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Circlefib

$TOTAL is flerting with important Fibonacci Circle resistenceAfter a fake breakout from important Fibonacci Circle resistence and a fake breakout from the downward blue continuous line, CRYPTOCAP:TOTAL is trying to find now support over the daily 200 EMA (green line) that coincides exactaly over an important VWAP reset line If prices continue to fall, a very important support will be over the market "Support Box" Once the price breakout from the red Fib Circle, market will continue its move upward
CRYPTOCAP:TOTAL
by CCCLopes
Bitcoin Hourly - Fib CirclesOn the hourly chart we can see slow downward movement, likely due to uncertainty in the market A triangle descending can be seen above the middle line of interest, then a break down A triangle ascending also can be seen below the middle line of interest (yellow), then I expect a break up to occur This is the hourly chart it can be quite unpredictable but these circles tend to work quite well I will attach my guide to these circles below Along with some BTC analyses on a higher timeframe
COINBASE:BTCUSD
by Bixley
2
Fibonacci Circles GuideA guide for Fib circles 1 - Draw the trendline 2 - look for areas of confluence around the circle at levels for example 0.618, 1.618, 2.618, 3.618 ... 3 - Make an assessment This is the 4Hour chart for Ethereum and isn't as reliable as using a higher timeframe, say drawing the trendlines through the entire bear market on the weekly for Ethereum would be more effective. Regardless it still serves its purpose. This is little data for the current bull run. This trendline drawing can be applied to any (weekly preferable) chart and assessments can be made based on the position of the price, above or below a key Fib level E.g (0.618) Hope this helps aspiring chartists
COINBASE:ETHUSDEducation
by Bixley
2