The price is still moving above a multi-year support channel (green). Currently we can see Bitcoin approaching the key-level (purple), where we see a lot of volume & we can get a better idea of which direction the market is heading in the next weeks. I'm personally aiming for the ATH by mid 2022, followed by a bull run until the end of this year. An alternative...
We're looking at the 1 hour chart for the AMC stock price and things look quite good after the recent drop in the whole stock market. The previous downtrend was very intense and got extended by fear about inflation & the planned interest rate hikes throughout 2022. We saw the market bottoming out about 3 weeks ago. While the whole market is retracing, we see...
The ripple price tends to accumulate in triangles before breaking out. I'm expecting the same behavior within the next six months. The pending SEC dispute might end towards April 2022, which could trigger the breakout we're looking for. A realistic mid-term target is set at the all time high. Watching this one closely.
I'm looking for a further drop during the next week beyond the $40.000 level, where a lot of liquidity is located. This decision point gives a great setup for a long position with a decent risk/reward ratio. Adjust your stop-loss according to your own risk profile. Use a small portion of your value for leveraged trades like this and act acoording to your plan -...
I'm using this chart since January 2021. Easy patterns apply in this market! Don't overcomplicate things, just rely on the technicals & some fundamentals. Also keep an eye on the option market. The recent spike on friday was predictable based on the put/call ratio. I'm expecting the price to move towards the top of the bull flag. Everything beyond that is wishful...
In this idea we're looking at the Bitcoin price ( BTCUSD ) in the 1H chart. The change of structure is very easy to spot here. As long as we're moving in a short-term downtrend, we're looking for chances to increase our long position or re-enter the market as soon as we see another short-term trendchange. This one is likely to happen at the primary trend, slightly...
There are some similarities compared to the price action one year ago.We have a similar strucuture, which is a Rounding Top. This pattern appears when a market is overbought and buyers getting exhausted. Combined with a decreasing volume, we can spot a very likely short-term trend change like last year. Additionally, we have very low volume compared to last year....
In this idea we are looking at the AMC price, which has been moving in a symmetrical triangle from the recent breakout (June) until now. We are looking for three confirmation-points on the resistance- & support-line. The chances for a breakout are fairly high. The breakout was confirmed by touching the previous high at $44. We are still missing some volume to...
In this idea, i'm going to show you a very simple approach on how to trade Gold (XAUUSD). Everything is explained on the chart. Let me know if you agree with this idea! ARESABI
Hello everyone, the EUR/USD pair found its floor at the 1.206 level and is now moving towards the previous high, which could act as a possible resistance. To avoid a bad risk/reward ratio, wait for the price to touch the key zone, where we should see a pullback. This should be a good long opportunity afterwards. Please trade cautiously
Hello everyone, in this video we are using are very simple technique in order to verify possible trend changes. In this case, we are observing the daily chart of the Bitcoin price (BTC/USD) and we finally want to re-evaluate our trading-plan as soon as the sentiment changes. The previous videos are linked below - just in case you want to catch up! How to scale...
We recently saw a sudden trend-change appearing, that we discussed in my previous trading-idea. After the price breaking the short-term trendline on 30th April, we can observe another short-term trend change that is pointing upwards. In order to confirm this scenario, we want the price to maker a higher low, followed by a higher high. This moment is crucial for...
Hello everyone, i see a lot of short ideas popping up lately and it's very important to mention that we didn't see any signs for a trend reversal yet. Therefore we will continue to see buyers appearing when others see divergences or a weakening trend. Please make sure to apply simple market rules while you're trading. And as i mentioned before, please do not...
Hello everyone, while i was going though my previous analysis, i've made a very interesting discovery on the GMEUSD Chart. We are looking at the previous month on the 15m chart with a momentum indicator (MACD), Moving Averages (50 & 100), Volume and the relative strength index (RSI). Every price tends to move in patterns, even if the market behaves irrationally...
In this idea we are looking at the price of the GameStop stock. Just like in the previous trading ideas, we are going to focus on momentum and breakouts (because that's what we are looking for). It's pretty hard to apply technicals on this stock because we are moving along with emotions and irrationality. Nontheless, we can see the price moving above the MA50 &...
Hello everyone, this is an update of my previous Bitcoin ideas (linked below). While trading the cryptocurrency market, we mostly rely on simple approaches based on volume & trend. In this idea, we can see the Bitcoin price in a mirco trend-change - initiated by the breakout mid-march. We are looking for two long scenarios during this retracement. Everything else...
Hello everyone, this is a very simple approach on how to trade the cryptocurrency market while it's trending. First things first: we are always trading with the trend . The major trend we are looking at is an upwards trend with small corrections during the past few months. We will try to maximize our profits, therefore we look for the lowest possible entry in...
#Bitcoin #Cryptocurrency Hello everyone, this is a quick update for the Bitcoin price. We can see the price currently accumulating in a Symmetrical Triangle with Lower Highs and Higher Lows. We can also see buyers appearing in the market at the $54.000 price level. I'm expecting a breakout of this structure within the next week. More details explained in the...