Good morning people.
The 0.618 fibonacci is proving to be a strong support like the 0.5 was.
The 0.618 fibonacci is proving to be a strong support like the 0.5 was.
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0.786 may be spiked again but in my view this is solidNot
I found this on investopedia: The most significant Fibonacci retracement level to watch for is the 0.618. This is the inverse of the golden ratio, 1.618 or phi. The 0.618 retracement level tends to be the maximum pullback zone where fear climaxes as the final sellers throw in the towel and bargain hunters rush into the stock to resume the uptrend. On downtrends, the 0.618 price level should be where the final buyers are exhausted as sellers take the opportunity to unload their positions and short-sellers jump off the fence to push down the price and resume the downtrend. Some traders prefer to wait for two to three candlestick closes above or below a Fibonacci retracement level to confirm support or resistance before placing a trade.Not
I was reading a comment which was pointing out that we are in bear market. I think he may be right but depends on what distance it's looked from. That bear market may be just temporarely and the 61 fibonacci is the perfect spot for a turn around.Not
Think about it...Not
Can Bitcoin be bear?Not
ok calm down. I have to stop being emotional. Let's think.Not
Ok my ego just made me think that a person referred to me in a twitter. I am going insane. lolNot
I will go and look for short- term view to see what is going on. In the meantime here is one. It's combined with ETH but we are looking for sentiment and momentum. I think. loltwitter.com/PeterLBrandt/status/957225307559231488
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When you see a terget it's like when you see land after a long jurney. The last part is the most difficult because we get impatient. We would like to be already there. We see it. And that's when we start making mistakes. Sorry. When I start making mistakes. My anxiety kicks in and makes me do stupid things. Be patient and learn to wait.Not
I don't know the target. I am not a professional trader. I am just trying to understand how, why and when as my mother-in-law invested in BTC two week ago and keeps making my life hell by asking me every five seconds.Not
I told her to wait but she did't listen. lolNot
The RSI provide support at 52/53Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.