Based strictly on actual candles. Whole structure: Refracted EMA intersections point to actual Fibonacci lines! Fib intersections are levels acting as centers of gravity. It drags price to the nearest one. The rest is up to quantum effect, whether price reaches nearest fib and reverses trend or goes through to approach next fibonacci ratios.
Hey guys let's have a look at #Bitcoin monthly with some indicators I bet most of you don't know. Let's analyze if the bottom is in or not and what's next First off I'll list the indicators used: - Volatility which shows the power of the move and helps spot tops and bottoms - Normalized Standard Sector which follows trend nicely and is less sensitive -...
Good afternoon , dear colleagues! I'm happy to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument. I expect further depreciation of the asset. Dear colleagues, I sincerely thank you all for your attention and wish you all success! And remember one thing: "sometimes you win , sometimes you learn ".
Good afternoon , dear colleagues! I'm happy to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument. What are your thoughts on this asset? Dear colleagues, I sincerely thank you all for your attention and wish you all success! And remember one thing: "sometimes you win , sometimes you learn ".
Using the NYA and the mcclellan Oscillator, it seems that we could get some consolidation before the next move higher or lower.
Fractals can be a very useful source of TA, especially for newbies. They can be found all over the chart in any time format. Here's one i've picked for Eth from 2019. I anticipate another leg down towards $1570 before beginning the accent back to the $2,000 range. If your struggling to find fractals put the same wave oscillator on each chart (Lux Algo's MA...
Due to the fact that BCH has failed to close above previous important supply, I believe that BCHUSD can drop a bit from here, towards 115, before going back towards 180-200$.
This is an update of my previous view on BTCUSD. Price is still consolidating around the current high, which makes me believe the BTCUSD started accumulating orders already for the next impulse. I tend to believe that price can drop a bit from here, in order to liquidate some minor points so that there will be more liquidity left to the upside after.
/ closed above 131.368 then waiting for retrace mitigating must be occur
Good afternoon, dear colleagues! Dear colleagues, I sincerely thank you all for your attention and wish success to everyone! And remember one thing: "sometimes you win/sometimes you learn"
KUCOIN:KDAUSDT has consolidated nicely on this trendline this past week. Sudden moves to the upside haven't seen much follow through yet, but the support has been solid. Interestingly enough, looking at the 4 hour chart you can see another Adam & Eve bottom along the trend line. This would appear to be a fractal of the much larger Adam & Eve bottom put in place...
we need confirmation : a close above price level for short term bullish
EQ highs, liquidity grab, fair value gap, retracement on entry, targetting daily order block
If Bitcoin is to continue its 2023 bull trend, then it should imminently move to $25k . Most retail traders on Twitter believe Bitcoin will crash; however, I do not expect this will happen. Bitcoin is moving in a clearly defined UPTREND. BTC at $22k - $23k is CHEAP. Bitcoin sellers at these levels are too shrouded by recency bias to see the big picture. +$45M...
Fibonacci intersections determine Stop loss levels, and support/resistance related targets. The timing is based on critical points of HH LL 1 fib time unit is around 120 days.
Spotted 155.345 and 162.332 significant areas on the contraction happening in the daily chart. The accumulation has provided three ascending drives alongside divergence occurrence. With this being said, the market is gaining bullish momentum due to how it reacted to the third touch. However, the current price is within the breaker block which is now a delicate...
Experiencing this drop because the market has made a wipe out to the daily liquidity pool. The 4h breaker block added more liquidity to the fall which broke below the low. This aggressive move was also affected by the NFP event, if price happens to continue dropping and does not make a wipe out, then this potential break of structure is headed to the demand zone...
When NFP news wine down, gold will still re-test the swing high if the resistance is weak or strong! N.B! - XAUUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gold #xauusd