Jackrabbit_Trading

Jackrabbit_Trading Updated 

So far so good....The first signals is that BTC is bottoming. At the current moment when I write this, BTC is trading above the 21EMA (>$10216) but under the 50MA (<$10268). Today with the weekly close its important that BTC closes above the $9900. Bullish trend will remain. To bring back some stability in the market it would we good if BTC closes today above the...

Jackrabbit_Trading

The level BTC has reached right now is very important that it hold. Why? because if we break 45'c from the high and the 45'angle from the low, this means the trend is changing into the bearish and possible test of 7k might be realistic. But we are not that far yet. On the Crash Banger indicator you can read that it perfectly gave a sell signal at the end of the...

Jackrabbit_Trading Updated 

Looks like Theta is getting ready to pump. Its riding between the 1/1 and the 4/1 of the 12th of June. If it breaks the ressistance at aprx.0,282 cents than the next target will be approx. 0,38 cents.

Jackrabbit_Trading

-BTC update- THE HASH RIBBON IS FLASHING A BUY signal…!!!! BTC is in a critical area right now. Above we have the resistance of $9320 and as support there is $9100. If BTC breaks down throught the 4-1 line than we turn very bearish and BTC can go back potentially to $7200. If BTC breaks the $9320 there is potential to go to $9600 and test the multi year...

Jackrabbit_Trading Updated 

Like everybody is saying “its boring at the moment”, Yes it is. But If I listen to all the news about BTC on the internet every indicator is flashing and BTC is at a point of breaking out and we are going to the moon….Personally I think which indicator is flashing and why are some people pumping BTC everyday like it’s the last bus that’s going home For the short...

Jackrabbit_Trading

BTC Update Today was a day of a lot of calculations. If we look at the Hash Ribbon, it still hasn’t fire a Buy signal yet. What I said earlier we think its going to be around the 30th of June. Why? About 2 reasons: on average a buy signal is has been given by around 6 day after the recovery signal. The recovery signal was given at the 24th of June. The second...

Jackrabbit_Trading

BTC update Everything is according to plan. Like we called earlier last week that the market would go down after the 22th of June. Today, 24th of June we saw the market go down as expected. Today we saw the “green” ball on the Hash Ribbon. This green ball signals that the Miners capitulation is recovered. In the past after this signal, on average, we saw 4-6 days...

Jackrabbit_Trading

BTC update BTC is currently trading at $9437. Its still below the 23 EMA and with the triangle. To break out of this triangle and break to the resistance above the 23 EMA there must be a daily close above the $9458. If this happens BTC will break out. Looking at the Hash Ribbon it is still on course and follows the line we drawn last week when the possibly Buy...

Jackrabbit_Trading

On the weekly timeframe we still in that downtrend that is lasting for almost 2 years.... Due to ther Hash Ribbon indicator a possible buy should occur at the 28th or 29th of june. But what is going to be the bottom? $8700, $7200 or even lower to the $6300 near the 200MA. Within a week we will know the answer....Stay tuned and I update as soon the market changes.

Jackrabbit_Trading

-Update BTC- For no it is still quiet…The price of BTC is still around the $9477 - $9500. In my opionion we are in a very critical stage. Why? The 31MA is around $9437 (support), the $9837 is a very heavy resistance. As long if we stay above the 31MA the short term will be bullish . BUT if the price of BTC falls below the 31MA, this would be for us a SELL signal,...

Jackrabbit_Trading

-Update BTC- A new BTC update for the coming week. It’s going to be an exciting week. If you look at the chart we are entering the final stage where it is decision time which way BTC is going. We still have a very heavy resistance around the $9800 if we look at the VPVR. If BTC breaks this resistance than BTC has the next resistance on the $10500. Once BTC breaks...

Jackrabbit_Trading

Zilliqa already made some very nice gains the last 2 weeks. We think that ZIl can go a bit higher. 3 to 4 cents max. before the 18th of june. Fort the long term ZIL is a coin to hold in the portfolio when we are looking to the fundamentals. In the future (1-3 years) ZIL could go to the $1,00 a $1,50 Defenitly a coin to watch