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Fibonacci

US30 Potential ShortKey Observations: Fibonacci Retracement Levels: The chart shows a retracement of the prior downward move, and the price is currently reacting near the 0.382 Fibonacci level at 43,828.18. The retracement failed to break through the 50% level (44,062.83), indicating weak bullish momentum and reinforcing the overall bearish bias. Further rejection below the 0.382 level could signal continuation to the 0.236 level (43,533.57). Price Action & Support/Resistance: Price is consolidating just above 43,770 and appears to be testing the lower levels. A breakdown from this support could send price to test 43,537.19, which is aligned with previous structure and the 0.236 Fibonacci level. If price breaks 43,828 and finds support, a pushback toward 44,062 (50% retracement) could occur. Bollinger Bands: Price is currently trading near the lower Bollinger Band, suggesting potential short-term oversold conditions. However, Bollinger Bands are widening, signaling increased volatility and a continuation of the current trend. Relative Strength Index (RSI): RSI is hovering below 40, indicating bearish momentum but not yet oversold. Any further decline below 30 would suggest strong bearish continuation. A minor divergence may form if price creates lower lows but RSI fails to follow, which could hint at a reversal. MACD (Moving Average Convergence Divergence): The MACD histogram remains below the zero line, confirming bearish momentum. The signal line is trending downward, but a smaller histogram bar suggests bearish momentum might be slowing. Key Levels to Watch: Support Levels: 43,770 (Current support area). 43,533.57 (0.236 Fibonacci retracement, next major support). Resistance Levels: 43,828.18 (0.382 Fibonacci retracement, immediate resistance). 44,062.83 (50% Fibonacci retracement, critical short-term resistance). Potential Scenarios: Bearish Continuation (Primary Bias): If price breaks below 43,770 with strong momentum, the next target would be the 0.236 level at 43,533.57. Indicators like the MACD and RSI support bearish continuation unless a divergence forms. Relief Bounce (Secondary Scenario): A bounce from 43,770 or the 0.382 Fibonacci level could see price retracing back to 44,062.83. Traders should watch for bullish confirmation like RSI climbing above 40 and MACD showing convergence. Recommendation: Short Sellers: Monitor for a breakdown below 43,770 and target 43,533.57. Use stop-loss around 43,900 to limit risk. Long Traders: Wait for a bullish confirmation (RSI divergence, MACD crossover, or a strong bullish candle) near support levels. This setup favors a bearish continuation with the potential for short-term relief bounces. Managing risk and waiting for confirmation signals is key and do not risk more than 1% of your account!
EIGHTCAP:US30Short
by Nozuk
GKC Bitcoin prediction December 2024 An opportunity to swing trade? Technical Analysis: ---------------------------------------------- Prediction Summary: Any price over 91K is what I personally consider a safe buying zone and anything below 100K a safe profit this week. Bitcoin might stay between 91K and 100K in the coming days or weeks. Long term remains bullish. The white Fibonacci Retracement shows the most likely price support ( colored lines) with the thickness being in relation to a descending order of probability. In the unlikely event of a drop below 91K, I do not plan to cut my losses and sell. I hodl. ---------------------------------------------- Fundamental Analysis: ---------------------------------------------- >The dip was likely caused by quantum tech FUD >El Salvador and Argentina Regulators Sign Agreement to Help Develop Crypto Industry >MicroStrategy Purchases 21,550 Bitcoin for $2.1 Billion USD >$3.85B USD flowed into crypto investment products Tools used: Fibonacci Retracement Projected Forecast Ghost Feed This is not investment advice or financial advice. These are my own subjective thoughts on Bitcoin/altcoin price actions. sources: coinmarketcap.com www.coindesk.com coinmarketcap.com coinmarketcap.com ---------------------------------------------- Thanks for reading!
