mjtrustme

mjtrustme

Silver is going to the moon, there is no doubt about it. After a long time Silver and Gold will rul in the market again. Trade wars and the weakening dollar will push it up as persons of high status consolidate their wealth in fear.

mjtrustme

In this chart I demonstrate a prediction IF BTC were to fall to the downside as many indications are pointing. First and foremost we have consolidated along the 10k level for to long with no bounce demonstrating a decrease in buying power here. Second off it is a clear downtrend that has started with various flag formations playing out to the t, I believe we...

mjtrustme

As Gold climbs mining companies to. I have taken several positions with this mining company. The trend has gone parabolic. Unlike the crypto world these stocks have fundamentals and clear tell tale signs of continuation. This bad boy might cool down, but its safe to DCA into loooooooooong term positions. Top analysts are saying GOLD is going to the moon, so...

mjtrustme

Just watching.

mjtrustme Updated 

You better start buying

mjtrustme

Come out come out where ever you are... While the bullish sentiment reigns I am hesistant. To many people calling breakout, not enough people calling it break down. On this chart you can see both the MACD and RSI are squeezing. Along with this squeezing BTC has been knocking at the door of the 10k door the bulls have been holding for some time now. It has to go...

mjtrustme

Yawn. So much talk about bullish this bearish this... Problem is....there are just not enough fundamentals coming off of this this puppy. #FAX

mjtrustme

From the naked eye these two formations seem the same. But what is the real difference between the two? Why did one of the patterns break down and one of the patterns break out? and what is helpful to determine which one is which?

mjtrustme Updated 

YOU CAN ANALYZE THIS COW ALL YOU WANT, AT THE END OF THE DAY ITS A STRAIGHT GAMBLE AND I WILL NO LONGER HAVE ANY PART IN THIS. NO FUNDAMENTALS, JUST ALGOS AND PUMP&DUMPS...WORLD KEEPS ON SPINING. OH YEA....WHEN MOON? YEA RIGHT

mjtrustme Updated 

We are looking to make a pickup at the 9k-9.4k where there is suggested support for a decent bounce. The bearish flag pattern that we got on BTC earlier lets us know this by simply revealing the flag pole. Trading rules state that when a flag formation plays out the price action follows the previous price action of the pole. Based off of this simple fact alone...

mjtrustme

One must be very careful here if they would like to set up a short. There is a bullish divergence coming through on the MACD and RSI. Soon. I still think 9k-9.4k is safer entry but it may very well bounce off the 10k mark. We will see.

mjtrustme

As I predicted in my few last posts, looking at BTC from a lot of different perspectives, it fell out of the bearish flag formation. I believe BTC has got a overall bullish sentiment but its being shorted short-mid term. My next hypothesis based off of indicators and patterns is that BTC may try and jump up to test the lower trend line of the flag to see it as...

mjtrustme Updated 

BTC has turned a completely bullish scenario coming off of a huge bull flag and a bounce into a bear flag. Go figure! If and when it breaks down and tests the trend level, a break of tha line that has been clearly respected will send BTC pushing lower. If this does happen a short off of the 0% Fib could be in order.

mjtrustme

Upon the attempt of breaking out of bearish flag BTC was overpowered with sell side momentum. With this pattern, the RSI already correcting and the MACD setting up for a sell side crossover there is no shame in being short. Everyone wants a BTC bull but I say we still will not see one for years to come. This is a time to DCA into many key positions and play it...

mjtrustme

As seen on this BTC chart its a text book bear flag and its testing the upper channel along with the 50% retracement and failing to break it. If we can get a break above this we are in the clear for a nice new fresh bull run.

mjtrustme

As we can see on the chart in beginning/mid july BTC entered into a huge Bull flag. While coming to the bottom of the bull flag we saw a small rally take place and then a clear dump. But the trendline still held and it actually held really well with a bull hammer followed by an engulfing bullish candle. I am skeptical of cryptocurrencies and they are mostly...

mjtrustme

Fear of recession Trade Wars Tariffs Precious metals will go on a bull run because of all of this noise. Commander and Chief said he does not want a strong dollar, and he has wanted it Gold backed for some time now.

mjtrustme

This crypto penny is a strong one. We reentered around the consolidation at 31c we mentioned earlier. Now we are in clear move to the upside in a channel. Best advice is to hold now because even the RSI is just looking very very bullish as well as the MACD. Hold till we fall out the channel then sell hard... Now we just want to keep our eyes on the double top's...