MrJEB

MrJEB

One thing a Modified Shiff and Bollinger Bands can agree on, is that from a daily time-frame , the slope is pitched ever so gradually up against a larger current. To expect ETHUSD Price movement to extend upwards against a 200 Period Bollinger Bands , and the weight of the 200 Avg in a single volatile action, would be wildly irrational. ETH Price action...

MrJEB Updated 

ETHUSD doesn't look nearly as strong as the other names, but I digress and let's see where this plays out. This 15-min Chart is simply elaborating on the current change in direction, highlighted by tagging the outside of the 50 period band @ 3.2 (again, 15-min time frame), and the downward slope of the lower band seems to be supporting this notion as well as some...

MrJEB Updated 

A Shiff, Mid-Long Term with 200 Bollinger Bands @ 1.25 - simple benchmarks, nothing more.

MrJEB

If you lose your shirt in a crowd, it's likely that someone else will be wearing it shortly after. Daily 50 Period & 100 Period Moving Averages are nearby. I think typically, MA's and Lines on a chart are only useful if they are respected. This Shiff has been monitored closely during recent price action, and thus far, has proven useful with respect to...

MrJEB Updated 

Just some shiff action and recognition. Price looking compressed and respecting some lines on a chart. Feels like a short? Good luck, Traders. May you find yourself on the profitable side of it.

MrJEB Updated 

Bring your Shiff Fork, this ones Fight Club Style. Looking in on BCHUSD reveals some Mid-to-Short Term Shiff Pitchfork (minus the pitch) action with an array of confirmations. Price action seems to be caught in a crowd gathered pit fight, and the range is ' the low 120's ' (low) and ' the high 130's ' (high). A move down from the .25 Line would likely...

MrJEB Updated 

ETHUSD Price action may be eyeing a Sweet Spot while looking through the lens of a Mid-Ranged , and Short-Ranged Shiff Pitch Fork . With so many analysts looking at the uptrend line , I decided to do a little digging to keep myself busy. What's so darn important about it? Firstly, current price action looks to be respecting the upper bounds of a ...

MrJEB

LTCUSD showing the market how it's done. Almost forgot what one of these looked like, excuse the admiration. A nice trek along the Fork Median. Hate to see a nice trend, end (not saying it is!)

MrJEB Updated 

ETHUSD Price action has been hovering around an upper median line from the last correction. The more distant uptrend line has held a second time on the 4H Chart (help from 4H 200 Period Median Band). There is much going on with this chart, so let me elaborate. I agree, too much drawing is ridiculous, but maybe we can find the forest through the trees here with a...

MrJEB

ETH price action looks like it's finding comfort at the 1.0 Median Line on the Pitchfork after the reaction lows. It briefly touched the uptrend line, but still looks to be maintaining the downtrend channel. On the 1H time-frame, the 50 Period Bollinger Band with a Standard Deviation 1.25 doesn't look to be turning up, as it's presently leaning downward. The...

MrJEB Updated 

With the BC Leg confirmed, let's see if the Bearish Butterfly plays out with upside past $170 resistance levels before reversing hard. This is a re-post with more known and dialed in variable to the BC Leg (smack in the middle of rule @ 53.5%). Values for CD are at Max and conform to an uptrend parallel channel that is not confirmed (with exception of...

MrJEB Updated 

I enjoy the Butterfly , the Bat , and the Fib. We know how well these Patterns play out in Crypto, yet, I digress, more. Let's look at some quick recent price action through the lens of a Bullish Bat . Closely monitoring a Cup and Handle on the Daily & 12 HOUR Chart ( linked below ), I am set to task at observing and validating price action to the...

MrJEB Updated 

We all know how well patterns play out in Crypto , but I digress, and we'll venture anyhow - there's just too much materializing with recent price action to not! Recently, a Cup and Handle formation has captivated my limited attention on the daily, as well as a case for a Bullish and Bearish Butterfly . With the Bullish Butterfly still in play (linked...

MrJEB Updated 

Please excuse the Spillage ( and redraw from my Kraken Finding ), but how about a Fresh Cup of Bullish Hopium . Is ETHUSD Displaying a Cup and Handle ? Previously I have been riding a Bullish Butterfly Pattern rather hard, and in addition - on attempting to relate to the recent minor parabolic moves, this pattern has emerged. Enter Cup and Handle? The Pattern...

MrJEB Updated 

Please excuse the Spillage, but how about a Fresh Cup of Bullish Hopium. Is ETHUSD Displaying a Cup and Handle ? Previously I have been riding a Bullish Butterfly Pattern rather hard, and in addition - on attempting to relate to the recent minor parabolic moves , this pattern has emerged. Enter Cup and Handle? The most anticipated Hard Fork has gone live, and...

MrJEB Updated 

A quick look into a previous ETH Hard-fork on the TDI + Results. Previous Price action does not dictate present conditions , for obvious reasons, times are certainly different in this Bearish Market. There are, however, some similarities in the movements of price action around the rumors and news of the upgrade. In 2017, ETH saw similar Bullish move,...

MrJEB Updated 

Let's be real, get past the dump, and on to trading. Recent price action bounce hasn't retraced past the 23.6% range on the Fibonacci, and this minor uptrend line is being retested without success, looking more like resistance. If we flipped this around during an uptrend and the Bears couldn't push past the 23.5% retrace range, we would say the trend is...

MrJEB Updated 

In a previous post, a Bullish Butterfly was developing on the ETH USD Daily Chart at around $103. That pattern still seems to be in play, which may give an indication that if short move down was coming to the recent Bullish Momentum, it would come relatively soon. The pattern would also indicate a much stronger move in the upcoming months of March and April....