BCH has outperformed BTC the last few weeks, now it's clearly waiting for BTC (just like most other coins) to see if it goes higher. It is in the making of a bearish flag, which suggest short term we could go lower. However, it did get above the previous support level of that big triangle (wich i shorted a month ago). So that is a sign of strengh. For now it's...
Most people seem bullish again on XRP, but this coin is one of the most overrated ones. It goes against everything Bitcoin stands for, but most people don't know that, don't understand and probably don't even care. They just like the great stories about coins like this one, the big moves they have made in the past. And just can't except they missed the big ride....
After writing about spoofy for several months now in many of my trading updates, i finally cracked the system and earned almost 250 points in 10 minutes because i just knew a move was about to happen. I have been thinking about it many many times, but because i am not always able to follow the order book at Bitfinex a took a while before i could build up a theory...
It will go up towards the 12440, to retest the break out price of the wedge. That we be a perfect opportunity to go short. With a stop around the high of the day, target around 12.000
Short is making a bearish flag and or a triangle now. What nowadays also gets called an inside bar (on the 4H chart). It's at the support level now and almost dropping below it. Target is around 1330 and a stop around 1352
Bitcoin is within a triangle now, ranges are getting smaller by the hour, it should choose a direction to where it wants to go within the next few hours. It think it will drop some more, towards the 9500, that we be an ideal entry point to go long again. For now i am still short from 10580. For more info, look up my previous charts with updates and analysis
Crude Oild is making a rising wedge, it has all the characteristics of it. This means it will retest the lows at 58 very soon
This coin has been one of the strongest lately, outperforming Bitcoin with every rally. But like any other coin, if Bitcoin drops all others get dragged down with it. I think Bitcoin will make a correction after the big rally it has made, if OMG drops towards the $13 it would be a good price to go long there. Now it's to late to jump in, even though the inverse...
IOTA was one of the golden childs a few months ago, lately it seems to be forgotten. Now it is making a rising wedge of wich it has already dropped out of. Stop around the previous high at 2.20
There is just no stopping it, making identical bullish patterns all the way from the breakout at 8400
Crude Oil is making a rising wedge, which means it will retest the lows at 58. Perfect moment for a trade with a stop around62/62.50 and a target just above 58
Bitcoin has broken out of the 8000/9000 trading range, it broke out with high volume and made a big rally towards the 10.300 without making any real correction in price and time. In my updates of my previous charts, i showed there was a small H&S in the making with a target around 9500, which would be healthy correction of this rally. 9500 is also a level from...
The break out was with conviction this time. Most exchange show a big volume during that break out, so thats a positive thing. The target is difficult to predict now, but it should be around 12K. However i don't think it will be that easy to reach, but this break of the 9K is a first big step!. Whatever happens, it should stay above the 8400! But actually above...
Bitcoin is hesitating to go higher and break the 9K level. It has formed a H&S now. This could be a very good risk reward trade. Conservative trader waits for a break of 7800 for confirmation, an aggressive trader could go short now while being higher in the right shoulder. Stop could be set at 8500,8600 or even 8800. I always adjust the size of my position when i...
Gold shows a top formation, easy trade with a clear target and stop
It is making a possible double top now, If it drops below this rising trendline, it would be a good moment to go short. If it does not drop below, expect it to take out the high at 1.25 For more info on my long term (bullish) view including some fundamentals, take a look at my previous EURUSD chart
At first i thought the 8500 woud have been the top inside this bear market trend. But it should have dropped towards the 6K low within a day or two. But i remember the same a while back (a follower reminded me of this fact) When a month ago i droppped to the 9200 low and when we saw a big impulse wave up i very quickly predicted we would probably reach the...
Bitcoin broke out of the rising wedge, which is bullish, could mean the sentiment has changed completely and people are buying again. But the bear market is not over yet!