ACarruba

ACarruba

Let’s dive into what’s happening with COINBASE:XRPUSD right now and why this could be an exciting moment! Here's what I’m seeing: 🔍 Key Levels on the Chart: The price has recently consolidated within the Golden Zone (based on Fibonacci retracement) from $2.70 down to $1.95. Before this, XRP consolidated in the previous Golden Zone created from the $1.30 to...

ACarruba

This NYSE:XOM chart is looking really solid for a potential bounce! Here’s why: Strong Support: The price has pulled back to a key area near the 50% and 61.8% Fibonacci retracement levels. These levels often act as a strong base for a reversal. Trendline Holding: There’s a long-term upward trendline right under the current price, adding extra...

ACarruba

The pattern is pretty easy to see here. Fibs work especially that 50-61.8 zone. That is the Golden Zone. AMEX:SPY

ACarruba

Do we see a rally from this area? around $93,100 is the 50 EMA on the Daily. Seems to have held up well in the past. If we close below this on a daily we could be heading lower. Next 48 Hour will be telling. BITSTAMP:BTCUSD

ACarruba

Looks good for a bounce on AMEX:SPY once it comes into this GZ area.

ACarruba

Beautiful bounce of this Golden Zone level. Let's see what NASDAQ:COIN does

ACarruba Updated 

NASDAQ:NVDA is at the top of the current Golden Zone. If it can stay above this zone, I like the continuation back to all time highs. Watching the close today.

ACarruba Updated 

NASDAQ:DJT looks like it is tying to make its way out of the lower Golden Zone. Assuming 34.75 holds this will retest 41.50-42 Area. Let's see what happens.

ACarruba

NASDAQ:MU This is looking like it could go with earnings. If there is some good news MU could break through this Golden Zone and head back to ATH. If we get another Rejection at the bottom of that Zone. We could be heading back down. Either way chart looks good for a play.

ACarruba

AMEX:SPY has pulled back to the most recent GZ. Looking for a bounce and continuation if it stays in/above this zone.

ACarruba

I could see it test the bottom of the Golden zone overnight around 2.27. If that holds it will make a higher low and start making its way back up to test the high. Lets see where she goes.

ACarruba

There is still some room down but not a bad spot to start averaging in. If it breaks below the zone I would look at a stop. Trade Safe!!!

ACarruba Updated 

Based on the Fibs i think it can retrace back up. Had to have a pull back.

ACarruba

If SMCI can break $48 i think she can get back to 70. I like using the Golden Zones in my TA which are really just Fibs. Lets See What She Does. PT $48, $61, $70 by Summer. There will certainly be dips along the way.

ACarruba

SMCI Right at the bottom of this Golden Zone around $34!

ACarruba

I like looking at the golden zones using fibs. I see the next major area around 82-83k