botje11

botje11 Updated 

Look at this crap, when i looked at the chart today, that move we had yesterday and going up again today, it hit me. Damn, we had the same thing not so long ago. Now when zooming in, there are even more similarities. Both had a big rally, with current one of course being much bigger. Then moving down in the shape of a wedge. Then the ugly yellow zone, looking...

botje11

I almost can't believe it, US indices are dropping. There was a bad close on Friday, closing at the lows which usually means follow through the next day, something we are seeing now with the futures being down quite a lot. They still did a very nasty move on Friday though (blue circle on the left), pushing price up, even above 29200ish. In hindsight, it was...

botje11 Updated 

Going to keep this one short, follow up on the previous analysis. Price bounced up quite nicely from the 8200/300, looked like it broke the wedge resistance line, but was hanging above it quite strangely. It wasn't a flag, also not a nice triangle. Was prob whales distributing and pushing price back down again. Anyway, not a lot has changed with the picture. I...

botje11 Updated 

In my previous analysis i showed we would probably make a drop and bounce up, just as we did almost a year ago. Those weeks before we broke the big 4200 resistance. As soon as i happened i noticed that the volume was low and therefore doubting a continuation of the move up. Instead of going up, the move up only completed a bear flag and we have been dropping...

botje11 Updated 

Dow was making a bearish wedge last week, but glad i did not post it though. Indices and especially US indices have been a nightmare for bears past half year. Almost each bearish sign has become a trap. When seeing the wedge break upwards i was happy for NOT posting it :). But now, we see the breakout is failing. Price is starting to drop back in to the wedge...

botje11 Updated 

EURCHF might provide a nice short/mid term trade here. Moved a bit up today but at the moment already failing. Been watching it for a few weeks now, think we might be closing in on a nice setup. Assumption is, one more stop hunt as i am showing here on the right. To prevent guessing, i am going to wait for that yellow circle. So want to see a break of the low, see...

botje11 Updated 

I can't say this wedge is great, but volume is good, the size and it's position are good, only the shape of it is not that convincing. At the moment, market is dropping a bit in the last hour before closing, which is usually the most important hour of the day. In my previous analysis, i mentioned about being careful with being bearish on the stock market. Been...

botje11 Updated 

The setup seems to be almost perfect, after a big drop from 145 up to almost 35, making the size of the H&S very good. This would mean, similar to ETH, that would should see a correction coming weeks, towards 50/55. The right shoulder can take all kind of shapes, so it's guessing on how it could go from now on. Even a break of last weeks high and then drop is...

botje11

I have been scrolling through my list and i was staring with my mouth open for a while looking at this chart. Wondering, how the F did i miss this perfect setup. Maybe on of the easiest a trader can encounter when doing TA and trying to find a nice pattern. I know one of the main reasons is that i have not been around much as i used to past half year, but also...

botje11 Updated 

This analysis is to see what the next step might be coming days. First of all, despite all of this, after such a big move upwards it's unlikely to think that we simply just go down and continue down again. So even in a bearish scenario, we should see some kind of top formation, meaning seeing price move for like a week or 2 between the 8200/9200-10000. It's no...

botje11 Updated 

On the left we can see that ETH broke a very important zone a week ago. With this, it's almost a confirmation that the bear trend for ETH is over again. Usually we do get some kind of retest before continuing the uptrend. Could be like the yellow flag on the left, or like an ABC i have drawn. This is assuming, the high is set for now (for bitcoin as well). The...

botje11 Updated 

I posted this analysis 2 days ago, but it got banned for something i was not aware of not being allowed. I respect the rules of TV and understand them, i have just seen something similar countless times before with others, so i assumed that what i did was allowed, but now its clear that its not. Also understand that they can't find all of them all the time, so...

botje11

Well the H&S option was very short lived, because the market did an end of year rally once again. The small position i have is still running for now and i will keep it for at least a few days longer. It has become clear, Apple buyers are betting on good earnings end of this month, expecting Apple services to beat expectations. As mentioned in the previous...

botje11 Updated 

Yesterday showed an upwards channel of which we broke down from, but there was no big drop to be seen. Telling me that bulls are still strong at this point and bears still weak. Now, we just hit the 8900ish again and got rejected once again. So bears are trying again here. Question now is, can bull defend the 8600/8680 zone or not. Think that level will be the...

botje11 Updated 

This is an extra update, separate from my main Bitcoin analysis. Just trying to judge the strength of the bulls of the past days. This channel here seems to be real and it's always a matter of time until it breaks down, but we obviously can't know when :). Since my assumption is that it's time to see a correction, i think it's getting close. Bears did an attack...

botje11 Updated 

The fractal played out perfectly, with the break up. The big question in my previous analysis was, will the break up be a bull trap or a real breakout. I wasn't around yesterday to watch the market closely, but after i saw the first push up to 8480/20, i posted the following update in my public channel: So far so good. Not a basic short squeeze, which is good....

botje11

My apologies for not updating since my last analysis a week ago. Hope it was still helpful even though the drop they did to 6800/900 was only for a few hours. Went even much faster than the previous bear trap we had. Would almost think as if some whales had to change their plan after me exposing their tricks a bit in my previous analysis. Good news is, the...

botje11

My apologies for not updating since my last analysis a week ago. Hope it was still helpful even though the drop they did to 6800/900 was only for a few hours. Went even much faster than the previous bear trap we had. Would almost think as if some whales had to change their plan after me exposing their tricks a bit in my previous analysis. Good news is, the...