EuroMotif
Education

The "Pulse" of an Asset times Fibonacci: Ether's 14 step method

COINBASE:ETHUSD   Ethereum / U.S. Dollar
Every move in a price chart starts with an ''Impulse'', imagine it like a ''Pebble''.
When the Pebble hits water it creates ''Ripples'' that are captured by the Fib Series.
Each Ripple has equal distances between peaks and troughs, or what I call the ''Pulse''.

Each Line has Gravity .
Each Line must be Tested.
Each Line has a Personality.

Every Asset Class behaves this way.
Every Time Frame shows these ripples.
Every Human Brain is susceptible to them.

This is part of my series of posts, highlighting the rhythmic nature to price action.
See the various ideas links below. In particular, check the numerous updates on this Idea:
Comment: ETH still fighting this Micro Fib
Comment: Ping ...
Comment: ETH still tightly bound by the ripples set forth by this impulse over a week ago
Comment: Another observation about the ''Micro Fib'' shown above if it breaks the 7.618, then it will probably head to the 9xxx band quick, for some reason the 8xxx bands rarely cause a turn, maybe a rest.
Comment: further observation implies weakness or retest of 7x band
Comment: Ping ....

Zoomed in
Comment: Ping ...
Zoom ...
Comment: Still testing each line.
Comment: thus the End of this Fib.
thus the Return to Base.
thus the Call of a Siren.
the Golden Ratio is my Religion.
the Trading View is my Nation.
the Moderator Tag is my Flag.

Related Ideas

As always thanks a lot!
Reply
I love your sharings on fibo structures and specially when it deals around ETH :)
thank you very much again !!
best regards
Reply
EuroMotif Mysticeti
@Mysticeti, Hello and very welcome.
Thank you for your kind words, makes the effort so much more worthwhile!
GO Ether!!
:)
Reply
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