Get started

Fib

$LODE entry PTs 3-3.50-3.65 PT 100 and higher, time frame: by 2Fib Speed Resistance Arcs shows time constraints within resistance levels, indicating gradual unptrend Golden Cross indicated shortly after an spike in recent Volume by MMs Golden Cross: The golden cross is a chart pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average. ... As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes. Comstock Mining Inc. engages in the exploration, development, and production of mineral properties in Nevada. The company explores for gold, silver, lithium, nickel, cobalt, and mercury ores. It operates in two segments, Mining and Real Estate. The Mining segment owns and controls approximately 9,358 acres of mining claims and parcels, including approximately 2,396 acres of patented claims and surface parcels; and approximately 6,962 acres of unpatented mining claims in the Comstock and Silver City districts. It primarily focuses on exploring and developing properties in the Dayton resource areas; and Occidental and Gold Hill gold and silver mineral properties. The Real Estate segment comprises land and real estate rental properties, as well as the Gold Hill Hotel and Daney Ranch properties. Comstock Mining Inc. has collaboration agreements with Oro Industries Inc. and Mercury Clean Up, LLC for the manufacture and deployment of mercury remediation systems with proprietary mechanical, hydro, electro-chemical, and oxidation processes to reclaim and remediate mercury from soils, waste, and tailings. The company was formerly known as GoldSpring, Inc. and changed its name to Comstock Mining Inc. in July 2010. Comstock Mining Inc. was incorporated in 1999 and is headquartered in Virginia City, Nevada.
AMEX:LODELong
by UnknownUnicorn19246015
1
Shorting the QQQ: Nasdaq in an Ending Diagonal?Hi traders! This is probably an unconventional count on the QQQ, at least I couldn't find it in the Elliott wave community so far. This count is strictly based on Fib ratios. In this approach, we only consider waves that precisely abide by certain ratios. If a wave doesn't fit into a ratio, it is part of a different wave, and we adjust our count until waves align with ratios with the highest possible accuracy. When is this idea valid? This idea is valid as long as QQQ does not make a higher high after the one of 14 June. Where do we go from here? We have completed wave C in the large diagonal and can expect a smaller ABC down to the lower trend line of the diagonal. After that a wave E is expected, but we shall watch out for a possible truncation. How to trade it? The current price level presents an immediate short opportunity, with the SL above the previous high. The target is the lower trend line of the diagonal around $328. What if not? Should QQQ go higher from here, the ending diagonal is invalidated and we have to assume more upside. Happy trading!
NASDAQ:QQQShort
by UnknownUnicorn12250317
What Are Fibonacci Time Zones?Fibonacci time zones are a technical indicator based on time. The indicator is typically started at a major swing high or swing low on the chart. Vertical lines then extend out to the right, indicating areas of time that could result in another significant swing high, low, or reversal. These vertical lines, which correspond to time on the x-axis of a price chart, are based on Fibonacci numbers. KEY TAKEAWAYS #Fibonacci time zones are vertical lines that represent potential areas where a swing high, low, or reversal could occur. #Fibonacci time zones may not indicate exact reversal points. They are time-based areas to be aware of. #Fibonacci time zones only indicate potential areas of importance related to time. No regard is given to price. The zone could mark a minor high or low, or a significant high or low. #Fibonacci time zones are based on the Fibonacci number sequence, which gives us the Golden Ratio. How Fibonacci Time Zones Work Fibonacci time zones don't require a formula, but it does help to understand Fibonacci numbers. In the Fibonacci number sequence, each successive number is the sum of the last two numbers. The sequence starts like this: 0, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, and so on. Fibonacci times zones are these numbers when added to the initial time selected. Thus, if we choose a start date of April 1, this would be time (0). The first Fibonacci time zone vertical line will then appear on the next trading session (1), the second will appear two sessions later (2), and then three (3), five (5), and eight (8) days later, and so on. If adding Fibonacci time zones by hand, the first five numbers can be avoided, as the indicator is not particularly reliable when all the vertical lines are packed together. Therefore, some traders start drawing their vertical lines 13 or 21 periods after their starting point. Some charting platforms allow you to choose your starting point (0) and your first point (1). This means you can choose how much time (1) represents. The next numbers in the sequence will correspond to the amount of time chosen. What Do Fibonacci Time Zones Tell You? Identifying a starting point is an important but subjective element of using Fibonacci time zones. The date or period selected should be a relatively important one, marking a high or low point. When the indicator is applied to this date or period, vertical lines will appear to the right of the starting point. The first line will appear one period after the starting point, the next will appear two periods after, and so on. As indicated above, typically the first few zones are ignored, as they cluster around the starting point. The vertical lines that are 13 or more periods away from the starting point tend to be more reliable. Fibonacci time zones are essentially telling us that after a high or low, another high or low could occur 13, 21, 55, 89, 144, 233... periods after the initial point. Time zones aren't concerned with price, only time. Therefore, the time zones may mark small high or lows, or they may mark significant ones. The price may also completely ignore the time zones. If this occurs multiple times, the price isn't adhering to the Fibonacci time zones so a different starting point may provide better results. It is also possible Fibonacci time zones aren't particularly applicable to a certain security or asset. Fibonacci time zones can be used for confirmation of trades or analysis. For example, if the price is approaching a support area and also a Fibonacci time zone, and the price then rises off support, the two methods confirm each other. A low point is potentially in and the price could keep rising. Another form of analysis is required for assessing how high the price may rise, as Fibonacci time zones don't indicate the magnitude of moves. The price may make a low and then rise significantly, or it may only temporarily rise before falling to a new low. Fibonacci Time Zones vs. Fibonacci Retracements Fibonacci time zones are vertical lines that represent future time periods where the price could make a high, low, or reverse course. Fibonacci retracements instead indicate areas the price could pull back off of a high or low. Retracements are price-based and provide support or resistance areas based on Fibonacci numbers. Limitation of Using Fibonacci Time Zones Fibonacci time zones are a subjective indicator in that the starting point selected will vary by trader. Also, since some charting platforms allow the trader to choose how much time (1) represents, this further adds to the subjectivity and may eliminate the usefulness of the indicator altogether. The indicator, if properly set, may indicate areas of time where the price could put in a high or low, yet these may be minor highs or lows, or major ones. Time zones don't provide any information on the magnitude of price moves. They also rarely pinpoint the exact turning point date. This makes it hard to determine if the indicator is actually predictive or just randomly happens to appear near some reversal points. The indicator shouldn't be used on its own. Combine it with trend and price action analysis, as well as other technical indicators and/or fundamental analysis. (Source: Investopedia)
BITSTAMP:BTCUSDLong
by Crypt0_Ninja
6
BtcUsdt 13 Jun update Btc on 4h chart After the petant breakdown , 📌 From breakdown to 12 June low consider fib retracement on 0.5 fib it is resisting with wicks 📌As well same 0.5 has coincides with 50 ema 📌 based on candels, morning star formation can be seen, but it is not valid as the bullish candel pattern should've been formed near support, currently it is trading near about resistance 📌As ema 50 rejection we consider it as pressure zone 📌 Probably 34,000 or 33,700 can be expected as of now (13jun)
by Jimmy_Rebello
I'm a Fan of FET/BTC #FET #FetchAI $FETHere we see our FET daily chart from Binance with that colorful Gann Fan indicator on it ! This indicator really explains why FET has had the ups and downs it has had lately because it really seems to fit this Gann Fan . You can see it's a steadily rising fan we are in but we need to break up into those higher levels ! You see where that black arrow is pointing on my chart ? If FET can close above that line it will be extremely bullish because that will take us into the higher blue areas on the Gann Fan and in a Bullrun year that's where I think we are going . I know many people online have become disheartened because of all the nonsense and trolling that goes on. But stay strong ! This is probably a big Bullrun year for Crypto. You can see even in the Kucoin chart of FET that the Gann Fan should play out . Targets appear to be Fib levels but I would probably use the Binance chart for those . Anyway I'm still a fan of FET and they are set to have news this coming week too .
