BNBUSDT is still interacting with the neckline and is about reach the peak of this reaction @ 88.6% Fibonacci retracement key level for adding to shorts.
BNBUSDT is heading a potential downward leg to complete iv-wave of this channel. On the 4H chart we can see a strong bearish correlation between the price action and Chaikin Money Flow bearish divergence, in which we have a c-wave failure case. The next demand zone is confluent with the Fibonacci retracement projection.
Chaikin Money Flow oscillator hidden divergence suggests price action has peaked at supply zone. H4 Overbought. Price trapped by throwing-over diamond top chart pattern by overnight but printing lower high, validating wave (ii). Expecting a profitable impulsive swing downward towards 14.6% Fibonacci retracement level amid 27970, completing wave (iii) @ local...
Potential Head & Shoulders chart pattern for ADAUSDT. The price action will fall to the demand zone. TP @ 14.6% key level of Fibonacci retracement. I'm interested in long till right shoulder logical peak @ the newer local supply expected. Chaikin Money Flow oscillator hidden bearish divergence plus ESCGO_LB in overbought condition.
Potential bearish trend reversal expected. Projecting BCD reciprocal targets extending 2.618 and 3.618 aiming local demand zone. That's a potential wave 1 to ignite. Wave 2 about to extend Fibonacci @ 61.8% (future local supply). Technicals: * Fisher Transform cross; Overbought; * Chaikin Money Flow hidden bearish divergence:
BTCUSDT monthly w/ Ehlers Even Better Sinewave oscillator. BTCUSDT is in a massive selling pressure, big SOW in dump with my intraday 14.6% Fibonacci retracement target in play. My speculated target for a bearmarket 2-month swing is on chart.
After a recovery rally that reaches the upper trendline of the descending triangle, the price action appears to be printing a Head and Shoulders formation, the right shoulder can be formed after a possible reaction from the green box area (local support), then the price can turn to react to volume POC Level @ USDT6.4 which is the same level as the low of the...
LINKUSDT spiked closely @ TP1 which is a harmonic AB=CD pattern target from a breakdown of the prior low 1M candlestick inside bar. Reacting now from the volume POC. A complex Head and Shoulders can be validated after a pullback to neckline. Plus potential bullish Butterfly target.
The next potential bear trend for a bearish scalping will stay below LSMA. Bearish hidden divergence on Chaikin Oscillator which looks like ready to dive below zero line. Harmonic target area between 14.6% Fibonacci Retracement from peak amid 88.6% of prior upward retrace.
Short position @ peak of right shoulder from a bearish Head and Shoulders Top formation. TP1 38.2%; TP2 14.6% Fibonacci Retracement levels.
Price action: T Bar reversal on 1H chart Extreme bearish Trend: Exiting from Diamond 88.6% FIB rejection Gartley AB=CD .786 - 1.272 optional TP 14.6% key level Fibonacci retracement @ 17K final TP Patterns: Descending broadening structure Triangle Rising wedge Diamond
The price action presents a Butterfly Harmonic in process, in pullback to neckline of the Head and Shoulders formation. This micro consolidation seems to be forming a descending broadening wedge before the potential swing downward to complete the 2nd phase of the CB leg down. 14.6% of Fibonacci retracement target.
A bearish Crab Harmonic and a Head and Shoulders. These are actuallythe most reliable chart patterns playing out. Some swing traders seriously considering a double top from Alt-Time-High but before this we have an imponent H&S that became valid from the fulfillment of your pullback to the neckline and really more reliable. So, I'm targeting a reliable level at...
My last target to a swing trade to July aiming a potential bounce based on Fibonacci Retracement confluence with Volume Profile. Ehlers Stochastic Center of Gravity oscillator in a potential bearish continuation crossing down for the next weekly. Crystal clear.
After a healthy retrace of 30% of a 5.162 Fibo beautiful leg down BTCUSDT shows a condition to reach 13k soon. Rout to meet Dec '17 ATH. This pullback seems accomplished and now we can see a good pivot point to adding on shorts in the crypto market expecting an 2nd leg down after that prior swing. Plus Fibonacci Retracement new target and Fisher Transform...
LINKUSDT is in rout to 4.00USD. After 30% retrace we have a pivot point to adding on shorts. Fisher Transform crossing on 2H chart. Prior swing leg downward accomplished. 14.6% hidden Fibonacci Retracement level targeted.
BTCUSDT short continues. All we have to do is hold shorts till the local support. A pullbacck will occurs from that and then the market shall fall from this consolidation, so-called bearflag on intraday timeframes. Down is the way on the road of a bearmarket. Put your money in risk in small pullback on the mid location between supply and demand will ruins your...
One more leg down as expected. Posting part II of my analysis to show a beautiful Triangle on 15M chart. Price action shows pivot point reversal reacting to 0.707* (70.7%) of Fibonacci Retracement. Triangle confluence with 14.6% target. *0.707 is the square root of 0.5.