Fib
selby_exchange - BTCUSD - 1hr - Selby Bitcoin Fibonacci TestSelby Bitcoin Fibonacci Test for BTCUSD Bitcoin
BTCUSD - Inverse Perpetual Futures Price - 1Hour - PHEMEX - Heikin Ashi
January 2023
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 0.666 and 1.333 is Long Entry
Rejection of 1.111 and 1.931 is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
23/01/23 Weekly outlookLast weeks high: $23381
Last weeks low: $21882.5
Midpoint: $20384
BTC continues in a strong bullish trend after concluding another week of upward movement.
Last week I stated that the 0.75 (~20.4k) line was a key area to look out for as if it were to be lost and confirmed as resistance, BTC would start to look bearish. However, this area was tagged (and a strong reaction off it enabled a strong rally thereafter.
Bitcoins pattern of strong rally's followed by a consolidation period of sideways movement has happened 4 times now this calendar year already, who knows if this pattern will continue.
My prediction would be to fill the FVG down towards 21.7k before any further continuation long
Trac 1.618 to the moon!
Based on last 3 market cycle highs for Trac, this chart shows that it has respected the 1.618 Fibonacci extension as the high.
Also when back testing it shows all the 0.618 fib lines up with the previous market cycle highs and the first market cycle 0.618 has held as the floor, I like the symmetry of this!
Based on previous data the next high is roughly projected to be around $15 usd which is the 1.618 extension!
This Project has been creating some amazing partnerships and technology and the fundamentals are looking strong. I believe it is just a matter of time before the asset price catches up!
GBPUSD bearish targets FX:GBPUSD
Hes Traders, GBP/USD has been unable to break the top trendline on the daily view. In my opinion for next week, GBP/USD will not be able to break this trendline, it may wick above it for a short time, but it will not completely break it. A complete break for me would be more than two 4-hour candles closing bullish. Another indication of a bearish move for me is the daily Fibonacci retracement, it is currently just above the 68% level. On the 4-hour chart, the currency is at the 78% level and also in a major resistance zone. This is the third time that the currency has attempted to break this zone, and I don't think that will happen if the USD is bullish.
My target profit zone would be the Fibonacci -27 level, as there is also a significant resistance/support zone there.
selby_exchange - BTCUSD - 4Day - Selby Bitcoin Fibonacci TestSelby Bitcoin Fibonacci Test for BTCUSD Bitcoin
BTCUSD - Spot Price - 4Day - COINBASE- Heikin Ashi
January 2023
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 1.333 or Above is Long Entry
Rejection of 1.111 or Below is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
16/01/23 Weekly outlookLast weeks high: $21568
Last weeks low: $17132
Midpoint: $19350
What a week for BTC and crypto in general. After finally breaking the 17k level a complete surge up to 21.5k. However, acceptance above this level is key to the bullish narrative continuing. The market still seems adamant on one last further pullback to new lows, with the macro environment considered and the lack of new money inflowing I don't think BTC is out of the woods just yet.
This week I'm keeping a very close eye on the 0.75 line, if price was to fall under -> retest as resistance -> confirmed as resistance then a lot of this prior move could unravel.
Ascending Triangle BTC - Awaiting confirmation of breakFirst post!!!
Hi LVL here,
Charts pretty self explanatory, I’m watching the breakout / RSI / Volume confirmation prior to committing to a swing trade. Let me know what you guys think?
I just closed my long from the mid $16k region when we got to the $18K resistance - probably a bad idea but lets see what happens!