At 16:00 on December 16, AICoin editors conducted a graphic sharing of the [Fibonacci Measurement Method]; the following is a summary of the live content.
In this live broadcast, the research institute will continue to focus on the market, on profit tools, on bottom-fishing during the rise, and on the strongest auxiliary indicators: Fibonacci!
1. Assignment.
First, the host gave everyone the previous assignment: arbitrage and AI grid, and the corresponding grid parameters.
1. Arbitrage.
The host's 30,000 U funds this week continue to be invested in the arbitrage sector.
This week's arbitrage positive funding rate is still the majority, so the host's profits continue to rise.
If everyone has large funds, you can continue to pay attention to the arbitrage sector, as the positive return from arbitrage is obvious now.
Cross-exchange arbitrage can also be played, but currently the price difference between exchanges is not very large, making it difficult to earn. If you have good opportunities, you can share them on the AICoin forum~
The host also recommends that everyone study funding fee arbitrage and cross-period arbitrage; students with conditions can study on-chain and off-chain arbitrage~
2. AI grid.
The host mentioned earlier that after breaking through 100,000, the host adjusted the grid to be between 96,000 - 106,000.
It's been running for 20 days now; let's see the results.
This AI grid is also very high-frequency, and the yield curve is steadily upward.
AI grid is also worth making your idle money work!
Of course, the two assignments above are all test funds, aimed at exploring for the students in the live broadcast room~
3. Summary.
First test fund: 30,000 U, running arbitrage, funding fee arbitrage.
Second test fund: 700 U, running AI grid.
The current effects of both assignments are good; they have helped students explore these two tools, and both can make money.
If the second AI grid breaks the network, the host will adjust the upper and lower limits of the grid again and will continue to guide everyone, giving everyone assignments.
Currently, it is highly recommended that everyone use the arbitrage section and AI grid on the PC client~
Among them, you can also see from the host's fund allocation that the arbitrage sector is more suitable for large funds, providing stable profits and ensuring stable growth of one's funds. The grid tool has more obvious returns, but requires more effort to study the grid; if the grid is broken, adjustments are needed. Both are excellent profit-making tools!
2. Fibonacci.
Does everyone know about Fibonacci?
Let's first give everyone a definition: what is Fibonacci?
The Fibonacci sequence, also known as the golden ratio sequence, was introduced by the mathematician Leonardo Fibonacci using rabbit reproduction as an example, thus also called the "rabbit sequence," referring to such a sequence: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, ......
In the investment world, Fibonacci is mystical because: the wonders of nature - everything is intricately related to the golden ratio.
For Fibonacci tools, we only need to remember these numbers to use the Fibonacci tools very well.
Common numbers: 0.236, 0.382, 0.5, 0.618, 0.786.
Key points: 0.382, 0.5, 0.618.
Does everyone know how to use Fibonacci retracement?
The Fibonacci indicator commonly used by the host is this - Fibonacci retracement line segment.
To learn Fibonacci analysis of the market, we must first master its drawing method, and we will take a few steps.
First, find a segment of the market and determine the starting point; the starting point here can be dynamic.
In fact, it is just one sentence: select the highest and lowest points of a segment of the market and connect them~
Then many students will ask, how to choose high and low points.
It requires skill.
The technique here is: choose a trend of a large cycle, and then go to the next level cycle to find low and high points, find the pullback support level. If there are signals at the corresponding key pullback support levels like 0.382, 0.5, 0.618, then it is a good time for you to enter the market.
In addition, there are two schools of drawing: one draws only solid bars and shadow lines. Just stick to your own style; the host belongs to the shadow line school.
Let's select a few trading pairs together and analyze them using Fibonacci.
Fibonacci drawing method: determine the trend, find highs and lows, connect lines, seek support, wait for signals, enter the market - profit, freedom 👍.
Let's take a look at the Fibonacci of BTC together, and see how we should draw it.
Starting from the daily line level, we make charts from large to small, and we try each cycle.
