botje11

botje11 Updated 

Dow has reached the 50% fibo. on the daily, also a big resistance zone now. Think we are at a Key point now. Either the bearish weekly candle from week ago is real, so we continue down and THE high is set. For that, think a max of around 24250ish. If this week closes below 23300ish, think an H&S is formed and we drop even more next week. But think if we get above...

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Follow up on the April 2018 fractal, it went slightly different 2 days ago when it made that drop to 8800ish (that weak triangle breakout update i posted). But where it looked weak, bulls were eating up all the sell volume at that neckline of 8820. Now it's once again following the road map of the fractal. At the moment it's pushing against the 9400ish...

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A few days ago i posted this chart: Tezos shows a very scare picture here. My guess parabolic already broke and just retested, so could mean a big dump coming week or so. break of 2.7ish would be bad, break of 2.55 (that blue flag zone), even worse. The only way they can prevent a big drop, is going sideways above like 2.6 for a few days. or break 3.0ish ...

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So far ETH has been following the red line version, but it's certainly not game over yet for the ETH bulls. This is because so far it has been moving in the shape of a possible ABC correction. But the green and red line i showed a few days ago, both version showed that possible ABC, where the green one (staying above 204ish) would be the ABC version while the red...

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I have been posting this fractal the past week since the rally, and so far it has been playing out almost the same. The details are not exact, but it's no exact science of course. While in 2018, fractals were like copies, now they mostly follow the steps/stages of the bigger picture. This fractal shows it has been following the same steps. The triangle before...

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In my previous analysis i showed to wedges for ETH, as you can see on the left now as well. What i said in my previous analysis: Now the problem is, it's like in the middle of both scenario's. It didn't really rally above 200 towards 205+, but it also did not get a real rejection yet. The volume inside of the (bigger) wedge is NOT confirming a wedge , when...

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Bitcoin just never ceases to amaze, how they dump and pump each month or two. I am actually on a small break, but just posted a few messages in my public channel which i will post here as well now. Just an objective assessment of current situation. Weekly says resistance here, doesnt say much for short term, but would say, as long as 8100ish hold, VERY...

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These exotic FX pairs are more tricky to trade, but there is a potential nice setup here in the making. It has made a huge drop past 2 months for FA reasons, but there is a chance we might see a bigger consolidation or correction up this time. There was strong move up 2 weeks ago but came back down all the way again, but in a much slower pace though, which could...

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On the right it looks like a bearish breakout, but i have a feeling it might become a bear trap. A lot will depend on the current 4H candle close. If that closes above the previous red body, it's a decent signs. if it would close above the other one as well, would be even better. If we would then see another test of that red resistance, it would increase the...

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Previous analysis worked out perfectly, even the increase at the flag was great, wish it was always that easy :). Now we can see the target zone was exactly the high and we have come back all the way down again. Now this kind of movement gives potential, that is assuming the rally from last week was a test of the market to see what the resistance is/was. Now we...

botje11 Updated 

On the left (and chart below), there is a chance we have a similar situation as a week or 2 ago. Broke up from a flag/triangle but was failing to push through. At the moment it looks as is we have a similar situation now. It's not there yet though, could still push through upwards. So it need's some confirmation first, as i have drawn in the chart below. So if we...

botje11 Updated 

A few days ago i posted a few charts on ETH in my public channel, showing that triangle on the right. Which could maybe give an answer to whether the bearish wedge on the left is real or a trap, this is what i said 3 days ago: This might even be the most realistic scenario i think. Assuming Bitcoin will break 7600ish and do that stop hunt. Would prob mean ETH...

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Previous analysis: Looks like a possible fractal in play. The current wedge on the right, is a very steep one, so not a typical one. But then i remembered again, we had something like this 2 years ago. That is the one on the left. There is a big difference though, in 2018 price dropped from 11.700 to 7300 and then made the wedge . Now it's at a different stage,...

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Previous analysis i showed the big bearish wedge on Bitcoin and the smaller wedge being the retest of the bigger one. So far it has been playing out but we have only seen small moves up till now. The channel with the red lines is what i showed a few days ago, which caused that small bear trap move. The blue line channel is something that could certainly still be a...

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Follow up on the previous analysis: Think this is a nice one to keep an eye on coming day or 2. It dropped quite big, after it attempted to break up from that wedge on the right. It dropped in a straight shot below that green zone, so if the coming day or 2, would see a retest of that green zone, like the blue line suggests, think it would be a nice spot to take...

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So the daily candle didn't really play out as i hoped it would, was unfortunately not able to create a red body, because that green support held. It broke the red zone, but think it still has potential because it didn't really break up either. Think for now the green zone around 0.890 might be the key level short term, that level might decide whether i am right...

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EURJPY is potentially making a long term low. We have a double bottom on the weekly and one on the daily as well, which gives a lot of potential for the long term. As always with double bottom, there is a downside, that is if it turns into a triangle (making a lower high) as the red line suggests on the left. For the coming days/weeks, we there is a double...

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So far so good :), wedge broke up but still not a big rally though. On the right we can see the double is playing out as well. Said would wait for a flag, not it's being formed a bit lower than i wanted but looks like a consolidation, so will wait if the 2h candle closes above the 0.8735ish, will move stop towards BE as well if it happens. Previous analysis: