The head and shoulders on the $APE Coin chart have played out exactly the way I expected and I am currently in a short position accumulating more and more $APE. I believe that we will see a move back to the .618 Fib level before can make a potential move upwards; however due to the very recent release and massive hype since its listing on major exchanges; if...
$VRA is currently making a cup and handle formation which is usually a bullish indication of price movement to the upward side. It has bounced from the 0.618 fib level as most charts do before they bullish momentum to the upward side. Targets for this long setup are the green fib levels.
We are currently 9.46% in profits from our short position entry from the head and shoulder formation on the 1hr chart for $APE. We have traced back to the 0.5 Fib level multiple times and $APE has been holding above this resistance band quite well. Though this head and shoulders formation is playing out, I do believe that we may drop down to the previous 0.618...
Head and shoulders pattern has formed on the four 4hr charts which indicates a price movement towards the downside, Du to the price common price volatility of a new coin $APE could go up even higher or drop back down to its lower %7 - %$ 9 in the future. I have since closed my position on the previous even before it hit the first take profit target. Entry:...
Will ETH break through the Fibonacci levels or will it bounce from its current level? Let's see what happens.
The head and shoulder formation played out just as I expected. Congrats to those who entered this short while many others longed. $ETH has gone down around 4% confirming the head and shoulder pattern I managed to catch before the quick dump. With the market still looking bullish, we could potentially see the price action move down a little more, even bouncing...
I stumbled upon a recurring pattern on the XRP daily chart. It seems like every time $XRP has retraced back to the 0.5 Fib level before it bounces off it. Now as XRP could be breaking out of the descending triangle or you could call it a massive bull flag, we could potentially finally see XRP Move back up to newer highs in the upcoming months.
A sand break out retest is iminent as sand has broken out of its descending triangle and it could possibly retest and potentially move up to $8 I have set the target take profit areas as the next fibnoacci retracement levels in green, so if and when you open a long position on this coin, use those green lines as take profit with a stop loss right below it previous lows!
Congrats to those who did enter Solana as it nearly retraced exactly to the 0.5 fib level. This breakout has the potential to go move back up to the $250 zones. With the 20 EMA close to crossing over the 50 EMA and 200 EMA, Solana can potentially range between $500 to $1000 In the next upcoming months or year. Those who entered around the 0.5 level, maybe...
Head and shoulder formation is forming on the 15m time frame on eth. Entry: 3300 - 3400 Targes: 3370 - 3360 - 3350 -3340 - 3320 -3310 -3300 - 3280 - 3240 SL: 3500
This is just really a hunch but I believe a 1 month accumulation period for Ronin Network will occur after this 30% move to the downward side, and once this period has concluded my thesis is that volume will start to come into this coin smashing it right through $2.5 Entry: 1.6 - 1.7 Target: 2.0 - 2.25 - 2.5- 2.75 - 3.0+ SL: 1.44
For those who have entered this $XMR trade, congrats! I have now added 7 TP Points labeled next to the Fibonacci levels. Of course, you book some profits now if you'd like and do expect a little price movement to retest previous levels. I suggest that you do move your SL tighter to the entry or even in front of the entry zone. The 20 EMA has crossed over the 50...
Hi guys I was looking at the weekly chart for bitcoin and I noticed something on the rsi. A huge hidden bearish divergence can be seen from last year's top to this year's top. I am still very bullish on bitcoin and do hope that this does not affect the price action of bitcoin in the following weeks to months even though we have had a massive break out to the 40k...
This NFT token/coin went from less than $7 to $17 in a mere several hours after its listing on major exchanges. $APE has retraced back down to the 0.236 level and may even retrace lower due to the volatility and usual price action of such coins. A cup and handle formation is forming or; past tensed; formed and cup and handle formations usually indicate price...
Just like my previous BTC analysis chart that I have linked below, this wave pattern has been proving to be quite accurate in terms of BTC price movement. I believe that BTC must break the 0.5fib channel and the 0.382 fib retracement level for it to move forward to the upward side. When and if BTC remains and or breaks through the 0.236 fib level we can expect it...
The last time I charted Solana it was at 77 but since then it has broken the downward wedge trend and has gone up 45%. Take some profit along the way if you are currently in this trade and use a 10% trailing stop loss!
0.5 retracements and below are entries. TPs when it hits the green fib lines.
Entry around the 0.5 and 0.618 levels. Take profit at the purple fib levels.