botje11

ETH might be a bit easier one to watch, because here we can see the process of making a rounding bottom has started already. I have chosen the Bitfinex chart because we don't have such a huge wick there. I just can't be sure that it's the right though, but no choice here that to do the most logical thing. First of all, the highlighted orange area shows that it's...

A few hours ago i wrote this in my (public) channels: Crazy ass market, the 7600 was a clear neckline, think the whole market new that. But to see this happen, is a bit insane as well. I still need to check everything, but at first sight it seems volume was not huge. Looks like bear flag in the making now, so i would be careful with going long here. Shorting is...

It has been a very long road but we finally reached the target of the alt coin market cap. It followed the healthy version of the correction almost perfectly. What we see here, is something i would have wanted to see with Bitcoin as well. A big retest of former resistance. So there is a chance that alts have left the bear market behing them. Just a small sign now...

With the alts rallying since yesterday, i began thinking if this is April 2018 again, but with a slow start of the alts. Back then when Bitcoin squeezed up from the 6K zone to the 8K, then moving in a range of 7800 and 8400 (same as now, but think that's just a coincidence). Making bounces up from the range lows up to the highs and back down again, like now,...

On the right we can see that eurusd made a clear break of that support line today, but bounced back up even more. Suggesting a bear trap move. Usually when we see a trap move, the market continues in the opposite direction (in this case up). It could still just be a wick that went back above support, so it could be a simple retest of former support. But doesn't...

After the great short trade we did 2 months ago, EURAUD had made a big rally past weeks and it has to make a correction sometime. With this possible wedge in the making, we might be able to catch the high for a decent correction. It's not a great wedge, because it could possibly be a ascending triangle instead. So i want to see a few more rejections first before...

Daily candle looks very strong, could be a reversal on the short term. If we see a nice flag being formed on the right coming hours or so, it is very likely to see another similar wave up. If the flag holds, it's like 70/80% chance it will play out. Previous analysis:

So it dropped and looks like a small false breakout. Usually no way of telling upfront where it might end. But on the right we can see a possible smaller wedge, which would be an ideal false breakout low. So i am going to try a little bit here. If we cross red the level on the right, i will increase it, but only if we see a strong bounce up, confirming the false...

We can see LTC being inside of a range between 93 and 84. This double top looks legit, but won't be confirmed until the 84 breaks. We can see a small bear flag on the right as well which can drop back to 86.5ish. Now the market can still turn this into like a triangle, but then the thick black trend line should hold. If that one breaks, the double top become more...

In an update i did a few hours ago, i mentioned that we are likely seeing momentum drop on the short term. Highs are getting less high now past 24 hours. Which usually results in a wedge, but as we can see on the right, it looks more like a channel than a wedge. Also on the left, i have drawn a wedge, i do not like it because the push from 7000 to 8000 is too...

Previous analysis i showed a nice bullish wedge which played out perfect. Broke out, then it did hesitate a bit, but stayed above the new blue support zone i showed in the update. I see we have made another big push now. Broke the .036 resistance already and even touched the 0.4. This 0.4 is also a big resistane at the moment, which won't be an easy one to break....

Looks like a nice setup here. On the left it looks like it might be making a bottom formation with this wedge. On the right we can see a possible double bottom. But it's a low time frame one, so not the most reliable. In a situation like this there are 3 options: Red: Going long now or after the small red resistance breaks. After the red breaks, i would say...

I looked at today's chart and all of a sudden it struck me, i think i have seen this shape before. So i looked back at the 10K rally in April and saw this shape. I had it half a day ago, but thing is. Back then things went much faster than past half year. So the time frame did not feel good. But now when thinking about it again, this rally has been extremely fast,...

So it dropped exactly to the lowest support line. While i wasn't sure about the btc pair if it would rop more or not in the previous analysis, we have our answer now. But something to think about, the xrp/btc pair did not drop because XRP dropped, it dropped because Bitcoin outperformed XRP once again. Anyway, that bear flag on the left i talked about in my...

Compared to all other alts coins, ETH has rallied quite well. Following the blue line almost perfectly, like it's glued to it even since i started this analysis a month ago. Had quite the rally past 2 days but now already getting dumped again. Tricky thing now is, has the target already been reached or do we get to see at least another wave up. The target of the...

Previous analysis played out almost perfect, made another drop and bounced up from the green support zone on the right. The bigger picture correctional phase on the right is still following the blue line the past 6 weeks. Following the healthy version of it. Only thing is, Bitcoin has rallied so much more the past weeks, they are not sharing the same sentiment....

Looks like Bitcoin is loosing some momentum now. Starting to have troubles making new highs. Nothing special yet, it has made an insane rally already so it has to drop at some point. No way of telling when during a madness rally like this. But now we might have something to go on. The upwards trend line just broke, so now we get to see if it can get back above the...

I had a day off today, so i didn't watch the price action closley, but i have been thinking about what might me going for the long term especially. I started to write my thoughts down: At this point, i still really can't say what the next step might be. I knew a move towards 6800 was possible, as described in my analysis as an option. But it was bigger, but even...