Fib
🚨$DJT: It's Not Over Yet! 🚀🚀🚀Hi everyone,
Despite a significant drop of 21% today, our indicators suggest the downtrend might not persist. A rebound above the daily level could signal a bullish trend, potentially leading to a weekly cross above the monthly. This could aim the price towards the $63 mark, aligning with the 0.618 Fibonacci resistance level. Conversely, if the price dips below the daily level, the monthly level could offer support. Let's see where this goes in the next few weeks.
Good luck!
$GME: 🚨Most Important TA Ever Part 2 Heading Back to $14🚀🚀🚀Hi everyone,
Financials
GameStop is in an exciting phase of transformation and financial stabilization, as shown by its latest financial report. The company has successfully turned a significant loss into a net income, indicating not just resilience but strategic navigation through market challenges. A standout is the positive shift in EBITDA to $64.7 million, signifying GameStop's improved operational efficiency and ability to generate profit from its core activities. Despite a dip in net sales, GameStop has showcased excellent cost management and maintained strong liquidity. This, combined with strategic leadership enhancements, positions GameStop well for tapping into the evolving gaming and retail sectors. For investors, the improvement in EBITDA is a positive sign of GameStop's growing ability to fund operations, invest in growth, and potentially offer shareholder value from its main business operations, rather than relying on financial maneuvers or asset sales. This makes GameStop a compelling investment choice for those interested in a turnaround story within the dynamic retail and gaming markets.
Technical Analysis
Every time GameStop has made a double bottom, there has been a significant rebound to the upside.
May '21 + Aug '21 (+80%)
Mar '22 + May '22 (+149%)
Jan '23 + Mar '23 (+79%)
Nov '23 + Apr '24? (+?%)
The indicators continue to show a bearish trend, suggesting a potential further decrease in price. NYSE:GME recently touched the 0.786 Fibonacci retracement level. If positive news or market actions occur, there's a chance for a rebound up to the daily resistance.
Downside PT: $10.68
Upside PT: $14 and $15. (Price needs to stay above $12.78 for this to potentially play out).
Will be updating this as it plays out.
All the best!
Good luck and not financial or sexual advice. :)
Will MATIC move towards $1.6Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2 as wave 4. The condition is that the price will rise above 1.54usdt. The second scenario is a flat ABC correction, where the condition is that the price increases to the red zone without breaking the top of wave 1 and falls to the green zone as wave C, ending the correction, after which I assume increases. Regards.
From Leonardo to Trading: The Evolution of Fibonacci LevelsIn the labyrinthine landscape of financial markets, where volatility reigns supreme and uncertainty lurks around every corner, traders seek reliable navigational tools to steer through the tumultuous waters of price movements. Among the myriad techniques at their disposal, Fibonacci analysis emerges as a stalwart companion, offering a nuanced understanding of market dynamics rooted in mathematical precision. In this comprehensive exploration, we delve deep into the multifaceted realm of Fibonacci levels, unraveling their historical significance, evolutionary trajectory, practical applications, and the diverse perspectives that shape their interpretation.
Tracing the Roots:
To appreciate the profound impact of Fibonacci analysis on modern trading methodologies, a journey back in time to the 13th century is warranted. It was during this epoch that Leonardo of Pisa, known colloquially as Fibonacci, unveiled a numerical sequence that would transcend mathematical realms and find profound resonance in the domain of financial markets. Beginning with 0 and 1, each subsequent number in the sequence is the sum of the two preceding ones, laying the groundwork for a sophisticated understanding of market movements rooted in the natural order of mathematics.
Evolution in Financial Analysis:
While Fibonacci himself might not have envisaged the application of his sequence in financial markets, the 20th century witnessed a paradigm shift as visionaries such as Ralph Elliott and Robert Prechter pioneered its integration into trading methodologies. Elliott's Wave Theory, with its emphasis on repeating patterns and sequences, forged an intriguing connection with Fibonacci numbers, laying the groundwork for a symbiotic relationship between mathematical principles and market analysis. This union catalyzed a renaissance in technical analysis, ushering in an era where Fibonacci levels became indispensable tools in the arsenal of traders worldwide.
Unveiling Fibonacci Retracement Levels:
At the heart of Fibonacci analysis lies the concept of retracement levels, a cornerstone of technical analysis that echoes the natural order observed in the Fibonacci sequence. These levels, including 23.6%, 38.2%, 50%, and 61.8%, serve as pivotal markers in identifying potential zones of price reversal, offering traders valuable insights into market sentiment and trend dynamics. By applying the Fibonacci retracement tool to significant highs and lows, traders gain a nuanced understanding of market psychology, discerning the underlying rhythm of price movements amidst the chaos of market fluctuations.
Venturing into Fibonacci Extension Levels:
Beyond retracement levels, Fibonacci extension levels offer a panoramic vista into the future trajectory of price movements, illuminating the path for traders seeking to navigate the complexities of trending markets. With extensions such as 161.8%, 261.8%, and 423.6%, traders can delineate potential targets for price continuation after a correction, harnessing the mathematical harmony inherent in the Golden Ratio to set profit targets and manage risk effectively. These extension levels, rooted in the timeless principles of Fibonacci analysis, serve as guiding beacons for traders navigating the ever-shifting tides of financial markets.
