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Fibonacci

"Pulse" of an asset times Fibonacci: ChainLink Dance on Thin IceChainLink is still retreating from last surge. It may be undergoing a "bottoming" process. Delicate Dance on sub-Fibs shows some intent. Part of my ongoing series to demonstrate my Methodology that I call "Ordered Chaos". . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity. each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
Education
by EuroMotif
3
Elliot wave perspective on bitcoin dominanceHello fellas, we've seen a huge moves on bitcoin in these past few days and in this specific post, I want to do a quick update analysis about the dominance of bitcoin. If you've seen my previous analysis about the correlation between bitcoin dominance and the bitcoin's price, you should know that lately bitcoin's price has a positive correlation with the bitcoin dominance. Looking at the chart, I use the daily chart which is pretty consistent for the use of swing trader and has a great confirmation whatsoever. Based on EW perspective, I see that the period between September 5th, 2019 - November 12th, 2019 was the A corrective wave in bigger cycle. And with this fact, we can easily see that the A wave has formed a type of Falling wedges or usually known as a leading first wave diagonal. Usually, after this action, we will see the B wave that correct the action of A wave in this market cycle and the B wave could spike to the upside that moves align with the golden pocket zone. But, other than that, we must consider the 70% level as a strong resistance for this dominance structure. with the price of bitcoin has a potential to touch again $8000 region, I do believe this dominance will have the similar spike as bitcoin has. The higher dominance level of bitcoin means the higher money inflow of the bitcoin and if more money inflow occur on bitcoin, we will see the demand spike comparing with the number of supply of bitcoin which will affect the increase of the price on bitcoin.
CRYPTOCAP:BTC.DEducation
by julio24albert
BTC pushing into crucial Impulse Redux: Bitcoin Battle of 2019 ?Every Bitcoin watcher has eyes on $7400-7500 right now. Dissecting the waves produces an exact map of the terrain. Bulls have many levels to climb, this one is most important. There is talk of "Head n Shoulders" and "MA crosses", etc. This method precisely defines the mathematical road map. The "Impulse Core" has the maximum energy of this wave. "Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least first approach if not several. This is part my ongoing series to collect examples of my Methodology. . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
COINBASE:BTCUSDEducation
by EuroMotif
2
Long BONDS? Bond futures strength could spell S&P 500 weaknessThe recent upside in the bond market has been in tandem with the upside in the S&P 500. The move higher in bonds is largely due to the lower rates in monetary policy. Which should not directly affect long-term bonds by much but they have had some effect. Over the past three months, Bonds have gone down while the S&P 500 has made a lot of gains. The 30-year bonds should rebound at the previous broken high which should hold as support. Max, the move may go down to the 50% retrace level based on the Fib retracement before rebounding. Till the retrace opens up we could see more upside in the equity market. The long extended wicks near support suggest the bond buyers coming in a pop above the recent high into all-time highs could crush the S&P 500. There is a chance that the bond market continues to drop through the support levels, the opening upside for the equity market. This is the tail end of bond investments that have grown exponentially over the last year. Correlations in markets are pivotal to identifying the current economic cycle on a longer-term perspective.
