Get started

Fibinacci

BTC hourly UPDATEAfter massive correction from 42k to Strong support level of 30k, BTC price recovered itself again and now price goes through the ascending channel as you see in the chart. by now to reach ATH level again we have some strong price levels that need to break again, fibo levels , EMA200, 36k Strong level if the price could be stabilize above EMA and 36k , there is good sign to reach to ATH again and maybe a new ATH ... but if it can not consolidate itself in this zone price will drop out of ascending channel and continues to the correction.
by behnamkarimi6
XRP ABOUT TO BREAK TO THE UPSIDE ????? IMPORTANT ZONEI KNOW SOME OF US PROBABLY HAD A DIFFICULT TIME TRYING TO FIGURE THE EXACT STUCTURE XRP WAS TRYING TO MAKE AND I BELIEVE THAT THIS ONE I HAVE HERE IS PRETTY SOLID . IN REFERANCE TO MY PREVIOUS POST ON XRP THIS MONTH , XRP IS STILL LOOKING PRETTY BULLISH IN MY OPINION AND LOOKS LIKE IT WANTS TO RETEST PREVIOUS HIGHS OF $0.79 . AFTER A 40% PULLBACK FROM $0.79 , XRP HAS CONTINUED TO MAKE NEW HH'S & HL'S . ALSO WE HAVE A POSSIBLE BULLISH PENANT THAT IS BEING FORMED AND ON THE DAILY CHART YOU CAN SEE IT MORE CLEARLY . MY THEORY IS THAT IF WE WERE TO SEE THE ENTIRE MARKET CORRECT ITSELF AND HIT NEWER LOWS LIKE BELOW $0.45 , THEN I BELIEVE WE WOULD HAVE ALOT MORE SELLING PRESSURE DRIVING THE MARKET DOWN INSTEAD OF CONSOLIDATING AND MAKING THESE NEW HH'S & HL'S ON THESE LOWER TIMEFRAMES (4H,2H) . ALSO I HAVE DRAWN A FIB RETRACMENT AND WE HAVE A NICE SUPPORT EXACTLY ON OUR 61.8 FIB . FLARE AIRDROP IS DAYS AWAY , POSSIBLE GOVERNMENT SHUTDOWN ON DECEMBER 11 , ITS THE END OF THE YEAR , WE JUST CLOSED ON OUR BIGGEST MONTHLY CANDLE IN OVER 2YEARS , AND FOR SOME REASON BITCOIN IS CONSOLIDATING AT ITS LAST ATH AND STAYING IN A $200-$250 RANGE . TO ME THAT IS INTERESTING BECAUSE LAST TIME AROUND WE CLEARLY STARTED MAKING LL'S AND LH'S INSTANTLY ON THE DAILY&4H BUT THIS TIME AROUND WE CAME TO THAT HIGH AND PULLEDBACK DOWN TO $16500 RANGE AND THEN BOUNCED BACK UP EVEN HIGHER TO CLOSE ABOUT $250+ MORE AND THAT IS WHERE WE STARTED CONSOLIDATING IN A RANGE A LITTLE SIMILAR TO XRP . IF BITCOIN BREAKS 20K I BELIEVE ALL COINS WILL RALLY ESPECIALLY XRP AND IT WILL IMMEDIATLEY SHOOT TOWARDS PREVIOUS ATH OF $3+ AS IVE SAID BEFORE THO ANYTHING IS POSSIBLE IN THIS MARKET AND WE MUST BE PREPARED FOR WHEREVER THE MARKET MAY HEAD. I AM REALLY BULLISH BUT I CANT SAY IT IS IMPOSSIBLE THAT WE RETEST $0.79 AND GET REJECTETED AND ME MAKE NEWER LOWS . BUT TO ME I HIGHLY DOUBT IT :]
BITSTAMP:XRPUSDLong
by Visionaryofsuccess
Learning You can see today's rally in bank nifty . Generally what happens if there is a big rally then after achieving the top the index will retrace 20-30 to a maximum of 50 percent. Hence whenever you see green candles at 30 or 50 % levels of fibo retracement you can still go long in direction of the rally. This is the move where many retailers get trapped after selling and the market bounces sharply which you can see here. If it breaches 50 percent then you can say the trend may have changed for downward 300-500 points.
NSE:BANKNIFTYEducation
by vivekz_142
1
Blood in the streets for LitecoinIf we look at everything with the alt coins currently it doesn’t seem to be pretty. We saw back in the December 2018 lows that miners lost faith and began to shut their rigs down. This is happening with litecoin now after experiencing more than a 50% loss during what was expected to be a sustained bull run. This wouldn’t be the first time a major drop has happened for litecoin during a bull market, but we all know we can’t use past performance to determine future events. With that being said we did see a 65% drop for litecoin from 90s to 30s before skyrocketing over 400 during bitcoin’s parabolic rise. If we continue this bleeding and history rhymes, we should expect a $50 litecoin soon. The reason why I don’t believe that will happen is because of the Heiken Ashi chart on the weekly time frame. It has been consistently red immediately following the doji candle toping out at 140. We are now seeing volume dropping off with possible momentum shift on the MACD. We are also hovering around a very critical support level which just so happens to be the 0.618 Fibonacci level of the 22 and 140 price levels. We should at the very least start to see a relief rally back to the 117 range. If we are indeed in a bull market and bitcoin decides to break the current triangle structure to the upside,then litecoin could very well break its previous highs and reach 200.
