Litecoin has been a strange one the past week. Going from a bear trap to a bull trap a few days ago. The upside breakout looked quite solid, volume was on the low side so i knew there was some risk, but it was not that bad to see it drop all the way to 50. We have just tested that former support level again and so far we got a bounce and are above the danger zone...
Dashcoin is moving very stable inside of a channel which has reached a support zone now. So either we break the support and make a big drop out of that channel, or the bulls ar ready to get in now and push the price towards that red resistance zone (previous high). Trading it here is very risky, because i think it could be trapped inside of a range between 165...
ZEC' is also showing a long term bottom formation like many other of the bigger Altcoins. My previous analysis I caught the low in September where we saw a good volume breakout to the upside. Where we saw a good break of the bullish wedge. Even thought the move up fell short, it does not mean the pattern (bottom formation) is off the table. As long as the price...
Previous analysis on XRP' went perfect with a +20% profit where we got in at the low and sold at exactly the top. Wish it was that easy all the time, but as my early followers know i am not the kind of person that sells dreams. Just like Bitcoin', XRP is also still at an important point for the mid/long term. After the drop we found support at that green zone i...
After the big and strong high volume rally BCH' has made, the bull flag i suggested in the previous analysis failed completely, it actually never even made the first leg up so there was not even a bull flag to be seen. Volume is still high on BCH' as well. The whole market is anticipating on the hard fork of BCH', as always a lot of speculation going on about this...
The 6300 support has been tested a few hours ago, it broke because of a quick drop (probably piled up stop levels) and it went up just as fast again. The bulls and bears have the control in their own hands now. A daily close below 6300 creates a small sell signal and a close below the low we just made (6260ish) will be a bigger sell signal. The bulls have a...
My previous analysis: Previous analysis i showed a few signs, indicating the possible weakness on the short term, which got confirmed quite clearly eventually. It was a good example of a better safe than sorry situation. It bounced up twice exactly from that support area i showed and so far it has been moving up slowly. I am going to try and trade this one,...
XLM' has been on of the strongest Altcoins of 2018, it's maybe the only that never got below the April low, not even Bitcoin' was able to do this. The past few days have been a confirmation of this (hidden) strength. Why? Just look at the movement of the past few days, the whole market broke the bullish patterns and dropped while XLM' simply made a big bull flag...
I think ETH is at an important crossroad now. We had a breakout from what looks to be a clear triangle. But the volume at the breakout has been very bad. That's why it has been dropping again. At the moment we are at the support zone again, so i think the decision for the coming month could be made the coming days. I have drawn 3 scenario's, 2 bearish and one...
We had a nice rally the past week up to around 6600 but the break out fell short on volume and conviction. I gave it a second chance when it looked like the breakout attempt was forming into a bull flag. But we could see alts slowly dropping a bit with a stable Bitcoin'. This was a sign for further correction down. I gave some warnings the past day or 2 for...
Previous analysis i showed a bear flag that worked out quite nicely, but it did not reach it's target though. At the moment it looks like a wedge in the making now. However, i do not really like the shape of it, but because it is at that red resistance zone, i am taking a shot at it. The RR is amazing on this one and on top of that, i will start out with a 50% pos...
Been watching this one for some days now, have been waiting patiently because i wanted to wait out all the fake bear trap moves before shorting it. The ones who don't have a lot of experience in FX trading, sometimes it's textbook trading but other times there are so many fake moves as well. Key is having patience and trying to get an extra edge in recognizing the...
Bitcoin' has moved up from 450 to 650 since i posted my first post a week ago, so far it has confirmed the bear trap counter move. It has moved up 50% and assuming the extreme days belong to the past, we can assume things will slow down a bit the coming week or so. There has been a lot of talk about the hard fork later this week, I personally choose to ignore it....
Previous analysis i showed a few signs, indicating the possible weakness on the short term, which got confirmed quite clearly eventually. It was a good example of a better safe than sorry situation. It bounced up twice exactly from that support area i showed and so far it has been moving up slowly. I am going to try and trade this one, risking a tiny amount at...
Same as OMG, the trade never got active, so once again better safe than sorry. The inverse H&S has turned in to a possible triangle now. Again i will wait patiently for this one for a break of that resistance level, just like the previous analysis. Just everything else in crypto, we want to see some volume getting in during that break out. The target of that...
The previous Oil analysis gave us a trade from the 75ish down towards the 65/66 and for the daredevils even to the current prices at 63. Now i expect the downward move is probably coming to an end now. Based on this fractal but also common sense, made a huge drop already so we should see some short covering soon (shorts taking profit). This drop has been a bit...
I have been posting about ADA' a few times now the past 2 months, this time i am NOT going to give a short term view but only going to do the long/mid term view. Just too much noise on the lower time frames lately. TA is quite useless on the low time frames because Bitcoin' is moving too randomly. Each time when it looks to make a rally it drops and each time when...
XRP is still making what looks like a halve baked upwards breakout. Still no volume during the upwards movement, but looking back at the past few days the volume won't kick in until the red resistance breaks around the 0.47ish. I kept warning for the low volume breakout the past few days and eventually we saw the price drop again because of that. As we can see,...