fibonachi
10,793 views
16 Discussing
Hot
Latest
#avax Long !
Finished 2 Elliot wave of correction now going up to blue lever by #fibonachi 🎯targets showing on photo 💪🏼
Finished 2 Elliot wave of correction now going up to blue lever by #fibonachi 🎯targets showing on photo 💪🏼
See original
In the previous post, I explained the indicators and their explanations in the stock market. This is a follow up post. #RSI #fibonachi #BOLLlNGER
5. Moving Averages Moving averages show the average of prices over a certain period of time. There are two main types: Simple Moving Average (SMA) and Exponential Moving Average (EMA). Moving averages are used to determine trend direction and analyze support and resistance levels.
6. Stochastic Oscillator The stochastic oscillator measures the position of an asset's closing price relative to its price range within a certain time period. It takes values between 0 and 100. Generally, above 80 is considered overbought and below 20 is considered oversold. This oscillator is used to predict trend reversals.
7. ATR (Average True Range) ATR measures the volatility in the price of an asset. It is calculated by averaging the “true ranges” over a certain period of time. ATR helps understand the magnitude of price fluctuations and how volatile the market is.
8. ADX (Average Directional Index) ADX is used to measure the strength of a trend, but it does not determine its direction. It takes values between 0 and 100. Generally, values below 20 are considered a weak trend, and values above 40 are considered a strong trend. ADX is used in trend-based strategies to evaluate whether the trend will continue or not.
These indicators are used to develop various strategies and make more informed investment decisions when analyzing the stock market. Each provides different information to understand specific market conditions and are often used together to provide more comprehensive analysis
5. Moving Averages Moving averages show the average of prices over a certain period of time. There are two main types: Simple Moving Average (SMA) and Exponential Moving Average (EMA). Moving averages are used to determine trend direction and analyze support and resistance levels.
6. Stochastic Oscillator The stochastic oscillator measures the position of an asset's closing price relative to its price range within a certain time period. It takes values between 0 and 100. Generally, above 80 is considered overbought and below 20 is considered oversold. This oscillator is used to predict trend reversals.
7. ATR (Average True Range) ATR measures the volatility in the price of an asset. It is calculated by averaging the “true ranges” over a certain period of time. ATR helps understand the magnitude of price fluctuations and how volatile the market is.
8. ADX (Average Directional Index) ADX is used to measure the strength of a trend, but it does not determine its direction. It takes values between 0 and 100. Generally, values below 20 are considered a weak trend, and values above 40 are considered a strong trend. ADX is used in trend-based strategies to evaluate whether the trend will continue or not.
These indicators are used to develop various strategies and make more informed investment decisions when analyzing the stock market. Each provides different information to understand specific market conditions and are often used together to provide more comprehensive analysis
See original
Basic indicators used in the stock market are tools that help investors analyze market movements and make buying and selling decisions. The main ones and their explanations: #RSI #BOLLINGER #fibonachi Continued in the 2nd POST
1. RSI (Relative Strength Index) RSI is a momentum oscillator calculated by the average of the last closing prices of an asset. It takes values between 0 and 100. Generally, above 70 is considered overbought, and below 30 is considered oversold. RSI is used to determine when prices enter overbought or oversold territory.
2. MACD (Moving Average Convergence Divergence) MACD shows the relationship between two moving averages and helps determine the direction and strength of the trend. The MACD includes a “MACD line” (usually calculated by subtracting the 26-day EMA from the 12-day EMA), a “signal line” (usually the 9-day EMA), and a “MACD histogram.” This indicator is used to determine buying and selling points with signals such as crossover and histogram crossing the zero line.
3. Fibonacci Retracement (Fibonacci Retracement Levels) Fibonacci retracement levels are used to determine possible retracement (correction) levels in the price movements of an asset. These levels are calculated based on Fibonacci ratios (0.0%, 23.6%, 38.2%, 50.0%, 61.8%, 100%). Investors make buying and selling decisions by using these levels as support and resistance points.
4. Bollinger Bands Bollinger Bands consist of bands drawn at a distance of two standard deviations around the average of prices (usually the 20-day SMA). The widening of the bands indicates that volatility is increasing, and the narrowing of the bands indicates that volatility is decreasing. When prices approach the upper band, it is interpreted as an overbought signal, and when prices approach the lower band, it is interpreted as an oversold signal.
1. RSI (Relative Strength Index) RSI is a momentum oscillator calculated by the average of the last closing prices of an asset. It takes values between 0 and 100. Generally, above 70 is considered overbought, and below 30 is considered oversold. RSI is used to determine when prices enter overbought or oversold territory.
2. MACD (Moving Average Convergence Divergence) MACD shows the relationship between two moving averages and helps determine the direction and strength of the trend. The MACD includes a “MACD line” (usually calculated by subtracting the 26-day EMA from the 12-day EMA), a “signal line” (usually the 9-day EMA), and a “MACD histogram.” This indicator is used to determine buying and selling points with signals such as crossover and histogram crossing the zero line.
