Near term update to my bigger picture posted here (click).
We have been falling thru several "Genesis" fibs.
The next major level is a "Golden" fib at 32.7k.
There should be some bounces on the way there.
Green zones need to at least slow the descent.
Red zones above if broken could avert doom.
Likely we range between them over weekend.
34,693-879 should be a...
(BULLISH) 3 Point Retracement with Hidden Divergence and 0.382 fib confluence appearing on the hourly charts of Bitcoin
Good luck to all trading BTCUSD!
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NZDJPY aftter the recent high hit perfectly the weekly resistance and started a retracement move.
The market is currently moving into a descending channel and approaching the 0.5 Fib support.
According to Plancton's strategy if the price will provide us an inversion over the 0.5 or the 0.618 we will check for a noce long order.
Follow the Shrimp 🦐
NZDUSD on the 4h chart is testing a daily support.
The price after the first bearish impulse tested perfectly the 0.382 level and move once again to the support providing a 2nd bounce to the 0.618 fib level.
Now the price is testing again the support and according to Plancton's strategy if the market will break below and satisfy the ACADEMY conditions we will set...
AUDNZD on the daily chart creates a perfect inversion at the 0.618 Fibonacci level.
The price is now moving to a resistance level and according to Plancton's strategy if the market will break above we can set a nice long order.
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure...
EURGBP on the4h chart after the 0.618 rejection from the descending trendline broke the support area and currently is retesting it.
According to Plancton's strategy IF the market will provide us a sign of inversion we will be ready to set a nice short order.
If the price instead will break above, at the retest of it we will check for a long...
Bit Farms has found support at $3 then on 7/26/21 I noted that BITF was at $4 and the next Fib Zone up was $5.15 and it wicked out to $5.47 8/5/21, if we can stay closer to $5 and wick out to nothing lower than $4.80 for a deeper correction then the next impulse wave up is breaking $6.
BFARF (BARF) BOYS!!!🤮🤮🤮
lets see how this plays out. still teaching my self...
just playing around with the fib channel here on the log chart until i found some consistency...i noticed that the blue .786 fib was the top of the 2013 false top and the 2017 true top. I also noticed that in 2013 after the false top it took 7 more monthly candles to reach the true top and wen it did it rose up 2 extra fib levels/colors before it hit that top in...