botje11

botje11

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, which would have been okay if it had just retested 2.20/2.50. In theory 1.80 was allowed as well, but the...

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Going to continue on the previous analysis. The green zone around 7240 worked like a charm this time, so it seems some things still work :). The red curved shape worked perfectly as well, almost bit surprised they made it this easy. Anyway, trying to figure out what is going on at the moment. We are at a very similar spot as we were 2 weeks ago. Where that pretty...

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Hello everyone, my apologies for being absent the past weeks, but i have a reason for that, which i will explain the coming days. Also not sure when i will be active again. For now, just wanna give my thoughts in short here on the markets. Bitcoin: Still think it's one big sucker rally. Volumes are bad, open interests are even worse, so it still feels as if...

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Just continue here as a follow up on the previous analysis. There is the random action again. We are at a tough spot here, find it hard to say what the most likely outcome is here, at least for the coming day or so. When looking at the daily/weekly, its a big fat sell/bearish setup. But when going to lower time frames, it's looking pretty decent now. Even...

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A few hours ago i update in my channel: Some confusing days the past days, not easy to say what the short term would do. Well that's clear now, only thing i can think of, is that bul flag on the left. It's target is very wide, could be 6100, could be 6500. So think we can say we are in the middle of it now. At the moment no sign of weakness yet, but what i do...

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Just gonna forward some of what i posted earlier today Hello everyone, most might have wondered, where the F is David. I chose not to post anything, because i did not want to cause any panic. Simply because i am not sure of anything. It was clear i hope, something was very wrong during the crash. Very glad its a bit stable now, giving people the chance to think...

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This analysis will be about the big picture, what i had in mind past half year. This whole view/picture/scenario, is for me, maybe the only way to become long term bullish on Bitcoin. Most of my followers, especially long term ones, know i have never been a real bull on crypto, just never trusted this market. So in other words maybe, this picture from the chart...

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Quite the day today, what a big dump :). Earlier today i posted a message in my public channel about the indices and what we should NOT forget! About the stock market, after the first big crash 2 weeks ago (I mentioned this before), I believed it was all selling and no real shorting. After the first bounce, short sellers have come in the market as well. The...

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A follow up on my previous analysis. Hope you have noticed, not doing any real TA here, because as mentioned in the previous analysis, i don't see the real sense of it. Anyway, at the moment, there are 2 reasons to why i think we oculd have a temp high. First of all, as i have shown in the chart, big resistance zone on the right, that one wont just break (i...

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This is still very premature so important to wait for the correct signs to play out first. Also because Gold is still in a very strong up trend and big chance it will continue to do so with the stock market dumping lately. However, there is a decent chance this wedge is real. It's not complete yet, so maybe it's just a big coincidence, but that's why i think...

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Like most other alts, XRP has showed a similar move past week. Making a resistance and then breaking above it. For XRP it's that black line on the left. But as you can see, the breakout move was VERY weak, no conviction at all. At the moment showing more bearish signs, with breaking that channel or trend line on the right. It looks real so far because it broke...

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The market is still a bit in the confusing/neutral zone at the moment. LTC might be the only one that is showing a clear sign here. The pattern on the right is quite bearish, volume is clearly dropping while moving up in a bearish wedge shape. Think for LTC to become neutral/bullish, it needs to break 65. A shake out wick up for LTC (and for BTC) is also still a...

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In my previous analysis i mentioned that at first sight ETH looked good, but was big factor that was a problem for ETH, that was the parabolic shape. To keep things easy, i used a few levels to decide for me which one it would be, the bullish or bearish patterns. After it broke the first support zone, i adjusted the levels to a max of 267, which was the high and...

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This is a follow up on my previous analysis, so nothing has really changed since. After the first 2 bullish patterns (wedge and the flag as discussed in the previous analysis), looks like we have another bullish pattern here. Could be a flag but at the moment it looks more like a triangle. If it breaks down, it's target is around 8950, in the yellow circle. It...

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Earlier today i posted in my public channel that i am going to build up a long term position on the EURUSD (so shorting the USD). Past weeks it dropped quite a bit, so everyone holding Bitcoins, has made a 3/4% bonus when living in Europe. I had just hedged the Bitcoins i have, so locking in that extra bonus profit :). This is of course assuming the BTCUSD is the...

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Wow, it'going MUCH better than i could even dream off :). USD getting dumped big time past 2 weeks. I have not really checked others, but my guess is, most prob saw a bearish play after the first bounce because it broke support 2 weeks ago around 1.10. So using 1.10 as a sell point. Well usually this works of course, but at the moment TA is a bit useless on...

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Pretty amazing to see that clean break of the bull flag on the left. Normally we never get an easy chance to get in a trade when seeing a solid pattern play out like an H&S or a wedge or a flag. With this i mean, we see patterns develop, but the market almost always squeezes up (or down) before the neckline breaks. So forcing us traders to take our position...

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Yesterday i posted the bearish wedge on the left, the smaller one, thinking it could drop and then move up again. We did exactly that, but the move up has been a bit slow for my taste, so now i am thinking we might be in the making of an even bigger wedge (the yellow triangle). For this to play out, we have to make a lower high now, actually even means that the...