Fibonnacci
what is next for FANTOM ? 💡As I mentioned in my previous analysis ✔️
target reached 💣
and now
the price become close to important resistance area ✔️
if
the price breaks the resistance to the upside, we can expect gain 🚀
unless
we expect correction for the price to the downside and our target is 38 Fibonacci levels ❌🧨
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
**UPDATE** SHORT PULLBACK ON FTM/USDT **UPDATE** SHORT PULLBACK ON FTM/USDT
After a nice bull run and nice gains we should expect a few days of a pullback.
I belive the pullback will come after we test the 0.618fib, it might start now without test it.
Its a good time to take some profits and wait for the price to calm down.
FOR ME THE PULLBACK WILL BE A GREAT TIME TO ADD SOME MORE TO MY BAG! IM A HODLER!
***btw do your own research***
BTC 2022 PredictionSketched this a few days ago and still going as predicted...
As we know, BTC still on the bull uptrend. For 2022 this is my prediction. We are currently sitting on a downward continuation bull flag/downward channel, and within that channel, there is a small flag reversal just right on 61.8% ($44,589) FIB and this could be the pivot point to start moving back up again, although, it could still reach the support level a little under 61.8% FIB at around 41K or so....
worst case before continuing up would be 78.6% FIB at $37954, which as we have seen through history, is normal for BTC.
Entering targets:
currently at 61.8%, please time the best entry and wait for confirmation
or
at 78.6% FIB at $37954, please time the best entry and wait for confirmation
My Thoughts of BTC/USDIn my analysis of BTC/USD on the DAILY CHART, this currency pair is currently retracing toward the 50% area of the Fibonnacci at price 48434.42, I forecast price will continue moving BEARISHLY toward price $45725.78. In this analysis, I used trend analysis, Fibonnacci and chart patterns. BITSTAMP:BTCUSD
12/5/21 LENLennar Corporation ( NYSE:LEN )
Sector: Consumer Durable (Homebuilding)
Current Price: $112.32
Breakout price: $114.50
Buy Zone (Top/Bottom Range): $108.90-$111.65
Price Target: $120.00-$123.00
Estimated Duration to Target: 40-42d
Contract of Interest: $LEN 1/21/22 115c
Trade price as of publish date: $5.40/contract
12/5/21 AVGOBroadcom Inc. ( NASDAQ:AVGO )
Sector: Electronic Technology (Semiconductors)
Current Price: $558.12
Breakout price: $567.50
Buy Zone (Top/Bottom Range): $555.60-$544.00
Price Target: $614.00-$622.00
Estimated Duration to Target: 55-60d
Contract of Interest: $AVGO 1/21/22 560c
Trade price as of publish date: $22.25/contract
11/28/21 UUnity Software Inc. ( NYSE:U )
Sector: Technology Services (Packaged Software)
Current Price: $179.89
Breakout price trigger: $181.00
Buy Zone (Top/Bottom Range): $179.00-$171.50
Price Target: $232.00-$236.50
Estimated Duration to Target: 68-70d
Contract of Interest: $U 2/18/22 200c
Trade price as of publish date: $14.50/contract
GBPUSD 1.344437 +0.001% SHORT IDEA * CONTINUATIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE POUND / DOLLAR
* looking for trend continuation on this pair.
- Trend continuation , break below looking for continuation pttns with the bears.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
#FTM Fantom Lower High on DailyFantom (FTM) on the 1D chart shows a lower high. I charted a few trendlines to consider keeping an eye on along with a fib retracement.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Ethereum #ETH Weekly - Is $10K possible?From past history, when Ethereum goes into oversold territory RSI at 70+ on the weekly chart, the price seems to show a nice pump. See the chart to understand more.
There are a few issues to consider as well:
1) We are potentially forming bearish divergence
2) Almost 6 weeks of upside weekly candles
3) If BTC has a correction, ETH will follow
Lastly, I drew a few fib levels to watch if a pump occurs, where would we be able to get to. With just about 120% gain from current price levels, we could be seeing almost a $10K ETH.
This is all exciting but we do have a few hurdles ahead.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Possible downtrend continuation for CherrySwap (CHE)By plotting the Elliot waves, we are on wave 5.
If we continue with wave 5, we will reach level 1 of Fibonnaci.
In wave 5 we have the ABC correction subwaves, where we can have the bear scenario in red, and possible bull reversals in green.
Good winds!
Always manage your risk and never outsource your decisions!
US30 TP @ 35946.09 ^Based on D1 Fibonacci extension and momentum (backed up bu the MN1 candle) I see US30 reaching at least this target.
USDTRY Forecast Analysis after the ambasaddor crisis.The easing of the dollar-tl parity after the ambassador crisis seems to test the post-interest level. Falling prices can see buyers at all levels. the demand for dollars has been possible at all levels until now. As Turks, our hope is of course a strong TL, but our belief will be stronger if the decision mechanism does not act against the science of economics. A strong Turkey goal can only be achieved by fulfilling the requirements of economics. FX:USDTRY
Sell off to 1.15000The EUR/USD is in a critical zone. The rejection and failure to reach 1.17600 with evidence of a multi price action test at the 1.16300 pivot level is a clear indication to me that if this pair wants to test a lower support level. Im looking forward to seeing this pair dive past 1.16300 and move its way to support at 1.15000. I have provided a general "Ghost pattern prediction " of possible future price action.
This is not financial advice
Moment of truth - BITCOINHello dear crypto friends!
New all-time high or bear market after all?
No idea. All I know is that all of Twitter is bullish again and influencers are summoning the moon.
Whereas the last remaining bears are looking for explanations.
So what to do?
Keep it simple!
What do we see?
Major Gann resistance for next week, price marked.
And what else is there?
Right, the 0.786 FIB level, which Bitcoin loves for corrections.
I'm not a perma-bear, I'm just saying that these two resistances should be overcome before we dream of a new ATH.
Stick to facts.
Thanks and good trades!
Bitcoin is under big selling pressure🛎 After the nice rally that $BTC did lately, we might see a weak momentum from the bull's side and take a BC correction...I told you.
Now as you looking at the chart it seems like Bitcoin is under big selling pressure.
I expect a pullback then a higher move in the next upcoming days
Stay Safe ! Reda Souhail™
Waiting Game DOGEUSD: Bullish long term scenarioHello traders and investors,
Is Doge ready for the next leg up? If so, let me thank who let the dodge out!
Today we are considering the idea of completing a 5 wave sequence (intermediate blue) to reach primary wave 3 (blue).
Assuming that Primary 1 was between May 2015 and Jan 2018; Primary 2 was until March 2020 low, the 1.618 Fibonacci extensions, suggested as the first target for a wave 3, would bring us in the region of $2.72.
Looking at the intersection with the pitchfork top boundary line, it looks as if we are going to wait until July/August 2023, so plenty of time to accumulate if you love this coin.
Let's see how this plays out.