Hello guys, the price of Bitcoin (BTC/USD) is currently moving above the EMA 20, which indicates a possible uptrend. Please be aware of a possible Fakeout scenario, which we have seen multiple times in the past (yellow boxes). As long as we don't see a higher high (above $7.450) our trading direction is short . I'm expecting the price to make another move...
Hello guys, in this idea we use a basic setup to spot a possible trend change and to determine a general direction for our trades. There is one rule i always try to apply when i throw money in the market - do not trade against the trend . Especially not if you do margin-trades. How to verify an uptrend: The price is making higher highs and higher lows The...
Hey guys, I have been following Bitcoin for a while now and I think this is the moment we see Bitcoin reverse its trend and test the lows. Bitcoin has been propped up for multiple weeks now by the Federal Reserve, due to the continuous printing. In-fact, the federal reserve has been injecting $1,000,000 per second into the free-market. I want to warn you all...
Hello friends! Please take a look at my previous "Monday Volatility" analysis before diving into this one (linked below). The price of Bitcoin (BTCUSD) is moving in a Pennant, leading to a breakout which will most likely happen this monday. Use the following ranges to profitably trade Bitcoin, either short or long. Upper Range: 7200.00 - 8000.00 (long) ...
Hello friends! The price of Ethereum (ETHUSD) might be moving in a Bear Flag after a strong move, initiating a Trending Market . We can watch the price consolidating in a upwards channel. The price hit the Resistance Line of the Channel at 153.17 followed by a rejection to 114.70. The bears are still in control of the market, so please be aware of another...
Hello friends! The price of EUR/USD retraced to the 0.618 level after a strong uptrend. We use this level as an entry for the following targets in sight Target 1: 1.120 Target 2: 1.130 Target 3: 1.141 cheers, cryptobuller ___ Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are...
After our previous trade (short) from $9500 to $6000 (Rising Wedge idea linked below), we took a step back and waited for the next trading opportunity. We can now see a Symmetrical Triangle forming on the intraday timeframes, which is a continuation pattern during a trending market. This pattern consists of at least two lower highs and two higher lows. We can also...
Hello friends! Use this simple technique to determine your entries & exits during a trending market. While the price is making lower highs and lower lows (=Downtrend), we can see small pullbacks to our previous support before another move towards our next support. We can see a completion of the Rising Wedge pattern around the 6800.00 area (previous low) from...
Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
Hello friends! This is my personal trading plan for BTCUSD during the next three months. I'm expecting a bearish micro-trend back to EMA200 , followed by an accumulation phase in anticipation for the Halving 2020 in May. Use the green levels to increase your long-position on BTCUSD. It's important to trade the actual chart instead of relying on information that...
Hello friends! We pretty much nailed it in our last trading idea for BTCUSD (linked below). As expected, the price touched our previous support, our key zone as well as our trendline at $8250 and bounced from here. After our confirmation level at $8380 got hit, we are long. The price is now back above the MA 50 (red line) and we might see another bounce. Our...
Hello friends! The market took a hit but we were well prepared by working with confirmation levels and keeping an eye on Bitcoin (BTCUSD) price movements. The ideas are linked below, feel free to follow up. In this trading idea, we will work with a confirmation line as well (dotted line). If the next two daily candles open in the red box, we will open a short...
Hello friends! This is an update of my previous EURUSD idea, which is linked below. The previously mentioned trendline broke with a heavy and strong move. We can see how a Head & Shoulders pattern developed at the top of an uptrend (purple channel). The Neckline of the Head & Shoulders pattern is mandatory for this trade and a possible entry zone for a retest of...
Hello friends! This is an update of my previous idea, which is linked below. The price broke out of our range (red box in the previous idea) as expected and we are in a downwards move in this moment. While it's very tempting to catch a falling knife, especially after the price surge during the past two weeks, it's now important to verify possible entries. Our...
Hello friends! Ethereum (ETHUSD) is slowly climbing towards our Confirmation Line for a possible long opportunity, while the price-movement of Bitcoin (BTCUSD) is still going sideways. The confirmation line is mandatory for this trade! We open our long position as soon as we close above the line. I'm expecting a breakout to our resistance with a nice...
Hello friends! Gold (XAUUSD) had a strong run-up fueled by news surrounding political issues with the US and Iran. As the hype settled down, the price topped out slightly above the psychological resistance at 1600.00. This event was followed by a strong rejection with a 5% decline, leading to the swing low at 1535.00, which is the first confirmation point for our...
Hello friends! Bitcoin (BTC) had a great run-up and now it's time for healthy price correction. We can see how well the Fibonacci levels are working here. The price is accumulating below the EMA 20 (blue) and the MA 50 (red), which are both trending downwards. We can see a similar pattern from 10th to 13th January with minor volatility, followed by a very strong...
This idea will be updated regularly, so make sure you get notified by following me . If you would like to see more trading ideas like this, please click the like button! Pair: XRP/USD Position: Short Entry: 0.2318 Target: 0.2209 (4,5% Profit) Stop Loss: 0.2367 (2.15% Loss) Duration: 1-2 days Risk: High - use low captial allocation cheers, cryptobuller...