You Can Do It ! VRA/BTC #Verasity #VRA $VRAHere we see our 1 day VRA BTC chart on Kucoin .You can see VRA is already inside the Daily Ichimoku Cloud and gone to the top of it . Now there seems to be some slight retrace and we will probably have consolidation and eventually we will break up out of this Cloud . When though ? Well you see that blue rocket ship on my chart ? That is approximately where our Golden Cross might happen - looks to be in March sometime, so fairly soon. What is a Golden Cross ? It's a very good Bullish event in which our light blue 50 MA line will cross up and through our dark blue 200 MA line . That's the 50 week moving average and the 200 week moving average.Looks like this is going to be a Golden Cross happening , and fairly soon. The black arrow is pointing towards where our light blue 50 MA line should start moving up .This will take us higher . We are sitting near 5 sats right now. I still feel one target above is 9.17 sats as that's an area of confluence on our VPVR indicator. Also above us at the .236 fib line is another target near 48.27 sats ! That's almost 10 times up from where VRA is right now ! A 10x move would be great for the Verasity Community. Have a great day everyone .
Fib
EURBGP FEB21 2021AFTER FOLLOWING WYCKOFF EVENTS OF DISTRIBUTION SCHEMATIC, PRICE ACTION IS DISPLAYING LAST POINT OF SUPPLY
THIS INTIATES ANTICIPATION OF AN AREA OF INTERST TO WHERE PRICE WILL POSSIBLY REJECT AND FOLLOW WITH A PULLBACK TO THE UPSIDE
WHILE NOT LONG AFTER PROCEEDING THROUGH A RETRACEMENT ZONE, AND CONTINUING IN BEARISH MOMENTUM
Pour Me a Cup of XLM/BTC #Stellar #Xlm $XLM Here we see our weekly XLM BTC chart from Binance . As you see XLM had massive downside right through that bear market in 2019. It looks quite clearly like a massive Cup structure has formed .You see we've started to come up a bit now from the recent bottom . We're even wicking into the weekly Ichimoku cloud - I wouldn't be surprised if XLM closed a candle inside the weekly Ichimoku cloud - and soon. And that would be bullish . Once we close a candle inside the Ichimoku here we will almost certainly go to the top of that cloud near 2500 . And after that we should be breaking upwards out of that cloud. Targets at that point would be the fibs such as :
the .50 fib near 3616
the .618 fib near 4375
the .706 fib near 4939
but at that point XLM might just enter price discovery mode since our last weekly resistance is near 4500 sats. Will be an interesting 12 months
ahead for XLM. Hope you're having a great day . Keep in mind Cup and handle structures always have a pullback after forming the top part of that cup ( for us that's up near 3700 it looks like) and then they pullback a bit forming the handle before more upside .
72k incoming levels ? BTC/USD #Bitcoin $BTC #btcHere we see our Bitcoin weekly chart from Bitstamp . I called 52k a couple weeks ago based on our fib extensions . 52k was near the 2.618 fib and sure enough it hit . I'll link that idea below. Can you see that white star on my chart ? That's sitting right next to our 3.618 fib extension . And this one now sits at 72220 area , that's our 3.618 fib . Above that is the 4.236 fib near 84500k . These would seem to be eventual targets above us but it's impossible to know how long this will take to get there. Keep in mind our Bitcoin Dominance chart could see downside first as alts may take a run . But let's see !
CRV TO INFINITY AND BEYOND!I Believe crv is in a cup and handle pattern. And has just seen a strong rejection from a key sr. Also on 11th and 5th of feb price tried to pass over the 0.618 fib level at around 3.64 however i believe in the coming days CRV will brake through this level!
however please keep an eye on BTC and BTC.D( bitcoin market cap dominance) as they will have a huge impact on price.
GRT/USDT 1 Hour chart LongTrying my hand at a FIB on GRT looking at a bullish Gartley Wave. First buy was at D 1.94 sold at 2.25 next long at 2.15 next sell point 2.44 - 2.55 if we break 2.44 tonight. Will re enter at 2.44 after run up. and place next long.
Looking for honest feedback as I am learning this strategy.
Next Stop Bitcoin 52k ? BTC/USD #Bitcoin $BTCHere we see our weekly Bitcoin chart which earlier hit close to 45k which was a previous level I predicted in a recent chart of mine I'll link below . But if you see that black arrow on my chart it is pointing at the 2.618 fib near 52264 which seems like it could be our next stop before further moves up . This isn't necessarily a straight line up ! But seems we will break above 50k soon enough . The swings are big now that we are in the Bullrun year . Also notice the 3.618 fib extension above that which sits at 72k ! That's a target too though it could definitely take a bit longer to reach these targets . Everything is looking good though . Don't assume this is happening today though , it could take some time . I'm just noting that an obvious target above us is the 2.618 fib . We should eventually we go there.
