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Fibonacci

H4 SCENARIO Gold prices are projected to continue their recent upward trend, with predictions suggesting potential volatility amid economic uncertainties. Analysts expect price levels to range from $2,600 to $2,800 per ounce in the short term. This forecast reflects investor sentiment leaning toward gold as a safe-haven asset amid potential U.S. economic challenges and Federal Reserve policy changes expected by the end of 2024. Goldman Sachs foresees gold possibly reaching $2,700 per ounce, supported by a weaker U.S. dollar and ongoing high demand from central banks worldwide. Other analyses, including insights from Bank of America, suggest levels around $2,400 if rate cuts proceed in Q2 2024, which may stimulate further demand. Given these factors, the current outlook for gold suggests gradual appreciation. However, note that market conditions are fluid, and unexpected economic developments could alter this trajectory.
CITYINDEX:XAUUSDLong
by BELLATRIXFX
Bullish End of Year?This chart shows the price development of Alphabet (Google). Since reaching its high in July, the stock has been in a downward correction. However, it now appears that this correction may be ending. The price has formed a higher low, which could serve as the right shoulder in an inverse Head & Shoulders pattern. Additionally, the SMAs are bullishly aligned once again. If the price breaks above the 38.2% Fibonacci level, I anticipate a bullish move toward the end of the year.
NASDAQ:GOOGLong
by p4917
2
Bitcoin - 100 Billion $ Historical Liquidations | ALL TIME HIGH!Bitcoin is only a very small step away from reaching a new all-time high. On the following chart, we can see high leverage liquidity from traders around the world. The most liquidity is around 70k - 73k. Over 100 billion dollars are ready to be liquidated! How is this possible? Most people have their liquidation price exactly around this level on their short positions on futures. They believe the market will go down, but as you know, liquidity can be a very sweet spot for whales; of course they want all orders. From a technical perspective, bitcoin is forming a bullish pennant, and we have a strong bullish Elliott Wave combo (impulse wave + zigzag wave (1+2)). Wave 3 is in progress. Bitcoin will most likely experience a massive flash pump, now it depends on whales - will they take the liquidity for their sell orders or let it be to push the price higher? What do you think? Let me know in the comment section. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDLong
by Xanrox
70
Eurusd Expecting bearish trend continuation..It appears that the market recently experienced a minor retracement, or "liquidity grab," where the price reached the 40 EMA but was rejected at the 50 EMA on the 4-hour timeframe. This rejection aligns with a Fibonacci retracement to the golden zone (between the recent high and low), indicating a technical barrier. Based on these factors, there is a likelihood that the price will drop to the recent low of 1.07609. With an upcoming news event, there could be a potential reversal, but if momentum continues, the current trend may persist. I’ll provide an update next week or once the target is met.
Short
by shreyasflaming
How my chart look, using (S)&(R) with OrbFib. Open~Close.When Market open: 1) wait 5min close to draw Orb Fibonacci(0%,0.5%1.0%,1.5%,2%) wait 15min to close to draw Orb Fib. 2) Keep looks for (S) anf (R) to draw after 5min&15min candles close. 3)use (Support)&(Resistance) from your "drawing" and (Support)&(Resistance) from "Orb Fib" levels to CALCULATE your Risk to decide where is to enter trade. Sniping tips: Entry signal look for (S) or (R) pullback rejection by bouncing the level of (S)/(R), Reason is bc it show solid respect to that specific (S) or (R).ITo me it's an area that Price is not ready to break over/under yet. That will allow you time use that current new (S)/(R) rejection entry to aim that prev (S)/(R)! and Possibly break out of that too, just make sure you are following the bigger picture trend!
AMEX:SPYEducation
by FIBivanSPY
72,937 and 41 cents: BTC next target and maybe "a" top for nowBTC is fast approaching a "semi-major" fib ratio at $72,937.41 All of its sister fibs have marked key turning points since 2015 Price action here will be very telling of this bull run's strength. It is PROBABLE that we get some retracement from here. It is POSSIBLE to break and retest that fib for continuation. It is PLAUSIBLE (but unlikely) that 72,937 will be "the" top. =====================================================
COINBASE:BTCUSD
by EuroMotif
20
APE will 10x in 2025, best time to buy now! (here is why)APE is definitely one of the most legendary NFTs on the crypto market, that's why you can be pretty sure that this coin will skyrocket in the near future! We already saw a pretty significant pump last week, and this pullback gives all market participants a great opportunity. Now you really cannot say that you missed this cheap price! So why is APE ready? On the chart, we can see a huge bearish pullback, this is really classic on crypto, nothing to be afraid of. The price is only retesting the previous ascending parallel channel and is currently approaching my buy zone. If you read this and you don't have any APE coins, you can feel really lucky for this pullback. From the Elliott Wave perspective, this coin is currently in major wave 3. Usually wave 3 is the strongest of all of them. I expect a minimum of 10x profit in 2025, but can go even much higher than that as FOMO may kick in. But let's be realistic for now. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
28
Goatseus Maximus GOAT price - who are u ?)We have no idea what this new hype #memecoin #GOAT is and why it is confidently in the top 20 in terms of trading volume among all coins. But taking it "long" now will be very #Goatseus Maximus ;) 1️⃣ You can try an adventurous long if MM manages to confidently fix the price of OKX:GOATUSDT.P above $0.90 in the coming days. 2️⃣ Better yet, place limit orders for -70-80% in the range of $0.16-0.23 and forget about them for a while. DYOR _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
G
by P_S_trade
2
