Cyber Monday saleUp to 70% OFF

Fibonacci Extension

LTC 1DInterwal Rewiew - Long-TermI invite you to review the LTC chart on a single day interval. As we can see, the price stayed above the uptrend line, and including the corss 50 and 200 emas, we see confirmation of the uptrend. Let's start by marking the support spots for the price and we see that first we have a support zone that starts at $97 and ends at $876, however if the price goes lower, the next very strong zone is from $68 to $56. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price bounced off a very strong resistance at $114, only when it breaks it and positively tests it will move towards the resistance at $134. The CHOP index indicates that the energy has been consumed, the MACD indicates that the uptrend is maintained, while the RSI rebounded from the upper limit of the range, which confirms the initiated price correction.
by cryptodailyuk
DOT 4Hinterval ReviewAs the third, we will check the DOT chart on the four-hour interval. As we can see, the price is above the uptrend line marked in yellow. Let's start by marking the price support spots and we see that we first have support at $4.84 but if the price goes lower then we have another support at $4.72 and then we have a very strong support zone at $4.60 $ to $4.42. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that currently DOT does not have enough strength to break the resistance zone from $5.04 to $5.27, but when this happens, we have another very strong resistance at $5.56, only after a positive test of this resistance we will be able to see a further price increase. When we turn on the EMA Cross 200, we will see an attempt to return the price to a strong uptrend, but at the moment the price is fighting to maintain this trend. The CHOP index indicates that there is still a lot of energy to be used, the MACD indicates a return to the local downtrend, while the RSI is in the process of recovering and we are approaching the lower end of the range, which may indicate the imminent end of the current recovery.
by cryptodailyuk
BNB/USDT Review 4hinterval - Resistance and SupportHello everyone, I invite you to review the chart of BNB in pair to USDT, on a four-hour interval. In the first place, using the yellow line, we can mark the uptrend line that did not hold the price, while currently, using the blue lines, we can mark the downtrend channel from which the price goes sideways. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see, we have the first very strong support at the price of $ 234.4, it is equal to 0.618 Fib, the so-called golden fibon point, the second support at the price of $ 228.2, and then we can see a decrease around 220 .1$, which is the location of the last price low. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we see that the price has no strength to break through the resistance at $238.3, however when it does, it still needs to break through the strong resistance from $243 to $249 for the price to move further towards the resistance at $257.4. Please pay attention to the CHOP Index, which indicates that there is a lot of energy to move. The MACD indicator maintains a local downtrend. On the other hand, the RSI is moving around the lower border, which may give the price an increase in the coming hours.
by cryptodailyuk
Bitcoin - Profit target for the next bull run + 32% crash soon! Of course, I am still bearish on Bitcoin, and we are going to hit 20,500 or 17,000 this year. But before it happens, we can go as high as 33,000 because there is a lot of liquidity to be taken. I started to be bearish around 30k a few months ago, and nothing changed in my outlook. But I think 6k and 10k are not possible anymore because Bitcoin proved its strength and the uptrend transformed from a corrective wave into an impulse wave, which is definitely something we cannot ignore in our next trades. A 32% or 40% crash later this year, most likely in September or October, is very possible, and I am expecting this scenario to happen. I prefer a bearish scenario over a bullish one this year, and I do not see any crazy pumps to 35k, 40k, or even higher. Set up notifications for my ideas so you will be alerted in your email when I publish new analyses immediately! Now the question is, How far can Bitcoin go in the next bullish cycle? My technical analysis shows around 100,000 USD. We have a huge ascending parallel channel on the LOG weekly scale that you can see on this chart. It has already had five touches, and it started in 2017. What's more, if we take the Fibonacci extension from the start of the previous bull market to the end of the previous bull market and to the end of the previous bear market, the 0.618 FIB extension is right at 104,000 USD. Seriously, please do not expect Bitcoin to hit 300k or 1 million in the next few years; the market cap would be insane if this happened. In the short term, I am pretty neutral because Bitcoin could reach 33K or also start a big crash. At this point, we need more confirmation, so I prefer to trade altcoins at this moment and wait for BTC. I trade over 200 futures pairs, and I have a lot of opportunities everywhere. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately. Thank you, and for more ideas, hit "Like" and "Follow"!
by UnknownUnicorn2537518
180
BITCOIN UPDATE Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. First of all, Wishing everyone a profitable and productive week! Today is Monday, and I have some information to share with you. 📰 Last week was nice, and yesterday we witnessed the highest weekly candle close of the year. This week will also mark the monthly close, which is expected to show significant growth. 📈 Since the beginning of the year, Bitcoin has been moving within an ascending channel, forming new HH's and HL's. The correction from $30k was highly predictable, and I have been mentioning it for the past two months. Now, I will share my outlook on future events, and this post will serve as an addition to my recent BTC 1D TF chart. 🔙 The 200MA and 200EMA have performed exceptionally well, and as I mentioned before, I anticipate further growth for BTC in the near future due to several reasons: 1️⃣ The sweep of the high at the $32k level ; 2️⃣ Liq. grab from the monthly FVG ; 3️⃣ The 3.618 level as the next Fib. target ; 4️⃣ The "Manipulation" stage according to PO3 ; 5️⃣ The fifth wave according to Elliot Wave theory ; 6️⃣ Additionally, there is a MACD Bullish Cross. 💡 Remember - Dips are for buying! In the near future, focus more on long positions rather than short ones ! 🔜 Further updates will be provided as new developments unfold !
