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Fibonaccianalysis

Invest in Bitcoin: Analyzing Market with Fibonacci PitchforkAre you considering investing in Bitcoin but unsure of the best time to do so? The past few years have seen a bear market for cryptocurrency, but it's important to remember that markets are cyclical and that prices will likely rise again. One of the best tools to analyze market trends and predict future price movements is the Fibonacci Pitchfork. This tool uses trendlines to identify support and resistance levels and can also be used to project future price movements. According to the Fibonacci Pitchfork, we are currently in the bottom territory of the trend for Bitcoin, which suggests that now may be the perfect time to invest. There is potential for significant price appreciation in the coming months. If you're willing to hold for the long term, this could be an excellent opportunity to get in at a low price. Don't miss out on the potential for significant returns on your investment. Best of luck.
BNC:BLXLong
by Majnoonu
RBLBANK // Ready to Breakout www.tradingview.com RBLBANK: After a long consolidation, it has made a Cup & handle pattern which depicts the Bullish Breakout. The Fibonacci Extension as well as Fibonacci Retracement has superimposed and making a confluence to the prediction. If you could see the volume as well on the same Daily timeframe chart, it is continuously increasing everyday which suggest a huge interest in bulls. The first target will be 280 and the next target will be 300.
NSE:RBLBANKLong
by Stox_Ware
$DHI Supercycle Nearing CompletionThe stock is expected to complete its final move to Wave 5 of (V) before undergoing a significant correction, constituting a substantial correction in my view. My extended target for the upward trend is $143, with plans to consider short positions thereafter. The recent upward movement appears to be forming a rising wedge, adding to the overall wedgy appearance. The RSI shows a substantial bearish divergence since the completion of Wave III, signaling that Wave V is still underway. While the situation evolves, my current stance is to maintain a long position.
NYSE:DHIShort
by nomadhedge
2
$AUDUSD Bullish Momentum LONG The current outlook for AUDUSD reveals a compelling narrative of bullish consolidation in the short term. As outlined in the provided chart, the pair exhibits patterns indicative of a bullish stance, suggesting a period of strategic accumulation. Technical Indicators: Candlestick Patterns: Noteworthy bullish candlestick patterns, as illustrated, underline the market sentiment favoring the upside. Moving Averages: The alignment of moving averages supports the notion of a consolidative phase, emphasizing the potential for an upward breakout. Fibonacci Levels: Key Fibonacci retracement levels coincide with areas of consolidation, adding confluence to the bullish scenario. Quantum Probability Indicator: Intriguingly, our proprietary quantum probability indicator provides a unique dimension to this analysis. It discerns a notable buildup of buying pressure, reinforcing the bullish sentiment observed in the technical patterns. This indicator serves as a valuable complement, enhancing the overall confidence in the potential bullish trajectory. w.aritas.io Trade Considerations: Entry Point: A strategic entry point within the consolidation zone, following confirmation of the bullish bias, is advisable. Take Profit (TP): Set conservative take-profit levels in alignment with key resistance zones or use a dynamic approach based on subsequent price action. Stop Loss (SL): Implement a disciplined risk management strategy with a well-defined stop-loss, considering the recent support levels and volatility metrics. Market Context: Macro-level considerations, such as interest rate differentials, economic data releases, and geopolitical factors, should be monitored. Additionally, any developments in global risk sentiment may impact the AUDUSD pair. Conclusion: In conclusion, the AUDUSD pair presents an intriguing opportunity for traders, with a bullish consolidation pattern supported by technical indicators and reinforced by our quantum probability indicator. While opportunities exist, prudent risk management and ongoing market monitoring are essential components of a successful trading strategy. Disclaimer: Trading involves risk, and it is advisable to conduct thorough personal research and seek professional advice before making any trading decisions.
