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Aresabi

[CRYPTO] Bitcoin Crushing the All Time High?There is not much to say besides that the cryptomarket looks fantastic at the moment. The price of Bitcoin (BTCUSD) is moving slightly below the All Time High at ~$42.000, which we actually achieved a few weeks ago. While most of the market was scared that we might see a price-correction similar to January 2018, we saw wannabe-robinhood Elon Musk and a few other famous people putting the Bitcoin Hashtag (#bitcoin) in their Bio, which lead to a pretty strong breakout which was enough to drag the rest of the retail investors in. Institutional money is across the board for a few months now. Although i do think that most of the institutional money joined way before they announced it and spilled fuel in the fire by doing so. Anyway, make sure to have some Bitcoin in your portfolio. Even if it's just a fraction of it. You'll be thankful at some point.
BITSTAMP:BTCUSDLong
by Anton_XBT
9
[WSB] Gold is moving in Corrective Patterns - What's next?Gold (XAUUSD) is easily one of my most traded assets, since the price tends to move in corrective patterns that are very common in the market and easy to spot. The strong surge of the past years makes it even easier to make a decision for the right side of the trade. As long as we don't see any reversal pattern, the price is still in an uptrend . The price is moving in a Bull-Flag after aiming for the $2.000 level, which acts as a psycologial resistance as well. The Bull-Flag is built of Lower Highs and Lower Lows. The price is still moving in this pattern, even if some of us thought that we successfully broke out of the flag a few weeks ago. But the price revisitied the important $1.780 level again and is now looking for a short-term bounce. I'm expecting the gold price to look for another lower low, followed by a higher low and finally a break above the previous high. I consider a long position at the lower low. Depending on the strength of the move, we might see a deeper correction, which would not align with the "economical situation" (inflation, instability). Everything else is explained on the chart. Please let me know what you think about this idea and how is your opinion on gold as an investment? cheers, Ares
OANDA:XAUUSDLong
by Anton_XBT
16
How To Trade The Range With BitcoinHello friends, the price of Bitcoin (BTCUSD) is recently making lower highs and we might see a bigger correction incoming. Please use the highlighted Demand & Supply Zone as well as the Key Level & Support for possible exits or entries. While the price is moving in a range, we have to keep one simple rule in mind Don't take long positions if the price is above the Key Zone of the Range Don't take short positions if the price is below the Key Zone of the Range Everything else will mess up your Risk/Reward ratio. And as always - i want you to be careful with your money :-) We can see retracements during an uptrend (use resistance lines) as well as during a downtrend (use support lines). Drawing lines can improve your exits and entries massively. We might see the price moving towards our Demand Zone within the next hours and days. If the buyers are exhausted at this point, the price will move further towards our next support zone. Please make sure to place your buy orders beforehand, so you can catch a (likely) bounce scenario. Let me know what you think about this idea! cheers, Ares
BITSTAMP:BTCUSD
by Anton_XBT
5
Bitcoin Printed A Buy-Signal! (Trend Based Strategy)Hello friends, the price of Bitcoin (BTCUSD) is supported by the MA 50 on the daily & intraday charts. As you can see on the right chart (1H timeframe), the price broke the resistance line (highlighted in orange) and is now aiming for a higher high. We place our order accordingly, with a Stop-Loss slightly below the previous low and our target located slightly above the previous high. We are still in a strong uptrend and the recent decrease in price was definitely not a change in trend, as mentioned in my previous idea. Please let me know what you think about this trading idea, especially about trading Bitcoin after this price surge. I would love to know! Cheers, Ares
BITSTAMP:BTCUSDLong
by Anton_XBT
14
[WSB] How To Trade The Actual GME Short-Squeeze #2Friends, as you already know, the GameStop Stock (GME) was recently picked up by the subreddit r/wallstreetbets. The theory and technicals, which led to our entry at ~$17, are explained in the previous idea i shared with you guys (linked below). The price respected the trendline (black) three times during this uptrend. We saw a retracement in the shape of a cup each time, followed by another breakout. The same thing happend before, while the price was moving in a parallel ascending channel (red). For whatever reason, the price pumped 57.17% each time. So we can say that the price of GME tends to move in some sort of patterns. Let's try to apply these patterns to the current situation and find the best possible entry for those who missed to pump or for those want to increase their position size. From a technical point of view, we would like to see the price re-testing the trendline. This usually happens during a pullback. Pullbacks occure after a strong breakout. Those who previously bought (f.e. in the past months) take their profit and new traders emerge on the market - the journey continues. We can see a new trend emerging, which might be moving more aggressive. Please be aware that during an actual short-squeeze, we see insane price-jumps and huge sell-off later. Please manage your risk accordingly. Let me know what you think about this idea! I would love to hear your feedback. cheers, Ares
