just-joe

just-joe

Rare chart for me. Altcoins are showing some promise! Good Luck!

just-joe

This chart goes out to my Brother FEEJ, who is an accomplished chartist/analyst himself! The A,B,C,D,E correction is a powerful elliot wave correction, and if identified early, it can be fantastic trading! Also, it can be an excellent buying opportunity at the end of the "E" wave completion! Good Luck!

just-joe

I consider myself a "channel" expert with many years of studying them and using them, and I don't typically offer a lot of instruction with them, nor do I post them too much. But, here would be a small sample of how I use them. Regarding Elliot Wave, so far these two large corrections are too similiar, and thus, they cannot be counted as a 1,2,3,4... In my...

just-joe

Continued from the Daily 233 day moving average, and as we translate that moving average to the weekly, we can now see the future significance of the price as it pertains to the weekly. Currently, the 233 weekly moving average has a price of 2830, so that is where the lower channel line gets placed, at least in my world, and the past price history (overall)...

just-joe

This is part 1 of a 2 part series. Originally I posted the weekly 200 day moving average, and while I questioned a "bottom", I mentioned it was, at a minimum, good for a bounce. So far, that's been the case, but I believe the 233 has more significance than that of the 200, and you'll see it also in the weekly chart. I believe the simple moving average starts in...

just-joe

Fairly simple. If the price cannot re-capture the median line, then the lower channel line is like a magnet for price. Good Luck!

just-joe

My last post I mentioned Bitcoin price to go sub 3500. Now you know why. Will Bitcoin reverse here? I'm not sure, but I believe there is a nice bounce at a minimum. Good Luck!

just-joe

The Triple Bottom doesn't happen often, and they take a lot of time to develop!!! The set-up looks right!

just-joe

Bitcoin is currently in trouble, and while my charts have leaned positive and bullish, you should know that I do NOT own BTC, and I haven't for almost a year now. For me, I remained bullish because I wasn't sure which degree wave 4 was in 'play'. I believe I have my answer. Those close to me, know that I have held this position since January 2018. Many of you...

just-joe

We'll see soon enough!

just-joe

Over the years, I've seen many triangles, and often times price will initially move out of the triangle one direction, only to turn around and rocket the opposite direction. Could it happen here? We'll see soon. If this count holds, I'm anticipating today's price as a wave 3 low, with the counter trend wave 4, then a "jab" lower for wave 5. Good Luck!

just-joe

Sideways is boring!!! Nothing new here. Like everyone else, just waiting for the sideways correction to complete! Good Luck!

just-joe

Triangle? Maybe not! While most are bearish, I'm taking the contrarian approach and looking for a move to 11,000.

just-joe

Bitcoin has options here! This would be another option for price to remain inside the triangle for a few more weeks.

just-joe

I call this the "oval" or "egg" correction. Any movement lower and outside of the oval would, to me, indicate the correction is NOT over and it may experience much lower prices. I believe that current price is at it's most critical point, and maybe into next week as well. In my opinion, 7450 is a critical price point, and I'm looking for Bitcoin to re-establish...

just-joe

Hard to argue when both "X" waves comply with the rules! Eh?

just-joe

The final leg can either move sideways into the apex, or it could move lower which I estimate to about 4500. A break lower out of the triangle pattern would lend to the lower target.

just-joe

The long and grueling correction that has more than "chewed" up the clock and price is nearing a turning point. This count is much easier to count and realize vs. Bitcoin, and remains a favorite of mine to follow. This is the spot to place your bets, especially when few are expecting it.