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Fibonaccianalysis

BTC relies on support at $ 23,021Hi everyone. Today we have marked the channel in which the BTC price is currently moving with blue lines. As you can see, we have two important zones: -the first one is the support line on which the price is currently based on $ 23,021, then we have a support zone ahead of the price, which ranges from $ 20,957 to $ 17,669, if the price drops below the designated zone, we can expect further drops to around $ 12,000. - the second is a resistance zone, we have from $ 24,696 to $ 26,196. A breakout from this zone may result in further increases towards the resistance at the level of $ 28,754. Currently, the price on our channel is moving nicely to the side, which could potentially be used for short-term licks. Also worth noting is the CHOP indicator, which indicates that energy is slowly depleting, and the MACD indicator, which indicates that we have entered a local downward trend. Remember, however, that this is not investment advice.
by cryptodailyuk
ETH - USDT, 15M interval SHORTHello everyone, let's take a look at the 15M ETH 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 - $ 1,757 T2 - $ 1,785 and T3 - $ 1,865 Now let's move on to the stop loss in case of further market declines: SL1 - $ 1731 SL2 - $ 1717 SL3 - $ 1704 SL4 - $ 1,693 and SL5 - $ 1,676 Looking at the CHOP indicator, we can see that the energy has been used on the 15-minute interval, and the MACD indicator shows a local upward trend.
Short
by cryptodailyuk
Take a look at the BTC to USDT 1 day chartHello everyone, let's take a look at the BTC to USDT chart on a 1 day 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 $ 24,325, if the support breaks down, the next support is $ 23,044 and $ 21,168. Now let's move from the resistance line as you can see the first resistance is $ 24768, if you can break it the next resistance will be $ 26,408 and $ 28,841. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval and the MACD indicator shows a local upward trend.
by cryptodailyuk
If BTC breaks $24k, it's straight going to $30k Bitcoin needs to break $24k, and then we'll get a nice summer relief rally. As I posted earlier, according to my analysis, bitcoin has set a bottom around the 0.618 Fibonacci retracement. To date, bitcoin has failed to break the $24k resistance point, although it has made several attempts to do so. 24k is an important point, as it is the 0.5 Fibonacci retracement of the impulsive wave from July 2020 to April 2021. If Bitcoin breaks this point, it is likely to surge towards the $30k mark, which is 0.382 Fibonacci. Tonight it closes the week candle, if it succeeds and Bitcoin kicks off the week above this level, it is pretty bullish, and we are in for a fun summer. On the weekly chart, we have almost a full MACD and RSI crossover, so that shows that bitcoin is ready to resume the bull market. If it doesn't break the 24k mark, it will probably continue to fluctuate between 0.618 and 0.5 Fibonacci, or the 20k-24k range. This will give alts another chance to rise in btc value, as bitcoin has been losing dominance for several weeks. So either way I expect a positive outcome for either bitcoin or alts which will rise in satoshi value.
BITSTAMP:BTCUSDLong
by joerivdpol
BTC / USDT 15M SHORTHello everyone, let's take a look at the BTC to USDT chart over the 15 minute timeframe. 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 in the near future is $ 24,325, if the support breaks down, the next support is $ 24,203 and $ 24,091. Now let's move from the resistance line as you can see the first resistance is $ 24,412, if you can break it the next resistance will be $ 24,464, $ 24,511 and $ 24,554. Looking at the CHOP indicator, we can see that we have a lot of energy in the 15-minute interval, while the MACD indicator shows a local downward trend.
Short
by cryptodailyuk
1
USD/JPY - Support and Resistances from the low to the high a EWhey guys, if the amount of strokes bothers you just zoom in. I think it's more helpful for swing traders. The forex pair made its low in Q3 2011 at 75,554. 👍 Since then, she has been able to establish a long-term upward trend again.👌 The intermediate high wave 1 or (A) stopped at 125,879 and formed an Adam and Eve pattern after we had a recent push to the current ATH at 139,394. EW technically quite a bit is possible, but first let's look at the time periods The Fib Cycle shows that the POC was breached at 0.786 and the last upward thrust began at 0.886 According to the trend-based fixed time, the IMO current high from low to A to B is an almost exact hit with 1,618 👌❕ The 0.786 Fib Extension also meets the high, Fib Retracement Wave C, current high as well 1. Target zones for Wave C drawing a nice monthly Doji on Monday ✔ The 5 waves would also be an option, but according to the textbook, 2 impulse waves seem more consistent to me But you never know how long the Fed will play its games with small investors. In other words, they reacted far too late to permanent inflation The street must be protected 😉 I would like to mention that all I post are just options and my own opinion! Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade. If you have any questions, let me know ➡️ If you like my posts, smash the like 👍👍 button, comment or follow me. ⬅️ Thanks for reading my ideas, Trade save !! 🤑 ⚱ 💸 💲
Short
by TR7z
BNB/USDT targets and stoploss - SHORTHello everyone, let's take a look at the 15M BNB 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 - $ 266 T2 - $ 267 T3 - $ 268 T4 - $ 270 and T5 - $ 271 Now let's move on to the stop loss in case of further market declines: SL1 - $ 261 SL2 - $ 257 SL3 - $ 253 SL4 - $ 247 and SL5 - $ 240 Looking at the CHOP indicator, we can see that in the 15-minute interval we are gaining more and more energy, and the MACD indicator indicates a change in the trend.