CBOT:ZB1!Education
by TRADEPROAcademy
Elliott Wave Channeling and Parametric Model of an Ideal TrendChanneling is the single most important technique that you must know in trading. Channeling: - can be used 100% of the time in all market conditions for both impulses and corrections. Price always travels in a channel until it breaks - there's never a single channel - there are always multiple nested channels and by breaking/bouncing off of their boundaries price travels between channels - the game is always to short/long main channel boundaries in a range or play breakouts - lets you know where exactly where the trend breaks and new trend or correction begins regardless of wave structure - helps with identifying the optimal hierarchy of nested waves, which waves are continuation of other waves, eliminates almost all of the wave count related guesswork. - breaking of a smaller channel can signal a break of a larger one well in advance - use as confirmation On a chart there are 3 channels: blue, green, red. Using channeling with Elliott Waves: - blue (base) channel connects 012 points/wicks and tells you where wave 3 ends (blue dot intersecting the channel boundary), otherwise this is not wave 3 - green channel connects 123 points/wicks and tells you where wave 4 ends (green dot intersecting the channel boundary) - red channel connects 234 points/wicks and tells you where wave 5 ends (red dot intersecting the channel boundary) - use fib price and time wave relationships to calculate price and time based wave targets The same method can be used in general regardless of wave structure - you must always connect 3 last pivots and draw a channel (2 in one dir, 1 in the opposite dir). Continue drawing new channels with each new pivot - soon you will get an idea of how price travels and why it bounces at certain points - boundaries of prev channels. - In a bull market you wait for any 3 waves down and buy. In a bear market you wait for any 3 waves up and sell. Waves can have multiple subwaves inside - you don't need to worry about that. Keep an eye on the main channel boundaries only. 1 wave = 1 channel - makes it easy to count them. Smaller channels appear inside larger ones - these are your nested subwaves. - If the main trend direction is unknown - don't trade or trade the range inside the channel with only small positions. - you can also use Modified Schiff Pitchfork with stddev warning lines - it's basically a channel with side sub channels - the last wave of a move (wave 5, C, Y, E) can end near the channel's median line or at its boundary, overshoot or undershoot it. At some times it's best to exit, other times - to enter at this points. - when wave 4 ends inside a channel, doesn't break it - buy, don't sell. - when wave 4 is near the middle line of the channel - this is just the first leg of the correction - breaking the channel only tells you that the current wave has likely ended. It can break out, correct and reverse, get back into the channel and continue the trend - breaking the channel doesn't necessarily mean end of a particular wave, it can be the first leg of a correction that has already started inside the channel from the last pivot or even 1 pivot back - use pitchfork warning lines (stddev), breaking a series of channels (starting from smaller and cascading to larger one), breaking the last known trend pivot and high volume to confirm trend change. Also watch these videos: Must see - channeling elliott wave impulses, using price time fib relationships www.youtube.com www.youtube.com the mechanics of WXY double zigzag and combo corrections www.youtube.com triangles and exp flats www.youtube.com ______________________________________________ Parametric Model of an Ideal Trend 1) slope: wave 1 slope = 71 degrees wave 3 slope < wave 1 slope wave 5 slope < wave 1 slope 2) price: wave 2 = 50% of wave 1 wave 3 = 1.618 of wave 1 wave 4 = 38.2% of wave 3 wave 5 = 100% of wave 1 wave 4 splits waves 0-5 at 38.2% 3) time: wave 2 time = 100% of wave 1 time wave 3 time = 1.618 of wave 1 time wave 4 time = 1.618 of wave 1 time wave 5 time = 100% of wave 1 time wave 3 end time is usually 100% or 161.8% wave 1 time or 61.8%, 100, 161.8% or 261.8% of wave 1 + 2 time wave 4 end time = at least 100% of wave 2 time or 100%, 161.8% or 261.8% of wave 3 time or 61.8% or 100% of wave 1-3 time wave 3 end time is also 38.2%, 50 or 61.8% of the entire wave 0-5 impulse cycle time usually either fib price or fib time is respected in waves 1-4 - whichever comes first, you can have a series of boxes for certain price-time combinations as targets. in an extended wave 5 both price and time fib relationships are usually respected, other waves may not respect both time/price 4) volume wave 3 has the highest volume 5) divergence wave 5 has divergence on RSI, EWO 6) structure waves 1,3,5 - 5-wave impulses wave 2 = zigzag wave 4 = triangle or flat if end of wave 3 vol bar >= subwave 3 volume bar i.e. volume increases => wave 5 will be extended, otherwise wave 5 will be normal short wave, not extended either end of wave 3 bar (followed by a normal wave 5) or end of extended wave 5 bar have the biggest volume in the whole move in an extended wave 5 - wave 5 end can be 61.8, 100%, 161.8% of wave 0-3 => wave 5 end can be projected - subwave 4 divides the whole wave 0-5 move: at 38.2%,50% (61.8% only for normal wave 5) => wave 5 end can be projected in normal wave 5 - wave 5 end can be 61.8, 100% of wave 0-3 - subwave 4 divides the whole wave 0-5 move: 78.6% or 61.8% or 50% of entire wave 0-5 impulse cycle price/height (78.6 up from wave 0) P. S. This is the Way
