JakeBrandonCastro

JakeBrandonCastro

momentum play but also understanding the supply chain in gas/oil is an issue plus Russia/Ukraine issue may also affect this

JakeBrandonCastro

This is a short-term sentiment. Long term I do believe in bitcoin

JakeBrandonCastro

FDA approval on Jan 31st so this does have a time frame in which you can pull profits. They are partnered with pfizer on a drug that helps with HGH deficiency in human trials. Currently super low valuation and the fact that this drug will be in the public eye could make this pop. My expectations will be $6-7 for take profit but it could be more depending on the...

JakeBrandonCastro

This is something that will continue to show application in comparison to tokens that only hold value. Bitcoin has moved in the direction of smart contracts which allows us to buy and sell NFTs (when the contracts are in place) this shows that the people know where the value is. IoTX will allow us to have real world items communicating with each other. IoT or...

JakeBrandonCastro

I would say stay out... this is not a good time to buy... wait to see support catch up... if you have an exchange that allows for buy stops i would set one above 0.000043 it seems the momentum is with the bears currently

JakeBrandonCastro

SHIB has followed this chart for a while I will post a link to the chart below.. 0.000042 was a MAJOR support zone it looks like tons of people bought at that point. The floor will be considered 0.00004ish If you buy within the low 4's that will be a solid entry or reentry for SHIB!!!

JakeBrandonCastro

Looking at the diagram you can see that there are two cups I placed One is speculative and the other is clearly marking a cup shaped price action. This current price action leads me to believe that we will see a bullish run soon. The cup is there to essentially tell me "Hey if the price doesn't run this is what could be happening" I do think that 1.139 is going to...

JakeBrandonCastro

Currently SHIB is in a support zone I would suggest keeping an eye on this as we can potentially see this consolidate within the green box here. We may also see this fall to the next green box however I would recommend buying in between the two boxes to get a great averarge entry! We can expect this to lose another 0 before 2022 but I just wanted to show the best entries!

JakeBrandonCastro

Looking like a bullflag. It has been in the spotlight non-stop and this has been running on 3T marketcap news. Bitcoin may reach 100k by the end of the year and we can see all the major Altcoins follow suit.

JakeBrandonCastro

Even with all the printing we've had this year. The dollar has continued to rise in value in comparison to other country's currency.

JakeBrandonCastro

Decentraland. A crypto that has many applications that are similar to the new implementation of the metaverse to Facebook's portfolio. This could pose as a viable competitor to Facebook which they would either attempt to buy out (they already have their own crypto) or use some of their tech to help them achieve what Decentraland has already. The pattern shows...

JakeBrandonCastro

I do think that SHIB caught some support. You can see that it bounced off 0.000043 meaning that investors had thought this was a good "buying the dip" opportunity. My green box (0.00043-0.000035) I believe is the BEST area to buy in at because I have not bought into the idea that SHIB is done falling. Without hype, DOGE and SHIB lose momentum and trail on...

JakeBrandonCastro

We have seen this similar pattern with SHIB. This happens after rocketing to a new ATH and then many of the people just take profits and lower hype around it happens. Keep in mind that this "rocket" happened while bitcoin was also rising. They have corresponding movements like most crypto does. If we see Bitcoin rise (which I am expecting) then we should also see...

JakeBrandonCastro

Bitcoin adoption has been happening more lately but WHY?? Many institutional investors don't have any kind of returns on treasury bonds or notes. Inflation is so high currently they need a higher yield than the typical 2% otherwise they lose money for their customers. Crypto has shown promise in yield but also in security over the past few years. With media...

JakeBrandonCastro

Anytime prior to the redline should be a good entry keep in mind this is a breakout pattern. If you do have a buy stop it may have fake breakouts so be careful!!

JakeBrandonCastro

OANDA:XAUUSD typically has little to no movement the day before NFP (non-farm payroll) So I wouldn't expect large moves today but I do see a perfect breakout pattern today and the larger timeframes show the momentum towards the bullish side. Also gold has been consistently bouncing between these price ranges with the current range being on the low side. I would...

JakeBrandonCastro Updated 

Here are the facts with SHIB The market cap stayed the same while Coin Market Cap found more coins in circulation.. The only way this price can go up again is with Robinhood hype or with a huge burn rate. SHIB will either stay consolidating where it's at currently or fall just as quickly as the hype came in but to 50% retracement.

JakeBrandonCastro

This wick is a very likely sell signal.. I know inflation is still considered to be high but with wide adoption of crypto and NFTs we are starting to see other great hedges for inflation take place. This could potentially deflate the value of gold.