Hey guys, BTC is almost right at the top of a huge channel - the lines were formed in the last bullrun 21/22. Considering the beginning consolidation of the last hours, I believe we will at least have some more time below the upper line - and more time without any significant gains, might trigger lots of traders to take some profit. This is just my observation and...
Despite the recent push upwards, we are still very much in a downward channel. Just look how perfectly the prices align to it and how quickly a break to the downside was bought up. I dont see we are out of the woods yet in the long term unless this channel gets broken to the upside and price stays clear of reentering. I myself would try to enter longs on the...
This small triangle might tell us where we go today. Considering the small timeframe of 15min its not clear if a breakout to the top will lead to end this downturn and finally see some post halving gains. As with any triangle the target after breakout (up or down) is about 50% of its height. Lets pray for a turnaround and a bullish revival.
Hey guys, its been a while. This idea is pretty self explainatory, if we break to the downside or the upside, the potential for profit should be (textbook wise) about half of the height of the triangle (around 1000 usd). However, note that this is a small time frame that could be overruled by bigger structure, so set up your SL accordingly. No financial advice,...
Hey guys, RIOT seems to be on the brink of breaking either up or down. I will play the following scenarios as they unfold. 1. The price will bounce off the bottom and visit the upper line, -> tight stop loss. 2a. The price will break down once we see a strong crossing of the lower dashed line (red) 2b. The price will break to the upside with major volume once we...
Hey guys, NSPR or Inspiremed is an interesting company that has developed Stents (to reopen clogged arteries) with new, more promising long time materials resulting in less risk for common compliactions (www.inspiremd.com). Also massive insider buying about some weeks ago, yet very negative price action. At this point NSPR plans to get listed on NASDAQ to reach...
Hey guys, BTC is testing the lower line of a huge Channel atm - I like these setups b/c they require only small stop losses and have lots of potential for the win. Should be played as shown, tight stops. No financial advice, just my personal opinion.
Hey guys, hope you are well, there is a small channel on the 2H. I believe we are at a critical point where the price could either break out to the upside or get rejected - maybe even with lots of volume at the open. I have drawn additional lines of short term significance (yellow) into the chart, which could play a role in price development as they have in the...
Hey guys, IFX - or Infineon manufactures all kinds high tech of components for EVs and is in some cases almost the only supplier. No wonder this stock has recovered so dramatically over the last month. I'm bullish on this stock and would buy a strong break of the former High. No financial avice, just my personal opinion.
Hey guys, hope you are well defending your gains of the 2020 rally. Triangles are my favorite setups - this one is on the S&P 500 E-mini Futures. I'm playing the breakout either way with tight stops. No financial advice, just my personal opinion.
Hey guys, this japanese index called TOPIX has a long history of staying below a resistance line for about 30 years so far. Hence they call it the iron coffin lid. The question is..when will it be broken if not in these frothy times..Good scalping opportunity either way. No financial advice, just my personal opinion.
Hey guys, the following company is a direct profiteer of the EV revolution. They produce all kinds of parts and elements needed for the batteries in EVs. Working closely together with other EV manufacturers such as Tesla its pretty hard not to be bullish on this one. This is still a young stock, but has seen some severe volatility, which is why I'm posting a...
Hey guys, WSB has sparked a revolution that will hopefully make things better in the future. GME not being finished yet, one of the other pumped stocks is AMC. As far as I know AMC should lag behind if things are to repeat itself. The shown triangle could break to the up or downside, but if it does (textbook-wise) it would be a huge move. Keep in mind this...
Hey guys, the last triangle TSLA pulled, gave us a potential 2% unleveraged profit.(See related idea below) If you're short, this newly formed triangle could mean you should be careful. Taking into account the bad news of the callback for 158.000 Teslas, Michael Burry's mega short and on the other hand the relentless hype-fueled run to the upside, this is yet...
Hey guys, BTC has formed a clean Triangle on the 4H, should be played as shown on the chart. No financial advice, just my personal opinion.
Hey guys, we might have avoided the breakdown of the major Head & Shoulders of the last days, but now BTC formed a Baby Head & Shoulders on the 1H and broke the Neckline. Now textbook wise, this means we have two Takeprofit levels (= Neckline - Difference the Head to the lows of either left and right shoulder) and one Stop Loss (over the right shoulder). Now...
Hey guys, as you might have heard, Tesla was just asked to recall 158,000 cars over safety concerns by the National Highway Traffic Safety Administration (Link: www.bbc.com). In addition we're just about to complete a triangle on the 2H. We shall not outguess the market, but after the unbelieveable run this stock had, this setting might just be a perfect short...
Hey guys, BTC might have found new support on the 2H (yellow). We'll see if it holds, if not, the red line would be the next significant support which has acted as resistance and support since October 2020. My parabolic approach (blue) is pretty chewed up, so chances are we might consolidate in this area for now. And did anybody notice the Head and Shoulders...