Fibonacci Extension
0807 NFP P4 USOIL will test 90 soon??Hello traders,
You might have a new chance to sell USOIL again.
This time you should make a new target down to fibo 1.27 90 to setup your selling order.
My last idea on wkly plan to buy USOIL failed already.
This is a new plan based on 4h chart.
GOOD LUCK !!!
LESS IS MORE!
0807 NFP P3 Gold will finish sidways soon to make a new lowHello traders,
To me, gold is just taking a break before making a new swing down to test 1700-1710.
All price action in last two days are in small range and ready for a new swing down.
Take you chance during London session and NY session.
This Friday wont be a boring day.
LESS IS MORE!
ETH target levels for this heavy sell-offhi friends.
so finally we lose 1700 and 1300 supports :(
bad news for ETH.and bad fundamental news for it too
where MERGE upgrade overdued.
no problem we see an ending wave C and we are compliting it.
but remember these levels are good for buy but we should pay attention to
macroeconomic news and happens.
if inflation in USA and EUROPE dont go down wave C will be extend by time...
but we consider inflation record a high and start to go down.
after that we have a strong support that is overlaping 4 fibo levels for W(e) from wave C
this overlap area including:
1)38.2% retracement from past impulsive W(1).
2)200% retracement of W(B) between W(A) and W(C) that show in (a b c in circle)
3)261.8% retracement of W(b) from W(C) or W( a b c d e)
4)161.8% trend based fibo from W(a) projection from end of W(b) that shows W(e) levels.
this support level is in price around 980 $ and if we lose it too we can go lower to around
620$ support.we have fibo overlap levels here.
these levels are 361.8% & 200% and 50% from past impulsive wave.
best strategy to buy in these levels and conditions is to buy 3 step or 4 step
if we see signs of end correction we can buy a step.
i think these levels are so amazing levels to buy step by step.
be careful of your capital
(NOTE!!!
this post is not trade or invest advise.
its just my own opinion.
please invest in your own strategy and dont forget to set stop loss.)
thank you for support.
BTC/USDT Perpetual contractDear Traders and Investors,
I made a simple analysis for BTC/USDT perpetual contract
I saw a downtrend in a short term
I reckon you guys to open short at my sign "entry"
and take profit at my sign "Potential Target 1 and 2"
Happy trading y'all
Good luck!
Best,
PS: Please DYOR before entry the market
Possible retracement to 0.168 fib levelIn the bigger picture we might see a retracement down to the 0.168 fib level around 15k. This would still fit in the picture of a potential falling wedge pattern, which (when breaking out) would flip us bullish again. There is also very little support between here and ~14k, so if our support around 20k (previous bullrun's top) would fail, we are likely to visit mid-10k's.
SXPUSDT wants the 0.886 Fibonacci levelThe price got a rejection from the 4h resistance at 0.44$, the the price had the dynamic daily resistance as well.
Now the price is testing the previous resistance as new support above the 0.786 Fibonacci level.
How to approach it?
IF the price is going to lose the support and retest it as new resistance, we could see a bearish impulse until 0.886 Fibonacci level, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
BTC/USDT Perpetual ContractDear valued Investors and Traders,
I reckon you guys to entry at my sign 'entry', and take profit at my sign 'Potential Target 1 and 2'
Practice makes perfect! Always!
Share your analysis as well sounds better!
Comments and inputs are super appreciated!
Thanks
Cheers,
PS: Please DYOR before entry the market
SAND/USDT Perpetual ContractDear Sir or Madam,
I was just made a simple draft about to short ing SAND/USDT
I saw SAND just made a spike today and I decide to doing short
I reckon you guys to entry at my sign "in entry"
And take profit at my sign "Potential Target 1 and 2".
I am here just wanna share my analysis.
How about yours? share to me
Enjoy your profit! Good luck!
Regards,
KAVAUSDT is testing the 0.618 Fibonacci levelThe price is testing the 0.618 Fibonacci level on the 4h timeframe after a bounce from the 1.4$ support where the market created a double bottom. The price lost the 4h support at 1.9$ and retest it as new resistance.
how to approach it?
IF the price is going to lose the local 4h support at 1.7$ (on 0.618 Fibonacci level) and retest it as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
WAVES broke out descending trend line#WAVES/USDT
$WAVES broke out from long term descending trend line and hold above ascending trend line with the same angle.
🐮 holding the support zone and ascending trend line will increase price toward resistance zone around $6.
break out from resistance zone can pump price toward $7.5 and $8.
7/4/22 MCDMcDonalds Corporation ( NYSE:MCD )
Sector: Consumer Services (Restaurants)
Market Capitalization: $187.076B
Current Price: $252.96
Breakout price: $252.96
Buy Zone (Top/Bottom Range): $248.35-$238.25
Price Target: $258.00-$260.50 (1st), $270.00-$275.60 (2nd), $302.60-$308.20 (3rd)
Estimated Duration to Target: 21-22d (1st), 54-61d (2nd), 150-159d (3rd)
Contract of Interest: $MCD 8/19/22 270c, $MCD 9/16/22 270c, $MCD 12/16/22 280c
Trade price as of publish date: $3.60/contract, $3.60/contract, $4.75/contract
7/4/22 AMNAMN Healthcare Services Inc. ( NYSE:AMN )
Sector: Commercial Services (Personnel Services)
Market Capitalization: $5.130B
Current Price: $114.73
Breakout price: $115.20
Buy Zone (Top/Bottom Range): $113.95-$108.40
Price Target: $120.90-$123.70
Estimated Duration to Target: 38-40d
Contract of Interest: $AMN 8/19/22 110c
Trade price as of publish date: $10.80/contract
[Bitcoin] Worst 3K? Expected support identified by bear trend #Crack #Bitcoin #Binance #1D
We explored all possible support zones using bearish continuation patterns and their Fibonacci extensions.
Please take it lightly, as it is only analyzed as a Fibonacci trend extension of bear trend patterns without any other technical analysis.
Sections containing the Fibonacci trend extension level of the large turquoise bear trend are marked in red, and sections not included are marked in orange.
Continued bear trend patterns are emerging, and as the bear trend is still in progress and triangular convergence is underway, I think we need to prepare for an additional bear trend.
In the case of a rebound without further decline, it seems safe to buy after the $19,828 upward stabilization and conservative $21,654 upward stabilization.
AVAXUSDT wants the 0.618 Fibonacci level?The price tested the supply zone as I told you in my previous idea. After the rejection the price is testing the 4h support on 19.60$ inside an ascending channel on 4h timeframe.
How to approach it?
The price could retest the 0.618 Fibonacci level after a double top on 22$, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
BTCUSDT is creating the M patternthe price created a clear M pattern and the price retested its neckline as new resistance on 0.5 Fiboancci level.
The price created a big spike too on the supply zone.
How to approach it?
The current area is very hot for the market (20k). IF the price is going to lose the support and retest as new resistance we could see a new bearish impulse until 18-17500k area, so According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