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Fib

Fibonacci should be your best friend! DJIIs the low in? That's the question everyone is asking themselves... It's difficult to come up with a good answer, one may be able to respond based on fundamentals, elliott waves, past corrections etc... But nobody knows for sure, and there is no best practice or highest probability that can aid you to get the correct answer to that question... The question that everyone should be asking themselves if they want to make money in this market: " when do I buy? When do I sell? " The answer to that is pretty easy... Use Fibonacci! If you don't believe Fibonacci might be the answer, you either don't want to, or haven't had the time to look into it. Please... start using this indicator properly on your mid and long term charts, use it in addition to the other indicators you're already using, or base your stop loss on a FIB level break or not, you will profit from it in the long run. 2 more tips from me: 1: The 0.618 FIB is the most common resistance to change the market direction and continue the bigger trend in most traditional markets. (0.5 can be more common in some markets/assets) 2: In extreme bullish or bearish scenario's the 0.5 FIB or even the 0.382 FIB might have more influence or a higher potential of changing the market direction than the 0.618 on the DJI we already saw the 0.382 introducing a lot of resistance, I already told most people that I believed this resistance was going to break in the short term because there was too much market acceptance and too many retests around that level. Surely, we did break the 0.382 and went straight for the 0.5, where we once again see a lot of resistance, and the more bulls are able to retest that level the higher the chance it will break all the same. If I had to make a guess right now, I would say that we might still visit the 0.618 (or get close to it) before we go down for either a higher or lower low in this market. Of course, some companies like Shell (which I bought at 11.7 EUR on AMS) might have seen the worst, even if the DJI itself was to go below 18k.
TVC:DJI
by ItsShowtime
3
Short term Tezos play up to $2.66 then back down to $1.98.This is just my calculations using Fib circles and Fib lines to guide me on the possible next few weeks' outcome for Tezos. This is just my opinion and not meant for trading advice. Please do your own research and understand that this market is extremely volatile. Given that the Bitcoin halving is just weeks away I believe we could see a move to the upside with Tezos. Now, could we go lower with Tezos in case Bitcoin falls another couple thousand dollars to the $4400 range? Yes, this can happen and if so Tezos will go lower as well. Please be cautious. Note also that we are about to come in contact with the 50-day moving average and when this happens Tezos usually has broken above the 50.
BITFINEX:XTZUSDLong
by altcoinb
Entry level for S&P500 ($1705-$2350)Many countries are releasing stimulus right now increasing Singapore. I think it will help boost the economy slightly. However, based on Fib retracement, a good entry level for S&P500 ($1705-$2350). A Fibonacci retracement is a term used in technical analysis that refers to areas of support or resistance. Fibonacci retracement levels use horizontal lines to indicate where possible support and resistance levels are. Each level is associated with a percentage. 50% to 61.8% are usually good indicators for a good entry point whenever there's a retracement downwards after a bullish run.
TVC:SPX
by Trader_hao