Will Three White Soldiers Lead the Way?OANDA:XAUUSD Analysis 4H Chart Current Price: 2447.215 Analysis Summary • Three White Soldiers Pattern • Volume Analysis • Overbought and Resistance Zone • Overall Bullish Trend Three White Soldiers: The chart shows a clear Three White Soldiers pattern, a strong bullish reversal candlestick formation indicating potential upward momentum. This pattern suggests consistent buying interest, as each candle closes higher than the previous one, signaling sustained demand. Volume Analysis: A closer look at volume reveals a weakening trend in the third candle of the Three White Soldiers pattern, suggesting a slight decline in buying strength: • 1st Candle: 74.889K • 2nd Candle: 134.962K • 3rd Candle: 41.235K This drop in volume in the last candle may indicate limited buying pressure, warranting caution before assuming continued upward movement. Overbought and Resistance Zone: The price is approaching a significant Overbought and Resistance Zone, which could act as a barrier to further upward movement in the short term. Combined with the lower volume in the third candle, this zone could lead to a potential consolidation or minor pullback before the next upward move. Despite this, the bullish reversal signaled by the Three White Soldiers suggests that the overall trend remains positive. Interpretation: Considering the overall bullish trend, the weakening volume in the last candle of the Three White Soldiers, and the approach to the Overbought and Resistance Zone, we anticipate the following: 1. Retracement to Support: The price may retrace down to 2739.624 before rebounding back to the Resistance Zone. 2. Potential Pullback to Ultimate Support: A further dip may take the price towards Ultimate Support at 2734.375. 3. Continued Bullish Momentum: After testing these support levels, the price is expected to resume its upward trend, with a potential breakout beyond the Resistance Zone, targeting the Extreme Overbought Zone. Key Levels to Watch: • Support: 2714.844 • Ultimate Support: 2734.375 • Retracement Level: 2739.624 • Overbought Zone: 2754.116 • Extreme Overbought: 2758.565 • Resistance: 2758.565 Overall Trend: The overall trend remains bullish, with expectations of continued upward movement following any short-term pullbacks. This analysis combines technical patterns, volume insights, and trend direction to provide a comprehensive outlook. Happy trading!
OANDA:XAUUSDLong
by SpicyPips
KASPA - Looks Bearish, But Why?There are currently no more Aquaman Holders indicating that the Exchanges or at least the Holders who store their KAS on Exchanges are selling heavily. The Heat Map Shows that there is almost no liquidity below the current price, so expect the price to slide down to the target rather than crash. There is a ton of liquidity above us so Market Makers may start a massive market up campaign that is fueled by multiple short stop loss squeezes that could push KASPA into a huge parabolic run in the near future. The major issues now are: 1. The conflict in the middle east - KASPA team and Devs all live there and holders are speculating that the conflict will cause team delays and issues. 2. The inverse correlation to BTC - Currently the KASBTC chart is bombing, if we lose a certain level on the KASBTC pair which is only 12% below us, we could see KASPA slide into a long period of price depression and even miss out on this next BTC leg up. Things to keep in mind: 1. Nothing fundamental has changed. Hashrate is skyrocketing. New Wallet accounts are going parabolic (increasing by 8% or more per day). 2. 10BPS Crescendo Hardfork coming in Quarter I 2025. 3. High Likelihood of Tier I exchange listings still on the horizon. Major Buy targets: 0.10 - Previous Major Structural Support with heavy long liquidity on KuCoin & MEXC Books. 0.98 - 1.618 Fib Target for Flat ABC. 0.078 - Bottom a daily consolidation during wave 3 parabola. 0.054 - Major Structural Support from previous accumulation peaks.
Short
by AlexSpicer94
3
bitcoin targets using fib ### Chart Overview: - **Timeframe:** The chart is set to a 4-hour (4h) interval, meaning each candlestick represents 4 hours of trading activity. - **Price:** The current price of Bitcoin is 71,423.43 USDT. - **Volume:** The volume bars at the bottom indicate the trading volume for each time interval. ### Technical Indicators and Tools: - **Fibonacci Retracement Levels:** These horizontal lines represent key levels where the price might find support or resistance based on the Fibonacci sequence. Common levels are 0.236, 0.382, 0.5, 0.618, and 1.618. - The price is currently around the 0.5 Fibonacci level. - **Moving Averages:** - **Green and Red Lines:** These are likely moving averages, possibly the 50-period and 200-period moving averages, which traders use to identify trends and potential reversals. - **Buy and Sell Signals:** - **Buy Zones:** Green areas where the price might be a good point to buy, often where the price finds support. - **Sell Zones:** Red areas where the price might be a good point to sell, often where the price faces resistance. ### Trading Activity: - **Candlesticks:** Each candlestick shows the price movement for that 4-hour period. The green candlesticks indicate a price increase, while red candlesticks indicate a price decrease. - The chart shows recent price action with a series of green candlesticks, suggesting an upward trend. ### TradingView Indicators: - **Volume Profile:** The histogram at the bottom shows the volume traded at different price levels, helping traders identify significant support and resistance zones. - **RSI (Relative Strength Index):** The line chart below the main price chart is likely the RSI, which measures the speed and change of price movements to evaluate overbought or oversold conditions. ### Additional Information: - **Price Levels:** - **High:** 74,788.88 USDT - **Open:** 71,929.00 USDT - **Low:** 63,768.36 USDT - **Close:** 71,423.43 USDT - **Change:** The price has decreased by 28.58 USDT (-0.04%). ### Interpretation: - The price of Bitcoin is currently in an upward trend, having bounced off the 0.5 Fibonacci level. - The moving averages are trending upwards, indicating bullish momentum. - The RSI might be in a neutral or slightly overbought state, suggesting caution for potential reversals. - Volume spikes can indicate significant market activity, often at key support or resistance levels. This chart provides a snapshot of Bitcoin's price action, technical indicators, and potential buy/sell zones for traders to make informed decisions.
Long
by chrisGTR