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Fibonnacci

CheckDot CDT/USDPossible great buy zone for CheckDot for long term hold. This insurance projects marketcap is ONLY 1,4 Million. I think this project is vastly underated. I'm looking for 20-100x for this hold in a few years. Patience is needed. If price breaks the 200EMA zone, I'll take my calculated risk and wait for next big opportunity around 13 cents OR buy back if price gets back on top of the 200EMA zone. As long as we have a DEFI which is has crazy amount of hacks, insurance will play a big part I believe. Last year 2022 investors lost 3,8 BILLION due to crypto hacking.. That's a ridiculous amount. Remember as this is a really small marketcap crypto it is quite illiquid. Lets also check few things from weekly and monthly charts
CLong
by PalenTrade
2
A top in $NVDA? I know it is very brave of me to call a top in NASDAQ:NVDA here with all is going on in AI right now. But I can only analyse what the market is telling me right now. And the market is telling me that a top might be in place. And here are 5 reasons why : 1. Fibonacci golden ratio on a weekly timeframe we are almost there. We see how the golden ratio it's splitting the 5 waves impulse up. Even in Wave 5 we have a Fibonacci Golden ratio. This time is 0.618/0.382. They all point out to the same zone. 2. Bearish divergence between the price and MACD- Histogram and MACD lines 3.Kangaroo tail The last bar is a sign of worry for the bulls. 4. Outside upper channel line 5. Quite a gap to the value zone. Which on a daily is between $675-$716. and as bonus reason Steve Weiss just bought NASDAQ:NVDA Of course there are a few reasons for the bulls as well. and NASDAQ:NVDA could go to the Moon. What do you think. Bull or bear here? Legal Disclaimer: The information presented in this analysis is solely for informational and educational purpose and does not serve as financial advice.
NASDAQ:NVDAShort
by WavesInvesting
13
Ethereum's Breakthrough: Navigating the Bull Run and BeyondEthereum's Breakthrough: Navigating the Bull Run and Beyond In this idea post, we delve into Ethereum's promising signs of a bullish future based on its recent technical achievements and market dynamics. Ethereum, a cornerstone of blockchain innovation, has shown remarkable resilience and growth potential. This analysis focuses on Ethereum's breakthrough in breaching the Fibonacci golden zone, the formation of bull season support through trendline analysis, a strong bounce from its weekly moving average (MA), and the implications of the ETHBTC valuation. Breaching the Fibonacci Golden Zone Ethereum's recent price action includes a significant move above the Fibonacci golden zone, a pivotal area identified by traders for its potential market reversal implications. This achievement is a clear bullish indicator, suggesting Ethereum's momentum for sustained upward movement. The golden zone, located between the 0.618 and 0.65 retracement levels, is crucial for identifying support and resistance levels that can predict future price movements. BINANCE:ETHUSD.P Has tested golden zone retracement and broken above Bull Season Support Formation Through trendline analysis, we observe the formation of a bull season support for Ethereum, indicating a strong foundation for potential future price increases. This pattern, marked by consecutive higher lows, reflects growing buyer interest and market confidence in Ethereum's value proposition and its underlying technology's capabilities. BINANCE:ETHUSD Has formed its Potential Bull Season Channel and right now is trying to break above the Midline Strong Bounce from Weekly MA Ethereum's vigorous recovery from its weekly moving average underscores significant buying pressure and investor confidence. This bounce from the weekly MA highlights the market's responsiveness to Ethereum at current price levels, suggesting a bullish sentiment and a potential shortage that could propel prices even higher. BITSTAMP:ETHUSD Ran 20%-50% at each test of the weekly MA Upward Adjustment of Long-Term Targets Given these positive technical indicators, the long-term price targets for Ethereum are being revised upwards. This optimistic reassessment stems from Ethereum's technical strengths, foundational role in the burgeoning DeFi and NFT markets, and its overall market performance, which hint at a much higher valuation potential than initially anticipated. ETHBTC Valuation: A Buying Opportunity? Despite the overall bullish outlook, Ethereum's valuation relative to Bitcoin (ETHBTC) is currently under pressure, indicating that Ethereum may be undervalued compared to Bitcoin. This underperformance in the ETHBTC ratio might present an attractive entry point for investors, signaling that Ethereum, at its current price relative to Bitcoin, could offer significant upside potential. BINANCE:ETHBTC Indicates Strong Bounce on Mega Support Concluding Thoughts Ethereum's journey through the cryptocurrency landscape is marked by continuous innovation and a steadfast position at the forefront of the blockchain revolution. The analysis of its technical indicators and market dynamics paints a bullish picture for its long-term price trajectory. While the ETHBTC valuation suggests Ethereum is currently undervalued relative to Bitcoin, it also underscores a potential opportunity for growth. Investors and enthusiasts watching Ethereum's progress will find these insights crucial for understanding its market position and future potential. As always, it's important to approach investment decisions with caution, armed with thorough research and a clear understanding of market risks. Check Out Latest Analysis & Educational Publications Disclaimer: This idea post is for informational purposes only and should not be taken as financial advice. The cryptocurrency market is highly volatile and unpredictable. Please conduct your own research or consult a financial advisor before making any investment decisions.
