Leep POTM (pickupic)

Fibonacci was an Italian mathematician known for the Fibonacci sequence. In trading, Fibonacci retracement lines are used to predict support and resistance levels on a chart. These lines are based on percentages from the sequence, such as 23.6%, 38.2%, 50%, and 61.8%. They help traders identify potential price reversal points and levels where the price may slow down or change direction.

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LONG #ETHUSDT from $2,491 Stop Loss at $2,477 On the 5-minute timeframe, we have an overall uptrend structure. Locally, there has been a structural break to the upside, which serves as confirmation. As a result, a diagonal level has formed, and during retracements to its boundaries, we observe price manipulation over liquidity, indicating position accumulation by a large player. Additionally, a liquidity level has formed above (at $2,494), which acts as a magnet for the market maker. I expect price growth to continue the upward structure and remove liquidity from below.

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Noticed influencers cautiously recommending altcoin long setups on spot. Firstly, you've been slow to act. We’ve been gradually accumulating in July and pushing hard in August, just starting to gain momentum. DOGS is a case in point. Secondly, expect your new positions to face a cold shower first. While you panic, we’ll be adding more after partial profits.

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Hey Farcaster community! Excited to be here and love being part of something new and fresh! 🚀

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