Corrections both lasted almost a perfect year. People are beginning to accept the 4 year cycle based on the halvening. 3 years of bullish action, 1 year of bearish correction. If the top trend line remains valid into the next bull run, there is a case for a 240k coin. This would land the price action somewhere between the 2.618 and 3.618 fib extension. ...
CME_MINI:NQM2024 - PR High: 18373.50 - PR Low: 18305.00 - NZ Spread: 153.0 No key economic calendar events - low event week with bonds Retraced roughly 50% of prev week range - Holding Friday's highs - Below Friday close following quick weekend gap fill Evening Stats (As of 12:05 AM) - Weekend Gap: +0.27% (filled) - Gap 10/30 +0.47% (open < 14272) -...
DELL exploded to new highs and is retracing. All levels in chart are from a single Fib series. Given the clean fib-fit, each level is of interest.
Biotech is still near its Covid lows. This etf is about to test a key level. Expecting a bounce here, lets see. $ 87.87 - 88.99 is the immediate support. $ 79.23 - 80.50 is the next strongest support. $ 93.15 - 93.21 the first major resistance above. ===========================================
A follow up on my previous idea: The price of S&P500 failed to reach the top of the current range, meaning it is not prepared to fill the void yet. I anticipate another reach to the bottom of the range, the same FVG, but this time also finding the equilibrium of the Swing High and Swing Low that I indicated. Take Profits remain the same: At the top of the void...
Dear friends, overall this week's trading situation is not very good, but it is not terrible either. Because my expectations for NFP were too high, I failed in the transaction, resulting in a significant reduction in our profits this week, with a net profit of $35K this week. No matter what, we can only bring our experience and lessons to strive for better results...
here i have my fibo zone where i expect a reaction from the market
These are some zones that i think the market will react the hopefully in our favour (this is not a trading advice)
My bear primary count has BTCUSD forming an Elliott triangle wave 4, if correct will be looking for the E at ~66000, stop at 64457.83. Wave 5 to top 76000-80000, completing an impulse wave from November 2022 low.
💡Today, I want to analyze the Wormhole(W) project for you, which has been listed in different exchanges for less than 3 days . 📚What Is Wormhole(W)❗️❓ 🔸Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 30 of the leading blockchain...
All the time frame are lining up to go bearish. We are just waiting for the entry confirmation on our entry time frame. H1 is our main time frame we will be analyzing every day for entry.
Eurusd is currently ranging which confluences are indicating bullish and bearish as well so when trading inside of the range make sure to take profit as fast as possible and trade carefully
Been out keeping an eye on bitcoin and waiting for the resistance area 70k as we had a lot of volume there recently. Let us wait and see how the market reacts to 70k resistance hoping to see huge rejections there.
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On the above 1-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including: 1) The ‘incredible buy’ signal. 2) Broken price action and RSI resistance. 3) Price action is testing past resistance (green line), look at the weekly chart below. 4) Price action has corrected to the golden ratio (see weekly chart...
After NASDAQ:NKLA reached all time low at around 0.6 $ it doubled in almost 10 days. It pulled back to 0.5 Fibonacci level from the 200 days moving average and bounced back and closed at 1.02$ on Friday. The sentiment about the NASDAQ:NKLA is starting to change and recent activity of company shows great improvement. Last quarter they delivered more truck as...
The price could not cross its weekly level and we expect correction to the specified area The baseline has not accompanied the price and has been flattened (indication of correction). Of course, it is recommended to buy step by step in different areas Targets are based on Fibo
RSR USDT 2.5 % Trade on Dow Theory, Fibonacci, Cycle & RSI.