jasonsilver

jasonsilver

Finishing 4th wave of 5 wave counts. Gap fill slight above $100 that needs to be filled, could be an ABC correction from the $100 bottom. Price target $65-80

jasonsilver

Any asset that has a euphoric rise in a short period of time always reverts to the mean. The gap up of 20% leaves a huge demand hole for future appreciation in Nvida. I believe this is a distribution topping phase right now for Nvidia where we’ll see a 40% correction over the next 6 months. First $600?

jasonsilver

Inverse head and shoulders bringing the market to an ATH. Wishful thinking, the chart hasn't ruled it out.

jasonsilver

I copied the left shoulder (yellow) then mirrored it (flipped it) it looks almost exactly the same, right before we had the dump to 33k we had a pump. That being said what if we’re dumping right now to touch the bottom of the range (opposite of what it did on the dump) then we pump out of the Inverse head and shoulders Haven't seen a single person on the internet...

jasonsilver

Cup and handle on the 30 minute, handle is trying to break out and currently testing resistance. Many Bullish divergences on the daily time.

jasonsilver

FTM is currently in the process of finalizing a inverse head and shoulders with a target of 1.71 which will bring us out of a ascending triangle with the target to 2.10

jasonsilver

As we've seen the whole market pump with euphoria in the last few weeks many charts are making reversal patterns all over. If you ignore these patterns you will soon find them play out to your disadvantage. Many of the top projects are in daily rising wedges. I expect we'll see a normal 15-20% percent correction to shake out weak hands and continue...

jasonsilver

Don't forget why you bought Bitcoin. Don't forget that these are the waves of the bull cycle and we will see 100k in the next couple of months. This is healthy and is needed for continued growth.

jasonsilver

Bitcoin needs to break to the upside out of this pennant to avoid further downside and hit 50k. If we breakdown I believe the whole market will retrace, ETH will go to 3.5k Let's hope we break up into the rising wedge again and push for new ATH with 75k next major target then 100k two weeks later. Downside could be 43k for bitcoin if 50k doesn't hold.

jasonsilver

Eth is breaking out of the rising wedge, we should see 3000 in the next couple days

jasonsilver

ETH has moved over 100% in the last month. We're currently in an ascending wedge which is a bearish pattern. To add we have negative divergence on volume and RSI. It isn't healthy to keep going up and up, we need retest 2800-3000 with fib level below being tested. I believe bitcoin will test 50k and bring down ETH to 3k within the next 7 days. Once we hit these...

jasonsilver

ETH needs to retest 3k. Hate it but it will happen, shake out the weak hands then another leg up. PT 15,000 September

jasonsilver

ETH is in a rising wedge pattern which is bearish with a negative divergence on rsi and volume, we could see it breakdown within the next couple hours. Target price is $2500. I imagine we'll see a bounce up and consolidation right below 3k. Overall bullish medium and long term.