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Fibonaccianalysis

[08/11] Beast Trading _ Today's Bitcoin Perspective Beast Trading _ Today's Bitcoin Perspective Recently, if Bitcoin continues to set a short-term trend, it continues to move in that direction. Currently, it is such a trend, but yesterday's CPI announcement showed 8.5 which is lower than the expected 8.7, resulting in a strong rise with a huge trading volume along with NASDAQ. Looking at the overall wave, the C wave ends briefly at 22.6k, where the bottom line of the large parallel channel meets, and the adjustment of the increase from 20.7k to 24.7k has ended, and it seems that a new upward trend has begun. So, for now, we're expecting 24.7k (high point) to break through, and we're looking forward to 26-27 lines. As Bitcoin rises as the dominion decreases, there is a possibility that alt coin pumping will start. The resistance hanging above is currently 24.5 to 24.6k with a downward trend from 32k, with a full-point resistance of 24.7k and a peripheral channel break of 25k. Entering the short position will not be a good choice for profit and loss because there are not many sales stands above if it breaks the overall high point. I hope you get good results today!
Long
by BeastTrading_Sehyun
3
NDXZooming out, NDX looks strong, as per EW rules the 5th wave must match the 1st wave in both time and %. That said fomo can obviously send the 5th much higher and also terminate the trend earlier. But for now in respect to the fact that EW is not a crystal ball , I would say that since I am counting the 4th wave finished on the week June 13th 2022 the bulls have until July 2023 to finish the 5th wave at my projected target of 18,600. (not accounting for any Fomo) Also I expect a correction soon back to 12,300 or there about to make the LTF daily chart W2.
TVC:NDQLong
by Big_Mike716
Daily BNB SHORT review 1HHello everyone, let's take a look at the 1H BNB to USDT chart as you can see the price is trying to come out of the local downtrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 322 T2 - $ 325 T3 - $ 328 T4 - $ 332 and T5 - $ 338 Now let's move on to the stop loss in case of further market declines: SL1 - $ 316 SL2 - $ 313 SL3 - $ 310 SL4 - $ 308 and SL5 - $ 304 Looking at the CHOP indicator, we can see that in the 1H range the energy slowly starts to rise, while the MACD indicator shows a local upward trend.
Short
by cryptodailyuk
MATIC/USDT - Targets and StoplossHello everyone, let's take a look at the 1H MATIC to USDT chart as you can see the price has dropped below the local uptrend channel. Let's start by setting goals for the near future that we can consider: T1 = $ 0.8937 T2 = $ 0.9083 T3 = $ 0.9201 T4 = $ 0.9345 T5 = $ 0.9529 and T6 = $ 0.9737 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.8634 SL2 = $ 0.8510 SL3 = $ 0.8412 SL4 = $ 0.8307 SL5 = $ 0.8168 and SL6 = $ 0.7988 Looking at the CHOP indicator, we can see that in the 1H band the energy has been used for the current price decline, and the MACD indicator confirms the local downward trend.
MShort
by cryptodailyuk
2
Daily review of BTC interval 1HHello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price has dropped below the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,823, if the support breaks down, the next support is $ 22,615 and $ 22,451. Now let's move from the resistance line as you can see the first resistance is $ 23,174, if you can break it the next resistance will be $ 23,375, $ 23,535, $ 23,701 and $ 23,939. Looking at the CHOP indicator, we can see that in the 1-hour interval the energy has been used and the MACD indicator confirms the local downward trend.
by cryptodailyuk
2
SHIB / USDT on 1Day IntervalHi everyone, Let's take a look at the SHIBUSDT chart on the 1 day time frame. As you can see, we are moving in the downtrend channel marked with yellow lines. It is worth setting a support zone from which the SHIB price has rebounded, and 3 important resistance zones that the price has in front of it. We are currently fighting the first one from $ 0.00001245 to $ 0.00001567. However, it should be taken into account that in order to break the first resistance zone, we have to leave the downward channel upwards and change the trend in the long term. The CHOP indicator shows that we are starting to gain more and more energy and the MACD indicator shows a local upward trend.
by cryptodailyuk
XRP at the top of the support zone!Hello, we are reviewing the XRP to USDT chart on a 1 day time frame looking at the long term. It is worth designating two channels, the yellow lines for the uptrend channel and the blue lines for the downtrend channel in which we are currently. A price behavior that moves from the bottom to the top of the channel can be used for short-term licks. It is worth noting that we are currently in the lower part of the channel and in the support zone. Looking at the price of XRP in the long term, it is worth setting two resistance zones that we must overcome in the future, the first is from $ 0.682 to $ 0.947, while the second is from $ 1.33 to $ 1.62. Let us pay attention to the CHOP indicator which indicates that on the 1-day interval we are starting to regain energy, and the MACD indicator shows that the blue line has crossed the red one from the bottom, which confirms the local upward trend.
by cryptodailyuk
3
TEVA - Double Bottom?TEVA has been a repair story now for many years. With litigation in the process of being resolved, debt burdens of $2 bn. per year appear manageable with cash flow - TEVA is moving away from a debt/litigation story to an equity story. Cash Flow of $3bn + per year, Net Income of ~ 2bn.+.... warrant a blended Intrinsic Value of ~ $22 per share. TEVA's technicals show a textbook double bottom with positive divergence. Reverting to trends and fibonacci levels confirm $22 target.
