CarlsonCryptoTrading

CarlsonCryptoTrading

I am very bullish on FTX:BAOUSD as I believe that their concept of setting up full synthetics that are franchised across different chains is the way that synthetic assets need to be for it to be useful and to be adopted. There is a lot of downward pressure from the high APY for yield farming even at only receiving 5% of the rewards immediately which is a great...

CarlsonCryptoTrading Updated 

This is a support that has held up quite well at the 0.768 Fibonacci Level for the last few days. This will be a nice entry point for a trade that potentially will be a reversal. The target I will be looking at will be a trendline over the last few months but will add to the idea if it holds up. Fundamentals show that the project is moving along nicely where they...

CarlsonCryptoTrading Updated 

The fundamentals of BAOUSD have me very bullish on the project as the use cases allow for more use of synthetic assets as shown in their documentation. As shown in the charts I have an upper range of where we could have a reversal for profit takers to create downward pressure on price or if it pushes past it to break the trend to see some further adoption which...

CarlsonCryptoTrading

Pure TA trade. Short with SL at Local High...looking at a Short at 50% and 61.8% for 2 more chances to call a top which means I'll be using low leverage on these trades. Will average in when LOCAL top confirmed. Goal will be 8500 then 7700 and 6800 as the lowest as this will be the right shoulder of a IH&S play...if this plays out will look at re-entering at...

CarlsonCryptoTrading

Again just trading on TA ignoring any fundamentals right now as it seems they are being ignored by everyone. Looking to fill out this pennant and TP set at midway point (3100)

CarlsonCryptoTrading Updated 

Simple...trading on TA as markets seem to be following patterns and ignoring fundamentals. Triple top and not seeming able to get over 3157 (call if 3160). Let's see what happens in these markets.

CarlsonCryptoTrading Updated 

Please comment below if you have any feedback and LIKE if you agree with the idea. TYPE OF TRADE: I am looking for a great setup that could form soon for a SHORT position. CONDITIONS TO TRADE: I will be looking for 2 specific conditions to enter into a short position - This 2 year resistance holds and doesn't get broken...even by a wick. - We close below the...

CarlsonCryptoTrading

Please COMMENT if you have any feedback so I can improve on my ideas and LIKE if you agree with the idea. I have been playing around for 9 months for a reliable strategy that I can trade with and I am sharing my first reliable strategy with the few flaws that I need to work out but it has been a profitable strategy so far for me as it does determine when huge...

CarlsonCryptoTrading Updated 

Please leave a comment if you have any questions and a LIKE if you agree with the idea. I am BEARISH on the SPX as I believe the problems in America have not been fixed. Fundamentally, there is a lot of problems that have uncertainties such as When will consumerism get back to normal for big business People will feel safe financially and in regards to...

CarlsonCryptoTrading Updated 

Please comment on my idea if you have any feedback and LIKE if you agree with the analysis. Yesterday we 2 charts make significant moves The 2 month trend in the upward channel broke to the down side Confirmed a bounce off the 2 year trending pennant from the upper boundary We are trending below the channel right now and am looking for A bounce from the...

CarlsonCryptoTrading

Doing things a bit differently on this one with most of the information on the charts. Let me know in the feedback if this is easier to read or not. Please LIKE if you agree with the idea. This chart will help me determine what to do with ETH. BREAK ABOVE UPPER TRENDLINE - Start Day Trading as I will expect a constant bull run to start for Ethereum. (Will trade...

CarlsonCryptoTrading Updated 

I have kept this analysis quite simple as I have risk exposed with DCAing from AUD to BTC as I am Australian. As most common price to quoting BTC is BTCUSD I need to keep an eye on AUDUSD currency pair. I will hold half my money in USD and half in AUD that will be used for DCAing weekly STAY WITHIN 0.63678 - 0.65731 Buy 1/2 from USD and AUD each week. ...

CarlsonCryptoTrading

There is a very high chance of us going to lower lows as we have hit this level. Just a short one for today Maintain of gain

CarlsonCryptoTrading Updated 

Please leave a comment for feedback on my ideas and a LIKE if you agree with this plan and logic. We have seen a bounce off support levels yesterday in the upward sloping band which tells me that we are seeing a majority of speculators re-entering into the market. As shown on the chart on around 4th of June we will be coming to a key point where two trendlines...

CarlsonCryptoTrading

Please comment below for any feedback on my analysis and LIKE if you agree with the idea. I have published this idea to show the similarities between 2 things: The correlation between Stocks and Housing The US and Australian markets (stocks and housing) with the big heavy drop at the same time What this implies is if this holds whatever happens to the US...

CarlsonCryptoTrading Updated 

Here is my upper and lower bound targets for 2020 from this huge pennant forming on the weekly for FTX:BTCUSD . Resistance will be a range from 9902 to 8899 Support will be 4789 to 4038 (Assuming we will approach the limits end of June 2020) We are at a crucial point right now as we are pretty much in the middle of the range. My belief which I am using as an...

CarlsonCryptoTrading

As shown on the charts we can see 3 formations forming and all overlapped. Short-term pennant (rising wedge) (Only mentioning this for scalping) Steadily increasing channel from our local low of 3800 from 2 months ago A larger pennant over the years and we are in the upper band. This means I have 2 points where I have high confidence that they will confirm...

CarlsonCryptoTrading

Medium-High Risk Trade. As we have a lot of uncertainty ahead of us but it does look like a breakout is imminent in BTCUSD on the 1hr timeframe. JP Morgan getting involved in BTC Health of US Stocks Health of world economy Correlation between BTCUSD and US Stocks (DJI & SPY) Just to name a few Have a look at the chart to see the levels of interest as...