Very high goals, first goal of 1000, Then 16000 and higher levels, based on Fibonacci and price action. Shiba seems to be able to have a strange growth like in the past, up to 1000. Then 16000 and higher levels, based on Fibonacci and price action. , up to 2200, 5000.
I believe we are seeing a possible double top bearish pattern forming here. From head to bottom would give us a price of $25,303 shown on red dotted line plus intersecting with the two hour 200 moving average (white dotted line). Also, we have some serious pressure on the fib channel where Bitcoin is not trespassing.
Looking for a good entry on ADA on the bitcoin pair: Goal is to outperform bitcoin this coming bullrun.
Started with drawing some trendlines - cloned the best fitting ones to get the channels to appear.
i have drawn 3 fib channels - the middle one is the impulse structure which i have cloned to current price as of March 23rd. If ADA breaks out - best case...
Fib channel support and resistance levels. Give a current indication as present, of probable low. For bullish momentum, key level 22,800 fib 0.382 fib Resistance Fan 0.75 (Fib fan Massive!)
Pretty obvious for me to go in.
1. We have fib channel multiple tops
2. We have breakout at gann fan to middle part which indicates correction start
3. RSI trend channel already started uptrend movement with current stop loss killer is another signal to buy
Similar predictions / strategy:
2Hour Chart - UTC+1
My best effort attempting to draw a trading range that the price if currently retesting to enter back into the range. Will create a separate chart idea for a possible trading range should we continue to the upside.
Trading range:
Bottom 21,500 Top 24,300 and Middle 22,900. At the time of writing, possible retest of the top of the range....
2Hour Chart - UTC+1
My best effort attempting to draw a trading range that if the price breaks what I think is the top of the previous range, will form a new range.
Trading range:
Bottom 24,300 Top 28,400 and Middle 25,700. At the time of writing, possible retest of the top of previous range. Having hit the weekly at 24,295 could possibly be a signal that we...
Here we take a look at BTC heikin-ashi candles on a 3 day timescale,
the 1 day simple moving average with a length of 300,
and a fibonacci channel,
all on the logarithmic price scale.
Of note, is the candle behavior in relationship to the 300 SMA,
before and after BTC reaches its' peak during the 2013 and 2017 bullruns,
and how that behavior can be analyzed...
Based on -0.618 support level. Possible play out with support and resistance. Obvious support -0.618. Mid level resistance -0.236 and 0 fib. Upper range 0.618 with a support back to -0.236.
Also 2 Fib channels. 0.618 the bottom of the first upward channel.
This is a Bullish bias, use -0.618 as a support level.
Since BTC hit 20k in 2017 its only appropriate that ETH goes for 20K following 2022
Situations in Green boxes are very similar
The first box however is a lot more aggressive growth than I expect
At this point in time we still need to confirm our ST - but as we are currently highly oversold I'm expecting a bounce here.
According to Wyckoff, this bounce should then bounce us all the way up to the AR level - after which we expect to fall down and ignite that spring reversal.
I'm expecting the spring to be around the 20k level as it will break the 200 weekly...
Hello Birdies, BTC on the fib channels and what it is showing.
Let's talk about the blue line first BTC twice hit that line and shows a fall of 7%-9%. RIght now it is trying to break it again once it is broken, there is a resistance ahead
This resistance previously was a support but BTC unable to hold it and fall from it 3 times the last time it join hands...
BTC making bear flag and also we are seeing strong resistance on fib channels.
The support are turning into resistance so a retest and more downside is coming.
Entries are on chart.
