jamiecassels

jamiecassels Jan 16, 2023

The RSI is breaking down here looks like lower prices ahead but probably a dip to buy, in time.

jamiecassels Mar 11, 2021

This trend looks tired but RSI, MACD and price all in uptrends so it's not time to fight this thing. 61K is the next Fib extension and worthy target, although I wouldn't rule out a pop to the next one at ~66k. I'm looking for quick gains and re-assessing the situation instead of going for lengthy targets. GL

jamiecassels Feb 12, 2021

ADX shows the trend is dead and looking at price compared to the moving averages it looks like compression is finally over and expansion is in order. MACD is giving us the green light so lets ride the trend expansion higher.

jamiecassels Jan 13, 2020

It looks like Silver has switched to a sell a few days ago and we really haven't seen much downside action since. However, the price support line looks like it's going to be violate with the RSI losing 50 and turning into resistance. GL

jamiecassels Nov 24, 2019

I'm sensing a lot of people throwing in the towel on the bull run. The market tends to burn the crowds so I think they will suppress prices for a bit to rope in as many shorts as possible then pump it while everyone is too afraid to buy. Funding shows that the bulls have become more tired each time price ascended since this summer, yet we've really not seen a...

jamiecassels Sep 6, 2019

Intraday looks sketchy since we are hanging around the lows. Looking at the daily chart the 100MA has supported this rally thus far but looks to be in trouble if the rally stops here. No confirmations it has yet but with price, RSI and MACD all trending lower a pierce of the 100MA could take us much lower. The last couple of days have seen precious metals and...

jamiecassels Aug 15, 2019

Price The GBP/JPY pair was trending downwards before an announcement came out that US was halting tariffs. The pair has since reversed higher, and I think it's a good opportunity to get short. I'm not bearish on the GBP, but the market clearly is, so I'm going to look for opportunities like this to short. I'm not sure about this target, I'll probably be using...

jamiecassels Aug 11, 2019

Not a fan of this basing price action over the last few hours after the downturn yesterday. Judging by the price action and the RSI that looks like it just hit resistance, I think one more leg down is in order. I may take profits anywhere after the first horizontal line depending on how price moves but I think the 2nd line is in order at least. GL

jamiecassels Jul 27, 2019

FRIENDS I'm gonna catch a lot of junk for this but I'm going to float an idea for you. Time to abandon ship. I love crypto. You can see my charts going back years, but it's time to get out. There are two main reasons. 1. There are a lot of think tanks articulating a working international gold standard. It's coming. It has to. We can't survive on this...

jamiecassels Jul 25, 2019

If all the world's currencies were dirty laundry, the USD would be the cleanest.. ? Fundamentals make is seem safer than the rest of the world. Technically, looking at the dollar over the last few years it has really lost all volatility and is likely going to make a big move soon. Zooming in to the 4HR chart we see that we have broke out of consolidation to the...

jamiecassels Jul 25, 2019

I'm kinda turning bearish on BTC so I'm favoring short setups. RSI couldn't break 50, MACD in bear territory and StochRSI reversing from overbought areas. Price looks thin til about 9200 so I'm taking this setup with a stop above local highs. GL

jamiecassels Jul 17, 2019

A little early on the entry again but looking for dollar strength and I like the set up. RSI and MACD are already on buy signal price isn't confirmed on the dailies but intraday charts are already flashing buy signals so I'm going in.

jamiecassels Updated  Jul 15, 2019

Short term sellers are in control, this looks like a little consolidation before another drop to me. RSI, MACD in bear territory and price appears to be flagging before another leg down.

jamiecassels Jul 14, 2019

Long-term, the USD looks to outperform the EUR so we should talk any pops as a great short entry. Significant resistance lies above and I could understand waiting to get there before shorting but I'm not so sure we'll get there. Instead we'll put a stop loss above local highs and jump ahead of the official short signal, which hopefully comes soon.

jamiecassels Updated  Jul 12, 2019

BTC doesn't look so hot right now so looking at LTC we are at a decent support level with some nice wicks the last couple days (today's candle won't close for 4 more hours). RSI is just about oversold (with positive divergence) and MACD is in the dirt so seems like a good spot to take a shot.

jamiecassels Jun 21, 2019

Title says it all. I can't see this being anything close to a top as long as sentiment stays bearish. Probably wise to hold until this wedge breaks up and bullish sentiment is out of control because we were in a period not long ago of extreme bearish sentiment. I think it's a blessing people are shorting this rally, just hold.

jamiecassels May 31, 2019

Too many people are buying this dip, we have to go lower. Trend is still up, but we going down.

jamiecassels May 30, 2019

Seems to work well so far. The trend is up so when price drops and the crowd becomes skeptical whales pump it leaving everyone in the dust. They may dump a little further to get sentiment as bearish as possible but they haven't been able to contain this thing since the new bull market so flat sentiment may be the best we get.