[BTC] Possible Long-Opportunity Below Major Key-LevelI'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 - then you're good to go.
Aresabi
AMC Bounce! 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 thinking instead of predicting. We would like to see a higher high with a breakout of the bull-flag and a similiar situation as during the squeeze in january. Let's see if the buyers are able to continue with the momentum. This could lead to the retail market joining the party again.
[BITCOIN] Short-Term Downtrend To Primary TrendIn 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 above the $50.000 level (i expect some psycologial support here as well).
I have my orders set - everything else is explained on the chart.
ARESABI
Similarities Compared To Last Years Bull-RunThere 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. This basically means that there's less interest in buying Bitcoin at this price. In terms of an end of the short-term correction, the price will look for a floor where enough buyers join the market. This level is likely below the $50.000 area.
[WSB] AMC Breakout! Realistic TargetsIn 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 finally confirm the breakout.
The current positive sentiment as well as the upcoming earnings could be strong catalyst for the targets - shown in the chart.
Please manage your risk accordingly.
Ares
[FOREX] EUR/USD - Aiming For The Key-LevelHello 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
The Peak & Through Strategy (How To Spot Trend-Changes)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 your chart & use the right timeframe
Basic understanding of Candlesticks and Chart-Patterns
How to Color-Grade Your Charts
Feel free to agree with this idea if you like it!
[CRYPTO] Bitcoin - Where Are You Going?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 the Bitcoin price, since we are looking for a correction on the monthly and weekly chart. Please keep in mind that surprises always occur in the direction of the primary trend (monthly, weekly). I'm waiting for the price to give us a clearer signal on the intraday chart in will follow the short-term trend.
Apply simple rules while trading Bitcoin!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 overleverage your trades in the cryptocurrency market. Bots will hunt you and grab liquidity to fuel the way further up. Play the game, but play it right!
Cheers,
Ares
Another 100% increase for the GameStop Stock?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 (like in this case).
We see heavy spikes and high volatility in between the trading session - nontheless we can see an uptrend playing out.
Please keep in mind that this stock was worth ~$5 during 2020. The current price level is supported by media coverage, reddit and many other "retail investor" plattforms.
From a technical point of view, the price is currently moving above the Moving Averages with a Golden Cross playing out. The last time we saw this scenario was one month ago. Please have a look at the similiarities in the price action.
Buyers and sellers are pushing the price within a symmetrical triangle (lower highs, higher lows). The accumulation previously took an end at the end of the month and on a friday.
We finally saw the price breaking out of this patterns on a monday, with the price opening ~$15 above the closing price on friday.
That's where buyers join the market and the volume is increasing. We saw the price peaking at ~$350, followed by the sideways movement we are currently in.
While the price is moving below the resistance, we can see another accumulation happening with exactly the same patterns as in march.
According to my trading idea, we will see an open price above the ~$190 level at the beginning of the upcoming trading week.
I will definitely have an eye on this.
Please let me know what you think about this idea and feel free to check out my previous GME analysis below
The Technicals Behind GameStop #4In 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 & MA200 with an upcoming Golden Cross. The last time we saw a Golden Cross appearing on the 15m chart was before the previous breakout at the end of february.
I'm expecting a similar reaction from the buyers within the next days.
We can also see a Divergence which basically tells us that the buyers were present at the market while the price was moving down.
This is a great indication of who is "stronger" and will actually takeover the trend.
Let's see what happens here.
A possible scenario from my side:
Entry: 180.00
Stop Loss: 140.00
Take Profit: 280.00
Cheers,
Ares
_
Disclaimer: I am not a financial advisor. Everything I share in this channel is how i trade personally. This is a simplistic approach to educate you in using technical analysis on financial markets.
Bitcoin Micro-Trend Change: Trading Plan 1/10Hello 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 is explained on the chart.
Cheers,
Ares
How To Trade Ethereum during a Trending MarketHello 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 order to increase our position.
Let me know if you like this video! Next time with Facecam :)
cheers,
Ares
The Bitcoin price is moving in a Symmetrical Triangle #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 video :)
cheers,
Ares
[STOCKS] The Technicals Behind GameStop (GME) #3Hello everyone, this is an update of my previous trading plans for GameStop. I discovered this stock back in November 2020 with the help of r/wallstreetbets. I've tried to apply the technicals almost at every point, even though this market acts insanely irrational.
It's very important, especially for beginner traders, to enter a trade at the lowest point possible and not during a pump.
You won't have a trading plan and you won't know where to take profit. So you will end up holding bags.
Luckily, the price of the GameStop stock made a return with an inital movement. I've entered another trade with a buy-in at $42 with a take-profit order at $150 (and another one at $420,69). We had a great risk/reward ratio here, but this one wasn't easy to spot.
