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Fibonaccifan

Chf/Jpy with 2ticket profit@ Daily chart time.Based on Fibonatchi and Fibo-Gaan and fibo time zone the five progress seen at chart(daily chart time). 1st started down to correction and it's 0.5 fibo then at 2nd place back to 1st place, 3rd place again will happen fall down to 0.5 fibo and directly going to 0.786 fibo. But at 4th place (fibo 0.5) we have a another idea(red mark A,B) . "May be It will go back to 3rd place(A mark) and then directly going to 0.786(5th place or B mark). Good luck.
Long
by khosrooparviz
AUDUSD (Short)I'm back shorting the Aussie. There is no support on the 4hr fibonacci trend line which is why I got in. I'm planning on trading the pair down to the next fibo support at target price based on my new trading plan. One of the reasons i think this pair hasn't moved is that a lot of traders are getting in based on Elliot wave theory, as price is sitting at 61% on the retrace. With Non-farm payroll tomorrow, I'm hoping that during the Asian hours the market will move this pair before I need to get out at 1:30pm GMT.
Short
by steves_c
BTC USD Macro AnalysisTrying to find out where the next major time resistance zones may lie by using the break below 6k, and the break above 5k for the time fibo measurement. The 1.618 trendline falls precicely on the local high (end of June), also the 1.272 falls on the candle that broke above 6k. This makes me beleive the next time fibonacci trendlines will play a role in bitcoin's future market cycles. The regular fibonacci and fibonacci fan should also indicate support and resistance levels. Not an expert, not financial advise. Biffy
BITSTAMP:BTCUSD
by Biffy
2
WTC BTC - Macro analysisWaltonchain looks like it might get a bit of a bounce by springtime... the fibo fan shows the decrease in bearish momentum, the horzontal fib shows there the cycle should reverse, and we also see lots of volume showing on the vpvr at the 0.236 fibo trendline which could indicate a bottom, but we are still yet to see any real upwards direction. If the price can break above the moving average resistance then i expect it may try to test the 0.382 to 0.618 fibonacci zone, but personally I would not trade below the moving averages. Not an expert, not financial advise Biffy
WLong
by Biffy
Those Dang Kids & Their Electric Money... - GOLD! (XAU)Hello friends! Ok, so, Gold has been really, really frustrating the past week or two. It seems content to spiral around this area for a bit. I developed a personal vendetta against XAU over past days and decided it was time to crack the code on this guy. So, what we've got here is essentially a nice mix of fib tools I've put together to give us an idea of just what the heck is going on. Gold had a pretty decent wave up from last fall to March of 2019, now seems to be looking quite bearish or weak at least. I'm not going to pretend to know the first thing about the Gold industry because, I really don't. I trade only the charts. The charts have always been good to me, which is part of the reason Gold has frustrated me so much as of late. Finally though, I think we have things under control here. Gold is still technically trading in an uptrend from a Fib channel perspective. Now, I wanted to account for the zig zag pattern gold has been printing on it's way down from the high near $1340. You can see, that it has been identified here that we have a Fib speed fan causing this strange price action. Then, we've got the Fib circles. These really came in handy here, because this nice dynamic tool allowed me to really get some insight into this price action. You can see, that we are trading downwards in the channel highlighted green. Looking at previous Fib circles, it's obvious a breakout from that would be a great long opportunity. Overall, this chart speaks well for itself. The trade plan is all there, and I think we've got some good insight now into why Gold has been behaving this way. I won't drag the text portion of this analysis out, because I don't want to make things confusing. if you want to see the trends I used for my drawing tools you can just zoom out. Look for a break of the red 0.382 Fan line to go short. Look for a break out of the green 100% Fib circle to go long.
