Cyber Monday saleUp to 70% OFF

Fibonacci Extension

SOLANA LONG : accumulate hold & buy SOLANA (SOL) / USD We can analyze the daily situation of SOL: a) Upward exit of a descending channel b) Increasing local minima in the (orange box) where the current support is located c) The price extension has as its objectives 3 minimum target: 1)Average 100 to 1 day (yellow line) for the price of $ 55 --> ROI: +41% 2) Average 200 at 1 day (blue line) at a price of $ 76 where the final part of the local maxi resistance coincides (red box) --> ROI: +98% 3) $ 91.9 we find the last target which coincides with the Fibonacci extension 3.618 and with the highest part of the resistance (red box) --> ROI: +137% It is too early to say if we are facing an end to a bear market that has been in existence since November 2021, however the chances of seeing a rebound are high. For more information contact us privately. A cordial greeting from LPI.sa, grow with Us.
SLong
by LPI_Investments
Litecoin: Falling Wedge Break Hook and Go at an 88.6% RetraceLTCUSD has been sitting at a 88.6% Retrace for the last few weeks nowholding above both it and above a falling Wedge that it's developed on the weekly timeframe. If it can bounce back up from here i think it will have 3 profit targets: $420, $515, and Finally $645 as that would align with the 100%, 127.2% and 161.8% Fib Extension targets. My targets for this chart are a result of some other Bullish Variables on Various Other Charts i looked at where LTC is either the numerator or denominator, I have included some of these charts in the Related Ideas Tab below and based off all of these Aligned Variables across many different charts I'v come to the conclusion that i could be expecting alot out of the LTC Price Action in the Near Future.
COINBASE:LTCUSDLong
by RizeSenpai
1
[Bitcoin] 19K support is solid?? It's still too early to assume#Crack #Bitcoin #Binance #1D The support in the $19,828-$19,118 section, which was mentioned as very important in the previous briefing, succeeded, and it held the previous candlestick along with a buying trend, showing the possibility of a rebound. However, it can still be viewed as an extension of triangular convergence or an extension of a bull trend, and contains the possibility of continuing the bear trend. Since the short-term high has not yet been renewed, the expected support section is the same when the bear trend continues, but the expected resistance section has changed. As in the previous briefing, you can draw two rising channels. In the first case, a large bullish channel can be drawn, and in this case, the resistance near $22,175, where the center line of the bullish channel and the top of the convergence overlap which plays an important role. However, if the overshooting appears in the $23,240-$23,880 section and then the $22,175 section is supported, we can expect a short-term rise to the upper end of the channel. s3.tradingview.com In the second case, a small bull trend channel can be drawn. In this case, the resistance in the $22,580-$23,360 section, where the bull trend and the bull trend channel overlapped on June 13th, which plays an important role, The possibility of overshooting is shown until $24,190, where the long-term trend line and short-term Fibonacci level are located. Even in this case, if support is provided after breaking out the $22,580-$23,360 range, we can expect a short-term bull trend to the mid- to long-term Fibonacci level of $25,890. - Summary Support Section $19,828-$19,118 Important $15,508-$15,139 $12,107-$10,909 Important $7,750 overshooting level Resistance section Case 1 $22,175 Important $23,240-$23,880 Overshooting Level Resistance section Case 2 $22,580-$23,360 Important $24,190 Overshooting Level
by Tommy_Trader
2
Possible “Bottom” Targets Based on Elliott WaveBTC is currently correcting from an ATH of 69,000 in either an ABC zig-zag or a WXY combination wave and I've attempted to find possible bottom targets using Fibonacci clusters based on rules for both zig-zags and combo waves. Two ranges have appeared as a result of this study. First, is the range from 12,500 to 9800 and the second is a range from 4,500-3,400. A key level to watch is 10,800 which is the 1.618 of W where there could either be a bounce to the upside in a WXYXZ pattern or a continuation to the downside in an ABC. High Level Count: CME gaps within the ranges:
COINBASE:BTCUSD
by HelioHelix
[Bitcoin] Urgent!! 19K support is important!! #Crack #Bitcoin #Binance #1D Since the last briefing, the buying trend has not been continued, and it is showing a trend change by making Doge Candles and then falling. At this point, the blue medium-term bearish wave does not appear to have broken through the resistance of the 0.5 level Fibonacci trend extension, and it looks like Bitcoin will soon reach a critical support level. The important support interval appears to be around $19,828-$19,118, and this interval is located at the 0.786 level of the Fibonacci trend extension of the blue long-term bear trend wave, the 0.618 level of the Fibonacci trend extension of the blue medium-term bearish wave, and the bottom of the purple triplet convergence newly extended by the previous resistance. If it fails, once again, you need to prepare for further declines by the bear trend extension pattern. If the $19K support fails, we can expect support at $15,508-$15,139, where the blue medium term Fibonacci trend extension level of 0.786 and the purple short term