Practical Applications and Precautions:
While Fibonacci levels furnish traders with a potent framework for analysis, it is essential to exercise caution and supplement Fibonacci analysis with corroborating indicators and risk management strategies. By integrating tools such as Moving Averages, Relative Strength Index, and candlestick patterns, traders can enhance the robustness of their trading decisions, mitigating the inherent uncertainties of financial markets and maximizing the efficacy of Fibonacci analysis.
A Tapestry of Perspectives:
As we reflect on the journey of Fibonacci levels through the annals of financial history, we encounter a tapestry of perspectives that weave together to form a rich tapestry of knowledge and insight. From Larry Pesavento's exploration of harmonic price patterns to Philip Carret's pioneering work in long-term investing, the legacy of Fibonacci continues to inspire and guide traders in their quest for market mastery. These diverse perspectives underscore the enduring relevance of Fibonacci analysis in an ever-changing landscape, reaffirming its status as a timeless ally in the pursuit of profit and prosperity.
Conclusion:
In conclusion, the comprehensive exploration of Fibonacci analysis reveals its enduring significance as a cornerstone of technical analysis in financial markets. From its humble origins in the mathematical treatises of Leonardo of Pisa to its integration into modern trading methodologies, Fibonacci analysis embodies the timeless principles of mathematical harmony and market psychology. As traders navigate the labyrinthine paths of price movements, they find solace in the elegant simplicity of Fibonacci analysis, a steadfast companion in their quest for success amidst the ever-shifting currents of financial markets.
Thank you for reading! I hope this article proves to be interesting for all of you!
BTBT: Push to $3.36 🚀Hi everyone,
If BTBT manages to maintain its current price levels, we're likely to see an upward move towards the $3.36 mark, aligning with the monthly indicators. However, if it drops below this week's level, expect to find support between $2.52 and $2.59.
Wishing everyone good luck!
$GME: 🚨 $21 next target 🎯Hello everyone,
Hope everyone is excited as I am for this next move up. If NYSE:GME is able to break above $15.81 and hold it there with a 4hr or daily close, then price should move up towards $21. Conversely, if NYSE:GME fails to break above and hold above those levels, then NYSE:GME will fall down to the $12.40 area with a hopeful bounce at $13.50.
Overall, I'm still bullish on NYSE:GME because the indicators suggest it is still in a bullish configuration. Since my last post where I forecasted a pop to $15.76, NYSE:GME may retest $15.05 before bulls take over and break above $15.81 to make the move to $21.
Good luck, everyone! As always, not financial or sexual advice. 🚀 I will try my best to update this post once we see some action on either side.
$GME: 🚨Small Pop to test $15.76Hello everyone,
Welcome back to another NYSE:GME analysis. Last time, I mentioned that NYSE:GME will bounce between $13-16 before earnings. If there is a daily close above $14.27, price will head to the first PT at $15.76. Above this, NYSE:GME should test $21.72.
As always, not financial or sexual advice 🚀
Good luck!
Btc is Channling on Fib Line Last chance to get 50k btcAfter an incredibly Impressive 25% Run btc is channeling on the Fib Line .786
It looks to have made a tripple bottom on the .78 as well on the 4 hour time frame.
It Looks Like We've Had Our Drop and we're starting to continue back rushing to that all time high as there isn't enough selling volume to really convince me that it's going to keep pushing down any further.
This is the last Chance to get a 50k BTC!
Also Bitcoin Came up on our Breakout Finder Thursday
Tracking Technicals Breakout Finder,
📈 *Symbol*: `BTC/GBP`
✅ *Qualification*: All MAs within 1% of MA7.
💰 *Market Cap*: `$1,007,232,196,139.76`
Tracking Technicals Breakout Finder,
📈 *Symbol*: `BTC/TUSD`
✅ *Qualification*: All MAs within 1% of MA7.
💰 *Market Cap*: `$1,007,232,196,139.76`
Tracking Technicals Breakout Finder,
📈 *Symbol*: `BTC/USDC`
✅ *Qualification*: All MAs within 1% of MA7.
💰 *Market Cap*: `$1,007,232,196,139.76`
Tracking Technicals Breakout Finder,
📈 *Symbol*: `BTC/USDT`
✅ *Qualification*: All MAs within 1% of MA7.
