The downward channel converges with the 225BB median line at 8,320 at arrow which COULD be time accurate as well. This should also be an area where algo's kick in too Good Luck!
is xrp the future? make your own choice ;)
It's time to take a long term look at ETH. This effect can be made using the fib retracement tool and pulling it from the recent bottom to recent high, and applying all common fib levels higher than 1. Interestingly, the ATH would then be at 7.382. As there's been a lot of noise in the market lately, so i thought I'd sit back and take a nice long term look at this...
Ciao Traders, If waves 1 count is ok, wave 5 extension is in play, from this point we could see an ABC correction to lower levels, if we breakup it can lead to 9.3k Pay attention to these level.
LINKBTC looking particularly strong. When can I get in on this Trend? Here's a few ideas based on some observations for some dip buying. Good Luck, Traders. May you find yourself on the profitable side of it.
Slippin' and a-slidin' Peepin' and a-hidin' Been told a long time ago Baby, I've been told Baby, you've been bold I won't be your fool no more!
Hi Guys, The current scenario for NIFTY 50 doesn't look good at all. 1. Let's talk about recent one, you can clearly see that it formed a Bearish Engulfing candle on the weekly chart. 2. There is a Head And Shoulder pattern formation is in the process, which is most likely to complete in December. 3. If you look at the Retracement Levels, You can see that it...
The DXY - has hit a level of confluence i expect to see some retracement
X marks the spot. Just want to point out that the .618 retrace on Uchf is a very strong fib level in reference to price dating WAY back. It is very choppy moving up, at some point we will get a deeper correction. The 78% fib may be an even stronger level, especially if price hits it without a correction first. That will line up with the larger fork. I'm not saying...
using recent lows and highs, based on that we have some supports and it's coming to a triangle now i'm just testing different ideas; always learning and experimenting
just playing around with ideas with fibonacci levels and ichimoku clouds learning and experimenting
Happy Caturday all. =^.^= I usually like sorting stocks when I wake up by "volume", this let's me see the coins most likely to move throughout the day. Trading in a high volume coin also lets you move in and out of buy/sell orders with ease. Having been personally stuck in a coin with low volume, not being able to activate my stop-loss because no one was buying...
Brief analysis I see a sharp bounce from 9222. This low was just shy of the Gartley PRZ near 8700. It has been approaching a possible reaction zone near 13000 and strong resistance near 14000. Price action there will reveal the future course of action. We have strong support at 8700. The traders should turn bearish only below 8700 because then there will be a...
Setting up a short position bouncing off previous support turned resistance and the downward sloping channel. This looks to be a good play as risk on continues and emerging markets are gaining strength this year against the USD. Follows, Comments, and Likes are appreciated!
I am thinking more upside, check out my previous analysis. But let's wait if it retraces or the level it's sitting at now is 50 fb level between a monthly swing high and swing low. A break above and we'll meet the down trend a rejection and we'll se the uptrend below. I'm keeping an eye on this one. And you should to :) Just an idea, not a signal !
We touched the top of the channel, looking at the chart of 1h the candle closed up and at that moment is touching the top of the channel above. Are we starting a bull run? Or it's just a bull trap