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Fibonacci
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KaranCho
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Bullish
The Role of Fibonacci Ratios in Elliott Wave TheoryFibonacci ratios are integral to Elliott Wave Theory, as waves often exhibit lengths and retracements that align with these ratios (e.g., 38.2%, 50%, 61.8%). These relationships help traders anticipate the extent of market movements. More information about this is expected in future articles Like, share and follow ๐Ÿš€ #elliottwave #elliott #Fibonacci

The Role of Fibonacci Ratios in Elliott Wave Theory

Fibonacci ratios are integral to Elliott Wave Theory, as waves often exhibit lengths and retracements that align with these ratios (e.g., 38.2%, 50%, 61.8%). These relationships help traders anticipate the extent of market movements.

More information about this is expected in future articles
Like, share and follow ๐Ÿš€
#elliottwave #elliott #Fibonacci
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Bearish
Has $JUP finally stopped dumping? I would say no. 2 reasons. Target - 0.48 - 0.49 1. According to analysis, this is just a retest to it's resistance. On the basis of Fibonacci - this has perfectly been rejected at every fib line. here are the monthly and weekly chart. 2. People have been still getting airdrops, which means that most of them are immediately selling it. thus causing no demand and making the price go lower. Conclusion- Start averaging your longs once It breaks 0.50 because that's where the smart money are buying. #TechnicalAnalysis #JUP #Fibonacci #Write2Earn
Has $JUP finally stopped dumping?

I would say no. 2 reasons. Target - 0.48 - 0.49

1. According to analysis, this is just a retest to it's resistance. On the basis of Fibonacci - this has perfectly been rejected at every fib line.
here are the monthly and weekly chart.

2. People have been still getting airdrops, which means that most of them are immediately selling it. thus causing no demand and making the price go lower.

Conclusion- Start averaging your longs once It breaks 0.50 because that's where the smart money are buying.

#TechnicalAnalysis #JUP #Fibonacci #Write2Earn
"In the vast ocean of financial possibilities, #bitcoin sails forth, guided by the invisible hand of #Fibonacci โ€˜s divine harmony, revealing patterns that unlock the treasures of the digital age." - Sailortrades $BTC
"In the vast ocean of financial possibilities, #bitcoin sails forth, guided by the invisible hand of #Fibonacci โ€˜s divine harmony, revealing patterns that unlock the treasures of the digital age." - Sailortrades
$BTC
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Bullish
$CTSI Will Pump to 0.38 USD based on the fib levels and closely monitoring all of it support and retests. It is likely to reach 0.38. After reaching there, we will retrace to 0.23 and then consolidate. #TechnicalAnalysis #CTSI #Fibonacci #Write2Earn
$CTSI Will Pump to 0.38 USD

based on the fib levels and closely monitoring all of it support and retests.

It is likely to reach 0.38. After reaching there, we will retrace to 0.23 and then consolidate.

#TechnicalAnalysis #CTSI #Fibonacci #Write2Earn
#BTC 4 Hours TF Squeeze August 4. Let me tell you guys what I'm seeing and waiting for: - My Indicator (Stop Loss Identifier): red and green lines getting closer after test on bullish SL without strenght to pop. - Below my #Fibonacci Level Strategy - Still above EMA 500 but already tested. This is a very important Exponential Moving Average to confirmed trends as you can see in that after we break it + my Fibonacci Level we had a 20% rally - After we break it with a Sell signal normaly we see a retest like in the green circle. This is what I'm waiting. NO FINANCIAL ADVICE #dyor $BTC
#BTC 4 Hours TF Squeeze

August 4. Let me tell you guys what I'm seeing and waiting for:

- My Indicator (Stop Loss Identifier): red and green lines getting closer after test on bullish SL without strenght to pop.

- Below my #Fibonacci Level Strategy

- Still above EMA 500 but already tested. This is a very important Exponential Moving Average to confirmed trends as you can see in that after we break it + my Fibonacci Level we had a 20% rally

- After we break it with a Sell signal normaly we see a retest like in the green circle. This is what I'm waiting.

