I used fib on time scale to measure the cycle and to tear up the fractal into different stages of the market. These proportions most likely can be applied to the case happened in recent 2 years.
Consider the M shape on the bottom that implies that market has lost its bearish incentive, can't fall anymore and is about to reverse its direction.
Consider the M shape on the bottom that implies that market has lost its bearish incentive, can't fall anymore and is about to reverse its direction.
코멘트:
0.786 fib retracement = around 4K
코멘트:
How bears view BTC
코멘트:
Accumulate as the price moves closer to the level of 0.786
액티브 트레이드:
Relevant
코멘트:
Crossing above the curve once more is a bullish sign, as well as entering green area.
코멘트:
Yellow area similar behaviour
코멘트:
코멘트:
Nice Fibonacci tune of fractal
