JokerMate

JokerMate

Classic reversal pattern Lets hope not too much FUD this week. ;)

JokerMate

BTC looks shaky with the breakout being rejected. Dark Green 30% : We seem to be finding support at the previous resistance, if this holds we could see further upside. (DXY looks to be showing weakness as well, and might loose support) Light Green 50% : BTC fails to hold past resistance/support and fall fully back into the channel. While bad for your wallet,...

JokerMate Updated 

BTC and almost all ALTS had amazing rallies the last few days. My last idea played out almost perfectly, and we saw it hit the upper channel, having passed the decending trendline. Now BTC has to hold above, we will likely see a retest of the trendline as support, the orange path is most likely (80%) As long as we stay above the trendline, i would predict a...

JokerMate Updated 

BTC showed strength after a bad CPI report last week, and we are now reaching a new decision point. The bounce came more or less as expected, piercing a little lower due to News. (See past idea) This trendline has held over the last 4 months, and is the result of one of the greater breakdowns we observed. (Orange Pattern) If the channel is unable to hold...

JokerMate Updated 

BTC did not manage to maintain the break up from the previous idea. Weekends do not generaly provide big moves so this is not too surprising. It doesn't look good for bulls, but we have seen good volume to expect the end of the long hunt, so we might see another bounce off the general uptrend around 20500. If this bounce fails, we are retesting the 19-20k area,...

JokerMate Updated 

ADA has been retesting the same bottom at 0.45 for the last 3 months, and it has held every time. ADA is one of the Alts with the strongest fundementals, with a large fork upcomming, and has been seeing strong accumulation. I would put my money on a break up in the next week, assuming FED policy fits market expectations, but i would still accumulate more in spot...

JokerMate Updated 

We saw good movement upwards from the last accending triange squeeze, a further squeeze upwards could result in a local Higher High This would point towards the bottom having been reached, however if there is a strong rejection of the decending trendline, it could also point to a prolonged accumulation phase or further breakdown. Target Up: 23.5k...

JokerMate

Every cycle has its moments of exess greed, and every cycle has its moments of exess panic. However we always follow the logarithmic uptrend, with its backbone being the trend pre mega pump. In the last cycle the bottom did not take too long post breaking of this "backbone", and usualy a single sharp break followed by minor testing of the lower ranges was the...