Recently, I got too many requests to make a long-term chart in log mode to project the overall trend with fibonacci relationship.
- Measuring local low as 0 and local top as 1 to get a sequence based on that specific wave configuration.
- Fib channel is made by connecting ATH with previous bullrun top and dragging it to the lowest point.
- The combo gives us the ability to see general demand and supply zones and to take actions accordingly.
Commentaire:
LOG DISABLED
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0.382 level!
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Upd
price at 0.618
price at 0.618
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Demand zones. [Accumulation till intersecting upcoming fib line)