IOTA is currently sitting at the 1.272 PCZ of a Bullish Butterfly and this 1.272 extension happens to be the last positive Fibonacci Extension on the linear scale, meaning that this is probably the least risky area possible to buy IOTA and perhaps aim for much higher levels, even as high as 1–2 dollars. Given how tight the entry and price action are, I think as...
🔍📊 Current Market Overview: I'm closely monitoring the EURUSD pair for a potential shorting opportunity on the higher timeframe. However, at the moment, two buying opportunities have emerged, which deserve our attention. Let's dive into the details: 🦋 Bullish Butterfly Pattern: On the daily chart, we have identified a Bullish Butterfly Pattern with completion...
Gold has Double Bottomed at the PCZ of a Bullish Butterfly that is visible on the 1 Hour time frame; if it plays out it could go up to at least $1,958 and at most $2,022
The 3x Bearish Return ETF for the IWM is currently showing Hidden Bearish Divergence on the weekly at the 55-week EMA, and it looks like if this Hidden Bearish Divergence plays out we will see the ETF fall below the B point and begin to accelerate its Bearish Wave Structure which would complete between the 1.272 and 1.618 Fibonacci extensions. This would mean...
Despite BTC's price action breaking below the support zone, it still continues to Bullishly Diverge on the RSI as it forms Bullish Harmonics at the lows. As of right now we are at a shared confluence PCZ of a Bullish Gartley and a Bullish Butterfly which also about aligns with the 200 week SMA and we could be double bottoming here preparing for the big move up.
A Bullish Butterfly Pattern retest give traders who were looking for buying opportunity to engage the trade. What I like about this setup is that a clear RSI Divergence is within the butterfly pattern
SOFI is currently trading and forming a Bullish Head and Shoulders at a shared confluence zone between the log scale 1.618 and the linear scale 1.272 Fibonacci Extensions which in both cases would be the PCZ of a Bullish Butterfly; While it is possible that it could go deeper into the linear 1.414 Extension I do believe that the action we're seeing from the price...
- Negg is an interesting stock with the potential of great returns in the future - Right now it seems prime to have a small run, depending on the overall market situation
Bitcoin on the 4 Hour has printed a Double Bottom with Stopping Volume on the Second Bottom at the 1.414 PCZ of a Bullish Butterfly and at the 100 Period Simple Moving Average. I am still fishing for a Waning of the 4 Hour MACD Negative Momentum so confirm the entry and will be using the 1.618 and the 200 SMA as a line in the sand that price must hold above.
Bitcoin on the 4 Hour has printed a Double Bottom with Stopping Volume on the Second Bottom at the 1.414 PCZ of a Bullish Butterfly and at the 100 Period Simple Moving Average. In the next 2 minutes we will see the current 4 hour candle close and a new one will begin which is where it will show rather or not it wants to confirm the waning of Negative Momentum on...
After a decent bullish type 1 reaction the SPX has come back down to the zone and looks to be showing moderate exaustion. If we can get that MACD to cross and the RSI to curl out of the oversold region we could very well see the SPX stage a rally before the end of this week or at the start of next week. That should take it to the true target of atleast $4120 or higher.
AUDUSD has formed a classic bullish butterfly pattern. The D leg has completed formation. I am already long and targeting levels at 0.6822. Use proper money management.
The S&P 500 has formed an Inverse Head and Shoulders pattern at the 800 EMA after bouncing from the Potential 1.414 PCZ of a Bullish Butterfly and filling the gap below. Now the SPX is looking to breakout Bullishly and Target the .618 Retrace to fill the Gap above and perhaps go even further beyond.
You will see nice price turning and also there are Libra and Harmonic Butterfly pattern. Lets see what will happens
We had a bit of a bearish pullback because of Bitcoin and it was tradable thanks to the Bearish BAMM but now Litecoin just finds itself back at a major support that happens to align with the 200 SMA and the 1.414 Butterfly BAMM PCZ. If Litecoin can pivot from here i think it will go for that $99-$105 target though a more short term target would be $74-$77
AKROUSD is Bullishly Diverging on the MACD and RSI as tje PCZ of a Bullish Butterfly while also trading within a Falling Wedge and Backtesting a Potential Spring.
Divislab made butterfly pattern on 30 min TF with good volumes. Could be bought only above 3350, as it confirms pattern With mentioned stoploss & target.
Crypto has gone through a shot term pullback but we may be nearing the end as we can see some coins like XRP and LTC near PCZs.