DALMIA BHARAT On weekly time frame price has corrected upto 0.5 fibb level,
we can make an entry on 15 min time frame.. with a 5% stoploss with a reward of 12-15%
Fibbonachi
A clue of where xrp can head based on it being a fractal of 2016Ok this will be a slightly extensive dive into how the current breakout move from the multi year triangle that xrp just broke out of has a high probability of being a fractal of the triangle pattern breakout move xrp did in 2016 that yielded explosive parabolic bullish price appreciation. I want to start with this image on xrp on the Monthly chart to show how the first monthly candle that confirmed the breakout of the 2016 triangle went up 287 percent and the first monthly candle confirming the current breakout went very similarly to around 283%. So since we already have it following that same pattern there, I’m gong to extrapolate where price could head from here if we are needed mirroring that same explosive move of 2016 with our current price action. If so, the very first spot XRP had a pullback and then consolidated into a bull flag before heading further up was actually at the 1.038 fib level which is just 13% or so above its previous all time high. If we were to do something similar today we could see xrp’s first real significant pullback consolidation around $3.75-$3.77. This is in line with certain chart patterns breakout targets I have in mallet time frame charts that I don’t have shown here. Other chart patterns in those smaller time frames have a targets around $3.80, $3.84 and some as high as $4.06 and then on the logarithmic chart as high as $4.77-$4.85. I think even as high as $45 would still fall in line with a standard deviation away from the 1.038 fib and would still retain the fractal if we were to reach the top logarithmic target before having that first pull back. We can see on the left of the chart above on the first triangle breakout, after it moved on from the 1.038 level the net level it rose to before the first significant correction s all the way up at the 1.618 (in blue). If Xrp were to maintain the fractal in current price acton then the 1.618 should be its destination to before the first ajar correction, and as you can see the 1.618 for the current Fibonacci retracement is all the way up at around $26!
Gold (XAUUSD) ShortThis is not an financial advice. This is just my observation.
1. Gold is obviously bearish and the price is on its correction way.
2. Based on Elliot, the A and B wave has been completed and we are now in the wave C. In the wave C, the first and second waves are almost done and we are going to enter wave 3. The 2/C is reached to 50% correction. However, I have to admit that On Friday I expected that price should reach 2670 (on of the strangest price resistance level). On 4H time frame, yesterday price crossed down the EMA 200 which can be considered as an entry signal.
3. For long term (I think until next Fed reserve rate announcement, unless other news interrupt) price should meet about 2470, although more bearish is also possible. After 2470, I suppose we should look for a bullish signal. Until then, we have some minor SR levels, expectedly on about 2568, 2515.
I am looking forward for your comments.
Bests,
Alice, Invers H&S + potential algo target at $107, 74xthis technique is experimental. since Alice doesn't have data going back the lows of 2020 I've pulled the fib from the from the all time highs and set the lows of price action to be in line with the 0.707 fib. this should give a conservative algo target if it runs with the rest of the market.
disregarding the fat finger wick, there's also a inverse head and shoulders target that lines up in the same area as the order block and bear pocket.
no idea if the algo target will play out, but if it does I'll defiantly be adding this tequnique to my arsenal.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $1.07 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $1.46
Stop: $1.00
Resistance: $6.78 - order block + bear golden pocket.
Inverse H&S Target: $8.80
Potential Algo Target :$107
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Harmony, ONE, Golden pocket sets up 100x algo targetdecent setup, doesn't get much better than this. this is why we got into crypto, these asymmetric risk to reward plays. bet $1000, worst case you lose it all, best case $100k...
a lot of people were excited about ONE last cycle... Are they still in the game?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $0.0107 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $0.014
Stop: $0.01
Resistance: $0.08917 - bear golden pocket + $0.119 order block.
Target: $1.47
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
XEM, algo targets all set for $23.23, 946x! If I don't post this crazy stuff who will? + I'll make for some epic street cred if it actually plays out 😂
market cap yada yada, 200b yada yada, yeah i know. it seems pretty improbable. but hey, I'm just reporting what the chart says. Its either a 0.5 or a .786 fib retrace so the algo targets are set for much higher. what is XEM even doing these days?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $0.013 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $0.0248
Stop: $0.017
Resistance: $0.219 - order block + bear golden pocket.
