Hey guys, I hope this post finds you all well and trading safely. I just wanted to post this update about BTC's unexpected movements recently. From reading the other TV posts, there's been a lot of talk about the support levels and bounce zones. I haven't seen another post on the Golden Pocket 0.65 fib yet, so here we are. We just reached this level this morning...
Alert set for bync to reach golden pocket zone for a long play
Hello Traders, Today’s chart update will be on BTC, where is has retraced to a key Fibonacci level, known as the golden pocket. Bitcoin may put in a relief rally due to the sharp decline in price action, which has overextended a number of indicators. Points to consider, - Trend in a bearish structure - Local support at key Fibonacci level - Local resistance in...
As anticipated we got some bounce love from the golden fib retracement level at 61.80%. However it has not bounced us high enough to reclaim the 1 day 50ma(in orange) as support just yet...Reclaiming that support is pivotal..If we can't flip it back to solidified support within the next 3-5 days then the bull market will likely be over...hopefully we will see a...
Hello traders, This is my first public speculation on gold so take this with grain of salt like any opinion but this its what I see . I normally trade cryptocurrencies and post about crypto but some assets I can trade with BTC and AU its one of them. I did made some profitable trades going long in long trades and going short on gaps. I'm not a big...
It may happen tomorrow or it may string us along until the end of the year but it would seem this descending triangle has the potential to drop back down to support from LAST YEAR'S descending triangle. If this takes as long as before and we end up consolidating well into it's apex that would give time for the 200 week MA to move up and create strong support again...
$BCHSV hit the Golden Pocket (fibs btw 0.65 and 0.68 retracement) with great precision! Is the a conscience? Or could we see a big move to the upside? Place your bets now traders! I would put a stop loss at ~$120.00. For a more brave trader, or with smaller positions, $115 or $100 might look like a better stop area. With this coin not being as liquid as others, it...
BTC is completing a 5 wave structure after which I believe it's likely to continue down to where algos are waiting to buy at the .618-.65 golden pocket (gold box) from the 2017 ATH
btc is on a tear and seems unstoppable. Overall trend on all timeframes is obviously up so we are still looking for fresh longs. Currently we have a flagging range which we need to break out of to start the test of the previous high made on the htf charts. However we did not test previous resistance as support and I'm expecting a test of this resistance area...
We had a nice ride up and it looks like btc is finally entering a period of consolidation. The overall htf trend is still up so we are still going to look for longs. Our current area of interest is the golden pocket on the 1h chart. We will long in this area and start managing the trade when we hit the min. target level. This setup will become invalid IF we make...
Bitcoin made a nice impulse up since last analysis and is currently drawing in an ascending triangle (bullish pattern) Eventhough an ascending triangle is a bullish pattern we always need to take a break-down into account. scenario 1: break up from ascending triangle - long on the break up - target 12845 scenario 2: break down from ascending triangle -long the...
ARDR had a nice impulsive move up and is currently retracing. I'm currently waiting for a retrace into the golden pocket of the impulse wave up. We have a minimum target set at the 382 fib retracement line of the entire impulse wave up.
Parabola not broken? Was messing around on stream and found a clean parabola that has yet to break. If broken Most parabolas retrace 50-60% which would give us this bounce zone around 5200-5800 which would also give big players the chance to trap a lot of bulls around the 6400 support zone. Not trading based on this chart, just something cool that i found.
Active algo target looks to have front-run "hit" it's first target with target 2 waiting for the next leg up (chart on the left). If we retrace a bit first then I'm looking to enter the second setup in the golden pocket (chart on the right) Yes, I'm using .666 rather than .65 for my stop loss these days. There are some other nice supports in this general...
when we observe daily chart. we see bitcoin is falling into golden pocket and I have shown u count of elite waves . and may be the end of BEAR MARKET .
Nice long opportunity for USDCAD. waiting for the retracement to complete
We've personally took a position in $ZIL | #Zilliqa here! And you should too! Massive upside is on the horizon...