Bitcoin Cash took center stage in the past 18 hours, making some in our chat community 6 figures of profits, so far, in less than 18 hours. This was the message given to our community, at the very first break upwards, when BCH was still under $310: “I just checked on bch, which is now at an energy point. It is breaking upwards quickly. if you are not following this, you might want to watch carefully…”
This break was not a big surprise to me, nor to others in our chat community. I am sure that more than a few were skeptical that bitcoin cash was going to roar to life, but at least a few had faith, and that faith was rewarded. And the best part is, imho, the rally has only just begun. We will see $1,000+ BCH in the not-distant future – imho.
This is a very short term setup of the coin’s rally. It reveals a target of a bit more than $800. The longer term setup shows a target FAR higher than that. Of course, it won’t get there overnight.
Neo has had a huge rally, and has also made members of our chat community alot of money in recent days. We were all made aware of a buy signal just an hour or two ago, when NeoBtc was at 84. I suspect that the correction is over now, though that is still unconfirmed. Neo has a target much higher than it presently is.
ADX bounced off support and looks poised to rally to ~ 75.
Eth has been stuck at resistance for more than a week. It has long been a darling of coin traders, but imho it is over-tired and in need of a rest. It is a hold at best, imho.
As BTC was rallying towards the ATH, the question that was abuzz in the chat community was: “Is it time to buy BTC?” The answer was: “Not yet. We still don’t have a buy signal.” Instead we got a signal to buy BCH. The charts can be so very kind some days. 🙂
Remember: The author is a trader who is subject to all manner of error in judgment. Do your own research, and be prepared to take full responsibility for your own trades.
Get free weekly updates sent to your email inbox by subscribing for our newsletter.
Join our trading community, risk-free.
Here are a few unsolicited testimonials coming from members of our chat community in just the past few days:
Jim, I’m sure you love the feedback and I just wanted to let you know I’ve been studying the charts and trying to find the best entry points. I have to say I have never seen anything like this before that works so well. In the past 3 days I have already made about 80% successful trades based off the charts. After a couple more big wins I will definitely want to participate in your class to take it one step further. Thanks,
I remember when I called you about a month ago when I was in California because I was losing money in a bull market. To go from that, to how I am trading now is like night and day. I know I have thanked you before but I want to thank you again for being such a great and patient teacher. I used your charts the past 5 days as my main guide.
In the past 5 days, I have increased by account from 57k to 175k. But it should have been more. I sold NEO at 45 when I woke up this morning and I didn’t jump back in. Looking back, I was trying to figure out why I didn’t. And then it hit me…Fear. I had made so much money so fast, my instinct was to protect it. Instead of trusting the chart that NEO was still very bullish.
Just wanted to thank you for everything I’ve learned here Jim. In the past week I’ve doubled my portfolio.