I have made the chart available to use/edit (Link in the comments, if it gets approved)
You can use the object tree tab (bottom right) to hide or show certain resistance groups to make it less cluttered.
Don't take the prediction too seriously, was just a conservative estimate for fun.
Multicoloured horizontal - Fibonacci extention from previous bear...
I might grab the teapot and pour a cuppa tea. We have a cup and handle forming nicely. $BAND is looking good. Developed and confirmed an ascending trend line and looking to reach for an all time high. I want to see it close above $15.00 though before I take a trade.
I HODL BAND. But I do trade a small position on Binance too. I think BAND looks good and using...
ADA dropped and met the 61.8% fibonacci retracement level perfectly.
Since then it has bounced up.
The fibonacci extension tool shows us that we could see a move up to $1.56.
What does this look like?
- If you invested $100 today, if ADA reaches the target you would have $124.
- If you invested $1000 today, if ADA reaches the target you would have $1240.
The recent bullish flag pattern has been confirmed and retested.
Therefore, we could look to see a move ranging from 295 sats all the way up to 360 sats (around 30% gain).
Effect.ai is a very exciting project that has already worked with the likes of Akon and Kraft Heinz.
I do suggest doing more research about this project before investing to see how effective (😉)...
The Fibonacci extension is indicating that if we push past the current zone we could see a move to $43.
I'm predicting that this will happen by Sunday give or take 48 hours.
Long term, however, we could see Polkadot reach $53 during the altcoin season (and that's being conservative haha!)
Using the fibonacci extension tool, I have come up with a set of price targets for the month of March.
These targets range from conservative to more radical.
Currently we are coming towards the first price target and I hope we can hit all targets within the month.
Apple has retraced to the 61% Fibonacci zone and is now showing signs of a push higher. We may see a small dip back towards the 61.8 Fib zone, however, I'm almost positive Price will then push higher again towards the 1.61 Fib Extension zone around 171.00
This setup is only relevant if we can get that daily close below this neckline.
As i have already stated to TeePee Students; I want to hit a stop on this, and i will not trade it on a live account. all the reasons for this were shared in our live session earlier today. Targets (1.758 & 1.743) are fib ext targets (1& 1.618). i don't think the previous relevance of...
It has completed five impulsive waves.
While it hits Fibo target at the value of 1.618 in the 0.7805 price area.
Mmm Well, is there a likely drop? .. Yeah!
It touched the previous high, which is a correction of a previous impulsive wave (shown in the picture as a b c ).
We took the FIBO cluster values from the prices: 0.7817 to .7563
And from a high of...
Nice and simple setup, but this means nothing until the channel bottom is taken out. Longterm my bias on this is still long, across the majority of EUR pairs. We are still long on EJ & this pair since May.
We could easily see another push to the channel top which would definitely give the targets a move with it. The targets are in no way concrete, especially if we...
I BELIEVE THERE IS STILL BULLISH MOVEMENT POSSIBLE TO TEST THE DAILY SUPPLY ZONE / TREND LINE I GOT MARKED UP.
THE FIBONACCI & THE FIB EXTENSION LINE UP QUIETLY NICELY GIVING ME MULTIPLE CONFLUENCES WITH HIS TRADE
I WILL WAIT TO SEE WHAT PRICE DOES AROUND THE BLUE BOX AREA BEFORE ENTERING
HAPPY THANKS GIVING TRADERS!
1% RISK ALWAYS
Bitcoin bullrun targets based on fib extension from 2013 high to 2017 high down to 2018 low.
The line connecting the 2017 high and the 2018 low is also the base of an isosceles triangle having vertex at the 2013 high breakout and sides as supports and resistance lines
As covered in our weekly outlook session with our students. This has the potential to be a scalp that moves into an intra/swing position.
This time frame (4Hr) shows a considerable amount of liquidity just above.
I simply cannot class this current collection of price action as a double top due to the fact that the price did not move into a rejection directly at...