If you dont like the euro, just chart it yourself in the same way, its a nice learning experience if you are new to this, Further i see it breaking down again in teh same way as it just has, with the 4 fib levels as Take-profit areas, ALWAYS LADDER OUT, never one TP! and maybe you could even set your LONG-trade on the Green dotted line or the .786FIB at the same...
A not so spectacular but sure swing long trade for WOO/BTC, only 225% to the 4.618FIB this time, i'm setting my 3 TP's at the 2.618, 3.618 & 4.618Fib. NO Stoploss, its a spot trade
no real trade here but, this 12H STOCHASTIC, tripple BULL-DIV-CONFIRMATION is the lead for crypto now, AND ALTS!!! I thought it was gonna go a bit lower though, it wont, most probably, ALTS already going higher now, if you find value please make a FTX account in my Ref-Link, THX
consideing the .272FIB strategy, it should bounce at the green square, and have a violent move up, and stay upwards! i was too damn early, but in hindsight many new listed coins first pump to then dump and dump, below the former low, and then reverse, just like CAKEswap did this week, watch out, this will work out!
Bittorrent seems to break out also, nice entry level, the 4.618FIB as last target.
in this chart i'm showing that the 4.618FIB extention is very powerfull in this market, no matter how you draw the first fib, the 4.618fib has almost the same result and gets hit anyway, i use this in almost every swing long now. The green arrows are TP's, take them! Cause this market is in F'ery-state lately
no explanation needed now, just go ALL-IN, low lev as always,
Allthough CREAM had a hack lately, therefore the big dump, people forget this stuff fast, it could decent till the .886FIB first before mooning, ar it moons from here, one or the other, consedering the bull Div on Bitcoin and it 12H stochastic being at a low, it could go up now
lets just hope i am wrong this time, if not, it would bring much pessimism in the scene, what we dont need that much of really, damn
just check the 4red circles and 4 green arrows, THATS WHY i think we are in the same situation as in 2017, so we are good for several months still, the RSI that goes down is confirmed HIDDEN BULLISH, not Bearish., Elon wont buy 1.5B BTC to dump months later also, open up your eyes, zoom out when in doubt!
CREAM looks like it consolidated enough now, the reason i see it go beyond the 4.618FIB is that this one, cause of its fundamentals will be overextended, like CHZ did fe, its a safe entry, just use always low lev, and should it drop, buy more, this will pump! if you find value, be so kind to ask my ref link for the best exchange in the space, FTX, for a 30% discount
This is a rather small trade, only 160% potential for the first run of its newly listing on FTX, once such tokesn reach the 4.618FIB they run out of steam, but a safe entry, which makes it a good one, if you find value in these trades, be so kind to make an account with my ref link of FTX, please ask for it
So if BTC doesnt break down quickly, we may have a double H&S pattern play out, with a tight SL, you can bet on both, to calculate the target for a H&S, you can set 2 targets, the first measured from the bottom of the latest shoulder, second target measured from the neckline, (as everyone does), (the first target, how I measured it, ALWAYS GET HIT ;-) ! (second...
SO i was eying this since the former low of $42700, we didnt test the $40k then but impo, we will now, because of those 2 indicators RSI and STOCHASTICS on the 12H tf, i made a circle around the key points to show why i expect it to dump, 12H Stochastic are never wrong, they have a 9/10 hit-rate!, but we need more consolidation to let this bull-run last longer,...
So if BTC hits between the .618 & .5 Fib, with a tight stop , short it, till it hits the trendline to long again
a 9th one, i'm going to take, to get the full swing like it did since newyear, just spot buy, or low leverage, the green lines ar TP's ofc, always take it, always. All on FTX, ask my link to get a big discount on the already lowest fees in the space. even if the SL is hit on all of them, never sell it, just buy more
the 8th swing trade, almost forgot this one, only the potential upside is crazy, if it does also this full swing like it did since newyear, just spot buy, or low leverage, the green lines ar TP's ofc, always take it, always. All on FTX, ask my link to get a big discount on the already lowest fees in the space.
and the 7th one, and the last for these swing-trades, (for now), to get the full swing like it did since newyear, just spot buy, or low leverage, the green lines ar TP's ofc, always take it, always. All on FTX, ask my link to get a big discount on the already lowest fees in the space.