GBPJPY after the last bullish impulse is slowly retracing inside a descending channel. The price has now reached the previous resistance now turned support exactly at the 0.618 Fibonacci level. According to Plancton's strategy if the price will break above we will set a nice long order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
CHFJPY after the last bullish impulse has retraced over the support. The market is now testing the level between the 0.382 and the 0.618 Fibonacci and according to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...
There are 4 patterns/indicators that suggest that BTC could drop further to between 28k -> 27k. 1. Head and shoulders. - It is common for the drop following a head and shoulders to be roughly the same as the rise from the neckline to the top of the head. This was 39%. If we take 49% down from the neckline, this results in a price of 28.5k 2. Previous support ...
EURCHF is trading between a daily support and a weekly resistance. The market after the last bearish impulse retraced at the 0.618 Fibonacci level and then tested the 0.5 before closing the last trading day above the support. According to Plancton's strategy if the price will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣...
First off, check out my new VWAP script I wrote that allows you to use multiple VWAPS on multiple time frames at one time (used here with the black lines). If we keep this momentum, we could see a slight dip to the 2.3 levels to re-test the VWAP as support. Using the Volume Profile, we can see that the Point of Control is around 3.2 which is the first major...
The price moved against expectation as it continues to find lower lows in the last one month (you might want to see the link below for reference purposes); As part of China’s move to create awareness of its digital Yuan, authorities in Shanghai is planning to distribute $3 million worth of the central bank-issued currency among residents of Shanghai in the form of...
With approximately 300pips move in our direction since my last publication on this pair (see link below for reference purposes); It appears we are at a juncture for a trading opportunity in the market as I suspect a risk of further decline for the Kiwi as Breakdown/Retest of Neckline which is also my Key level @ $0.71500 becomes imminent. The US Bureau of Labor...
GBPCHF after the recent impulse created a slow retracement inside a descending channel. The price touches the 0.618 Fibonacci level test the resistance and got rejected. According to Plancton's strategy if the price will break above we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...
With over 1,700pips in our direction since my last publication (see link below for reference purposes) - strong bullish momentum continue to persist as buyers don't seem ready to give up additional gains. The bulls may push the price further up should the bears find it difficult to break down the Demand zone/Trendline @ $1,888 in the coming week. Tendency: ...
DOW after the test of the lower support started an impulse. The price retraced at the 0.618 Fibonacci level and currently testing a minor resistance. According to Plancton's strategy if the market will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...
ROO update, we are in a consolidation pattern but we are resting inside the 618 66 golden pocket!
After the rejection of the monthly resistance Silver retraced at the 0.618 Fibonacci level. The market attempts to break above but got rejected also by the minor resistance and now is testing once again the support area. According to Plancton's strategy if the price will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple...
A weekly chart of TSLA will show us the longer term trend, which fate could be tested at the $550 level, which is coincidental with the 61.8% Fibonacci Retracement, a break below this level suggests the next target on the downside is $330 approximately. There is a slight divergence with the RSI, when you take a look at the last bottom. (Bearish) I will be...
BTC SHOULD SEE 45K PRICE DURING THESE 11 DAYS TO GO TO THE MOON TAKE CARE AND CHECK THE MONTHLY CHART GOOD LUCK
SP500 after the recent low retraced to the upside until the 0.618 Fibonacci level. According to Plancton's strategy if the conditions will be satisfied we can set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure...
After the test of the 0.618 Fibonacci level at the 330 area, CHFHUF has turned into a bearish scenario. The price is now testing a weekly trendline above a support and according to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...
Bitcoin is looking quite nice at this point, although further downside is always a possibility, the market is showing signs that the selloff may be easing. Bitcoin is currently sitting at both the 61.8% and the 50% retracement off major pivot levels, as well as a bullish divergence on the 4 hour Daily: 61.8% Daily: 50% 4 Hour Bullish Divergence: These are...
Polkadex. Is looking good so far! With a marketcap still low and A LOT of growth yet to come.... I'm predicting it bounce here off the .618 then again off .50 and it goes SKY HIGH!!!! Its bullish and getting more awareness out. I'm predicting it hits $28, $32.75 or $43.50 we'll see! This is a great coin to have. It's listed on KuCoin and is still relatively...