LDG25

ONT/USDT Potentially using Fib wrong

Long
KUCOIN:ONTUSDT   Ontology / Tether
So I'm new to using Fibonacci retracements/extensions.
This is my first time trying to predict price movement by drawing triangles.
From the youtube videos I've watched I assume I did it right, but it feels wrong.
However, when I zoom out and compress the chart the prediction looks like something the price would do.

Comment below what you think about the Idea, point out what I did wrong or if its right in some weird way.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.