HeyJonBray

HeyJonBray

Here's my long-term outlook on GNS. Fundamentals: Looking at Gains Network Price-to-Sales (P/S) and Price-to-Fees (P/F) ratios both indicate that GNS is extremely undervalued (by between 4-16x) when compared to the same ratios of similar platforms. Daily trade volume and daily users are increasing linearly, while daily trading fees has begun to grow...

HeyJonBray

Now is a time to be very careful trading, even though price has seemed strong and doing well, if we take a closer look at a few points on the ETH/USD chart, we can vastly improve our trading outcomes. I don't expect we're going to start a bull run soon, there seems to be some accumulation that needs to happen still. I'll explain through this post on why I believe...

HeyJonBray

In the current price range and liquidity zones, we see significant selling pressure (bears in control), with not-so-significant buying pressure (bulls not interested in holding longs). This can be ascertained by the cumulative delta at three points in time when the price was at the current level, creating pivot points for reference: June 15-23 Aug 31-Sep 7 ...

HeyJonBray

It's been a rocky (and likely stressful for those who are not properly hedged against negative BTC price movement) few months for crypto, but here's my take on the situation for BTC/USD So there's some good news and bad news, and neutral news. Bad news first : There's definitely more to go, we haven't completed the cycle just yet and smart money knows a better...

HeyJonBray

With one of the worst economic depressions and war brewing between superpowers on the horizon I thought it would be a good time for my bi-annual for my 6mo. BTC projection going towards the summer. My last year's ETH projection played out more or less exactly at the price points expected, although timing them is difficult (with many spiteful comments from ETH...

HeyJonBray Updated 

See most comments on the chart, was explaining to someone over screen-share and decided to leave it instead of writing everything up. Basically we have two patterns I see that may be playing out. One takes us past the next ATH, the other could see us in the low $30k's. Let me know what your thoughts are, with all the usual suspects (altcoins) making their gains...

HeyJonBray Updated 

This is my 6 month outlook on ETH. I try to chart as unbiased and emotionlessly as possible. I learned to trade using Wyckoff's method and place heavy importance on supply and demand as represented by volume to back up any price movements. Plus I saw the new and very well designed Volume Indicator by @BobRivera990 and had to try it out. All price action is...

HeyJonBray

Bitcoin is at a pivotal level for price, and indicators show a move is incoming. Nationally, overbought conditions and other fundamentals make a bull market or at least a substantial dip likely. Global economics has people seeking safe havens from fiat currency. Other top tokens (including EVM tokens, perhaps not Ethereum) should follow suit closely with BTC. ...

HeyJonBray

Currently we're in a bullish triangle pattern on 12H chart. This most recent run has been more or less a fractal of the previous run earlier this year; with the triangle pattern matching perfectly that of June 12 - June 18. The movement of #BTCUSD could strongly influence how this plays out; or Cardano's recent partnerships in Africa and around the world could...

HeyJonBray

Aside from wicks (due to average of multiple exchanges) descending triangle forming with volume/price divergence leaving low price open for large movement. Could go either way. Keep an eye on key fib levels marked in chart. Wait until break out of descending triangle and above 0.382 fib before entering buy $2.55 to confirm the breakout is not false to liquidate...

HeyJonBray

Noticed a perfect example of a classic Wyckoff accumulation playing out on the 6H, and wanted to do an explanation of how instructional investors and whales define support and resistance zones and use them to shake out retail investors during accumulation. The Wyckoff method plays out in every market that has institutional investors. Once defined, understanding...

HeyJonBray Updated 

Technical analysis would show the following: a. 3H : RSI and Price movement are in alignment. b. 12H : RSI Divergence from price for a long period of time. c. 3H : Support & resistance at $46.5k ± ~$1.5k, and ~$50k respectively. d. 12H : Support & resistance at $33k ± $2k, and ~$50k respectively. Market momentum (green line's dominance over white...

HeyJonBray Updated 

Bitcoin has undergone a paradigm shift recently. It's not retail investors and niche buyers experiencing FOMO, this time around it's billionaires, multinational corporations, investment firms, and even nation-states. I don't trade on fundamentals, I need to see indicators confirm something quantitative (usually on multiple time frames) before executing most...

HeyJonBray Updated 

Bitcoin is looking absolutely great right now, sitting pretty at the 1.618 Fib extension from the March low. This is my first analysis which includes the "D.M. Ward Method". At this level, I would expect profits to be taken, leading to a pullback, possibly to the 100 MA @ ~ $11.5k. On March 12, substantial selling volume led to a 64% decrease in price. The...

HeyJonBray Updated 

See some patterns that I've seen before. 31 day bull market to previous ATH, followed by a ~65% drop before the same pattern played out almost exactly the same over 62 days. I have mapped out the next bear market as twice that of the previous, but I think it will not be quite that long as the volume accumulation/distribution is still bullish overall, but it...

HeyJonBray Updated 

I'm ready to start making gains on $LINK again, I don't know about you guys. We've got favorable conditions for some profit over the next month if things play out accordingly. As always, DYOR, but the way things are looking on the daily, in my opinion LINK is continuing it's consolidation with slowing velocity and unless the price closes well below support or...

HeyJonBray Updated 

Daily GXSBTC volume has diminished quite a bit, and we are seeing the immediate aftermath of huge volume accumulation. That increase in volume and buying pressure set off a pump, and a long exhausted wick set the market sideways. Just a few candlesticks can tell us a lot - we recently had all GXS on the market from ~4700 sat to ~6000 sat bought up in a single...

HeyJonBray Updated 

Looking at the 4h chart, we have a recent swing into a bull run—minor in the grand time-frame, but accumulation confirms that BTC is likely to break upwards. Despite volatility in the price, we still see a strong accumulation trend throughout the entire time BTC is trading above the most recent support level, roughly $8740, and basically spot on the 0.263 fib from...