The Fibonacci Reatracements / Extensions / Channels are very powerful and useful tools to verify the supports and the past resistances and in order to predict which future ones, it is certainly not a perfect tool but if used in the long term I must say that the result is very accurate .
Having said that I have to recroll myself on the fact that the next top will be at 77K, I think instead that the next important resistance will be around 100K , however, I am more and more convinced that we are very far from the beginning of a Bear market , anyway DYOR
Having said that I have to recroll myself on the fact that the next top will be at 77K, I think instead that the next important resistance will be around 100K , however, I am more and more convinced that we are very far from the beginning of a Bear market , anyway DYOR
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.