drjimbeam

drjimbeam Updated 

I know all our feeds are bearish, head and shoulders everywhere but IMO we don't need to get bearish till we start closing below this 3D breaker.

drjimbeam Updated 

Much like blue chip NFTs, APE is still forming an accumulation base. Eyeing $6.4ish region as a short term target. If we get PA mimicking the squiggly, looking to trade it over the coming months till May. Mid-term target at ~$17.5-18.5, FVG from initial drop in '21 and coincides with the 0.618 Fib retracement.

drjimbeam Updated 

As stated in caption, recent highs at ~$26 have been cleared and we are still consolidating under resistance after market structure break (MSB) on FTX collapse news. If we regain it, aiming for $30 which is the weekly orderblock. Looking for PA similar to squiggly as long as BTC retains bullish market structure. Cheers.

drjimbeam Updated 

One of the few alts that are still accumulating ~261 days. Yellow box is weekly breaker and Red box above is the last daily up candle that preceded the down-move which means lots of trapped buyers there willing to break even on their positions. Equal highs at ~$4.4 and November high at ~$4.377 should serve as first areas of resistance.

drjimbeam Updated 

Let's see how this one plays out, been a while I published a chart. Entered on the lower term timeframe 1m chart. Target based on thin move we had post-Merge. Looking to fill out some of the inefficiency.

drjimbeam Updated 

Spinning top candle on the M30 with good volume, trying a scalp short. 2:1 RR. Let's get this bread.

drjimbeam Updated 

Let's see if this plays out. Trade setup as show, will update once bids are filled. Supply/ demand. Bounced from strong support ~$26 now looking to sell near next big resistance at ~32.

drjimbeam Updated 

A fun fractal with bar patterns from 2015 overlay on current price action. 200D MA in red with projected path and downtrend break in middle of 2023. Time to average in. Cheers.

drjimbeam

A synthetic KSM vs ETH chart using Binance price data. ETH has the EIP-1559 catalyst coming up, an overcrowded trade in my opinion while all has been quiet in Kusuma-land since the parachain auctions. Building a position here for the coming month. Hoping the hidden bullish divergence on the 1D chart plays out and we break out of the ‘falling wedge’ pattern...

drjimbeam Updated 

Gap on lower timeframe on the CME chart.

drjimbeam

Juicy W forming on the 4H. Taking profit at 10300-10500. Some good news after a few bloody days. Now to recovering those lost gains.

drjimbeam Updated 

Head and shoulders pattern complete, long term trendline has been broken. Might see one last run up to test the trend-line and then we dump all the way to where we began. Too many defi exit scams right now, I am unstaking my coins and will keep updating. Trying to lock in as much profit I can before it bursts.

drjimbeam Updated 

First we will inch along the bottom channel till the CME gap ~9700 Sats. Market sentiment is insanely bullish and people will be fomo'ing in as its being marketed as the 'last chance' to grab bitcoin under 10K, we are going to the Moon etc. Dumb money comes pouring in, opening long positions on high leverage with targets at recent highs of 12200+, 13800 etc. Smart...

drjimbeam Updated 

BTS looks ready for another big run. Target at ~630-650 Sats. We have broken down out of the channel, we could be heading straight down, double bottom and then reach our target or you could see this as a wedge and we head straight for our target zone or re-enter channel, bounce around a bit. If BTC tanks, we are going down. In the immediate short-term, I think BTC...

drjimbeam Updated 

Should see a recovery in the next few days. Don't get shaken out.

drjimbeam Updated 

You may buy the break-out/ retest. Target ≤5300 sats. I have already built a position in this trade.

drjimbeam Updated 

Massive 'W' staring in our face. Currently in a bullish pennant. Target is at 420000 Sats aligning with past resistance.

drjimbeam

Inverse head and shoulders is ready with target of $18000. Fairly certain we are touching $13000 all the way up to 13800 in this week. Will probably go back to 11800 soon after followed by a slow rise and next target at $146xx. Am I going to short at 13x00? No. A 10-14% short in an uptrend? On Bitcoin? Yeah, no. A good midcap trade setup will give you a higher...