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Fibonnacci

premium/discount theory explained !!hi , im hamid and today im going to discuss an interesting theory with u . between highs and lows of a major move up or down , u can draw a fibo with 0,0.5 and 1 values . so the top part is premium and the bottom part is discount . then it all comes to this ; price doesn't want to stay in one of these sides for too long , soooo it slides briefly into the other . then we come to this other understanding that in a non-volatile market , to go beyond premium , first price hunts the liquidity above premium top border , then hunts the liquidity in discount (sometimes even the liquidity bellow it !) and at last goes higher . all this works in bearish move too but in different order . as for now price did the first two liquidity hunting sessions , and now ... well lets see !!
BITSTAMP:BTCUSDLong
by hamidking82
Fib levels confirm next Bitcoin cycle top in mid-2025Focusing on the Fib wedge here, it can be seen that each Fibonacci level has marked Bitcoin's top so far. 1. The zero point of the fib wedge is exactly where BLX price starts from at around $0.05 in 2010 2. The first fib level 0.236 marked the top around $30 in 2011 3. The second fib level 0.382 marked the top around $1100 in 2014 4. The third fib level 0.618 marked the top around $20,000 in 2017 5. The fourth fib level 0.786 marked the top around $66,000 in 2021 These are FIVE points of reference with pin-point accuracy. Not "by chance" or "coincidence". Therefore, it is only fair to assume that the 6th one, which also completes this fib wedge being the final level of 1.0 on the fib wedge, is going to mark the next cycle top as well. A highly conservative top would be around $150,000 while a more realistic target seems to be around $200,000 to $250,000 . On the other hand, a highly optimistic target is around $300,000. Also inferring from the chart an approximate time-point can be seen of mid-2025 for the next BTCUSD cycle top. A mid-cucle top of $120,000 to $150,000 in mid 2024 is also possible. The important thing to remember is fib level 1.0 around mid-2025. How the price gets there is anyone's guess. === Sidenote: The series of 5 side-by-side fib retracements each are set as follows: - 0 marks the top of each cycle - 1 is aligned with the bottom of the cycle immediately preceding it The resulting congruence among the retracements and their harmony with each other is astounding. === Disclaimer: Keep in mind that market predictions are about as reliable as a weather forecast in outer space. Use this analysis as a conversation starter, not as financial advice. Investing in cryptocurrencies carries risks, so do your homework and make informed decisions. Remember, no crystal balls here—just a pinch of insight and a dash of caution
BNC:BLXLong
by Sikbh
1
XAUUSD 2023 05 18. Let's looking for some long positions.It looks like XAUUSD has reached the support area in yellow box, and it is a strong support area as we can see from the past, every time the price level fall to the area, it bounce back. The last price level 1974.98 is almost reached Fibonacci ratio for wave C of Y at 1.0 (1973.42). (Yellow framed box). And as wave 5 of C, it almost reached Fibonacci ratio at 1.0 also which is 1973.42. (Green framed box) I think when the price go beyond the trend line, it is the time to take some buy position and start dealing with B wave as we can see in the picture below at daily time frame. Wave A contain 3 wave, and if it is final, then we can expecting B wave will be stop at fibonacci level from 0.618 to 1.382 as b wave of a Flat pattern. Unless it is not a Flat pattern and more complicated WXY pattern. So, let's wish for the best simple pattern so we all can earn more profits. That's all guy. Happy trading and trading happily. Wish the best luck for all, and always profit. Feel free to share you thought at comment area below. Thank you.
PEPPERSTONE:XAUUSDLong
by Fx46
BTC Potential Movements Time for a new update : Hello, traders. I'd like to provide an update on Bitcoin's Fibonacci pivot points for various periods, including 1 year, 3 years, and 10 years. Fibonacci pivot points are a popular tool used in technical analysis to identify potential support and resistance levels. These levels are calculated based on Fibonacci ratios and are commonly used by traders to identify entry and exit points for trades. For this analysis, I've calculated the Fibonacci pivot points for Bitcoin using three different periods: 1 year, 3 years, and 10 years. By analyzing these different time frames, we can get a better understanding of Bitcoin's long-term trend and potential price targets. Based on my analysis, Bitcoin's Fibonacci pivot points for the 3-year period suggest that the current resistance levels are around HKEX:30 ,000 Of course, these levels should be used in conjunction with other forms of analysis, such as trend analysis and price action, to make trading decisions. It's also important to note that past performance is not necessarily indicative of future results, so traders should exercise caution when using Fibonacci pivot points or any other technical indicator. I hope this analysis provides some useful insights for Bitcoin traders. As always, I welcome your comments and feedback on this idea.
