I am going to experiment with a split chart . Hopefully it's easier to follow. We will see. If something changes, I'll add updates.
Most of those Fibonacci price projections are from the previous TA I published last week ().
Those are still important and have a major...
1. We have hit all 3 targets as predicted and stopped at 61.8% retracement from ATH to ATL, R3 W1 pivot, pitchfork's warning line
2. We are still in up trend and correcting on a higher timeframe
3. Possible top with further bearish continuation
4000 years of peace have passed in the Galaxy under full control of the Empire and basically nothing...
Fibonacci price extensions are similar to Fibonacci price retracements. It is also support and resistance indicator that is used to determine possible support and resistance levels.
Again Fibonacci retracemnt, Fibonacci price extensions and Fibonacci price projections. Left side is just a zoom in to 15 min and right side shows a bit bigger picture.
I am looking...
DLT está rebotando en un buen soporte proyectado (3100 - 3145). No es una señal de compra a largo plazo, más bien una señal de corto plazo para acumular Bitcoin.
El siguiente soporte es un 15% abajo por lo cual no jugaría con un capital muy alto. De hecho es para aquellas personas que quieran poner muy poco a trabajar. Le...
Dear all, with regards to context if you don't understand the concept of Elliot Wave theory please take a few minutes to study it or my analysis will not be clear. I believe we are in the final wave of a bullish 5 wave structure in NFLX which started back in Dec. 17. I have not displayed the beginning of the wave count because there is more important recent...
Let’s take a look at BTC but this time using large time frame. We love big pictures.
With them many things make deeper sense, doesn’t it?
Today we want to describe you what Fibonacci ratio is.
This is a special ratio that rules the proportions of the world starting from such a small things like atoms, flowers, trees and finishing with unimaginably...
Ripple is struggling to prove itself due lots of FUDs in the media at the moment. Say what you will but XRP is one of the few projects that actually has products that are being used right now. xCurrent, xRapid, and xVia are real products being used by major banks and MoneyGram right now as we speak as opposed to some pie in the sky 1 zillion TPS...
This is a log chart for LTC rise and falls within an uptrend channel. Each time LTC will hit upper channel is when the Fibonacci projection is 4 - 4.618, then it will come back to test previous breakout level (green horizontal lines) where it meets lower channel.
Hello all friends! This will be my first TA on ETC/USD. After an incredible weekend drop and then bounce, we are now preparing to dip down again for an ABC corrective wave.
Short entered $19.798.
Stop loss - $20 (move to risk free trade, as price drops, "trailing stop loss")
Take profit 1 - $18.00 - high probability - Risk/Rewarrd ratio: 8.88
So with the continued downside on BTC, I decided today to delete everything on my charts and start fresh on the month.
I show my monthly and weekly fib levels... projected fib extension to the downside on the weekly and draw a few trendlines and measure the break to see if i see any confluence of events between the two.
I hope you enjoyed the video.. give...
Classic price projection rules for head and shoulders patterns line up with Fibonacci projections and price two standard deviations below the line of best fit calculated from the recent all time high. If price breaks the 943$ zone, 820$ looks like the next area for a potential bounce.
Hey guys, I'll just keep it short and sweet. Here's my trade idea:
Fib and Elliot Wave:
Time for (a) to (b) correction on the 4H chart E. Wave 1-5 has been completed with minor patterns on wave 4-5 properly observed. Forecasting price to go down to on Fib level (0.236) and retrace back to 80.708 (0.618).
Fundamentals: Monday opening would give JPY high...