EthanTW

EthanTW Updated 

BYBIT:ETHUSD 4H trend chart - 1. Resistance Recently, ETHUSD has vibration in an invert Fibonacci retracement. Floor of Blue Darvas box and Fib(1) show a resistance currently, so the price might try to touch Fib(1.382) around 2549.15 in future. 2. Support After price touched Fib(1.272) and Vegas tunnel_676ema , it rallied back rapidly. ETCUSD is still...

EthanTW

BYBIT:DOTUSDT 4H trend chart - From 9/22, Price rallied back to 33.495 which level is the invert Fibonacci retracement(0.382) after touching 25.505 Then pullback is ongoing and form a Head and Shoulders pattern. Currently, observe price will fall down 25.505, which is Neckline of H&S. If there is a candlestick get down through the neckline, H&S pattern is...

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BYBIT:BTCUSD 4H trend chart - After Head and Shoulders pattern completed, price rapidly pulled back to 39500(around Fib(1.382)) We could see the Neckline from Head and Shoulders formed a Resistance zone for BTC currently. On the other hand, should note that Fibonacci retracement_1.382 and Vegas tunnel_576/676ema showed a support level. Next, we regard it as a...

EthanTW

BYBIT:BTCUSD 1H trend chart After price touched Fib(0.5), price had broken out 1st downtrend and it rallied back to Fib(0.618) which is 43977. Meanwhile, Fib(0.618) is also a support level in previous price vibration So consider it as a support zone. Now, expect BTC could consolidate between 2nd downtrend and support zone further form a descending triangle,...

EthanTW

TWSE:4927 4H trend chart Long: 1)Vegas tunnel_144/169 had a support 2)Price rally Fib(0.382) support level 3) Breaks out downtrend line 4) Breaks out 12ema Profit Targets: a) 74.2-----Fib(1) b) 79.8~82.1-----Fib(1.272~1.382) Stop losses: a) 64.9-----previous lows

EthanTW

TWSE:6756 4H trend chart There is an obvious Cup and Handle 9/17 Handle Downtrend breakout Next challenge: 530~540_above downtrend and Fib(1) Hold firm above 540 is better. So if breaks above resistance and hold steady, trading plan as below: Profit Targets: a) 587~606-----Fib(1.272~1.382) b) 712-----Fib(2) Stop losses: a) 454-----Fib(0.5)

EthanTW

BYBIT:ETHUSD 4H trend chart Long: 1)Vegas tunnel_576/676 had a support for price 2)Price rally Fib(0.382) level 3) Breaks out downtrend line 4) Breaks out 12ema But should note the above downtrend resistance. Profit Targets: a) 4037-----Fib(1) b) 4550~4758-----Fib(1.272~1.382) Stop losses: a) 2642-----previous lows