joshr799

joshr799

BTCUSD Heading Down to Test 3 Day Support at the Kinjun

joshr799

Not much to say and I know history doesn't repeat itself, but the last time Bitcoin had a weekly R5 breakout it went up another 2400%.

joshr799

It looks like Jaxx has not been able to implement their mobile wallet for Monero and they are having some difficulty getting on the same page with the Monero devs. This seem like a great opportunity to short with the 4 hour ready for a bearish trend confirmation with the Chinkou Span about to drop through the cloud.

joshr799

Just in case everyone forgot, here is a chart showing the results of the last hard fork. Not counting the rally the day before, ETH/BTC was up 30%. I think we at least go to .022 but now would be our chance to break through the all time retracement of .382. If we were to rise another 30% that would put us at .025

joshr799

Trailing line just broke out of the cloud

joshr799

The DAO issue is likely coming to a resolution and may only need a soft fork. I believe the majority of the community and miners will support this without any major issues. In addition, BTC is looking like it is still retracing. See my chart here: Resistance will be at .0245, if we break past this resistance depending on how far BTC/USD drops .027 will be our...

joshr799

If we close the daily under the Kinjun-Sen this correction isn't done.