DOTUSDT DAILY FIB + RSIOn the basis of fib channel magic, I've pointed the best entry points and tps. Also RSI is in a veryyyyyyy suitable area for long.
Fibchannel
Bitcoin top & bottomDon't know any TA, especially not Fib Channels & Logarithmic Growth Curves.
Meaning, this chart is likely technically wrong (comment on my errors if so).
Anyway, accoring to this amazing chart Bitcoin might bottom out by the end of this month (or beginning of February) at around 37k - 24k.
And then continue to top out at about 200k in July - September.
Followed by a bear market that may bottom a year later at around 30k.
btcusdtBitcoin is on the moving average of 200 and the midline of the fork, is it supported or is there a big drop ahead?
A possible 280-300k bull market top in MayLooking at the monthly log chart on bitcoin I have pieced together a bit channel that has on the monthly alone over 13 significant touches rom price action. Based on Plan B’s prediction of 280k or so this bull run plus many of tech dev’s charts that suggest we could reach a target of somewhere between 270-300k, I used my own knowledge of basic TA, to assume that we could reach a bull market top by hitting this .5 Fib line (in green) around May at a price of around 280-290k. This lines up perfectly with the measured move from the current bull flag price action is in on the monthly here, however I’m much more confident in the measured move technique on a linear chart instead of a log chart. I have seen many patterns on log reach the same type of measured move that a linear chart would offer so I think it is definitely very probable we see a breakout that hits this target. Of course we could hit this target even and somehow still not be finished with the bull run but I have a feeling i we go this high in may it probably will be the top. I will also be paying close attention to the daily pi cycle top indicator, as well as the RVI, RSI, Stoch RSI, NVT, and MACD on the 2 week. I believe all of these indicators in aggregate should give us a fairly clear idea of when the bull market is over. I initially thought the next fib line above the green one i currently have the bulls eye placed on would be where we topped out at but now believe its more likely to be the .5 green fib here as topping out at the one above it will lead to a end of bull market price of over 400k and that seems a little too extreme for this bull market. Of course crazier things have happened but for now I think a top at the .5 green fib is more probable. *not financial advice*
speculative fib channel suggests we could reach top by Octoberjust playing around with the fib channel here on the log chart until i found some consistency...i noticed that the blue .786 fib was the top of the 2013 false top and the 2017 true top. I also noticed that in 2013 after the false top it took 7 more monthly candles to reach the true top and wen it did it rose up 2 extra fib levels/colors before it hit that top in 2014. If we hypothetically are playing out a fractal of that 2013-2014 bull market, and we assume we will get 7 more monthly candles following our current false top until the real top...that would take us to october of this year....now, if we also did the same thing and pumped priceaction 2 extra fib levels that would have us hitting the teal .618 fib level and if we were to come anywhere close to that in the month of october then suddenly 280-300k (as shown here by the red bullseye) is a real possibility...this price range would fit perfectly with plan B's stock to flow model which has a price projection around 288k. I am by no means saying this is how things will unfold. I have not really used the fib channel tool very much so it may very well be that there is a much more accurate angle to this fib channel than the one I've come up with...but its fun to speculate sometimes and when it lined up at this angle I saw quite a bit of bullish confluence so I thought it would be fun to share so later I can hit play on this chart and see if it comes anywhere close to this. As always, none of this is financial advice. Thanks for reading.
Compound. HTF channel bottom. NFA. DYORAfternoon, with bitcoin trending north it has given time for people to accumulate alts before they follow later on in Q4 when BTC takes a breather from taking out shorts.
Nice and simple chart here looking at the HTF. Compound is sitting nicely at the bottom of its channel which has been the launchpad for its runs in the pass. Has a nice support and resistance flip which is only invalidated if we lose 280, close below and then reject on the higher time frames, which I cant see happening personally but hey ho.
Pending fisher cross on the 3D below -2 has only happened 3 times, and when it does, they are explosive.
CMF holding above the zero line which indicates strength in the market.
This appears to be a good place to build a position if have not done so already or place buy orders on support at 281.
Initial targets are the 0.5 fib channel which was rejected at the rally at the start of July, will reassess position forthwith. If the .5 if flipped to support then we target the top of channel.
In no way Financial advice and always do your own research.