BITMEX:BTCUSD.PEducation
by RagingRocketBull
3
"Pulse" of an asset times Fibonacci: Bitcoin near 9.618 nowPart of my ongoing series to catalog waves within moves. This specimen is from "Chapter 5" of my methodology. The 9.618 extension is a very important landmark of any move. Abrupt reversals are very common, in all assets and time frames. "9" is an interesting number even though it is not a "Fib number". . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity. each line Tried and Tested. each line Poised to Reflect. Confluence of 2 is Dependable. Congruence of 3 is Respectable. Coincidence of 4 is Worshipable. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
COINBASE:BTCUSDEducation
by EuroMotif
2
Analisis tecnico y cientos de PipsPodemos ver como con el análisis técnico, con acción precio, se pueden agarran buenas y efectivas entradas, no es necesario algún indicador, sin embargo es ideal apoyarse en la herramienta de Fibonacci para tener mas seguridad de su operación. Siguiendo los principio de Ralf Ellitot, podemos ver la estructura definiendo las 5 olas de ese ciclo del mercado, aprovechando así la tendencia, y que los pisos pasan a ser techos, para confirmar con velas de 4 horas bastante información para tomar la decisión de entrar en los trades y tomar buenas ganancias, siempre surfeando la tendencia, dejándose llevar por la ola del mercado. Nota: En la imagen me confundi, se compra cuando techo sea piso. Claremente se ve como el techo pasa a ser piso. (No piso a techo, eso seria venta)
Education
by Mario_Roldan
Strong support, what's next?Here is current bitcoin's bias on short term. we can see that the down trend channel is holding true and current price is moving just slightly above the lower line of the channel. Not just touching it, it has touched the strong psychological support which is around $8000 region. we might see a dead cat bounce from this area and challenging the previous broken support that is now become resistance around $8500 region. On lower time frame, I haven't seen any sign of bullish pressure yet. the price keep moving sideway around $8050 - $8200 region which is not significant and not worth to enter long position for now. We must once again consider the higher time frame as a wider horoscope of potential direction of the price in the near future. The wide range of support could still be in play with a possible huge wick to the down side before it starts the bulls rally in short term. we must to be very reactive and very cautious at this levels, considering the wick fish is becoming the natural behavior a past movement. I am still waiting for potential dead cat bounce, but I don't think that this is the right time to enter long position.
BITFINEX:BTCUSDEducation
by julio24albert
Is This a Coincidence?Bitcoin, if you still remember my yesterday's post about bitcoin, this is once again coming through and yesterday's candle has the alignment with our yesterday's analysis. The price is coming very close with the golden pocket zone around the $7000 region. And I really think the dead cat bounce will occur at this area when the price reach the current support level. But, the REAL key support will be around the 78.6 fib retracement levels which is becoming the last fibonacci levels of confluence. Looking at the 78.6 fib level, which is becoming the key support, we must see and extend the price action that occur at this rate of support. we have known that the price is having confluence with the previous key and critical bounce in the market. It has the confluence with the broken resistance on October 2017 and with the broken support at November 2018. Just like what we know, the first resistance is the first time the price start the up trend rally on 2017 and the second confluence, is the first time the levels confirm the down trend back at 2018. Is that a coincidence? There is no way such as coincidence in the market. If we see this from the psychological factor, Current period will be a good period for bitcoin to show the world and the stakeholders that bitcoin is worth to be aligned with another safe haven instrument. Beside, the adoption that happen recently, this will be a good consolidation phase for bitcoin. I don't see current potential down trend as the "real" down trend, I see it more like a good consolidation during the huge up trend upcoming. I don't care if the price may touch the $6000, $5000 or even $2000. As long as it has the adoption of the blockchain, I will keep doing the dollar cost averaging. Because Blockchain will become the future of all financial aspects in this world.
