Arcs, Circles And Spirals
BTCUSDT wants 47k 🦐The price retested 0.618 Fibonacci level on Monthly timeframe, and now the price is testing the previous support as new support, if the price will have a breakout, we can see a retest of 47k, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Ethereum crushing - New ATH multiple times daily????Ideas are in the video - sorry, LazyBear 😂, "Volume Accumulation Percentage Indicator" was the name I couldn't recall in the video. All three that were used in this chart are solid though. By far in my top 8 or so indicators to use in, basically any time-frame above 15 minutes. Please feel free to share your thoughts, feelings, possibly concerns - keep the secrets to yourself though.
ADAUSDTA path to climb 50% OF ADA
The chart shows that the trend has shown a lot of reactions to Fibonacci in the past, so it is predicted that these reactions will continue in the future, and based on this, I have shown a possible trend.
It should be noted that most people who are experts in digital currency have predicted a good and growing future for this currency.
COIN : LOSTCOIN seems to have lost its way this week.
After last weeks mostly horizontal movement which could have eventually lead to some modest ascension,
this week has proven that COIN is still struggling to find reliable horizontal support,
starting off at around $300, only to drop to $275, followed by $250.
Any significant upward price action has been met with heavy resistance,
followed by even more substantial downward price movement,
and each major peak has been lower than the previous.
The particular downward fib channel used in the chart
shows COIN barely managing to break the 0.236 fib,
and not being able to clear the 0.382 fib at all.
And as for the 0.236 fib showing any support once it's broken...
well, there hasn't been much of that either...
the zero fib line has been the only thing between COIN and the bottom of a deep ocean.
COIN ended the week like a bicycle with no one on it that was pushed down a long steep hill towards a ramp...
and while it did manage to hit the ramp and get some air, the finale was hardly thrilling... a jump to $264... about $14 above its all time low of $250.
As usual, I'll be keeping my eye on COIN.
Just watching it, charting it...
the lower it goes, the less expensive it will be if I were to make a move.
I still think that there is an opportunity to profit long long-term here...
it's just a matter of when.
// Durbtrade
The deciding point with a little range play.Here we can see some range play happening just under resistance on the weekly chart, this has been great for alts but we will likely see a shift in dominance once the range ends.
I've not put a direction on this as I'm seeing concerning signs on the monthly, but this weekly looks a chance to breakup with a bullish engulfing just under resistance as the range narrows.
Let me know your thoughts :)
BTC - Crucial days aheadAt the moment of typing this:
BTC is in the Equilibrium Zone of the Ichimoku Cloud.
BTC is below its 50EMA on the daily chart.
BTC has found support from its 100EMA.
BTC is below its Ichimoku Cloud Conversion Line (Tenkan Sen). The Conversion Line (Tenkan Sen) is indicating short-term momentum is sideways.
BTC is below its Ichimoku Cloud Base Line (kijun Sen).
BTC is fighting to get back above the Ichimoku Cloud Leading Span A (Senkou Span A) cloud resistance level. BTC needs to close a daily candle back above this level and turn it into strong support.
The Lagging Span (Chikou Span) is under the price from 30 periods ago but at the moment is indicating momentum is sideways but be aware that it is a fast reaction indicator.
The Chaikin Money Flow (CMF) is indicating BTC is now back in the accumulation zone at 0.03.
The Moving Average Convergence Divergence (MACD) is indicating momentum is downwards but selling pressure has lost some strength because you can see the red Histogram is becoming lighter. We need the histogram to start to get smaller and eventually start back above the Base Line at 0.0 creating a green histogram. The Signal Line (Orange Line) is still above its MACD Line (Blue Line). The MACD Line had dropped under the MACD Base Line at 0.0 which means that a 12 Period EMA has dropped under a 26 Period EMA on the price chart. The MACD is crucial to keep an eye on for an eventual curve up off the MACD Line and a potential MACD Line crossing back over the Signal Line. The Weekly MACD is also a crucial indicator to keep an eye on because we do not want the MACD Line to cross over the Base Line at 0.0 on the weekly.
To freak you out, I have added a Fibonacci Spiral to this chart, if the daily candle on the 23rd April’s was the bottom then the next Fibonacci Spiral resistance is at around $71K but that is if the price can make it back over Leading Span A (Senkou Span A) resistance & the Schiff Pitchfork Median line. You can see that part of the Fibonacci Spiral support coincides with the 100EMA.
The Trend is your friend until the bend at the end. But……. there are other factors you need to take into consideration. Don’t forget that the Ichimoku Cloud is also your friend & can confirm to you if it’s a Bull, Bear or just an undecided market.
