BTC attempting a sizeable jump from last fib at 52.8k. We are now approaching a "minor" but key fib at 61.25k. The first blue fib after a gold is quite often a local top. It is PROBABLE that we get some retracement from there. It is POSSIBLE to break and retest that fib for continuation. It is PLAUSIBLE (but unlikely) that 61,256 will be "the"...
Update to my posted call for 52.8k target and resistance (click). BTC hit the Golden Genesis fib at 52.8k and is staggering since. It still appears very bullish, but bulls are clearly struggling here. The longer it hovers below the major fib, higher risk of a drop. Golden fib at 52,838 is now reinforced by local fibs for stronger barrier. There is a new...
URI heads up at $675: major fib confluence, possible local top. The exact zone defined by the fib confluence is 671.30 - 677.71 Look for a pullback there, or a break and retest for continuation. Will post updates as price action hits key levels. =========================================================
This is a follow up to my post linked below. AVAX broke out of range and ran to major resistance. At a Genesis (from birth) Golden fib plus local Golden. This could end this particular wave, or break and run. Drag the PRICE scale DOWN to see other zones above. $ 43 is the immediate resistance then $49 per last high. $ 69 above is the next Golden fib (sister of...
This is a follow up to my $689 call posted here (click). NVDA is currently testing a " Golden Genesis " fib at 689.12. Strength in the chip sector indicates it will continue higher. But expecting a pullback first, or "Orbit" this fib a few times. Ultra Bulls might place their stop-loss just below this. Trader Bulls might sell some here to buy back lower. Late...
49,080 coinbase is the key "floor" to claim. From there it is a significant jump to next fib. 52,838 is a "Golden" fib, strongest one around. PROBABLE that we "Orbit" the 49k fib until new week. POSSIBLE that we get a pullback from 49k before break. PLAUSIBLE that we blow straight through 49k then retest. This is a followup to my post about 42k being the most...
GRT sitting in a tight range, looking for a Break Out. I prefer break- and-retest entry, others go on break. Bulls need to flip the first red zone input support asap. See "Related Ideas" below for info about my methods. =========================================
Follow up to my big picture calling for 52.8k target (click). Golden Genesis fib at 52,838 was certainly noticed if not a top. The most LIKELY scenario is that we orbit this fib for a few days. But is POSSIBLE that we have topped (for now) so look for supports. $ 51,208-276 is first support and Strong Bulls would hold it. $ 50,330-396 is Ideal retrace target...
Quick post for a possible "ABC" correction. $ 48,090 (coinbase) is a " Genesis fib " (click). $ 47,467 is a node of wave down from 69k top. ========================================== .
MPL is well poised for next leg up. Long entry would have tight stop loss. Should be able to catch a few percents. $ 15.22 - 15.40 first resistance and target. $ 16.96 - 17.30 second barrier and target. $ 20.28 - 20.40 third and final trade target. ======================================= .
IMX has just hit a key zone around $ 2.65 Confluence of local golden plus a high tf fib. Previous two sister Goldens caused retreats. It is PROBABLE that we see a pullback. It is POSSIBLE that this is a Top for now. It is PLAUSIBLE that strong bull breaks it. $ 2.50 below would be first good support. $ 2.28 below that will be key trend support. $ 2.87 above...
TSM just popped into a double fib confluence.. Chip sector is very strong, so likely to continue. Looking for a little dip to add, or Break-n-Retest $ 133.65 - 133.79 is the exact zone up here. $ 177.02 - 119.18 will be first strong support. $ 142.82 - 143.91 will be next resistance above.
45,163 and 58 cents (on coinbase) is the next Genesis Fib. We have just left orbit of the "minor" sister fib at 42,789 Next at 45,163 is a "semi-major" ratio, so higher gravity. It is POSSIBLE that it rejects and ends the bull wave. It is PROBABLE that we orbit this fib for some time. It is PROMISED to cause a reaction with some clues.
Ferrari's latest Earnings report was great news. Price popped to the Golden Genesis fib at $517. Look for retrace or break and retest for long entry. ======================================
Shown here is the same fib series in three different timeframes. Left chart shows its "Genesis" (birth) and the growth rings since. Right side charts show the same fibs but in smaller timeframes. The fib at 42,789.57 (on coinbase) is actually a "minor" ratio. But it of the most important Fibonacci sequence of BTC's life. The "Genesis Sequence" has caught all...
NVDA is currently at a Major Resistance cluster from $625 into $640. Expecting a retrace or consolidation before uptrend continuation. Drag DOWN on the PRICE scale to see zones above current window. Bears might get a desperately needed short with movement. Bulls might expect a pullback to a green zone where to add. Break and retest of red zone for uptrend...
SNAP crashes to a MAJOR support: Do or Die level. $11.7x is a confluence of two major golden fibs. There is no stronger level than it, anywhere near.
As you know, GE has been blazing upwards. It has just hit a confluence of major fibs. Looking for a pullback or Break-and-Retest. Given the strength, it is likely to continue higher. But it might be worth selling some of it around here. Or one could move stop loss to just below this zone. ================================================ .