SNAP just got dumped on last earnings report. It has since been testing a most important level. Tight confluence of two Golden fibs marks the spot. $ 11.72-11.76 is the exact zone to be held. $ 13.16-13.35 will be first serious resistance. $ 15.99-16.29 would make a nice final target. =============================================
EURUSD is currently displaying characteristics indicative of a Crab Harmonic Pattern (XABCD) formation. This pattern is observed alongside a significant trendline, adding further confluence to our analysis. Key Levels and Fibonacci Retracement: Point D of the Crab Harmonic Pattern coincides with a key resistance level, accentuating its significance....
I've put a lot of thought into this one. This chart is in log mode as the wide range of prices covered are smoothed and reveal the potential true picture. I give a primary bullish scenario but caveat with multiple different potential outcomes given certain price actions. Trade at your own risk. As you can see, PLTR put in a significant top near the 61.8%...
The CHFJPY pair is currently exhibiting a significant technical pattern known as a Bat Harmonic Pattern (XABCD). This formation is characterized by specific Fibonacci ratios between its key points, indicating potential trend reversals. Key Points of the Bat Harmonic Pattern: - Point X: Represents the starting point of the pattern. - Point A: Marks the...
-21/200 MA closing on Daily - Fibonacci Extension Embark on a mystical trading quest with a unicorn-inspired strategy, blending neutrality, Fibonacci analysis, and DeFi's decentralized treasures. Adopting a neutral stance akin to a wise unicorn, traverse the enchanted market forests with clear-headed adaptability. Harness Fibonacci retracement levels, ancient...
Sei looks like an enormous upside here at this key zone. I have updated a new daily fib retracement. The next downside target is 39 cents but altcoins might stabilize here. Little nibbles around current price seem like a great opportunity. Averaging down to 39 cents could result in at least a 10 bagger over this cycle imo.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
another entry on oil has taken form. Price has pushed down significantly down to its entry of the fib level of 88.6. Entering here and have my TP set at its previous higher high.
XBI is pushing back into strong resistance in the range on 96.5 - 100. Looking for a higher high with momentum divergence to setup another round of weakness.
😱If you believe in fairy tales that CRYPTOCAP:XRP can be worth $10 , then please prepare your psyche for the reality that #XRPUSDT has every chance of dropping to $0.20 Now, after a cold shower, let's take a look at the chart. According to the wave analysis, there is no final answer yet: has the bottom of wave -2- already been reached or is it still...
What are you expecting on NADAQ Prices , i m expecting short term pullback to test the supply zone then a sell at 18k , wait for good entries.. use lower timeframes for possible entries.
Trend - On the weekly chart: Still within the large uptrend channel since January 2023. - On the daily chart: The minor uptrend channel since October 2023 was broken with moderate volume. - Although the long-term uptrend remains intact, the short-term momentum may be pausing. 100% Symmetrical Projection: Uptrend “N” Patterns - There are two price...
Nifty and Bank Nifty analysis and trade plan for tomorrow, Friday. 19th April | #nifty #nse
If market open near to 47914 with High gap up opening then we can sell directly because it is selling zone Then it can touch 47533 If market sustain below 47433 then it will be bearish and after this it will touch 47131
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...
Good morning Traders ☕️ So, yesterday I decided to play it safe and skip calling the trade since it was dancing right around my zone but didn't quite step into it. 🤝 But next time, I'll give you the lowdown with a little disclaimer if I hop in a tad early. 🙏 Anyway, onto today's setup on the 1-hour timeframe. Gold seems to be doing its thing, just hanging out...
Bull trend at a Cliff's Edge here. Next support is a good ways down. Current support probably tapped. . 52.8k retest was always expected: . Check the "Related Ideas" below for the step by step mapping of the top.