For the past year, The markets have been on the slide, as you've noticed. From the fib extension POV, here is how the last year has broken down, why it rallied to where to did, then reversed to only go down further. This chart suggests that the full fib extension has played out and should put in a decent bear market rally. Given the time of year it is, one might...
I wiull be buying puts of the 7 dollar strike that are a couple of months out and targeting a move towards the $1.27 level
The AUDCAD price is in Daily Resistance Level and 61.80% FIB LEVEL🧐 The key level is broken 🔥 so, i predict a bearish move 📉 TARGET: 0.86440🎯 ... if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
hello, following the weekly or daily chart of BITCOIN and fibonacci extention based from 2018-2019, we find that bitcoin respects the most fibonacci extention levels NOW, we have bitcoin in the ''1'' and ''0.786'' fibonacci zone with a high probability of falling more to the "0.618" level >> 14.600 therefore the bitcoin is still in an unstable zone and that the...
A10 Networks ( NYSE:ATEN ) Sector: Technology Services (Information Technology) Market Capitalization: $1.352B Current Price: $19.03 Breakout price: $19.10 Buy Zone (Top/Bottom Range): $18.20-$16.80 Price Target: $23.00-$23.50 Estimated Duration to Target: 107-116d Contract of Interest: $ATEN 2/17/23 20c Trade price as of publish date: $1.45/contract
So we've still got a longer term uptrend and Fibonacci channels seem to be holding fast and true. We still have a pretty strong forecast for a golden cross (50 EMA up over 200 EMA). With the recent pump we've got two possible fork situations with the nearest term fork taking us lower but the the broader trend would indicate more room for higher levels. I like...
Bullish Trend (HH, HL) AB = CD Completion Retracement from 61.8% fib levels Take your trades as per fib level targets with trailing stop loss
We have some RSI Bullish Divergence and a Double Bottom at the 3.618 Fibonacci Extension and are currently Breaking out of a Bullish Dragon Trendline and will later be looking to Challenge the Validation Line of a Bump and Run Reversal Bottom.
I want to congratulate to CZ and his team for building such a productive ecosystem that has worked perfectly during the Bear Market. Today we're going to discuss BNB/BTC chart on Weekly time-frame. At first glance at the chart, you can find out not only BNB wasn't bearish in bear market comparing to Bitcoin, but also it has acted super bullish. BNB has has grown...
Hi traders, Today we want to talk about crude oil. We forecast that the correction of the oil initiated on March 2022 is over and we already have started wave III in the cycle degree (orange). These are the 2 main reasons 1- The expected minimum level for the WXY correction was reached (87.086). We can see clearly that the price has bounced from the Inflexion...
Hi traders, SP 500 is in a corrective cycle that started at the beginning of 2022. We do expect further down to end the WXY corrective structure. This will create new lows and it will break down the 3480 level. Considering that, we can take advantage of it by trading the end of B in the intermediate degree (blue) and riding the whole wave C before ending the...
Everyone is waiting for trade setups like this! LDO is a very promising altcoin and I will tell you why in this analysis. As you can see, the price is moving in an ascending parallel channel. This channel currently has only 3 touches, so it's brand new. inside the parallel channel, there is a bullish flag that is currently breaking out! It's definitely a...
Updated Values after Split on Oct 20th 2022 Breakout is observed Series of HH, HL Formation of HL (Retest) Entry can be taken at current level (47.7) Trade with SL, Target Prices (fib levels) are mentioned, Ride the trend with trailing stop loss
The USDJPY reached 142.2, The high of 2002, Wait for price action to be confirmed as continue or reversal. (approximate 142.2 is 0.786% of A ) FX:USDJPY
After observing carefully, I see that there is a pretty good correlation between bitcoin period 2018 - 2022 and dow jones for the period 1956 - 1961. And it turns out that the btc-dji correlation is also likely can be applied to some alts. Below are some examples I've tried to correlate. $XRP to $10 $XTZ to $40 $RUNE to $90 This post is purely for...
It's been 41 days since the merge. If Ethereum was still on PoW, there would be up to 488,000 ETH that miners would be able to dump into the market. Instead, net issuance is only 1,300 ETH since merge and stakers can't sell any of that yet! This is absolutely bullish. Hit the like button if you didn't know that, because no one is talking about it! As you can...
The horizontal channel started at September 19, it was crossed, and the resistance can be the next support, since if we put fibonacci 23,5% had already been crossed, since it perfectly fit in the last resistance, and it had already been tested by a shadow. The SL will be the fibo 0,236, and the TP 0,618
Humana Inc. ( NYSE:HUM ) Sector: Health Services (Managed Health Care) Market Capitalization: 64.611B Current Price: $510.54 Breakout price trigger: $515.20 Buy Zone (Top/Bottom Range): $496.45-$473.95 Price Target: $562.30-$568.90 Estimated Duration to Target: 147-156d Contract of Interest: $HUM 1/20/23 520c Trade price as of publish date: $26.20/contract