Looking at the $PENGU position, it might be more prudent to enter in two batches—half now and the other half waiting for the 0.0111 Fibonacci level to add to the position. From the chart, the current pattern looks good, with a low point forming and signs of an upward trend building. The potential for upward movement is quite considerable, and this price level is definitely worth paying attention to.

PENGU-4,17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
pumpamentalistvip
· 12h ago
Is Fibonacci really effective? It feels like all just hindsight bias.
View OriginalReply0
OnChainSleuthvip
· 01-12 00:21
0.0111 this level really can't hold anymore, Fibonacci is playing it really well
View OriginalReply0
GreenCandleCollectorvip
· 01-11 15:58
The Fibonacci position strategy does work, but I didn't dare to go all-in on this wave of $PENGU.
View OriginalReply0
GateUser-beba108dvip
· 01-11 15:57
I think this approach of entering in batches works, but I'm just worried that waiting for 0.0111 will take so long that the flowers will wither.
View OriginalReply0
ImpermanentSagevip
· 01-11 15:49
Is Fibonacci really that magical? I always feel like these numbers are right about everything.
View OriginalReply0
GasFeePhobiavip
· 01-11 15:49
0.0111 is a bit of a risky level; I feel like it might break through.
View OriginalReply0
OnChainArchaeologistvip
· 01-11 15:45
The Fibonacci sequence is back again, always the same explanation. Can this time be reliable?
View OriginalReply0
NFTArchaeologistvip
· 01-11 15:28
I'm tired of the Fibonacci position terminology, but this $PENGU price level is indeed quite interesting.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)