BTC STR XLM XRP early updates 1 6 18 11:15 AM EST

NOTE: Charts have extra notes above each one — please read them —

Yesterday’s price action went almost exactly how patterns indicated it would — the safe strategy was without a doubt to get defensive and protect your hard earned profits.

However

Some mixed signals emerged at the close yesterday (STR/XLM most notably) that COULD leave you on the sidelines for some big gains in your ST/IT positions that you moved to cash.  On the other hand many other altcoins that were very bullish did not close bullish (XEM for example) so will STR/XLM’s pattern fail and down we go?

And what about BTC — see the chart below – -we’re still well in those channels — nothing is decided and trust us– it’s not because of Segwit of scaling issues for BTC — THEY are figuring out how to make the most money — and they plan to make it from YOU.

We’ll boil what is already a tl:dr post down to a few key takeaways

  • There is ALWAYS a bullish AND bearish case –  too many traders and sadly, gurus only want to focus on the bullish patterns and targets, or call for crashes.  The current market keeps showing amazing patterns then more often than not disappointing.  That means SOMETHING — and BTC’s holy grail pattern says it’s high prob it means something BIG – we need to prepare for anything and everything….

We say it often, but we can’t think of a time it’s been more important:

  • There’s ALWAYS another bus to catch.  The sidelines is a good place to THINK and PLAN — You got out of XRP yesterday?  There’s a SAFE trade opportunity to get back in today.  You passed on our high prob SC trade we shared (why?) — no worries — another bus is available.
  • Focus on trading SAFELY and profitably instead of trying to make every dollar you possibly can and you have a real shot at long term success investing/trading.

6 CHARTS – could show 100 today each with a story to tell — but these are good focal points no matter what you’re trading/investing 

BTC chart from yesterday–still valid–will only add closed higher with higher volume so today is follow through day and close could be important–we’ll update of course….

btc market wrap 1 4

sc bittrex early 1 6SC early 1 6

str early 1 6

NOTE: XRP chart from yesterday — reread that note–the green close 2 days ago with high volume adds to the bullish case and when added to the STR/XLM chart gives a SLIGHT edge to bulls–at least for XRP and STR

xrp early 1 5

NOTE:  we thought about showing LTC chart as price broke out of bullish flag pattern twice with target 315 range –but it pulled back both times = means SOMETHING that’s worth remembering for all large altcoins  – meanwhile ZEC just keeps grinding upward…..

zec early 1 6

This site is for educational and entertainment purposes only and not in any way intended to be investment or trading advice.  You are 100% responsible for your financial decisions at all times.  It is highly recommended you DO NOT  make any investment or trading decisions depending upon what you read on this blog/newsletter!  All information presented (c) 2017 JBP cons, inc.  All rights reserved.

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BTC ETH XRP STR XLM Early updates 1 4 18 10:15 AM EST

NOTE:  There are strong mixed signals in the crypto market — and to us that means CAUTION.  While BTC struggles at the 15000 range ETH is skyrocketing to get above $1000 for the first time — we recall that ETH shot up over $400 last cycle and that proved to be THE TOP for the market for some time (especially for ETH) — will that pattern repeat?

Too early to tell but there are growing red flags so our 3 keys to survival become absolutely key from TODAY until we get some resolution on the next BIG MOVE in the market (the Holy Grail Pattern)

  1. Lots of cash
  2. Take profits when you have them (or move up trailing stops)
  3. Have a VERY clearly defined entrance and exit plan for ANY and all ST/IT trades/positions.

Charts below tell more — lots of coins from the BTC Exchange are ramping up — that’s bullish but this late in a bullish wave cycle also can signify we’re near the END of that cycle — Watching XRP (Day 4 of reversal pattern) and BTC should prove helpful as to just how much cash might be best left on the sidelines —

Again — STAY SAFE — use CAUTION with all trades and be sure you have a LOT of cash on the sidelines at the end of each day — we can get back on the bullish bus with more funds once we know that bullish bus isn’t headed off the cliff which should be fairly soon…

MANY CHARTS — MIXED SIGNALS — THE BIG BOYS XRP AND BTC ARE KEY

Holy Grail Pattern details on Dec 30 — we’ll update soon but don’t forget it!!

btc early 1 4

The following 2 eth charts were from a sub special request — Remember ETH target $1250 range –but were working on $1000 first…..

