Hello everyone, Entry: 16990 Stop Loss: 16560 Target: 17800 R/R: 2.20 Position Size: 3%
Here we're looking at both BTCUSD & the SPX. There's a strong correlation between the Bitcoin price and the stock market. Especially due to the current nature of the market: prices are mainly driven by fear surrounding inflation & interest rate hikes as well as a surging dollar. The thing that bothers me the most is the fact, that any big rally in the market will...
I'm using the VWAP & the MA200 on this one. I'm waiting for the price to change its trend. Today was another attempt to break out of the downwards movement, but the current market situation (GBP being on pair with EUR & USD) puts further pressure on the price. Waiting for a lower entry, as is still see great potential in meme stocks - as soon as the momentum kicks in.
Hello everyone, In my previous idea from May 2022, we've discussed a possible bottom within the bearish impulse we saw in the past weeks. I've successfully entered a long position @ $950 (Leverage: 7), that I'm holding to this date. I consider to take profit at the ~$1800 level. That's where I expect a short-term trend change, followed by another move towards...
I use this chart for both my Spot & Future trades. Before I take any position, I look at the bigger picture and verify the general movement of the market. While to crypto market as a whole is moving in a primary upwards trend - with new highs every few years - the secondary trend tends to change more often. The way I understand & use technical analysis is to...
This is an update of my previous BTCUSD idea, which worked out quite well. There's not much to say besides that I consider a long position at the previous lows (~$18k). The downwards movement needs to be completed and we want clear signals for a change in the secondary trend. I'm looking for Engulfing Patterns on the weekly & monthly or using the RSI & ADX to...
Hello everyone, let's keep it simple ... Primary Trend: Down Secondary Trend: Trend Change, Currently in an upwards wave Today's Trend: Upwards Key Level: 21800 (Previous High), VPVR shows no liquidity at said resistance Current Price: 20600, the price is in a breakout with more room for growth Current Strategy: Long Positions. Piling up shorts at...
I'm expecting the Bitcoin price to move in the lower band of the ascending channel for the rest of the month. We can observe some strong selling pressure on the top of the channel, with $25000 being the most recent high. There's an opportunity for a leveraged long trade towards the MA200. The primary trend, though, is still down. Therefore we should expect the...
According to this BTCUSD from May 2022, the bottom is in for Bitcoin. What do you think? How will the monetary policy affect the future price? Let me know in the comments!
Currently in this position Pair: GST-PERP Entry: 0.0825 Stop Loss: 0.0980 Take Profit: 0.0610 Capital Allocation: 10%
In my previous idea from June 2022, I've explained why I expect the BTCUSD price to go flat for this summer. This idea has worked out very well so far. On July 27th, the FED will announce another interest rate hike of 75 basis points. At least that's what everyone is expecting. And this is also the point of this update: I consider the upcoming rate hike as...
Hello everyone, first, let's have a look at my previous BTCUSD idea. The FED increased the interest rate by 75 basis points and we saw a strong reaction in the market There's another hike planned for the 27th of July . The macro situation stays bearish throughout the summer. Don't expect any new highs. Expect a flat movement, a lot of accumulation and...
It's important to understand the role of the FED while being invested in stocks or crypto. By increasing or decreasing the balance sheet, we can either see a bullish primary trend (from 2020 until late 2021) or a bearish primary trend (from late 2021 until now). In the most recent FOMC meeting, the committee gave us some hints about the further development of the...
Hello everyone, volatility is back and we can observe an attempt to break out of the sideways movement since the last drop three weeks ago. The price is currently sitting below the resistance of the horizontal channel. The price failed to break this level many times - bears were striking back with big moves & I'm expecting a similar reaction once we reach this...
Hello everyone, this is a trade that I'm placing in the market using a limit order (sell/short). This position is leveraged. Therefore, I want to have a tight stop-loss and a precise period of time to be in this position. This trade is based on the primary direction of the market, which is a downwards trend. So I'm expecting the "surprises" to happen in the...
Hello everyone, I've been covering the AMC topic on my YouTube channel for over a year now. In the meantime, I came across many people who (unfortunately) have bought in at a relatively high price. In this idea, we're looking at the effect of Dollar-Cost Averaging your position. There are two examples here You've bought your first 1000 Shares at $35.96...
Here are some of my thoughts about the past two years, the current situation, and how we ended here. One thing is for sure - 2022 is going to be different. One of the main reasons for this is highlighted in the chart: liquidity moves from one market to another. The inflation is increasing and our portfolio value is decreasing. In bearish times, we have to adapt to...
In this video i'm going to show you the relation from the current economical situation to cryptocurrencies. I wanted to do a livestream here but the broadcasting had some issues, so this is a privisional approach for the setup :) Enjoy - see you on next monday. If you liked this video, let me know in the comments. Also make sure to check out the stuff below ⤵️