ETH analysis|Harmonic Patterns | Fibonacci|Gann |Time Length
Harmonic is the name given to a whole of compatible parts that complement each other. The term Harmonic is used in music,mathematics,physics and many other sciences.
We also use harmonic patterns in investment strategies. For example, in music, chords are standard patterns. Or radio waves with certain frank as between in physics.
In the stock market, we find these frequency levels with fibonacci measurements. Fibonacci works even in music, painting, physics. Because fibonacci is not an equation formulated by research, but nature itself. It's the way the universe talks to us. Here is a form that has become a picture of fibonacci frequencies that speak in harmonic patterns.
That harmony never breaks unless some greedy investors break the chart. We can see pulse variations in every harmonic everything that matches the Fibonacci harmony.
Everything always has a pulse. In a person's heartbeat, in the stars, in radio waves, in music, and everything else. The more regular these pulses are, the healthier we can think of that thing.
Voluminous coins are difficult to manipulate. Therefore, indicator signals flow harmoniously at all times. These signals are the pulse of that coin. If the signals are broken, the coin is either very excited, its emotions are mixed, or it is about to become sick. With Harmonic patterns, we can examine this coin, and with fibonacci data, we can say something about what it is by looking at its medical tests. We can listen to coin heart with sine waves. We can take an X-ray with the Gann data.
Candles, on the other hand, are gestures and facial expressions of this coin. It allows you to immediately see their grumpiness or happiness, or to understand if are on special occasions. :)
Now let's examine ETH.
to ETH's daily timeslot, Navarro drew or shark pattern. I think it was a shark. I expected it to turn down in previous analyses. But he got too excited and kept going up. According to my previous analysis, TP levels of ETH were 2900$ and 1760$ in price. But ETH didn't listen to me, pursuit BTC. :) Thus, only TP 1 of the shark pattern was able to reach its goal.
If we examine it as a month, we see that May 2021 is a hit-and-run. As if there was a big manipulation. We don't know, we'll look at the indicators.
The number 0.618 is the friend of the number 1.618 and the number 0.382 is the friend of the number 1.27. If measuring Fibonacci from the peak in May is not a mistake, the next target point will be 1.27. That's $ 5,500. But when I do the fibonacci measurement from $ 2790, we see a support at 0.618. In this case, the price target changes to $ 4500. This to me makes more sense. When we make a measurement decidedly ignoring manipulation, I feel as if the target that should be is more accurate.
Already Rsi data is now at the level of 80 . This should be equal to 99 at 1.27 levels. That didn't make much sense to me either. Completing 90 I with 1,618 levels will be healthier.
Looking at the weekly price levels of the shark pattern that we mentioned earlier, this time we meet with a different pattern. considering that this formation will be completed after a long time, we should not ignore the possibility of support to 1200 price levels in the future.
When we do a 4-hour review, we again encounter a harmonic pattern. Whether it's gartley and butterfly , we can get as much as $ 3700 if we agree that both will extend to 1,618. We can think of the return level as 3500.
I use the Gann box as a time measurement tool. It usually works well. But if you know where to look
Let's look at this time business as a bit of a wave with the Fib circle. we see prices peaking when fib breaks the 0.618 time wave.
Trend worked correctly with fibonacci levels of 0.618. And in the future, if this measurement works correctly, I expect to see $ 6400 in 1.618 fib time and 1.618 fib levels. Are you asking about date? 26June 2020 :) If i can do the date analysis correctly and 26 june the etherium is $ 6400 , you're invited to my birthday on June 26th.
Note:This is not investment advice.
We also use harmonic patterns in investment strategies. For example, in music, chords are standard patterns. Or radio waves with certain frank as between in physics.
In the stock market, we find these frequency levels with fibonacci measurements. Fibonacci works even in music, painting, physics. Because fibonacci is not an equation formulated by research, but nature itself. It's the way the universe talks to us. Here is a form that has become a picture of fibonacci frequencies that speak in harmonic patterns.
That harmony never breaks unless some greedy investors break the chart. We can see pulse variations in every harmonic everything that matches the Fibonacci harmony.
Everything always has a pulse. In a person's heartbeat, in the stars, in radio waves, in music, and everything else. The more regular these pulses are, the healthier we can think of that thing.
Voluminous coins are difficult to manipulate. Therefore, indicator signals flow harmoniously at all times. These signals are the pulse of that coin. If the signals are broken, the coin is either very excited, its emotions are mixed, or it is about to become sick. With Harmonic patterns, we can examine this coin, and with fibonacci data, we can say something about what it is by looking at its medical tests. We can listen to coin heart with sine waves. We can take an X-ray with the Gann data.
Candles, on the other hand, are gestures and facial expressions of this coin. It allows you to immediately see their grumpiness or happiness, or to understand if are on special occasions. :)
Now let's examine ETH.
to ETH's daily timeslot, Navarro drew or shark pattern. I think it was a shark. I expected it to turn down in previous analyses. But he got too excited and kept going up. According to my previous analysis, TP levels of ETH were 2900$ and 1760$ in price. But ETH didn't listen to me, pursuit BTC. :) Thus, only TP 1 of the shark pattern was able to reach its goal.
If we examine it as a month, we see that May 2021 is a hit-and-run. As if there was a big manipulation. We don't know, we'll look at the indicators.
The number 0.618 is the friend of the number 1.618 and the number 0.382 is the friend of the number 1.27. If measuring Fibonacci from the peak in May is not a mistake, the next target point will be 1.27. That's $ 5,500. But when I do the fibonacci measurement from $ 2790, we see a support at 0.618. In this case, the price target changes to $ 4500. This to me makes more sense. When we make a measurement decidedly ignoring manipulation, I feel as if the target that should be is more accurate.
Already Rsi data is now at the level of 80 . This should be equal to 99 at 1.27 levels. That didn't make much sense to me either. Completing 90 I with 1,618 levels will be healthier.
Looking at the weekly price levels of the shark pattern that we mentioned earlier, this time we meet with a different pattern. considering that this formation will be completed after a long time, we should not ignore the possibility of support to 1200 price levels in the future.
When we do a 4-hour review, we again encounter a harmonic pattern. Whether it's gartley and butterfly , we can get as much as $ 3700 if we agree that both will extend to 1,618. We can think of the return level as 3500.
I use the Gann box as a time measurement tool. It usually works well. But if you know where to look