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 $89.60 lows. The 3rd wave subdivides nicely into 5 sub waves & also gets blocked at the 1.618% fib extension which is a classic wave 3 extension in a bull market. Then W4 holds above the 1.618% fib level and flips that into support B4 running to the 2.618% fib level which is an inverted wave 3 extension. Now...
The price got a rejection from 23.37 where the price created a double top on it. the 23$ Area is the main resistance for DOT. On the 4h Timeframe, the price is testing the 0.886 Fibonacci level on the daily support. How to approach? The price needs to flip the 4h resistance on 18$ and confirm the flip. If the price is going to satisfy our rules, we could see a...
Looking at our previous analysis on APE it breaks out earlier than predicted reaching it previous high and now it will retrace by 62% Fibonacci or 78% before we can see another uptrend. The next uptrend as you can see from the chart will test the new resistance level one or few time before breakout to reach the Elliot wave 3 which according to Fibonacci extension...
Vale has an ideal 1-2, 1-2 setup. The next move, Wave 3, should be powerful and fast.
The price has formed a falling wedge, in addition to the higher lows. We are expecting the price to break into the upside. We are looking for a retracement of 50% fib zone of the Fibonacci extension. Target: 0.758 Entry: 0.735 S&L: 0.728
On 4H TF Seem the fourth wave hasn't done. It's been happening wave B before come to the fifth wave. Besides, BINANCE:ETHUSDT has the invalidation level at 2500. Caution it!!! Right now, ETH's still in ascending parallel channel to move up. Wait and see
On daily chart Solana BINANCE:SOLUSDT has completed the impulse wave which is wave A in correction wave ABC. Right now, wave B is progressing with 0.618 Fibonacci around 160, perhaps. That'll happen if ABC is a complex correction wave. Wave ABC will pull Solana back to around 60. Wait and see
The price bounced on the daily support on 39800 As I Told you in the previous analysis and now the price wants to retest the 0.382 Fibonacci level on the weekly resistance on 42k On the 4h timeframe, the price has a supply zone on 42300 How to approach? IF the price is going to retest the 42k and got a rejection, we can apply our rules for a new short position....
Halliburton Company ( NYSE:HAL ) Sector: Industrial Services (Oilfield, Services/Equipment) Market Capitalization: 36.626B Current Price: $40.76 Breakout price: $39.55 (hold above) Buy Zone (Top/Bottom Range): $38.80-$36.00 Price Target: $42.40-$43.60 (2nd) Estimated Duration to Target: 31-35d (2nd) Contract of Interest: $HAL 5/20/22 42c Trade price as of...
Peabody Energy Corporation ( NYSE:BTU ) Sector: Energy Minerals (Coal) Market Capitalization: $4.499B Current Price: $32.54 Breakout price: $32.70 Buy Zone (Top/Bottom Range): $29.45-$26.15 Price Target: $37.80-$39.00 (2nd) Estimated Duration to Target: 66-68d Contract of Interest: $BTU 6/17/22 35c Trade price as of publish date: $3.85/contract
Box, Inc. ( NYSE:BOX ) Sector: Technology Services (Information Technology Services) Market Capitalization: 4.420B Current Price: $30.82 Breakout price: $31.75 Buy Zone (Top/Bottom Range): $30.15-$28.00 Price Target: $35.80-$36.70 Estimated Duration to Target: 108-113d Contract of Interest: $BOX 6/17/22 30c Trade price as of publish date: $2.65/contract