Fibonacci trend extension level of 0.5 level overlap. However, one should keep in mind the turquoise long-term Fibonacci trend extension level 1 and the decline to the $12,107-$10,909 section, where the sub-trend extension levels are located. Additionally, if overshooting occurs below the $10,909 section, there is a possibility of a decline to $7,750, the 1st level of the purple short-term Fibonacci trend extension. Conversely, if the $19K support is successful, you can see several cases of successful retest support of yellow short-term convergence, successful bottom support of purple short-term convergence, and successful support of pink parallel channel bottom. If the $19K support is successful, we can expect a strong rebound in the near term. At this time, the expected resistance section is the section commonly mentioned in the last briefing. There are $24,189, which is an important resistance as long-term trend line resistance, and $25,890, a section that can be resisted when overshooting occurs. - summary $19,828-$19,118 support is very important Support section $15,508-$15,139 = Short-term support level $12,107-$10,909 = Critical long-term support level $7,750 = overshooting level Resistance section $24,189 = Critical long-term resistance level $258,90 = overshooting level
by Tommy_Trader
1
Trust Wallet TWTUSDT - The most bullish altcoin + Triangle!- TWT is currently one of the most bullish altcoin on the market as you can see on the weekly chart. - We have an ascending triangle - very bullish pattern and you can buy now or buy a breakout above the neckline. - The platform was acquired by Binance in July 2018. - The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at Binance. - Profit target is around 10 USD (1.618 FIB extension from Wave (1) -> (2)). - If we check the volume indicator, we can see there is absolutely no bearish pressure, which is good to see! - Look at my ideas about another interesting altcoins in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
3
GALA/USDT : Right above the last local support BINANCE:GALAUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $GALA has formed a local bottom at $0.05 and the local low is at $0.049. The current structure has some similarities to our recent $ADA's chart on 12H TF which has given us more than %50 profit. Now if we compare the movements, We can see that If $GAL breaks below $0.049 with a hold, Then you can locate your Short towards $0.03. 📚 Most of our current calls have higher than 2.5R and it's good to trade, But all you need to know is, That as we're trailing stop-losses to entry after 0.5R profit, Then you need to focus on your accuracy; You need at least 52% accuracy and the golden accuracy for our strategy is to hold it above %60! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
13
[Bitcoin] Convergence upward breakthrough!! Resistance LVL?#Crack #Bitcoin #Binance #1D After the progress of the two large trend continuation patterns, convergence appeared again, but the bullish breakout with a strong bull candle. In the big picture, resistance can be expected when the orange long-term support line has moved bearish, and when it rises again, resistance is expected. We can expect resistance around $24,189.88, where the orange trend line and the light blue Fibonacci trend extension level of 0.382 overlaps, and we can expect resistance at $25,890 in case of overshooting. If we look at the chart a little closer, there is potential for resistance on the orange long-term trend line, so we will respond with the possibility of a bullish channel in mind, despite the upward breakout of the convergence. If you look at the first picture, it is a bullish channel with a narrow fluctuation range drawn as a wave created after the bottom is perfectly formed. In this case, there is a resistance section at $22,856-$22,984 below the orange long-term trend line. We can expect a bullish trend towards $15,507 or $11,497-$10,909. If you look at the second picture, we see the possibility of a bullish channel with a large fluctuation based on the high made during the 13day decline. In this case, after breaking through the orange long-term resistance line, resistance remains open to the $25,890 level mentioned above. If $25,890 resistance is found, it is necessary to check whether the orange long-term trend line is supported or not, and if the support is successful, the possibility of continuing the bull trend should be left open. We can expect a drop to $10,909. - summary From a long-term perspective, the important intervals are $25,890.65 and $24,189.88. From a short-term perspective, the important intervals are $22,856-$22,984, $25,890.65 When resistance occurs at $22,856-$22,984, sell response after checking whether the bullish channel has broken After resistance at $25,890, if support succeeds at the orange long-term trend line (near $24,189.88), buy response; if support fails, respond sells.
by Tommy_Trader
1
AUD/USD Technical AnalysisAfter the Ukraine war started Australian dollar made an attempt to break the daily market structure to the upside as Australia is a top commodity country, but failed to break structure and found resistance at the 0.76 area and formed a double top. Since then the price went back to a downtrend and formed another low. I expect the price to follow the Fibonacci extension levels and move even lower on the medium-term outlook. For better entry prices lower time frame analysis will be appreciable.
Short
by alicanuz