jamiecassels

jamiecassels

Long term charts look pretty good too, everything lining up for a nice trade here.

jamiecassels Updated 

Not advocating for bear market or anything and with this momentum I wouldn't go net short but longs should be hedged here. MACD is about to rollover, funding is showing the most bullish sentiment in some time, and we don't have a lot of support down to ~6k area. Maybe we dump today and if the ETF is approved tomorrow we pump? We'll see, either way I don't plan...

jamiecassels

Lots of wicks showing support, and Stoch RSI is oversold and formed a nice wedge. Is this trade too simple? With so much momentum another leg up seems entirely feasible.

jamiecassels

Resistance turned into support? Lots of wicks, looks good for the next leg up soon.

jamiecassels

While price hasn't changed over the last couple of weeks, the optimism behind Bitcoin has all but faded away. Its about 62% Short vs 38% Long right now, very close to a record according to the data provided here. While many people were looking for a price capitulation event, I think this might be more of a psychological capitulation event. I still think the...

jamiecassels

Long Live the King! Zooming out and looking at the short positions they have formed a long term wedge which they have fallen out of and are currently flagging against. This is a sign of a drop in shorts incoming and when that happens we can expect a rally in BTC prices. BTC price on the other hand has broken through and tested major resistance so prices could...

jamiecassels Updated 

There was a lot of buzz around this ICO and to be completely honest I don't really understand the technology here (I know I shouldn't invest in what I don't understand) but I know the ICO was popular and price has gone south from there. However the volume is decent so its still popular and it looks really oversold so I'll shoot first ask questions last and try to...

jamiecassels

I really have no idea what I'm doing investing in this company, I usually like big stocks that make lots of money. These guys are tiny, there's so little volume, they don't have positive earnings, but I think their product is amazing and I will be watching this one/investing for years to come I think. Weekly RSI looks primed for a pump. The stochastic looks...

jamiecassels Updated 

I like the RSI on this high flyer because it's flagging against resistance so I think that precedes a breakout. I'll be watching the weekly candlesticks for an exit but looking for a quick pop then I'll probably exit, hopefully with around 10% gains or so.

jamiecassels Updated 

Shorts positions look like they have broken down from their year long wedge and have backtested it so I would expect them to drop soon, which should be from BTC rising. This indicator can throw fake outs, but breaking down from such a long wedge should be significant.

jamiecassels Updated 

DXCM flirting with new highs while RSI looks pretty constructive. This looks like it might run a bit so while it might be a nice quick momentum play there is probably a lot of long term appeal here. This also applies to AYX which I just posted.

jamiecassels Updated 

Etsy earning smashed expectations in a time where retail had an awful Q4. Q1 looking sour for retail as well but this is a strong company with no real competitor so as long as the market is pumping I think ETSY is going to outperform. Weekly chart shows price breakout, DI+- breakouts, ADX turning up, and RSI flexing. GL

jamiecassels

Maybe this is an ending triangle? RSI has come to life breaking through 40 and holding on a couple tests setting up this price triangle. ADX is reset and ready for a new trend. Is this the end of the bear for XMRBTC?

jamiecassels Updated 

Hey what do you know we have constructive price action with a rising ADX. Lets hop on for a ride up.

jamiecassels

I keep sticking my head out and it keeps getting chopped off. Will this time be any different? If the weekly candle closes with this bullish hammer it will be the first bullish candlestick setup of 2018, imo. Everything looks wedge-y and just maybe this can be a bottom. Perhaps a quick bounce to 0.0001800 if this is the bottom. Good luck out there.

jamiecassels

Put your feelings of Trump aside for a second and listen to how much this man talks about the Steel Industry in the US and consider the effects of the Steel tariffs. AKS is a small cap US based steel stock that whose stock shows signs of accumulation while the big cheese goes on about US Steel coming back imposing tariffs (taxes) on the foreign competition. I...

jamiecassels

*I write this in the perspective of a longterm holder of DOGE and someone who doesn't really want to trade it* I agree with many that this looks overbought but this is my only alt that's popping right now and I'm not in a hurry to cash in before alt season even starts. ADX is just getting warmed up and DI+ is going to break that resistance one day so I feel like...

jamiecassels

*I'm holding bags so keep that in mind* Shorts look topped out as we have a double top with negative divergence at resistance. Big wedge is forming, watch for consolidation on S/R to preview which side it wants to break on.