Golden
UEC heads up at $6.66 (!) then $7.25: Uranium ready for a dip?Uranium has been on the uptick for a while.
Many are overbought and due for a pullback.
This is one example reaching key resistances.
$ 6.61 - 6.67 is the immediate resistance
$ 7.25 - 7.59 will be the breakout barrier.
$ 5.46 - 5.58 will be last uptrend support.
=======================================
SPX500 headed to 4900 after a bounce? Retrace Road Map per FibsFollow-up to my previous 5137 Top Call (click).
Markets appear to be retracing finally.
This could be just the start of correction.
Minimum next leg depicted goes to 4900-ish.
$ 5109-5137 is major resistance that may be retested.
$ 5044-5049 a minor support that will hopefully bounce.
$ 4896-4924 is next major support and BEST GUESS target.
====================================================
.
BTC key level of 42.2k is a ripple of its "Covid Stimulus" waveAbove Chart is a single wave, in 3 time frames.
This wave was started by Covid Stimulus money.
That "Impulse" created "Ripples" that still exist.
42,200 has been a clear battle line last few days.
It is a very strong ripple, being a "Golden Multiple".
Exact touches on both sides prove its existence to all.
This is one of MANY waves (and thus fibs) of BTC.
The ripples of THIS wave are strong at certain times.
Perhaps economic reports and bond yields are moving?
Regardless of the cause, the FACTS are:
All Traders are again noticing importance of this level.
All Indicators will have factored this level in their math.
All Algo's will now place orders at or around this level.
That is how fibs become MORE relevant with time.
What will happen NEXT is just a guess for anyone.
But what happens HERE will be highly relevant.
There are other fibs and levels that will also play out.
Just above this level is a "Genesis" fib at 42.8k to watch.
I will post other ideas as we approach other such levels.
.
Part of my ongoing series to collect examples of my Methodology: (click links below)
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions <= Current Example
Chapter 6: Give me a ping Vasili: one Ping only
.
.
Ordered Chaos
every Wave is born from Impulse,
like a Pebble into Water.
every Pebble bears its own Ripples,
gilded of Ratio Golden.
every Ripple behaves as its forerunner,
setting the Pulse.
each line Gains its Gravity.
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
.
.
want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
NFLX History Repeats ItselfNetflix here looking for a possible rebound in the upside after reporting strong earnings followed by a small consolidation. The previous power earnings gap resulted in huge positive gains, and now history shall repeat. My target range for the next few weeks is 600-620, and I wish you all the best.
🔥 Bitcoin 3-Day Golden Cross: Begin Or The End Of Bull Trend?If you enjoy this analysis, please give it a like and a follow.
As seen on the chart, Bitcoin has now experienced a golden cross on the 3-day chart. A golden cross means that the 50-period moving averege (blue) crosses the 200-period moving average (yellow) from below, which is often seen as a bullish thing in the financial markets.
Seeing that we only have two datapoints, we can't really make a statistically feasable forecast whether the price will go up or down from this point.
Another way to look at it is to argue how the market looks. Does the market look like it wants to go on some crazy bullish move, potentially even make new all-time highs in the next 6-12 months. Or, does the market look like it wants to stabilize, potentially even correct after several green months.
With both bullish and bearish outlooks being plausible, I think a bearish correction over the next months is more likely than a bullish move.
Share your thoughts in the comments below 🙏.
COCOSUSDT_Possible Repeat based on Total marketHistory repeats itself.
If the Total (Cryptocap) goes down from 1.15Trillion into the lower range,
then i see this scenario being possible.
Make sure to watch the total market for "confirmation". Don't just fomo in.
The volume profile reveals where the most buying and selling has occurred, the VAH (value area high), the VAL (value area low) and the white line POC (point of control). Notice the 618 fib Golden Pocket area. We tend to range in the boxes above. I simply used the copy candle feature and pasted the history over the unknown future. Lets see what happens. This is no fortune telling. Its only TA (technical analysis). Paper trade only for play.
Gold trading idea big moveHi, after we defined the first buy wave of the gold with over 400 pips we manually closed the positions because we're about to see a big move down again :
we're scaliping buy/sell until 2037 where the big sell trades should take place we'll continue selling for the rest of today and friday london session if we get to 1970 by the Nyse session we'll close all and get back to buy position.
Be carefull the market will move fast during this couple days.
Bullish, 550% Possible Upside.On the daily chart we have a lot of bullish potential.
First we have a messy looking inverted head and shoulder pattern. The right shoulder looks like a possible Symmetrical Triangle that just completed its 5th touch and could be ready to blast off.
Also, there is a Golden Cross that happened yesterday.
There are also 3 gaps to fill.
First Gap at $15.50,
Second Gap at $21.70
Third Gap at $70.00
And finally we have broken out of the year and a half long Trend line bullishly, and even backtested it.
If this can break $16.00 that could be a strong signal that this thing is going to fly!
-Not Trading or Financial Advice-
Things 'Round HereThe Quickest way from now to then
is shelf the the goose, and cook with hen.
Knowing When To Piv on Peeves
iotx golden crosswe have possible 90% upside on iotx with the golden cross pushing us out of resistances
0.036
0.040
0.044 are the last resistances
then i am targeting
0.064
Duck Duck GooseFrom this day forward this pattern shall be known as "The Golden Goose"
A golden time is before us.
While BTC.D is back at all time lows forming the double bottom of the century,
the ducks will fly....
but
do not look to the fowl sky for long
look to the nest where the golden goose lies
DODG - Golden Cross! DODG daily chart with a recent Golden Cross. A potential break-out is on deck which - looking very bullish for the dogecoin.
Fisher (DW) trending bullish and looking similar to the big run up in early 2021. Price is getting support from the 50-day MA, MFI trending bullish, and the RSI is currently still above 50.
Also, lots of high volume support at/near the current price from the 2021 run-up. OBV remains pegged on longer term timeframes. Good low risk entry.
Adding a little more now - and will look for an actual breakout and confirmation to add more. Scalp trade.
NFA.
BNB : CONFIRMATION OF GOLDEN CROSSBNB showing an interesting view depending on TA and crossing today the golden range.
What this means exactly we should see it coming time.
At last, there is a positive confirmation for an uptrend for the low time frame expected.
What the long-term view should prove coming time.
We don't check any news about this golden Cross view, but depending on the price action 100% on the chart view and volume counting trend.
Most coins at this moment show a bear market: BNB shows an interesting view from the first top 100 coins.
What the reason is for this golden cross, we even don't know, is there new trends on the CZ side, or what else?
Time will learn.