UnknownUnicorn1935796

UnknownUnicorn1935796

There is a larger inverse fibonacci at play- one which the 618 fib lines with a former price level on the week chart. On the daily, the price is trading in a channel, where a healthy retrace to the 618 on the non-inverse fib lines with the bottom of that channel.

UnknownUnicorn1935796

Next support not till #39- the extension on an inverse fib on the daily. There's barely been a sufficient 38% pullback on the move to make it to that extension though, so I think the pullback will happen first. I'm choosing the 50% inverse fib level as the target, since that most closely lines with the body of the candles on the month chart. Also, stoch RSI on...

UnknownUnicorn1935796

Based on price levels/support&resistance & fibonacci's that somewhat align. This is obviously just an idea, to scout possible overall movement. Definitely not trading advice. I thought it'd be interesting to post it now well in advance to see how accurate it plays out. I've been sort of "reverse engineering" my trades here as of late, and this tests that...

UnknownUnicorn1935796

Looks like the price action is in need of some type of pullback before falling all the way to the next major support area around $4. When you look at the fib sequence that I've got placed over the price action, you can see where the 618 extension on the inverse fib lines perfectly with the last price level that is now acting as resistance, that it makes sense we'd...

UnknownUnicorn1935796

DDX looks like it's run out of inverse fibonacci extensions.. time to find some new ones! The best way? By the price pumping to the trend line & creating a high fib to work our way down from. The price has gotten a big clogged out at the bottom, with not enough room to work our way down. So up we go! And then down. At least, I think... Possible scenario!

UnknownUnicorn1935796

Two scenarios here.. but first! First we touch the fibonacci extension down at .226 From there, I anticipate a bounce up to either the 38%, 50%, or 68% retrace levels of the inverse fib. From there: Scenario A: If the 88% level is broken, I think it's safe to say the bottom is in and PERP is now officially back in bullish territory. Scenario B: If the 88%...

UnknownUnicorn1935796

Based on inverse fibonacci. You can see where the 227 extension had a price reaction previously, showing this fibonacci is clearly in play.

UnknownUnicorn1935796

Inverse fibonacci at play- en route to - 618 extension / rebound there, meet newly formed MA & reject- head to -1.618 extension, rebound, come up, reverse 100MA/200MA cross, break through long-term trend line, come back down & touch it, fire off of it for support.

UnknownUnicorn1935796

Hi all. Scroll down for the market analysis & skip all my anecdotal barf if you so choose! :) I have been trading a handful of years now, really for the last two full-time, and quite frankly, I'm just wondering how everyone is doing right now? I'm going to tell you how I'm doing, where I'm at for the year, a brief synopsis of how I arrived here, and then most...

UnknownUnicorn1935796

Looks like the 100 MA on the daily chart is curling sharply upward, about to cross the 200 MA. The price is still below the 200MA on the USDT chart but I would expect the price would begin to pump there once this chart took off as well. They seem to basically be moving in tandem.

UnknownUnicorn1935796

I'm eyeing both the BTC & USDT pairing of COMP (Compound), which, although a little different, seem to be telling a similar story. COMPBTC in particular has my attention because the price has finally made it's way over the 200 MA on the day chart, which is huge. All the MA's are curling up nicely under the price, and it's making me think we've got just a few more...

UnknownUnicorn1935796

The overall pattern is a massive inverse fibonacci that's had a 227 touch followed by consolidation, & now, a higher low. The price will, I suspect, now form a regular fibonacci and touch the extension marked, which lines with the last price level on the small time frame. I suspect it will retrace there slightly, then continue up further. My ultimate target (in...

UnknownUnicorn1935796

Like with most charts, I like to zoom all the way out to the monthly to see the larger picture at play. Here, it looks to be like there is a large inverse fibonacci retracement happening, in which the price has already hit the 227 extension. Combined with this, it looks as if the price has fallen within this large wedge, of which the month of July broke out of....

UnknownUnicorn1935796

This chart is so interesting. You can really get such a good idea from looking at the 3 month time frame, and how the lower moving averages have some catching up to do with the price. However, there are also several smaller time frame moving averages pushing tightly against the price, as well as (previously mentioned), a trend line breakthrough, a retouch, and a...

UnknownUnicorn1935796

618 fibonacci extension- former trendline break came back down & touched it went down as far as we could but held up by MA's inverse fibonacci in play on overall long term chart almost to lower extension held up by all MA's on daily & 4hr *Not trading advice.

UnknownUnicorn1935796

I realize it's a stretch.. however, the price is heavily supported by MA's & the inverse fib levels are *nearly*- not all the way- bottomed out. *Not trading advice.

UnknownUnicorn1935796

This chart is similar to the chart for WISH, in my opinion. Similar, yet holds a few critical differences- primarily, the trend line placement & consolidation since March 29th. It looks to me like the price consolidated in this wedge, is being held up, formed a bull flag, came back down to touch it, & in doing so has consolidated further on the fib levels of a...

UnknownUnicorn1935796

Upper fibonacci extension lining with MA on the weekly. All MA's curling up tightly on the day, hour, and 4hr. $35 "soft target", $43 "aggressive- for short term, that is. *Not trading advice.