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Fibonacci Extension

Rune will 15x in 2024! Buy this coin immediately.Technical analysis Rune is an extremely bullish coin and will hit a new all-time high relatively soon! It's still a good time to buy this coin and make a very nice 1500% profit this year. Why? As we can see, the coin is breaking out of the descending parallel channel on the weekly chart. Always wait for the rarest, but the retest already happened, so I don't think this coin will go down anymore. You can take the profit early or hold it to my ultimate target, which is a 1.618 FIB extension. Volume is extremely high, we have almost a record, which confirms my idea! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. What Makes THORChain Unique? THORChain enables native asset settlement, allowing users to swap Bitcoin, Ether, Stablecoins, and other coins across 9 distinct blockchains. THORChain does not wrap or peg assets, instead it allows value to be exchanged from one coin on one blockchain to another coin on another chain. THORChain uses a unique system to help mitigate the issue of “impermanent losses” — or the often temporary losses that a liquidity provider can experience when contributing to liquidity pools. It achieves this by using a slip-based fee to help ensure liquidity stays where it is needed. THORChain combines a range of novel technologies, including on-way state pegs, a state machine, the Bifröst Signer Module and a TSS protocol to seamlessly facilitate cross-chain token swaps permissionlessly. This is all kept behind the scenes, making the platform accessible to even inexperienced traders. The protocol isn't profit-oriented. All fees generated by the protocol go directly to the participants eg. node operators and liquidity providers, and there are no provisions for the team. Instead, the team is incentivized by simply holding RUNE — just like everyone else. THORChain enables Streaming Swaps which allow large swaps to be broken up into many smaller swaps over time, which significantly reduces swap fees for users. Other than swaps, THORChain offers single-sided liquidity provision through Savers. Users can provide Layer 1 assets such as BTC and earn single-sided yield without impermanent loss. THORChain also hosts a flagship Lending protocol where users can borrow against their native BTC or ETH and receive a USD-denominated debt in the asset of their choosing. The loans have no liquidations, no interest, and no expiration. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
14
$RZI Approaching potential break outRaiz is heading towards a break out from the current downtrend with potential for a golden cross scenario if consistent buy pressure continues. The SP is currently at support level of 0.39c and has been trading sideways within the range of 0.375 - 0.39c since February this year. 200 EMA is sitting right on the key resistance level of 0.415c, breaking this will signal a potential run back to around the ~0.50c level in line with fib extension levels. Finally, RSI showing higher lows also indicating a bullish sentiment going forward.
ASX:RZILong
by entryspecialist
1
Tea is good for the SOLGrab your favorite cup. Put a pot of water on the range. Non decaffeinated will help control the jitters. Id suggest earl gray or chamomile. Drew this one out after the cup formed. Cup and handle. C+H. Tea time. Measured move would be the depth of the cup. These situations usually play out to the 3.618 extension to the minimum. Fib extensions pulled from top to bottom and from cup neckline to base. both sets of fibs will offer insight into the price action to come. Don't sleep on this chart if you are looking for alt coins to rotate into. NFA Do Your Own DD
COINBASE:SOLUSDLong
by BallsOfSteel32
Target price FALABELLA S.A. / Precio objetivo FALABELLA S.A.ENG Together with measurements of Fibonacci Expansion, Fibonacci Retracement, using the BCS:FALABELLA golden system, we are certain that the price of #Falabella must reach the following bullish prices: -2720 - 3270 (Short-term target) -3700 -4080 -4350 -4650 -5100 Currently BCS:FALABELLA is trading at a value of 2477. When to buy? As measured with Fibonacci Expansion, there is a market debt at 2245 . Our optimal price to buy is between 2265 and 2180. When to sell? As a minimum objective, 3,270 CLP per share will be sought in the medium term. Even if it were to be bought now (2477) there is a 30% distance to reach objectives. ____________________________________________________________________________ ESP Junto con mediciones de Expansion de Fibonacci, Retroceso de Fibonacci, usando el sistema BCS:FALABELLA áureo, tenemos la certeza de que el precio de #Falabella debe llegar a los siguientes precios alcistas: -2720 - 3270 (Objetivo corto placista) -3700 -4080 -4350 -4650 -5100 Actualmente BCS:FALABELLA cotiza por un valor de 2477. ¿Cuando comprar? Según medición con Expansión de Fibonacci, hay una deuda de mercado en 2245 . Nuestro precio optimo para comprar es entre 2265 y 2180. ¿Cuando vender? Como objetivo minimo se buscará al mediano plazo los 3270 CLP por acción. Incluso si se llegase a comprar ahora (2477) hay un 30% de recorrido hasta objetivos.