NO FINANCIAL ADVICE #dyor

$BTC
#BTC 4 Hours TF Update ๐ŸŽข - EMA 500 Bounce with a nice reaction so far The rest stills the same ๐Ÿ‘‡ - Symmetrical Triangle Pattern (technical chart pattern that forms when the price of an asset is consolidating between two converging trendlines). - Before a Break we'll see a test/retest on both - The closer to the Apex, the greater the volatility of the break - All importantย #Fibonacci ย Levels for potencial break or bounce NO FINANCIAL ADVICE and Stay Safe #dyor $BTC
#BTC 4 Hours TF Update ๐ŸŽข

- EMA 500 Bounce with a nice reaction so far

The rest stills the same ๐Ÿ‘‡

- Symmetrical Triangle Pattern (technical chart pattern that forms when the price of an asset is consolidating between two converging trendlines).

- Before a Break we'll see a test/retest on both

- The closer to the Apex, the greater the volatility of the break

- All importantย #Fibonacci ย Levels for potencial break or bounce

NO FINANCIAL ADVICE and Stay Safe

#dyor

$BTC
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vsanchez
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#Bitcoin All you need to know ๐ŸŽ“

- Symmetrical Triangle Pattern (technical chart pattern that forms when the price of an asset is consolidating between two converging trendlines).

- Before a Break we'll see a test/retest on both

- The closer to the Apex, the greater the volatility of the break

- All important #Fibonacci Levels for potencial break or bounce

NO FINANCIAL ADVICE and Stay Safe

#dyor

$BTC
Is Bitcoin Meeting Pre-Halving Rally Expectations? ๐Ÿ“Š Bitcoin's price hovers near $36,500, nearing a crucial #Fibonacci retracement level that could signal the end of its pre-halving surge. Titan of Crypto reaffirms his year-old prediction of a $50,000 pre-halving target, emphasizing the importance of patience. $39,000 serves as a pivotal boundary, marking the lower end for BTC/USD before the April 2024 block subsidy #halving . Several analysts, like Filbfilb, also align with targets around $46,000 pre-halving, while future post-halving forecasts indicate bullish sentiments, with projections soaring to $130,000 or more by 2025. Amidst ongoing market stability around $36,500, a potential #correction floor at $30,900 is discussed as a healthy move in Bitcoin's upward trajectory. #Binance #crypto2023
Is Bitcoin Meeting Pre-Halving Rally Expectations? ๐Ÿ“Š

Bitcoin's price hovers near $36,500, nearing a crucial #Fibonacci retracement level that could signal the end of its pre-halving surge.

Titan of Crypto reaffirms his year-old prediction of a $50,000 pre-halving target, emphasizing the importance of patience. $39,000 serves as a pivotal boundary, marking the lower end for BTC/USD before the April 2024 block subsidy #halving .

Several analysts, like Filbfilb, also align with targets around $46,000 pre-halving, while future post-halving forecasts indicate bullish sentiments, with projections soaring to $130,000 or more by 2025.

Amidst ongoing market stability around $36,500, a potential #correction floor at $30,900 is discussed as a healthy move in Bitcoin's upward trajectory.

#Binance
#crypto2023
Very long accumulation with potential for an upside exit soon - #SUI๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ ๐Ÿ“ŒWith all the decline we can observe how much liquidity the price leaves above the current price values, as well as the successful reaction to the seller's zone of interest. At this point, I expect a continuation of the small correction to the 0.786 #Fibonacci level. ๐Ÿ“After a test of this level and a deeper entry into the support zone, I will expect a local accumulation followed by an upside exit, consolidation above the POC(1.15419$) volume level, taking out 1.25859$ and 1.45873$ ๐Ÿ”œI plan to enter the trade from ะฐcurrent ($1.0448-$1) levels. ๐Ÿ›‘ Stop loss will be at the level of ($0.88) โœ…First take ($1.25859) โœ…Second takeout ($1.45873) When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 46% of net movement. #CryptoWatchMay2024 #BTC #ETHETFS
Very long accumulation with potential for an upside exit soon - #SUI๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

๐Ÿ“ŒWith all the decline we can observe how much liquidity the price leaves above the current price values, as well as the successful reaction to the seller's zone of interest.
At this point, I expect a continuation of the small correction to the 0.786 #Fibonacci level.

