Hello followers and other TradingView users!
Straight to the action!
Entry point criteria:
1. We have historically a strong resistance which now becomes a support at $6767, the area is widened to the $6800 because there are some wicks what we may touch and from there we have to watch what the price action shows to us!
2. Fibonacci I - pulled from 22.08-28.08 retracement 38%
3. Fibonacci II - pulled from 26.08-28.08 retracement 62%
4. Fibonacci 3. - pulled from 29.07-14.08: we made a breakout on the 28.08 from 38% retracement level and now we come back and retest this area!
5. The minor upwards trendline cross with the support level = strong area - pulled from bodies since 14.08 (dotted black line)
6. EMA Party:
* 1h chart - 200EMA in this green box
* 2h chart - 100&200EMA in this box, plus we have a "death cross" earlier so, it could mean this is just a healthy pullback
* 3h chart - 100&200EMA in this box
* 4h chart - ALL OF THEM in this box 50,100&200EMA
7. Possible RSI Divergence
8. Definitely, we wait and watch the current price action in this area if we reach there
Targets (partial profit areas):
1. Around $7000 - If we don't find so much power to go higher then that's the place where we can make a lower high
2. Around $7300 - strong and historically worked levels!
3. Around $7500 - final target:
* Fibonacci pulled from 24.07-14.08
* Round number
* Trendline since 05.05
* Fibonacci extensions (entry point Fibonacci's)
* Round number and Fibonacci retracement level are just SO identical!
Hopefully, this helps You out a little bit to confirm Your own analysis! DEFINITELY, make Your own research!!
To get quick updates - click the FOLLOW button and please, don't forget to LIKE!
Thank You for your support!
Have a nice day!
Straight to the action!
Entry point criteria:
1. We have historically a strong resistance which now becomes a support at $6767, the area is widened to the $6800 because there are some wicks what we may touch and from there we have to watch what the price action shows to us!
2. Fibonacci I - pulled from 22.08-28.08 retracement 38%
3. Fibonacci II - pulled from 26.08-28.08 retracement 62%
4. Fibonacci 3. - pulled from 29.07-14.08: we made a breakout on the 28.08 from 38% retracement level and now we come back and retest this area!
5. The minor upwards trendline cross with the support level = strong area - pulled from bodies since 14.08 (dotted black line)
6. EMA Party:
* 1h chart - 200EMA in this green box
* 2h chart - 100&200EMA in this box, plus we have a "death cross" earlier so, it could mean this is just a healthy pullback
* 3h chart - 100&200EMA in this box
* 4h chart - ALL OF THEM in this box 50,100&200EMA
7. Possible RSI Divergence
8. Definitely, we wait and watch the current price action in this area if we reach there
Targets (partial profit areas):
1. Around $7000 - If we don't find so much power to go higher then that's the place where we can make a lower high
2. Around $7300 - strong and historically worked levels!
3. Around $7500 - final target:
* Fibonacci pulled from 24.07-14.08
* Round number
* Trendline since 05.05
* Fibonacci extensions (entry point Fibonacci's)
* Round number and Fibonacci retracement level are just SO identical!
Hopefully, this helps You out a little bit to confirm Your own analysis! DEFINITELY, make Your own research!!
To get quick updates - click the FOLLOW button and please, don't forget to LIKE!
Thank You for your support!
Have a nice day!
註釋
Hello! ALMOST perfectly - In Bitfinex the bounce was from $6802 in Binance the bounce was from $6780!Currently, we are at our first target point which is $7000:
"Targets (partial profit areas):
1. Around $7000 - If we don't find so much power to go higher then that's the place where we can make a lower high"
...and from now I try to keep You posted! If I see a sign that we may drop and if I see a signs that we may go higher!
Don't forget to hit the LIKE button and have a nice day!
註釋
If the trend and momentum want to be a nice and sharp then we want to see small pullbacks and at the moment we got a bounce from 38% Fibonacci retracement level and from 50 EMA on the 1h timeframe. After the bounce, we got a Hammer/Dragonfly doji. So, it could be mean that we may start another leg upwards! To confirm that we have to see now at least a 1h candle close above the round number $7000.I try to keep You posted!
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。