jollygreen

jollygreen Updated 

Long-Term Outlook: More Bullish Action. Many possibilities exist and things are looking very interesting for the longer term. The true test will be breaching the low 4k level at the resistance line. The green box inside the volume gaps could be a nice resting place if the bulls can handle the climb. Short-Term Outlook: The RSI on shorter time frames is oversold,...

jollygreen Updated 

On-balance volume is increasing along with long positions. These bullish signs could be enough to push us up higher with positive price action.

jollygreen Updated 

BTC's 1 hour EMAs just crossed up again. If the bulls kick in we could see a few more waves up. If not, wave failure may occur and we could see downward price action. Stops in at the near support around $3570

jollygreen Updated 

This is an update on my BTC EMA Breakout idea. Things are looking up for BTC with this strong upward movement. If you've been following this idea from 12/17, congrats! This trade is making us 18% so far! It is also far from over I feel. We broke through the first major resistance levels around $3.9k and our next level is around $4.3k. Any breakout above $4.4k...

jollygreen Updated 

BTC is still showing signs of growth as it continues to push upwards. It appears we also just completed a potential wave 1 with a nice bounce off of the .618 fib level. The top of the channel is around 5.1k, so be sure to watch for positive moves into early 2019! There's around 35% profit potential if it completes this channel movement in the near future.

jollygreen Updated 

BTC 1 hour EMAs broke out nicely this morning on 12/17. Where will they go next? Well, up of course. $4.8k is around .5 fib of our last drop, so that is a potential target. It will be interesting to see how the wave structure develops as we near resistance at the $3.9k and $4.4k levels. Get your longs in!

jollygreen Updated 

Hourly EMAs broke down. Short to 2.9-3k ranges. Next support after that is near 2.8k then 2.4k and 2k. Should get a nice bounce before then.

jollygreen Updated 

BTC bounced up through the EMAs on the lower hourly time frames, but we are still in the woods. As you can see from the last trend, we tested the EMAs at least 5 times on the last descent with little traction before we resumed a positive uptrend. Many traders have been calling for bull flags and similar upward movements, but I think we need more time. We are also...

jollygreen Updated 

BTC appears to be rising for the short term. The MACD histogram is ascending and the signal could cross soon, if this support level holds. RSI is also at historical support and we have a green doji candle starting our next potential impulse on the 1 day charts. The next levels to watch are around the 6.4k-6.6k range. I am particularly interested in the 1 day...

jollygreen Updated 

So I have been trying to make sense of other wave counts that will fit BTCs current position. What do you guys think of this idea? It should play out in the next few days if its happening!

jollygreen Updated 

BCH could break out to 5k+ very soon. It is consolidating nicely and looks ready for upward movement near the very end of the triangle. It keeps testing the resistance at $2700. Current analysis shows 130%+ possible. Things to watch after the breakout: 1. Wave 5 Peak The last two highs were at Wave 1 (340%) and Wave 3 (250%). The Wave 1 high was based on a Korean...

jollygreen Updated 

DOGE has been working like clockwork. It has gone up and down several times in 2016 and one time last summer in 2017. Now it is finishing its most recent wave. The question remains - are we done with DOGE or is this part of a bigger wave trend? When we compare our current DOGE position with the last pump which peaked in May of 2017 we notice a few interesting...

jollygreen Updated 

Here's a quick trend based fib assessment for our current STEEM wave count on 1-10-2018. STEEM could continue the climb into wave 5 if BTC remains bullish. Wave 4 could retrace more and allow for more vertical movement into wave 5. If wave 4 stops here, we could see a shortened wave 5 somewhere in the .618 fib range (.0007 BTC) as shown on the chart.