Hello Traders, Today I propose an idea that I would like to discuss with you as an equal, it is not a trading signal or advertisement, I simply expose myself as an everyday Illyrian Trader. Back to us and the desire to make moneyevery day,every minute, every second ( comes to mind BINANCE:DOGEUSDT " WoW MuCh MoNeY " ) what do you think of this asset? You seem to see the chart of BINANCE:WINUSDT, BINANCE:SANDUSDT, BINANCE:BTCUSDT, BINANCE:XRPUSDT, BINANCE:ADAUSDT not a forex asset, that people actually use. I didn't go short even though I have relatives in Turkey and actually 2 weeks ago they told me, and I quote: " If the @U*Ki#nG lira continues to fall like this, people will go to the streets and start a revolt " . I should have expected the short, I know.
In any case, I will tell you my idea. There are 3 possibilities and it is very difficult for me to be wrong:
1. Reaction on 0.618 fibonacci to go and attack the highs 2.Reaction at 0.786 Fibonacci which also corresponds to the 200 periods MA 3.PoC buy and hold until 0.618 Fibnacci My advice is not to trade this asset as long as it is so volatile but for experienced traders it is already different.What do you think? There are many great traders here from whom I want to hear an opinion without them trying to sell it or get publicity. By the way, I really liked tradingview's post about those who make analysis only for personal return.
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I like the n. 2 😎
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I had no doubt that I would be criticized immediately for this analysis. I think someone didn't understand what I'm talking about, however, it's taking shape the idea n. 2 " 2.Reaction at 0.786 Fibonacci which also corresponds to the 200 periods MA "
@BurakB_@BurakB_ I'm watching your Bitcoin " analysis " of July . And other that you published. wow man. I see a lot of random line yep. This is Fibonacci retracement, do you know?
IllyrianTrader
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@BurakB_ did you see that the Fibonacci retracement has potential? I'm not being controversial here.