FiboTech

FiboTech Updated 

Hello my dear friends According to the shadow of the candles, higher ranges have been consumed. On the condition of maintaining the range of the specified flag limit ($0.00258), we can expect the formation of an increasing trend up to the specified range. We would be happy to hear your comments.

FiboTech Updated 

Formed patterns define a kind of perspective for us. Keep in mind that as long as the price range of $1592.81 is maintained, we will not have the mindset to form a corrective trend, so the upward trend can continue up to the white range ($2191.67). But if the current trend is lower than the price range ($1592.81), there is a possibility of forming a corrective...

FiboTech Updated 

We have no signal to change the trend and form a downward trend! It seems that the possibility of continuing the upward trend similar to the drawn scenario is not out of mind! Keep in mind that the condition for the continuation of the upward trend is to maintain the price range of $0.3189!!! If the upward trend continues to the white range ($0.402), the...

FiboTech Updated 

Hello my dear friends I hope we will have a profitable week together (: Considering the specified ranges and the ascending wedge pattern at the end of the upward trend and the negative divergence of RSI, it seems that the possibility of correction to the blue range of $0.2657 is not out of mind. Please keep in mind that if you want to trade with this analysis,...

FiboTech Updated 

Hello my dear friends I'm not very familiar with harmonic patterns, but according to price action, the price should enter a very quick correction. It must be released from this state of compression. If we want to look at the chart from a different point of view, it seems that if the price range of $1,655.52 is completely consumed and the first target of the...

FiboTech Updated 

Hello, I hope we have a profitable week It should be noted that a higher ceiling has not yet been formed for us. But the divergence of RSA in different time frames cannot be ignored! Even if we don't consider the pattern in the daily time frame as a bearish wedge (because it has taken a long time in terms of waves) The downward trend line has been broken...

FiboTech Updated 

Hello my dear friends According to the negative divergence of RSA, if the price range of $0.573 is completely consumed, then the probability of reaction to the yellow area ($0.697) is high. From the yellow area, we expect the formation of a corrective trend up to the range of $0.515 and $0.418. We would be happy to hear your comments.

FiboTech Updated 

Hello my dear friends I hope we have a profitable week ahead (: If the price moves out of the triangle pattern and can be above the blue range ($3.836), we can have a head and shoulder pattern at the end of the downtrend. The yellow area ($4,812) is an important area, the possibility of a reaction to this area is not out of mind. But if it crosses this range,...

FiboTech Updated 

Hello again Currently, we are at the bottom of the long-term ascending channel, the channel has not broken down, the ranges have been maintained in the corrective trends. As long as the price range of $0.2919 is maintained, there is a possibility of completing the head and shoulder pattern at the end of the downward trend. Don't forget that in order to form...

FiboTech Updated 

If we look at the chart very simply, due to the break of the triangle pattern, the possibility of an upward trend up to the specified range is not out of mind. On the other hand, the range that is specified as a target is an important range and in this area, the probability of price reaction and trend change is high. We would be happy to hear your comments

FiboTech Updated 

The price has moved out of the triangle pattern, provided that the price range of $7.34 is maintained, there is a high possibility of forming an upward trend up to the specified range.

FiboTech

Hello, I hope we have a good trading week. In the weekly time frame, we took a different look at Bitcoin... Isn't it interesting!?!? In terms of price action, we should return to the $63,000 price range once again, do you think we will have this return before seeing the $16,000 price range!?!? Two patterns are formed together. We have a risk to reward of 1 to 7,...

FiboTech Updated 

Hello my dear friends In the higher time frames, I don't have the mindset to change the trend to an upward trend! We must not forget that the price range of $183 has been used!!!! But in the four-hour time frame, provided that the range of $225.53 is maintained, there is a high probability of completing a continuation triangle pattern. The target of this pattern...

FiboTech

Hello my dear friends The triangle pattern is very cleanly formed in the higher time frames. If the current trend is below the price range of $0.0592, the possibility of forming a downward trend similar to the drawn scenario is not out of mind. But if the current trend is above the price range of $0.07893, there is a possibility of forming an upward trend similar...

FiboTech Updated 

Hi(: Have a profitable day Do you think there will be an uptrend or a downtrend!?!? We must not forget that we have an event in Toronto on July 6, but on the other hand, the Ingulf area should not be ignored! In such a situation, the best thing to do is to wait. If the price movement is higher than the price range of $7, there is a possibility that the price...

FiboTech Updated 

Hi dear friends In your opinion, the possibility of forming a head and shoulder pattern is not reversed!?! On the daily time frame, it has reached an important range, we have a positive divergence of the RSI, the bulls have consumed the ranges nicely in the uptrend. The possibility of a reaction in the yellow range of $0.01592 is very high. By observing the...

FiboTech Updated 

Hello my dear friends At the end of the descending channel, a tight movement is formed in the daily time frame! The possibility of the price exiting from compression is both upward and downward. But whichever way it exits, it will definitely be a very fast move (: For me, it would be better to wait and enter the trade if the trend moves above $0.0616. ----> At...

FiboTech Updated 

Hello my dear friends In the time frame of 30 minutes, a compact movement has been formed. The Ichi Moko indicator has a negative lag! The price trend has reached an important range and it seems that with this momentum, breaking the downward channel from here is not very possible. If the price moves below the $1.65 range, it is likely to react by reaching the...