Long
by wikitrades
2
🔥 Bitcoin Fibonacci Analysis Predicting HUGE Pump & Top In this analysis I want to take a look at last cycle's pre-halving year (2019) pump, which took us from 3.100$ to 14.000$, and compare it to this cycles pre-halving year pump (2023). Since we're only looking at a single indicator this analysis should be taken with a grain of salt, but it's useful to compare the current market to last cycle's market for the simple reason that market's often rhyme. In 2019, Bitcoin rallied all the way towards the 0.618 Fibonacci retracement, which was also the yearly high. If we look at the current cycle, the 0.618 Fibonacci retracement is placed around 48.500$. Interestingly enough, 48.500$ is around the same area as the 2022 yearly high of March 2022. Assuming that the analysis will hold and that BTC will again rally towards the 0.618 Fibonacci retracement, we could assume that the yearly high is placed around the 48.500$ area, which is interestingly enough also the next area of long-term resistance. Pump to 48.500 and then dump? Who knows. All we can say now is that BTC looks great and there's likely no reason to worry in the short-term. What is your prediction for the next few months? Bitcoin at 48.5k, or even higher maybe? Share your thoughts. 🙏
Long
by FieryTrading
22
Cardano Weekly ChartADA/USDT Fibonacci Support/Resistance Levels. ............................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
Bitcoin 4H RSI OVERBOUGHT BEARISH DIVERGENCEBitcoin Price Analysis: As of the latest available data, Bitcoin (BTC) has reached a local high at $35,280. This level has acted as a significant resistance point in the recent price history. If Bitcoin is unable to break above this resistance, it could potentially signify a short-term top. This is an important level to watch as it may signal a reversal or consolidation in the price movement. 4-Hour RSI Overbought Bearish Divergence: The 4-hour RSI is a technical indicator that measures the momentum of the price. An RSI value above 70 is often considered overbought, indicating that the asset might be due for a pullback or correction. However, it's important to note that overbought conditions can persist in strong bullish trends. The bearish divergence occurs when the price makes a higher high, while the RSI makes a lower high. This can be a sign that the current uptrend is losing momentum, and a reversal might be on the horizon. Given the combination of the price reaching a significant resistance level and the 4-hour RSI showing signs of overbought bearish divergence, traders should exercise caution and consider potential short-term downside risk. This does not necessarily mean that a major trend reversal is imminent, but it could indicate that a pullback or consolidation phase may be in store.
by sailortrades
Bitcoin: All Fibonacci Schematics-This concept overall is called Fibonacci Clustering , which is laying over many different Fib Schematics on each-other... -I have combined 7 of my greatest Bitcoin Schematics into this one complete idea. -These Fibonacci Clustered charts have been battle tested for months. I have linked the original ideas down below to show how I first created these (by myself). - The first box is a monthly timeframe with the longest fib circles from each halving , so there are two circles . --VERY IMPORTANT-- THE FIBONACCI EXTENSIONS ON #1 ARE HIGHLIGHTED AS WHITE HORIZONTAL LINES . WE FRONTAN 70K AND RETREATED BACK TO 15K . GIVEN THIS MONTHLY PATTERN OF A FRONTRUN AND RETURN TO THE MEAN WE CAN EXPECT TO FULLY TAKE 70K AND THEN SOME BASED SOLEY ON THE FRONTRUNNING OF 70K.... -There is also the longest/earliest Fibonacci Extension in the 1st box. This is why it is a Monthly. -The second and third box are the 2 most prominent weekly schematics for Bitcoin . They are separate boxes but work together simultaneously. -Since they are created after #1, it makes sense to make them weeklies. But if I were to place them all into Monthly timeframes or visa versa, it would work either way ... If you click on "The Bitcoin Matrix" linked below, you'll notice that the Spikes in this idea are from #1 #2 and #3 in that one...
CRYPTO:BTCUSDLong
by MichaelBsul
1
#Nikkei buying opportunitHello, traders and friends. I hope you all doing well. Let's delve into NIKKEI chart and explore why we believe there may be a potential Buying opportunity. The three-wave bearish corrective nature of this downward leg, following a bullish impulsive wave we observed on the chart, suggests the possibility of another bullish move, potentially testing at least the upper boundary of our longer-term bearish trendline channel. Supportive confluences that we have observed include the inner trendline, which has acted as both resistance and support multiple times, indicating traders' awareness of its significance. Additionally, the price has reached a static support line and a demand area from above, both of which serve as important support levels. Furthermore, the price retraced around 50% of the Fibonacci level of the last bullish move. Additionally, we've observed the formation of a 4-hour bullish engulfing candle, which can be seen as a trigger for this potential buying setup. If you have found this analysis helpful, please take a moment to leave a like and a comment or share your idea with me.
