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Fibs

A Bitcoin Fib-Time Based Cycle ConceptHere we look at a quirky emoji infographic showcasing one of five potential Bitcoin cycle concepts. Using trend-based Fibonacci Time Extensions, I've drawn them since the inception of Bitcoin's first impulse rally from 2009 to its 2013 all-time high. These are then projected sequentially four times to 2025. While it seems simple, and not perfect, it appears to be quite effective and has not been invalidated to date. Importantly, this is not a price prediction or estimation, nor does it offer an overall bearish or bullish take. Although the outlook seems bullish, cycles can play out over years, and we may not have seen Bitcoin's final cycle just yet. This is why it's the first of five concepts (long & short Term) I'll explore and adapt alternatives in the coming weeks and months. This merely presents a conceptual analysis of Bitcoin's time and cycles, highlighting key pivotal points worth watching. Timing can be just as crucial as managing risk. Having a plan to correlate these factors allows you to spend less time watching charts and more time enjoying whatever you want. Key Takeaways: With a 1-2 weeks variance, each fib level (signpost) approximately triggers the next phase. It is within that phase expect the noted legend and take that mindset. Each fib range marks 1456 days with 728 being the halfway point of each sequence. Note that 0.5 is not an actual fib level. Once a cycle of phases is completed, rise and repeat. We just passed the Halfway point in early Nov 2023. This current cycle is projected to end in Nov 2025. This is purely a concept and not financial advice. I apologise for the resolution. A screenshot can be viewed here: Enjoy!
INDEX:BTCUSD
by LiquidMafia
$SLP is turning resistence into support on daily 1D frameNASDAQ:SLP Smooth Love Potion is holding nicely over several suports It is holding above 200MA 1D, above 200EMA 1D and above long term fib level And it is retesting as a support the anterior blue resistence! Bollinger Band is narrowing (gray) and there is also strong support from Visible Range Volume past trades (horizontal bars on right) As the target of the down wedge has already been achieved (pink arrow), it may be forming a kind of a triangle on these last 20 days
by CCCLopes
1
BTCUSD to 90KINDEX:BTCUSD Will likely top out @ ~90K Bearish cycle (12345) wedge was broken (A) and tested (B) with (ABC) correction to 0.5 Consolidation (WXY) around 0.618 of the bearish cycle Breaking of the intermediary wedge and 0.5 of the bearish formation on (1) first impulse Bottom of the bullish wedge touched (1) end Testing of the intermediary wedge after breakout (2) Breaking into the bullish wedge (3) Bounce on 0.764 (4) Limit testing upper side of the bullish wedge around 90K (ABC) correction around 0.764 of the whole (12345) likely Limit testing Lower side of the bullish wedge around 55K 0.618 of the (12345) ✌️
INDEX:BTCUSDLong
by MVPMC
1
Pendle and the missing Fib - potential for a 30% correctionI like Fibs. Especially in crypto. Wherever I see a well-defined and significant run up or run down in the historic price action I draw some basic extension Fibs (yes, sometimes upside down as well - I don't care...). Then I check whether these Fibs have historically been, and are being, acknowledged. If so, then that set of Fibs is what I use for trading. As I need some historic price action to feel comfortable, I'm not particularly interested in new crypto's and, as usual, I made it to Pendle well and truly late for the party (little green arrow shows where I finally got in). But what saw I liked. Pendle responds really well to one particular set of Fibs that are the upside down extension Fibs of the original run down from late-2021 to mid-2022 (see weekly linked chart of Pendle's full price history below). All the Fibs from this set that the price action has encountered during its meteoric rise have been properly acknowledged - except for one... After duly acknowledging the 1, the 1.618, and the 2.618 fibs (white circles), the Pendle price action completely ignored the 4.236 fib in late March (orange circle)! This took me by surprise as I clocked out and cashed in my chips at that level (red arrows). Damn! Needless to say, the next fib on the list, i.e. the 6.857 fib, is where the price stopped. Now, you can call me superstitious, but I believe that there's NO WAY that Pendle can keep going up without first coming down. :) Bitcoin is still on a sideways wobble and I'm expecting it to correct just that little bit more before the deck is cleared for a further run up. If so, then I expect this to be the perfect opportunity for Pendle to do what it is supposed to do and come down to recognise the 4.236 fib in this set! A proper acknowledgement would be a spike down and a weekly (or at least a clear daily) close on or near this fib level.
