jpbrown1023
Nano is forming a massive bullish pennant on its USDT chart. Pending no BTC collapse, this bad boy should fly if it breaks to the upside. With the price hitting support and a possible L3, this could be a great time to take a long position on NANO. I am entering here with a stop loss just outside support. The previous L1 and L2 had wicks that dipped $.20-.30 so a...
Take a quick look at the daily chart for IOTA/BTC. The price has been in a descending channel since August of 2020 and lost 79% of its value. But since then, the price action has shown a strong bullish reversal taking out the MA50 and is now testing resistance. If we can break out here, I could see the price jumping very quickly. The MACD has cleared the zero-line...
This fractal has repeated twice before. I like this setup. I'm long here.
BCH looks to have a bullish reversal forming on the daily. You can see the price action has been moving within this pink falling wedge since beginning of last year. BCH broke through resistance just the other day only to get pushed back under. However, the price is sitting on strong support as it rounds out that right shoulder. Unlike most alts which have had some...
Be careful here. On the logarithmic scales, BTC has retraced back beneath the all-time high trend. Failure to get back above could be catastrophic for BTC.
YFII is the fork of the hottest crypto on the market this year, YFI. As expected it came out of the gate hot, but quickly cooled off. The price has corrected 62% in just 2 days. There is serious volume going into this coin. I do not anticipate it to match that of its big brother, but the price can move quickly. And if you are vigilant and time your entry right, it...
Get on the Neo Train before it leaves the station. Strong bullish continuation since August and the price has held up this entire dump. I think the price is ready to take off! I'm long here.
Consider this long position here. But be mindful of Bitcoin because it could ruin this trade.
BTC has had some bearish price action since hitting $12,450, which is cause for concern. A key move was breaking out of the pink ascending channel to the downside. Bitcoin appears to have found support for the moment, but has a head and shoulders set up which could take us to $10,000. I will be looking for reversals around the $11,700 level to enter my short....
If this pattern repeats, this could be a great long entry. I'm long here.
MCO has broken out of its descending channel and is on its way up. Bullish price action, bullish MACD, and the price has cleared a clear resistance level. I'm long here.
Hey team! As I was charting on the different time frames, I wanted to give my thoughts on the bullish, bearish, and neutral scenarios of Bitcoin and what it could mean for the market as a whole. BULLISH SCENARIO First, let's start with the bullish scenario and point out the obvious bullish triangle in blue. Notice how I placed my support lines on the candle...
Love this buy! Hodling for the long haul!
I'm short-term bearish here. I found this fractal and it appears to be holding true for the time being. I see the divergence in the MACD as well. I think BTC might fall and catch support around $11,450 and try to retest overhead resistance. If this pattern from May continues, we may watch BTC breakdown to the bullish uptrend since $3780. I'm in USD until BTC...
I like this position Walton finds itself in. Looking at the 4-hour chart, Walton has made some nice gains the past couple days and is showing a bullish continuation as it catches support on previous resistance. I haven't committed to this trade because I think BTC is at a key level and could affect WTCBTC's price action with its volatility. But I'll be watching...
I noticed a head and shoulders pattern within the bullish BTC pennant. While everyone is FOMOing with lambos on the brain, this could be a key indicator to break from the crowd and go short. I will be shorting a breakdown of the lower support with a target price of $10,300. However, I am waiting for a confirmed breakdown of support to commit because the price...
I think BitTorrent is poised to make some very serious gains. The BTTUSDT chart has already broken out beyond resistance. With a bullish daily MACD and OBV, I'll be watching for a breakout beyond the pink trend. A long entry here could give you 4x gains if our target is hit. With BTC and the alts turning bullish, BTT might have its day here soon.
DOGE has broken out of its falling wedge after precisely hitting the .786 Fib retracement level. This looks to be a great second chance opportunity to enter if you missed the first pump. The 4-hr MACD shows a bullish cross as well. I will be looking for a high volume pump.