2 hour view of bitcoin
5 consistent fib retracements to .702, or just before/just after or continuation.
Bitcoin is behaving quite consistently at the moment
#bitcoin #btc $btc $bitcoin
Yes, in the first candlesticks of the day Tesla closed above the 580 we talked about yesterday, and it was a powerful candle, btw! Powerful enough to create a divergence between price/rsi!
Tesla also did a bullish reaction above the fibs retracement, which is great! Now the only thing that would made me believe it’ll drop to the 540 is if it breaks the 577...
Hello there! Here is Alkaline Crypto again!
We are seeing how the cryptocurrency market has fallen over 5% on average after the close of the Asian session. We are investigating the root causes of the pull-back, probably a profit-taking event.
Here you have our last week Bitcoin manipulation approach, as we still consider it valid to place your entry triggers. ...
ADMA is hovering around the 50 retracements with a lot of sell orders on the books probably from people trying to get out at 1.90. Buy orders look good though in the face of this massive sell-off. This is was after news dropped that analysts saw the price between 6 and 11 dollars. Although ADMA has been struggling to turn a profit most of these reasons have been...
Trend continuation
The more often a stock attempts to break through resistance, and retraces less each time is a sign that there is an increased likelihood that the stock will break the resistance and breakout out of its current range, so this should be an indication to buy the stock.
This might be basic but, I'm learning that publishing my ideas that I...
Not too much of a trade here unless we see BTC drop back down to support around 46-49k.
Just observing how nice the fibonnacci retracements have played out on DOT. Could definitely buffer buy orders on the 38.2 and 50% retracements as we can see how well respected they have been.
Update from the previous post, we broke the downtrend, the wedge posted wasn't a great setup once we started breaking lower.
We will see if we reject these retracements above between $1.50 and $1.80 then we can expect a move down.
Alternatively, if we push towards $2 a break above would expect a continuation.
More to follow soon.
That last few reversals we saw were the .5 reversal and the .618 reversal. During both of these reversals, HOT bounced twice off its support, rallying to its resistance, before laddering down to its test its support for a third time. After failing the to bounce off the support level a third time, HOT saw a steep race down to the next retracement level. Right now...
We are still very bearish on our D1 chart however after a beautiful breakout, we reached our support level and now we looking into hitting back with some retracements before we take a dive into the bears one more time
BINANCE:ADAUSD
Working mostly from 1D chart and using *fib charts above and below ( 3D, 5D, 8H, and 5H). I will check the lower times for confirmation or signs of momentum. IE: Steep slopes
The Blue line represents the 1D Impulse wave with the estimated correction wave on the end.
I used fib retracements to approximate a potential location of...
Blue trend lines, fib retracement and fib targets set on daily. 30 min purple trend lines added. Support and resistance lines set on weekly, daily, 4 hour. I see 3 different potential outcomes. If dips any further, more than likely to find support in the 0.618.
Buy in alert added.
GBP/JPY have been respecting the green upward trend line since last month.
The price failed to break above the key resistance level.
I expect GBP/JPY to undergo retracements and the price to fall until the key support level or until it comes close to the trend line it follows.
Once it fall i expect it to buy gain till the previous resistance level that it failed...
This fib has played out almost perfectly, on here and the dominance chart too.
if we drop down to the daily timeframe we can see it abiding by the retracements a lot better.
Should be an interesting few weeks!
$BNGO - $ARK rumored to be buying shares. I am loading calls for the rest of the year as we see dips.
Although right now, the stock is very solid and I don't know what type of "dips" we shall see.
Stochastic, MACD, and Squeeze showing a possible uptrend coming. Also the 11.62 fib retracement level acting as a nice support.
after falling to 1802 level gold still have not retraced much as retraced previous falling and retracements, medium trendline has been broken before so it has not much power to encounter bulls, the target is upper declining trendline, Gold also forming inverse H&S pattern so i expect price to take a dip to 1830-1833 level and then will move towards 1925-1930.
Identified confluence of Value Area High and Lows from various timeframes and POC/VWAP including Fibonacci Retracements as S/R levels
Daily Chart :
Group 1 (16th-20th Jan) Low 1152 High 1438
Group 2 (21st-26th Jan) Low 1042 High 1475
65% Fib on short term impulse as Trigger Downturn Confirmation to 1000 or lower 920
15-minute chart :
1300 Head & Shoulder
It...
