Hi traders, I'm showing to you a more comprehensive daily chart after a weekly from yesterday w/ the Fisher Transform oscillator to approach one more undoubtable signal in confluence to the price action monitorized by the downtrend condition below 20 Volume Weighted Moving Average plus Fibonacci Retracement hidden strategy which uses the 14.6% golden ration...
LINKUSDT seems peaked at this Right-Angled Broadening Wedge. I'm using Herif's Harmonic Pattern Projections indicator to show the 5-0 Harmonic structure within the Broadening Wedge. The price action is trading at this Potential Reversal Zone at the top due to a Candlestick Engulfing Bearish on BTCUSDT and a C-D bearish swing-leg can be expected to Volume POC...
After a recovery rally that reaches the upper trendline of the descending triangle, the price action appears to be printing a Head and Shoulders formation, the right shoulder can be formed after a possible reaction from the green box area (local support), then the price can turn to react to volume POC Level @ USDT6.4 which is the same level as the low of the...
Expanding diagonal ending at potential right shoulder peak below volume POC.
Hypothetical scenario with potential fractal of Fisher Transform oscillator for the bottom price region.
As we can see on this 1D chart, BTCUSDT can be ready to drop as Chaikin Money Flow and RSI correlations seems to be close to repeat signals for a potential drop. A target for this possible impulsive bearish wave is a Deep Crab harmonic pattern aiming the bottom from this consolidation. A strong pullback can occurs @ the support area. For an effective signal to...
LINKUSDT spiked closely @ TP1 which is a harmonic AB=CD pattern target from a breakdown of the prior low 1M candlestick inside bar. Reacting now from the volume POC. A complex Head and Shoulders can be validated after a pullback to neckline. Plus potential bullish Butterfly target.
The next potential bear trend for a bearish scalping will stay below LSMA. Bearish hidden divergence on Chaikin Oscillator which looks like ready to dive below zero line. Harmonic target area between 14.6% Fibonacci Retracement from peak amid 88.6% of prior upward retrace.
AB=CD reciprocal 1.618 swing target with potential reaction pivotal points @ 88.6% - 70.7% from Fibonacci retracement. Remains bearish if price action breaks down the volume point of control.
This pattern is actually in high reliability as the price action shows a pivotal sign in confluence to a 88.6% Fibonacci Retracement. Hidden bearish divergence on Fisher Transform oscillator which crossing on H1 reinforces the idea of a peak for this cycle. A 2nd target to watch @ 14.6%.
LINKUSDT price action is now returning to the Monthly Inside Bar Zone after rejection from neckline of the Head and Shoulders Top. I'm expecting a swing downward to fill the gap below the weekly volume POC by least at Monthly Inside Bar open level. This level seems to be a psychologic key level for traders that waiting for long positions opportunities. I'm...
As we can see on the 4H chart, we have a Max Gartley pattern in formation. The PRZ - potential reversal zone - is very close. Pivot points can be observed in the Fibonacci Retracement. Fisher Transform Oscillators (www.tradingview.com) and Ehlers Stochastic Oscillator-LazyBear/) in bullish momentum. LINKUSDT is in a 4H bullish momentum driven by the daily relief...
Potential Head and Shoulders Top 3D scalp trading LINKUSDT is initiating a bearish momentum on 4H chart. The price action tested the trendline w/ weak volume. Expecting a neckline validation for a turn-point to scalp the probable right shoulder of this bearish pattern. Then I traced horizontal lines to look for the potential pivot price levels. Oscillator Fisher...
That's my ultimate speculative map for a potential downtrend anatomy for LINKUSDT. We have a reversal Head and Shoulders top in formation, which a pullback to neckline can occurs in a retest of broken dynamic trendline. If the price remains bearish, a test of the volume point of control POC can be expected. Then a potential downtrend in a parallel channel...
Short position @ peak of right shoulder from a bearish Head and Shoulders Top formation. TP1 38.2%; TP2 14.6% Fibonacci Retracement levels.
Price action: T Bar reversal on 1H chart Extreme bearish Trend: Exiting from Diamond 88.6% FIB rejection Gartley AB=CD .786 - 1.272 optional TP 14.6% key level Fibonacci retracement @ 17K final TP Patterns: Descending broadening structure Triangle Rising wedge Diamond
Gartley's AB=CD Harmonic pattern applied on prior swing A-B-C w/ 78% retrace which predicts a potential 127% retrace downward. Hidden bearish divergences on Chaikin Money Flow and Fisher Transform oscillators. Price action: T Bar reversal @ peak. 88.6% and 14.6% Fibonacci Retracement PRZ levels.
There's no reason for bullish bias. The price action shows an engulfing bearish after a pullback to triangle upper trendline, healthy 30% retrace and retest. Supports broken. Price below daily volume point of control -rejected from POC. Expecting lower lows aiming 14.6% as seen on chart. 17K is possible in a next swing downward. Plus hidden bearish sign from...