BTCUSD bullish, lower level retest now likelyThe mother crypto posted a convincing bullish breakout to the upside of a mid term triangle formation during the last weeks and set a new ATH. Now it's time for a retrace and retest of former fib levels for consolidation, and to build solid supports for the next swing up to the 80s.
Why?
- BTCUSD reached the upper limit of the mid term regression channel and fib channels it's currently trading in
- price reached the 1.618 fib elongation level of the last upswing from Jul-Sep
- retracement here would set 83.5k as new price target, which lines up nicely with the price target from the mid term triangle formation
- a bigger retest would resemble the the wave of the last upswing in timing and height, which is a thing BTCUSD typically does
Following we could enter a new linear regression channel with steeper slope, because we're already slightly parabolic even in logscale.
_____
Of course, this is not a trading advice, just my private analysis as well as a text for entertainment purposes.
Never put your heart and your money in the same place.
You could end up with your balance getting f***** while you're doing the hard work.
Bitcoin Analyze (Fib Tools & 🛑Signs🛑)!!!Hi, we saw a great bull🐮 rally after the price was able to broke an important resistance line. what will happen next?
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰
I tried to use some Fib tools for finding the next movement and resistance and support zones on this post. I think that Bitcoin dump again. maybe you are asking why ?! I can see some Signs of Reversal . let's check these Signs .
🛑 Sign 1 : if you pay attention to lines of Fib Speed Resistance Arcs, you can see, when the price touched lines for the first time on a rally, the price has started to reversing from them (🟦 Blue Rectangles 🟦).
now price is close to one of these lines✅
🛑 Sign 2 🛑: Point D of Bearish Gartley Harmonic Pattern will appear around 57260$ & TRZ ✅
🛑 Sign 3 🛑: seems, Bitcoin is running in Ascending Channel from 28800$ until now. Now Bitcoin is near the upper line of our Ascending Channel and resistance lines and Fib channel's line (Fib 100%) == probably Bitcoin will react to these lines ✅
🛑 Sign 4 🛑: we have Divergence (RD-) between Price and MACD until Now✅ 👇https://www.tradingview.com/x/dN925ydm/
🛑 Sign 5 🛑: on-chain date: Global open interest is 10.98 billion USD (a little dangerous), probably exchanges will get up and dump 🧐
Resistance zones & Suppot Zones on Bitcoin's way :
Resistance Zone : 57280$ until 56700$
Support Zone 1 : 47100$ until 45450$
Support Zone 2 : 41340$ until 40530$
My Suggestion : you can follow my Fib tools lines. probably these lines will work and help us👍😉.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Are we Done Yet?Using the hidden support and resistance lines of trading assets we see here BTC has tested the 1.618 to the downside twice now which represents the end of a move some of the time. Usually the 2 fib is the clear end so from this chart we gain no directional clarity other than knowing exactly where we stand. Going to scale down time frames to the 1 hr. to see if any hint of direction. To play this chart it's very simple. If we break the 1.618 it's 99.9% chance going to test the 2. At the 2 volatility will boom and the move will be either a major reversal or the dreaded tank to the 3 (rare). Mind you I have only discovered these lines in the past year and have put thousands of hours into drawing and reading the price action enough to be confident here. every fib matters on the way back up as well till you pass the 1.
ADAUSDT Fib channelIn this idea, I take a look at ADAUSDT in 1D perspective. As you can see, the price increased sharply. So a correction is expected. Therefore, I believe that there should be a correction about $2.5 or less.
Bears are back in town ...Guys, have you seen this live? :-)
In my last chart idea I already looked sceptically at the volumes of the last "range breakout" - they were only a third of the least of range breakouts in the last year. That didn't look like the way to the new top to me.
Today, Tue 2021-09-07, a heavy pullback hit BTCUSD and virtually all major cryptocurrencies. It started after the price almost touched 53k at 03:22 UTC , ending in a major bloodrush after 14:30 UTC , with BTCUSD (kraken) finally touching down as low as 42k. About 20% down within two hours . It kinda looked like a long squeeze. At the time of writing prices seem to stabilize around 47k . Now, this is where we have been one month before.
This still could be just a healthy correction on the way to Scenario B and the next ATH , guys ... ;-)
Would you buy that?
