janor123

janor123

Introduction: The S&P 500 ETF (SPY) has shown signals of reaching its top, and a significant retracement seems to be on the horizon. This analysis explores the potential for a 40% downside over the next two years, providing a comprehensive view of the technical and fundamental factors behind this outlook. Technical Analysis: 1. **Resistance at All-Time High...

janor123

Filecoin looks set for a massive bounce for the following reasons: 1.) Recent overly exaggerated downside move due to China FUD, and usually this sort of fundamental FUD is followed by strong bounce. 2.) Upcoming Filecoin Launchpad Demo Day around the corner on 9/28 could be the fundamental boost needed to help Filecoin recover sentiment. 3.) Filecoin...

janor123

As mentioned in prior analysis, Bitcoin market cycle top may have been made back in April 2021. Now the dead cat bounce from 30k's to 50k's has garnered retail FOMO and thoughts that BTC is headed to new All time highs....but not so fast my friends. Such a move is very typical and common to trap retail traders and allow the big money to dump on the herd. I'm sure...

janor123

What could a flash crash / wash out look like for Bitcoin? Way worse than what anyone could ever expect. But let's try and paint a picture. Potential low of 7-8K's by the end of May 2021. Always keep an open mind. Stay safe out there.

janor123

Combination of: 1.) Monthly bearish divergence 2.) Confluence of bearish downside targets 3.) Rejection at 2.618 monthly fib extension suggests market cycle top and beginning of bear market. could play out like this: In the 14-20k range, people think we're in the clear and headed to the moon, then price rolls over again, people are still hopeful for a double...

janor123

Many times the most powerful moves are the result of strong technicals + strong fundamentals. Here on the chart you can see strong technicals suggesting major upside for OMG/USD. The chart appears to be in the early stages of a Wave 5 move upwards. Now, in terms of fundamentals, what could lead to such an explosive move? Well, put simply: Big Money. And perhaps...

janor123

Sometimes it's good to keep it simple. In this chart, you can see the performance of the bullish engulfing pattern on the Weekly chart for LINK/USD with a trailing stop for the exit. Massive gains with minimal drawdowns since 2019. Will it play out again this time? Time will tell. Let's see what happens!

janor123 Updated 

Not my ideal setup but trusting the backtesting results and following the system on this one! #Long

janor123 Updated 

My custom algo showing a sell signal on the weekly and monthly charts for BTC/USD. Pullback to the 61.8 fib retracement would put it at previous resistance level of ~$7400.

janor123 Updated 

BTC buy signal triggered on 1D, 2D, and 3D charts. Stop loss if close -1% below buy price.

janor123

By no means saying this will play out, but I'm mentally preparing myself for the possibility of this fractal playing out. This is a resized fractal based on the 2015-2018 BTC/USD fractal .

janor123

Will BTCUSD replay the fractal from september?

janor123

Couple ideas for how the next few months could play out on BTC/USD ......Moment of Truth? Time will tell.

janor123 Updated 

Over the past few months, I've generally been looking at the log chart on BTC/USD. Today, I decided to take a look at it with the log scale turned off. Here's what I came up with: In the near term, BTC could see a double bottom in the ~8000 region. After that, it could make a push to break out of the symmetrical triangle and make a nice run. It may then...

janor123 Updated 

Falling wedge after a monster rally. I'm not sold on these wicks. I think the candle bodies need to close down near the 61.8 fib retracement of the overall run. I'm taking profits here. Would scale back in at confirmed signs of reversal between $700-$900. Indicators: 1.) DMI- still holding above DMI- 2.) MFI still weak 3.) RVI weak 4.) RVGI crossing below slow...

janor123 Updated 

Here's what I'm looking at with BTC now: 1.) RSI 14 is sitting at around 36. Historically, we've seen this RSI bottom out at between 19-27. 2.) RVI is still negative. 3.) A few days ago, MACD crossed negative for the first time since September 2017, and is showing no sign of reversal yet. 4.) DMI is negative. 5.) We have broken through the Ichimoku cloud...

janor123 Updated 

Current Conditions: 1.) Apparent symmetrical triangle forming, with price action nearing a breakout. 2.) Volume dropping off. 3.) Price appears to be moving down within a channel. Linear regression line applied with standard deviations above and below for visual purposes. Target: In an effort to determine potential targets, segment AB was drawn at the...