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Look where pengu was when stochastic rsi was low before... now look where stochastic rsi is now....
.012 will go by fast ... closer to .014 by the time daily is overbought again.. imho
Daily chart often takes a week or just over a week to play out..
Good luck!
NFA
~JiJ
As of today... at 10am pst the Clarity act passes.
This paves the way for banks and regulators.
What is your thoughts?
Was clarity a good thing or bad?
Lets get a discussion going.
-JiJ
That 4HR CHART is about to push from oversold... im expecting this next leg up to pass .012xx
Happy Friday ppl!
Hang on! There's not enough swing in the price currently to try and accumulate more pengu without spending more... fees will kill you.
Btc is about to go to 84k in next week or so...96k in 6-8weeks... (imho)... this will push up entire market.
Good luck!
NFA
~JiJ
Pengu nearly hit .012... a correction was inevitable... however... now pengu 4hr chart os oversold and correction is nearly done. It might go as low as .0097... which is support... but to stay in structure we should turn back up somewhere near hear for another stab at .012+
Like I taught my kids when they were little and learning to ride their bikes.... they would stop on the hill... then try to go again. It would be hard! ... so id say to them. "Go down first then turn back up!" ... was a life lesson and light bulb moment for them.
Sometimes you gotta go down to go up.
NFA
-JiJ
So.. pengu is moving as predicted. .012 will likely face resistance and then pull back to support.
Stochastic rsi is very bullish still in the overbought zone... daily is curved upwards with another push into overbought... (not shown)
Im expecting pengu to reach, tap and get rejected at . 012353 .... then slip to .011 to test support in a slow fade see saw kinda way... maybe hang out in that line for a bit before next leg up to new local highs past .012...
For now... this is my thoughts.
Good luck! Hang tight!
NFA
~JiJ
Btc has been pretty bullish ... even in the face of some downturn setups..... statlrting to push out of bear top zone.. 79k as we speak.
Have you seen the daily and weekly charts?...stochastic rsi? ... looking super bullish to me.
Then there is monthly.. stochastic rsi crossed bullish.. but not out of the oversold zone yet.
What you seeing?
~JiJ
Back to the regular scheduled program. Pengu to reach .012 in the not so distant future.
Pengu is still ready to rock... market makers did a stop loss hunt. Hope you were not a victim of the stop loss hunt as it quick dipped to .095x
4hr chart is reset and rdy to rock! I smell .012 on the horizon... .01066 should become support here soon.
Good luck
NFA
~JiJ
Looks to me like a bullish pennant is forming on the 4hr chart.... weekly is still bullish... 4hr resistance is .01066 ... but i think weekly is going to push pengu to .011+ and may even take a stab at .012 before the daily chart (currently was overbought and needs a reset) ... then heads back to .0098 support.
Will see... but things are looking up... especially as BTC weekly is also bullish and entering overbought zone... often the biggest pushes come as indicators enter overbought zone on stochastic rsi.. (between 80-100 stochastic rsi)
Good luck!
NFA
~JiJ
HEY! Im new here... I do chart reads for various tokens and for my discord. I also do tiktok vids and repost them in my YouTube incase someone doesnt have tiktok. You can find my socials in my profile or website at the bottom of this post.
That said.... id like to share a couple SOLANA based tokens that have fantastic utility.
🔊1. WOLF .... this is a fantastic token. The dev team has injected over 650k into 2 liquidity pools as they anticipate a launch of the Byrrgis app for crosschain trading and vetted coin packs. The launch is coming up soon sometime in MAY. Their native token WOLF if partnership with Byrrgis for a new trading eco system like no other.
https://dexscreener.com/solana/5Pce2B55ms8b2uFyptCnVNkPrtzpyKLe5HtMc8UymWxB
Check it out... I wouldnt sleep on it.
🔊2. QUP - another token on Solana... they have an app out already on the Playstore and applestore. This app is designed to speed up line ups ar bars... venues... restaurants and more. They have 3 places using the app full time already. 2 bars and a taco restaurant. Alot more to come. Its super early.... the token will be used in the near future for their reward system. I reccomend you not sleep on this one either. The app in the store (legit 100%) is drinqup.
https://dexscreener.com/solana/GpoAMCyi4RgKeDVVbK8Sbxd5B6ehnftxr16xptAv6PTP
🔊JiJ - I have my own token also.. the info is in my reddit profile. Or you can visit...
Its also very early.. and lagging a bit in development... the downturn of market sentiment has things on hold while I work on funding ... but we are still cooking. The other mentioned coins will be well ahead of my community token.
Hope you have a great day!
NFA
~ JiJ
Made a new vid for tiktok and YouTube today... check it out!
TikTok
https://vt.tiktok.com/ZSHcokfvf/
YouTube
https://youtu.be/KNphnumfNcI?si=yoKkTPvPYSYvL5Ya
Love to hear your thoughts and comments.
Happy Friday!
~JiJ
Welcome! Say hello!
Bull market is upon us! Head on over and check out our discord and other socials!
🔊DISCORD
🌐WEBSITE
⏰️TIKTOK
https://www.tiktok.com/@jump\_in\_charts?\_r=1&\_t=ZS-95cOFCMzD0S
📺YOUTUBE
https://youtube.com/@jump\_in\_jack?si=0OFA0jLiezaDOxVA
Looking forward to seeing you all there!
~ JiJ
Well... bitcoin is looking bullish af...
Stochastic rsi bounced off support.. its now pointing up ans has a bullish cross over.
You can see previously when stochastic rsi was this low the bull market began. And here we are again.
BTC is highly probable going to be at 96k resistance in the next few months... and then likely new all time highs will follow after that.
Bear Season is over ... and wont be like previous seasons... time for the bears to go into hibernation and bulls to emerge again IMHO.
Not Financial Advice
~ JiJ