Fibonacci Extension & Retracement Ratios: • Wave 2 – Retracement ◦ 50%, 61.8%, 65%, 78.6%, or 88.6% of wave 1 • Wave 3 – Extension ◦ 161.8%, 200%, 261.8%, or 323.6% of wave 1 • Wave 4 – Retracement ◦ 14.6%, 23.6%, or 38.2%, 40% of wave 3 ◦ Ideally it should not exceed more than 50% ▪ If wave 4 does exceed 50% of wave 3, consider a different count, but do not...
Description: According to historical price action market data market like to fill gaps from 2000 to 2003 and from 2007 to 2009 and 2019 to 2020 as you can see all previous gaps was filled, but this gap has been never fill and now is possible to be filled. The same price action is on others index and stocks Possibility but is not guaranteed: If all this...
A buddy nudged me about this idea, and I do see downside for ETH. That is a significant trendline that price has broken, now PA is below the EMA's with a classic "Bear Flag" on the 1H chart. In theory; the height of the flag pole should break to the downside at an equal distance. - in theory - It is important to mention, the engulfing candle.. a classic...
#crude chart for coming days .. #elliotwave give time bearish signal.. i think 6500 levels will also see very soon
$SPY / $SPXL 👀 – 08/15/2022| S&P 500 | #Future #Outlook 🎯 - 📸 🚨 📌 What’s good #PublicCommunity? Que es la qué hay corrillo? 📌 We’re currently impulsing within Wave 3 of the Intermediate Degree (in blue). Anticipated target before the corrective Wave 4 of the Intermediate Degree (in blue), is approximately within the range of 1.618 to 2.618 (extension), of...
Coinbase saw a 64% drop in retail exchange income. Coinbase crypto trade announced critical misfortunes in Q2. The trade posted a deficiency of more than £1 billion while missing investigators' estimates. - Deficiency of £4.98 per stock versus a guage deficiency of £2.65 -Income of £808.3 million versus a gauge income of £832.2 million The US trade income...
Is it even possible to predict when a Black Swan event will happen? Is it impossible to time the market in that manner? This is what I will be attempting today , trying to time a stock market crash using fibonacci time dates in Bitcoin and the Dow. I think Bitcoin is a really important tool for world events , it's been running at a constant rate for more than...
Nothing much has happened in the last couple of days , Bitcoin looks like it's setuping up like the last two times, bullish divergence building already. USDT dominance could break the top of the channel but should get rejected off the top of the triangle. As long as we set a lower high nothing to be alarmed about , we have the higher time frames backing us up...
I decided to post the same chart on Regular scale and 4 hour time frame for out better view. ( ... Yesterdays was Logarithmic chart ). This purple fractal is much same as Saturdays, however not so extreme when compare. Nobody can't determine, which should end up better. Better than post into comment section as in previous idea. Also Fibo levels are better...
Hi again to you friends. Today, I am gonna post this blue fractal which I am watching more than weak, if you saw my last idea. Now I post you 1 hour chart for exact tracking. While some indication bottom is in, personally have not convinced very much... If you zoom out, you should see the whole bearish Wick-off structure made even before Bitcoin topped. I...
Main chart showing cycle bottoms Indicator Overview The Golden Ratio Multiplier explores Bitcoin's adoption curve and market cycles to understand how price may behave on medium to long term time frames. To do this it uses multiples of the 350 day moving average (350DMA) of Bitcoin's price to identify areas of potential resistance to price movements. Note:...
What if eveyrone is wrong ,this would be the biggest V shape recovery in history , bigger and faster than the covid crash.
Bitcoin is still inside a bear flag once we break 23k and close above it this pattern would be invalided.A break of 23k would send Bitcoin straight to 27k to close the gap most likely before going into a long range accumulation for some months. I go over in my last TA why this bear flag had a much larger chance of invalidating because of the USDT dominance, take...
Hello again, as uptrend channel broke in advance of my previous TA, bearish Wickoff developing and DXY is stronger than ever we imagined, let's see how low this bullish Falling wedge oscillate before breakdown. I am rather staying neutral on sideways ...I do not think, Stock market bottomed so let's see what near future bring. This will create great long-term...
There is 100% chance that this is going to be correct , in no way is this going to fail because im using magic .
NAS100 breaks out of decending wedge and is now currently restesting top of trendline as support which happens to land on a Fib date . Targets could be 0.5 at 13.8k , was waiting for retest to post and now it seems we might have that with a very strong open. Amazing time fib reaction .
There are a lot of predictions regarding gold and how it's going to start its bullrun and a move to 5000 in the next 1-5 years but I really don't see it that way. In this 6 month candle chart you can see that in the next 7days we will be closing and confirming what seems to be a potential "Gravestone Doji" signalling a trend reversal . Also we are inside a...
Small high risk trade in play here . Bullish divergence forming on stochastic ETH price chart and ascending wedge on USDT dominance chart with hidden bearish divergence on the RSI. Best to wait for ascending wedge to breakdown on the USDT chart.