lucasrenz

lucasrenz Updated 

Bitcoins Price Discovery OB displayed with a configuration of multiple Fibonacci Retracement Levels displayed into clear colour visualization

lucasrenz Updated 

Here I've displayed macro Fibonacci trend lines and retracements, this has included extra levels which are in conjunction with a multitude of Fibonacci levels in order to create clearly strong levels/zones which I have distinguished by color, analyzing even the most shallow of retracements of either direction. It would appear that a falling wedge is an inevitable...

lucasrenz

Never used AVP before and noticed this difference in two different liquidity zones, a distortion and a distribution. However, Im not quite sure what exactly that would indicate.

lucasrenz

We have recently broken out of our pitchfork and will now retest it, once retested massive price action will occur and re enter our pitchfork or break away from it... Good entry once we retest the bottom level of our descending channel

lucasrenz Updated 

Dont have time to explain if you see my previous post you will se an explanation for SHIB, heres a long position manage stop loss accordingly

lucasrenz

Here I believe we will see uptrend soon as we have a bullish 50 range RSI divergence, we are at the bottom of schiff pitchfork and inside the golden zone on our fib retracement, if we do break this pitchfork we are going down to 0.00002618 and will see a bounce back up.

lucasrenz

Shiba is showing signs of going down a level before a possible breakout, price is touching key resistance, support and trend lines (orange lines) also retesting on the triangle we had just broken a few days ago and is currently looking like its going to break the pitchfork that the price has been following well, and the MACD speaks for itself most likely will go...

lucasrenz

Reverse head and shoulder's forming on top level of pitchfork which is also above the major trend line for bitcoin.. MACD reversing and possibly making its 3rd higher low.

lucasrenz

Reverse head and shoulder's forming on top level of pitchfork which is also above the major trend line for bitcoin..

lucasrenz Updated 

Very simple visual representation of what I think might be happening during this month towards the end of November.

lucasrenz

Here I use Fibonacci retracement lines, indicators, S&R, and I use many pitchforks to determine the direction of the trend and ive established these 4 possible scenarios.