Target 1: $10.36 - 461x
Target 2: $23.23 - 946x
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Chiliz, CHZ, golden pocket sets 35x target $2.80for this one I've used only this last wave to measure the fibs. it gives a lower target than the full low to high but is you can see this is the algos range by how they reacted in the golden pocket. still 35x aint too shabby.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $.055 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $.076
Stop: $.059
Resistance: $.26 - order block + bear golden pocket.
Target: $2.80
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Ethereum Classic, ETC, golden pocket sets 14x algo target, $450this is a great example of how this setup plays out. 2018 triple bottom in the golden pocket then wicking through the algo target in 2021. lets see if history repeats...
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $14.80 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $29.40
Stop: $20
Resistance: $42 - order block
Target: $450
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Metis, Algo targets set for $911, 18x0.768 fib is a deep retrace but that was common in the 2017 cycle so i don't think its a big deal. looks like a 1-2 1-2 Elliott wave so could extend well beyond these algo targets. taking profits at the algo target is a safer play but might be worth keeping a moon bag.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $28.86 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $47.30
Stop: $32.71
Resistance: $106 - order block already tested once
Target 1: $277
Target 2: $955
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
MultiverseX, EGLD, deep retrace sets up 53x Algo targetI seen a lot of this during the last cycle, deep retrace to 0.707... it was as if the big players had worked out that we were entering at golden pocket, so they shake us out by running it lower to the 0.707. To counter that I started entering on the .707 but they even started running through that before rebounding. fun and games 😂
While this is weaker than a few of the others I've posted I wouldn't count it out. last all time high was $475 for a mc of 10b. the algo target is $1582 giving a mc of 43b... yet another one that seems a bit extreme. again, not impossible, just extreme.
I've never looked into EGLD, is it something I should own?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $22.5 or a 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $29
Stop: $20.80
Resistance: $131 - order block + $157 bear golden pocket.
Target: $1582
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Axie Infinity, AXS, 0.5Fib retrace sets up 179x Algo targetIDK about this one... last all time high was $166 for a mc of 10b. this time supply is 3x that and the algo target is $955 giving a mc of 146b... not sure about you but that seems a bit extreme to me. not impossible, just extreme.
I'm actually surprised by axs, I thought this would go to zero. But to retrace and triple bottom on the 0.5Fib, that suggests strength... maybe I overlooked something. anyone have a theory why this is so strong?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $4.08 retrace of this impulse wave (if we get one)
Ape Entry: $5.34
Stop: $3.75
Resistance: $41.90 - order block + bear golden pocket.
Target: $955
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Decentraland, MANA, 0.5 fib retrace sets up 71x Algo targetTriple bottom on the 0.5 fib suggests this is strong & when the narrative comes back around, it's is one of the metaverse leaders... See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.264 or 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $0.364
Stop: $0.254 - or under previous low
Target: $26
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
The Sandbox, Sand, Golden pocket sets up 100x Algo targetGolden pocket special...
I like sand, and when the narrative comes back around, this is one of the metaverse leaders...
to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.26 or 0.618 retrace of this impulse wave (if we get one) - best place to enter. allows for tight stops.
Ape Entry: $0.31
Stop: $0.25
Target: $32
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Coti, Golden pocket retrace sets up 16x algo targetGolden pocket special...
to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.079 or 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $0.114
Stop: $0.075
Target: $1.91
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
VeChain, VET, Golden pocket sets up 29x Algo TargetGolden pocket special...
to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.02275 or 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $0.0284
Stop: $0.0213
Target: $0.858
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Cosmos, ATOM, Golden pocket retrace sets up 18x Algo targetGolden pocket special...
to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details.
The Trade?
Preferred Entry: $4.40 or 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $5.53
Stop: $4.3 - if it breaks lows, watch for divergence on macd +rsi combined for re-entry
Target: $102
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
VRA, Verasity, 0.618 Fib retrace sets up a 100x algo targetMy favorite trade, to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details.
Beautiful double bottom into the golden pocket... excellent R:R
The Trade?
Preferred Entry: $0.025
Ape Entry: $0.0275
Stop: $0.019
Target: $1.41
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
DAG, Constellation, Golden pocket sets up a 50x algo targetMy favorite trade, since it's set up across many alts, to avoid being repetitive & save time I'll just give the trade and spare you the write up. See linked BTC for more.
The Trade?