I personally did not expect the price to move past the $200 mark but it did. This is a good sign for those who like the risk.
We can see that the price is moving towards previous highs, where sellers appear on the market. Most of them try to sell their bags to break even or they take profit in an obvious risky trade.
I personally don't trade this stock anymore. There are many more other opportunities in the market.
Please always consider to got to a casino an take the 50/50 - red/black chance. You might be more successful :-)
cheers,
Ares
[CRYPTO] How To trade the Bitcoin RetracementIn this idea we can see a Fractal playing out on the BTCUSD intraday chart. The price is in a retracement after getting rejected at the $58.000 level.
While the price is in a retracement, indicated by the lower highs, we will wait for a break of the resistance-line for a possible long opportunity on bitcoin.
Our target is located above the previous high. I'm expecting a strong movement backed with some good news in the cryptocurrency sphere.
Please wait for a confirmation first. We need proper buy-volume to kick in, otherwise we will see the price correction continue.
cheers,
Ares
[STOCKS] The Technicals Behind Gamestop (GME) #2Hello everyone,
this is an update of my previous GME idea (linked below). Let me tell you, we rocked this trade. With an entry at $15 and another entry at $40 a few days ago, i'm already in profit and sold my position yesterday at $150.
Nonetheless, we will most likely see the price pushing aggressively beyond this price level. We have a lot of attention, momentum and buying power.
This is not a short-squeeze - this is a simple herd of investors feeling attracted to one stock.
Please be careful!
[CRYPTO] Bitcoin is in a short-term CorrectionThe price of Bitcoin (BTCUSD) is in a short-term correction after a strong surge in price to our new All-Time-High, located at $58.500.
I'm expecting a stronger retracement, shaped in a Falling Wedge - this scenario would result in a further increase in price after the correction is completed.
Mandatory for this new emerging trend are the lower highs and the lower lows. As soon as this structure is broken, we will see the price climbing back up again.
Please keep in mind that cryptocurrency markets are volatile. Try to trade the spot markets only and don't use leveraged trading.
Check out my signature below this idea for more information.
Cheers,
Ares
[STOCK] The Technicals Behind Tesla (Trading Plan) #4This is an update of my previous Tesla Trading Ideas. Please review the past ideas to get an idea of applicating chart patterns to the market.
The price of the Tesla stock broke out of the Descending Horizontal Channel and recently made a swing low at the previous low.
I'm starting to place my buy orders across the book - $600 and $550 is where most of my money will be. This is a long term trade for me.
I expect an accumulation pattern (like previously in the triangle) after the downtrend is loosing the momentum.
cheers,
Ares
[CRYPTO] $50.000 incoming - Congrats!I want to take this special moment to congratulate those who are in this run for multiple years now (including me).
It's been a rough ride and now we are aiming for an important psychological price-level of $50.000.
I expect the buyers to break through this level within the next hours (hence the 15m chart).
We usually see the price breaking above an important level while stop-buys being triggered, which could lead us to our
final target at $52.000
cheers,
Ares
[CRYPTO] Market-Cap Excluding Bitcoin - Altseason is here!Please take a look at this wonderful chart of the Crypto Market-Cap excluding Bitcoin.
What we are actually looking for is a similarity from Late 2016 to now. If we take a look at the chart,
we see the total Market-Cap going sideways after peaking (August 2014). A Higher High on the chart previously
led to a strong Bull-Run.
It seems like we are in the exact same situation now, aiming for a total Marketcap of 1 Trillion Dollars.
Please let me know what you think about this idea!
Cheers,
Ares
[STOCK] The Technicals Behind Tesla (Trading Plan) #3This is another update of my previous Tesla (TSLA) ideas. I personally don't own Tesla stocks at this point. I've made some profit by trading the breakout of the triangle, which is paired with the announcement for the inclusion of the Tesla stock to the Standard & Poor 500 (S&P500) Index. This event gained a lot of exposure and traction. Only a few months after the splitting of the stock (basically to make it achievable again for the masses).
Elon knows when and how to place tweets, announcement or hints for future events. It seems like he's watching the chart and spots the technical breakout points (with us together) and then he drops the tweet. Let's keep that in mind.
The expectation for the inclusion was followed by huge volume at the 18th of december. Another upcoming event were the earnings, which were - at least in some eyes - disappointing. At least this is the information that we can get from the chart. We saw a decent sell-off and profit-taking from those who where in this run during the strong surge in price.
Since then, we see the price moving sideways while making Lower Highs and Lower Lows (Descending Horizontal Channel). This aligns with a Death Cross of the MA 50 & MA 200 (yellow highlight). That's when the price previously formed a triangle, caused by indecision between buyers & sellers.
This time, we might see more sellers than buyers appearing on the market. But that just gut feeling.
Let me know what you think about the Tesla stock and this trading idea!
cheers,
Ares