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FIBMAX Strategy Utilizing Fibonacci for DLMM During Bullish Momentum. No more blindness when facing rising tokens, how much will it rise. Exclusively welcoming $MET LGE🧵
@MeteoraAG 1./ Fibonacci Settings Open the Fibonacci indicator and set it exactly as shown in the image below. 0 0.382 0.5 0.618 -1.618 -0.618 -0.382 1
@MeteoraAG 2./ How to Use FIBMAX on a Chart Place the first Fibonacci point at the point where the market structure first changes. Since the market hasn't formed yet, we can place it from the beginning of the candle to the highest point.
@MeteoraAG 3./ Explanation Here we have a clear setup outlook for our DLMM. - Where is the entry liquidity? - Where can we exit? - What range can we place the liquidity in?
@MeteoraAG 4./ How to enter liquidity - Place a horizontal line at each exit point you want. - Copy the coordinates and enter them into the pool.
@MeteoraAG 5./ Notes & summary - This strategy is only for tokens that are rising or experiencing bullish momentum. - Exit points are signals; stay alert for unexpected price drops. - If the price falls past the golden ratio, then you have to accept the loss. I hope this is helpful. Ty☄️
