"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at...
Hello guys! Take a look at how smoothly the market respects the Golden Zone on Fibonacci retracement levels. The Golden Zone or Golden Ratio is the area between 50% and 61.8% on retracement levels, which acts as a strong support zone. After an impulse, on the correction the price usually gets rejected by this zone and it continues its previous trend. However, if...
Hello, Let us talk about 'Fibonacci.' On this chart: You will read about where it came from? Why do we use it, and where does it help us. Before we dive in to talk about Fibonacci Retracement levels and their use in trading, Let us talk about the origin of Fibonacci : It all started with rabbits. Yes, Rabbits! Fibonacci became interested in a strange...
"Impulse" is a surge that creates "Ripples", like a pebble into water. Each of the Ripples has precise bounds defined by the "Golden Ratio". Until a new Impulse occurs, the Price oscillates within "Energy Bands". The Golden Ratio is the underlying building block of the entire Universe. From the Arms of a Spiral Galaxy, to the Bones of Your Fingers, it's in...
Imagine a Box that's being fired everytime market makes a swing. Multiples of boxes of bear/bull. That is what fib is 0 to 1. Many people say "So its going to go up or So its going to go down?" well answer to that is BOTH. They are always fighting and more often than naught one will break and other one will move on to its multiplier. Pretty simple and powerful stuff.
Golden Ratio shows us that those targets are possible. If Bitcoin grows not too fast that gives opportunity for the target lines to go up. Therefore I welcome the price corrections on the way. Price corrections allow for an higher all time high.
In a strong trending market, it is important to find entries at the high probability zones i.e. Fib Retracements. Ideally within the .382 - .618 zones. It may be tempting to enter the market during a period of strong momentum, but itmust be known that every strong trend contains correction phases, this is where you capitalise on the trend momentum. Entering the...
Hello fellas, welcome to the another day of the uncertainty and flatness for bitcoin. As a mother of all cryptocurrency, it's very tense that the price is moving with a lot of uncertainty and doubt. Now, I want to acknowledge you all with my current bitcoin bias which is very important. First of all, I want to explain about the golden pocket. The golden pocket is...
MATICBTC neatly moved in a Fibonacci Channel and fell down to 100% bottom of that channel. Two detectors predicted the top Golden Ratio Top Detector (UO_GRFM) Mayer Multiple Golden Ratio Top Detector also showed the potential bottom correctly. Future? As long as it coasts above SMA350/6h, I will consider it a bullish opportunity and keep collecting. Also...
Golden ratio (Phi is an important number). Phi (1.618) has interesting properties that are commonly found in markets. Today we will have a closer look at the golden sum, it's lesser known (don't find too much about it) and can be calculated by taking sum and multiply it again with 0.618, in this way the golden sum will grow to it's limit of 2.618 as the extensions...