CRYPTO:PENDLEUSD
by Fractaleer
1
Bitcoin - Old Fibonacci level suggest $59k is in viewLet's talk about the elephant in the crypto village square: Bitcoin. Now that we're looking at a correction, it makes sense to talk about where that may end and - for those of you that successfully took some profits - when and where you may want to re-deploy those funds. I am of the view that Fibonaci levels - particularly old ones - are extremely helpful for predicting turning points when it comes to BTC. Small quick pullbacks may not involve recognising significant Fibs and can occur randomly or involve pivot levels (not shown). (I rarely trade those because I have a F/T job and do not have time to trade daily and also I find that trading smaller insignificant levels can be really frustrating and result in missing large runs...) However, when pullbacks stretch into weeks (current situation), then significant Fibs start coming into play. I'll explain below where the blue and white fibs depicted in this image come from, but the blue Fib depicted here at ~US$59,600 is the 48 Fib of the original run and was initially ignored as the price stormed through it, but is now working like a magnet for BTC price and my view is that the correction will not end until this Fib is properly recognised. A proper recognition of this Fib may involve a spike down over a few hours (possibly a day) but then a weekly (or daily) close on or very close to the Fib line. These old Fibs have been influential in shaping the price history of BTC to date, as can be seen from the linked images below. The thick dotted blue lines are the extension Fibs from the first long run of BTC between 2009 and Nov 2013 (first link below). The thin dotted white lines are the 'extension' fibs drawn from the 2014 crash in price. The blue fibs have been massively influential and have accurately predicted most peaks and troughs (second link below). I think it's at least LIKELY that Bitcoin will not find a way forward before it has planted itself squarely on this 48 Fib over the coming week(s). Happy trading!
INDEX:BTCUSD
by Fractaleer
$AFRM: 🚨 Road to $55 🚀Hi everyone, Affirm Holdings ( NASDAQ:AFRM ) seems to be capitalizing on their consumers' repayment abilities, showing promising technical signals. Currently, the hourly and daily indicators are tightening, hinting at potential explosion in either direction (Upside likely). Should the price surpass the daily and monthly resistance levels, accompanied by the hourly or daily indicators crossing above the monthly, we could see a surge towards $55, with the weekly indicators serving as a potential support level. Good luck!
NASDAQ:AFRMLong
by SierrasTrades
A Bitcoin Fib-Time Based Cycle (Concept #2)In this chart, we take a look at a second Bitcoin Fib-Time Cycles concept (2/5). Refer to the original idea for concept #1 linked below. This Concept #2 is an alternative 8-step cycle phase to my original concept. This zooms out further and takes Bitcoin from a greater 2-phase cycle perspective. This concept is for the long-term investor who aims to track major Bitcoin phases when time is not on their side. Treat each signpost phase as a ranged period mindset until the next is triggered. This is not to be conflicted with the original concept, however, another perspective. In this second concept, the positioning of the trend-based Fib-Time Extensions has been drawn from Bitcoin's inception to the first impulse rally from 2009 to its 2017 all-time high. From there it is projected sequentially again to 2026. The reasons for placement are through an observational nature in the structure of the cycles, or at least how I see it. From 2009 > 2011 > 2013 > 2017 as being marked one cycle, to 2017 > to now as a potential being marked as the second cycle. A repeat of this cycle however is on a larger scale. The ATHs to cycle lows across these two cycles are also noted as 2011's low from ATH was -93% whereas 2013 was 86%. Thus in 2017, it was -84% and to date 2022 is -76%. It appears that it is 1 larger drop proceeding by a lesser % drop. Note: These vertical projections are not manually placed; they are based on Fibonacci sequence numbers derived from the noted placements (0-1). Interestingly, where they end up relates to the major pivots across the start and end of the sequence. Importantly, this is not a price prediction or estimation, nor does it offer an overall bearish or bullish take. Although the outlook seems bullish, cycles can play