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Fibonacci

Bitcoin (BTC) can hit all time high 119,620Fibonacci technical analysis : Bitcoin CME:BTC1! has already hit its first target at Fib level -27.2% (108,395) of my Up Fib. Price currently showing shallow consolidation with support at Fib level 23.6 % (91,920). As long as there are no Daily candles closing below Fib level 23.6% (91,920), my Up Fib guides me to look for Bitcoin to eventually hit its second target at Fib level -61.8% (119,620). I would not close any open positions on CME:BTC1! just yet. I have a smaller Up Fib from 92,355 to 100,925. Last Daily candle (January 3) has closed above the Fib level 23.6% (98,905) which indicates a buy signal. Stop loss slightly below the 38.2% retracement Fib level (97,650). Long on Bitcoin (BTC): Short term Target 1 at 103,255, Target 2 at 106,220, Target 3 at 107,660 Long term Target 1 at 108,395 (already hit) and Target 2 at 119,620
CME:BTC1!Long
by rose_excellence
TLRY | Time for MJ to POP! | LONGTilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company, which focuses on medical cannabis research and the cultivation, processing, and distribution of cannabis products worldwide. It operates through the followings segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business. The company was founded on January 24, 2018 and is headquartered in Leamington, Canada.
NASDAQ:TLRYLong
by DivergenceSeeker
12
BTC Pump Stalls: Here's Why & Here's Where Price Can Go NextAs I stated in my earlier analysis, rejections come from predictable levels, so it shouldn't come as a surprise that, today's pump ran into resistance at the 1.618 Fibonacci extension. The big question now is: What comes next? Once Bitcoin bulls regain momentum, push past this resistance, and return to price discovery with new all-time highs, the next levels of resistance are just as predictable. Key Levels to Watch: 110K – Psychological Resistance, but don't expect it to hold Why it Matters: Round numbers like 110K often act as psychological barriers where traders take profits. 122.5K – Measured Move from the Cup & Handle Why it Matters: This technical target aligns with the bullish Cup & Handle pattern currently playing out. It’s a critical level to watch, though it may not hold as the final cycle top. Lifetime Channel Why it Matters: If Bitcoin continues climbing, the lower end of the Lifetime Channel becomes a likely candidate for the next major resistance. I consider this to be the “glass ceiling” on price discovery. If BTC bulls can reclaim that channel, 7 figure BTC becomes a realistic target in the next 10 years. Fibonacci Extensions Targets to Watch: The 2.618, 3.618, and 4.618 Fib levels represent technical resistance zones. I personally view those last 2 upper Fib levels as lower probability extremes, but I never rule anything out of the Wild West of Crypto. The exact level this cycle tops at depends on the timing and the specific factors that are influencing price action at that time. My Take: Where Does the Cycle Top Live? While 122.5K is a key target, the cycle top could extend closer to the 150K range, with a possibility of testing the Lifetime Channel or higher Fibonacci levels. The market will ultimately decide, but understanding these predictable levels can help traders stay ahead of the curve. Up Only Doesn't Exist: While I am MACRO bullish on BTC and it's fun to talk about massive upside targets, don't allow yourself to buy into the so called "up only" narrative. Somewhere along the way, there will be one or more deep corrections in the 20% - 50% range. Don't let that correction become your liquidation event! What’s Your Cycle Top Target? Where do you think Bitcoin’s bull run will peak, and why? Let me know in the comments.
