Doge Fib Channels...
מעודכן
For the nine fib channel retracements I want to note, in order: The red ellipse denotes a retracement to the 1.618 for the end of phase one and the beginning of phase two, the orange ellipse denotes a retracement to the 2.168 for the second leg of phase two, the purple ellipse denotes a retracement to the 3.618 for the top of phase two—so 1.618 to 2.618 to 3.168 all in phase two—the blue ellipse denotes a retracement to the 4.168 for the absolute bottom of phase three, the yellow ellipse denotes a retracement to the 0.618/0.768 and the 4/4.414 for the absolute beginning of phase three's bull run, the green ellipse denotes a retracement to the 1.618/2 and 4.618, the teal ellipse denotes a retracement to the 1.618/2 and 2.618/3, and the turquoise ellipse denotes a retracement to the 1.618/2 and 4/4.414; these latter three ellipses represent the three consolidation periods during the current phase three bull run. Lastly, the final white ellipse denotes the top of phase three's bull run, that being $28, on the 4.618—the fib channel that produces this is the one placed on our most recent consolidation period, i.e. the mid-segment of phase three's bull run. There is also a confluence between the originating phase one fib retracement and our most recent phase three fib channel, which is landing $28 on the 4.618. A wild ride we are on...
הערה
Decluttered chart: 
פרסומים קשורים
כתב ויתור
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