jjaskulowski

jjaskulowski

second leg might be possible. If lots of momentum then maybe even lower leg for a second (low probability)

jjaskulowski

We are no longer in a midterm uptrend channel. We are going to fall to any of the lines of blue channel (upper, mid or lower). NEO is a leverage for BTC and if it falls it will probably fall with BTCUSD itself, too. For BTCUSD 8500 is waiting to say shake hands.

jjaskulowski

Another wave to 0.01 btc

jjaskulowski

It seems that we will have the fifth wave of our first bigger wave. It's far away from here but we might confirm the broken support afterwards and go for the fird wave in the big triangle.

jjaskulowski

The chart shows inverter bitcoin price. We should go to point D.

jjaskulowski

If a pennant pattern drags on into its 12th or 13th week, it is usually considered to have become a triangle. When dealing with a symmetrical triangle, however, it is optimal for price to break above or below the trendlines one-half to three-quarters of the way through the pattern. Read more: What are the main differences between a Symmetrical Triangle pattern...

jjaskulowski

That is bearish.

jjaskulowski

MACD is red, the trend has not been sustained. MA200 points down.

jjaskulowski

I think we will reload by touching moving average then we will hit the crossing of two supports then we will be going up but in steps big enough that you will be able to play both sides in the process.

jjaskulowski

If we dont go up out of the wedge we will continue to sell to 2680-2700

jjaskulowski

Please don't buy till we go out of the wedge.

jjaskulowski

First we'll go lower then sky's the limit.

jjaskulowski

We are in a falling wedge. Usually traders wait for breakout in the direction of the more steep side. If that happens we will try to form a double top or go higher where regression channel shows as the usual possible range.

jjaskulowski Updated 

We are in wave 3 of bull run in sub wave 4. Waves no. four should be retracing 38.8% The fibo shown is for the predicted whole wave of "BIG 3" that is why it does not math the current little retrace.

jjaskulowski

I'm bullish and waiting for entry point.

jjaskulowski

We expected that. The strongest support level showing that it's not oil crashing but returning to its real value adjusted by inflation.