ETH special 1 3 btceth special USD 1 3SC early 1 4STR early 1 4xem early 1 4xrp real time 1 3

 

This site is for educational and entertainment purposes only and not in any way intended to be investment or trading advice.  You are 100% responsible for your financial decisions at all times.  It is highly recommended you DO NOT  make any investment or trading decisions depending upon what you read on this blog/newsletter!  All information presented (c) 2018 JBP cons, inc.  All rights reserved.

BTC BCH ETC LTC DASH crypto market early updates 12 20 17

NOTE:  Welp — patterns kept us safe yesterday and cryptopatterns called yet another crash (think that makes us 4 for 5  or something like that for 2017– haven’t seen any system do better)

— but now we have decisions to make because EVERY crash in 2017 has been met with a strong recovery — SOOOO…..

will BTC recover and go to $20000?  Altcoins skyrocket?  We don’t want to go “all in” here but we DO want to take advantage of bullish set ups and not completely miss the bus if possible — how can we trade SAFELY now?

BCH and Coinbase have thrown the crypto market into chaos — or at least that’s what THEY want you to believe.

The patterns showed BCH very bullish and BCT due for at least a pullback for quite some time as we’ve covered here in the newsletter.  Seems like there’s always “news” that helps explain the charts — but focusing on the patterns and indicators and minimizing “the noise” along with SAFELY defined trades is your key to LT trading success.

That said, things are definitely chaotic and ANYTHING CAN HAPPEN — you have to accept that if you are going to survive –but here’s what we’re seeing now:

Altcoins SLIGHT EDGE TO BULLS  — Maybe something else is going on because only DASH, XMR and ZEC have really broken out — but we work with pattern trends and as of now the pattern is

DASH GOES FIRST (which it did as we showed you in real time update!) and rest of large altcoins follow.

That’s a lot easier to type than it is to trade as most altcoins have bearish patterns — but, as ETC chart below shows — they all have a moderate probability of creating pattern failure which could lead to good moves to the upside.

BTC – Indicators TOP is not in AND Bottom is not in = NO TRADING EDGE

The LTC chart we did recently for one of our most successful subs shown below gives you a feel for where BTC is at vs altcoins — LTC is about to break out with huge upside VS BTC

Does that mean BTC crashes and LTC holds steady vs USDT?  or LTC skyrockets and BTC lags?   Maybe this pattern fails and BTC goes sky high and LTC crashes (low prob)

Keep an eye on LTC/BTC and the USDT charts IF we see a breakout here — will likely tell a lot about the direction of BTC’s next BIG MOVE

SMALL HIGH RISK ALTCOINS ARE ON THE MOVE

We mentioned the coins on the BTC exchange were showing bullish signs–now we have breakouts from DGB, SC and BTS –all of which we’ve covered in the past with potentially huge upside.  FCT is at recent highs as we noted — it’s actually a larger altcoin but only trades in BTC (not in USD or USDT) — keep an eye on all of these coins

WAVE 5 IS IN FULL SWING — CAN END AT ANY TIME!

Now you’re seeing the chasing and huge volatility that comes at THE END of a bullish wave cycle — probabilities say this means a correction for most if not all cryptos is coming SOON  (BTC MAY have already started, we’ll see).

But as we’ve said, some of the biggest gains can be made at the end of a WAVE 5 so if you’ll commit to our 3 KEYS TO SURVIVAL — you can trade in this market (which keeping a LOT of cash available at all times!) until the music stops –which is likely sooner than later–so be ready.

FINALLY — GDAX which is the exchange for Coinbase is going to start trading BCH at 9 AM today (75 minutes from now) — PLEASE be ready for ANYTHING at that time including:

  1. you won’t be able to execute trades on almost any trading platform due to insane volatility (mod to high prob)
  2. a full market crash as BCH and BTC moves in HUGE swings
  3. altcoins crashing even though some have broken patterns –remember CLOSE IS WHAT MATTERS

In other words — they COULD end WAVE 5 TODAY — low to mod prob based on patterns–but pulling the rug at any time means ANY time

STAY SAFE!

