djuuss

djuuss

There we go, time to drop. We are still in a bear market and you don't mess with that trendline when you're this overextended. Shorts are in, let's see how we do.

djuuss Updated 

Hourly fisher cross down, Bearish divergence on the hourly (double check it on the 15 minutes, it's more clear there) Hourly 200MA and this 0.382 fib extension level are being resistance where they confluence. Finally, godmode does it's little red ball thing which is usually pretty solid. The overhead resistance blob and the fibs had been drawn in before,...

djuuss Updated 

We had a log scale touch of the trendline and got turned by it. What started as a correction turned into a downswing when we lost 10,800. 5 waves down from 20k to 6k, followed by a 3-wave correction, which made a double top and a false breakout: Clear bearish reversal signs. We are not out of the woods yet. This picture gives you every support level: Every line...

djuuss Updated 

Looks like this wave is about to crest, rounded 'adam and eve' double top forming at the 0.236 fib from the last swing lower. If we do top over here as you can see on the fisher i've put on this chart, we would make some bearish divergence. So, do not be surprised if we retest the (non-log) macro trendline breakout. (This is a log scale chart to show how far...

djuuss Updated 

Monero is a buy, just not right now now, because it's gotten a bit away from us. Wait for an hourly pullback. Alternatively, wait for a breakout to new highs. Targets are fibs. moving averages are nice and tight, should be a strong move.

djuuss

Check it. There are some 0.236 fibs we want it to hit. New all time highs are still possible

djuuss Updated 

The Komodo is coiling up for a move higher. Almost done bottoming, almost at the bottom of it 's lair; that magical 0.236 entry level. 1.618 target is a 290% move. But there might be sharper discounts available yet, if the 0.236 fails. To me KMD is a longterm hold coin. I love the fundamentals. A tight entry could mean a tight stop incase it does lose to...

djuuss

Simple. Elegant. TA for the masses.

djuuss

Qtum shows good signs of bottoming, and the fresly minted daily 200 is offering support. 4h bullish cross of the 20EMA over the 50SMA, and on the hourly we have also the 200 being crossed by both, with the hourly 200 acting as support. Hourly close back above this 0.382 fib could be an hourly buy signal. You'd be wrong below the hourly 200: 232.2k - which is...

djuuss

There's not enough here for a bounce above the 618, so we'll bounce to it and then we go to C. still, B-C could be a 20-25% move for the next week or so. We are in for another wave lower tho, and it will go to the support zone around 120k, if not the 0.382 fib at 134.6k, or the daily 200 at 139k Educational paper trading plan; buy the 0.5 touch at 173k , sell...

djuuss Updated 

Legend; Yellow is a fib extension from ATH to the first 10k drop to the 17k bulltrap. Light blue is a fib projection from 5.8k to touch of the bearish trendline at 11790 - the previous rally. Bright pink is a fib projection from all time low on this chart (~150) to all time high. The red trendline is the ATH to 17k trendline. Technicals; Hourly bearish...

djuuss

If we bounce before or at 7200, it is another bulltrap.

djuuss

For a full view of this chart, Click 'share' follewed by 'make it my own' Rundown: The correction we havd down to 5800 was only 3 waves. The rally to 11k was wave 4/5. Expect one more leg lower; down to anywhere from 8800 to, if extended, 5k or 3.3k

djuuss Updated 

using the fisher transform as an oscillator. This will be something to learn to look out for from now on, since we are about to make our next leg lower. Bitcoin local bottom 7100-7700 before we bounce back to.. either 8.1k or 8.3k and fail to make a new high. Wake me up at 6k.

djuuss

All the short term bumping may obscure the facts, we have our first red heiken ashi monthly candle since August of 2016. Alright, but for the real interesting candles i will show you the daily chart on this instead. That daily 200 needs to be tested before we can really expect to rally upward anwywhere above 11500. I'm willing to believe it will hold, but for...

djuuss

Equal measured moves on a log scale project out to a target between the low 8000's and the mid to high 6000's Fib projection and extension broadens the range a bit, and help us to identify some key levels inside the zone, as well as pinpoint interim resistance. Hourly close above the 0.5 at 10450 would be a contra-indicator.

djuuss

So, simplest one is a 5 wave downward movement, we are about to do wave 5 down to somewhere around 7 thousand. Simple Or, we do an equal measured move - on the log scale! from the 17k beartrap down to 3k and change or we do an equal measured move - log scale still - from the 20k ATH down to 1800 - but yeah, that is probably not going to happen. Probably. 3k is...

djuuss

Just looking at where I would close a short if i went short Monero here. Why monero? Because you can short it on kraken, in 'real' Dollars. No tether. So! Log scale! Trendlines! Fib's on the short timeframe! 236 199 129 Simple. There are some squares to show you congruent shapes occuring. We see the first wedge seemingly continuing the parabolic curve...