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Fibonacci Cluster

BTCUSDT wants to retest the 0.382 Fibonacci LevelThe price bounced on the daily support on 39800 As I Told you in the previous analysis and now the price wants to retest the 0.382 Fibonacci level on the weekly resistance on 42k On the 4h timeframe, the price has a supply zone on 42300 How to approach? IF the price is going to retest the 42k and got a rejection, we can apply our rules for a new short position. The scenario is invalidated above the 43k –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
13
BTCUSDt is testing the 0.618 Fibonacci Level On the upper chart, the price got a rejection from the monthly resistance on 48100$ and now the price is testing the previous weekly resistance as new support on 0.618 Fibonacci level. On the 4h timeframe, the price is testing the 0.886 Fibonacci level after a rejection from the 0.618 Fibonacci level How to approach? the price needs to hold that level and the next 4h support on 41600-41500. If the price is going to lose the support, the next valid support is 40k. Otherwise, if the price is going to have a breakout from the 43700, we could see a retest on the upper dynamic resistance. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
24
ADAUSDT is testing the weekly resistanceThe price is creating a descending channel on the daily timeframe, and now the market is testing the daily support on the 1.13 Fibonacci level on the daily support. On the 4h timeframe, the price is testing the descending channel between weekly and daily structures and the market is testing the 0.382 Fibonacci level right now. How to approach? The price needs to get bullish momentum and volume, create a new breakout from 1$ and flip the 0.618 Fibonacci resistance as new support, around 1.10$. In that case, we can add in our watchlist and wait for applying our rules for a new long position. Otherwise, if the price is going to lose the 0.78$ support, we could see a new bearish impulse –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
18
BTCUSDT is testing the resistanceThe price had a nice bounce from the daily support 35k and had a breakout from the descending channel, it's a good sign. On the daily timeframe, the price is going to retest another key level on 46k, if you look on the left, you can see how the price respected that level. On the 4h timeframe, the price is testing the dynamic support as new resistance on 44k. How to approach. We need to see another breakout for a long scenario, the price needs to have a breakout from the dynamic resistance and daily resistance as well. If the price is going to confirm the breakout and it will satisfy our rules, the next valid resistance is 51600k exactly on 1.618 Fibonacci level. –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
18
NIO - I will buy the dip at the end of this primary correctionHello traders and investors, today we see one of the main Tesla (TSLA) competitors: the Chianese Electric Car NIO. Assuming that 12 January 2021 was the pick of a Primary Wave 3 impulse, I am looking at the last impulse wave (primary 5) after the completion of Wave 4 correction. As you can see in the chart, I see 5 intermediate blue waves down and 3 waves up, hence I am expecting another impulse down to complete intermediate wave C. Fibonacci cluster/confluence either around 23.6% or at 38.2% retracement of Wave 3. In the first case, we will have a wave C similar to wave A, in the latter wave C will be extended up to 1.618%. No rush to buy the dip. Target Wave 5 is yet to be calculated.
NYSE:NIOLong
by Dry-Storm
3
GOLD (XAUUSD) Analysis UpdateTraders, Gold has been following our plan. We have been bearish on the XAUUSD because of the higher time frame bias. Last week, our long and show plans played out well. Gold went back up to test the neckline of the Head and Shoulders pattern after a fall. And right now it is kind of forming a double bottom which can push the price up a little bit. In this quick update we see all the possibilities that this market has to offer. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
OANDA:XAUUSD
by vikinsa
8
ETHUSDT is testing the daily resistance 🦐ETHUSDT is testing the daily resistance after a perfect bounce on the weekly support. where the VIP USERS got the profits. IF the price will have a breakout and retest the current resistance as new support, the price could rest the 0.5 Fibonacci level where the price will find the weekly resistance. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8
AAPL 4H Short Trade Fibonacci AnalysisHello everyone Quick Fib trading plan We can see that AAPL is in an uptrend overall, although it did gap downwards a few days ago. According to my analysis, there is going to be a leg down to $136-137, supporting this idea: 1) Fibonacci retracement going to the golden pocket (61.8-65) 2) Fibonacci extension 1.618 drawn from the top to the previous leg down dragged to the top 3) RSI showing bearish divergence (prices going up while rsi going lower) 4) Fibonacci retracement 0.5 of the major swing probably going to act as support, adding confluence (blue line + 1.618 fib extension target) Also important to mention that the blue line is the support that was the previous top (resistance), having confluence with the 1.618 fib extension and fib retracement 0.5, making it more probable of happening. Combining all this factors, there's a strong possibility of a leg down towards that level, I recommend always positioning a stop loss , in this case I have two values: 147.54 or 148.31 If you want to share your ideas , comment down below and like if you enjoyed this analysis. Disclaimer: I'm not a financial adviser , I'm not responsible for any losses due to following my chart analysis!
NASDAQ:AAPLShort
by Vasques
SNTBTC is testing the 0.5 Fibonacci level SNTBTC is testing the 0.5 Fibonacci level after the price bounced on the weekly structure. IF the price will have a breakout from the weekly structure and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
16
AAVEBTC is testing the weekly support 🦐AAVEBTC is testing the weekly support. The price could have a bounce until 0.5 Fibonacci level. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
6
BTCUSDT nice bounce on the weekly support 🦐After our previous idea with very nice profit the price bounced on the weekly support, around 30k. The price now could retest the levels 0.5 and 0.618 Fibonacci levels retracement on the daily timeframe. IF the price will have a new breakout from these levels, we can see a new retest on the upper weekly trendline. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
4