Fish in troubled waters, $41 - 50The impulse wave has done at 147 and correcting around 60, right now.
Zigzag wave ABC with A (52), B (99) and C (? 41 - 50). More likely 41 because C = 1.236 Fib A.
What next, wait and see
Fibonacci Extension
Great buy opportunity for nikkeiHi
In my elliott analysis, we are in second wave and the third (and very profitable wave) will be started soon.
Two target is shown in chart by fibo and resistance line.
Please like my idea if you agree with it.
Have good trade
Yours
BTCUSDT is testing the 0.618 Fibonacci levelThe price is testing the 0.618 Fibonacci level as resistance after the sharp movement. the price could have a rejection from that area after the pullback and got a new bearish impulse.
At the moment the market is going to create a new higher low in that area, as you can see on the left, this area is a confluence zone for Bitcoin.
How to approach?
IF the price is going to have a new rejection from that area, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Coinbase Sitting at PCZ of Logscale Bullish ABCDCOIN is at a 1.618 PCZ of a Potential Logscale ABCD and if it starts to catch Bids here we will have clear Bullish Divergence Develop on the RSI.
LUNA short term reversal to upsideLUNA has seemingly bounced PERFECTLY off the 1.272 fib extension @ $85.
I now believe that we will be moving up continuing our upward trend.
I expect some turbulance around the 618 retracement @ $89.53 and 1.272 @ $94.61.
From this point, a reassessment can be made to determine LUNAs next move.
Before see the peak, need to recoverOn daily chart
BINANCE:LRCUSDT is accumulating around 0.82 and further maybe.
Use DCA way for this case
Less risk, high reward
Wait for a breakout descending channel with huge volume, soon.
Next target from 1.9 to 2.1
What next, wait and see my fellas
USD about to break important resistance!!USD looking very bullish imo. We could get a small correction before breaking the resistance nothing major, I won't be so bullish if we drop below 0.5 fib level.
TESLA WEEKLYRules :
-If price break Point 2, 4, or 6 cancel the setup
-Price needs to break Point 1, 3, and 5 to confirm the setup
When price reach the 100FE(BLUE BOX) it normally does a pullback or reversal
The market can Truncate
Bitcoin UP?Targeting Bitcoin using Andrew Pitchfork and Fibonacci Extension. Price will go up if make new higher high.
Huge potential, over 110%On 1H TF
AAVE's dropped to 160 then it's trading in narrow range to consolidate before it might be breakout descending trendline.
Right now, AAVE is in a good zone to buy with less risk
Safer option, waiting for confirmation breakout then buy.
Wait and see
Ready to comeback, $1.8On 1H TF
LRC has found a support at 0.82 which level is a 0.618 Fib of previous surge.
Right now, LRC is swing in range from 0.82 to 1.0, it's also a resistance 0.94
If it can break 0.94, it will challenge level 1.0
What next, wait and see
BTC tradeI am expecting an third touch of the rising channel which has been traded very respectfully.
Trade should be near ~ $37.3k - $37.8k.
Confluence for this trade:
- Bottom of the channel also a comfirmed 3 touch trendline
- Weekly, daily untapped.
- .786 Fibonacci (34.3k to 48.3k)
- .786 Fibonacci fan (low 33k to high 48.3k)
- .2618 Fibonacci extention.
- Fibonacci time.
- The value area low of the big range.
- 2 perfect pitchforks lining up on all the confluence.
This all is enough for me for an amazing trade.
Stoploss below key level at $36.3k Breaking this level will be very bearish for BTC and we could expect lower 30k.
TP1: ~ 39.6K and moving stoploss to breakeven.
TP2: ~ 43K
TP3: ~ 45k.
ETHUSD LongsEthereum continues to trade lower as it begins to test bottom side liquidity in the current uptrend. We've placed a Fibonacci retracement and can see that the level it is currently trading at is a .50 retracement. Hoping to see a light bounce here on a nice risk to reward ratio.
4/24/22 XLUSPDR Select Sector Fund - Utilities ( AMEX:XLU )
Sector: Miscellaneous (Investment Trusts/Mutual Funds)
Market Capitalization: $ --
Current Price: $74.25
Breakout price: $77.20
Buy Zone (Top/Bottom Range): $74.05-$71.25
Price Target: $76.60-$77.30 (1st), $82.60-$84.10 (2nd)
Estimated Duration to Target: 24-25d (1st), 109-114d (2nd)
Contract of Interest: $XLU 5/20/22 75c, $XLU 12/16/22 75c
Trade price as of publish date: $1.72/contract, $4.50/contract
4/24/22 UNHUnitedHealth Group Inc. ( NYSE:UNH )
Sector: Health Services (Managed Health Care)
Market Capitalization: $490.152B
Current Price: $520.94
Breakout price: $536.25
Buy Zone (Top/Bottom Range): $529.50-$507.55
Price Target: $548.50-$553.30 (1st), $611.50-$618.00 (2nd)
Estimated Duration to Target: 29-31d (1st), 97-100d (2nd)
Contract of Interest: $UNH 5/20/22 520c, $UNH 9/16/22
Trade price as of publish date: $18.57/contract, $25.25/contract
Dxy ( Dollar potential to reach $111I believe dollar index has the potential to reach to $111. At that point I will be looking for sale positions because I believe that the dollar will then crash and hit $63.
Short Straddle opportunity in Crude optionsCrude on daily time frame is ranging between 0.618 finonnaci extension ratio to 0.618 fibbonacci retracement ratio
For Big move on either of the sides need to break support and resistance, and for short term view 0.236 to 0.236 ratios are looking good for SHORT STRADDLE STRATEGY
The final wave is coming, huge profitOn daily chart
Loopring has completed four waves at 0.63 after that, LRC's rally.
Right now, the lower impulse wave is progressing. Target is 1.8 in short-term
LRC's high volatility, which suit to trade in lower timeframe.
LRC is still in ascending parallel channel with strong support below 0.63. This range is a good zone to entry for short/medium/long-term.
What next, wait and see.
EURUSD Sell Idea using Linear Regression and Fibonacci LevelsWe think EURUSD is headed down. This signal is based on the Linear Regression Channel and the Fibonacci Levels. Also the SRS Pro is showing a drop on the 4H timeframe, and can go down to 1.05119. Please Like us and subscribe for more ideas like this!
LRCUSDT the price is testing the 4h supportThe price created a triple bottom on the monthly support of 0.62$ where the market found liquidity for a new bullish impulse. On the daily timeframe, the price got a rejection from the 0.5 Fibonacci level exactly on 1.37$.
pon the 4h timeframe the price created an M pattern with the double top on 1.37$ and the market lost the weekly support
How to approach?
The price is going to test the M's neckline as new resistance. IF and only IF the price is going to lose the daily and 4h support (1.09$) and retest it as new resistance, According to Plancton's strategy , we can set a nice order. The next valid support could be the monthly support of 0.89$ and 0.618 Fibonacci level
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
The first impulse wave is completed, $46KBitcoin has completed the first wave at 43.000 after that, BTC's dropped to 39.800 which price is wave a in the correction wave abc.
That range is suit to open long/short order in lower timeframes.
Besides, BTC's the invalidation level below 39.000. Caution it!!!
Target of third wave at 46.000
Wait for a confirmation after wave b's completed.
Wait and see
