Search results for "FIBO"
06:07

FIBO price trend analysis and investment prospects

FIBO coin, as a rising star in the blockchain field, has quickly emerged in the market with advanced technology and a unique economic model. The coin's technological advantages support DeFi applications, and its price has risen remarkably in the past year, but there is high volatility and risk. Investors need to handle with caution, choose a secure storage method and a reliable trading platform, and seize the potential of FIBO coin. In the future, as the ecosystem expands, FIBO coin may play a more important role.
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DEFI-6.01%
04:55
For $IOTA , the 0.42 level needs to be surpassed first. Once that happens, the 0.70 level aligns with FIBO, supporting my analysis. We could potentially see a 100% increase within a week. The similar movement of #Ethereum and $XRP is likely to further encourage IOTA's growth. If these conditions align, #IOTA could gain significant momentum, attracting more interest and pushing its value higher
IOTA1.15%
ETH-1.27%
XRP1.18%
10:57
Hellena | GOLD (4H): Short to 38.2% Fibo lvl 2100. Dear Colleagues, Recent events have affected the price and gold was breaking records, but I was waiting for an opportunity to profit from the correction. I still suppose we can do it, because I saw a big wave 1, which means I expect a big correction to the 38.2% Fibonacci 2100 level area. Before this move, a high update to the 2175 resistance area is possible. Manage your capital correctly and competently! Only enter trades based on reliable patterns! Mar 8 Comment: Dear Colleagues, I still expect the price to test the 2175-2180 resistance area, after which I expect a decline in the wave 2 correction. But in any case, all my thoughts are on short positions. Mar 10 Comment: Dear Colleagues, price is testing the resistance area of 2175, but in the coming week I assume that price may update the high of wave 1. I do not suppose that a new high will mean that the forecast will be canceled. I am still optimistic that the price will start a corrective movement in wave 2. Mar 12 Comment: Dear colleagues, as I expected, the price is testing the resistance area. It is possible that the price will reach the level of 2200 by updating the wave. But I still believe that the price will go for correction to the 2100 area. 21 hours ago Comment: The situation in the markets is quite complicated, but my opinion has not changed. I suppose that the price is going for correction, but probably up to 2120-2130 at least. At these levels I will close some positions and set trades to breakeven. Perhaps at the beginning of the week the price will rise a little before the correction continues. (Source from: TV-Hellena_Trade)
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13:54
Hellena | GOLD (4H): Short to 100% Fibo 1972.810. Dear colleagues, the price made a strong impulse downward and reached the level of 1989. I assume that this is not the end of the move and the price will reach the area of 100% Fibonacci extension level 1972.810. I suppose that this movement is a corrective movement in three waves. After reaching the target, I will redraw the waves. Manage your capital correctly and competently! Only enter trades based on reliable patterns! Feb 15 Comment: The price is still at the same level as yesterday. I am still leaning towards price making an upward move to the 2014 area and giving an opportunity to profitably enter short positions. Stay tuned for updates. Feb 16 Comment: The price is near the resistance area of 2014. This means that from now on I consider only short positions! At the end of the trading week it is dangerous to enter the market, but limit orders should be placed. Feb 18 Comment: Dear colleagues, the price has tested the resistance area 2014.966. In the coming week, I expect the price to start a downward movement to the target of 1972.810, before this movement it is possible to update the high in the area of 2020. 9 hours ago Comment: Price tested the 2015 area and updated the high. I think that now only short positions should be considered! The update of the local high at 2022.800 may question this forecast, but sometimes price needs to gain strength before moving. (Source from: TV-Hellena_Trade)
03:08
Hellena | GOLD (4H): Short to 100% Fibo 1972.810. Dear colleagues, the price made a strong impulse downward and reached the level of 1989. I assume that this is not the end of the move and the price will reach the area of 100% Fibonacci extension level 1972.810. I suppose that this movement is a corrective movement in three waves. After reaching the target, I will redraw the waves. Manage your capital correctly and competently! Only enter trades based on reliable patterns! Feb 15 Comment: The price is still at the same level as yesterday. I am still leaning towards price making an upward move to the 2014 area and giving an opportunity to profitably enter short positions. Stay tuned for updates. Feb 16 Comment: The price is near the resistance area of 2014. This means that from now on I consider only short positions! At the end of the trading week it is dangerous to enter the market, but limit orders should be placed. 14 hours ago Comment: Dear colleagues, the price has tested the resistance area 2014.966. In the coming week, I expect the price to start a downward movement to the target of 1972.810, before this movement it is possible to update the high in the area of 2020. (Source from: TV-Hellena_Trade)
