This is my current viewpoint of what is currently happening in the crypto market. BTC has yet to close below my sell break level on the weekly time frame. I can see price potentially using this inner fib circle as a rejection point to recover to the next fib level. Volume is high, and we could see some potential insane moves to the upside. Though, if price...
Hi everyone I am giving an update on my most recent BTC Idea (posted Feb, 8th) and I have finally completed that trade where price successfully reached my first target area at 42k, as well as my second target "wicking" out exactly at about 41k. I favor a rejection here from my .382 fib level (41,386) for a buy to 43,800. Although, on the other hand, if price...
Short from .618 at 4500 is in play and headed to 42k. then price will re evaluate and I want a full confirmation on either side of the next .382 fib level around 42k. if price rejects this level, price has potential to go back up to 45k, and since there was a 4hr closure above this level yesterday, price may continue to the upside towards 46k. if price closes...
Price has rejected the old .618 fib level at 45000, on the Daily time Frame as well as the lower .236 fib level at about 44000, With these rejections looking strong on the daily, as well as the stochastic on the daily looking ready to sell, I favor a short here again- sticking with my original analysis posted when we first reached this .618 level at 45000...
Price is testing the buy break of the .618 level from the previous fib which around 44383, if we get a full candle closure above this level we can expect to see price go to the next .5 fib at 46k. one price breaks above this level I see strong potential for price to fill in the entire s=center of the fib circle to the next current level which is the .236 level...
I favor a short here Now that price has come up to my old .618 fib level at 4400 area, price has potential to reject this fib level and come back down to around 40k again at the .5 fib level. Though, If price continues up and has a 4hr or daily candle closure that ends above 44500, then price will continue up to the next fib level at around 4600.
We have hit the 2 fib targets I mentioned in my last post- now that we are here, I favor a pullback happening to at least 39100, if not even going as far as 38800, where we could then look for a potential rejection again, to go back up towards 40k again. Although, if and when a 4hr candle closes above my .618 fib level @ 41,569, I see price going to the next fib...
Hi everyone, I am just updating the chart I posted last week, all of my previous predictions for targets have been hitting since we came up past 40k. now that we have done so, I believe price may have a pullback around 41,200, and then continue up towards 43k.
My current position on BTCUSD, Price has come down to 33,000, and rejected the innermost 1.618 Fib circles from the most recent downtrend (if it is fact ending now. will wait to for further confirmation- If price breaks above 35,453 I will buy to the next 2 fib circle levels at 37,800-39,700. I believe price may play around in this area and may reject the...
I made this video for a friend but will leave it public incase others find this useful. Just playing around with finding various support and resistance regions with the cylindrical and spiral fib hand tools.
Ideas are in the video - sorry, LazyBear 😂, "Volume Accumulation Percentage Indicator" was the name I couldn't recall in the video. All three that were used in this chart are solid though. By far in my top 8 or so indicators to use in, basically any time-frame above 15 minutes. Please feel free to share your thoughts, feelings, possibly concerns - keep the secrets...
Traders, SNP500 has been moving exactly to the levels that we have been predicting. We see that it has completed a W pattern and now is falling. We do have 2 opportunities long and short at the moment. So which one is better one? Lets find out. If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or...
Traders, GBPUSD has not been able to find strength on either side. However this can all change very quickly now. It has potential to go down. Here is my analysis and trading plan. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know what you think of this analysis...
Traders, USDCHF has been falling as predicted in previous analysis. It has hit both of our short targets. So what's next?? Hit the like button and subscribe if you enjoyed this analysis. Comment below and let me know what you think of this analysis and that is yours? Have a great trading week!
Traders, gold has moved upwards exactly how I predicted into the zone. Now We can expect a downward movement. In this analysis I look at the possibilities of taking a short trade. Hit the like button if you enjoyed this analysis. Comment and let me know how are you going to trade gold this week and what is your analysis. Thanks!