Many traders have noticed this rising wedge, so I will not claim some first discovery here.
But the strong leg down gave me some measurements, and rather interesting prediction.
And if that was wave 1 of 5, then it quite often proceeds to the 4.236 or 4.618.
Thus the fib targets match with 'traditional' targets for a rising wedge break.
Maybe it was just a bear trap, but lets see. But If this plays out,
it will be an interesting study of the ''pattern'' strategies that might have Fibonacci based proofs.
Background:
This is a continuation of my calculations to find the 'bottom' and consider whether it will go any lower or not.
First I saw 3618 on CoinBase as important which had been on my charts for over 6 months:
As it was being approached, I fined tuned the target a based on the downward momentum:
Getting closer, I started to see a bigger picture coming together:
As it bounced, I had hoped for a 4500-4700 peak:
But then 4425 came into focus as the big hurdle:
So here we are now, trying to gauge the retrace, which I think will be ONE of these TWO scenarios:
But the strong leg down gave me some measurements, and rather interesting prediction.
And if that was wave 1 of 5, then it quite often proceeds to the 4.236 or 4.618.
Thus the fib targets match with 'traditional' targets for a rising wedge break.
Maybe it was just a bear trap, but lets see. But If this plays out,
it will be an interesting study of the ''pattern'' strategies that might have Fibonacci based proofs.
Background:
This is a continuation of my calculations to find the 'bottom' and consider whether it will go any lower or not.
First I saw 3618 on CoinBase as important which had been on my charts for over 6 months:
As it was being approached, I fined tuned the target a based on the downward momentum:
Getting closer, I started to see a bigger picture coming together:
As it bounced, I had hoped for a 4500-4700 peak:
But then 4425 came into focus as the big hurdle:
So here we are now, trying to gauge the retrace, which I think will be ONE of these TWO scenarios:
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。