botje11

botje11 Updated 

I am giving you here my day trading setup for today, with some clear support and resistance levels. The blue and red line are the most likely scenarios to work out because Bitcoin has started to show some weakness the past 12 hours. It's nothing to be scared about, as long as we stay above the green area around 7500/7600 the bullish scenario is still in play. I...

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Bitcoin has been moving sideways since the rally off a few days ago. Markets usually cool down and go sideways after a big rally like that and with Bitcoin during weekends the chances are even higher. When we look at the rally off month ago, we are almost moving in identical but there are a few differences: - Now it's weekend with less whales - Volume is much...

botje11

I wanted to show you this analysis again for the ones who have missed it and for the ones who have forgotten it. It can be very valuable information if you understand what was going on there. Just really look at what was going on, try to remember the market sentiment as well. I am still not going to give the answer to this puzzle, because i have already given away...

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I remember when many people were calling me crazy for thinking we could go to the 8K's and maybe 9K's a week ago. Until yesterday even i thought i was crazy :). Because it was just taking so long for price to break the 7K resistance. One thing that is very different than the failed rally to 7500, many Alt coins have really exploded indicating that market sentiment...

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An easy trade to make on NEO, great risk reward

botje11

Remember this chart guys? Of course it did not follow my path exactly, but like i always say, TA is not exact science. Anyway, just look around you right now and maybe even ask your self, what were your thoughts when i first posted this chart? I just know many of you were saying this guy is crazy thinking we will see those 8K prizes so soon. Now i am not...

botje11 Updated 

Okay people, finally we have some movement, finally Bitcoin is doing what it's supposed to do, why we love the crypto world, VOLATILITY!!!! For almost 2 weeks bears and bulls got frustrated with all that sideways action. When you look at a few of my older posts i have been calling for a minimum target of 7700 but my gut was saying we should go the 8K levels and...

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Similar picture as my Cardano analysis, looks like price is starting turn up slowly. We could just drop out of the pattern, but i think Bitcoin will make a relief rally soon and this coin will outperform BTC once again. Not saying the bull market will begin, it's a simple trade with clear entry, stop and targets.

botje11 Updated 

My followers know i have made several long trades on Bitcoin for almost 2 weeks. Most were surprised because i have been a big bear for months now. But many were just as surprised when i was shorting Bitcoin at the 11.500.11.600 2 months ago :) *I went long at 6460 2 weeks ago because of the bear trap i predicted perfectly, but i did expect a bigger bounce than...

botje11 Updated 

Ideally price drops towards the green area now, if we do i will probably go long again around the 12.100/12.150 for the final wave up in the 12.700 area. There i will build up a very big short position, which has been my plan since we made that crash 2 months ago. To understand my plan better it's best to read my previous analysis about the DAX Here where i...

botje11 Updated 

I am just getting to many mixed signals still. This bear flag has become to big to be very reliable, it does show some signs that it is making a bearish wedge right now. But the bigger picture shows a higher high and of course my own way of looking at the market, still says we have to go up from here. But the US tax on crypto issue just keeps spinning in my mind....

botje11 Updated 

In my previous analysis i gave the answer to what Bitcoin was doing the last week or 2. I said that we were in an accumulation phase around the 6500/6800. I caught the previous low (the bear trap) when i went long with an average price of 6460 thinking we would go higher, but after a few days we dropped again quite fast to the lows and have retested them so far. I...

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ADA seems to show some positive signs, it has made slightly higher lows since a few weeks ago. But it's all inside a somewhat bigger triangle, so it's not out of the woods yet. Price also broke that bigger down trend line, which it has successfully retested as a support so far. It starting to show a similar pattern as a week ago, making less lower lows and now...

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Another Alt coin that will probably outperform Bitcoin IF we start to make a relief rally soon. Also to options for a stop level, the blue trend line or that support area. Depends on your position size and the risk you want to take. First target is clear, but if BTC is able to get in the 8K levels again, EOS should be able to go higher than that

botje11 Updated 

This wedge you see is not the best i have seen, but it has the characteristics of one. In combination with a potential inverse H&S we could start to see some higher prices. This H&S is a weak one, so it could easily fail. 2 different stops that could be used, that blue line, actually i don't want price to fall below it or the green area around 600, depending on...

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Picture speaks for it self, very good risk reward now. Broke the small downtrend, so chances increase we could go up from here

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I have been saying for months that OMG is a coin to watch when a rally is expected from BTC. My previous analysis about OMG was picture perfect, it had reached the target and since than it has been the low and have been making a higher low. As for all coins, it all depends on BTC what the price will do, but i expect BTC to make a relief rally soon and OMG will...

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Bulls and bears getting frustrated by this sideways action, i know i am. If we would just know upfront when price falls a sleep like this, than we could get some extra sleep as well :) A few days ago i made a perfect call by going long at 6460 (average price) when we broke that flag/triangle/pennant/whatever on the downside. I was watching the price action very...