BITFINEX:BTCUSDEducation
by julio24albert
3
"Pulse" of an asset times Fibonacci: NZD.USD minor Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least first approach if not several. This particular study is of NU after surprise RBNZ rate decision. Initial spike up (just to the left) was faded by this Impulse Wave. This Impulse Core will help determine whether buying will continue. This is part my ongoing series to collect examples of my Methodology. . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
Education
by EuroMotif
Golden pocket and MACD golden crossover?Hello all, welcome back to the Sunday market update! Beside the sideways moves during the movement of last week, here it comes again the interesting in the crypto market. Patience is the key before you jump in the market for now. Let's do this technical analysis about bitcoin. Like what I've shared on the previous analysis of the bitcoin, $8500 is moving align with the golden pocket zone and the $8000 is moving align with the .786 fib levels and both levels obviously are a major support that must be respected so far. The $8000 is a huge psychological zone for bitcoin, Huge price action activity has occured in this level which is great! Knowing that current price is moving just near the golden pocket zone as a great support, we must realize that the moving average line on MACD is having a big probability to do a golden crossover on 4 hours chart. The RSI has shown us a bullish divergence with lower low on price action but higher low on RSI. This is a perfect set up for long opportunity. I will open a long position if the price claims back the $8700 as the shadow support respected and of course when the golden crossover occur on the MACD dynamic line. Patience is the key, waiting will keep you on the track.
BITFINEX:BTCUSDEducation
by julio24albert
"Pulse" of an asset times Fibonacci: XTC sport of Golden GrowthThis Concept is part of my ongoing study of Fibonacci Ratios applied to Assets. This Chart captures a spurt in XTZ.USD (Tezos) which grew with perfect Ratios. This Case belongs in " Chapter 5: Golden Growth " of my " Pulse of an Asset " series. This type of growth has been called "Exponential" or "Parabolic" by many analysts. This occurrence is actually NOT very common in markets at a scale we can see. This DOES occur at microscopic levels but is difficult to capture at those levels. This is part my ongoing series to collect examples of my Methodology. . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
Education
by EuroMotif
The Precision of Break Out StrategyHello All! Welcome back with me in this another bitcoin analysis. First of all, I want you to look at my previous analysis about shadow support on bitcoin in this article which is holding true. We have seen a spike to test the previous broken support that is now become resistance. On this chart, we will cover the mid term view of the bitcoin's movement. First of all, I want to repeat again the knowledge of the break out strategy that I am using. So, here it is : 1. Initial Break Out : is the initial try of the price to surpass the support or resistance and on the higher time frame, we see it close just out of the current range. 2. Retesting the previous broken level : Just like the basic terminology, what ever that goes up, it will retrace to find another point of interest. In this case usually we see a pull back after the broken out of the previous support or resistance. Usually we saw a rejection toward this previous s/r and this will be our ideal entry for longing or shorting. 3. The real Break out : Price will start its rally after the phase 2 get a clear confirmation. Therefore, I see in the mid term, there might be a potential reverse in price to the blue resistance trend line. because since the initial break out of this resistance trend line, we haven't seen any test toward this previous resistance that is now become support. And within this terminology, I personally very interested in looking for the fibonacci level to determine which will be the candidate for support level. I see these 2 levels, which has confluence zone with the resistance trend line. They are the golden pocket around $8500 and the 78.6 fib retracement around $8000. However, this 2 levels of support was previously become a price range since September 25th until October 20th. Although there are a lot of bearish bias that occuring in the market, I am still hoping that the $8000 can hold the price from further drop. Drop from current level will cause the chance of the price hit the $6000 or lower will getting bigger.