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15:13
DeGRAM | GOLD idea for long opportunity Feb 5 GOLD is approaching the support level and channel border. Price tested the support level and bounced off before. Price is decelerating while approaching the support and 127.2% fibo extension level. We are looking for buying opportunities at the major support level. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support! 20 hours ago Trade closed: target reached: TP was hit (Source from: TV-DeGRAM)
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00:57
Gold analysis for the new week. Gold begins to dowtrend The gold price has had a very nice recovery rhythm to exactly the 0.5 fibo of wave 4 in the 2039 price range. And that is also the starting point for a long downtrend. My expectation is that gold will break through the Dow and break through the 2002 psychological zone. The point to consider buying scalping is at the 1993 zone because this is a small support area at the old bottom. The long-term goal is still to keep the gold SELL signal at 2039 according to the signal on my channel. Wish you successful trading (Source from: TV-RonaldoCR6)
GOAL1.82%
09:23
To see through the trend of gold, the 200-day moving average is the key! Gold fundamentals background: safe-haven buying provides support for gold prices U.S. Secretary of State Antony Blinken said U.S. President Joe Biden and the Israeli government had agreed on a plan for assistance that would "minimize civilian casualties and allow humanitarian aid to flow to civilians in Gaza in a manner unfavorable to Hamas," according to multiple media reports. Biden will visit Israel on Wednesday and meet with Jordan's King Abdullah II, Egyptian President Abdel Fatah al-Sisi and Palestinian President Mahmoud Abbas in an effort to contain the spread of violence in the region. Iran has warned that if the current situation worsens, it will then take pre-emptive action against Israel. The recent conflict in the Middle East has given gold a lot of safe-haven buying, pushing gold prices sharply higher. Gold remains strong even as U.S. Treasury yields continue to rise and approach multi-year highs. The 2-year yield continued to hover at 5.11%, while the benchmark 10-year yield continued to trade around 4.75%. Markets now look more focused on political risk than on the interest rate outlook. Technical analysis of gold trends: the 200-day moving average suppresses the rise of gold prices The gold trend daily chart also looks very interesting because the long-period Simple Moving Average (SMA) is at work. The 200-day SMA is currently limiting the rally in gold prices, confirming an upward break above the EMA – both closing and opening prices stabilizing above the EMA, when further resistance will focus on the 1939 and 1959 lines. Gold is building a series of higher lows, which may continue to provide support for gold prices and keep the rally intact. Short-term support is focused on the 1904 line (38.2% Fibo retracement level), followed by the 1900 and 1893 lines. The IG Customer Sentiment Indicator (IGCS) shows that 72.41% of retail investors hold a net long position in gold, with a long to short position ratio of 2.62:1. The number of net long positions increased by 7.95% compared to yesterday and decreased by 25.26% from last week; The number of net short positions decreased by 4.97% from yesterday and increased by 71.44% from last week. At DailyFX, the IG Client Sentiment indicator is often used as an inverse indicator, and retail bullish means that gold prices may fall. (Source: Dailyfx-Lisa Yin)
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09:08
