JDCryptoATX

JDCryptoATX

Personal Testing

JDCryptoATX

Looking at the SP:SPX 1-month chart, I’m seeing some strong indications pointing at SPX being at the top of a potentially violent crash. Evidence For – Indicators that Support SPX Being at the Beginning of Crash: MACD Support Trendline: Broken with Some Distance – In the previous two crashes, the beginning of the crashes coincided with the MACD support...

JDCryptoATX Updated 

Not a pro trader, not advice. Looking at BTC on the 4hr bitfinex chart, I think we’ll likely see some downward movement in the short term. Since August 21st, we’ve seen 5 failed attempts to breakthrough the range in the orange rectangle. Additionally, the 200 SMA is converging on this area creating addition resistance in this area. Should we break downward,...

JDCryptoATX Updated 

Looking at the 4hr chart for BTC, I’m thinking it will move to 1 of 2 positions in the short term. I’m not betting on either option, but I think confirmation on these moves would make for good points to make moves. Option 1: Move down to test previous LL of around $5750 (Purple Arrows) - 70% A. Failed break lower - likely to quickly move...