Trend angles based on Fibonacci Retracement of Trading Range, breaking below current low is bad but angles will still stay valid nonetheless.
Today I will be doing many updates so you can follow me a bit better and see how I change my position and determine whether to enter or close a trade. I made the main chart with some important trends and fibs in 6H TF but the updates will be in smaller TF's, it's just to identify where we are in the major trend. Everybody good luck hope you learn something and...
Keypoints in Elliot Waves are generally great pricepoints to find support, this chart also includes up and downtrend channels.
It's so clear why we topped looking at logarithmic chart, it will start to contract more, first bulltrap then the BIG short.
What the hell is this dude doing? This TA makes no sense at all! Don't worry, this chart is not really meant to be trade in a normal way (you could however, all lines are resistance and support). I want to time to show you guys the beauty of what gann also tried to show, ratio and angles govern nature and thus trading in every way and so does normal distribution.
This chart is to see where some key trends are forming support, breaking below the logarithmic all time channel would be really bad but that is really unlikely for the time being. If we are in a bearish triangle we could see a bounce around 5k to 6600-6700 then down to 3000. This would be valid until we see the logarithmic downtrend line being broken upwards, this...
After a long while, EMA 20&30 are about to cross again. Will post more updates soon.
Nearing top of logarithmic resistance, we haven't tested this and it is more significant than linear! Stop-loss accordingly. Good luck, excellent short. When we hit 11492-11666, TP 10900.
Selling is exhausted and daily MACD and Stoch RSI are likely to head up in next 3 days. We got the following target points, TP1 and TP2 have good chance of getting hit, TP3 is area to get out to minimize risk. TP1:4250 TP2:4990 TP3:5660
Still some consolidation on BTC pair, but likely to break up in future. Komodo, a completely new protocol. Beats competition in several markets and is the front leader in new and upcoming technology. -First decentralized exchange working with both atomic and etomic swaps. -First decentralized ICO ever occurring on the 10th of April. -Strong privacy coin -Could...
As I posted in an earlier chart, end 2018 seems to be the beginning of a big bearmarket of the S&P500. It seems we might have began earlier, breaking down the 88.6% hype cycle can bring some bigger hits. Till 1.114 extension we should be bearish.
Can we master Davinci's sphere and know the secrets of bitcoin? Chart based on sacred geometry, radial expansion and golden spirals.
For people who trade bitcoin in Euro and what some key trends/levels.
After this bearish wave III has ended we will see up! We are looking to buy a long-term entry around the accumulation level, the bottom is ideal for big long-term returns, just hold and enjoy!
Geometry, the one to rule them all. This chart meant for intra-day trading. You have to look at the Fibonacci levels but also the Fibonacci angles. Good luck!