botje11

botje11 Updated 

I have seen many people looking at the big bearish wedge of Litecoin, I understand why because it almost has the perfect shape. However, there are a few things to look at before simply assuming it's a real one. First of all, the volume picture is not really confirming the wedge, it's dropping but still high. Also the start of the wedge, not easy to say where that...

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So far this long term short trade is going very good, caught a decent first entry and a perfect second entry (yellow circles). Now there are 2 things i will watch: 1) If we move up and break the red zone, i will close half and wait for a re entry. 2) If we drop and break that big green support zone, i will increase 50 to 100% at the yellow circle. So after...

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So far it is moving against the trend, but it is starting to look like resistance has been hit already. So we might not reach that ideal trap zone as shown on the right. Don't know for sure if this is a bullish triangle or a wedge, but i think the green and red zone (the range), will probably give us an answer. For more info, read my previous analysis to...

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When looking on the left, it looks like the channel might break soon. Because the last bump up (green circle), failed to move above the previous high and already testing the channel again. This increases the chances for a downwards break. On the right we can see a bullish wedge, indicating it will move up short term. Usually, if the direction is down, we should...

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My previous analysis i wrote the following: Ideally we see it drop towards the 1.122, making a higher low there and then seeing a big strong counter move straight through that resistance around 1.128. That would make it a false breakout once again, just like the ones i caught a few months ago. Those other times, we saw mostly SHORT on the EurUsd page here on...

botje11 Updated 

When looking at this chart, we can see the crypto market is in a much better shape than when looking at BTC' or ETH'. That bearish wedge i showed a week ago failed completely and made a counter move up, which is a sign. Normally indicating a bigger, not just the small move up we saw the past few days. Now when looking back to the shape of 6 months ago, we can...

botje11

So far nothing real has happened, still moving inside of the bull flag, almost perfectly even. There is not much room left, it has to happen in the coming day or 2. That thick green line should be the max for a drop, but to remain a strong bull flag, it's actually important to keep the higher lows inside the flag intact. So it should stay above 616 from now on....

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Still a fight going now, volume is increasing slowly as well which is a good sign for the bulls. We can say now, the fractal is might not be in play anymore, because the drop out of that channel failed and those other 2 attempts (red circles) failed as well. As i mentioned yesterday, what looked like a typical Bart move (so making a push up but even even bigger...

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Thought this one was worth showing. Think most might have seen it already, but this is the area were are in now. Reason why i said, we need to see volume increase during moves up, well this is why. There are a lot of similarities to why Bitcoin should drop from current levels, but i do want to show a few differences. 1) The move from 38x to 4030 was a buying...

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Looks like Gold is going to make another correction down. To be honest, i am not sure if it will make another wave up first. My mid-term view is still around 1270, long term is still bullish at this point. Now there is chance that wedge on the left has started it's drop already, with the smaller one already breaking. Think if it goes above 1304.5, we could see...

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The past months, each small or bigger (low time frame) rally XRP' made got smashed down each time. Just as we could see in my previous analysis, where is showed a nice bullish wedge which reached it's target, but got dumped just as fast again. But instead of breaking down, it remains above the 0.29/0.30, suggesting accumulation is going on. In the middle we can...

botje11 Updated 

In my previous analysis, i showed LTC' was likely to drop from the high and make a correction. In an update i showed a small H&S indicating another decent drop could happen, just like ETH' showed as well and BTC' was also at a big support (3800). But the bears completely failed at those levels. ETH' and LTC' broke the supports, but they all became bear traps...

botje11 Updated 

Keeping this short for now, but will add more later today. So far, the bigger picture is still following the plan, moving towards the 4200 neckline again. Volume is not great, but so far not bad as well and can be seen as normal in what looks like a right shoulder. This will attempt 99 :) to form an inverse H&S the since Dec. Read the previous parts of this '...

botje11

I wrote this one 8 Dec 2018, but because i wanted to add more things i kept it on hold in a hidden post. I just did not have the time to complete it, so i will post it as it is now and based on question/comments, i might make a part 2 on this post. Every week i keep seeing this long term LOG chart and i simply just can't stand it anymore. I know most people...

botje11

On the right looks like a legit triangle in the making. It has dropped a lot the past months and when looking on the left chart, we can see the drop is slowing down in the shape of a bullish wedge. Don't know if it will break out of it, because when zooming out, the picture is very bearish for on the long term. The yellow circle is the target of the triangle,...

botje11 Updated 

In this analysis i will cover the lower time frames. From the first part of this long term analysis, we saw the price drop 40/50 points since that bear flag i showed broke. Previous analysis i showed a possible low that could bring us back up again, like the blue line on the right is showing. Last update previous analysis: At the resistance zone now, so chances...

botje11

In my previous analysis i showed a possible flag pattern could be formed against the resistance of the double bottom neckline. So far that is exactly what happend. On the right we can see the shape of a triangle. All triangles can breakout both ways, but since this one is an ascending which is being formed against a resistance zone , it is more likely to see it...

botje11

Previous analyis went quite well, showing the small drop to the entry zone prior to the big rally. Takes some profits at the highs with the plan to re enter at the yellow circle again. Now that bear flag i showed in the last update, seems to be in play. Broke the support line and now seems to be hanging below it. Making the chances high for another move down. I...