Gold plummeted, what is the future trend? The US CPI exceeded expectations, and gold tumbled After hitting multi-month lows last week, gold prices (XAU/USD) have seen a modest recovery in recent days. Gold briefly rose to its highest level since September at the 1885 line on Thursday morning. However, better-than-expected US inflation data interrupted gold's upward momentum. Data showed that the US consumer price index (CPI) in September increased by 0.4% month-on-month and 3.7% year-on-year, both 0.1 percentage points higher than expected. Related reading: The overall CPI of the United States in September was higher than expected, the dollar rose, and gold fell in the short term! Sticky inflationary pressures rekindled upward momentum in U.S. Treasury yields, which also paved the way for broad dollar strength. The better-than-expected CPI data also led traders to reprice the Fed's terminal interest rate, increasing bets on a 25 basis point rate hike by the US Federal Open Market Committee (FOMC) in December (from 26% to 36% before the day). Naturally, these fundamental developments had a negative impact on gold and silver, both of which gave up their earlier gains and turned lower. While the prevailing market environment remains challenging for precious metals, the horizon seems to be slowly starting to glimmer of hope. For example, Fed officials have recently advocated patience and hinted that the Fed will be cautious about its follow-up actions, suggesting that policymakers are on the verge of ending the rate hike cycle. As the tightening cycle draws to a close, both the upside of nominal and real interest rates will be limited going forward, creating a more favourable environment for non-yielding assets. Technical analysis of gold trends: fall back in case of resistance, pay close attention to subsequent developments Gold briefly rose to the 1885 line of technical resistance on Thursday morning, but was quickly rejected, suggesting that market bears continue to take control. In other words, traders should continue to monitor the development of price action over the next few days for insight into potential signs of continued weakness. If weakness continues, this could push gold prices lower towards the 1860 line. While gold is expected to find support at the 1860 line, a break below could leave the possibility for gold prices to retest their 2023 lows. Conversely, if gold bulls return to the market and trigger a strong rally in gold prices, initial resistance focuses on the 1885-1890 line. Gold bears may be fighting here, but once bulls effectively break this resistance, then gold prices are expected to rise further towards the 1905 line (the 38.2% Fibo retracement level of the May/October decline). If it continues to rise, then gold bulls are expected to attack the resistance of the channel, which is currently at the 1925 line. (Source: Dailyfx-Lisa Yin)
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09:03
Gold prices are expected to close stronger! However, the long-term decline in precious metals is difficult to reverse Gold price outlook Gold prices moved higher in early European trading. Despite the recent Fed officials' comments that have increased market caution, gold still looks on track for a weekly close up 2.4%, which could be its best week since mid-March. Looking at the daily chart below, short-term resistance for gold looks set at the 1884.89 line of potential reversal since August. Above the short-term resistance, there are also 50-day and 200-day moving averages as further resistance. The two moving averages formed a bearish crossover pattern in September, suggesting broad downside risks to gold prices. In this regard, gold prices will face key headwinds on the eve of the coming weekend. Should gold turn lower, the 50% Fibo retracement line of 1848.37 is expected to be supportive, followed by a potential reversal zone of 1804.78-1815.30. (Source: Dailyfx-Ashley Huo)
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09:10
Gold trend: retail traders turn short, gold/USD is expected to continue to rise! Gold prices have rebounded more than 2.3% so far this week and, if the rally continues, it will be the best five days since mid-March. In response, the current bearish tendencies of retail traders have risen, as reflected in the IG Client Sentiment Indicator. The IG Client Sentiment Indicator is often seen as an inverse indicator, so will the price of gold continue to rise? Gold sentiment outlook – bullish The IG Client Sentiment Indicator shows that around 83% of retail traders currently hold net long gold. With most retail traders still betting bullish, this suggests that gold prices may continue to fall in the future. However, short positions by retail traders increased by 18.59% and 26.67% respectively from yesterday and last week. In light of this, the recent change in retail holdings suggests that gold prices are likely to continue to rise. Gold price daily chart As shown on the daily chart below, gold prices continued to rebound from the February low of 1804.78 before confirming a break above the 50% Fibo retracement level of 1848.37. The next focus is on the nearest resistance inflection level at 1884.89, just above which the 50-day EMA is just above. The bearish dead cross formed by the 50-day and 200-day moving averages since September is still in effect, suggesting a bearish outlook for the longer period. If the MA maintains a dead cross, key support levels will look towards the February lows. A break below this level will open the door to a resumption of the downtrend. (Source: Dailyfx-Leona Liu)
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