botje11

Almost becoming a standard for the stock market to bounce right back up again after some bad bearish news and price action. This time there is a chance things might be a bit different though. On the left it looks like there is a real resistance zone now inside this bear flag. I have not posted much about these markets, because the noise has been extreme past year....

Bitcoin broke the bear flag formation we had since a week ago since the 10500/600 broke. This is a first bullish sign, but doesn't mean bears are gone. I see it more as if the bears took the pressure off than being bullish now. As long as we move below the 11200/300, i think the bears are still in favor. It's even possible that the high is already set as well at...

A few days ago i posted a message in my channels to explain why i wasn't around much lately and that it will be like that coming period, but trying to post some updates here and there. Today i will write an analysis but will keep it short though. The past week the market has been indecisive through a triangle and now a possible double bottom. A few days ago i...

A post i did a month ago. Charts like this is to see the bigger picture and trying to stay objective. This also shows the reason about what i said in the analysis i posted few hours ago. About becoming bullish if we see a good consolidation in this zone. Since we are in a similar zone now, if the market can bounce up nicely again after a possible drop, and come...

Wow, this is not what i saw coming, seeing it rally this fast. I mentioned several times, that this move up, would tell me if we have more long term bullish movement, or that it's simply an ABC up and continue trend down again. The move up would depend on the strength of the current wave, to say if we are still in an uptrend or not. One would say, this is very...

Decent volume at the breakout today, so its looking good so far, but we should not already forget what a shitshow we had past week. So best to remain careful. 3 options: 1) We hold the bull flag and break up later today or tomorrow. As long as we stay above 9950/30, this option stays alive. 2) 9930ish breaks and we make a right shoulder. For bullish version,...

The daily chart looks really bad, not hopeless but it looks really bad. Why do i say this, it's very simple. If we have such a big support zone, like we have around the 0.3/0.28, then after such a liftoff we had a few months ago, it's very bad to see it come back down again to the same level. Now it's not hopeless of course, because we can see a similar thing...

BNB made a big H&S past 2 months, it broke the neckline 2 weeks ago, made quite the dump, but went back above the neckline just as fast again. Usually this is a sign of a bear trap. To what end, i don't know, meaning don't know if will see a new high again or that it's just a bear shake out. That slow drop we have had the past week or so, with dropping volume,...

With Bitcoin moving inside a frustrating range for a week now, alts are also showing different shapes. Some show bullish signs while others still look bearish. ADA is also still in the 50/50 zone. As i have mentioned countless times, almost all triangles in Crypto, are 50/50 to me. The triangle on the right looks pretty textbook, but since we have a lot of noise...

Previous analysis: Anyone willing to do a long term trade on EURGPB, now is the time. small confirmation of a possible bull trap move. Been watching it for weeks now, didn't dare to really short it earlier because it simply didnt want to drop . Drew the blue line 2/3 weeks ago, assuming they might do a final shake out. Well, maybe this is it now. It should not...

Like all the alts ETh also took a very big hit past week which is not normal for a bull trend. This wave down was bigger that the waves up almost. Not in %, but still, it should have never been this big. So what is very likely now, very small chance to see ETH simply recover this huge blow and go back to high 2xx levels again. Think best case we consolidate...

Anyone willing to do a long term trade on EURGPB, now is the time. small confirmation of a possible bull trap move. Been watching it for weeks now, didn't dare to really short it earlier because it simply didnt want to drop. Drew the blue line 2/3 weeks ago, assuming they might do a final shake out. Well, maybe this is it now. It should not get above the high...

Previous analysis worked out very nicely, actually even seen both pattern play out. One quick drop (small bear trap) completing the wedge and because it was a wick also keeping the double bottom alive. So far it is looking very good, almost perfect even. Now this kind of trade can become a big win. If we see that bull flag play out coming days, it's the perfect...

Previous analysis where i showed that H&S reached it's target very fast. Even after making that ABC upwards i showed before this last drop yesterday. There have been several attempts since yesterday to make a low and bounce up, but market was just so weak it could not even make a decent correction upwards. Small attempts that simply failed so far. I mentioned that...

Things are still looking bad, bears still seem to be in control at this point. From what i can see, think 11500/700 seems to be an important level to break for the bulls. Because if they don't manage to break that, the right shoulder of that possible H&S stays alive, making this bounce up we just had a lower high before we break down. The nekline is still around...

I showed this fractal several times lately, since it has been a nice guideline so far. The red circles are not really the same though. Back then we had a good double bottom, this time we don't but have been moving bit similar up nonetheless. The right shoulder is very different this time compared to 2017, that one was completed much faster and the rally was much...

XRP formed a nice bullish wedge past weeks, broke out few days ago but so far no follow through. It's not too late yet, but already taking too long for the second step up. This can be a sign that there are no real bulls around to pump it towards the yellow circle. In theory it can drop towards the blue line and then still bounce up, but from experience, if the...

NZDCAD seems to be shaping a nice bullish wedge at a long term support zone. Now the tricky part is, there is potential for a double bottom as well now, so maybe it won't reach the low of the wedge anymore. But instead of guessing, i am going to watch it coming week. Sometimes with a big double bottom pattern like this, with the sharp drop it made, we see a good...