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BITCOIN FIBONACCI LEVELS THAT YOU NEED TO USE!Greetings TradingView! We have compiled two crucial fibonacci pulls that you need to incorporate in your day to day trading. The fist fibonacci retracement is set from the all time high to the low of this run after the big mining dump. The second fibonacci retracement is set from the local high at $49,752 to the low of the dump, around $28,859. Get these retracement levels into your charts now and start playing around with them! Happy Trading ALTUS
by altusfinance
FAZ Weekly - swan sighting?FAZ weekly chart presented and comparing last two price run ups to current condition. AO appears to want to go positive. See chart for price reaction last two times this occurred on the weekly. RSI bouncing off 18 month low with harmonics generally supporting a turn soon. Plenty of upward room for the stoch, but it does appear to be faltering a little here. Note large volume buying of FAZ starting mid-June 2021 and a lot of overall interest in this derivative since just before the COVI-crash. This volume isn't retail. They say you cant' predict a black swan event but FAZ seems to be sensing something wicked. Not financial advice.
AMEX:FAZ
by Akksujean
Bitcoin Still Going to $20,000? I Wouldn't Bet On It...Bitcoin is a wild stallion that cannot be tamed. I believe if it wasn't for the positivity and confidence about Bitcoin that came out of the B-Word conference we may of continued down a path below $30,000 making a stronger case for the bears. The B-Word conference has definitely lightened the extremely negative sentiment brewing throughout the space. Even the tone from Elon Musk is a drastically different tone than what we heard over 2 months ago which was the major catalyst for the crash in May. We are still not quite out of bear territory yet but this a much better sign of a positive trend and narrative going forward. Without Elon Musk's trolling fear, uncertainty, and doubt tweets or more negative Cryptocurrency news from China it will be harder for the bears to get Bitcoin to their beloved $20,000 levels or lower. But be prepared for anything in cryptocurrency. Getting down to a $20,000 Bitcoin is definitely not impossible, but I believe the longer we build heavy support above $30,000 the more difficult it becomes. $30,000 is looking more and more like the base floor price of a modern day Bitcoin. The more positive sentiment builds up the more difficult it becomes. The only place left to go from being fearful is being back to greedy. Things to consider moving forward: * We're still below the 200 Moving Average on the daily. * We're still trading between $30,000 - $40,000. * We are still fearful on the Fear & Greed Index but out of the Extremely Fearful territory for now. * Ethereum EIP-1559 tentative in August. * Tesla will resume accepting Bitcoin payments in the near future. * We are coming out of negative territory on the weekly MACD (But we're still very high on the monthly MACD) * Potential Amazon adoption by the end of this year or next year. * We haven't bearishly diverged yet on the monthly MACD ( May still indicate the bear trend and negative price action will be prolonged) * The unclean energy narrative will no longer be a cause of concern in the near future. * More multi-trillion dollar stimuluses to come under the Biden administration and worldwide governments. * Global money supply continues to drastically expand at unprecedented rates in history. Where do we go form here? We want to see a retest of $42,500 on the and break past that price level to start a strong new continuation of the bull market. If we can't break past that there's always the possibility of going back to $29,000 levels. This is still very much a wait and see. We will get through this! But as I've been saying. The fundamentals going forward are way more bullish than bearish. Much peace, love, health and wealth!
COINBASE:BTCUSDLong
by peacefuljustin
1
Eurgbp downtrend The currency pair tried to break the trend, but prices quickly sold out and returned to the trend level of resistance, under which savings are now forming, I think that the currency pair will not be able to renew its top and the price will fall even lower to support 0.847 —————— 17 / 19 last EURGBP ideas come TRUE ✅EURGBP №1 ❌EURGBP №11 ✅EURGBP №2 ✅EURGBP №12 ✅EURGBP №3 ✅EURGBP №13 ✅EURGBP №4 ✅EURGBP №14 ❌EURGBP №5 ✅EURGBP №15 ✅EURGBP №6 ✅EURGBP №16 ✅EURGBP №7 ✅EURGBP №17 ✅EURGBP №8 ✅EURGBP №18 ✅EURGBP №9 ✅EURGBP №19 ✅EURGBP №10 ————
Short
by fxpremiere