Holochain has seen a % pump over the past few days, which has led to the completion of this Elliot wave.
Doing a fib retracement of the entire wave I laddered my buys between .000452-.000460.
The significance of those prices is that they are right in between the .5 and .618 retracement zones.
The .618 zone being known as the "golden zone"
Zones of interest and targets are on the chart! Good luck everyone!
This is just my opinion and view of the market. Please keep this in mind and consider in your trades.
Hit "Like" if you like my analysis. That would help me to understand if you really liked it :-) !
Trading ideas are not trading recommendations - this is just my point of view....
Entonnoir : W/D/H4 (swing)
Toujours sur notre biais haussier weekly, le prix a déjà testé la zone de S/R des ~850 deux fois avec des sommets et des creux daily (découpage jaune) de plus en plus hauts ce qui reste très bullish selon moi.
J'attends impatiemment la prochaine sortie de compression H4 (bleu) pour me placer à l'achat si celle-ci casse...
1 - HOT ETH mutiplied it price a first time by 5 then corrected to the 0.786 Fibonnacci level
from 141 to 692 to 300
2 - second time same stuff multiplied by 5 then corrected to to the 0.786 Fibonnacci level
from 300 to 1490 to 536
Is it time to do the same schema again ?
from 536 to 2500 ?
if history repeats itself target should be 2500