War Goat Signals

2022-11-24 22:10:58 Ever since APE started dropping hard earlier this year, the token has been in a overall decline.

However, during this period of bearishness, a falling ( bullish ) wedge pattern has emerged on the chart. Falling wedges are classically bullish reversal patterns, so that's what we're going to wait for.

Not sure when APE will break out, but when it will, we're ready. I'm looking at recent tops (blue) for near-term targets. Open / Comment

2022-11-24 22:07:55 A lot of investors have been looking at LTC over the last couple of days because it's outperforming the market by quite a margin. Furthermore, it's actually holding up quite well whilst BTC has been dropping like a rock as of late.

Below you find my short-term LTC/ BTC analysis.





With LTC seeing big gains, I think it's time to take at a long-term perspective. Over the next two years, I think it's a realistic expectation that LTC will move back to the current ATH values of around $400.

LTC is an old token, so it's to be expected that newer more hyped project can see bigger long-term gains. If anything, LTC will survive this bear-market where a lot of alts will struggle and/or die.

On a more positive note, one could argue that LTC is forming a massive 8-12 year bullish triangle pattern , with $400 being the top resistance. A break out from there could easily lead to a big move upwards, but that's still to early to say. Open / Comment

2022-11-24 01:38:02 As the title suggests, the VIX (the volatility index on the SP500 ) has hit oversold (<30) on the daily RSI for the first time since December 2004. Scroll back and see for yourself.

A falling VIX is generally accompanied by bullish markets, while a rising VIX is often accompanied by bearish markets. If you wish to know more about the VIX , Investopedia has a great article on it.

In my view, it's highly likely that the VIX will be reversing very soon, which will most likely lead to a bearish reaction of the stock markets and therefore crypto. If you're planning to take risky long bets, consider postponing this. An oversold VIX only adds more risk to the trade. Open / Comment

2022-11-23 19:11:02 LTC has been an underperforming token when compared to BTC for a very long time. The performance was even worse when compared to ETH or other altcoins.

But that may change!

LTC/ BTC has broken out of a bearish channel in which it has been trading for 4 years, which can potentially be the start of something great.

Going to keep my targets (blue) close, since the market is not doing great at the moment. Nevertheless, exciting to see this old token see a big influx of buyers over the last couple of weeks. Open / Comment

2022-11-23 19:07:59 Last week I made an analysis on ETH and the fact that I expected more short-term selling. Both bearish targets have been hit, congratulations if you took the trade.






At the moment, ETH is on a crossroads between a bullish or bearish break out. If ETH fails to break through the purple resistance, we'd most likely retest the fear-lows around $1075. However, if we manage to get a 4H candle close above the purple resistance, I can see us move all the way to $1290.

Be aware that the longer-term outlook for ETH is still bad. So expect any bullish move to be sold off eventually. Open / Comment

2022-11-22 19:08:01 Around two months ago I made an analysis on the DXY ( dollar index ) and the fact that it was trading on a massive 14-year resistance. I argued that a top was possible, but still too early to tell.






After looking at the chart, I think we can definitely argue that a potential top for the dollar is in. Consequently, this would be bullish for both the crypto and stock markets.

Not sure if we're going to the bottom support area directly, I see it more plausible that the DXY will trade sideways for a couple of weeks/months.

Be aware that a falling DXY is bullish for crypto, but that doesn't mean it will go up. The market is still licking its wounds from the FTX fiasco, and more insolvencies are on the horizon. Be wary. Open / Comment

2022-11-22 18:37:59 Around a week ago I made an analysis on BTC where I shared my thoughts on the near-term price movement. The main point was that BTC is more likely than not to see sideways price action, with a clearly defined horizontal support and resistance area.






As of today, BTC went slightly below the last low of $15,600 and is currently seeing a big bullish reversal. In my view, it's likely that this rejection will keep going for a couple of days, targets in blue.

In the longer-term, I'm still bearish . So new lows are to be expected in the coming weeks.

On the other hand, a case can be made for the idea that we have bottomed already. Let's see what the market will bring us in the next few weeks. Open / Comment

2022-11-21 19:08:01 After Elon Musk finalized the takeover of Twitter there was a lot of hype around DOGE because of the potential integration in Twitter .

However, DOGE lost a lot of the gains during the FTX sell-off. In my view, it's likely that DOGE will continue to lose value, targets in blue.

Wait for the dotted purple support to break. Open / Comment

2022-11-19 19:37:57 Over the course of the last couple of years, BTC has been trading above the dotted support line. Furthermore, it has bounced off said trend line every time it touched it.

So has BTC bottomed? Maybe. It's fair to look at the trend line and assume that the bottom is in, but the overall market conditions have still not improved. Personally I think that BTC has not yet bottomed and we're going to see new lows in the near future, same goes for stocks.

Nevertheless, it's an interesting trend line which has proven to off strong support in the past. Future will tell!

Do you think BTC has bottomed? Share your thoughts in the comments Open / Comment

2022-11-19 18:38:00 Ever since the crash last summer YFII has been a top performer. Arguably, I think it's easily within the top 5 performers of the market since then. Classical trading theory suggests to sell the underperformers and buy the outperformers.

In my view, it's likely that YFII will continue this path up. Potentially, we can see some consolidation in the near future because we've been going up a lot recently, so keep that in mind.

Targets for now placed at $5500 and $10,000 Open / Comment