COTI - we swept the lows, looking for a LONGAfter an initial burst to the upside, we got some cooling off on COTI. We swept the lows which seem to form an SFP, looking for a swing LONG towards FIB 0.705
Fib
Kin 2021-2022 Bullrun projectionI am using the Trend Based Fib Extension so that we can get an idea of where Kin could possibly hit certain price zones based on fib numbers. Of course, this could be wrong but Fibonacci zones are crucial in making some kind of connection with a future outcome. I am still bullish on Kin reaching a possible $0.01 price target but more conservative at $0.005. Notice that I have February as the possible sell-off dates for Kin and I base this on the previous historical information on the bear cycle from 2014 and 2018. When we reach a peak for Bitcoin the Altcoin go absolutely parabolic and this is what I see happening in February if Bitcoin Peakes out on January 3rd of 2022. What we do know is that when Bitcoin peaks out we usually have between 3 to 4 weeks of parabolic price moves in the Altcoins.
PFE to ATH PFE has been following the highs and lows on this bullish run with last bullish run to a T. Some of my most successful plays have been from finding these patterns and trading them. On top of that, the correction on PFE pulled back to the 78 fib line which is very healthy after a big run like it had. I am still very bullish on the next month for PFE and am anticipating new ath next end of month into dec.
A look into Ethereum's 200 daysNOT FINANCIAL ADVICE - Just an education tool for my trade setups ;D
This is an ETHUSD (Binance) Daily chart that will be dissected and summarised for what I think is the likely path of least resistance in the next 7-21 days.
Fib Speed Resistance Fan : 0.886 now Support after 1xFakeout and 1xRejection
Fib 0.618 Levels : Broke and promptly bouncing out of 0.618 Fib resistance: Bulls winning. Heading towards 0.786 Fib levels ($4005).
Area of Confluence : Bears previously lurking around $3348 unable to drive price down. Heading towards next AoC, where '$3811' Bears reside.
20 Days EMA (red line): Bouncing off strongly on the 20 Day EMA.
MACD : MACD line is bouncing off signal line, after almost threatening to go under: Bullish.
RSI : Bouncing of 0.5 levels. Ample distance to climb into Overbought territory, but signs of lower Highs may indicate structural weakness in buying pressure.
VOLUME : This isn't a Wyckoff study, but the macro view here is relatively weak. Short term view is showing strength, as smaller amount of buyers need overcome sellers: sign that retail (low volume) is gobbling supply, while Composite Operator (CO) dumps at designated peaks to test retail's appetite.
SUMMARY:
$ETH is showing stubborn resistance to go down and it looks like the Bulls are winning in the short term. However, there are strong suspicions that it looks like this rally will be cut short at the Bears' whim.
When an asset's price is essentially 'supply vs demand', the last point that looked at Volume analysis points towards a possible rigged setup that the CO is playing. Intermittent selloffs by CO has failed to deter the Bulls nor whet the Bears' appetite, allowing price to continue rallying, despite the macro economic outlook not looking too sexy in the near term.
VRA/USDT Trend ContinuationJust my thoughts on targets for next phase of VRA trend continuation, using fib levels. KUCOIN:VRAUSDT
Next Memecoin to go through the roof? $FLOKIAn, admittedly, not entirely serious, analysis, after all, we are talking about a Memecoin.
Even if this culture goes against everything I've learned about the market, you can't ignore it.
I'm in since yesterday and I'm at 100%, but I'm convinced (almost unfortunately) that Floki will go the same way as Doge or Shiba did ( or will still go, in the case of Shiba, that's not over yet in my opinion).
I will buy again at the yellow line.
EVEN IF THIS IS ALWAYS TRUE, HERE ESPECIALLY:
THIS IS NOT AN INVESTMENT RECOMMENDATION!
BTC - Weekly ShortAfter some manipulation around ATH, this short looks solid now.
We had a bearish candle close and also created an upper wick on the 25th.
Now we are breaking the low of the previous candle which should continue lower.
Will be putting money on this for sure.
The fib is from the Monthly chart.
Bitcoin update. Momentum was there and the spot light is shining brighter on Bitcoin every day. A blast from support at 44k brought us just barely to new all time highs. I'm my opinion the world is too afraid to buy at all time highs as strongly as sellers are willing to part. The flash crash on binance is proof that the space is still the wild west, and until there's some sort of security, big money is tepid at best to enter, in my opinion. A dollar cost average approach would seem the safest, so I can see a steady gradual rise in acceptable price for Bitcoin, but huge pumps like this are usually orchestrated by crypto whales, and after the shorts are liquidated and new money comes in at these highs, Bitcoin loves to pull way back to cause capitulation.
Thusly, I could see a retest of the 53-49k levels, with liquidation hunters poking below that as well. A good entry for bull market continuation would take the volatility we can expect from the wild west of finance in to consideration.
There's no doubt in my mind that Bitcoin will achieve some sort of grand use case scenario eventually and be hundreds of thousands of dollars per. It's definitely not going away any time soon, or ever for that matter, unlike other forms of currency and the governments that back them.
