Here we see our Rose 3 day chart .You can see that dark blue 200 MA line above us near .1472 and I think that's definitely a target we'll be going towards soon . But if we follow FET and break over that dark blue 200 MA then what are the targets above there ? Because we're going to look for the possible top of this run . Well, for that we have to look at our fib...
Possible rejection on 4100 and 4000 level of significat area and trendline and exponential average rejected , daily structure point. confluence in golden fib ratio. High probability sell continuation. thanks.
Here we see our VRA 3 day chart which had a great couple of days pumping well past my previous target of 48 sats !! Of course it's cooling off a bit now sitting at 32 sats . That's expected after a large pump, there will always be a retrace and cooling off before more continuation . But what is our mid-term target here for VRA ? Where can it hit in the next couple...
Bearish Target $1600 golden retrace on the monthly if the bearish divergence on the daily stacks into monthly divergence also would be strong momentum back to downside. The entire run up we created little to no support. Sentiment most bullish of time. People think BTC only goes up. 3700 bottom in March 2020 was never remotely tested
As always we must wait for confirmation of this pattern before attempting to trade it. There is compelling bearish confluence here with the breakdown target from this pattern lining up perfectly with the .618 golden fib retracement. Not only this, but this zone is also just below where the extremely strong support from the weekly 21 ema (not shown here) is...
Golden Fib Indicator shows Open Long signal
Golden Fib Indicator shows Stop Loss signal.
Golden Fib Indicator shows Close Long signal
Risk/Reward ratio can be adjusted.
Trailing Stop can be enabled.
The 2 main gaps below (8.5k and 7.7k) have now been filled and in doing so on the weekend, we've now created a rather large gap above current price action that will eventually be getting filled as well. The question is whether or not there will be any further downside before that. We can see we are still well under a very a very precarious head and shouylders...
Hello,
These are my 10 Reasons why I think BTC is Bottomed out !
I am a huge bear when it comes to Bitcoin and I believe I am not alone anymore, the possibility of Bitcoin going lower has actually kind of became mainstream.
The problem is that people always look at what happened in the past to predict the future, as this crypto space got bigger alot of...
Two short trades found back to back with the Golden Fib Ration Strategy Indicator
Entry shown
Take Profit shown
SL shown
If you have any questions PM me and I will be glad to help.