💰 *Market Cap*: `$1,007,232,196,139.76`
After a 300% Run Mind has Retested and Gearing for More!First caught my attention by the scanner
🔎 *Symbol*: `MIND/USDT`
📈 *Signal*: `Long`
💲 *Current Price*: `0.005523`
🛑 *Stop-Loss*: `0.0029251700000000004`
💰 *Market Cap*: `0`
🚪 *Entry Prices*:
📥 Entry Price 1: `0.00422966`
📥 Entry Price 2: `0.00476767`
📥 Entry Price 3: `0.0052025000000000005`
📥 Entry Price 4: `0.005637329999999999`
🏁 *Exit Prices*:
📤 Exit Price 1: `0.00845267`
📤 Exit Price 2: `0.00932233`
📤 Exit Price 3: `0.01073`
📤 Exit Price 4: `0.01213767`
i realized this coin doesn't have an extensively long history, in fact it's very brief. But Recently We had a 300% Run. After that we Retested heading all the way down close to where a stop loss would be considerable at the bottom Fib Channel. On the other hand after a 300% a Correction is not only expected it's required.
Here are the the multiple reasons we'll Consider
MIND
a Continuation
We Have a Huge Breakout and the Swing Low Following Stayed above .213 Fib on Extension
Shortly After the Moving Average Providing Support Moved up through the Fib Channel it was Wicking toward during Correction
When ADX bottomed and turned around, the MACD Failed to break the signal line and signaled a buy now showing Strength
Sei is looking Incredibly BullishWe're Currently at the last swing high after a health correction testing back to the .618 fib
We can see the 50 Day Moving Average came up and hugged against the fib line & moving average simultaneously.
Sei is one of the Most Bullish Projects to date as it seems with no intention of stopping.
Prices to consider according to fib ranges
1.36
2.14
2.92
3.41
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OM Still has another 300% to Go Easily!Well now we see why this coins been on our radar since october. And it has no intention on stopping obviously. don't sleep on OM, the macd refuses to make a bearish cross, we're blowing past fib lines and consolidating without having real breakdowns. This is a definition of bullish
📈 *Name*: MANTRA
🔖 *Symbol*: OM
💲 *Price*: $0.15
📉 *24h Change*: -1.52%
📊 *7d Change*: 45.33%
💰 *Market Cap*: $117905688.24
🔄 *24h Volume*: $113588711.16
🏷️ *Tags*: defi, dao, kenetic-capital-portfolio, exnetwork-capital-portfolio, polygon-ecosystem, bnb-chain
🔎 *Symbol*: `OM/USDT`
📈 *Signal*: `Long`
💲 *Current Price*: `0.14608`
🛑 *Stop-Loss*: `0.06862956`
💰 *Market Cap*: `116161551.11797963`
🚪 *Entry Prices*:
📥 Entry Price 1: `0.11573043999999999`
📥 Entry Price 2: `0.13029978`
📥 Entry Price 3: `0.142075`
📥 Entry Price 4: `0.15385022`
🏁 *Exit Prices*:
📤 Exit Price 1: `0.23008978`
📤 Exit Price 2: `0.25364022`
📤 Exit Price 3: `0.29176`
📤 Exit Price 4: `0.32987977999999996`
🔎 *Symbol*: `OM/BTC`
📈 *Signal*: `Long`
💲 *Current Price*: `3.43e-06`
🛑 *Stop-Loss*: `1.6154e-06`
💰 *Market Cap*: `116161551.11797963`
🚪 *Entry Prices*:
📥 Entry Price 1: `2.7166e-06`
📥 Entry Price 2: `3.0572e-06`
📥 Entry Price 3: `3.3325e-06`
📥 Entry Price 4: `3.6078e-06`
🏁 *Exit Prices*:
📤 Exit Price 1: `5.3902e-06`
📤 Exit Price 2: `5.9408e-06`
📤 Exit Price 3: `6.832e-06`
📤 Exit Price 4: `7.7232e-06`
FRR Looks amazing on the 4 hour chart! .5 fib bounce MACD BuyWe have the EMAS Crossing above the signal line on the 4 hour chart, that's a very buillish sign and exactly what we want to see for bullish continuation.
We also Bounced of the .5 fib when we consolidated momentarily which is another extremely bullish sign.
We are very impressed by the buying prescience in volume with this one. Volume definitely is at it's highest when buyers are showing face!
Comment your thoughts!
Don't Forget to Follow for More!
pivot + daily: jan 29, 2023day pivot + OTE ZONE
long
im kinda sleepy so i dont have the words right now.
it's just that the market just ticked towards the upside and i'll probably lose the short entry i had last time,
but hopefully not before allowing me to pick the market here first on this pullback(possible)
THE METHOD : A RELIABLE, REPEATING, CONSISTENT CRYPTO PATTERN I have an archive of screenshots of this, going back years.
After my crypto baptism of fire, using all the money I'd earned from my first international art sale, knowing nothing and choosing leveraged trading for it's potential returns, I initially set out to find the perfect pattern that I thought I sensed when I looked at a financial chart for the first time.. And yes.. To recover my initiation fees also.. I lasted all of 4 hours.. But I was hooked..
This is my ongoing account of what I found and how it all fits together to explain visually and without any "it kinda works" theories.
It's clear as day, and it blows my mind every time I see it.
Will keep posting new ones as they occur. Please note that I'm not on a pattern hunt. I'm only tracking them on the coins I'm interested in at the time..
Currently: BIGTOE