jonnieking

jonnieking

As expected, CRYPTOCAP:BTC is rolling over, hopefully to form that right shoulder for the inverse h & s patter to confirm the next leg up. This dumped is fueled by the impending death cross, which historically marks big reversals, since the cross is already priced in.

jonnieking

The 200DMA is the real battle for bulls and bears rn. At least PA is respecting my squiggles 😊 Bullish Divergence is the key here.

jonnieking

RISK-ON 🚨 I’m seeing so many people incorrectly analyzing the September 2019 emergency repo OMOs, which were short-term liquidity injections from the Fed, and then comparing it to the price of BTC going down, before QE officially started in March 2020 because of the pandemic. Here’s what really happened. September 15, 2019 was a tax deadline, pulling ~$100B out...

jonnieking

CRYPTOCAP:BTC closed the day a tick above the 200DMA.

 Need to trade a few days above $85k to show strength for Bulls. 
 Ideal setup would be an inverse H & S from here. RSI showing Bullish Divergence.

jonnieking

Does the market look dead? Wanna know what brings it back? PRICE. Wanna know what brings back price? LIQUIDITY. Steady lads, deploying more capital 🚢

jonnieking

CRYPTOCAP:SOL DUMPED OVER 60% ‼️ That’s after a 3,500% pump from the bear market low in ’22. Is it over!? TL;DR - NO. This is common after such an insane pump. SOL Dec ’20 - May ’21 5,700% pump 71% correction then another 1,290% pump Let’s look at previous cycles with $ETH. Dec ’16 - June ’17 6,380% pump 67% correction then another 916% pump Dec ’18 (bear...

jonnieking

Someone on Twitter sent me a chart showing Bearish Divergence on the Weekly for BTC and asked me to analyze it. (hopefully this link shows the chart) pbs.twimg.com My response is below. --- This is a really good question! Caught me off guard for a second and I had to really analyze it. That chart assumes we’re at the end of the cycle, so its showing bearish...

jonnieking

THE MARKET REALLY WANTS TO GO UP. Stronger coins, such as CRYPTOCAP:SOL keep putting in higher lows. If we close above the EMA9 on the Daily that will be really telling. A bit premature to call a reversal, but I’ve been speculating on this W reversal pattern forming since Trump announced the Crypto Strategic Reserve. 

Perfect setup for that. The lack of...

jonnieking

As expected, the DXY is TANKING alongside the 10Y, and the WMA9 is finally breaking below the 20. This combo is turbo juice for markets, as it allows Central Banks around the world to stimulate and opens the door for more growth in the US economy. Ignore asset prices. Focus on the macro. This is a leading indicator. HODL.

jonnieking

I don't think I've ever seen market makers try to fill a CME Gap this fast in the history of CRYPTOCAP:BTC Futures. I wonder WHY they want to fill it so fast 🧐 HODL ✊

jonnieking

CRYPTOCAP:SOL smashes through the EMA9 and SMA20. Looking for the cross for confirmation. As previously mentioned, that green box was critical to clear $170. Need a cluster of closes above this. My 4x LONG is happy rn 🥳

jonnieking

Last time CRYPTOCAP:BTC claimed the WMA20 signaled the US election Trump Pump. BTC has once again closed above the WMA20. Cue the Trump Pump 2.0 🚀 (please)

jonnieking

Been accumulating a very large position of FWB:HNT Bullish Exaggerated Divergence on the Daily RSI. Price looks to have bottomed claiming previous lows. Helium Mobile is one of the strongest IRL DePin projects 💯 $600m Market Cap is extremely undervalued compared to the rest of the industry.

jonnieking

DXY fractal from 2017 is playing out nicely. Looks like it will retest $108 mid-March and break $106 in early April (hopefully before). This lines up perfectly with the Global M2 (12-Week Lead) liquidity injection.

jonnieking

Shows a big liquidity injection coming in early April. Might be a bit bumpy until then 🎢

jonnieking

Saved by closing the month above $2200. However, RSI still shows more pain to come. If ETH cannot convincingly hold that $2100 level, it will most likely retest the $1700 - $1850 range.

jonnieking

What an epic day for CRYPTOCAP:SOL today with an 18% rally! Closed the month outside of that accumulation zone I mentioned in previous TA, which is very promising. Looking for SOL to build a cluster this next week outside that range, and then make another leg up into the green zone to reclaim the EMA9. Take it level by level 👍

jonnieking

50WMA is a CRITICAL SUPPORT to watch for ₿itcoin. Historically, if CRYPTOCAP:BTC closes below it for more than one week, it signals the beginning of the BEAR MARKET. We’ve only seen BTC close beneath the 50WMA once in its history during a Post-Halving year, and that was in 2021, but then rallied to a new ATH. People often ask me what would invalidate my bull...