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Arcs, Circles And Spirals

Dont be fulled into thinking this a bitcoin bull run!The yellow graph represents shorts being liquidated. Exchanges are pumping as much as they have to in order to liquidate these shorts that would clean them out if left checked. They know a dump is coming soon so they have to push price up before of that drop can happen. This is not organic growth as we have broke though major resistance like a knife through butter. With Binance suspending withdrawals and FOMO increasing profits for these exchanges manipulating price it is a win win for them. There a bubble expanding and its on the verge of popping! shorts are dropping but they are still stacked, so while there is room to more further to the upside.. I suggest you all grab a parachute because when start to drop it will be a free fall!
BITSTAMP:BTCUSDShort
by snookerer
32
GBPAUD - playing with Fib arcsAnd only with micros for this time, just for educational purpose :) I didn't set order yet, will see how it will open on Monday. On small scale, pair was rejected at 0.382 and is heading south. It broke 0.236 arc level, which could be good entry point. SL at 80 pips away should give it enough room to breath, if it won't just flush. Profit taking should be at next arc, but I will for sure take some off the table at T1, which is previous support, 1.272 extension of last drop from high and 0.382 level of the whole rise. Next profit taking is yet to be defined. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Short
by rludvik
NBEV Short play, 6.95 to 5.7 area. Fibs, sup/res, even circlesI might lose a few people on this, but I'm running an experiment to show that there is definitely something weirdly accurate specifically about the "timing of swings/big moves" when using Fib Circles if you use them correctly. Area's of interest I color-coded in TEAL or PINK. You can see this circle was simply drawn from a major low to a major high on a high timeframe. Right as we reach the .382 retracement level on the Fib retracement tool, we're also overbought and hitting a Fib circle level. This is experimental, (I get backlash whenever I suggest there can be ANYTHING to be learned from uncommon fib tools), but I'm demonstrating how Fib Circles can be used. If I'm right there should be a big move up or down (10% or more, I'm betting down) within 1-2 candles max of crossing the current Fib circle level. Let's see what happens.
NShort
by teckno05
ABSOLUTELY SCRUMPTIOUS Bitcoin Price and Time Analysis Hey guys! Happy mid-December and welcome to the start of another exciting week in crypto. I hope these times of wonderful volatility have been good to you all. I promised you guys a Bitcoin analysis a few days ago over on my highly successful ETH chart that I'll link below, but I didn't get round to it because I didn't really have anything to say which hadn't already been said by some of the other great analysts here on TV. Now we've seen a nice move upwards, I think I got something a little different for you guys. If I can stop you getting distracted by the pretty colours for a moment, I have a quick explanation of why I'm analysing the chart in this way. Many people overlook that time plays as much into technical analysis as does the price. Look at any price chart and it's got 2 axis, not just price. The reason I'm telling you this is that the top of this bull flag is a major trendline from the past month. Of course time relates to this, otherwise it could have hit that level in the past and not been resistance, as those lines wouldn't have lined up! Follow that dotted line with your finger... Yes, you see, it hits it exactly and makes a triangle shape plotted by price and time. Because many people are looking at this trendline over a decent amount of time, I think we can take this one step further and factor in the time taken with our fibonacci lines. Now, I love fibonacci and I noticed that this bull flag we've currently formed has a very curious shape, and how it's noticeably different for the different exchanges. But I noticed something very interesting on this bitfinex chart when you connect the lines to the top of this bull flag using the circle fibonacci tool. What do you notice? Firstly, this chart looks absolutely beautiful and I want to eat it like a whole load of flavours of Christmas-y ice cream that have come to party over at Bitcoin's house. But secondly, the circles overlap with a lot of the key levels that many traders are currently talking about, and it might give us some insight to the timeframe if/when we reach them. I've highlighted these levels in yellow on the chart. One could imagine an Elliot wave type structure forming through these points at key levels that many traders are waiting for. This isn't to show that it must hit these exact levels, but just an idea to show a possibility of WHEN they might be hit. I didn't think I'd need to explain the levels simply because it seems like everyone is eyeing them for bitcoin at the moment and you need to give the time piece of the chart some love as well <3 Let's see where this gets us! I'll be studying this type of analysis in the future so stay tuned by following my page because I have much more to come. If you saw my ETH analysis you'll know that it's been going really well for these more radical kinds of analysis which nobody else is touching. So you should follow me on Tradingview and hit like if you want to see more. I'll be updating this chart often with some new input and to see how this develops because I think this is a very interesting and underused method. Enjoy the holidays! -Etch ETH trade: XLM trade:
BITFINEX:BTCUSD
by Etch1234
3
Dow - Window Dressing Set up?On the left chart (daily time frame), market profile was fixed on Dow Jones futures range between February low to October high. Trader please look at the point of control, identify as red line in the chart which indicate the most volume traded price level within the range. Coincidentally, market rebound 3 times from POC. The recent fall from 8 November high have reach POC 24300 level on last Friday. And price is developing positive structure. As time have near to year end window dressing seasonal pattern, the chances of positive price structure will likely to continue. Thus, trader please be cautious on selling and the right chart showing the current swing projection if price continue rally from 24246: If price above 24524, next target at 24696. If price above 24696, next target at 24973. If price above 24973, next target at 24521. If price above 24521, next target at 26147 (previous high) Price will temporary retraced from reaching any one of the targets above. Trader please treat each target as resistance zone instead of an exact science.
