FiboTech

FiboTech Updated  Mar 14, 2023

Hello dear friends Ethereum is in an attractive range! Do you think we will lose the $931.72 support area? (exit from the lower side of the triangle) Or will we lose the $1890.85 resistance area!? (exit from the upper side of the triangle) It seems that according to the macro conditions, the possibility of exiting from the top is more! We would be happy to hear...

FiboTech Updated  Mar 12, 2023

Hello Dear friends On the daily time frame, the idol pattern is associated with negative RSI divergence. The $1,654 resistance area is very important. If the upward trend is above the price range of $1,762.46, the possibility of continuation to the area of $1,815 is strengthened. And the view of forming a downward trend will expire. We would be happy to hear...

FiboTech Updated  Mar 5, 2023

Hello dear friends Due to the negative divergence of the RSI in the daily time frame, the possibility of completing the bullish wedge pattern at the end of the uptrend has been strengthened. 🔍 If the range of $719 is completely consumed, the possibility of reaction to the range of $806 will be strengthened and we can expect the continuation of the downward...

FiboTech Updated  Mar 5, 2023

Hello dear friends Do you think the position is attractive? Isn't it!? The analysis is valid if the $0.327 resistance range remains unexploited We would be happy to hear your comments

FiboTech Updated  Feb 28, 2023

Hello dear friends Due to maintaining the resistance range of $1.363 and forming LL the possibility of reaction to the yellow area ($1.292) has been strengthened. If the range of $1.17 is completely consumed, the possibility of continuing the downward trend to the specified areas will be strengthened. We would be happy to hear your comments

FiboTech Updated  Feb 22, 2023

Hello Dear friends Currently, the positive divergence of the RSI combined with the downtrend line on the daily time frame has strengthened the possibility of completing a bearish wedge pattern. To form an upward trend similar to the drawn scenario, we have two conditions: the complete consumption of the $108.9 range and the maintenance of the $87 range. If the...

FiboTech Feb 19, 2023

Hello dear friends It seems that after the $11.55 range is consumed, the possibility of continuing the upward trend can be considered. The condition of the upward trend is to maintain the price floor of $3.36. We would be happy to hear your comments

FiboTech Updated  Feb 14, 2023

Hello Dear friends It seems that at the end of the downward trend of the daily time frame, due to the positive divergence of the RSI, the probability of completing a downward wedge pattern is high. If the current rising trend is above the $0.81 range, we can expect the completion of the pattern and the formation of a rising trend, provided that the $0.378 area...

FiboTech Updated  Feb 13, 2023

Hello my dear friends Looking closer at Bitcoin, the four-hour timeframe We have an ascending wedge pattern at the end of the uptrend, which is accompanied by a negative divergence. But the support area of $22,213 has not been fully consumed, due to the fact that this area is not consumed, there is a possibility that the increasing trend will continue to higher...

FiboTech Updated  Feb 13, 2023

Hello dear friends In the daily time frame, by reaching the resistance range of $0.5312, a Cypher harmonic pattern has been formed. A negative divergence of the RSI is not associated with this harmonic. If the support range of $0.35 is completely consumed, the possibility of continuing the downward trend to the price area of $0.2424 can be considered. Until the...

FiboTech Updated  Feb 8, 2023

Hello Dear friends happy new year :D On the daily time frame, we have the positive divergence of the RSI, which has strengthened the possibility of forming a bearish wedge pattern at the end of the bearish trend. The current trend is likely to continue up to the $0.23 range. In case of breaking the downward trend line and maintaining the support range of $0.19, we...

FiboTech Updated  Jan 31, 2023

Hello Dear friends If the $254.8 range is completely consumed, the possibility of seeing lower areas is strengthened. It seems that we have the main reaction to form a downward trend to the $200 area from the $366 range. If the $254.8 range holds, the above view will expire. We would be happy to hear your comments.

FiboTech Updated  Jan 17, 2023

The long-term downtrend line of the RSI has broken upwards on the weekly time frame. Do you think this trend can be considered a pullback to the broken level with a positive divergence? Do you think we should react to the midline of the long-term descending channel from here? Of course, there is still a high probability of seeing the $13,000 range, but what if we...

FiboTech Updated  Jan 9, 2023

Hello dear friends On the daily time frame, the positive divergence of the RSI with the downtrend line has created a bearish wedge pattern for us. Until the $5.584 range is fully consumed, the bullish outlook is weak. But if the range of $2.618 is maintained, we can hope for the completion of the wedge pattern. On lower timeframes, the drawn bearish scenario...

FiboTech Updated  Jan 8, 2023

Hello dear friends In the four-hour time frame, positive RSI divergence is associated with butterfly and bat harmonic patterns. Considering that the support range of $0.06552 has been maintained in the previous correction process, the possibility of seeing the lower areas is currently weak. As long as the range of $0.070026 is maintained, we expect the...

FiboTech Updated  Jan 4, 2023

Hello Dear friends On the one-hour time frame, due to the complete consumption of the $16,665 range, the possibility of completing the head and shoulder pattern at the end of the downward trend has been strengthened. Of course, maintaining the upward trend line is very important. We would be happy to hear your comments

FiboTech Updated  Dec 27, 2022

Hello Dear friends So far, according to the analysis, it has performed well. If the current trend can be above the $3.31 range, the possibility of the upward trend will be strengthened to higher areas. But keep in mind that the probability of reaction to this range is high. If the range of $3.31 is not consumed, we have a higher probability of forming a...

FiboTech Updated  Dec 20, 2022

Hello Dear friends In higher time frames, we are in an ascending channel. But in the lower time frames we have a bearish signal. If the current trend is below the range of $1.22296, the possibility of continuation of the downward trend to the green range is strengthened. We would be happy to hear your comments