as promised, here's a mini thread on how you can use fib...
jack@jacknuked
24 views
Dec 20, 2024
~2 min read
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as promised, here's a mini thread on how you can use fib retracements as further confluence to buy dips on shitcoins
i'll show you how to set it up, and how to use them
(in a way which is hopefully easy to understand)
*not a thread emoji*
i'll show you how to set it up, and how to use them
(in a way which is hopefully easy to understand)
*not a thread emoji*
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confluence is always good, more of it will help build further thesis and confidence in your setup
fib retracements are a really good one to use especially when you're looking for the perfect dip to enter
fib retracements are a really good one to use especially when you're looking for the perfect dip to enter
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if you haven't already, go ahead and read my thread on how to buy dips (if you want this one to make sense lol)
jack@jacknuked
A Thread on how to really buy dips.
In this thread i'll cover how to get the perfect entries on a runner, the types of dips you'll see on these shitcoins and how to play them.
*insert corny thread emoji*
In this thread i'll cover how to get the perfect entries on a runner, the types of dips you'll see on these shitcoins and how to play them.
*insert corny thread emoji*
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> Setting up the fib retracement tool
- Select the fib retracement tool and place it on the chart (1 on the bottom, 0 on the top)
- Select the fib retracement tool and place it on the chart (1 on the bottom, 0 on the top)
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- Once you've placed it, left click on settings and just copy mine
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> Using fib retracements
- now you can only use 0.618 too but i use golden pockets if i wanna be even more precise (golden pockets are the fib level between 0.618 and 0.65)
- optimally work when we're looking for 60% dips, that's where i use fibs the most
- now you can only use 0.618 too but i use golden pockets if i wanna be even more precise (golden pockets are the fib level between 0.618 and 0.65)
- optimally work when we're looking for 60% dips, that's where i use fibs the most
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- 0.786 will provide a good area to look out for in floored stuff but thats not always the case
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> Examples
just gonna use the most closest random coins in my tabs and go back to launch to show how they work and how to place em
$verify (1/2)
just gonna use the most closest random coins in my tabs and go back to launch to show how they work and how to place em
$verify (1/2)
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decent 8x follows
$verify (2/2)
$verify (2/2)
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$leeroy (1/2)
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$leeroy (2/2)
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pretty much it ngl, hope the examples help a bit in understanding how to place them
you also don't always have to place them from launch price. On highercap stuff you can place fibs at higher-lows and figure out good levels to bid too.
you also don't always have to place them from launch price. On highercap stuff you can place fibs at higher-lows and figure out good levels to bid too.
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also, important to mention that I'm not guaranteeing it will work for every single coin. But it is what has worked for me so far.
thats it, cya for the next one.
thats it, cya for the next one.