jimo79

jimo79 Updated 

This crash appears to be following a similar template to the previous one back in December. Each daily candle is closely resembling the theme of each day in December. Which means that with today's bull turn upwards it matches the false breakout in December which led to three days of decline to retest the previous low and complete a double bottom before then...

jimo79 Updated 

Typically (not always) there is a big drop at the end of the 4H cycle on the Stochastic RSI. We are now at that point. The only difference between the last few is the MACD is oversold and rising, so there might not be as big a fall or any at all and we may remain in this sideways pattern. For now better to play it safe and place stops or wait it out in cash.

jimo79 Updated 

If we break lower we should retest the earlier low for a double bottom? If resistance holds watch for a break above the wedge to confirm bullish uptrend.

jimo79 Updated 

Bitcoin looks to be completing mirror pattern almost identically

jimo79

Take a look at the same pattern almost identical. So the next few days we might expect some sideways consolidation and another lower dip before a bull run beginning soon thereafter

jimo79 Updated 

The Stoch RSI dips on the daily chart indicate if we are going down further then its probably still a week away

jimo79 Updated 

The daily ETH to ETC chart looks massively bullish for ETC on the MACD and RSI indicators

jimo79 Updated 

Going to be interesting to see where this one lands. If it breaks the main channel resistance we are going to 11000s and maybe 8000s. We may see a bounce off the resistance channel and the bull is back in play if it breaks above the wedge channel.

jimo79 Updated 

Watch closely to see which way bitcoin moves in the coming few hours. Critical junction whether bitcoin continues along the channel formed on the daily chart or drops and closes below the channel indicating confirmation of the head and shoulders bearish move.

jimo79

Bitcoin on the hourly chart indicates a bullish reversal rather than a drop to lower lows.