In many of my recent BTC analyses I've been talking about my view on the ETF. My prediction was that the ETF would be a sell-the-news event and mark a local top. Thus far, my view has been correct. In this analysis I want to take a look at the Gold ETF and its effect on the short- and long-term price movement of the underlying asset Gold. My short-term view on...
With Bonk's reversal from the 1800 area, we can construct a clear bearish triangle on the chart. Bearish triangles often break bearish to make new lows, so that's going to be the idea behind the trade. Wait for the price to close below the triangle's support area. Looking for a move towards the 380 range. Might be far-fetched, but this token did a massive 200x...
PEPE has beentrading relatively bearish since it topped early in December. With BTC moving down, it's getting more likely that PEPE will see some kind of sell-off in the near future. I'm looking at this inverse head & shoulders to play out over the next weeks. Ideally, we get some kind of bounce going around the 85 area. Patience is key on this trade. If PEPE...
In my recent Bitcoin analyses I've talked about the fact that I expected the Spot ETF announcement to be a sell-the-news event, helped by two important resistances lying at the 48k-50k area. See below for my in-depth analyses: As expected, Bitcoin has reversed from the 48k area and is currently trading at 43k-ish. The bullish trend is still not broken, so...
Now that BTC's spot ETF is officially live, investment banks like Blackrock have already started talking about a potential ETH ETF. Interestingly enough, this happened at the perfect moment, TA-wise. Right as the ETH/BTC valuation has hit a major support, bullish ETH news comes in, which naturally has lead to a big bounce in the ETH/BTC price (ETH is...
As expected, Bitcoin is continueing the bull-trend, fueled by ETF optimism. However, with the whole market turning bullish, I'm taking a step back. My target for this move from 26k was 48k, as often mentioned in my analyses. It seems a matter of time before 48k will be hit, especially once the ETF actually get approved and traders market buy their way in with...
SOL has bounced from the bottom support of the parallel channel. With BTC showing strength, SOL can very easily see some strong growth from this point. With a stop below the most recent lows we can construct a trade with a very decent R/R ratio of 5.5. A more bullish bet would be to wait for the price to touch the top resistance of the channel. I chose to keep...
In this analysis I'm going to take a more bearish (potentially very unpopular) stance on Bitcoin's ETF launch. More and more news seems to be seeping in about this highly anticipated spot ETF, which makes me believe that a launch is imminent. Allegedly, there's a 90% chance according to Bloomberg that the spot ETF will be approved by January 10th, early next...
In this analysis we're going to take a closer look at the Bitcoin dominance, also known as BTC.D. As seen on the chart, the BTC.D appears to be trending downwards over a long period. However, the most recent peaks (red arrows) in the BTC.D value have coincided with the start of the bull-markets. Assuming that the Bitcoin Dominance will keep on going up, there's...
Over the last couple of weeks I've been posting a lot of analyses on Bitcoin's bull-flag pattern. My expectation was always that the price would break out through the top resistance, with a target of 48k. As of this morning, BTC has rallied hard on bullish ETF news. The break out is strong with a lot of volume, so 48,000$ seems imminent at this point. Why...
AVAX has been on a killer bull-run over the last two months. However, it seems that this token is currently facing a cooling-off period. Potentially, this is great news for patient bulls. AVAX is trading within a bullish symmetrical channel, we're going to wait until the token hits the bottom support. Not sure if we will actually hit this support. However, be...
In this analysis I want to take a look at one of my more popular analyses that I did in December 2022. The analysis was simple: one red year means three green years for BTC. My expectation was that BTC was going to perform well in 2023, which was quite a contrarian thing to say back then. For fun, take a look at the comment section and see how many people were...
A few days ago I made an analysis on BTC and the bull-flag it was trading in. My expectation was that Bitcoin would move down towards the bottom support and reverse from it to keep the trend intact. As of earlier this morning, BTC has retested the support and has bounced from it. Time will tell whether the support will actually hold in the longer term. This is...
MATIC has been trading within this triangle pattern (bull-flag) ever since the December 2022 top, 2 years at this point. With MATIC confidently breaking through the top resistance, it looks to me like a succesfull break out, confirming the trend. I'm looking for a long-term position with a target of 10$. Be prepared to hold this token for at least a year. Great...
In this analysis I'm going to make an educated guess at ETH's next bull-market top. I'm going to make the assumption that ETH will continue to trade within this rising wedge pattern. Naturally, this prediction will be invalidated once ETH deviates from this pattern. First of all, the time at which ETH will presumably top will be around the same time that BTC...
BTC has reversed yet again from the 44k area and is currently in a short-term downtrend. In case this downtrend will continue for the next few days, I want to be prepared. I'm eyeballing an entry from the bottom support of the bull-flag pattern. High probability that this area will cause some kind of reversal. With a stop below the most recent swing low and a...
SOLANA has been on a massive run lately, which made me wonder how far this token can theoretically go? We can draw this perfect parallel channel on the chart by copying the bottom bear market support on top of the Q4 2022 tops, which fits perfectly! Assuming that SOL will go up towards the top resistance by 2025, we can aim at a value of >5,000$, an amazing 50x...
It's that time of the month again, time for the last Crypto Fiesta of 2023! Short-term view Bitcoin looks bullish. Long-term trend is 100% bull, but we might be seeing some headwinds in the near future. 48k remains my target. This will be the strongest area of resistance before the all-time high region. Bullish ETF news keeps coming in. Seeing that we've rallied...