATH at $20000. Watch closely for a bounce here to the top of the channel. If we break lower than the channel then next stop appears to be around $6k levels. RSI is supportive of a bounce from here

jimo79 P Updated 

Looks like we are due for a retest of the $8000 support line in around 3 hours based on the current channel that has formed on the 15-min chart since the first reversal unless there is a clear break very shortly. On the retest we may bounce for a double bottom or break through resistance and head somewhere for next bounce within the $5-$7.5k range

jimo79 P

Bitcoin 12HR chart Head and Shoulders pattern - retest of $9000 looks likely