This is not an analysis but just an update of what I see on the current chart.
Bitcoin has taken the support off the Golden ratio (Fibo 0.5) and according to the fractal it is extremely bearish.
not sure which one works out now.
not advisable to open a trade now.
I will update if I notice something here!
Feel free to zoomout and check how I drawn the fibo.
Reasons why I wanna long LINA.
1. Price broke through 0.236 of Fibo @ 0.02948
2. Breakout is strong enough with good volume to confirm the bullishness.
I target 0.03762 in short term. and the Stop be at 0.02749 the recent day low! plan your leverage accordingly. or Trade in Spot.
Entry : 0.03217
I'm kinda bullish for a short term!
The trend line resistance was broken and being tested ryt now.
Based on BTC's bullish breakout, I expect Sushi to jump upto the Golden Ratio of Trend based fibo. (Feel free to Zoomout and check how I drew the Fibo)
I will do a detailed analysis upon request!
Entry : 3.332
TP : 3.85
Stop : 3.022 (recent low)
Bitcoin cameback within the ascending triangle and it hit my prev TP1 successfully! Hope you saw it and made some good profit.
Take a look here!
From here BTC might attempt to breakout from this triangle again. So I'm marking the Take profit on the horizontal line of the...
Drawn the trend based Fibo to understand where are we looking it at! Please go back on the chart to check how I mapped the Fibo.
This Analysis is dedicated to one of my follower, and this is based on a request!
It looks unsafe to trade WABI ryt now. It is below 0.5 of the Fibo. Got rejected twice before (RED arrow).
Maybe WABI could give a bounce to retest 16...
Let's keep it short and simple!
Based on the trend based Fibo taken from the prev ATH 64986 and to the recent ATH 69198. BTC has touched the 1 of Fibo so perfectly and went up to retest all the main Fibo levels!
After the bounce from 1 of fibo (32900), BTC formed an ascending triangle which made a push higher to 0.618 level but unfortunately couldn't stay above...
Why do I believe it is good to long STMX ryt now?
1. we got three candle closes above the Fibo 0.236 (0.02222 USDT)
2. and if you use the Trend based fibo on the weekly chart you will get the fibo 0.5 as a strong support!
3. BTC Dominance is still within a downtrend so it is almost safe to long any alts out there!
Targets are as marked!
Total no. of Analysis :...
This is an open trade analysis.
It is gonna be a profit or lose the entire money!
I believe waves is going to hit the 1.618 of Fibo around 45 USDT. and have a huge chance of hitting 1 of Fibo around 31.
Entry : 52.8
TP1 : 45
TP2 : 31
Stop : Open! can be laddered till the ATH. A move higher will be considered a loss.
This is a very risky trade and of course...
ETHEREUM broke out the symmetrical triangle pattern above as per the plan.
Can book profit if you are in longs! or it is at your own risk!
next resistances are marked on the chart :)
Will update if I noticed anything on the chart :)
Total no. of Analysis : 7
Successful trades :...
I prefer to book profits at this zone and wait for another breakout or another pattern!
BTC approaching the resistance almost! If breakout happens we could expect 53k in the coming days or month :)
I will update if I notice anything on the chart!
Total no. of...
2nd successful signal given here! hmmmm.. Money is everywhere :)
Next primary target is 0.5 of the fibo and the green areas marked on the chart. you could stay with longs or take profit here that's your risk :)
I will update about any reversal or another pattern!
Total no. of...
I took 3.14 as an entry and so far this is the first signal given here! and it was successful.
the next nearest resistance is 3.83 USDT and 4.87 USDT respectively. Updated analysis will be on the way once I notice a new pattern or reversal.
For now! can exit a 50% or full here with good...
Based on the trend Fibo, Sushi is trying to turn the 0.786 (3.5 USDT) into a local support.
If the weekly closes above this support then Sushi will hit the 0.618 (5 USDT) easily the next resistance. and it will further try to spike until 6 USD which is the 0.5 of Fibo the next strong resistance.
and around 6 USDT SUSHI is touching / going to retest the downtrend...
I'm expecting a further drop of dominance to the next support around 1175!
Rejecting from the 1 of Trend based Fibo.
and have a good chance to fall lower to the next huge support 1070!
TP1 - 1175
TP2 - 1070
This maybe just the beginning of Alts season.
Ripple tested the 60 cents support twice which formed a double bottom!
Undoubtedly a bullish sign. and I think within a month or two it is going to test the 1 dollar zone! or atleast a 95 cents in the next 30 to 45 days!
Entry : 0.7930 USD
Target : 0.95 to 1 USD
SL : If the weekly candle closes below 0.72 USD.
Cheers. Safe trading!
As you could see FTM made a strong bounce from Fibo 1 targetting the next resistance at 0.786
Plus we got a bullish Divergence on Cipher!
Entry : 1.2323
Target : 1.5363 and I suuggest you using Supertrend to stay with the trend.
SL : 1.1584