jmayer154

jmayer154

Based on this simplistic analysis, post halving we appear to following a similar fractal. Will it start its next leg up in the next week or two?? Thoughts?

jmayer154

There is a lot of hype right now because of the nice uptrend. Just as a friendly reminder that as BTC worked its way up it had 20% pullbacks. Why wouldn't it happen again? Don't buy the tops. Wait for the pullback at 21.5% at $35100 and support at $31900 region. Big range but not atypical for BTC.

jmayer154

Can Cosmos break out of this flag and extend this uptrend or will it be held back in these bear market times?

jmayer154 Updated 

Elrond has not been able to successfully close above this trend line since Nov 2021. Yes, the entire crypto market is on a downward trend but this is a great sell point if trading this coin. I definitely wouldn't buy as it comes close to the trendline. Until the market changes, play to the trend. It does have strong short-term support at around $48.50, but...

jmayer154

If I were to agree that BTC will end this cycle around 100k. This is how I think it will transpire. Hope all goes well. Happy Trading!!

jmayer154

BTC is hanging in the .5 and .618 fib. Are we in an ABC correction? If we break the .618 down through the .786 then yes we will continue down. I want BTC to be LONG but have to be prepared for the correction. Thoughts?? Best wishes and Happy Trading

jmayer154

Everyone is talking about the next breakout, but when will it happen?? IMO if BTC can breakout from the $51,500 and $52,800 range it will break out like last time. BTC is coming out of an inverse head and shoulders. If it continues and holds strong through the 51k - 53k range let's look for a nice uptrend. Any other thoughts are greatly appreciated or...

jmayer154

Dash has had great upward movement and will be a great coin in the future. In the hear and now, I am worried there will be a strong retracement. It has a long history of retracing back to its lowest point before its previous peak. If it cannot break the resistance of $291.47 with follow thru. If it falls and breaks the support (previous resistance) of $211.32...

jmayer154

NANO has been making nice moves but will it break out? If it breaks the $5.541 with a full daily candle, time to double up to its next area of resistance at $10+. Best wishes and happy trading!!

jmayer154

I've had this plotted technically on the last uptrend and forgot to publish. Ultimately, it will need to break through the resistance between $.44 - $.50. If so, it could continue to push up towards the subsequent resistant levels as indicated. Best wishes and happy trading!!

jmayer154

This is purely technical analysis. With the alt season coming who knows what will really happen. If history repeats itself it may form another cup and handle before its push upwards. Best wishes and happy trading!!

jmayer154 Updated 

NEO is struggling to break the supply zone of $24.38 - $27.11, but when it does...let's go. Please give your thoughts on the charts. This is purely technical and I will be working on bringing more fundamental information in future posts. Best wishes and happy trading.

jmayer154

This is a very simplistic analysis of a cup and wave indicating a potential of returning to ATH in the $20's. Nothing more than a technical view or complicated on the daily chart. Any other thougths? Best wishes and happy trading.

jmayer154

This is my first post in an effort to get feedback on my analysis. I've liked LTC for its consistency. I've had this plotted with the wave prior to the current uptrend and it seems to be following fairly well. There appears to be some resistance between $151.10 and $161.01. I believe when it breaks the 4 hour and daily with a full candle, it will continue...