Gold XAU/USD Hello All! Over the last 10+ Years, Gold has formed a massive Cup & Handle Formation. If you do a quick Google search "Cup and Handle Trading" you will see this exact formation playing out currently. Gold is the world's largest asset class by market cap and traditionally it has been a hedge to inflation. As we know recently inflation rates have...
Hello from Genesis Go! As we can see here crude oil UCO recently fell 37% onto a strong trend-line support presenting us with a great buying opportunity!
Hello, Great return on our last call! Now we are looking for the next setup. As you can see the Bitcoin price followed our previous analysis exactly. We are now in a tricky area. As you can see we are at the resistance of the falling wedge formation. Long positions: We will look for a break and close above the resistance level targeting ~45,000 Short...
Hello All, Here is a new look at the current price action in the Bitcoin price. If you have been following our analysis these drops in the Crypto Market should come as no surprise rather have been very profitable short opportunities. Never become emotionally attached to crypto, stock, or any tradable pair. Never have a bias just focus on the technicals....
Hello All! This is a macro view of Commodities (Metal, Energy, Livestock & Meat and Agriculture). As you can see we have broken out of the falling wedge formation and we are pushing towards 4 main resistance levels. Commodities have not hit a new all time high since 2011 which was during the low of the housing market crash. These levels will be key economic...
Hello, Bitcoin has formed a triangle pattern which is perfect for trading. We are still following our last Bitcoin post for the larger swing trade move. However, as Bitcoin closes in on the apex of the triangle we are presented with another opportunity. ---------- Long Play: We are looking for a strong candle to break out and close above the resistance...
Hello, We are providing a possible scenario for Bitcoin. If you want to trade Bitcoin please refer to our last post. This is not a trade setup but rather a possible outcome we should all keep in mind as we are trading & holding investment positions in the cryptocurrency market. ----- Taking the July 21st - September 30th price action and mirroring that to...
Hello Friends! As you can see GBP/USD is on a strong daily support line inside a larger channel. The Dollar is still in the overbought area giving room for EUR & GBU to make some positive moves! If you have been following our last posts make sure to also stay updated in the comments and updates for when we take profits as well. Enjoy profits as always!
Looking for a break of resistance out of this channel. Targeting 1.06, day traders look for a candle break with volume. Swing traders look for entries on support and all lower levels.
Hello All! Gold is still consolidating in the weekly triangle also following the weekly 200MA. A break out from this triangle will push towards new ATH or search for buys near the supply support levels. A break from support would be bad news for Gold however much less likely due to the current political climate & current events.
Hello All! This is our trade setup for the Weekend. We have a clear Head & Shoulders formation formed which is a bearish formation. Expect a huge move coming soon the bears are strong but the bulls are fighting at the support level. Set alerts at appropriate levels. Look for higher time frame candle closings.
Hello All! As you can see we are still holding onto the channel. We are at a critical moment with Ethereum & Bitcoin as they consolidate near our important zones. A breakdown from these support levels would indicate to re-test our previous support zones. If we hold we will push towards all-time highs. Short Trade Setup: A break and close under 3600 and...
EUR/USD The Euro has been falling for some time and is now consolidation for its next large move. We can see that we are building support & creating a falling channel. Long Play: Wait for a candle break and close out of the first layer of resistance (~1.14) then we can see a new upward trend pushing to the higher resistance levels. Target 1: (~1.152) Target...
Hello all, After calling the Top in Bitcoin & the most recent fall at 47K we introduce you to our next trade setup. We will update as the price action continues. -------------------------------------- Long-Play: A candle break and close above the falling wedge resistance we will then place a long position targeting the 52K region and beyond. Be cautious of a...
Hello All, Here we will focus on the Bitcoin Dominance chart. As you can see we are at a critical moment. As this price structure forms it can help us view the best way to allocate our crypto portfolio: Altcoin vs Bitcoin heavy. If the price breaks down from this structure and breaks the final support zone we could see a massive altcoin season. With a break of...
Hello All! Here we can see the bullish scenario for the Bitcoin price. Looking at past history we can see the falling wedge is a powerful formation for the Bitcoin price which can lead to a huge rise in the price. We can also see a small bullish divergence that has acted before as a start in a bullish run at the bottom of the falling wedge. For Traders, it is...
Play the volatility to your advantage not your emotions. Love bitcoin but do not be biased.
Hello all! Ethereum has been outperforming Bitcoin during this bull cycle. Ethereum is still holding the triangle support, 200ma (daily), and the trend curve from Sep. 2020. A break out from this resistance can push Ethereum into a complete parabola following the curve. However, always keep in mind the market is still mainly decided by Bitcoin. If Ethereum...