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ALGOUSDT TECHNICAL ANALYSIS 13112021What Are Fibonacci Retracement Levels? Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They stem from Fibonacci’s sequence, a mathematical formula that originated in the 13th century. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used. from investopedia. No investment advice...
Long
by volkancetin
Binance Coin price analysisThe Binance Coin price analysis shows that after failing to climb above the $680 mark, the sellers broke the $650 support level as BNB returned below the $620 mark. Currently, the price is moving towards the $610 mark as the selling continues. The broader cryptocurrency market has observed a bearish market sentiment over the last 24-hours as most major cryptocurrencies record negative price movements. Major players include DOGE and DOT, recording a 6.83 and a 5.86 percent incline, respectively.
BINANCE:BNBUSDLong
by ExpressTradeAcademy
BAL/USDT Might Fly Soon 🚀📈 BAL/USDT | Potential Upward Movement 💡 Buy Limit Order @ 26.647 🎯 Target Profit 27.988 🛑 Stop Loss 25.983 ❌ Do not risk more than 1% of your account on each trade Description: The price found buyers around the 78.60 % Fibonacci retracement level near the bottom of the bullish flag pattern. This shows that the retracement is done and it is time for the new bullish impulsive wave to move to the upside. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
Long
by CollegeofPips
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