CBOT_MINI:YM1!Long
by Johnkiew
China A50 - Price again found low at 5 Months supportAs market near to end of the year, "window dressing" seasonal behavior have high chance to occur. Major markets have traded approach the previous low and indicate temporary support. A50 has again trading near to 5 months support as show in the left chart. And higher high higher low set up on the lower time frame. Trader may look for long opportunity with the price target as following: The up swing projection as followed: If price trade above 10947, target 11011 (first target) If price trade above 11011, target 11114 (second target) If price trade above 11114, target 11280 (third target) If price trade above 11280, target 11549 (fourth target, major resistance) Price may correction after reaching any of the above target.
SGX:CN1!Long
by Johnkiew
China A50, Hitting 5 Months Resistance.China A 50 have not move out from the 800 points range since July. Recent rally again found toppish on resistance zone priced between 11500 to 12000. Yesterday selling again has formed lower low structure. Trader please stay at the sell side if price moving lower high lower low. The down swing projection as followed: If price trade above 11420, target 11195. If price trade above 11195, target 10832 (major supoort) Price may correction after reaching any of the above target.
SGX:CN1!Short
by Johnkiew
BTCUSD How missing instruments can help you solve the puzzle. Greetings fellow traders, this graph looks more like contemporary art, but it has meaning and hopefully some new information for you, so bear with me =). I've been doing charts for myself for quite a few years, but haven't published anything. I've noticed that not all instruments on TV are available (which should be). For example, Fibonacci spiral is awesome tool that shows points of pressure or support for the price. The problem is only right handed spirals are available on TV. They can show downward pressure points and nothing else. Left handed spirals are not available. I've used transparencies to draw a mirrored spiral, and added points of support for left handed spirals - its vertical lines put throughout year 2018. As you can see, nearly all lines correspond to green weekly candles. This is my first idea published, hope that you find it useful and give it a like, and maybe tradingview someday will even add this instrument.
BITSTAMP:BTCUSD
by airatru
2
Bitcoin BTC possible scenarios - Fib Circles updatedPreface: I know some may not understand where do those circles come from... But if you look at my previous works they tend be accurate - keep reading. This is still a theory in the making 'tho. I'll start with "classical" theory first, then I'll be talking about my own method. If you like this analysis make sure to "like" - it helps :) "Classic view": i) 6350 support has been broken. If 6150-6200$ does not hold, then 6000$ should be a very strong support. (my other theory is that is can touch 5850 if it reaches 6000$). ii) MACD is diverging like crazy towards the bottom. That is never a good sign iii) 2.27% ) RSI is in BEAR territory with resistance levels at 36-40. Above this level we might see a stabilisation of the price. iv) StochRSI is oversold. BUT, coupled with MACD + RSI bear signs, this is not a good sign. v) ALL Moving Average lines are going dowwards with the continuous rejection of the MA200(3h) line at 6400$. So yeah, all signs point to "down" ... But how far down? When "moon" ? Well, read on for my 2nd theory. Basically, the theory is like this - We have 3 circles: 1) RED ONE that attracts the price upwards and has been rejected continuously in the past month as you can see on the bubble charts. RED Circles are resistance if the price is moving upwards and support if the price is going down. 2) YELLOW ONE is the one that might move sideways and is short term. Yellow is here to better see the movements between the two major circles. It could also predict when a major move might happen, because of it's horizontal position that gives something like a "time resistance" on the X axis. 3) BLUE ONE is the one the pulls the price down at the moment - but also offers STRONG support at 5850-6000 area together with the RED one. BLUE again gives support/resistance levels - but on different time frames than the RED circle. Why I like this theory is because it allows me to see A LOT of possibilities AT ONCE and help me make a choice for that is suitable for me in the time frame that I'm trading. The Green area is what I like to call "uncertainty area". Depending on the exit zone of the asset, new possibilities arise - hence the Purple drawn sticks. For example at the moment of this publication I'm expecting a 6150$/6000$/5850$ touchdown. So I'm going to have orders at those levels (of course, the bulk of the orders being at 5850$ for maximum profit and lowest risk). Afterwards, I shall wait and see if the support lines hold. If not - 5500$ is the worst possibility in the nearby future. BUT it has *a lot* of support until then. So I'm taking my chances. And that's about it for today. If you like this analysis make sure to "like" - it helps :)
COINBASE:BTCUSDShort
by reynar
3
Oil - Room for UpsideThere are several projection for current oil swing. On the left daily chart, two projections: First projection start from 2016 when price hit bottom 26.05 seen projection at 51.17 (reached at Jun 2016), 66.69 (reached at Jan 2018) & the next target at 91.81 . This is long term projection as in daily chart stated as "Next Target 1" Second projection start from 2017 Jun 42.05, price immediately move towards impulsive swing and reached 64.37. Oil hovering above this price level for almost 7 months and rally continue in recent weeks. From this projection, the next target at 78.17 "Next Target 2". This could be achievable in the short term.
NYMEX:CL1!Long
by Johnkiew