ETH is attempting to consolidate above the 2.618 level on the monthly log chart and approaching the 21 fib zone which is a key reversal point. This maps to the beginning of August 2022... I'll be watching price action on lower time frames until then.
Price is currently sitting at the 21 EMA and the 50EMA is below 2.618...
If there's no clear bullish impulse...
ZRX with impulse core (blue zone) and redux (red retracement). Two interesting fibonacci setups.
White circles indicate pings where price has a strong reaction to the fibonacci levels.
Impulse core from 2017
This BTC chart includes a distribution schematic for Wyckoff events and phases…
Price failed to breakdown support in Phase D then began to develop additional support at the 200MA. Nice.
The schematic may not be 100% accurate when it comes to placement levels and timing of phases but this correlation is interesting and worth watching.
🔮 Expecting 1/2...
Potential retrace to $100 soon. Looking for a decisive move...
Bill William's fractal (time fractals 🟡): S/R flip at average market cap 🔵
Oscillating around $150.00
Possible retest near $100
Emerging from 4Y moon crater
- 𝔭𝔬𝔢𝔱𝔦𝔠 𝔳𝔢𝔠𝔱𝔬𝔯𝔰
But the premise of modernism implies that art is used to disempower the other, but only if narrativity is interchangeable with truth.
Looking for support above 🔵 50MA
If it breaks downward then consolidation between 🟠 100MA and 🟡 200MA
"The main theme of Hubbard's model of capitalist neocultural theory is the common ground between society and class. Drucker holds that we have to choose between postmaterialist discourse and subsemiotic desublimation. It could be said that the characteristic theme of the works of Smith is the stasis, and subsequent futility, of textual culture.
Impulse Redux... can it breakthrough and continue the bullish trend?
Across the field
Tolling on the iron bell
Calls the faithful to their knees
To hear the softly spoken magic spell"
– David Jon Gilmour / Nicholas Berkeley Mason / George Roger Waters / Richard William Wright