Bitcoin has fallen over 6% in mere hours after the announcement that one of the largest crypto exchanges, Binance, is being sued by the SEC. Now seems the best time for me to put in buying orders at certain support price levels.
I see three Scenarios:
1.The news that SEC is suing Binance will have no short term aftereffect on the Bitcoin price. The price will...
XAUUSD is now likely to drop to the Unfilled Order area on 0.618 - 0.716 Fibonacci Retracement level before going up to the yellow line
#fibomic
#XAUUSD
CRUDE OIL
HOURLY CHART
IDEA: Higher to complete wave 5.
Invalidation for this idea is set at 79.37 where wave 4 ends.
Expecting price movement toward 38.2% and 61.8% area using Elliott Wave wave 5 projection guideline and channeling technique.
BBCA is going to make a downside movement, the target will be 1.618 Fibonacci ratio near the previous gap or 2.24, near the classic target of Head and Shoulder pattern (yellow horizontal line)
#fibomic
#BBCA
Bitcoin in retesting the 0.50 - 0.618 Fibonacci Golden Ratio near the previous gap.
A possible reversal candlestick pattern will be an indicator of the start of a BTC uptrend, in the event of celebrating Halving Moment
#fibomic
#Bitcoin
#BTCtothemoon
Since ancient times we have seen the golden as the most satisfying geometric ratio, it can be used to analyze the proportions of natural objects but also artificial systems such as Bitcoin. I believe in the golden to be the most influential level in markets.
Last cycle, i published the fractal Bitcoin followed during the first 2 pre-halving cycle’s and except...
This is a comparison of historic fractal of pullback to current circumstance.
This particular system of patterns were crystalized after a annual fall, just like what we're at.
During whole year of decline there were no notable bullish waves collective minds are used to.
Then we saw:
We simply observed that assets like bitcoin fall in particular way unlike any...
ALGO - Fib Time & Space Predictions using the Power of Pyramids
the length of each segment of the blue rektangles is equal to the time price spent inside of the price range of the pyramid (diamond)
so using pyramids give us knowledge about time AND space
that lower triangle caught my eye a while back and i had to leave it on there
interestingly it lines up...
Hello Trader's ,, Let's Explain Together The Movement For GBPUSD For Next Days ,, And What Will Happen ,,
We Can See On Chart 2 Reasons To Sell From This Area ,,
1- Wolfe Waves Pattern Done And Ready To Down
2- Golden Zone With Our secret Numbers On Chart
The Target And Stop Lose On Chart ,, Hope To Be Always In Profit With Us
What is time cycle ?
Cycles are derived from the High and Low of the price structure, they are cyclic in nature. It follows the pattern, Changes with time. Cycle analysis should be used in conjunction with other aspects of technical analysis to anticipate turning points.
Fibonacci pullback found to be 0.618 on previous two instances.
It depicts pullback trade,...
AB=CD reciprocal 1.618 swing target with potential reaction pivotal points @ 88.6% - 70.7% from Fibonacci retracement. Remains bearish if price action breaks down the volume point of control.
