FibonaccIvo

FibonaccIvo Aug 10, 2023

The scenario for BTCUSDT I posted earlier is still in play. BTC retraced a bit to levels of (daily) support. Around 29.500 USDT This is near the 0.618 Fib-level (golden pocket). The EMA50 is at 29.350 USDT at the moment. The daily trendline to the downside (dotted) is broken. A new daily trendline to the upside might be forming. Let's see if we continue to go up :)

FibonaccIvo Aug 10, 2023

I don't use chart patterns that often, but this possible head & shoulders pattern on the Daily chart stood out to me. There's a baseline and there are 3 peaks (shoulders and head). If this plays out, price will go lower. So far it hasn't; price is still ranging. Possible target at previous range around 0.018 - 0.020. Let's find out.

FibonaccIvo Aug 6, 2023

BTC is following a daily/3D trendline. The daily/3D levels act as clear support and resistance. Last resistance was around 31.700 USDT. There’s support near 29.100 USDT. There’s no real /big reaction from the previous resistance level at 31.700 USDT. This to me is bullish. Next targets are 38.000 USDT and 47.000 USDT.

FibonaccIvo Dec 2, 2022

Just playing with a trend-based Fib on the Weekly levels again. Let's see how this one plays out. Seems like we might get a (bearish) retest of the 17.500 level and then (a final?) drop to the12.300 - 13.400 levels. These levels align with the weekly 0.886 and .0786 Fib-levels. Weekly s3.tradingview.com Daily s3.tradingview.com

FibonaccIvo Nov 8, 2022

BTCUSD on the Daily chart. BTCUSD has been trading within a ascending triangle (yellow) for some time now. Will the trendline (yellow) hold as support or will it break? If BTC holds support (around 18.800USD), than maybe buyers might step in and take price higher. If that happens the targets I'm looking for are 26.000 USD and 27.700 USD (the 1.272...

FibonaccIvo Aug 8, 2022

Possible head & shoulder pattern on BTCEUR on the Daily. Green line = neckline. Measured distance from head to necline is shown and copied to indicate the target to the downside. Fib-levels (0.382 up to 0.786) are displayed on the chart for possible targets in case of a short. First target (based on the H&S), around EU20.500 is in between the 0.500 and the 0.618...

FibonaccIvo Updated  May 5, 2020

Just playing around with some Fibonacci-levels on a weekly timeframe here... - Prior price action shows that BTC has retraced to the .886 Fib before resuming upward again. It has done that this time again. - Prior price action shows that every big run/big move happens when the .5 Fib was flipped from resistance to support. This has not (yet) happened. If BTC...

FibonaccIvo Jul 26, 2019

Just my thoughts and what I'm looking at. BTCUSD on it's way to 8500USD (green box on the chart)

FibonaccIvo May 20, 2019

I've been following far better and more experienced traders than myself for some time now. And - with the help of their posts - I studied the history of BTCUSD for a while. They all state that after a strong - parabolic - move up, BTCUSD always pulls back strong. According to historical charts even up to the 0.618 Fib-level. We all don't know if that will happen...

FibonaccIvo Updated  Jan 26, 2019

What is it going to be for BTCUSD? Depending on whatever you (want to) believe, it might follow the uptrend channel (green) or the downtrend channel (red). Call it #hopium or something else, but - despite of the larger bearish channel (in black) - when I look at the StochRSI (oversold) on both the 4h and the 1D, my bet is on the more positive side. So: up for...

FibonaccIvo Updated  Sep 18, 2018

As always: just my idea I'm sharing here. No financial advice. Based on the chart BTCUSD will keep going down more in the direction of the green trendline (can act as a support). Black dotted lines make the (greater) bearish channel in downtrend. I zoomed in on the current price action with dotted black lines as well. Strong downtrend as you can see. The red...

FibonaccIvo Aug 6, 2018

Based on other ideas here on TV, I've tried to determine targets to buy XRP back. Seems a cup and handle pattern is forming. I think confirmation of this (price going down and forming a c&h pattern) can be found when price drops below 6000sats. Price is now gently sliding down alongside the previous resistance line, now seems to act as support. First buy zone...

FibonaccIvo Jul 21, 2018

Seems an ascending triangle has formed/is forming for ZRXBTC. Time to break out? Let's see to what higher target it takes us. Love this coin btw!

FibonaccIvo Updated  Jul 21, 2018

ZIL broke my green support trend line. I expected it to break out, but it didn't. Now looking at the daily chart: might there be a double bottom forming? In blue I drew the setup of what might be that double bottom. Hoping for the break out! If not, it's further down for ZIL... No financial advice, just sharing my thoughts here.

FibonaccIvo Updated  Jul 19, 2018

(since my last uploaded idea doesn't seem to be on here, I'll try it again) I just started charting recently, so this is just an idea I have and definitely no financial advice. - close to what I think is the support trend line (green) - oversold on RSI (20). Also seems to have touched the bottom trend line I drew on the RSI (meaning it is as low as it's...

FibonaccIvo Jul 17, 2018

www.tradingview.com Just recently started charting, so this is just an idea I have and definitely not advice in any way. - close to what I think is the support trend line (green) - RSI completely oversold (20). Also seems to have reached/touched the bottom trendline I drew on the RSI (if that says anything) - tested and didn't break the previous low (horizontal...