Fibextensions
$pton - ascending triangle, bull flaggot beaten to death for no reason on earnings last week.
making higher lows which is always a good sign, getting closer to breaking out of the bull flag.
It looks better going into next week, but if my technical analysis stands, $200+ by late march/early April... and then some as it makes it ways back to the pitchfork median
NQ Power Range Report with FIB Ext - 2/4/2021 SessionContract - CME_MINI:MNQH2021
- High - 13453.00
- Low - 13427.50
Evening Stats
- Gap: = +0.10%
- Session Open ATR: 273.17
- Volume: 34k
- Open Int: 228k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13747
- Short: 12500
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 2/2/2021 SessionContract - CME_MINI:MNQH2021
- High - 13276.50
- Low - 13230.00
Evening Stats
- Gap: = N/A
- Session Open ATR: 282.85
- Volume: 38k
- Open Int: 227k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13747
- Short: 12500
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
$dkng - symmetrical triangle we are headed for $83.
look or a breakout above the purple trendline. after we clear 56.77, we can easily see 62.01. after 62.01 we see the 65 area which is a difficult area to clear. past 65 easy 83+ target.
65 is an important level.
one thing i will be watching is the negative divergence...
NQ Power Range Report with FIB Ext - 1/29/2021 SessionContract - CME_MINI:MNQH2021
- High - 13187.25
- Low - 13127.75
Evening Stats
- Gap: = N/A
- Session Open ATR: 264.92
- Volume: 52k
- Open Int: 223k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13747
- Short: 12500
NQ Power Range Report with FIB Ext - 1/22/2021 SessionContract - CME_MINI:MNQH2021
- High - 13400.50
- Low - 1378.25
Evening Stats
- Gap: = N/A
- Session Open ATR: 210.04
- Volume: 31k
- Open Int: 236k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13500
- Short: 12750
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Next Extension Top 45k ? BTC/USD #Bitcoin $BTC #btcHere we see our Bitcoin 3 day chart from Bitstamp . Can you see our Fib drawdown on the far right of the chart ? And the top fib that is visible says 2.618 at 45424 ? There is a pink arrow underneath it . That's the probable next stop on the way up for Bitcoin. As you can see we already hit the 1.618 fib extension at 29500 so the next one up is the 2.618 fib extension . And that's near 45k ! Looks great though of course there can always be some up and down on the way . I wish these charts let you see above this area! But still you can see this chart is looking good for near future .
But how long will it take to get there ? It's hard to say . It could be weeks or even months , of course no one knows exactly because alts may have their first run. Let's see what happens .
Long LINK/USD to $30 then $40LINK has just completed a clean breakout and close above ATH resistance on strong volume after a beautiful multi-month consolidation. This consolidation base appears in the context of a strong, multi-year uptrend and should provide LINK legs for a trending move to the 1st fib target at $30 and ultimately the 2.618 around $40. A little late to the update on this one, I'm in on a position trade from $15 but looking for at minimum a double and likely a triple over the next several weeks/months. May take some time to consolidate and fake-out above/below the breakout area, but once it gets moving above $20, LINK is headed much higher during this bull run.
Long BTC, Long ETH and Long DeFi is the motto for 2021. Happy trading!
ORCLBull Flag Idea. I would Buy on breakout $64.00 with a stop loss at $62.60 and take profits at the fib extensions . If breakout is hit within the first 30 minutes of market open id wait for a break of that 30 minute high to buy to avoid possibly getting faded to the downside after open. If it takes off running at the open and explodes higher i wouldn't chase it and idea would be void
BANKNIFTY weekly analysis (LONG)hi
it is a weekly analysis of BANKNIFTY and we can see the retrace on the price due to Covid-19 is now close to 50% Fibonacci level and it can have a touch on 61.8% too and then a big reversal and it will touch the 100% of Fibonacci expansion
we can notice a divergence in MACD too which is an other reversal sign
and when combined with Fibonacci levels we can see we will face a big boost in the business post Corona Crisis
market may be renege for sometime but the ultimate move is
NQ Power Range Report with FIB Ext - 12/7/2020 SessionContract - CME_MINI:NQZ2020
- High - 12569.00
- Low - 12522.50
Current Stats
- Gap: = +0.12%
- Session Open ATR: 204.80
- Volume: 19k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 10650
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
EGR - onward and upward?Quick look at EGR which is looking at a nice end to 2020.
After a run-up in September following positive news, EGR dropped off and failed to break through the 0.382 fib resistance.
Support has been found at $0.14 (Support 1), confirmed by WVF which strongly indicates market bottoms at this level.
Trading has since pushed away from Support 1 and the 0.5 fib resistance has been tested multiple times in the past week.
A positive end to the trading week sees EGR placed to test the 0.5 fib resistance again next week, after entering an upward-trend channel.
This is likely to continue as indicated by the WVF trend, in addition to a decrease in volatility as per BBW and a change in momentum indicated by the MACD.
If the 0.5 fib resistance is broken there is a good chance that this will run up to the previous 0.382 fib resistance.