First of all, we have a bearish structure on monthly timeframe, on weekly and daily is the same, but looking at it on 1h and 4h looks bullish with HH and HL, I believe the price is going up because of its structure and I´ll be waiting for it to get in the 200% extension and then have a retrocement in the 1.27 level, the market usually does those kind of...
Record new account openings on MoscowExchange during 2023, has played its role in almost 90% stock advance since the year start.
The stock and volume dynamics show strong uptrend with good signs of accumulation on a weekly chart.
My chart analysis shows, that price has reached an important resistance zone of its strongest uptrend wave 3 at around 182 area...
Okay so what I'm looking for in this swing up is the extension, so the last 2 extensions have been a 50%+ move and right now we have had about a 25% swing up I also have a potential resistance zone where we could consolidate for a while but the real resistance level that interests me is the 35k mark which would make this swing very similar to...
The price perfectly fulfills my last idea. The market dropped from the resistance zone by making a impulse leg and hit the target and taken support at the given level. The price respected the support level and persisted itself at the support level . The market is pulling back after testing the resistance and impulse move. I expected growth from the support level ,...
Once there was a guy who talked about an outcome that nobody believed in. He was laughed at and ridiculed for his ideas. He tried to explain his point of view, but people dismissed him and thought he was foolish. However, he remained persistent in his beliefs and continued to speak about his theory. Then one day, something happened that proved him right, and...
Order BUY SQQQ NASDAQ.NMS Stop 53.97 LMT 53.97 will be automatically canceled at 20230401 01:00:00 EST
SQQQ daily bullish hammer at Fibonacci 50% retracement RSI divergence. Stop loss below 68% take profit into fib extension 1. Wave 5 uptrend.
Bitcoin has been in a corrective pattern from the low of 17,500 on June 18th and is beginning to exhibit signs that it could either be a reverse expanding triangle or a WXYXZ pattern.
Case for the triangle:
Each side subdivides into a zig-zag
C is 123.6 of A
A and C made higher highs while B and soon D will be making higher lows
I marked the blue 1.618 extensions that indicated the top before. When the 0.786 marks the local top, the 1.618 seems to indicate the next cycle's top. This cycle the 0.786 is at practically the same price as the 1.618 extension of the previous cycle !!
hey traders, BTC might go down at 19390, but firstly might bounce until Weekly S2 23805. The market is strongly bearish
Fibonacci extension bands are shown in the chart with pivot point levels.
The analysis is considering 100% of the correction price.
The market has the last word.
On daily chart
BINANCE:IOTXUSDT is retesting around 0.09 to prepare pump up
We have a short-term target at 0.15 that's a previous ATM on Aug 2021 and long-term target at 0.3 that price is 1.0 Fib at 0.048.
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Before you trade, DYOR plz.
The trendline from the wicks match exactly with 2.272, 2.414 fib extensions and the technical target from the falling wedge.
I believe BTCUSD needs to spend some time between 28k - 38k, more so inside 32k - 38k levels.
It might also bounce from the upper trend line which coincides with 0.5 0.618 levels, 39 40 is also psychoologically a bouncy level.