NYSE:TEVALong
by The-Trend-is-the-Friend
2
DOGE / USDT 1D IntervalHello everyone, let's take a look at the 1D DOGE to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 0.06989 T2 = $ 0.07095 T3 = $ 0.07269 and T4 = $ 0.07477 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.06891 SL2 = $ 0.06819 SL3 = $ 0.06747 SL4 = $ 0.06633 SL5 = $ 0.06507 and SL6 = $ 0.06117 Looking at the CHOP indicator, we can see that in the 1-day range we have a lot of energy and the MACD indicator shows a local upward trend.
by cryptodailyuk
1
ETH collects a lot of energy on a 1-day intervalHello everyone, let's take a look at the ETH to USDT 1 day chart as we can see price movements in the upward channel denoted by the yellow lines. It is worth designating two support zones that the price has in the event of a correction, and as you can see, the first zone is $ 1,570 to $ 1,442, but if the next zone is broken, the next zone is $ 1,224 to $ 1,070. Now let's move on to the resistance that ETH has in front of it. In this case, we can also designate two zones, the first of which is in the range from $ 1,913 to $ 2,235, while the second is in the range of $ 2,564 - $ 3,012. Note the CHOP indicator, which shows that we still have a lot of energy for the next price move in the 1-day range, and the MACD indicator shows that we are in a local downtrend.
by cryptodailyuk
Vertical areas of accumulation identified by trend-based fib timMonthly sorting time scale Extension of Fibonacci based on the first pulse of 2010 2011 Trend-based fib time extensions based on the time elapsed between the first and second halving It is impressive to see how reliable Fibonacci extensions based on the first bullish movement of 11 years ago are still relevant and accurate, and they have been throughout the evolution of the Bitcoin price Vertical extensions it shows that twice in the past the zone between 0.618 and 0.786 have been areas of accumulation, we have just entered the third and if this is confirmed it will be interesting to observe this new dynamic in the future Note that the tenkan and the SSA of the ichimoku cloud that is just beginning to form Signal a strong support at $10,000, while the cloud continues to form bullish supports until 2028, the year of the 5th halving
INDEX:BTCUSDLong
by urbantech
Daily BTCUSDT reviewHello everyone, let's take a look at the BTC to USDT chart over the 1 day timeframe as we are seeing movements in the local uptrend channel. Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,696, if the support breaks down, the next support is $ 22,243 and $ 21,520. Now let's move from the resistance line as the first resistance is $ 23,255, if you can break it the next resistance will be $ 23,512, $ 23,796 and $ 24,212. Looking at the CHOP indicator we can see that on the 1 day timeframe the CHOP indicator shows that we still have a lot of energy and the MACD indicator shows a downward trend in line with the price movement.
by cryptodailyuk
UNFIUSDT Ranges and Value Areas to Trade TodayBYBIT:UNFIUSDT BINANCE:UNFIUSDT UNFI has been trading in a range for the last few days and I show you where to take potential trades. This asset can be extremely volatile, so trade with caution, but if you find yourself in a move in the right direction, a quick scalp trade could turn into a beautiful swing trade!! Not Financial Advice. DYOR. Papertrade before trading with real money. If you liked this idea, please give it a thumbs up and follow. Comment on how you are trading BTC right now. Safe trading! Shawn
U
by zartraderguy
5
$EVER Is EverQuote About to quote higher prices?Traders, Like majority of the stocks in this market cap category there is an M pattern which has been completed. This means that we now have a bullish bias on this stock. A trend line has been broken and retested successfully which means that this stock price is ready to go higher. As the overall market is taking a little recovery (upside correction so far), this can be a good opportunity however I would rate this as a speculative buy. The set up looks good from the technical analysis perspective.
NASDAQ:EVERLong
by vikinsa
Daily BTC SHORT reviewHello everyone, let's take a look at the BTC to USDT chart on a 15 minute time frame. As you can see, the price is moving in the local downward channel. Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,573, if the support breaks down, the next support is $ 22,552, $ 22,528 and $ 22,495. Now let's move from the resistance line as you can see the first resistance is $ 22,652, if you can break it the next resistance will be $ 22,713 and $ 22,777. Looking at the CHOP indicator, we can see that in the 15-minute interval almost all energy has been used and the MACD indicator confirms the local downward trend.
by cryptodailyuk
4