BITSTAMP:BTCUSDLong
by kapro
Coca-Cola (KO): Is Risk-to-Reward Favorable Now?We have been filled on our second entry on $KO. Coca-Cola is now back trading within its range, and with the first bullish divergence on the RSI appearing, we believe that despite the current weak chart structure, the risk-to-reward ratio and dividend yield make this a worthwhile opportunity. As a traditionally slow-moving stock, Coca-Cola could gain some momentum if market focus shifts back from risk-on assets to safer, dividend-yielding stocks like $KO. This transition could provide the stock with room to grow. Key to the next move will be reclaiming the resistance at $65.14. As long as $59 holds as support, we remain optimistic. With our stop loss in place, this trade remains secure, and we are well-positioned for any developments. We are also working on improving how past analyzed assets are displayed for easier tracking. 🫡
NYSE:KOLong
by freeguy_by_wmc
Eventbrite Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Eventbrite Stock Quote - Double Formation * A+ Set Up)) | Completed Survey | Subdivision 1 * 4.50 USD | Area Of Value - Triple Formation * 3X Retracement Not Numbered | Subdivision 2 * Pattern Confirmation | Uptrend Bias | Subdivision 3 * Daily Time Frame | Entry Bias Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:EB
by TradePolitics
TradeCityPro | ICPUSDT Missed the Market Move? Don’t FOMO👋 Welcome to TradeCityPro Channel! Let’s analyze the market during a day when it has finally shown some movement, focusing on coins with clear triggers. 💥 Avoid FOMO The reason we create daily content for this community is to emphasize the importance of analyzing the market daily and identifying triggers before taking trades. This prevents you from acting impulsively and becoming a profit target for others who entered earlier. 🌐 Overview Bitcoin Before analyzing today’s altcoin, let’s quickly review Bitcoin on the 1-hour timeframe. As mentioned yesterday, Bitcoin’s movement was predicted. After breaking the 98606 trigger, a long position with a stop loss at 97343 was suggested, considering the potential for whale-driven moves at higher levels. Additionally, if Bitcoin dominance broke the 57.08 resistance, opening positions on Bitcoin was the preferred approach. Otherwise, a switch to altcoins was recommended. Here’s my position: R/R 3. The triggers I share are the same ones I use in my trades. Remember, not every day requires action! If you missed the move, should you open a long position after breaking 102208? Not yet. While the current timeframe suggests caution due to overbought conditions, you can consider this on the 15-minute chart. My recommendation: focus on identifying altcoin triggers to stay ahead of the market. 📊 Weekly Timeframe ICP has seen a significant move since its support at 2.868, rallying by around 400%. Recently, it has consolidated and established strong support at 6.603, which aligns with the 0.5 Fibonacci level and the 50% Dow Theory level, highlighting its importance. If you entered at lower levels, consider taking out your initial investment or exiting below 6.603. If you bought after the 9.684 breakout, patience is key. Given the potential for an early breakout above 14.879, maintain a stop loss at 6.603. For re-entry, a break above 9.684 signifies a lift-off from the midline of its horizontal range, suggesting a stronger likelihood of breaking 14.879. Increased volume confirmation post-breakout can validate a buying opportunity. Let’s address the fake breakout at 14.879. Unlike the 2.868 level, which saw sustained price action and a move upwards post-daily box formation, the 14.879 breakout was merely a single candle spike followed by an immediate reversal. 📈 Daily Timeframe ICP remains in its large range box, oscillating between 6.691 and 15.22. A sharp move is expected upon breaking either the upper or lower boundary of this range. ICP has already begun moving after breaking its smaller box resistance at 9.834. It has retested this breakout, unlike some coins that re-enter their boxes, underscoring ICP's bullish momentum compared to peers. Currently, ICP faces resistance at 12.409, which was previously ignored but has regained significance. Staying above 11.281 provides an opportunity for small preemptive buys, but the main trigger remains 15.22. ⏱ 4-Hour Timeframe ICP’s chart looks promising, as it has broken out of its 4-hour box and is consolidating below the next resistance level, presenting a potential entry trigger. Drawing Fibonacci levels from the start of the drop reveals reactions at all levels. Currently below 0.618, breaking this level could propel ICP to the 13.697 resistance. Remaining above 11.333 and the 0.382 Fibonacci level highlights the importance of the 12.476 resistance. 📈 Long Position Trigger If you didn’t open a position at 11.333, it’s still fine. Momentum has entered this chart. After breaking 12.476, you can open a long position with a tighter stop. Ensure volume increases and RSI enters overbought territory to manage risk. 📉 Short Position Trigger Currently, I’m not planning any short positions. If 12.476 faces a fake breakout and reverses, I’ll look for short setups in lower timeframes using a fake breakout strategy. 📝 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
16
Here’s an analysis of the APEUSDT 4-hour chartKey Observations: 1. Current Price: • APE is trading at $1.3700 with a slight upward movement of +1.40%. 2. Resistance and Target Levels: • There is a marked resistance zone around $1.5893, which aligns with a potential take-profit (TP) level. This zone represents a 12.91% potential upside from the current price. • Another significant resistance level can be seen at $1.7596 and $2.0245 if the price continues its upward trajectory. 3. Support Levels: • Key support levels are visible at: • $1.3180 (32.80% Fibonacci retracement) • $1.2785 (50% Fibonacci retracement) • $1.2570 and $1.2184 below that, aligning with lower Fibonacci levels. 4. Potential Scenarios: • The price could either continue to climb towards the $1.5893 level or experience a pullback to the support zone around $1.3180 - $1.2785 before resuming its upward movement. • A white upward arrow shows the anticipated price path, suggesting a possible retest of lower levels before continuing the uptrend.
