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Goldenpocket

IMM 50% BREAK!!Immutep Ltd is a biotechnology company working primarily in the field of cancer immunotherapy using the LAG3 immune control mechanism. The company was originally built on CVac, a therapeutic cancer vaccine. Break out of ascending Triangle confirms, Targeting Supply @ 0.30 - Ascending Triangle Confirms - 4th touch on Fib .236 breaks - Measured move lines up with Supply - RR 3.33:1 - Supply sitting in the Golden Pocket - MACD still spread BUT starting to turn - Ichimoku BULLISH and clear to run Aware of the GAP at 0.15 - 0.165 but with more positive news it will stay unfilled for the foreseeable future. Also Bearish Divergence on the 4HR but again I do not think it is strong enough currently. These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
ASX:IMMLong
by Trader_Johnni
2
AFTERPAY - NEW ATH or 50% RETRACE?AFTERPAY (ASX:APT) New ATH or in need of a retrace (A sign of darker times ahead though IMO) 3 Scenarios to play out in the next week. 1: Now that we have popped back into long term uptrend and with the amount of people using the service due to Covid-19 (with no end in site) $50 mark looking very achievable. -Current Support holding -Bouncing off long term Uptrend Trendline -Covid-19 still taking its toll on the world -Fib Extension 1.272 within Rising Wedge -New ATH territory -Volume still present in the market 2: After a 440% run wheres the retrace?? Is now the time? (Short Term Retrace) -440% run without a retrace -Covid-19 Restrictions 'Softening' -MACD Death Cross inbound -RSI Overbought Territory -Fib Retrace .236 within reach -Parabolic Uptrend will crack -Healthy market run needs good market structure 3: A larger retrace is required - Punch through the Fib .236 and head for the .382 & Strong Equilibrium -Fill GAP between .236 - .382 -MACD Cross and Spread -Crack RSI uptrend -New Market Structure will form LL, LH -Parabolic trend will break A Revolutionary Company that was founded 5 Years ago. with over 40,000 Merchants Worldwide and 7 million users and GROWING, Afterpay has smashed the market post Covid-19 dump with a full retrace as their platform has capitalised on the state of the Global Economy during this time (Someone had to) with over $250 Million in Revenue (JUNE 2019) in excited to see what the End of Financial Year brings for APT. These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
A
by Trader_Johnni
1
Z1P : 20% BREAK INCOMING! ZIP CO LIMITED (ASX:Z1P) has bounced back significantly well after the market dump in FEB/MAR, as have all lending services due to the job losses/ government surpluses around the world. When the market reopens on monday I can see a couple of things happening. 1: WE crack this 'strong equilibrium' as price action continues up the trendline and get squeezed into the corner, 20% TARGET - Respecting Uptrend - Buyer Volume Present -Covid19 crisis still taking a toll on the economy (People still borrowing) If we do break the equilibrium my next target would be the 4.14 Equilibrium. Careful though as 'Bearish Divergence' could follow. 2: The Resistance holds and we break trend, returning to 'Previous Support' 10% TARGET -Uptrend Trendline Breaks -Double Top Confirms -MACD crosses -.236 Fib Breaks 3: Previous Support Fails and we fall to 2.84 Support. 15% TARGET -Breaks .236 & .382 Fibs -Healthy Retrace after 230% move -MACD will have crossed -Center BB will have failed NOTE: There is an OPEN GAP sitting inside the 'Golden Pocket'. Do not be surprised if we see this fill. Offering simple interest free and flexible repayment options, Strong Retail Affiliations and having an App in the Top 10 of Google Play and Apple, it's easy to see why Z1P is doing so well. They are up $45Million in revenue and have nearly cracked 2 Million Users. These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
ASX:ZIP
by Trader_Johnni
1
Pullback Expected | Long SetupAfter successfully breaking out of our descending trendline, we will now be looking to potentially retest it. Currently, the market is trending within a respectable parallel channel. A zone of confluence is created when the previous broken trendline and the current ascending trendline, meet each other. Furthermore, we have a clear 0.618 Fib retracement - lying right in between the two trendlines creating this "golden pocket", where we could consider opening a long position.
Long
by Proszi
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
Resistance at trendline, retrace to Golden PocketThis is six times now that we've interacted with this trend line. Our latest $1K+ run-up since last week has been parabolic; volume is diminishing; RSI is in overbought territory--I think there is a good probability of a retrace down to one of the Golden Pockets identified on the chart. The Lesser Golden Pocket is measured from the run-up starting around $8265, and I've marked that Golden Pocket at $8679. A larger retrace to the Greater Golden Pocket measured from around $6850 would be to $7786; but, it seems that all of the work the Bulls have put in to get out of the descending channel and, now, above the daily 200MA wouldn't be given up that easily. I am out of the market, waiting patiently for the retrace. However, I would gladly flip bull, if we get confirmation of a higher high on the weekly above the range of $9550-9750. Stay safe. Wash your hands. Wear a mask in public.
