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Fibonacci Projection

THETA is a very excellent cryptographic. Walking in the FIBOTechnical analysis regarding the price of THETA NETWORK in relation of dollar Tether for the next scenarios, based on daily movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz
FIB your way to SUCCESS! In his historic 13th century novel Liber Abaci (Book of the Abacus), Leonardo Fibonacci brought a special sequence of numbers known as the Fibonacci series to Western civilization. Before we look into how Fibonacci numbers and ratios are used in the financial markets to predict future support and resistance levels, let's have a look at where they came from and how they were created. A simple mathematical expression that describes a Fibonacci series is given as follows: F(n+1)=Fn+ F(n-1) where Fn represents the current number, F(n-1)the previous number, and F(n+1) the next number in the Fibonacci series. Any integer in the Fibonacci series is the sum of its two previous whole numbers, regardless of how it is represented mathematically. Starting with F(n-1) = 0 as the previous number and Fn = 1 as the current number in the sequence, we can get F(n+1), the next number in the Fibonacci series, by repeating or iterating the process for each new Fn: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, ... The ratio of the current Fibonacci number to its immediate previous number, that is, the ratio (F(n+1)/Fn) or (Fn/F(n-1)), is a special and somewhat mysterious characteristic of the Fibonacci sequence. When we move farther out into the Fibonacci sequence, this ratio reaches 1.618 (to three decimal places). In truth, it turns out that it doesn't matter which two numbers were chosen to start the series in the first place. It will still hit 1.618 as we proceed along with the list! This unique ratio is referred to as the Golden Ratio, or "Phi" . We already know that Phi = 1.618 (to three decimal places). Here are some other important ratios related to Phi: a. (1/Phi) = 0.382 b. Phi x Phi = 2.618 c. (2/Phi)-1 =0.236 d. √ (1/Phi) = 0.786 e. √ Phi = 1.272 The items in this list of Phi‐related ratios are regarded as significant ratios in technical analysis and are used widely by technical traders and analysts. Fibonacci Retracements, Extensions, and Projections Fibonacci numbers and ratios are often used to time future market reversals, or as time forecasts, as we can see in the following pages. Before going any further, it's a good idea to define the terms retracement, extension and projections in broad terms. Price Retracements A market drop or reversal from a significant high, or a rebound from a significant trough, is referred to as a retracement . The amount of retracement is normally expressed as a percentage of the observed price range, and is calculated by comparing the peak to a previous significant trough or a trough to a previous significant peak. In other words, we have both downside and upside retracements. Popular Fibonacci percentage retracements include: a. 23.6 percent b. 38.2 percent c. 61.8 percent d. 78.6 percent Price Extensions A downside extension is any downside retracement that is greater than 100 percent, that is, the downside retracement extends below the previous significant trough, that is, beyond the observed price range. In similar fashion, an upside extension is any upside retracement that is greater than 100 percent, that is, the upside retracement extends above the previous significant peak that is beyond the observed price range. Popular Fibonacci price percentage extension levels include: a. 127.2 percent b. 161.8 percent c. 261.8 percent d. 361.8 percent e. 423.6 percent f. 461.8 percent Price Projection An upside price projection is a projection of an observed price range from a higher significant trough. A 100 percent price projection is simply a one to one (1:1) projection of the observed price range from some new higher significant trough. Similarly, Fibonacci downside price projections use the phi‐related percentages for forecasting potential support in a downtrend. The main Fibonacci percentages associated with projections are: a. 61.8 percent b. 161.8 percent c. 261.8 percent d. 361.8 percent e. 423.6 percent f. 461.8 percent Trade with care. If you like our content, please feel free to support our page with a like, comment & subscribe for future educational ideas and trading setups.