by FikratTrades
TSLA - I’m a believer, Are you ?TSLA has been hammered while rest of the MAG7 doing wonders. IMO, soon or later Elon matters gonna settle. and Tesla gonna showcase their AI potential to the world. Technicals says 300 on the cards. I’ve a starter position in commons and gonna add more as it moves up or pullbacks. Gonna supplement with TSLL, TSLY and day-trade with weekly calls. Long - Low 180-190s would be optimal. Stop Loss - 174 Target #1 - 220 Target #2 - 280 Target #3 - 300
NASDAQ:TSLALong
by just4tradin
$S&P500 - Will just RIP Higher for the next the couple weeksSP:SPX AMEX:SPY There's just almost zero technical resistance right now, just boring fibonacci levels.. Other than some new news event... I have a hunch, only a hunch, that this market is "baking in" a Trump elected Presidency. Tin Foil hat conspiracy, but I'm starting to think that. Call me crazy, but the 5, 7, and 10 years US trees yield curves have been trickling higher. I believe that everything is going to crashing down soon, but it keeps creeping & popping, popping & lockin, higher. I think it's Trump affect or something.
TVC:SPXLong
by jgeno
$DWAC is Skyrocketing along w Trump poll #’s This is Trump’s SPAC that IPO’d back Oct 2021. Based on the the 1st two days of trading, the Fibonacci levels don’t lie. So here’s my thesis.. Since Trumps landslide victory in Iowa primary, this stock has been on a tear, up 240%.. and i have some info that the past week is only the start. Tonight is the New Hampshire primary and i have a hunch that not only beat Nicky Haley, but this stock will CONTINUE TO MOON into SUPER TUESDAY primaries. $442 is not an unreasonable price target based on its action. This may very well be the Gamestop of 2024. NASDAQ:DWAC
DLong
by jgeno
17
New Trade: EURNZD - Short Position (SELL LIMIT)New Trade: EURNZD - Short Position (SELL LIMIT) Sell Limit: 1.7740 Stop Loss: 1.7780 Take Profit: 1.7550 Technical Analysis: Initiated a short position on EURNZD with a Sell Limit set at 1.7740. The decision is anchored in technical analysis, specifically targeting the Fibonacci "golden zone" and incorporating the Anchored VWAP for additional confirmation. Rationale: The Fibonacci retracement levels indicate a potential reversal within the "golden zone," supported by the Anchored VWAP for enhanced technical conviction. Risk Management: A defined Stop Loss at 1.7780 is in place to manage risks effectively, ensuring a disciplined approach to protect capital against unexpected market movements. Trade Strategy: Take Profit set at 1.7550 aligns with the anticipated downward movement. The combination of Fibonacci levels and Anchored VWAP serves as a robust strategy for this short position. Disclaimer: Trading involves risk, and past performance is not indicative of future results. Exercise caution and conduct thorough analysis before making trading decisions. Happy trading!
Short
by CeeJay_Trades
EURJPY 30m chart potential Falling wedgeThe the 30m chart the EURJPY is forming a potential falling wedge. On the chart infront, you can discover a bullish market structure Additional confluences: - Price has dropped to the support range created from the previous major high - The price is testing the 0.382 Fib. Have in mind that the 0.5 and the 0.618 levels are also in the support range so it is possible for the price to drop lower. If it does, monitor if it's still in the ranges of the falling wedge. If it goes out of them, then the pattern will be invalidated. - Price is close to the 200 EMA, Might drop a bit lower to test it before providing a potential breakout of the pattern to the up side
Long
by RTED_Investing