Fibonaccianalysis
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.
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.
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.
US30 INVERTED HEAD & SHOULDERLast week price dropped as predicted and formed the inverted h&s pattern.
With bullish divergence on technical indicators and the recently formed reversal pattern, I'm expecting the price to gather bullish momentum to clear 31770 and approach 32700.
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.
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 !!
🤑 ⚱ 💸 💲
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.
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.
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.
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
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.
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.
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
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.
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.
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.
btc can fall to 20600 ?Hello everyone, in the 45-minute time frame, my Fibonacci lines give a sign of the price falling to the target points specified in the chart. Currently, two targets have collided and pulled back. Check the pullback in the smaller time frame (15m) and get on the falling bus. Don't forget capital management.
⚠️ caution : Use it wisely, be careful of big pullbacks, there is a possibility to grow up to 28k at any moment
Target of third wave at 25650On 2h TF
Bitcoin ( BINANCE:BTCUSDT )'s a resistance at 25680.
Right now, it's creating a bullish flag. With this signal, we're waiting for a breakout to open a long order.
Let's wait and see
Breakout is coming soon, move up to 0.72768On 4h TF
Third time lucky
CAPITALCOM:AUDUSD has tested third time combine to false breakout. That signal open a chance for a breakout.
Next target at 0.72768
Let's wait and see
Will CAKE in pair BTC beat its goals?Hello everyone, let's take a look at the 1D CAKE to BTC chart as you can see the price is moving in the local uptrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - 0.0001561
T2 - 0.0001664
T3 - 0.0001768
and
T4 - 0.0001915
Now let's move on to the stop loss in case of further market declines:
SL1 - 0.0001463
SL2 - 0.0001407
SL3 - 0.0001326
and
SL4 - 0.0001225
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, and in the MACD indicator we see that the blue line is approaching the red cross from below, which would confirm the upward trend.
ETH just ahead of the $ 1,679 target!Hello everyone, let's take a look at the 1D ETH to USDT chart as you can see the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - 1679$
T2 - 1898$
and
T3 - 2175$
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,452
SL2 - $ 1,345
SL3 - $ 1,257
SL4 - $ 1167
and
SL5 - $ 1,038
Looking at the CHOP indicator, we can see that in the 1D range, energy has been used and the MACD indicator shows the local upward trend.
BTC is moving in the local uptrend channel!Hello everyone, let's take a look at the BTC to USDT chart over a 1 day 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 $ 22,726, if the support breaks down, the next support is $ 21,753, $ 20,935 and $ 20149.
Now let's move from the resistance line as you can see the first resistance is $ 23039, if you can break it the next resistance will be $ 24,703 and $ 26,379.
Looking at the CHOP indicator, we can see that on the 1-day interval most of the energy has been used, and the MACD indicator shows a local upward trend.