OANDA:XAUUSD
by vox-populi
1
Lite the Way - LITECOIN! (LTC)Hello Traders! Litecoin continues to, of course, follow the bullish trail blazed by King Bitcoin. In our last analysis, we looked for two targets - $114 and $135. Our first target, has been hit :) Now, after the first smaller impulse wave on the 4h, we had a nice pretty 62% retracement. Most frequently, the 127% extension is the safest target for any retracement based trade. We have reached that. The reason that, I am posting a new chart here instead of updating the old one, is because I want to be able to retroactively view how we do react to the Fib Resistance Fan. So, now LTC is at the 0.618 resistance going by the fib tool. When BTC broke this level, there was a retest of it, as support, and we then got ANOTHER $1400 move up. At the time, that was about a 20% move. If LTC has a similar reaction to a breakout, we can expect this to push us straight towards our second target $135. Alternatively, if LTC DOES retrace here, I have placed a likely zone to look for more long opportunities. The yellow box there, is the 62% - 79% retrace zone for the CURRENT impulse wave. Just something to keep in mind, if we do start to retrace here. There are MANY targets much higher, of course, but with these analyses I am just focusing on the information swing traders are looking for. I will keep this analysis short, because truly, anything I have to say about what's going on lately, has been said in my Bitcoin analysis. Good luck traders! Previous Analyses:
COINBASE:LTCUSDLong
by vox-populi
FLO BTC Momentum AnalysisFLO BTC is showing a shift in momentum, as it broke out of the final leg of the decending fibonacci fan, signalling bearish exhaustion in December 2018. We also saw a double bottom formation in this area, flowed by a bullish reversal. As the momentum has now shifted i expect the bullish trend to continue, though we may see a correction on the smaller timeframes subject to the volitility swings of bitcoin and the crypto market as a whole. My perspective on this is that, if FLO BTC can break above the 2000 satoshi level, then the chances of it reaching the higher fibonacci levels would greatly increase. However, entering a long position at the current price, 1850 satoshis, could be risky due to this area being a resistance zone, with the support levels located below at 1400, 1100 and 1000 satoshis. It is at these levels, I would look for a bullish candle, on the local timeframe, to enter a long position. Not an expert, not financial advice. Biffy.
by Biffy
STRATBTC Momentum AnalysisI beleive that the bearish momentum has now been exhausted, and a bullish reversal is likely because the macro level analysis of STRAT BTC shows a clear parabolic, bullish move, followed by a consolidation trend, down to the 0.0002 satoshi level. The 0.0002 satoshi level would be my ideal entry point, however on the smaller time resolutions there are also some local support zones which could be used. A close below 0.0002 satoshis could also indicate that the bearish trend is not yet over, i would be very cautious entering a long below that zone. Not an expert, not financial advice. Biffy
SLong
by Biffy
HUGE FLYINGXAUUSD We have a fibo fan that i see,when the price go down to a line this line hat a role in support then the price go up to the last wave,for example we had X1 THE GOLD DOWN TO THE A1 and the A1 reacted with th line of fibo fan and pull up the price to the wave X1A1. the next example is X2A2 again the price touch the line of fibo fan and the support role so pull upp the price to the last wave to X2. THA LAST TIME IS NOW:we have the line of support because of fibofan so the price can supported and i think increase the price to last wave X3. X3 is about 1360, its better to long in middle term.the sl is breaking 1236 i dont think so that could be easy.we must give an energy to destroy the important support
FX_IDC:XAUUSDLong
by amirpasha
MONERO/BTC (XMR) An Ugly Trend-less Market until?MONERO/BTC (XMR token/BITCOIN) 720 minute/12 hour semi log scale, candlestick wicks removed. 5/19/18, 9:20 PM EST, by Michael Mansfield.  Hi trader friends! Monero, a privacy token/digital currency, is looking trendless and quite ugly! But let's give this a shot anyway since we've had a request for an opion. 