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Fibonacci

Down Jones Wave Analysis 14 January 2025 - Down Jones reversed from support level 42000.00 - Likely to rise to resistance level 43000.00 Down Jones index recently reversed up with the daily Piercing Line reversal pattern from the pivotal support level 42000.00, which has been reversing the price from September. The support level 42000.00 was strengthened by the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from August. Given the strength of the support level 42000.00 and the improvement in investor sentiment as seen across the global equity markets, Down Jones index can be expected to rise to the next resistance level 43000.00.
DJ:DJILong
by FxProGlobal
EGX30 - Egyptian market index - good news#EGX30 - time frame 1 DAY created 2 Bullish pattern ( Gartley and AB=CD ) , Action price in this point already done ,but in anther hand we are still in a downtrend targeted 28050 to 27000 unless closed weekly uber 32200 . now we have a chance to improve our investment as follow : Entry level at 28515 ( already done , closed today at 28967 ) Stop loss 28515 ( daily close , may index achieve this target but close uber it ) First target at 29700 ( if index close uber 29700 it will be good support ) there is resistance point at 30200 before achieve next target Second target 30500 Third target 31000 ( if index achieved this target and closed weekly uber it , It will be a good indicator of the beginning of entering an upward phase and the end of the decline ) NOTE : this data according to time frame I DAY , NOTE ; EGX30 still have lower target up to 27000 so my advice is don't be Very optimistic but be careful . Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:EGX30Long
by tfcgeorge
TradeCityPro | FILUSDT Money Stuck in the Weekly Range Box👋 Welcome to TradeCityPro Channel! Let’s analyze another altcoin of the week amidst a market day where interest rate decisions weakened the dollar and strengthened crypto. Scroll Down to Check Out the Analytical Chart as Well! 🌐 Overview Bitcoin As always, we begin by looking at Bitcoin. On the 1-hour timeframe, Bitcoin has bounced off the $90,655 support and is currently sitting below the $97,343 resistance. After breaking this resistance, there’s potential for new positions. To decide whether to open a long position on Bitcoin or altcoins, we examine Bitcoin dominance. Currently, while Bitcoin is green, dominance is red. However, when the $97,434 trigger is broken, check Bitcoin dominance; if it remains bearish, Bitcoin’s movement can act as confirmation for long positions on your altcoins. 📊 Weekly Timeframe On the weekly timeframe, FIL is clearly stuck in a range, fluctuating within a box for about 900 days over two years. We’ve repeatedly discussed the importance of avoiding purchases within range boxes and instead buying with momentum. While buying at the bottom of the box might offer numerically better entries, how does the risk of capital dormancy in this immature market compare? Remember, in a market like this, coins you hold could face extreme risks, as we saw with LUNA. For exiting this coin, patience is key. If it breaks below $3.214, consider liquidating your holdings and exiting , For re-entry, the primary and ideal trigger is a breakout above $10.163. After such a major accumulation phase, breaking out of the range box can signal a significant upward movement. Look for increased volume and RSI entry as confirmations. 📈 Daily Timeframe In the daily timeframe, after exiting our accumulation zone and breaking $4.791, FIL initiated an upward trend that reached $8.082. This highlights the importance of buying with momentum, such as the “break the box” candle marked on the chart. Currently, the price has returned to $4.791, a significant support level that was previously the box's ceiling and resistance but has now turned into strong support. It also aligns with the 0.618 Fibonacci level, further emphasizing its importance. For future purchases in the daily timeframe, the best triggers are $8.082 and $11.559, in that order. A riskier trigger would be the $6.199 breakout, but this carries higher uncertainty. For exits, activating your stop-loss below $3.214 is more logical for now. After breaking $4.791, I might consider opening a futures position. ⏱ 4-Hour Timeframe On the 4-hour timeframe, it seems FIL has faked out the $4.803 support and is forming a V-pattern. This pattern will activate upon breaking $5.217. 📈 Long Position Trigger i would personally take the risk and open one after breaking $5.217, staying aligned with the move. 📉 Short Position Trigger I currently have no plans. However, if FIL gets rejected from this resistance and moves downward again with momentum and volume, I might consider a short position after breaking $4.803. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
7
Bitcoin is breaking down right now! (lifetime opportunity)Bitcoin is currently breaking down out of the head and shoulders pattern, as I expected in past weeks. The next support is 85k, and we can hit this support pretty quickly. Bitcoin is known for its huge volatility. After we hit 85k, I expect Bitcoin to go up and retest the previous neckline of the HaS pattern, which is at around 91k! So you can make 2 trades in the short term. If you watch my posts, you know that 85k is a significant support level. It's the start of the FVG on the daily chart. Between 85k and 77k there is pretty much no price action. That means we can experience a huge flash crash. But let's be realistic: 85k is also a 20% correction from the ATH. Statistically, a 20% crash is when you want to put your buy orders. 1:1 FIB extension corresponds to the ABC correction. We are in Wave C of a corrective pattern. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
129
ETC/USDT - 1W interval Chart Hello everyone, I invite you to review the ETC pair to USDT chart, taking into account the interval of one weekend. As we can see, the price is currently in the support zone from the level of $25.60 to the level of $24.27, but if the zone is broken, we still have visible support at the level of $21.85 and then we can see a drop to the level of $17.55. Looking the other way, when the trend reverses, the important resistance level is $29.35, then the resistance level is $33.30, and the next significant level is $36.26.
