The chart is pretty much self explanatory. As you see, I tried to demonstrate the logarithmic move using Fibonacci retracement.
It seems obvious (to me) that we are at the third "High" point, whether it is an inside job or an organic move by market, the price reached Fib 2.0 and it needs a massive correction.
The next bottom could be between $4.0 and $7.0 (Fib 1.4 to 1.62).
This is not a financial advice. Trade wisely.
It seems obvious (to me) that we are at the third "High" point, whether it is an inside job or an organic move by market, the price reached Fib 2.0 and it needs a massive correction.
The next bottom could be between $4.0 and $7.0 (Fib 1.4 to 1.62).
This is not a financial advice. Trade wisely.
註釋
As long as this bear moves down, the next target is $7.
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。
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。