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Fibonacci Extension

can ETC see $90?#ETC/USDT $ETC completed Adam and Eve pattern that shaped inside ascending channel and touched 2 fib level of this pattern that is the same with 0.5 fib level of daily swing down. 🐮 price can correct toward upper line of channel and continue its uptrend move to $38 and if the weekly candle going to close above descending resistance, price can fly to $90 in coming weeks. 🐻 but if bears break down price inside ascending channel price may drop to $25 and even $18.
by parissap
8
Ethereum ETH - New bull market! 10 000 - 20 000 USD next TARGET! On the weekly chart, we still have an incomplete Impulse Elliott Wave and I think it's the right time to finish it! The bulls successfully defended the 200 moving average, which is very important. 200 MA is considered as a huge support/resistance zone by huge institutions and hedge funds. Check out the volume profile indicator. Here we can see a gap that acted as a support! If we take a look at the RSI indicator, we can spot a beautiful bearish trendline. As per my Elliott Wave analysis, an ABC (classic ZigZag) correction has been successfully completed, and now we can start a new impulse wave! These yellow trend lines help us identify individual impulse waves, and we are clearly missing a 5th wave. I expect tremendous pumps for selected alt coins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
61
Short Natural Gas | Weekly ChartHello all, New week, new opportunities. This weeek we got some new trades, all of them shorts and all of them very interesting. Spacially, for Natural gas. As always, we follow up the the accelerate volume, this week the short volume crosses over the green volume and also in monthly chart the short volume is already greater than the long volume, so in the case the strategy is clear, short trade until long volume crosses over the red volume or until a key fibonacci supports. Have a good day
RUS:NG1!Short
by tradingconfibos
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.
by cryptodailyuk
NZD/CHF Break downKeeping it as simple as possible with a clean chart and good explanation. Hope you will enjoy and profit. Looking at the weekly and daily time frames, the price is making lower lows and lower highs which indicates a downtrend market structure which is why I am only looking for short opportunities on this pair. After the 0.786 retracement price made a new low and came back to test the last lower low and was rejected. A possible new target for this pair is the 0.618 extension level which matches with the monthly S&R level which is around 0.5775. Also, see my 4-hour analysis of this pair for a more in-depth analysis.
Short
by alicanuz
26,567 Target UpdatedBTC reached a new low on the 4 hour, and rejected the 30MA on 4 hour. I can now understand why this has happened and why this is temporarily bullish for Bitcoin . I don't think we are dumping yet; here's why: A perfect fakeout would be to close the Weekly candle ABOVE the 200MA Weekly. This would be a HUGE BUY SIGNAL for retail buyers and many traders who don't think about what this actually means. They would just assume the bull run is back on. Literally everyone would be buying Bitcoin . Every Bear would switch Bull, and then, and ONLY THEN, does the dump begin. The liquidations would be HUGE. We currently close the Weekly on Sunday 24th. On the 25th (just like on the 25th July, 4 years ago) we reach the top - which on Kucoin would be 26,567. (Please refer to my 2 "Link to Related Ideas" to see how I measured this target originally. I have redone the extension with the new numbers to show you the updated target.) Funnily enough, if you look at my chart you can see that thick orange line above the 0.786 fib of 26,567. That thick orange line is the 200EMA Weekly. I expect this 200EMA Weekly to meet around this fib level by then, and THIS will be the REAL TOP. So around this time, the 25th would be a Monday. Now we all know that on Monday's, there are generally fake moves. So it would probably reach the top on Monday, pretend dump and then back up halfway to liquidate some late bears. Then it should start dumping around Wednesday 27th/Thursday 28th. The Monthly close would likely end up being a green Monthly candle with a wick. From then on, we descend towards 19k-18.5k before levelling out and going sideways in September.
INDEX:BTCUSDLong
by reiiss7
15
BTC$24,300 was tested which seems kinda shallow compared to the ETH move, That said this structure does sub divide nicely into 5 up and hit all fib extension measurements as far as EW is concerned. An ABC down would likely retest that triangle breakout. H4 SRSI & RSI show that the bulls can keep this thing going and run up to my original target around $25K B4 starting the ABC correction. Only time will tell. If the top is in and we have started pulling back into wave A as my chart shows then the push for wave B will pull the stoch RSI up quickly and make a lower high Vs my W5 top and confirm the analysis. Conversely breaking above with the RSI moving up slowly will cancel the A wave and mean we likely hit $25K.
COINBASE:BTCUSDLong
by Big_Mike716
4