This is a follow up to my $90 entry call (click). After a considerable retrace we have a bounce. The bounce is at a significant and key resistance. What happens here could determine the next trend. Immediate resistance zone is $103.14 to $103.82 Break above should run to golden fib at $117.36 Rejection could drop to golden below at...
Bitcoin has retraced the trend down from the January 11 pivot high. The retracement is 0.5 Fib level. The zero-lag MACD and dual TF RSI both show bullish momentum. I believe BTCUSD may consolidate here and then at least by the Luxalgo Echo indicator bullish continuation will restart. I see a good entry at 43800 with a stop loss below the 0.5 Fib level at...
The ADX is 12 and obviously Bottoming Out. The MACD is hovering below the signal line waiting to Make a Move. We Broke out ran 300% to have a health pullback and run 100% again This is a low marketcap token with a lot of potential and even has a 3x margin available on kucoin. Don't miss this banger! 📈 *Name*: Sperax 🔖 *Symbol*: SPA 💲 *Price*:...
Keeping an eye on this Ascending Triangle on the 4Hr. A breakout could bring a 30 Point gap up.
Forecast should the price breakout. Top of the range back to the CC using Trend Based Fib Extension gives a target of 25,700 and daily.
USD/ZAR pair has been moving bullish over the last few weeks. Looking at the daily time frame. It is now consolidating in a bull flag right in the middle of the channel at resistance after retracing to the 0.618 fib level. With a good breakout of the bull flag resistance should be broken and become support. I am looking to enter upon the break out and close above...
Hi,,, Today I will show you the anatomy of BTCUSDT using Dow theory chart patterns with RSI & Gann method and at the last I will put my opinion , First using Dow theory BTC trends are: 1- Primary bull trend 2- Secondary bearish trend 3- Minor bull trend if we want to be in a secondary bull market we should close above 46K or we will stay at secondary bearish...
#Coti TP on Fib Extension TRBO 1H TF entry at .2918 sl .25 exit .29388 (planned tp .303) conflunces: 1. ccc 2. macd bullish cross on 30m tf 3.fib retracement 4.able to know tp area thru fib extension 5. volume
We have a Double Bottom formed on the 1-hour chart for GBP/USD. List of Confluences that need to be present for a high probability setup 1) We look at the bottom peaks of the double bottom pattern and ideally would like to see the second peak reach just a little lower than the first. This gives us a decent reason to look for divergence. Do we see this here?...
So as i was getting prepped for my weekly video i created this chart and figured i'd share. It's a fib analysis our entire posrt COVID bull market mainly focusing on major pivot lows and the top we printed a few weeks ago. The rectangles and fib confluence zones, or zones in which one could expect to find support based on the Fibonacci sequence. I mainly focused...
Quietly broke out here, would love to see this if BTC let's Alts keep running
I think we are still heading up, these large wicks into demand typically send BTC into the opposite direction. So the crash may have just been BTC correcting in an uptrend while finding new buyers...
Here we see our Bitcoin 3 day chart from Bitstamp . Can you see our Fib drawdown on the far right of the chart ? And the top fib that is visible says 2.618 at 45424 ? There is a pink arrow underneath it . That's the probable next stop on the way up for Bitcoin. As you can see we already hit the 1.618 fib extension at 29500 so the next one up is the 2.618 fib...
hi we believe there is a buy opportunity as we see a Crab Pattern in the chart and divergence signals us. it is a short term trade for those, who are filling it is a buy, we have 2 target points. please write your opinions on it in the comment section...
The GBP has a nice short set up with small risk. A 3 Drive ABCD Pattern at the 127% extension of the early September high. Targets are the FIB levels from the C-D leg 382 and 618 with the final target of the 382 from the late Sept low to the recent high. A break of 1.3700 could see higher prices. BREXIT is creating a lot of volatility which is great.
Eyes are still very much on this pair. No opportunity presented itself last week, but at the moment we have a nice and clean potential double top forming. Naturally, we need to see this neckline taken out before we can trade it. The double top itself (although it cannot be classified as divergence) is showing significant signs of weakening, through the MACD and...