botje11

botje11 Updated 

In my previous analysis i talked about a possible Bart move in my last update. Now we didn't see a shake out wick for Bitcoin, but we saw exactly that with ETH. While it did that that shake out wick i posted this chart in my public channel and comparing that move to the one from a few months ago. Then it continued to drop much sooner, but don't know yet to think...

botje11 Updated 

An update i did yesterday: Once identical as Sunday week ago. Stock market futures opened lower, made a new low and then Pump, pulling Bitcoin up with it as well. Now once again at the 9450/500 resistance (9480 level i mentioned several times week ago). Flagging pretty stable against it, increasing the chances for the bulls. Key level is still the 9700ish....

botje11

I was looking at Apple as well, possible H&S, but last hour it was almost invalidating it so didn't continue with it. Now coming back down again so the H&S is still alive here. The only way i see it working is if we see some acceleration to the downside. So crawling to 351ish support, if the 350.5ish then breaks, a fast drop below 349 should happen. If so, the H&S...

botje11

A few weeks ago, during the crazy pump of the stock market, this one all of a sudden was lagging and weakened. It opened above that resistance only to see a big dump from 365 to 320, while the index was stable. Now the second orange zone shows a similar situation. Broke out upwards last week only to go back and test that trend line again. The movement from the...

botje11 Updated 

From the previous analysis: Short term, 9300 should be a big resistance now. Think above 9300, i will probably consider it neutral (maybe tiny bit bullish even). Key level for the bulls is prob still the 9600/700 zone. But to be really bearish , think we should stay below the 9300 from on. If we would see a big move up from that wedge , straight through...

botje11 Updated 

Bitcoin finally hit it's target of 8900, completing that ABC minimum target i showed in my previous analysis. Just posted an update saying that Bitcoin is possibly doing a sneaky bullish wedge again, something we have seen twice before since the 4K low 3 months ago. You can see the support line on the right, would focus less on the resistance line, these wedges...

botje11 Updated 

XRP shows maybe a more clear picture here. It broke that triangle, but so far no follow through yet. Now it could be a basic retest, but usually in crypto we get a dump straight away. So the fact that it's hanging here, keeps the chance for a bear trap alive. Normally, it should not get above that first red resistance anymore around 0.1960. Above the second red...

botje11 Updated 

Alt market cap chart, looks VERY dangerous. With a lower high now crawling against it's support, which usually mean it will break. Short term, would we have what i think the key levels, with the lower red zone being a short term resistance. The yellow zone on the right is what i think the key level between another rally bounce from the trend line or a lower high...

botje11 Updated 

ETH broke that trend line on the right, since then it looks like a confusing correctional move below it. As long as it stays below that red zone and that trend line, the bears are in favor. 230/27 looks like a big neckline (support zone), so if that one breaks, we could see a big drop, possibly to the 190/200 zone even, that is a big support zone though, which has...

botje11 Updated 

Have been updating in my public channel on Bitcoin past weeks, summary was, it's has become a crap market lately. Something i wrote, my personal quote on Bitcoin :) I never really liked the phrase: “Bitcoin, store of value” I think a better one would be: “ Bitcoin, a store/shop for whales” They can shop around and buy $ with their bitcoins Just going to...

botje11 Updated 

Posted an hour ago in my public channel, of a potential fake bull flag breakout on the Dow. Dow, has made a bull flag on the right, broke up but no acceleration yet, so there is a chance for a false breakout here. If so, big chance we see a range today between 27250/450. If that happens, up until closing, there is a chance maybe the last hour of trading it...

botje11

This is a follow up on the previous analysis, so continuing the updates here. The 9340ish held a bit too precise if you ask me. Normally we see like a tiny high leveraged shake out wick, but maybe it means nothing. The flags i draw are of course not completely random, they are based on a certain %, but even the flag is shaping a bit very precise here. When...

botje11 Updated 

So wedge is/was playing out, today a breakout, but so far the volume is weak. Wasn't there to watch it live, so cant judge if it was a rally or a short squeeze. But based on low volume, would say short squeeze. Volume on spot is even VERY low. That trend line on the left, don't think i have shown it before, but wasn't sure of it's value. Now with this short...

botje11

Think most of you have seen this chart on the right many times already. Problem with these long term lines, most draw them a they fit their picture, so subjective lines. So this is my (subjective) version :). I think the line on the left is the correct version, that is because of those blue circle touches from past months. We can also see how that strange dump we...

botje11 Updated 

Oil made a big rally past week or 2, past days it was moving inside of a tight range which resulted in a triangle/flag. Now since yesterday it broke upwards, but so far not a big move up yet. This is a bit premature, but this could mean we have a false break out here. You can also see a small double top on the left, but unconfirmed so far of course. If we would...

botje11 Updated 

The market is moving from one fractal to the other it seems. The April 2018 fractal i kept showing was a great guideline, but at some points it was weaker while at the breakout to 10K it was slightly stronger, making it it despite the similarity somewhat confusing. The fractal showed a mid-term high was incoming, but instead of seeing a bearish trend for a few...

botje11 Updated 

I started writing a few hours ago, but the movement of the market held me from finishing it in time. I wrote this in parts as well btw, so maybe it seems a bit weird :) What a weekend, Bitcoin dumping almost 2000 points, wiping out all of the gains of the past week. It certainly isn't the first time, but this one is one of the few that came out of nowhere. There...

botje11 Updated 

Follow up on the previous analysis. I did a few updates in my public channel and will continue here as well. It looks like an decisive moment here today, could give a premature answer to what the weekly close will be. In the middle we can see that trend line broke, but we didn't drop or rally. Now it seems we are moving inside of that blue channel, same thing...