Never forget that $10K ETH is not a meme. And Neither is $14K ETH according to Mr Fibonacci ;)
Hello mate, I hope you're doing great. As you can see on the chart the latest ETH price broke the previous "B" resistance area . This is a Bullish signal that made a Fibonacci activated. The Low Risk target of that Fibonacci is the First Green area around $3,150. But the target of our broken Descending channel is around $3,300 that overlaps the 1.272 Fib...
Atm all I'm looking at is this Elliot count. Imo I don't think the correction is over yet, and i do not believe Bitcoin will reach 100K this year. I mean i hope we do. Make sure to have a look at the MACD on the monthly also.
#Crack #Bitcoin #Binance #Daily - Bitcoin is accompanied by a strong uptrend, breaking through the sky blue resistance line, and reaching 48k. - However, Bitcoin is strongly resisted by the upper line of the orange rising channel near 48k, and it can be seen that RSI and RACD are also located at considerable highs. - If the resistance of the upper line of the...
Longing SAND here might bring yo ass to real tropical sand within 4 months. anyway don't take this as advice, sand sucks. Arigato, the tropical investor
MSFT is finishing up a W-3. It may open slightly higher tomorrow morning and reach the 1.618 fibonacci extension, but the sell-off will definitely start tomorrow. I will be selling covered calls against my shares to protect against downside. Also, bearish divergences evident in MACD and RSI.
#Crack #Ethereum #Binance #4hour - Ethereum is emerging with a strong upward trend. - Although a strong uptrend is currently in progress, it has reached the long-term resistance of ‘$3,377.89'. - The ‘$3,377.89' resistance is an inflection line made during August-October 21, and since it is a line that showed strong resistance during a long downtrend, it is...
Hello traders, This is my analysis on SOLUSD which I think is looking like a correction wave (ABC), kind of like the other altcoins I have strong objective at the price of 125-127 dollars It is due to the 123%-127% of Fibonnaci Extention. (confirming the end of a C) and it will also hit the 23% of retracement of the full ABC correction of our last downtrend
Thinking we breaking out soon, cheap CRV days are numbered IMO. We been buying these dips Fam
This first entry got stopped out and now MP Materials is higher, however it is now hitting the 1.13 retrace and may be setting up to come back down within the range if this is a false move like i expect it is. I will officially call the trade off it it trades above the level of $62 and my profit taking targets will be first $30 then $10. I will be trading this in...
The price has formed a bullish pennant. We are expecting the price to break into the upside, We are looking for a retracement to a 50% fib zone of the Fibonacci extension. AROON: Shows some bearish momentum, which is allowed since we expect the price to pull back to the entry point. Target: 1.141 Entry: 0.863 S&L: 0.751
#Crack #Bitcoin #Binance #4hour - In the last briefing, I mentioned the importance of support for $40,774, and a strong rebound has emerged after the successful support of $40,774. - With a strong uptrend, it broke through the $42,300 resistance and flattened the $42,594 high, but it failed to maintain the uptrend and appears to be under pressure again. - In...
We are at a potential Right Shoulder Entry of This Head and Shoulders Pattern Visible on the Monthly and if could take us down to a 1.272-1.618 Fibonacci Extension if it plays out.
The correction from ATH 4900 looks to be complete, the labeling as of today would be a double. Flat (3-3-5) Zig Zag (5-3-5) the Wave 1 (projected not confirmed) off the c wave low looks impulsive and also looks to have more running room. A break of the top TL on W3 would confirm my count.
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. LOOKING AT THE USOIL * The ENERGY is currently trading in an uptrend , just consolidated, broke out and retested the structure . - Short term the ENERGY is currently at the supply zone could go lower but looking for possible continuation with the bulls. - Looking for LONG entries on the THE CRUDE this...
#crack #bitcoin #binance #4 hour - After the last briefing, an attempt was made to break through the orange long-term uptrend channel center line, which appears to be an important resistance line, but it failed to support and the pressure appeared again. - As you can see from the light blue trend line, the possibility of further convergence should be kept in...
Please see wave 5 of a 5 wave analysis, even though there is a tad bit more room for upside as illustrated by the chart, I believe we are entering wave 5 of the 5 wave move down after a Diagonal upwards correction, my only concern is wave retrace is most commonly 38.2 % of wave 3 this one is 50% which still makes it valid, but less common. Wave 5 should be 100%...