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KAVAUSD / KAVAUSDC Watching KAVA here on the daily, and it’s at a key decision point that could define the next leg. We’ve got two sets of Fibonacci retracements drawn: the first from the March 2024 high to the August 2024 low, and the second from the August low to the December high. Right now, price is retesting the 50% level of the larger March–August move—aka the midpoint of the macro range—and it's still holding above the 50% retracement of the more recent August–December leg. We’re also sitting right on the 38.2% Fib of that second move, which tends to act as a key area for potential higher lows. The idea here is simple: I’m playing for a daily higher low. We had a strong move off the December lows, followed by a healthy consolidation, and this is where bulls need to step in. Structure-wise, this is the ideal area for bulls to attempt a defense if the trend is going to continue. EMAs are curling up, and price is still holding above the 12 and 26 EMAs for now, which gives me confidence in a potential bounce. If the Trade Goes as Planned (Bullish Case) If buyers step in here and confirm a higher low—ideally somewhere between $0.48 and $0.50—we’d expect a continuation toward the recent high at $0.56. If that level breaks, then $0.64 becomes the next area of interest based on prior price structure and confluence with the upper Fib retracement levels. From there, we could even make a push toward the $0.74 area, where the last major rejection happened in late 2024. A strong bounce here also sets up a potential inverse head and shoulders structure on the daily if we revisit that neckline around $0.56 again with momentum. In short, a higher low here gives the bulls the setup they need to retake trend control. If the Trade Fails (Bearish Case) If price fails to hold the $0.48–$0.50 region and breaks below the August–December 50% Fib level, then we’re likely heading back to the $0.44 zone. That’s where the 200-day SMA is sitting, and it’s also a major pivot from previous support. A loss of that zone opens the door to a full retrace toward $0.39 or even $0.37—last seen during the November-December basing structure. In that case, the trend would flip neutral at best and would require a fresh base-building phase before bulls could even think about regaining momentum. TL;DR Thesis: Playing for a daily higher low above key Fib levels and EMAs. Bullish Target: Reclaim $0.56 → push toward $0.64–$0.74 if momentum follows through. Bearish Invalidator: Break below $0.48 = likely revisit of $0.44 or lower. Not financial advice. Just sharing my thinking as I try to stack confluence and play the levels. Let’s see if this bounce gets legs.

Diving into the TIA Daily Log Chart got me thinking, and I wanted to bounce some ideas off you all. I've been playing around with measured moves from past breakouts to get a feel for where the current momentum might take a breather. Interestingly, what I found syncs up with the 2.16 Fibonacci extension level. There’s this neat confluence happening right around the $38 mark, which, if you crunch the numbers, spells out a potential 100% jump from where we stand now. Breaking Down the Approach So, here's how I approached it on the log charts. The beauty of log charts lies in how they focus on percentage changes rather than just straight-up price differences. This perspective is gold, especially when you're trying to map out moves that span various price levels over time. Let's say a previous rally saw a 50% uptick. Applying that same percentage to our current situation gives us a ballpark figure for the next pause point. Fibonacci Now, onto the Fibonacci extensions. These bad boys are all about forecasting where prices might head next, especially beyond the current action. Rooted in the Fibonacci sequence (you know, each number is the sum of the two before it), these extensions help us spot potential resistance or support zones. The 1.618 level (aka the Golden Ratio) is a crowd favorite, but there are other levels like 2.618 that also come into play. Linking these measured moves with the Fibonacci extensions has thrown up an intriguing possibility for TIA. The roadmap seems to be pointing towards that $38 level, matching the 2.16 Fibonacci extension. It's like the stars are aligning, signaling a pretty exciting move that could double the current price. I’m really eager to hear what you folks think about this setup. Does the $38 level catch your eye as well? Merging these technical tools, like measured moves on log charts with Fibonacci extensions, gives us a solid frame to speculate on future price movements. It's always enlightening to share insights and tweak our strategies based on collective wisdom. What's your take on applying this blend of analysis to the TIA chart? By no means am I a professional--just trying to learn a few things along the way. Peep the chart and let me know your thoughts. I'm always looking for ways to improve my trading! Not financial advice :) Cheers!Some could consider this the retest--always use stop losses!

