botje11

botje11 Updated 

The double bottom i predicted in the last chart came out perfectly, i only missed my my entry point because i thought it would go up higher towards the 10.000 It did not make it to these levels, confirming how weak this market is still is. Since it did not make a real bounce from the dobbe bottom level and droppen back again to the lows, it's almost 80% sure it...

botje11 Updated 

Think Bitcoin will follow this pattern, first it will make an attempt for the 10K and ater that it will probably fall out of this wedge to drop towards the previous low for a chance to make a double bottom. Now short term i think it will make a last small drop towards 8800 to rise up quickly towards the 10K

botje11 Updated 

Bitcoin seems to be dropping a bit more and LTC seems to be making a double top. Nice trade opportunity with a short stop above the high with a target towards 155. Good risk reward now

botje11 Updated 

It will probably make a false move on the downside and then we will see a big impulse wave up! If sentiment is to negative, it could accelerate down! If it does go up, it's only short term, after that it will most likely continue down after reaching it's target!

botje11 Updated 

Biggest chance it will drop below and break the support of this (continuation) triangle. If overall sentiment improves, we could also see a breakout on the upside. But 80% chance it will drop

botje11 Updated 

This market is for 99% build on sentiment, expectation and believe. There is no real fundamental basis yet. Therefore (the way see it) if trust gets damaged even a little bit, it becomes much more difficult for the market to recover from this. I am saying for a while now, Bitcoin will never see a new ATH again. Unless some real fundamental change comes in play...

botje11 Updated 

Has been forming a big triangle the last couple of weeks. Breakout can be both ways, all depends on Bitcoin ofcourse. But this coin has outperformed Bitcoin very much lately.

botje11 Updated 

Lets evaluate the last few days, as it was become clear the last 2 days (after the failed breakout of 11.400, i mentioned the market would probably go sideways, because it is by far the most easiest way for whales to earn money. The influence of the CME futures expiration is probably the cause of this. I have no numbers or real information about how big the volume...

botje11 Updated 

Bitcoin has formed an uprising wedge, stop at around 12.200, target at 10K

botje11 Updated 

After years of higher prices and extreme highs, it is all coming to an end now. Dollar is falling, gold is jumping higher and oil prices go higher without correcting. I have been predicting a world wide economic contraction will occur within the next 2 years, the breakout of the EURUSD and Oil prices were my indicators. Now the DAX is making an ending diagonal,...

botje11 Updated 

It has been a wonderfull day of trading again, it's just to easy sometimes. I hope some of you also made some good trades. This has been another H&S wich i predicted, even before the left shoulder was completed. I do have to say, the one on the 17.200 high on 7 december 2017, is still the best one with a 3K drop within 4 hours :) It is looking very weak now,...

botje11 Updated 

So the 13K has been seen, there is a chance now, that the top has been set! 13.200 is also stil, what i mentioned yesterday, to form a H&S. It is hanging around the highs, that is a strong sign. I would have rather seen a maximum price of 12.800. It has made a tripple top at the 13.000 level, untill now it is still forming a bullish upwards triangle, that could...

botje11 Updated 

There is a clear supprt at 11K (Bitstamp) and some other exchanges. But if you look at Bitfinex the picture is a bit different. There is however a higher low at 11.000. This is an easy long trade now with a stop about 200 points below the low. For Bitfinex the 10.500 is an important level. There is still allot of weakness in the market, no conviction at all, no...

botje11 Updated 

Now there are 2 options (always is ofcourse LOL :)). This H&S could turn into a bullish flag, but is less likely, because it dropped to much from the high. Idealy it drops towards 9400/9500 to make a higher low. If it could get above 11K from there on, than this extreme bearish trend will be over and things will cool down. But don't expect this down trend is...

botje11 Updated 

I am going long now, with a smaller position, wide stop to around 13.900, target is around 15.000, second target around 15.500. It is getting bought close to 14.000, so its getting some sort of buying support, or some are planning to get it higher again. It did drop out of that smaller time frame upwards trendline, It could still drop, but the retrace was 120...

botje11 Updated 

The bullish flag predicts 17.500, but the 17.250 is only 150 points higher than the previous high. Instead of really breaking out, for me this is a first sign of weakness. For the short term, if it stays above the 16.700, than everything is still bullish for the small time frame. Below this level is bigger drop is possible. For the longer time frame, 16.200 is...

botje11 Updated 

In my previous analyses about NZDUSD, i also talked about a log term prediction. I expectd it to rise the previous top around 0.698, but it got even higher, so this looks like a perfect entry point to go short, with a stop around that resistance line at 0.706, it should stay under this line. I am putting my stop around 0.715.

botje11 Updated 

It had made an H&S, wich you can see in my latest updates of my previous analysis. It has dropped back down to the neckline. It has to bounce up quickly now, otherwise chances are bigger it will make another drop. There are several support areas h=where it is hanging now, going long here with a stop of about 300 points is forth the risk for a target 1500 points higher