COINBASE:LTCUSDLong
by YEHOK
Bitcoin Price reaches confluence areaBitcoin was rejected from 11k and began to consolidate downward. After a major move to the upside one would consider a “bullish” scenario to follow, however lower levels are being called for by the majority. Although that may turn out to be true in the mid to long term, as of the shorter time frame we see the 10k level defended. This should not have been too surprising considering it was the 0.618 level from the recent swing low to swing high. The resistance and support lines have also been converging to this area. If increasing positive momentum with volume can come in to bring bitcoin above the 0.5 level we should see a short term push to the upside back to about the 0.236 range and possibly higher.
COINBASE:BTCUSDLong
by YEHOK
QUICK UPDATE: D4s Take On RIPPLE (XRPBTC) - When to Buy?!Dear Crypto-Family! D4rkEnergY is getting a ton of request from you guys to analyse different altcoins, so he has now decided to make a new series called: D4s Take on...! This is meant to give you a quick update on the market. D4rkEnergY will not dig super deep into the coin pair. We will do that on the other charts. D4 hopes you will like it anyway, it will definitely help you to gain a good understanding of the market. So let's do it! We are here taking a look, at the 1D XRPBTC Chart. As you can see, we had this crazy parabolic run in December and January. Since then we are in a middle of an ABC-correction. I will say, that I am still pretty bearish on Ripple at the moment. Ripple has not doing well lately. Also compared to the USD, where we have been making out with the 78,6 % Fibonacchi level for quite a time. We managed to fuck up 2 times the last 2 weeks, where we had a good opportunity go into a reversal, but you guys were lucky, cause D4 warned you about bearish divergence. Back to the XRPBTC pair. We are now under the EMA200, and we don't see any bullish signs what so ever. Bitcoin on the other hand has been doing pretty good, and are in the process of climb the ladder and finish the 5th Elliot Wave. Even worse for Ripple, BTC is on the 3rd Elliot subwave, so expect therefore, that Ripple will go even lower. The green box is your buy zone. The reason for that is based on previous price history, the MA200 and the 78,6 % Fibonacchi Retracement level! But keep monitoring your chart. D4 loves you <3 Please do me a favor and hit that LIKE button and FOLLOW. It really encourages me to make more updates and analysis for you guys. Thanks in advance, my friends! <3
by D4rkEnergY
17
BTC Pump Fakes, Could still fall back for the trick play!!If you missed my last update, it probably wasn't your fault.. I'm still trying to figure out how to publish my ideas on this site. I had a problem with my chart that messed up my thumbnail. So, I'm trying this again! Here's an update to my first Double bottom post. I have included some football related analogy's encase my last NASA slingshot reference was lost on any of my fellow red necks. Here's a fun way to look at this. "Bulls Vs. Daa Bears." It's late in the 4th quarter and the Bulls are down by 8. The Bulls have managed to stop the last of the of the Bears drives, and luckily due to a bad toss, they missed their field goal. "LACES OUT!!" The Bulls have possession, but they're sitting on the opposing teams goal line. Our first few plays were grueling work, but we managed to grind out some yards. The bulls were even able to make a sloppy 3rd down bull flag that set us up to test the combined resistance of the 79% retrace and mid-line of the downward trend. The Bulls actually managed to build up some momentum by the end of the play. At one point, I thought they might even cram this thing straight down the middle for a first down moving away from the Bear's in-zone. Unfortunately, the Bears brought Lance Briggs out of retirement for this game. He saw the play coming and made a tackle that now has the medical team checking our star running back for a concussion.. I'll put aside the analogy for a second.. All of our previous 3 bull flags have broken out very near their own 79% retracements. You could possibly even call these bear traps.. Each one waiting until the last moment possible, attempting to shake out all the weak hands before making their breakout move up each time. If this pattern continues, I think we have one critical line to watch for support shown using a dotted red line in the chart. I think it's possible we could find support here, which could lead to a another retest of 9k. However, we've confirmed fairly significant resistance at this level. So I wouldn't get our hopes up expecting a different result lest we be insane. If support fails at this critical point, I don't see anything left to catch us from free falling back down to our larger 79% retracement around 6k. So, what's left in our play book? Can we ever break out of this downward trend? Will the Bears win? Can multiple career long accumulated concussions really increase the chances of chronic traumatic encephalopathy? I don't know.. But I think we have a better chance to throw them off if we pull out the Trick Play!! The Break Out Trick Play! Here is one play I see that could finally get us out of this downward trend. It's purely speculative, but plausible with an ounce of technical support to back it up. Basically, the combined resistance of the 79% retrace and the mid-line of our downward trend is proving to be too much for us to break through with the current state of this sad little rally. But, If this last breakout can't punch through and we fall back to our 6k support forming a double bottom, there's still hope! If we fall back to the 6k support and bounce, we might be able to gain enough momentum to carry us through the mid-line resistance. If we can break through that, we can pick up mid-line support if we bounce back off the 79% retrace again. It's almost like a direct snap back to your running back who heads left, but then hands it off to a tight end going the opposite direction, but instead of running, he then passes ball to the quarterback, who was running a route toward the back right corner of the end zone.. Thanks for reading, let me know what you think! Also, not that anyone was thinking about it; but I don't recommend using any of this advise for trading... All of my analyses are formed using my own set of highly technical and complex algorithms that I like to refer to as.. pure speculative imagination! They've done some studies, and 60% of the time.. I'm wrong every time... Sly2.0
BITFINEX:BTCUSDLong
by sly2
1