After a big flash crash during Friday seeing BTC once again test the 4H 200EMA support, the altcoin market took a much bigger hit that we've seen for some time. In these times it's always good to see how projects react to these market conditions. A strong reaction at key areas after a big pullback can show that there are big players willing to add to or make new...
buy patterns tête et épaules OANDA:XAUUSD up trend /retest la zone fibo 50% 60%
Hello, fellow traders. At the beginning, the first observation - we are in such a phase of the cycle that even I want to write something... :) It will be short and to the point. Not everyone will like it, because they don't assume that we get into the rockets, fasten our seat belts and fly immediately "to the moon". My previous analysis (unfortunately not...
Welcome to my trading idea for SOL/USDT! We're eyeing a long position based on a confluence of factors including the Point of Control (POC), Fibonacci retracement levels, and Smart Money Concepts (SMC) with a Bullish Order Block (OB). Entry: Our entry point is strategically set at 173.78, residing within the Golden Pocket of Fibonacci retracement levels. This...
multiple running positons, scaling in more positons and following the trend is your key.
In this chart, we take a look at a second Bitcoin Fib-Time Cycles concept (2/5). Refer to the original idea for concept #1 linked below. This Concept #2 is an alternative 8-step cycle phase to my original concept. This zooms out further and takes Bitcoin from a greater 2-phase cycle perspective. This concept is for the long-term investor who aims to track major...
Hi everyone, In my previous analyses, I anticipated a potential price drop that could form a double bottom pattern if GameStop earnings weren't great. Recently, GameStop's stock failed to surpass a crucial weekly indicator, leading to a sharp decline. Moving forward, if the stock rebounds, I'll be monitoring its response to the first resistance level; breaching...
Hi Everyone, In my previous posts, I explained that NYSE:GME needs to remain above crucial levels to ascend, predicting a bounce between $13-$16 before earnings. Here we are, and according to my indicators, $15.44 needs to be surpassed and maintained tomorrow for a climb to $21 . Currently, during Robinhood's extended scam hours, it's at $15.68, peaking at...
Momentum Bullish= Last week broke out of 4h Pennant. Retracement= Rejecting 50% on 4h Fib. Continuation Pattern= Creating Bullish Flag on 1H Expecting price to continue bullish for the week after flag pattern breakout.
The first thing to notice here is simply how that RED 236 Fib Circle caused rejection EVERYTIME PA hit it. That is the SAME fib Circle from 2021 and Now, in 2024 That is amazing enough but what is ASTOUNDING is simply that the Root points used to create that Fib Circle are based in 2023, in fact, it is Jan 2023 and then the first high after. SO, This Fib...
If DKNG can break and hold 40 level, it can continue its momentum to the upside. Entry- 40 Stop loss- 32 There is a gap below, if it pulls back to fill the gap around 35, will add more. Target #1 53 Target #2 60
SMCI set some wild fire across all Semi-names. There will many sympathy plays across this sector this week, IMO. I caught the ARM Short squeeze last week from 120 to 160. and I got few more commons when it dipped. Below is the trade plan for commons, If you are trading options, have a tight stop loss. Long between 137-145 Stop Loss - 130 Target #1...
4h is creating a pennant indicating strong possibility of continuation. All time highs currently so only possible resistance levels to go off of is the Fib levels. -23.6=TP1 -50=TP2 -61.8=TP3 Price is rejecting the 50% 4h fib level.
COIN has been on an epic run. What goes up must come down as they say... but Bitcoin is at 73k tho bro. Just think of all the people who bought when it was at ~$50. A lot of institutional investment decided they were not going to miss out crypto this cycle and anticipated the run up. They are definitely going to take profits now that they are up almost 400% and...
Oil has held bull fibs since Feb 1. The 3 previous fibs are documented and highlighted on the chart. We have been in a wide-range pattern for the past couple of weeks, threatening to keep and hold yearly highs, only to fall back down. Now, it is facing it's biggest test in the upmove, with two different saves at the 61.8% line over the last week. Given the...