jm3711

jm3711 Updated 

Is an explanation really needed? Take note of the inverse H&S forming as well. And I will say, if you turn on "log" and then redraw the line, you will notice that it gives a cap on the play at around 26400. So if you're still bold enough to hold a long all the way to there, GET OUT THERE!

jm3711 Updated 

I filled in the blank...we're headed toward a downtrend which is symmetrical to the uptrend. Picture says it all. Short here, or wait for a small pullback if you want to risk it.

jm3711

This wedge has been tested many times and holds up very well. It has a couple fakeouts which has launched bitcoin in the other direction, which is expected if the wedge is legit. Watch for how this breaks next, and react accordingly. Ideally, you really want to see a 1 day candle close above or below this wedge for the best confirmation of the direction it's going to go.

jm3711

ETHBTC is in a long term wedge which is unlikely to break for another 6 months to a year. Expect hard pullbacks in the near future, but ultimately sometime in 2022, Ethereum will make huge gains against Bitcoin.

jm3711

Etherium is in a wedge inside a wedge right now. It could break out upward any moment, or fall back into the main wedge. React accordingly!

jm3711

Etherium is in a wedge and the resistance is currently being tested again. This wedge will conclude by tomorrow morning at the very latest. Watch closely - if it makes a clear breakout in either direction, react accordingly! Always remember that fake-outs exist - it could fall down and quickly recover. Etherium is very bullish overall so a drop down will likely...

jm3711

Got another wedge that can turn Dogecoin very bullish or very bearish. Watch out for fakeouts!

jm3711

If it bursts upward above 400, BUY!! If it falls down out of the wedge, sell if you're holding! Fake-outs are possible so beware of that.

jm3711 Updated 

There is a resistance which is very likely to make bitcoin fall back to the red EMA tonight sometime after the new 1 day candle starts. Please note that I am not an expert, but I have seen this happen many times and I'm not sure if I've ever seen it not fall back to be honest.