Harmonic with time entries. Among all the chaos, watching to see if this plays out. Monthly support at approx. 141 which makes for a nice pivot point to the upside. 139.50 I wouldn't be surprised to hit that on the C. Time Fib ABB breakout expected point 1 fib. Time Fib ABC extension and high probability August at 1.27 XD. Courtesy Chart Champions. <3 My...
Gartley from previous POC to high .. Given previus post and possible lack of time. Drawn the harmonic and will explain. For the interim see www.investopedia.com
BTC Future Ideas for Value Area High and Value Area Low with PoC
Given it's all markets factored in - not sure if tech analysis works here but.. Fib extension right? Keep it simple. Quick look at fib extension and levels look respected given support resistance.
Learn about Volume Profiles Learn about Point of Control (Poc) Learn about Value Area Highs (vAH) Learn about Value Area Lows(vAL) See how awesome volume profile from the first low to the last lower high in 2021 correlates to support and resistance levels > than 2021.
Ending diagonal BTC v USDT lead into a Bull Trap. Probable build up to a bull trap and Elliott wave down trend, See previous post. Gartley = Positive but can only know when we have more data. Trade safely.
Possible Harmonic .. Looking for a rejection at 0.5 before an uptrend. There's a bull flag in there too. Technically expecting another dip with an impulse to the upside. Play it how it is when it is.
Butterfly gartley .. Breakout above 0.88 above will show more buying which would invalidate the pattern. Probably why you draw the pattern in the first place right?
Based of my last 2 previous posts. An interesting scenario, XABCD pattern.
To further my last post on the fib resistance fan. What I think is an Elliott Wave count, focusing on the end part more so. Looking for an Ending Diagonal breakout about the last wave 4.
Continuous downtrend ETH v BTC.. A probable breakout using speed resistance fan. ETH the underdog at the moment however, strength above 0.75 could be a trend turn. One to keep an eye out in my opinion.
A recent pullback from the weekend uptrend has posed a perfect opportunity for a Bullish Gartley Harmonic pattern formation. Key levels to hold (B) 26,850. Move will be invalidated should we lose this level. Possible sell entry, 0.618 fib extension from (A) to (B) or even (C) to (B) .. C to B first for rejection. Gartley is not a sure indicator for price targets...
BTCUSDT - Price Analysis Week Ending 28 May 2023 Trading flat channel 26,300 low to 27,400. Nice breakout from middle of the channel, both flat and descending. Resistance levels - Massive daily (3d time frame) at 27,230 and nPoc at 27,300 as well as 0.618 resistance. - Weekly 27,572 - Point of control of visible range at 28k Support levels - Local support...