Jabest

Jabest

CHF/JPY has been moving up for a long time and looks like it may be forming a massive top formation. If this is a double top, it appears we may have a Head & Shoulders formation as well 2nd top. A close below the neckline of the 4h chart would send us down to the daily support around 139. A daily close below that would likely then send us down to the 134...

Jabest

GBP/USD is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry. Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing! COLOR KEY (which time frame each markup is based on): RED -...

Jabest

GBP/JPY is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry. Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing! COLOR KEY (which time frame each markup is based on): RED -...

Jabest

GBP/CHF is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry. Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing! COLOR KEY (which time frame each markup is based on): RED -...

Jabest

GBP/CAD is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry. Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing! COLOR KEY (which time frame each markup is based on): RED -...

Jabest

GBP/AUD is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry. Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing! COLOR KEY (which time frame each markup is based on): RED -...

Jabest Updated 

Looks like bitcoin is retracing a bit on it's last drop at the moment. I will expect the next drop when this ascending channel breaks. Feel free to leave your thoughts in the comments below! Make sure to be respectful of all comments so that we can utilize this platform to help each other and to build each other up! After all, we're all here looking to...

Jabest Updated 

Bitcoin appears to be in a channel at the moment. The Chart clearly shows that it broke out of a triangle which was at the top of the channel to the downside. The highest potential for the next reversal point is now at the bottom of the channel. Looks to me like BTC is headed back to at least the $8K range in the near future. Feel free to leave your thoughts...

Jabest

Verge right now is clearly still trending downwards but it looks like it MIGHT be time for it to break up to at least the upper trend line again. It's also currently re-testing the previous all time low that it just went below a couple of days ago so to be safe the most recent downtrend certainly needs to be broken! Watch this chart to see when the downtrend...

Jabest

Sometimes trading/investing is difficult, other times it's as simple as one thing on a chart. With Tron right now, it's clearly still in it's downtrend so if you're looking for a safe buy time, keep an eye on this! This is also nearly identical to my Ripple chart currently as well. Remember, "The trend is your friend!" Make sure to follow me for more Crypto...

Jabest

Are you thinking about buying ripple? This one lonely trendline is the single most important technical indicator right now! As long as price remains under it, XRP is clearly not a buy! At least not for the long-term! If you're not a day trader and you're in the HODL category, then make sure to wait until this trendline breaks before considering a buy! Feel...

Jabest

Gold appears to be in an ascending channel and has made a massive move upwards over the last 2 months since it broke the EXTREMELY STRONG angled resistance line. If you cycle down to the Daily chart the last two days candles have ended as a "doji" and "shooting star" candle. Furthermore, the 4h chart seems to be creating a double top ("M") at the moment but...

Jabest

GBP/CAD has made a double bottom (albeit imperfect) and a new high as well. Price has come back to re-test the previous high and looks likely now on the lower time frames (D, 4H) as well to push up.

Jabest

NZD/USD has recently completed an inverted head and shoulders formation. It has bounced off the current downtrend line and come back to kiss the neckline of the inverted H&S. Looks like a prime opportunity for a long! What is your view of NZD/USD? Tell me in the comments below!

Jabest

An inverted Head and Shoulders just completed on EUR/GBP as well as breaking the current down trend. Looks like a good opportunity for a long.

Jabest Updated 

Bitcoin has recently broken it's upward trendline on the daily chart. I will now be looking for it to hit the lower trendline before moving back up at least momentarily. It could possibly drop below that as well. Possible head and shoulders pattern completing as well but it's a bit messy so I won't be relying basing my decision on that but it is interesting...

Jabest

At this point, I would be watching for verge to either break the descending trendline for a likely continuation up or the support area for a drop in price. What do you guys think Verge will do?

Jabest

A close above the upper zone should see more upward movement. A close below the lower zone should see a test of the current trendline and will likely close below there as price will have created a double top and a new low. A close below the current trendline should see a re-test of the lower trendline.