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Fibonnacci

GBPUSD 1.344437 +0.001% SHORT IDEA * CONTINUATIONHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE POUND / DOLLAR * looking for trend continuation on this pair. - Trend continuation , break below looking for continuation pttns with the bears. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
Ethereum #ETH Weekly - Is $10K possible?From past history, when Ethereum goes into oversold territory RSI at 70+ on the weekly chart, the price seems to show a nice pump. See the chart to understand more. There are a few issues to consider as well: 1) We are potentially forming bearish divergence 2) Almost 6 weeks of upside weekly candles 3) If BTC has a correction, ETH will follow Lastly, I drew a few fib levels to watch if a pump occurs, where would we be able to get to. With just about 120% gain from current price levels, we could be seeing almost a $10K ETH. This is all exciting but we do have a few hurdles ahead. What are your thoughts? Comment below, hit the like and follow me. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
KRAKEN:ETHUSD
by MillionaireEconomics
USDTRY Forecast Analysis after the ambasaddor crisis.The easing of the dollar-tl parity after the ambassador crisis seems to test the post-interest level. Falling prices can see buyers at all levels. the demand for dollars has been possible at all levels until now. As Turks, our hope is of course a strong TL, but our belief will be stronger if the decision mechanism does not act against the science of economics. A strong Turkey goal can only be achieved by fulfilling the requirements of economics. FX:USDTRY
Short
by umits
2
Moment of truth - BITCOINHello dear crypto friends! New all-time high or bear market after all? No idea. All I know is that all of Twitter is bullish again and influencers are summoning the moon. Whereas the last remaining bears are looking for explanations. So what to do? Keep it simple! What do we see? Major Gann resistance for next week, price marked. And what else is there? Right, the 0.786 FIB level, which Bitcoin loves for corrections. I'm not a perma-bear, I'm just saying that these two resistances should be overcome before we dream of a new ATH. Stick to facts. Thanks and good trades!
BNC:BLX
by UnknownUnicorn9344165
Waiting Game DOGEUSD: Bullish long term scenarioHello traders and investors, Is Doge ready for the next leg up? If so, let me thank who let the dodge out! Today we are considering the idea of completing a 5 wave sequence (intermediate blue) to reach primary wave 3 (blue). Assuming that Primary 1 was between May 2015 and Jan 2018; Primary 2 was until March 2020 low, the 1.618 Fibonacci extensions, suggested as the first target for a wave 3, would bring us in the region of $2.72. Looking at the intersection with the pitchfork top boundary line, it looks as if we are going to wait until July/August 2023, so plenty of time to accumulate if you love this coin. Let's see how this plays out.
BITTREX:DOGEUSDLong
by Dry-Storm
2
Cardano Counting Waves!!!Hi, Today, I want to specify the location of Cardano ( Counting Waves ). The Cardano is one of my favorite coins😍. Cardano Analyze ( ADAUSDT ) Timeframe 4h ⏰ I have to say, these days, most of the coins are on Corrective Structure , but I am trying to show u at least the Resistances and Supports that exist in front of coins. Location🌊 : Cardano finished Main wave 3 at 2.47$ , then it started the Main wave 4. Cardano is running on Main wave 4 ( Zig zag 5-3-5 ) for about 47 days , and I think that Main wave 4 will take more time from us. The microwave A has finished at 1.051$ ( impulsive== 5 waves ). We passed from microwave B by Rising Wedge . The end of microwave B was at 1.8897$ . Now, we have to find the end of microwave C of Main Wave 4 . I was able to find microwaves 1 & 2 & 3 & even 4 of microwave C , and I think that we are on microwave 5 of microwave C of MainWave 4, right now (if the price goes down less than 1.1550$ , I can say that microwave 4 has finished and we are on microwave 5 of microwave C of MainWave 4). ❗️Also, we can expect that microwave 4 of microwave C of main wave 4 will rest at Time ⏰❗️ I tried to show you our Resistance Zones & Suppor Zones that we have in front of Cardano . Resistance zones on Cardano's way : Resistance zone : 1.42$ until 1.376$ (Resistance + Cluster of Fibs + Monthly Pivot Point ) Resistance zone : 1.59$ until 1.57$ (Resistance + Cluster of Fibs +Contracting Triangle's Target) Resistance zone : 1.76$ until 1.73$ (Resistance + Cluster of Fibs) Resistance zone : 1.928$ until 1.90$ (Resistance + Cluster of Fibs) Support zones on Cardano's way : Support zone : 1.22$ until 1.167$ (Support + Cluster of Fibs) Support zone : 1.049$ until 0.945$ (Support + Cluster of Fibs + Rising Wedge's Target) == Heavy Support My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way or we can wait for the end of correction ( Main wave 4 ). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe. Good luck
by pejman_zwin
26
AMC, May fall to 35 USD. Be cautious !AMC is too risky to go long now. 0.786 Retracement of last drop proved itself as a strong resistance. It may fall to 35 USD which is the golden ratio Retracement of last rally. please note that lower prices is also possible. Stochastic indicator has made a bearish reversal while its near overbought zone in weekly. I can strongly suggest that at least AMC is not offering an ideal setup to go long. My Recommendation : Do not go long at current prices unless you are a swing trader or you find any other strong reason. Good luck everyone.
NYSE:AMC
by SaeedSajedi
23
QFIN, Strong decilne is on the way !QFIN more than likely has completed a 5 wave motive rally and a high probability decline is on the way soon. Motive 5 wave rally was started from 6.37 USD on Mar 18th 2020 and made a huge progress up to 45 USD terminated on June 17th 2021. Price reacted well and beautifully to strong resistance at 45 USD consisting of 1.618 extension of wave 4 and 0.786 Fibo projection of wave 1-3. If true , decline to 30, 25,20 and 14 USD corresponding to 0.382 , 0.5 , 0.618 and 0.786 Retracements of mentioned rally is possible for now. Later we can choose among these Retracement levels based on internal structure of upcoming corrective wave. Stochastic indicator has already made a bearish reversal in daily time frame while it is in overbought zone in weekly. It suggests that 45 USD all time high may remain the last high for several weeks. My Recommendations: 1- If you are in the trade and you doubt about this analysis, use Multi Unit Trade Strategy and save some profits. It is a very powerful tool for risk management. 2. If you want to go long, Its is wise to wait for a correction completion. It is too risky to go long now. Trade smartly. Good luck everybody.
NASDAQ:QFINShort
by SaeedSajedi
6
Long BtcAs you can see we are currently sitting near the demand, After a pin bar reversal in 4H. Also we can see there is a divergence in the daily chart. Keeping in mind we dont go near 28k where I would be out, I think this might lead us to test 46ish area where we broke down from. Intermediary I would be aiming for the supply, near the last swing high at 40keks. Having said that I would be carefully monitoring the Price Action at 31k area as We can consider it as a triple bottom if we see the last swing down as a fakeout, which is seen on the 4H chart.
Long
by XbtShark
1