TVC:GOLDEducation
by financialflagship
30
SBI NSE 2021 quarterly analysis with time speculationsHi here we have a complete Price Action and Fibonacci analysis with specifying the time zone speculation of upcoming events we are mainly bullish on it as nifty also is bullish these days but still we have chances of retracement we we can not break the current price and which is 61.8% of our bearish retracement Fib level ( Price: 280.00) and if so then we may have an other bearish wave down which is less likely to happen but yet there are some chances and the market is very dynamic in finance sectors and any thing may happen please share you opinions in the comment section for me. and if you are interested in my work please follow and ask me your instrument so we will analyze it for you thanks
NSE:SBIN
by BitonGroup
3
UPDATE OF XAUUSDAs I say in my previous analysis we expect of gold to have a corrective B wave and from the next week we expect gold to go to 1900 all my analysis ( Elliot waves / Fibonacci RET / Trend lines / Resistant and Support ( still waiting for harmonic :D ) ) says that gold would stop between 1790 - 1800 and then it go for the C wave and Fibo PRO of A wave starting at the bottom of B wave says that we could reach for 1900 for now we just wait and observe may force be with us :D previous analysis down below
FX:XAUUSDLong
by itshosyn
Altria Elliott Wave CountAssuming the bullish thesis laid out in my previously published posts (linked below), this is my current long-term count for Altria. With wave I of cycle degree being the longest, wave V must be shorter than wave III. This only limits MO to ~$103.44 for a move measured in price. On a percentage basis there's plenty of room to run as long as it's less than 1603%! Interestingly, Fibonnaci projections at both cycle and primary degree fall into the same zones making $76-$78 and attractive initial target. This initial target is not far from a double from current prices. The part of this count that is less than ideal is the current 9 waves down for a correction. A complex double zigzag WXY would subdivide as 7 (A-B-C-X-A-B-C) and a triple zigzag WXYXZ would subdivide as 11 (A-B-C-X-A-B-C-X-A-B-C). This leaves one to think the bottom is not yet in. Possibly it's an ABC zigzag with an ending diagonal C explaining the overlapping waves going down. Taking into consideration the technicals highlighted in "If you didn't know which company this was, would you buy?" are occurring on such a large time frame, I think they are likely to hold as reversal indicators. Additionally, I have presented in "Altria Fundamental Trends" a sustainable trend for profitability and dividends along with indicators Altria is relatively undervalued in "Altria Valuation." Factoring for the confluence of long-term technicals, low historical valuation metrics for MO, and a healthy looking long-term trend in margin growth that is reflected in revenue growth for a product in secular decline I think this is an opportune time to buy shares of MO. This allows me to favor an Elliott Wave count with bullish bias and not get too hung up on an idealized corrective count. This is an individual stock that has fallen out of favor. (There are a number of reasons to expect less than perfect Elliott Wave counts here.)
NYSE:MO
by Kappy
NOTION (0083) - Kajian Potensi TP (TF Weekly) 30/07/2020@09:45pmNOTION VTEC BERHAD (0083) Notion VTec Berhad is an investment holding company. The Company is engaged in providing management services, and provides a range of services from design to production, tooling development, quality assurance, surface coating and finishing, heat treatment, and shipping and logistics. Its segments include Manufacturing and Investing. The Manufacturing segment is engaged in manufacturing precision components and tools, including design, other related activities and incidental services. The Investing segment is engaged in investment holding and provision of management services. Its products include Data Storage, Digital Imaging and Industrial & Automotive. It supplies precision-turned, milled, drilled and ground parts to renowned multi-national companies all over the world. Its services include product development, tooling and fixtures development, process engineering, mechanical machining processes, surface treatment, precision washing technology and waste water treatment. SECTOR: TECHNOLOGY SUB-SECTOR: TECHNOLOGY EQUIPMENT TOTAL SHARE ISSUE: 504,975,973 PUBLIC FLOAT %: 50.73% BERITA TERBAHARU: Pada 9 April 2020, Notion VTec menyatakan kepada Bursa bahawa syarikat itu telah memutuskan untuk menceburkan diri dalam pengeluaran peralatan pelindung diri dan komponen ventilator perubatan berikutan pandemik Covid-19 yang melanda seluruh dunia. Lembaga Pengarah Notion VTec mengumumkan bahawa Notion Venture Sdn Bhd ("NVSB"), anak syarikat milik penuh Notion VTec, telah memperolehi Perakuan Pendaftaran bertarikh 27 Julai 2020 dari Registrar Corp yang mengesahkan bahawa NVSB telah berdaftar dengan U.S. Food and Drug Administration untuk Tahun Kewangan 2020 untuk topeng muka (kecuali alat pernafasan N95) untuk Orang Awam / Personel Penjagaan Kesihatan mengikut Panduan IIE. NVSB juga telah mengirimkan sampel alat pernafasan N95 ke makmal luaran yang diiktiraf dan hasilnya akan durujuk kepada National Institute for Occupational Safety and Health ("NIOSH") untuk kelulusan. Sekiranya kelulusan alat pernafasan N95 diperolehi dari NIOSH, Notion beranggapan bahawa eksport topeng muka akan