thedutchgopher

thedutchgopher Updated 

This is my first altcoin trade in 1.5 years, not because i believe in this project. but i believe in the reward it will give as a trading vehicle during the move upwards the coming month. Was not expecting this strong move upwards, but all models pointed to a mini run with volume to back it up. stepped in around $4 and believe this can run to $8. After that we...

thedutchgopher Updated 

There will be a breakout in the coming weeks, most indicators tell us that we will breakout the bottom of the triangle and ChainLink will continue the downtrend that started mid 2021. RSI is getting more narrow. Volume is low although in an upward trend since mid October. We can`t deny the relations with BTC and the S&P500 and I`m also bearish on them too the...

thedutchgopher Updated 

When looking at the chart and the current market conditions, there is a high probability ETH is going to make a big drop to the $650 range. Like i said in 2021, this whole market needs to be flushed from a lot of shitcoins and scamcoins before we can make a new start upwards. I personally see ETH as a real project with potential in the decentralized application...

thedutchgopher Updated 

Last week BTC broke outside of the rising wedge and does not seem to be able recover from it, if we close the weekly candle somewhere around these price levels, expect a drop to 15K in the coming weeks.

thedutchgopher Updated 

Looking at the RSI, MACD and volume there aren`t any signs of a reversal in price. There is just no momentum, no will to buy for a long term at these prices, oscillators making lower highs and following price. On the mid-long term I think this is going to drop to $5. Even in those price levels there will be a high risk in buying into the altcoin market, are these...

thedutchgopher Updated 

The wedge has clearly broken on the downside, RSI is not showing a trend change anytime soon, this will be hard to believe for the people that bought ICP for $500, but it looks like the downtrend will bring this altcoin to $3. What is DFINITY ever going to produce in our lifetime that will bring this back to $500. The altcoin market is the biggest ponzi scheme of...

thedutchgopher Updated 

If there is one company that flourished by government Covid policy, lockdowns, support packages and "free" money, it`s Amazon. Now that interest rates rise, the quantitative easing slows down and loans will be more expensive, we see an overall drop in stock prices, especially in the tech sector which stocks has been manipulated most under central bank policy, in...

thedutchgopher Updated 

What if this is the end of the halving cycle, will we visit the 20k after all...

thedutchgopher Updated 

A monthly close below $40k would mean BTC is going in a bear market that could force a test of the $18k support as a possible next scenario. When comparing BTC to the GBTC chart i`m even more convinced that this cycle is done.

thedutchgopher Updated 

$0.05 incoming on the short term, on the long term it looks like this wil probably go to $0.01. The altcoin market is the biggest ponzi scheme of our generation, people staying invested should be prepared to loose it all.

thedutchgopher Updated 

Closing at 4k tonight opens the door for 2800. Looking at a lot of the other altcoins a next leg down looks inevitable, which will result in an end of the bull cycle and crypto winter will start, only this time a lot of these coins won`t ever wake-up from their winter sleep. This market needs a reset and delist useless tokens to continue.

thedutchgopher Updated 

What problems is Polkadot solving that can`t be solved on the Bitcoin blockchain and network? Even the most serious altcoins are overvalued and will never see any application for solving real-life problems in production. A close below $26 could create an ugly scenario for people invested in this token. Called the $25 support when the rising wedge broke out on...

thedutchgopher Updated 

Together wit Ethereum, ChainLink is actually a project that i`m interested in and think it actually solves an important interoperability problem. That being said, just like all the other altcoins, ChainLink is overbought and there is no reason why i would invest at these price levels. At this point we`ll have to see if the $6 support will hold next year, somewhere...

thedutchgopher Updated 

Bought QLGN on 08 March for 0.56 per share, still holding my shares. RSI on the daily found support on 50 and the weekly is above 30 curling up nicely. Expect this to go to $0.90.

thedutchgopher Updated 

A 10 year falling wedge about to break-out, NDX extension about to be approved, multiple products in the pipe-line, how high can this go... in the short-term, still believe in my $1.50 mid-term target and $4 long-term target.

thedutchgopher Updated 

@BitFink got me interested in TNXP, wasn`t able to see it at the time Fink already did, but it`s getting more clear every day on all the time frames, a reversal is forming, an upside breakout can happen at any time now, this stock has the potential to reach $1.50 in a short amount of time and $4 within this year. I stacked 24.000 shares at an average of 0.29 and...

thedutchgopher

Gold has broken out on the upside, triggered by the war in the Ukraine. Before this conflict in Europe started i actually wasn't that positive on gold and closed my ETF, now we can say "too soon", i wasn't expecting these events to take place on the scale they have the past weeks. Looks like we'll have an all-time high soon....

thedutchgopher Updated 

A clear break below €755 could trigger a fall to €718, what happens next will be strongly related to the US markets and if they will show some recovery or a further downtrend later today.