BitcoinEdukasi
Is the current battle simply the 50% retracement 10153 USD ?
Is this current battle at 10153 USD simply the 50% retracement level (of June - December 2019)?
13880 USD = June 2019 peak (which was actually near the 61.8% Fibonacci retracement of the (19666 - 3122.28 USD) bear years! See between lightblue and lightgreen 13346 USD)
6425 USD = December 2019 bottom (and it stabilized around the 23.6% Fibonacci retracement 7026 USD of the same (19666-3122.28) bear years.)
10152.5 USD = (13880-6425)/2 + 6425 = the middle. Is THAT what bears and bulls are fighting about at the moment??
I am very new to Retracement levels. But for the 50% you don't even need Fibonacci, just ... the middle. IF this matters, then I predict where we might see a similar fight:
19666 USD bull peak December 2017
3122.28 USD bear peak December 2018
(19666 - 3122.28)/2 + 3122.28 = 11394.14
--> There will be another price fight (of the really long term bears and bulls) ... around 11394 USD. Let's see if that happens.
Opinions? And: Have I drawn the Fibonacci retracements correctly? And: Is 29890 USD (161.80%) the target of this run?
13880 USD = June 2019 peak (which was actually near the 61.8% Fibonacci retracement of the (19666 - 3122.28 USD) bear years! See between lightblue and lightgreen 13346 USD)
6425 USD = December 2019 bottom (and it stabilized around the 23.6% Fibonacci retracement 7026 USD of the same (19666-3122.28) bear years.)
10152.5 USD = (13880-6425)/2 + 6425 = the middle. Is THAT what bears and bulls are fighting about at the moment??
I am very new to Retracement levels. But for the 50% you don't even need Fibonacci, just ... the middle. IF this matters, then I predict where we might see a similar fight:
19666 USD bull peak December 2017
3122.28 USD bear peak December 2018
(19666 - 3122.28)/2 + 3122.28 = 11394.14
--> There will be another price fight (of the really long term bears and bulls) ... around 11394 USD. Let's see if that happens.
Opinions? And: Have I drawn the Fibonacci retracements correctly? And: Is 29890 USD (161.80%) the target of this run?
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.