Targets
High Hopes = FET Targets FET/BTC #FetchAi $FET #FETHere we see our FET BTC 3 day chart which shows our fib retracement levels . Fibs are generally good targets for upside on a bullish chart - and look to be our long-term targets for FET on Binance. You see that pink check mark on my chart ? That's a previous high near 1550 sats from last summer and looks like a good near-term target maybe sometime after the Mainnet of FET launches in March ( end of March,that is.) There can always be a pause and consolidation after that but the targets above us after that appear to be
3420 (there's strong resistance near here )
5443 - that's our .382 fib
7077 - that's our .5 fib
8712 - that's our .618 fib
9931 - that's our .706 fib
and there's still strong confluence near 5800 on the Kucoin chart. So hope you like my chart, thank you .
BNB ENTRY 186.11 Stops just below New targets upBNB BNB Entry (dwn) target met by 1 penny. Entered 186.11
hit by 1 penny.
--- 2-23 low was 186.10!
<> traders Sold 228-235 (2/3rd left)
New ST up target 252 once 235 breaks should quick run and then on to 273 Sell 1/3
Investors / Swing trade hold to 335 traders sell last third or keep 1/3 for long run.
Bad News For BTC Medium TermAfter coming out of arguably the most beautiful bull flag I have ever seen, we have had quite a nice run and a nice additional push by the man Elon Musk himself. I fear we are going to pull back quite a bit here, possibly 20-25% with a bottom somewhere around 42k. This will probably drag down most of the other coins as well medium term. With the bond yields taking off as well and a weakening dollar we find ourselves in a strange place that is hard to navigate. Ultimately crypto's will be good long term investments as fiats are racing to zero, but this could be a good chance to sell and buy more later.
AAVE/USD - potential 83% setupHello, Traders!
AAVE is the market leader in the Defi altcoin market.
The asset is currently consolidating after rising in the $408-$538 range
In a retracement, you could try to buy the asset on a pullback in the range between $422 - $454
Stop Loss should be placed at $392
Targets on Fibonacci extension levels based on trend
$538
$566
$638
$682
$798
Good luck and watch out for the marekt.
P.S. This is not a piece of financial advice but only trade I would be following myself
ETC/USD - potential 48% setup Hello, Traders!
After an impulsive rally, the asset corrected and went flat in the trading range of $14.56 - $17.33
ETH is now acting as a driver for altcoins and will be followed by the rest of the old-school coins.
An entry point for buying can be considered in the range between $15.05 - $15.55
Stop Loss should be placed at $13.65
Targets on Fibonacci extension levels based on trend are:
$17,00
$19,83
$22,66
$25,48
P.S. This is not a piece of financial advice, but only trade I would be following myself
OXTUSD - Still pumping. New target 56 cents!TLDR: Previous post showed our CUP AND HANDLE pattern with target @49 cents. However, OXT does not appear to be finished. Bull flag formation presently occurring. New target = .56 cents.
Hello traders. If you've been following my posts on this ALT and have been trading along with me, then you've done well. I congratulate you on your success.
Though I took profits at 50 cents and closed the last trade (), I have re-entered this trade at 41 cents.
Reason? You can see from the chart, OXT still appears to have momentum. The bears have not been able to reverse this down to previous levels. Resultantly, a BULL FLAG has been forming. If I take the height of the last bull move, clone it, and then estimate an exit from the flag, I come up with a 56 cent target. Not bad!
Let me know if you all are seeing similar trajectories and if you have entered this trade by commenting below.
As always, I wish you the best!
BTC macro cycle and targetsJust looking at the BTC macro market cycle.
We can see that the current cycle... as predicted if you've been in discord or following on youtube... I've been saying this for almost 2 years now.
The current market cycle is following the last one almost exactly... now this can change at any moment and just because the followed the last cycle up until this point dosn't mean we will keep following it...
But its been following almost exactly for 3 years apart from a bear market rally to 14k (mostly fueled by facebook libra hype IMO)
So im going to expect it to keep hitting the same levels until it stops and proves otherwise... does that sound fair enough?
So now we've got that covered off...
