Complete bias for this pair, this fib has played out so far from the first retracement to $1.60 - $1.70 After retracing to the 61.8% & 78.6% retracements we saw the -27 extension hit around $0.58. We have now seen another pullback this time to the 38.2% retracement, Solid candle closes at this level on the HTF (Weekly), I am expecting this to hold up with the...
Updated version of previous chart, now with the resistance showing where the Lower High could form. Which is where we are now, HTF candles closes are important.
PayPal news helping this move higher, expecting a Lower High or an Equal High to from to continue bearish. Bias will be bullish if we see this structure change
Taking this trade expecting the last push up to be reversed and continue lower following the bearish PA since April / May
Pretty sure this is an elliot wave if we respect this resistance and continue lower. Lower -161.8% extension from an original move down in May Regulations / fundamentals are bearish for this pair
Overall bias in this chart, from sells in May at $1.60 to more sells at $1.20. We could do with a bearish close this week strong like it is now for a solid confirmation. Couple confirmations: - Fibonacci played out to the first target of $0.58 and found support. - Wave 4 - 5 from ATH being the largest - Currently at Monthly Trendline - Currently at previous...
Last candle was a doji, will see where todays candle closes for a confirmation. Favouring sells with the trendline and overall trend / bias from previous charts.
Same set up as BTC in sells Monthly trendline & Daily resistance 3rd tap of trendline & cross at resistance
Fib from ATH to next low -> 61.8% retracement -> -61.8% extension Now I expect this resistance to hold up and continue to number 5 for a larger drop Weekly chart for this set up zoomed into daily
Similar set up as XRP, expecting more trickery around this region before a move down
Daily timeframe from previous posts, more confirmations with the rejections from the monthly fibs retracements 78.6% may come through one more time if we reject this area
Zoomed in chart from previous post, wait for weekly candle to close under resistance
Fib set up on High Time Frame. 78.6% tapped twice with wicks, either go straight up or fill the wicks before we go up.
Contrary to the other setup posted on the LTF, looking at the gap around $10 - $9 being filled. This would also align with the fibonacci retracement & trendline tap we saw late. The targets are the extensions where the -61.8% is near too. New to stocks, see how the year plays out
Looking at some stocks now for short term + long term plays. Some confluences for this EV stock, for upwards targets of around $60, we would need to break $53.50 Short term target is $50.40 - $52.50 If we reject the above $53.50 target then I would expect a correction of the last 1 Year of price action.
Couple of confluences on this chart, looking for it to continue bearish. 1. 2nd Shoulder forming at daily candle bodies. 2. Trend line break and currently re testing 3. 61.8% & 78.6% Fibonacci Retracement Expecting this to continue to my 2nd long term target from May of $0.20. Needs to get back under $0.58 and have a strong timeframe close like a Weekly / Daily.