JordonH

JordonH

Bitcoin rises to the top of the channel in last weeks Bullish breakout The resulting rally ran out of steam near 6+ month trend line resistance and staying inside of the falling wedge. If Bitcoin is unable to get the legs to break through the resistance we could be looking at a pullback to the bottom of the wedge for another touch at support near 13k area. It is...

JordonH

Ethereum printing a clear W breakout with double bottom Price target 5475 based on FIB

JordonH

Ethereum Bullish signs: MACD 4hr & Daily ticked bullish Ascending triangle (60% probability upward move) All 4hr MAs are now in range or under Ethereum price making it possible to get above and break out Ethereum could be a leading indicator here for which way BTC is going to move after consolidation

JordonH

Inverse head and shoulder could complete and breakout at the 58500 level. Confirmation of this would see possible price target of 73k

JordonH

Clean consolidation for bitcoin over the past week/ weekend. Beautifully setup ascending triangle leading into the week. Bitcoin and Ethereum consolidating at current price levels in preparation for breaking the triangle later in this week. Currently very bullish with a price target on breakout near 56k by end of February

JordonH

My personal forecasted scenario for Ethereum Reason for forecast logic 1) Affinity for triangles 2) Pull back from last weeks breakout and consolidation price of 1700 - 1800 3) Bitcoin still drawing focus from ETH at this time due to cool off and cycle back to ETH soon 4) Double Top at 1800

JordonH

Bitcoin Retest of breakout triangle Was the breakout real or just the Elon effect? Must hold these levels to remain in a bullish case scenario

JordonH

Notice the perfect ascending triangle that would have formed on the hourly chart Elon Musk tweet can clearly be seen where it was made in the chart like a big blip Hilarious and somewhat scary

JordonH

Bitcoins breakout of ascending triangle began yesterday Break of the daily descending triangle which had been forming from ATH for weeks has now broken with the potential to reach a 30% upside When looking at the candle count your position should have begun yesterday on candle 2's momentum above candlestick 1 However we can see your stop loss may have been...

JordonH

Ethereum chart on daily pattern showing a very clear ascending triangle With some leniency to the rule of 3-4 touches on top and bottom, you can see a daily timeframe triangle has formed. You are looking at a breakout top target that puts us into the 2k price zone!

JordonH

Looks like Bitcoin is finally deciding on a direction. Breaking down out of the large Triangle it has been forming for weeks, While BTC has bounced at 30k support temporarily I expect a nice complete pull back further Buying area is: 28000 safe purchase 24000 area ultimate bottom 20 Week MA is currently near the 24k area Another strong support cluster resides near 22k

JordonH

Looks like the bottom is in, Avoided the head and shoulders holding the trend line Predicting bitcoins favorite pattern of ascending triangle

JordonH

Bitcoin continues to trade in the rising wedge Markets expect huge correction from on chain analysis Traders moving supply to exchanges and market moving into euphoria phase This is what a perfect 30% correction could look like before a bounce to continue the bullmarket

JordonH

BTC has broken back into the channel and proceeded to confirm the top of the channel with a rejection at resistance. For now we should expect the bottom and top of channel to act as resistance and support Top 23700 Bottom 21666

JordonH

Looks like the original ascending triangle may be back on the table

JordonH

Bitcoin holding the support level Unfortunately the 40 MA has moved above the current price and may begin acting as resistance. I believe Bitcoin fails to hold the support level the next expected level is near the 17000 - 17200 level This is a good buying zone and the most likely scenario If the 17k level fails to hold we are looking to fall into the previous...

JordonH

Cool as a cucumber BTC continues to ride my daily ascending triangle pattern

JordonH

Bitcoin loves triangles, Currently predicting a formation of ascending triangle for consolidation before breakout above 20k We can also almost call a double top based on how close the ATH hit to previous high 12/1: www.tradingview.com