botje11

botje11 Updated 

I think we are at an important point now. Maybe even the coming hours could be decisive for the direction of the coming month or two. We have a range now between 3800 and 3940, since the bears failed to break the 3800 yesterday and the bulls failed to break the 3940 a few days ago. Yesterday we could see LTC' and ETH' getting very weak, breaking low time frame...

botje11

The double bottom is still playing out, dropped a bit more than expected upfront, but it made a good bounce up so far. So coming week might be important for the mid-term. Small rejection so far from what seems to be a resistance zone. 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...

botje11 Updated 

Looks like Litecoin has difficulties now to break resistance. Even after today's pump of Bitcoin, it hardly moved up while others alts did. Also volume is dropping with LTC. See chances increase for a bigger correction now. If that green support breaks of that bull flag, we might see a bigger correction happen. If it breaks the 60/61 with good volume, we could see...

botje11 Updated 

Looks like a legit double top formation here, which has been formed below that resistance. So the whole picture looks quite perfect almost. But to play it safe, i will wait a day or 2. Want to see something like a bear flag form, like that blue line. So something to watch for the coming days.

botje11 Updated 

The 140ish level has been a real pain in the ass for ETH' the past weeks. The past days it has been weaker than Bitcoin as well, which is something we have not seen much during sideways movements the past few rallies. There is a lot of noise in the market now, the big crypto's or simply not taking a direction and are moving sideways. My Bitcoin' analysis from a...

botje11 Updated 

I still have my mid-term bullish glasses on for this asset. Could be we have reached a low again at the current price. It looks like buyers are attempting to turn it up already, but not there yet. Looks like a legit channel, the range between the green and red. So we should see follow through if either one breaks. If the one at the low breaks, i would keep an eye...

botje11 Updated 

The small warning i gave yesterday played out, but with the pump we had today again, they only hurt the ones using stops. Moves of the past days, look very similar to what we have see 2 weeks ago, with this pump and dump. There is a big difference though, the days prior to this fractal, are different. I don't like to make TA on moves like this, because it's a lot...

botje11 Updated 

On the left we can see a broadening triangle, which looks very legit. At this point it is against resistance again, so we could see some rejection. With a pattern like this, we usually don't see a big break right away. More often we see a drop first, see where buyers step in again and create a higher low before breaking up. On the left there is no weakness yet,...

botje11 Updated 

In my previous analysis, it looked like we could see a correction again from this big drop. We had an attempt to break that resistance, almost looked like succeeding but got rejection. That curved blue line is something to keep an eye in combination with that range between the red and green zone. We can see a small wedge, suggesting it might drop towards the 1284...

botje11 Updated 

Nasdaq has just been unstoppable lately, as i described in my sp500' analysis. That wedge from the previous analysis, was text book, even better than text book. This shows that how great TA can be sometimes, it can also be completely meaningless. It's part of the game, something we need to accept. All of this is just about exhausting bears until they give up. It...

botje11 Updated 

The US indices just kept on going up and up the past 2 months, like there was not stopping it. Each moment of weakness (were some bear traps on lower time frames past months), simply got pushed back up which eventually led to a continuation of the rally. Now for the first time, we dropped out of that channel and even did a successful retest. To prevent another...

botje11 Updated 

I think finally after almost 3 months of waiting for this one, i think this is the moment has come now. My previous analysis showed a bull flag, which failed completely since the flag never took it's shape. So i was afraid of missing a good entry for a long term short, but after that drop it has rallied up again. Today i already started to short it a bit and now i...

botje11 Updated 

Looks like a legit bullish wedge here in the making, giving a good opportunity for a swing trade. On the right we can see the low might have been set already, but ideally we make one more drop. I think if the red resistance breaks, could be confirmation of the low being set already. Previous analysis:

botje11 Updated 

Just like Bitcoin', it seems ETH' is following a similar path as we saw 2 weeks ago, during the rally from 100 to 165. There is however a big and important difference. Volume was a lot bigger during the wave prior to these triangles. But, the rally in Feb was 27 points and this one is around 12 points. So that could explain it, because making a big move like that...

botje11 Updated 

EURUSD' has been having some struggles the last few months, with getting above the 1.15. each attempt got rejected with a push to the lows again. The past few weeks, we can still see there is no strength from the bulls, but also no real strength from the bears. This, fits right into the picture of a double bottom, So ideally, we see a drop towards the 1.125ish...

botje11

In my previous analysis i showed a potential double bottom on the daily chart which has been playing out so far. The ideal entry, when the triangle would break on the low side, didn't happen. It simply broke upwards and continued the rally since. However, this rally has been very slow so far. It's not always bad, but at this point it needs to accelerate a big...

botje11 Updated 

So far followed the double pattern quite well and the previous analysis. Bounced very strong from the support zone. First attempt failed, dropped again and it got bought up and got pushed straight through the resistance. Of course it could simply continue to move up, but i think it might be too fast. So if this small bull flag fails, we could see a drop to that...

botje11 Updated 

ETH' followed my previous analysis quite well, where that drop 10 days ago was worrying, i talked about a few signs, suggesting it might have been some (weekend) manipulation and NOT' the real intentions of the market. So far support levels have been holding. I said another drop was very likely to happen, usually does after such a big drop, but the big question...