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Speedfan

BTC/USDTFirst went long at $39.600, then bought some more at $41.180 (kinda nailed the retracement). Current average price is §40.390, so were in small profit at this point, around 3.3%. As long as we can stay above the diagonal support trendline oft he ascending triangle I am bullish on BTC. It looks to me as if we have gained supprt at the trendline together with the fibonacci golden pocket. As long as we can stay above the trendline I will continue to DCA into bitcoin and possibly some Altcoins. If we brake the triangle to the upside I expect price targets at around $52.000 up to $56.000, that is also the prince range where I would start to sell my positions. This would also be de 0.618 retracement of the 1D downtrend from $69.000 to $32.000 and the 0.782 fibonacci speed fan. Remember though, I am a beginning analyst and I am never a 100% sure, but the way I understood the concept of Speed Fans according to John J. Murphy, the break of the second Speed Line ( 0,618 - 0,666 in my case ) would be a massive bullish sign since it indicates a confirmation of a trend reversal. I wil keep this one updated since it it leading to me. I will use the data of this chart to determine whether it is a good time to buy some altcoins. Feel free to give feedback! Feel free to shill the next 100x to me! PS: I still have room for 1 or 2 altcoins during booming season, so feel free to share some good projects. I will share 10% profit with you if it plays out.
Long
by AnitaDollar
2
BTC 89/178 day gann idea To size this gann square and speed fan is, I took 89 and 178 days as a possible time guide bc 4quarters in a year and 178 is half a year so I did the ganns in 178 days from the ATH down lows since then. Then have one facing left as if it were to be a reversal trend. A lot of hype gets around ATH especially ATHs that keep breaking records. So a lot of beta could’ve been made around the 178day 90day and full year periods around it. So that’s what made me use it as a general guide. The respect is pretty interesting so maybe using 30day 60day 90day 180day and fill year trend is not that bad of an idea. The lines which the price respects is pretty interesting so I will continue this guide to see further correlation between those day periods and key price action.
by Stocta
MY FIB SPEED RESISTANCE FAN TRADING STRAT : ) Hi! I'm xtekky and this is my tutorial on how to use the Fibonacci speed retracement tool- I used Apple (AAPL) as an example to display the tutorial. Steps: (1) Open the fib retracement section on the left bar and select the " Fib Speed Retracement Fan" (2) According to your trading style, select the timeframe I indicated in the chart - to begin with - you can then choose the timeframe you are most comfortable with. (2) Define the begin of an uptrend (after last retracement or reversal) and place your first point (3) Define the end of the uptrend (after last retracement or reversal) and place your second point - if there isn't any recent retracements / reversals, you can take previous ones or the highest recent value (4) Define the most relevant percentage (38.2% on this chart) but it may as well be another level - note that fib levels 38.2% and 61.8% are often the most relevant ones (5) Let the stock / crypto test the level once or twice to make sure it holds, you can of course jump in directly if you are confident. (6) Take Longs and Shorts in the "Channel" Advanced: (7) Use momentum reversals (Squeeze Momentum from @LazyBear is the best indicator for me) to define more precisely when to jump in - note that the price doesn't always trade in the channel, there are some false breakouts and/or the price sometimes reverses a bit further. (8) Use volume support / resistance zones (9) Include Imbalances in the prices (If the Crypto/Stock you trade has a high volatility/manipulation rate) If you want more complex tutorial, you can see a more detailed vid on the Ytb profile linked to this Tradingview account Disclaimers: !! This is not an investment advice and you shouldn't use this technique alone !! !! Never invest/trade with more money than you can afford to loose !! ------------------------------------------------------------------------------------------------------------------------------------------------------------ That's pretty much it! don't forget to ask or DM if you have any questions! If you want to follow me on this long journey ahead of us, you can support me by subbing and liking the post ! -Credits to xtekky-
NASDAQ:AAPLEducation
by xtekky
1
XNO NANO - RE-LISTING ON BINANCEHello people! For the last few days NANO was delisted from Binance because the NANO foundation changed the ticket from $nano to $XNO to fit better the financial naming standards. Today the chart is back on and super fresh. Some people managed to sell it for 3.9, which is extremely profitable considering that at this moment the price sits at 2.13 usdt. I think that the fib sped fan helps us observe some interesting points of contact for short term operations. Have a great week, people!
by Alexandre-Perrella
Monthly Plan: levels for ETH USDT When I plan for the long term I like to go on the Monthly time scale and but my horizontals. Represented here in the color blue. This time I'm using Fib Speed Fan because it helps me visualize the last yearly movement and helps me prepare for lower levels. It would not surprise me if the price bounced in 1840, for example. It's possible that something external happens and people massively take their money from ETH which could make the price go as low as 300 USDT and it would still be within reasonable probability, in my opinion. I mainly work on this analysis to keep myself up to date with the ETH price which is closely related to NANO. Instinctively, I feel that before the price goes to the price I want to sell my NANOs for it has to go much lower. It really must be the perfect buy opportunity to insstigate people to sell other alts in favor to NANO. I hope you are all good.
