In this idea we will discuss the current price movement of Bitcoin. The price recently broke out of the structure (Bull Flag), formed by lower lows on the supportline and lower highs on the resistanceline. The buyers were stronger than the sellers and after hovering around our key-zone, we are finally aiming for a new all-time high. Our first target for this long...
Please be careful trading gold during the upcoming days. We saw a strong rejection at the trendline today at it seems like the price is looking for another low within the bullflag. I have my buy orders set at the $1640 level in anticipation for another strong reaction from the buyers/ hedgers. Previous Idea Cheers, Ares
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...
Full analysis: greets to Marius
Hello everyone, in this idea we will discuss the current price action for the Tesla stock. Feel free to check out my previous Tesla Ideas to get an idea of how we apply simple techniques such as Trendlines and Chartpatterns for great results. Let me know what you think about this idea in the comments :-) Cheers, Ares
Hello everyone, welcome to my Bitcoin Analysis. Feel free to check out the previous analysis below (start from the bottom of the page :-)) to get an idea of how we apply simple trend strategies involving Volume & Trendlines to the market. Since the Bitcoin price is obviously moving in an uptrend, we will always increase our position or enter a long trade instead...
Hello 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...
Hello everyone, this is a quick update for my previous gold ideas. The chart is explained in the video - if there are any more questions, feel free to post them in the comments section. Please let me know what you think about this idea! Cheers, Ares
For informational purpose :)
Expecting another red day tomorrow. Watch the rates for the US Bonds to get an idea of where the market is heading!
In 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...
This is an update of my previous gold idea (linked below). Everything is working out according to our Trading Plan. We saw the price retracing to the middle-line of the Bull Flag and a move below $1.800 within the following three days. According to this intra-day view on the 4H chart, we might see a small retracement back to $1.820 until the end of this week and a...
Hello 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...
The 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...
This 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...