Search in ideas for "PLOT"
NZDUSD SHORT BIASplotting the fib level of previous swing on the monthly timeframe, we expect price to retest the resistance and sellers push price to weekly support.
confirmation
we need to see multiple rejections of the trendline and monthly resistance
significant bearish candlestick
"PLEASE NOTE" this is just what i see in the market, backup with your own analysis and only trade what you see.
demand supply Plotting Support and Resistance Levels
One thing to remember is that support and resistance levels are not exact numbers.
Often times you will see a support or resistance level that appears broken, but soon after find out that the market was just testing it.
With candlestick charts, these “tests” of support and resistance are usually represented by the candlestick shadows
ETH.usd Heads Up at $522.69, high timeframe 2.618 to be ware ofPlotted is the SINGLE Fib series that has caught EVERY major turn since the $829 top.
We are now approaching the KEY level 2.618 which is always strong like a rook in chess.
No way to know if 522 will be the top, but IF there is one soon, THAT would be perfect.
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My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
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15,966 and 42 cents: Bitcoin key level or 14,63x possiblePlotted are two separate fib series, both of the "Golden" type.
"Genesis fib" which has caught every major turn since 2015.
"9k Parabola" has defined the growth of this bull run of 2020.
Every "Strand" from either Fib has been a landmark level.
Confluence of strands adds to the "Gravity" of that zone.
Gravity can sharply reflect the wave, or "Capture" into orbit.
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My TV collection of ideas detailing the Methodology:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
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1463x: Target and Danger level for Bitcoin leg upPlotted are two Golden Fibs of different time frames.
Solid lines are levels from local " Golden Fib " (parabolic).
Dashed lines are Bitcoin's "Genesis Fib ", also a golden one.
Double fib at 14,63x should be very high gravity zone.
Minor hurdles below are 13,995 (14k call it) and 14,322.
IF we get to the 14.6 area, be VERY alert around 14,630.
HOWEVER, we are likely to pull back a bit right about now.
Local (solid) Gold 46.971 at $13,300 is a very likely retrace point.
Genesis (dashed) 46.791 at $12,644 is quite plausible for a wick.
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My "Book" detailing my Methodology with Examples:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions <== Current Example
Chapter 6: Give me a ping Vasili: one Ping only
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XLE break to the upside. Target 31.50Plotting the XLE index with 4 hour candles, we observe a clear downward tendency since mid August. However, the 20 MA suggests a bottom at around 29.75, with the price closing above the MA for the last 8 candles (roughly 4 days). If the price can close above 31.50 tomorrow, we are bullish towards 32.50 as our first objetive.
LOOM.usd has come a long way, another good Jump coming?Plotted is the same Fib series on all three charts, just different time frames.
LOOM has been making slow but steady progress from the Covid Crash bottom.
Now it is at the edge of the next large open space and contemplating the jump.
.0433 would be the Ideal launch point.
.0395 would Not be great but acceptable.
.0335 would be the Last shot at new highs.
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Hypothetical wedge symmetry DNTplotting out some potential moves that DNT may make
DNT currently has volume of 140million and counting
jump on the bandwagon while you can
This is my favourite altcoin