jonnyquest

jonnyquest

One of the most underrated moving averages in crypto is the 100 WMA, which is like a secret weapon when it comes to finding trends, support and resistance, and entry and exit points. Test it out for yourself on any timeframe, and you'll see that Bitcoin and the rest of the cryptocurrency market tends to follow the trends that the WMA plots out. This being said,...

jonnyquest

One of the most important moving averages in crypto is the 100 WMA. Try it for yourself and see that it acts as a fantastic moving average for support and resistance, as well as buy and sell signals. Yesterday we broke this pivotal MA, and history shows that usually spells bad news. I’d stay on the sidelines for now until we can get a better picture of where local...

jonnyquest

I came across a very interesting theory that I've been researching and charting. Created by Philip Swift, The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days. It uses the 111-day moving average (111DMA) and a newly created multiple of the 350-day moving average, the 350DMA x 2. For the past...

jonnyquest

Hi guys, We’ve seen a pretty remarkable bull full this past few months and I believe BTC needs to cool off. A head and shoulders is likely forming on the D1 and we can expect a further pullback, possibly around the 9.7K area at the CME Gap. After that, I expect a fast and violent rebound up ton fresh new 2020 highs by end of year. Cheers!

jonnyquest

BTC has been consolidating for a couple weeks now, and the past 2 days have been a good indication on the direction we may be heading in the near future. We see that BTC has broken out of the Ichimoku Cloud and has also broken the RSI trend line. I expect to see a bullish continuation up to around 9800 as the next target. Good luck and don’t hesitate to share...

jonnyquest

Looking at BTCUSDT we can see the bullish momentum has started to fade, as the weekly close below the ichimoku cloud should spell trouble in the coming weeks. We’ll see what happens but I foresee bearish action in the immediate future!! Keep your stops tight and dabble in a short or two if you’re feeling sexy. Good luck

jonnyquest

Looking at the chart, a few big support zones have already been broken. At present we are sitting in the Golden Pocket, Which is around the 23 fibo area. If broken, which i can see happening in short-term, potential further retrace to around the 6k area, which bottom could occur. Then we hit the next parabolic phase into next years halvening and resumed bull...

jonnyquest

We have just hit the MA 200 cross on the 1HR and it fell substantially. We are heading right into the fire of the abyss when the daily MA death cross happens. Should be late this week. Buckle up and get your shorts in now. Love you

jonnyquest

After watching the market these past few years, one thing I have learned is that you stick to trading the TREND. The trend doesn't lie and usually gives you a clear indication of the next phase in price action and direction. The Oscillator I have has shown that we saw 4 waves up since the start of the run in april, and now we are entering the 4th phase down which...

jonnyquest

Recently following interesting pattern development in BTC, it has followed a similar path 3 times before, and now suggeststs that we will see a rejection of the trend, moving downward and following the channel that its been riding. first stop indicated, if that breaks we could see 9k in a few weeks. Still bullish long-term but love to spot some interesting trends! Cheers

jonnyquest

Bitcoin has been doing remarkable well the past week, but now we see the confluence of the channel it's in and the resistance it's facing. The algo strategy that's being used is over 92% accurate and it's given a short signal on all time frames. I see some retrace down to the blue line (support channel bottom) and once it breaks out, we should see some significant...

jonnyquest Updated 

Quite simple (not really) BTCUSD is about to break out of major resistance levels from July of last year. Once broken heavy support should carry her off to greener pastures. Around 6k in ~28 days/4 weeks. You're welcome. Stay the Course.

jonnyquest Updated 

We are seeing a massive buy signal in the 1D chart for BTC, as well as ETH. Both are nearing a golden cross as well as multiple MA crosses that signal a bull run. Hold on to your butts. Time to fly

jonnyquest

Multiple moving averages and a beautiful Golden Cross to signal very strong bullish movement in the near future. Target is 223 in about 3 week or so. Look for entry soon, as I see $150 about the lowest it'll go. You heard it here first. Ride the wave

jonnyquest

I have been tracking $TRX/BTC for a few months now, due to its fantastic price action and volume. We have been in a downtrend for longer than a month, the market is looking very bullish and Tron is gearing up for a breakout. The charts speak for themselves. Good luck!

jonnyquest

We can see a potential double top forming on the H4 Chart for ETH/USD. I have plotted some entry and profit/stop loss points if you want to make some quick $ with technical trading. Overall Chart Trend: Bullish Chart Pattern Outlook: Bearish Expect a small pullback on the lines indicated followed by a larger pattern upward in the long term. Let me know if you...

jonnyquest

Hi guys, Recently been following closely on the BTC chart, and it looks as if bulls are starting to take back control. I see the bottom touch of the triangle a catalyst for a big move up if we break out.

jonnyquest

Here are the comparisons between the charts of BTC and the NASDAQ Composite. Over time the charts look eerily similar to starting initial trend and following developments. If you think this is then end for BTC, think again. The future will be televised. Any additional thoughts, comments let me know! Just speculation. Don't panic, hold onto your butts.