๐Ÿ“After a test of this level and a deeper entry into the support zone, I will expect a local accumulation followed by an upside exit, consolidation above the POC(1.15419$) volume level, taking out 1.25859$ and 1.45873$

๐Ÿ”œI plan to enter the trade from ะฐcurrent ($1.0448-$1) levels.

๐Ÿ›‘ Stop loss will be at the level of ($0.88)

โœ…First take ($1.25859)

โœ…Second takeout ($1.45873)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 46% of net movement.
#CryptoWatchMay2024 #BTC #ETHETFS
I have taken a screenshot of the current configuration to show that PEPE is in a rebound zone. This screenshot demonstrates various technical parameters, indicating why I am bullish on PEPE. The RSI is in an oversold region and is gradually starting to recover. Additionally, there is a trendline showing that the trend has hit three low points, and we have just touched the third low point. It is unlikely to go any lower because we are also at the 0.78 Fibonacci retracement level. Therefore, the correction should be over, and it is highly likely that there will be an upward movement in the coming week. I would love to hear your thoughts and feelings regarding my analysis. Please feel free to share your impressions! #TechnicalAnalysis #RSI #Fibonacci #pepecoin๐Ÿธ #pepeโšก
I have taken a screenshot of the current configuration to show that PEPE is in a rebound zone.

This screenshot demonstrates various technical parameters, indicating why I am bullish on PEPE.

The RSI is in an oversold region and is gradually starting to recover. Additionally, there is a trendline showing that the trend has hit three low points, and we have just touched the third low point. It is unlikely to go any lower because we are also at the 0.78 Fibonacci retracement level.

Therefore, the correction should be over, and it is highly likely that there will be an upward movement in the coming week.

I would love to hear your thoughts and feelings regarding my analysis. Please feel free to share your impressions!

#TechnicalAnalysis #RSI #Fibonacci #pepecoin๐Ÿธ #pepeโšก
#BTC ๐Ÿšจ Important Target๐Ÿšจ $BTC got rejected 2 times already at $31k Let's see what happens now. This is the Golden Pocket on my #Fibonacci Retracement Levels Strategy and we have a Big Resistance Trend Line as well. If we break above $32.5 first target but if we bounce and drop $28k IMO. NO FINANCIAL ADVICE
#BTC ๐Ÿšจ Important Target๐Ÿšจ

$BTC got rejected 2 times already at $31k

Let's see what happens now.

This is the Golden Pocket on my #Fibonacci Retracement Levels Strategy and we have a Big Resistance Trend Line as well.

If we break above $32.5 first target but if we bounce and drop $28k IMO.

NO FINANCIAL ADVICE
Currently, the prices of BounceBit ($BB) are in a buying zone according to Fibonacci levels and are also in a rebound zone. We can see that it has already started to bounce off the 0.78 level, with the RSI beginning to exit the oversold region. Therefore, a rebound is expected in the coming hours. There is resistance above the prices at the SSB (Senkou Span B), which is approximately at the 0.5 Fibonacci level. The 0.71 price level corresponds to this 0.5 Fibonacci level. Consequently, we could aim for either the 0.61 or 0.5 Fibonacci levels as targets. Given the current price, there is a potential gain of 10% up to 0.71. This analysis suggests a promising outlook for $BB. I would love to hear your thoughts and feelings regarding this technical analysis. Please feel free to share your impressions! #bouncebit #TechnicalAnalysis #RSI #Fibonacci #Ichimoku
Currently, the prices of BounceBit ($BB ) are in a buying zone according to Fibonacci levels and are also in a rebound zone. We can see that it has already started to bounce off the 0.78 level, with the RSI beginning to exit the oversold region. Therefore, a rebound is expected in the coming hours.