BITSTAMP:BTCUSD
by MaximusGains
HBAR to dip sub .05 or do we moon?Big fan of the HBAR... Feeling there's going to be a pull back taking out March lows providing another amazing buy opportunity!! There's loads happening in the Hedera ecosystem many new projects are coming on board making most of its benefits to developers... www.degenparadise.com - Get your Degen Coins for a share of revenue from its amazing games!! zuse.market - Would love to see this beast of a project rise to the top 5 this next 2 years!!!! Vamos Hedera Hashgraph
BINANCE:HBARUSD
by VoltageMarkets
Prepare for Impact: Scorpio Tankers Approaching Free FallScorpio Tankers Inc. (STNG) appears to be headed for a downside based on two significant factors - the impact of the oil market and the approach of Wave 3 in the Elliott Wave Theory. The recent downturn in the oil market has hit the entire industry hard, and Scorpio Tankers is no exception. As a company that operates in the oil tanker shipping industry, the drop in oil prices and demand for oil transportation services will have a significant impact on its revenue and earnings. Additionally, from a technical analysis perspective, Scorpio Tankers is approaching Wave 3 of the Elliott Wave Theory. After touching the 0.786 Fibonacci retracement of Wave 2, the stock saw a sharp decline, indicating that Wave 3 may be on the horizon. Based on this analysis, investors should look for the price of Scorpio Tankers to head towards the range of TASE:47 - TASE:43 in the near future.
NYSE:STNGShort
by UnknownUnicorn910751
1
Is the US30 Rally Coming to an end??The last two days have been highly bullish, wouldn't you agree? Just enough to get buyers off their wallets to deliver a devastating blow. Last week we successfully sold US30 for 500 pips. I expect more of the same this upcoming week. I've Identified 5 Different Structures that give us a price cluster, at a significant market level. Details Below. Structure 1 S1 from swing high 34889 to swing low 31426 is the largest structure we used to capture the .618 Retracement. Structure 2 S2 from swing high 34498 to swing low 31426 gives us another .618 Retracement . Structure 3 S3 from swing high 33582 to swing low 31426 gives us the .786 - .886 retracement zone . (Only using the .886 as a part of the price cluster.) Structure 4 S4 from swing high 32992 to swing low 31426 gives us the 1.272 extension Structure 5 S5 from swing high 32765 to swing low 31727 gives us the 1.618 extension We have been experiencing a lot of market volatility and had some consolidation the last few times price was at these levels. As always respect your risk and be patient with your entries. I took a more conservative entry because there are significant levels above the price entry. In case markets get wicky I would like to stay in it. Good Luck STOP LOSS: 338876 ENTRY: 33570 TARGET: 32823 Was this helpful for you? If so like and comment! If not, please share with me how you feel these ideas can come across more clearly. Happy Trading
UShort
by LevelsArchitect
1
Algo Bulls Need FuelLooking at Algorand/USDT 4H on Binance, it seems like there is a long road ahead for ALGO bulls. We see two recent rejects at the .5 FIB / $.24. The retracement found support on the 200MA but the subsequent bounce was unable to fully recapture the .382 FIB at $.225. I'd expect some chop between the 200MA & .382 then a drop down towards $.21. With the two rejections in place at $.24 and little volume supporting the 200MA bounce, I'm generally bearish in the short & long term on Algo. The volume spike that drove it from $.19 to $.24 seems anomalous and without any real momentum. Should bulls get the fuel they need from somewhere in the ecosystem, its a tough road towards the long time resistance at $.26 (white line). I'd expect multiple attempts & failures at recapturing that level, especially with the .618 so close to it. With so many other charts & cryptos showing bullish indicators, Algo is a tough technical sell in current form.
Short
by ChartswithChip
7