BYBIT:BTCUSD.P
by AdamGoodwin
DASH Golden Pocket| EMA Cross| Higher LowHello Traders! Today’s chart update will be on DASH which has respected the golden pocket Fibonacci retracement level and is putting in a potential higher low. Points to consider, - Bullish Trend - Fibonacci levels respected (Golden Pocket) - Stochastics in upper regions - RSI respecting trend (Bullish Divergence) - EMA’s cross bullish - Volume increase required DASH is putting in a potential new higher low as it tests its up trending line, which has held true at current given time. Fibonacci levels such as the; .618 & .650 (golden pocket), held true, DASH has bounced of this zone, signalling strong buy pressure. Stochastics currently in upper regions, can stay trading here for an extended period of time, however lots of stored momentum to the downside. RSI respecting its trend line, diverging from price (bullish divergence), as it makes higher lows whilst the price makes lower lows. EMA’s crossed bullish, must hold price as support when testing key levels to maintain a bullish bias. Volume needs to increase for follow through, otherwise a fake out will be imminent from current levels. Overall, in my opinion, DASH will continue this upside potential as long as bull volume comes to fruition whilst the EMA’s acts as support. What are your thoughts? Please leave a like and comment, And remember, “Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
by AzizKhanZamani
2
Bitcoin - Big players are using these levels, so why not you? Before reading, please show me some love by liking and commenting! It's free, so why not? In this post I want to show you the power of the Golden Pocket (0.618 -0.65 Fibonacci retracement). After one year in a downtrend, we finally saw that price increased and reached a high of $13920 on Bitmex. But why did the price stop exactly at this level? For those who think that TA is not working, here is the answer: Fibonacci is a fantastic tool that works in all markets of the world, and when you understand how to use it, it make the difference between an amateur and a pro trader. In this example, since we are looking for a short opportunity, we just took the high that we reached the 11 December 2017 and the low of 10 December 2018. And what do you notice? Yes, price stopped exactly at this Golden Pocket. Is this a coincidence? Not at all. Why this level is very important and why do you see price rejection most of the time at this level? Because big players are using it, financial institutions with large capitals that have very complex trading algorithm use it every single day, whether it is for scalping, day trading or swing trading. Now when using the Golden Pocket we don't want to blindly long or short at this level. What we are looking for is confluence with at least something else. In this case, what made this trade a high probability one is the fact that the Golden pocket was sitting exactly at the previous weekly level of $13873 (previous support that became resistance) which is enough of a confluence to take the trade. Big players are using those levels, so why not you? If you love this content please support me by sharing, commenting and following me! Thank you and ... Have an amazing day!
BITMEX:BTCUSD.PEducation
by DMG_Intelligence
BTC is a showing us something - You need to check this chartBefore reading please show me some love by liking my post and following me - it's FREE and easy, so why not :) Bitcoin is showing some interesting things. Each time we had a impulsive move upward, take a look at where price stopped (before continuation down). Yes exactly at the Golden Pocket (between the 0.618 and 0.65) Fibonacci. Is that a coincidence? I don't think so as this zone is very often acting as support or resistance depending on the trend direction and TF. Bitcoin price is exactly at the golden now! Will this time be different than the past 2 rejections? I don't think so as we are still in a downtrend (big picture) without higher highs + where can see some bearish divergence in the 4H and a descending volume. 2 options now: 1) Aggressive: Start to build a position with a SL 2% above the previous wick and add more when the price shows more bearish signs. 2) Conservative: Wait for a nice red daily candle to start building your position. Please encourage me by commenting below if you agree or disagree with my analysis and I will continue posting every day! Thank you,
BITMEX:BTCUSD.PShort
by DMG_Intelligence
38
How High Will BTC's Rally Go?How high will Bitcoin's rally go? Well no one knows. But here are two levels to watch.... We have significance confluence of fib levels based off the major highs and lows from the last two years. The Golden Pocket level has been very significant in both directions. We also have confluence of a third Golden Pocket with the downwards sloping resistance. I agree with Crypto Sniper Francis Hunt that these rallies are like mini after shocks from the 2017 euphoria. What we are seeing is probably a new smaller rally within a long term continuation pattern, rather than the beginning of a new macro bull move. The new local high probably will not reach 2019 highs. If the Golden Pocket is respected a third time we could be looking in the region of $11.4k, but we will see a lot of resistance on the way plus another key level at the 0.5 line around $10.2k. Or it could reverse later today and make a new bottom. Be prepared either way :)
COINBASE:BTCUSDLong
by mastaplan
Whale Reaccumulation Zone?Pattern suggests possible reaccumulation by a handful of whales on Bitfinex, where Longs skyrocket to all time highs on taps to the .618 and .65 retraces of the macro bull run which began back in April. Meanwhile funding rate on Bitmex remains fairly neutral, suggesting the Longs are from Bitfinex only. A long squeeze, if it happens, may not kick in fully unless we break the local low of $6618 (on Bitfinex). I remain short, but finding reasons to be careful.
BITFINEX:BTCUSDShort
by mastaplan
BTC 2019-11-22 - Golden Pocket and Lower Channel ValidationHey guys, I hope this post finds you all well and trading safely. I just wanted to post this update about BTC's unexpected movements recently. From reading the other TV posts, there's been a lot of talk about the support levels and bounce zones. I haven't seen another post on the Golden Pocket 0.65 fib yet, so here we are. We just reached this level this morning on 11-22-2019. This move was TOTALLY unexpected this soon, and I caution you all to trade well and use extreme risk management. However, I have been holding shorts since $9.4k and uncertain of what to do since we had not seen any majorly bullish action on the RSI while STOCH stayed extremely low on longer time frames. This is where I am now looking to close my short positions. Future: There is NOT much historical support near and around these levels and it kind of feels like the markets are suspended in midair at the moment. However, with a move down this large, watch for a nice bounce back. This should show itself in the RSI trend line as a lower high with a lower low/same price as far as price action. Be cautious when entering longs as this point without confirmation. Happy trading! I am a simple market analyst - not a financial analyst fortis Fortuna adiuvat - fortune favors the brave
BITSTAMP:BTCUSD
by jollygreen