After an incredible run of more than 500% between Feb 24 and Mar 27, Ravencoin (RVN) has cooled off considerably. But once we're sure the top is in, we have a good chance to get the fib layout right. Switch to 2hr chart, click on the Fib Retracement tool and plot your lines from the lowest point, to the highest point. This sets up our fib lines. From a personal...
ENJ had a stellar run recently. Between Feb 24, and March 9, it went more than 500%. Now it's looking like it will give it all back.
There could be a good opportunity here to score a 10-20%+ retracement.
First line of support (minor): 1750 sat
Second line of support (major): 1000 sat
If it finds support at 0.786, look for a possible breakout from...
Previous analysis target 4888 (.5 fib)
S.S. 4 Hour Chart
V Below I have two 1 Day BLX(bitcoin liquid index) GANN charts based on previous low high and recent high...
So i took the fib timezone indicator from our ATH to our recent swing low and dragged it to the Last Swing Low before the initiation of the last bull run and it gave out some interesting results.
Each Time fib managed to almost perfectly correlate with a major price action and also a change in market sentiment.
I was actually quite shocked with this thought it...
What a week. Since the beginning of the week at May 6, XBT/USD has increased over 36%. Some say it is manipulation, others say that the bull run is in full effect and there is no looking back. While I don't personally disagree with either of those opinions (of course the crypto space is manipulated), we must still pay attention to long term trends! Last bull run,...
when price will come on 61.8 ratio of Fibonacci and support and price is already at 150 moving average just wait for good candlestick reversal pattern for a buy trade on bnbbtc and go for it ;)
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Using the fibonacci spiral and retracement i find out there's a upcoming swing while price will approach the yellow fibbonaci spiral, If i draw correctly it will be interesting it will happen..
please do share what your thought about this idea and let me know how i draw fibonacci spiral as i am also learning how to draw with it.
Bearish Bitcoin Analysis based on Elliott Wave Count, Fib Time zones and Fib Wedge tools.
The prediction is based on the fact that Bitcoin is still in ABC-Correction of greater degree and the last bottom hasn't been validated yet.
Imo, Wave-A of Grater ABC-Correction is finished and Wave-B is just formed. In more detail, this Wave-B is made up of corrective...