It could as well be the case we're just back in Scenario A of the Idea I published four days ago. And this would mean that the market has no trust in a further way up yet after hitting the 63k in spring . That we need to get back to lower levels , yes, as deep as the 20s range. There we will fill our pockets, before we get back and make money and hit the 100k.
Share your thoughts!
GOLD 4h time-frame analysis. the price is confined within a fib-levels 0.78 and 1.
and there is a channel as you can see
Short term bearish view on BTCUSD: Fib channels.For me, a likely scenario could be BTC dropping until Q2-2022, then long-term building up for next ATH.
Why?
Using long term fib channels we see that sell territory has always begun above the 0.5 line. When this had been reached, a correction to the channel below 0.236 followed suit - time for buyers. After BTCUSD has been in the channel above 0.618 it didn't drop there yet. That's where it may go next (scenario A).
Why not moving further up, into scenario B?
BTCUSD had never made a correction through more than 2 channels during a bullish phase. Now it already went through 4 of them. There are no new psychological or fundamental reasons why this time should be different (like the corona drop was in 03-2020). This makes scenario B rather unlikely for me.
This is not a trading advice, just my private analysis.
Quickpost BNBUSDT losing momentum after reaching key targetIntroduction
Out of all the top coins since 2017 to right now BNB had one of the best bull runs. Therefore, if it is setting a bull trap I take that that is pretty scary and a bad indicator for the broader market.
Analysis
I consider hidden bearish divergence to be the bulltrap signal and as I look at the charts it is very visible on the RSI. So that gives us continuation to the downside from the peak to peak. Traditional or classic bearish divergence signals the end of a current uptrend and I see that on the MACD histogram. Also, the MACD is on the verge of closing a MACD-Signal line cross. Very bearish when taken into consideration with the divergences.
Good news is the BNBUSDT chart is acting very technically. There was a symmetrical triangle that formed and when it broke it went right to target before stalling and now potentially reversing. Hopefully we can have the same chart clarity moving forward.
Rough Targets
One target would be an ABC correction at the 1.618 looking for an ABC correction
Which is close to the 1 line on this fib channel.
LRC Perpin this analysis I aim to illustrate important supprt/resistance regions in LRCUSDT chart. to this end I use Fib Channel tool in daily time-frame.
KAVA 1h analysisAfter breaking the top of the Fib Channel (1.0), KAVA grows to 1.618. it is in a correction mode now. in this movement, a range region is formed where is defined in blue. The price hit the bottom of the channel where it coincides with the 0.618 of the Fib Channel. Therefore, one can consider it as strong support. it may support the price to the middle and top of the channel. However, breaking the support leads to a decrease of the price to 0.5 and 0.23
MATICUSDT 4h timeframeAccording to the chart, MATIC breaks the triangle pattern and the price decreases dramatically. in daily time frame one can consider this reduction as a correction. In this time-frame, the Fib Channel covers the price movement nicely.
In 4h perspective, I believe that the targets are 1.47 and 1.43 respectively.
Ethereum Daily EMAs have stacked bullish, SMAs likely to followThere is a lot of power in having the moving averages sorted out either fully bullishly or fully bearishly for people that like to have some confirmation that a prolonged move is coming. During consolidation periods EMAs and SMAs are often not in full agreement because they move at different speeds and people hoping to go long early on the EMA signals may miss the traders using a SMA system looking for resistance.
So when both EMAs and SMAs get sorted out then both sets of traders are looking for blue sky moves. The chart below zooms in and shows that the EMAs (on the right) as a few days ago have fully sorted themselves out fully bullishly. Price is above the price action and every EMA is above the the EMAs with a longer time period. The SMAs still need to sort themselves out based on their lower nature. This unsorting on the SMAs may take a month. The 20 should be above the 100 in short order and (with a high probability if) when the 50 gets above the 100 SMA the stack should be complete. There may be some thrash and sideways action which takes a while to get sorted but with the optimism in Ethereum I predict the SMAs will ultimately stack bullish.
The main chart shows some previous gains on similar signals, just holding until the 20 and 50 finally cross bearishly. And of course, you can always get in again when the stack is bullish and stay safe during the chop. I very recently flipped my bias on ETH after being bearish using my volatility set ups, which is my preferred system of setting up bias. THe EMAS stacking bullish helps me confirm that post because it suggest with a high probability the bullishness on the daily will carry over onto the weekly. The linked post will show that I flipped my bias on ETH because the breakdown that was occurring on the monthly was reversed the last week of the month and my volatility system showed support was confirmed.