There is resistance above the prices at the SSB (Senkou Span B), which is approximately at the 0.5 Fibonacci level. The 0.71 price level corresponds to this 0.5 Fibonacci level. Consequently, we could aim for either the 0.61 or 0.5 Fibonacci levels as targets. Given the current price, there is a potential gain of 10% up to 0.71.

This analysis suggests a promising outlook for $BB .

I would love to hear your thoughts and feelings regarding this technical analysis. Please feel free to share your impressions!

#bouncebit #TechnicalAnalysis #RSI #Fibonacci #Ichimoku
Formation of a great uptrend - #BONK๐Ÿ”ฅ๐Ÿ”ฅ ๐Ÿ“ŒWe can observe how after a long downtrend the price starts to form an uptrend channel, within which the concept of position accumulation by a large player is clearly visible. At the moment I am waiting for a very local correction to the 0.786 #Fibonacci level. ๐Ÿ“After the test of the marked level I will open a long position with the target in the breakdown of the resistance zone and the test of the $3.907 mitigation level. ๐Ÿ”œI plan to enter the trade from ะฐcurrent ($3-$2.88) levels. ๐Ÿ›‘ Stop loss will be at the level of ($2.5) โœ…First take ($3.6) โœ…Second takeout ($3.907) When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 35% of net movement. #ETHETFS #ETFvsBTC #BTC
Formation of a great uptrend - #BONK๐Ÿ”ฅ๐Ÿ”ฅ

๐Ÿ“ŒWe can observe how after a long downtrend the price starts to form an uptrend channel, within which the concept of position accumulation by a large player is clearly visible.
At the moment I am waiting for a very local correction to the 0.786 #Fibonacci level.

๐Ÿ“After the test of the marked level I will open a long position with the target in the breakdown of the resistance zone and the test of the $3.907 mitigation level.

๐Ÿ”œI plan to enter the trade from ะฐcurrent ($3-$2.88) levels.

๐Ÿ›‘ Stop loss will be at the level of ($2.5)

โœ…First take ($3.6)

โœ…Second takeout ($3.907)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 35% of net movement.
#ETHETFS #ETFvsBTC #BTC
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๐Ÿšจ๐Ÿ›๏ธ THE CAPITALIZATION OF #Altcoins MUST KEEP THE 1.1 TRILLION DOLLARS ๐Ÿ“ˆ If we look at the capitalization of altcoins, we notice that it has been showing an upward dynamic since the beginning of 2023. Only, after returning to the short reloading zone (0.618-0.786 retracement of #Fibonacci ) , the sellers took over. In fact, the correction brought capitalization below $1,000 billion. And since then, buyers have had the upper hand. ๐Ÿ“Š Nevertheless, the price stuck at the resistance level at $1.2 trillion. Now, the price is moving around the support at $1.1 trillion, at the level of the bullish institutional bias (EMA 9/EMA 18). Here is what we would like to see on the course. 1. Maintaining support at $1.1 trillion 2. A rebound towards resistance at $1.2 trillion 3. A break of resistance at $1.2 trillion and a close beyond the last high at $1.27 trillion. A close like this would likely allow the price to return to the latest highs of 2021. ๐Ÿ”ท On the other hand, if this scenario is annihilated by sellers and the support at $1.1 trillion gives way, a return to $950 billion is possible. #RSI needs to rebound and grow above 60 for buyers to regain momentum.
๐Ÿšจ๐Ÿ›๏ธ THE CAPITALIZATION OF #Altcoins MUST KEEP THE 1.1 TRILLION DOLLARS

๐Ÿ“ˆ If we look at the capitalization of altcoins, we notice that it has been showing an upward dynamic since the beginning of 2023. Only, after returning to the short reloading zone (0.618-0.786 retracement of #Fibonacci ) , the sellers took over. In fact, the correction brought capitalization below $1,000 billion. And since then, buyers have had the upper hand.

