This setup like any ALT/Derivative or Spot setup is and always will be dependable on how BTC is trading . Please ensure you understand this as I have been trolled by individuals whom dont understand the distinction and thus probably lose money and take it out on me . Ok well here we have the XTZ/USDT Pair on Bybit Perpetual contract . As you can see from the...
Currently Sitting at the 0.618 FIB support for the moment but I can see more potential downside in the coming weeks/months. Most likely that will be complete around the .886 fib which has confluence with fixed range pull and the range before Covid 2020 selloff. Correcting back to those old ranges before the Covid Selloff 2020 makes sense after 180 %...
Paypal has taken a beat down this week but when we zoom out its no more than a healthy correction . Price began to correct after putting in a double top back in the summer and from then on we identify a change in market structure . We are way down at the .786 Fib and heading towards .886 for around 110 a share . Always wait and see the reaction of a level and...
BIT is breaking down nicely and I have marked a zone where I would be interested to take Longs . Confluences * Point of Control Speed fan .75 .618 FIb plus a Daily Level Providing that BTC continues to stay range bound this presents a nice opportunity for Longs Like and follow for...
For the past 4 months we have been trading inside this ascending channel and broken out of it twice, once in October and November for our most recent ATH . Since then we have fallen back inside the channel and have tested our 58k region with a move to the downside . I would like to see 58400 level lost and see a move down to 55k eventually which will put...
Looking at the Monthly chart we can see a clear similarity in the price action from the present time to the previous ATH back in 2011. With HTF Resistance above us and previous attempts to retest those highs creating monthly lows since the August 2020 ATH I anticipate a potential SFP into the red box marked RESISTANCE before a move to the downside. This...
Trade the Range until it breaks and here we have a classic example . TTD has been inside this range since Nov 2020 and has respected the Top , Bottom and mid range of this descending channel . We are currently approaching a key resistance at the top of the Descending channel . Hitting the very top Fib level that I have marked and rejecting there would add...
Short video of where we are trading on the BTC chart
The Euro started its journey trading inside this Descending channel in 2008. Respecting the top middle and bottom of the channel as we descend further down some 13 years later . I have pulled some fib levels above and below as well as the POC which is 3% off the current price . Follow and Like for Regular Analysis
Without question DARK is a stock to be following in the world of AI and Cyberattacks which seem to be all we read about just lately See WEF for enlightenment . Technically we are sitting in the middle of a ascending channel which we have been trading inside of since June . I have drawn some levels using FIB to provide some areas of support and Entry if any...
Gold tops out after printing a ATH back in August 2020 and then Trades within a descending channel printing Lower highs and respecting the top and bottom of the channel to contain the price action . A strong break outside of the channel in August 21 followed by a back test of the top of the channel in Sept and a healthy break to the upside after...
USD trading inside the Ascending channel and currently at the Mid Point will it be a break to the upside or a pullback / FIB levels marked for Upside resistance and downside Support zones . Always know your invalidation and have a trading plan Share , Like and Follow
ETHEREUM Trading inside a symmetrical triangle, This can of course most likely be a breakout to the upside and a continuation of the previous trend once we pull back into the area I have Highlighted on the chart . I have marked this region because of 3 strong areas of confluence ..The POC or fixed range profile , fib pull from July Low to High , which aligns...
Mercadolibre is still correcting although drawing closer to a zone I expect a bounce/reaction. Since Sept 2020 MELI has been trading inside a ascending channel and printed a fresh ATH in Jan 21. I anticipate a move down to the bottom of the channel with the following confluences 200EMA, .618 fib pull from bottom of the channel to the last swing high and the...
Silver has been in the current sideways range for 410 days and within this time it had printed its ATH of 30$ back in Feb 21. In August we tested the bottom of the current range to around 22$ with a 11% move to the upside thereafter followed by a strong rejection at 24.90 to push silver back down to the August range Lows at $22 for the back test. We are...
Simple Defined Levels On a Weekly BTC chart * Have a Plan ! Know your Invalidation ..I hope this gives you a wider perspective whatever you choose to do .
HTF BTC Analysis I think the best trade right now is no trade but we can plan for the move ahead of us . In this case I favour a short off of the daily level highlighted which is confluent with the fib level shown . After the move up to the said level I would be looking to fill a short with the targets down to the 100EMA and the POC depending on other...
Straightforward analysis on the US30 using fib pull , fixed range to demonstrate how respected this PA is to these levels pulled . Market structure still in tact and expecting PA to either tap the POC and marked level and continue the trend . Like and Follow for regular analysis