Hi Traders, Investors and Speculators of Charts📈📉 In today's analysis, I present to you 2 gems altcoins with great setups and great upside potential - XRD and GFAL . Let's take a look at ideal buy zones and future upside potential in this quick video analysis. Don't forget to check out this update on LINK: _______________________ 📢Follow us here on...
In the higher time frame, we have completed a WXY correction but as forecasted this was not yet the wave (2) low. The lower time frame was showing corrective price action indicating more wave (2) downside. Several bearish scenarios can be considered because we took out the 04/10/2023 low.
Let me explain this. ALL SPIKES ARE THE SAME. However, the different timeframes and chart scales create 4 unique layouts for both Daily and Weeklies. The top two are Dailies and the bottom two are weeklies. I have labeled which chart scale they are on. THE TOP TWO HAVE RESISTANCE SCHEMATICS (THE SAME TWO) . As in, the extensions are RESISTANCE (IN RED)...
Hello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. When we unfold the trend based fib extension grid, we will see that the price has returned to the support zone from $1,774 to $1,745, but if the support does not maintain the price, we still have a second zone from...
This concept is known as Fibonacci Clustering. (many fib sets on eachother) All Schematics have both Support and Resistance for future swings. I will add more images below for you so you can visually understand what the Support and Resistance stems from. Go to the linked idea for extra details if you want.
In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The wave Z has started and can unfold as either a WXY or ABC structure.
go long now and take the next correction wave until lower high created (LH) @ Red Arrow - General Trend is Down - Current Area is Strong Support - i think the price will go for correction wave and create lower high at 50 : 61.8 fibo levels so you can long now and take any targets or until u see lower high and out have fun :)
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
go long now and take any targets USD is Strong General Trend is Up have fun :)
LLY has given us Bearish RSI Confirmation at the 3.618 Fibonacci Extension and now looks to push below the $580 level. This could quickly devolve into LLY making a much deeper Bearish Retrace that would bring it below trend. At that point, we could very well see LLY come all the way back down to fill the gap at $163.42
Chart 4H TF After soared, LINK is pulling back to 6.7 - 6.5 - 6.2 I expect LINK will bounce back around 6.5 if it's declined this level So wait and see
Bitcoin still has some good levels to the upside to take liquidity with over 1.5 Billion to the upside.we could also go lower to 32K for a new extreme or high around 35800. Thanks for watching
Hello Traders i found 2 Setups but i think the 2nd one make more sense after a sweap of LQ we could then Revrse to continue our BEARISH trend after that PULLBACK, IF YOU AGREE LET ME KNOW ON THE COMMENT!
My Confluences: Big Wick Key Level area 76.4% Fibo area, through Backtesting I have noted this fib in the structural plays on the Dax within my strategy 14500, 500 being a psychological number in the DAX
EURCHF has been on the rise of late, with the choppy nature of the financial markets bringing a period of upside for a markets that has been in a relatively consistent downtrend of late. The risk-off sentiment seen throughout markets should bring gains for the swiss franc given its haven status, with the euro coming into focus today as Christine Lagarde steps up...
FX:EURAUD This pair created a nice impulse before pulling back. Let's see if this area will proof to be valid support.
Hi Traders, Investors and Speculators of Charts📈📉 I'm expecting some more volatility on Bitcoin as the RSI recently 102 which indicates and extremely over bought market. This is also confirmed by the technical indicator. Usually, after such extreme numbers are hit on the RSI, the price needs to "cool down" or retrace before continuing back upwards. This could...