mjones8204

mjones8204

1. Coming up on a historic level of support and resistance at 464 range. Breaking that, ascending line of support could be broken, resulting in a deeper retrace. End of the ABC correction? Which at this junction would then be the beginning of the new wave 1.

mjones8204

got burned twice by $ZIL in the past 24 hours. Looking at a 30 minute charts, the 976 level of support has been breached. given the steep decline so far, it's a good assumption this will test the 946 range. Would love to see a solid bounce above the 976 and retest the descending triangle. RSI and KDJ both indicate oversold. Expecting a bounce at 946, which...

mjones8204

Been in channel all day, and this extra dip was just enough. Volume is slowly picking up. 476 has been a great area of support. There has been a retest of 510 twice in the past 6 days. First level to test is 487. If that is cleared then 493, and then 510. Main thing to point out is the retrace from the last 410 test is much smaller than either of the...

mjones8204

I love these kinds of charts, ones that follow patterns. For the last two pumps, the pump has happened on the 13th day after a series of sideways action. If the trend follows, slow growth from it's current position and in 13 days (11 is the shortest and 17 is the longest) there will be a sat gain. Overall, a 397 sat gain in 35 days, or a 67% profit if you rode...

mjones8204

$NCASH is at a pivotal point. Needs to stay above 668 to keep continue the upward trend. A break of this could bring it back down to the 445-465 range.

mjones8204

60% retrace since the recent ATH on binance. Very strong coin and going into uncharted territory. If the current line holds, There should be a bounce at the today at the 1055-1065 range and then another climb.

mjones8204

$TRX is in two ascending triangles. If $TRX falls below the 600 sat line of support then it could go to 580 and ride the next line of support. Mainnet release soon, and still at a fairly cheap price. Prior to the testnet launch $TRX went 344 sats before retracing 228 sats. Currently 173 sats up from the last drop after the testnet release. Mainnet release set...

mjones8204

as $FUN climbs, these will be the resistance and support. Right now knocking on 545 with support at 495. Once 545 is broke, next point will be 600. I believe this will be broken and go up to 684 before being knocked back down into the 600-684 channel. But this is a good illustration of what to expect using past history. I got into fun at 430 and 490. If $FUN...

mjones8204

Currently on a support line of about 6349 that has been both support and resistance. Coming up on a the support line for the ascending triangle. If the 6200 line is broken, the next level of support is 5845. However, $BLZ had such a good drive, I do not see it breaking the 6249 line.

mjones8204

If this 5th wave drops below 527 it nullifies the wave and retrace begins....

mjones8204

$CHAT is entering a crucial resistance of 1183. Both a fib of 0.382 and a previous price increase that ultimately failed and led to a deeper retrace. Currently following an ascending triangle beautifully. The pinch will be 19-20 April. There was one break of the ascending triangle on 16-17 April and $CHAT recovered nicely to go on a 111 sat or 10.43% run. ...

mjones8204

Can't believe I had missed this one. Each good pump is every 3-4 days with smaller ones here and there. Looking over the whitepaper, and other information, this looks like a very good working product with the possibility of millions of users. And it's cheap right now considering it came into Binance at 48,000 sats.

mjones8204

$XRP #RIPPLE Can't believe I had over 4k of $XRP at one point and sold too early. But glad I didn't buy high on this one. So far there has been a 60+% retracement. The support that $XRP is currently on looks weak, having only been on this support previously a few times. There is a little cupping up action, but it hasn't rallied like the rest of the ALTS. ...

mjones8204

$ZIL is currently in a wicked good accumulation channel. As long as we don't close below 565 the support will be maintained. Accumulating to begin another solid wave. Good alt to hodl for their mainnet launch in September 2018, especially at this price.

mjones8204

I don't think it can get more technically perfect than this. Sideways action where the low is continuously becoming higher while the high is saying constant. Ascending triangle much? Next few days should see a very nice break of $ADA. Been waiting for this for almost two week.

mjones8204

$ADA Very confident to say $ADA has turned bullish. Too bad I bought in blindly following somebody else's TA (idiot). Following a strong line of support, breaking past every descending triangle and now forming an ascending triangle moving towards 2400 by 7 April. Wave 1 was very successful after $ADA found it's bottom. Even with this latest $BTC dip $ADA was...

mjones8204

$WTC is still bearish. Support line is still slanted down however there have been some wicked long green candles recently. IF the wicks can stay above the 1400 we may see a reversal. However next level of historical support is 12500 region - sucks. I'm ready for $WTC to bottom out and start the climb back.

mjones8204

$FUN Nothing on this chart supports a warm and fuzzy feeling that $FUN is about to go bullish. Sideways action with a 438 average. Much less volume since the end of March. Deepest red wicks are slowly retreating. Ascending triangle is forming. Last time it failed. Very neutral since the last triangle did fail, and the price action has been very limited. ...