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Fibonacci Extension

SXPUSDT wants the 0.886 Fibonacci levelThe price got a rejection from the 4h resistance at 0.44$, the the price had the dynamic daily resistance as well. Now the price is testing the previous resistance as new support above the 0.786 Fibonacci level. How to approach it? IF the price is going to lose the support and retest it as new resistance, we could see a bearish impulse until 0.886 Fibonacci level, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
4
KAVAUSDT is testing the 0.618 Fibonacci levelThe price is testing the 0.618 Fibonacci level on the 4h timeframe after a bounce from the 1.4$ support where the market created a double bottom. The price lost the 4h support at 1.9$ and retest it as new resistance. how to approach it? IF the price is going to lose the local 4h support at 1.7$ (on 0.618 Fibonacci level) and retest it as new 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 🦐
Short
by InkyGrip
10
7/4/22 MCDMcDonalds Corporation ( NYSE:MCD ) Sector: Consumer Services (Restaurants) Market Capitalization: $187.076B Current Price: $252.96 Breakout price: $252.96 Buy Zone (Top/Bottom Range): $248.35-$238.25 Price Target: $258.00-$260.50 (1st), $270.00-$275.60 (2nd), $302.60-$308.20 (3rd) Estimated Duration to Target: 21-22d (1st), 54-61d (2nd), 150-159d (3rd) Contract of Interest: $MCD 8/19/22 270c, $MCD 9/16/22 270c, $MCD 12/16/22 280c Trade price as of publish date: $3.60/contract, $3.60/contract, $4.75/contract
NYSE:MCDLong
by lord_catnip
[Bitcoin] Worst 3K? Expected support identified by bear trend #Crack #Bitcoin #Binance #1D We explored all possible support zones using bearish continuation patterns and their Fibonacci extensions. Please take it lightly, as it is only analyzed as a Fibonacci trend extension of bear trend patterns without any other technical analysis. Sections containing the Fibonacci trend extension level of the large turquoise bear trend are marked in red, and sections not included are marked in orange. Continued bear trend patterns are emerging, and as the bear trend is still in progress and triangular convergence is underway, I think we need to prepare for an additional bear trend. In the case of a rebound without further decline, it seems safe to buy after the $19,828 upward stabilization and conservative $21,654 upward stabilization.
by Tommy_Trader
AVAXUSDT wants the 0.618 Fibonacci level?The price tested the supply zone as I told you in my previous idea. After the rejection the price is testing the 4h support on 19.60$ inside an ascending channel on 4h timeframe. How to approach it? The price could retest the 0.618 Fibonacci level after a double top on 22$, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
4
BTCUSDT is creating the M patternthe price created a clear M pattern and the price retested its neckline as new resistance on 0.5 Fiboancci level. The price created a big spike too on the supply zone. How to approach it? The current area is very hot for the market (20k). IF the price is going to lose the support and retest as new resistance we could see a new bearish impulse until 18-17500k area, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
8
ETHUSDT got a rejection from 0.618 Fibonacci levelThe price is creating a rising wedge on the 4h timeframe and after the rejection from the 1250$ the price is testing the dynamic support. As you can see the price got a rejection exactly from the 0.618 Fibonacci level, it's a key level. How to approach it? IF the price is going to lose the support and retest it as new 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 🦐
Short
by InkyGrip
28