ETH has been quite strong the past week, showing some real conviction here from the bulls. When looking at the Bitmex chart, we can see volume has increased a lot as well, confirming the bullish movement. Seems this market is changing a bit, at least where the pro's are trading. I talked about this in Dec a several times, now it looks to be more obvious even....
Pretty sick, how it keeps following those line on the left AND the right chart. It's kind of scaring me a bit as well :). Would be nice to see if it follows it the coming weeks as well, because that would mean the market will turn up soon. Now getting more serious again, this market has been a big pile of crap lately, boring the hell out of everyone and becoming...
Stratis' is still following the fractal , but it's lacking the conviction though. This is obviously the fault of Bitcoin , since it is not moving or going up. Objectively, this is not a good sign. It could still play out, the rally, but it has to happen soon. There is not much room left. I think if the curved blue line breaks, it will probably start to drop again....
Litecoin' seems to be follow that big bull flag pattern on the left i showed in the weekend. Short term it's still a lot of noise, with Bitcoin' not making a decision yet. On the right there are to options: 1) The H&S, which is less likely after a good strong rally as we did. But if we break the neckline and see an acceleration down with high volume, it will be a...
All of a sudden the bull flag from July 2018 came to mind. I remember the market was shouting both ways as well back then just like. Volumes were much higher back then, but there was simply more money in the market and the Bitcoin' price was double as well. Alts look good at the moment as well, but we should not forget, alts jumped up in second week of Jan a...
So far following the previous analysis quite well, with the possible 'fractal'. The past days there have been a few attempts to break that resistance around 0.845, but each time it just fails. Volume is not enough yet, but of course it's because Bitcoin' is moving slowly downwards as well. There is small chance the market might move up now, Bitcoin' seems to be...
My previous Dax analysis from 2 months ago: My Dax bear market short trade is still running since earlier this year and today i will take some profits now. We have (almost) reached the target of that H&S already and i am not going to risk 2200 points to get that last 100 points for the 10.500 target. The 10.500 H&S target is the most conservative i can see, so...
Looks like an identical bullish wedge in the making here, just going to wait for another wave down before entering. On the left, there is a potential double top formation, but it's not likely to happen. Unless the green support breaks, than chances increase. I think the long/mid term is bullish. Previous analysis:
The previous trade i posted here on TV failed, i took on a second one a week later with my copy trading trial i did a few weeks ago which succeeded. I have been waiting since to see how thing play out. I am still looking for a mid/long term long here and now it starting to look like there is a good chance again. It looks like a legit double bottom here, but there...
In my previous analysis i posted a nice bear flag for the Nasdaq', which played out quite well at first, it broke and accelerated down towards that big support around 6600. But eventually buyers stepped in again and pushed the price up, even inside the flag again. There i mentioned that if that resistance would break, it probably meant something else is going on....
A small warning i gave to my members half a day ago: I have to be honest, I am not liking it since yesterday. First important fact, the rally was a short squeeze, but could still be bullish or bearish though. Second, the bull flag is not a real fight (like in dec), but feels to controlled AND the Bart move yesterday, starting to feel like things are being...
Looks like XRP' is moving inside of a bullish wedge now, just like we did a month ago. During the weekend XRP' lost it's support of the bull flag in has been dropping since, but the drops have slowed down again. So it could be it has become a wedge because of it. Bitcoin' is also still on a sideways path, moving in a big bull flag now, but the low volume there is...
An update on that post i did on 30 Jan, where i tried to show some objectivity on the current stage of the market. If you want to know more about it, read the previous analysis about this. As you can see, i have drawn yellow circles on what i think were Bitcoin currently is. Just to give a picture of what could happen the coming period. It's still not clear if...
This is going to be my first TRX' analysis ever :), until now i thought it was just an over hyped coin. I have been told that this coin was created in minutes and became worth 10 billion+. I clearly should have become a IT expert :). I remember from the hype, at least in my private surroundings, TRX' and XVG' were the most popular one among the people who got in...
I think it's fair to say that i did a decent job lately with the LTC analysis :). I had my reasons for thinking the big bear flag, but actually that big H&S would fail, several of them i explained here on TV'. On the left we can see a channel of which i think is a legit one. We can also see that we have a very big resistance zone now around the 47/50 area....
Since the neckline broke 2 weeks ago, i tried to show an objective TA view on ETH', but i kept mentioning a few underlying (possible) signs showing something else might be going. Here below you can read part of my previous analysis: ETH' just made a small drop and pump half hour ago. On the left we can see the daily volume increasing again compared to previous...
I am seeing some similarities now and the Dec rally. In the chart below we can see that Stratis' the rally a day later than Bitcoin'. It looks like the same is going on this time. Also see a wedge again and a breakout and currently a retest. Based on the fractal, we should stay above the green support zone now, just like in Dec When zooming in, it shows we are...
Where i said yesterday we should see another small wave down to complete the right shoulder for that inverse H&S, it seems that small one was already it (yellow circle). It was there already in size, but i thought it was too small in time to be complete already. Also with the small pace of the market the past weeks, i assumed it could take days maybe for Bitcoin'...