Short
by cryptodailyuk
15M Interwal - BTC/USDT SHORTHello everyone, let's take a look at the BTC to USDT chart on a 15 minute time frame on 28.07.2022. As you can see, the 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 $ 22,792, if the support breaks down, the next support is $ 22,398, $ 22,075 and $ 21,757. Now let's move from the resistance line as you can see the first resistance is $ 22,925, if you can break it the next resistance will be $ 23,505 and $ 24,283. Looking at the CHOP indicator, we can see that in the 15-minute interval we can see that some energy has been used for the price decline, and the MACD indicator confirms the change in the price direction.
Short
by cryptodailyuk
4
BTC SHORT 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 in the uptrend channel. Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,345, if the support breaks down, the next support is $ 22,034, $ 21,798 and $ 21,494. Now let's move from the resistance line as you can see the first resistance is $ 22,925, if you can break it the next resistance will be $ 23,539 and $ 24,250. Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has been used, and the MACD indicator shows that we are in a local uptrend.
Short
by cryptodailyuk
3
Textbook #FibReracement on #ForexTradeEurope has been dealing with a lot of turmoil: Russia has be regulating the EU's Natural Gas Imports, slowing the pipeline down by 20%; on top of increasing Inflation scares. Australia, however, has been holding steadily against major pairs - even with China sanctions still in play. I used a my Support and Resistance Lines to find Bearish Trendlines within the Channel. At the highs and lows I mark my Fibonacci Retracement. Textbook results with price retracing from the 61.8% level down to the -27.2% Total for 230 pips with 1:5 Risk to Reward. #Winning Using the @alphamindfx All-In-One Assistant Indicator
Short
by elleferrero
2
BTC LONG 1W INTERVALHello everyone, let's take a look at the BTC to USDT chart over the weekend 1 timeframe. As you can see, the price stays below the 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 $ 20,508, if the support breaks down, the next support is $ 19,085 and $ 17,625. Now let's move from the resistance line as you can see the first resistance is $ 21,221, if you can break it the next resistance will be $ 23,362 and $ 24,964. Looking at the CHOP indicator, we can see that on the weekend interval 1 the energy slowly starts to rise, and the MACD indicator indicates a possible change of the trend into an upward trend.
Long
by cryptodailyuk
USD/JPY:- Bullish butterflyUSD/JPY doesnt for.ed a drop that I hope. What it's mena in this update that USDJPY for.ed a bullish butterfly harmonic ic pattern here. I closed up my short and put in Long in Usdjpy. Around $136.66 JPY. Stop Loss to $136.11 JPY and target to $137.66 JPY. I will update this par when I go back to my home in the afternoon. Because the price action show me a diferente perspective that could to occur in the Usd Please entry in Long now and follow my SL and take profit. We dee a bullish butterfly harmonic pattern.
Long
by harisonhbn9718
1
BTC Changed Market Structure- We're Back into the previous RangeBINANCE:BTCUSDT INDEX:BTCUSD BYBIT:BTCUSD We were making higher highs and higher lows on the Bitcoin chart, but we have lost that bullish market structure, bringing price back into the previous range that we were in since the 11th of June 2022. We are in a fib golden pocket reversal area, but I don't trust this bounce and I explain why in the video. My plan is to wait for higher or lower before getting in to a trade and I show you which levels I'm waiting for. Long, Short, it doesn't matter. What matters is that we're making money off both sides! Not Financial Advice. DYOR. Papertrade before trading with real money. If you liked this idea, please give it a thumbs up and follow. Comment on how you are trading BTC right now. Safe trading! Shawn
BYBIT:BTCUSD.P
by zartraderguy
GST is falling after the last huge spike!Hello everyone, let's take a look at the 1H GST 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 - $ 0.0783 T2 - $ 0.0895 T3 - $ 0.0989 T4 - $ 0.1078 and T5 - $ 0.1205 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.0552 SL2 - $ 0.0523 SL3 - $ 0.0450 SL4 - $ 0.0370 and SL5 - $ 0.0330 Looking at the CHOP indicator, we can see that in the 1H range most of the energy has been used, while the MACD indicator shows that we are continuing the downward trend.
GShort
by cryptodailyuk
2
BTC resisted on support!Hello everyone, let's take a look at the BTC to USDT chart on a 1 day timeframe. 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 in the near future is $ 21,736, if the support breaks down, the next support is $ 20,976 and $ 20164. Now let's move from the resistance line as you can see the first resistance is $ 23063, if you can break it the next resistance will be $ 24730 and $ 26379. Looking at the CHOP indicator, we can see that we have little energy in the 1-day interval, and in the MACD indicator we can see that the blue line is approaching the red crossing from above, which may confirm the local downward trend.
by cryptodailyuk
In retrospective… actually very easy ---> Golden Pocket @July'22There is not much to say … the fib retracement speaks for itself! it all depends on how you position it … NOTE: For the alltime fib not the 69k high value is taken for the top, but the *close* of that month => 57k Right now we are exactly inside the *golden pocket* … beautiful :) and the 2021-2022 fib fits perfectly on pretty much every monthly candle ^^ You can enlarge the top or bottom chart by clicking the separating line (in between) and drag it up or down.
INDEX:BTCUSD
by Indicator-Jones