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....
For my own purpose! For my own purpose! For my own purpose! For my own purpose! For my own purpose!
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...
A quick idea that i keep track of. Waiting for a breakout within the next days.
In this idea we're looking at the Bitcoin price on the daily chart. After approaching the all-time-high in April, the price has now made a lower high - pointing towards the begin of a short-term downwards trend. From a technical point of view we are looking for two scenarios A higher low confirming the new emerging upwards trend, starting in July with $65.000...
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
This chart is basically saying that the price of the GameStop stock is still accumulating with decreasing volume on the NYSE. We see the price reacting to either the Support ($140.00) or the Resistance ($190.00). From a technical perspective, there is no advantage in trading within the pattern. You will have a great Risk/Reward ratio after the price breaking out...
We recently saw the price correction that I was waiting for since February, but the price of Bitcoin kept on growing, mainly due to the investment craze we're experiencing and of course Elon Musk dragging retail investors/ gamblers into the market. The downwards move of the previous two days was caused by bad news coming from China in terms of restriction &...
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 idea I'm going to demonstrate you a very simple technique to spot possible short-term trend changes on various timeframes. In this case I am using the 30m chart due to the recent volatility. When we see emotions and expectation change in the market, we do have a good opportunity to trade this change of sentiment. Our goal is it to spot a...
Dogecoin is due for a stronger correction, that we can observe on the 1H chart with the change of structure. This short-term trend change was confirmed by the break of the trendline, which was mainly caused by people taking profit after the SNL night on Saturday. A classic buy the rumor, sell the news event. This one would have been a great short-opportunity but...
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...
In this trading idea we are taking a deeper look into the Gold price (XAUUSD). The price is currently approaching the Resistance area with a local resistance at ~$.1870. We can expect some profit-taking here and a small retracement followed by a continuation of the trend. The reasons why Gold is performing that well is the decreasing value of the Dollar...
In this video we are going to have a look on the gold price and i'm trying to give you a basic understanding of trend-changes and how the affect our trading-strategy. Feel free to check out the previous two videos as well - this will help you to connect the dots.