ETHUSD AT GOLDEN RATIOBe aware, ETHUSD is currently at the golden ratio
We are not blind
How Do I Use the Golden Pocket for Trading?
As stated, the golden pocket follows a price reversal. Using the golden pocket increases the likelihood of a good entry point. To use the golden pocket for an asset, information on previous price moves from the charts is the most essential tool.
Goldenratio
Bullish is coming | Long BiasChart 4H TF
Look at the picture, you will see Ripple BINANCE:XRPUSDT downed to the support 0.618 FibRe and now it's retesting the resistance at 0.68 but need break and close above descending trend line.
If this breakout is succeed, XRP will pullback to FVG around 0.625 that point to join
Wait a next move to decide
ETH is Setting up to Lose Over 90% of it's Litecoin ValueThe ETH/LTC pair is currently showing us Hidden Bearish Divergence at the 1.618 Fibonacci Extension after previously breaking below the trendline, and the next likely level is all the way down at 1.67 as there are no other major support levels to hold once it really starts to break down.
XAUUSD >>> Unfilled OrderXAUUSD is now likely to drop to the Unfilled Order area on 0.618 - 0.716 Fibonacci Retracement level before going up to the yellow line
#fibomic
#XAUUSD
XAUUSD >>> CorrectionXAUUSD make a secondary reaction in a XAB pattern. The downside target is 0.618 Fibonacci Retracement and the unfilled order area
#fibomic
#XAUUSD
Bitcoin Pullback MetricsThis is a comparison of historic fractal of pullback to current circumstance.
This particular system of patterns were crystalized after a annual fall, just like what we're at.
During whole year of decline there were no notable bullish waves collective minds are used to.
Then we saw:
We simply observed that assets like bitcoin fall in particular way unlike any assets I've encountered.
Bitcoin sure showed outstanding overall growth, however we have to note that it when economy was NOT under recession.
The captured cycles and their "frequency" are also relevant.
Reasons why I didn't use lowest point.
Chances of Repeating that shape fit in all proportions are just comedic. However I made this for practicing my favorite approach when it comes to determining maximum price based on fibonacci core wave measurements.
This is clearly a pullback and not yet to be qualified as bullrun, knowing about a year gap of flat or decline before 2024 real common fueled reason for collective minds to risk capital. We can't see parabolic shapes without common info-fuel that would stay in the narrative long enough to make it happen.
Right now we're just looking at pullback where we might see bullrun-like shapes if it grows any further. There is no predestined path, because the scenario unfolds by ongoing continuous market correcting itself to "equilibrium". However, we might get a glimpse because the metrics of candles already carry information on how exactly people were selling or buying (reacting) to flow of info.
According to configuration of historic TimeFibs wired to current wave, by March 11 it should have established its potential highest point consisting of fib sequence that are in quantum state acting as support and resistance levels unless broken with confident candles.
Passing above red means that market is changed to react to external factors such as, Russia buying bitcoin in big quantities to avoid sanctions or leaving records of restricted weapon sale or whatever.
When global rules, agreements and regulations are being violated and we see as the world becomes a dangerous place, people might find bitcoin's features more solid and safe for storing or transforming the wealth due to its decentralized system. Everybody now knows about bitcoin so hype is saturated. Especially when more advanced crypto with better system performance will outcompete old tech in the long run.
ALGO - Fib Time & Space Predictions using the Power of PyramidsALGO - Fib Time & Space Predictions using the Power of Pyramids
the length of each segment of the blue rektangles is equal to the time price spent inside of the price range of the pyramid (diamond)
so using pyramids give us knowledge about time AND space
that lower triangle caught my eye a while back and i had to leave it on there
interestingly it lines up well with the fib spiral
the angle of the center line of the pyramid tells us about the ratio of the blue rektangles
the golden ratio
and eureka!
the yellow lines are the fib time tool
the coordinates being the time price spent in the range of the pyramid
exactly matching my blue rektangles
Let's watch how this goes
GOLDEN ZONE - FibonacciHello guys! Take a look at how smoothly the market respects the Golden Zone on Fibonacci retracement levels. The Golden Zone or Golden Ratio is the area between 50% and 61.8% on retracement levels, which acts as a strong support zone. After an impulse, on the correction the price usually gets rejected by this zone and it continues its previous trend. However, if it is broken, there is a high change of a trend reversal, as we can see in this chart.
" GBPUSD " Wolfe Pattern And golden ZoneHello Trader's ,, Let's Explain Together The Movement For GBPUSD For Next Days ,, And What Will Happen ,,
We Can See On Chart 2 Reasons To Sell From This Area ,,
1- Wolfe Waves Pattern Done And Ready To Down
2- Golden Zone With Our secret Numbers On Chart
The Target And Stop Lose On Chart ,, Hope To Be Always In Profit With Us
Time Cycle of NasdaqWhat is time cycle ?
Cycles are derived from the High and Low of the price structure, they are cyclic in nature. It follows the pattern, Changes with time. Cycle analysis should be used in conjunction with other aspects of technical analysis to anticipate turning points.
Fibonacci pullback found to be 0.618 on previous two instances.
It depicts pullback trade, with upside of 13.50% over next 10 weeks.