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618 Fibonacci Retracement

BTC Crypto Hype III - The top is set - 618 play !!Hello trader, good mood and profitable deals! If you're new in the game,and you are interested in my plan, check out my previous analysis : BTC fractal analysis! bigger correction is comming ? Altcoin session is comming !! BTC Crypto Hype - MA fight !! BTC Crypto Hype II - Fractal play !! As I have mentioned before, I believe that the BTC rally has come to an end, at least for this summer . The rally ended at 65k at the 2,618 (from 20k - 3k, correction of the 2017 rally) and dumped to 47k, the 1,618 From here we saw a strong bounce, how else could it be, to 618 of the previous move. the mass was bullish again, the bulltrap was set. will continue to trade the 618 game until it fails. After the next correction I will go SHORT. Target in the chart I would like to mention that all I post are just options and my own opinion ! Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade. Discipline is the key to success ! Unfortunately, my english is not so good and I work with google translate, but if you have any questions I will be happy to answer them . If you like my posts smash the like button, comment or follow me. Dyor an trade save !
KRAKEN:BTCUSDShort
by TR7z
20
AUDUSD a turn at the 0.618 🦐AUDUSD our last analysis reached the support area at the 0.77 area. The price tested the 0.618 Fibonacci level exactly at a weekly resistance and then starts to move below at the lower trendline of the ascending channel. According to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Short
by InkyGrip
4
GBPAUD turned at the 0.618 🦐GBPAUD after the bounce over the support area at the 1.77500 moved with an impulse exactly at the 0.618 Fibonacci retracements where the market started an inversion. According to Plancton's strategy if the market will break below the support we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
8
Bitcoin inverse head & shoulders + FibonacciAs you can see drawn in the chart, we could potentially see a re-test of the left shoulder as we create an inverse Head & Shoulders. This level is also coincidental with the 61.8% fibonacci retracement level ($43K), which many call "the point of no return", meaning a breakdown below this level is expected to reach 100% retracement, which is around $29K. The 50sma is has been working well since the end of October 2020. And will be important to retake if the bulls want to take control.
BITSTAMP:BTCUSDShort
by dorfmanmaster
NZDJPY a turn at the 0.618 🦐NZDJPY after the impulse until the upper trendline of a descending channel started a grind over it. The price retraced at the 0.618 Fibonacci level over a support. According to Plancton's strategy if the market will break above we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8
GBPAUD turned at the 0.618 🦐GBPAUD after the bounce over the support area at the 1.77500 moved with an impulse exactly at the 0.618 Fibonacci retracement where the market started an inversion. According to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
12
Bitcoin to see a further correction downYesterday, when I was reviewing the charts, I was looking for buys around 60k for buy entries. But as we saw some FUD enter the markets, the price took an unexpected dive. This in effect altered the structure and gives a little indication of what's to come. Looking at the structure now, it looks like we will see a retrace of that drop back to around 60k (0.618 fib level), to create the H&S, where I am anticipating a bigger correction of the overall upward move back down below 50k, my guess would be around 48k but could go as deep as 45k. Let me know your thoughts. Trade Safe! HEET
BITSTAMP:BTCUSDShort
by AfterlifeTrading
USOIL bounce at the 0.618 🦐USOIL after the recent high started a retracement move until the weekly support at the 59 area over the 0.618 Fibonacci level. The market attempts to break below a few times and consolidate before starting a new impulse. According to Plancton's strategy if the price will break above and the conditions will be satisfied we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
TVC:USOILLong
by InkyGrip
22
Bearish Dark Cloud Cover at a 0.618 Fib Retracement On the DailyYesterday TSLA went up to fill a gap before closing bearishly on the daily and ultimately forming a Dark Cloud Cover. This is a bearish signal that could take us down to fill some gaps on the downside, potentially going as low as $412; Any significant price action above the 0.786 retrace will negate this trade and any significant price action below the 55 Day Simple Moving Average will strengthen the validity of this trade.
NASDAQ:TSLAShort
by RizeSenpai
1
EURCHF rejected by the 0.618 🦐EURCHF on the weekly chart is moving within an ascending channel. The market reached the 0.618 Fibonacci level exactly below a resistance area and got rejected. Currently, the price is testing a support area at the 1.10 zone and according to Plancton's strategy if the price will break below we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
2
UKOIL ready to break the support? 🦐UKOIL is consolidating over a daily support. The price after the last bearish move has retraced until the 0.618 Fibonacci level and now testing at the 0.5. If the price will break below and the conditions will be satisfied according to Plancton's strategy we can set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
TVC:UKOILShort
by InkyGrip
6
AUDNZD testing the 0.618 🦐AUDNZD is moving on an ascending channel and after the test of the upper trendline is retracing to the support area near to the 0.618 Fibonacci level. The market now bounces over the daily support below a minor resistance. According to Plancton's strategy if the price will break over it we will check the conditions to set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
2