Flying High ? FET/BTC target #fetchai $FET Here we see our weekly FET BTC chart from Kucoin . You'll notice that black arrow on my chart ? Pointing up towards the blue and yellow lines ? Those blue and yellow lines are an Indicator called the VPVR . And it's showing an area of confluence around that red line which is 5805 sats . That's almost twelve times up from where we are now near 500 sats ! It is not guaranteed, but 5805 on our VPVR indicator could definitely be a target for FET longer term .I don't expect this to happen tomorrow obviously but FET looks quite good for the whole year and there will be targets above 5805 also . But that could come later. You'll notice our .706 fib is also right above this area at 5967 . So this area appears to be a target area for FET and is definitely an area to watch . Keep in mind that there can be up and down along the way .
XRP Weekly - End Of Feb OutlookThis shows the 2 scenarios I see playing out this month.
I think we fill in the wick towards $0.66 either way, but once we see that we could either:
1. Continue higher breaking $0.80 and moving towards $0.95 - $1
If we see a high timeframe candle closes above the wicks at $0.77 - $0.78
2. Once we retrace back to $0.60, we slowdown again enticing more noobs looking to make a quick buck.
A move back to $0.40 - $0.25 would be a great way to shake out more people who jump back in at $0.60+
The dominance chart also shows the same bullish move coming soon:
Either way $1 - $2+ this year is inevitable at this point and they're rookie numbers.
The use cases behind XRP are needed more than ever during a liquidity crisis.
Once XRP comes to solve the liquidity crisis, supply v demand would make it much higher than $1 - $2
audusd - Sell time ? over heated ?With the RBA pumping more cash into the system (as with the rest of the world) and the USA finally moving on from a dramatic election/change of government, its interesting to see this charts starting to look more n more bearish - IMO
4hr chart
A: crossing of 50MA below the 200 MA's, and price action firmly below all 3 MAs - Bearish sign
B: 0.76 S+R & Fib-1 76% are close, making a bit of a zone. PA a bit sideways in here, recent break under 76% looking to retest now as a resistance level - bearish
C: down trend on MACD peaks, swing from bullish to bearish coloring - Slightly bearish
Daily chart
Has risen way off the 200MA's, has formed a top near the 123% Fib-2 extension, and trending sideways since consolidating down towards the 0.76 S+R
There is a Risk here that this support will hold on the Daily
However, im thinking we may see a pull back towards the Golden Ratio of Fib-1 around 0.75 mark which is why I'm looking to go short around 0.7617 for the potential swing down to 0.75
Fibonacci Reference dates
Fib-1 - 02/11/20 - 07/01/21
Fib-2 - 19/03/20 - 01/09/20
AAVE in price discovery - LONG OPPORTUNITYAAVE is a relatively new coin with solid fundamentals. With it being so new their isn’t much historical data so we will have to rely on fib levels for a reliable entry and exit point. The Stock RSI is saying it is overbought, but the big volume spike is confirming that this move is legitimate. If you don’t already have a position, I would wait to buy in between the 1 and the .786 fib levels. I don’t think we will see it drop to the .786 so when the RSI comes down below 40 I would enter there.
Entry - $400
SL - $362
T1 - $540 (R/R - 3.38 )
T2 - $590 (R/R - 4.64 )
Bitcoin. Consolidation Before a Push Higher?So far Bitcoin has been respecting my trendlines and Fibs very well. See previous idea
It's a bit insane, but we may just essentially be consolidating here before pushing higher past the last Fib extension without any real longer retrace.
Nothing can be said until 2 days from now when this weekly candle closes.
- If we close within this area of the Fib and the trendline, it would be very bullish and I would expect price to push up next week.
- If we fall below the 3.618 Fib, I expect we move back down to the green trendline.
Blue Skies For Algo This Year ? ALGO/BTC #algo $ALGO #Bitcoin Here we see our weekly ALGO Bitcoin chart . It's looking extremely nice for upside as it already hit a TD Sequential 9 in red and has gone up .
You will notice the last resistance here above us seems to be near 6500 sats on the weekly chart and the last resistance on the daily chart is near
9153 sats which is also near the .236 fib . When we get above these levels we will be in price discovery mode - which is also known as " Blue Skies "
. or a Blue Sky Breakout .
Because there would be no more resistance above us to stop us ! This would probably bring us at least up to the .50 fib near 17600 and above that the .618 fib near 21600 . That would be at least 10x up from where we are right now - and possibly much more. Could be a Blue Sky year for ALGO !