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Goldenfib

SWING IDEA - GARDEN REACH SHIP & ENGGarden Reach Shipbuilders & Engineers Ltd ., a leading public sector shipyard in India known for building warships and naval vessels, is showing signs of a potential swing trade opportunity. Reasons are listed below : 1700 Zone as Strong Support : The 1700 level has acted as a crucial support zone, reinforcing a solid base for potential upside movement. Bullish Engulfing Candle on Daily Timeframe : A bullish engulfing candle has formed, indicating increased buying pressure. Golden Fib Zone : The price is currently bouncing from the golden Fibonacci zone, suggesting potential for further gains. 100 EMA Support on Daily Timeframe : The stock is well-supported by the 100-day EMA, further solidifying the bullish trend. Target - 2200 // 2510 Stoploss - daily close below 1640 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:GRSELong
by Visionary_Growth_Insights
ROSE targets above Rose/Usdt #ROSE #roseusdtHere we see our Rose 3 day chart .You can see that dark blue 200 MA line above us near .1472 and I think that's definitely a target we'll be going towards soon . But if we follow FET and break over that dark blue 200 MA then what are the targets above there ? Because we're going to look for the possible top of this run . Well, for that we have to look at our fib lines . That's our fibonacci lines . These are often an area that gets revisited on any altcoin chart . And for ROSE tether pair we can see to the right hand side of the chart there are some dotted lines and those are next to the probable target price areas . First target is the .618 fib near 38 cents . If other altcoins are running up to these levels then we can expect to probably see Rose go up there too . Next target is the .65 fib near 40 cents - this .65 fib is called "The Golden Fib " and could definitely be a top target . The last target for now and possible top could be the .706 fib near 43 cents - this .706 fib is often thought of as a reversal area as well . So if our possible alt run continues then we could look for these targets . At this point most people think Bitcoin bottom was in back in November and that the market is going back up - at least for awhile . Let's see .
Long
by shimmeringpath
6
GoldenEye VRA/BTC #Verasity $VRA #VRAHere we see our VRA 3 day chart which had a great couple of days pumping well past my previous target of 48 sats !! Of course it's cooling off a bit now sitting at 32 sats . That's expected after a large pump, there will always be a retrace and cooling off before more continuation . But what is our mid-term target here for VRA ? Where can it hit in the next couple of months for instance ? Well... if you look at my chart you will see a green dotted line . That line sits at the level of our .618 fib . Also sometimes called the Golden fib , this sits near 125 sats . I'm thinking this is a probable target and would be about 4x up from where we sit now or 400 % . Now we can definitely dump more- this isn't necessarily our bottom (though it could be. ) And we can definitely pump way more than 125 sats too ( as you can see from the recent crazy pump !! ) Will VRA go to Binance this year ?? That's a wild card . And if it happens VRA could have an unstoppable year .
by shimmeringpath
4hr chart h&s pattern could send us back to the golden .618 fibAs always we must wait for confirmation of this pattern before attempting to trade it. There is compelling bearish confluence here with the breakdown target from this pattern lining up perfectly with the .618 golden fib retracement. Not only this, but this zone is also just below where the extremely strong support from the weekly 21 ema (not shown here) is located. As we have seen in the previous bull market of 2015-2017, the weekly 21 ema was able to maintain support for price action throughout the entire bull market and was retested every correction except one during that bull market. These 3 things combined increases the probability of a breakdown to this zibe significantly where we could see a wick all the way down to the golden fib fulfilling the H&s breakdown target while the body of the candle still manages to close above that with the weekly 21 ema maintaining support. Of course, it's also possible the correction could be over well before that with such parabolic bullish fever still very much in the air....the coming FUD concerning the 14 trillion tether lawsuit as well as the recent executive order passed against chinese companies also suggests a deeper correction is likely...but ultimately we must still wait to see if this h&s breakdown confirms first. I will be watching to see if this top ascending plum colored trendline from the previous ascending broadening wedge we were in can maintain its support. I will not be convinced the h&s breakdown will occur until it is clear that this trendline has been flipped to solidified resistance. This is as always only my personal strategy and not financial advice nor am I a financial advisor. Best of luck in whatever trade you decide to take and thanks for reading!
GEMINI:BTCUSD
by DrDovetail
2
Will the golden Fib Maintain support?The 2 main gaps below (8.5k and 7.7k) have now been filled and in doing so on the weekend, we've now created a rather large gap above current price action that will eventually be getting filled as well. The question is whether or not there will be any further downside before that. We can see we are still well under a very a very precarious head and shouylders pattern here but one good sign is the golden fib retracement level(aka the 61.80) is currently been holding support on the daily closes. This is one of Bitcoins absolute favorite fib levels to reverse trend at so it is definitely probably that we could bounce back up from here...if not and we also fail to maintain the 7777 horizontal as support the next likely support is the horizontal around 7428 or so...if we were to go down that far before reversing back upward we would start painting the 2nd shoulder of a very symmetrical textbook looking inverse head and shoulder pattern on the weekly chart that would have a breakout target of 14k. However, if we were to reverse the trend here at the golden fib and go up from here it would also still be a valid inverse head and shoulders the second shoulder just wouldn't be quite as symmetrical. Ultimately as long as we don't dip below 6.3k before finally seeing a trend reversal back upward we will secure our follow up daily higher low after having our first daily chart higher high in awhile which would still be a bullish sign and keep the macro price action in the bulls control. Even if we dipped all the way to our previous low we would still have a double bottom in play that would have the same breakout target as the inverse head and shoulders would...as long as we don't go below 6.3k the bulls still have control but I think we will either see the golden fib maintain support or the 7428 horizontal with the absolute worse case scenario being we dip back to 6.3 and bounce to validate a double bottom. As always this is not financial advice but I personally will be laddering in small buys each rung down, dollar cost averaging/ buying the dip.
BITSTAMP:BTCUSD
by DrDovetail
The Golden FIB Bottom - 10 Reasons Why Bitcoin is Bottomed Out !Hello, These are my 10 Reasons why I think BTC is Bottomed out ! I am a huge bear when it comes to Bitcoin and I believe I am not alone anymore, the possibility of Bitcoin going lower has actually kind of became mainstream. The problem is that people always look at what happened in the past to predict the future, as this crypto space got bigger alot of investors and traders als got more mature. Almost every investor knows the saying sell the news, and with the CME crash in 2017 people are scared of what BAKKT will bring us. Everyone in the world is predicting a pullback to atleast the 8K region so why would it go there ? Don't forget that I was a big bear before this (look at my recent post where i called top 12K). Here are my 10 reasons why I think Bitcoin is bottomed out 1. Monthly RSI Trendline Bounce 2. Daily RSI Trendline Bounce 3. Monthly Golden FIB Bounce 4. Fake Out ! (Pumps right back and gets supported on REAL trendline) 5. Perfect 100 Daily MA Bounce (Retest) 6. Perfect Close Above Daily EMA RIBBON 7. Perfect 0.236 FIB Bounce 8. 3 Monthly Red Candles (3 Red Monthly will confirm Bear Market!) 9. Bakkt Launches 23 September (Buy the news this time ;)? ) 10. Apply Own Reason Here :)
BITMEX:BTCUSD.PLong
by themarketdog
6