As per my ADA, AVAX observation published in a previous post where they both stopped short below the 1.618 FIB R level. I am hereby applying the same formula to ETH where it can potentially get capped at $5,500 for now before a deep correction. And whether this deep corrections takes into the an extended bull market or a bear market, that is yet to be seen.
DISCLAIMER:
While these targets can be seen as conservative or gloomy for some, I'd rather be on the safe side than get caught with my pants down as what happened to most in May 19th. For me, I am witnessing a market cycle being extended with a potential of a correction in the coming weeks. Be it triggering a bear market or not, that remains to be seen based on Weekly SMAs in time.
DISCLAIMER:
While these targets can be seen as conservative or gloomy for some, I'd rather be on the safe side than get caught with my pants down as what happened to most in May 19th. For me, I am witnessing a market cycle being extended with a potential of a correction in the coming weeks. Be it triggering a bear market or not, that remains to be seen based on Weekly SMAs in time.
Unless you figure a way to make money while you sleep, you’ll work till you die.
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Unless you figure a way to make money while you sleep, you’ll work till you die.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。