jpbrown1023

jpbrown1023

Let's see if SALT can break and stay above the pink resistance line this time. Multiple support lines on the MACD and price chart, it is already starting to break out. I think SALT is ready to take flight.

jpbrown1023 Updated 

Hey team! Looking at the 4-hour chart for Bitcoin, this is what I see. The biggest thing in my opinion are the purple trend lines, in particular the bottom trend. This is the base support for the uptrend that started around $3120. Since peaking at $4237, the price has retraced almost to the .618 Fib retracement mark. While earlier today I predicted the seller...

jpbrown1023 Updated 

I'm seeing a lot of bullish sentiment on TV, however, there are some things that concern me which I believe are worth pointing out. Looking at the daily chart, you can see that BTC fell through support of the falling wedge it was in and that support is now acting as resistance. There is an inverse head and shoulders pattern, but it is leaning. I also see...

jpbrown1023

Looking at DGD's hourly chart, it has a nice continuation pattern forming. A breakout could retest the high from last week, which would be a 20%+ gain. This is my initial target for this trade. There may be more, but I'm focused on securing a nice 20% profit.

jpbrown1023 Updated 

Looking at Salt's 4-hour chart, we can see it has been in an uptrend since late November and is currently testing the upper resistance boundary. It has already broken resistance and has since retraced. However, if the price takes off, there is a ton of potential.

jpbrown1023

Ripple is an alt that has caught my eye during this bear market due to its great performance since September. And since I have been watching it, I've spotted a couple things I think are worth mentioning. 1) There is a big inverse head and shoulders pattern seen in green. Using the head height to determine the target area, I think XRP can hit .00017 with maybe...

jpbrown1023

Looking at the 4-hour chart for SALT, the price has been steadily rising since late January and is currently testing overhead resistance. With support on the MACD and price chart,I think this is a great buy opportunity if the price breaks out. SALT has some pretty explosive pumps, so have your buy orders ready. If the price fails to break resistance, I will be...

jpbrown1023

Looking at the 4-hour chart for NEO, we can see that the price is testing the upper resistance trend. If NEO can get a much needed breakout, I think it is in store for big gains. I put two targets that I'll be looking for NEO to hit at .0026 and .0033. Each target if met with resistance would create an inverse head and shoulders setup.

jpbrown1023

Looking at the 4-hour chart, you can see VET almost fully retraced from its huge August pump. However, we confirmed this area in pink as support and the price is showing signs of reversal. The MACD has crossed the zero line and is at a key resistance line. If we break this line, I think we're off to the races. I put up some possible areas of resistance in blue....

jpbrown1023

Looking at the 4hr chart, QTUM is in a nice ascending channel. It is currently bouncing off the lower boundary of the channel confirming it as support. This could be a great area to buy as there is a lot of room to move upward in this channel. My target will the top of the channel around .00065-66 and I'll have a stop-loss at .00056 which would be a clear break of support.

jpbrown1023

It has been too long since my last Ethereum post. So without further ado, let's get to it and look at the 4-hour chart. Ethereum has been very bearish for some time and recently surpassed its September low this month to set a new low for this year. However, you can see it has a nice rounded bottom and is on the verge of breaking out to the upside. I set two...

jpbrown1023 Updated 

XRP is showing a similar continuation fractal. If it behaves like the previous one, we could see a big bounce off this support line.

jpbrown1023 Updated 

Looking at the daily chart for BCHABC, I see a lot of things I like. We have a bullish cross on the daily MACD as it rounds off key support. The two previous times BCH touched this support,the price took off to all-time highs. But take that with a grain of salt as it's important to remember those pumps occurred in a bull market and this is a bear market. The RSI,...

jpbrown1023 Updated 

Looking at the chart, Bitcoin is looking unbelievably weak. It has been free falling since $6400 and has yet solid ground. Each time the price action has resulted in bear flag and a fall through support. I believe there are a lot of buyers at $3000 and I will be looking for a bounce at this level. How much of a bounce remains to be seen and will be really...

jpbrown1023

Looking at Ripple's daily chart , it is looking strong. The price action is testing the upper boundary of its pennant (white) and is forming the right shoulder of an inverse head and shoulders pattern. I will be watching for the price to complete the right shoulder and break the neckline. This would be a very bullish sign and a big buy signal. I put up a FIb...

jpbrown1023

Looking at the hourly chart for Bitcoin, I'm not sold that this is the bottom. Price action appears to be throwing up a bear flag/rising wedge pattern and since the pump volume has gone down. With overhead resistance on the MACD and RSI indicators, I'm remaining bearish and staying on the sidelines. I think good volume, a break of those resistance levels and a...

jpbrown1023

Looking at the 4-hour chart, Metal is looking in great shape to make another move. It has almost completed a .786 Fib retracement and is catching support on the MACD zero line. Watch for a break to the upside.

jpbrown1023 Updated 

Looking at the 4-hour chart for BTC, Bitcoin finally found solid ground and recovered from its low of $3,400. It broke a key downtrend line that now appears to be acting as support. An inverse left shoulder, head, and start of the right shoulder can be seen. A break through the neckline would be a very bullish sign. If it can do that, I think the price will find...