We called $82 the bottom, then profit at $160. Called $112 a steal and still HODL (Dec 27.) Now is the 3rd buy-in opportunity to make a rising wedge to $220s, seeking another 100% gain. Yet we are fearful once again...
Continue to paint my crazy ideas. Now it's about BITTREX:XRPBTC
I've used triangle pattern and Trend-based Fib extention and received the next result. We are now ( at the moment I'm writing idea) near fib 0.382 lvl ( 0.00008986 BTC) If XRP break it down and break 0.00008479 (previos low inside triangle) then the next targets are 0.00007879 and worst ...
We see that price bounced oh so nicely off the 61.8% fib level. What a beautiful move! We see also that price is respecting the trendline as noted. I bought this pair at the noted area, where I saw the retest right along the trendline and double bottom candles. I can see what may be the beginning of a potential teacup; however, this is a little ways off. We see ...
Bearish cross of 20-50-200 in daily. Looking at daily and weekly shows a bubble is popped and the price is going to the mean, which is fib 0.618 zone.
Expecting the dead cat bounce to play out, but I don't expect the price to go further up than the red box.
Green box is fib zone which is at 24x zone.
Reuters had an article last month about palladium and platinum www.reuters.com
I think the spread will continue to increase in favor of palladium. there are fundamental reasons (higher demand for palladium, higher autocatalyst recycling) and TA shows ...
-STOCHRSI is being topped out. Expect a correction.
-I am aiming for 14-15 sats based on the Fibonacci retracement and its current strong supports.
-I believe this project will do well long term and will scrape the sky one day. Accumulate anything under 15.
The index should start declining in the next few days. Fibonacci from Sep 21 and Nov 30 points to 2573 or 2626-2644 as the the most likely turning points. The market has been buoyant on the back of rising treasury yield. This cannot continue. We are likely to see a move higher to the higher Fibonacci level and then a quick reversal. At that time the market will be ...
Initiating DJI (Dow Jones Industrial Average) with a STRONG SELL.
Analysis Method: Wave Theory + Fibonacci
The Chart of the Dow shows a completed Cycle Wave Sequence that lasted approx. 9 years/3,259 days from 2009 to 2018. Cycle Wave 1 extended and provided a gain of 73% +/- that lasted 420 days. Next, Cycle Wave 2 draw-down was 14% +/- and lasted 91 days. ...
Here is my forecast based on Fibonacci, moon cycles, and Elliott. My thinking should be fairly obvious for anyone who understands the methods. If you have a question please let me know
I have not taken fundamentals actively into account, but it is interesting to ponder the following:
(1) The trade sanctions can come into effect March 1.
(2) FOMC take place Jan ...
Tron topped with highest trading volume yesterday. The price went parabolic, which is not sustainable in the end. It crashed along with other cryptos.
Tron will continue to drop but in a less volatility.
Let's see how this unfold, if I get enough support I will continue with low TF analysis for daytrades / short-term trades.
So if you want me to continue with this show some support with likes, sharing, comments so I keep going.
The analysis is a mix of circle fib, extended fib, extended time fib, putting 3 fibs together is really challenging so I hope be up to ...
Refer to my USD/TRY idea linked to this idea. When I trade one pair, I also like to study the market structure of correlating pairs. USD/TRY and EUR/TRY correlating pairs. In my high level analysis we see that both pairs experienced the nicest nice bounce off the 61.8 fib level and would have been a perfect entry point, as we can see price action was swift to ...