3. Fibonacci Retracement (Fibonacci Retracement Levels) Fibonacci retracement levels are used to determine possible retracement (correction) levels in the price movements of an asset. These levels are calculated based on Fibonacci ratios (0.0%, 23.6%, 38.2%, 50.0%, 61.8%, 100%). Investors make buying and selling decisions by using these levels as support and resistance points.
4. Bollinger Bands Bollinger Bands consist of bands drawn at a distance of two standard deviations around the average of prices (usually the 20-day SMA). The widening of the bands indicates that volatility is increasing, and the narrowing of the bands indicates that volatility is decreasing. When prices approach the upper band, it is interpreted as an overbought signal, and when prices approach the lower band, it is interpreted as an oversold signal.
See original
#waves accumulated after correction. Waves are at an affordable price for long positions. I showed possible targets on the chart. I wish you good luck. #waves #long #fibonachi
See original
Why does Fibonacci work in trading?
$BTC It all started in 1202, when Leonardo of Pisa, better known as Fibonacci, presented the world with an interesting sequence of numbers: 0, 1, 1, 2, 3, 5, 8, 13… Each number is the sum of the two previous ones. that. Simple, right? However, this sequence revealed one of the greatest mysteries of nature.
The Fibonacci sequence appears everywhere: the spiral of a seashell, the petals of a sunflower, the branches of trees—even the structure of galaxies. These patterns correspond to the golden ratio (1.618), a universal blueprint of balance and proportion.
The Fibonacci sequence appears everywhere: the spiral of a seashell, the petals of a sunflower, the branches of trees—even the structure of galaxies. These patterns correspond to the golden ratio (1.618), a universal blueprint of balance and proportion.
See original
$MOVE Record Sharing
Yesterday, we caught a small divergence around 0.78 at the 4H level.
We can also see that the previous divergence quickly reflected in the market.
Additionally, with the liquidation data concentrated around 0.76, a significant number of short positions have accumulated, leading to a small rise in the short term 📈. Whether this momentum continues may depend on the overall market conditions.
Based on yesterday's analysis, starting from the midpoint of 0.77, the current increase is about 12%.
Currently, it is facing resistance at the large level of #fibonachi 0.5 (coin price 0.87). If it is a contract position, one might consider taking partial profits.
The current funding rate is positive, with only Bitget at -0.0328%.
Intraday, we will consider a pullback to cut long positions before making trades.
Predicting the market is about setting expectations for oneself, not investment advice. I hope everyone can enjoy a prosperous year in 2025.
Wishing everyone the best 💝
#HappyNewYearBinance #happy_trading
Yesterday, we caught a small divergence around 0.78 at the 4H level.
We can also see that the previous divergence quickly reflected in the market.
Additionally, with the liquidation data concentrated around 0.76, a significant number of short positions have accumulated, leading to a small rise in the short term 📈. Whether this momentum continues may depend on the overall market conditions.
Based on yesterday's analysis, starting from the midpoint of 0.77, the current increase is about 12%.
Currently, it is facing resistance at the large level of #fibonachi 0.5 (coin price 0.87). If it is a contract position, one might consider taking partial profits.
The current funding rate is positive, with only Bitget at -0.0328%.
Intraday, we will consider a pullback to cut long positions before making trades.
Predicting the market is about setting expectations for oneself, not investment advice. I hope everyone can enjoy a prosperous year in 2025.
Wishing everyone the best 💝
#HappyNewYearBinance #happy_trading
Record sharing of $MOVE
In the 4H level, we can see that the current support position is around 0.78
And there is a small divergence
In addition, the liquidation data is densely located around 0.76, and currently, it is dominated by short positions
The funding rate is -0.0382%
In the short term, I will consider placing orders again after waiting for the support area, with a stop loss below the support
Forecasting the market is to set expectations for oneself, rather than investment advice. I hope everyone can have a happy prosperous year in 2025.
Wishing everyone well 💝
#HappyNewYearBinance #happy_trading
In the 4H level, we can see that the current support position is around 0.78
And there is a small divergence
In addition, the liquidation data is densely located around 0.76, and currently, it is dominated by short positions
The funding rate is -0.0382%
In the short term, I will consider placing orders again after waiting for the support area, with a stop loss below the support
Forecasting the market is to set expectations for oneself, rather than investment advice. I hope everyone can have a happy prosperous year in 2025.
Wishing everyone well 💝
#HappyNewYearBinance #happy_trading
The Fibonacci technique
The Fibonacci technique is a method commonly used in technical analysis within financial markets, based on the Fibonacci number sequence. This sequence, developed by the Italian mathematician Leonardo Fibonacci, is a series of numbers where each number is the sum of the two preceding ones: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, etc. The ratios between these numbers reveal certain mathematical relationships, such as the "golden ratio" (approximately 1.618), which frequently appears in nature and human-made systems.
