Ethereum High Frequency Zone 2.0

Sup' fellas.

Another big confluence appears and identified.
Let's see if we see the counter of my last high frequency zone discovery which pummeled the price.

I will certainly enjoy the bars painting this chart.

2 days 10 hours left.

코멘트:

102-97€ is likely to make a extended upwave to the 0.786 then push for the halving after.

So.... currently 109€
then -> 97-102 area -> 125
then -> 80 rapidly to 160+ (high volume push)

코멘트:

How does this work?
I recommend reading this for better understanding the theory behind this chart.
www.investopedia.com...ing/06/fibonacci.asp

Quote:

코멘트:

In many cases, it is believed that humans subconsciously seek out the golden ratio. For example, traders aren't psychologically comfortable with excessively long trends. Chart analysis has a lot in common with nature, where things that are based on the golden section are beautiful and shapely and things that don't contain it look ugly and seem suspicious and unnatural. This, in small part, helps to explain why, when the distance from the golden section becomes excessively long, the feeling of an improperly long trend arises.

코멘트:

Guys, eth in the log scale looks.... really, uhm... yeah.
35€?

코멘트:

Post above is a little skewed, a wedge woulnt drop that far tho, i moved the horizontal line to a previous resistance/support zone which is more likely for the price to break out from the downtrend from, which is around 50€ which is supported by my other chart.

Conclusion, high likelyhood that we will hit my second target on this chart.
Also that, the "epicentre" in this chart is just a correction up before we move down again, let's see! Around 2 days left :-)

코멘트:

Nice, we broke out of the wedge and are testing it now -throwback. I'm going long if this holds!

액티브 트레이드:

Big fat long position here. Stop at 104€ precautionary, praying i don't get liquidated...

코멘트:

1h bullish divergence, triangle pattern about to complete

코멘트:

coinbase..

코멘트:

roughly 12 bars left

코멘트:

6 hours , maybe a bit more to we hit the spot. remember last time the major move took place a few hours off the confluence area (delay?)

코멘트:

We are in the epicenentre. We should see something major take place very soon! :O

코멘트:

*epicentre

코멘트:

코멘트:

코멘트:

Looks good zoomed in

코멘트:

And break confirmed