Expecting trend reversal after retesting the counter trendlineWhen the price reaches the first level of retracement we can execute sell order till -27.00% as a take profit 1 and after reaching it according to the price movement we can take the take profit 2 in weekly support level!
Thanks and good luck all with your trades!
Fib
COIN : STILL LONGLarge correction yesterday to $310. Slight recovery to $354.20 just below the 0.382 fib, but then it drops to $321.77, forming a higher low, and a new fib to look at. Recovers to the 0.5 line on the new fib, only to drop to $317.43, forming a lower low, but still $7.43 above the all time low. And lastly, some slight upward momentum, breaking through the most recent downward trendline. Seems to be stabilizing. Outside of what little technical analysis is even possible on a COIN chart at this point, I'm still guessing long in the long run... just watching for more info.
NZDJPY > Trading Plan for A Short Entry!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #NZDJPY
Hello friends.
here we have the market closed 0.7800 and the market now might keep going up to test the resistance level where I will be looking for a sell trade and hee is why.
If the market reaches resistance levels I will have.
1-FIB extension 141
2-FIB inversion 161
3-big number 79.00
When and if the market gets to this level I will be ready to look for a valid reason to enter the market with a good probability trade with good risk to reward
Safe trading everyone
Check today analysis below⠀
>> One trade must not make you, one trade must not break you
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
BTCUSD - LONG AS MARKET REPEATS ITSELF... $77kBitcoin has smashed the Resistance area again, as market repeats itself I can see bitcoin Chasing the 1.618 Fib Extension area around $77k
BTC needs to Break that Trendline on the way down to become on a downtrend move.
Bitcoin is also Supply and Demand currency and i could potentially dont come back to the lower area for years to come.
thank you
GPBCAD. Staying on top of it.I had a 2:1 offered to me yesterday that I let ride. Turned out to be the wrong decision, but I still made breakeven +1.
Now I'm back in, hoping the break down to the lower levels is just what the big bulls were waiting for, and the bears can be satisfied, maybe go lick their fingers or something while the bulls carry the load.
XRP Weekly - EOY OutlookBeen a great week for XRP finally reaching $1 again.
Was anticipating one more dip before such a push, though I don't believe it is out the question just yet, over $1.30+ then yeah we gone.
For now, a wave 4 correction is possible, should we start seeing moves lower along with bad news to aid this, people buying now will not want to touch XRP again.
If / When we correct back to sub .30, this would be a great opportunity to buy before a huge 5th wave, which is normally the biggest & fastest.
For now, we can be grateful we got in around .20, been a great ride so far.
Bullish Triangle ? BTC/USDT #Bitcoin #BTC $BTCHere we see our Bitcoin 2 day chart from Binance . There does appear to be an ascending triangle forming here , inside those pink lines . This is generally a bullish indication in an uptrend . I would expect Bitcoin to break upwards from this structure - probably by the end of April .Though Bitcoin sometimes surprises us and does the opposite ! But we have seen consolidation happening on Bitcoin's chart near these 50k and 60k levels for weeks now . It should continue up ,in my opinion . I've said before I expect this to hit 72k at some point as that was a 3.618 fib from a previous chart which I will try and link below . That said we could also hit 65k and 68k first but I still expect 72k to happen at some point . End of year could obviously be much higher.
Please Be Calm FET/BTC #FET $FET #FetchAIHere we see our FET daily chart and you can see the pullback we had ! Almost 25% down from our recent high over 1500 sats . As you can see we've hit a number 8 in red on our TD Sequential 9 indicator , and I expect it will hit the number 9 later today . That is usually a sign of a trend reversal and so I would expect this to go up soon . Pullbacks are normal and healthy for any chart to continue on to the upside . So we are actually under 1100 sats right now but I don't expect it to go too much lower before the turnaround . You see that pink arrow on the chart ? That is pointing at our light blue 50 MA line ( 50 week moving average . ) And that's a very strong support area . I'm not expecting to break below it . Targets for FET stand - a return to 1500 area and above that going to 3200/3420 area . Fib targets will be in linked chart below . Please be calm ! Pullbacks are normal .
Summer Targets ZIL/BTC #ZIL $ZIL #ZilliqaCommunityHere we see our ZIL weekly chart . As you see we have entered the weekly Ichimoku cloud and that is very bullish. Once we enter into that cloud we should continue up and eventually go through the cloud . You can see we are near 350 sats right now , And the fib targets above us run like this
614 is the .236 fib
981 is the .382 fib
1273 is the .5 fib
1564 is the .618 fib and it seems we could definitely be up there by the end of Summer if not sooner imo! Above that is the .786 fib and that will take us over 1900 sats. These areas can definitely come later but let's see. Altseason could be starting because our Bitcoin Dominance went under 57 last night !
$PERP Tools used:
4 HOURLY CHART, checking for most recent trend pattern
Lowest low: 26th March 2021 8PM (UTC +8), vertical line
Highest High: 2nd April 2021 12PM (UTC +8), horizontal line, before breakdown happens until today 5th April 2021 1:30AM (UTC +8),
X-Y coordinates between vertical line and horizontal line from the top, draw gann fan on a 45 angle
X-Y coordinates between vertical line and horizontal line from the bottom, draw gann fan on a 45 angle
Gann Fan ratio 8/1, 3/1, 2/1 identified the support and resistance of the breakout from 5th April 2021 1:30AM (UTC +8),
Possible bullish price actions:
As per blue highlighted bars