GenesisGo

GenesisGo

Hello Team, Currently Bitcoin is between a support & resistance level. For us we will not be placing trades within this range. - If the price breaks above the resistance we will look for a buying opportunity. - If the price breaks below the support we will look for a selling opportunity. Patience is key, let price action tell us the answer.

GenesisGo Updated 

Hello Team, Swing Trade Opportunity: Short GBPUSD Currently Overbought and near strong resistance

GenesisGo Updated 

Hello Team, Swing Trade Opportunity: AUDNZD Long > 1.85+

GenesisGo

Hello Team, Swing Trade Opportunity for AUDCAD, incoming correction from the upside movement.

GenesisGo

Hello Team, Bitcoin has been forming a falling wedge for sometime in this sustained bear market (White Dotted Lines). We are now forming a medium-term consolidation period in preparation for a large volume move as we near the apex of the medium-term consolidation. Long Trade: For Long-Positions we will wait for a break of the resistance (White & Orange Line)....

GenesisGo

Hello Team, As we can see LUNC is forming a massive falling wedge after a huge run up (Bullish Formation : *Upon Breakout). A strong volume resistance break to the upside from this falling wedge can have massive upside potential. We are looking to start adding small positions as we continue lower. Key Notes: This is a very high risk play due to being a highly...

GenesisGo

Hello Team, ---Trade Idea: Short Play: Bitcoin has formed another Bear Flag; this formation is a bearish pattern indicator. You can see the outcomes of Bear Flags in Bitcoins Past giving the short play a higher probability of occurring. We will wait for a confirmation break of the flag support to enter short positions to our 18.8K Target. As the price falls we...

GenesisGo

Hello Team, Short Play: As we can see Bitcoin is in a rising wedge which is a bearish pattern. A break of this pattern can lead to more downward momentum in the markets. If this structure breaks with confirmation BTC can look to test the ~18.6K level again. The bulls would need a strong momentum push to the upside to break this pattern which is a lower...

GenesisGo

Hello Team, Bitcoin has set up a big trading opportunity. As Bitcoin whales such as Tesla who sold (75%) of their holding and Defi platforms fall apart the price continues on its bearish trend. As we near the apex of this structure we can look for another sizeable incoming move. We want to be set up with both scenarios as always. Currently, our bias is bearish...

GenesisGo Updated 

Hello all here is the Gold setup for the day: Short: Look for a break and close below 1832.02 to fill the range down to 1815. Long: Look for a break above 1838.255 to fill the range up to 1846. Risk Management: Stop loss: Previous candle high (1-2% Risk) Strategy: When the Trade is in 10 Pip's profit close 50% and add a stop loss breakeven allowing runners...

GenesisGo

Hello Friends, Here we look at the falling wedge of Bitcoin. If we break and close the current resistance level we will look toward the top of the falling wedge with trailing stops for a potential break to the upside. We will continue to play the falling wedge pattern as it is holding well. If the current strong support at around 37K is broken we will look...

GenesisGo Updated 

Hello Team! A quick analysis of the current Bitcoin structure. We can see we have had a strong bullish movement over the past few days. We will look for a candle close above the 46K resistance level to look for long positions to 48, 50, and possibly to 60K. As always we will close 50% at our first target, adding a stop loss break-even and closing the remaining...

GenesisGo Updated 

Hello Team, Here is the Asian session trade breakdown for GOLD: XAU/USD Enjoy!

GenesisGo

Hello Team, Gold: XAU/USD on the weekly timeframe is showing us bullish momentum. We can look for prices to retest previous highs around 1990 this week if support holds. View our next chart for the Day/Intraday Trade breakdown. Always use a stop-loss. Enjoy!

GenesisGo

Hello, We will entertain the idea of another Bitcoin push towards higher levels as weekly candles are closing strong bullish. However, during these times strong catalysts can change price direction at any moment. It's best to focus on day/intraday trading rather than long-term swing trading during these times. Refer to our last chart for those trades. You can...

GenesisGo

Hello Team! Here is a fresh look at what we believe to be a large & growing sector; Cyber Security. As more of us are becoming 100% Digital and Currencies such as the Chinese Yuan are going digital we can assume that current trends will continue to develop rapidly. This leaves everyone vulnerable to hacks, cyberattacks, and breaches. We are looking at stock...

GenesisGo Updated 

Hello All, Here is a swing trade that we are entering now. Close 50%-80% at TP1 and let the runners find the final take-profit areas. Enjoy!

GenesisGo Updated 

Hello All, If you saw my last post about the bullish potential of Gold then Silver should pique your interest. Silver has not had a new All-time high since 1980 / 2011. Gold and Silver have a tendency to move together and act in tandem. Silver also has many use cases for technology that I will not get into here but a simple Google search can reveal that. A...