thejerichoway

thejerichoway

1h rounded bottom

thejerichoway

Btc dominance

thejerichoway

Long term trade here: 3 touch play - bounced 3 times on the same resistance 536 - break out - retrace and confirm as support 536 - buy at confirmation Entry: 536 Stop: close bellow 500 Target 1: 10000

thejerichoway

1. Left the accumulation zone 2. Made 2 HH and currently making 2nd HL on the AZ retest 3. Climbing up the MA20 Entry: 255 (top of the AZ) Stop: ~245 (Close in AZ) Target 1: 287 Target 2: 313

thejerichoway

Steadily climbing up the diagonal support, making an ascending triangle waiting to break out. Also holding the MA20 as a support. Entry: ~2600-2700 (within the triangle) Stop: daily close bellow 2513 Target: 3299

thejerichoway

$ZENBTC breakout And we have a breakout. It's not really a schoolbok 3-touch play with S/R flip, considering the short time between the touches, but I like the look of it. I didn't have the guts to enter while the price was in the ascending triangle, but I'm aiming for an enter with a wick down to the support ~56000 Entry: 56000 Stop: 56000 (Daily...

thejerichoway

$LXTBTC Took this trade on the accumulation zone retest, aiming to reach the previous high. Similar setup as previous ones, having higher highs and higher lows, with price leaving the accumulation zone. I'm expecting the price to bounce off the orange line, which correlates with the MA99. If it doesn't, I'm taking small profits and exiting the trade. Entry:...

thejerichoway

$TRX switched to the uptrend and it's making nice higher highs and higher lows. Currently sitting on the top of the accumulation zone, going upward on the MA20 slope. Next target 6706.

thejerichoway

1. Broke and retested AZ 2. sitting on MA20/MA100 3. 2 HH & 2 HL Entry 0.00000069 Target 0.00000086 Stop 0.00000065

thejerichoway Updated 

Judging by the monthly (blue) horizontal lines, the price has been doing "line-to-line" play each time in the past. Meaning, each time it breached a monthly line, it went up to the next one. Each time it bounced down, it bounced down to the next monthly line. Since we bounced down form the ~13800, there's slightly more chance the next target line would be the...

thejerichoway

A quick look on the monthly demand zones and the VPVR show that the $7500 targets don't have much strength. If bunch of sellers show up in the next 4 weeks, we're back in the super bullish game. Otherwise, if the current demand zones renders broken, next clean zone is ~$6500.

thejerichoway Updated 

The squeeze is in, we have 3 levels which might save us from going down to the Pit of Doom : 1. There's a 3D level at ~10000$ , which might get pierced through quicker than imagined, since it already got smashed several times 2. There's a 1D level at ~9400, which aligns with lower BB, therefore it should be stronger than average 1d line 3. The third and the most...

thejerichoway Updated 

1W divergence on MFI, RSI, StochRSI nice double top formed, which should end up between 9100-9365 in order to be complete BB - looking for the touch with the SMA20, between 9100-9300 as well 3D divergence on MFI and RSI RSI looking for a bounce from the 50 line the last time we went <50 was basically the start of the bear market BB seems...

thejerichoway

Last time shorts went to lows the price followed (1). What happens now (2) ?

thejerichoway

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thejerichoway

Bounce bounce

thejerichoway

4H Ichimoku: Price above the bullish Cloud, bullish TK cross and lagging span. All look good for long position

thejerichoway

Hidden bullish divergence, adding up to a stack, to pop the historic price resistance, as well as the ATH fib line