We can see in 2016 the 0.618 fib level was quite important and really triggered the start of the bull run from $770 to $20,000
the same way we interacted with the 0.618 level at 14k in the current cycle, that was also the key break out point that triggered the start of the bull run.
This of course all kicked off and cycles around the halving which was 9th July 2016 and 11th May 2020, and BTC's cycle of bear market, accumulation, re-accumulation, bull market.
Now we have pushed quite hard with some consolidation around the all time high, same as 2016/17 but the wash out wasn't as agressive in the current cycle.
Then at the same 2.272 - 2.618 fib levels held as resistance and gave us a consolidation with a throw back to the 1.618 support in 2017 and also in our current cycle.
You can see the 1.618 held as support at 29k which put in the bottom of our current consolidation, I used this macro fib level to help give support for my longer term entry at 29k
That and the 4hr bullish divergence and the daily P-Block combined for a great confluence set up.
So after all this break down... Whats next?
The next key level where we hit resistance in 2017 was the 4.236 at $4,441 and the 4.618 at $4,828
The corresponding level on the 2021 cycle would be $73,200 and $79,500
Quite high targets indeed...
But the kicker is the last cycle the blow off top pushed to fib level of 19.618 at $20,000
The corresponding target in the current cycle is $327,600
Make of it what you will... we don't have a crystal ball all we can do is look at the key levels and see how price reacts to them... might not go that high... it might go higher...
IMO play the levels as they come keep watching the 4hr trend of higher highs and higher lows...
Consider risking off as we go higher
Watch on-chain data for >1k wallets to start dumping...
Tops are put in when there's no one left to buy.... not because of selling pressure.
Don't go all in and all out in one go, always average in and out.
And finally...
Enjoy the ride!
QTUM/USDTQTUM/USDT (Monthly timeframe) is still undervalued and has high chance to show good move ahead as it is closing in on it's monthly resistance which will soon be broken. Many alts have already gone 2-3x in this alt season but QTUM has just begun it's bullish move.
Target 1 - 5
Target 2 - 6.5
Target 3 - 10
SL - 2.2
Disclaimer : I am not a financial advisor, this chart is for educational purposes only (DYOR).
GBPUSD - H1 - Down Trend & Only Sell itHey traders,
Please Support this Idea with LIKE if it is Useful....
GBPUSD
Base on Trend Lines and Hidden Divergence (that happens on correction waves) we know that GBPUSD has started a new Down Trend and I think we should not think about Long Positions.
But on the other hand, we know that the market will never allow us to analyze it as simply as we see it and it is going to hunt our stops and then get back down.
So I think there are 2 strategies that we can do :
1-Get a Short position now and wait for it. If marker goes up we add to our position lot size again.
2-Wait for market to show correct way and then get a short position.
Targets:
As you can see there is 3 targets that I have shown.
One of them is Fibonacci Target (Center target) and tow others are Ichimoku targets that I believe that they must be touched.
If you are Low Risk person, you can set your target on first, otherwise manage your positions until target 3 touched.
I hope we can take a Good Profit on this market and my analysis be correct.
Thanks for your Likes and comments.
Good luck!
Bitcoin to 46,800, and ultimately 53,000, explained!Im thinking we may see a potential top where we are at now, and give the 39,100 area a retest.
BUT thats speculative, because of the moment and volume we are seeing, we may break the top of this channel and use the top of it as a new support line.
100% measured move of the breakout, would eventually take us to 46,800ish, with fomo and psychological reasons, we may see 50 i think in the near future. Just my thoughts.
If it ends up breaking down a bit, id watch the 37,000 area for a retest of support which would make a good buy entry if it did.
The purple lines are old trend projections which will likely be resumed in some fashion when full momentum gets going. Those projections would lead me to believe that the short term top of this move could reach the 53,000 level before breaking down substantially.
35,000 is what i would call the new "heartline" for the near future. This is a medial level of the trading range we are in and a powerful area of divergence.
If i were buying, itd either be at 39k or 42k. If i was trading short term, i wouldnt touch it under 39k unless we saw a bounce at the lowest 36,800 at the golden mean.