out over the years, and we may not have seen Bitcoin's final cycle just yet. This is why this is an alternative concept to others I have been exploring. More alternatives in the coming weeks and months. This merely presents a conceptual analysis of Bitcoin's time and cycles to date, highlighting key pivotal points worth watching for. Timing can be just as crucial as managing risk. Having a plan to correlate these factors allows you to spend less time watching charts and more time enjoying whatever you want. Key Takeaways: With a 1-2 weeks variance, each fib level (signpost) approximately triggers the next phase. It is within that phase expect the noted legend and take that mindset. Each fib range marks approximately 2900 days (8yrs) Note that 0.5 is not an actual fib level. Once a cycle of phases is completed, rise and repeat. We are 8 weeks, 3 days until we hit the next phase (Climb the Wall of Worry) This current second iteration cycle is projected to end in Dec 2025. This is purely a concept and not financial advice. I apologise for the resolution. A screenshot can be viewed here:
INDEX:BTCUSD
by LiquidMafia
$PYPL: 🎯 Road to $77 🚀Hi everyone, PayPal's stock appears bullish. Earlier this year, in January leading into February, the daily indicators tested the weekly ones but were rejected, causing a price drop. Recently, however, the daily indicators have successfully breached the weekly ones, propelling the price towards a potential monthly test. The immediate target is set at $77. A breach of this level could see the price aiming for the monthly target. The daily and weekly indicators will be closely watched for support, should there be any challenges in sustaining the upward momentum. Good luck!
NASDAQ:PYPLLong
by SierrasTrades
A Comprehensive Guide to Fibonacci Retracements (Updated)Hello traders, in this post, we will be going over one of the most commonly used tools in all asset classes - the "Fibonacci Retracement" (or Fib for short). For a better viewing experience, please view this on your desktop/PC, as the mobile and tablet versions of the charts are harder to read. Although I have briefly touched on how to use the Fibonacci Retracement tool in my previous Elliott Waves series, we are now going to go over it in depth, and talk about how this tool can help you find entries and exits within an existing trend with or without the use of the Elliott Wave Theory, which also helps identify whether you are in a bullish or bearish trend. The Fibonacci Retracement tool, although widely used by many traders, is almost always not correctly used by new traders. Most traders will often connect the wrong points, indicating the wrong Fibonacci retracement levels. Here, I will be explaining the proper way to use the Fibonacci Retracement tool in a very simple translated friendly guide in one post. ------- What Is the Fibonacci Retracement? Fibonacci Retracements (Fib(s) for short), are a set of 'ratios', defined by mathematically important Fibonacci sequence. This allows traders to identify key levels of support and resistances for price action. Unlike other indicators, Fibonacci retracements are FIXED, making them very easy to interpret. When combined with additional indicators, Fibs can be used to identify potential entry and exit points with high probability to trade on trending movements. Fibonacci retracements are used to indicate levels of support and resistance for a stock’s price. Although they are similar to moving averages in this respect, Fibonacci retracements are set by the extent of the previous bullish or bearish run and do not change each day in the current trend as moving averages do. Therefore, it can be significantly easier to identify and anticipate support and resistance levels from Fibonacci sequences. How Is the Fibonacci Retracement Calculated? (You don't need to calculate it yourself - It's already done for you!) Fibonacci retracements are based on what is known as the 'Fibonacci sequence', where each number in the sequence can be added to the previous number to produce the following number within the sequence. Now, you might be confused here, but don't! - I am just explaining the concept on how it's calculated. You do not need to personally calculate the actual sequence of the Fibonacci Retracement, as everything is already pre-determined and calculated within the tool itself on TradingView. To put it simply, dividing any number in the sequence by the following number yields 1.6180 – known