This is an update to my Coinbase Idea from July 26, linked below. I've mapped couple new levels but my overall plan hasn't changed, waiting for Earnings on August 9th. Coinbase flying today, only reason I can think of is the $200mil Nomad exploit. Price is hesitating to break above the Golden Pocket of fibs taken from July 20th. A lower timeframe will help in...
Pair: CADJPY Timeframe: 1H Analysis: Round number level, trend line, volume profile, support and resistance, fibonacci golden pocket Key Takeaway: Need to see a bounce from resistance and fib golden pocket ————— Level needed: Need to see price close by 104.580 ————— Trade: Short RISK:REWARD 1:11 SL: 28 TP: 317 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
We have no confirmation for a trend reversal in high timeframe! BUT, we do have 3 or more confluences at that miniGP level, which is more than enough to look for a long position, provided reversal indications with PA. dont blindly use high leverage, instead risk less than 5% on this trade. If looking for high leverage go to smaller timeframes and wait for levels...
First things first, I'm not the biggest fan of this centralised thing called XRP. I don't like the propagandists on YouTube spreading rubbish like "XRP TO 10K, 25K ,50K, 100K" ", The Great Reset " etc.. But feelings don't matter here, and as my mentor repeatedly says - "Emotions man, A Money Killer" Since it hit 10 cents during the March 20 sell-off, price...
STX/BTC is STX/BTC is currently trading in the golden pocket range on the weekly chart. The divergence script for many indicators indicates two clear bullish divergences. Chris Moody's script 'CM Williams VIX' which finds market bottoms, flashes obvious green. LazyBear's Squeeze Momentum Indicator indicates a momentum change due to the first colour change from...
BYBIT:CHZUSDT Has retraced to a Fib Golden pocket area after making a local high. Awesome Oscillator and RSI look to be printing Bullish divergence on the 30m. Wait for confirmation. Look for longs in this area WHEN YOU SEE A SIGN OF STRENGTH - (i.e. swing failure pattern or morning star candle pattern) Possible Double bottom at Orange circle area. If no sign...
The chart analysis is self-explanatory. Why you should follow me; - Clean Chart, - Clean Analysis - Daily price action update, - Good Minimum R:R 2:1 with stop-loss and target, - Educational purpose, - Money Management 1-3% Trade with good risk management because the market trend can change so fast. Analysis is based on recent data and valid if the...
Hey Traders, As you can see on the Daily Chart of Bitcoin (BTC). The price action has formed a falling wedge. The Elliot wave count shows that the breakout is imminent. The ema's are for decoration. We have hard resistance right now because not only is it a trend- line but there is also the orange basis ema of the daily Bollinger band in the same spot....
BTC Just had a stellar run over the past couple of weeks, so it's time for the fated retracement to shake out the weak hands and for smart money to accumulate larger portions sizes... Annnnd, I will be jumping aboard that boat. Here s my BTC trade that I am taking and riding up to the 52k Target where relatively equal highs reside and buyside liquidity rests. My...
GALA is getting getting rejected hard by the GP/Resistance. It's trying to change trend, but still ways to go until Downtrend Channel's Upper limit. Looks like it's retracing, how far isn't clear yet, I'm watching what GALA will do at 0.23446. Theory #1 GALA bounces off 0.23446, it can go parabolic again and break through the GP. Theory #2 GALA breaks below...
Thesis is pretty simple: Following a weak channel (token is brand new, but it's on Binance) Fibonacci Retracement taken from the genesis to ATH, gave me the target. TUSDT breaks below 0.18, I'm Shorting to the GP of 0.145 to 0.15, with a pit stop at 0.1655. Once GP is reached, I'll plan a Long entry, i.e. back up towards 0.1655 and previous Fibonacci...
On the daily timeframe we have this beautiful ascending triangle. As we all know ascending triangle is bullish pattern and it's very high probability to break to the upside. However we may go down to retest support line before we break to the upside. The target of this pattern is 55.3K which is in perfect confluence with the golden pocket. What do you think about...
- speed fan 0.666 supprt - fib retracement golden ratio - parallel channel - ascending triangle - CHART LOOKS FUCKING SEXY!
Update: Avalanche (AVAX) critical support confirmed as great support ... volume profile support ... FIB golden pocket ... support on OBV Will these 3 support-combination have been strong enough! 😎 Will AVAX break $100 again soon? What do you think? Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own...
We are in descending channel on 4 haurly btc chart. I just want to point out that we are at the strong resistance levels like daily resistance, point of control and golden pocket. On top of that we have this channel with multiple touch points on the downside and 2 touches on the upside. With that hidden bearish divergences and bearish candel close on the weekly i...
Flow just flipped the MA-Ribbon bullish... Next resistances are the FIB golden pocket and the FIB 0.786 including volume resistance. The RSI is near oversold on this 4h chart and a temporary consolidation likely. But first good signs overall for further recovery. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other...
Avalanche (AVAX) at critical support... ... volume profile support ... FIB golden pocket ... support on OBV Will these 3 support-combination be strong enough? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing