This type of growth has been called "Exponential" or "Parabolic" by many analysts. This occurrence is actually NOT very common in markets at a scale we can see. This DOES occur at microscopic levels but is difficult to capture at those levels.
Most moves are "Linear" growth such as 2.618, 3.618, 4.618, as most of my plots. But once a while we will see this "", 2.619, 4.618, 6.853, etc. This can occur early in life, or later during a "ReBirth" like .
But this growth pattern is the ONLY manner in which things grow in Nature. It applies from the length of your finger bones, to the arms of a spiral Galaxy. It makes sense, 1+1=2, 1+2=3, 2+3=5, 5+3=8, etc. A natural means of growth.
This particular specimen is OXT (Orchid) recently launched on CoinBase. It has since grown by leaps and bounds (literally) with over 300% gains. Each expansion and each retrace have been in sync with this Fib.
So will it now crash and burn? or will it reach for the Next Golden Fib? Of note, it was not able to reach the blue 13.706 ratio before pulling back. If it comes back to a fib and bounces with a "", that is when to buy.
This is part my ongoing series to collect examples of my Methodology.
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Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect.
every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms.
He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos.
Ordered Chaos
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want to Learn a little More? can you Spend a few Moments? click the Links under Related.
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Ping
Just got a Ping on a minor Fib
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Possible path to the next "Golden Fib"
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Ping
Perfect Reaction at the Golden Fib That is what I call a "Ping", as in "Give me a ping Vasili. ... One Ping Only please" :)
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Still Going.
Price crossed back above the 11.089 fib. Now will it Ping it from above? will it Ping the 11.089 at 68 cents?
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Retrace? Measure it.
First: How to "Fudge your Fibs" (see textboxes in pic)
Next: include that fib with the original "Glolden Fib" Gives us even more confidence in the .60-61 cent zone as support. So my Stop is at 59 cents. Either 60/61 will bounce it, or take a lot of bear power to push through, in which case I want the F out of there anyway ....