as the "Golden Ratio" – while dividing any number by its predecessor yields 0.6180. Dividing any number in the sequence by two positions in advance yields 0.382, while dividing any number by a number three positions in advance yields 0.236. These ratios originated from the Fibonacci sequence are found throughout nature, mathematics, and architecture - such as flowers, buildings, and so forth. Yes, if you search for Fibonacci sequence examples, you can find these within daily uses, not only in trading. ------ Retracement levels for an asset are drawn based on the prior bearish or bullish movement. Don't forget this - you need to know whether you are in a bullish or bearish trend. Is the stock or coin going up? or down? To plot the retracements, draw a trendline from the low to the high (also known as the swing low to the swing high), or vice versa, high to low, within a continuous price movement trend – Fibonacci retracement levels should be placed at 61.80%, 38.20%, and 23.60% of the height of the line for you by the tool itself. Again, these numbers are already calculated for you within the tool itself. In a bullish trend, the retracement lines start from the top of the movement (i.e. the 23.60% line is closest to the top of the movement), whereas in a bearish movement the retracements are calculated from the bottom of the movement (i.e. the 23.60% line is closest to the bottom of the movement). ------ How to Trade Using the Fibonacci Retracement Once you have drawn a set of Fibonacci retracements on a chart of your liking, it is possible to anticipate potential reversal points where support or resistance will be encountered. If the retracements are based on a bullish trend, the retracements should indicate potential support levels where a downtrend will reverse bullishly. So to put it simply, the pre-determined Fibonacci levels, should in theory and practicality, act as support if in a bullish trend, and resistance in a bearish trend. There will always be some form of price reaction at each Fibonacci level just based on Market Psychology. If the retracements are based on a bearish movement, the retracements should indicate potential resistance levels where a rebound will be reversed bearishly, which is vice-versa for the bullish movement trend. The most common reversals based on Fibonacci retracement levels occur at the 38.20%, 50%, and 61.80% levels (50% comes not from the Fibonacci sequence, but from the theory that on average, stocks retrace half of their prior movements - so this is considered a 'psychological level'). Although retracements do occur at the 23.60% line, these are less frequent and require close attention since they occur relatively quickly after the start of a reversal. In general, retracement lines can be considered stronger support and resistance levels when they coincide with the overall trend, meaning, that if you know that you are in an established bullish or bearish trend, you will most certainly get some form of reaction at the most common reversal levels within the Fibonacci level, which is shown in the image below. Whenever applying Fibonacci retracements, keep in mind that retracement lines represent only potential support and resistance levels, they are NOT 100% set in stone – they represent price levels at which to be alert, rather than hard buy and sell signals; however, they have HIGH PROBABILITY. It is important to use additional indicators, in particular MACD, to identify when support or resistance is actually being encountered and a reversal is likely. The more that additional indicators are pointing towards a reversal, the more likely one is to occur. Also note that failed reversals, especially at the 38.20% and 50% retracement levels, are common.
COINBASE:BTCUSDEducation
by XForceGlobal
36
Bullish Fibs Upmoves in Oil - Now, Needs to Defend 61.8% LineOil has held bull fibs since Feb 1. The 3 previous fibs are documented and highlighted on the chart. We have been in a wide-range pattern for the past couple of weeks, threatening to keep and hold yearly highs, only to fall back down. Now, it is facing it's biggest test in the upmove, with two different saves at the 61.8% line over the last week. Given the dynamics of the recent down move, I expect this 61.8% line to be challenged early on Sunday night / Monday with a break of 40-60 cents. If we can hold those level above and regain this 77.60 level, I do anticipate a big move to new highs in oil, ALL THE WAY UP TO 82.11.