Short
by tradexict
Explains how price interacts with Fibonacci areas and identifies—— We look from another strategic perspective at different aspects of (development) of technical analysis, and the practical search for progress; So what is useful!!! We may touch on the (Fibonacci) tool and its definition in drawing the price trend, where the price chose the boundaries of the Fibonacci areas, where the first test was in the (0.80) degree measurement and in a second process, from the (0.75) measurement, after which it broke through and began building the new trend, where the price can expect to rise to $2720 and touch the descending inclined line and the resistance line, From now on we are sure to learn about how to take the deal by following two possibilities, which is that the price can break the first inclined line, so we will wait and put more time, then we look for confirmation by the price passing to the second ascending inclined line, so at this stage it is considered that the price tested the ascending inclined line, several times, so we can say that we have achieved greater benefit in how to exploit the market and seize it
ICMARKETS:XAUUSDLong
by chihaaymen
Nasdaq-100 Wave Analysis 6 January 2025 - Nasdaq-100 reversed up from support zone - Likely to rise to resistance level 21855.00 Nasdaq-100 index recently reversed up from the support zone located at the intersection of the support level 20820.00 (low of the previous minor correction 2), support trendline of the daily up channel from September, 61.8% Fibonacci correction of the upward impulse from October and the lower daily Bollinger Band. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Morning Star, which has the daily Hammer as its middle candle. Given the clear daily uptrend, Nasdaq-100 index can be expected to rise to the next resistance level 21855.00 (which formed the daily Evening Star last month).
NASDAQ:NDXLong
by FxProGlobal
DOT 1hr with TA by GrokAI Given the chart provided and your interest in cryptocurrency trading, here's an in-depth technical analysis (TA) of the DOT/USDT chart: Price Action & Trend: The price is currently near a resistance level around 7,732 USDT. This level has been tested multiple times, indicating strong resistance. There's a visible uptrend before hitting this resistance, suggesting bullish momentum leading up to this point. Moving Averages (MA): The 20-period SMA (Simple Moving Average) is above the 50-period SMA, which is typically a bullish sign, indicating short-term momentum is stronger than the long-term trend. The price has crossed below the 20-period SMA, which might suggest a potential reversal or correction phase if the resistance at 7,732 holds. Volume: There's a noticeable increase in volume at the resistance level, which could indicate either a strong push to break through or a rejection at this price level. Relative Strength Index (RSI): The RSI is approaching overbought territory but hasn't crossed into it yet. This suggests that while the asset is gaining strength, it's not yet at a level where a significant pullback is imminent due to overbought conditions. Chande Momentum Oscillator (CMO): The CMO shows momentum is positive but has started to decline, which could be early signs of weakening bullish momentum. Fibonacci Retracement: If we consider the recent uptrend from the low around 7,112 to the high at 7,732, the Fibonacci levels could be: 23.6% at around 7,270 38.2% at around 7,380 50% at around 7,422 (which is also a psychological level) 61.8% at around 7,464 These levels could act as support if the price pulls back from the current resistance. Support and Resistance: Immediate support could be found around the 20-period SMA, which is currently around 7,700 and descending. Stronger support might be around the 50-period SMA, which is lower, around 7,650. Potential Scenarios: Bullish Scenario: If the price breaks above the 7,732 resistance with strong volume, it could target the next psychological level around 7,800 or higher. Bearish Scenario: If the price fails to break the resistance and volume decreases, we might see a correction towards the Fibonacci levels or the moving averages. Given your interest in cryptocurrencies and previous posts about market movements, it's crucial to watch for confirmation of a breakout or breakdown. If you're looking to make a decision based on this chart: For Long Positions: Consider waiting for a confirmed breakout above 7,732 with increased volume for a safer entry point. For Short Positions: Look for a failure to break the resistance followed by a decrease in volume and price action confirming a move lower. Always remember to use stop-loss orders to manage risk, especially in markets known for volatility like cryptocurrencies.
Long
by jasonciviello
IWM | Incoming Bull Run | LONGiShares Russell 2000 ETF seeks to track the investment results of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the U.S. equity market. The fund generally invests at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index (i.e., depositary receipts representing securities of the underlying index) and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.
AMEX:IWMLong
by DivergenceSeeker
3
What goals for ZEUS?Hi everyone, let's look at the 1D ZEUS to USDT chart, as we can see the price is moving in a local uptrend channel, where there is still potential for growth. However, here it is worth looking at the RSI indicator, which clearly indicates the crossing of the upper limit and the level at which the price usually reacted with a correction, which may indicate a potential change in the direction of the movement. In such a situation, it is worth starting by setting a stop-loss in case the market decides to go into a downtrend: SL1 = 0.904 USD SL2 = 0.839 USD SL3 = 0.733 USD SL4 = 0.661 USD SL5 = 0.571 USD However, if the market decides to go further up in such a situation, we have clear goals for the near future, which the price must face: T1 = 1.016 USD T2 = 1.141 USD T3 = 1.274 USD T4 = 1.499 USD
by cryptodailyuk
GBPAUD Selling Trading IdeaHello Traders In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET today GBP/AUD analysis 👆 🟢This Chart includes_ (GBP/AUD market update) 🟢What is The Next Opportunity on GBP/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
1