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Flying High ? FET/BTC target #fetchai $FET Here we see our weekly FET BTC chart from Kucoin . You'll notice that black arrow on my chart ? Pointing up towards the blue and yellow lines ? Those blue and yellow lines are an Indicator called the VPVR . And it's showing an area of confluence around that red line which is 5805 sats . That's almost twelve times up from where we are now near 500 sats ! It is not guaranteed, but 5805 on our VPVR indicator could definitely be a target for FET longer term .I don't expect this to happen tomorrow obviously but FET looks quite good for the whole year and there will be targets above 5805 also . But that could come later. You'll notice our .706 fib is also right above this area at 5967 . So this area appears to be a target area for FET and is definitely an area to watch . Keep in mind that there can be up and down along the way .
by shimmeringpath
6
XRP Weekly - End Of Feb OutlookThis shows the 2 scenarios I see playing out this month. I think we fill in the wick towards $0.66 either way, but once we see that we could either: 1. Continue higher breaking $0.80 and moving towards $0.95 - $1 If we see a high timeframe candle closes above the wicks at $0.77 - $0.78 2. Once we retrace back to $0.60, we slowdown again enticing more noobs looking to make a quick buck. A move back to $0.40 - $0.25 would be a great way to shake out more people who jump back in at $0.60+ The dominance chart also shows the same bullish move coming soon: Either way $1 - $2+ this year is inevitable at this point and they're rookie numbers. The use cases behind XRP are needed more than ever during a liquidity crisis. Once XRP comes to solve the liquidity crisis, supply v demand would make it much higher than $1 - $2
BITFINEX:XRPUSDLong
by jakedubbz
1
audusd - Sell time ? over heated ?With the RBA pumping more cash into the system (as with the rest of the world) and the USA finally moving on from a dramatic election/change of government, its interesting to see this charts starting to look more n more bearish - IMO 4hr chart A: crossing of 50MA below the 200 MA's, and price action firmly below all 3 MAs - Bearish sign B: 0.76 S+R & Fib-1 76% are close, making a bit of a zone. PA a bit sideways in here, recent break under 76% looking to retest now as a resistance level - bearish C: down trend on MACD peaks, swing from bullish to bearish coloring - Slightly bearish Daily chart Has risen way off the 200MA's, has formed a top near the 123% Fib-2 extension, and trending sideways since consolidating down towards the 0.76 S+R There is a Risk here that this support will hold on the Daily However, im thinking we may see a pull back towards the Golden Ratio of Fib-1 around 0.75 mark which is why I'm looking to go short around 0.7617 for the potential swing down to 0.75 Fibonacci Reference dates Fib-1 - 02/11/20 - 07/01/21 Fib-2 - 19/03/20 - 01/09/20
Short
by Nvstrive
1
AAVE in price discovery - LONG OPPORTUNITYAAVE is a relatively new coin with solid fundamentals. With it being so new their isn’t much historical data so we will have to rely on fib levels for a reliable entry and exit point. The Stock RSI is saying it is overbought, but the big volume spike is confirming that this move is legitimate. If you don’t already have a position, I would wait to buy in between the 1 and the .786 fib levels. I don’t think we will see it drop to the .786 so when the RSI comes down below 40 I would enter there. Entry - $400 SL - $362 T1 - $540 (R/R - 3.38 ) T2 - $590 (R/R - 4.64 )
Long
by c4iv
Bitcoin. Consolidation Before a Push Higher?So far Bitcoin has been respecting my trendlines and Fibs very well. See previous idea It's a bit insane, but we may just essentially be consolidating here before pushing higher past the last Fib extension without any real longer retrace. Nothing can be said until 2 days from now when this weekly candle closes. - If we close within this area of the Fib and the trendline, it would be very bullish and I would expect price to push up next week. - If we fall below the 3.618 Fib, I expect we move back down to the green trendline.
by PoorTomTrading
Blue Skies For Algo This Year ? ALGO/BTC #algo $ALGO #Bitcoin Here we see our weekly ALGO Bitcoin chart . It's looking extremely nice for upside as it already hit a TD Sequential 9 in red and has gone up . You will notice the last resistance here above us seems to be near 6500 sats on the weekly chart and the last resistance on the daily chart is near 9153 sats which is also near the .236 fib . When we get above these levels we will be in price discovery mode - which is also known as " Blue Skies " . or a Blue Sky Breakout . Because there would be no more resistance above us to stop us ! This would probably bring us at least up to the .50 fib near 17600 and above that the .618 fib near 21600 . That would be at least 10x up from where we are right now - and possibly much more. Could be a Blue Sky year for ALGO !
by shimmeringpath
2
XRP 12H - Daily Bullish Wedge RevisedI have revised this wedge / triangle to suit the 12H timeframe which includes a solid fibonacci retracement. The price action did not abide by the previous post so amending it to suit the most recent high and lows makes more sense. If we zoom into the 4H we can see the 61.8 being respected and now the 78.6 being tapped to a T Should this hold and we see a solid 12H & Daily close back within the trendline / triangle, I would be very happy with this set up and a bullish move to happen going into Feb.
BITFINEX:XRPUSDLong
by jakedubbz