After delving into technical analysis in Bitcoin, " Fibonacci Magic Levels " were created. 📉🔬 It is based on the continuity of various Fibonacci levels, ranging from a smaller scale to well-known levels. By precisely calibrating various Fibonacci retracement and extension levels in our Fibonacci Channel, we have identified highly relevant patterns in Bitcoin...
Double top with N pattern Indian Equities Rebound, Ending Six-Day Losing Streak
USDCHF was in a uptrend but has posted a Double Top Reversal pattern with a Bearish Divergence on the RSI, signaling a reversal in play.
What Major Event will occur to force thirst for US and G20 Treasury Bonds? It's happening soon. I wish I had a crystal ball to say what will cause it, but it'll happen. We're almost there IMO 5.19-5.25% topline target - then I hope in whatever this Market or world event will force yields to go back down to 3.19-3.25% Before eventually continuing back up in the...
Thank you for reading our update. Please bear in mind that this does not constitute trading advice. VRA is in a place that can become a historical bottom. Is VRA one of the dormant giants that could bolster the market capitalization in the near future? Can this coin with its maximum supply be the one to demonstrate a 1500% increase in 2023... but what is the...
Over the last two bull-runs, Bitcoin has been trading in a relatively predictable pattern. In this analysis I want to take a closer look at this pattern and discuss my BEST-CASE scenario for the next bull-run. * BTC has been trading within the bullish channel Since July 2017 (more than 6 years). Every time the support was touched it produced a local low, every...
Sp500 waiting for the DXY to head down, maybe the CPI tomorrow will be positive, marking the start of the reversal
Hello, traders, investors and community! Today i am taking a sharp look on the retail-giant AMAZON and what we can expect in the next weeks and months! So lets start, looking on the weekly chart of AMAZON you can see this long trendline which begun january 2015 and ended october 2018 with a sharp decline in price, you can see it on my chart. It is marked with the...
The Chart is pretty Self-Explanatory. 1. Since March 2022, the price climbed almost 42% to make an all-time high. 2. It then consolidates for 200+ days, to form a double-top pattern. 3. Recently, with 4 parabolic red candles it broke the zone. 4. We should see some pullback if it has to resume its retest and continuation What do you think?? If it was worth...
BTC price targets and trends until halving. 1 of 3 ways with a max top indicated by the light blue. Low - 17000 to 19800 Mid - hovering 29000 to 32000 High - 38000 to 42000 Possible top - 62000 +/- 5000 Could possibly get stuck in the 51000 to 60000 range as well. Very possible to see a retest of this breakout to the 25000 zones. Key supports if things turn down...
DBL TOP on Carvana. Elevator down? Where to? Short this I guess. Seems to be a popular pattern right now on lots of long term plays. How low can you go?
Based on data from previous Bitcoin cycles, it is possible to make an educated guess based on the trend curves and previous cycle time stamps of when the bull run will conclude and how high we can expect to go. Given the fact that crypto marked has matured over the years it is wise to assume that the next top and next bottom will not be as extreme as with the...
Just happened to be playing with a few things on tradingview today, thinking of new ways to identify trade opportunities. I often have to keep reminding myself to zoom out to see the bigger picture. This is one of those instances where I might have stumbled upon something useful for very long term trade trends. As many know, VIX is an extremely useful indicator...
Double Top is a bearish formation. In this case, it's being formed on the Point Of Control (POC) as a neckline, the strongest support/resistance on Volume Profile Visible Range (VPVR), which shows what price bulls and bears fought the most. If this formation breaks the neckline, the potential target price is exactly 26000. We can predict the potential target by...
CADCHF has formed a Double top and is showing signs of a DownTrend further verified by a Bearish Divergence on RSI.
this signal for EOS and nice outlook for this time EOS - 4h - short trade EOS/USDT Please follow us and comment your idea . THANK YOU !
Markets are at MAJOR Pivot point around this Trend Line connecting 2009 GFC Low at 666 to today's CLOSE and last DECEMBER 2022 High. Markets typically get rejected off this resistance and have been rejected every time since 2009 EXCEPT when we had LOW Interest Rates + PPP after Covid. That is ONLY time markets broke ABOVE this line. We broke Below this line in...
I think I may have been the first person in the world to call it back in November 2022. Next one I ride ;0 Let me know if you want more tips I got many! ;)