Primary Chart: Daily Time Frame, 8-D and 21-D EMAs, Long-Term Fibonacci Levels (Retracements of META's Entire Range), Uptrend from Nov. 4, 2022 Low SUMMARY: META remains in a severe downtrend since its all-time high in September 2021. The primary-degree trendline remains unbroken and in effect. A shorter down trendline for most of 2022 has been broken...
Primary Chart: Weekly Chart of MSFT Showing Down Trendline, 200-Week SMA, Key VWAPs and Fibonacci Levels Microsoft Reaches a State of Equilibrium within Its Downtrend Equilibrium means "a state of balance." Equilibrium has been reached precisely because MSFT is holding above long-term support, and below its primary downtrend resistance levels. It also has...
Primary Chart: ETHUSD on a 2D Time Frame The Primary Chart shows ETH's major down trendlines over the past 14 months. The first down trendline (magenta) remains effective and has contained price since the all-time high in November 2021. The second down trendline (gold) has been broken. The anchored VWAP from the all-time high (teal) is currently at $2230. ...
BTCUSD BITSTAMP:BTCUSD has traded in a choppy fashion for some time. Since mid-June 2022, it has traded modestly downward (downward and sideways) relative to the steep downtrend it experienced from the November 2021 all-time high to the June 2022 lows. This author has refrained from posting on crypto for a while given the choppy and uncertain nature of the space....
Primary Chart: AMD's Downtrend from All-Time Highs (2D Time Frame), Fibonacci Retracements and Projections, Long-Term VWAPs AMD remains in a severe downtrend at the primary degree. AMD's price on its most recent rally off the October 13, 2022, low rallied right into trendline resistance and rejected lower. On a linear chart (primary chart above), price...
Primary Chart: Several NDX / QQQ Trendlines and Multi-Year Support Zone at $254-$267 SUMMARY : The downtrend has resumed since the consolidation pause in the days leading up to the FOMC presser on September 21, 2022. Shorter-term targets include June lows at $269-$270, and if June lows are violated, the next target range is $254-$267 on QQQ, which equates...
BINANCE:BTCUSDT If Bitcoin intends to modify according Range to the previous ceiling that collided with it inside the triangle Correction is 53,000 if it falls from this area Wait until the price reaches the ceiling of the Pulbeck triangle again And then decide on the process
EURHUF nice retracement on 0.5 fibonacci and now it's looking for a new impulse According to Plancton strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
A confluence of the 0.75 fibonacci leg and two previous resistances dating back to 2017 now can become the new support levels for SNAP. A worse than estimated earnings report could push an already halting uptrend. I'm short with 1:2 R/R ratio with SL @ 19.20 TP @ 16.50
Here we see EURGBP in a descending channel with the sellers in full control, forming lower highs and lower lows adding selling pressure to the market. Now we are trading in a small expanding descending channel, suggesting that the sellers are stepping out and potentially booking their profits. This gives room for a bullish scenario, and im speculating that the...
Welcome to a weekly outlook on USDJPY. Here we are going to come up with a clear picture using my personal experience with technical analysis. I have spend countless of hours looking at charts, trying to come up with a reason for price movements. For a long time I thought, if you had the ability to forecast the markets, it would automatically turn you into a...
I am going to experiment with a split chart . Hopefully it's easier to follow. We will see. If something changes, I'll add updates. Most of those Fibonacci price projections are from the previous TA I published last week (). Those are still important and have a major role on this giving hints. We are at the zone one right now. Kinda obvious what needs to...
Fibonacci price extensions are similar to Fibonacci price retracements. It is also support and resistance indicator that is used to determine possible support and resistance levels. Again Fibonacci retracemnt, Fibonacci price extensions and Fibonacci price projections. Left side is just a zoom in to 15 min and right side shows a bit bigger picture. I am looking...