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Fibretracement

BTC heads up at 67.3k: maybe Bears' last chance to make new lowsPart of my ongoing analysis, see links below. Our bounce is at a crucial level right now. This level is where the retrace could end. Possibly bears' last chance at lower lows. Elliott Wave theory would call this an "ABC" Which implies a correction within a trend. So possible to resume downtrend from here. Good news for bulls is that 63.3k was the KEY. The red 2.618 at 63.3k was bears BEST chance. Now the 1.618 might well be bears LAST chance. If pulls back, the 2.618 at 63.3k is a MUST-HOLD. . Previous charts that lead here (click): - 73k Top Call no one else expected - Retrace Roadmap of Support zones - 52.8k imagined but not believed - Impulse Redux confirms the targets - Fine tuned plot calls 56,8k bottom . =========================================
COINBASE:BTCUSD
by EuroMotif
6
AAPL has IndoChina headwinds SHORTAAPL is here on a 120-minute chart in what appears to be a falling wedge pattern. As volatility gets compressed further it could break down or break out with a bais for the latter. I believe that the rise of generic phones in China and Inda with comparable cameras and other functionality has impacted AAPL as had the rising prices of its flagship products. Time will tell how this plays out. In the meanwhile, I will consider that AAPL stays in its wedge and play the top trendline with a short and go long from the bottom. At present , with price at the upper resistance trendline, I will add to my short position. I see AAPL staying underneath the 0.5 Fib retracement level of the uptrend for the time being.
NASDAQ:AAPLShort
by AwesomeAvani
COIN - Reckoning Incoming?COIN has been on an epic run. What goes up must come down as they say... but Bitcoin is at 73k tho bro. Just think of all the people who bought when it was at ~$50. A lot of institutional investment decided they were not going to miss out crypto this cycle and anticipated the run up. They are definitely going to take profits now that they are up almost 400% and they are also going to make sure to take advantage of the recent upsurge in retail interest and start selling into the momentum.
NASDAQ:COINShort
by Goontata84
9
ETHUSD LONG Sitting on Demand Zone Fib TargetsOn this 15 minute chart from the candlesticks, supply and demand zones are tool drawn. The resistance trendline and flat bottom form a triangle pattern. The Fibonnaci retracement tool is used to find likely targets which are also pivots to the left. The dual TF RSI indicator by Chris Moody shows both the faster 5 min and the slower 60 min rising over the 50 level with the faster higher than the slower. The times straddle the chart time. Based on all of this I will trade a swing trade long on forex with leverage set at 20. Partials taken 25% at each target to minimize risk. Stop loss initially 40 ( the height of the green demand zone) then raised by 22 every time price moves by 20. Expecting 60% profit overall in consideration of a tiered closure and the leverage for a trade of 10-20 days depending on the trend angle moving forward.
BITSTAMP:ETHUSDLong
by AwesomeAvani
1