Jigstack

Jigstack

MASSIVE wedge breakout on monthly with a backtest. Most recently i saw that BlackBerry announced an EV partnership with Foxconn’s Mobility in Harmony (MIH) Consortium. Sounds good long term.

Jigstack

Market looks like it could see a big move into Q1 2023.Based my ranges we could see 800-1000k in either direction

Jigstack

Approaching 4 hr resistance/backtest of the broadening formation around 22937. We could see a pull back here back down to 21k unless the bulls decide to push. Could see as high as 24.9k on the upside.

Jigstack

The merge news (although bullish long term) may be a sell the news event for Ethereum.

Jigstack

Perhaps inflation is peaking. Given the upcoming resistance around 119 on DXY I suspect that this blow off top acts similarly as it did in the past.

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19,500 looks to be a critical level on bitcoin that needs to hold on daily and weekly closes. Below that, i can see us testing 13,500 and potentially as low as 6.5k. If the 19.5 level holds, it's entirely possible that we consolidate between 19.5 and 27k until mid August before making the next big move

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This long term support hasnt broken yet so its more likely that we bounce here but a weekly close below 2038 will lead to a larger selloff. 5 dollars post split?

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Note the first consolidation and where the moving averages were relative to now. Back then we had all of the moving averages crossing over the 200MA, similar to today. Looks like a breakout is imminent. If bull run starts, looking for 800+ this summer.

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Weed stocks are having a great week so far and I don't think the fomo has kicked in yet. SNDL is breaking out on weekly into the new channel and can squeeze higher above a dollar. I think this will continue running into month/quarter end and potentially 5-7+ dollars into Q2. This entire sector has been beaten down for years as money has shifted into tech and...

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I'm favoring more downside as we are still in a downtrend. Although, given the events this week, we can also see a strong reversal above curved red downtrend line

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Ripple has been forming a cup and handle this entire bull cycle and hasnt really done anything. Big breakout incoming. Just picked up a bag

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Target would be 50MA on the weekly chart as it is still rising. If they break the channel to the downside though, all bets are off and AMC could retest the wedge breakout at 4 dollars (UNLIKELY)

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I think if we close the week above 40k, bitcoin will push to 60k into the fed meeting. Right now, it looks like a failed breakdown on the 4hr

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potentially bullish setup on gold futures. I see this running to 3k by july 2022 above 2089. if you believe russia and inflation worries are just starting this might be a good hedge.

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Currently at the channel midpoint. would be reasonable to assume the midpoint breaks and we test he bottom or do something similar to march 2020. target on downside would be 510.

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Potential triangle/inverse head and shoulders forming as well as weekly bullish divergence. These sort of stocks like to run while the market is choppy which i expect into March. Breakout above 80

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Watching the 43k area on BTC. Potential reversal off that and run to 73k into March

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Is avalanche the ETH killer? very bullish price action as the rest of the market is selling off. 192 target on this triangle breakout