jamoooo

jamoooo Updated 

Watching the Defi space for growth. DODO has shown strength pushing above MAs and key levels. Has been rejected at trend and is currently resetting in a very likely space to accumulate, which I mark out as between 1.5-1.4. Still possible to see a deeper pull back to the price trend is there is a market pull back, but this would be seen as a buy opportunity for me,...

jamoooo Updated 

1INCH may want to cool down for a bit after the recent 100% jump. But it is worth noting it is approaching both the 50MA on the 1H, which is roughly confluent with the 20MA on the 4H, and an area of resistance turned support in the 4.5-4.7 range. It is doing this while forming a bull flag (or possible falling wedge) either way we want to see it move up above 5.4...

jamoooo Updated 

Bitcoin has been fluctuating, likely this is Market makers hunting stops. Regardless, my targets remain the same. Want to see the daily close above 60k. Then I will think about increasing my position on BTC . I got a good jump on this recent rally with my previous post but got stopped out of the trade I opened on BTC at 58k with the dive a few hours ago. The...

jamoooo Updated 

Indicators are showing slim possibility we get a brief relief rally which may cause some short term excitement in some alts. BTC is trading back in the descending channel it established 23 OCT. Will be looking for a break out of this channel and a close on the 4H above the 59500 level (60k will be resistance). Last time we broke from the channel it re-lowed to...

jamoooo Updated 

Recently been posting about the accumulation rally we will see on 1INCH. This is now underway and starting to take profits. Zones yet to be reached marked. Already closed 20% of my position

jamoooo Updated 

1INCH is showing some strength while many other alts show weakness. I've been backing it for a while now and it is currently clearing some key zones I had marked out and working its way toward the macro neckline of an inverted head and shoulders. This will be strong resistance, but may see some impulsive moves if it breaks. Note it is 100% gain to previous high,...

jamoooo Updated 

Rose did not do well to follow the pack with the BTC ATH. It showed some small effort but failed to break from the zone it has been ranging in since mid-oct. If you follow me you will know I am bullish on Rose, but again it is at this key level, I made a weekly analysis recently on Rose which identified its key weekly supports and where it needed to hold,...

jamoooo Updated 

Start by saying I am Bullish on Solana, and we can see a repeating fractal and signs of strength with the inter-day breakouts. Though what I want to note is the relative weakness of volume with this recent move toward the inter-day breakout above previous high. I want to see some strong volumes in this move up and an trend of accumulation to back it up, as we have...

jamoooo Updated 

If you missed the jump off with 1INCH this is another entry point or a chance to build position. 1INCH is in the process of forming a beautiful bull flag formation. local demand are is between 3.8-4 which is neckline of Macro Head and shoulders confirmed breakout, so now acting as strong support. Watch for 1INCH to break the upper trend and continue its bullish...

jamoooo Updated 

Mirror has shown strength breaking above key 3.2 level and holding (so far) recent breaks above this level have seen rapid selloffs once price trend is tapped. We saw this sell happen again from 3.30 and 3.33 but buyers have held the price above the 3.2 retrace so far, which has not happened with recent pumps. It is also holding this level against the BTC pull...

jamoooo Updated 

MLN is squeezing this key level (market orange on the chart) above which it has not managed to close a 4H candle since its last pump in Sept. Daily has just seen MACD cross 0 and bullish momentum. OBV is bullish and trending up. Beautiful j curve forming on the Daily toward this level. I suspect we are soon to see the 4H close above this level and we are off...

jamoooo Updated 

I'm not going to pretend I know what happens with some of these tokens, I'm not even sure what MLN is. But trawling trough charts just noticed this rhythmic pattern forming in MLN price surges. each time pumping approx 100%. I've searched for a catalyst for these pumps, trend lines, MA crosses, MACD, levels, RSI trends, stochastic, etc. Nothing gives much of a...

jamoooo Updated 

Quick post looking for supporting trends on other indexes. TOTAL marker cap OBV divergence on the 4H is ridiculously bullish. This is supported, (but less extreme) in the higher time frames (D, W) which are more reliable. but suggests lots of money recently entering the market and staying in. Hopefully this cup and handle formation holds above resistance the money...

jamoooo

Algorand suffered after a recent breakout attempt, where an old daily Dynamic support flipped to resistance and gave us a little local double top. After this those who bought the breakout no doubt have dumped it and caused it to drop to the current lower dynamic support (green) which it is currently testing. The technicals look bad. But wont be confirmed until...

jamoooo Updated 

BTC is at a key level again. If the current 4H candle closes green (62600+) we will see the above indicators break as listed in the chart. OBV will break above key level, RSI upper trend will break, MACD will bullishly Cross. All of this points toward a high probability we will push through the last few percent to ATH and test. If we close red there is still...

jamoooo

MIR is a token that has somewhat the same chart profile as ICP or SUPER. SUPER has shown strength but like ICP, MIR is sitting closer to its demand area. I don't expect the same performance from MIR as either ICP or SUPER but its set for a possible global trend break in the not to distant future, and we could grab some decent gains from it. Feels like a good...

jamoooo

Bitcoin Daily chart is the one showing greatest signs of a stall or retrace for me currently. Weekly is still overall bullish, but daily is showing volume grinding at a key level, lagging behind price. Other signals here are the MACD histogram (D) which is trading as high as it has all year and declining (though we are yet to see a typical second effort on the...

jamoooo

For all those anxious about the retrace - here are some confidence lines we might choose to follow. BTC has established a clear 4H OBV trend channel (4H is my favoured time frame for this kind of OBV analysis). For those anxious about a pull back we can use these channel trends as confidence lines. We have 2 hours left on current 4hr candle, if it closes red we...