by cryptodailyuk
BTC watch 90 then 85k: Targets for the well foreseen RetraceBTC peaked at a wave end point projected by our fibs. Retrace progressing with speed and very few bounces. Adding a retrace fib gives us a few key targets below. $ 88,976 - 90,177 is the Minimum Expected dip. $ 84,686 - 85,714 is the Strongest support below. $ 80,438 - 81,289 Speed Bump only, unlikely to hold. $ 77,179 - 77,672 is a MUST-Hold for bulls or its "ova". ================================================ Previous Analysis: Big Picture projection of 97.8k break and run to $105k Near term warning of possible top at $104-105k ==================================================================
COINBASE:BTCUSD
by EuroMotif
10
Public trade #9 - #Aixbt price analysisTo accompany yesterday's analyzes of #Virtual and #AI16Z, here's another analysis/forecast for the #aixbt price The trading history of Aixbt by Virtuals is also small, but the coin was bought back very well at night, so you can try to “pick it up” 1️⃣ The desired purchase zone is $0.38-0.44 2️⃣ “Wanting” - sell for $2.60 But only our copytraders will be the first to find out how we buy and sell OKX:AIXBTUSDT.P at fact _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
USD/JPY Potential Reversal Zone with SMC and ICT InsightsFX:USDJPY USD/JPY Potential Reversal Zone with SMC and ICT Insights The chart shows the USD/JPY 4-hour timeframe with various technical indicators and annotations. The price is currently at 157.506, with a slight increase of 0.075 (+0.05%). The chart includes several key elements: Break of Structure (BOS): Indicated at multiple points, suggesting significant shifts in market structure. Change of Character (CHoCH): Highlighted at various points, indicating potential reversals or shifts in market sentiment. Fibonacci Retracement Levels: Key levels at 0.786 (158.452), 0.786 (158.293), 0.618 (158.121), and 0.5 (157.889). Volume Profile: Shows high volume nodes around 157.927 and 157.599, indicating strong support/resistance zones. RSI Indicator: Currently around 46.47, suggesting the market is neither overbought nor oversold. Buy Strategy: Entry: 157.600 (near the current price and volume profile support) Take Profit 1 (TP1): 158.000 (+40 pips) Take Profit 2 (TP2): 158.450 (+85 pips) Stop Loss (SL): 157.000 (-60 pips) Sell Strategy: Entry: 158.100 (near the Fibonacci 0.786 level and resistance) Take Profit 1 (TP1): 157.600 (+50 pips) Take Profit 2 (TP2): 157.000 (+110 pips) Stop Loss (SL): 158.500 (-40 pips) VIP Signal: Buy: Entry 157.600, TP1 158.000 (+40 pips), TP2 158.450 (+85 pips), SL 157.000 (-60 pips) Sell: Entry 158.100, TP1 157.600 (+50 pips), TP2 157.000 (+110 pips), SL 158.500 (-40 pips) This analysis leverages various strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave, to formulate detailed buy and sell strategies. The identified key levels offer optimal entry and exit points, ensuring a balanced risk-reward ratio for traders.
