This scheme may work out IF PRICE DOESN'T go below 3k ANYMORE. If it does, then fractal justification collapses!
More works and timing estimations:
More works and timing estimations:
Trade closed: target reached
Trade active
Comment:
Fibonacci decrypted the cycle 0.618 - 0.786
Comment:
Align the time for the right scale with the price levels of the right chart. You will see double cycles on current price levels.
Comment:
After 0.618 rapid contrast growth than of below phi. I assume it’s a level of real cooldown for btc in respect to current condition of indices.
Comment:
1.618 of previous ATH will act as short-term resistance.