Looking at Traditional Pivot Points and the reoccurring price action between Pivots “P” and “R1” and highlighted by a Bar Pattern.
As defined by TradingView
“Pivot Point analysis is a technique of determining key levels that price may react to. Pivot points tend to function as support or resistance and can be turning points. This technique is...
Tel pour le BTCUSD, Les prix sont en dessous du point pivot et ont cassé le VWAP à la baisse. Nous avons donc une forte probabilité, de vente. Mais actuellement nous sommes sur un niveau de support important S1. Il va donc falloir attendre la cassure de S1. Si non, les prix pourraient repartir ) la hausse et casser le VWAP , puis le point Pivot par la suite. Ce...
Lots of room to move in March. The convergence of this weeks weekly S2, monthly S1, and the fib 78.6% (Jan. ATH) lines at 33k is happy news for bears. Lots of resistance points on the way back up for bulls.
I will DCA this month in the daily S1-S1 zones and watching the BTC dominance to fall for chances with alts.
The previous idea on the daily time scale was confirmed. A daily close below 54.3k (monthly R2 pivot point) and the next support level would be at 48.8k, which is right were we are at.
Following the same idea, if we get a daily close below the 48.8k level and next strong support level is in the 41k range.
The convergence of weekly and monthly pivot points as...
The key range seems to be 54.5-57.3k
A close above this range and the next resistance should be at 61k. If that is broken 68k is definitely possible by the end of the month.
A close below that range and we could easily revisit 48k before moving back up again. There should be strong support here (including mine) with everyone and their grandma buying the...
Looking for ETHUSD to retest the previous resistance in 1.5-1.6k range and grab some more liquidity before moving to 2k. Has formed a massive extended W and should retrace. Good good opportunity for a short.
Things are looking up at the moment, but the bearish harmonics at daily R1 suggesting that the resistance may still be too strong. If we cannot break this daily resistance at 32.3k we should get another opportunity to buy lower at 30.7k or 28.8k as this sideways movement continues. Waiting for the big moves down to 28-25k or up to 35-37k.
Following this descending channel on the 4hr time frame since the ATH, we see that each week when the price has dropped through the weekly pivot point it has hit the S1 each time before recovering. This week we haven't been able to hold at the weekly pivot, so down to 28k we go...
From that point, there should be enough interest to recover and hopefully break out...
Bought into VML on the 21/12/2020 for 0.034.
It's been a bit of a wait for the breakout, but here we go.
VML closed today at 0.044, 10 pips up from entry price - (26.92% profit)
Conservative Target = 0.058
Aggressive Target = 0.063
Bought into AVE a couple of weeks ago on 4/12/2020 at 0.014. So far I am happy with its progress.
Trialing a trailing sell technique with this one.
Original STOPLOSS: 0.012
Adjusted STOP LOSS: 0.019
Resistance level expected around 0.026 - 0.033
Conservative Target = 0.026 - 0.033
Aggressive Target = 0.040 - 0.046
Aggressive entry at 0.013 on Friday 10/12/2020
Stop loss at the 0.618 fib level = 0.010
Conservative target at the next resistance level determined by pivot strategy indicators = 0.023
Aggressive target beyond the 0.618 fib extension level determined by flag pattern = 0.030
Mid range target at the 1.618 fib extension lvl = 0.027
Short term bearish, then bullish through 2021 based on the following:
SRSI overbought but bullish
RSI overbought but bullish
BB between previous S4 and current R2
Projected movement is 94.65 to 93.65
Movement to follow S, R, and P pivots
SPY bullish by +5 or 334 based on auto fib
Range is 93 to 100 by 9/30/21