๐Ÿ“Š Nevertheless, the price stuck at the resistance level at $1.2 trillion. Now, the price is moving around the support at $1.1 trillion, at the level of the bullish institutional bias (EMA 9/EMA 18). Here is what we would like to see on the course.

1. Maintaining support at $1.1 trillion
2. A rebound towards resistance at $1.2 trillion
3. A break of resistance at $1.2 trillion and a close beyond the last high at $1.27 trillion. A close like this would likely allow the price to return to the latest highs of 2021.

๐Ÿ”ท On the other hand, if this scenario is annihilated by sellers and the support at $1.1 trillion gives way, a return to $950 billion is possible. #RSI needs to rebound and grow above 60 for buyers to regain momentum.
#Bitcoin All you need to know ๐ŸŽ“ - Symmetrical Triangle Pattern (technical chart pattern that forms when the price of an asset is consolidating between two converging trendlines). - Before a Break we'll see a test/retest on both - The closer to the Apex, the greater the volatility of the break - All important #Fibonacci Levels for potencial break or bounce NO FINANCIAL ADVICE and Stay Safe #dyor $BTC
#Bitcoin All you need to know ๐ŸŽ“

- Symmetrical Triangle Pattern (technical chart pattern that forms when the price of an asset is consolidating between two converging trendlines).

- Before a Break we'll see a test/retest on both

- The closer to the Apex, the greater the volatility of the break

- All important #Fibonacci Levels for potencial break or bounce

NO FINANCIAL ADVICE and Stay Safe

#dyor

$BTC
๐Ÿ’ก Interested in learning how I derived the $74,000 level using Fibonacci levels? Let's dive in! ๐Ÿ“ˆ ๐ŸŒ€ I used Fibonacci retracement from the most recent top (circled area) to the bottom (circled area) to identify key levels. ๐Ÿ” By analyzing these levels, I pinpointed the next short-term Fibonacci level with precision. ๐Ÿ“Š Keep learning and exploring the fascinating world of technical analysis! ๐Ÿš€ #BTC #Fibonacci #TechnicalAnalysis ๐Ÿ’ผ๐Ÿ”ฎ
๐Ÿ’ก Interested in learning how I derived the $74,000 level using Fibonacci levels? Let's dive in! ๐Ÿ“ˆ

๐ŸŒ€ I used Fibonacci retracement from the most recent top (circled area) to the bottom (circled area) to identify key levels. ๐Ÿ” By analyzing these levels, I pinpointed the next short-term Fibonacci level with precision.

๐Ÿ“Š Keep learning and exploring the fascinating world of technical analysis! ๐Ÿš€ #BTC #Fibonacci #TechnicalAnalysis ๐Ÿ’ผ๐Ÿ”ฎ
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๐Ÿค” Has the bullish reversal of #DogeCoin begun? ๐Ÿ“ˆ After several attempts, $DOGE successfully broke through the #Fibonacci 0.382 retracement resistance level at $0.075. It is currently trading below the Fibonacci retracement of $0.618 to $0.085. The 0.618 Fib Retracement resistance level often acts as the top/bottom if the move is corrective. As a result, a decisive close above will confirm the validity of the breakout in the long term. In that case, it could lead to an increase to the next long-term resistance at $0.15. The daily #RSI is above 50 and rising. Therefore, it supports the continuation of the upward movement.
๐Ÿค” Has the bullish reversal of #DogeCoin begun? ๐Ÿ“ˆ

After several attempts, $DOGE successfully broke through the #Fibonacci 0.382 retracement resistance level at $0.075. It is currently trading below the Fibonacci retracement of $0.618 to $0.085.

The 0.618 Fib Retracement resistance level often acts as the top/bottom if the move is corrective. As a result, a decisive close above will confirm the validity of the breakout in the long term. In that case, it could lead to an increase to the next long-term resistance at $0.15.

The daily #RSI is above 50 and rising. Therefore, it supports the continuation of the upward movement.
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