EuroMotif

ETH.usd Targets 2k+ and relevant Support Resistance zones

COINBASE:ETHUSD   اثيريوم
Ether finally broke thru the "Epoch Impulse Redux" and exploded.
Now we have a dip that adds credence to established fib levels.
Targets 1935, 2125, mid 2600's. Supports 1722, 1650, low 1500's.

Drag DOWN on the Price scale to see zones above and below.
Then drag on the Chart itself to see the entire mapped area.
Use the "Make it Mine" feature under Sharing to have your own.

.

My basic concept comes from Newtonian Physics, "f=ma", "object in motion", etc.

I look for an "Impulse" wave (fib 0, 1) which then creates "Ripples" (fib extensions).
Thus a fib series is like a Ruler that is "Calibrated" precisely to one unique wave.
Next I look for fib confluences from the different waves, or their "Interference Pattern".

My last ETH post was derived form the above concept to map the EXACT resistance around previous ATH:

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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.