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.
تعليق:
0.786 fib retracement = around 4K
تعليق:
How bears view BTC
تعليق:
Accumulate as the price moves closer to the level of 0.786
تم فتح الصفقة:
Relevant
تعليق:
Crossing above the curve once more is a bullish sign, as well as entering green area.
تعليق:
Yellow area similar behaviour
تعليق:
تعليق:
Nice Fibonacci tune of fractal
