A guide for Fib circles
1 - Draw the trendline
2 - look for areas of confluence around the circle at levels for example 0.618, 1.618, 2.618, 3.618 ...
3 - Make an assessment
This is the 4Hour chart for Ethereum and isn't as reliable as using a higher timeframe, say drawing the trendlines through the entire bear market on the weekly for Ethereum would be more...
