UNISWAP:RFOXWETH_421429.USD is my main pick for spatial computing narrative. RFOX is a lowcap crypto token with 17M market cap. RFOX max supply is 2B with 65% of it is in circulation according to CMC. Their mission is to empower everyone to play, create and earn in a metaverse without borders. They aim to be the global leader in immersive technology focused on...
Rising wedge has failed it's support. Correction to the downside seems like the most probably outcome. I EXPECT LOWER PRICES IN THE SHORT-TERM! LONG-TERM STILL BULLISH! Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit...
After dogecoin broke out of it's major trendline. It has now found support above a daily level, and golden pocket. It has also retested the trendline for a 3rd confluence. These are great signs to support a bullish continuation to the upside. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new...
This chart is a creative venture. I did something a little different. I pulled a volume profile for the entire uniswap history of VAL token. I then pulled a FIB range on that revealed VAH and VAL area (value area high, low). It is creative in the sense that I want to see if the total buying and selling data from the volume profile will be respected in the future...
as i was helping someone better understand some of these terms, like golden pocket... actually ill skip it. okay the SPY, everyone's favorite!... (to play 0dtes on) jk, i do it too sometimes. This is a great example of a "high probability set up" . when you have multiple indicators pointing to the same thing. we have not 1 not 2 not 3 but 4! indicators all...
Be aware, ETHUSD is currently at the golden ratio We are not blind How Do I Use the Golden Pocket for Trading? As stated, the golden pocket follows a price reversal. Using the golden pocket increases the likelihood of a good entry point. To use the golden pocket for an asset, information on previous price moves from the charts is the most essential tool.
Algo looks bullish. Looking at the chart we can see a few ways how the algo price action might play out. If this breaks out to he upside, I mapped out where I think price will go and where to exit or take profit. (Golden Pocket (Orange Line)) Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new...
We are at an interesting zone when it comes to AAPL. It's holding strong above the most relevant pivot low as you'll see in the chart. There is a chance that it can go up fro here so if you would like to long, I would place a stoploss elow the recent wick low. I would also manage my position size so the its a 1% risk on the trade it your stop was to hit. In the...
NVDA had a huge sell off over the past few weeks and looks like the bulls are ready to take over for a 3% pump to the next resistance. If we manage to blast though the Golden Pocket 3% away, my next target will be 11% away at the next Golden Pocket. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide...
When taking a look at the legendary TRX, we can see that it is showing signs of weakness after failing to trade above the recent high 3 times in a rom. If price continues down, I would expect a 8% drop to the golden pocket which lines up with the horizontal support . Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it,...
When taking a look at Decentraland "MANA", it is currently holding a key support level and when price is at support, the most probably outcome is for price action to become bullish and try to go for the next big resistance zone arounf $0.38 then $0.45. if the momentum continues, 100% gain from these levels are probable. This means price needs to reach $0.60 Let...
AMD is currently trading right above the golden pocket and trendline. This confluence is very bullish in my opinion after a massive selloff, in the past few days. A long here wouldn't be a bad idea IMO but make sure to use proper risk management. #ManageYourRisk Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it,...
We dropped down to a swing failure pattern May 12th. (a long wick down). We then sprang back up on the 15th to create a small range for the month of May. The low and high of that range used to pull the fib and find a golden pocket at 1.15 trillion . We have left that range long ago but since rejected from it twice. I wonder if we will retrace to the POC below and...
AVAX has retraced to the golden pocket Fibonacci zone and has held the level long enough to break through the downtrend. This in my opinion is bullish and if Bitcoin stays neutral or becomes bullish, AVAX should have a strong move up from this level. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs...
Have another setup here, theres a couple of entry points here, one is here on the button of the golden pocket... there is also a chance that we could see a wick down into the bright green area on h1 chart as this is a value area. So scaled positions could work great here. Targets are up at the m15 sell area in confluence with h1 fibb targets. will update in the comments.
There's not much room/time left for AAVE to consolidate. AAVE has been making lower highs but holding support at the lows as well. After the next potential selloff to the golden pocket or the range lows, I would expect AAVE to make a very big move once the downtrend line is broken decidedly and the price consolidates above. BULLISH ONCE TRENDLINE BREAKS! Every...
Total Market full chart 100% zoomed out Fib from low to high = Golden Pocket 618 at 1.15 Trillion. Guess where we just rejected from? hmmm....
History repeats itself. If the Total (Cryptocap) goes down from 1.15Trillion into the lower range, then i see this scenario being possible. Make sure to watch the total market for "confirmation". Don't just fomo in. The volume profile reveals where the most buying and selling has occurred, the VAH (value area high), the VAL (value area low) and the white line...