BB, on 0.016 Fibonacci level. Looks promising.
BCH /USD SHORT **Still waiting for entry** **Will enter on confirmation of confluences starred below** Here are my reasons for looking to enter a short position on BCH /USD. The confluences for my entry: ✓ Strong overall downtrend ✓ Rejection of major key level order block ✓ Rejection at the 0.5 Fibonacci Retracement level ✓ TD Sequential printing a 9 on the...
I found Fibonacci chart to be amongst the greatest to find new reversal opportunities, When I found out the had it run sideways I immediately jumped to the Bitcoin chart to see exactly where price MACD began to drop from the ATH and began to notice the change in the pressure of the market bearing the price down after the initial first pull upward, being the...
some indicators say that is possible. Trade with caution. Today weekly close is decisive point.
After the excellent day we had with the $20 M from Alameda Research, REEF succesfully crossed the Golden Pocket and was taking support a few minutes ago. We are in a great buy zone. If you are missing the party, come and enjoy it!
Bitcoin - bearish scenario - Elliot ABC correction & Fibo 0,618
Hi everyone, just a quick analysis, at 50250 around there is 1.61 fib level which may work as potential resistance on BTC and we may see a consolidation or pullback. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for...
Mr. Fibonacci was a genius so lets use the golden ratio levels combined with Fib Time Zones. Anything can happen by end of year 2023, but for now, 2021 is going to be insane. Get ready and make sure your spaceship does not run out of fuel this year.
NASDAQ:GRVY Hits a key support level: The support level is : 1) Related to a previous top 2) 0.786 Fibonnaci retracement 3) At the 89 period moving average 4) The trendline since October 2020 I am getting long at this level: 1) We have a stochastic hidden bullish divergence 2) The company is growing it's earnings per share 3) The general market is going up 4)...
Hello everyone, this is next update on eurusd as it's apporaching our buy zone which ~40 pips away. I will be looking at price action at this levels to get into long position. We have 50% fib, onetoone formation and retest of previous high. This indicate that we may see a stron support at those levels. This information is not a recommendation to buy or sell....
in this bullish trend, if the price go through 2280 - 2300 probably will go to target price 1 = 2440 as the fibo 1.272, and target price 2 = 2540 as the fibo 1.618. but if the price got rejection from 2280 and continue, it will drop to target price 1 = 2020 and target price 2 = 1800. And i'm seeing the double top chart pattern so i think the safe enter is from...
Hellow everyone, looking at monthly, we can see rejection at 2 FIB and with that in mind I would like to point that we may see repeating story from 2017/2018, which lead to big correction in price. Currently we are seeing big pressure from top and same happend 3 years ago. On W1/D1 you don't see as clear as it is on monthly. So before placing any bets keep in mind...
Hi everyone, EURUSD got rejected at 88.6 fib on W1, currently trading below 78.6 fib which was tested today. Negative bias is continuing which could take us all the way down to 1.1946 where we have overbalance and previous resistance. I would like to point out that below that level we have 61.8 from last rally which may be test, if that won't hold the negative...
A few things to note here. First, the .5 fib is from a set from all time low to high, so its a big level for price to base over. Second, the way the Bollinger Bands are pinching down means there's decreased volatility meaning 1. Cheaper contracts 2. Decreased periods of volatility precede high volatility, more indication a big move is coming. Third, Ichimoku...
Price has already retraced to the 78.6 fib level and has passed the 38.2 level. It will go at least to the bottom level of support
If price break above 12000 we can expect price to reach 12144.6 and 12417.0
The price will fall from the rejection on the trendline. GO SHORT. The possibility of price dropping into month zone are very high. Price already going down on lower timeframes as confirmation of rejection of trendline