-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
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Rastad.io
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
