Fibonacci spiral indicator provides support to the idea that ~9.2-9.3 was the final true bottom for this BTC correction. BTC is oversold and this bounce could trigger the next major price movement upward and onward. Long live the king!
I went fully Fibonacci on SUB. Using the time zone, retracement, extension and arc/circle tool. Any thoughts on the target zone?
Bitcoin is in a bearish pattern, although, that's what it looks like. It crosses the 61,8% in the fib-tool (using Bitfinex)and in using the fib-spiral it looks like this will be confirmed a bearish pattern. There is a S-H-S formed with a declining line. As part of this S-H-S is the retracement ABC pattern which is formed during the S-H-S. So all signs look like a...
Let's take a look at a lesser used form of Fibonacci - Spirals! Trend is still very bullish as everyone can see. We are testing highs again over the next few weeks. Three things can happen - consolidation through the Resistance Area, or a change up or down to the Target Area or Correction Area. All the signals are pointing to the price moving UP. My position...
Fib Spirals are a quirky indicator, you have to place them properly and you can only use them when you reset and lock the scale. But still, it is an indicator I enjoy using because it gives you a better idea of a realistic range during a specific date. Take as an example the range between 10/4 and 10/6. Too many people are expecting Ripple to moon, I prefer to...
After the corretive ABC Elliott Wave, Doge seems to build a uptrend wave. If it breaks the resistance can follow the 12345 impulse wave making a correction somewhere over B wave.
I do not trade this but there where some rumors on the box so the thought came, lets throw some Fib Arcs and Gann Angles at it and see what happens....I should have done that sooner as it looks so beautiful. XRP for now looks like a ripple from a skedaddle from a pebble and it could come down again to go more up...R2R Enjoy (Circular Geometry) Om Sri Satoshi...
ETCBTC rally unstoppable? ETC the original Ethereum .(for more info on ETC/ETH @spacetrader ) (Circular Geometry) shows the way. Unveiling the underlying architecture or structure of the Price/Time continuum. The Golden Means Ratio is the loom on which manifested reality is woven. It is the base (Circular Geometry) which rules everything within manifested...
Best viewed full screen. Are we getting closer to Bitcoin´s 100th monkey moment? Because of Bitcoin becoming more scarce as more and more new people will want to own it, Bitcoin´s price will go up exponentially over time. This moment can be seen as the Bitcoin Spirit (seen left) moves from breaking the ATH through the Price/Time continuum. Killing the Bear of...
Last Gann Angle resistance for $1300 and then look to the left. Resistance is futile, we are Bitcoin. Om Sri Satoshi Ji Namah OM Sri Satoshi Mahadev! Jai! OM
If today fed hike rates, then hoping for Gold to reach 1179.51 and then will eventually rise up. but slow rise.. But, fed can also extend their decision for next month, so a stop loss of 1211.68.. Summing up all... CMP 1200.33 Target 1179.51 Stop Loss 1211.68
Expected bearish for the next couple of days once it hits the trendline. Buy LONG as soon as it hits the 2.5 for a 2.13% in the next week. I am going in with a micro lot of 0.05 without a stop loss. If you put stop loss. I would suggest at 2.5000
Last my analysis with Risk/Reward Ratio 3.23 Fibonacci Arc on Daily Chart $AUDUSD Entry @0.7353 Take Profit 1 @ 0.7200 Take Profit 2 @ 0.7000 Take Profit 3 @ 0.6833 Stop Loss @ 0.7510
To help better understand how to use Fibonacci Spirals when trading, I have decided to dedicate a topic about them. My quest here, is to consistently generate predictions using Fibonacci Spirals. I have only recently started to see a pattern and once I found it, I could somewhat consistently reproduce the same results, that is... visually. I could not however...
NNA has solid fundamentals, but obviously that's not enough these days to mean much in short term trading. Dailys are showing solid bull set up with the indicators. Hourly indicators are a bit mixed. Daily Fib-arc, Bullish Gartley, pitchfork, and pitchfan are showing gradual-immediate bull. I'm in, are you?
I'm seeing a set up for a bull run. Trend lines have been upward slanted the last few months and is still be tested (currently we are on/around the median). Fibonacci resistance/support lines are being tested too. I'm thinking either in pre-hours, or early hours after opening the price very well might fall due to exterior motives (SPY tanking); but I don't...
Drawn high form high to to high on the weekly... 2100 is the crucial resistance here (red circle)...
Again, most indicators are leading to a correction; I'm going short. With the recently tested 23.66 resistance, plus the blue downward-slopping warning line from the pitchfork, I'm guessing the price action in the next few days won't go above the 23.66 price point. The hourly and daily lower indicators (macd, rsi, cci, slow stoch) are all showing a possible...