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Goldenratio

Hedera Goes From April Highs, To ATH, To Elliot Wave Theory? Lets break down what COINBASE:HBARUSD may be setting up for a long-term scenario! We saw a impressive Bullish Rally from beginning of November 2024 that facilitated a Breakout of the April 2024 High @ .1842 to then create its All Time High @ .4010. With this Price Action going from a Significant Low to create a new Higher High, we can apply the Elliot Wave Theory which is first supported by seeing some sort of Fibonacci Retracement from the Low to New High and we see that February of 2025 delivered a Fibonacci Retracement to the Golden Ratio Zone twice to now be showing support from Bulls pushing price higher! Technically, with Wave 1 having been corrected successfully by Wave 2, both being completed, we now can expect price to give us another extension starting Wave 3, giving us a Break of the ATH created by Wave 1, to then confirm our directional bias and validate the Elliot Wave Theory. Based on the Fibonacci Extension, we can project a potential "Roadmap" price may follow while outlining the rest of the Impulse and Corrective Waves where we see Price ultimately ending Wave 5 at the Potential Range Target of ( .7571 - .89441 ) Rules: - The 2nd Wave cannot retrace the 1st Wave more than 100% - The 3rd Wave can never be the shortest of the Impulse Waves ( 1,3,5 ) - The 4th Wave cannot retrace the 3rd Wave more than 100%
COINBASE:HBARUSDLong
by Novi_Fibonacci
4
85,354 and 35 cents: Golden Genesis the KEY level of this cycleShown here is a single fib series, in 3 different timeframes. The "Genesis Sequence" has called all major turns since 2015. Bulls MUST get above ASAP or this bull run is in grave danger. This is the most important fib of this entire cycle. It could have marked the top before Trump's win. It could now mark a key higher low of recovery. ================================================================================== Previous Analysis: 105k top 73k top of 2024 56k bounce ================================================================================== .
COINBASE:BTCUSD
by EuroMotif
84,354 and 35 cents: BTC Golden Genesis fib that bulls MUST holdShown here is a single fib series, in 3 different timeframes. The "Genesis Sequence" has called all major turns since 2015. Pullback is about to retest the "Golden Genesis" fib, a MUST hold. ================================================================================== Previous Analysis: 105k Top call . 73k top of 2024 . 56k bounce ================================================================================== .
COINBASE:BTCUSD
by EuroMotif
8
DEEP - Finding The Next Trade SetupDEEP recently took out the January 13, 2025 low at $0.12345 with a Swing Failure Pattern (SFP), followed by a successful retest. This led to a bounce that hit a key level at $0.12141, presenting a solid long opportunity with minimal risk. After this, the market turned bullish, forming a 5-wave structure and rallying to the 0.786 Fibonacci retracement level at $0.18643 (measured from the $0.20473 high to the $0.11922 low). This was a key take-profit zone for longs and a great short opportunity. Adding confluence, the anchored VWAP also acted as resistance just above at $0.19, offering another low-risk short setup. Additionally, a key resistance level at $0.1809 further reinforced the rejection zone. Current Price Action & Short Setup From the 0.786 Fib retracement, DEEP retraced 20% downward, nearly touching the 0.618 retracement of the 5-wave structure before bouncing. Now, price is finding resistance at the golden pocket (0.618 at $0.17347 and 0.666 at $0.17534) of the recent drop, aligning perfectly with the daily 21 EMA ($0.1757) and daily SMA ($0.17347). This setup suggests an ABC corrective move is forming. Using the trend-based Fibonacci extension, the 0.786 extension aligns with the 0.618 retracement at $0.1457, creating a strong short setup. Short Entry: Between $0.17347 - $0.17534 Target: $0.1457 (0.786 trend-based Fib extension / 0.618 retracement) Stop Loss: $0.1845 Risk/Reward: 2.5:1 There’s also potential to extend the target to the 1:1 trend-based Fib extension at $0.13733, but this would depend on price action. Potential Long Setup If price reaches the $0.1457 support zone, this could present a high-probability long opportunity. Entry: Around $0.1457 Risk/Reward: 2:1 or better, but confirmation is needed before executing the trade
Short
by SiDec
4
BNX Breakdown: The Next Trade SetupBNX has recently been testing a key resistance zone around the $1 level. After hitting the 0.618 Fibonacci retracement at $1.10, the market shifted into a downtrend. Let's analyse where our next trade opportunity might arise. Market Structure & Confluence Zones $1 to $1.1: BNX encountered robust resistance between $1 and $1.1, where the 0.618 Fib retracement aligns perfectly with the fib speed fan (0.618-0.65). Additionally, the anchored VWAP taken from the high at $1.1 aligns beautifully with the $1 mark, adding another robust layer of resistance. This convergence reinforces the strength of this zone and signals potential continuation of the downtrend. Recent price action shows that BNX has repeatedly bounced off the 0.618/0.666 levels during small downward corrections. Moving Averages on the 1-Hour Chart: The 21 EMA/SMA on the 1-hour timeframe is clustering between $0.97 and $1, providing additional confirmation of the resistance and offering an ideal entry region for short trades. Primary Short Trade Setup Given the multiple confluences around the resistance zone, our main focus is a short trade with a well-defined laddering strategy: Entry Strategy (Laddering): Initiate short positions with staggered entries between $0.97 and $1.019. This dollar-cost averaging (DCA) approach allows for flexibility and optimises your entry as price tests the resistance zone. Stop Loss (SL): Place your stop loss around $1.0375, just above the Point of Control (POC) or the previous high in this range to effectively manage risk. Target: Aim for a profit target at $0.8. This target is supported by multiple technical indicators. Risk/Reward Ratio: With these levels, you are looking at an approximate risk/reward ratio of 4:1 or better, depending on your specific DCA weighting. Confirmation: As always, await confirmation through order flow analysis and the appearance of rejection candles at key levels before entering the trade.
BShort
by SiDec
3
UJ Bears Break Andrew's Pitchfork, Time To Short??Based on the Aug. 5th Low (A), Aug. 15th High (B) & Sept. 16th Low (C) we are able to project an Up-trending Andrew's Pitchfork. After price makes a Fibonacci Retracement to the Golden Ratio (61.8%) of the Pitchfork Range, price falls to the Previous High or Point of Interest finding support to then rise and stall out at the Linear Regression or True Trendline of the Pitchfork and is unable to sustain the Higher High to only fall again while this time breaking the Rising Support of the Pitckfork. Price may continue to fall to the POI before finding support again @ the 148 - 149 range but we should expect price to retest the Break of Rising Support @ the 155 - 156 range. -If support turns resistance and holds price, this will deliver great shorting opportunities to take down to the POI and potentially all the way to the Range Target of 139 - 142! *If price ascends back into the Pitchfork range, price action is considered a False Breakout. Fundamentally, so far Feb. has been a trying month for USD where we saw last Friday, Non-Farm Employment Change came in @ 143k ( 164k Decrease from last month @ 307k which was revised up from 256k) with only a .1% down tick in Unemployment to 4%. This Week: USD Tues - Powell Speaks Wed - Core CPI/CPI, Powell Testifies Thus - Core PPI/PPI, Unemployment Claims Fri - Core Retail Sales/Retails Sales
Short
by Novi_Fibonacci