KoenM

KoenM

Hello everyone, Looking at the btc chart and the macro environment we are currently in, I predict a btc pump towards 27k. Yes I am still bearish in the mid term but bullish in the short, the following are my reasons. 1. Btc selling pressure is losing steam, 2. The DXY is losing steam and 3. Stocks are expected to pump this final quarter due to the release of...

KoenM

Looking at this weekly chart of bitcoin, we seem to be in a newly formed channel after just putting in a higher low. The first target for my swing long would be the middle of the channel which coincides with the .382 of the previous high seen at the top. This target lies at 23400 ish. if we can break above the midline I think a touch of the downward trendline is...

KoenM

This is the three scenarios that I have in mind for BTC. I acknowledge that we are still in a bearish downward trend the scenarios are dependent on the news we get today. therefore the scenarios are such: 1. We lose the current support and backtest the bear flag before going down to visit the lows. 2. we backtest 23k before going down 3. or we visit the bearish...

KoenM Updated 

Looking for a long entry around the D Of the Harmonic, which coincides with the top of the previous triangle and a daily level and the .618 of the previous move up. Still bullish on a high timeframe. please give me feedback if you have some, I am still learning:)

KoenM

Bitcoin is currently forming a rising wedge after falling from the previous high, under a daily resistance. The rise was mainly driven by shorts closing as the drop in Open interest and volume shows which happened after our break of the 45k resistance.. looking to retest this area as support before further continuation

KoenM

Hi everyone, I am still learning so please provide me with any insights I may have missed. Looking at the chart we see that doge just broke out of a symmetrical triangle that had been forming. The breakout target price equals to the same distance as the distance between the low/high that first formed the triangle, putting it at a 0.43 cents doge. On the way to...