AMD: Using fib retracement, after an impulsive move a pullback to the 0.5, 0.618, or 0.786 is very likely and healthy in an uptrend.
~ Golden cross happened on the 11th signaling the start of another uptrend.
~ on the 11th AMD did a similar but smaller sized impulse with a pullback to the 0.786. This helps visualize the theory of fib
~ RSI on the hourly has a lot...
This chart is a challenge for all of you to try something.
First: Watch Akwaflow's video " BITCOIN : WHAT'S NEXT IS ALREADY WRITTEN IN THE CHART !!! " on YouTube.
Placing the circles is the first hurdle. The point is to detect pivot points.
I did this first one quickly so it may not be accurate. This is a work in progress until the circles show their positions...
Been watching VZ for a while now and has been holding this wedge for quite some time, with quadruple witching coming up on the 17th and September being historically a bad time for equities, a low beta stock like VZ should theoretically outperform the broader markets. (VZ Beta = 0.45). From a technical standpoint, VZ is also looking quite nice, closed yesterday...
The SPY closed on Friday finally breaking below the channel that it's been holding for quite some time now, and closed sitting on the 50-day SMA. Every time we've previously touched the top channel line, the SPY has fallen to the bottom channel line and bounced right off (see charts below). However, there is a very clear shift in seller volume starting to outweigh...
Been a while since I've posted an updated chart on ETH so please see previous charts in description below- Frankly ETH is looking quite nice at the moment holding a big symmetrical triangle on the 4-hour timeframe-
- Reclaimed the 50day EMA and others starting to curl upwards
- Bullish Gartley Harmonic Formed
- Bullish divergence on the RSI
- MACD Cross on the...
Fib Speed Resistance Arcs shows time constraints within resistance levels, indicating gradual unptrend
Golden Cross indicated shortly after an spike in recent Volume by MMs
Golden Cross: The golden cross is a chart pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average. ... As long-term indicators...
This is a quick review on btc price movement and price prediction of what to expect once the all time high is taken out. I personally believe that the ath will be taken out pretty soon as the bearish invalidation has been taken out.
Lets plan for the worse but expect the best.
The King is bacl
If the 61.8% retracement holds up at the support, a good chance that this will continue upwards.
Will be watching this stock in case this does hold.
We have an interesting week next week for fundamentals / news.
A fib drawn from the last high to the last low on the daily shows the 61.8 lining up with the top of the range.
Unsure if 78.6% retracements work for stocks so this is a test for now.
If we reach the extensions before pulling back then 61.8 is the ideal level to enter.
NOT FINANCIAL ADVICE - Just an education tool for my trade setups ;D
This is an ETHUSD (Binance) Daily chart that will be dissected and summarised for what I think is the likely path of least resistance in the next 7-21 days.
Fib Speed Resistance Fan : 0.886 now Support after 1xFakeout and 1xRejection
Fib 0.618 Levels : Broke and promptly bouncing out of...
My guess is after a little consolidation in the triangle BTC will drop back to about 55500 for the least and at the worse 50000 from here. Then if you scroll up the chart you will see all the key stops from here up to 60K. I'm not gonna get into all the numbers just look at the chart.... its late! Good Night I will see my Risk Takers in the AM!
What a better day...
Hello dear crypto friends!
New all-time high or bear market after all?
No idea. All I know is that all of Twitter is bullish again and influencers are summoning the moon.
Whereas the last remaining bears are looking for explanations.
So what to do?
Keep it simple!
What do we see?
Major Gann resistance for next week, price marked.
And what else is...
I'm Bullish on LINK, but which way will it go in the near future? Here are my targets for the short-medium term.
Also keep an eye on BTCUSD. So long as it's above the 20 Week SMA and 21 Week EMA, LINK could be bullish, JUST so long as BTC does not move too violently to the upside or downside.
If BTC moves too fast, it may simply outperform LINK. But if LINK is...
So as i was getting prepped for my weekly video i created this chart and figured i'd share. It's a fib analysis our entire posrt COVID bull market mainly focusing on major pivot lows and the top we printed a few weeks ago. The rectangles and fib confluence zones, or zones in which one could expect to find support based on the Fibonacci sequence. I mainly focused...
When I plan for the long term I like to go on the Monthly time scale and but my horizontals. Represented here in the color blue.
This time I'm using Fib Speed Fan because it helps me visualize the last yearly movement and helps me prepare for lower levels. It would not surprise me if the price bounced in 1840, for example.
It's possible that something external...
4H $FANTOM #FTM UPDATE
1.We're extremely excited to announce that Fantom will work with OJSC Orienbank to trial a CBDC for Tajikistan.
The solution will also use @AndreCronjeTech Iron Bank protocol to enable seamless, low-fee foreign exchange.
2.Announcing a 370 million FTM incentive program for builders!
If you're a...