BITSTAMP:BTCUSDLong
by GoldArti
BNB/USDT Analysis: Key Price Action Strategies for Big ProfitsBINANCE:BNBUSDT @Alexgoldhunter Technical Analysis Using Price Action Techniques Key Levels and Zones Support and Resistance Levels: Strong High/Swing High: Around 730.00 USDT p1D High: Around 722.00 USDT Swing Low: Around 705.00 USDT p1D Low: Around 703.00 USDT Strong Low: Around 705.00 USDT 0.618 Level: Around 698.00 USDT 0.786 Level: Around 712.00 USDT Volume Profile: High volume nodes indicate significant trading activity at various price levels: 27.12K, 138.47K, 86.58K, 114.14K, 291.23K, 391.65K, 297.53K, 196.76K, 210.52K, 118.38K, 86.74K, 60.13K, 97.87K, and 107.57K. Fair Value Gap (FVG): An FVG is marked around the 717.00 USDT level. Indicators Relative Strength Index (RSI): Current RSI is around 52.69, indicating a neutral market condition. Lower RSI level is around 47.46. Moving Average Convergence Divergence (MACD): MACD line: 0.51 Signal line: 0.13 Price Action Observations Equal Highs: Around the 722.00 USDT level, indicating potential resistance. Market Structure Shift (MSS): MSS annotations indicate potential changes in market direction. Buy Strategy Entry Point: Consider buying near the support levels, particularly around the 705.00 USDT (Swing Low) and 703.00 USDT (p1D Low) levels. Look for bullish candlestick patterns or confirmation from the RSI (e.g., RSI crossing above 50) and MACD (e.g., MACD line crossing above the signal line). Target Levels: Initial target: 717.00 USDT (FVG). Further targets: 722.00 USDT (p1D High) and 730.00 USDT (Strong High/Swing High). Stop Loss: Place a stop loss below the 703.00 USDT level to manage risk. Sell Strategy Entry Point: Consider selling near the resistance levels, particularly around the 722.00 USDT (p1D High) and 730.00 USDT (Strong High/Swing High) levels. Look for bearish candlestick patterns or confirmation from the RSI (e.g., RSI crossing below 50) and MACD (e.g., MACD line crossing below the signal line). Target Levels: Initial target: 717.00 USDT (FVG). Further targets: 712.00 USDT (0.786 Level) and 705.00 USDT (Swing Low). Stop Loss: Place a stop loss above the 730.00 USDT level to manage risk. This analysis provides a structured approach to trading BNB/USDT using price action techniques, focusing on key support and resistance levels, volume profile, and technical indicators. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds
Long
by Alexgoldhunter
Medical Properties | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Medical Properties - Double Formation * 7.30 USD | Trend Line Survey | Subdivision 1 * Retracement 0&1 | Consolidation - Triple Formation * 3.65 USD | Trend Line Survey | Subdivision 2 * Head & Shoulders | Configuration * Retracement | 0.786 & 0.5 | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:MPWShort
by TradePolitics
Silver Surge: Master Price Action for Explosive TradesFXOPEN:XAGUSD AlexGoldHunter Technical Analysis Using Price Action Techniques Key Levels and Patterns Support Levels: Current Support: 30.5314 Lower Support: Around 29.5000 Resistance Levels: Current Resistance: 31.3102 Swing High: Around 32.0000 Strong High: Around 32.5000 Fibonacci Retracement Levels: 0.786: 31.8839374 0.705: 31.714095 0.618: 31.5385462 0.5: 31.29595 0.382: 31.0535386 Order Blocks (OB): Specific OB levels are not provided, but they are marked on the chart. Fair Value Gap (FVG): Specific FVG levels are not provided, but they are marked on the chart. Change of Character (ChoCH): Multiple ChoCH points indicate shifts in market sentiment. Break of Structure (BOS): Multiple BOS points indicate significant changes in market structure, suggesting potential trend reversals or continuations. Buy Strategy Entry: Look for a bullish reversal signal near the support level at 30.5314 or within the FVG zone. Confirmation with a bullish candlestick pattern (e.g., engulfing, hammer) near the support level or FVG. Stop Loss: Place below the recent swing low or below the support level at 30.5314. Take Profit: Initial target at the previous high (31.1978 - p1D High). Further targets at 31.3102 (current resistance) and 31.5385462 (0.618 Fibonacci level). Sell Strategy Entry: Look for a bearish reversal signal near the resistance level at 31.3102 or within the OB zone. Confirmation with a bearish candlestick pattern (e.g., shooting star, bearish engulfing) near the resistance level or OB. Stop Loss: Place above the recent swing high or above the resistance level at 31.3102. Take Profit: Initial target at the support level at 30.5314. Further targets at 30.0000 (psychological level) and 29.5000 (next support level). By using these price action techniques, you can identify potential buy and sell opportunities based on key support and resistance levels, trend analysis, and indicator confirmation. Remember to practice good risk management and stay updated with market conditions. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds
TVC:SILVERLong
by Alexgoldhunter
Lido LDO price has woken up and is ready to surprise everyone ?)Just look who has woken up - CRYPTOCAP:LDO After almost a year-long downward trend and 3 months of consolidation, it showed an increase of +50% in 1 day !) Does anyone know what “stimulated” it so much? Speaking purely on the OKX:LDOUSDT chart, it is not advisable for the price to fall below $1.10-1.15 in the coming days. If this condition is met, then we can start dreaming of continued growth to the $2.25-2.40 area. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
