ARESABI

ARESABI Updated 

The interest rate remains unchanged while the BTCUSD price is struggling at a trend resistance. The Fixed Range Volume Profile confirms the strong resistance at $69.5k. BTC is now aiming for lower highs (confirmed today) and lower lows, with the next short-term support being located at $64k. My short position is open. Cheers, Ares

ARESABI Updated 

The chart explains itself. If you trade this one with margin, make sure to split your entries. Happy trading!

ARESABI Updated 

The recent sell-off in the crypto market gave us the first hint for a short term trend reversal. From a technical perspective, the price is looking for a lower high, which would confirm this scenario. I expect the BTCUSDT price to push towards the $71.2k price before we see another strong rejections and profit taking. The long-side of this trade is accounted...

ARESABI Updated 

Remember when Elon used to tweet about Dogecoin, causing the entire market to react wildly? Market cycles repeat, and this one is no different. What we've learned is that driving up prices through tweets, Saturday Night Live appearances, or YouTube livestreams is unsustainable, and the positive effects are diminishing. Yesterday, expectations for the livestreams...

ARESABI

The price of WIFUSD is moving in a pennant on the daily chart. Due to the recent sell-of in the market, the price is now sitting at a major support. This moment is crucial for WIF! Bullish Case: A strong reaction from the buyers, forming a V-shape recovery with $3 as our next technical resistance A small retrace followed by push to the trend-resistance at...

ARESABI

This chart tracks Bitcoin's market dominance, starting from 2018. I've spotted some similarities to the current market situation, hinting a potential massive bull run for BTCUSD. Accumulation Phase (2018-2019): Investors were gradually accumulating Bitcoin, setting the stage for future gains. Bullish Phase (2019-2021): Bitcoin's market dominance increased...

ARESABI Updated 

r/wallstreetbets recently picked up the GameStop Stock (GME). Why? Because we basically have free money sitting here. GameStop struggled with keeping up with the growing digital gaming market and the price plummeted. With a strong focus on E-commerce, a strong brand with over 55 million PowerUp members and a solid team (Source: r/wallstreetbets "GME FULL...

ARESABI Updated 

FETUSDT successfully broke out of a Broadening Wedge continuation pattern. According to this pattern, the next price target for FET is located at $4. Do you agree? Let me know in the comments!

ARESABI Updated 

Fundamental Data Chain: Ethereum (Main), Optimism (Staking) Pre-Mining start: 6th July 2023 Token Launch: 30th November 2023 Total Supply: 1,000,000,000 PT Diluted Market Cap: $699,200,000 Use Case: Governance, Staking, Fee Reduction Current Staking Yield (1 Year): 41.41% Misc: Daily Buybacks, Earn PT for trading activity Technical Data ...

ARESABI Updated 

Hey there, the recent performance of XRPUSD is impressive! Nonetheless, we're seeing sell-signals that suggest a correction before the continuation of the upwards movement. The RSI is strongly overbought The MFI is strongly overbought The price is sitting below a strong horizontal resistance From a charting perspective, we can observe a Cup & Handle...

ARESABI Updated 

Hey there, the BTC price pushed toward the top of the channel in the recent hours. I'm expecting the price to pull back before breaking out of this structure.

ARESABI

Over 350 Million shares are still to be sold by AMC. There's not enough liquidity in the market (hello, threshold list), so Adam Aron has to come up with new ways to keep his retailer investor community excited. NFTs, Popcorn, a Creditcard & his cheerful tweets are methods to keep the cash cow going. It's sad to see such a big community being fooled by him - in...

ARESABI

This is an updated chart, visualizing the XRP Marketcap in a bigger picture. It's a great way too remind yourself that we are in a bullish market, even though this year hasn't been too exciting (so far). From a technical perspective, the XRP marketcap is moving in a big symmetrical triangle/bull flag after the surge in price in 2017. There seems to be more...

ARESABI Updated 

After the recent surge in price, XRPUSD is offering us a good short opportunity to the next support, located at the $0.70 level. In this setup i am using VPVR: Spot the resistance for a high entry Bollinger Bands: Reassuring my entry at the MA, which acts as a resistance in the current trend Pivots (Auto): Spot Resistance & Support based on trading...

07:45

ARESABI Updated 

In this video i'm going to explain you how to use the Bollinger Bands while trading BTC/USD in the 1-Minute and 5-Minute timeframe. If you have any questions, feel free to leave a comment! Please Boost this idea if you like it. This will help the algorithm and motivates me to push more educational videos for you :) Cheers, Ares

06:43

ARESABI Updated 

In this video I talk about key elements that are mandatory for your success in trading. Did I miss something? Let me know in the comments! Please Boost this idea if you like it. This will help the algorithm and motivates me to push more educational videos for you :) Cheers, Ares

ARESABI Updated 

SHIB is looking beautiful on the daily timeframe! The price is currently moving within a symmetrical triangle. The past month, the price has been accumulating in an ascending triangle, pointing toward a breakout as soon as the daily price action closes above the 0.00001200 level. The profit potential is ~50%, with the price climbing to the previous high as well as...

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It seems like exchange tokens such as Binance's BNB, the MX token from MEXC Global, or OKB from OKX. All of them seem to perform very well, no matter where to rest of the market is heading. This is mainly due to the fact, that each of these tokens is the heart of the cryptocurrency exchange. Promotions, events, and even the salary of the employees are often paid...