Get started

Fibonacci

OM | MANTRA | Bullish Cycle OVER?MANTRA has made leaps and strides towards a new ATH, whilst the rets of the market was trading lower for the past few weeks. But it seems the buying pressure has run out, if we take a look at the technical indicators. Interestingly enough, if we take a look at OM through the Weekly timeframe and we pull up the Fibonacci extension, the current cycle ended at exactly 2.618 - a significant marker in the Fib zones. It is said that, after reaching 2.618, a retracement to 0.786 is probable. This would put us roughly at the major previous resistance zone before the ATH breakout: The Moving Averages is another great place to watch for possible bounce zones: After this correction (which could go even lower) the price could potentially bounce back, as it gears up for a new ATH. I'd be looking to buy from the 0.786 and lower, possibly as low as the $2 mark. ________________________ OKX:OMUSDT
Short
by CryptoCheck-
Practical analysis of gold price technical indicatorsContinue to share real-time trading signals and lead brothers to achieve higher returns. Busy investors can pay attention here. I will continue to release some effective trading plans. If you want to get stable trading opportunities, you can leave me a message. So in the short term, you can still try to short gold again. I have already shorted gold near 2025-2935. The target is 2918-2908 area. Wish us good luck! Brothers, have you followed me to short gold? At present, the price of gold fluctuates narrowly around 2923. There is no major news to boost or suppress the price of gold in the short term. From the trend, it is obvious that the rebound of gold is not enough to support the continuation of the rebound and breakthrough of gold. Therefore, after consuming a certain amount of bullish power, the bears will regain control of the situation. Want to get continuous and stable real-time trading opportunities to recover losses? Join me at the bottom of the article information.
OANDA:XAUUSDShort
by TP_Daniel
Bitcoin - What's next for BTC?The BTC chart illustrates a recent bearish trend culminating in the current price approaching a significant area denoted as the "imbalance zone" (highlighted in blue). This zone is critical in determining the short-term trajectory of BTC. Within this zone lies the golden pocket, which is the area between the 0.618 and 0.65 Fibonacci retracement levels. This confluence of the imbalance zone and the golden pocket creates a strong decision point for the price. Detailed Scenario Breakdown: Scenario 1: Bullish Breakout - Clearing the Imbalance Breakout Confirmation: For a bullish breakout to be confirmed, the price would need to decisively break and close above the upper boundary of the imbalance zone, ideally with strong volume. A sustained move above this zone would suggest that the selling pressure has been absorbed and that buyers are stepping in. Potential Catalysts: This breakout could be triggered by positive news flow (e.g., favorable regulatory developments, increased institutional adoption), a shift in market sentiment, or simply the exhaustion of sellers. Upside Targets: The green arrow illustrates a potential upward trajectory post-breakout. The Fibonacci levels above (0.786, 1) could act as potential resistance levels and targets for bullish traders. The 1.382 Fibonacci level is marked above, which could be a potential extended target if the bullish momentum is particularly strong. Invalidation: The bullish scenario would be invalidated if the price fails to sustain the breakout above the imbalance zone and falls back into the zone. Scenario 2: Bearish Rejection - The Golden Pocket Hold Resistance Confirmation: The analyst anticipates a higher probability of BTC facing strong resistance within the imbalance zone, particularly due to the presence of the golden pocket (0.618-0.65 Fibonacci levels). This area often acts as a significant psychological barrier for price. Rationale: The golden pocket represents an area where many traders look to enter short positions or take profits on long positions. This creates a supply zone that can halt upward momentum. Potential Catalysts: Negative news, profit taking after a short-term bounce, or simply the prevailing bearish sentiment could trigger a rejection at this level. Downside Targets: The green arrow on the chart shows a potential path lower if the price rejects the golden pocket. The next key support levels to watch would be previous lows and the 0.5 and 0.382 Fibonacci levels below. The "0" level (the starting point of the Fibonacci retracement) would be a significant downside target. A break below that could target the -0.236 Fibonacci level. Invalidation: This bearish scenario would be less likely if the price quickly moved through the imbalance zone without significant consolidation or rejection. Additional Considerations: Volume Analysis: Closely monitoring volume is crucial. A breakout with increasing volume lends more credence to the bullish scenario. Conversely, high volume on a rejection would reinforce the bearish outlook. Market Sentiment: Overall market sentiment and the performance of other cryptocurrencies can influence BTC's price action. Confirmation is Key: It's vital to wait for confirmation of either scenario before making trading decisions. A breakout or rejection should be confirmed by price action and volume. In conclusion, the analysis highlights a critical decision zone for BTC. Whether it breaks above the imbalance zone and golden pocket or gets rejected will likely dictate its short-term direction. Monitoring price action, volume, and market sentiment is crucial for making informed trading decisions. __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
KRAKEN:BTCUSDShort
by TehThomas
15
IXIC Resistance Levels (Potential Selling Zones): 18,480 – 18,590: Immediate resistance at the 0.382 Fibonacci retracement (18,480) and the session high of 18,589.49. 19,140: Stronger resistance (horizontal level and 0.236 Fib), though likely out of range for next week unless a sharp rally occurs. Support Levels (Potential Buying Zones): 17,930 – 17,945: Critical support combining the 0.5 Fibonacci level (17,945) and the horizontal line at 17,931.91. 17,410: Next support at the 0.618 Fibonacci retracement (17,411). 17,000: Psychological support level (round number). Key Notes: The index closed at 18,285.16 (down 0.35%), suggesting bearish pressure in the short term. A break above 18,590 could signal bullish momentum, while a drop below 17,930 may trigger further downside toward 17,410.
