THESE fibs 0.618 supports to the upside. 18500 k target and its game over for the downtrend.
this could surprise- i don't think the first pump was anything just a big X wave , then it did a 1-2 and found a bottom and its a long way up to the next macro fib these Dog coins always seem to move round about the same time, so shib and doge moving up could be a good catalyst for apes to ape into other dog coins. defo worth a punt I reckon
Hi Everyone, Wanted to share my idea on where i think gold is heading for the next days, using price action, support and resistance zones and the Fib Levels. We can see that Gold did a solid move downwards and now seems to be in a pullback, if we enter now i think its fair to expect a pull back to the 38 and 50 level which are our TPs. Gold also broke the...
Here is an analysis of XAUUSD using a strategy based on Fib retracement. If the 0.23 level (golden zone) confirms his stand for support to the price, the optimum target will be the 1845.00 level price. This is just an idea, not financial advice. If you have any observations or comments, feel free to write them down. Regards!
Rising channel and uptrend back in Oct 2022 until Dec 2022. New descending channel forms with a new resistance of $294/$295. Will continue to downtrend and will test resistance, if breaks through that resistance, entry between $300-$310. If not, expect descending channel to continue until at least earnings call in late January 2023.
I'll cover fibonacci, volume range, general trend, macro correlation coefficient and MA analyses. This spread graph pins BTC against safe heaven assets, which include: Commodities (SP:SPGSCI), the U.S dollar (DXY/M2SL) and U.S Bonds (1/(TVC:US03Y+TVC:US02Y+TVC:US05Y+TVC:US10Y+TVC:US30Y)+1). Given representation of BTC's price accounts for various...
74$ is a strong RESISTANCE now analysis based on : FIBONACHI levels SUPPORT & RESISTANCE ELLIOT WAVES TREND LINES stay focused and safe.
The second video related to fib pullback and Rsi ind. It's important to : 1. identify your tend 2. set the trend line 3. use RSI and Fib to take sell trades
Understanding price action and market structure is one of the most valuable concepts in terms of keeping your head straight in this market. Bitcoin recently printing a couple signs of changing market structure and I wanted to share because sometimes this stuff is almost too simple that people overlook it. The chart above is showing that after the enormous BTC...
Current analysis of TQQQ. ...Of course, you could also just buy SQQQ if you're wanting (or needing) to be long
Bitcoin Weekly chart The Vertical Red lines are Fib Time Zones and these ones are Bearish PA got Rejection off every one and the next one is on week of 2nd Jan which also intersects with the 4.618 Fib circle, As you can see, Previous 618's have also caused Rejection though PA may have descended before hitting the 3.618 End od Dec, Beginning of Jan has many...
Clear fib retracement 0.382 golden line and previous strong support
Currently favouring upside based on fib low to high on Fib 0.618 and weekly support level. Target to the upside Fib drawn from High to Low at 0.618 fib extension above. Key level not to lose 16500 Weekly. A negative point is the price is being tested 2nd time, which lowers the probability and shows indecision and possible weakness.
Swing low to swing high - resistance. Generally fib retracement from low to last high will give you the 0.382 which is generally a level of resistance. Clearly highlighted here with BNBUSDT. 1st level.. and next
In this idea, I'm going to share my own short-term trading plan on Ethereum . So this one is not an analysis it is an action plan with calculations. As you can see on the chart (1H time-frame), ETH has reached a PRZ (Potential Reversal Zone) around $1310. This is the high of the last bullish wave on our ascending trend (you can see the yellow trend-line to...
No trade for me today. It seems that price is stuck between Buyside liquidity and Sellside liquidity. Innitially I knew price will retrace to 50% on fib but not right away, it took a while. Now we know it's there and I would expect to start to go down today and make way to 164.400 or even 164.000 but to me is 50/50 = no trades. Please let me know your thoughts.
Note: In the chart above I have provided a clear distinction between what I would consider to be CONFIRMED CHANNELS that have been held for a considerable amount of time. Points: 1. With todays trading day on 12/13 we moved back into oversupply territory where price action failed to hold. 2. Oversupply move confirms a rejection of the 200 EMA Line. 3. Key Level...
Harmonic is not really nice due to the lack off symmetry . Just hit the naked point of control @ 17.28, with a nice reaction for a scalp. The level 17.55 looks decent with a daily. also it is the lowest point of the former range from juni till november this year. Let's see if it plays out.