hendrik87

hendrik87

hello guys, i want to show you my view on the bitcoin/usdt pair. because its the most important chart of the cryptospace in my opinion. everyone on youtube is shouting for 100k and 200k, but i think we topped out at 69k and we are in a very big monthly wyckoff distribution. we had a crazy run in 2020 to 2021. as you can see in the charts i pointed out the buy...

hendrik87 Updated 

goodmorning dat eh, i have drawn the possible support and resisitance zones for btc at the moment. btc is forming a v shape recovery at the moment. this is one of the most bullish recoveries. whats important for now is to test the upper side of the resistance so 48400 till 48600. if we dont make it and test the bottom of the resistance at 46500 and we make a...

hendrik87 Updated 

for the continuation of the rally on macro level, so the daily and weekly, we have formed a higher low, althus the higher low isnt confirmed yet, we are on the break of an descending wedge on the 4hr. this coudl coincide by the continuation of the rally so we have green months ahead. if you look how many often btc is bought up by the 40k level. i dont think we go...

hendrik87 Updated 

hello guys, i believe we just topped out in a big wyckoff distribution scheme. its very hard to determine the distribution if youre at te top of the scheme, but i think its very similar to the textbook wyckoff distribution

hendrik87

hey guys, if you completely zoom out with etbtc chart you can see we are in an very bullish pattern, a inverted head and shoulders that could bring eth easily to the 0.15 btc level in my opinion. the phase of the last couple months, what would indicate the right shoulder" is als an ascending triangle. this pattern is most often an continuation. because of btc is...

hendrik87

hello guys, if we look at coti, the distribution played exactly as planned. after distribution we look for new entries. cause coti is an very promising project partnering with ada. its also a small cap coin what can grow immensly in my opinion. so we distributed two weeks and now we are at the top of the previous support. it made a double bottom or on higher...

hendrik87

hello guys, if you look at the chart you see the red zone, what is in my opinion the only real resistance left for an new all time high. if we overcome 60k we go to much higher levels, wich i am quite sure now. we made an lower high last august. last week we over came that level and that was the most important level for an continution. some guys compare the lower...

hendrik87 Updated 

hi guys. i think we are at the top of an bottom formation for omg. as you can see on the charts we formed on the daily/weekly an double bottom and inside the second higher low bottom an cup and handle. it is always important to see what bitcoin does. btc broke out of an wedge so we could see an some upside action. its also the last day of september. the end of...

hendrik87

i think we are in an similar pattern that coti has been before. you can see on the left that we broke the ath, came down and made a 100 percent candle on the weekly. i think this might be in the cards again. than we could face a 90 cent or a dollar Coti. you might think im an moonboy now haha but its a very small cap coin. of only 500 million. it doesnt take that...

hendrik87

i believe we are in a textbook accumulation. the last few times was chainlink the front running altcoin. i think this is in the cards again. there is a very clear pattern as you can see. also the market tends to "test" the previous all time highs. so there should be a lot of orders hanging in that area. the trading range is between 0,00067 and 0,00087. as you...

hendrik87

you can see on the chart a classic btc distribution, right now is the perfect moment to short. 17800-17900 should be the max for the last point of support. very juicy gains in the making if you take this short. i think the target will be between 13k and 14k

hendrik87

this is the add for my other bigger picture. we have had an buying climax, indicating the high. than we had a automatic reaction to the lower range. than the second test to the high didnt make it, this is the first sign of weakness, also making an lower high. we came down to the bottom of the trading range. this gives the confirmation of distribution. than we had...

hendrik87

hi guys, we are about to correct from the parabolic rally. there is a distribution scheme between 17200 and 18400. i pointed out three target point. the all coincide with the fibs retracements. at all of the three targetpoint coincide two fib lines at the same price. confluence in the market. the last targetpoint would end at 618 level. this is the golden...

hendrik87

you alway look for confluence in the market. so if you asked yourself, why didnt alts jump in the rally of btc to 18400. every coin has to tend to behave on its own way. because btc is so dominant in the market it always influence the coin in particular. Chainlink always tends to test the previous all time high, before the next bullcycle begins. I believe when...

hendrik87

hello guys, i believe eth could make a massive drop to the downside. it had a very good upswing but is no facing a lot of resistance on the upside of the previous high. Also ethereum likes to test areas again. so on the downside we have a untested area where the whole run began. also the volume is declining If you look for confluence, i believe bitcoin just...

hendrik87

if we reach the top of the range again we have a change in trend. so i think oil has a lot of potential for the long term

hendrik87

hello, if you like this post. please leave a comment or a like. i would appreciate it big time. my previous post about btc was for a too small of a timeframe. so i think is was mistaking on that one. I think that we are still in accumulation but a very big one. and this is only the beginning. Accumulation takes a long time before an outbreak starts. This all has...

hendrik87 Updated 

hello, i believe gold is forming an distribution on the daily. As you can the selling climax and the automatic reaction forms the trading range for the coming week/months. Eventually it will result in a downtrend. For now, gold made an secondary test what probably will fail en will come down to the lower side of the trading range. If this happens, phase A of...