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886 Fibonacci Retracement

TIME TO BUY ATOM CLOSING IN ON THE .886 With BTCs Correction still not complete I expect to see more ALT Blood . We can see here with ATOM on the HTF we are trading inside the symmetrical triangle and we have previously hit the .786 fib maybe 5 times and its done a great job for support . This time round I would like to see it break and the PA to come outside of the triangle down to the .886 FIB and then bounce back inside the range . Set alerts for the downside and be sure to check BTC chart before jumping into any ALTS but in my opinion I think this setup is the basis for a good plan . Ensure to know your Invalidation and know where you are wrong Like and follow for regular Setups
Long
by SJTRADESFUTURES
2
Inbound Long Opportunity set alerts DOT/USDT DOT had completed its Retracement down to the .886 Fib and had a 45 % move upwards since hitting that level . Right now though we have been pulling back inline with BTCs downtrend . Below the current PA we have a Monthly level inline with the .886 so its possible that we revist for a back test and depending on BTCs volatility this could be a great Long opportunity . Have a trading plan and know your invalidation . I will set alerts and I will be watching to see how BTC behaves before filling any longs with Alts but this one is well worth adding alerts for. Thanks for viewing now like and share My Gratitude to you .
Long
by SJTRADESFUTURES
2
LOOPRING LONG SETUP LRC/USDTLoopring currently sitting down at the .886 and at the POC of the entire range and printing HL and HH for a market structure change . I have measured some regions on the chart pulling Negative Fibs and Standard Fib retracement tool for areas of confluence although I have kept some info at a minimum to keep the chart looking clean . I decided to take away all the Daily/weekly levels except for a few as these areas will add to the resistance at those regions. Not all levels are displayed again just to make it easier to read so pls do add your own levels if need be . FIB Speed fan also used from High to Low and aligns very well with our areas of confluence that are highlighted. As seen in the chart I have outlined 3 regions for taking profits but its your responsibility to determine your own invalidation and entry . If BTC decides to drop then no alt coin will hold regardless of how bullish the asset is so ensure to follow your Risk management plan and have awareness of BTC.
Long
by SJTRADESFUTURES
Double Bottom at ABCD/88.6% Confluence Zone With RSI DivergenceThis Double Bottom is looking pretty promising I set the Fibonacci tool up in logscale and that reveals that we are at the log-scale 88.6% retracement and from the looks of it are Double Bottoming while Forming Bullish Divergence on the RSI and as if that weren't enough we are also very near the PCZ of a Bullish ABCD which is just below us but the context of us showing bullish variables like this so very near the PCZ and at the 88.6% leads me to believe that right here and right now is a good spot to buy.
FTX:MNGOUSDLong
by RizeSenpai
Nasdaq Dip Now >> Santa Rally NextLooking for a leg down to complete a 4th wave in Nasdaq & S&P . The recent strength can be counted as a B wave with C expected down. A very long trend line and recent touches on it could amount to a bit of a snap if it breaks. C waves are often an impulse as well, so it could be a quick decline... But it is a bull market so expect surprises to the upside as noted, shorting may not even be a good option here. If I'm right there should be a good buying opportunity which could amount to a Santa Rally if it sustains. If you aren't familiar with the 88.6% Fibonacci, .886 is the square root of .786... hence the note on the chart. I will likely short at 62% or 78.6% of A with a risk to the 88.6% depending on how the evening proceeds.
CME_MINI:NQ1!
by FuturesIntelTM
$MARK Remark Holdings did 88% retrace after the last meme run$MARK Remark Holdings did a full retrace after the recently seen meme run, if we go for a second run, it might be off of this levels. It's nothing to do a serious swing trade on, therefore this is NOT a Setup. But don't be suprised, if we see another headline day or two in this stock. Maybe put a volume alarm on this one, that's what I do, and just forget about it, and in case we get some serious volume back in $MARK one could jump in with a small position.
MLong
by 10xTrading
Hidden Bearish Divergence at a 50% RetraceI think XRP has had enough upside from here and will reverse between the 50% and 61.8% retraces. A few days ago i was Bullish on XRP at the bottom of a descending broadening channel but we have since reached the top of this channel and are now showing signs of 4 hour hidden bearish divergence on the RSI. If this continues and we see a reversal from here then i'll expect XRP to go as low as 37 cents near the 886 retracement on the daily timeframe.
FTX:XRPPERPShort
by RizeSenpai
CLOV: FIBONNACI GOLDEN MEAN RATIO RESPECTED!!!As you can clearly see in the chart, the golden mean ratio (.886) was well respected, and resulted in a positive retracement. In addition to the .886 being respected - the area(s) between $8.90 -> $9 which were once strong resistance in the past, were regarded as support. This has flipped the bearish sentiment, into bullish. If you missed the entry at $9, one can value this stock as a "sale" at any price under $11.80 level. Pay close attention to the other Fibonacci levels, in addition to the psychological resistance levels (.00 & .50), as this asset pushes upward. PLEASE LIKE/SUBSCRIBE IF YOU LIKED THIS TA! (This is not financial advice, and I do hold long positions in this asset)
NASDAQ:CLOVLong
by CLTullmann