Just to make the chart a little noisy I also showed where the EMAs and SMAs have stacked fully bearish. Bear markets are often quicker and more viscous the bull markets and so having that understanding can help you be on the right side of trades.
Now the stack is bullish on the EMAs I will be using a basic HA and moving average strategy. Two shadowless green candles on the 12 hour after pull back and I buy the dip. Supplement with some basic charting and divergence indicators and I am good to go.
Below is a quick look at the volatility system I use to determine my bias. My linked idea will show the monthly chart. The daily on the left is a clear bullish chart, with the price above the VSTOP and MFF VSTOPx3 and the 20 period SMA. Also, MACD is crossed bullishly. On the 3 day the MTF VSTOP needs to be broken and confirmed ad the price needs to say above the standard VSTOP level around 2719. The weekly chart has just over 2 days to stay above the MTF VSTOP and hopefully in the next week or two confirm the MACD cross.
Ultimately I hope to get out of my trades at the 2 line on the fib chart. But that will be another idea. As I mentioned in a previous idea, finding support on the 1 line is incredibly bullish. Also, finding resistance at the 1.272 (literally could not stay a whole candle body above for more than 2 days in a row) shows that the fib channel as a whole is predictive.
AMP/USD BullishFib channel tool does a nice job helping with visualizing accumulation/distribution and price action within specific fib channels. My hypothesis is that price will spring off the .382 or .236 fib in the coming days and test the 1.618 fib.
ThetaUSDT - Holding strong on .618 Fib Channel (Theta Rainbow)Theta Printing Large Bullish Flag. Theta has shown strong support at .618 of the fib Channel. This is your ideal time to buy more.
I expect Theta bounce once more off the top of the Flag and retrace, but not to the lower part of the flag. Once retraced, theta will break through and continue on its bullish trend. This may take a couple of weeks to play out.
Bitcoin Analyze UP 🐮 or DOWN 🐻Hi, yesterday was a great day for Bitcoin , it had an amazing pump (About 2000$ 😱 just on one 1h candle).
Bitcoin Analyze ( BTCUSDT ) Timeframe 1h .
BTC swung on the Range channel for about 1 day and 14 hours , after that the price was able to break it (to the top), and then we saw that amazing Pump breaking our main Downtrend line . in this area (Live), we have a Resistance Zone + TRZ ( Time Reversal Zone ).
Resistance Zone includes Fib Channel's Lines (88.6%) + Weekly Resistance 1 (38800$) + Daily Resistance 2 (38733$) + Cluster of Fibs + Bearish Crab Harmonic Pattern 🦂.
Also, I found Bearish Harami ( Candlestick Pattern ) at TRZ .
Now, I am coming with my scenarios again 😉. I have 3 scenarios :
Scenario 1 : if the price goes UP over 39380$ , we can see 42000$ $ 43000$ soon.
Scenario 2 & 3 : if the price goes Down to our main Downtrend line ( Point A ). Point A can be a Critical Point for us, better, I had to say that BTC will decide to go UP or again BACK to the under Downtrend line ( UP will make my Scenario 2 // DOWN will make my Scenario 3 ).
My Suggestion : We have to wait and find the best triggers for the best scenario .
Support zones on Bitcoin's way:
Support zone 1 : 37550$ until 37420$ ( Yearly Resistance 1 + Fib's lines ).
Support zone 2 : 36466$ until 36380$ ( Weekly Pivot Point + Weekly R1+ Fib's lines ).
Support zone 3 : 36140$ until 36000$ ( Top of the range channel + Fib's lines ).
Do not forget to put Stop loss for your positions (For every position you want to open)
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the 'like' button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Good luck
Im anticipating...A lot of patience and chop... continuous reshaping of the narrative as speculation around crypto on a geopolitical level continues to be argued eventually reaching a homeostasis and understanding of what crypto means.
Buying ANKR for all the fundamental reasons Had to liquidate few positions earlier than targeted, doubled my ANKR bag for all the fundamentals in store and yet to be announced.
Technically ANKR remained in its bullish FIB channel and accordingly 497 sats should be a target within reach over the coming few week.
