Fib
SE- Watching For a BreakoutSE has seemingly found a bottom here as buyers step in. SE is currently sitting right on a big RSI-Based supply level after reclaiming its 20-day EMA. Will be watching SE closely for a breakout here as it has also formed a bullish ABCD harmonic pattern formed on the daily timeframe (Not Pictured). Additionally, SE is holding quite a large falling wedge on the Weekly Timeframe along with some bullish hidden divergence on the RSI and a Bullish Gartley harmonic pattern (See Attached Chart Below). Bollinger bands are squeezing as well on the 4-Hour timeframe accompanied by more bullish hidden divergence. Bullish & will be watching closely for a breakout if buyers continue to step in (broader market conditions permitting)- Just some FIB levels along with some RSI-based supply and demand zones to keep an eye on in the meantime-
- Falling Wedge on the Weekly Timeframe
- Bullish Gartley Harmonic Pattern on the Weekly Timeframe
- Bullish ABCD Harmonic Pattern formed on both the Daily and 4-Hour Timeframes
- Bollinger Bands Squeezing on the 4-Hour Timeframe
- Reclaimed the 20-day EMA
- Buyer Volume Picking up relative to seller volume
PT1- $128.57
PT2- $130.62
PT3- $132.74
PT4- $134.86+
--Weekly Timeframe--
--4-Hour Timeframe--
The DOT fluctuates between support and resistance.Hello everyone, let's take a look at the DOT to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the line of support and as you can see the first support is $ 21.12, the next $ 19.78 and $ 18.70.
Now let's move on from the line of resistance, as you can see, the first resistance will be $ 23.48 if you can break the first resistance, the next one will be at $ 25.64 and the next one at $ 28.78.
Looking at the CHOP indicator, we can see that the energy was consumed in a 4-hour interval.
AMC gann Fann and square By two trendlines I saw what looked to be a gann fan. I fitted it, and it was exact match. So I made the resistance along that long and to the $2 mark. Side it was going in the down direction I took that same scale and and point and time then made it forward. From there I fitted a gann square to that scale. And then a small gann square to scale and angle but smaller. The gold bars match perfect with the pocket that we are/ just were in.
ETH Testing Strong Levels, Heading Higher?Crypto markets were on the back foot last week, feeling the pressure as governments were looking at the asset as a way around sanctions. Compounding the affect was the U.S. government ordering an executive order looking into crypto assets. Most feared this would result in direct oversight and regulation, which is indeed part of the order, but also looked into the scenario of a digital USD, slightly softening market fears.
We saw this pattern of risk-off and recovery practically across the board, but ETH seems to have the strongest proven levels with the Fib retracement: having broken through the 0.236 level ($2816) moving towards the 0.382 level at $3193.21 which it may test, return to 50% of 3524, and then push upwards again. If ETH manages to break through the 0.382 level after testing it, we may see a run towards testing 0.5 at $3513.72, if that level is broken as well, we may see ETH head towards $3800 with little resistance.
Remember to take advantage of easyMarkets free limit orders on TradingView as the markets are currently characterized by uncertainty and prone to react to news regarding the Russian invasion of Ukraine or unforeseen changes in marcoeconomics.
SUPPORT 1: $2790.65
SUPPORT 2: $2155.62
RESISTANCE 1: $3193.21
RESISTANCE 2: $2513.72
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Blackbaud - Next Target ClearPrice enjoys to move around the Fibonacci circle in dips like this, it usually ends with a massive dump and allignment vertically with the circle ring in play (1)
0.382 retracement from top is the target drop point for price
LONG after Weekend BreakWeekly Timeframe
Greed and Fear Index is now at #25. Weekly timeframe remains bearish saucer with the awesome oscillator. We can expect a sell off Friday. As a normal routine of the market.
1D Timeframe
We have touch the 0.618 FIB retracement area and bounce a little. AO is bullish we can expect movement to the upside with our Ichimoku cloud finding support in $40,253.
