Hi Community, Here is my take at LTC by looking at the 1hr and 4hr TFs. RSI is below 30 in both TFs, and it looks like the price may rebound on the .382 Fibonacci. If not, price may go down between the 90$-103$ range before resuming its way up. What do you think? Comments and feedback are most welcome. Happy...
Hello Traders, here's an analysis of this pair. Let us know in the comments section below if you have any questions or share your thoughts. Red is sell zone, white it take profit zone, and grey is buy zone (if shown). Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. We recommend that you keep this...
Expect a pullback before continuation of trend. Look for buy opportunities near lower 70s or go long if previous high is broken.
HKEX:1929 Broke out after a 2-months or so consolidation and looking to see further upside to HKD11.23 thereabouts.
Hi all, Though BTC is moving extremely fast it still seems to reach really proper targets and so far totally respects yesterday's plan. So here's just a quick update to our plan: wave 3 actually got to its next target by reaching a very clean 261.8%, we probably now are in wave 4's retracement which should probably go as far as 38.2-50% or wave 3, which means...
Hello all! Corsair Gaming is looking mighty juicy after reaching ATH at 51.31. I am expecting a 0.618 up to a 0.786 retracement after the recent dip from the ATH. Technical breakdown: High EPS: Bullish Volume Profile: Bullish Fib retracement: 0.382 more run up before reaching the sacred 0.618 zone MACD: Potential crossover, bullish General market incentive:...
XMRUSDT is starting to retrace after very nice bullish impulse Now the price could retest 0.5–0.618 Fibonacci level.
Needs to break above .52 to begin a new uptrend. Breaking below .485 could send us towards .45 then .40. I even can see a case for a retest at .33-.34 in a worst case scenario. However, if 2017 taught anything is once XRP begins to climb a short strategy is a quick way to get rekt. The true short trade was weeks ago in the .70c region. Certainly there...
Looking at the monthly chart it looks clear to me that Elliot Waves 1,2,3 has been formed, and now that Wave 3 has hit the 1.618 fib level of wave 1 and dipped signals that wave 3 could be over. Meaning a retracement should occur before continuing the 5th wave. This presents a potential buying opportunity at the 0.236 & 0.382 fib levels, the reason why I think the...
In two minds about BTC as we have just bounced off a 61.8 retracement on the 11th Dec, which can be found by drawing a fibonacci from 26 Nov @ 12:00 - 1 Dec @ 00:00 We are now rejecting / holding the retracement zone, this can be found by drawing a bearish fibonacci from 1 Dec @ 00:00 - 11 Dec @ 00:00. I would hope to see this sell off up until the EOY until...
Price has been moving in a down trend the previous days. Now with the new low price has formed, and a break of the previous low, I am expecting price to make a retracement and ultimately form another lower high. Once price broke past the previous low and closed outside of the trend line, price found support at the demand level. If you move to the 4...
Explained everything on the chart. It's D1 time frame analysis and tell us overall trend direction. In next post i will share lower time frames possibilities. Follow me to don't miss it. . . . . This scenario will be invalid if price break the channel to upside. . . . . If you liked the idea click like and follow to see more upcoming updates. I'll be glad to know...
Contract - CME_MINI:NQZ2020 - High - 12372.25 - Low - 12342.50 Current Stats - Gap: = N/A - Session Open ATR: 206.38 - Volume: 24k - Trend Grade: Bullish Key Levels (Rounded - Think of these as a range) - Long: 13337 - Short: 10650 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting....
Explanation on the chart