Technical analysis COTI is starting something huge. The downtrend is over, as you can see on the chart. COTI ended the downtrend with a descending parallel channel. A retest of the channel has already happened, so there is no reason to go down anymore. It is always important to take a look at the volume indicator, and as we can see, the bullish volume is very...
Hello everyone! I believe we have a good opportunity to buy #XLM and earn up to 44% profit. Entry at 0.236 Fib (0.1182$) First target - 0.1529$ Second target - 0.1712$ This is not financial advice, everything you do, you do at your own risk!
It is placed on the support and a good point of Fibonacci
It appears we are nearing or are at "Fair Value" for the time being but in my opinion we could over extend if this Elliott Wave is correct so I expect short term volatility!
Yesterday EURUSD started correction after the sharp drop. The correction has reached 38,2 but still no reaction from the level and no entry grounds as well. The next level we’re watching is 1,0760 (61,8 Fibo). On a rise to this level and a pullback we’ll be looking for sell opportunities. The first support level is 1,0700. The sell idea is break if the price...
CME_MINI:NQH2024 - PR High: 17881.50 - PR Low: 17865.75 - NZ Spread: 32.25 Key economic calendar events 08:30 | Initial Jobless Claims - Retail Sales (2x) - Philadelphia Fed Manufacturing Index Maintaining Tuesday's range - Holding prev session highs Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR:...
I have go the 14450 as the next major target level from the Fibonacci level. Current major resistance of all time high is broken. By looking at height of the fibonacci level, I can say that price may move aggressively. For educational purpose only. No recommendation.
AMEX:SPY February 15, 2024 15 Minutes. The gap on 13 February did not allow me to go long on 14th February as I was not supported by parameters. Since 478 levels gave an opportunity to short, supported by a gap up, I shorted at 496.5 levels and covered at 495 levels as the gap was not getting filled, indicating bullishness. Considering the rise of 490.72 to...
Bitcoin Rally Unleashed: Hitting All 6 Targets, Eyes Fixed on the Future! 🚀📈 Overview: Bitcoin's unstoppable surge as it triumphs over all six targets since February 10th! The ongoing uptrend is crystal clear, especially on the 15-minute chart. Technical Signals: Another double bottom on RSI intensifies the bullish sentiment. My entries are strategically set at...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 17/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our...
Overview Microsoft ( NASDAQ:MSFT ) appears to be within an ascending channel and has reached the resistance line that coincides with the peak of an impulse wave (Wave 3). Utilizing the impulse waves within the channel, a price target of $395 seems probable and may provide a decent Puts trade. If the ascending channel provides textbook formation then a low of...
Happy Valentine's Day everyone! The past 24 hours have indeed been great for $SHIDO, as market cap increased from 98m FDMC to 127m FDMC as of this writing. $SHIDO continued to range in the zone identified in our last analysis, for 19 days of consolidation. Price action has respected the 61.8% retracement level as February nears mid month and the anticipated news...
Kaspa Coin Quick Play: Fib Retracements and Anticipating the Surge! 🚀📈 Overview: Eyeing an opportune entry in the Kaspa coin rally! Considering Fibonacci retracements, focusing on the 50-61% zone for potential pullback entry. Current levels at 0.14039 to 0.13987. Strategy: Waiting for a brief pullback for trend confirmation before making a move. The sweet spot...
The ADX Has Bottomed out showing we're soon to start rising and find strength in the upcoming Trend as well as currently Oscillators are traditionally performing better. The MACD has recently signaled a buy and we're cruising above the signal line. We're forming an ascending triangle with the price target taking us close to the next fib line more importantly...
In Wednesday, we saw the price was moving in range, that all is accumulate phase of market and already mark down ( Do Lower Low in LTF ), So wait and see price at Asian Session. it has a chance to move like a sideway up to go do correction wave 4 of 3
FOREXCOM:XAUUSD is leaving the range. It happened. Tuesday's news defines the medium-term outlook for the market and, amid selling pressure, the price reaches targets below 2000. Today we have no news, the fundamental background remains the same - negative for gold. The chart above clearly shows that the price is coming out of the consolidation phase and the...
BINANCE:BTCUSD confidently consolidates above 42K, thus forming an intermediate bottom, after which the price tests the currently important resistance 48234, but does not reach it and forms a rebound. Idea: BTCUSD → Consolidation after the rally. What's next? Earlier we discussed the importance of the 42K level, which was tested by the flagman for a long...
BINANCE:ETHUSD in the correction phase is testing the ascending support line, which divides the bullish trend into two planes. At the moment it is worth to pay attention to the level of high importance - 2300. This level was formed in the beginning of 2022 and has several confirmations, including the current consolidation, or rather the sawing of this area....