janjnv

janjnv

Double top inverse H&S formation that is perfectly symmetrical with 8bars appart from the center on the weekly. The right top also lines up perfectly with the dec'17 downtred, the weekly volume is waning down.

janjnv

This is the perfect spot for a price reversal and it would look really healthy for this formation to play out. Plus the weekly volume is waning down.

janjnv

I like my charts lean. We had RSI going below 50 for the first time in two years, then it tried breaking back up, went down, tried once more but broke down and is now steadily below 50. If BTC breaks the weekly 50MA or the november trendline, we could see a freefall down to 3.5-4k US$ levels. Personally, everything on the weekly is pointing downwards. And if we...

janjnv

First of all I am a tech person and a crypto believer and not your average high profile investor with deep pockets. I've been studying block-chain tech for the past two years, trust me, there are many weak hands holding (not HODLing) crypto that will be shaking off in the weeks to follow. We need to be careful! OK, so there are many bearish projections based...

janjnv

So, the LCC fork just happened and we are already seeing selling action on short term charts and sell walls growing given the fact that the fork news heavily inflated the price in past 10days many traders will be flocking back to exchanges to follow the downtrend resumal. As in my BTC weekly analysis and due to the MACD crossing LTC should follow as there is still...

janjnv

Disregarding the fundamentals and don't get me wrong, I am bullish crypto long term, but how can anyone else be bullish this time ? Everyone is calling a bottom, yet no one is paying attention to the weekly charts. What about the weekly MACD crossing on BTC ? LTC and ETH haven't crossed yet but the correlation in price is still very strong with BTC and this is...

janjnv

Price highs already broke the resistance of the triangle, when we get a close above that ohlc 50MA it is pretty much a trend reversal and we can expect Ether to outperform bitcoin even by a double in the following months. This is also backed by several fundamentals such as the imminent Metropolis update of the ethereum network as well as the fact that more and...

janjnv

Given the recent events with Chinese exchanges getting banned the decline was not as surprising as was the knee-jerk buyback reaction and the all time volume record in trading pushing the pair back to the original value in two days only, never underestimate the crypto bulls! I am very much bullish on Bitcoin myself, but we haven't seen the main trend support...