Bitcoin (BTCUSD)

Quoting Mohammed144

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Hello, my analysis of Bitcoin after the recent decline on the hourly timeframe at level 76. In my personal opinion, the price rebounded upwards at important Fibonacci levels. The end of the range is at level 90,000, which is a nearby trend level and resistance level for the price, in my personal opinion {image}

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Quoting Mohammed144

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{quote}
(...) we're seeing significant retracements at Fibonacci levels.(...) {image}

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Quoting blueRocket

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----/{image}

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Quoting blueRocket

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{quote} Someone who talks about Technical (analysis and trading) It's so infrequent that it's worth mentioning. MissD's post could have been the subject of technical questions, or discussion That of oo7rai too. (even if we see similarities with a known indicator). No discussion, no real exchange, it's usual on the majority of Threads. Someone who has no technical method told me: "I don't focus on explaining technical theories." Kicking the can down the road to present cobbled together trades that you don't know how to explain is easy but uninteresting....

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Quoting Mohammed144

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{quote} If you asked me, I would have answered you, but from your message it is clear that you have a trading system, (...)

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Quoting blueRocket

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{quote} You use the well known Fibo. Fibonacci is one of the techniques with an arbitrary grid. The grid does not depend directly on the metrics of the quotes. But of course interesting.

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Quoting blueRocket

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{quote} You use the well known Fibo. Fibonacci is one of the techniques with an arbitrary grid. The grid does not depend directly on the metrics of the quotes. But of course interesting.

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Quoting Mohammed144

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{quote} No, I use Fibonacci with fixed ranges.

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Quoting blueRocket

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{quote} Multiplier coefficients are intrinsic to Fibo. (that's why I said arbitrary)

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