2014 Fibonasty Fractal Repeating Itself - CHECK THIS OUT!
So here's another interesting fib fractal to follow on with my visionary, absolutely genius fractal that I posted earlier.
Check out the chart above. And then check out the 2014 chart below. You can see that, while not perfect, the July-Dec rally is roughly following the fib retracements of the 2013 rally/2014 crash, with some very similar chart patterns mixed in. The good news is that we appear to be completing this retracement at a MUCH FASTER pace than in 2014. Also, the fundamentals for crypto in general are MUCH SUPERIOR than in 2014, where the implosion of a major exchange caused massive, prolonged liquidity issues. I would really be surprised if we fell much below .786 BUT YOU NEVER KNOW!!!! Either way, the .786 could be a strong entry point.
Check out the chart above. And then check out the 2014 chart below. You can see that, while not perfect, the July-Dec rally is roughly following the fib retracements of the 2013 rally/2014 crash, with some very similar chart patterns mixed in. The good news is that we appear to be completing this retracement at a MUCH FASTER pace than in 2014. Also, the fundamentals for crypto in general are MUCH SUPERIOR than in 2014, where the implosion of a major exchange caused massive, prolonged liquidity issues. I would really be surprised if we fell much below .786 BUT YOU NEVER KNOW!!!! Either way, the .786 could be a strong entry point.
ملاحظة
Here's the 2014 retracement for reference: 
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.