NASDAQ:IXIC
by famousFinance54964
GOLD → Consolidation v. 2921. Ready for a breakthroughFX:XAUUSD continues to strengthen on the background of growing economic risks and also on the background of aggressive fall of dollar. The metal is at resistance at 2921 and is preparing to go even higher.... The dollar breaks the bullish structure on the background of comments of the U.S. Ministry of Finance on the reduction of rates. The verbal intervention as manipulation is affecting the markets quite aggressively. Further decline in gold is unlikely due to trade war risks and expectations of soft Fed policy.Additional impetus to gold may be given by weak ADP employment data and PMI data Gold has two important liquidity zones. 2913 and 2903, the closest area has already been tested (liquidity zone reached) and now all eyes are on 2920.7. If it holds, gold will return to 2913-2903 support, if resistance is broken, momentum will be formed. Resistance levels: 2920.66, 2942, 2954 Support levels: 2913, 2903, (0.5) fibo) Gold is testing 2913.34 at the moment, a rebound is forming due to the liquidity collected. In the short term, the focus is on 2920.7. Breaking the level and fixing the price above the trigger will most likely provoke the continuation of growth to 2942-2954 Regards R. Linda!
FX:XAUUSDLong
by RLinda
6
Bitcoin - Dump and Pump | Crypto resurrected - next 125,000 USDLast week Bitcoin and the whole crypto market dumped like crazy, but on Sunday at the start of March, the crypto market was resurrected from the abyss! After Trump's post, the crypto market pumped in a very short period of time. But let's take a look at the technicals. The price dropped below the rectangular range but then pumped back into the range. What does it tell us? Usually, what we want to see is a breakdown of the range, retest, and continuation to the downside. In this case, the price failed to retest the range and instead went back to the range, which is a sign of strength. Currently, we want to look for a good price to buy BTC for the final stage of the bull cycle. I expect this bullish cycle to end in Q3 2025, around September. The price of Bitcoin is inside this huge ascending parallel channel on the daily chart, and as long as this channel holds, we have to be bullish. Let's take a look also at the weekly timeframe. What we can see here is a bullish hammer with an extremely long wick (reversal candle). The price also got rejected from the 20-weekly moving average. Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. 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!
Long
by Xanrox
99
CAKEUSDT → False breakout of resistance. Return to the trendBINANCE:CAKEUSDT is forming a false breakdown of key resistance as part of a bullish rally. Further altcoin decline may be influenced by bitcoin's decline, the flagship looks rather weak Technically, the move in Cake looks like a counter-trend maneuver to gather liquidity before a further, possible fall. The altcoin market is weak and most coins continue to look for a bottom, while bitcoin is consolidating but with a hint of a decline to 91-90K. CAKEUSDT is focusing on 2.6144 - 2.7288. If the bears keep the price below these zones, the coin could head down in the short to medium term Resistance levels: 2.6144, 2.7288, 2.2964 Support levels: 2.420, 2.0634 Statistically, a false breakdown provokes the strongest movements, often even trend changes. In this case, it is a counter-trend movement and if the price reverses locally, the coin will be under the pressure of the trend again. A price fixing below 2.6144 may strengthen the fall to 2.42, 2.06, 1.04. Regards R. Linda!
Short
by RLinda
11
GBPUSD → Correction before bullish trend continuationFX:GBPUSD has been rising for the last month and a half as the market sentiment and the behavior of the dollar, which is gradually updating lows. The tariff war by trump is just in full swing. The dollar continues its correction on the back of US politics as well as inflation data. GBPUSD at this time is trading in the bullish zone, above the support at 1.262 - 1.2576. Thus, within the framework of the correction, which has been observed since the opening of the European session, the price may test the liquidity area before further growth. Resistance levels: 1.2718, 1.2678 Support levels: 1.262, 1.2576 The local trend is bullish and the price is forming a local correction. In this case, it is worth looking for strong support zones with the purpose of rebound and continuation of growth. Targets in this case are intermediate highs: 1.2718, 1.2811 Regards R. Linda!
Long
by RLinda
1
Himatsingka Seide Ltd: Ready for a Turnaround?🚀 Himatsingka Seide Ltd: Ready for a Turnaround? 🚀 Current Market Price: 193 Stop Loss: 175 Targets: 215, 255, 288, 306 Why Himatsingka Seide? Rounding Bottom Breakout: A technical setup indicating potential for significant upside. Institutional Confidence: Noticeable increase in FII and DII holdings in the last quarter signals strong interest. Strategy: Follow Risk Management: Stick to the stop loss at 175. Pyramiding Opportunity: Add positions gradually as the stock moves up. Key Level: Sustained movement above 306 could open doors for a bigger rally. 📈 Outlook: With the right risk management, Himatsingka Seide Ltd could be poised for an exciting turnaround. 📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. #HimatsingkaSeide #TurnaroundStock #TechnicalBreakout #InvestmentOpportunities #MarketAnalysis
NSE:HIMATSEIDELong
by satyam15
AARTI INDUSTRIES : Potential Bounce From Long Term Support!!🚀 Aarti Industries: Potential Bounce from Long-Term Support! 🚀 📍 CMP: ₹466 📉 Stop Loss: ₹385 🎯 Target: ₹530 | ₹660 🔹 Key Insights: ✅ Fibonacci Support at 61.8% on the long-term chart. ✅ Sector Strength: Specialty chemicals & CDMO sector showing positive momentum. ✅ Strategy: Staggered entry to manage risk in a volatile market. ✅ Long-Term Swing Trade: Positioning for monthly gains. ⚠️ Risk Management: Stop loss is big—strict discipline is key! 📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. #AartiIndustries #TechnicalAnalysis #SwingTrading #InvestmentOpportunities #FibonacciSupport #SpecialtyChemicals
NSE:AARTIINDLong
by satyam15