MANY CHARTS — STILL MORE BIG MOVES COMING. END OF CYCLE NEAR?

dash real time 12 19etc early 12 19LTC btc 30 minute special 12 18LTC btc mkt wrap 12 17

sc early 12 19

 

 

 

This site is for educational and entertainment purposes only and not in any way intended to be investment or trading advice.  You are 100% responsible for your financial decisions at all times.  It is highly recommended you DO NOT  make any investment or trading decisions depending upon what you read on this blog/newsletter!  All information presented (c) 2017 JBP cons, inc.  All rights reserved.

BTC DASH crypto market wrap Vol 7 Issue 2 12 3 17 10:45 PM EST

NOTE: Travelling with different computer so charting is sketchy but wanted to get update to subs and guest to keep you on top of patterns and indicators.

DASH continues to be the chart to watch so we’ve tried our best to update it below — however here are some other highlights you can check out on the charts based on our review of the current situation.

BTC’s and BCH’s  nice recovery from lows today keep the bullish case in play -we shared yesterday that flag and pennant patterns can drop quite a bit and still be valid — now if we don’t see action to the upside in next 24 hours—different story…. Also means SOMETHING that BTC and BCH are moving together….could be very bullish or red flag — next day or two plus watching DASH will help determine which….

REP — apparently didn’t like our comment about being strange from early updates — now has very bullish pattern along with POSSIBLE wave pattern showing targets much higher — for now if your research supports the bullish case for REP highest prob is scale in SLOWLY as REP has a lot of work to do to prove it’s breaking out –especially REP vs BTC

—-Other large altcoins had lower low reversals today –– strongest would be ETC but also seen on ZEC and as mentioned DASH — not same pattern on other altcoins so that only slight edge to bulls for continued upside prices confirming  this pattern, but still moderate to high prob of test of moving averages for many cryptos in near future (1-6 days).  Would be nice to see these coins move up with high volume to support bullish case today.

MODERATE SIZE CRYPTOS that trade on the BTC exchange showing POTENTIAL bullish patterns — Best examples here are OMG STRAT and VTC (THE WIDOWMAKER –careful!!)–none of these patterns are high prob trades at this time…. same for:

SMALL CRYPTOS WAKING UP — We see bullish patterns beginning to emerge in old favorites DGB and SC (where patterns called a 500% move back in the day)

Add to the last two comments that ARDR closed with an edge for bulls and there are

THREE POSSIBLE PATHS FOR NEXT BIG MOVE we’re assessing the probabilities:

  1. A ROTATION for large altcoins over to the BTC based smaller and moderate size coins that have been destroyed over the last 2-3 months
  2. An explosive move in the entire crypto market –setting up the likely upcoming correction
  3. A complete headfake and just take the market down from current levels sooner rather than later.

TRADE STRATEGY IDEAS –as of right now still SLIGHT EDGE TO BULLS

Watch the clearly defined stop range on DASH (as well as ETC) closely = yesterday’s low  should be a good indicator for BTC and large altcoin market based on recent price action.

The 3 keys to trading in this market of course still apply — see today’s early update if you need a refresher….

For now, on the mid and small cap cryptos – we think the highest prob trade strategy is to find the coins you have the most confidence in and scale in a VERY SMALL position and add very slowly if you see prices drop — consider it an IT/LT position and be prepared to use a wide stop range which could mean you are willing to lose 30-70% of the funds invested (when we say small position we mean it)

There is so much upside in some of these altcoins that a small position can produce great returns if it explodes right now — AND you can always add on the way up — NXT showed a great example of how that could work over the last 2 days.

