Fibonacci retracement long term projection $BTC $BTCUSDT $BTCUSD
What if we apply the Fibonacci retracement levels in advance and we adjust the low for the current cycle to the next cycle so that it is the N+1 level.
So the current (N) 0.382 becomes the next (N+1) 0.236. Which give us roughly 120k. I am curious how this plays out.
$MOMO has very strong fundamentals and building a firm base which is destined to a bounce. This is definitely a buy in this zone.
-outstanding P/E ratio
-good profit margin