jamoooo

jamoooo Updated 

Taking another look at 1INCH after my recent post about the inv' head and shoulder pattern developing within a strong ranging 140+ day accumulation area, with very positive prospects of explosive upside if the 3.82 neckline is broken. Recently 1INCH broke the global trend with a strong bullish candle before seeing a strong sell off back down to the 3.0 range. The...

jamoooo

Uniswap is on my watch list. MA 10,20,50 converging in a bullish cross, historically this has preceded a strong rise. Volumes ok, looking for a strong up. MACD trending bullishly above 0, slight divergence on histogram but momentum is positive. under resistance currently and pressing global trend. Have alert set for trend break with entry on retest and target...

jamoooo

Quick 1H chart analysis. BTC has been ranging sideways between the green trends marked above. indicators are showing swing in momentum back toward the upside. RSI is peaking above trend, 1H close will suggest a break up, RSI making higher lows, MACD positive divergence on lower time frames and swinging toward the 0 in the 1H promising to cross. Expecting a break...

jamoooo Updated 

Daily candle close triggered a TV alert for me on the BTC .D with daily closing above the first marked area of resistance on the BTC dominance chart. Noting also the double top on RSI , perhaps time to see a bit of a slow down of BTC for a moment of consolidation, hoping we resist any significant pull back and hold above both this resistance and the 60k. Watching...

jamoooo Updated 

I have been hopeful of Roses bullish trajectory (and not quitting on this possibility yet), but from the weekly we can see that Rose is again at a key level, while consolidating in a similar triangle. Sellers have been strong and BTC dominance rising. If we see this weekly candle close below 0.17 there may be a possible short sell down to 0.12 Indicators are...

jamoooo Updated 

Put 1INCH on your watch list if you haven't already. 142d accumulation beneath key level. Defi token forming an inverted head and shoulders, OBV on the daily is clearly bullish and already trending above key level, signalling a strong accumulation. MACD is healthy. RSI recently broke local trend - will be looking for it to reset above the 50 to confirm bullish...

jamoooo

Quick post to identify the OBV break circled in the chart, and an update to my last BTC weekly analysis. We still have two days until this weekly candle closes IF this candle closes green, the OBV trend will confirm the break the key level identified in the chart for the first time ever. OBV ATH! This or me is a very strong indicator of buying strength and further...

jamoooo

Bitcoin is currently breaking out of the top trend of the macro OBV channel it has been trading in since late June. September 25 I posted about bitcoin breaking out of the local declining OBV distribution channel and a possible rise in price of 25-50% to follow, replaying both the OBV trend break and rise that occurred in July (both circled on chart). This...

jamoooo Updated 

Rose has broken local trend and is fast approaching intersection of two key levels, strong resistance but will gain if broken. Wait for confirmation **Caution with BTC

jamoooo

Pulling back to analyse the weekly on BTC. We see an ascending triangle continuation pattern (if it breaks to the bottom a possible sideways channel) Top of the triangle is a strong confluence of weekly opens. See Volumes dropping throughout consolidation. RSI over the longer term has set a hidden bullish divergence continuation pattern. MACD has set a hidden...

jamoooo Updated 

Bitcoin has been making bullish moves, and I have been looking for signs of a pullback and when it might happen. Buyers have broken the global trend and are trying to hold that level, but it feels like now would be a healthly time for a pull back or consolidation. We have appox 2 hours left on this 4H candle and if it finishes red, depending on what volumes we see...

jamoooo

A few days ago I posted about an SLP swing trade, yesterday we saw SLP make a breakout. Time for a health report on the 4H. Positives: OBV is above key level and trending positively OBV Bullish divergence in the last 24hrs RSI hidden Bullish divergence signaling a continuation of up RSI on trend and resetting above 50 Price is retesting and resetting on...

jamoooo Updated 

Smooth love potion has been in a 6 week decline, but volumes in the past week have begun to increase with investors paying attention to it, which is the first sign of potential swing trade. Now looking for further signs of confirmation Positives: It appears to have found a local demand level around 0.06, has bottomed on this zone a few times Price trend has...

jamoooo Updated 

I made a brief post yesterday about BTC RSI resetting on the 50 and getting a possible bounce form there, much like we got on September 17 (circled in chart). This bounce has fortuitously happened and we are now looking at situation that looks a lot like the push up before a significant drop on Sept 18. In the same way RSI is currently testing the top trend,...

jamoooo Updated 

Rose has been highly volatile, moving up and down 15% at a time with BTC movements. I was lucky enough to be holding some I purchased long term at the current demand zone when it ran recently. As you can see it tapped and tried to break global trend and wicked up to previous price support at 0.23 on the 4hr. These will be the two key points to break: Global...

jamoooo Updated 

I have been following ALGO closely, its shown very positive signs and next move could be big. Last trade I set a modest price target just below global trend which it reached. Now it is pushing up on global trend which will also be a likely bullflag breakout. Which should attract a lot of attention Look for break and retest above global trend and previous daily...

jamoooo Updated 

I was in the process of writing about why Matic was lagging the field when it started to shift on all the key points it was yet to satisfy for me. As of now looking very healthy, will be watching the pull back which is likely from the global trend and key resistance (previous daily demand area) at 1.2 Watching for it to break that global trend. Currently very...

jamoooo Updated 

27 Sept I flagged the possible OBV breakout of bitcoin from the current distribution channel and phase, into another phase of accumulation. In that post I sign posted similarities with the previous break in July. For those fearing the legitimacy of this breakout (short squeeze etc) I just want to point to the 3hrs on July 26, as breakout of distribution was...