mjones8204

mjones8204

$BLZ couldn't start wave 1 with $BTC dropping and retraced to 4065 before bouncing back. Fighting the 4236 resistance line which has been both support and resistance since march. Needs a 4 hour green candle to open and close above 4235 to confidently say wave 1 has started. Based on past resistance and support, this is where I see the tops and bottoms being, as...

mjones8204

$OST is actually still bearish, in my opinion. Closing over 2100 on 4-5 April will determine if the bulls have returned. Currently on it's fourth 4 hour green candle - last time this happened we went to 2500. If the pinch turns bullish, $OST will finally return bullish, where it should be. Great project, continues to add businesses and improve on their...

mjones8204

$LEND in reality I see lend continuing to retrace towards the .618 fib level of 578. There have been 5 wicks hit or go past the fib line since 1 April. Candles are getting smaller and forming a descending triangle. 5 April will be a deciding day - retrace to 550 or their will be a successful pinch of the triangle and this will start wave 1. If we close over...

mjones8204

$ZIL completed wave 3 even while $BTC was dropping, which to me would confirm that this was a wave 3 since it was long, had some correction but completed much higher than wave 1. $ZIL is currently in a wave 4 reset before starting wave 5. We achieved a drop to 601 today - very low 600 was wicked support to previously continue wave 3 - expecting this to bounce to...

mjones8204

yikes. $TRX may be making another big move to 620 range soon if you follow this steep line of support. Even with todays $BTC dip, the retrace wasn't all the much. The Bulls are in charge of $TRX right now as we approach the main events. Jumping on board and buying some more.

mjones8204

$BLZ recovered and stayed right along the 3881 fib line before jumping up over 300 sats. Green 30 minute candles so far, a great bull run. Starting to rest on the 4122 support line. The climb is starting to curve over, signaling the beginning of the retrace to 4001. Over the past few days, averaging each run, $BLZ has gone 348 sats, which we have already come...

mjones8204

If we follow Elliot Wave impulse theory, and we are retracing wave 2, this wave would have bottomed out at 8212. We are at 7950. Yikes. 7250 is the next fib support however we found hard support on wave 1 on the 7800 line. This may be enough, but it's been a fast downward spiral. If volume picks up then this may become the new support. Previously, a sub 300m...

mjones8204

$LEND on wave 3, still green on 4 hours but smaller volume, very long wick. Expecting this to retrace to 648 which hits exactly on the ascending line of support. Wave 5 targets are 765 and 822. 751 presents heavy resistance and is a place to watch.

mjones8204

$TRX broke the 545 support and is crashing without signs of slowing down towards 506. Using Fib ratio's, this should bounce at the 506 level to end wave 4 and start wave 5.

mjones8204

$BLZ has been in the same channel since 9 March. Highs of low 4200 to low low's of 3400 range. Recently there have been 3 hits on the 3900 range support. Not convinced of a break out until we close over 4300. Would like to buy more at 3600

mjones8204

$ZIL coming down. Found support at 602 two times already, lets see if it holds. Really a little bit of sideways action since 25March, highs get slightly higher each time with less retrace. If we triangle the past 24 hours we see an ascending line of support, with the same area of resistance, although each time it gets slightly higher. If the next bounce stays...

mjones8204

$OST is forming a nice ascending triangle, hitting 2450 three times in the past two hours. Resistance is staying the same, while support line is gradually climbing. Expecting a drawback to the support line, based on the average 17 hours that wave is playing on. Should come down to 2134, right on the ascending support line before another bounce.

mjones8204

$WTC is following BTC perfectly. Both of the most recent lows correspond to the exact same moment $BTC hit its low. $BTC currently retracing again, but with solid support at the $8300 level. If $8300 is reached, this correlates to $WTC at 14400. That's my buy point and then expect a 2000 sat climb.

mjones8204

Going to get another bounce if $BTC stays the same. Ascending Triangle is almost complete, with triple bottoms all along the same resistance. Preparing for a price break out IF $BTC value increases in the next two days, or stays neutral. Buy points set at 515 and 500 (500 incase $BTC takes a small dip).