As seen on the chart as update. Hit the Fibs ext. pretty clearly, time for a wave 4 till we move higher to wave 5. Possible target for this big cycle around this lvl, might head higher!
The FETBTC pair is a lot clearer for EW. 0.382 retracement is at 0.00002745. The lines up with the retest of the weekly trendline breakout (Trendline from 6th Sept 2021 peak- 6th Feb 2023 peak, extended to current time frame). Which I think lines up roughly for your bottom wave 4 target line.
FloTi
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@Dr_Baz 0.382 did not get hit on the fetbtc chart. Originally I also went for the fetbtc chart and there is still a lot of room to the upside, but the fetusdt is clearer since BTC is still below the ath and in the merge for new aths and price discovery. The fetusdt chart is for me personally clearer for now
Dr_Baz
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@FloTi, sorry I meant that it should retrace to the 0.382.
FloTi
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As long as I can sell around 5 or higher with my moonbag, I am happy. Been accumulating for 4 ½ years, this coin will change my life, no matter which fibs it'll hit :)
Dr_Baz
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@FloTi oh you're more than fine then! My outlook is more short term
FloTi
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@Dr_Baz with the fetbtc chart, BTC halving, ai narrative and so on, I'm sure fet will hit higher highs within the next few months. Good luck :)