Is there a chance BTC could go down more, yeah sure because crypto is crazy volatile and Biden could announce he wants to now up capital gains to 95% which most Americans don’t seem to realise is a proposal & that Biden actually needs the senate to vote YES on it first……. I’m not American, but even i know this, so why the panic sell?
The fact that BTC has not yet dropped to its Leading Span B (Senkou Span B) cloud support is a very good sign. If however, BTC does drop further into the cloud, then it could drop to about $39,600 if the 150EMA fails at about $43K. This will be a crucial week to see if BTC can close a daily candle back in the Bullish Zone of the Ichimoku Cloud.
I hope this is helpful and useful to you. Good luck with your Trading or Hodl-ing 🔥🚀🌍🌔🪐🛸👽
COIN : OUTCOIN bounces out of the descending channel that it's been rolling in since the beginning of the week.
Has a base of COIN been established at 300?
Starting with a horizontal ray at 310 (the bottom of the big drop),
I began using rays to connect the higher wicks together, and then the lows together.
After that, I extended some rays to the left and looked at where all the lines intersect.
Using these lines and points, I placed pitchfans, lining the outside edges up to the rays.
Once I established the main placement of the pitchfans,
I removed some unnecessary rays
and then edited the divisions of the pitchfans in the settings, lining up the divisions to wicks of the inner candles
in the most meaningful ways that I could.
If you zoom in you can see that every single line on the chart aligns with atleast 2 wicks or 2 candle bodies,
other lines line up with quite more.
Each line is specifically placed while considering wick importance and # of wicks aligned.
Fib spirals too.
2 triangles were then placed forming a pyramid structure
in order to express the fact that one of the reasons
that I am currently analyzing the trends in COIN price action in this way
is to try to establish a possible price base of COIN after its IPO fallout
to use as justification for a possible and timely buy in.
And here we are, 50 cents above that initial low point after the IPO.
Will COIN continue to roll downhill, or will it start bouncing higher?
I am not completely sure, and tomorrow this chart may look quite different than it does now.
It's fascinating.
Got my eye on COIN...
watching for a "heads bulls win, tails bears lose" scenario.
//Durbtrade
COIN : STILL LONGLarge correction yesterday to $310. Slight recovery to $354.20 just below the 0.382 fib, but then it drops to $321.77, forming a higher low, and a new fib to look at. Recovers to the 0.5 line on the new fib, only to drop to $317.43, forming a lower low, but still $7.43 above the all time low. And lastly, some slight upward momentum, breaking through the most recent downward trendline. Seems to be stabilizing. Outside of what little technical analysis is even possible on a COIN chart at this point, I'm still guessing long in the long run... just watching for more info.
THETA UNSTOPPABLE. BIG INVESTORS. BIG OPPORTUNITY. $12.THETA.TV. Samsung invested. Sony invested. Gfuel invested.Huge capital funds have noticed. The future of paid streaming and rewards for both streamers, viewers, AND NFT marketplaces. Big players have dropped billons into this within a month. Mainnet launches in 38 Days. There are 4 events planned before then. Samsung VR and the NFT space isn't going anywhere. And with the co-founder of YouTube being the head Media Advisor for THETA.tv, you'd be hard pressed to find a more positive indicator.
*Disclaimer: Not financial advice. Just my projections.
Further demonstrating the power of the CircleLS = Left shoulder
H = Head
RS = Right shoulder
Just using the Fibonacci circle and establishing support areas, resistance areas, this head and shoulders pattern can be identified
Without the circle, this pattern is very difficult to identify
The main challenge using the circle is identifying the strongest trend. (Green line)
Here is my guide to using the Fib Circle, it truly is a great tool
Also my experimental idea - Fibonacci waves
So perfect Fib Spiral top reversal pattern. BILI is not worth thI won't short BILI, I'm not sure where the top is, maybe 200$ / 300$, that's crazy.
Long stop-loss price: 106.67 / 94.91
BILI is a interesting stock, but I won't touch BILI stock above 120$.
Low liquidity of BILI options, and low leverage for margin trading.
I have no idea why my money forced buying a stock like BILI.
BILI is too young to forecast its stock price.
One of risks is pirated videos on bilibili.com, those videos like a time bomb.
There are lots of opportunities buying other stocks, and those stocks are uprising steadily.
The only reason buying BILI above 120$ after 18 Jan 2021 is that buying BILI like a believer, being a long-term shareholder who firmly believe that BILI would be great than others.
stock analysis by Jiucai334
16 Jan 2021