FiboTech

FiboTech Updated  Dec 17, 2022

Hello Dear friends We do not have a signal to continue the increasing trend. On the other hand, in the increasing trends, the resistance ranges have been preserved and the orders have not been fully consumed. On the 4-hour time frame, there is a high probability of issuing a negative RSI divergence, and on the 30-minute time frame, a negative divergence has been...

FiboTech Updated  Dec 17, 2022

Hello Dear friends In the previous rising trend, the range was completely consumed, but HH it was not formed for us. Currently, due to the range and negative divergence of the RSI combined with the harmonic pattern, the probability of breaking the upward trend line is high. Keep in mind that we will be issued a process change confirmation when the orders are...

FiboTech Updated  Dec 16, 2022

Hello dear friends In the upward trend, the range of $85.2 was not fully consumed and the long-term descending channel was not broken upwards. Considering these conditions and the signals we have in the lower time frames: if the current trend is below the purple range of $68.26, the possibility of forming a downward trend similar to the drawn scenario is...

FiboTech Updated  Dec 14, 2022

In the higher time frames, we are in a descending channel, and in the monthly and weekly time, the positive divergence of the RSI has been issued to us. There is a possibility of forming an upward trend in the medium term. As a result, we assume that the price trend will come out of the compression from the upper side, provided that the bottom of the downward...

FiboTech Updated  Dec 13, 2022

Hello Dear friends We have bullish signals on higher time frames; Like the possibility of completing the bearish wedge pattern at the end of the downtrend, provided that the price range of $11.18 is maintained But on the 30-minute time frame, we have a tight movement that can be from both the top and the bottom, and the probability of its exit is high. Provided...

FiboTech Updated  Dec 11, 2022

Hello Dear friends On higher time frames, if our downward trend line breaks upwards, there is a high possibility of price advance. Keep in mind that for the harmonic pattern to be valid, the uptrend must be above the $0.3413 range. It is important to maintain the range of $0.1397 and if the range of $0.2466 is completely consumed, it looks like we have a head...

FiboTech Updated  Nov 30, 2022

Hello Dear friends In the daily time frame, the trend has approached an important support zone. At the same time, the butterfly harmonic pattern has also been formed in this time frame. Positive divergence of RSI has also been issued. On the lower time frames, if the downward trend line is broken upwards, the possibility of the price advancing to higher areas is...

FiboTech Nov 29, 2022

Hello Dear friends A positive RSI divergence has been issued to us on the daily time frame. But in the correction process, a LL has been formed. As a result, on higher time frames, there is a weak possibility of forming an increasing trend. On the four-hour time frame, we have a triangle pattern at the end of the downtrend and a Cypher harmonic pattern is...

FiboTech Updated  Nov 29, 2022

Hello Dear friends Our support areas are maintained for now, and on the other hand, a positive RSI divergence has been issued on the lower timeframes. But harmonic patterns are not associated with positive divergence! But we do not have a signal to continue the downward trend, if the upward trend is above the range of $0.3832, the possibility of the upward trend...

FiboTech Updated  Nov 21, 2022

Hello Dear friends We are still below the downtrend line, our $0.235 support area is still intact. We have a positive RSI divergence on the daily time frame. But we must keep in mind that the momentum of the downward trend is strong. On the lower time frames, if the range of $0.3733 is consumed, the possibility of forming a downward trend is strengthened up to...

FiboTech Updated  Nov 21, 2022

Hello Dear friends If this month's candle closes positively, the situation will be very attractive, isn't it!?!? On the weekly time frame, is it possible to complete the head and shoulder pattern at the end of the downward trend? On the daily time frame a bullish overlapping candle has been created for us, the $0.129 support area has been maintained so far. At...

FiboTech Updated  Nov 19, 2022

Hello Dear friends We are currently above the midline of the long-term descending channel and a positive RSI divergence has been issued on the daily time frame. In the lower time frames, the support ranges have been maintained, it seems that the possibility of forming an upward trend up to the blue range ($0.4854) is high. But it should be kept in mind that if...

FiboTech Updated  Nov 14, 2022

Hello Dear friends Aren't decentralized exchanges more attractive? All patterns formed in different time frames identify higher targets. Our support areas have been well maintained so far. Provided that the orders in the area of $5.65 are not fully consumed, the possibility of continuing the upward trend to the area of $7.17 is high. Keep in mind that this view...

FiboTech Updated  Nov 13, 2022

Hello Dear friends We do not say that this scenario will definitely be implemented (: In the most optimistic case, there is a possibility of reaction to the yellow range ($1,095). Only if the above scenario is considered valid for us, the moving trend succeeds in breaking the short-term downward trend line and stabilization and pullback to this level. We would...

FiboTech Updated  Nov 9, 2022

Hello dear friends Until a HH is not created for us, we do not have the mentality to continue the increasing process. On the other hand, in the daily time frame, due to the negative divergence of the RSI, the possibility of completing a double ceiling pattern is high. If the price range of $0.4256 is completely consumed in this corrective process, the...

FiboTech Updated  Nov 9, 2022

Hello Dear friends Currently, the price is in a long-term descending channel. The positive divergence of RSI has also been issued for us in the daily time frame. But on the lower time frames, our resistance range is still in place and the upward trend has not been placed above the $1.296 range. On the other hand, the upward trend line has broken down and the...

FiboTech Updated  Nov 9, 2022

Hello Dear friends We are on the midline of the weekly descending channel. At the same time, several patterns with higher targets have been formed for us. If the downward trend line is broken upwards, there is a high possibility of forming an upward trend similar to the drawn scenario. We would be happy to hear your comments

FiboTech Updated  Nov 9, 2022

Hello Dear friends If we look very, very classically, a triangle pattern was completed on the daily time frame and at the same time a cup and handle pattern! It seems that the two specified ranges can be considered as targets. Keep in mind that maintaining the $284.99 range is very important. We would be happy to hear your comments