Crypto_Jakk

Crypto_Jakk

Yet again, another break out.. going for ATH, already past the second ATH now one to go for Ox (ZRX)

Crypto_Jakk

And another for #BAT Alt season is on fire today!

Crypto_Jakk

Another crazy pump, this time OMG got the wind in it's sails!

Crypto_Jakk

OXT update (1)

Crypto_Jakk Updated 

OXT ??

Crypto_Jakk

Classic weekend Bart pattern. I honestly cannot say I am surprised, I was actually expecting it. We had the same over a weekend not long ago and I knew after the pump towards the 12K mark was going to retrace, shorted it for a small PnL but was not enough, I should have waited longer and I would have caught the Bart drop. Up around these price levels we will have...

Crypto_Jakk Updated 

Yet again another rejection from the $12,000 mark. On the 1 hour chart, the wick came down just below 11.5K, and perfectly bounced off the baseline of the Ichimoku Cloud. This was a shakeout, 5 mins and retraced back up. The RSI had been over extended and very little resistance above so I was expecting this long order shakeout. When we settle, IMO around the...

Crypto_Jakk Updated 

Same chart only 4 hour, which looks better. You can see the formations more clearly and also the vol beginning to drop slowly off. MACD 4 hour again starting to look as if it is converging in on itself possibly in an attempt to switch bearish.

Crypto_Jakk Updated 

Can see some flags when I zoom out on the 4 hour, the current pump has retraced somewhat overnight and I must wonder, is it sustainable as it does look to be flagging as I type. Only today will tell but a relevant update I thought to post.

Crypto_Jakk

RSI in over extended territory, BBS well over extended. MFI showing alot of cash flowing in, though I have noticed that this indicator does and has shown high vo;ume with pumps in price. The MACD seems quite confused though is bullish and Stochs are showing overbought... I would be careful of this pump, I do believe this could very well be a fake out. It has...

Crypto_Jakk Updated 

At the time I charted this but never published, it was a possible bearish set up. Now I am publishing it, it seems more the likely option to play out. The purple trend lines drawn are weekly and daily S/R. The dotted white lines, more recently added to the chart and also S/R. The MA lines shown are: 21MA in red, 50MA in yellow, 100MA in purple and 200MA in...

Crypto_Jakk

Same chart as the last update but looking more and more likely to be a breakdown and a test of the lower levels of support, possibly the 200MA. If the institutions have their way, and let's face it, they are gaining more and more control over BTC and the market movements, I could see this go in the same direction as the traditional markets. As the institutions...

Crypto_Jakk

New chart update. Longer term set-up, daily/weekly and for both sides of the arguement. I won't try and explain this one as it basically explains itself. Drawn using some weekly and also daily support and resistance lines, the break could be in either direction though we are entering on a bullish set-up. Thanks!

Crypto_Jakk

This is what I have charted today for the Daily. The red dotted lines show some resistance levels both above and below, obviously the R lines below have become support though I do still think they could be relevant in the coming days/weeks if Bitcoin fails to break or stay above them therefore they would then flip back to resistance. I had more longer term S/R...

Crypto_Jakk

Looks like sort of a head and shoulders pattern (purple), apologies, I can't seem to use the H/S tool correctly lol... but we seen a slow drop of a metaphorical cliff this morning when BTC dropped to the lower $9Ks which would have given us a good CME gap to the upside, though within an hour, BTC seems to have recovered from that drop and is back trading around...

Crypto_Jakk Updated 

UPDATE: #2 Like I said in my last chart, I fully expected a retracement from that huge pump to 10.4K, which was not organic movement. It looked like text book 'pump and dump', either by whales or exchanges. Pure manipulation in order to shake out orders and now this dump will have taken out alot more who FOMO'd in on the 10K break. $90 Million liquidated on...

Crypto_Jakk Updated 

I have NO words... Sorry lmao!

Crypto_Jakk

In my previous chart I had shown a flag formation coming from a bullish market. I mentioned I would draw it as a pennant and today an unexpected dump broke it down a few hundred dollars and volatility was going crazy for about an hour or so before settling around the 9500s. This chart may be a little premature but it shows another possible flag formation. We are...