jdgpro64

jdgpro64

So, the Power Law Bitcoin Rainbow Wave is calling the top in May. What say you?

jdgpro64 Updated 

It is all in the chart. 54 bars in the run up before consolidation. New Sheriff in town Jan. 20. Then number go up

jdgpro64

Obviously a completed head and shoulders pattern is bearish with a break below $92,000. We shall see.

jdgpro64 Updated 

A bull pennant is forming after the 74% rip in November. A breakout above $97,000 will trigger the measured move to 3.618 fib $138,000.

jdgpro64

The price has made a bull flag similar to he BTC bull flag. I expect another price spike outside the parallel channel and retracement before recapturing the ATH later.

jdgpro64

I did not make the first channel high enough. So, this is an update. I threw in an auto pitch fork that seems to validate the thesis. We did take a run out the top of the channel and the shorts pushed the price back inside our seemingly durable path. Let's see what happens.

jdgpro64

It is just one indicator, but it says what it says. Not financial advice. Please do your own due diligence.

jdgpro64

The price has formed a classic and near perfect bull flag on the 4-hour. Of course, the price target depends largely on the breakout point on the flag. I will update when and if it does break out, or not. The measured move is on the chart. The auto-pitchfork confirmed the pattern We shall see.

jdgpro64 Updated 

Can MSTR stay in the this rising channel for another six weeks? It would seem unlikely, but so was their stock price rising 507% in the past year. I guess 200% from here is possible, especially if Bitcoin performs as predicted and hits $100K this year. We shall see.

jdgpro64

Bitcoin is set for a measured move to $118,000. 1. Cup and handle price target and set to break out of the handle any week now 2. MACD curling up in positive territory 3. Current price above 50 and 200 SMA, both pointing up to the right 4. Current price broke above I-Cloud 5. RSI at a solid number but not overbought. Plenty of room to run Good luck to all

jdgpro64

Looks like this bearish wedge could send the price down 4%, supported by the bearish diverging RSI. Plan your trade. Trade your plan. Conserve and preserve capital.

jdgpro64 Updated 

Thee is nothing too complex here. Simple bullish wedge wioth a measured move of 800 points. This is obviously depending on a similar break out for $BTC. We shall see.

jdgpro64

Let see how this works out. The price broke out of the bull flag before back testing the resistance/support. $1,800 in 8 weeks seems aggressive, but the PEG ratio is a teeny tiny 0.83. There is obviously room to run.

jdgpro64

The price will drop until it stops going down. This is one possiblity.