4H Timeframe
We are currently testing the demand zone of the market structure which in turn would continue our drop to the downside as the smart money will buy back this retest to continue the dump to the downside. all being controlled by a bot or algorithm. Rejection area $40,912. AO seems bearish at the moment as it is already in the correction area.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
EthUsdt TomorrowExpect the price will go bullish tomorrow to 2752
ENTER AFTER BRAKEOUT
set your own stop loss
This analyze done by Gann methods and Fibonacci + Trend analysis
ETH- Sitting at Supply Level- UpdatePosting a quick update on ETH here as it's currently sitting at a make-or-break spot. ETH is holding quite a large symmetrical triangle here on the daily timeframe but also is rejecting both its 20 and 50-Day EMAs. ETH is also currently hugging a big RSI-Based supply level & bouncing off the .236 FIB level.
Additionally, something certainly worth noting and keeping an eye on the 4-Hour timeframe- Big Head and Sholders formed along with a bearish bat harmonic pattern (See Attached Chart Below). On a slightly different note, with pending regulations rolling out I personally would expect some further downside as the panic selling begins. Heikin-Ashi candles already depict a decrease in bullish momentum. Just some FIB levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime- Bearish in the short-term but bullish in the long-term so will be watching closely for potential long entries, all previous charts are attached below.
- Symmetrical Triangle on the daily timeframe
- Hidden Bearish divergence on the RSI on the 4-Hour Timeframe
- Head & Shoulders on the 4-hour
- Bearish bat harmonic pattern on the weekly timeframe (See Attached Chart Below)
- Declining volume on the weekly timeframe (See Attached Chart Below)
--4-Hour Timeframe--
--Previously Charted--
Bitcoin 2022 peak/blowoff top based on Fib pointsto get to this possible Expanding Cycle Theory mentioned by Nicolas Merten on Datadash Youtube channel I am taking a different approach to see if this theory has any teeth to it and apparently it does if applying Fib points to it. I am using the Schiff Pitchfork and also the Fib Channel as points to give me the most number of touches on Fibs as possible. All the hand icons are pointing to touchpoints on the Fib channel which are numerous and also using the Schiff Pitchfork as a future peak for BTC. When we look at the November date for this peak we do see an intersection between the Fib channel and the Schiff Pitchfork pictured by Sun in yellow. This price is about $165,000 which is close to Nicolas"s $150k price projection. If we also look at the top of the Beam band we can see that there is a good possibility Bitcoin could hit over $300k if we visit the top of the Beam band as well.
Of course this is speculative as Bitcoin could achieve this peak into the 2023 year as well, we really don't know for sure but it is interesting to see what is possible with Fib points.
ALGOUSD CLOSE TO BREAKOUTALGOUSD is finishing bullish wedge pattern, we already bounced two times and closing in on breaking it upwards. We should look for a retracement back to 50% fib.
Aroon: On a daily timeframe it is already giving us an entry for a bullish trade.
Macd: is showing bullish momentum gain but we need to wait for a signal line to cross.
Bollinger band: We already bounced off of a bottom of a Bollinger band which indicates we should go long.
Entry: 0.77
Invalidation: 0.600
Target: 1.66
Ratio: 1:5
SAND LONG FINISHING PATTERNSand bounced off of a support 3 times, and is at the end of a flag pattern, after break out we should see retracement to the 50% fib zone.
Aroon: On a daily time frame we see orange line crossed a blue one which shows start of a bullish trend.
MACD: We are already seeing light red candles which indicates bullish movement gain.
Bollinger band: We just bounced off of a bottom Bollinger band which indicates bullish trends start.
Entry: 2.97
Invalidation: 1.95
Target: 5.38
CHZDUSD POSSIBLE LONG SHORT TERMMarket just broke out of an inner flag pattern, we should see a retracement back to 50% of an fib zone from a last down trend.
Arron: On a daily chart Aroon shows gain in bullish momentum which indicates start of an uptrend.
MACD: Also shows a gain in a bullish momentum, signal line is about to cross and give us an entry signal
Bollinger band: We bounced of a bottom Bollinger band which indicates that we should go for a long position.
