botje11

botje11 Updated 

I see a potential long trade for BNB again. On the left we see an H&S in the making, indicating more downwards movement. Price broke the neckline today and jumped back in again. This might be a big signal that this H&S might fail and that we see a contrair movement. And the bullish wedge we can see on the left, gives the failure of the H&S a bigger chance.

botje11 Updated 

I had a plan in mind since we broke the support and that was waiting for a big bullish wedge to form around the low, but i was waiting for another move down first to give more shape to this wedge, but it's starting to look like the bulls pushed it out of the wedge already. There is small bull flag in the making now, bulls are slowly loosing a bit of the buy...

botje11 Updated 

Some of you might have noticed through some comments. It's too much to explain, but i have been trying to take a break since last Tuesday, have not been able to do that. Goal is/was to clear my mind and take a long due brake. I can feel the consequences lately of working too much for almost a year, don't want to get in to details, that's personal. Anyway, i will...

botje11 Updated 

So we dropped even below the 7500, even though we have dropped so much (what i didn't expect) the bull flag was real. Could see it had support around the 7700 and has resistance from the bounce from the low. As usual there 2 options now, - The flag is too much resistance and we will retest the the 7300/7500 support zone again. - The resistance of the flag breaks...

botje11 Updated 

These are the moments we hate bitcoin :), going sideways for 3 days in a row, dumping 200 points and going up just as fast again to repeat the cycle several times. I could see someone was loading up good amount of btc the last hour. So even though the sell orders were quite big, someone was very willing and eager to catch those sell orders. The charts have not...

botje11 Updated 

US markets are finally giving up their hopes for a bull run, made a desperate attempt to break upwards from the big bearish wedge, but since the FB dump things have changed, REALITY CHECK!!!!! Even though my DAX bear market is still in full play, US markets kept pushing higher. Now we finally have a serious sign of weakness. This could be the ATH for a very long...

botje11 Updated 

ADA is still above support level and giving a good risk reward here

botje11 Updated 

My followers know i am bearish on the stock market, expecting a big bear market the coming year or two. This trade falls right in to place, because the Nasdaq is also at it's last breath before a drop will happen. I am using the red area as my stop loss, Even if we break it and my stop triggers, i will short it again after that yellow area breaks again. Targets...

botje11 Updated 

And again a bitmex move, what else is new!!! Shaking out shorts and longs in 5 minutes, taking all their money. If your a fund with like 50 mil you can do these moves once or twice a day (not everyday of course). Ones who have been following me for a longer period of time, know how many times i expressed my frustration about these moves. Problem is not the short...

botje11 Updated 

So today we saw a second attempt of the bulls to break this heavy resistance zone around the 7500/7800, but again it failed. There was some heaving shorting going on at Bitmex today, selling volume kept popping in and when the price was getting to close at to the breakout some 2 mil and 4 mil sell orders were thrown in to keep control of this market. I am quite...

botje11 Updated 

After a few week rallies to 6800 last week, lack of volume and conviction of the bulls caused that drop to the 6300/6100 levels. I gave a warning before the drop, even though i was bullish, i was very disappointed that the last rally we made got sold of at the 6800, again! Many alts have been bleeding big time lately making crypto HDOLing very painful. The past 2...

botje11 Updated 

Allot of people became bears again and the remaining bulls were getting desperate since each attempt to rally up got sold off/pushed down again. Buyers have finally stepped up a bit and continued the rally from 5800/6400 up to 6600. At the moment the bulls are trying to keep the momentum in their favor, but there is a big chance that buyers from the low are taking...

botje11 Updated 

I think we have a much bigger chance that this rally WILL succeed, compared to the rally of Sunday. We have a much more solid foundation this time. Still does not give a guarantee of a (big) rally, could still make a drop before jumping up. But those chances are very small this time IMO. We have a very strong rally now, that's for sure, reasonable chance we made a...

botje11 Updated 

Bears are still laughing thinking this is just too easy. We had a small short squeeze Sunday after hitting the low at 5750, but the follow through has been complete crap. But one thing is for sure, the market got pushed down when it tried to break the 6300. There is absolutely no doubt about that! This could mean a few things, these same whales that are pushing it...

botje11 Updated 

So it has been a while again since i have written a big story here. Since the breakout we had on Monday to the 6700/6800 Bitcoin has surprisingly been moving sideways again :). Price movement was looking quite strong since that breakout and we could see some profit taking and selling at the 6700/6800 but then the hack news came out and messed things up again for...

botje11 Updated 

First of all, sorry i have not been around so much lately. I wish i could say i took a break, but far from it :). I have been answering emails for almost 16 hours a day 4 days in a row and they just keep on popping in. And i have been trying to keep my members up to date as much as possible. Think it's time for an assistant :) Back to the market, our little...

botje11 Updated 

My best idea ever, taking some time off the last 2 days :) The whales just continue to play their little games by squeezing leveraged short and long positions out of the market. Can't play them, it's just too easy. Maybe it's time we retail traders stand together, combine our volume and use their own game against them. Yeah, maybe we could even make a blockbuster...

botje11 Updated 

Finally some real movement again, no big dump yet, but still following that fractal i showed a day or 2 ago. Now i don't expect it to do the exact same thing as we did in the April low. As i mentioned before my view is still more bearish than bullish, but i can't figure out yet if we will see another wave up before making a drop again, or the that the fun is...