market just reacted from a monthly area of demand. we have daily confirmation. now a 4h entry opportunity is available if we can get a retrace my back to entry before valid hitting weekly or daily supply
Having swept out the buy side liquidity am looking for short term perspective after price creating a massive displacement followed by a fvg
54K seems to be the most likely support level on the 4-hour chart for Bitcoin/USD. After that 52K . A drop to 48K seems unlikely . But possible. A reminder that this is the 4-Hour Chart. If you zoom out, you will notice that Bitcoin is not yet in a bear market. Technical Analysis tools used: Volume, Ichimoku Clouds, Fibonnaci Retracement, Volume Delta,...
MCX:CRUDEOIL1! Weekly TF Crude oil had great ride from beginning of this year and paused from previous month. Fortunately this was necessary for having further movement. We can consider the previous month process was retracement thus by expecting further movement in upcoming weeks. Recent swing and bigger swings are at crucial level in Fibonacci retracement....
Let's face the truth which is Bitcoin moves on big whales' decisions ( Exchanges, Companies & Governments ). To sell a big amount of Bitcoins, you have to handle a buyer ( a Whale ) to negotiate the price and of course it all happens on exchanges. Most of small traders and investors have no idea of what will happen next months, all the data is being handled...
Just showing some geometry and levels that have proven relevant and I'm watching on the way towards halving. Currently sitting on a Pitchforkmedian as well as the EMA 89 on the daily, which also held the last significant low (though it allowed a short break below): Lower channel line which has shown relevance as support and resistance in the past, will it...
Possible bullish scenarios on Bitcoin. Where what most interests me is a hidden potential bear trap at the 57.5k mark, that is not much talked about. People talking about going to 53k if CRYPTOCAP:BTC breaks the 59k support is supper beneficial for bulls, since this might convince a lot of traders go short from there, and when price touches 57k a massive short...
FX:XAUUSD decreases volatility, smoothly moving into a consolidation phase before the publication of NFP. The market structure is bearish and the overall fundamentals are negative. What should we wait for? Today is quite a busy news day, but all attention is focused on NFP. The gold market is locally bearish and set for further decline. Breakout of 2295 and...
- Two critical support zones correspond with the 0.382 and 0.618 Fibonacci retracement levels of the entire swing from A to B, enhancing the significance of these support levels. - After two months of ranging, the price finally broke below the critical support zone as volume spiked, confirming the breakout and leading to a significant drop. - If the price does...
2024-04-22 Bitcoin in April The infamous nonevent halving has passed as expected. All this wasted energy and anxiety about pre- and post-halving crashes, volatility, wherever they said, it was all nonsense of course. There has never been a statistical or logical argument for any of it. All bullshit. Like Q-Anon. April did bring some trading anxiety, however, as...
NYSE:BA Boeing Shares had a volatile performance this week, with a decent uptrend rally on Thursday and Friday . This is my strategy: Using Bollinger Bands and Fibonacci Retracement, we see a slight trade volume and volatility increase as the price surpasses the SMA and nears the upper band. The price is at $179.79. We can expect it to reach a price...
Gold, Intraday -36 Min - Indicators with Fibs Overlay: Yes I'm bearish but there was some bullish price action at the end of the day. Notice that dip into lows . . . and then the subsequent rebound on the 36 minute chart that set the stage for a nice rally at the end of the day. . . That is an issue that we will need to work through in the early part of the week....
Gold, Daily - Indicators with Fibs Overlay: Let's assume that the long extension will fail as a result of the Daily short that has traded. This target is 2260.15 . . . we have intraday fibs that take us to nearly that level. We have been ranging just above support for the past 4 days, which does lead me to think that eventually the trend may be down on the daily ....
This is my idea. Ive used elliott waves as you can see it is C wave target to fibo 61 And it is wickoff pattern We will sell here and buy from bottom
Good is showing a week bullish RSI however every thing else is indicating another dip Hapy trading
Picture perfect fibnastics routine here. Pings ringing on each fib as she bounces. Dancing on Golden fib that may launch her. . Here is a snapshot of the full fib series: . See the "Related Ideas" links below for my methodology. . ==============================================================================================
Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...
The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC! It's also...