InvestMate|2 potential scenarios for ETH/USD to play out
💸2 potential scenarios for ETH/USD to play out
💸I made a couple of measurements.
💸1. Measuring the fibo from the peak before the start of the decline to the bottom.
💸2. Measuring the fibo from the bottom to the local peak.
💸3. Fibo measurement from local peak to local bottom.
💸4. one to one correction (overbalance).
💸5. Trend channel from peak before falls to bottom.
💸There are 2 scenarios.
💸1. We will start the uptrend which will eventually end at the levels of the 1.618 cluster and the one to one correction.
💸2. we will fall to the vicinity of the 0.618 wave level from the bottom to the local peak. After which we will make a rise to the one to one correction
💸This is a purely technical view providing an outlook for the next hours.
💸For a broader perspective I refer you to the previous 2 posts
💸1. A broad look at the crypto and Bitcoin market:
💸2. A technical look at the next few months on eth:
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
💸I made a couple of measurements.
💸1. Measuring the fibo from the peak before the start of the decline to the bottom.
💸2. Measuring the fibo from the bottom to the local peak.
💸3. Fibo measurement from local peak to local bottom.
💸4. one to one correction (overbalance).
💸5. Trend channel from peak before falls to bottom.
💸There are 2 scenarios.
💸1. We will start the uptrend which will eventually end at the levels of the 1.618 cluster and the one to one correction.
💸2. we will fall to the vicinity of the 0.618 wave level from the bottom to the local peak. After which we will make a rise to the one to one correction
💸This is a purely technical view providing an outlook for the next hours.
💸For a broader perspective I refer you to the previous 2 posts
💸1. A broad look at the crypto and Bitcoin market:
💸2. A technical look at the next few months on eth:
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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