-If we draw a Fibonacci retracement on the correction moves from ATH to next start of new cycles (this move usually makes about 80%-90% correction at each time happens), we have 161.8% Fibonacci key level that price comes up and react to it named as "Local Top".
-In 2013, price stop correcting at 127.2% Fibonacci level, we had same behavior in last correction from 64K to 30K in 2021.
-This Fibonacci key level (161.8%) has broken by price and we had 250%-300% growth after breaking, named as "All Time High". If we calculate it for now, next "All Time High" could be happen about "200K-250K".
-Based on breaking 161.8% key levels in past cycles, we can expect that 64K be broken cause that was a "Local Top" too.
-One more thing is that 161.8% Fibonacci key level will be our next Buy Zone for next cycle.
Enjoy The Ride :)
-In 2013, price stop correcting at 127.2% Fibonacci level, we had same behavior in last correction from 64K to 30K in 2021.
-This Fibonacci key level (161.8%) has broken by price and we had 250%-300% growth after breaking, named as "All Time High". If we calculate it for now, next "All Time High" could be happen about "200K-250K".
-Based on breaking 161.8% key levels in past cycles, we can expect that 64K be broken cause that was a "Local Top" too.
-One more thing is that 161.8% Fibonacci key level will be our next Buy Zone for next cycle.
Enjoy The Ride :)
Rastad.io
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Rastad.io
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.