90 DAY OUTLOOK: Sorry, more uglines. ;-) Seriously, without a trend, the outlook is likely flat to a "bit" higher until three of the shown cycles peak then head down after either June 2-3, June 7, or June 13th. To make it simple, more weakness is likely after early June. Then, we are likely to see lower prices until either July 13-15th, July 23, or possibly August 12, 2018 as the longer cycles bottom and turn up on those dates. I would expect a trend to develop one way or the other in July or August (perhaps up) and continue into October or longer. If we get an acceleration up or down after the cycle turning point dates above, then we may finally be out of this larger flat pattern CYCLES: MIXED There are four shown cycle sine waves shown and two vertical cycle lines separate from the sine wave cycles. Until we get more data, it is unclear what the larger trend cycle up or down is. For now it is a trendless market. TRADER TIPS: Balance Point Line (BPL) is the horizontal dashed medium blue line. It basically splits the observed price history in half, but without the candlestick wicks this time. Note how the price resists or finds support around the BPL. VOLUME: WEAK Volume keeps drying up contributing to the endless trend-less sideways move. Watch out after the June cycle tops... BOTTOM LINE: Look for breaks below the Balance Point line (more likely), or possibly above the 38% retracement line (orange, less likely) that is also highlighted in black horizontal line around where the prices are now and until a cycle breakout time-frames, then possibly up. I am not a fan of this coin at this time. Let's see what the market says over the next 90 days. DISCLOSURE:   This analysis is meant for educational purposes only. You trade at your own risk!   Cheers!  Michael Mansfield CIO  
by UnknownUnicorn1613901
OMGETH Fib Fan PredictionNew idea on OMGETH. This is roughly based on my last post, but this time with much more detail (and usable math, to boot). I was struggling for hours to pinpoint where the resistance and support lines were coming from in this pattern, and finally discovered that the Fibonacci Fan fits quite perfectly into the pattern, with clear support and resistance tests on the price line. - Each of the 4 downtrend waves are 5 Fib lines long, and at the end of each of these downtrends, the price violates the 5th line and bounces back (marked in red circles). - The peaks of each of these downtrends are 2 Fib lines apart (the blue triangles). - The green box is the target for the next peak. - The gray box is the target for the lowest point of the 5th downtrend wave. - Every breakout has a +70 double-peak on the RSI. We currently have a single peak, so a continuation of this pattern would show another peak in the next 48 hrs, roughly. I will try this on the similar patterns I noticed in BTC next. Cheers! -B *This is not advice to trade.
OLong
by befunkt
1
Bitcoin / USD Trend Reversal - Out of Downtrend! Critical Hours Hello Dear fellow Traders! Swing trader WhatsThatCrypTom here with my FIRST published idea! Today I want to start with the mother, father and leader of all Coins: Bitcoin I want to share with you my idea on BTC vs USD. I use a daily chart and the exchange is Coinbase. ( I think this is a very solid chart to look at) Please trade at own risk For my analysis, I will use Fibonacci levels as main point cause I just love Fibonacci and patterns. But also other indicators to support my thoughts. The next hours (day) will be critical for Bitcoin. As you can see on the chart, BTC is holding at .618 Fibonacci. Also we are very near the downtrend channel also seen on the chart. There should be and outbreak to the upside to confirm a trend reversal. I dont say it will be the start of a next bull run, we could see a sideways channel from this point on. Everybody knows that we have a strong increase on volume wich also indicates a trend reversal. We need to close this day near the .618 fib level or above, and next day we need to close outside the downtrend channel and it should be a green candle. A double bullish confirmation candle like 2 white soldiers, bullish engulfing or inverted hammer candlestick pattern to confirm the breakout of the downtrend. Watch closely to the next hours and put buy orders at +- $8500 or above. To be really really certain you can wait until DI- and DI+ crosses on adx.. I will update this idea with next support and resistance once breakout to the down or upside is confirmed. I price falls in the next day it will fall hard, be prepared. But my prediction is a breakout to the upside and we will be in a consolidation period for a while before our next bull run. A side ways channel will be formed I presume. Thanks for reading! If you do make money from trading, dont buy me beer, but give to people who are less fortunate. Look around you and you will find. Bless you
COINBASE:BTCUSDLong
by WhatsThatCrypTom
1
BTC: 6000 USD... The bottom?The drop in BTC has been deeper than expected, it seems that we are facing a major retracement. However, this shouldn't take much longer since we are right now at the 1.618 fibo extension (from highs to lows at 22nd december), and the fibo fan plotted from lows in January 2015 to all time highs in December 2017 shows a major support line right now at 6000 USD. A general bounce is expected from this level if we look at the chart in logarithmic scale (which we understand is more realistic due to the growth rates of this asset). If we took a linear scale, low should be located at 5000-5200 USD zone.
BITSTAMP:BTCUSDLong
by fraclehe