BCS:FALABELLALong
by nianbove
1
QKC - 1400% profit in 2024, best time to buy!I am giving you this information in advance! Just before a huge pump that is going to happen very soon. Why? We have a very long accumulation phase by whales on the weekly chart (670-day). Usually, after such a long time, there is a great expectation for such a move. From the Elliott Wave perspective, we have a bullish (1)(2)(1)(2) combo (nest) which is pretty much the dream of every Elliott Wave trader. This coin is definitely something you want to consider, you still have time to do your own research as the price is still inside the accumulation phase. I provide you with 3 profit targets; now it's up to you which one you choose and how long you want to wait for it! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. About QuarkChain The QuarkChain Network is a permissionless blockchain architecture that aims to meet global commercial standards. It aims to provide a secure, decentralized, and scalable blockchain solution to deliver 100,000+ on-chain TPS. The main features of the QuarkChain Network are: Flexibility: QuarkChain is a public chain that can support multiple consensuses, multiple transaction models ( including virtual machines VMs), ledger, and token economics in one network. It can reportedly adapt to blockchain innovations by customizing consensus, transaction model (including VM), ledger, and token economics in each shard so that to satisfy different requirements of different industries/enterprises/DApps. The network supports two consensus algorithms, PoW and PoSW ( a combination of PoS+ PoW). More consensus algorithms (DPoS, PoS and etc) will be added into different shards in the future. It is EVM-compatible - every DApp deployed on Ethereum can be deployed in QuarkChain. The team plans to add more virtual machines (e.g. EOS VM) in different shards so that developers have more choices. Scalability: QuarkChain aims to deliver 100,000+ on-chain TPS. Currently, 55000+ peak TPS has already been achieved in TPS competition held within the community Decentralization: QuarkChain has a two-layered structure and encourages individual miners with different levels of capability to mine directly without joining mining pools. People can choose to mine either in the root chain or in the shard. Great Usability: QuarkChain supports Native token which enables each shard to have its own tokeneconomics. It also supports scalable cross-shard transactions. Only one account is required to access entire resources in all shards, and smart wallets simplify the management. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
18
📈TON Breaks ATH: Eyes on $6-7 Target?🚀🔥🔍TON coin has recently shattered its all-time high (ATH) with a convincing candle on the weekly timeframe, marking a significant 32% move from the trigger candle. The uptrend appears to be continuing, with a potential next target range around $6-7 based on Fibonacci levels. If you bought at lower levels, it is advisable to hold for now. ✨Taking a glance at the annual pivot points, TON has reached the R2 level and seems to be consolidating. Observing the reaction at this level will be crucial in determining the next move. A break above R2 could indicate further upward momentum, while failure and a trigger candle might signal a potential sell-off. 📊The recent influx of volume into this coin over the past two weeks suggests strong interest from investors. If there's a reaction to the annual R2 level, monitoring the trendline drawn can provide insights. In case of a breakdown and confirmation candle, selling could be considered. 💥The RSI oscillator has entered overbought territory, signaling a potential sharp movement similar to the recent 30% surge. Fundamentally, TON is associated with the Telegram messaging platform. If you believe in the widespread adoption of this messenger, investing in its coin could be lucrative. 🛒Waiting for a pullback to the trendline with confirmation from a candle could be a viable strategy if you're still on the sidelines. Keep an eye on the market dynamics and react accordingly for potential profit opportunities. 🧠💼Just remember, jumping into trades too quickly before the main trigger can be risky. Always manage your money wisely and be aware of the risks involved.
Long
by itsparham96
SHIBUSDT | 1-2-3 Wave projection - Pullback Position +75%A possible pullback for a long position at the key falling wedge breakout the price also now at the key weekly support EMA50W with bullish pinbar. If successfully takes out the previous high at fibonacci 100% extension, the next target 1-2-3 pattern at 161.8% and 261.8% level +75% and +130%+ weekly MACD: doubled bullish divergence at the pivot point, golden crossed and above baseline supporting the uptrend continuation when retesting the baseline.
Long
by dukeposh
Fibonacci extension levels BTC predictionIn my chart, I've utilized Fibonacci extension levels to identify possible support and resistance areas, with key ratios like 1, 1.618, and 2.272 providing insights into future price movements. I'm predicting the end of the current Bitcoin cycle around the 222K level, suggesting that it could be a significant peak. Furthermore, I'm projecting the next cycle to initiate from approximately 50K correction, aiming for a lofty goal of over 2M. This is a speculative projection based on my analysis. Let's see if this idea will come to fruition.
