the price is creating a descending channel and it's testing a first demand zone as you can see on the left. On the 4h timeframe, the price is testing the 1.618 Fibonacci level where the price could get new liquidity for the reverse. How to approach? The price needs to grab new liquidity in order to reverse the main trend, According to Plancton's strategy , we...
Ok so Zero is a bit of an exaggeration but it is on track to breaking down to a minimum of 4 dollars and 77 cents (aka the 1.618 Fibonacci extension) if it breaks the support of $10.50 and the likelihood of support holding here is very small. I would stay far away from buying this stock as it's just not worth it to me.
Price strongly broke the monthly pivot and retested it. Strong price rejections on the support suggest a resumption of the bullish trend. A break above and retest of the trendline will initiate buys with targets beginning at 1.03970 and extending to 1.04700.
In this short video, we explain a trade idea on NZDUSD. On higher time frames, it looks like an AB=CD is completing the CD leg, and it's in confluence with a round number. In this idea, we are looking to ride the rest of the CD leg to point D.
My Nov '21 target from the peak is near. The XA swing trendline from the Crab harmonic pattern has been broke down. BTCUSDT is collapsing and don't showing strenght for a retest of this trendline for now.
BINANCE:ETHUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $ETH has reached the local S/R line and it comes with two possible scenarios : - If $ETH Holds the Support here, Then it's more likely for $ETH to break above the higher S/R at...
BTCUSDT on 30M chart shows a Doji reversal candlestick after retrace to -61.8% of my last target accomplished. AB=CD target 3.33% Fibonacci extension downward. Oscillator: Ehlers Stochastic CG, bearish signal. Shows of weakness.
Fib level point 59$ and we are actually in my favorite buy zone spot in between 1.272 and 1.618.
#Crack #Bitcoin #Binance #Daily - This is the appearance of Bitcoin's bearish breakout at the bottom of the blue large bull channel. - It seemed to rebound while keeping the $35,071 closing support level, but it showed a bearish trend again the day before and eventually fell. - In the event of a rebound, it is important to settle upwards of $35,071, and keep in...
The price is creating a descending channel after the rejection from the supply as I told you in my previous idea. At the moment the price got bounced from the 1.13 Fibonacci Ext and the market is going to retest the previous daily support as new resistance exactly on 0.618 Fibonacci level. How to approach? IF the price is going to have a rejection from that...
BTCUSDT micro double bottom - possible pullback. The price action has been made a wonderfull bear flag structure and the double bottom is in conjunction with an oversold condiction and increased interest in accumulation. My technical analysis is mainly based on Fibonacci ratios in a sequencial AB=CD pattern. Expecting a intraday swing upward in a potential micro...
The price created a new ATH as I said on the previous analysis and now got a rejection from 1.27 Fibonacci Ext on 120$ The price is testing the new daily support. How to approach? The price could have a retracement after the latest bullrun, and retest the 0.5 Fibonacci level or 0.618 on 80$. so IF and only IF the price is going to lose the support and had a...
On the weekly frame and in the long term, we notice that we are in the second corrective wave, and with the principle of rotation, the correction was complicated under the running flat pattern. Based on this analysis, we expect that the end of the correction starts from 32668 to achieve great goals that may reach the limits of 220000.
Hello Everyone!!! The Idea of BTC to rebound from the Support Line is still there, but if the price action says otherwise, than what could we do?? Just simply react over it. **BTC Idea** Last time I update on this outlook, I was expecting BTC to rebound and re-test to around $44.000 from the Fibo Retracement 0,618. But, we got reject before we can reach that...
EURAUD recently broke out of the multi-range, rallied up to the monthly pivot, and bounced back to retest the broken resistance. Bullish divergence on D1, inverted head and shoulder, and price rejection on broken support suggest an upcoming bullish wave targeting the monthly resistance.
ETH USD Like the US 500, like the BITCOIN and like many other BIGs on the market, it is located in Zona Media Movile 100 (Yellow line). The second Crypto by market cap also has support in the oblique trend line where we will probably meet liquidity in this area. The Support is in the approximate price in the white circle and sees in the area. 1) SUPPORT $...
We made more than 12% since my previous idea, now the price is testing the weekly dynamic support after a bearish impulse. On the 4h timeframe, the price is testing the 0.5 Fibonacci level on the daily resistance How to approach? The price needs to have a new breakout from the daily and 4h resistance and retest the resistance as new support, According to...
The impulse wave has done at 147 and correcting around 60, right now. Zigzag wave ABC with A (52), B (99) and C (? 41 - 50). More likely 41 because C = 1.236 Fib A. What next, wait and see