ABT's impressive Bull Run may be done for now. Good news for bulls: this Golden fib was PIECED. Exact turns (Pings), are more likely to end waves. If it continues to run, then we can observe fibs above. Drag DOWN on the PRICE scale to see the higher fibs. I like to sell some coins at each fib, more at the Goldens. ==========================================
BTC is currently hovering within a very important zone. Zone is defined by confluence of Genesis and Covid fibs. These high timeframe fibs have caught all major turns. The zone of relevance is $ 42,200 to 42,789 (on coinbase). This may be a turning point into retrace before continuation. Bulls' best strategy will be to hold this zone thru the weekend. Strong...
SBUX is sitting on a key support going into Earnings. Confluence of two high timeframe fibs that are proven. What happens at this zone could start a trending wave. =========================================
All levels are from a single fib series explained below $4.62 is at a "semi-major" ratio (Goldens are majors). Many exact reactions to these fibs confirm relevance. Beak of this fib would signal end of correction. Rejection here could lead to new local lows. So what happens here will be very telling. Here is a full view of RUNE's Genesis Sequence: See "Related...
DOT heads up at $ 6.86, a possible turning point. Rejection here could send this coin to new lows. Or a break and retest could be a good long entry. All of the levels on this chart are a single fib series. The fib series being DOT's "Genesis" (at birth) fib. See "Related Ideas" below for info on my methods.
Also known as phi, the Golden Ratio can be derived by determining the proportion at which dividing the whole equals the proportion between the smaller and larger segment that together make up the whole. Algebraically, this can be describes as: x + y = 1 |x| = y / x x (and y) must be positive since they make up a whole. Isolate the variable: y = 1 - x y =...
Since ancient times we have seen the golden as the most satisfying geometric ratio, it can be used to analyze the proportions of natural objects but also artificial systems such as Bitcoin. I believe in the golden to be the most influential level in markets. Last cycle, i published the fractal Bitcoin followed during the first 2 pre-halving cycle’s and except...
So far, our current golden cycle is most similar to the '15-'17 one. We started off with a crash, but it recovered fast, a re-accumulation period followed and now we are heading into the golden rejection. If we do reject, i expect us to S/R flip the re-accumulation range. Like each past golden cycle, a re-accumulation phase follows into the halving before the bull...
On 4H TF SEI is coming back to 0.197 this level is good chance to join the bullish race with SEI Golden Ratio and Low Volume when price down Time will tell
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.
Weekly Chart BINANCE:HBARUSDT has a breakout the descending trend line on weekly chart. That's a good signal for bullish Daily Chart HBAR is pulling back to the support around 0.56 That level for joining the next bullish Wait for next move
Chart 4H TF Look at the picture, you will see Ripple BINANCE:XRPUSDT downed to the support 0.618 FibRe and now it's retesting the resistance at 0.68 but need break and close above descending trend line. If this breakout is succeed, XRP will pullback to FVG around 0.625 that point to join Wait a next move to decide
Daily Chart Gold OANDA:XAUUSD is on the support zone around 1940 that a strong support by ascending trend line and 0.618 Fib Re I expect Gold will break 1980 and return to 2000 Wait a next move
UK100 is trading in long term bearish trend. Currently the price is retracing a bit but just about to face a long term declining trendline from Fib golden ratio. Will these confluences push the price to lower side again?
The ETH/LTC pair is currently showing us Hidden Bearish Divergence at the 1.618 Fibonacci Extension after previously breaking below the trendline, and the next likely level is all the way down at 1.67 as there are no other major support levels to hold once it really starts to break down.
BTC is going down for correction to the 0.618 Fibonacci ratio and will continue going up after that #fibomic #Bitcoin
XAUUSD is now likely to drop to the Unfilled Order area on 0.618 - 0.716 Fibonacci Retracement level before going up to the yellow line #fibomic #XAUUSD
CRUDE OIL HOURLY CHART IDEA: Higher to complete wave 5. Invalidation for this idea is set at 79.37 where wave 4 ends. Expecting price movement toward 38.2% and 61.8% area using Elliott Wave wave 5 projection guideline and channeling technique.