Everyone, open the K-line of BTC with me. Let's look at the weekly K. What trend do you think this is?
If everyone is unsure about the up and down trends, you can check last Monday's live broadcast, a relatively good judgment indicator: the DIF line.
Almost at this time, it can be confirmed that the weekly K confirms the uptrend.
Because its DIF line crosses above the zero axis.
Since the large scale is a bullish trend, then at its secondary level, that is, the daily line, what should we do?
The answer is: you should connect lines from low to high, find the pullback support level, and enter the market to go long!
Especially in the early and mid-stages of large-scale uptrends.
Many such opportunities actually exist in its secondary level.
Because prices do not move in a straight line; there will be many fluctuations and washouts at the secondary level. If there is a Fibonacci tool to measure...
Able to pick up many high-quality price chips.
Let's go back to the daily line and find the highs and lows together.
From the daily line, we have two obvious areas.
Because the weekly K confirmed the uptrend starting from February 2023.
So, in these two segments of daily K, they are actually both pullback fluctuations in an uptrend.
So directly find the corresponding highs and lows.
First, let's look at Area A on the daily line.
Let’s assume today is January 15, 2024.
At this time, see that the daily line is pulling back.
Everyone, please note: when drawing during the cycle, be sure to draw when there is a pullback, otherwise the Fibonacci retracement line drawn will have no effect.
Let's connect this.
This way, we have drawn the segments of the pullback.
Just after a while, the daily DIF line broke through the zero axis.
This is near the support level of 0.382; nice point! Enter the market!
So some students ask how to distinguish areas and see how to identify pullbacks.
You can answer, students, set a reasonable pullback standard for yourselves:
For example, after creating a new high for this segment of the market, it pulled back 3 K lines.
This can also be tried drawing.
Because it also created a new high and then pulled back.
We can draw to see.
Let's move the time forward to the first circle here.
The effect of connecting lines.
It didn't return to 0.236 and continued to rise.
This drawing method is correct, but there is no trading opportunity. If given to the host, it would also miss the trading opportunity at the first circle here.
We are looking at the second high point.
The price has reached here, which is consistent with the new high and has pulled back several K lines.
Moreover, there is a very good pullback point here: the MACD has diverged.
Then its pullback will likely be more frequent.
Let's erase the previous drawing and create a new one.
Draw well.
Let's see the effect, and the subsequent results.
Again, the DIF broke through the zero axis near 0.382; good point.
The DIF here is an example of a signal point.
In fact, there are many other signals, such as EMA, MACD divergence, TD......
This is the method of drawing.
Students in the discussion area asked, "Which positions have stronger support?"
It is recommended to focus on: 0.5, 0.382, 0.618; actually, during a bull market, it is often 0.382. Of course, 0.382 is a support level. Whether to enter depends on the signals; the host has repeatedly mentioned that there should be clear signals near this support level.
Fibonacci is suitable for any cycle; it is a magical law of nature. It is a large cycle that determines the trend, and the secondary level is used to find the points. Fibonacci expansion is used for profit-taking planning, which we can explain later.
It is recommended that everyone try drawing to analyze the market. If you don't understand, you can always find our editors to communicate or join the pro membership to understand each other~
Conclusion: The Fibonacci retracement line segments are very suitable for analyzing pullback support levels. If signals appear near support levels, they are worth entering the market. Pay attention to Fibonacci's key points: 0.382, 0.5, 0.618.
Charting skills:
1) Includes shadow lines.
2) Determine the large-scale up and down trend, taking the rise as an example (the breakout of the DIF line above the zero axis can be used as a trend judgment).
3) Secondary level trend, determine low and high points, connect lines from low to high, find signal points of critical levels.
That's all for the live broadcast content~
Thank you all for your attention; stay tuned to our live broadcast.
In a bull market, let's explore the market together and find trading opportunities! Use AICoin to earn a free life.
Recommended reading.
1. Mixing strategy of TD, BOLL, and other indicators.
2. Advanced strategies of EMA indicators.
3. TD indicator profit rules.
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