menjadi perniagaan jangka panjang syarikat. Notion juga mengumumkan bahawa NVSB juga telah menghantar permohonan untuk mendapatkan sijil halal ke Jabatan Kemajuan Islam Malaysia ("JAKIM") dan saat ini sedang menunggu hasil permohonan tersebut. Setelah mendapat perakuan dari JAKIM, Syarikat kemudian akan mengeksport topeng muka ke negara-negara Islam tertentu. ANALISA TEKNIKAL: NOTION mengalami kejatuhan setelah melakukan corak DOUBLE TOP dan harga telah bertahan dan melantun pada EMA50 (TF Weekly) dan seterusnya melakukan reversal. Harga ditutup pada aras RM0.815 pada penutup minggu ini (30/07/2020 - Khamis). Hari Jumaat (31/07/2020) adalah cuti umum sempena Hari Raya Aidiladha. Harga perlu melalui paras halangan Fibonacci yang kuat iaitu 0.382 (RM0.850), 0.500 (RM0.925) dan 0.618 (RM1.00) jika ingin meneruskan kenaikan yang lebih tinggi. #feelfreetodisagree #notAbuycall #tradeatyourownrisk #TAYOR #BursaMalaysia
NLong
by yuzieyusoff2
ABC trend reversal signal (fibonacci 3 point)Merry Christmas everyone and happy holidays! Welcome to another analysis, this time on the EUR/USD pair I use fibonacci retracements to look for support/resistance levels. I prefer to see prices respect the fibonacci levels from start to end. What im looking for is a retracement of minimum 38%, once this criteria is met I begin to plot the fibonacci projections tool to measure the most accurate future support/resistance levels This tool is also called trend based extensions on TradingView If price finds support/resistance above 50% projections, i am usually expecting a continuation of the impulsive wave or trend, but only after a pullback. From here I want to see support/resistance at approximately 11% projections and then trade in the direction of the trend. If price finds support/resistance below 38% projections I am expecting a trend reversal. In this chart you can clearly see support at 38% projections as price found buyers stepping into the market here. The buyers are fighting for the higher lows and a higher high is now expected. The most realistic target would be 1.28x at 78% ab retracement. Thank you for reading the analysis Please dont forget to like the chart and make sure to state your comments in the section below Thank you guys for all the support I really appreciate it! God bless
Long
by MikulovicFOREX
2
Bitcoin Analysis - Your Daily Programming Will Resume ShortlyBitcoin Analysis: 1. We have hit all 3 targets as predicted and stopped at 61.8% retracement from ATH to ATL, R3 W1 pivot, pitchfork's warning line 2. We are still in up trend and correcting on a higher timeframe 3. Possible top with further bearish continuation 4000 years of peace have passed in the Galaxy under full control of the Empire and basically nothing has changed with this move. This price drop is just Princess Leia being rescued by Luke Skywalker, Han Solo, Chewbacca, and Obi-Wan Kenobi, who then deliver the Death Star's schematics to the Alliance while Han and Lando smuggle in much waited Bitcoin supplies to the resistance. It's too early to tell whether the Resistance will win the battle of Yavin. There are 3 wave counts on the chart: 1. Bullish (green, blue) - wave (3) is in, correction in wave (4), continuation of the up trend in wave 5 (circle) - green - implies an extension in wave 5 - blue - variation, implies an extension in wave 1 wave 4 will form a triangle and break up D1 RSI is still in neutral/bullish control zone above 50 Staying above D1 EMA12, EMA26, pitchfork's median line, W1 EMA 12 and range median line is bullish if D1 EMA12,26 and pitchfork median hold - expect a sideways ranging action, with consolidation and break up V-shape recovery is low probability Alts have already broken D1 EMA12 and may continue to W1 EMA12. This is normal. If Bitcoin has another leg up alts will go down, if it consolidates alts may have a change to hit their targets. Watch BTC Dominance to confirm the start of the alt season. When it goes up - alts consolidate and bleed out down When is declines/consolidates some key alts may go up. Bull targets: - 16300 - -0.236 algo target - 17000-17400 - wave0-3 1.618% fib projection - 20300 - -0.618 algo target - 23000 - wave0-3 2.618% fib projection 2. Bearish (red) - wave (5) circle is already in, major correction in ABC or reversal/down trend unfortunately, wave0-3 100% fib projection and EWO also seem to support this scenario we had a very long wave 2, so according to the rule of alteration, we can expect a sharp ABC zigzag down A W1 close below D1 EMA12 will confirm the move to D1 EMA26 getting back inside the range below 11800 is bearish, breaking up - bullish. We have D1 RSI and EWO divergence with confirmed top with a close below prev bar low, shooting star candle and volume if D1 EMA12 doesn't hold - expect a drop to D1 EMA26, EMA50 or possibly W1 EMA12 followed with a bounce The up trend is not over until we get a EMA12,26 cross down, and after than it can still bounce off of W1 EMA12 (Weekly is in up trend) and regain D1 EMA12 support to move higher And if W1 EMA12 fails there's a Mo EMA12 below (also in up trend) at 61.8% retracement providing more support to the up side. Bear targets: - 9600-9750 - 38.2% fib retracement - 8500 - 50% fib retracement - 7000-7250 - 61.8% fib retracement Key levels: - 11800 - top of the 2018 range - 8300 range middle line - pitchfork median line (red) - D1, W1 EMA12,26, Mo EMA12 Good Luck! Trade responsibly. Not a financial advice.
BITFINEX:BTCUSD
by RagingRocketBull