NYMEX:CL1!Long
by CeresTrader
1
VRA/USDT Bullish Higher Timeframe Targets #VRA #VRAUSDTHere we see our VRA Weekly chart and you can see it's showing strength now . VRA is pushing up over that dark blue 200MA line and that's very Bullish in my opinion . Altseason seems to be upon us as Bitcoin is right below its' previous ATH . If VRA can get back to it's previous ATH price near .088 cents then targets above there could be the following fib levels - 1.618 fib extension near .14 cents 2. fib extension near .175 cents 2.618 fib extension near .22 cents NFA DYOR but VRA is known to have a strong community and possible good news with tokenomics this year
Long
by shimmeringpath
UNI/USDT - Long and Short PlaysNot really sure about this one, as I'm expecting BTC to do a fat ABC retrace after the Elliott Wave that recently finished playing-out (see last two posts) - If BTC does retrace, ALTs should follow. Ignoring all timings. I'm only focusing on the Elliott Wave counts and any confluence. For UNI/USDT, I've got 3 x Elliott Waves to give me short, medium and long terms plays in both long and short directions. Red EW- Long term (1D). Blue EW - Medium term (4h). White EW - Short term (1h). Short term - White EW Assuming we've already bounced off the white wave-4, I'm now looking for price to tap wave-5 @ 2.618. However, if wave-4 hasn't hit yet, price could first come down as low as the white wave-1 peak. Medium term - Blue EW After the blue wave-3 gets tapped @ 1.618, we should retrace to create wave-4. This could be as low as the blue wave-1 peak. Once wave-4 is complete, we should head up to wave-5 @ 2.618. Blue wave-5 also aligns with the Point of Control (POC) on my Volume Profile. Long term - Red EW After we retrace from Red wave-1 to wave-2, price should back head up to the red wave-3 range @ 1.618. I think UNI will top at the red wave-5 range @ 2.618. Red wave-5 also aligns with the Value Area High (VAH) on my Volume Profile. I put a fib extension on my Volume Profile: Red wave-3 taps the Volume Profile's 1.618. Red wave-5 taps the Volume Profile's 2.618. Let's see...
Long
by dimuthj
Bitcoin Fib ScalingAnother alteration of former series of structures which I highly recommend considering to look at in my previous btc-related ideas. The steepest Fib Channels source and reason why are they are spaced apart relatively far: The trendlines people draw in TA is replaced with curves in Fractal Analysis. Since a line is odd to natural formations, it has no value in covering the process of price action too. The use of straight lines present in my approach is justified since they indicate particular fibonacci ratio that price mechanism abides by. First of all I want to be clear about the curves: Being chart-based enables its predictive levels Curves mimic parabolic tendencies of group of bars in perspective of both time and price scales Reveals general direction Curves validate fibonacci fractal structure and their levels Seeing curves extended to massive scales doesn't necessarily mean that price will reach there. What important is the market behavior while encountering curves as it bares timing properties that considers the logistic curve of information spreading . NOT A PREDICTION JUST AN ILLUSTRATION OF PRINCIPLE For example here we see that the curve ends at 22767. It's still just an assumption that price would end up falling there according to curve. Obviously reality is too chaotic to predict it precisely. So instead of focusing on immediate price action, the attention should be at crossings. The trading trigger should be at the very process of breaking the curve because it means price leaves the logistic curve of information spreading. Breaking the curves means a market takeover by new narrative (news, rumors, reports, etc) but to the opposite direction of the curve.
BITSTAMP:BTCUSD
by fract
2
Quest Diagnostics // Buy Future Dip Notes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 (Or S1-S3) has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic. Just my personal way of using this. This is not intended or made to constitute any financial advice. This is not intended or made to constitute any financial advice. FED Macro Situation Consideration: All TP's are drawn within the context of a return to FED neutral-easing policy. I do not expect these levels to be reached before tightening is over. NOT INVESTMENT ADVICE I am not a financial advisor. The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
NYSE:DGXLong
by PudgyProdigy