ZECUSDT Poloniex - Still Heading Down In my Opinion

Do not assume I'm implying we are heading down to the price point indicated at the 0.618 FIB RT Price Point on THAT day. Simply drew lines to show where we're going.

I will add another chart shortly with indicators...

تعليق:

تعليق:

Fair warning on ZECUSDT Polo and ETHUSDT Polo:

I WAS UNSURE WHERE THE 2ND GUN DOWN WAS LOCATED DUE TO THEM BOTH HAVING A VERY ODD TRADING RANGE FOR SUCH A LONG TIME. SO, I'M NOT AS CERTAIN ON CLOSE ENOUGH ENTRY FOR THESE TWO PAIRS AS I WAS FOR REPUSDT FRO EXAMPLE; WHICH WAS MORE CLEAR.

تعليق:

I still see plenty of room for downward pressure on ZECUSDT. So, we "might" still get down to my 0.618 FIB RT +/- 2.3% ($366.234 to $349.775)

تعليق:

moved the red arrow and the price point over more towards the price action:

تعليق:

تعليق:

Had a typo in that black box. It should have said the following:

$436.536 (+/- 2.3%) = $446.576 to $426.495

تعليق:

ZECUSDT 4-Day TF:

This is the last day of our current 4-Day candle. Meaning a NEW 4-Day candle begins tomorrow. Which means the indicator will update and the Stochastic RSI should bottom out at 0.0% level. It should not be long afterward that we begin turning upside.

So, I'm expecting a fairly strong spike up sometime between the beginning of the NEW 4-Day Candle on Sunday and the next 4-Day Candle on Thursday.

تعليق:

The Blue 0.236 FIB at $207 is about as far down as we go in my opinion.

تعليق:

Approaching $207.72848

15m TF: