ethereum Ethereum and Fibonacci Ethereum This will show the importance of the Fibonacci retracements no matter how wild the swings are, as we believe they are the underlying structure of all markets. We will cover the last five days in what could be called the most volatile in Ethereums history. Starting with the 1349.
Bitcoin Bitcoin and the FIBS Bitcoin This meteoric rise in Bitcoin from 3/13/20 low at 3808.00 has produced few setbacks and the ones that they did have either came right into a Fibonacci retracement or held above 38.2% to keep the trend intact. The first chart is a daily starting with
Bitcoin Bitcoin/Ethereum Quick update Bitcoin/Ethereum longer term Bitcoin has hit the 32,100 long term target and traded well through it, however it has not closed above it. On any break from this area look for the new swing point at 27,500. With a solid close above 32,100 it
Bitcoin Rip Roaring Bitcoin and Ethereum BITCOIN The explosive move higher in Bitcoin took it up through our long term target of 32,100, this will now be our long term swing point. As long as they stay above it the next long term target is 44,100. Just as powerful as this rally has been
Bitcoin Bitcoin/Ethereum ONE44 Analytics where the analysis is concise and to the point BITCOIN Our long term target is still 32,100, however if they close back below the 28,300 major Gann square, they can set the market back to the 24,500 major Gann square. This was the old long
Bitcoin Bitcoin/Ethereum Bitcoin The hesitation in front of the 24,500 long term target lasted a week, but didn't break. Now that it has taken out 24,500 the next long term target is 32,100. They have already reacted from the second major Gann square at 28,400 mentioned
Bitcoin Bitcoin The retest of the long term swing at 16,300 on 11/26/20 has now taken the market to just short of our long term target of 24,500. This is a major Gann square. A setback from this area can take it all the way back to the
Bitcoin Bitcoin Update ONE44 Analytics where the analysis is concise and to the point Bitcoin The last rally from our long term swing of 16,300 took the market to new highs. As you can see on the chart every setback on the rally from the 3/13/20 low came right back
Bitcoin Bitcoin Update BITCOIN/BTCUSD The current break from the 11800 long term swing point continues to trade below 23.6% of the move up at 10450, this is also a major Gann square. You can use this as the short term swing point. They will have to stay below 38.2% of
Bitcoin Bitcoin Bitcoin had one close above the long term swing point of 11800 again, but could not confirm a move higher with the second higher close. Yesterday's close put the market on the defensive once again. The long term target on a break from this area can take it
Bitcoin Bitcoin Bitcoin has failed to maintain close's above the 11,800 long term swing point. This now puts the market on the defensive and as long as they continue to close below it, the target is 38.2% back of the current move at 9300. Getting back to this
barchart trader Bitcoin They continue to trade around the long term swing point of 11,800, the last few days it has closed above this level and as long as this continues look for the long term target of 16,300. A normal break on a failure to stay above this level is
Bitcoin Bitcoin They hit the next target level above, which was the area of 11,600, a major Gann square and 11,700 this is 78.6% of the move back to the June 2019 high.This is the long term swing point, a break from here should take them 38.2%
38.2% Rule Bitcoin/EURUSD Both of these markets got up to and through the long term targets. he target for Bitcoin was the area of 11,600 and 11,700. The first one was a major Gann square and the second was 78.6% back to the 6/26/2019 high. They did trade
Fibonacci Retracements Bitcoin 10,050 target has been hit BITCOIN After holding the swing point of 8850, this was 23.6% back to the 3/13/20 low, they have now retested 61.8% back to the 6/26/19 high, this is 10,050. As we have mentioned before, the long term
Bitcoin Bitcoin Update BITCOIN This is an update to the previous outlook on 7/8/20,Bitcoin continues to hold the long term swing point of 8850 and now is above 38.2% back to the 6/2/20 high, this is 9440. Provided they can get a couple close's above
Bitcoin Bitcoin Caught between two major Fibs The long term target on the break from 61.8% at 10,050 remains at 6380, this is based on the 61.8% rule. The break from this area has also held 23.6% of the rally at 8850. So, they are now caught between
Bitcoin Bitcoin, target hit! The rally in Bitcoin from the major Gann timing on 3/13/20 has now hit the upside target area of the 7600 major Gann square and 38.2% back to the 6/26/19 high, this is 7700.
Bitcoin Bitcoin Target They are now approaching the first target area since the low, this is 7600 to 7700
Bitcoin Bitcoin and minor Gann squares Bitcoin The market continues to hold the area between 9540, this is 23.6% back to the 12/18/2019 low and 9425, a major Gann square. As long as it remains above this it is very positive and the long term target is 11,030. The reasoning for this
Gann Square Bitcoin The ONE44 target remains at 11030 We continue to look for 11,030 in Bitcoin on the rally from 7200 based on the 61.8% rule, this was outlined in a post on 1/14/2020. The current rally from the 12/18/2019 low fell just short of 38.