INDEX:BTCUSDLong
by tkarolak
The Bitcoin Matrix: Fibonacci’s $250k BlueprintI am tracing Bitcoin's trajectory to $250k using a unique technical lens - Fib circles on a logarithmic chart paired with extension spikes. These circles, six in number, have been instrumental in identifying key price action stages since Bitcoin's first halving. We group these stages into three 'duo-phases' ( I, II, III ) ( With two for each ) Each Macro Pair representing an integral era of Bitcoin's technical evolution in Logarithmic mode through s/r. I've also linked my other future proof Bitcoin analysis ideas below.
CRYPTO:BTCUSDLong
by MichaelBsul
4
Bitcoin: Bull Run Targets through FibonacciLet me explain. These are all Fibonacci Extensions. The Market Maker is officially done imo so I am very comfortable posting these finished schematics. Many Extensions reach the exact ATH at 69k as you can clearly see... The Schematics are numbered Chronologically. #1-#8 are placed in the order they were created. #3 are the SUPPORT Schematics that are highlighted in RED. #1 and #2 are monthlies because they are considered longer term. HOWEVER, every single schematic can affect any timeframe so there is zero bias. --For anyone thinking, "well theres lines everywhere so whats the point?" --All of these 'lines' are mathematically perfect so there is no arguing with them because they are all perfect and unique in placement. The linked idea is my old one... so this new idea is the revamped one. (better)
CRYPTO:BTCUSDLong
by MichaelBsul
7
VRA/USDT Bullish Higher Timeframe Targets #VRA #VRAUSDTHere we see our VRA Weekly chart and you can see it's showing strength now . VRA is pushing up over that dark blue 200MA line and that's very Bullish in my opinion . Altseason seems to be upon us as Bitcoin is right below its' previous ATH . If VRA can get back to it's previous ATH price near .088 cents then targets above there could be the following fib levels - 1.618 fib extension near .14 cents 2. fib extension near .175 cents 2.618 fib extension near .22 cents NFA DYOR but VRA is known to have a strong community and possible good news with tokenomics this year
Long
by shimmeringpath
Fibonacci retracements and extensions Fibonacci retracements and extensions are popular tools used in technical analysis to identify potential support, resistance, and reversal levels in GBP/USD (British Pound/US Dollar) trading. Here's how traders can utilize Fibonacci retracements and extensions effectively: **Fibonacci Retracements:** 1. **Identify the Trend:** Before applying Fibonacci retracements, identify the prevailing trend in GBP/USD. Fibonacci retracements are typically applied during trending markets to identify potential retracement levels within the trend. 2. **Select Swing Points:** Identify significant swing points on the GBP/USD chart, such as recent highs and lows. These swing points are used to anchor the Fibonacci retracement levels. 3. **Apply Fibonacci Levels:** Draw Fibonacci retracement levels by connecting a swing high to a swing low (in an uptrend) or a swing low to a swing high (in a downtrend). Common retracement levels include 23.6%, 38.2%, 50%, 61.8%, and 78.6%. 4. **Analyze Potential Reversal Zones:** Traders look for GBP/USD price to pull back to one of the Fibonacci retracement levels after a significant move in the direction of the trend. These levels may act as potential support or resistance zones, where traders anticipate a reversal or continuation of the trend. 5. **Confirm with Other Indicators:** Confirm Fibonacci retracement levels with other technical indicators, such as moving averages, trendlines, or candlestick patterns, to increase the probability of successful trades. **Fibonacci Extensions:** 1. **Identify the Trend:** Fibonacci extensions are applied to identify potential price targets in the direction of the prevailing trend. They are often used in conjunction with Fibonacci retracements to identify both retracement levels and extension targets. 2. **Select Swing Points:** Similar to Fibonacci retracements, select significant swing points to anchor the Fibonacci extension levels. These swing points should represent the initial impulse move in the direction of the trend. 3. **Apply Fibonacci Levels:** Draw Fibonacci extension levels by connecting a swing low to a swing high (in an uptrend) or a swing high to a swing low (in a downtrend). Common extension levels include 127.2%, 161.8%, 200%, and 261.8%. 4. **Identify Potential Price Targets:** Traders use Fibonacci extension levels to identify potential price targets where GBP/USD may encounter resistance or support as the trend progresses. These levels act as potential areas for taking profits or setting price targets for trades. 5. **Combine with Other Analysis Tools:** Combine Fibonacci extensions with other technical analysis tools, such as trendlines, chart patterns, or momentum oscillators, to confirm potential price targets and strengthen trading signals. By incorporating Fibonacci retracements and extensions into their GBP/USD trading strategy, traders can identify key support, resistance, and price target levels, helping them make more informed trading decisions and manage risk effectively.
Long
by FrankFx14