Two days ago I made an analysis on my expectation of Bitcoin's short-term price action, based on historical price action at the moment a new all-time high has been made. My most likely scenario was a new ATH, followed by a dump towards the first yellow area of support. This has now occured, together with an hourly oversold reading on the RSI. Experienced...
Let me preface that this trade is very risky and not likely to hit it's target. Risk=reward. You can potentially 126x your entry amount, so compare it with a lottery ticket. LUNA has broken out of a 1.5 year bearish channel pattern, which dominated the trend after the collapse back in May of 2022. This trade is based on the idea that LUNA will, miraculously, go...
In my last analysis I talked about the bullish channel that WLD was trading in. My anticipation was that WLD would break through the top resistance and make it's way to 10$. After topping out around 9.25$, WLD has been reading sideways. With BTC trading exceptionally bullish, I expect WLD to break out of this pattern in the near future. WLD can fly. I'm aiming...
At the start of the month I made an analysis on PEPE where I discussed the inverse head & shoulders pattern that has formed. Risk-seeking traders could've made a killer-entry around the purple area for a decent +300%. I think there's still more to this move. I'm looking at a 440 target for the next 1-2 weeks. Ideally paired with a neutral/bullish Bitcoin. Be...
In this analysis I want to take a look at one of my favorite personal indicators: Bitcoin Logarithmic Price Bands. You can find a detailed explanation of the indicator below. In short, this indicator tries to predict future areas of extreme opportunity. Buy in the green and sell in the red. However, I also added a yellow band in the middle which surprisingly...
In this analysis I want to make an educated guess on when the next bull-market (read: altseason) will start using the Bitcoin Dominance (BTC.D) chart. An uptrend in Bitcoin with a falling dominance would be the ideal case for alts. As seen on the chart, the altseason previously started by a top in the BTC.D and a consecutive fall afterwards. My best guess would...
ARB has been consolidating inside a bull-flag since the start of 2024. With the altcoin market on fire at the moment, I expect ARB to continue the uptrend and break out in the near future. Targets placed at the current ATH and 3$. This token could see very decent returns in the near future.
In my most recent BTC analysis I talked about the fact that my volatility depth indicator predicted a major move for Bitcoin, which would most likely be a bullish one. Few days and +15% later, the indicator has yet again predicted a massive move for Bitcoin. We're currently only ~16% away from a new all-time high. In my view, we're going to make a new ATH...
In this analysis we're going to take another look at my Volatility Depth indicator (see below). As of recently, this indicator has yet again flashed green. Green means extremely low volatility. As we know, low volatility always precedes high volatility. Since September 2023, every time that this indicator has flashed green it predicted a strong bullish move...
Has been a long time since we've done a crypto fiesta! Time for a new one 🔥 Short-term view: Bulls have the trend, but bears have the resistance. 3 possible paths drawn on the chart. If we can get a decent break out through the top resistance of the channel we might even make a new ATH before the halving. Small chance, but definitely possible! 🎉CRYPTO...
Let me preface that this analysis is not a prediction of bearish price action. My short-term bias is still bullish and I wouldn't be surprised if we make a new ATH before the halving. That being said, I can very well be wrong on my bullish bias. Trading consists of IF>THEN. IF Bitcoin loses the uptrend, THEN we wait for the price to reach the bottom support of...
Bitcoin has been trading within a well-defined range since a week. A few days ago, the range has set a clear low around 50.600$. My expectation is, in case the yellow support area will fail, that BTC will make a fake out to trick the bears. Longer-term time frames are still overly bullish, so the path of least resistance is up at this point. Ideally, we will see...
In this analysis I want to discuss a way to time the market. Or more precise: to time the next ETH market bottom. We don't have a lot of trading data to look at, but we have 2 instances where this strategy has worked. The strategy is simple: buy Ethereum once the weekly RSI is below 30 and enjoy the ride. Every single time that ETH has reached oversold, this was...
With BTC reaching above 50k, ICP confirmed a weekly bull-flag and has now made a higher-low above the Summer-2022 highs, confirming a long-term trend shift. In this analysis I want to talk about potentially the best trade that you can make in the coming bull-cycle. ICP could be making a massive comeback and go back to the ATH values of around 2500$. Think about...
Previously I've talked a couple of times about this massive parallel channel that ADA is supposedly trading in. With the strong bullish impulse of the last two weeks, ADA has created a perfect swing low for us to trade on. With a target at 25$ (long-term) and a stop just below the swing low we can create a potentially amazing trade with a R/R of over 135. If...
WLD keeps performing extremely well and has made a new ATH as of this morning. Bulls are definitely winning here. On the other hand, WLD is approaching a major area of resistance, the area from the all-time high to the yellow top resistance. Bulls should be on watch. Still, with the trend being so strong I wouldn't be surprised if WLD gets through this area in...
In this analysis I want to compare the start of the previous two bull-cycles with the current one. Specifically, I want to look at the Fibonacci retracements drawn on the chart. During the start of the bull-runs, the 0.618 (light blue) Fibonacci retracement has always played a key role. First, the price has always rejected once from the 0.618 area once (red...
After a massive ~250x during 2020-2021, CHZ has been slowing declining in value and lost nearly 95% of its gains at some point. During this low-volatility period, a huge bull-flag has appeared on the chart. With BTC breaking to multi year highs, CHZ had to follow at some point. I'm aiming for a breakout of the pattern with a target of around 1$. By keeping our...