TradingView
salgascalavia
Oct 14, 2020 7:21 AM

TRAC MOVEMENT Short

Description

TRAC MOVEMENT
Comments
littlewizard
There is so much wrong with this chart I don't even know where to start. I assume you drew those fractal EWT lines based on your hunch? $0,078 area was the strongest area for support, which means the buying area would be in the vicinity of 7,8 cents +/- 10-15%, depending on risk appetite. Also, applying historical Fib. retracement is pretty much useless on small cap tokens. It may work on BTC/ETH and such, but Fib. retracements work best when calculated from a bottom to the next top.
More