Filecoin Analyze!!!I hope that you could take profit from this market that you are seeing now :) .
I want to publish an idea bout Filecoin today.
Location: Probably we are on the start way of the Main wave 5 , We have to try to find the End of Main wave 5.
The End of it can be around our clusters that you are seeing on FILUSDT Chart , even I tried to find TRZ (Time Reversal Zone) zone on our chart.
Cluster 1 : 191$ - 194$ (AB=CD Bearish harmonic pattern)
Cluster 2: 208$ - 213$ (Fibonacci's Cluster)
Cluster 3 : 225$ - 228$ (Bearish Shark Pattern & Resistance's cluster)
Cluster 4 : 232$ - 235$ (Bearish Shark Pattern & Resistance's cluster)
Please Pay attention to pitchfork Lines & Fibonacci channel )
My Suggestion: you can Find the best Triggers for open Long positions.
You can find information about Swipe on coinmarketcap.com
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas on this post.
Please do not forget 'like' button :) & Share it with your friends, Thanks and Trade safe.
Good luck
Cluster
AUD-NZD Resistance Cluster! Sell!
Hello,Traders!
AUD-NZD is trading in a falling channel
Below the strong horizontal resistance
Which forms a resistance cluster with the channel’s falling resistance
Therefore, I am expecting the pair to fall
To retest the nearest support
Although it might fall even further down
Sell!
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Ethereum Analyze (Short term)!!!I want to share Ethereum Analyze with you (Short term Analyze), I hope that it is an useful Analyze.
I can see Bearish Three drives pattern on ETHUSD chart + Evening star Pattern (Especially on 1H )+ Divergence Between Volume and Price + Heavy cluster (Resistance) near current Price+ ADX=22.72 (TF=1H), means up trend's strength is too low .
Also I can see Rising Wedge on Ethereum/Bitcoin (I will publish picture of it on comment).
As result, according to above Reasons , I expect that price will reverse soon.
My Suggestion : you can Find best Triggers for open Short positions .
Take profits for short positions can be Around 2339 $ & 2294$
Do not Forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy , this is just my idea , and I will be glad to see your ideas on this post.
Please do not forget 'like' button :), Thanks and Trade safe.
Good luck
BTC - H1/M15 - SHORT TERM SUPPORT ZONE 60400-60000 !H1 : Clear breakout of the 58400 cluster area triggered a sharp upside move acceleration (successive long white bullish candles !)
Nevertheless, such kind of price action may trigger an mirror effect and therefore I would suggest to remain cautious as mentioned
in my previous H4 analysis.
A failure to hold above the 60'000 would be the first signal of further weakness which would be confirmed by a breakout of both
Tenkan-Sen (conversion line) and Kijun-Sen (base line), respectively, currently @ 59546 and 59439.
Such kind of price action would direcly put the focus on the Mid Bollinger Band support @ 58950 ahead of the former cluster resistance
zone of 58400, which also coincides with the uptrend support line which started @ 55441
M15 : Short term support zone between 60400 and 60000 (59939 being the 38.2% Fibonacci retracement (57840-61222)
A failure to hold above that zone would also confirm a downside breakout of the Mid Bollinger Band .
Interesting to note the fragility of the 59100-60400 trading range and a sharp downside move can not be ruled out (mirror effect !!
Should this bearish scenario occurs, minor support are @ 59530 ahead of 59130 and as mentioned in H1 58400 as a very important support
zone to look at
GOLD Decision Point! Bearish Bias! Sell!
Hello,Traders!
GOLD has now almost reached the resistance cluster
After the retracement from the support
Therefore, I am bearish biased
And I think that there is a high probability of the gold going down
However, IF gold breaks above the resistance
Then we will see a strong bullish move
So be careful!
Sell!
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BTCUSD - D1H4 - CLUSTER 49900-50300 D1 & CLOUDS H4D1 : Very strong price action occurred yesterday by one of the longest white candle (BULLISH ENGULFING) seen so far (Opening 45262 / Closing 49629 + 4367 / + 9.64 %), similar
to the one seen on Feb 19th (Opening 51560 / Closing 55989 + 4429 / + 8.59 %).
Today's price action triggered an intraday high so far @ 50250 which is roughly the level of Tenkan-Sen (conversion line) and which should also, as Mid Bollinger
Band, be seen as very important level to break.
Therefore this "cluster" (49900-50300) should be watch carefully on D1 basis for ongoing structural development.
The key pivot level remains 51530 and a clear breakout of that level would clearly open the door for a retest of the highs above 58000.
On the downside a failure to hold above Kijun-Sen @ 47486 would put the focus again on 45000-43000
H4 : After having broken respectively, Tenkan-Sen, Mid Bollinger Band and Kijun-Sen, BTC is now facing a new obstacle to breakout which is : THE CLOUDS !
