Get started

Fibonaccifan

Using Fibonacci FAN to measure BTC correctionsNo matter what the outlook may be, if the price exceeds the 50 Fibonacci Fan level, there is a greater than 50% chance of a sharp correction and a possible reversal of the current bearish trend to a more bullish cycle. Optimism is not going to change this fact. I use it to measure the corrections. The Fibonacci Fan is a technical analysis tool used by traders to identify potential support and resistance levels in the market. It is based on the Fibonacci sequence, which is a series of numbers where each number is the sum of the previous two numbers. The Fibonacci Fan is drawn by taking two points on a chart and then drawing a line that is based on the Fibonacci sequence.
BITSTAMP:BTCUSDEducation
by armigoldman
BTC Break-out or Fake-out!BTC was oscillating inside a descending channel since early Nov 2021. Santa gave us a break-out pattern before Christmas but the 3rd retest of the top of channel was not successful and we went right back into the descending channel again. The Fib Resistance Fan showed strong supports and resistances during this period as well. Yesterday, BTC broke out of the descending channel and today it's retesting the top of it. As one might notice, Fib Fan 0.25 has been acting as a strong resistance for BTC since end of Dec 2021. Can BTC gain enough momentum to break this resistance level and get to Fib Fan 0.5 (~$45K) or even Fib 0.236 (~$46.5K)? Lets wait and hopefully see a long green leg kicking us up! Don't forget the power of Fib Fan Resistance levels! P.S. This content is only for educational purposes and SHOULD NOT be considered as financial advice. Please do your own research before investing in any type of asset.
COINBASE:BTCUSD
by MajicMoose
1
Another red days comeHi every one, In the last past days markets had very complecated situation without any breathing rest time and I know there is a lot of people lost money or at least were panic. But the bad news for them is there will be another drop again. As I illustrate in this particular market, price goes down at least to 30 USD or maybe a little more. And then market have to choose one of the pathes I draw to continue its bearish movement to go more more down. I hope you enjoyed of my analyse. For more updates please follow me. Also if you have the question please make a comment and let me know. Thanks for your attention. Best regards.
Short
by BearishCryptos
THETA UNSTOPPABLE. BIG INVESTORS. BIG OPPORTUNITY. $12.THETA.TV. Samsung invested. Sony invested. Gfuel invested.Huge capital funds have noticed. The future of paid streaming and rewards for both streamers, viewers, AND NFT marketplaces. Big players have dropped billons into this within a month. Mainnet launches in 38 Days. There are 4 events planned before then. Samsung VR and the NFT space isn't going anywhere. And with the co-founder of YouTube being the head Media Advisor for THETA.tv, you'd be hard pressed to find a more positive indicator. *Disclaimer: Not financial advice. Just my projections.
Long
by solomonopoly
LINKUSDT - UP or DOWNIn nearly a year, this coin has grown up almost 30 times, I think it's time to bring it back to the ground. A few signs indicate that the bullish momentum and the volume of this coin are decreasing. Price action in a sensitive price zone between $ 28-34.5 can tell us what to do. I set up a sell order at $ 32 to test my point and waiting for my profit, or if wrong I will stop loss at 35 $. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Above is my personal opinion, I do not encourage anyone to follow suit, please manage your money, Good luck! Xin Liar
Short
by XinLiarBaby
2
FILUSDTDear mate, I have been following FIL for a long time, and have noticed this coin is accumulating at the bottom of a downside channel (Week, Day). After bottoming out at under $ 20, FIL is moving into a new bullish channel. Checking my chart above, you can see that FIL is slowly breaking resistance levels in the long term down the channel and showing signs of breaking out of the resistance levels in the bullish channel. I have placed my money at 21,2, 22,8, and 23.9 since mid-January. Things did not go as expected when the market grew strongly and the coin was still in the buying zone. However, I believe a strong bull run is coming The closest target would be 28.4. If you intend to buy it, I recommend keeping it under 23.8 $ Above is my personal opinion, I do not encourage anyone to follow suit, please manage your money, Good luck! Xin Liar
Long
by XinLiarBaby
Sell of Sterling Pound for bad news of United Kingdom!!!Hello, this week Sterling Pound was the bad news of the No-Deal Brexit and investor is option to buy U.S. Dollar than buy Sterling Pound. Well, in H1 timeframe we found out with a Fibonacci speed resistance, that mean a Fibonacci's Fan, the trend is confirmed the 0.382% of Fibonacci's Fan and then, I entry in the 1.2934 USD to find down 160 pips o the drop while correlated the EUR/GBP is bullish about the ECB news!!! The latest analysis that i show is to study Sterling Poudn is so difficult and hard because Sterling is an volatil asset's and the movement is so fasting, so so faster its movement that in 1% is 160 pips, it's so crazzy to know and studying this assets. But now, we are in Daily and Sterling Pound is leading to the Daily yellow support, that is exactly what is our take profit. Well guys, at the moment, this is my analysis that I make this week.
Short
by harisonhbn9718