BITFINEX:BTCUSDEducation
by julio24albert
1
2020 BULLISH GOLD??During the potential global market recession in the next 1 year, gold can be one of several options for investment to hold. we will see gold pushing high to the $1600 or even the $1750 region as well. Beside the fundamental stats that show us a heaven in gold, the elliot wave is looking impressive too. Talking about elliot wave analysis, we can't separate is with psychological factor in the market. we have seen a frustating market consolidation since 1980 - 2004 and I will classify this phase as the 2nd wave which form a flat pattern of correction. And based on the elliot wave rules and guidelines, If the wave 2 forms a flat pattern that usually is more complicated, the wave 4 must be more simple than wave 2. Therefore, I assume this wave 4 as a simple zigzag. The next assumption is about where will the correction ended. Looking at the previous wave 2 which retrace at the 78.6 fib retracement, therefor I will assume that wave 4 will retrace Not more than 78.6. and based on this rules and guideline, it moves align with confluence zone at golden pocket and 1.1 fib extention. 2020 will be bullish at the beginning of the year, but reaching the end of 2020, the great depreciation of gold will likely to happen.
FX_IDC:XAUUSDEducation
by julio24albert
1
USDZAR Educational PostHappy Wednesday! As we continue our study of this pair USD/ZAR we see price is at a very key point in the market. The market opened on Sunday with a gap. Price continued it's descent and pulled back to the 38% key fib level, which is also right at the market open gap point. Will price trade above Sunday market open, which will lead us to higher price, or will price continue down after the pullback (rhetorical question). For now it's a good watch or perhaps a scalp. This is a study for demonstration and educational purposes only. Thanks for studying. We should visit back and play forward to see how price reacted, which helps us to build knowledge for future trade ideas. Sometimes the best trade to make is no trade at all, while we study price action. Please note, the arrows are not pointing towards a particular take profit area, but I am showing that price COULD reach these points. How do we know for sure? WE DON'T. We must continue to study price action along the way to gain better insight. Price action and market structure is EVERYTHING when studying for trade ideas. Price doesn't have to reach particular points. We see what the market is doing and REACT accordingly. Protection of capital is key. Please study progression of my previous ideas below to aid in your study. Study is most important versus taking signals. You build knowledge to call your own trades, independent of others traders ideas which are all speculation as well. We can only speculate, not dictate the markets. Feel free to offer your comments as well as we study the markets.
Education
by mrsceleste
2
BTC Short term viewHello fellas, welcome back with bitcoin update again and again. Coming to the consolidation zone, we can see a lot of frustation and a lot of uncertainty has came to this crypto space. The only good view is on the altcoin market which is holding its most of the bottom support. A coin like Omisego, Nano, and Stellar (beside the coin burn fundamental) has surged up from its bottom, this will once again become the indication of increasing attraction of free money to this altcoin market. Coming back to the bitcoin insight which always phenomenal and being unpredictable, I want to analyze it in short term view and in lower time frame. Based on my technical analysis, we can easily see that the $9500 has been a very very huge resistance for bitcoin. In last few days, we have seen a very sideways market. But, slowly the price is forming a higher low structure since October the 26th, 2019. Therefore, it forms like an ascending type of the triangle. Although a lot of bearish pressure has intimidate the bulls for a long time, but the bulls still remain strong and consistent at least at lower time frame. I could change my bias from bearish to bullish short term as if the price can break the $9500 and we can see a push further toward $9700 or even the $10000 region. But, as long as the resistance is remain valid, I am still bearish short term. Anything can happen in crypto market.
BITFINEX:BTCUSDEducation
by julio24albert
Ordered Chaos: "Confluence of 2": ETH Fib Map of Energy BandsEther is at an important resistance. Either it breaks double fibs above, Or it will reload at triple fibs below. Green Fib is pushing upward. Red Fib is pushing downward. Purple is pushing downward. Each Fib and its Ripples are noticed. 2 Fibs aligned increase the energy. 3 Fibs aligned amplify even more. Part of my ongoing series to share my methods. . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity. each line Tried and Tested. each line Poised to Reflect. Confluence of 2 is Dependable. Congruence of 3 is Respectable. Coincidence of 4 is Worshipable. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
COINBASE:ETHUSDEducation
by EuroMotif