Indeed, as mentioned yesterday in this dynamic recovery it reached first the 38.2% Fib ret @ 48878 and then nearly filled in the 50 % Fib ret @ 50687 with an
intraday high, so far @ 50250.
OUTLOOK :
UPSIDE, the clouds are clearly the zone to break and which is the case would put the focus on the D1 key pivot level @ 51530 ahead of the 61.8%
Fib ret @ 52496
DOWNSIDE, the "cluster" (TS, MBB, KS) respectively @ 47213, 46777 and 46635 should be seen as the first significant area.
Have a nice trading day and if you like my analysis do not forget to like it and add Ironman8848 in your following list.
EURUSD: A cheeky buying opportunity..''BUY MARKET ORDER''
Why buy?
bullish Gartley '222'
bullish hidden divergences
Fibonacci cluster
EXTRAS;
Sellers were unable to push prices beyond a third of the ongoing rally. This should tell you that the buyers are strong, at least compared to those selling at these prices
X is one tick (!) away from a third of the previous rally, coming in at 1.18261, plotted on the chart. The exact low was made at 1.18262
Fibonacci cluster consisting of;
1.618 AB=CD, 2.00 extension, 0.786 retracement
Measuring the distance in time and price from X-A and comparing it to the distance in time and price from A-D tells you a whole story. In this case, on the chart we see that it has taken the sellers 10 times as long in time to barely even touch the 0.786 retracement. This should tell you that the buyers are winning the fight
less than 0.382 retracement indicates the trend is strong and confirms the theory above
I am looking to take this trade with stops 2 pips below 0.886 of XA. If stopped out, I'll be looking to enter again this time with stops 2 pips below X
If we go below X next support levels are potentially located at 1.272 or 1.618 extensions
Good luck to all everyone trading EUR!
GBPJPY: Gartley patternIn my last post on this pair I was looking at the cypher pattern on the hourly charts for a bearish continuation, only to be surprised by the market trading higher. When I checked the daily charts, this was no surprise because all the signs are there. Here on the daily chart we can see a nice illustration of a M shaped formation, which happens to be a Gartley pattern. Now both the 38.2% and 61.8% profit targets have already been reached, but we could potentially see this market struggle its way up to an extended target.
A smaller ABCD pattern is also appearing on this chart:
Demand coming from 0.786 abc projection, clustering with 127.2% ab extensions.The initial support is located at the AB=CD completion point clustering with the 61.8% retracement.
Will be very interesting to trade this pair in the following week.
As always, good luck to all trading GBP/JPY!!
#xbtusd - Bitcoin, decision time soon?Hi guys :)
We all know, that we are in a very important stage of Bitcoin´s midterm development.
There are two major topics been this week: CME Gap and the historically bad January.
Both very often heard prophecies did not come true yet. Technically the CME does not count as closed and the January has so far been pretty good.
Does this mean now we cannot go lower anymore? That would be naive to say.
Technically we are at a huge resistance zone, with decreasing volume completely overbought on 3D (via Stochastic RSI).
The push that is needed to bring Bitcoin above this rather extremely short-favouring situation, cannot come from technical analytics.
Don´t really have to say anything else today.
As usual marked all important levels.
Neru
Bitcoin - There's Levels to This! Fibonacci & Cluster AnalysisThis is a 1-hour chart of BTCUSD on Bitstamp.
From the high this past July to the current price, it is clear that price is pivoting back and forth between key levels.
Those key levels are:
- 0.382
- 0.5 (not a Fib level but still a useful level of support/resistance)
- 0.618
- 0.786
- 0.886
From the Fib off of the high around $13.9K to the low around $9K, we see clustering around the following levels:
- 0.382
- 0.618
From the Fib off of the low around $9K to the high around $12K, we see clustering around the following levels:
- 0.786
- 0.886
From the Fib off of the high around $12K to the low around $9.3K, we see clustering around the following levels:
- 0.5
- 0.382
I think it's paramount to study and trade off of levels.
Use levels along with price action, market structure, volume, and location.
Otherwise, if you just rely on indicators, you are simply guessing where price could go. Indicators tell you about the PAST.
It's time to get smarter with our trades.
DAX Short the same cluster againVery volatile in the before mentioned short zone/cluster, and now with the FED announcing lower interest rates... could be bullish on first glance but if you ask me market participants see that as a weakness and a kneefall to trump. Could actually see a sharp decline today IMO.
GBPJPY - Daily - Retracement?It seems the price is moving toward the highlighted cluster. Indeed watching the 4H TF, two tight highs occured + divergence on the RSI --> probably it's forming a retracement.
TP @132.12 (between 0.382 and 0.5 fibonacci level)
SL @135.78
R/R 3.7
After this retracement, the Uptrend could run towards @141.19