Fibonacci Technique in Financial Analysis
In financial markets, the Fibonacci technique is primarily used to identify potential support and resistance levels for price movements. The most commonly used tools include:
Fibonacci Retracement:
Specific Fibonacci ratios (23.6%, 38.2%, 50%, 61.8%, 78.6%) are calculated between the start and end points of a price trend (upward or downward).
These levels indicate potential areas where the price might pull back or correct.
For example, if a stock rises from $100 to $150, retracement levels are calculated based on these ratios (e.g., the 61.8% retracement level might be around $123).
Fibonacci Extensions:
Used to determine potential target levels if the trend continues.
Common extension levels include 100%, 161.8%, 261.8%, etc.
Fibonacci Arcs, Fans, and Time Zones:
Arcs: Show potential reversal points based on time and distance.
Fans: Draw trendlines at angles based on Fibonacci ratios.
Time Zones: Predict points in time where price movements might reverse.
How It’s Applied
On a charting platform (e.g., TradingView), you select the Fibonacci tool.
You mark the start and end points of a trend (e.g., the lowest and highest prices).
The tool automatically plots the Fibonacci levels, which can guide trading decisions.
Purpose
Support and Resistance: Identify levels where the price might pause or reverse.
Target Setting: Determine potential profit-taking points if the trend continues. #FIBO
Risk Management: Set stop-loss levels.
Although this technique is purely mathematical, its effectiveness in markets often stems from traders and investors acting on these levels, creating a self-fulfilling prophecy. #fibonachi #Fibonacci🚀💰📈
Fibonacci Technique in Financial Analysis
In financial markets, the Fibonacci technique is primarily used to identify potential support and resistance levels for price movements. The most commonly used tools include:
Fibonacci Retracement:
Specific Fibonacci ratios (23.6%, 38.2%, 50%, 61.8%, 78.6%) are calculated between the start and end points of a price trend (upward or downward).
These levels indicate potential areas where the price might pull back or correct.
For example, if a stock rises from $100 to $150, retracement levels are calculated based on these ratios (e.g., the 61.8% retracement level might be around $123).
Fibonacci Extensions:
Used to determine potential target levels if the trend continues.
Common extension levels include 100%, 161.8%, 261.8%, etc.
Fibonacci Arcs, Fans, and Time Zones:
Arcs: Show potential reversal points based on time and distance.
Fans: Draw trendlines at angles based on Fibonacci ratios.
Time Zones: Predict points in time where price movements might reverse.
How It’s Applied
On a charting platform (e.g., TradingView), you select the Fibonacci tool.
You mark the start and end points of a trend (e.g., the lowest and highest prices).
The tool automatically plots the Fibonacci levels, which can guide trading decisions.
Purpose
Support and Resistance: Identify levels where the price might pause or reverse.
Target Setting: Determine potential profit-taking points if the trend continues. #FIBO
Risk Management: Set stop-loss levels.
Although this technique is purely mathematical, its effectiveness in markets often stems from traders and investors acting on these levels, creating a self-fulfilling prophecy. #fibonachi #Fibonacci🚀💰📈
See original
♦️ Here is an example of how to find it on the Binance chart 📉📊.
The bounce of #fibonachi
The Fibonacci retracement is a technical analysis tool used to identify potential support and resistance levels in financial markets.
- Look for bounces: Wait for the price to retrace to one of these levels and then bounce in the direction of the main trend.
- It’s not perfect, use it with other tools.
$ETH
The bounce of #fibonachi
The Fibonacci retracement is a technical analysis tool used to identify potential support and resistance levels in financial markets.
- Look for bounces: Wait for the price to retrace to one of these levels and then bounce in the direction of the main trend.
- It’s not perfect, use it with other tools.
$ETH
See original
Fibonacci: The Golden Ratio in Trading
The Fibonacci sequence, a series of numbers where each number is the sum of the two preceding ones (0, 1, 1, 2, 3, 5, 8, 13...), has fascinated mathematicians and artists for centuries. In the trading world, it has been adapted to identify potential support and resistance levels on price charts.
How is Fibonacci used in trading?
Traders use Fibonacci levels (38.2%, 50%, 61.8%, etc.) to draw horizontal lines on a chart. These levels are calculated based on the distance between two key points in a price movement, such as a high and a low.
How is Fibonacci used in trading?
Traders use Fibonacci levels (38.2%, 50%, 61.8%, etc.) to draw horizontal lines on a chart. These levels are calculated based on the distance between two key points in a price movement, such as a high and a low.
My advice for all new traders
Always use Stoploss
Always book your profit
Always follow the strategy
Always check $BTC dominance before trade
Always feel optimistic
Always confirm your trade by using #fibonachi .
Always use Stoploss
Always book your profit
Always follow the strategy
Always check $BTC dominance before trade
Always feel optimistic
Always confirm your trade by using #fibonachi .
Login to explore more contents