If SPY starts to get a bounce on the daily, then it could see resistance near the 428 area at the 38.2% retrace of the last leg down. Price is getting somewhat extended from the 21ema, and am expecting a correction in time or price in the near term... I see this current Elliott Wave scenario as possibly being in the C wave down of a correction that started after...
Crypto is struggling to break through key areas to flip the sentiment to bullish. I follow what I can see on the charts and not the noise (hype) on platforms such as twitter and YouTube. (seeing is believing) Bearish conditions means bearish confluences and we saw this on FTM a couple of days ago, we had break of support and retest on the 25/04/2022 Bearish...
Based on the chart, the price is close to vital support area ($1920) and our important trend line and resistance area are located on the chart ✔️ if the price stays above this support zone ($1920) we will see more gain, at least to $1960 🚀 and if the price breaks the support area to the downside, we will see correction to lower price 📖💡 Please, feel free to ask...
Based on the chart, the price is close to resistance area and we can see correction to the next support area (based on the Fibonacci levels) Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
As I mentioned in my previous analysis and the price has started to gain and hit our targets and gain +300 percent profit 🐳💣🐋 and now it can pump from here or after brief correction to the downside we can see more gain 🚀 this coin has wonderful potential and fundamental sign for gain 📖 and soon we will have ATH new targets 🚀 Please, feel free to ask your...
The bearish trend has a high potential to continue after the latest rally. This will be the third time we came back to the .236 retracement from the top Continuing to follow the down trend both overall and the recent steeper decline Note: Each of the fib retracements measure from the high to each of the three stops along the way during the downtrend, they...
After observation on the daily TF, AU has broken counter trend positioning and looks to be beginning its next move bullish. I am anticipating here a push down between the .5 - 0.618 retracement area {with a possibility of a wick towards the 0.786} before turning around and heading towards our two targets near the -27% and - 0.618 levels. Just an idea let me know...
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Exited short position on MATIC at 2.12 having entered at 2.28 Because it touched the .618 fibonacci and bounced perfectly, this shows strength. It then broken out of the down trend, but failed to hold that. It fell back and broke out again which is where I exited shortly after. BTC dominance is still looking poor. I like the MATIC long entry at the .618 fib....
BTC is more than likely going to show us another move up ! Large one? Not probably. It seems Bitcoin is ready to start final up going leg to complete a 5 wave cycle. This 5 wave cycle maybe just wave C of an larger degree ABC form of flat correction which I published before. Related link is provided for those who are interested to check out. Strong support shown...
- Continuation buy trade following on from retracement. - Red level broken through with a minor pullback which could indicate a bullish move from previous resistance level
Fibonacci retracement reach 50% and touch the 38% put stop loss below .236% 52502.66 take profit at 1.618 59581.54 if you make money from this TA feel free to support, follow, share and like. DYOR not a financial advise. i am not a financial adviser. LET US MAKE SOME MONEY! weekly timeframe bullish. yesterday was a retracement now bulls are back. all the...
FIGS is going to bring us a considerable profit !. How much? lets follow the idea. FIGS reacted nicely to strong support (34.13 USD) formed by two different types of Fibonacci after an abc form of correction shown on the chart. A considerable up ward move started after the mentioned correction which seems to be the wave 1 of a new 5 leg up going wave. After that,...
Is TIGR going to start a new motive wave to make a new ATH? Of course possible. General trend of TIGR is UP . TIGR has completed waves 1,2, 3 and possibly just 4 of a large cycle Elliott wave and is starting a new up going wave to make a new ATH to complete wave 5 of this Elliott cycle. Price currently has retraced back 0.786 of its last rally from 4.3 to 38.5...
As you can see on the Weekly chart, Bitcoin Cash still has a lot of options in the long run and I definitely recommend adding to the HODL portfolio, as well as Litecoin, which has not yet reached its ATH. Bitcoin Cash is currently below the Fibonacci retracement of 0.382 and on the resistance wall, if we break through and confirm there will be a BULLISH movement...
LOGI is on the way to 0.618 Retracement level. Do we have a bullish movement there? Lets follow. 50% Retracement was not able to push the price up. Now, ABC form of correction has showed itself and we are more confident to go long in the case of bullish movement in support levels which are 0.618 and 0.786 Retracements at around 114 and 107...
I am using the Gann Fan fib to see possible support and resistance lines for Kin while we move forward to the end of this 2021 Bullrun. I have my own red line and blue line projections and I am leaning towards the blue line, to be honest. Please do not take this as investment advice as I am only sharing my belief and opinion on possible targets. If Kin lands a...