BTC XBT ETH XRP ZEC crypto market early updates 3 14 18 10:45 AM EST

NOTE:  The XEM and ARDR safe trades shared both proved very profitable very quickly — We’ll be watching for more trades like that (and sharing them of course)– but these strong moves up have not had any impact on BTC or the large altcoin market.

BTC chart shown in real time yesterday shows breakdown that’s happening now.  So far key 8400 support has held but we’re still early in the day.  8400 is tradeable but patterns show there are lower (possibly MUCH lower) targets so using <8400 as a stop range is highest prob for SAFE trading.

If you’re not anxious to trade BTC Sidelines for ST/IT and waiting for a clear bullish pattern to enter/reenter trades is a valid, SAFE and likely profitable trading strategy as well.

ALTCOINS — MAJOR RED FLAGS — FOR SOME? OR ALL?

The ZEC and XRP charts shown below show the story —  Crash lows are the clear

LINE IN THE SAND 

In similar set ups over the last 12-24 months, if 1 large altcoin broke an important target, they all did — this time COULD be different and most key altcoins are not in nearly the danger that coins like ZEC and NXT are (Again, STR and REP have already broken lows) — but this needs to be watched carefully as it could have a major impact on trading strategy ST/IT AND LT.

Finally — keep an eye on ETH — chart from 2 days ago shown again below for refernce — next 2-3 days highest prob for a strong reversal to test moving averages — or pattern failure and a high prob test of crash lows…..

5 CHARTS  – NOTHING BULLISH GOING ON FOR BTC OR LARGE ALTCOINS FOR NOW

first two charts are BTC and ETH from prior posts for reference….

BTC real time 3 13ETH market wrap 3 12

xbt early 3 14XRP early 3 14zec early 3 14

 

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.

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BTC BCH LTC XLM XRP ZEC real time update 2 3 18 10:50 AM EST

NOTE:  As stated in early updates — the current trade set up doesn’t depend on the bottom being to make money.   HOWEVER, if we see consistent confirmation of a new bullish wave, we can go a little slower in taking profits or use a bit wider trailing stops.

So here is our analysis from 1/19 that detailed the case for a new bullish wave — you can study this and add the BTC chart from today (included again below) to help you decide how you want to play any ST/IT trades you may choose to make before we find out exactly what’s going on right now:

Protected: BTC XBT ETC STR XLM crypto market early updates 1 19 18 10:20 AM EST

password remaincalm

THE CURRENT BULLISH PATTERN TRADE – SOME BREAKOUTS ALREADY BUT NOT A SURE THING….

Here’s a brief checklist about the current bullish pattern to watch for that are consistent with a new bullish WAVE 1:

  1. The bullish pattern is on every key crypto’s chart (see early updates and 5 new charts below) — we’ve shown you before that “in sync” means something — at the least it usually means stronger moves.    CHECK
  2. Wave 1’s are not necessarily powerful, they are designed to keep you scared, so while they often start with a strong move to keep you waiting for a pullback to enter, they will not usually skyrocket straight up to targets.  That said price action should be bullish overall with the trend moving up.
  3. If you see steep drops without reasonably fast recovery that’s a red flag that we are not seeing a bullish move but rather a headfake
  4. Wave 1’s are almost always retraced — so even if we take off here, it’s mod to high prob we’ll come back and revisit 50-100% of the bullish move for WAVE 2 before th emost powerful WAVE 3 –so now is not the time for FOMO IT.

and most importantly

5.  Patterns meet their targets — this one can take awhile but we are lucky we have clear stop loss ranges for BTC ($9150) and key altcoins (ETH $1000) that can allow us to trade SAFELY no matter what kind of move this is.

6 CHARTS — Either a spectacular headfake or bulls are trying to take the ball back…should know soon…

BCH real time 2 3btc early 2 3LTC real time 2 3STR real time 2 3XRP real time 2 3ZEC real time 2 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) 2017 JBP cons, inc.  All rights reserved.

BTC DASH ZEC crypto market wrap Vol 9 Issue 5 1 25 18 7:15 PM EST

NOTE:  We may keep grinding around frustrating bulls and bears, but today’s close offers some very interesting patterns and indicators and a unique SAFE trading opportunity NOW.

First and most importantly, BTC is always key and is a RED FLAG — BTC closed slightly red below yesterday’s high (with lower volume)   — that is a higher high reversal which is usually bearish and indicates more downside.

ETH is even a bigger red flag as it closed red with a bearish higher high reversal pattern with HIGHER volume….

The XBT Futures did  the same thing but closed GREEN (less bearish than a red reversal)

BUT, an intriguing TRADEABLE bullish case has emerged:

STR/XLM had another bullish day closing above yesterday’s high with similar volume as yesterday.  Higher prices are  still high prob for STR/XLM — STEEM also confirmed its bullish move with a close above yesterday’s high.  That sort of  strength is  rarely seen in a altcoins when BTC  closes bearish.

Also very importantly, DASH, who we covered this morning closed BULLISH — we know DASH is a powerful indicator for the bullish case…AND if you’re not intrigued yet we’ll add

ZEC closed green with a bearish reversal pattern but has already gone higher as we write this post!  Charts for DASH and ZEC below….

