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.
Fibonacci Extension
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.
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
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!