I have been big bear on Bitcoin' in 2018 up until June. Catching the April bullish move from the lows and the Juni/Juli upwards move. Predicting these bullish moves was VERY difficult because most of the (TA) signs were showing more bearish movement, especially in April. Just like the most of the highs i predicted in that period, these were also very difficult...
Apple broke an important support level (red zone) that triggered a possible H&S. This has a target around 195. But the right shoulder is not a typical one for an H&S and Apple was also still strong compared to other tech stocks. That's why there is still a possibility that this is all a bullish wedge. For the H&S it should stay below that red zone, a break of...
Been watching this one for almost 2 months now, seems to have formed a good pattern now. First goal is that blue line with a first small TP at the first circle. This could potentially be a long term long for this one. Previous analysis:
The previous analysis worked out very nicely but this time there are much more uncertainties in the market. On the lower time frame if looks like LTC broke a small support line which looks like a H&S, but these are not reliable. Of course depending on what Bitcoin and Tether will do, i think the price might move in to the green zone and could slowly turn up again....
The previous Facebook analysis where we caught the the ATH prices worked out great eventually. Unfortunately not everyone could trade it because the big movement happened during the after hours trading which is not possible at every random broker. Now a few months later the price kept on dropping and has reached the 2018 low again around 150. So it is at a very...
Looks like a solid bear flag from which we will probably see a breakout this week. If the 45ish breaks (green support zone) the chances become much bigger that the target around 42 gets reached. Price needs to stay below the red zone for the bear flag to remain valid.
The previous analysis on Amazon worked out great so lets try to catch another good trade soon. On the lower time frame it looks like Amazon has formed a small inverse H&S, but from the looks of it the chances are big it will fail. Unless of course the US futures are in the green tomorrow and the price opens around the neckline again. If the green support zone...
The bottom formation here looks quite solid. The green support zone has been holding for quite some time now. The rejection after the triangle breakout earlier today is quite worrying though. Still above the support zone of the triangle. The target is actually around 3.9, so i am wondering if the market was too weak to reach that (bearish sign) or that the bulls...
Bitcoin' is still moving inside this triangle, probably because the Tether chapter is still not over. Bitcoin' does seem to have moved from that range (between the red and green area) to a triangle now, indicating that it might all be ending soon. No way to say which of the triangle targets will get reached, but normally the bullish target is slightly in favor in...
The crypto market has been sleeping for quite some time now and it looked like Tether was finally breaking it's range and was on the way back up to healthy levels, but within 5 minutes of that last update i gave the price dropped back in to the range again. But the move up was with MUCH more volume than the volume that dropped the Tether price. The triangle...
XLM has been one the best/strongest coins of 2018, never dropping below the April lows. Looks like a very big triangle where we already broke out of. At the moment it looks like a inverse H&S but the right shoulder is still a weak one though!. So i would only buy it AFTER a break of the neckline, buying it here is asking for troubles. If the 0.25ish breaks, i...
There are 2 options (obviously), up or down. For the move up i see one scenario and that is a strong move up today and tomorrow towards the 7300/7350. If that happens it will form a W (double) bottom formation which could bring the prices back to the ATH. For this to happen we need to see that blue line happen as we can see in the chart on the right. Would mean...
ADA still looks like the longer term bullish view is fully intact. The only doubt there is, is the sideways break out movement from that big bullish wedge. The volume during the break out is textbook, but because the market (Bitcoin) kept moving sideways and dropping again after each rally, ADA bulls have probably not been confident enough to buy it's price...
I just had to show this fractal because the similarities are just quite amazing. The from 2017 took about 4 months, this one is around 2.5 months. The volume picture is different but we are in a different market than last time. But to be honest, Bitcoin is still in very dangerous territory so i am not that confident if the same will happen again. Maybe if the...
Looks like a very clear triangle, like every triangle it can always break out both ways. When looking at the bigger picture i would say we will break upwards to retest that red resistance zone, which would form a bigger bear flag if the gets rejected there. I will wait for a clear breakout before taking a position on this one.
BCH is showing a similar picture as ADA, with a big volume breakout of what seems to be a long term bullish wedge. Same story as ADA, still allot of risk in this indecisive market. That pattern inside the blue lines, looks like a triangle but it could also be the form of an H&S. So the price should stay above the blue line. The orange level should be the maximum...
Bitcoin is still inside the range it made since we made that weird rally a week ago. Moving between 6500 and 6350, with very slow and low volume movement. I am still quite sure that we probably won't see a break until Tether makes a more significant move. I have advised to take a break since almost a week ago, that advice is still valid. Alts don't give any real...
After reaching the target around of that H&S from 2 weeks ago towards 0.35/0.40 XRP is showing the possibility for a small H&S that can bring the price back to that yellow circle following the red line or a bigger inverse H&S that brings it towards the 0.58. On the lower time frame it looks like it will drop but it's still above that neckline. The bullish H&S is...