What  does all that  mean?  A SAFE TRADE OPPORTUNITY — see details below

 

 

TRADING STRATEGY

Today’s close presents a unique opportunity to enter a SAFE trade using a price below yesterday’s low as a conservative stop loss range.  Moderate and aggressive stop losses can be considered as well — see prior posts for ranges for your favorite crypto — write us at cryptopatterns@gmail.com with any questions

The upside is significant, especially if we see a high volume day, and our BTC ROADMAP is still right on track — so as long as it fits your trading strategy and you accept the risk that you ABSOLUTELY can lose money (you don’t need to go all in– trade an amount where you can trade with confidence -that’s how you improve!)

— a SAFE ST/IT trade is on the table — your call….

3 CHARTS — THE BULLISH CASE READY TO CONFIRM?  (STR and STEEM not shown–bullish close — see daily charts for details)

BTC mkt wrap 1 25DASH mkt wrap 1 25ZEC market wrap 1 25

 

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 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.

BTC ZEC OMG FCT Real Time Update 12 17 17 1:45 PM EST

NOTE: We prepared these charts an hour or two ago and held off sharing to see how things moved relative to BTC….

While it’s still unclear how Altcoins will move if BTC drops further these charts have proven accurate and offer trade set ups so we’ll let you review them and decide how they might fit into your trading strategy–just keep in mind that drops in a market like this happen quickly and steeply so please use clear stop loss ranges.

FCT real time 12 17

Here’s yesterday’s OMG chart again–update below:

OMG early 12 16omg real time 12 17

ZEC’s going to $750 while BTC drops to test moving averages?  Trade this one carefully…..or if BTC skyrockets along with ZEC maybe you can be a bit more agressive with a tighter stop……(must use a stop range on these trades–projected moves this big buy and hodl large positions not safe!)

ZEC real time 12 17

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 BCH DASH ETH XMR XRP ZEC crypto market wrap vol 7 issue 10 12 14 17 3:45 PM EST

NOTE:  Several charts below assume we close similar to the time we wrote post — PLEASE double check all set ups to be sure the pattern analysis is valid!  Write us with any questions at

cryptopatterns@gmail.com

NOTE: We’ve gone overboard to share charts with you to paint the most complete picture of the crypto market as possible — the two we’ll be watching most closely are

XMR  and FCT — so we start with those

Why those 2?  Longer term subs have seen the predictive power of XMR (doesn’t work every time — nothing does–but works a lot)  and FCT is a great representative of the BTC exchange which has destroyed many crypto traders but now is showing signs money might be rotating into it — and we think that’s bullish for then entire crypto market — AT LEAST FOR THE SHORT TERM.

We still urge CAUTION — take some profits when you’ve made 25-50% — at least tighten trailing stops, and use slightly smaller positions sizes — these are the highest prob trading strategies to help you PROTECT YOUR GAINS.  As of now, that’s more important than making new gains — just in case all these amazing bullish signs don’t play out (exactly the conditions we’ve told you will be in play when they start a correction!)

MULTIPLE CHARTS — VERY MIXED SIGNALS BUT SOME KEYS THAT CAN HELP YOU TRADE SAFELY

We start with our “indicator charts” FCT and XMR

FCT market wrap 12 14xmr market wrap 12 14

BCC market wrap 12 14btc market wrap 12 14dash market wrap 12 14eth market wrap 12 14XRP market wrap 12 14

zec market wrap 12 14

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 ETC NEO ZEC crypto market wrap Issue 7 Vol 1 12 1 2017 9:50 PM EST

NOTE:  The ON THE BRINK pattern broke out to the upside today for many large cryptos and there are other bullish indicators, but some divergences in volume are a red flag that means any ST/IT positions need to be managed carefully (take some profits, move up trailing stops).

On the other hand , targets for BTC and several altcoins are much higher than current levels so as long as we trade SAFELY there’s a moderate probability we will also be trading PROFITABLY –which is the goal.

Prices can just grind higher from here with some spikes down to shake out weak hands but, the bullish case would like to see an explosive move higher today for BTC AND ALTCOINS as they are well set up for it (several bull flag patterns) and buyers are still skeptical so this would have the bus take off without them yet again.

The bearish case calls for a surprise spike down that simply does not recover — this is NOT a high prob move, but that’s exactly how they start a lot of corrections so pattern and TA traders are fully invested and get hammered.  You see games like this played often during Wave 5’s so remember to:

  • Keep some cash on hand
  • take some profits along the way
  • have clearly defined stop loss ranges and PLEASE HONOR THEM — not a good set up to be flexible at all — make a decision and stand by it = STAY SAFE AND STAY IN THE GAME.

5 CHARTS — BTC ON THE BRINK IN A GOOD WAY SO FAR — NEO UNDERVALUED??- DID ZEC ALREADY MAKE IT’S HIGH?  WILL ALTCOINS EVER RECOVER VS BTC?  ETC SAYS “MAYBE”… 

NOTE: To see the ON THE BRINK pattern for any crypto we haven’t charted yet–just check the 30 minute chart — any questions let us know at cryptopatterns@gmail.com

BTC market wrap 12 1

btc market wrap 11 30

neo market wrap 12 1etc market wrap 12 1zec market wrap 12 1

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.