jamesasb

jamesasb Updated 

if we can get past the weekly log resistance, we should complete the 3 drives and rally to 10.5k area

jamesasb

basically im looking for the price to get above the weekly ichimoku cloud and stay there to confirm we are not correcting, in this case it might indicate a buy, if we break down from here 280 might bea good entry but must see what structure forms

jamesasb

feels like the last attempt on 6k saw an ath shorts and they got horribly squeezed again,smart money bought them out at yet another time at 6k, probably we go up on this curved support to something like $85k. Any new low under 6k i think will be quickly bought up. The bear is done i believe

jamesasb

so the figures for cenkos look pretty good, i think its just finishing up a deep wave 2 and has found supportat the 0.786. looking for £2-2.2 in the next 2-3 years very good risk reward.

jamesasb Updated 

current state, make sure inverse H+S validates before trading it

jamesasb Updated 

We had a breakdown of market structure ( the big triangle) which had lead us below the mean trend of bitcoin, i believe we are in despair since we are putting in new lows for the year.. Despair is necessary for us to conclude the bubble we had. I have no idea yet where the rally will take us but we should see a decent bounce at least and a substantial upwards...

jamesasb Updated 

this chart is pretty self explanitory

jamesasb Updated 

I think I will be going long on iota when we get the EMA cross, its been downtrending since forever and like ethereum its sat on very hard support right now

jamesasb Updated 

ETH made ATH much later than bitcoin, it looks like we have finished the bubble cycle and eth is sat on rock hard supports. maybe look to get in on confirmation of the breakout. for those of you that think eth is dying, bitcoin went from 19.5k to 6k,its like 70% crash,eth went from $1400 to $365 so its 74%crash... not that different really, and the btc daily RSI...