Sherem

Sherem Updated  Feb 17, 2021

I have posted this chart before. The channel has held, the move to the upside is now happening. The XTZ/BTC cross is extremely oversold and moving to the upside. It seems the more magnets I put on, the better. So I really piled them on this time for some extra upwards movement. Targeting $10+ Cheers, -Sherem

Sherem Updated  Jan 30, 2021

I told you guys I liked funFair and wrote about it? Check it out. If we get above .03, we could go to the ATH's again. Hope you all loaded up. -Sherem

Sherem Updated  Nov 10, 2020

This channel on the XTZUSD pair is still holding. For a larger move to happen in the near term, we need this area to hold. This could ratify this larger channel pattern and would send us higher. While on the XTZ/BTC pair we can see where RSI has hit it's lower bound every time but 2 it has rebounded. I still think we are poised for a sharper move up in the near...

Sherem Updated  Oct 21, 2020

Pretty straight forward analysis of silver right now. We either hold and move up or we will go back down to this $18 zone. I lean more towards waiting on this one until it get's to that major support. Cheers, -Sherem

Sherem Updated  Oct 21, 2020

I hear a lot of paid groups are bearish on BTC, or draw a really crappy head and shoulder's pattern on BTC. Let's take the head and shoulder's pattern floating around right now. This is purely conditional IF it were to break 10k, the it's this awkward sideways type H&S pattern that would have formed and some folks would have gotten lucky. I however believe BTC is...

Sherem Updated  Oct 21, 2020

If you are following my last $ETHE idea you know that I stayed out of it because of the massive Head and Shoulder's pattern that formed. You also know that I have been laddering in from $39-$50. With an average buy price around $44. We are now in very good position. Enjoy the ride to $100 and our first target is $200 at the moment with the kind of price action we...

Sherem Updated  Oct 21, 2020

Once this final $11,600-$11,800 resistance zone is broken, the sky is the limit. Targeting $15,000-$16,000 area initially. If we REALLY get moving we could go higher even. We have a lot of fundamental momentum with companies like Square and MicroStrategy investing. Technically we have RSI sloping up, MACD as well. Massive triangle is a confirmed break....

Sherem Updated  Sep 30, 2020

I bet we go down to $40-$50 at least. -Sherem

Sherem Updated  Sep 28, 2020

On the XTZUSD chart, we are hitting this MAJOR trendline. I imagine this will hold as support and we will move higher from here. You can also see that RSI is extremely oversold which would also indicate a move off this $2 area. If we coincide this with the XTZBTC cross, we can see that RSI is also very oversold here and hitting this .618 fib line. this should...

Sherem Updated  Sep 21, 2020

While ETHE follows Ethereum, it also has it's own unique patterns and looks like more downside from shares that have been issued. From the looks of this pattern a break of this $75 level would lead us down to a $30 buy. Those who follow me on twitter know i bought this at $100 and got out at $110 area. This chart is why. With Ethereum due for a pullback as we are...

Sherem Updated  Sep 17, 2020

Eth is at a pivotal moment right now. ETH has reacted off this $400 level a lot of times in the past. We can see how it's used this level as a pivot many times going back. Currently, ETH has broken back below this line, which is inherently bearish. You could also argue that ETH is forming a head and shoulders pattern right now and we are only just now forming...

Sherem Sep 3, 2020

From my last BTC head and shoulders idea, I wrote that we would most likely see $10,000 if we were to break down. At this point that appears to be happening and my $9,500 level is in sight. What I want to update everyone on is a longer term idea that could play out over the next couple months and if it happens, don't fret. Just be prepared and have proper...

Sherem Updated  Aug 27, 2020

I am still flat on my trading account for BTC. If we break down here, a move down to the $10,000 area seems likely. RSI is weakening quite a bit. I won't go long again until we start moving up to the upper edge of this flag. It is almost worth a short here... hmm... Cheers, -Sherem

Sherem Updated  Aug 27, 2020

If we look at the XTZ/BTC chart we can see that Tezo's is forming a MASSIVE multi time frame flag on the cross. If this midterm support level in the XTZ/BTC cross does hold. We are due for a MASSIVE upside break in Tezo's. You can see in the past where Tezo's usually consolidates before a move up. We have seen a ton of coins popping off for moves. ATOM, LINK,...

Sherem Updated  Aug 13, 2020

If this continuation pattern invalidates, we have a high chance we pull back to the next support zone. While we could see a longer ascending triangle form or channel for a continuation move form. I don't know if that's a risk to take at the present moment. Use caution. -Sherem

Sherem Aug 12, 2020

If we look at the past RSI divergences and see how they played out. I would contend that from this point we are at now from a TECHNICAL perspective, there is ZERO reason to be long the Nasdaq or tech right now. We can see that every time these divergences formed we had a substantial pullback. Take a look at that purple divergence and then the light blue...

Sherem Updated  Aug 11, 2020

It appears we are in a massive ascending triangle and are about to bust up higher. pull backs have been bought up and we have been going higher. A break to the upside would most likely push ETHUSD to $500 or just under. -Sherem

Sherem Updated  Aug 2, 2020

Ethereum has been showing a LOT of strength. It's definitely getting into overextended territory in the short term, but long term it has a ways to push up. If we look at the key resistance points in the past we can see that this $400 level was really critical and acted as support AND resistance multiple times. While it's still a little too early to tell if we will...