ETH- Double Top at Supply Level- UpdateMixed emotions on ETH here- Double top formed on the daily timeframe right at an RSI-Based supply level as well as a bearish ABCD Harmonic pattern formed on the 2 and 4-hour timeframes (2-hour Chart Below). RSI overbought on every timeframe besides the daily timeframe, which is nearing overbought territory as well. However, does seem to be forming a larger ascending triangle, likely will see a bit of a pullback and some consolidation before another push to new highs. Bearish short-term, very bullish long-term- Just some FIB levels and RSI-based supply and demand zones to keep an eye on **See Previous Charts Below**
2-Hour
Previous Charts
F pullback initiatedentered F 15.50p 11/12 @0.28
~We bounced off a double top
~RSI divergence like the pullback in June
~We are also seeing a similar pattern back to back
✅ Phase 1: a downtrend
✅ Phase 2 an steep upside down cup
✅ Phase 3: a nice strong uptrend impulsive move.
Using fib and zones I have PT at 15.50, 15.13, 14.60. We could see a pullback to 13.43 as well, but I probs wont hold that long. 14.60 is my last take profit, as it is the 0.5 fib line
AMAT go ZOOOOOMAMAT is bound for a strong impulsive move
✅ Phase 1: a harsh pullback
✅ Phase 2: a period of consolidation
✅ Phase 3 : an impulsive move to the 0.61 line of the pullback move
❌ Phase 4: another consolidation perdiod: Skipped
✅ Phase 5: a drop to the 0.38 line of the fib retracement
🤩 Phase 6: Back to the top we go
Bitcoin support and resistanceFib pulls can give us an idea of levels to watch for during price discovery.
Gap Fill- BullishWatching PINS closely here- Sold off after earnings, patiently waiting for a good entry- with a catalyst or an increase in buyer volume relative to seller volume should really pop- will be looking for a breakout broader market conditions permitting. Bullish, just some FIB levels along with some RSI-based supply and demand zones to keep an eye on.
- Big gap to fill on the upside
- Oversold on the RSI
- MACD is seemingly about to cross
PT1- $57.20
PT2- $58.85
PT3- $60.33+ Breakout
SPY- Potential reversal & key levels to watch (Update)SPY looking pretty bearish here (See Previous Charts Below)- Some FIB levels and RSI-based supply and demand zones to keep an eye on-
- Bearish Butterfly Harmonic Pattern Formed
- Decreasing Volume on the 4 hour, daily, and weekly timeframe
- RSI in Overbought Territory
Previous Charts-
GOLD Short idea (Could go higher before falling)Gold may still continue to clime before its fall however gold is set to fall within the next week reaching what i believe to be a high for gold sending it into a downward trend when it finds resistance after the drop from 1800
Falling Wedge- BullishBig falling wedge on YOU here along with bullish hidden divergence on the RSI- will certainly be watching for a breakout, very bullish, just some FIB levels to keep an eye on in the meantime
Bitcoin - 2H SellsCurrently at 78.6% fibonacci retracement on the intraday timeframes.
Entered this morning now back to entry adding to position.
Bitcoin - Monthly ChartLong-term view of this pair, still waiting for regulations.
Would be a perfect reason to crash this as its being pumped by USDT.
BTC to $100k ? Price and target predictionsThis is a quick review on btc price movement and price prediction of what to expect once the all time high is taken out. I personally believe that the ath will be taken out pretty soon as the bearish invalidation has been taken out.
Lets plan for the worse but expect the best.
The King is bacl
Google - DailyIf the 61.8% retracement holds up at the support, a good chance that this will continue upwards.
Will be watching this stock in case this does hold.
We have an interesting week next week for fundamentals / news.
Amazon - DailyA fib drawn from the last high to the last low on the daily shows the 61.8 lining up with the top of the range.
Unsure if 78.6% retracements work for stocks so this is a test for now.
If we reach the extensions before pulling back then 61.8 is the ideal level to enter.
AMD short opportunityAMD: Using fib retracement, after an impulsive move a pullback to the 0.5, 0.618, or 0.786 is very likely and healthy in an uptrend.
~ Golden cross happened on the 11th signaling the start of another uptrend.
~ on the 11th AMD did a similar but smaller sized impulse with a pullback to the 0.786. This helps visualize the theory of fib
~ RSI on the hourly has a lot of room to "dump"
Moment of truth - BITCOINHello dear crypto friends!
New all-time high or bear market after all?
No idea. All I know is that all of Twitter is bullish again and influencers are summoning the moon.
Whereas the last remaining bears are looking for explanations.
So what to do?
Keep it simple!
What do we see?
Major Gann resistance for next week, price marked.
And what else is there?
Right, the 0.786 FIB level, which Bitcoin loves for corrections.
I'm not a perma-bear, I'm just saying that these two resistances should be overcome before we dream of a new ATH.
Stick to facts.
Thanks and good trades!
