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Fibs

ETHUSD Nice Short Formed W Formation With Juicy TargetsClear W short formed type spotted on the 12H. First Target 1880 USD Second Traget 2040 USD By drawing fibs from the last top 2043 to 1294 (coinbase prices) we can see that we are currently at 0.5 (1668) the break point of the W If we break we can expect the price to touch the above targets if we break 0.5 (1668) we can expect to see some resistance and some kind of pause of the move on the 0.618 (1757) possible we will have a retest of the 0.5 (1668) Thank you for reading my post, have a great day, wish you all the best ! Information provided is only educational and should not be used to take action in the market. Feel free to ask anything in the comments :)
COINBASE:ETHUSDLong
by AM.98
2
QQQ very clear 5 waves down - The 'A' wave may be finished QQQ 5 waves down - the fib extensions measure out cleanly. Because it appears there have been 5 waves down this implies it is the A wave of an ABC correction. Now will watch for the B wave up dead cat bounce, before the c wave finishes it and could bring it lower. There is another more bearish possible count here but wont post that just yet. If this ABC is the pattern that has started it, could play out something like this. Many other tickers have this similar 5 wave structure down. Look at the perfect bounce on this monthly candle level which was the monthly open for september 2020. Volume climax. Getting into oversold areas. VIX never really spiked on this first drop... Bigger fib extension long setup (yellow and red lines) could take this to the green target at 362 as long as the red line holds. The more bearish elliott wave count would invalidate the fib setup.
NASDAQ:QQQLong
by FourC
2
TSLA very clear 5 waves down - The 'A' wave may be finished TSLA very clear 5 waves down and measurement levels are clean. 5 waves down is corrective and has 2 possible outcomes, this being the less bearish of the 2 and i lean towards this more conservative count for now. It looks like tsla has put in an A wave of an ABC correction, and its very possible the A wave down is done. Looking for a B wave bounce to start soon. Other tickers as well as the QQQ have very similar 5 waves down. Price bounced at the 50% fib of an extension fib setup. The longer term target for this fib setup is 1068 as long as 465 doesnt break. Trendline Support. Volume climax at lows. RSI and Stoch oversold. Watching for the start of the B wave up. Resistance into recent supply levels would make sense possibly up to 840.
NASDAQ:TSLALong
by FourC
Oh no! What should I do!?!?!? Do thisBTC is selling off a local top here. Is this the end? Just a dip? Who cares! Make money while the market decides. I see a lot of people use fib retracements literally anywhere and everywhere. But this instance is a perfect example of when fibs can be useful buy and sell zones. What will occur over the next few weeks is the reduction of volatility in bitcoin. Price will randomly sway up and down testing lower highs and higher lows. As this occurs a relatively probable (over 50% chance) correlation with fib retracement zones is obeyed. DISCLAIMER: These buy and sell zones are not guaranteed and should not be taken with high leverage or high float.
BITFINEX:BTCUSD
by Piggiiieee
1
The Mighty $DXY - A Bull with a sustainable infinite uptrendLadies and Gentlemen Traders of all legal ages please I Implore you to please DYOR. Okay lets get a little technical from what can be seen the cci indicator is showing that its starting to go above -100 for me its a confirmation that 89 is history The RSI indicator as well is showing bullish signs. Folks hope this could of being of some help hit the like and leave a comment. Happy hunting Im shorting the EURO. Long live Stimulus pumps lol
INDEX:DXYLong
by FrancoBlanco