jpbrown1023

jpbrown1023

Power Ledger is shaping up for a big breakout on the daily. We can see a beautiful pennant formation testing overhead resistance, which has kept the price at bay for almost 2 years. I think if it breaks this resistance, it will do so with POWER! So get ready!

jpbrown1023 Updated 

LINKUSDT broke through the upper boundary of its ascending channel today (blue). Could it be poised for more? Looking at the BTC and USDT charts on the smaller time frames, I see a bullish continuation pattern. The entire history of the price action fits nicely between the pink ascending channel. LINK's price action has been on fire of late. If LINK breaks loose,...

jpbrown1023 Updated 

We can see the price squeeze happening on Metal. I think we will break to the upside on this one. Get ahead of the crowd and buy while the volatility is low.

jpbrown1023 Updated 

Add Stratis to your list of longs. We have a bullish cross on the daily MACD and the price action is retesting the overhead resistance that it has been battling for a year. If we clear this resistance, it's open skies from here. The price action fell quite steadily last summer with very little support. Since there is such little resistance beyond the trend, the...

jpbrown1023

Pretty simple TA here. Bullish breakout with a bullish daily MACD. The key level to beat is the .00014 level. This level acted as strong support from February till May and then it fell below and got trapped. I am watching for the breakout beyond the blue price level. This would be a strong buy signal.

jpbrown1023 Updated 

Ethereum broke overhead resistance and confirmed it as support. I like this trade long. My only hesitation with this trade is that BTC is showing some weakness so keep a watchful eye on BTC as it could change Ethereum's direction.

jpbrown1023 Updated 

Keep on an eye on LINKBTC. LINK had a bullish pennant breakout and is now testing overhead resistance. If rejected, I could see the price re-test the support trend before making its next leg up. However, there is the potential it breaks up now makes a new all-time high. If we break to the upside, I think there's potential for at least 25% gain before testing the...

jpbrown1023

Taking a look at Bitcoin's daily chart, we can see that the price action is re-testing the lower triangle support. This $9,000 area is also a strong support area. If the price can hold, we could have a pop to the upside an keep the continuation triangle alive. However, a failure here should send us well into $8k. While this would be a short-term bearish move, it...

jpbrown1023

Raven is bouncing off strong support. Could be a great long entry.

jpbrown1023

Rinse, wash, repeat. The current price action is testing resistance, but buy the breakout of this wedge. I think we may retest support one last time before we go up.

jpbrown1023

I'm long here. Target is .000028 based on triangle height.

jpbrown1023 Updated 

BTG had a bullish pennant breakout early this morning, but retraced back into it. I think this might be a second chance to buy in before the price takes off. The price is bouncing of the green support level. If you want to play it safe, buy the breakout.

jpbrown1023

Bullish breakout on Bitcoin Diamond. The price bounced off previous resistance and confirmed it as support. I think it's up from here.

jpbrown1023 Updated 

Litecoin has come on to my radar. You can see that the price has broken out of a year long wedge in pink, but lacked support from the bulls to have a truly bullish breakout. However, the price action is tightening up again in yet another falling wedge and on the lower time frames, has already broken out. The daily MACD is showing a bullish cross over the signal...

jpbrown1023

ARK's price action this past week against BTC has been very bullish. Since breaking above the daily MA200 in May, the price hasn't looked back. It also broke above two key trends in green and blue which have kept the price at bay for a year now. If the price can manage to stay above support, ARK may be poised for some very big gains.

jpbrown1023 Updated 

Ethereum has broken overhead resistance on the daily. Look for higher prices here soon.

jpbrown1023 Updated 

Here's my take looking at the daily chart for BTC. Since mid-March, Bitcoin has made a great run from $3,700 to $10,000. The current price action has been moving within an ascending channel and is forming a continuation triangle, which suggests a break to the upside. However, we can see that Bitcoin broke down below the main uptrend from $3,700, which is now...

jpbrown1023

The Bitcoin Bulls are showing a lack of conviction when they need it most. I know many are hoping to maintain the hopes of a continuation triangle to the upside, but the price action and indicators are showing weakness. I think the OBV is a good indicator for future price action and I use it quite often. Taking a look at the 1-hour OBV, the weakness is apparent....