4015 Continuously forming HH and HL Bullish Flag Pole and C&H target complete Bearish Divergences are appearing on Daily and Weekly time frames. Candlesticks on weekly are clearly showing dominance of bears A correction is expected. Price currently at Golden Pocket, Watchout for reversal
The breakout of this Bull Flag is going to bring BTC once again to heights we have yet to see. When we use a Trend Base Fib Ext, we can see the next Golden Pocket sitting up at $85.600. This is a continuation of the monster Cup & Handle we broke out from earlier this year.
1111 after correction has reached 61.8% fib level (Golden Pocket) A horizontal support level is also acting as trend reversal Formation of HH, HL are observed. Ride the trend with trailing SL. Manage your risk accordingly.
7204 was in correction for a while within descending parallel channel. Breakout followed by retest is observed on parallel channel. Price has started showing HH, HL formations after taking support from horizontal line which is also golden pocket fib level. A Bullish divergence is also formed. Take entry now (with aggressive or conservative SL) and...
7204, is in Bullish trend: AB=CD, POC, Golden Pocket Enter trade with specified SL Manage your Risk Trail SL
ELM has been in correction for a while. Bullish trend has started in recent past (Parallel Channel breakout). Price is in consolidation at a strong support level. Entry can be taken now with Conservative SL or Aggressive SL Manage your risk and trail SL
Should we panic or buy the fear? We've had a deep retracement on alts across the board. Let's break it down and figure out our strategy for this long opportunity. LONG TRADE - CONFLUENCE Golden Pocket: The price has perfectly retraced to the golden pocket between the 0.618 and 0.666 Fibonacci levels. Point of Control (POC): This area also coincides with the...
We’ve had an interesting move with a retracement to the Fibonacci 0.618 level and it looks like a head and shoulders pattern is forming. Fibonacci Retracement: The price has retraced from the entire wave down to the 0.618 Fibonacci level. Head and Shoulders Pattern: A head and shoulders pattern seems to be forming, which could lead to a significant price movement...
NOT surged to an important swing high, where we faced strong resistance. The Fibonacci speed fan perfectly acted as resistance at the swing high, showcasing a textbook low-risk trade setup for an excellent R short trade. Given the resistance at the swing high, it looks like we're entering a range-bound phase, building up a trading range. Expect some sideways...
This is neither meaningful nor detailed (except for the date & the price). Let me walk you through my thought process. I'm gonna put myself in your shoes and see if I would understand the context based on what I wrote...Yep, I do
Market Cap 6.9 Billion Up a cool 2,600% before a RSI Bearish Divergence + the "Incredible Sell" , price retraced to the 0.5 fib level, before rallying again to its high of $55. Price has since corrected 88% and finds itself in the Golden Pocket. We also have our first "Incredible Buy" Signal + Stochastic Oversold. Does that mean the bottom is in? Don't know, I...
Tanmiah earlier broke ATH and took correction Price is moving in descending channel, however, price has reached a significant support level golden pocket (fib level) confluence breakout will be bullish flag formation Morning star formation at support level is positive for bullish trend after correction Entry at current price or after breakout of channel...
UNISWAP:RFOXWETH_421429.USD is my main pick for spatial computing narrative. RFOX is a lowcap crypto token with 17M market cap. RFOX max supply is 2B with 65% of it is in circulation according to CMC. Their mission is to empower everyone to play, create and earn in a metaverse without borders. They aim to be the global leader in immersive technology focused on...
Rising wedge has failed it's support. Correction to the downside seems like the most probably outcome. I EXPECT LOWER PRICES IN THE SHORT-TERM! LONG-TERM STILL BULLISH! Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit...
After dogecoin broke out of it's major trendline. It has now found support above a daily level, and golden pocket. It has also retested the trendline for a 3rd confluence. These are great signs to support a bullish continuation to the upside. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new...
This chart is a creative venture. I did something a little different. I pulled a volume profile for the entire uniswap history of VAL token. I then pulled a FIB range on that revealed VAH and VAL area (value area high, low). It is creative in the sense that I want to see if the total buying and selling data from the volume profile will be respected in the future...
as i was helping someone better understand some of these terms, like golden pocket... actually ill skip it. okay the SPY, everyone's favorite!... (to play 0dtes on) jk, i do it too sometimes. This is a great example of a "high probability set up" . when you have multiple indicators pointing to the same thing. we have not 1 not 2 not 3 but 4! indicators all...
Be aware, ETHUSD is currently at the golden ratio We are not blind How Do I Use the Golden Pocket for Trading? As stated, the golden pocket follows a price reversal. Using the golden pocket increases the likelihood of a good entry point. To use the golden pocket for an asset, information on previous price moves from the charts is the most essential tool.