ETH Ethereum Real Time Update April 20, 2018 9:05 AM EST

NOTE:  Volumes are strong for large altcoins early today which means the bullish case is looking for confirmation of the breakouts we’ve seen last few days.  Of course it also means close is important and closing red today would likely signal more downside is higher prob than meeting targets.

That said, additional bullish signs include:  XBT did spike in volume as price rose above key $8400 level and we’ll note that BCH has already met its current pattern target so if it can close above $1000 that would mean SOMETHING for large altcoins.

Be sure to continue with trailing stops and/or taking profits along the way for ST/IT positions. We’ll continue watching and updating as patterns play out.

 

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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 ETH crypto Market Wrap Vol 11 Issue 2 3 12 18 9:30 PM EST

NOTE: Patterns are emerging that can help define SAFE trades for key cryptos BTC and ETH (as well as most other major altcoins — see daily charts for details — examples LTC, BCH and XMR) — there are some differences but not enough to shift highest prob trades based on BTC and ETH).

We’ll update more often as breakout/breakdowns emerge — for now highest prob ST/IT Trade Strategy continues to be patience and waiting for market to prove itself (or at least STOP proving itself BEARISH!!)

3 CHARTS — WHEN IN DOUBT — STUDY THE KING AND QUEEN — AND OF COURSE  THEM

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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.

ETH Ethereum crypto market real time update 1 9 18 6:00 PM EST

NOTE:  We’ve hinted at the relative strength of ETH for the last several days, now patterns are confirming it and we have charts to show you what we’re seeing.

ETH is making new highs while BTC and most altcoins are down or flat.  If you look at the daily chart you can see ETH has been up every day for the last week and as the 30 minute chart shows has now broken out of a large bullish inverse head and shoulders pattern (also created pattern failure from early updates today) with a target of

$1500.

You might remember a situation just like ETH’s current pattern, only it was BTC about to “go parabolic” and skyrocket to $20000.

If ETH is about to confirm it’s own “BTC Parabolic Pattern” we should see

  • more upside with very light pullbacks (along with an occasional spike down to scare out weak hands) and
  • key price levels taken out easily such as $1500
  • lagging performance from the rest of the large crypto market — with the POSSIBLE exception of ETH related coins like ETH ZEC and REP that have correlated with ETH for well over a year.

TRADE STRATEGY

We’re sharing this update before and CLOSE IS WHAT MATTERS so keep that in mind – but the current set up offers a SAFE TRADE STRATEGY so we wanted subs aware of it

Enter — on dips

  • CONSERVATIVE Stop loss range — under right shoulder of bullish pattern <$1175
  • MODERATE/HIGHEST PROB — bottom of bullish pattern <$1100

We don’t see a high prob trade in using a “scale in” along with an aggressive stop loss at this time because

WARNING

If ETH turns bearish here (falls back into it’s bearish pattern and especially below <$1100) following current BTC’s slow steady drop it’s moderate to high prob we’ll see a market wide drop that could be fast and significant — better to enter LT trades for ETH or your favorite coins once this current ETH Parabolic Pattern situations plays out.

What about your other BTC and altcoin positions?  We said in early updates to stay in SURVIVAL MODE and execute your stop ranges on ST/IT positions if they hit without hesitation — for now the current set up does not effect LT positions.

STAY SAFE — WE ARE CURRENTLY IN A VERY DANGEROUS VERY VOLATILE MARKET

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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 ETH STEEM Crypto Market Wrap Vol 6 Issue 10 11 22 17 8:20 PM EST

Note: Just about everything looking bullish in the world of cryptocurrencies, so you know that has us nervous — but we have been looking for big moves this month, and so far have not been disappointed nailing two of the biggest in BCH and NXT.

Today, our “blue chip” altcoins DASH and XMR joined the group — and there are many other altcoins moving up nicely while BTC is NOT moving down —

Are we there yet?  Is the CAN’T LOSE CRYPTO MARKET back?