NYSE:GMELong
by Anton_XBT
14
[WSB] The Technicals Behind TSLA (Trading Plan) #2Hello friends, the performance of the Tesla stock (TSLAUSD) amazes me day by day. The fundamentals align with a very bullish and kinda healthy looking chart (combared to bitcoin). We can see that the price is moving above the Moving Average 50 & 200 (blue area) for a few months now. We've managed to make some nice gains by taking a long position at the breakout of the symmetrical triangle (purple) and riding it all the way to our final target at $650. While i thought the run was over (like many times before), the price continued it's strong movement by moving along a parabolic curve, towards our main target at $1.000. Everything we see is basically uncharted territory. We don't have any resistance or zones of confluences above us (basically no data to rely on) so we will have to look out for psycological important marks, like back when the price hit the $500 mark and retraced to $320 in a few days. That's where to accumulation started. We can use the Fibonacci Retracement levels to verify possible entries as soon as the price retraces (probably for the next leg-up). This kind of retracement can have different shapes. You can see a Falling Wedge above, which is followed by a strong breakout and a continuation of the trend. This pattern is SPECULATIVE and just an example of how things can play out. We still have to observe the strength of the move. Let me know about your thoughts on TSLA and feel free to like this idea if you agree with this idea. i love you Elon! cheers, Ares
Editors' picks
NASDAQ:TSLALong
by Anton_XBT
73
How To Trade A Trend Instead Of Catching A Falling KniveHello friends, it seems like many successful traders fail to determine a proper entry for either a short or a long position. Please use the tips on the chart to avoid further losses by trying to catch a falling knive. The price of Gold (XAUUSD) made a breakout of a bull-flag/ ascending channel on the daily. The price action we currently see might be a re-test of the trendline (as per many idea here on tradingview). But this could also be a simple fakeout, followed by a mid-term trend change (on the daily in this case). Nontheless - read the chart and forget any previous predicition you had. Try to rely only on numbers, indicators and a trend. This will save you A LOT OF CASH! :-) Trust me cheers, Ares
TVC:GOLDShort
by Anton_XBT
2
Bitcoin is heading towards $50.000Friends, the chart speaks for itself. We saw different patterns play out in the past. Each of them followed by a parabolic run, due to the deflationary nature of Bitcoin and probably a lot of Tether-printing (combined with a weak dollar). After touching the parabolic curve in the recent days with a low at ~$27.000, we saw the price climbing back up and making new All Time Highs (as we speak). There is enough bullish momentum and not enough liquidity to stop anyone from pumping the price further. The RSI and other common indicators fail to give us a hint about possible overbought territories. So we have to trade with the trend. Please use a tight stop loss if you long this. Respectively, we have a bad Risk/Reward (at least in my point of view). Let me know what you think in the comments and feel free to appreciate this idea with a like! cheers, Ares
BITSTAMP:BTCUSDLong
by Anton_XBT
6
[WSB] The Technicals Behind TSLA (Trading Plan)It's time for another analysis for our alltime favorite Tesla (TSLA). I don't have an intro ready so ... this stock is basically a Meme. The monthly chart looks hilarious and many of my favorite analysts failed to call a good opportunity for a short position. It's like a big warning sign at the end of the road - DON'T SHORT TESLA! What we can see on the chart is a pretty healthy (which is kinda weird). And whoever spotted one of the many different triangles (symmertical, ascending, declining, you name it) during this bullrun, definitely made profit. TSLA recently broke out of a symmetrical triangle with a very strong impulse. The price tends to move upwards in a channel after a breakout of this pattern. The support of this channel has been tested yesterday. The price bounced back today and we can now aim for the top of the channel as our main target. Here are some numbers that might be important for this trade Use $550 - $570 as an entry Close your position $670 - $690 before 16th December Set your Stop Loss below $520 Everything else is explained on the chart. This is not a financial advice. cheers
NASDAQ:TSLALong
by Anton_XBT
7
[WSB] The Technicals Behind PLTR (SPOILER: MOON! 🚀 )This is the most clickbait-title i've ever used but guess what, there's a reason for it! Palantir Technologies (PLTR) is the november stock that made everyone rich (except me). But i got something for you: there is a decent chance for another pump towards our previous high. So we might be able to lock in another 20%-30% profit (if just buy the stonk :-)). PLEASE BE CAREFUL: We can see a divergence with the price action and the MACD/RSI, which means that the price has been moving up, but many people obviously took some profit (or simply switched over to GME). A STOP LOSS IS MANDATORY IF YOU TRADE THIS STOCK! Everything is explained on the chart. Here are some levels that might be important for you Enter below $27.50 Place your Stop Loss $23.60 Target $33.00 and secure your first profits This is not a financial advice. cheers fellow autists
NYSE:PLTRLong
by Anton_XBT
14