Targeting Bitcoin using Andrew Pitchfork and Fibonacci Extension. Price will go up if make new higher high.
On 1H TF AAVE's dropped to 160 then it's trading in narrow range to consolidate before it might be breakout descending trendline. Right now, AAVE is in a good zone to buy with less risk Safer option, waiting for confirmation breakout then buy. Wait and see
On 1H TF LRC has found a support at 0.82 which level is a 0.618 Fib of previous surge. Right now, LRC is swing in range from 0.82 to 1.0, it's also a resistance 0.94 If it can break 0.94, it will challenge level 1.0 What next, wait and see
Breakout out of consolidation, Looks ready to go higher
I am expecting an third touch of the rising channel which has been traded very respectfully. Trade should be near ~ $37.3k - $37.8k. Confluence for this trade: - Bottom of the channel also a comfirmed 3 touch trendline - Weekly, daily untapped. - .786 Fibonacci (34.3k to 48.3k) - .786 Fibonacci fan (low 33k to high 48.3k) - .2618 Fibonacci extention. - ...
Ethereum continues to trade lower as it begins to test bottom side liquidity in the current uptrend. We've placed a Fibonacci retracement and can see that the level it is currently trading at is a .50 retracement. Hoping to see a light bounce here on a nice risk to reward ratio.
SPDR Select Sector Fund - Utilities ( AMEX:XLU ) Sector: Miscellaneous (Investment Trusts/Mutual Funds) Market Capitalization: $ -- Current Price: $74.25 Breakout price: $77.20 Buy Zone (Top/Bottom Range): $74.05-$71.25 Price Target: $76.60-$77.30 (1st), $82.60-$84.10 (2nd) Estimated Duration to Target: 24-25d (1st), 109-114d (2nd) Contract of Interest: $XLU...
UnitedHealth Group Inc. ( NYSE:UNH ) Sector: Health Services (Managed Health Care) Market Capitalization: $490.152B Current Price: $520.94 Breakout price: $536.25 Buy Zone (Top/Bottom Range): $529.50-$507.55 Price Target: $548.50-$553.30 (1st), $611.50-$618.00 (2nd) Estimated Duration to Target: 29-31d (1st), 97-100d (2nd) Contract of Interest: $UNH 5/20/22...
I believe dollar index has the potential to reach to $111. At that point I will be looking for sale positions because I believe that the dollar will then crash and hit $63.
Crude on daily time frame is ranging between 0.618 finonnaci extension ratio to 0.618 fibbonacci retracement ratio For Big move on either of the sides need to break support and resistance, and for short term view 0.236 to 0.236 ratios are looking good for SHORT STRADDLE STRATEGY
On daily chart Loopring has completed four waves at 0.63 after that, LRC's rally. Right now, the lower impulse wave is progressing. Target is 1.8 in short-term LRC's high volatility, which suit to trade in lower timeframe. LRC is still in ascending parallel channel with strong support below 0.63. This range is a good zone to entry for...
We think EURUSD is headed down. This signal is based on the Linear Regression Channel and the Fibonacci Levels. Also the SRS Pro is showing a drop on the 4H timeframe, and can go down to 1.05119. Please Like us and subscribe for more ideas like this!
The price created a triple bottom on the monthly support of 0.62$ where the market found liquidity for a new bullish impulse. On the daily timeframe, the price got a rejection from the 0.5 Fibonacci level exactly on 1.37$. pon the 4h timeframe the price created an M pattern with the double top on 1.37$ and the market lost the weekly support How to approach? The...
Bitcoin has completed the first wave at 43.000 after that, BTC's dropped to 39.800 which price is wave a in the correction wave abc. That range is suit to open long/short order in lower timeframes. Besides, BTC's the invalidation level below 39.000. Caution it!!! Target of third wave at 46.000 Wait for a confirmation after wave b's completed. Wait and see
#Crack #Bitcoin #Binance #Daily - Bitcoin showed a strong bull trend the previous day, but it is a figure that has closed down by returning all of the bull trend. - The $41.5k-$41.9k resistance seem very strong. - The position of the previous day's high is at the center line of the orange bull trend, so if the decline continues as it is, the possibility of a...
On 1H TF Ethereum BITSTAMP:ETHUSD has completed the first wave at 3179 after that it's been retracing to 2940 which level is wave a in the correction wave abc. Besides, a invalidation level below 2890 Right now, we have a good chance to entry ETH with less risk. Target of third wave at 3380. Wait and see
COMP is Double Bottoming after showing 3 Instances of Bullish Divergence on the RSI and is now trading above an Assumed Channel which if it hold could signal a Break Hook and Go that could take it up to as high as a 1.618 Fibonacci Extension.
We completed 5 waves up in an impulsive count from the $89.60 lows. The 3rd wave subdivides nicely into 5 sub waves & also gets blocked at the 1.618% fib extension which is a classic wave 3 extension in a bull market. Then W4 holds above the 1.618% fib level and flips that into support B4 running to the 2.618% fib level which is an inverted wave 3 extension. Now...