by Alexgoldhunter
TradeCityPro | ALGO Unraveling Trends and Forecasting the Next👋 Welcome to TradeCity Pro! In this analysis, I want to examine the ALGO coin for you. Algorand blockchain is one of the layer 1 networks. 📅 Daily Timeframe: Correction and Rest After 375% Growth In the daily timeframe, we have seen a significant price increase from $0.1085 to $0.5138. After bottoming out at $0.1085, coinciding with the breakout of Bitcoin's ATH, it started its movement and after breaking $0.1602, it began its main movement and reached the resistance at $0.5138. 📈 During this movement, due to high momentum and very high buying volume, it easily broke through the very important resistance at $0.3220. Now, after reaching $0.5138, we have entered a market correction phase. 🔍 Currently, after exiting Overbuy, its momentum has decreased and it has corrected to the 0.382 Fibonacci level, which overlaps with $0.3220. It has hit this area several times and each time it has managed to stay above this area, and this support has not yet been broken. 🔽 If $0.3220 breaks, the next areas are the 0.5, 0.618, and 0.786 Fibonacci levels, which we will see how the price reacts to. After these areas, the next supports are $0.1602 and the last support at $0.1085. A break of 41.63 in the RSI increases the likelihood of a correction occurring. 📊 If the resistance at $0.5138 is broken, the next resistance will be $0.7414. Entry of buying volume and a break of 70 in the RSI can help break $0.7414. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
7
BTC performance in this cycle 243k topHere its a fibonacci logaritmic scenario which bitcoin will perfprm, the resistances are clear, 100k-153k-203k-243k respectively BTC will not go much further than 243k if history repeats itself and follow the sequence, we also must notice that this bullrun is diferent, we usually see big uptrend movements to resistances and then a lateralization on those levels, this happens due to institutional governance in the market and they follow the Fibonacci retracements, so as soon as we get to 150k there must be a 20-30% max correction, also with 200k that there it can be more heavy up to 50% correction but no guaranteed, and then finally the max level of 240k as soon as we get to that point its a 100% win to put a short x2 or short x3 of btc and see all burn March 20 150k reached may 200k reached big falldown september 243k , short asap
Long
by Phibonesratsen
BTCUSDT soon below 90K(Below that support is extremely bearish)As we said before here price stop multiple times from falling with 90K support zone and soon after more sell open with whales and ... and also more buy open with new investors with leverage market will get ready and have the potential to start it is first phase dump and correction to the downside like the red arrows mentioned on the chart. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Short
by MMBTtrader
18
NQ Power Range Report with FIB Ext - 1/14/2025 SessionCME_MINI:NQH2025 - PR High: 21088.50 - PR Low: 21011.00 - NZ Spread: 173.5 Key scheduled economic events: 08:30 | PPI Advertising daily rotation long back above 21000 - Holding auction near Friday's close and previous session high following slight session gap - AMP margin increase for expected economic news release vol spike Session Open Stats (As of 12:25 AM 1/14) - Weekend Gap: N/A - Session Gap +0.13% (filled) - Gap 10/30/23 +0.47% - Session Open ATR: 377.30 - Volume: 27K - Open Int: 251K - Trend Grade: Bull - From BA ATH: -6.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 22667 - Mid: 21525 - Short: 19814 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. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQH2025
by mv3trader5
GBP/JPY 4H: Reversal Signals and Trading StrategiesOANDA:GBPJPY GBP/JPY 4H: Reversal Signals and Trading Strategies The chart shows the GBP/JPY currency pair on a 4-hour timeframe. The chart is filled with various technical indicators and annotations, including trend lines, Fibonacci retracement levels, volume profile, and momentum indicators. The price action is marked with terms like BOS (Break of Structure), ChoCH (Change of Character), and other annotations indicating significant price movements and potential reversal points. The chart also includes a Relative Strength Index (RSI) at the bottom and a volume histogram. Analysis: Price Action and Trend Lines: The price has been moving within a descending channel, indicated by the blue parallel lines. There are multiple BOS and ChoCH annotations, suggesting significant shifts in market structure. The recent price action shows a potential reversal from the lower boundary of the descending channel. Fibonacci Retracement: Key Fibonacci levels are marked, with the 0.618 level at 192.753 and the 0.382 level at 191.875. The price is currently testing the 0.618 Fibonacci retracement level, which is a critical resistance point. Volume Profile: The volume profile on the right side shows high trading activity around the 194.197 level, indicating strong resistance. Lower volume nodes around 192.247 suggest potential support. Momentum Indicators: The RSI is currently around the 30.31 level, indicating oversold conditions and a potential for a bullish reversal. The volume histogram shows decreasing bearish momentum, supporting the potential for a reversal. Buy Strategy: Entry: 192.247 (current price level) Take Profit 1 (TP1): 194.197 (previous high and volume resistance) - approximately 195 pips Take Profit 2 (TP2): 196.000 (next significant resistance level) - approximately 375 pips Stop Loss (SL): 190.080 (below recent low and support level) - approximately 217 pips Sell Strategy: Entry: 194.197 (if price fails to break above this resistance) Take Profit 1 (TP1): 192.247 (current support level) - approximately 195 pips Take Profit 2 (TP2): 190.080 (next significant support level) - approximately 411 pips Stop Loss (SL): 196.000 (above recent high and resistance level) - approximately 180 pips
by Alexgoldhunter