botje11

botje11 Updated 

Keeping this one short. The Bearish on the left is still in play, but seems many forgot about it? The breakout was slow and weak a week ago, with low volume, which caused that trap move up again few days ago. Now it looks like a smaller wedge is in play, which still fits the picture of a retest of the bigger bearish wedge. The ideal retest level was 7200, which...

botje11 Updated 

I posted a few charts on ETH in my channel and a bit in my Bitcoin analysis here on TradingView as well. In short, i metioned that the retest of the breakout level has likely failed for ETH. On the right you can see why i think that. Because a week ago, it stayed well above the green zone, while this time it went quite a bit further. The retest 2 days ago around...

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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, which normally is a...

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As you know, the past few analysis worked out very great, almost perfectly even because of the fractal we had from 2 months ago. It was following each step to the point almost, many moments on the 5/15 min charts even. Maybe that was actually reason enough to scratch my back and think: Damn, this is going TO easy now. Yeah well, if only we could see the future. I...

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On the right we can see what looks like a failed breakout, that triangle where it broke up from, retested, made a new high but got rejected again. So good chance it was a small bull trap move. On the left we can also see that the daily candle is starting to become a sell signal. If it would drop some more today, and make a red body, it would be a nice sell signal....

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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 on a short. Target would be around...

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Looks like a nice double bottom in combo with a bullish wedge here. RR is pretty great here. Now there is a chance for a small stop hunt like the green line on the left is showing, but can't know up front. Going to try a part here now, if we see a nice bull flag form as i have shown on the right, going to make it a normal size. Current attempt, using the green on...

botje11 Updated 

Gold has pumped a lot past weeks, where it only made 1 decent correction 2 weeks ago. Now many times H&S patterns fail after a huge rally, but this H&S is quite small compared to the rally, so i think it has a decent chance to become real. I do however think it's important to see a break of the neckline AND a retest of former support. Now with H&S patterns i...

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See Gold is already making that retest now. The big question is, will bulls form a bull flag coming days or is the rally already over short term. I posted that H&S few days ago, clearly warned about the danger that if could be a trap. Now in hindsight it seems the market kept things in the middle, didn't pump, but invalidated the H&S but eventually still dumped...

botje11 Updated 

A follow up on yesterday's analysis. On the left i have changed the support line a little bit (i have not changed it on the right though). As we can see, it seems to be following that blue line scenario, but the wedge is still in play AND so far it is still testing the breakout, which is taking some time already. So in other words, the wedge can still play out,...

botje11 Updated 

From my previous analysis: In my previous analysis i showed some similarities with the 10K high from 2 months ago. Now 2 days later we can see those similarities are still there, at the moment making it even more clear about where we might be. Now a lot will depend on how the stock market moves. There we can see for the Dow that it has reached the support of the...

botje11

Just gonna copy my previous analysis here, since it's important info to understand what is going on. On the left we can see what a perfect long term shape it made in 2020 and an even more amazing breakout with huge volume . It was all just perfect, couldn't get any better!! But as we have seen since Bitcoins 10K exit scam move, it dragged Tezos down with it,...

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A follow up on the previous analysis. As we can see now, price moved slowly within that range with dropping volume AND not even able to touch that red zone. All signs that failed breakout was most likely real. At the moment it's t a small support zone, but think as soon as Bitcoin would drop to the 6600ish, this one will most likely drop to the green zone below it...

botje11 Updated 

Looks like the stock market is back in the crazy mode again from before the crash. Things are getting worse each day, which the market then translates that the worst is probably behind us and because the stock market always gets ahead of things, many might think they are missing the boat here. Now the problem with the stock market is, past 1/1.5 years or so,...

botje11 Updated 

In my previous analysis i showed some similarities with the 10K high from 2 months ago. Now 2 days later we can see those similarities are still there, at the moment making it even more clear about where we might be. Now a lot will depend on how the stock market moves. There we can see for the Dow that it has reached the support of the big bearish wedge wedge it...

botje11 Updated 

For the ones who took on that amazing long term hedge (short on USD) 2 months ago, i am changed my mind on it. Hope some at least took a bit of profit after the 600 pip pump, if not, no loss and still a tiny profit :). Reason why i have changed my mind, currencies are going all over the place, TA will work if your lucky, but fundamentals are ruling now. There...

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Thursday i posted a few updates on the Dow and Bitcoin after a few weeks of absence in my Bitcoin analysis. I talked thinking that the stock market rally has come to an end. So far that has played out. At the moment we are at a big support zone around 23200, which has been holding so far. On the left we can see that big bearish wedge. Now ideally we get to see an...

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Past months i got a lot of requests to make an analysis on ChainLink, so here it goes :). On the left we can see a very clear buy zone around 1.6, mostly because it got bought again a month ago furing the big crypto crisis, confirming how important this zone is. So think it goes without saying, that if this zone would break, it will be VERY bad news for this coin....