CryptoSlots777

CryptoSlots777

Head and shoulders forming on the EURAUD Looks very similar to the EURUSD in 2021. On daily it is at resistance.

CryptoSlots777

Consolidation for ~28 weeks in a range between 24$ and 30$. We broke out can previous resistance turn support ? Weekly RSI showing bullish divergence with higher RSI lows and same price lows. High risk reward ration with two targets. SL: ~30$ TP 1: ~35.5$ TP 2: ~37.9$

CryptoSlots777 Updated 

Double bottom in falling wedge on BTCUSDT on daily ? Confirmation over 24.4k-25.3k range. 1. Double bottom target is 32k 2. Second target should be the 0.786,0.886 fib zone of previous wave down B-C 3. 56k final measured move of the falling wedge. The stop loss should be around the 19k level

CryptoSlots777

From the high 69k to Covid crash using the Fibonacci Retracement tools we can see that we hit the 0.786 (~17.7K) and bounced. If we use the Fibonacci levels on the waves up and down we can see some nice confluence in levels. The first wave down from 69k to ~32.9k has a fib extension 1.618 that lines up with the 0.886 level. 10k-11k range, the strongest support...

CryptoSlots777

Do we see ETH back at 1300$ ? What I don't like about this chart is that wave 3 to 4 goes under the first wave. No bearish divergence edge. Stop loss should be above 2159$ the low from 24 Jan 2022. TP1 ~1630$ RRR 2.3 TP2 ~1515$ RRR 3 TP3 ~1297$ RRR 4.3

CryptoSlots777

Falling wedge on daily Bullish divergence on MACD and a small divergence RSI SL at ~59$ TP1 ~94.8$ TP2 ~116$ TP3 ~155$ RRR minimum 2.49

CryptoSlots777 Updated 

Waiting for wave 5 inside a "bullish" falling wedge. "Resistance" looks like "support" now. We could "fall lower" to 61k but we seem to be forming a "higher low". Important support/resistance 61k , 41.3k , 36.6k, 29.2k I've added two channels from recent price action. In case of breakout from the wedge the first stop could be the "top" of the channel at first...

CryptoSlots777

12345 Wave 5 ended ? We should see a ABC soon. Forming small falling wedge Each wave extension hit 1.618/2 fib levels and 0.5/0.618 RSI Breakout should confirm bullish divergence.

CryptoSlots777 Updated 

Support on ALGO touched. Easy to put a stop loss with massive potential gains. SL should be around 0.67$ Inverted Head & shoulders on daily. Hidden bull divergence on MACD histogram and RSI on daily. 4H showing a partial decline with 3 rising valleys with hidden bull on MACD. 1.54$ is the first level second should be 1.83$ 50% fib level.

CryptoSlots777

Daily showing divergence on RSI and MACD The Weekly is not showing divergence yet. So I'm guessing we will see our first reaction here. The EUR should show some strength here. So short the USD long the EUR ? Look for the 886 for resistance on bounce.

CryptoSlots777 Updated 

One of the biggest gainers in the past month. 320% in 25 days. Inside a rising wedge 5 waves should be followed by ABC. Daily RSI in overbought and in bearish divergence. TP1: ~24.5$ TP2: ~21.4$ TP3: ~19$ SL: 35$ It could go higher and touch the upper resistance of the wedge. That will result in a 4H bearish divergence. Very good risk reward ration.

CryptoSlots777 Updated 

Multiple Divergence daily 4H and 1H. Daily most likely a double top at 0.886 Fib level SL should be above 3.18$ TP should be above 2.54$ Good risk reward of 9.

CryptoSlots777

Bearish harmonic formed on daily. TP1 should be B of Harmonic ~74$ TP2 should be just above A ~63$ SL should be around 83$ Risk Reward Ratio 7 on first TP.

CryptoSlots777

BTC should find some support here Target should be previous support that should turn to resistance around 4400$

CryptoSlots777

Double bottom target almost reached. Confluence with Fibonacci level 0.618 97.727. We broke out of a continuation triangle and attempting a retest. Target of the triangle is the target for the 0.618 level and the double bottom target. We should check RSI for a bearish divergence on daily.

CryptoSlots777

Entry: 18.63$ SL: 17.93$ TP: ~24$ Very good risk reward.

CryptoSlots777 Updated 

This idea will present multiple aspects of what BTC price action is doing. Each aspect will be broken down in different snapshots so that at the end we have a understanding of the greater picture. Elliot Wave & Fibonacci The assumption is that each correction wave will bounce from the 0.5 0.618 Fibonacci levels. The levels should have confluence with...

CryptoSlots777 Updated 

Double bottom on the daily looks real on inverted chart. Neckline is 1700$ 3174$ Will be tested as support. If this level does not hold we will retest 2200$.