Price grabbed sell side liquidity and then broke structure on the 4h. Price broke minor sell structure, higher low, and is currently retesting, I’m trying to catch a 78% retracement to enter the sell. I believe the sell is to complete the buy retracement that broke structure to the buy side, also expecting price to sell down to the 78% as there is an OB there. As...
BNBUSDT is heading a potential downward leg to complete iv-wave of this channel. On the 4H chart we can see a strong bearish correlation between the price action and Chaikin Money Flow bearish divergence, in which we have a c-wave failure case. The next demand zone is confluent with the Fibonacci retracement projection.
After crashing below it and bottoming at the 0.886, ATOM has come back above the 0.786 and is Double Bottoming while Bullishly Diverging above a local trendline. If this action holds firm then I think it can see $22-$44.
We've got some decent MACD divergence backing us up here looking to attempt to make a higher low than the right shoulder at a Fibonacci confluence area. I think we may attempt a secondary breakout above the resistance line.
Price action, based on Elliot Waves principles, is falling from peak after complete an Ending Diagonal from the last extended impulsive wave to a potential target at local demand in hourly timeframe in a possible 78,6% retrace as shown on AB=CD pattern, below volume POC and after reject Anchored VWAP from May '22 bottom. Consolidating in a parallel channel as...
Going to keep this simple. TSLA Bounced multiple time off the .0786 and even though the more a support is tested the weaker it gets, i think going long with a stop under the wicks would be smart. NFA Love it or hate it, hit that thumbs up and share your thoughts below! Every day the charts provide new information. You have to adjust or get REKT. Don't trade with...
Weekly Analysis, looking for a lower high compared to 22565 with Weekly Hidden Bearish Divergence on both RSI & MACD Using retraces for entries, tight stop at the .786 in case of possible reversal and full position at the .886 If you agree or disagree with the setup, please let me know and explain ! We're all here to learn and grow off each other!
USOIL had a lovely bounce based on the news off the 0.786 Fib Retracement on the Weekly timeframe and Range Low. Daily timeframe was printing a oversold signal. Currently holding the 0.618, if this holds could be good for continuation.
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.
Not saying that it is necessarily going to bottom here, but this pump was caused by LUNA pumping, and if you believe that LUNA, ANC and MIR still have another pump left in them, then this would be a great time to start buying/longing MIR. Be careful though because if this was just a standard pump & dump then it's going to get rekt, make sure to use a wise...
Once again we have a corrective rally. We have just completed multiple patterns in COINBASE:ETHUSD this morning @ the 78% level setting up the next move below 1400. The good thing about patterns completing @ the 78% is that you dont have to risk much because if we get above 1720 then the pattern are wrong and we look for something else. I hope this helps....
We have hit an overall .786 from the Macro Low to High and have Completed a Bullish ABCD on the way down to the .786 and now we are looking for this to come back up to the level of C so long as it survives today's earnings.
4h time-frame: price retraced to 0.786 of the previous fall. 1h time-frame: during this correction movement, a channel formed. A head and shoulder pattern shaped at top of the channel. Breaking down the channel and the pattern in 1h time-frame convince me to start down-trend in 4h time frame.
First things first, I'm not the biggest fan of this centralised thing called XRP. I don't like the propagandists on YouTube spreading rubbish like "XRP TO 10K, 25K ,50K, 100K" ", The Great Reset " etc.. But feelings don't matter here, and as my mentor repeatedly says - "Emotions man, A Money Killer" Since it hit 10 cents during the March 20 sell-off, price...
COINBASE:ETHUSD has seen more selling pressure and hasnt has a bounce yet. We are approaching the LOG ABCD target around 1500. This could provide some buying to get the bounce but ultimatly will give way to more selling. Looking at the AI for the year we can expect a low somewhere around SEPT/OCT. This is where it can be down around the 1k level and another...
BTCUSDT short continues. All we have to do is hold shorts till the local support. A pullbacck will occurs from that and then the market shall fall from this consolidation, so-called bearflag on intraday timeframes. Down is the way on the road of a bearmarket. Put your money in risk in small pullback on the mid location between supply and demand will ruins your...
OANDA:US30USD US30 made a retracement at 78.6% at a resistance level with wick rejections and a bearish engulfing candle for a short setup.
The price is revisiting the Fibonacci Retracement short zone at 88.6%-78.6% range showing candlestick weak in a bearish hidden divergence with Fisher Transform and Awesome oscillator, facing great selling pressure, forming bearish pivot point to a short recharging.