could potentially bounce from L3 up to H3. invalid if breaks under L4. and bounce could be extended if it goes above the Pivot and H3 after camarilla weekly pivots. I recently did analysis on monthly levels which covers bigger picture and possibilities. this is riskier setup
We are currently above the 3 monthly pivots. In order to confirm we are reversing the trend, at least for the short term, we need to confirm the top pivot as support. Going below the pivots could potentially invalidate the trend reversal. The current candle is the most bullish thing we have seen in the past 3 months 100% The next target is 46K which is the...
The daily candle must regain the first support of the first support of the monthly CPR at 39.1K in order to be able to not signal a huge bearish signal to the market. Closing below would cause a price cascade to the second support which is located at 32K. I'm tagging this as bearish as I don't feel like we won't be able to hold 39K, this is my speculation based...
Have a look at Biocon chart, It has given breakout after consolidating for an year.
Hoping BTC bounces here - price already tapping the blue 21W EMA and also retracing to the 0.382 fib extension. First green CPR (R1) meets the 100% fib extension. Good TP zone. Second green CPR (R2) crosses a long term white trend line. Good TP zone. Third green CPR (R3) taps the 1.618 fib extension. Good TP zone. Should price break down below the green...
If you missed previous entry on monthly camarilla pivot levels I posted. there may be a secobd chance to enter market with decent risk management. lower time frame linear regression channels are in downtrend but as you can see daily is not. and I always trust linear regression channels and cam pivots more than hand drawn channels and trendlines. so here is a...
EGLD might be looking ready to move on the 4H. Fib Trend Time indicator also showing this. White channel (flag) measured move taps the 0.5fib extension area. Should price break down, red arrow measured move points to potential DCA or SL range. Lowers still; red arrow taps the monthly blue CPR range. Yellow arrow (pole) measured move taps the 100% fib...
I believe it might go to 57k. but from where is harder to guage. could manage risk at the weekly H4. With optimal entry at H3 area The reason I believe it will go to 57k is because that is the new monthly central pivot point area. And over the last 4 years or more... only TWO months did not see price test the monthly pivots. However if the Weekly h4 is broken...
weekly camarilla pivots. If rejection at H3 short to L3 stoploss at H4 If broken H4 long to H5 and beyond stoploss at H3 If broken L4 or still short from H3 target to L5 stoploss at L3. If H3 rejected and bounce on L3 long to H3 to H5 stoploss H4
only possible is all. entry is a rejection on hourly from H3 or central purple pivot. Target L3 to L5. daily camarilla pivot points. stop loss H4. could happen. lines up weekly levels
entry on rejection of H3. target L3. stoploss H4. camarilla pivot points daily levels
entry on hourly closev above and near L3. target H3. stoploss or invalidation level L4 daily camarilla pivot points
Targets and stoploss on chart. canarilla pivots intraday levels. risky in this region. however could exceed targets if it plays out for mid term. if it losses H3 expect revisit to L3
$ONE looking strong. Previous breakout measured moves still available, targeting the $0.27-$0.32 range. BTC needs to continue behaving though. Dotted white horizontal rays mark some potential DCA long opportunities, should we get a stronger retrace. Leveraging carefully - If we head back down into the white channel ("flag"), things could get a little heavy. ...
Measured move of triangle meets 2nd green CPR line. 1st green CPR line may act as resistance though. Potential DCA long options should price get rejected and head back down.
Chart looks a bit noisy, but I'm testing out the Trend-Based FIB Time Indicator, hoping the retrace will bounce at its 1.0 marker. Further confluence of this present, as this point is also where the 50EMA, top blue CPR and a longish-term green trend line all meet. Channel break DOWN measured move meets the 100EMA and red CPR line. If there's further...
OMG at resistance meeting top of pink channel. If it bounces at the 21EMA step line then price could break up and out to meet the pole's measured move. Green CPR line also meets the pole's measured move target range. Closing below the 21 EMA steps could bring price back lower into the pink channel. Price could bounce on the green 50 EMA and/or blue CPR...
Monthly camarilla pivot points. entry on rejection of H3. stoploss H4. Target L3 seems bullish but could be another down here