10
Bears Could Be Shopping at TargetTarget dropped sharply last month. Now, after a rebound, some traders may see further downside in the retailer. The first pattern on today’s chart is the bearish gap on November 20 after earnings and revenue missed estimates. TGT stalled last week after retracing half the decline. That may suggest a downtrend is in place. Second, prices are peaking around the same zone where they bottomed in August. Has old support become new resistance? TGT has also tested its 21-day exponential moving average but remained below it. Next, stochastics have hit an overbought condition. Finally, the 50-, 100- and 200-day simple moving averages (SMAs) moved sideways near each other for about two months. But now they’re lining up and falling into order with the faster SMAs below the slower. That may suggest the longer-term trend has become more bearish. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:TGT
by TradeStation
Rivian Automative Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Rivian Automative Inc. - Double Formation * 25.50 USD | A+ Set Up | Subdivision 1 * 14.50 USD | Retracement Not Numbered - Triple Formation * ABC Flat Correction | Pennant Continuation | Subdivision 2 * Top / Bottom Structure | (Neckline) | Subdivision 3 * Daily Time Frame Configuration Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:RIVNShort
by TradePolitics
SOLANA BULL FLAG BULLISH MOMENTUM!!!!The Solana (SOL/USD) chart shows a Bullish Flag pattern, which is a continuation signal that forms after a strong upward move (flagpole) followed by a short period of consolidation in a downward-sloping channel (flag). The yellow trendlines mark this consolidation area, and if the price breaks out above the resistance line, there's a solid chance for a big move up. The target is calculated based on the length of the flagpole, with a potential gain of 58.68%, aiming for around $311.17 (Fibonacci 161.80%). If the bullish momentum continues, the next target is $366.55 (Fibonacci 224.00%). The green zone highlights the reward potential, while the stop-loss at $182.64 limits risk to 6.62%, giving a solid risk-to-reward setup. With the main trend still bullish and strong support near $195.59, a breakout could signal the continuation of Solana's uptrend. 🚀 #Solana #BullishFlag #CryptoAnalysis #SOLUSD #Trading
COINBASE:SOLUSDLong
by anandahaidarr
GOLD → Correction before a possible fall FX:XAUUSD is moving into the correction phase amid last week's economic data. The price is returning to the channel and in general confirms the bearish character on the market. Markets are ready for a 0.25% interest rate cut, but traders are waiting for hints on the Fed's stance: whether the Fed will continue to cut rates, go into a wait-and-see mode, or hint at a rate hike based on last week's economic data. Traders are eagerly awaiting the Fed's decision, which will be announced on December 18. The gold price is also receiving support from renewed tensions in the Middle East and political turmoil in South Korea. Technically, after the false breakout of 2721 a deep correction is forging, which generally develops into a localized downtrend. The price is approaching the panic zone 2615-2600. At the Asian session a correction is forming and it is worth paying attention to the key resistance zones Resistance levels: 2667, 2675, 2685 Support levels: 2646, 2633 The price is heading towards the imbalance zone within the correction. A quick approach and retest of resistance could trigger a rebound. Traders may enter the phase of profit taking before strong news Regards R. Linda!
FX:XAUUSDShort
by RLinda
4
Potential mid-to-short-term movements.Chart Overview And Daily Chart Context: The overall market is back in an uptrend, with a potential pullback after reaching $2,700. A Fibonacci retracement shows us potential buy zones for the continuation of the bullish move. Key Levels High: The recent swing high near $2,700 acts as a liquidity zone where buyers got exhausted, and sellers took temporary control. Mid-Range (Golden Zone): The Fibonacci 0.618 - 0.786 retracement levels suggest where price may retrace to before resuming its upward move. These levels, around $2,650, align with previous consolidation areas. The retracement into this discount area (lower half of the recent swing) aligns with smart money logic, buy at lower prices for a move back into premium levels. The market remains bullish in the mid-term as long as price doesn’t break below the 2,600 level, which is a key structural support zone. The retracement into the Golden Zone is a logical place to anticipate a higher low forming before a continuation to higher levels. Once the price finds support in the Fibonacci Golden Zone, the next logical movement would be a return toward the $2,700 liquidity zone. Wait for price to enter the 0.618–0.786 zone and confirm support through bullish price action on lower timeframes, you know I trade M1 mostly, so keep an eye in minds!! Trade safe!!
OANDA:XAUUSDLong
by Med_In_Trade
Tradeweb Markets Inc | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Tradeweb Markets Inc - Double Formation * 105.00 USD | Head & Shoulders Structure | Subdivision 1 * (Neckline) | Survey Entry | Daily Time Frame - Triple Formation * 0.382)) Retracement | Uptrend Bias | Subdivision 2 * ABC Flat Correction | Configuration | Subdivision 3 * Trend, Behaviour & Entry | Daily Time Frame Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:TW
by TradePolitics