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Fibonaccianalysis

DOT / USDT 4H CHART - targets and stoploss!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price is moving in the local downtrend channel. Let's start by setting goals for the near future that we can consider: T1 = $ 7.06 T2 = $ 7.24 T3 = $ 7.40 T4 = $ 7.55 and T5 = $ 7.77 Now let's move on to the stop loss in case of further market declines: SL1 = $ 6.76 SL2 = $ 6.62 SL3 = $ 6.44 SL4 = $ 6.28 and SL5 = $ 6.13 Looking at the CHOP indicator, we can see that there is a lot of energy in the 4H range, while the MACD indicator indicates that we can enter a local upward trend.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is 19385$, if the support breaks down, the next support is $ 19,146, $ 18,661 and $ 18,282. Now let's move from the resistance line as you can see the first resistance is $ 20,475, if you can break it the next resistance will be $ 21,115, $ 21,635 and $ 22,140. Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been exhausted and the MACD indicator shows that we can continue the downward trend.
Short
by cryptodailyuk
2
Crab Harmonic and Head and ShouldersA bearish Crab Harmonic and a Head and Shoulders. These are actuallythe most reliable chart patterns playing out. Some swing traders seriously considering a double top from Alt-Time-High but before this we have an imponent H&S that became valid from the fulfillment of your pullback to the neckline and really more reliable. So, I'm targeting a reliable level at 14.6% of the Fibonacci retracement. As we can see on this daily chart I'm adding a confluent projection from the prior bearish CRAB Harmonic. This extension of Fibonacci ratio is in fact 1.278 wich is the square root of 1.618 from a AB=CD pattern.
Short
by firmestudio
Daily review of BTC interval 1DHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 20107, if the support breaks down, the next support is $ 19,375 and $ 18,442. Now let's move from the resistance line as you can see the first resistance is $ 20,501, if you can break it the next resistance will be $ 20,938, $ 21,294 and $ 21,666. Looking at the CHOP indicator, we can see that most of the energy has been used in the 1-day interval, while the MACD indicator shows that we are maintaining an upward trend.
by cryptodailyuk
ETCUSDT - Targets and Stoploss - Interval 4HHello everyone, let's take a look at the 4H ETC to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 37.51 T2 = $ 38.41 T3 = $ 39.29 T4 = $ 40.52 and T5 = $ 42.14 Now let's move on to the stop loss in case of further market declines: SL1 = $ 36.49 SL2 = $ 35.58 SL3 = $ 34.90 SL4 = $ 34.19 and SL5 = $ 33.17 Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator indicates that we are entering an uptrend locally.
by cryptodailyuk
1
Daily review of BTC interval 1DHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price is moving below the local uptrend line. Let's start with the designation of the support line and as you can see the first support where the price is currently at is $ 20.02, if the support breaks, the next support is $ 19,401 and $ 18,618. Now let's move from the resistance line as you can see the first resistance is $ 21,068, if you can break it the next resistance will be $ 21,737, $ 22,223 and $ 22,738. Looking at the CHOP indicator, we can see that on the 1-day interval, the energy slowly begins to increase, while the MACD indicator shows that despite the decline, we are in an upward trend.
by cryptodailyuk
3
MATIC/USDT - Targets and Stoploss 4H IntervalHello everyone, let's take a look at the 4H MATIC to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.8986 T2 - $ 0.9035 T3 - $ 0.9085 T4 - $ 0.9152 and T5 - $ 0.9241 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.8932 SL2 - $ 0.8889 SL3 - $ 0.8847 SL4 - $ 0.8788 and SL5 - $ 0.8714 Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy for the next move, while the MACD indicator shows a local downward trend.
M
by cryptodailyuk
6
LUNAUSD - Targets and Stoploss Hello everyone, let's take a look at the 4H LUNA vs USD chart as you can see the price is moving in the local downtrend channel. Let's start by setting goals for the near future that we can consider: T1 = $ 6.04 T2 = $ 6.54 T3 = $ 6.92 T4 = $ 7.24 and T5 = $ 7.81 Now let's move on to the stop loss in case of further market declines: SL1 = $ 5.46 SL2 = $ 5.18 SL3 = $ 5.01 and T5 = $ 7.81 Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy for the next move, while the MACD indicator shows a local downward trend.
by cryptodailyuk
3
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 21,602, if the support breaks down, the next support is $ 21,535, $ 21,447 and $ 21,322. Now let's move from the resistance line as you can see the first resistance is $ 21,668, if you can break it the next resistance will be $ 21,752, $ 21,866 and $ 22,015. Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy and the MACD indicator shows a local downward trend.
Short
by cryptodailyuk
4
ADA Long Trade with Video ExplanationThis is just a cleaned up chart from my analysis HERE. Trade logic summary: Cardano has been holding this ~$0.40 range for the past four months or so while making lower highs creating what appears to me to be a triangle. Using the triangle to estimate a time horizon for this trade, I'd expect a break out in one direction or another by the end of November. The strength of that breakout will also be telling, but we'll review that data as it comes. The Trade Time Frame is 2-6 months Entry is at $0.5223 Stop-loss is approx 20% below my entry. I do not have a hard stop-order set, but I do have alerts set on the way down to that region as I am actively managing this trade. Target is open as this is a long position, though I will likely take some profit at the $0.75 range (alerts set in that region as well) Sizing For this trade I used roughly 20% of my cash available to trade, which is about 12% of my trading portfolio tied up in this trade over the next few months. Risk With a floating stop at around 20% below my entry, loss would result in about a 4% loss of cash available to trade and about a 2.4% loss of my current portfolio balance. Profit If long plays out and initial target of $0.75 is reached, that would result in about a 45% gain on trade , a 9% increase of cash available to trade , and 5.4% increase of current portfolio balance . I'll try to be sure to update this post as we move forward. If anyone follows this trade, feel free to follow up in the future. Thanks for reading!
Long
by spreck
2
DOGE / USDT 4H interval reviewHello everyone, let's take a look at the 4H DOGE to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 0.06437 T2 = $ 0.06549 T3 = $ 0.06641 T4 = $ 0.06735 and T5 = $ 0.06858 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.06307 SL2 = $ 0.06191 SL3 = $ 0.06097 SL4 = $ 0.06005 and SL5 = $ 0.05870 Looking at the CHOP indicator, we see that in the 4H range the energy is slowly rising, while the MACD indicator shows an upward trend but we are close to entering the local downward trend.
by cryptodailyuk