Preferred Entry: $0.025
Ape Entry: $0.0275
Stop: $0.019
Target: $1.41
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Bitcoin, BTC, You're not Bullish enough... $400k, $600k, $1.5mCan you feel that? the weight has been lifted...
With Trump winning the election expect BTC to rally. Hard. Garry Gensler? Day 1, gone. Elizabeth warren, powerless. Larry Fink - the CEO of the worlds largest asset manager is calling BTC a "flight to safety", saying "it's bigger than any government" & "its digital gold"...
The stars have aligned, we're all set for cryptos version of the .com rally...
Key Points
Trump won the election - extremely bullish for bitcoin
Trump has said the US Gov will not sell the BTC &
This will form the foundation of a BTC Strategic Reserve
Day 1 he will fire Gary Gensler
He wants to make America the global leader of crypto
Larry Fink - "flight to safety", "it's bigger than any government", "its digital gold"
2011 - 2015 Pitchfork still framing Bitcoins price almost 10 years later
1.618 pitchfork marked the 2017 top
First Algo target from 2015 - 2021 & second Algo target from 2011 - 2013 at $55,000 & $62,000 marked the 2021 double top
1.236 pitchfork boundary marked the first top in 2021
& the 1.0 pitchfork boundary marked the secondary high in 2021
First Algo target from 2020 - 2021 at about $126,000
Second Algo target from 2020 - 2021 at about $372,000
Second Algo target from 2015 - 2017 at about 395,000
1.382 Pitchfork boundary in confluence with algo targets for a November top
1st target for the 3rd wave comes in at $563,000
1:1 range expansion from 2011 - 2013 at $608,000
2.0 pitchfork boundary in confluence with algo target in September
2nd target for the 3rd wave at $1,500,000 by June 2026
The Trade?
Do everything you can to acquire as much spot Bitcoin as you can while we remain in this re-accumulation range, then diamond hand it as long as you can bare. A trade with big flashing neon signs like this doesn't come up every day.
Depending on your time horizon & personal objectives taking money off the table at key targets would be wise while leaving enough in for over performance.
Remember to self custody, "not your keys not your crypto".
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Gold Out LookPreviously from few weeks we were bullish over gold and still if we follow the major trend from monthly to weekly to Daily we are still bullish over the pair but from last week the pair has shown us a new ATH and done a retracment downwards now its has reached between 23.8 to 38.2 retracment level now as the price action is followed it will follow the bear trend from 4H to 1H to lower time frames and go towards price level of 2716 and then if bears will push it more down and price breaks the support level on 2716 it will be seen in 2698 level of support which is 50% of fibbonaci retracement level and then we can a see a upward rally
GEOPOLITICAL Factor
As we have seen earlier Iran and Israel Tension was on Peak and Investors tried to Invest in Safe heaven and the safe heaven performed well now the tension is weaken a little so that price is going down if some tension increases we will see a Rise in price
AMERICAN Elections
American elections are right on the edge and price 5th November is a crucial date and the coming week will be a busy week for safe heaven banks and big player so we will be watching price closely if we observe any bullish price action pattern we will be buying safe heaven otherwise we will enjoy the bearish move
fingers crossed next week will be very busy and crucial for the future of Bulls and bears
Gold Out LookAs we had a rally upward last week and got tons of Profits following Technicals as well as this week is concerned still bullish in GOLD
Confluences
Price is following a bullish channel and show some rejection from channel last week
50 SMA on H1 is also bullish
From Monthly to weekly to daily to H4 to H1 to M30 to M15 gold is all bullish
Geopolitical situations are also in favour of Gold price as Iran and Israel tension has escalated last week closing we can see a rally upwards
So gold is bullish and we are too bullish on Gold if Price breaks above 2752 level of previous ATH it will go bullish to its physiological level
Gold out lookOANDA:XAUUSD the drop was a honey trap 🪤 gold is always in buy trend
when it dropped it has taken support on 1H 50 SMA and after that its moving above that i am expecting 2750++ today the reason expecting 2750 is fibonachi extension has 1.786 level over that price other confluence being Bullish is because its in bull trend from Monthly to weekly to daily to H4 to H1 and lower TF's
APTUSDT - successfull retest the supp/res in 3d chart
iam extremly bullish
targets: 10 - 14 - 20 - 30
note: closin below grean area (7.3) is prohibited
best regards Cecilion🎯
