Hi, we saw a great bull🐮 rally after the price was able to broke an important resistance line. what will happen next?
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰
I tried to use some Fib tools for finding the next movement and resistance and support zones on this post. I think that Bitcoin dump again. maybe you are asking why ?! I can see some Signs of...
There are some hidden layers if you make a copy of the chart but "3" appears to be a 1.618 extension of 1, which is common. maybe 5 will be somewhere near the movement of 1.
Oil Futures for Oct 15 & 16th 2018.
Following the cup&handle on the 15min and hourly charts, we have a confirmed breakout upon the gapup in foreign markets Sunday night.
US market opening price should find support at the top of the cup around 72, and complete its run to the PT of 73.30.
This lines up with the downtrend started on Oct 3rd (light blue), as well as...
Publishing "notes to self" on a what-if? scenario to test a combination of pitchfork & Fib SR Fan (removed for visual clarity) to determine Elliott impulse wave 5 -- callouts are not recommendations but notes to see how the model performs into early December...
Why NXS? Cause Nexus is an interesting project that gets no love.
This bat already tested the PRZ and should be ready for position once the signal is active. This is part of another round of AUD shorting, see related idea.
Good luck.
Last three cycles have been quite regular with 30 days periods from top to top and bottom to bottom. Everytime it has shown deeper lows and highs, and this time we didn't even retrace to the 0,5 angle. With yesterday's top we should have a couple of weeks more of downtrend and we will go through the 0,382 angle and maybe down to the 0,25.
Thanks for your comments...
Even though this bat was not fully tested at the PRZ (no 0,887) it is at an important fib level and showing signs of reversal. I will wait to add on this short and will update.
Cheers.
This pattern is now complete and the bounce at the angle reinforces this idea. You may want to wait for a signal before entering this trade. RSI may be of help on these ones.
Good luck
We just reached 0,5 angle again where last peak resisted and we have the RSI divergence. There are enough reasons for me to place a short with nice R/R.
This is the same fan used on last idea published on this pair.
Thanks for your likes and comments.
This pair has shown signs of accumulation in this area and support on the 0,382 angle of the fan. We also broke the wedge and DXY confirms the strength of the bulls here.
This fib speed resistance fan shows the angles 0,25 and 0,5 are significant as resistances and we just hit the former with an immediate rejection of the uptrend. This idea follows the fact that DXY is starting to reverse and we can see the same pattern on the AUDUSD that was published before.
First target on the 0,382 angle.
Thanks for your comments.
