jy2tradez

jy2tradez Updated 

Cutting out all of the indicators and using just the basics of trading shows us that XRP is a great investment. The chart shows clear support in a year long demand zone. We are also near the end of a descending triangle with a golden cross on the daily. A break out of the triangle should be enough to set us on another long anticipated bull run. Keep an eye on...

jy2tradez

GBPUSD is sitting on a strong support, I’ll be targeting the 78.6 fib and 50 EMA as TP1 around 1.26. From there I’ll wait for another bounce off 1.24 and re-enter, targeting the 61.8 Fib and 200 EMA around 1.275

jy2tradez

Just something to keep an eye on. Current support resting on the 50 day EMA, if/when this breaks, expect the gap to be filled. The 200 day EMA is another area to look out for.

jy2tradez

XLM is currently bouncing off a strong trend line. If it manages to break out of the triangle, i plan on playing it the same way BTC broke out this spring.

jy2tradez

The last time we saw a golden cross was in May of 2015. If history repeats itself, we should at least expect a retest of the 200 and 50 EMA. If it holds as support, we will continue on our way to 6000. If we break through, expect this region to become resistance and to drop back down to the lower 3000's regions. Below is the chart from 2015, which looks very...

jy2tradez Updated 

I'm expecting another retest of the 50EMA on the daily. If this level holds, expect another jump and retest of the weekly 200EMA for our make or break. A rejection of the 200EMA keeps us in the ascending triangle and every time we rejected this region, we shot down sharply. If this plays out, strong support will be found at the bottom of the triangle. ...

jy2tradez

If we continue to fall, look for these regions of support to bounce off of.

jy2tradez Updated 

Approaching a key Resistance level combined with the 61.8 Fib.

jy2tradez

Since the plunge in November, we have been unable to recover and close above the 200 Weekly EMA. Each failed attempt ass shot us further down the following week. Be prepared at for a sharp drop if we stay under this resistance by the end of the week.

jy2tradez

With the bearish daily candle closure, i'm expecting one last re-test of the daily 50 EMA before we explode higher. Also found at this support zone are both the trendline and counter trendline making this set up look too good to be true. Major rejection of the 50EMA has occurred the last few times it was tested. Lets hope for 5100 in the next week or two. Enter...

jy2tradez

Reached a daily support zone combined with the 50 EMA and 38.2 Fib. Expecting short term gains before a retest of the trendline in the coming weeks.

jy2tradez Updated 

After a year of ranging in a parallel channel, we have finally broken out. We should expect a re-test of the top trend line where we can hold our short and hope it enters back into the channel for a very nice downside move, or wait for further confirmation that we have a new trend forming.

jy2tradez

Steady Climb to in 2019 to the 100.00 region where we find previous resistance and the 78.6% fib on the weekly.

jy2tradez

Some targets for the next couple weeks

jy2tradez

Major resistance found at $200 and will be a big test for ETH. The 50 EMA was resistance and now turned support. Once we break the 100EMA, we should see a surge towards The Daily 200 EMA coincidentally hovering at $200. The 78.6 Fib is also hanging in this range, a failure to break this region should drive us to lower lows.

jy2tradez

AMZN is posting lower highs and currently trading sideways.When we breakout, look for this trend line bounce.

jy2tradez

If we see movement to the upside soon, $0.55 will be a price range to target.

jy2tradez

Heavy resistance found around the daily 200 EMA and 78.6 Fib region. Take your profits in 2019 when you can, we still have a lot of room to fall lower before the next bull run.