Cardano ADA just touched the point of control from December 3rd. There are of course higher POCs with magnetic attraction but a correction down to the untouched POC at $1.279 matches with FIB golden pocket and volume profile of this upward movement. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial...
Bitcoin is coiling up if this support at 40k holds. After todays pump im convinced we are in a triangle on the verge of a bullish breakout, after we tap the golden pocket on the nect triangle retrace. 75-80% trend completion is when i look for a breakout of a triangle. what do you folks think.
There is a beautiful Point Of Control in the Golden Pocket, hopefully we'll find support now on this downward trendline, bounce and move up. Meeting in POC with the 50D Moving Average.. plenty of confluence
So, where are we headed? Well, the descending wedge that has formed points to the 8.392 fib @ $13.74. However, I do not see us playing out the entire wedge. That gold box seems like a reasonable zone to aim at, and I wouldn't be surprised to see a touch of $16.95 to satisfy the gap that remains from the June run, but at a minimum the golden zone sits just above...
#SE is approaching the bottom of the golden pocket. This is a long term winner. I'll be adding to my position some here. It's also set up great for a #goldenpocket trade.
Any is currently sitting inside of the Golden Pocket when you use the FIB levels from the most recent Swing Low's to the Swing Highs. I made a video break down on ANY which showed some very bullish and ambitious projections by the company for the future it will be interesting to see if this will help propel the share price up if you need another example of this...
Block is in triangle pattern and fib. retracement is also in the golden pocket. I will entri here 0.13-0.125 stop loss under the trend :)
The Bear Flag Confirmed with a shallow 23.6% of the Break Target Achieved. Buyers stepped in at the .618 of the 26.8-69K Golden Pocket to set-up an 8h Bull Flag.
Today MFI daily has reached the same oversold level as the bottom of July-September capitulation period. Fractal of July-September fall looks interestingly similar to the fall of September. Both drops reached the golden pocket fib levels of around 0.6 which is not surprising. Will ADA repeat the same story? Are there enough fundamental news coming up in the...
The range high is the November, 10th ATH of 69000 (Coinbase) while the range low is 55600. Our current weekly candle (11/14 - 11/20) high is 66300 while the weekly low is 55600. RSI has fully reset from the bearish divergence caused by the rise in price and fall in RSI from October 21 to November 10th and is currently at level 45.20 moving towards 50 on the daily...
Found some buyers off the Golden Pocket of the H&S Pattern Break Target Ruler.
ETH has made a new ATH again and is heading for my target of $5,000. Do not listen to these bullshitters calling for $40,000 ETH. 1st we need to hit $5,000, then $10,000 We cannot predict the future we just use the FIB levels to play level to level. NOT FINANCIAL ADVICE!
Price action depends on BTC 🟢 Bearish breakout 🟢 Fall into golden pocket 🟢 Retest of 50%
TA explained KEEP seems to be ready for a next leg up. Pullback was completed when bouncing from Golden Pocket level and previous top (lowest green dotted line). After the bounce the 6H (and 4H) 50MA got broken strong and is retested right now. Trade setup Best entries: 0.6847 - 0.7325 TP1: 0.8442 TP2: 0.9774 TP3: 1.1733 SL: 0.6238 RR: 5.52 Max leverage:...
TA explained SKL formed a huge W-formation and retested the W-neckline on the pullback. Price is bouncing on the 4H 50 MA which also aligns with the Golden Pocket. Targets align with the extended fib levels calculated from the current pullback. Trade setup Best entries: 0.329910 - 0.345500 TP1: 0.45880 TP2: 0.53836 TP3: 0.62286 SL: 0.30903 RR: 10.11 Max...
I'm closing long position and waiting the next btc move, If broke the 56300$ resistance i will open long position with stop loss at 55k, If not there is a possibility for a bart pattern, with support on fibonacci level and strong support on dynamic green line witch coincide with golden pocket 0.61-0.65.
Head and shoulders gives us a price target of around 12.63 Ascending triangle gives us a price target of around 13.24 Swing high, and swing low golden pocket also gives us around 13.24 Several points of confluence around the 13.24 price for SUSHIUSD based on chart patterns. Not financial advice always do your own research before trading.
BTC WEEKLY 1. Does BTC have a double top in play? 2. BTC in the Golden Pocket? 3. Can BTC break R1 $53,000? No one knows, let us sit back and watch what happens. Safe trading.