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Fib

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.
BINANCE:ETHUSD
by googooboyy
4
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!
Long
by UnknownUnicorn9344165
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.
BITMEX:XBT
by Fall0ut0fTh15
2
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
KRAKEN:ETHUSDShort
by jacobosiason7
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
NYSE:PINSLong
by jacobosiason7
4
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!
BNC:BLX
by UnknownUnicorn9344165
4H $FANTOM #FTM UPDATE4H $FANTOM #FTM UPDATE $FTMUSDT Fantom Foundation FUNDAMENTAL: 1.We're extremely excited to announce that Fantom will work with OJSC Orienbank to trial a CBDC for Tajikistan. The solution will also use @AndreCronjeTech Iron Bank protocol to enable seamless, low-fee foreign exchange. 2.Announcing a 370 million FTM incentive program for builders! If you're a protocol team, we'll reward you for sustaining and increasing your TVL on Fantom. Start building today! #buildonfantom
FLong
by Fattah_Roshnfekr
3
NANO Doube Fib Speed Fan plus FractalHello you all! I hope you are all well. For the last 4 days, we saw the price of NANO USDT decreasing and this gives me a good fractal to grab hold to. What I mean is that at the beginning of the last cycle we got a succulent dip which culminated in that nice pump we saw 16 apr `21. After the dip the price raized and then we saw a dip of about one week before the pump. Right now we saw a dramatic dip which may indicate that the cycle may repeat, at least at some level of similarity. Alright. So now we are on the 4 day of the dip, but it seems to me like this movement is a bit more extended than the last one, which means that it could take more than a week for the dip to dip before the potential pump. These last 4 days of going down gave me a good target for me to place this fractal a little more accurately. I like how the fractal fits the automatic fib fans by DGT available for free here on trading view. I hope this was clear enough hahaha Nice ride you all.
N
by Alexandre-Perrella
2