Jonadam

Jonadam Dec 26, 2022

The best the bulls can hope for (in my opinion of course) albeit from an ascending channel or broadening wedge formation is 19.2 to 19.5k - every attempt to break previous highs have been thwarted by the retracement GP, and this (IMO) is set to continue.

Jonadam Nov 6, 2022

MATIC (to my surprise) showed little to no respect for the $ mark during the most recent move to the upside. I genuinely believed a short play was on offer at its approach, but it carried on regardless. Anyway - Matic now looking as if at least a retest of the $ area is on the cards! As you can see from my chart this makes technical sense when the rejection point...

Jonadam Oct 23, 2022

The DXY is back at the famous ascending resistance line of where it has religiously since 2004 has never quite been able to conquer, but convincingly pulled back. Bearish divergences on the monthly definitely suggest any further upside is on borrowed time. This could take a month or so to play out, but any lateral price action here is just enough for BTC to start...

Jonadam Oct 23, 2022

LUNAC looking as if it's getting ready to do some serious damage to the upside - daily chart is looking extremely bullish!!

Jonadam Oct 21, 2022

Please find me chart attached - if GBP can hold this critical level at 0.5 fibs until the announcement of the new PM on the 28th, we could be in for an upside rally if previous on the announcement of Truss stepping down from the box is anything to go by. Watch this space

Jonadam Oct 11, 2022

Please feel free to share your thoughts with me on the chart - as you can see BTC has currently lost key support at 19.1k and some change. The reason I believe the fourth phase has the potential to change everything, is that each time PA has tested key support (116 days and counting) it has either been off the back of a bullish pattern - see below. Phase two...

Jonadam Feb 2, 2022

Continuing with my yesterdays charts - further downside is on the cards, and will remain so until we see some buyer conviction from the bulls. Higher timeframe indicators are still pointing towards the downside with no visible reversal. The trend is your friend

Jonadam Feb 2, 2022

Pressure is mounting for BTC to get a close above 40k! Failure to do so by the end of this week results in downside price action - 28k for the lower low, and failure to find support would see price re-visit 20k.

Jonadam Feb 1, 2022

Is BTC set to pull back further, before we see the next upside installment and possibly to new ATHs? Since 2015 BTC has only once before (on the weekly TF) printed a DB on the Ehlers at the almost same time of being over-sold on the cluster algorithm - following this BTC pulled back 50% before it printed its next over-bought on the cluster. BTC is once again...