LLY has given us Bearish RSI Confirmation at the 3.618 Fibonacci Extension and now looks to push below the $580 level. This could quickly devolve into LLY making a much deeper Bearish Retrace that would bring it below trend. At that point, we could very well see LLY come all the way back down to fill the gap at $163.42
Using the Trend based Fib Extension to try to predict the next top / at least take some INDEX:BTCUSD off the table. Found this interesting enough to share. Seems to align with videos by Crypto Crew University that predict that next cycle will give 5.3 times less returns.
-This concept overall is called Fibonacci Clustering , which is laying over many different Fib Schematics on each-other... -I have combined 7 of my greatest Bitcoin Schematics into this one complete idea. -These Fibonacci Clustered charts have been battle tested for months. I have linked the original ideas down below to show how I first created these (by...
Hello dear friends, as predicted yesterday by Karina, USDJPY has continued to rise in price and is currently fluctuating around the 149.779 level. Currently, this currency pair is gradually approaching the high area of 150.00 after receiving strong support from the 137.302 support level. By using Fibonacci extensions, breaking through the 150.00 level will...
I like the base that is forming in OLED 165 pivot point. Notice 5 weeks of tight weekly closes - good sign of potential accumulation is happening. Overall structure looks mid-term bullish to me and my ElliotWave analysis (EW). Although, one shall be mindful of important resistance in 171-180 area, that my cause price to correct to back to 152-141 support...
DKNG usually hot stock for the NFL season but considering the inflation and the economy we are in right now, my assumption would be not many betting. If the Trend Line breaks, Target #1 - 25; Target #2 - 20
It looks like currently we're facing two resistances, if trend repeats as the previous one we could enter to another uptrend. I have pointed out what could be a good entry point after pass both of them as well as possible take profit points based on Fibonacci Extension. Any feedback is very welcome. Regards. Disclaimer: This is not investment advice and is...
Bitcoin continues to rally from the bottom of 24920 to 27137 and is heading towards 28650! This is going to happen; the bull market is absolutely awesome, and profits are huge! If you are following me, I have been bullish almost from the bottom of the last big dump while the majority is still shorting Bitcoin on futures, which can also be seen in the negative...
Can't believe this is the first time I'm seeing this massive falling wedge on GME. If we take a look at the RSI as well as the Fib extension, this breakout could bring GME back into the 80s, and the second golden pocket sitting pretty at 201.00. I would keep a close eye on this one. Could be an easy 5 bagger from here.
bare minimum 3.618 pump from cycle to cycle. Linked my other views on the coin. Check it out! NFA do your own DD
The price of Bitcoin will be 120,000–130,000 USD in Q2 2025, according to my technical analysis! There is a strong confluence to sell Bitcoin here, and a lot of people will do it, so make sure you take profit in the next bull run. First of all, this is an analysis of the weekly chart on a linear scale, not a log scale. If we take the Fibonacci extension from...
Bitcoin is absolutely ready for a massive uptrend to my profit target of 79959 USD! In this analysis, I will tell you why Bitcoin is bullish. First of all, we need to take a look at the weekly candles. The last weekly candle is a bullish engulfing candle. It means that the body of the candle engulfed the previous candle. Strong reversal signal, especially on...
PSNY has a Market Cap of $5.29 Billion and Revenue in 2023 (TTM) of $2.65 B. Yet, the stock just keeps on plummeting... again and again and again... 😔📉 If we rely on Fibonacci levels, the last support could potentially be around $2.20. 📊
Hello everyone, I invite you to review the ETH to USDT chart on a one-day time frame. As we can see, the price has crossed the bottom of the upward trend lines, but currently we are staying at the lower border of the downward trend channel marked with blue lines. As we can see, the price behaves similarly to the BTC price and remains just below the blue EMA Cross...
This chart has been drawn for months before the IHNS even completed. Right now BTC is at the neckline support, we anticipate a move up from here however at the same time expecting some chop. The levels to watch out for are fairly simple to see in the chart, the simpler the better. A break of neckline support will lead us to retest the right shoulder.
The price of Bitcoin is forming a head and shoulders pattern inside this descending parallel channel! Both of these patterns are bearish, so the probability of going down is really high at this moment. To become bullish, Bitcoin needs to invalidate both patterns. Then we can think about a long position, but at this moment, not at all! You probably want to trade...
I think this is the coolest chart pattern in crypto i have found. It's a weekly on the OriginTrail token TRACUSD. Showing a giant symmetrical triangle, with a well-defined level of horizontal resistance running through the middle of the triangle. Notice also TRACUSD loves to retrace to the 4.236 Fibonacci level after each decline. The minimum target of this...
I invite you to review the ATOM chart in pair to USDT on a one-day interval. Using the blue lines, we can mark the downtrend channel in which the price is moving and we can see that we are approaching the lower border of the indicated channel. Let's start by marking the price support spots and we see that we first have a $7.05 to $6.03 support zone, however if...