Watch this and you will understand what this thing is about! A live 786 - 886 measured from 0 trade!
If you place a fib from the bottom of the prior run to the top of the next, the lowest price BTC retraces to in the next run is between the 786 and 886 twice. This is true of all previous runs. BTC hasn't reached the price between the current 786 and 886 yet twice, so I think a retracement to the 12k-15k range may be possible before a bigger run to the upside.
First outlook on previous analysis turned out to be wrong, but the overall idea is very much valid: BTC is now hanging around supply area/886 retracement level and losing momentum, RSI showing heavy divergence. I wouldnt't expect prices to go balistic in 2023 with recession coming and goverments doing all kinds of crazy stuff. This could very well be the top of...
Interesting i article I found on the web on retracements. Different pattern but the idea is the same context. "short XA retracement particular, I realized that the B point within a Gartley-type structure that was less than a 0.618 would almost always exceed the expected 0.786 retracement of the XA leg at the projected completion point. I showed Jim this new...
DraftKings finds itself at the all time .886 retracement at the moment. The daily RSI keeps showing some kind of bullish divergence. One could accumulate some positions in DraftKings here for the long term play. Set your 2030 Me up for some nice gains ;)
Crazy weekly chart Double bottom on .886 Closed above previous local high TP1 - 0.0157 TP2 - 0.0351 Easy 70% in current market conditions
AR/USDT - Very Bullish! Poised for a massive mark up! Bullish Cypher Harmonic made 786 retracement (outperformed BTC on way down) inverse head and oblong shoulders at the PCZ! locally 3 rising valleys, long term supply line breakout from top with backtest bump and run! 69% upside! absolutely amazing looking!
Zoom Video is at the all time .886 retracement. One could buy this here for his longterm depot and just let it sit and grow. Stay safe !
Draftkings is currently at the all time .886 retrace and forming a double bottom. Indicators in the 3d chart also look very bullish imho Stay safe in this crazy times !
Massive impulse candle on bitcoin today above major point of inflection. Above 42.000 we are in a very good shape.
Polkadot just made a full 886 retrace with a Type 2 return, double bottom right at the 886 now just look what happened after last full retrace One could easily setup a trade here and stop out below the double bottom sind you don't wanna have anything to do with DOT below that major accumulation structure. Take your profits wisely according to those fiblevels....
Paypal went through a massive correction. This is a level, where one could think about investing into Paypal for the longer term. The long term uptrend is still fine. Good luck on your trading, stay safe!
I really like AMC here. Came back beautifully to the 88 retrace of a major harmonic structure. RSI looks like its ready to go, too Easy risk management possible
Looking for a leg down to complete a 4th wave in Nasdaq & S&P . The recent strength can be counted as a B wave with C expected down. A very long trend line and recent touches on it could amount to a bit of a snap if it breaks. C waves are often an impulse as well, so it could be a quick decline... But it is a bull market so expect surprises to the upside as...
We've seen some rapid bullish movement on this pair over the past few weeks, almost 10 weeks straight up. This pair is well overdue a major correction and I really like this area to take a short. We're just about on the 886 reversal on what is a HTF bearish chart. Until price action breaks those previous highs this is still bearish in my eyes and this area gives...