JoshMcGruff

JoshMcGruff

I've charted out this wave cycle for $DOGE (and previously wrote an article about it), and if the cycle continues, $DOGE is ready to pump again. It came down to its bottom of 35 sats (we have seen lower in the past, stop losses are important to protect you) and bounced with some volume on lower time frames. I believe we are about to see a reversal in the...

JoshMcGruff

$TRX broke through a resistance last night with a surge on the CMF and OBV. It printed a 1D Buy Signal and MACD Crossed over. We had a 50/200 Golden cross, 100/200 EMA crossed providing even more bullish signals. Trend has totally shifted into bullish for $TRX Still has about 75% to go until it hits the high from Apr.

JoshMcGruff

$DGB broke over its downtrend resistance and now is fighting a resistance at 400. If it breaks over this we've got a 40% run to the top of the triangle. If it breaks, we drop about 4.5% to the next support. Great R/R On the 1D things looks great as we're at the bottom of the triangle which has been a long term support since Dec. 2017. On the 3 Day the Ichimoku...

JoshMcGruff

Looking at the $DOGE 3-Day chart, it has broken through its Ichimoku Cloud. The last two times it did this on rallies (highlighted with yellow ellipses) it continued to rally as shown by the 109% and 238% increases. Following the Trendline of those rallies, this would place $DOGE at a potential 230% $BTC has obviously been shaky with price action as it tried...

JoshMcGruff

$BAT is currently making a very large triangle and so far has respected these trend lines. It touched support at about 3420 before bouncing. At current prices, this will give about 50% gains to the top of the triangle. Also, the Stoch is extremely oversold and starting to curve. This is a trade I am entering with a Stop-loss below the Yellow Support...

JoshMcGruff

$DOGE is currently sitting on a long term trend support. As shown by the chart, it has broken this before to drop down into the 20's / Teens region, so a Stop-loss should be applied under the 38 Sat support marker where ever the trader is comfortable with placing it. The 1D Stoch is way oversold. If Doge breaks this support it will likely head back down to...

JoshMcGruff Updated 

$XRP is currently sitting on a support line with Bullish Divergences on the 4HR. On the 1D we are also way oversold as XRP has just been punished in this Bear Market. What's more insane to me, is the crazy amount of Shorts that have currently built up on XRP which could provide a massive short squeeze launching the price.

JoshMcGruff

$ZRX is sitting back on the current trendline and on the 1D MA 20 which has acted as a previous support. Stoch has cooled off some as well. Resistance sits at about 16800 for hard breakout and likely a new ATH via Binance. Latest Heikin-Ashi red candle shows a shadow indicating bears are losing steam.

JoshMcGruff

BNB is extremely oversold on the 1D and yesterday the Q4 Token Burn was confirmed via Binance. We've seen a shift from bearish Heikin-Ashi candles to Bullish with a spinning top and currently (while not closed) a Doji. This could indicate a trend reversal shifting back into Bullish as it also is sitting on a horizontal support.

JoshMcGruff Updated 

$BTC with its latest little run has turned the Heikin-Ashi daily green with no shadow after a spinning top. With the two touches of the unconfirmed trend-line (need 3 to confirm) we could be looking at an ascending triangle forming. If the 10/20 EMA crosses Bullish, we may have a nice run ahead of us. Last time BTC had a 10/20 EMA cross, it rallied over 40% BTC...

JoshMcGruff

With the recent $BTC rally, alts are starting to show some life again. We have an upcoming 10/20 EMA cross potentially on the 1D chart and so far strong buying pressure shown by the Heikin-Aski. Previous 10/20 crosses have shown a confirmation in strength of a rally and produced profitable results. In my opinion, it is better to wait for these confirmations...

JoshMcGruff Updated 

$BAT has performed well recently even with BTC volatility and there are often rumors of the project being listed to Coinbase with Brian Armstrong personally showing interest in the project. As we can see on the CMF, bullish pressure is starting to build again and it is currently resting on the EMA 200 on the 1HR chart. This has been tested two previous times and...

JoshMcGruff

Descending Triangles are normally associated as a bearish trend, but I'm currently seeing Bullish Divergance on the 1 hour, 2 Hour and 4 hour on the CMF and Stoch possibly indicating an upcoming reversal. The breakout on the 4HR would be above the Ichimoku Cloud at about 3650ish. This is certainly worth keeping an eye on for entry if it breaks out. If it breaks...

JoshMcGruff

It's hard not to be bullish on ETC. With the upcoming CONFIRMED listing on Coinbase (which also makes it the cheapest coin on there), Breaking over the main resistance on the VPVR, breaking into the 1D Ichimoku Resistance cloud, heavy bullish power on the CMF and almost 300% to its previous ETC/BTC ATH, I have a bag packed for the long haul.

JoshMcGruff

$Mana had a nice 4HR Bullish TK Cross back on June 1st and overall has been resistant against BTC's volatility. It appears to have come down to its current trendline and is setting up for a nice 16% gain up to the main resistance. There are a lot of bullish signals on the 4HR, but the OBV has still not turned up yet. As long as there isn't any major volatility...

JoshMcGruff

$BNB is be very resistant to the bear market providing approximately 50% gains since the beginning of the month. It has formed a nice channel trend for the moment and is approaching support where I will be entering the trade for a longer term hold. It's no secret Binance is a large player in the Crypto Space, and as long as no one knocks them off their throne, I...

JoshMcGruff

SUB has reached the same low as it did before the April 17' mini-alt rally and is showing Bullish Divergence on the CMF 1D. This also could be looked at as a double bottom for a possible reversal on the coin as well. If it breaks this support line, there will likely be up to a 50% drop before it hits the next level of support around 1900 Sats. Stop-losses should...

JoshMcGruff

$ZRX is in a large Symmetrical Triangle with decreasing Volume (considered the calm before a the storm). Symmetrical triangles can be tricky, by definition, they can pop or drop. Traders should be cautious and buy in AFTER a confirmed bullish breakout when old resistance becomes new support. EMA's are still fanning out which look great and there is a nice green...