jakedubbz

jakedubbz

Currently at some important reversal levels from the HTF. If today closes bearish will be a solid confirmation aswell.

jakedubbz

Expecting this to continue downwards if we stay beneath this trendline. Alternatively, if we break above we have a solid range to go upwards. If the dominance goes up that probably means there is less money in other coins.

jakedubbz

If the 61.8% retracement holds up at the support, a good chance that this will continue upwards. Will be watching this stock in case this does hold. We have an interesting week next week for fundamentals / news.

jakedubbz

This one is a slow mover, it has been bullish ever since its listing. Any pullback I would expect to be sudden and fast. Overall it makes sense for this to continue going up, no point trying to guess for a reversal. The last resistance could make for a break and retest to continue going up.

jakedubbz

A fib drawn from the last high to the last low on the daily shows the 61.8 lining up with the top of the range. Unsure if 78.6% retracements work for stocks so this is a test for now. If we reach the extensions before pulling back then 61.8 is the ideal level to enter.

jakedubbz

Zoomed in look at Amazon. Currently within a range since July 2020. The previous range broke above and came back before breaking higher. Similar scenario could happen here.

jakedubbz

Engulfing candle on the previous close, any significance will be confirmed on the weekly.

jakedubbz

Taking a short here since the Weekly is at the 78.6% retracement. A head and shoulder could form after a drop over the next few days. Any price action above $57,000 will be an opportunity to take a short position. A break above the shoulder and head would change my bias.

jakedubbz

Zoomed out view of Amazon starting from 2008/09. This stock has only gone up since the financial crash. I would expect the same should there be one with the USD. Currently within a range, last time we wicked above we continued higher. Alternatively, a candle close below this range will be a clean move down.

jakedubbz

Currently at 78.6% fibonacci retracement, should this hold on the higher timeframes I would expect a downturn from here. Lower timeframes look good, Daily closes on or around the retracement around $57K is what im expecting. This could be pricing in some negative news coming in soon, around the 15th - 18th October with the US Government running out of money.

jakedubbz

Still bearish should these retracements hold up and stay underneath the Monthly Trendline. Extensions align with HTF retracements as well. The US Government running out of money on October 18 is interesting. A 3rd tap of the bullish trendline would make this growth look more consistent and natural coming into a regulated market.

jakedubbz

Expecting this to play out after that initial drops.

jakedubbz

Just focusing on current price action, pretty confident in this bias. Higher time frame analysis also aiding this bias.

jakedubbz

Following the last 2 posts, finally the daily timeframe We have had a solid close at the 78.6 retracement. Confident in sells from here

jakedubbz

Zooming into the weekly timeframe at the previous' posts fibonacci extensions. Another fib (fibception) retracement is lining up with the extensions. Should we see these levels respected on this time frame then that would be confirmation to reverse from here. Along with the uncertainty with regulations, we should expect some news to be a 'catalyst' for this...

jakedubbz

Looking at the complete history of ETH, I'm pretty confident it's had its run. Fibonacci from the ATL to the previous ATH in 2018. Extensions are now met and a wick fill has occurred. Zoom in for an in-depth analysis on the most recent PA

jakedubbz

Higher timeframes are much more imporant. If this fib setup plays out, well, it would be wild Whether its from the 61.8 or the 78.6 retracement, either one should be a point of reversal if they hold.

jakedubbz

HTF trendline held up again and saw another rejection from there now creating support on the LTF Looking at the Daily Timeframe, we would need the support to break in order to continue this momentum. We have clean traffic to the left on the Weekly Timeframe so if we break below it could be a pretty clean move down