Every move in a price chart starts with an ''Impulse'', imagine it like a ''Pebble''. When the Pebble hits water it creates ''Ripples'' that are captured by the Fib Series. Each Ripple has equal distances between peaks and troughs, or what I call the ''Pulse''. Each Line has Gravity . Each Line must be Tested. Each Line has a Personality. 2 line...
UC approaching a couple of support zones. If these zones do not bounce the price, then it will head much lower. Watching closely.
Every move in a price chart starts with an ''Impulse'', imagine it like a ''Pebble''. When the Pebble hits water it creates ''Ripples'' that are captured by the Fib Series. Each Ripple has equal distances between peaks and troughs, or what I call the ''Pulse''. Each Line has Gravity . Each Line must be Tested. Each Line has a Personality. Every Asset...
Every move in a price chart starts with an ''Impulse'', imagine it like a ''Pebble''. When the Pebble hits water it creates ''Ripples'' that are captured by the Fib Series. Each Ripple has equal distances between peaks and troughs, or what I call the ''Pulse''. Each Line has Gravity . Each Line must be Tested. Each Line has a Personality. Every Asset Class...
Here is a Fib extension series you don't see very often. Each major line is 1.618x (Golden Ratio) the previous. Each minor line is 1.236x or 1.382x the last major line. The ever expanding Ripples show continuous ACCELERATION. Linear is more common, meaning VELOCITY but no acceleration. Acceleration proves the existence of a continuous FORCE. The DURATION of the...
Here is a scenario that is plausible given the recent EW and Fib behavior. Pattern wise, we are currently in a triangle, which could break either way. But being a bull, I have to plot a path upwards, with close stop losses. We could be on the verge of a wave 3 of 3 of 3: the KILLER entry. Of course, such a plot this early in the move is probably WAY off. But,...
This an update to be continuous study of Ethereum since its bottom (in theory). The above chart was created using this process: First we have Blue ''Pulse'' fib setting the root increments of price movement On larger scale, we have this Green ''Wave'' Fib defining the larger structures Next, measuring the move down, we have Red ''Relaxation'' Fib with it own...
AU looks ripe for a short, waiting for a lower low on small tf. We all saw the Flash Crash in AUD and YEN pairs, and we have seen it pretty much erased. Now the pairs should return to their ongoing trend, and in this case it is downtrend. This assumes NO Good News about the US - China trade war. But even good news should only cause a minor spike. China econ...
ETH broke above my ''line in the sand'' at 152.74 per my last posted analysis below. BUT, I do not think it was ready to break up yet. Bitcoin spiked on Weiss news and dragged ETH along. ETH did not rise as much as Bitcoin, and stopped sooner. Also, the Fib extensions of the spike in Ether were not as powerful. As a result, we have created some new...
Tale of Two Fibs (by Two) First there was this Blue Fib. It was born at bottom of a pit. It had a strong heart with rhythm. Then came the Green Fib. It was born in Blue Fib's lap. It had strong legs with energy. Then came the Purple Fib. Born from Blue and Green. It had an OK start in life. Then came the Golden Fib. Born of three sets of Genes. It...
A Tale of Two Fibs First there was this Blue Fib. It was born at bottom of a pit. It had a strong heart with rhythm. Then came the Green Fib. It was born in Blue Fib's lap. It had strong legs with energy. Then came the Purple Fib. Born from Blue and Green. It had an OK start in life. Every Fib gave what it had. Every push was with intent. Every...
Looks like an ABC correction might be done. The key price is 152.74 at the green 3.618 Fib. That Fib has been in control of the entire move . If bulls can break and hold (prove as support) that 3.618 then next leg up should start. . Background : My ETH journey started a Fib observation from the bottom Once that played out, I was looking for the retrace...
A Tale of Two Fibs First there was this Blue Fib. It was born at bottom of a pit. It had a strong heart with rhythm. Then came the Green Fib. It was born in Blue Fib's lap. It had strong legs with energy. To be continued ... .
ETH topped at the Green 4.236 fib extension. I did not have time to post an idea, but I mentioned its top in Crypto Chat as seen at this link: www.tradingview.com Now looking for support zones. Upon measuring the first dip from the 4.236, the green zones in live chart above are what I see for possbile re-buy. . Background : My ETH journey started a Fib...
This is a current example of TV's free ''Pivot Points Standard'' indicator. All of those Pivot lines are drawn at the beginning of each period. They do not 'repaint' like most other indicators, making for good targets. Last week was a perfect Pivot trade, weekly R1 to S1, a common swing. This week the Monthly (new for Jan.) Pivot was found to be support. So it is...
Zones plotted based on Fib confluences. Drag PRICE scale DOWN to shrink vertically and see zones above and below curent window. Drag TIME scale RIGHT to shrink horizontally and see source of the Fib lines on the chart.
Just a quick plot. Fib seems to fit so perfectly, just had to post it. If it plays out, would be significant as a new local high. BUT, wave 5's are notoriously unreliable, and usually not strong enough to pass previous resistance.
XMR/BTC is at the end of three orders of down waves. Might be a good time to move some Bitcoin into Monero. It could of course go lower, but it should bounce some here. Red 4.236 I think was the bottom. Purple 3.618 adds a support later. Blue fib series fine tunes last wave. Also see my related Pivot Points idea. We mighthave a confluence of support. Perhaps...