jpnotmorgan

jpnotmorgan

Following a great week of gains, STR seems to be loosing it steam and cannot hold the support around 4400. Currently completing head and shoulders pattern that usually ends in reversal of the whole trend. Expecting drop to around 3900 and if that support fails, even 3600. ~ my personal opinion formed upon an analysis, not an advice to sell or buy

jpnotmorgan

BTS has corrected quite a lot, but never seemed to have a proper bounce back like other coins. Maybe it is still to over priced, so I wouldn't hold my breath for too long. However I have been learning about squeeze recently and applied it here along with my double pitch fork and trend lines, and all looks pretty much ready, also TD sequential is quite in line,...

jpnotmorgan Updated 

If you are new here you might not have seen some great charts by alamasters or LewisGlasgow. Based on what I learnt from these two and my own double pitchfork overlay I decided to go with long trade idea for BTC that I will be updating whenever something interesting happens. I'm starting to track from 12th November 2017 until 22 April 2018. The only money I am...

jpnotmorgan Updated 

Ripple has been bouncing up and down over last 2 weeks but within the same channel. We could see a completion of head and shoulders pattern soon. It looks like it's finished consolidating just about to brake out on the hourly. If it falls bellow 11500 we might be in further decline, however long wick on the 9 am candle + sudden rise in volume looks promising for...