Right now price is at the .618 Fib line Consolidating flag. Possible W formation Support & Resistance
Coming to consolidation for bear flag Bearish W formation TP at .618 Fib
This trade looks it has multiple points that reach the 61.8 mark on Fibonacci which shows a new support level. Can anyone share any thoughts on this? Thanks!
I've been a hodler for this token for about a month now. Any thoughts?
Based on the pattern being a Head & Shoulders pattern Almost at the fib 61.8 resistance line Lower highers and lower lows Will be shorting and TP is completing the right shoulder. Next TP is will be the 161.8 fib extension level which will bring the second trades stop loss at break even. Happy trading!
This indicates a Short trade Entry Price @ 112.920 Take Profit @ 108.911 = +4009 points Stop Lose @ 114.554 = -1634 points OR Closes out of the trend line Ratio 1:1.97 Disclaimer, I am not responsible for any loses for this trade. Place trades based on your own knowledge.
This indicates a Short trade Entry Price @ 0.77786 Take Profit @ 0.75909 = +1877 points Stop Lose @ 0.78779 = -993 points Ratio 1:1.89 Disclaimer, I am not responsible for any loses for this trade. Place trades based on your own knowledge.
This indicates a Long trade Entry Price @ 1.29674 Take Profit @ 1.36574 = +6895 points Stop Lose @ 1.27537 = -2142 points Ratio 1:3.22 Disclaimer, I am not responsible for any loses for this trade. Place trades based on your own knowledge.
This indicates a Long trade Entry Price @ 0.70050 Take Profit @ 0.71690 = +1666 points Stop Lose @ 0.69037 = -1040 points Ratio 1:1.6 Disclaimer, I am not responsible for any loses for this trade. Place trades based on your own knowledge.
Based off the 2 Fibonacci Retracements matches as well as Support trendline bounce Entered @ 1.28766 TP @ 1.29400 SL @ 1.28365
Based off of Fib lines, trend lines and support & resistance This will go up to the 61.8 extension which is the resistance on the daily chart.
Based on Fib Lines, Trend and support and resistance lines It is respecting the lower support line and is bouncing off/respecting the .786 fib level. As an extension the next resistance I have is .382 level. TP @ 111.7 Happy trading! :-)