I have located a swing low and swing high in this trend.
I am trying to find support and resistance level using Fibonacci retracement indicator.
Will confirm later with other tools.
In the last 10 days, Cardano (ADA) has moved from 1380 Sats to a high of 2110 Sats.
It has retraced against BTC in the last week making Lower-Highs and Lower-Lows.
Looking at 1556 retracement level for the next move
FX:GBPJPY has had multiple weeks of bullish movement up to the 148.000 resistance level but failed to close above it. This bullish movement was attributed to the government's effort to speed up the distribution of Covid-19 vaccine across the country and Boris Johnson's indication of a cautious easing of lockdowns. The Yen also continues to weaken as optimism and...
Interesting looking chart for BITSTAMP:BTCUSD
On the 4 hour chart the 50 & 100 day moving averages crossed up through the 200 day moving average. I guess you could call this a double golden cross.
If BTC follows along what seems to be a trend that is not yet exhausted based on RSI and MACD, it could hit the .236 fib Retracement level or roughly $55,000
US500 - 3° Elliott wave end - start retracement
I think that the index is arrived to the top of 3° wave and now go to retreacement
Also the RSI have a divergenze that can confirm this view.
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XLMUSDT - Wait for retracement
So if price makes no new higher prices by sundays close. there will be a very high % chance that we strike this purple line "next pivot" a few thousand lower. generally, this point on daily weekly monthly get tested like magnets over 90% of the time. Either way. if price drops by Sunday close. this purple incoming line drops with it to a certain point. If we...
Short term overnight short opportunity after breaking down from a quadruple top and retracting back to resistance, which acts as a 50% retracement from the short timeframe breakdown. Overbought on Stochastic RSI
