botje11

botje11

Happy New Year to everyone :) Hope we get a great trading/investing year in 2020. Just before Christmas i posted a message in my public channel, that IMO it's best to leave the market for what it is. During the holiday's, the traditional markets are always at their worst and i believe that in crypto it has become the same thing. Simply because i believe this...

botje11 Updated 

This analysis will be about the current bull flag. Trying to find a few signs to whether it's real one or a fake one. First of all and most important, the push up we had was real, strong and high volume. This normally says chances are like 90% that we see a continuation at some point, seeing a second wave up. I have however expressed my worries in my public...

botje11

People have gone really mad, buying up this huge stock at current prices. I have no other words than to say that people are just FOMO buying here, not even being aware of what price they are paying fundamentally. Anyway, piking the high is a guessing game, but there might be a nice setup now. As i just updated in my channel, good chance we wont see any big drops...

botje11 Updated 

I posted this fractal a week ago because the movements were very similar. As if it was showing how one big whale/fund/whatever is controlling this market. Showing similar steps that are being taken to dump this market. There are so many theories going around past 2 years (because people only complain when things go south, just like in world economy now and stock...

botje11

As suspected, the inverse H&S i showed in my last update failed and now once again testing the 7100 support zone. Think the triangle i am showing here, might be something. Mostly maybe because it gives room for one more trap move (shake out) to around 7300/350. Doesn't mean it will happen of course, just saying we need to assume it can easily happen. Think the...

botje11 Updated 

I have waited with posting this fractal, because i don't like to post everything publicly anymore during low volumes. Gave my reasons for this several times in the past, has not changed. Posted it in my channels today and yesterday, so far still following it. Now according to the fractal, a real move should be closing in now. Also think the high we just had should...

botje11

I have waited with posting this fractal, because i don't like to post everything publicly anymore during low volumes. Gave my reasons for this several times in the past, has not changed. Posted it in my channels today and yesterday, so far still following it. Now according to the fractal, a real move should be closing in now. Also think the high we just had should...

botje11 Updated 

Has been a slow, low volume week with wick all over the place and together with fake moves. Seems yesterday we have seen the last trap move, since we have some real follow through for the first time. I showed a possible double bottom in the making in my channel earlier today at 7300/280 which could also turn into a descending triangle as you can see on the left....

botje11

Seems XRP/BTC is setting up for a move upwards. Past week the big support broke around 3050, but instead of a big drop a bullish wedge has been formed. This is usually a sign that a bear trap is being set. Since the first push up has partially failed already, there is some danger, but there is still a second chance. Ideally we see one more small drop in to that...

botje11

ETH is at a similar spot as Bitcoin, giving us an answer to whether we are entering a bear market again coming months or that a trap is being set and we continue the bull trend that started a year ago. The bear flag on the right is what might give us the answer for this, similar to Bitcoin's H&S. The guideline for me is the bear flag. At the moment i am neutral...

botje11

Past 2 days this market has been more difficult to predict because volumes have dropped completely. The bearish wedge i posted on Bitcoin few days ago played out, made the first push down, broke the 7400 support but has been indecisive since. Usually since it didn't drop straight away to the wedge target, it's a sign that it wan't to do a retest of the resistance...

botje11

Going to keep this one short, so the neckline broke of the big H&S, got quite the first drop and bounce at the moment. In my channel i gave a warning around the 7200/300 about being more bearish than i assumed the day before. There was something going on which I explained in that update as well. Anyway, i gave a target around 6500 for a potential low (target of...

botje11

Pumping 30/40% in 1 day only to pullback almost 100% again, what a market. The days after the pump i kept saying, i don't really trust this move. Went too fast with too little volume. But because the market started to consolidate quite well in the 9K zone, i started to give it credit again, thinking maybe i am seeing this wrong. It's crypto, so anything is...

botje11

Still not very clear but looks like we got a possible long term top formation here. Broke the support, few failed retests as well. If it’a real, we should see rejection and drop happen at any moment. So in other words, even though there is room to that blue zone, it should actually not even come close any more and simply drop from this very moment.

botje11

The wedge seems to be more real now. We dropped again as suspected after the weak movement yesterday. Now the tough thing is, is the low set already? Without reaching the green box at 8500/400? Just made a small move up, creating some sort of curved low inside the wedge, which is not very unlikely. Next to all this, OI has increased quite a bit past 2 days,...

botje11

Hello everyone, my apologies for being absent this long. I have started to update a bit again for a month or so in my channel. As stupid as it sounds, I didn’t know I could post ideas with my mobile phone :). So my last update is here below. I have simply not been in my office since I went off the grid (so also reason why I have not updated here on TV yet). I...

botje11 Updated 

Bitcoin broke the bear flag formation we had since a week ago since the 10500/600 broke. This is a first bullish sign, but doesn't mean bears are gone. I see it more as if the bears took the pressure off than being bullish now. As long as we move below the 11200/300, i think the bears are still in favor. It's even possible that the high is already set as well at...

botje11

Almost becoming a standard for the stock market to bounce right back up again after some bad bearish news and price action. This time there is a chance things might be a bit different though. On the left it looks like there is a real resistance zone now inside this bear flag. I have not posted much about these markets, because the noise has been extreme past year....