This is simply not the time in the wave cycle that you want to be fully invested — so error to smaller vs larger positions — Or you could play it really SAFE and not front run the emerging bullish patterns on these smaller cryptos as there is plenty of upside if they breakout and confirm — so you could add as a “momentum trade”

More charts soon — meanwhile do your own study and watch for BIG MOVES — as today proved, in current conditions then can and do come at ANY time.

dash12317

 

This site is for educational and entertainment purposes only and not in any way intended to be investment or trading advice.  You are 100% responsible for your financial decisions at all times.  It is highly recommended you DO NOT  make any investment or trading decisions depending upon what you read on this blog/newsletter!  All information presented (c) 2017 JBP cons, inc.  All rights reserved.

 

 

 

 

should be able to improve charting soon but meantime any questions write us at

 

 

This site is for educational and entertainment purposes only and not in any way intended to be investment or trading advice.  You are 100% responsible for your financial decisions at all times.  It is highly recommended you DO NOT  make any investment or trading decisions depending upon what you read on this blog/newsletter!  All information presented (c) 2017 JBP cons, inc.  All rights reserved.

BTC DGB ETH SC crypto mkt early updates 8 15 17 9:40 AM EST

NOTE:  PLEASE READ NOTE BELOW ON SC — EVEN IF YOU DIDN’T TRADE IT.

Three cryptos worth watching in addition to the charts below are

  • LTC – we’ve called for a retest of $40 for some time – low so far today $41.19
  • BCH – study how it moves if BTC continues to correct – so far has hovered around $300
  • NEO – has dropped as expected – now watching for divergences which could indicate high prob trade – adding recent chart to show some entry strategies.

We’ll provide updates in separate posts.

3 CHARTS –

  • BTC SHOWS WHEN A STOPPED OUT TRADE IS A BETTER TRADE
  • SC SHOWS THERE’S PLENTY OF $$ TO BE MADE ON THE LONG SIDE W/O SHORTING!
  • ETH SHOWS THE USDT MARKET MAY BE IN SYNC W/BTC – NOT NECESSARILY A GOOD THING!

btc early 8 15ETH early 8 15

If you did not take the SC trade — it’s important to ask yourself why? — if it simply doesn’t fit your trading strategy then that’s great — TRADE YOUR PLAN.  But we noted SC had many bullish patterns and would be likely to benefit from a pullback in BTC and scaling in reduced risk even further so this set up was about as strong as you’ll find in trading.  That doesn’t mean it won’t reverse today and not show a great return—it just means there was very little risk with great upside = VERY SAFE TRADE

Study the set up and why we indicated trade was high prob so you’ll know what a great set up looks like when they arrive for cryptos you choose to trade– more busses are coming!

sc early 8 15

This site is for informational and entertainment purposes only and not in any way intended to be investment or trading advice.  You are 100% responsible for your financial decisions at all times.  It is highly recommended you DO NOT  make any investment or trading decisions depending upon what you read on this blog/newsletter!

DGB FCT SC XEM BTC real time update 8 13 17 2:10 PM EST

NOTE:  All trades for cryptos only traded on BTC exchange should be positioned with BTC’s potential for huge upside in mind.  That said there are bullish patterns and safe trades to consider (especially if scaled in).  These are definitely not trades to go “all in” but we want to stay aware of the BTC exchange cryptos as they have been beaten hard with BTC’s upside and some have shown good LT indicators — we cover 4 of those here.

dgb 8 13 real timeFCT real time 8 13SC real time 8 13xem real time 8 13

 

This site is for informational and entertainment purposes only and not in any way intended to be investment or trading advice.  You are 100% responsible for your financial decisions at all times.  It is highly recommended you DO NOT  make any investment or trading decisions depending upon what you read on this blog/newsletter!

DGB SC real time update 7 24 17 11:25 AM EST

NOTE:  These set ups look a lot like you see in a bullish wave BUT WE’RE NOT in a bullish wave, and if this is the start of one, it’s certainly NOT confrmed.  Please position accordingly–STAY SAFE

Showing DGB chart from early update and current SC trading strategy.

sc real time 7 24 17

dgb early 7 24

This site is for educational and entertainment purposes only and not in any way intended to be investment or trading advice.  You are 100% responsible for your financial decisions at all times.  It is highly recommended you DO NOT  make any investment or trading decisions depending upon what you read on this blog/newsletter!  All information presented (c) 2017 JBP cons, inc.  All rights reserved.