In a comprehensive analysis of the historical logarithmic weekly chart of UMA-USD on Coinbase, we can glean valuable insights from the interplay of candlestick charting, the Head and Shoulders pattern, and the significance of analyzing volume. This combination offers a multifaceted view of market dynamics and potential trend reversals. Head and Shoulders Pattern The Head and Shoulders pattern observed in UMA-USD is a classic bearish reversal indicator. Comprising three peaks — a higher peak (head) flanked by two lower peaks (shoulders) — this pattern signals a shift from bullish to bearish sentiment. In this case, the pattern took several weeks to form, with symmetry between the shoulders adding to its reliability. Volume analysis further validated the pattern, with a decline in volume at the right shoulder and a spike at the neckline break. Logarithmic Charts and Percentage Change The use of logarithmic (log) charts is crucial in understanding price movements over a wide range. Unlike linear charts, log charts represent price scales in percentage terms. This means that equal distances on a log chart reflect equal percentage changes in price, offering a more accurate picture of relative price movements, especially over long periods or across large price ranges. In our analysis of UMA-USD, applying log charts and focusing on percentage change provided clarity in interpreting the Head and Shoulders pattern. By measuring the depth of the pattern in percentage terms (from the head's peak to the neckline), and projecting this percentage downward from the neckline break, we established a more accurate and relevant price target, considering the exponential nature of market movements. Candlestick Charting and Bearish Engulfing Pattern Complementing the Head and Shoulders analysis is candlestick charting, a method that graphically depicts market sentiment and price action. Each candlestick in this chart type shows the opening, closing, high, and low prices for a given period, offering a vivid picture of market dynamics. A key feature in our analysis is the bearish engulfing pattern. This pattern is marked by a smaller bullish candle followed by a larger bearish candle that completely engulfs the first. It signaled a strong bearish reversal, suggesting that the market sentiment had shifted from bullish to bearish at the peak of an uptrend. Volume Analysis Volume analysis is a critical aspect of trading, providing insights into the strength behind price movements. In the context of the Head and Shoulders pattern and the bearish engulfing candles, the following principles were applied: Volume on Peaks: Ideally, the volume is higher on the left shoulder and diminishes through the right shoulder in a Head and Shoulders pattern, signifying weakening bullish momentum. Volume on Breakouts: A spike in volume during the neckline break of the Head and Shoulders pattern or during the formation of the bearish engulfing candle adds credibility to the bearish signal. Trading Implications The combination of log chart analysis, analysis of candlestick patterns, and volume analysis offered a rich, multi-dimensional view of the UMA-USD market scenario. This holistic approach is crucial for traders, as it provides a more comprehensive understanding of market dynamics and potential trend reversals. For traders, the historical analysis of UMA-USD serves as a lesson in the importance of integrating various analytical methods. It highlights the need to consider not just price movements but also how these movements relate in percentage terms and how they are supported by trading volume. Such insights can lead to more informed decisions in future trading setups. Always use stop-losses when trading! Not financial advice. Cheers :)

In examining high timeframe setups for SKL on Coinbase, I was initially drawn to the notable trading volume, a key indicator of market interest and potential trend shifts. Upon further analysis, an Adam and Eve pattern emerged on the chart. This classic pattern in technical analysis signals a potential reversal from a downward to an upward trend. It features two parts: the Adam, a sharp and quick V-shaped bottom, and the Eve, a more gradual and rounded U-shaped bottom. The pattern's completion, indicated by a breakout above the resistance level, often suggests a bullish uptrend. For SKL/USD, applying this pattern involves measuring its depth and using this to project a price target from the breakout point. Importantly, on logarithmic charts, it's more effective to use percentage changes rather than absolute dollar values. This approach ensures consistency across different price levels and better aligns with the exponential nature of market movements. In the case of SKL/USD, if the Adam and Eve pattern is confirmed, we'd calculate the pattern's depth in percentage terms. This method offers a nuanced perspective, particularly important in logarithmic chart analysis. Our goal would be to apply this percentage change at the breakout level to determine a future price target. While I'm not claiming expert status, the current scenario suggests two possibilities for SKL/USD: (1) we teleport to the June 2021 Monthly Close over the next few weeks, or (2) we consolidate between $0.04 and $0.12 before (hopefully) pushing to the $0.23 to $0.24 level. I've personally been averaging into a position the last few weeks/months, but I'd like to get some thoughts from the community. What do you see? What am I missing? Always use stop losses! Not financial advice. Cheers :)A bit late in updating this, but the linear target was reached for a solid 70%+ gain. Still waiting to see what happens from here--will we hit the log target as well? Don't forget to move up stop losses! Not financial advice.

Just looking back at SEI-USD on COINBASE and figured I'd put my thoughts out there. By no means am I a professional--just trying to learn a few things along the way. Peep the chart and let me know your thoughts. I'm always looking for ways to improve my trading!Never be afraid to take partial profits! The strength of this going into the BTC ETF approval is incredible. Hard to determine the ATH given the range of prices across exchanges at listing, but this thing could go into price discovery and absolutely shred to the upside. I'm moving up stop-losses to an appropriate level and looking for signs that a top is forming. Definitely not making moves until a top is confirmed. Not financial advice :) Cheers!

BTCUSD COINBASE SWING LONG Personally, taking a stab at a long position here. COVID19 has the market acting crazy so I'll have a tight stop!Comment: Well this worked well.Comment: Ha funny to look back on. If I've learned one thing from this, always zoom out. Stay calm. Have a plan and execute.