coxjeffrey

coxjeffrey

Marked is the potential buy zone for Conflux. (CFXUSDT) Im looking at a reversal pattern in this zone. For instance: RSI divergence or simply a higher high with higher low. Im also keeping the options open of it not entering the zone but just as it did touching it.

coxjeffrey Updated 

LINK has been in a horizontal channel for over 200 days atm. If it breaks to the downside, this gives us a good short opportunity. It could find support in the range between 3.8 - 4.3 USD . However, I believe this support to be briefly broken with the result of LINK hitting the 3 USD mark which might just happen if the right market conditions are met....

coxjeffrey

This chart looks amazing based on technical analysis. A downtrend for almost 5 years with a downsloping dynamic resistance. In the right market conditions MAN could absolutly skyrocket once it succesfully breaks the triangle pattern and clears some major resistances including the ATH. Target of the triangle might be optimistic but in crypto a lot is possible. This...

coxjeffrey

Matrix AI network is an crypto AI project that has a clear downtrend line starting in 2018. We're currently back at that trendline forming a good pattern to go parabolic. If it continues to build up to the 0.07 level and succesfully breaks it, I believe we can see some massive gains. The hype about AI in general can be a contributing factor to such a move. Note;...

coxjeffrey

We are currently in wave 4, what looks to be the formation of a ZigZag (ABC). I count 4 subwaves in A, so i presume a little more downside in the coming hours (5th subwave) before starting the B wave that would bring us back about 50% of wave A. Then C wave (5 subwaves) to finish the 4th wave. After completion of the 4th wave. I look to long BTC as I believe the...

coxjeffrey Updated 

I'm not convinced of this pump, it shows some potential to go further up but i'm skepitcal. If, I follow the elliott wave principle which is quite clear at the beginning of the bear market starting with an easy to spot 1st, 2nd and 3rd wave. Afterwards things are not as clear anymore as the 4th and 5th wave are not easily identified. If we presume that the A...

coxjeffrey

NASDAQ has broken out of its bear flag currently looking to retest it. Since it's an extended weekend and with the holidays BTC will be slow going so I don't expect any sudden move, although I see BTC retesting the $18000 before we see another move down. I expect January to be a volatile month.

coxjeffrey

This a visual representation rather than a trading strategy. I've been holding on to this theory since the formation of the 3rd wave and that is why I never expected the 18k to be the bottom with also other factors influencing this. Many say this theory doesn't hold up because It is no real trading strategy but in my opinion used with one can be very good for...

coxjeffrey

This is my prediction for the crypto market with another leg down, which I believe to be the last one. Bottom between 10-12k and around half a year of poor performance while we establish a clear bottom for this bearmarket.

coxjeffrey

We are near a crucial swing high. I'll be watching price action and RSI for potential bearish indication. I honestly don't think we'll shoot through but we might see some wicks above. I'm already noticing some bearish indication on the 1h, I am waiting for more candles on the 4h because we can still go a bit higher up before reversing back down Overal still...

coxjeffrey

It's like a mirror xD One more leg down seems more likely to me, there we can hopefully create a bottom.

coxjeffrey

Hope everyone did not forget the bear flag breakout that occurred. First target was a clean hit, second one might be of some significance. It's a solid 81% drop from ATH which seems about right for a bear market.

coxjeffrey

Grain of salt please xD We are obviously in a bear market, but who knows. BTC might see a relief bounce after the summer like the one in 2019 and some altcoins could really benefit from this. Target is far fetched but we could see an attempt and maybe see new ATH on this coin before next bull run. It's not like we haven't seen that before, just look at what...

coxjeffrey

This bear market will be much more like the 2014 bear market than the one we've had in 2018. I have put similar waves in the same color for visual presentation. Small differences are the covid crash which resulted in a break of support (orange line) which we did not have in 2012 and the double top we formed instead of moving higher like we did in 2013. Another...

coxjeffrey

I just wanted to share this head and shoulders pattern formed on the link/usd pair. I'm looking into buying LINK at this target level as a long term investment. Ofcourse , I'll also be looking at btc before buying, but chainlink at a price of $4 can't be all to bad right? Even if we would go lower? Feel free to drop your target bottoms of chainlink, so that I...

coxjeffrey

If the last swing low breaks bitcoin will probably drop swiftly to the 300 week moving average around $16000, where we might get some ranging for a while again to see what will be the next move. However, we could also hold this level to start some sideway action from here. We'll see in the next few hours.

coxjeffrey

It's still very speculative as we are just reaching the resistance of 32k but I believe we are not at the bottom of the C correction wave which would be more likely around the 200 week MA. I believe BTC to go further down before having the relief rally which will start a higher timeframe ABC correction. The current ABC would then be the A wave of the higher...

coxjeffrey

This has got to be the best technical analysis you've ever seen in your life. See you at the moon or in the ditch :p