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Fibonnacci

$GOLD | Take the advantage of small bullish wave!Hey Everyone, In our Previous analysis of Gold we Sold it from $1342 till $1298 rendering us with positive 400PIPS of Profit, and now it's time to buy this asset keeping the targets small the reason is quit simple because the Trendline still holds it strong and it could potentially meet our target also it's the bullish phase market seems to have a Bullish roar ATM! So, here's our preferences, BUY at CMP STOP LOSS - 1210 TARGET - 1340 have any doubts? than, let us know in the comment section below and make sure to give this analysis a Thumbs UP +_+
TVC:GOLDLong
by BloomFisher
50
Ambrosus ascending AMB has formed an ascending triangle on the 4 hour timeframe. Generally, this is a bullish continuation pattern and due to multiple other indications on other time frames, it can be seen that AMB is attempting to move into an uptrend (at least across the smaller timeframes under 1D) The stochastic RSI and the MACD both have a bull cross and they are indicating good momentum. This is further confirmed by the kijun and tenkan resting as support. The top of the triangle has previously been tested and the break has been rejected. Another failed break of the topside could mean the price rebounds back to the .618 fibonacci levels ~ However, a topside break here could set the price up for a fib extension to the 1.0 fib line at 5472~
A
by SpektreSignal
Bad Day for Cryptos-May 23rd!How does this fit in the long term?I'd say, bitcoin/other alts, are technically on extreme sale right now, which is about to end the beginning of June! (That is if bitcoin sustains a level above 7000) MACD on 4 hr has been winding on and on since the first time Bitcoin hit 6000. At any time it could become pressurized enough to make a move either way. Why does it have to hold above 7000? -Psychological support, possibly a 3rd failed rally to break 12000, might mean retesting and breaking 6000, also 7200/7400 is a fib. support zone of the previous 2 major uptrends. Breaking bellow 7000, would be the bearish scenario. What I do see next is a potential formation to wave 1(Bounce). This won't happen immediately, it would most likely happen after a couple of days of stability in which buyers will potentially wake up and see the opportunity. My assumption is that Wave 1 could go all the way up to 9000 before wave 2. This would be the bullish scenario. As always, like, share or comment any kind of suggestion or addition to the chart!
Long
by step_ahead_ofthemarket
MCO/BTC next try to get out. Anyone DCA? Trend AnalysisHi Fellas, this is my next Idea to be able to move some of my funds. I've made a trend channel but due to the actual situation I think this will go back to the small 50 retracement. Then there is again my buying area. I will wait for confirmation. If we cant hold it due to EMA resistance and missing volume I will keep an eye on it and look for another buy opportunity. The red line is my "old" AVG price from a couple weeks ago (yes, weeks) and the green one will be the new AVG price. So I should be able to get out with apprx. 0.5-1% gain. If MCO pumps and the indicators gave me more confirmation I will hold. Cheers, bitcoin-089
M
by Bitcoin-089
LTC Fibonnacci Trend Analysis Dear all, for context please note that you are looking at a chart which uses candlesticks in the 4-hour time frame whose whole scope is roughly 2 months. We can see from the most current bullish trend which started on Feb. 6 and continued until Feb. 20 that Fibonnacci support and resistance levels are highly effective in identifying price movement and potential buy/ sell levels in the short term as they have acted as support/ resistance nearly 5 times in 11 days. Another consistent trend we have seen is a failure for LTC to break above the 50 day simple moving average. At the time of writing we are hovering around the .618 Fibonnacci level and I will be entering a tight sell stop here. Though volume has been moderately encouraging in the latest price increase it is not sufficient for me to be bullish thus I am neutral. A break above the 50 day SMA will be a catalyst for bullishness in my opinion. Without a break above 50 MA I envision a continous decline within the shaded price channel with the low 100s a possibility at which I will be an aggressive buyer.
BITFINEX:LTCUSD
by TNasr
>> AUDUSD << March 19th >> Short „Breakout“ Setup <<Hey Guys and Welcome, AUDUSD broke back below previous week price action, we are following „Mid“-term Trend with a good RR. Price very bearish last week breaking previous H4 Lows forming another Low after breaking out of previous week small uptrend price channel. Short: 0.77071 Sl: 0.77547 (45 Pips) Tp1: 0.76543 (55 Pips) Tp2: 0.85838 (125 Pips) Feel free to Comment and Discuss my Trades. Have a Great Week :) Alan
Short
by DACapitalTrading
BTC/USD Long Position IF we see impulsive action upwardThe play for the BTCUSD pairing is for a long entry to be made if we see a wave I upward that moves in an impulsive manner. The entry would be around $9300 (which is where the proposed wave II would be) with a stop-loss slightly above the recent low in the $9000 area. The reason the stop-loss would be put above the low of the move is that if we do see impulsive action upward, then a retracement of 100% for the wave II would indicate that according to Elliott wave rules that it is a failed motive wave and implies that there is more bearish downward selling pressure and therefore a likely further retracement in store for bitcoin in the immediate future. As always, taking profit on the way up is advisable and reloading on a position at a wave IV area (as is diagrammed on the chart) to ride up for the subsequent 5th wave can occur as well. The first target for this play is at $9700-$9800, the second target is at $10200-$10250 and a third more bullish target is in the $10350-$10500 area. In addition, exercise caution in the market by playing with position sizes that are not over-exposing you in the space, as recently the market has been somewhat unpredictable. Short-term: Neutral/bullish Medium-term: Bullish Long-term: Bullish.
COINBASE:BTCUSDLong
by CryptoChris17