by shimmeringpath
Butterfly Effect FET/BTC #FET $FET #FetchAIA Bullish Butterfly pattern appears to be forming here on our FET daily chart . Wow! We just dumped out of that triangle/pennant structure we had been in before! It happens in crypto - what can I say ! Every chart dumped when Bitcoin dumped . We were in a triangle type structure before but we broke bearish and went below it . You can see what looks like a letter 'M' on the chart now? That could be what is called a Bullish Butterfly harmonic pattern . Now I should say at this point that this chart DOES NOT fit the butterfly pattern perfectly. But it fits pretty close and if that's what it is then our bottom should be in more or less (though it can always wick a small amount ) . That's Point D of our harmonic . We went there last night . If we break upwards from there our target is the 1.618 fibonacci extension shown on the chart which is at 1398 sats ( where the little X is on the chart ). That would be the target .Now keep in mind if this chart continues to break downwards then it might invalidate this Butterfly pattern and there might be something totally different going on ! We have to let it play out . Things can change quickly in crypto . It is what it is . Now I've had a couple critics of my charts say that "Hey! You were wrong about that triangle ! Maybe you're wrong about this too ." I can only say when Bitcoin dumps many chart patterns will change into something else . It happens . We must be prepared for wild swings in a bullrun year . I'm still learning too , but at least I'm trying. Also you will notice the name of this chart is Butterfly Effect - this is a concept from Chaos Theory which seems to fit the last couple of weeks pretty well ! It's the idea that one small change in a system can cause much larger changes to happen in that system later . Or put another way that one small incident can have a big impact on the future ! Wow! That fits the times we're living through right now ! Where one small sentence from Elon can cause massive changes in the markets ! But anyway - it would be nice if the dumping is done and we start a rise toward 1400 area. Let's let it play out and see.
by shimmeringpath
Crunch Time For FET/BTC #FET $FET #FetchAIIt will soon be Crunch Time for our FET chart ! As you can see - after our big rise - we've been in this triangle for a couple months - consolidating but being supported by our higher timeframe Ichimoku clouds also (3 day and weekly . ) It seems by June 5th we will reach the apex of this triangle and at that point we must pick a direction. Now with Bitcoin's recent dump down to 30k that has caused a dump from our recent attempt to break upward out of this structure and continue up to 1550 area . So our chart is left looking a little funky ! But since there are other indicators such as Ichimoku and also the general trend upward during a Bullrun year I would still expect this triangle to break upward within a couple weeks . I'm prepared for Crypto to throw me some curveballs though ! As we've seen recently even a tweet from my guy Elon Musk can send a coin pumping - or not ! But you have got to remember - it's a Bullrun year ! This is not a normal year . Any coin coming from the bottom should start to hit it's fib retracement targets at some point . And we've yet to reach our first fib target near 3420 , which is our .236 fib . I firmly expect us to get there . And above ! Question is what structure we take to get there after this triangle plays out . I'll link my fib targets for FET in the linked chart below . Also as a side note - you may notice I was calling this a Bull pennant before and I'm now calling it a triangle ...well, you've got to be flexible in crypto because sometimes chart patterns change ! And if something is taking a longer time to form it's actually possible it's a symmetrical triangle type structure as opposed to a pennant ( since a pennant generally doesn't take as long to play out . ) So be prepared to change your view if things play out differently ! But I'm still bullish and I still expect upside here . Let's see what the next 2 weeks bring . Sidenote - some people are calling for Bitcoin to dump to 20k but that is not guaranteed to happen so take it with a grain of salt.
by shimmeringpath
6
Where do we go from here? The fight to keep 42k or down to 30k.These are the short term possibilities that can occur within the next weeks or days(imo). In the short term, every time we hit support it turns into resistance. (Bearish Bias) If this selling pressure keep it up we may end up around 30k. Real value of BTC around 30k? Too much FOMO happened in that area it seems, so we may correct to 30k, if selling pressure keeps up. This is just a thought an don't take this as advise, use a tight stop loss in this market because it's so easy to get liquidated on both sides at this moment.
B
by Skookum_
2
Bullish Candle Close ! Here We Go ! FET/BTC #FET $FET #FetchAIGreat news for FET ! After that pullback we've finally closed a candle that breaks above our downward trendline . This looks Bullish -and good to continue up. We will be revisiting that 1550 area again it seems . But will we finally break through it ? It will be our 3rd time now to hit that resistance there . Will we break through it this time ? 3rd time's a charm ! Let's see ! After we break through that 1550 area I would expect us to hit 2000 or so and then go towards our Cup & Handle target near 2890 . Weekly resistance is near 3200 sats and our .236 fib is 3420 . Above that is fib targets which I will link in my chart below from March . Notice we hit a TD Sequential 9 in red going donward but that last Number 9 candle is actually turning green as well as breaking above that trendline ! You can see it where the green arrow is pointing on my chart . That's our turnaround candle ! This looks absolutely good to continue up as well as having great fundamentals and a great team at Fetch AI .
by shimmeringpath
2