It’s possible — and we’re starting to see signs that it COULD become probable — but there’s one HUGE RED FLAG that just won’t go away:

ETH

ETH shook off yet another hack job for millions and has moved up near it’s all time highs vs USDT but is lagging BTC and other altcoins badly – -how is this possible when ETH is the “new internet”?

Something’s gotta give on this for a true bull market to rage on — we cover much more in the following charts — meanwhile you’ve had great opportunities to get positioned so buying or selling is not high prob at this time — firming up your trailing stop and hard stop ranges IS high prob for profits — because if we don’t move up– high prob we will move down — at least altcoins and maybe BTC too….

4 CHARTS — ETH HAS THE BALL

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ETH MARKET WRAP VS BTC 11 22

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We wish all our subscribers who celebrate the holiday a Happy Thanksgiving.

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.

ETH Ethereum real time update 11 13 17 10:15 PM EST

NOTE:  As longer term subs know we are always on ETH watch…

Patterns are neutral to slight edge to bears — however — we’re seeing bullish action along with ETC so far since the close.  It’s certainly possible ETH could become VERY bullish with a breakout today with high volume –so watch for that.

ETH does have a LT bullish chart and could be a part of the new “hedge fund” influence in that most new crypto hedge fund investors have only heard of BTC and ETH so maybe they pump up the price?  ZEC bullish and REP is moving up slightly so maybe it’s just a momentum move?

If Altcoins are headed higher ETH could be a trade but nothing supports going “all in” that’s for sure…

Just keeping you informed–much higher prob trades out there but you see spikes in cryptos all the time — in any case ETH watch continues

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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 ETH ETC crypto market early updates 11 10 17 12:10 PM EST

NOTE:  BTC broke the “line in the sand” which throws the entire market into uncertaintly –however, probabilities will start to clear up after the close today.

BCH confirmed its bullish pattern and is showing the signs of a bullish wave, but as the chart below shows — a reversal before the close would not be bullish.  We see a big drop for BCH as low to mod prob because as we mentioned last night in our “tells”  – that sort of explosive move is what we’re looking for (and have not seen) for large altcoins that usually shows up at the start of a new bullish wave.

Altcoins are flat or even down even with BTC falling — that COULD support the bullish case for BTC and raises a red flag for altcoins (we know there are indicators lows could be tested.

However, we also know several large altcoins have strong bullish charts so we’ll call that “no trading edge” and just hope you took some profits at the highs yesterday as probabilities indicated was a good idea 🙂

Finally–we share our latest charts on ETH and ETC — so far today they are moving the way patterns said they should move, but we have not seen BIG MOVES and until we do best to work on a clear trading plan that keeps you safe if you have a position in ETH or any related coin (ETH, ZEC, REP)

4 CHARTS — BCH 2500 — WE SHOWED WAVE CHART MONTHS AGO — NOW IT’S SET UP!!  (only moderate prob for now)

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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 ETH LTC STR crypto mkt early updates 10 7 17 10:00 AM EST

NOTE:  The pattern that appears to be in place is one of uncertainty with a slight edge to the bulls — at least for BTC.  The rest of the large crypto market is moving in fairly tight  ranges with a few exceptions including STR, XRP and NXT.  Probably worth noting how these are the lowest cost large cryptos which is an indicator of manipulation.

We’ve mentioned that altcoins might become an incredible buy at some point here — and the 3 above have done very well (2 of which patterns identified as high prob trades).  However, we don’t think these moves are a sign that the big move for altcoins is here.  We need ETH, LTC, BCH and DASH to show us something — ETH is at the door (see our ETC chart for more on that)…

Meanwhile best to stay a bit smaller and more defensive and lower expectations for returns till more clear bullish patterns emerge for the larger cryptos – or we see BTC break out — or both….

MULTIPLE CHARTS – DON’T GET GREEDY — HIGHEST PROB – TAKE SOME PROFITS

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NOTE:  Prices in the note for STR are in USDT but chart is in BTC — the targets are the same on both charts.

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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.