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fibonachi

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Edgardo Zeli
ยท
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Bearish
๐Ÿ“‰ Does $BTC need a correction? After the strong momentum from $62.4K to $79.5K, Bitcoin shows a considerable extension, and the RSI on higher timeframes has reached extreme levels. Even though the trend is still bullish, a correction now would be technically healthy. Using Fibonacci from $62.416 โ†’ $79.575, the zones Iโ€™m watching are: ๐Ÿ”น 23.6% โ†’ $75.5K โ€” first support ๐Ÿ”น 38.2% โ†’ $73.0K โ€” main target for a moderate correction ๐Ÿ”น 50% โ†’ $71.0K โ€” key area ๐Ÿ”น 61.8% โ†’ $69.0K โ€” deep correction and possible strong buy zone ๐ŸŽฏ My scenario: losing $75.5K would considerably increase the probability of testing $73K. If it also doesnโ€™t hold that level, $71Kโ€“$69K would be the next logical range. โš ๏ธ A correction doesnโ€™t necessarily mean the bullish trend is over. After such a vertical move, it could simply mean unwinding overbought conditions, taking liquidity, and building a new base. How far do you think BTC will retrace: $75.5K, $73K, or $69K? ๐Ÿ‘€ #BTC่ตฐๅŠฟๅˆ†ๆž #bitcoin #fibonachi #BinanceSquare
๐Ÿ“‰ Does $BTC need a correction?

After the strong momentum from $62.4K to $79.5K, Bitcoin shows a considerable extension, and the RSI on higher timeframes has reached extreme levels. Even though the trend is still bullish, a correction now would be technically healthy.

Using Fibonacci from $62.416 โ†’ $79.575, the zones Iโ€™m watching are:

๐Ÿ”น 23.6% โ†’ $75.5K โ€” first support
๐Ÿ”น 38.2% โ†’ $73.0K โ€” main target for a moderate correction
๐Ÿ”น 50% โ†’ $71.0K โ€” key area
๐Ÿ”น 61.8% โ†’ $69.0K โ€” deep correction and possible strong buy zone

๐ŸŽฏ My scenario: losing $75.5K would considerably increase the probability of testing $73K. If it also doesnโ€™t hold that level, $71Kโ€“$69K would be the next logical range.

โš ๏ธ A correction doesnโ€™t necessarily mean the bullish trend is over. After such a vertical move, it could simply mean unwinding overbought conditions, taking liquidity, and building a new base.

How far do you think BTC will retrace: $75.5K, $73K, or $69K? ๐Ÿ‘€

#BTC่ตฐๅŠฟๅˆ†ๆž #bitcoin #fibonachi #BinanceSquare
ยท
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# ๐ŸŽฏ The secret of the "golden ratio" in quick trading! ๐Ÿ“‰๐Ÿ”ฅ Why do crypto prices suddenly bounce off specific points? The secret lies in **Fibonacci levels**! Though it started in the forex market, it works powerfully in crypto because whale algorithms and trading bots are automatically programmed on it. ### ๐Ÿ“Š Top 3 levels you shouldn't overlook: * `0.382` ๐Ÿ“Œ Quick bounce in very strong trends. * `0.500` ๐Ÿ“Œ A strong psychological barrier supported by traders. * `0.618` ๐ŸŒŸ **"Golden ratio"** the strongest and most accurate for catching bottoms and reversals! ### ๐Ÿ› ๏ธ How can you benefit from it? Pull the tool from **the lowest low to the highest high** in an uptrend, and wait for the price at the golden zone `0.618` to seize the entry opportunity with strict risk management and the help of the **RSI** indicator. --- ๐Ÿ—ณ๏ธ **Quick question:** Do you rely on Fibonacci in your trades on Binance? ๐Ÿค”๐Ÿ‘‡ #BinanceSquare #TechnicalAnalysis #fibonachi #Crypto
# ๐ŸŽฏ The secret of the "golden ratio" in quick trading! ๐Ÿ“‰๐Ÿ”ฅ

Why do crypto prices suddenly bounce off specific points? The secret lies in **Fibonacci levels**!

Though it started in the forex market, it works powerfully in crypto because whale algorithms and trading bots are automatically programmed on it.

### ๐Ÿ“Š Top 3 levels you shouldn't overlook:
* `0.382` ๐Ÿ“Œ Quick bounce in very strong trends.
* `0.500` ๐Ÿ“Œ A strong psychological barrier supported by traders.
* `0.618` ๐ŸŒŸ **"Golden ratio"** the strongest and most accurate for catching bottoms and reversals!

### ๐Ÿ› ๏ธ How can you benefit from it?
Pull the tool from **the lowest low to the highest high** in an uptrend, and wait for the price at the golden zone `0.618` to seize the entry opportunity with strict risk management and the help of the **RSI** indicator.

---
๐Ÿ—ณ๏ธ **Quick question:** Do you rely on Fibonacci in your trades on Binance? ๐Ÿค”๐Ÿ‘‡

#BinanceSquare #TechnicalAnalysis #fibonachi #Crypto
ยท
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Bullish
๐Ÿšจ $LAB {future}(LABUSDT) Update โ€” Bullish Structure Still Active As long as the $6.15 support zone holds, LAB is showing strong continuation potential on the chart. ๐Ÿ“ˆ Current structure suggests: Higher lows forming Momentum reclaim in progress Buyers defending key support According to the Fibonacci extension setup, the next major target zone is around $9+ ๐ŸŽฏ Key Levels: ๐Ÿ”น Support: $6.15 ๐Ÿ”น Invalidation: Below $5.26 ๐Ÿ”น Fibonacci Target: $9.27 If volume continues to support the breakout, LAB could enter another expansion phase. โšก Now watching closely: ๐Ÿ‘€ Breakout strength ๐Ÿ‘€ Volume confirmation ๐Ÿ‘€ Market reaction near resistance #tradingview #BinanceOnline #bullish #fibonachi #CryptoTradingInsights
๐Ÿšจ $LAB

Update โ€” Bullish Structure Still Active

As long as the $6.15 support zone holds, LAB is showing strong continuation potential on the chart. ๐Ÿ“ˆ

Current structure suggests:

Higher lows forming
Momentum reclaim in progress
Buyers defending key support

According to the Fibonacci extension setup, the next major target zone is around $9+ ๐ŸŽฏ

Key Levels:
๐Ÿ”น Support: $6.15
๐Ÿ”น Invalidation: Below $5.26
๐Ÿ”น Fibonacci Target: $9.27

If volume continues to support the breakout, LAB could enter another expansion phase. โšก

Now watching closely:
๐Ÿ‘€ Breakout strength
๐Ÿ‘€ Volume confirmation
๐Ÿ‘€ Market reaction near resistance

#tradingview #BinanceOnline #bullish #fibonachi #CryptoTradingInsights
Iโ€™m focusing on the local structure instead of the macro top. By anchoring Fib to this specific leg, the levels align perfectly with the price action. The 0.236 level marks the immediate breakout, while the higher levels hit the exact spots where price struggled before, giving me a clear map of the road ahead. #fibonachi #parallel #structure #ConsolidationZone
Iโ€™m focusing on the local structure instead of the macro top. By anchoring Fib to this specific leg, the levels align perfectly with the price action. The 0.236 level marks the immediate breakout, while the higher levels hit the exact spots where price struggled before, giving me a clear map of the road ahead.
#fibonachi #parallel #structure #ConsolidationZone
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