SPREADEX:NIKKEILong
by mohemati
1
XAUUSD_13 Oct 2023_Several Reasons to Seek a Sales PositionThis analysis uses daily timeframe , and here are some reasons to support seeking a sales position: 1. Currently XAUUSD in bearish position 2. The price in bearish resistance 3. The price also in fibonacci retracement area 78.6 4. The price has the potential to develop a pattern AB=CD So, we can wait to seek a sale position like waiting for bearish candlestick pattern. Notes: This is not a recomendation to buy or sale, this is my own analysis. So, all all responsibility is yours. Thank you.
OANDA:XAUUSDShort
by moca_nomic
ACH-1188%?I posted a chart idea for ACH previously. ACH seemed to have a recent fakeout from the white trendline, and it looks like price will still have more to retrace. This is just a prediction, but I believe ACH will retrace to the .786 area( a bit past that, more than likely to the 1.618 of the rising wedge), form a mini accumulation zone and breakout. IF price breaks from this area to the 1.618 extension, that would be a 1188% return. This is not financial advice, just a prediction.
KRAKEN:ACHUSDLong
by OPT1565
What is Support & Resistance (S&R)? What Types of S&R?Support & Resistance (S&R) is one of the basic topics that we need to know in trading, whether trading forex, shares or cryptocurrency. Support & Resistance can show the upper and lower limits of price movement in a certain time. *) Resistance is the upper limit to limit prices from rising further. *) Support is the lower limit to limit prices from falling further. The market moves because of differences in demand and supply. When demand is greater the price will rise, if the supply is greater the price will move down. Types of Support & Resistance: 1. Classic S&R The way to determine S&R in Classic S&R is using previous swing high and swing low as referece (picture no.1) The advantage of using this method is we can know previous S&R and we can use that as our reference to determine target profit, or stop loss area. The weakness of using classic S&R is when the price break S&R we don’t know the next S/R 2. Dynamic S&R The way to determine Dynamic S&R is using moving average. We determine high point & low point when price touch moving average diagonal line. (picture no.2) 4. Harmonic S&R Harmonic S&R Is useful to determine S&R when price in all time high. The weakness of Classic S&R is when the price break S&R we don’t know the next S&R, because of that we use Harmonic S&R to analyze the next target profit or loss area. We use Fibonacci methode (picture no.3) to determine S&R How we know this is a strong S/R or not? That is a strong S/R when the price touch the S/R area and the price have a strong movement. Function of Support & Resistance Support & Resistance makes us know if this area can be a price target area, so we understand if the price doesn’t always go up or down, so we must to take profit and we have to put a stop loss. In stock market activity, support & resistance prices indicate certain psychological levels, like: *) Support is the level where people buy shares at the lowest price and make a profit when the price rises. *) Resistance is the level where people have bought shares at the highest price and experienced losses because the price fell. That activity becomes a repeating pattern. People tend to buy at the support price because they know the price will rise and when the price is almost or already in the resistance area they will sell. In the Forex market, we can have 2 positions in the same time, So when the price is at the support we can make a purchase, and when the price is at resistance we can sell the previous position and in the resistance area we can also look for a selling position with a profit target in the previous support area and a stop loss area above the resistance area, because if price breaks through the resistance, price will continue to rise and create a new resistance. Notes: 1. The source of this writing comes from several ideas that I have read, heard, or experienced personally. So if those of you reading this post & feel this is your idea, Please allow me to share again, because maybe I also learn from you. 2. The topic of Fibonacci and Moving Average will be discussed at another time Thank You. 28 Sep 2023
BINANCE:BTCUSDEducation
by moca_nomic