The market got pushed higher again by those buyers probably that entered the market around that green area! (from the last update of my previous analysis) And it's the same thing we saw around the 11K levels, a wedge that goes to the max of the hight, dropping out but not falling and getting back up again. As we can see now, it's making a bull flag, suggesting...
I was trying to post 6 hours ago, but i kept getting an error. I posted it as an update in my previous analysis. Here it is again: Bitcoin has been go higher slowly, steady and controlled, just like we did when we broke the 9K a month ago. Since i went long around 7400 and got out at 7970 (i was waiting for a bull flag to jump in at 7800/7700 again but i missed...
This the latest update i made on my analysis about Bitcoin. I just would like to show you this and see what you make of it. So comments and questions are welcome This looks like a wedge, but it only counts when those to orange area's are small fake outs. But the most important thing, the volume picture is wrong for this to be a wedge. If volume was right, i...
I have copied a few lasts updates of my previous analysis. I just want you guys to read it again, look it up to understand better what i sam saying here, because you get the chart of that moment with it! On this one we see, for this rally to stay in full force, we have to stay above that blue line you see in the update above. For this rally to stay strong,...
I have been shorting this coin for more than a month now, giving that green are as a target. now i still think we will go much lower, but for now chances are we can see a move up of 25%, towards those red resistance area's
My followers have been making a big ride with me from the 11.600 to 8500, from the 8400 to the 9800 and from the 9800 turned short again to the 7900. All these moves were called sometimes a few days upfront. Since we broke the 8K downwards i have only been making small long and short trades, because i was waiting for a big move up (correction). Saturday i...
There are always 2 options when a wedge is made, here it's most likely we break upwards, but here is always a chance it just makes a big drop. Depends on how weak the market is. ETC is a coin that could outperform Bitcoin with a temp rally, it seems it has already made it's false move downwards, so big chance the low is already set here. I just went long at at...
LTC could make a temp move up towards those red resistance area's. The target of this wedge should be the highest one, BUT the market is still very weak. So i would close the position in 3 portions around those levels.
The weakness Bitcoin has shown the last few days has surprised me a bit, i did not think we would go this low during the weekend. But it starting to look like we are making a wedge here now. Look at the similarities we had at the 9300 low a month ago. This should mean we are in the final stage of it. BUT, volume is still to high, so that means it's probably not...
I was responding to a followers comment, i thought it was worth posting again here: I have adjusted it and added some. That was a mean move, letting it drop like that while giving the impression that it would go above the 10K. But that's how markets work, pushing bears and bulls out and taking their money while doing that. This move it made earlier today, is...
Crypto market is probably headed for a new climax point, probably lower than the low in Feb. XRP could probably drop in the 0.40/0.50 zone Ideally even around 0.35. If the market makes a reversal there i expect this coin to make a big jump up again. My previous analysis about XRP
Bitcoin still is going perfectly as planned for more than a week now. it is still showing much similarities with that drop from 12K to 6K. Now we are most probably in that green area, which means chances are big we will make another smaller flag, with ranges between 7900 and 8600. It's all looking very bearish now, no bullish signs whatsoever! Alts are showing a...
Looking at BCH, we get a much clearer picture to where the market could go before we make a crash again. BCH is making a retracement of that H&S neckline at 1200. For Bitcoin i expect around 10.000/10.200. As we all know, the whole crypto market moves in the same direction. Ideally we come very close to the 1200, if it gets close i will start to short it from 1180...
My followers know i predicted the bear market would start when were still at the 13.440. I saw a big rising wedge which you can see above, predicting the and of the long bull market we have had for many years. We have bee busy with wave 2 correction wave, we have started with the final leg C, think will go towards the 12.800. Short term, i think we will make...
As one of the few here i was shorting Bitcoin at 11.500/11.600 because i knew that big inverse H&S everyone was looking at would be a big bull trap. I predicted an acceleration down, which clearly happened (look up my previous charts for more info). I closed most of my short positions around the 8500 because there i predicted a short covering rally. Even though...
Litecoin seems to be making a rising wedge, a bearish pattern. We could see one last small wave up towards190/200 before dropping to 150/160 again. But longer term probably even lower. Litecoin had outperformed BTC many times the last 2 months, but that power seems to be gone a few weeks already.
I have been watching this coin for a while now, this would be the first coin i would buy IF there is a moment after a big crash where i think the market could make a relief rally. This one has outperformed BTC many times and with great numbers. But for now it is making bearish patterns, indicating it will go lower. The red area is a clear resistance, the green...
NEO's glory days seem te be over. The big outperformance it made the last few months have been over for a while now. No it has made a bearish flag wich says we are going much lower the next few weeks. I think a target of 40/50 is very realistic for the medium term. But i hear many good things about this coin, and was clearly a loved coin for a long time. But...