by Alexandre-Perrella
A look into Ethereum's 200 daysNOT FINANCIAL ADVICE - Just an education tool for my trade setups ;D This is an ETHUSD (Binance) Daily chart that will be dissected and summarised for what I think is the likely path of least resistance in the next 7-21 days. Fib Speed Resistance Fan : 0.886 now Support after 1xFakeout and 1xRejection Fib 0.618 Levels : Broke and promptly bouncing out of 0.618 Fib resistance: Bulls winning. Heading towards 0.786 Fib levels ($4005). Area of Confluence : Bears previously lurking around $3348 unable to drive price down. Heading towards next AoC, where '$3811' Bears reside. 20 Days EMA (red line): Bouncing off strongly on the 20 Day EMA. MACD : MACD line is bouncing off signal line, after almost threatening to go under: Bullish. RSI : Bouncing of 0.5 levels. Ample distance to climb into Overbought territory, but signs of lower Highs may indicate structural weakness in buying pressure. VOLUME : This isn't a Wyckoff study, but the macro view here is relatively weak. Short term view is showing strength, as smaller amount of buyers need overcome sellers: sign that retail (low volume) is gobbling supply, while Composite Operator (CO) dumps at designated peaks to test retail's appetite. SUMMARY: $ETH is showing stubborn resistance to go down and it looks like the Bulls are winning in the short term. However, there are strong suspicions that it looks like this rally will be cut short at the Bears' whim. When an asset's price is essentially 'supply vs demand', the last point that looked at Volume analysis points towards a possible rigged setup that the CO is playing. Intermittent selloffs by CO has failed to deter the Bulls nor whet the Bears' appetite, allowing price to continue rallying, despite the macro economic outlook not looking too sexy in the near term.
BINANCE:ETHUSD
by googooboyy
4
NANO Doube Fib Speed Fan plus FractalHello you all! I hope you are all well. For the last 4 days, we saw the price of NANO USDT decreasing and this gives me a good fractal to grab hold to. What I mean is that at the beginning of the last cycle we got a succulent dip which culminated in that nice pump we saw 16 apr `21. After the dip the price raized and then we saw a dip of about one week before the pump. Right now we saw a dramatic dip which may indicate that the cycle may repeat, at least at some level of similarity. Alright. So now we are on the 4 day of the dip, but it seems to me like this movement is a bit more extended than the last one, which means that it could take more than a week for the dip to dip before the potential pump. These last 4 days of going down gave me a good target for me to place this fractal a little more accurately. I like how the fractal fits the automatic fib fans by DGT available for free here on trading view. I hope this was clear enough hahaha Nice ride you all.
N
by Alexandre-Perrella
2
BTC Daily Chart: "Trendy"I have been bad about publishing my charts. But I suppose posting the larger ones would be okay as they take longer to change. This is a daily chart showing: - trendlines in black showing potential channel and old trendlines - trendlines in ROYGBIV colored to show most current trendlines - volume profiles showing POC for different areas - a fib speedfan from highest point to lowest level - largest fib retracement on the left created from lowest low to highest high - smaller fib retracement on the right created from previous high to previous low What I see: - I see it respecting the red and orange trendlines - recently bounced off smaller fib's 0.618 line - smaller fib 1.618 area is contained in the largest fib's 0.618/0.786 zone - speed fan has some interesting points of supp/res What I think: -i dunno, thats just what I see. - if it maintains holding those trendlines as it moves forward, I suppose that would be quite bullish. - if it fails the smaller fibs 618/786 zone, it could move down to areas that will induce fear in bulls and excite bears
FTX:BTCUSDLong
by GR3ND3L
Bitcoin falls to 7300, fails to break critical support (BTCUSD)Hello friends, Bitcoin did end up unsurprisingly falling about to our $7250 target which is a 30% drop outlined in last analysis here: According to that now would be the most optimum buy opportunity long term. All I would like to point out with this chart, is where I see some of the fibonacci fractals, well we did respect one as we fell. I'm not going to sit here and tell you that Bitcoin looks particularly great right now, but overall longterm I do think it's a buy, I do think this was a "bear market rally" but I also think that is quite characteristic of Bitcoin prior to starting a true bull cycle. Keep in mind that there are a lot of fractals on many time frames to keep track of. If you chart your own, or see different ones in different places on mine, that's probably because they're all valid. You have to pick which ones matter the most. Anyways, this is the chart I've been looking at today so, here you go. Please check out the previous analysis linked to see the drop to $7300 explained. Good luck traders
BITSTAMP:BTCUSD
by vox-populi
3
WTI (Crude) 10/17/2019 daily doji lessonIm looking at the oil chart and I am seeing some decent gains today. There is a lot going on in the middle east so many different factors could be the reason for the rise. I am really more impressed with how well the speed fan is working. I used to use the speed fan much more than I do now. I still think they are great but many times when I have multiple indicators on the chart it makes it too noisy. So The fan was an unwanted sacrifice I had to make. I try to put em on the chart still when it looks like they belong there and this oil chart is a perfect example of how speed fans are great tools. The speed fan is a part of the fibonacci family. I am still in awe at the way fibonacci tools work so well. There are numerous I still dont know how to use. But traditional fibs and trend based fibs and speed fans are among the most used in my TA. If you look at this chart is is so clear the fan is providing support. From August 9th to September 16th we rode the .5 fib (on the fan) and then the Saudi attack happened and TA went out the window. When the dust finally settled we were lower at the .382 fib (on the fan). We have been riding that fan for 11 days now. I just like to point out when tools work this well. WTFDIK right?
OANDA:WTICOUSD
by UnknownUnicorn4304403
2