jonnieking

jonnieking

Death-Cross looming on the CRYPTOCAP:SOL 4-hr Price closed well below the .236 fib and BMSB. Next retest will be $122 I'm still looking for a daily close ~$110 before the next leg up.

jonnieking

The Trump Pump gets wiped out by the Democrats' relentless legal pursuit to take him out of the race with today's new indictment against him. If Crypto CRYPTOCAP:TOTAL Market Cap does not hold the .236 fib, we will revisit the 1.8T range. That would be another 10% down from here. Next critical support would be 1.479T, which would be a 20% sell-off. I very...

jonnieking

NYSE:LTC down 85% in the past 3 years and 136 days. Been in this sideways range for the past 2 years 122 days. Does anyone have faith in this thing anymore?

jonnieking

FWB:HNT has been absolutely ripping the past week since the market collapse. up 95% and smashed through its downtrend without any resistance. All other majors dumped due to the death cross but HNT dgaf. Did some bullish news come out? P.S. my short got liquidated on this 😭

jonnieking

Yuh-OH 😲 CRYPTOCAP:BTC Death-Cross playing out just as expected. Bulls better pray we don't break below $55k 🤓

jonnieking

Absolute FACE MELTING day in the market today. The biggest inflow of capital in the entire Bull Run! CRYPTOCAP:TOTAL market cap pumped 13.75% Bulls have reclaimed the .236 Fib I expect a bit of a sell-off here, but if we can hold this level, we very well could have seen the bottom.

jonnieking

Been riding this trendline since March. Well above the 200MA and Bull Market Support Band Battling the .382 Fib today I expect it to breakthrough and grab liquidity around the 6.50 region for a bit, then make its way back down to the trendline when rate cuts are announced September 18th. Will then have to break that trendline to take the next leg in the bull...

jonnieking

Etherim and its frens are in for a world of hurt. Market is showing very little interest buying here. Another 15% drop incoming for CRYPTOCAP:ETH to re-test the $2,100 region.

jonnieking

Solana will be rejected at the .382 fib which is $155 and then make its way down to close liquidity at $110 Ultimately CRYPTOCAP:SOL needs to reclaim the bullish trendline it re-tested late July.

jonnieking

After the market bloodbath this weekend, CRYPTOCAP:BTC closed liquidity at GETTEX:54K giving us a bullish setup for the short-time being. Barring war breaking out between Iran / Israel, I expect a rally to ~$59,5 to be rejected where we then make our way down to close liquidity and form a double bottom ~$50,5 going into RATE CUTS on September 18th.

jonnieking

RSI is sitting at lowest it’s been this entire bull market. CRYPTOCAP:TOTAL needs to close above $1.85T to keep our current bull market range. If we close below this in the coming days, we are in for a world of hurt with another ~20% sell-off on the CRYPTO TOTAL MARKET CAP. Question everything at that point.

jonnieking

THE TREND IS YOUR FRIEND, until it isn’t. This is literally the easiest trading strategy that even a monkey can figure out. Find the major Trendline, and if it breaks, either A) Sell Your Position B) Open a Short Case in point: Seems like pretty much every coin has broken its trend, but I spent some time last night before bed seeing what was still holding...

jonnieking

CRYPTOCAP:BTC has been outperforming CRYPTOCAP:ETH this entire cycle. If Ethereum does not outperform Bitcoin by the end of it, consider it good as dead next cycle, akin to Cardano. Clearly consumers have flocked to Solana for dApps, and Bitcoin is the store of value, which leaves very little room for Ethereum to carve out its own niche as they both continue...

jonnieking

The Ethereum Spot ETF launches tomorrow, July 23, 2024. Over the 12 days following the Bitcoin Spot ETF launch on January 11th, CRYPTOCAP:BTC retraced ~20% If Ethereum follows this pattern, it should fall to ~$2,800 around August 4th. We know that Grayscale holds ~$9.87B CRYPTOCAP:ETH and it plans on charging its customers 10x the management fee vs...

jonnieking

CRYPTOCAP:BTC is pushing for it thanks to the Trump inspired rally. Back above its trendline and meeting its moment of truth at the 50% fib retracement. Next stop a revisit ~$65,5 where the .618 fib meets the top of the BMSB / 20W SMA. We need a big push in volume here to break through these levels. Tbh I think this is just a pump going into Bitcoin Nashville...

jonnieking

CRYPTOCAP:BTC Volume has been crippling while the price has been moving up. This is a bearish divergence, and signals a Bull Trap. $50,6 is still the support we need to retest before we reclaim this $60-70k range.

jonnieking

Solana has destroyed the cumulative performance of every Altcoin by 627% since Christmas 2022. All you had to do was buy CRYPTOCAP:SOL and chill bruh

jonnieking

Adding onto my SOL/BTC chart from yesterday. SOL.D is also confirming the breakout vs BTC.D Everything is SCREAMING for CRYPTOCAP:SOL to RIP!