Entry : 0.25
Invalidation:0.135
Target: 0.367 (50% fib zone)
BTC 1H Bullish Divergence Can BTC Hold 38% Fib level and turn around?
The nearest target is 39369 (fib 50% level)
Resistance from Bull Market Fib Retracement and Trendline As can be seen when a Fib Retracement is used over the Bull Market of last year the Fib 0.618 level has given resistance to the current BTC price move, also the lower trendline of the structural rising wedge formation has been rejected and price moves back under the causing the trendline to become another source of resistance.
LINKUSD Targets, High or Low?I'm Bullish on LINK, but which way will it go in the near future? Here are my targets for the short-medium term.
Also keep an eye on BTCUSD. So long as it's above the 20 Week SMA and 21 Week EMA, LINK could be bullish, JUST so long as BTC does not move too violently to the upside or downside.
If BTC moves too fast, it may simply outperform LINK. But if LINK is given time to do its thing, it could outperform BTC in the next 1-3 months.
NZDCAD - SHORT ENTRYNZDCAD is in a downtrend (as we can observe, it creates lower lows and lower highs).
The price broke the mid-term support zone (0.86160 - 0.86400) and created a lower low after which the price retraced from this impulse down to support turned resistance (0.86160 - 0.86400).
This retracement coincides with 61.8% FIB level, which serves as another confirmation of a potential move down.
As of now, the price shows an indecision by consolidating (easier to observe on 1H timeframe of lower).
A logical place to enter the trade would be to wait until the price breaks down from that consolidation support (0.86205), creates a new short term LL and retests the 0.86205 level.
Stop loss could be placed slightly above the next FIB level 78.6, with the target profit at 0.84160 level, which has served as a strong support level in the past (although you could target the most recent lows, -27.2% or -61.8% of the FIB, which are more risky TP levels).
BTCUSDT longBINANCE:BTCUSDT
Bitcoin was able to break its short-term downtrend
And can make a pullback and move upwards
BTC daily by Fib channel & all time fib & waveDue to the end of the all-time bullish, correction is inevitable, so considering the fib and Elliott waves and all the supports and resistances, the result we shared will be achieved.
Fib Pitchfork 0.618/0.65 'Golden Pocket' value with COD COD for VPVR placed on last springs accumulation period with Fib pitchfork showing 'Golden Pocket' value. This area of confluence needs to hold if BTC is to recover to the upside.
TYPES OF FIBONACCI's & WHEN TO USE THEM 📐📏
Hey traders,
In this article we will discuss two very popular Fibonacci tools:
Fibonacci retracement and extension.
1️⃣Fib.Retracement tool is applied to identify a completion point of a retracement leg within an impulse.
As you know price action has a zig-zag form.
For example, in a bullish trend, the price tends to set a higher high then retrace and set a higher low before going to the next highs.
In a bearish trend, the price tends to set a lower low and retrace to a lower high.
With retracement levels, we are trying to spot the point from where the next impulse in a bullish or bearish trend will initiate based on the last impulse leg.
Fib.levels that we will apply are:
✔️0.382
✔️0.5
✔️0.618
✔️0.786
The retracement levels will be drawn based on XA impulse leg.
From its low to high if the impulse is bullish
and from its high to low if the impulse is bearish.
From one of the above-mentioned levels, a trend-following movement will be expected.
One should apply different techniques to confirm the strength of one of these levels.
2️⃣Fib.Extension tool is applied to identify a completion point of the impulse.
In a bearish trend, the extension levels will indicate a potential level of the next lower low based on the length of the last bearish impulse.
Fib.levels that we will apply are:
✔️1.272
✔️1.414
✔️1.618
The extension levels will be drawn based on XA impulse leg.
From its low to high if the impulse is bullish
and from its high to low if the impulse is bearish.
From one of the above-mentioned levels, a retracement leg will initiate.
One should apply different techniques to confirm the strength of one of these levels.
Of course other ways of application Fib.Retracement and Extension levels exist. However, these two are the most common.
How do you use these levels?
❤️Please, support this idea with like and comment!❤️
