botje11

botje11 Updated 

So far so good, looks like Bitcoin following the bottom formation i showed a few days ago. The drops were slowing down, making new lows but slightly below the previous one, which shows that bears are loosing momentum, but are they? With this i mean, are the whales preparing a short squeeze to fill up shorts again or are we seeing accumulation happening past days....

botje11 Updated 

For now, going to keep it short. Whales fooled most people once again. Again confirming these people manipulate the OI on Bitmex to give false impressions. They probably noticed people have become smarter past year so they need to adjust their tricks. They also changed their spoofing tricks lately, but that has become random lately and IMO it's best to ignore that...

botje11 Updated 

Lets update this one since markets are in panic. Seems Mr Trump can't even hold this. Was surprised to see how US indices were holding their ground past weeks, even though there were sounds that the economical consequences were much more serious than some people tell us. Even a few friends who work at companies (multinationals, smaller businesses, telling me it's...

botje11 Updated 

On the left you can see a blue trend line i have drawn. A week ago it looked like the neckline of an inverse H&S, but now it seems as if that same line still has a lot of value. When zooming out, ETH looks great, forming what looks like a big bull flag. There is one big danger though and that is the lower high we made a few days ago. Lower highs is very normal for...

botje11 Updated 

Just one trap move after the other lately. Can't say if it's being done on purpose or that it's simply a real fight going on. Like yesterday i placed the following update in my channel: 10050 has been a big resistance so far, quite the rejection. Now a BART move is being made/has been made. But as always during up trends, the big question is will the bears fail...

botje11

It was an almost perfect trade, predicting the pump and dump upfront, getting a nice entry and a bounce. Even more, getting what looked like a break of that trend channel, but there was no follow through unfortunately. Got in 2/3 of my initial entry but got stopped out a week ago. Now the idea is not completely dead yet, but i am not going to keep on trying...

botje11 Updated 

After my update yesterday we made a drop, but not how i wanted to see it go, was a bit too random. At the moment Bitcoin is flirting with the 9750ish for quite some time already, improving chances for the bulls. So unfortunately, this makes things bit more difficult again. Drawn a channel on the right, if it keeps moving inside that, then i think its still...

botje11 Updated 

At the moment, looks as if an ABC towards the 10100/9900 is the minimum here. A lower high seems to be in the making around 10400. Only doubt about the ABC, is that weird wick we had yesterday, the yellow circle. Because could mean it has been completed already. There has been a lot of noise with bitcoin past weeks, but think that is mostly because of the alt...

botje11 Updated 

So it only took a few minutes after my previous update for the bulls to break 9920 and pump it to 10300. Was almost like they were in a hurry :). Didn't even take the time to complete the right shoulder. Will try to write an analysis tomorrow, for now wanna keep it short. The target zone i mentioned around 10200/600 for the bull flag, is still in play. Targets...

botje11 Updated 

Sa danger is starting now, some volume on the drop as well but even more, we are back in the wedge. Think now it's important to see, if we drop towards 9600/9650, it will get dangerous i think because then we could make a right shoulder for an H&S. Now just look at the weekly candle, how manipulated it is. Creating a big buy signal, but without wasting time...

botje11 Updated 

Sometimes the smallest signs can be the biggest/most important ones :) The attentive reader/follower should understand what i mean with this. At the moment, as i updated earlier in my Bitcoin analysis, ETH is showing an almost perfect bearish wedge, almost doesn't get much better than this actually. But why then do i still not really trust it? :), because there...

botje11

I did not update this one on purpose, because of the noise we had with Bitcoin past weeks, i thought it was best to see this one as if it is moving independently from Bitcoin. But now, think best to take a look. Main reason is, past week it has been quite weak compared to the rest of the market. It moved perfectly inside that bull flag i had drawn back then,...

botje11 Updated 

Don't know what to make of all this. Simply moving up, but it's almost in slow motion with no real aggression or fights between bulls and bears. Showed the wedge the other day, which looked pretty legit. Even if it wasn't a wedge, the resistance line was/is there for sure. But today me moved above it like it's not there. Now i don't mean that it should not have...

botje11 Updated 

Update i posted few hours ago in my previous analysis: This is not exactly the reaction I expected to see, a small stable drop like this. Weird, several times support broke and we wicked back up in no time. Now acting like that never happened. Don’t know yet what to make of this One thing that could be the reason for not seeing any volatility, that is the...

botje11

This is a follow up on the previous analysis, so things have not changed a lot since. As i updated, the break of support was a weak move from the bears and we have been moving sideways since. We can see in the chart that the trend line was and still is real. It broke and price has been moving below it since. Looks like it is moving inside of a small...

botje11 Updated 

Not been around past week due to personal circumstances. Not going to update now, because this price action sucks. All i can say now is, that if we get a daily close below the 9200/100, normally triggers a sell signal, normally at least the same size as the candle. To many mixed signals for bulls and bears to give any predictions, with alts being very bullish....

botje11 Updated 

Looks as if this trend line is a real one, have a lower high on the right, at the support now. So normally if the support breaks, we should get a good drop. So think when 187ish breaks, we might see the bull flag on the left play out. Same deal as Bitcoin, a correction is most likely, for ETH even more likely since we are bumping against a big resistance now, as...

botje11

Followed the plan almost perfectly, but the big boys have been testing our patience though. Pushed it down a bit longer than i thought they would, but maybe that is even a good thing. Assuming my theory was correct, to dump it for a stop hunt, past week taking their time to load up longs. Because of that, assuming they might have needed that time because their...