Short
by bullstraders7
bitcoin update Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. As we said before we can expect more pump here only if the 31K$ resistance zone break but now price is below the resistance so we may have short-term fall too. Major supports: A. 27500$ B. 26700$ C. 25000$ Major resistances are: A. 31000$ B. 34000$
by bullstraders7
Bitcoin - Plan for the next 6 months! (strategy) Bitcoin is pumping, but buying at the current price is not worth it at all. I have been talking about the 10k, 15k, or 20k (unfilled CME gap) for a long time. Usually, summer is choppy, followed by September and October, which are generally very bearish months for Bitcoin. Of course, I am not here to immediately FOMO into Bitcoin, and I do not recommend anyone do it. You can take a look at altcoins; they are extremely bearish, and since I have been bearish for 3 months, they have crashed by 50% or 70%. Just take a look, for example, at MATIC or Cardano. I do not have any Bitcoin because timing is important when it comes to investments. The most efficient way is to buy Bitcoin around 20k later this year and ride the third impulse wave to the upside. I expect a huge ABC correction to be triggered soon, and as we know, the usual retracement for the 1st impulse wave is most likely 0.618 or even deeper. Bitcoin is one of the most bearish assets in the world. Gold almost hit an all-time high, as did Nasdaq. Bitcoin is supposed to be the most bullish asset, right? It already should be above the previous all-time high somewhere around 100k, but it's struggling below 30k. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately. I am expecting a big crash on Bitcoin, no matter this recent pump. The market moves in waves, and corrections do make sense to me. I think 10k is no longer possible for Bitcoin due to the recent pump because the current uptrend from 15k is now transforming from a corrective wave into an impulse wave, which is a sign of the start of the bull market. On the chart, you can see a projection for a Diamond or Head and Shoulders pattern that can be formed in the next few months prior to the final dump to 21k.  My strategy and game plan for Bitcoin is that first we are going to go higher, to around 33000, to take the liquidity above the previous swing high from 2022. After that, I am expecting a huge crash back to 25k, and then some consolidation pattern should occur as wave (B). In September, we can expect a final huge crash to 20K, followed by an extremely strong buy-back from whales. Thank you, and for more ideas, hit "Like" and "Follow"!
by UnknownUnicorn2537518
269
GOLD DAILY SWING FORECASTBased on my study on Gann + Fibonacci + Elliott Wave, here's i present you the 2 months forecast for GOLD Calculating swing height is much more harder since it was actually controlled by monetary policy rather than just a natural phenomena, what we can actually count is just the time So we know when it will go up or down I don't guarantee a perfect timing nor trading plan, but rather a good insight based on my knowledge! Further update will release very soon Sincerely, H. Haidar
FX_IDC:XAUUSDShort
by Chartwatcher1996
1
Bitcoin - Bull trap triggered, huge crash is starting! Today I opened a short on BTC, and in this analysis, I will tell you why. In the previous analysis called "Bitcoin - The biggest bull trap in history!" I told you I wanted to short Bitcoin at the 0.618 FIB retracement; today we reached the important level and took liquidity above the previous swing high. Now everyone is extremely bullish, and it's time to short it. On the chart, you can see a huge parallel channel on the weekly scale, and today we retested the trendline of the channel and the POC of the previous triangle. This is a very strong resistance, which is why I expect a huge decline in price in the next few days or even weeks. I am a very transparent trader because I share all the trades that I make with the entry points, SL, and TP. From the Elliott Wave perspective, we can see a falling wedge, which is a bearish leading diagonal pattern with an overlapping wave structure. Usually you want to short it at wave (4) of the diagonal pattern, and we hit this wave today. In my opinion, wave 2 of the higher degree has been completed, and we are ready for the 3rd wave, which can be extremely steep. It's possible that Bitcoin will start consolidating a little bit at the current price, so altcoins can also pump a bit. But it's only going to be temporary. Set up notifications for my ideas so you will be alerted in your email when I publish new analyses immediately! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately. Thank you, and for more ideas, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
227
