jpwall

jpwall

Hello everyone, I hope you are having a good week so far and enjoy this post! Not financial advice, purely educational and / or for entertainment purposes. Writings are of my own and not written by an AI. Still long on Bitcoin. I'd flip short when the ETF geets approved, but actually view it as a great accumulation range. That's just my personal preference...

jpwall Updated 

Here we can see Bitcoin pausing at the $30.4K level. Assuming it can break above, we may hit the $32K area before dropping to $28K and moving upward over the next month or two. If we break above or below these ranges, it might make sense to consider positions in that direction. In this particular case, I am leaning towards the long side. Granted, there are events...

jpwall

Not financial advice - I hope you find my TradingView posts educational and entertaining Last post I talked about potential buy levels. Well, it's possible that the bottom is in. It's good to be prepared for either direction with price movement. Given the significant bearish sentiment on social media platforms, I find it increasingly unlikely that we will see...

jpwall Updated 

Not financial advice - I hope you find my TradingView posts educational and entertaining Bitcoin has been struggling as of late behind a harsh economic backdrop. Historically, Bitcoin has not performed well in September and I don't see 2022 being an exception. From the previous all time high of Bitcoin in November 2021, it is down upwards of 70%. Looking at...

jpwall

Not financial advice. With Bitcoin continuing to trend downward, there are additional buy levels in sight. A bear trap is also within reason, but with macroeconomic headwinds it seems unlikely to bounce much higher than $30K in my opinion. Looking at the Bitcoin market cycles in particular, the levels in teal could serve as support and prime buying opportunities...

jpwall

Not financial advice. We have effectively traveled back in time to before the 2017 BTC bull run, relative to the SPX. Now could be a good time to accumulate Bitcoin. Crucial support at orange line, approximately 30% down from here but we are already below the 2017 ATH. Something to think about at least. I'll be avoiding altcoins and attempting to trade BTC...

jpwall Updated 

For anyone also interested in semi long-term (20-35 years) Bitcoin investing like I am, these are potential levels of support I'm watching. Finding it unlikely to go below $10K barred economic catastrophe, frankly. If it does I will start to question my own understanding and faith in the asset. $24.2K is also an interesting one to watch. $22.5K is a previous...

jpwall

The S&P 500 has tried to break above resistance and failed over the last few days. It seems to be forming a small-scale head and shoulders pattern. Leaning short-term sell. First analysis on SPX, I usually look at cryptocurrencies. Thank you for reading and happy trading all! Not financial advice.

jpwall Updated 

Hello world! This is my first post on TradingView! We are seeing Bitcoin struggling to get above $30 to $31 thousand Tether (USDT). That being said, we are currently at the bottom end of the Bollinger Bands on higher duration time frames (4H, 1D). We see overall price squeezing, pointing to either a strong continuation down or reversal upwards. Based on an...