CLOV: FIBONNACI GOLDEN MEAN RATIO RESPECTED!!!As you can clearly see in the chart, the golden mean ratio (.886) was well respected, and resulted in a positive retracement.
In addition to the .886 being respected - the area(s) between $8.90 -> $9 which were once strong resistance in the past, were regarded as support. This has flipped the bearish sentiment, into bullish.
If you missed the entry at $9, one can value this stock as a "sale" at any price under $11.80 level.
Pay close attention to the other Fibonacci levels, in addition to the psychological resistance levels (.00 & .50), as this asset pushes upward.
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(This is not financial advice, and I do hold long positions in this asset)
Goldenretracement
COMP not done just yet!COMP is currently testing daily, golden retracement and trendline support which I suspect is going to hold considering the hidden bullish divergence signal on 4H stochrsi which usually signals continuation in a trending market. Declining sell volume on this drop in confluence with major support and hidden bullish div makes me boolish at least for the short term.
Targeting $290 - $305 for this next leg up
#SUTER - Bought somei love how this retrace wicked to the broken trendline!! also fibs hold it's ground :D
#notfinancialadvisor
#DoYourOwnResearch
GVT - Huge Head & shoulder formingThis will be a good one to hold for a while, looking to enter at Fibonacci retracement which lines up perfectly with possible Right shoulder forming
I am using Loose stops as I was hunted on my tight stops yesterday
This is based on weekly timeframe so let the price action develop on mentioned levels
I have also started sending Proper signal in telegram channel as some of you are not able to interpret from charts
#Cvc - Civic Triangle forming Triangle forming on Higher time-frame
If break & close above RED Trend line then this setup is invalid
learning Waves as well.
on smaller time-frames possible Cypher forming, that lines up with the Retracement
#ARN - Risking big capital Risking 3times the capital i normally risk, will take off 50% at approx 2350 rest I am gonna let it ride for the moon!!
support holding superb with Fib golden retracement
#CKB small riskFib 0.618 holding well, no daily close below so far, triangle forming so risking a small balance either 200% or 55-60% once we break the triangle we will know
possible we will hit stop too so make sure you are OK with losing 17% of folio in return to gain 50-200%
not a financial advisor!
BTCUSD Buy ZonesIf the current channel breaks, then I'm looking for the head&shoulders pattern to play out.
I have a short term support area which we could bounce of short term, But then I'm looking for a buy in the Golden Buy Zone :)
Leave a like if you like this idea and please comment your thoughts!
#KAVA - Possible 115% returns in few monthas you can see in the chart currently it's trading inside a huge ascending Triangle, it's safe to risk a small amount here as we are at triangle support which lines up perfectly with the golden pocket of Fibonacci retracement.
Along with it on the smaller timeframe (4h) we are trading inside a falling wedge that can give us a good breakout soon.
Even if we don't break above the resistance line of the triangle I still expect a good 25-30% bounce from 61.8% support
you can also use Leverage on binance futures or Coindcx to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :D
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EURAUD interesting situationHi traders,
today i've found another particular pair at a very important decision point.
As you can see above, here we are retesting a daily level that recently had been broken. This level lines up nicely with two powerful fibonacci retracements.
With that being the case, over the next days we are going to look for some opportunities in lower timeframes (1hr and 4hr).
I'll let you know if i enter the market.
Good luck!