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Finbonacci

POL/USD 1W !Hello everyone, I invite you to review the POL/USD chart taking into account the interval of one weekend. As we can see, the price has been moving in a downtrend channel for a long time, where there is still room for price increases. Additionally, it is worth mentioning that a positive upward exit from the channel may result in a strong increase close to the channel height around $1,89. However, before this happens, the price must overcome the strong resistance zone from $0.78 to $0.91, and then the resistance at $1.09 near the upper border of the channel, which will open the way towards strong resistance levels at $1.58 and then $2.38. Currently, we can see the price staying above the support at $0.59 and further protected by a strong support zone from $0.47 to $0.28.
COINBASE:MATICUSDLong
by cryptodailyuk
Bitcoin in the long run is beautiful 🚀Bitcoin in the long run is beautiful I speak from Brazil, sorry After a few days of building this study, think about sharing it with friends here at TradingView. On the red lines we have the marking of each BOTTOM, followed by a momentum move, which will start a bullish move that historically leads to a cycle top. We noticed that when using the indicator: Bitcoin Stock to Flow Rainbow, we always target the GREEN zone of the Rainbow and also the line created by the indicator, called MODEL TOP: 1.2 * (SF ^ 3) In red color. After that we built a structure based on the Trend-Based Fib Extemsion tool, with the following information. By visualizing the first orange bar of the indicator, we have the beginning of a bullish movement, for the long term. Then we draw a line from that region to the top of each super cycle move that marks an ATH, after which we alternate the move by the bottom that the market made in a bearish cycle, or BearMarket. In this way he found to identify that second as Fibonacci time zones the BTC marks its ATH in time zone 3 marked with a white dotted line. Let's leave some images saved in the description so that friends can understand the reasoning behind this study. Comment there what you think !!! 1- MOVEMENT s3.tradingview.com 2 - MOVEMENT s3.tradingview.com 3- MOVEMENT s3.tradingview.com I hope to be able to contribute to the reading of friends and if you have any suggestions below in the comments, we are here to always learn. I'm not the owner of the truth, this is just content based on my rationale. If you want to talk to me, send a message inbox, or click on the footer of this post! Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community, we can discuss operational tactics and techniques. CLICK DOWN HERE!
BNC:BLXLong
by leandrosander_
2
SXPUSDT Daily S/R| Local S/R| Price Action| Trend Evening Traders, Today’s analysis – SXPUSDT- trading at a key region where a rejection is probable, Points to consider, - Price Action Impulsive - Daily S/R Resistance - Local S/R Support - Low Volume SXPUSDT’s immediate price action is impulsive, trading towards a daily resistance with lower highs, allowing for a short bias. The Local S/R us current support, holding this level is critical for the range low support. Current volume profile is on a decline, an influx is highly imminent when testing key trade locations. Overall, in my opinion, SXPUSDT is a valid short with defined risk, Price Action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my And remember, “Trading effectively is about assessing probabilities, not certainties.” ― Yvan Byeajee
Short
by AzizKhanZamani
XLM Trade|Dynamic Resistance|Daily Structural levels|.618 Fib Evening Traders, Today’s Analysis – XLMUSDT- breaking dynamic resistance putting in a valid retest, the immediate targets are the Fibonacci levels. Points to consider, - Immediate trend bearish - Daily support respected (oversold bounce) - Dynamic resistance breached - RSI above 50 - Volume below average - Fibonacci technical targets XLMUSDT’s trend has been putting in consecutive lower highs, this projection has still not being broken. Daily support held with an overthrow, trapping short traders, an oversold bounce lead to breaking the dynamic resistance. XLMUSDT is establishing a retest, holding this will likely push price into technical targets. The RSI is trading at the 50 level, must hold for a bullish bias, breaking bellow will negate the probable setup. Volume is clearly below an influx will be likely for this retest to hold true. Overall, in my opinion, this is a valid retest of the dynamic resistance. A long trade is valid with define risk, Fibonacci levels being the target. Respecting the 21 MA will give a visual guide of the developing trend. What are your thoughts? Thank you for following my work! And remember, “You can lose your opinion of you can lose your money.” – Adam Grimes
Long
by AzizKhanZamani
5
EURUSD will make new high? Congratulate to who long EURUSD at trend breakout from my last analysis. After respect the resistant at 1.20700, EURUSD made a correction move. According to uptrend channel, I would highly recommend long from 1.186 area (strong support). We could also see a pin bar appeared around this area just before the rally of EURUSD recent time. I remain bullish bias for this pair. I like to keep trading simple buy trend analysis and price action. Check out my instagram @forex9999
Long
by minhmango
1