botje11

botje11

Going to keep this one short, planning to write a normal analysis as well, just wanted to show this "fractal" again because even though its not identical, it does seem the the steps so far are the same. What i wrote in the previous analysis: Think, at some point, we will make another retest of the lows, was thinking that past days as well and this chart shows as...

botje11

Week ago I posted a few times about the daily candle of LTC, showing that i was important for the bull to keep the close above 160. On the other hand, it also seemed as if bears were defending the 172 (maybe 176) daily close. So far bulls managed to hold the support and 2 days ago the 172 broke. Because BTC seems to be in a correction wave (assuming 38.5kish...

botje11

Reality check once again for the whole market, always having to learned it the hard way, but i will leave the psychology part for my Bitcoin analysis. Past days have been some shitty correctional movements, not making clear yet whether this is a correction of the big drop we had past weeks and eventually continue to drop even more (meaning potential bear market)....

botje11

Going to keep this one short, will try to write another analysis soon again. Think, at some point, we will make another retest of the lows, was thinking that past days as well and this chart shows as well that its not far fetched to think that. The massacre was quite big past week, not likely to think the market will recover in just a few days. normally it takes...

botje11

A follow up on the previous analysis and the updates i did since. I showed a small bearish wedge (yellow triangle on the right) a few days ago, which was forming inside of the bigger one (black lines on the right). Since last week i kept saying that the key zone for the bulls to break is 60kish, where resistance would start from the 58k zone as talked about in the...

botje11

So far the plan i drew 3/4 weeks ago, played out pretty nicely, therefore at the moment it is still my game plan and i have no reason yet to change it. What was pretty funny, think i posted it a day before the 64/65k high, was the following: I was talking to a good friend of mine (who doesn't trade crypto), that works at small factory with 200 employees, he was...

botje11

Man, sometimes i can be such an idiot :). I noticed yesterday that i accidently posted 3 analysis as a hidden post, then i posted all of them again as a normal post, now i am seeing i posted this one twice as a hidden post :), One would say, if there was a moment for alts to rally, it would be now with Bitcoins big ATH breakout. But why are most of them barely...

botje11

Chainlink is showing the same picture as many other alts coins, hanging close to a neckline but also close to a resistance to break up. On the right i have made a range, between the red and the green. I think that a break of either of them, is probably the answer to what the direction will be for the coming days. Since it's weekend now, there is always a chance...

botje11

I posted this analysis 6 hours ago, but accidently pushed the private idea button, so here it goes again. This is the last analysis with this title, because after a lot of patience it got reached and impressively even over reached by a lot. As you might remember, i kept talking about that bull flag from 2 weeks ago which had a target around 22K, but wasn't...

botje11

In my previous analysis i started with the following question: XRP has been pretty weak past days, each attempt to break up failing and getting pushed back down again. Giving the impression it just can't rally anymore, but is this real or intentional? I gave the same question in my Bitcoin analysis a few days ago when it was in the 17K prices This happens often...

botje11

So far things have been somewhat as planned, but must say, the consolidation (the bull flag on the right), is normally way too small in time. It did do that shake out move up as the blue line shows, but also smaller than i thought it would do. Was thinking more of 19.7/19.8K on the upside and going lower towards 18.9/18.8k on the downside. So more of a 800/1000...

botje11

XRP has been pretty weak past days, each attempt to break up failing and getting pushed back down again. Giving the impression it just can't rally anymore, but is this real or intentional? I gave the same question in my Bitcoin analysis a few days ago when it was in the 17K prices. Most things i mentioned in my previous analysis, still stand. Yesterday's double...

botje11

Past hours i have been thinking about what to write and of course about what Bitcoin will do. Again Bitcoin pumped without giving doubters at the lows a change to get in, same as they did 3 weeks ago. I have been seeing this a lot in the stock market. I know it's a tactic of the big boys, it's to make the ones who were waiting for an entry desperate as it simply...

botje11

ETH was testing the bulls patience, just like with Bitcoin, doing a full pullback towards the lows again to test if that support would hold. All this instead of making a higher low, because the 550/447 broke a second time, the level i said must hold to form that higher low. Another thing to remember, is that black trend line on the left. The same line as Bitcoin...

botje11

Here we can see that not just Bitcoin is repeating patterns (bitcoins fractal i posted Friday played out very nicely). So maybe these things still have real value, but as mentioned in the Bitocin fractal analysis, these things should not just be followed blindly, it needs more. The support line on the left, in theory could go on for a very long time, since it's...

botje11

And again it did a nasty drop below the triangle support and once again it got back inside of it. It makes it very difficult, because what should we follow, the triangle on lower time frames, which shows it clearly broke and is doing a retest now, or should we follow the daily chart? Think everyone has learned, that in general higher time frames have more weight...

botje11

Yesterday's last update looked pretty amazing with that chart i posted, following it pretty nice, but where i was waiting for that higher low, it simply started to dump in a straight line almost. I lost that chart, but tried to draw it again (left chart) to show what happened since (chart below). As you might remember from my analysis of a few days ago, i...

botje11

There is no ignoring that there are quite some similarities here. I know there are people who love this kind of "fractals" and others who don't, but as i mentioned many times since 2019: They used to work very well in 2018 and before, but since 2019 they have lost there value. But they still work now and then, I can't predict when they do work and when they don't,...