-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
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Rastad.io
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.