CN50 to find support at 0.618 pullback?CHN50 - 24h expiry - We look to Buy at 12570 (stop at 12490) We are trading at oversold extremes. Short term bias has turned positive. This is positive for sentiment and the uptrend has potential to return. We have a 61.8% Fibonacci pullback level of 12570 from 12244 to 13098. Preferred trade is to buy on dips. Our profit targets will be 12770 and 12810 Resistance: 13180 / 13660 / 14440 Support: 12400 / 11845 / 11140 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
CLong
by VantageMarkets
Oracle Rebound & technical analysis According to this chart we are riding the 8 and 20 day. Price bounced off of the 50 after the earnings sell off and broke out from a double bottom. If this plays out in a perfect world this will blow past 127 from the news run up. Not to mention everything AI is running and we are currently in an AI baby bubble. I would trade this carefully since it is making new highs and can fall from a sell off and profit taking. Let’s see how high this goes. Congrats if you were like me and bought around 115 after the earnings sell off. Trade Responsibly. #TradeTheWave
NYSE:ORCL
by FinesseTheWave
3
Ethereum climbs past $1700 but can it continueThe H4 imbalance (white shaded box) was filled and the structure of ETH on the 4-hour remained bearish. The OBV saw a bounce but did not trend upward. The Fibonacci retracement levels plotted for the move down to $1630 last week showed that the $1716 and $1740 are important resistances. Entry: $1716 Stop-loss: $1753 (a move above $1740 and $1750 will signal bullish intent and a bullish MSB) Take-profit: $1597 (the 23.6% extension level, although a drop below $1600 could eventually see $1500 retested in the coming weeks) R:R- 3.45
Short
by AMBCrypto_TA
Natural Gas: 1.618 Confluence Support Zone Has Held Natural Gas was trading at this Log/Linear 1.618 Confluence Zone for a while and even confirmed a 3 white soldiers pattern from the zone, but has since been very quiet. However, it's recently begun to bring us somewhat of a bounce and has confirmed a couple of higher lows with some hidden Bullish Divergence on the MACD after holding above the Bullish Control Zone on the RSI and now it's looking to make some higher highs and could take back the entire range. It should also be noted that this 1.618 confluence zone is at the PCZ of a 1.13 Bullish Shark.
OANDA:NATGASUSDLong
by RizeSenpai
Gold's $4500 Kaleidoscope: Through the Fibonacci LensThis Fibonacci Clustering in Gold (XAU) is a sight to see. Unbelievably, this schematic tracks how gold crashed a whopping 70 Percent to its low in 1999... NOW it is on track to go up over 100 percent through my patterns shown numerically... I. Fib Circle Base -The journey begins with a Fib circle on gold's 3 month chart, formed with the base extension schematic for our projections. II. Initial Fib Spikes -We then incorporate significant tools that visualize the 70% drop from 1980 to 2000... movements that CREATE the Fibonacci circle, laying the groundwork for our next Fibonacci extensions. III. Macro-Scale Spikes -Adding a second pair of spikes on a macro scale validates our base schematic and contributes to further Fibonacci projections. IV. Monthly Macro Spikes / Cup-and-Handle -Finally, a micro time frame of III's pair of spikes and a bullish cup-and-handle formation strengthen our projection of gold's path to $4500. Below I have linked my original gold schematic. Followed by my DXY Crash schematic.
OANDA:XAUUSDLong
by MichaelBsul
1 Week Gold Intraday Turning Point ForecastHi, everyone! Following my previous daily forecast, as i said before i will try to do a intraday forecast Okay, so this is how central banks actually trade They don't care about price, but they do extremely care about time Behind this forecast i use a method called harmonic analysis which W.D Gann use in 1920s and because we live in technology era i also combine it with my special custom neural network algorithm, which i designed earlier. I haven't test this method yet, but i think it should work too,, but maybe it could also happen very off from what we expect earlier. So, remember that i don't provide any trading plan! Okay... i just want to share my knowledge on GOLD All time zone was in UTC+7 and 24H format to avoid confusion 12/06 5:15 8:00 14:45 20:30 23:30 13/06 3:45 8:00 11:15 16:00 22:30 14/06 2:30 5:30 8:45 15:15 17:45 23:45 PROBABLY MAJOR (DUE TO FED NEWS) 15/06 3:45 9:15 HARMONIC MAJOR (MATHEMATICAL TIME MAJOR CYCLE) 10:45 15:30 19:15 00:30 16/06 4:45 9:45 13:45
TVC:GOLDShort
by Chartwatcher1996
TRON retains bullish structure after liquidity grabThe move below the higher low at $0.0752 on 1 June was a liquidity hunt since this break of structure (formation of lower low) was not followed by a lower high and another lower low. Instead, prices pushed past the previous local highs at $0.08 Fibonacci retracement levels showed the 78.6% retracement at $0.0765 was retested as support and TRX bounced higher. This suggested TRX could reach higher to the 23.6% extension level at $0.0885 Entry: $0.0773 Stop-loss: $0.0738 (below the recent low) Take-profit: $0.0885 R:R- 3.1 Given the sentiment in the crypto market, profits can also be taken near the $0.0858 mark
Long
by AMBCrypto_TA