botje11

botje11 Updated 

When i wrote my previous analysis, things looked pretty basic. Had a decent drop from the high in the shape of an ABC correction, which had been completed already or where i thought a small bear trap below that last bear flag would be a likely scenario as well. An hour or so before the rally began from 3910/20, i gave an update where i mentioned that the price was...

botje11

ADA' has made a big rally past month and since Dec 2018. Volume has been very good as well. But now it has reached a long term resistance together with this possible wedge. The volume picture of the wedge is okay but not great. Also the rally in the yellow zone was quite strong and not very typical for a wedge, but still does fit the picture. Knowing that if...

botje11

When i posted the previous one, at first i thought, really??? Would it?? Noooo, but it looks so much alike :). Anyway, now it looks even scarier, as i showed in my last update about the black circle, it's moving exactly the same ( bull flag ) AND' also at that red resistance. Anyway, this pattern suggest we see another move up and then seeing some bigger...

botje11

The bull flag on the left took on a different shape than expected at first, dropping a bit more but then when Bitcoin' decided to make a small bear trap, the market made an even bigger move up than it did down. Breaking that resistance from that flag almost without hesitation. This is usually a big sign!! Now, as mentioned in my BTC' analysis, it has to stay...

botje11 Updated 

The previous 2 analysis worked out perfectly, using sentiment analysis instead of TA :). Fooling bulls and bears with making one trap after the other. Anyway, were in the price range what i was hoping to see again when making that analysis, so assuming the double bottom on the daily is still in play, we should a low forming in this range now the coming days....

botje11 Updated 

Looks like we have a legit wedge on the right now. At the moment it's at the support, so i am giving it a first half entry here and wait for it to move up and increase on the breakout. So i will start small on this one, because the wedge on the left broke, which could mean something else is going on. So not an ideal setup, but still worth a shot IMO. I will be...

botje11 Updated 

An update on this mid-term analysis on AUDNZD and the bullish wedge. As we can see, it took more time and a slightly bigger drop to complete the wedge. Yesterday the NZD took a hit because of FA news, that is the reason why this big squeeze up has happened. This could be and should be the start of a bigger rally coming weeks. I see 2 options now which can be...

botje11 Updated 

In my previous USDjpy' analysis, there was a very upwards channel that was about to break. The channel broke and it dumped in 2 waves, similar to this one. Now, it seems this pair has formed a very nice double bottom formation. It looks almost perfect even. Normally the low should be set already, but when looking on the left there is possibly a bit more room to...

botje11

During my previous analysis, i noticed something (with the help of a member) on Bitmex and the XRP' futures being traded there. In my previous analysis i already wrote something about that: XRP' is completely dead lately. Already broke that blue curved line, without even a fight. There is one, maybe an important note, about XRP'. Since the Dec expatriation at...

botje11 Updated 

On the left, at first sight it looks very bad for ETH', with that Feb dump and what looks like a big bear flag that has been formed the past month. But when zooming in a bit, we can see what looks like a real channel, where the price is moving inside of. Even at the break of that channel 2 days ago, we saw some volume increase and a decent drop as well, but not...

botje11 Updated 

I would stare blindly on this one, but i was looking at US indices and i saw this and recognized it looked very similar to Bitcoin's movement the past weeks. I saw something similar a few months ago, which did not play out perfectly, but the first wave did. Difficult to judge where we are now with this fractal . With the S&P it dropped below that green zone,...

botje11 Updated 

It's safe to say the wedge was not real, because with a real wedge, we should see much more immediate reaction when supports break. This doesn't mean it can't drop of course. During the weekend it bounced up quite well after Bitcoin' made that first drop to 3920. But volumes are decreasing for LTC', which shows there is not enough interest at the current price. On...

botje11 Updated 

The past days i have been overthinking about what Bitcoin' might do, trying to solve a puzzle that might have been going on. The drop we had on the 21th to 3920 made it quite clear we would see another drop happening, completing an ABC correction wave. But the next day i was starting to have doubts because the OI simply kept rising, eventually even making a new...

botje11 Updated 

Still moving quite stable and inside the 3940/4000 range. Have been moving sideways for more than a week now. Few days ago it seemed like the bulls were planning to break upwards but the volume and conviction fell short and the bears took over and pushed the price down within minutes. During that drop the OI dropped 30/40 mil but very quickly it was increasing...

botje11 Updated 

I have been looking at this one for a while now. It seems the support of that wedge finally broke, so we should see more bearish movement coming period. The lower high is set, but not confirmed yet. Needs to break that green support (break the previous low) around 1.590 first. On the right it seems it broke a support line and now doing a retest of it. I tend to...

botje11

This analysis started from the lows 2 months ago and after a very slow completion of the double bottom, the neckline broke past week and in one sweep it went straight to it's target. It has been moving around a lot since, already made a 50% correction as well, so very dangerous asset to trade now. Many have asked me for an update on this one, so i am going to try,...

botje11 Updated 

A lot of violence going on the past few hours, where the bears took over with a lot of volume. During the last few moves up, the volume dropped slightly, so now it has become clear that the bears were exhausting the bulls and attacked when the buying volume was decreasing since the past few candles on the left. Glad i gave a small warning on the Alt's and Bitcoin...

botje11 Updated 

My last post i mentioned that blue curved line putting pressure on the price, that if it would break, we should see a counter move. This all played out and even broker the 140 resistance (bitmex), but since it broke that zone, it has been quite weak since. This weakness was not something i expected, but now it looks like a low might have been set. Because earlier...