Fimathe
FIMATHE on Bitcoin.This is my TA utilizing the FIMATHE technique.
Do you know what FIMATHE is? It's a technical analysis created by Marcelo Ferreira a Brazilian TA Analist.
According to FIMATHE we are now at a bullish trend.
$ 64000 to $ 45500 (Reference Channel)
$45500 to $ 33000 (Neutral Zone)
The price is targeting the 33k range. With very high support between 33k and 28.7k.
If we broke 33k with volume and full candle close, the price has potencial to reach a bottom at $23500
If 33k holds we could see a rally to 54k.
Not Financial Advice.
XAUUSD - Intraday - Fimathe strategy 24.01.2022If Gold cross this areas I'm looking to buy or sell.
Fimathe strategy.
XAUUSD Confluence between bearish trend line and new support According to my strategy (Fimathe) the price was at 1762.851 at an important resistence and at my Neutral Zone, according to Fimathe, if the price broke my Neutral Zone line, the trend is probaly going to reverse. So I believe that the price is gonna hit 1846.976 (Green Line) in long term.
Now the price is in a confluence between a support and a bearish trend line.
FIMATHE XTZBTC LONG MACRO ANALYSISIn that analysis, I will use Fimathe that provides a whole new way to see the market trends and "predict" futures supports and resistances.
I quoted "predict" in view of the fact that we can never be a hundred percent sure of the market's future although we may have a good idea to where it goes.
If the price cross up the RC(Reference Channel) resistance, the main long trend is confirmed and tend to reach the next projections(Projections are made from the 100%(Green Lines) and 50%(Purple Lines) levels of the main channel) willing to reach at least one expansion before consolidates and uncertainty takes the market again.
If the price goes all the way down to the NZ(Neutral Zone) support and crosses down, the main trend turns bearish and tends to the 50% level of the expansion.
You must eliminate the risk, putting your stop in break-even when the price crosses up the Yellow Line. This information is calculated from the expansion of a channel subcycle. It's deeper content, so I'm going to write an article about it and post here.